Let's Talk

Get in touch

Buying, Selling, or Investing? just have some questions? Just ask! We're here to help.

Contact Agent
Agent Photo

Office: 905.240.9202

Real Estate Agent in Whitby—A Guide to Finding Home


Whitby Real Estate Agent Fanis Makrigiannis

Real Estate Agent in Whitby—Your Guide to Finding the Perfect Home


Whitby is booming! With a population that nearly doubled in the last 20 years and an ever-growing demand for housing, this town has become one of the most sought-after real estate markets in the Durham Region. Whether you're a first-time buyer, an investor, or looking to upgrade, now is the time to explore home listings in Whitby.

But with all this growth, many are asking: Are real estate prices coming down in Durham Region? Let’s dive into the current market trends, what’s driving prices, and how you can make the best real estate decisions with the help of a Real Estate Agent in Whitby.

Are Real Estate Prices Coming Down in Durham Region?


The short answer? 

Not significantly—but the market is shifting.

After years of rapid price increases, the Durham Region real estate market has entered a more balanced phase. While we’re no longer seeing the dramatic bidding wars of previous years, prices aren’t plummeting either. Instead, we’re seeing a period of stabilization, where buyers have more negotiating power, but sellers still see strong returns.

Here’s what’s happening:

1. Prices Have Moderated, Not Collapsed

While prices have come down slightly from their record highs, they remain well above pre-pandemic levels. The market has adjusted from the unsustainable spikes of 2021–2022, but Whitby and the rest of Durham Region are still highly desirable.

According to recent market data, the average home price in Durham has dropped by a modest percentage compared to its peak, but this isn’t a crash—it’s a healthy correction. Home values in areas like Whitby, Oshawa, and Pickering continue to hold steady due to high demand and a limited supply of quality properties.

Whitby Real Estate Agent Fanis Makrigiannis RE/MAX

"Finding the right home isn’t luck—it’s strategy, knowledge, and care."

—Fanis Makrigiannis Realtor® RE/MAX Rouge River Realty Ltd.
2. Interest Rates Are Impacting Affordability

Higher mortgage rates have reduced some buyers’ purchasing power, leading to fewer transactions overall. This has slowed price growth, but it hasn’t caused dramatic declines in value. Instead, sellers are adjusting their expectations, and homes are sitting on the market slightly longer than before.

For buyers, this means:

✅ More opportunities to negotiate on price and conditions.
✅ A slight dip in competition—fewer bidding wars.
✅ More time to make informed decisions rather than rushing into a purchase.

For sellers, this means:

✅ Pricing strategically is more important than ever.
✅ Well-presented, move-in-ready homes are still selling quickly.
✅ Working with a Real Estate Agent in Whitby can help position your home effectively.

3. Supply is Still Tight in Key Areas

One of the biggest reasons home listings in Whitby and Durham Region haven’t seen major price drops is the ongoing housing shortage. Demand for housing is still high, especially in commuter-friendly areas like Whitby, which offer more affordability than Toronto while still providing easy access to the city.

Developers are building, but not fast enough to meet demand. This means that while some homes may take longer to sell, well-priced properties in desirable locations continue to attract buyers.

4. Toronto Buyers Are Keeping the Market Strong

Many homebuyers leaving Toronto are looking east to Whitby and Durham Region for more space and better value. This steady flow of new residents helps keep the market resilient, preventing dramatic price drops even during slow periods.

5. The Long-Term Outlook: Strong & Stable

If you’re wondering whether now is the right time to buy or sell, the answer depends on your goals. Prices may not be skyrocketing, but real estate in Durham Region remains a solid investment.

For Buyers: This is a great time to enter the market with more negotiating power and less pressure to make rushed decisions.

For Sellers: Homes that are well-maintained and priced competitively are still selling. While it may take slightly longer, the demand is still there.

Final Verdict: A Market for Smart Buyers & Sellers

Real estate in Durham Region isn’t crashing—it’s adjusting. Prices have softened in some areas, but demand remains strong. If you’re thinking about buying or selling, working with an experienced Real Estate Agent in Whitby can help you navigate these market shifts and make the most of current opportunities.

1. Family-Friendly Communities

With over 50 top-rated schools, 125 parks, and 60 km of walking trails, Whitby is built for families. Safe neighbourhoods, strong community ties, and plenty of recreational activities make it an ideal place to raise kids.

2. Luxury & Waterfront Living

Dreaming of a lakeside home? Whitby has stunning waterfront properties with breathtaking views. Prefer a gated estate? The town’s northern suburbs offer expansive homes on private lots.

3. Condo & Townhome Options

Not everyone wants to maintain a large home. Condos and townhomes in Whitby provide modern, low-maintenance living with amenities like fitness centers, indoor pools, and private balconies.

4. Investment Potential

As Whitby continues to grow, real estate values remain strong. Whether you’re buying to rent or planning a long-term investment, property here is a smart choice.
Why Work with a Real Estate Agent in Whitby?

Buying or selling a home isn’t just about finding the right property—it’s about getting the best deal and making smart moves in a competitive market. That’s where I come in!

Real Estate Agent Whitby Home Listings Fanis Makrigiannis

Here’s how working with a Real Estate Agent in Whitby benefits you:


🔹 Market Expertise: I know this market inside and out. I’ll help you spot great deals, avoid overpriced homes, and navigate changing trends.

🔹 Negotiation Power: Whether you’re buying or selling, I work to get you the best possible price. From offer strategy to closing deals, I’m in your corner.

🔹 Local Network: Need a trusted mortgage broker, home inspector, or moving service? I have the connections to make your transition seamless.

🔹 Stress-Free Process: Let’s face it—real estate transactions can be overwhelming. I handle the details so you can focus on your future home.

Ready to Explore Home Listings in Whitby?

Whether you’re looking to buy, sell, or invest, having the right guidance makes all the difference. The Whitby market is full of opportunity, but navigating it alone can be a challenge. Let’s work together to find the perfect home or maximize the value of your property.

Contact me personally to learn more.

About the author:


Fanis Makrigiannis Realtor® Re/Max Rouge River Realty

Fanis Makrigiannis is a trusted Realtor® with RE/MAX Rouge River Realty Ltd., specializing in buying, selling, and leasing homes, condos, and investment properties. Known for his professionalism, market expertise, and personal approach, Fanis is committed to making every real estate journey seamless and rewarding.

He understands that each transaction represents a significant milestone and works tirelessly to deliver outstanding results. With strong negotiation skills and a deep understanding of market trends, Fanis builds lasting client relationships rooted in trust and satisfaction.

Thank you!

Fanis Makrigiannis
Realtor®
RE/MAX Rouge River Realty LTD
(c): 905.449.4166
(e): info@fanis.ca

Related Articles:


Real Estate Agent Fanis Makrigiannis—Future Resale Value


In his article "Real Estate Services—Future Resale Value," Fanis Makrigiannis emphasizes the importance of understanding factors that influence a property's future resale value. He highlights key considerations such as location, market trends, and property condition. Fanis Makrigiannis notes that properties in desirable areas with good schools and amenities tend to be appreciated more. 

Staying informed about local and national real estate trends can help buyers anticipate value changes, and maintaining or upgrading a home's condition can enhance its appeal in a competitive market. He also references data from RE/MAX Canada's Housing Market Outlook, indicating a 2.2% decrease in average sale prices in Durham Region from 2023 to 2024, with projections for a 5% increase in 2025, suggesting a shift toward a balanced market.

Fanis Makrigiannis Realtor®—Free Home Evaluation Service

Read more

Fanis Makrigiannis, a Realtor® with RE/MAX Rouge River Realty Ltd., offers a complimentary home evaluation service to help homeowners determine their property's current market value. This no-obligation assessment analyzes market trends, recent comparable sales, and active listings to provide an accurate and insightful report. Whether you're considering selling, refinancing, or simply curious about your home's market potential, 

Fanis provides personalized expertise to guide you through the process. Serving areas including Toronto, Pickering, Ajax, Whitby, Oshawa, Clarington, and surrounding regions, he emphasizes building lasting relationships with clients. Fill out the form on his website to request your free home evaluation.

Instagram post: Living in Oshawa



"Proudly serving the City of Toronto, Pickering, Ajax, Whitby, Oshawa, Clarington, Scugog, Brock, Bowmanville, Port Perry, Courtice, Hastings, Prince Edward, Northumberland, Peterborough, and the Kawartha Lakes"