Whitby market report · November 2024
Whitby housing market: November 2024
Whitby housing market in November 2024: $972,558 average sale price (up 2.4% year over year), 137 homes sold, 1.9 months of supply — a seller's market. Figures from the Toronto Regional Real Estate Board.
What happened in Whitby in November 2024
Whitby recorded 137 sales in November 2024, 26.9% more than the same month a year earlier. Sellers brought 219 new listings to market, leaving 310 properties in inventory — 28.6% 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 $972,558, up 2.4% year over year and up 0.5% on the month. Detached homes averaged $1,089,895 against $589,214 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 November 2024
By property type
| Type | Average sale price | YoY | Sold | New listings | Inventory |
|---|---|---|---|---|---|
| Detached | $1,089,895 | +5.0% | 82 | 141 | 197 |
| Semi-detached | $909,000 | +19.1% | 9 | 12 | 13 |
| Row / townhouse | $820,862 | -2.5% | 29 | 43 | 55 |
| Apartment | $589,214 | -17.2% | 7 | 14 | 28 |
| All types | $972,558 | +2.4% | 137 | 219 | 310 |
Source: the Toronto Regional Real Estate Board, Whitby, November 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.