Oshawa Real Estate Market Snapshot December 2024
Oshawa Real Estate Market Snapshot Dec 2024
Today, we’re spotlighting the City of Oshawa with a fresh look at the past 30 days. Let’s see what’s happening in the market!
Let’s start with single-family homes. Prices have dipped, but homes are selling faster—now averaging 40 days on the market. The current average sale price is $652,000.
Now, onto condos. Sales are on the rise, and they’re moving quicker too—averaging just 46 days on the market. The average price? $366,000.
Thinking about buying or selling in Oshawa? Our expert team at https://lifestylevideos.com to help you achieve your real estate goals. Reach out today and take the first step toward your dream lifestyle!
Why Move to Oshawa, Ontario?
Oshawa, located along the shores of Lake Ontario, offers a balanced lifestyle with access to urban amenities and natural beauty. This city in Durham Region is a growing hub for families, professionals, and retirees seeking affordable living, excellent services, and diverse opportunities. Here’s everything you need to know about Oshawa real estate and why it’s worth your attention.
Affordable Housing Options
Oshawa’s housing market provides affordability compared to nearby cities like Toronto. Whether you’re looking for a single-family home, a modern condo, or a townhouse, Oshawa real estate offers options to match different budgets.
According to recent market data, the average price for single-family homes is $652,000. Condos average around $366,000, making them attractive for first-time buyers and investors. The diversity in home types ensures you find a property that meets your needs.
Explore current Oshawa listings here.
Prime Location
Oshawa’s proximity to Toronto is a significant advantage. Located about 60 kilometers east of downtown Toronto, the city is well-connected by Highway 401, GO Transit, and VIA Rail. This makes commuting manageable for those working in the Greater Toronto Area (GTA).
Living in Oshawa gives you access to urban conveniences while avoiding the high living costs associated with larger cities.
Strong Educational Institutions
Families will appreciate Oshawa’s focus on education. The city is home to Durham College and Ontario Tech University, offering top-tier programs that attract students from across Canada. These institutions contribute to a vibrant and youthful community.
For younger students, Oshawa provides a variety of public and private schools. To learn more about local schools, visit the Durham District School Board or Durham Catholic District School Board.
Employment Opportunities
Oshawa’s economy is diverse and growing. The city has long been associated with the automotive industry, with General Motors Canada as a key employer. Today, Oshawa’s job market is expanding into healthcare, education, and technology sectors.
Lakeridge Health and Ontario Tech University are among the top employers driving local growth. This expanding economy makes Oshawa a promising place for career advancement.
Access to Recreation and Nature
Oshawa’s waterfront is a standout feature. Lakeview Park provides a picturesque setting for outdoor activities like walking, cycling, and picnicking. Families can enjoy playgrounds, sports fields, and a marina.
The Oshawa Valley Botanical Gardens and trails such as the Waterfront Trail offer opportunities to stay active while enjoying nature.
If you’re a sports enthusiast, the Tribute Communities Centre hosts hockey games and concerts, creating entertainment for residents year-round.
Thriving Cultural Scene
Oshawa has a rich cultural history and vibrant arts community. The Canadian Automotive Museum reflects the city’s automotive legacy, while Parkwood National Historic Site offers a glimpse into early 20th-century life.
The Robert McLaughlin Gallery is a hub for contemporary art lovers. These attractions make Oshawa an engaging place for residents and visitors alike.
Why Invest in Oshawa Real Estate?
Oshawa’s population is growing steadily, making it an attractive market for homebuyers and investors. With increasing demand and comparatively lower prices than surrounding cities, purchasing property in Oshawa is a strategic move.
For more details about Oshawa’s real estate market trends, visit Durham Region Association of Realtors.
Your Next Steps
Oshawa offers something for everyone—affordable housing, job opportunities, quality schools, and access to recreation. Whether you’re planning to buy your first home, upgrade, or invest, Oshawa is worth considering.
Explore Oshawa’s neighborhoods and see why this city could be the right fit for your next move. Visit Lifestyle Videos to learn more about Oshawa real estate opportunities and start your journey to finding the perfect home.
Oshawa Real Estate Market Snapshot Dec 2024
