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Most Competitive Real Estate Markets in Ontario

Ontario cities where homes sell fastest and closest to (or above) asking price.

#CityRegionMedian PriceAvg DOMActiveSold (12 mo)
1WhitbyDurham Region$870K25 days4131,478
2Thunder BayNorthern Ontario$410K25 days207337
3AjaxDurham Region$840K26 days2971,003
4North BayNorthern Ontario$430K27 days137677
5OshawaDurham Region$679K29 days6851,858
6PickeringDurham Region$860K29 days4051,234
7NewmarketYork Region$925K30 days321833
8Sault Ste. MarieNorthern Ontario$345K30 days1611
9KitchenerWaterloo Region$668K31 days7271,870
10CambridgeWaterloo Region$675K31 days4251,198
11BramptonGreater Toronto Area$839K32 days1,8764,631
12MiltonHalton Region$920K32 days5021,453
13PetawawaEastern Ontario$520K32 days34333
14SarniaSouthwestern Ontario$400K32 days4975
15TorontoGreater Toronto Area$825K33 days9,81423,401

Methodology

Ranked by speed of sales (inverse of average days on market). Markets where homes sell fastest are the most competitive, typically characterized by multiple offers and sales above asking price.

Data source: MLS listing data aggregated by REintel. Updated every 30 minutes via ISR. Rankings are recalculated hourly.

Frequently Asked Questions

What are the most competitive real estate markets?
Based on current MLS data, Whitby ranks #1. Whitby has a median price of $870K with 413 active listings.
How are these rankings calculated?
Ranked by speed of sales (inverse of average days on market). Markets where homes sell fastest are the most competitive, typically characterized by multiple offers and sales above asking price.

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