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Oshawa Housing Market Report

By Patrick Ross · Reviewed By Jacob Norris · Last Updated December 4, 2024
Oshawa housing market report

Oshawa housing market overview

  • The average home price in Oshawa was $765,674 — a 1.29% year-over-year increase.
  • The median home price in Oshawa was $732,000 — a 1.31% year-over-year increase.
  • The average detached home price increased 4.71% year-over-year to $859,463
  • The semi-detached home price increased 0.26% year-over-year to $660,778
  • The condo townhouse home price decreased -4.81% year-over-year to $772,392
  • The average condo apartment home price decreased -20.41% year-over-year to $424,181

Table of contents

Average home price trends

The average home price across all property types in Oshawa was $765,674. Home prices have increased 1.29% year-over-year compared to the average home price of $755,926 the prior year. The average home price across all property types saw a -1.2% month-over-month decreased from the average home price of $775,011 the prior month. Here is how the average home price has changed across property types.

Read More: Toronto (GTA) Home Prices

Property Type Average M/M Y/Y
Detached $859,463 +1.94% +4.71%
Semi-Detached $660,778 +8.25% +0.26%
Condo Townhouse $772,392 -1.28% -4.81%
Condo Apartment $424,181 -6.33% -20.41%

Important Market Metrics

Sales

Total sales in Oshawa were 198 which is a 25.32% increase from 158 sales the prior year. Here is how the sales are broken down by property type:

  • Detached: 124 — a 25.25% Y/Y increase
  • Semi-Detached: 18 — a -10% Y/Y decrease
  • Condo Townhouse: 17 — a 21.43% Y/Y increase
  • Condo Apartment: 16 — a 100% Y/Y increase

Inventory

The housing inventory this month is 2.1 months which is up from 2.1 months of inventory the prior month and 1.7 months the prior year. Housing inventory this month is much higher than the historical 5-year average which is 0 months of inventory.

Listings

Oshawa had total new listings of 345 which is a -8.49% Y/Y decrease and -27.97% M/M decrease.

Sales-to-new-Listings Ratio

The sales-to-new listing ratio is an important metric as it helps us to understand the balance of supply and demand in the housing market which helps determine who has the majority of negotiating power in the housing market. The sales-to-new-listings ratio (SNLR) in Oshawa was 48.1% in August 2024. The SNLR indicates a buyers market market with a SNLR ratio that falling below 40%.

Oshawa historical home prices

Historical home prices in Oshawa Oshawa home sales history

All property types

The highest historical average home price in Oshawa was $0. The highest historical median home price was $0.

Stat August 2024 Y/Y Change
Average Price $765,674 +1.29%
Median Price $732,000 +1.31%
Sales 198 +25.32%
New Listings 345 -8.49%
Active Listings 511 +32.73%

Single-family detached home prices in Oshawa

Stat August 2024 Y/Y Change
Average Price $859,463 +4.71%
Median Price $810,000 +3.18%
Sales 124 +25.25%
New Listings 210 -14.29%
Active Listings 299 +27.23%

Semi-detached home prices in Oshawa

Stat August 2024 Y/Y Change
Average Price $660,778 +0.26%
Median Price $663,500 +2.08%
Sales 18 -10%
New Listings 32 -8.57%
Active Listings 30 +66.67%

Condo townhouse prices in Oshawa

Stat August 2024 Y/Y Change
Average Price $772,392 -4.81%
Median Price $802,000 +0.88%
Sales 17 +21.43%
New Listings 40 +8.11%
Active Listings 76 +80.95%

Condo apartment prices in Oshawa

Stat August 2024 Y/Y Change
Average Price $424,181 -20.41%
Median Price $401,450 -11.28%
Sales 16 +100%
New Listings 35 +66.67%
Active Listings 54 +14.89%

Other housing market reports across the greater Toronto area:

Toronto

Halton Region

Peel Region

York Region

Durham Region

Dufferin County

Simcoe County

source: TREB