While most Ontarians are focused on festive markets and holiday shopping, a small group of savvy home seekers is quietly securing some of the best real estate deals of the year. In the Durham Region and across the Kawartha Lakes, December often brings a unique window of opportunity that the frantic spring market simply cannot match.
If you’ve been on the fence about your next move, here is why the "most wonderful time of the year" might actually be the smartest time to buy.
Statistical trends in Ontario’s eastern corridor show a distinct seasonal shift as we approach the New Year. In Durham, while average prices often remain stable, the days on market (DOM) typically trend upward. Properties that haven't sold by mid-December often see price adjustments as sellers look to "clear the books" before the calendar flips.
In the Kawartha Lakes, inventory levels usually dip by 15% to 35% in December. While this means fewer homes to choose from, it also means a massive drop in buyer competition. With fewer people attending open houses, the likelihood of a stressful bidding war in neighbourhoods like North Oshawa or Lindsay is significantly lower, giving you more room to negotiate.
Understanding the "why" behind a holiday listing is your greatest asset. Homeowners who keep their properties active during December generally fall into three categories:
Relocation: They have a new job starting in January and must sell now.
Financial Strategy: They are looking to close before December 31st to leverage specific year-end tax advantages.
Expired Patience: After a long autumn on the market, these sellers are often more flexible with their asking price and closing conditions just to find peace of mind for the holidays.
For a buyer, this translates to a motivated audience. You aren't just a number in a stack of offers; you are the solution to their year-end deadline.
One of the best reasons to shop in the winter is that you see a house in its most vulnerable state. In the Kawartha Lakes, where lakefront properties and rural estates are common, a December showing is a "stress test" for the home:
Drafts & Insulation: You’ll instantly know if the windows are energy-efficient or if the house feels chilly.
Heating Systems: You get to hear the furnace in action and ensure it’s up to the task of a Canadian winter.
Roofing & Drainage: You can see how the property handles snow load and ice, which is impossible to judge during a sunny July viewing.
Pro Tip: Look past the festive armour of holiday lights and tinsel. While a decorated home feels cozy, ensure you are still checking the "bones" of the property.
Buying in December allows you to beat the "January Surge." Every year, a wave of new buyers enters the market on January 2nd with "buy a home" as their top resolution. By securing a deal now, you avoid the spike in competition and the potential price increases that follow.
Imagine celebrating New Year’s Eve knowing your move is already secured, while the rest of the market is just beginning their search.
Less Competition: You can avoid bidding wars and high-pressure scenarios that drive prices up.
Negotiation Power: Sellers are often more flexible with closing dates and prices to ensure a sale before year-end.
Transaction Speed: Lenders, inspectors, and lawyers are often eager to clear their files before the holidays, potentially leading to a smoother process.
Real Conditions: You have the opportunity to test the home’s actual winter performance before you commit to the purchase.