Ajax market report · February 2025
Ajax housing market: February 2025
Ajax housing market in February 2025: $976,286 average sale price (up 0.6% year over year), 71 homes sold, 2.2 months of supply — a balanced market. Figures from the Toronto Regional Real Estate Board.
What happened in Ajax in February 2025
Ajax recorded 71 sales in February 2025, 12.3% fewer than the same month a year earlier. Sellers brought 155 new listings to market, leaving 191 properties in inventory — 92.9% more than a year ago. At the month's pace of sales that is 2.2 months of supply, which puts Ajax in a balanced market. 48% of the month's new listings sold.
The average sale price across all property types was $976,286, up 0.6% year over year and up 6.7% on the month. Detached homes averaged $1,070,438 against $551,833 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 February 2025
By property type
| Type | Average sale price | YoY | Sold | New listings | Inventory |
|---|---|---|---|---|---|
| Detached | $1,070,438 | -2.7% | 50 | 95 | 106 |
| Semi-detached | $900,100 | +3.0% | 5 | 13 | 13 |
| Row / townhouse | $823,815 | -3.6% | 6 | 24 | 39 |
| Apartment | $551,833 | -2.2% | 6 | 12 | 15 |
| All types | $976,286 | +0.6% | 71 | 155 | 191 |
Source: the Toronto Regional Real Estate Board, Ajax, February 2025.
What this means if you're buying in Ajax
Market conditions shape the negotiation; your income, debts and the stress test decide what you can actually borrow. In a market this tight the practical risk is being pushed to write without a financing condition. That is a genuine gamble — if the appraisal comes in low or an underwriter questions something, the deposit is at stake. The way to compete safely is to have the file fully underwritten in advance, so a short condition is a formality rather than a hope. A pre-approval that is just a rate hold does not achieve this; a properly underwritten one does.
Read the full Ajax area guide, compare it with the wider GTA market, or run your numbers and start an application.
Buying in Ajax?
Get a real pre-approval before you shop — it's the difference between a budget and a guess.