Source: TRREB MarketWatch, April 2018

8 areas

Durham Region

April 2018

Headline indicators

All home types

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

$609,813

MoM +$11,401 +1.9% up $11,401, 1.9% versus March 2018 YoY −13.2% down 13.2% versus April 2017

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

$575,000

MoM +$10,000 +1.8% up $10,000, 1.8% versus March 2018 YoY −13.0% down 13.0% versus April 2017

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

MoM n/a not available, prior month not on file versus March 2018 YoY n/a not available, prior month not on file versus April 2017

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

930

MoM +84 +9.9% up 84, 9.9% versus March 2018 YoY −37.4% down 37.4% versus April 2017

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

$567.1M

MoM +$60,870,051 +12.0% up $60,870,051, 12.0% versus March 2018 YoY −45.7% down 45.7% versus April 2017

New listings — Properties newly listed during the month.

1,908

MoM +153 +8.7% up 153, 8.7% versus March 2018 YoY −21.6% down 21.6% versus April 2017

Active listings — Listings available at month end.

1,915

MoM +255 +15.4% up 255, 15.4% versus March 2018 YoY +62.0% up 62.0% versus April 2017

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

20

MoM +2 days +11.1% up 2 days, 11.1% versus March 2018 YoY +185.7% up 185.7% versus April 2017

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

99%

MoM no change no change versus March 2018 YoY −12.4% down 12.4% versus April 2017

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

48.7%

MoM +0.5 pp +1.1% up 0.5 pp, 1.1% versus March 2018 YoY −20.1% down 20.1% versus April 2017

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.

2.1

MoM +0 +4.9% up 0, 4.9% versus March 2018 YoY +158.7% up 158.7% versus April 2017

Trend

13 months to April 2018

Average price

Durham Region average selling price over the 13 months ending April 2018.
Month Average price
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
Apr '18 609813

Sales

Durham Region sales over the 13 months ending April 2018.
Month Sales
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
Apr '18 930

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 930 +84 +9.9% up 84, 9.9% versus March 2018 $609,813 +$11,401 +1.9% up $11,401, 1.9% versus March 2018 $575,000 48.7% 2.1
Detached 620 +62 +11.1% up 62, 11.1% versus March 2018 $669,644 +$9,428 +1.4% up $9,428, 1.4% versus March 2018 $640,000 45.3% 2.4
Semi-detached 57 −5 −8.1% down 5, 8.1% versus March 2018 $500,157 −$2,664 −0.5% down $2,664, 0.5% versus March 2018 $492,900 64.0% 1.1
Att/row/townhouse 113 +11 +10.8% up 11, 10.8% versus March 2018 $538,778 +$18,761 +3.6% up $18,761, 3.6% versus March 2018 $536,000 54.3% 1.6
Condo townhouse 56 +16 +40.0% up 16, 40.0% versus March 2018 $432,494 +$24,059 +5.9% up $24,059, 5.9% versus March 2018 $440,000 57.7% 1.5
Condo apartment 44 −10 −18.5% down 10, 18.5% versus March 2018 $393,485 −$14,386 −3.5% down $14,386, 3.5% versus March 2018 $373,450 52.4% 2.0
Link 37 +8 +27.6% up 8, 27.6% versus March 2018 $531,079 +$21,360 +4.2% up $21,360, 4.2% versus March 2018 $516,000 63.8% 1.1
Co-op apartment 0 no change no change versus March 2018 n/a not available, prior month not on file versus March 2018
Detached condo 3 +2 +200.0% up 2, 200.0% versus March 2018 $457,667 −$37,333 −7.5% down $37,333, 7.5% versus March 2018 $468,000 150.0% 0.3
Co-ownership apartment 0 no change no change versus March 2018 n/a not available, prior month not on file versus March 2018

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Brock +10.6% up 10.6%
  2. Whitby +4.1% up 4.1%
  3. Clarington +3.0% up 3.0%
  4. Ajax +2.8% up 2.8%
  5. Oshawa +1.9% up 1.9%

Bottom 5

  1. Scugog −7.8% down 7.8%
  2. Pickering −2.4% down 2.4%
  3. Uxbridge −0.8% down 0.8%
  4. Oshawa +1.9% up 1.9%
  5. Ajax +2.8% up 2.8%

Sales, month-over-month

Top 5

  1. Clarington +30.1% up 30.1%
  2. Ajax +20.0% up 20.0%
  3. Pickering +15.7% up 15.7%
  4. Whitby +8.6% up 8.6%
  5. Uxbridge +4.3% up 4.3%

Bottom 5

  1. Scugog −24.1% down 24.1%
  2. Brock −5.9% down 5.9%
  3. Oshawa −3.3% down 3.3%
  4. Uxbridge +4.3% up 4.3%
  5. Whitby +8.6% up 8.6%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$791,934

−$6,001 −0.8% down $6,001, 0.8% versus March 2018

Sales
24
SP/LP
97%
DOM
34
SNLR
43.6%

Full history →

Pickering focus

Pickering, Durham Region

$694,483

−$17,092 −2.4% down $17,092, 2.4% versus March 2018

Sales
125
SP/LP
98%
DOM
21
SNLR
57.1%

Full history →

Ajax focus

Ajax, Durham Region

$663,113

+$18,145 +2.8% up $18,145, 2.8% versus March 2018

Sales
150
SP/LP
100%
DOM
16
SNLR
50.9%

Full history →

Whitby focus

Whitby, Durham Region

$659,633

+$25,870 +4.1% up $25,870, 4.1% versus March 2018

Sales
176
SP/LP
98%
DOM
18
SNLR
50.9%

Full history →

Scugog focus

Scugog, Durham Region

$632,400

−$53,772 −7.8% down $53,772, 7.8% versus March 2018

Sales
22
SP/LP
98%
DOM
29
SNLR
36.1%

Full history →

Brock focus

Brock, Durham Region

$631,425

+$60,637 +10.6% up $60,637, 10.6% versus March 2018

Sales
16
SP/LP
94%
DOM
36
SNLR
43.2%

Full history →

Clarington focus

Clarington, Durham Region

$539,089

+$15,562 +3.0% up $15,562, 3.0% versus March 2018

Sales
186
SP/LP
99%
DOM
21
SNLR
55.2%

Full history →

Oshawa focus

Oshawa, Durham Region

$525,806

+$9,922 +1.9% up $9,922, 1.9% versus March 2018

Sales
231
SP/LP
99%
DOM
18
SNLR
41.4%

Full history →

All Durham Region areas

8 areas

Area Sales MoM $ volume Average MoM Median New Active SP/LP LDOM PDOM SNLR MOI
Uxbridge focus Uxbridge, Durham Region 24 +1 +4.3% up 1, 4.3% versus March 2018 $19.0M $791,934 −$6,001 −0.8% down $6,001, 0.8% versus March 2018 $671,354 55 103 97% 34 43.6% 4.3
Pickering focus Pickering, Durham Region 125 +17 +15.7% up 17, 15.7% versus March 2018 $86.8M $694,483 −$17,092 −2.4% down $17,092, 2.4% versus March 2018 $640,000 219 232 98% 21 57.1% 1.9
Ajax focus Ajax, Durham Region 150 +25 +20.0% up 25, 20.0% versus March 2018 $99.5M $663,113 +$18,145 +2.8% up $18,145, 2.8% versus March 2018 $628,500 295 249 100% 16 50.9% 1.7
Whitby focus Whitby, Durham Region 176 +14 +8.6% up 14, 8.6% versus March 2018 $116.1M $659,633 +$25,870 +4.1% up $25,870, 4.1% versus March 2018 $622,500 346 305 98% 18 50.9% 1.7
Scugog focus Scugog, Durham Region 22 −7 −24.1% down 7, 24.1% versus March 2018 $13.9M $632,400 −$53,772 −7.8% down $53,772, 7.8% versus March 2018 $606,500 61 91 98% 29 36.1% 4.1
Brock focus Brock, Durham Region 16 −1 −5.9% down 1, 5.9% versus March 2018 $10.1M $631,425 +$60,637 +10.6% up $60,637, 10.6% versus March 2018 $463,000 37 70 94% 36 43.2% 4.4
Clarington focus Clarington, Durham Region 186 +43 +30.1% up 43, 30.1% versus March 2018 $100.3M $539,089 +$15,562 +3.0% up $15,562, 3.0% versus March 2018 $511,250 337 323 99% 21 55.2% 1.7
Oshawa focus Oshawa, Durham Region 231 −8 −3.3% down 8, 3.3% versus March 2018 $121.5M $525,806 +$9,922 +1.9% up $9,922, 1.9% versus March 2018 $507,000 558 542 99% 18 41.4% 2.4