A new housing report shows that home prices in Whitby, Ontario, have softened as the market enters 2026, offering more opportunities for buyers in the downtown area. According to Zolo, the average sold price for all home types in Whitby is about $980,000 — roughly 6% lower than in January 2025. This change follows a slow end to 2025, when many buyers largely stayed on the sidelines.
The price drop is most noticeable for buyers of smaller homes such as condos and townhouses in Downtown Whitby’s Four Corners area. Around new developments like Station No. 3, condo median prices fell about 11.8% year-over-year, bringing the median price for a condo to roughly $574,450. That shift is creating more entry-level opportunities for people who had been priced out of the detached market.
A recent update from Wahi shows increased listings and data consistent with a move toward a more balanced market — meaning neither buyers nor sellers have a clear advantage. Sellers are also seeing longer selling times in some segments. Separately, an industry survey reported nationally that 67.8% of agents expected sales to improve in the first quarter of 2026, suggesting some optimism among brokers for the months ahead.
Industry commentators — and Zolo’s report — describe 2026 as likely to be a year of ‘normalization.’ A Mortgage Sandbox forecast likewise suggests that, as buyers and sellers adjust to current mortgage rates, more homeowners may decide to list properties, which would increase supply and give local residents more options when shopping for a home.
