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How competitive is the Ontario housing market?

P

Primpted Housing Analyst

Updated monthly · Data through May 2026 · v265

Data-backed
Sold Score
53/100
YoY Fair Chance of Selling
Pending ratio
0.46
YoY contracts vs active
Inventory YoY
-0.1%
YoY active listings
Median DOM
53
YoY days on market
Price cuts
36.6%
YoY of active listings
Ontario is moderately competitive as of May 2026, with a Sold Score of 53/100 (Fair Chance of Selling). **Pending ratio** is 0.46 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is -6.1% — fewer choices for buyers than a year ago. **Median days on market** is 53. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 36.6% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 53/100 (Fair Chance of Selling) · Pending ratio: 0.46 · Inventory YoY: -6.1% · Median days on market: 53 · Sellers cutting price: 36.6% · Median listing price: $422,000 (-3.2% YoY)

Ontario snapshot

As of the latest 2026 data
Median listing
$422K
YoY -0.0%
Active inventory
212
YoY -0.0%
Median DOM
55
YoY -0.0%
Pending ratio
0.35
YoY -0.0%
Price-reduced
25.6%
YoY -0.1%

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