May 2025 brought renewed energy into the real estate market across Durham Region, Northumberland County, and the East GTA. As interest rates hold and inventory builds, buyers are regaining leverage and sellers are adjusting to a more balanced playing field.

At Team Prata Real Estate, we’ve been watching closely and helping our clients move strategically through what’s becoming a more opportunity-rich landscape.

GTA Market Overview: Signs of Balance Emerging

The Greater Toronto Area saw 6,244 home sales in May, down 13.3% compared to last year. But what’s behind that number matters more: buyers aren’t gone they’re being smart.

With over 21,800 new listings hitting the market (a 14% jump year-over-year), choice has returned. The average selling price settled at $1,120,879, a modest 4% drop compared to May 2024. Meanwhile, the MLS® Home Price Index slipped by 4.5%.

This isn’t a downturn. It’s a recalibration. And smart buyers are stepping in especially with two consecutive months of sales growth.

Durham Region Snapshot: Smart Sellers Are Winning

In Durham, the story is one of movement and motivation. Listings and sales both climbed in May, with buyers particularly active in Clarington and Whitby. Homes priced right and marketed well are still moving quickly.

Durham Market Stats – May 2025:

• Average Sale Price: $905,702 (down 0.85% from April)

• Average Days on Market: 18 (down from 19)

• Sales: 850 (up 10.5%)

• New Listings: 2,461 (up 15.3%)

Let’s break it down by area:

Whitby

• Average Price: $962,053 (up 2.2%)

• Sales: 172 (up 16.2%)

• New Listings: 506 (up 25.6%)

Clarington

• Average Price: $837,758 (down 2.1%)

• Sales: 145 (up 27.2%)

• New Listings: 432 (up 22.4%)

Oshawa

• Average Price: $781,748 (down 1.9%)

• Sales: 216 (up 5.9%)

• New Listings: 612 (up 11.3%)

Pickering

• Average Price: $991,759 (down 2.5%)

• Sales: 125 (up 7.8%)

• New Listings: 371 (up 5.1%)

Ajax

• Average Price: $895,804 (down 5.3%)

• Sales: 123 (up 2.5%)

• New Listings: 300 (up 3.8%)

What’s Fueling the Shift?

Inventory Surge
More listings mean more options for buyers, and that’s shifting negotiating power away from sellers who try to overprice.

Buyer Re-engagement
The past two months saw steady growth in sales. Serious buyers are starting to jump back in, sensing opportunity.

Affordability Improvement
Prices are easing gently while interest rates remain stable. It’s a window of time buyers have been waiting for.

Cautious Optimism
Economic factors are still playing a role, but confidence is quietly growing especially in family-friendly communities outside the downtown core.

What This Means for You

If You’re Buying:
Now’s your moment. More listings, less competition, and sellers open to negotiation make this a prime time to act especially in Durham and Clarington, where inventory is building fast.

If You’re Selling:
Presentation matters. Homes that show well, are priced right, and supported by modern marketing are still commanding attention. If you're thinking of selling, the summer window may be your best chance to capture active buyers before fall.

Final Word from Team Prata

At Team Prata Real Estate, we’ve helped families and investors navigate both rising and falling markets across the Durham Region, Northumberland County, and East GTA. Backed by AI-powered marketing, deep local roots, and a commitment to client-first service, we’re here to help you move with clarity and confidence.

Thinking of buying or selling this summer?
Let’s talk strategy. Connect with Mark and Lorraine at TeamPrata.com today.