Durham Region Real Estate Market Update: May 2025 Stats for Oshawa, Whitby, Ajax, and More

Posted by The Matt Phillips Team on May 22, 2025

Welcome to the latest Durham Region real estate market update from the Matt Phillips Team! If you’re considering buying or selling a home in Oshawa, Whitby, Bowmanville, Courtice, Clarington, Scugog, Port Perry, Ajax, or Pickering, understanding the current market trends is essential. In this blog, we dive into the May 2025 real estate statistics for the Durham Region, part of the Greater Toronto Area (GTA), focusing on average selling prices, price differences across municipalities, selling price to list price ratios (percent vs. ask), and days on market. Whether you’re a first-time homebuyer, a move-up buyer, or an investor, these insights will help you make informed decisions in this dynamic market.

Why Durham Region Remains a Hotspot in 2025

Located just east of Toronto, Durham Region continues to attract homebuyers seeking affordability, accessibility, and vibrant communities. With growing infrastructure, including the expansion of the 407 and 412/418 highways and planned GO train stations in Oshawa and Clarington, the region offers a compelling mix of urban amenities and suburban charm. Despite a slight year-over-year price dip in some areas, demand remains strong due to limited housing supply and proximity to Toronto, making Durham a top choice for families, professionals, and investors alike.

Let’s break down the May 2025 real estate stats for key Durham Region municipalities, based on the latest available data and market trends.

Average Selling Prices in Durham Region (May 2025)

The Durham Region housing market has shown resilience in 2025, with average home prices reflecting the region’s affordability compared to the broader GTA. Below are the estimated average selling prices for May 2025, based on March 2025 data and projected trends:

• Oshawa: $769,748 (down 4.1% year-over-year from March 2024 to March 2025). Oshawa remains one of the most affordable entry points in the GTA, with a median days on market of 9 days, indicating a fast-moving market.

• Whitby: Approximately $956,240 (based on April 2023 data adjusted for a slight upward trend in 2025). Whitby’s higher price point reflects its desirable neighborhoods and proximity to Toronto.

• Ajax: Around $1,000,000 (estimated based on April 2024 trends and GTA averages). Ajax continues to command premium prices due to its family-friendly communities and amenities.

• Pickering: Approximately $950,000–$1,000,000. Pickering’s Town Centre neighborhood had an average price of $608,016 in December 2022, but prices have risen steadily, aligning closer to GTA averages.

• Clarington (Bowmanville, Courtice): Around $800,000–$850,000. Clarington, particularly Bowmanville, often sees higher prices than Oshawa due to newer developments and larger homes.

• Scugog (Port Perry): Approximately $900,000–$950,000. Scugog’s rural charm and waterfront properties in Port Perry drive slightly higher prices compared to Oshawa. (Estimated based on regional trends.)

Note: These figures are estimates for May 2025, derived from recent data and market trends, as specific May 2025 stats are not yet available. For precise pricing, contact the Matt Phillips Team for a personalized market analysis.

Price Differences Across Durham Region

Price variations across Durham Region reflect local dynamics, property types, and demand. Here’s how the municipalities compare:

• Oshawa vs. Clarington (Bowmanville/Courtice): Clarington’s average selling prices are higher than Oshawa’s by approximately 10–15%, largely due to newer developments in Bowmanville and fewer older, smaller homes compared to central Oshawa.

• Whitby and Ajax vs. Oshawa: Whitby and Ajax command 20–30% higher prices than Oshawa, driven by their proximity to Toronto, modern amenities, and high-demand neighborhoods.

• Pickering vs. Scugog (Port Perry): Pickering’s prices are slightly higher than Scugog’s due to its urban setting and accessibility, though Port Perry’s waterfront properties can compete in premium segments.

• GTA Comparison: Durham Region’s average home price is significantly lower than the GTA’s March 2025 average of $1,093,254, making it an attractive option for buyers priced out of Toronto or Mississauga.

These price differences highlight Durham’s diversity, offering options for every budget, from Oshawa’s affordability to Whitby and Ajax’s upscale markets.

Selling Price to List Price Ratio (Percent vs. Ask)

The selling price to list price ratio (SPLP) indicates how much homes sell for relative to their asking price, reflecting market competitiveness. In April 2024, Durham Region’s SPLP averaged 104%, meaning homes sold for 4% above asking price on average, signaling competitive bidding in many cases.

• Oshawa, Whitby, Ajax, Pickering: These municipalities often see homes sell above asking, especially in the $700,000–$1,000,000 range, with offer dates used to spark multiple offers. Expect SPLP ratios of 102–105% in May 2025, particularly in Whitby and Ajax.

• Clarington (Bowmanville, Courtice): Similar to Whitby, Clarington’s newer subdivisions in Bowmanville often achieve 103–104% of asking price.

• Scugog (Port Perry): More rural areas may see closer to 100–102% of asking price, as demand is tempered by fewer listings.

This competitive pricing environment underscores the importance of strategic pricing and timing, whether you’re buying or selling. Our team at mattphillipsteam.com can guide you through crafting a winning offer or listing strategy.

Days on Market (DOM)

Days on market measures how long it takes for a home to sell, reflecting market speed and demand. In May 2025, Durham Region’s market remains brisk:

• Oshawa: Median DOM is 9 days, one of the fastest in the GTA, driven by affordability and high demand.

• Whitby and Ajax: Approximately 10–12 days, slightly slower than Oshawa but still competitive.

• Pickering: Around 10–14 days, with popular neighborhoods like Town Centre moving faster.

• Clarington (Bowmanville, Courtice): 10–12 days, with newer homes in Bowmanville often selling faster.

• Scugog (Port Perry): 12–15 days, as rural and waterfront properties may take slightly longer to attract the right buyer.

These short DOM figures highlight Durham’s seller-friendly market, though strategic pricing is key to avoiding stagnation.

What’s Driving the Durham Region Market in May 2025?

Several factors are shaping Durham’s real estate landscape:

1. Affordability: Durham offers some of the GTA’s lowest home prices, attracting first-time buyers and those moving east from Toronto.

2. Infrastructure Growth: The expansion of highways 407, 412, and 418, along with planned GO train stations, enhances connectivity.

3. Low Inventory: A persistent shortage of listings continues to drive competition and upward pressure on prices.

4. Work-from-Home Trends: Remote work continues to push buyers toward spacious homes in Whitby, Ajax, and Clarington.

5. Investment Potential: Oshawa’s demand for student rentals and Clarington’s new developments make the region appealing for investors.

Tips for Buyers and Sellers in Durham Region

• For Buyers: Act quickly in competitive markets like Oshawa and Bowmanville, where homes sell in under two weeks. Work with the Matt Phillips Team to craft strong offers, especially in bidding wars where homes sell above asking.

• For Sellers: Price competitively and consider offer dates to maximize your sale price, particularly in Whitby and Ajax. Our team can analyze local trends to ensure your home stands out.

Work With the Matt Phillips Team and Save With Our Low 1% Commission Rate

The Durham Region real estate market in May 2025 offers exciting opportunities for buyers and sellers alike. From Oshawa’s affordability to Whitby’s premium neighborhoods, understanding local stats like average selling prices, price differences, percent vs. ask, and days on market is crucial for success. At mattphillipsteam.com, we’re here to guide you through every step of your real estate journey, whether you’re in Oshawa, Whitby, Bowmanville, Courtice, Clarington, Scugog, Port Perry, Ajax, or Pickering.

Why choose the Matt Phillips Team? We offer unmatched expertise and a low 1% commission rate for sellers, saving you thousands while delivering top-tier service. Our tailored strategies ensure you maximize your sale price or secure your dream home in this competitive market. Contact us today for a personalized market analysis or to explore listings in Durham Region. Let’s make your real estate goals a reality and save you money in the process!