Whitby market report · December 2024
Whitby housing market: December 2024
Whitby housing market in December 2024: $1,107,785 average sale price (up 18.0% year over year), 84 homes sold, 1.9 months of supply — a seller's market. Figures from the Toronto Regional Real Estate Board.
What happened in Whitby in December 2024
Whitby recorded 84 sales in December 2024, 3.4% fewer than the same month a year earlier. Sellers brought 81 new listings to market, leaving 214 properties in inventory — 59.7% 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 $1,107,785, up 18.0% year over year and up 13.9% on the month. Detached homes averaged $1,238,693 against $759,950 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 December 2024
By property type
| Type | Average sale price | YoY | Sold | New listings | Inventory |
|---|---|---|---|---|---|
| Detached | $1,238,693 | +13.5% | 58 | 52 | 124 |
| Semi-detached | $868,002 | -7.9% | 4 | 4 | 9 |
| Row / townhouse | $831,181 | +2.4% | 16 | 17 | 43 |
| Apartment | $759,950 | +40.3% | 2 | 4 | 26 |
| All types | $1,107,785 | +18.0% | 84 | 81 | 214 |
Source: the Toronto Regional Real Estate Board, Whitby, December 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.