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Durham sees modest rise in overbid neighbourhoods

Benjy Katchen

The share of neighbourhoods in Durham Region where homes sold above asking edged up to 7 per cent in January, from 4 per cent in December.

Meanwhile, communities in underbidding territory declined modestly, falling from 97 per cent to 93 per cent. No neighbourhoods reported homes selling at list price unchanged from the previous month.

The modest increase in overbidding across Durham Region

reflects a broader shift underway in the Greater Toronto Area (GTA), where more neighbourhoods have moved into competitive territory. In January, 16 per cent of GTA neighbourhoods were in overbidding territory, while 82 per cent continued to see homes sell below asking.

Two Neighbourhoods Overbid in January 2026

Excluding neighbourhoods with fewer than five sales, two of the 30 neighbourhoods in Durham Audley, Ajax and Taunton, Oshawa had homes selling above list price last month. The neighbourhoods had a median sold price of $786,000 and $995,000 and an overbid amount of $14,500 and $10,100, respectively.

The Top-5 Underbidding Neighbourhoods in January 2026
The five most underbid neighbourhoods were spread across the region. Hermitage Park, Ajax, took first place with a median sold price of $1,150,000 and a median underbid amount of $67,000.

Generally speaking, the top underbidding neighbourhoods in the Durham Region tend to be more expensive, while the top overbidding neighbourhoods have comparatively lower list prices.

At the end of each month, Wahi compares the differences between the median list and sold prices to determine whether neighbourhoods are in overbidding or underbidding territory, excluding those neighbourhoods with fewer than five transactions in a given month. In January, there were 30 Durham neighbourhoods where there were at least five home sales. The top overbidding and underbidding neighbourhoods are ranked by the median overbid or underbid amount. The median overbid and underbid amounts are calculated by subtracting the list price from the sold price of each individual listing in a given neighbourhood. These are then ranked by the median of all subtractions and presented as the median overbid or underbid amount.

Note: Benjy Katchen is the CEO of Wahi, a digital real estate company that redefines the homebuying experience by putting more power into consumers’ hands. By combining cutting-edge tech and market data with expert realtors, Wahi offers unmatched access to insights, tools and the team that makes buying a home faster and easier.

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