Ajax market report · May 2026
Ajax housing market: May 2026
Ajax housing market in May 2026: $838,788 average sale price (down 6.4% year over year), 128 homes sold, 2.9 months of supply — a balanced market. Figures from the Toronto Regional Real Estate Board.
What happened in Ajax in May 2026
Ajax recorded 128 sales in May 2026, 4.1% more than the same month a year earlier. Sellers brought 237 new listings to market, leaving 270 properties in inventory — 17.2% less than a year ago. At the month's pace of sales that is 2.9 months of supply, which puts Ajax in a balanced market. 45% of the month's new listings sold.
The average sale price across all property types was $838,788, down 6.4% year over year and down 5.3% on the month. Detached homes averaged $938,220 against $461,950 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 May 2026
By property type
| Type | Average sale price | YoY | Sold | New listings | Inventory |
|---|---|---|---|---|---|
| Detached | $938,220 | -4.4% | 75 | 158 | 175 |
| Semi-detached | $775,667 | -8.3% | 9 | 13 | 16 |
| Row / townhouse | $744,865 | -9.1% | 26 | 31 | 39 |
| Apartment | $461,950 | -18.5% | 4 | 12 | 18 |
| All types | $838,788 | -6.4% | 128 | 237 | 270 |
Source: the Toronto Regional Real Estate Board, Ajax, May 2026.
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.