Oshawa Real Estate Market Report

The Oshawa, Ontario real estate market is currently classified as a balanced market. The MLS® composite benchmark price is $705K, down 5.8% year-over-year.

There are currently 679 active listings, representing 4.5 months of inventory. According to Toronto Regional Real Estate Board, there were 143 sales and 369 new listings in August 2026.

Currently, listings spend an average of 31 days on market and the average price per square foot is $279.

Board Data vs Our Listings

MetricToronto Regional Real Estate BoardOur Listings
Benchmark / Median Price$705K$710K
Average Price$653K$904K
Active Listings640679

Among the property types shown for Oshawa, Detached properties make up the largest share at 83% of these listings with an average price of $843K. Condo listings follow at 17% (avg $477K).

Sales Activity & Absorption

Volume

143
Board Sales
369
New Listings
31
Avg DOM
306
New (30d)

Market Signals

57
Price Cuts (30d)
101
New (7d)
39%
SNLR
39%
SNLR

Toronto Regional Real Estate Board reported 143 sales this period, 306 new listings appeared in the past month, 57 sellers reduced their asking price.

Market Balance

Months of Inventory

Seller'sBalancedBuyer's
4.5months
Balanced — Slight Seller Advantage
Sales-to-New Listings (SNLR)38.8%

New listings are outpacing sales — conditions favour buyers.

Board Active Listings640
Site Active Listings679

At 4.5 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 $710K, 20% down, 25yr amortization
$3,304/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 4.5 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 Oshawa market currently has 679 active listings with a median asking price of $710K and 4.5 months of inventory.

According to Toronto Regional Real Estate Board, the composite benchmark price is $705K (-5.8% year-over-year). There were 143 sales recorded

  • Low sales-to-new-listings ratio (39%)
  • Average price per square foot is $279

For Buyers

The Oshawa 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 101 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. 57 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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