At Team Prata, we're committed to keeping you informed about the ever-evolving Durham Region housing market. Each month, we break down the latest data, trends, and what it all means for you—whether you're a buyer, seller, or homeowner.

Here’s a snapshot of what happened in March 2025:

Key Market Highlights – March 2025

Average Home Price
The average sale price across all home types in Durham Region reached $906,615. This reflects a slight increase from February, but a 3.2 percent decrease compared to March 2024.

Sales Activity
There were 779 home sales recorded this March. That’s down from 877 in February, but slightly higher than the 770 sales recorded in March 2024.

New Listings
Buyers now have more options, with a 19 percent year-to-date increase in new listings across the region.

Active Listings
At the end of March, there were 2,281 active listings, showing continued growth in available inventory.

Sales-to-New-Listings Ratio
Sitting at 38.5 percent, this ratio signals a shift toward a more balanced market—and possibly even a buyer’s market.

Months of Inventory
Durham currently has about 2.9 months of inventory, moving away from the extreme seller’s market we’ve seen in the past.

Days on Market
Homes are now spending an average of 19 days on the market, up from 15 days in February. This slight increase indicates a decrease in buyer urgency.

Sale-to-List Price Ratio
Homes are selling at 101 percent of list price, down from 103 percent last month. Bidding wars are becoming less common, and homes are selling closer to their asking prices.

What Does This Mean for You?

Buyers
This is a good time to explore your options. With more homes on the market and less competition, you’ll have the ability to make more thoughtful decisions—and even include conditions like financing or inspections in your offers.

Sellers
The market is still active, but expectations need to shift. Strategic pricing, great presentation (think staging and minor updates), and a bit of patience will go a long way in attracting serious buyers.

Homeowners
Even if you're not planning to move, understanding these market shifts is valuable. Staying informed helps you track your home’s value and make smarter decisions about future investments or real estate moves.

Looking Ahead

With interest rates expected to decline and extended amortization rules (up to 30 years) coming into play, experts anticipate renewed buyer activity later this year—especially for entry-level homes. However, the market can shift quickly based on economic trends or government policy changes.

Staying connected to trusted real estate professionals (like us) ensures you’re always prepared for what’s next.

In Summary

The Durham Region market in March 2025 is marked by rising inventory, stabilizing prices, and a noticeable transition toward balance. Whether you're thinking of buying, selling, or just keeping an eye on the market, understanding these trends can help you make more confident decisions.

If you’d like personalized advice based on your unique situation, we’re always here to help.

Curious What Your Home Is Worth in Today’s Market?
With the Durham Region shifting toward a more balanced landscape, now is the perfect time to understand your options.

Whether you're planning to move soon or just want to know where you stand, we offer free, no-obligation home evaluations and personalized buyer consultations to help you make confident, informed decisions.

Get expert advice tailored to your goals — no pressure, just value.

 Visit teamprata.com to book your free consultation

Team Prata Real Estate – Trusted. Local. Focused on You.