Source: TRREB MarketWatch, March 2018

8 areas

Durham Region

March 2018

Headline indicators

All home types

Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.

$598,412

MoM +$7,008 +1.2% YoY −14.3%

Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.

$565,000

MoM −$1,000 −0.2% YoY −14.4%

MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.

—

MoM n/a YoY n/a

Sales — Firm transactions reported through the MLS® System during the month.

846

MoM +242 +40.1% YoY −37.3%

Dollar volume — Total value of all sales in the month.

$506.3M

MoM +$149,048,382 +41.7% YoY −46.2%

New listings — Properties newly listed during the month.

1,755

MoM +553 +46.0% YoY −2.5%

Active listings — Listings available at month end.

1,660

MoM +279 +20.2% YoY +144.5%

Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.

MoM −6 days −25.0% YoY +157.1%

Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.

99%

MoM +1.0 pp +1.0% YoY −13.9%

SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.

48.2%

MoM −2.0 pp −4.1% YoY −35.7%

Months of inventory — Active listings divided by monthly sales — how long the current stock would take to sell. Computed here, not TRREB’s trend figure.

2.0

MoM −0 −14.2% YoY +289.8%

Trend

13 months to March 2018

Average price

Durham Region average selling price over the 13 months ending March 2018.
Month	Average price
Mar '17	697896
Apr '17	702768
May '17	652963
Jun '17	615064
Jul '17	569748
Aug '17	587172
Sep '17	578666
Oct '17	575602
Nov '17	574901
Dec '17	575064
Jan '18	578645
Feb '18	591404
Mar '18	598412

Sales

Durham Region sales over the 13 months ending March 2018.
Month	Sales
Mar '17	1349
Apr '17	1485
May '17	1309
Jun '17	997
Jul '17	749
Aug '17	822
Sep '17	835
Oct '17	845
Nov '17	879
Dec '17	545
Jan '18	470
Feb '18	604
Mar '18	846

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	846	+242 +40.1% up 242, 40.1% versus February 2018	$598,412	+$7,008 +1.2% up $7,008, 1.2% versus February 2018	$565,000	48.2%	2.0
Detached	558	+163 +41.3% up 163, 41.3% versus February 2018	$660,216	+$3,246 +0.5% up $3,246, 0.5% versus February 2018	$620,000	43.7%	2.3
Semi-detached	62	+19 +44.2% up 19, 44.2% versus February 2018	$502,821	+$2,740 +0.5% up $2,740, 0.5% versus February 2018	$442,500	73.8%	0.9
Att/row/townhouse	102	+23 +29.1% up 23, 29.1% versus February 2018	$520,017	+$949 +0.2% up $949, 0.2% versus February 2018	$519,950	54.0%	1.5
Condo townhouse	40	+3 +8.1% up 3, 8.1% versus February 2018	$408,435	+$23,388 +6.1% up $23,388, 6.1% versus February 2018	$420,000	44.4%	1.9
Condo apartment	54	+19 +54.3% up 19, 54.3% versus February 2018	$407,871	+$44,968 +12.4% up $44,968, 12.4% versus February 2018	$355,495	78.3%	1.3
Link	29	+14 +93.3% up 14, 93.3% versus February 2018	$509,719	−$40,064 −7.3% down $40,064, 7.3% versus February 2018	$503,500	69.0%	1.1
Co-op apartment	0	no change no change versus February 2018	—	n/a not available, prior month not on file versus February 2018	—	—	—
Detached condo	1	+1 up 1 versus February 2018	$495,000	n/a not available, prior month not on file versus February 2018	$495,000	20.0%	4.0
Co-ownership apartment	0	no change no change versus February 2018	—	n/a not available, prior month not on file versus February 2018	—	—	—

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Brock +46.6% up 46.6%
Scugog +19.6% up 19.6%
Uxbridge +10.6% up 10.6%
Pickering +5.0% up 5.0%
Oshawa +2.5% up 2.5%

Bottom 5

Clarington −5.6% down 5.6%
Whitby −2.9% down 2.9%
Ajax +0.1% up 0.1%
Oshawa +2.5% up 2.5%
Pickering +5.0% up 5.0%

Sales, month-over-month

Top 5

Scugog +262.5% up 262.5%
Whitby +62.0% up 62.0%
Brock +41.7% up 41.7%
Oshawa +39.8% up 39.8%
Clarington +36.2% up 36.2%

Bottom 5

Uxbridge +15.0% up 15.0%
Ajax +22.5% up 22.5%
Pickering +25.6% up 25.6%
Clarington +36.2% up 36.2%
Oshawa +39.8% up 39.8%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$797,935

+$76,520 +10.6% up $76,520, 10.6% versus February 2018

Sales: 23
SP/LP: 96%
DOM: 30
SNLR: 44.2%

Full history →

Pickering focus

Pickering, Durham Region

$711,575

+$34,192 +5.0% up $34,192, 5.0% versus February 2018

Sales: 108
SP/LP: 98%
DOM: 19
SNLR: 48.4%

Full history →

Scugog focus

Scugog, Durham Region

$686,172

+$112,372 +19.6% up $112,372, 19.6% versus February 2018

Sales: 29
SP/LP: 95%
DOM: 41
SNLR: 55.8%

Full history →

Ajax focus

Ajax, Durham Region

$644,968

+$557 +0.1% up $557, 0.1% versus February 2018

Sales: 125
SP/LP: 100%
DOM: 15
SNLR: 51.6%

Full history →

Whitby focus

Whitby, Durham Region

$633,763

−$19,030 −2.9% down $19,030, 2.9% versus February 2018

Sales: 162
SP/LP: 99%
DOM: 17
SNLR: 46.5%

Full history →

Brock focus

Brock, Durham Region

$570,788

+$181,330 +46.6% up $181,330, 46.6% versus February 2018

Sales: 17
SP/LP: 96%
DOM: 25
SNLR: 40.5%

Full history →

Clarington focus

Clarington, Durham Region

$523,527

−$30,925 −5.6% down $30,925, 5.6% versus February 2018

Sales: 143
SP/LP: 100%
DOM: 15
SNLR: 44.4%

Full history →

Oshawa focus

Oshawa, Durham Region

$515,884

+$12,761 +2.5% up $12,761, 2.5% versus February 2018

Sales: 239
SP/LP: 99%
DOM: 16
SNLR: 50.4%

Full history →

All Durham Region areas

Home type

8 areas

Area	Sales	MoM	$ volume	Average	MoM	Median	New	Active	SP/LP	LDOM	PDOM	SNLR	MOI
Uxbridge focus Uxbridge, Durham Region	23	+3 +15.0% up 3, 15.0% versus February 2018	$18.4M	$797,935	+$76,520 +10.6% up $76,520, 10.6% versus February 2018	$740,000	52	92	96%	30	—	44.2%	4.0
Pickering focus Pickering, Durham Region	108	+22 +25.6% up 22, 25.6% versus February 2018	$76.9M	$711,575	+$34,192 +5.0% up $34,192, 5.0% versus February 2018	$684,500	223	236	98%	19	—	48.4%	2.2
Scugog focus Scugog, Durham Region	29	+21 +262.5% up 21, 262.5% versus February 2018	$19.9M	$686,172	+$112,372 +19.6% up $112,372, 19.6% versus February 2018	$570,000	52	63	95%	41	—	55.8%	2.2
Ajax focus Ajax, Durham Region	125	+23 +22.5% up 23, 22.5% versus February 2018	$80.6M	$644,968	+$557 +0.1% up $557, 0.1% versus February 2018	$630,000	242	212	100%	15	—	51.6%	1.7
Whitby focus Whitby, Durham Region	162	+62 +62.0% up 62, 62.0% versus February 2018	$102.7M	$633,763	−$19,030 −2.9% down $19,030, 2.9% versus February 2018	$606,500	348	292	99%	17	—	46.5%	1.8
Brock focus Brock, Durham Region	17	+5 +41.7% up 5, 41.7% versus February 2018	$9.7M	$570,788	+$181,330 +46.6% up $181,330, 46.6% versus February 2018	$510,000	42	59	96%	25	—	40.5%	3.5
Clarington focus Clarington, Durham Region	143	+38 +36.2% up 38, 36.2% versus February 2018	$74.9M	$523,527	−$30,925 −5.6% down $30,925, 5.6% versus February 2018	$496,000	322	281	100%	15	—	44.4%	2.0
Oshawa focus Oshawa, Durham Region	239	+68 +39.8% up 68, 39.8% versus February 2018	$123.3M	$515,884	+$12,761 +2.5% up $12,761, 2.5% versus February 2018	$490,000	474	425	99%	16	—	50.4%	1.8