Whitby market report · October 2024
Whitby housing market: October 2024
Whitby housing market in October 2024: $967,363 average sale price (down 5.8% year over year), 168 homes sold, 1.9 months of supply — a seller's market. Figures from the Toronto Regional Real Estate Board.
What happened in Whitby in October 2024
Whitby recorded 168 sales in October 2024, 40.0% more than the same month a year earlier. Sellers brought 354 new listings to market, leaving 391 properties in inventory — 16.7% more than a year ago. At the month's pace of sales that is 1.9 months of supply, which puts Whitby in a seller's market. 49% of the month's new listings sold.
The average sale price across all property types was $967,363, down 5.8% year over year and down 1.9% on the month. Detached homes averaged $1,098,879 against $615,000 for condo apartments — the gap that decides which side of the $1.5 million insured-financing cap a purchase here falls on.
The two years to October 2024
By property type
| Type | Average sale price | YoY | Sold | New listings | Inventory |
|---|---|---|---|---|---|
| Detached | $1,098,879 | -1.6% | 99 | 217 | 243 |
| Semi-detached | $887,857 | +7.4% | 7 | 15 | 19 |
| Row / townhouse | $816,133 | -2.2% | 42 | 73 | 78 |
| Apartment | $615,000 | -17.0% | 5 | 22 | 28 |
| All types | $967,363 | -5.8% | 168 | 354 | 391 |
Source: the Toronto Regional Real Estate Board, Whitby, October 2024.
What this means if you're buying in Whitby
Market conditions shape the negotiation; your income, debts and the stress test decide what you can actually borrow. Detached housing in Whitby generally sits well under the insured cap, so buyers with less than 20% down have full access to insured financing and the sliding-scale minimum. Worth knowing: an insured mortgage is typically priced better than an uninsured one at the same loan-to-value, so putting down exactly 20% is not automatically the cheaper choice. It is genuinely worth pricing 19.99% down against 20% down before deciding — the answer surprises people.
Read the full Whitby area guide, compare it with the wider GTA market, or run your numbers and start an application.
Buying in Whitby?
Get a real pre-approval before you shop — it's the difference between a budget and a guess.