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Durham Region Housing May 2025
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Housing Market Report for May 2025
Here is the Region of Durham Housing May 2025 report (all housing types), with reports from the Canadian Real Estate Association, and Toronto Regional Real Estate Board included.
This housing report for Durham Region includes the number of new listings, average list price, number of properties sold, average selling price, average days on market and average asking price to selling price ratio for all property types within the Region of Durham.
Scroll to the bottom for links to take you to the housing market reports for Uxbridge, Scugog and Brock.
From Toronto Regional Real Estate Board
Toronto Regional Real Estate Board – Market Stats At A Glance – May 2025
Read the Toronto Regional Real Estate Board Market Watch Report
🏡 Durham Region Real Estate Market Update – May 2025
As the spring real estate season rolls on, the Durham Region housing market is showing clear signs of adjustment. While activity remains steady, we’re seeing a shift in momentum that suggests a more balanced and thoughtful pace than in past years. Here’s what the latest data from May 2025 tells us about where the market stands—and where it might be headed.
May 2025
April 2025
📉 Prices Soften Month-over-Month and Year-over-Year
The average sale price for May 2025 came in at $905,702, down 0.9% from April’s $913,500 and a notable 5.16% drop from May 2024’s $954,942. The average sales price has been fluctuating month over month, however we are not seeing the price drop that buyers seem to be waiting for.
📊 Sales Volume Increases Seasonally, But Trails Last Year
Durham saw 850 total home sales in May, up from 769 in April, continuing the typical seasonal upswing in buyer activity. However, sales were still below last May’s total of 907, further emphasizing that this year’s spring market is more subdued compared to recent peaks.
📉 Sale-to-List Price Ratio Slips Slightly
The sale-to-list price ratio decreased to 100%, down from 101% in April. This slight dip means fewer homes are selling above asking price, which could be an early indicator that bidding wars are easing, giving buyers a bit more breathing room during negotiations.
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🏘️ New Listings Surge, Adding Pressure to the Market
New listings hit 2,461 in May, a significant jump from 2,135 in April and well above the 2,082 listed in May 2024. This uptick in inventory is contributing to a shift in market balance. As more properties become available, buyers have more choices, and sellers may need to adjust pricing expectations.
⏱️ Days on Market Increasing
Homes in Durham Region spent an average of 29 days on the market in May, up from 25 days in April. This trend indicates that buyers are taking more time before making offers, possibly waiting for price reductions or negotiating more aggressively.
📦 Inventory Levels Continue to Rise
Months of inventory increased to 3.29—up slightly from 3.18 in April. This movement keeps the market just at the line between a seller’s market and a balanced one. If this trend continues into the summer months, we could officially enter balanced market territory, where neither side holds a distinct advantage.
🌍 External Factors Still Weighing on Confidence
While local market fundamentals are gradually shifting, it’s important to recognize the global and national economic landscape as well. Ongoing uncertainty in the U.S. economy, a lingering trade war, and cost-of-living pressures are shaping buyer and seller behavior. That said, with Canada’s federal election now behind us, there’s hope that political stability may support improved consumer confidence moving forward.
✅ Key Takeaways – May 2025 at a Glance
| Metric | May 2025 | April 2025 | May 2024 |
|---|---|---|---|
| Average Sale Price | $905,702 | $913,500 | $954,942 |
| Total Sales | 850 | 769 | 907 |
| New Listings | 2,461 | 2,135 | 2,082 |
| Sale-to-List Ratio | 100% | 101% | — |
| Days on Market | 29 | 25 | — |
| Months of Inventory | 3.29 | 3.18 | — |
📌 Final Thoughts
The Durham Region real estate market in May 2025 is navigating a shift. Prices are cooling slightly, inventory is growing, and buyer competition is easing—at least for now. This creates a more balanced environment that may benefit both cautious buyers and sellers willing to adapt.
As we head into the summer, all eyes will be on interest rates, inflation trends, and consumer confidence. Whether you’re planning to buy, sell, or simply watch the market, staying informed is key.
Want to talk about what this means for your real estate goals?
📩 Contact me today and let’s chat strategy!
🔗 Related Post:
Durham Region April 2025 Market Report ➝
*Information is believed to be accurate at time of posting but is not guaranteed to be correct. Some values may vary slightly based on the exact date and time the reports were generated. Market stats are provided by TRREB (Toronto Regional Real Estate Board) and are based on sales for the month of Attached/Row/Townhouses, Condo Apartments, Condo Townhouses, Detached, Detached with Common Elements, Link Homes and Semi-detached. *Some values may vary slightly based on the exact date and time the reports were generated.
Not intended as a solicitation if your property is already listed by another broker. Affiliated real estate agents are independent contractor sales associates, not employees. ©2021 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker logos are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company owned offices which are owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act.
Click below for more reports
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