As the slower summer homebuying season got underway, competition for Durham Region homes eased, pushing more neighbourhoods back into underbidding territory.
In June, 5 per cent of Durham Region neighbourhoods saw homes sell above asking, down from 10 per cent in May. Meanwhile, the share of neighbourhoods in underbidding territory rose slightly to 91 per cent, from 88 per cent the previous month. Another 5 per cent saw homes sell at the listed price, compared with 2 per cent in May.
Durham Region’s shift toward underbidding reflects a broader trend across the Greater Toronto Area, where bidding competition fell to a multi-year low in June. Across the GTA, 92 per cent of neighbourhoods saw homes sell below asking, while 6 per cent were in overbidding territory, both largely unchanged from May. Just 1 per cent of neighbourhoods saw homes sell at the listed price, also consistent with the previous month.
The Top-2 Overbidding Neighbourhoods in June 2026
Excluding neighbourhoods with fewer than five sales, only two neighbourhoods saw overbidding in June, with a median overbid amount ranging from $7,807 to $10,000.
The Top-5 Underbidding Neighbourhoods in June 2026
Three of the five most underbid neighbourhoods in Durham Region were in Whitby, with two located in Pickering and Clarington. Among the top five, the median underbid ranged from $29,950 to $81,000 below asking.
Generally speaking, the top underbidding neighbourhoods in the Durham Region tend to be more expensive neighbourhoods.
Methodology: 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 June, there were 43 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 combining tech and market data with expert realtors.
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