The Opportunity in Price Reductions
As of late March 2026, 2,531 active listings across Ontario have reduced their asking price — a signal that some sellers are adjusting to market realities.
Where to Look
- Barrie (39 days avg DOM, 9.3% over-asking) — The slowest market, meaning more room for negotiation.
- Hamilton (40 days avg DOM, 11.0% over-asking) — Similar dynamics with infrastructure advantage.
- Vaughan (34 days avg DOM, 11.2% over-asking) — Premium location with balanced conditions.
Markets to Avoid If You Want a Deal
- Ajax — 29.9% of sales close over asking. Expect competition.
- Whitby — 26.5% over-asking with just 24-day average DOM.
- Pickering — 22.1% over-asking. GO-transit-accessible hot spot.
How to Act on Price Reductions
- Set up alerts — filter by price-reduced listings.
- Look at DOM — listings 45+ days have the most negotiation room.
- Check the history — our Price History tab shows every price change.
- Move quickly on good deals — other buyers are watching too.
Data sourced from MLS® listings as of March 22, 2026. All information should be independently verified.