Oshawa Real Estate Statistics
Oshawa Real Estate Price Trend
Oshawa real estate average sold price in the last 30 days (October 21 - November 19) was $748,082, which is $20,690 (2.8%) lower than the average price of $768,772 in the previous 30 day period (September 21 - October 20), and $2,654 (0.4%) down from the same period 1 year ago ($750,736). Oshawa real estate prices over the last 30 days are also $37,980 (5.1%) lower than the average selling price of $786,062 over the past year.
Oshawa average sold price for homes was $797,863 in the last 30 days (October 21 - November 19), which is $15,018 (1.9%) down from the average home price of $812,881 in the previous 30 day period (September 21 - October 20), and $91 (0.0%) higher than the same period 1 year ago ($797,772). In the last 30 days Oshawa the average home price was $40,258 (5.0%) lower than the average selling price of $838,121 over the last 12 months.
Average Oshawa condo sold price over the last 30 days (October 21 - November 19) was $410,283. During this period it was $43,466 (10.6%) down from the average price of condo of $453,749 during the previous 30 days (September 21 - October 20), and $77,583 (18.9%) lower compared to the same period 1 year ago ($487,866). In the last 30 days Oshawa the average condo price was $29,476 (7.2%) lower than the average selling price of $439,758 over the last year.
Average sold price of Oshawa townhouse was $655,913 in the last 30 days (October 21 - November 19), down $6,042 (0.9%) from the average townhome price of $661,955 over the previous 30 days (September 21 - October 20), and $2,621 (0.4%) higher than during to the same period 1 year ago ($653,292). Over the last 30 days the average townhouse price in Oshawa was $26,104 (4.0%) lower compared to the average selling price of $682,017 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Oshawa real estate was $748,082 in the last 30 days (October 21 - November 19), which is collectively $1,029 (0.1%) higher than the average asking price of $811,030. This represents a decline of $5,594 (84.5%) compared to $6,623 (0.8%) Sold-Over-Asking price from the previous 30 day period (September 21 - October 20).
The maximum Sold Over/Under Asking ratio in Oshawa during the last 12 months was recorded in May, 2024 with an average of $43,514 over the asking price, while the minimum occurring in December, 2023 with $11,265 below the asking price.
Sales to New Listings Ratio
Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Oshawa was 57.1% with 236 properties sold and 462 new properties listed in the past 30 days (October 21 - November 19). This represents an increase from 43.7% recorded during the previous 30 day period (September 21 - October 20), and an increase from 40.2% compared to the same period one year ago.
Over the the last year the highest SNLR in Oshawa was 107.9% recorded in December and the lowest was in September at 39.4%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 236 properties that were successfully sold in Oshawa in the last 30 days (October 21 - November 19) was 24 days, which is 1 days more than 23 days average in the previous 30 day period (September 21 - October 20) and 7 days longer than during the same period a year ago (17 days).
There were 331 delisted properties in Oshawa, those that got either Expired, Suspended or Terminated over the last 30 days (October 21 - November 19) with an average of 55 days on the market. This is 8 days longer than the average of 47 days during the previous 30 day period (September 21 - October 20) and 15 days more compared to the same period last year average of 40 days on the market.
331 Oshawa properties that didn't sell stayed on the market 129.2% longer than 236 that sucessfully sold over the last 30 days - 24 days when sold vs 55 days when delisted respectively.
Average Days on the Market in Oshawa over the past 12 months for properties that have sold was 20.0 days, with 44.8 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
413 new properties were listed on the market in Oshawa in the last 30 days (October 21 - November 19). During the same time 236 properties were sold and 331 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 154 properties (or 37.3%).
During the previous 30 day period (September 21 - October 20) there were 462 new properties listed, 202 sold and 263 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was July with 562 new properties listed, the slowest - December with 151 new listings and a yearly average of 432 new listings per month.
New Real Estate Listings by Property Type
There were a total of 305 homes listed during the last 30 days (October 21 - November 19), which is 73.8% of all properties listed in Oshawa. This is a 10.0% decline compared with a previous 30 day period (September 21 - October 20) and 0.0% down from the same period a year ago. Over the past year an average of 314 homes are were listed per month.
35 condo units were listed in the last 30 days (October 21 - November 19) in Oshawa, which represents 8.5% of all new listings. This is up 45.8% from the prior 30 day period (September 21 - October 20) and 52.2% more compared to the same period last year. There were 28 condos listed per month on average during the last 12 months.
73 townhomes were listed over the last 30 days (October 21 - November 19) in Oshawa, which is 17.7% of all new real estate inventory. This is a 26.3% less than during the previous 30 day period (September 21 - October 20) and 2.7% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 90 a month.
Real Estate Sales by Property Type
There were a total of 174 homes sold during the last 30 days (October 21 - November 19), which is 73.7% of all properties sold in Oshawa. This is a 13.0% increase compared with a previous 30 day period (September 21 - October 20) and 41.5% up from the same period a year ago. Over the past year an average of 176 homes are were sold per month.
12 condo units were sold in the last 30 days (October 21 - November 19) in Oshawa, which represents 5.1% of all sold properties. This is up 50.0% from the prior 30 day period (September 21 - October 20) and 0.0% less compared to the same period last year. There were 14 condos sold per month on average during the last 12 months.
50 townhomes were sold over the last 30 days (October 21 - November 19) in Oshawa, which is 21.2% of all sold real estate. This is a 25.0% more than during the previous 30 day period (September 21 - October 20) and 85.2% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 43 a month.