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Stouffville Housing Market Report

Stouffville housing market report

Stouffville housing market overview

  • The average home price in Stouffville was $1,274,868 — a -2.76% year-over-year decrease.
  • The median home price in Stouffville was $1,057,500 — a -14.02% year-over-year decrease.
  • The average detached home price increased 7.41% year-over-year to $1,523,591
  • The semi-detached home price decreased -100% year-over-year to $0
  • The condo townhouse home price decreased -14% year-over-year to $957,894
  • The average condo apartment home price decreased -28.44% year-over-year to $803,300

Table of contents

Average home price trends

The average home price across all property types in Stouffville was $1,274,868. Home prices have decreased -2.76% year-over-year compared to the average home price of $1,311,002 the prior year. The average home price across all property types saw a 1% month-over-month increased from the average home price of $1,262,250 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 $1,523,591 +5.19% +7.41%
Semi-Detached $0 -100% -100%
Condo Townhouse $957,894 +0.8% -14%
Condo Apartment $803,300 +15.33% -28.44%

Important Market Metrics

Sales

Total sales in Stouffville were 60 which is a 57.89% increase from 38 sales the prior year. Here is how the sales are broken down by property type:

  • Detached: 36 — a 33.33% Y/Y increase
  • Semi-Detached: 0 — a -100% Y/Y decrease
  • Condo Townhouse: 16 — a 220% Y/Y increase
  • Condo Apartment: 5 — a 150% Y/Y increase

Inventory

The housing inventory this month is 3.6 months which is up from 3.7 months of inventory the prior month and 2.7 months the prior year. Housing inventory this month is much higher than the historical 5-year average which is 0 months of inventory.

Listings

Stouffville had total new listings of 94 which is a 2.17% Y/Y increase and -14.55% 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 Stouffville was 41.8% in August 2024. The SNLR indicates a buyers market market with a SNLR ratio that falling below 40%.

All property types

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

Stat August 2024 Y/Y Change
Average Price $1,274,868 -2.76%
Median Price $1,057,500 -14.02%
Sales 60 +57.89%
New Listings 94 +2.17%
Active Listings 207 +37.09%

Single-family detached home prices in Stouffville

Stat August 2024 Y/Y Change
Average Price $1,523,591 +7.41%
Median Price $1,280,000 -4.12%
Sales 36 +33.33%
New Listings 67 +13.56%
Active Listings 166 +66%

Semi-detached home prices in Stouffville

Stat August 2024 Y/Y Change
Average Price $0 -100%
Median Price $0 -100%
Sales 0 -100%
New Listings 0 -100%
Active Listings 3 +200%

Condo townhouse prices in Stouffville

Stat August 2024 Y/Y Change
Average Price $957,894 -14%
Median Price $963,250 -10.81%
Sales 16 +220%
New Listings 14 +0%
Active Listings 17 -19.05%

Condo apartment prices in Stouffville

Stat August 2024 Y/Y Change
Average Price $803,300 -28.44%
Median Price $860,000 -23.39%
Sales 5 +150%
New Listings 9 +50%
Active Listings 17 -5.56%

Other housing market reports across the greater Toronto area:

Toronto

Halton Region

Peel Region

York Region

Durham Region

Dufferin County

Simcoe County

source: TREB