When we compare the sales trends from the pandemic years with what we are seeing most recently, the difference is hard to miss. Interest rates have been one of the biggest drivers behind this shift. During the pandemic, rates sat at historic low levels, giving buyers more room in their budgets and helping fuel strong buying activity. Currently, however, interest rates have cooled from their recent highs, but they remain higher than the pandemic lows, which is why many buyers are still holding back. The same pattern shows up in active listings. During the pandemic, inventory stayed fairly tight because low rates and strong demand helped homes get absorbed quickly. Fast forward to now, and sales are slower relative to supply, resulting in a higher level of inventory in the market.
Buyer activity was steady, and monthly property transactions were often in the range of 50 to 130 homes. At the same time, the number of active listings remained relatively tight, usually sitting between 150 and 330 homes.
Active listings climbed steadily and stayed higher for quite some time, giving buyers more homes to choose from. Meanwhile, sales settled into a more moderate range, with the transaction volumes generally ranging from 25 to 80 homes.
After a short pause during the early months of the pandemic, sales activity picked up quickly. Lower interest rates, remote work, and other changing lifestyle needs brought more buyers into the market. According to the Whitchurch-Stouffville housing market report, transactions mostly stayed between 70 and 135 homes during this stretch. Inventory levels were also higher, generally ranging from 200 to 440 active listings.
By the second half of 2022 and into early 2023, buyer activity cooled as interest rates climbed higher. Sales were usually between 30 and 70 transactions, well below the pace seen in 2021 and early 2022. Active listings remained moderate, mostly between 160 and 300 homes.
Sales activity slowly gained some ground, with transactions commonly ranging from 40 to 90 units. Meanwhile, active listings mostly stayed between 210 and 325 homes, which was lower than the higher supply levels seen in 2018 and 2019.
Inventory has expanded steadily across the market, with active listings often ranging from 250 to 515 homes. However, sales have stayed moderate, generally ranging from 30 to 65 transactions.
Absorption rates held mostly above 70% in most months and reached 90.48% in January 2017.
The absorption rate settled between 25% and 60%, pointing to a more balanced pace.
Absorption rates often pushed above 60%, with several months ranging between 75% and more than 90%.
In January and February 2022, sellers still appeared to have the upper hand, with absorption rates around 60%. After that, according to Whitchurch-Stouffville real estate trends, the market spent much of the next two years in more balanced territory.
From mid-2024 onward, absorption rates have been trending lower more consistently. With the market cooling, buyers likely have more room to negotiate, more time to review listings carefully, and less pressure to rush into a decision.
Source: Based on analysis of historical information made available from respective real estate boards.
Among houses for sale and all other property types, detached homes led the market with the strongest sales activity, recording 5,086 sales. They also posted the highest average sale price, at roughly $1.35M.
In the semi-detached category, 417 homes were sold at an average sale price of roughly $880.32K.
Freehold townhouses were the second most active property type after detached homes, with 1,253 sales and an average price of around $845.08K.
Out of townhouses in Whitchurch-Stouffville, condo townhouses recorded 225 sales, with an average sale price of $659.08K.
Condo apartments closed 348 sales, with the average price sitting at approximately $683.14K.
Home prices in Whitchurch-Stouffville climbed to some of their highest levels during the pandemic, as low interest rates brought more buyers into the market and pushed prices to their peak. After this pandemic upswing, however, the market has shifted into a correction and rebalancing phase, with conditions leaning more in favour of buyers. Right now, home prices in Whitchurch-Stouffville are down 10.41% year-over-year and 20.16% year-to-date, which makes it easier for buyers to stretch their budget further and consider homes that may have been out of reach before. And that’s not the only factor tipping the scales towards homebuyers. Homes are also taking longer to sell, giving buyers more room to negotiate and potentially secure a better deal. On top of that, the broader market is offering a few extra advantages, including the HST rebate on newly built homes and interest rates that have remained stable for months. Long story short, for buyers, this could really be a smart time to make a move before the market shifts again.
During this period, Whitchurch-Stouffville saw a strong upswing in housing demand and prices, supported by a healthy economy and low interest rates. Average sold prices were usually in the $700K to $950K range, and homes sold quickly, often within 10 to 30 days.
The market began to cool as the mortgage stress test, higher interest rates, and stricter lending rules made buyers more cautious. In most months, Whitchurch-Stouffville house prices sat between $650K and $800K. Homes also took longer to sell compared with the faster-paced market seen earlier.
As interest rates shifted lower, demand picked up, and prices climbed quickly again. Property prices increased from about $740K to over $1M, with a few months reaching above $1.1M and $1.2M. During this stretch, homes sold at a very fast pace, often within 6 to 30 days.
Buyer demand softened as higher interest rates and other factors put more pressure on affordability. Average prices mostly ranged from $900K to $1.05M, and homes also spent more time on the market compared with the previous phase.
Home prices generally stayed between about $950K and $1.18M, and properties typically sold within 15 to 40 days.
More recently, prices have softened, sitting between $880K and $1.10M. As of April 2026, the average price in the Whitchurch-Stouffville real estate market stands at $903.86K. Throughout this period, homes are also taking longer to sell, usually between 25 and 45 days.
As of April 2026, the average rent in Whitchurch-Stouffville is $2,357, 12.86% lower year-over-year and 17.79% year-to-date. This shift likely reflects the same correction and rebalancing seen across the broader Whitchurch-Stouffville housing market. However, when you zoom out, rental prices in this town are still 28.97% higher than they were ten years ago.
During this window, Whitchurch-Stouffville rent prices climbed steadily higher. Meanwhile, leasing activity remained fairly balanced, with most months seeing about 10 to 30 leased units.
Rental prices continued to trend upward, commonly ranging between roughly $1,900 and $2,500. Leasing activity also gained a little more momentum, with most months recording about 10 to 30 leased units.
In the early months of the pandemic, the rental market slowed down noticeably. During this time, the average rental prices ranged between about $2,050 and $2,500. However, by late 2020 and through 2021, the market began to regain momentum. Leasing activity returned to roughly 15 to 25 units in most months, while rents gradually climbed to nearly $2,900 by the end of 2021.
Average rents were mostly between $2,700 and $3,000, marking a clear jump from earlier years. Leasing activity also picked up, with most months seeing about 18 to 36 leased units.
Rental prices have stayed high across the market, with most months ranging from $2,600 to $3,200, though April 2026 showed a slight dip. At the same time, according to the latest Whitchurch-Stouffville Real Estate Market Trends, leasing activity has remained fairly steady overall, usually between 15 and 40 leased units.