Ajax Real Estate Market Report

The Ajax, Ontario real estate market is currently classified as a balanced market. The MLS® composite benchmark price is $839K, down 4.6% year-over-year.

There are currently 287 active listings, representing 4 months of inventory. According to Toronto Regional Real Estate Board, there were 72 sales and 172 new listings in August 2026.

Currently, listings spend an average of 28 days on market and the average price per square foot is $280.

Board Data vs Our Listings

MetricToronto Regional Real Estate BoardOur Listings
Benchmark / Median Price$839K$850K
Average Price$872K$1.1M
Active Listings285287

Among the property types shown for Ajax, Detached properties make up the largest share at 86% of these listings with an average price of $1.1M. Condo listings follow at 14% (avg $577K).

Sales Activity & Absorption

Volume

72
Board Sales
172
New Listings
28
Avg DOM
143
New (30d)

Market Signals

23
Price Cuts (30d)
57
New (7d)
42%
SNLR
42%
SNLR

Toronto Regional Real Estate Board reported 72 sales this period, 143 new listings appeared in the past month, 23 sellers reduced their asking price.

Market Balance

Months of Inventory

Seller'sBalancedBuyer's
4months
Balanced — Slight Seller Advantage
Sales-to-New Listings (SNLR)41.9%

Sales and new listings are roughly in balance.

Board Active Listings285
Site Active Listings287

At 4 months of inventory, the market is balanced. Neither buyers nor sellers have a decisive advantage — a good time for realistic pricing and considered offers.

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $850K, 20% down, 25yr amortization
$3,955/mo
at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

With 4.0 months of inventory, the market is near equilibrium with a slight tilt toward sellers. Properties sell within a reasonable timeframe, and pricing is competitive but not extreme. The Ajax market currently has 287 active listings with a median asking price of $850K and 4 months of inventory.

According to Toronto Regional Real Estate Board, the composite benchmark price is $839K (-4.6% year-over-year). There were 72 sales recorded

  • Average price per square foot is $280

For Buyers

The Ajax market is balanced. You have reasonable options, but well-priced homes will still draw interest. Get pre-approved and stay informed on new listings. There were 57 new listings in the past week.

For Sellers

Price your home realistically based on recent sales. Focus on presentation and highlight unique features. Well-priced properties are still selling within reasonable timeframes. 23 listings have reduced their price in the past 30 days.

Data sourced from CREA DDF® active listings. Metrics computed from listing data updated daily, with benchmark and sales statistics from Toronto Regional Real Estate Board. Prepared by Tania Menicucci with AI assistance, reviewed by our team.

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Asking prices and inventory reflect the listing snapshot, not completed sale prices. Board statistics and historical series use the source periods shown in this report. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.

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