Home
Canada Toronto Waterloo Markham Brampton Mississauga Ontario Richmond Hill Oshawa Oakville Thunder Bay Vaughan Windsor Hamilton Burlington
Land Transfer Tax Mortgage Affordability Debt Service Ratio CMHC Insurance Down Payment
About Contact ☰

Oshawa Housing Market Report

By Patrick Ross · Reviewed By Jacob Norris · Last Updated September 10, 2024
Oshawa housing market report

Oshawa housing market overview

  • The average home price in Oshawa was $780,900 — a -4.2% year-over-year decrease.
  • The median home price in Oshawa was $751,000 — a -5.18% year-over-year decrease.
  • The average detached home price decreased -0.81% year-over-year to $859,293
  • The semi-detached home price decreased -2.35% year-over-year to $672,978
  • The condo townhouse home price decreased -8.81% year-over-year to $579,313
  • The average condo apartment home price decreased -13.3% year-over-year to $369,917

Table of contents

Average home price trends

The average home price across all property types in Oshawa was $780,900. Home prices have decreased -4.2% year-over-year compared to the average home price of $815,098 the prior year. The average home price across all property types saw a 0.6% month-over-month increased from the average home price of $776,241 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 $859,293 -0.37% -0.81%
Semi-Detached $672,978 -0.58% -2.35%
Condo Townhouse $579,313 +4.82% -8.81%
Condo Apartment $369,917 -12.04% -13.3%

Important Market Metrics

Sales

Oshawa home sales history

Total sales in Oshawa were 164 which is a -32.51% increase from 243 sales the prior year. Here is how the sales are broken down by property type:

  • Detached: 108 — a -38.29% Y/Y decrease
  • Semi-Detached: 23 — a 4.55% Y/Y increase
  • Condo Townhouse: 16 — a 6.67% Y/Y increase
  • Condo Apartment: 6 — a -14.29% Y/Y decrease

Inventory

The housing inventory this month is 2 months which is up from 1.9 months of inventory the prior month and 1.5 months the prior year. Housing inventory this month is much higher than the historical 5-year average which is 1.14 months of inventory.

Listings

Oshawa had total new listings of 448 which is a -6.86% Y/Y decrease and -10.58% 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 46.3% in August 2024. The SNLR indicates a balanced market with a SNLR ratio between 40-60%.

Home prices in Oshawa

Oshawa historical home prices

All property types

The highest historical average home price in Oshawa was $1,099,738. The highest historical median home price was $1,050,000.

Stat August 2024 Y/Y Change
Average Price $780,900 -4.2%
Median Price $751,000 -5.18%
Sales 164 -32.51%
New Listings 448 -6.86%
Active Listings 589 +40.91%

Single-family detached home prices in Oshawa

Stat August 2024 Y/Y Change
Average Price $859,293 -0.81%
Median Price $820,000 -1.19%
Sales 108 -38.29%
New Listings 287 -8.6%
Active Listings 353 +37.89%

Semi-detached home prices in Oshawa

Stat August 2024 Y/Y Change
Average Price $672,978 -2.35%
Median Price $667,000 -5.38%
Sales 23 +4.55%
New Listings 34 -8.11%
Active Listings 29 +38.1%

Condo townhouse prices in Oshawa

Stat August 2024 Y/Y Change
Average Price $579,313 -8.81%
Median Price $570,000 -13.08%
Sales 16 +6.67%
New Listings 42 -4.55%
Active Listings 71 +36.54%

Condo apartment prices in Oshawa

Stat August 2024 Y/Y Change
Average Price $369,917 -13.3%
Median Price $376,000 -15.03%
Sales 6 -14.29%
New Listings 34 +3.03%
Active Listings 55 +48.65%

Canada Housing Markets

See the housing markets in Canada broken down at a national, provincial and city level with the following reports

source: TREB