Source: TRREB MarketWatch, June 2018

8 areas

Durham Region

June 2018

Headline indicators

All home types

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

$610,728

MoM +$14,137 +2.4% up $14,137, 2.4% versus May 2018 YoY −0.7% down 0.7% versus June 2017

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

$575,000

MoM +$12,000 +2.1% up $12,000, 2.1% versus May 2018 YoY +1.8% up 1.8% versus June 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 May 2018 YoY n/a not available, prior month not on file versus June 2017

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

918

MoM −1 −0.1% down 1, 0.1% versus May 2018 YoY −7.9% down 7.9% versus June 2017

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

$560.6M

MoM +$12,381,070 +2.3% up $12,381,070, 2.3% versus May 2018 YoY −8.6% down 8.6% versus June 2017

New listings — Properties newly listed during the month.

1,895

MoM −381 −16.7% down 381, 16.7% versus May 2018 YoY −28.2% down 28.2% versus June 2017

Active listings — Listings available at month end.

2,303

MoM +20 +0.9% up 20, 0.9% versus May 2018 YoY +3.9% up 3.9% versus June 2017

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

21

MoM +2 days +10.5% up 2 days, 10.5% versus May 2018 YoY +50.0% up 50.0% versus June 2017

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

98%

MoM −1.0 pp −1.0% down 1.0 pp, 1.0% versus May 2018 YoY −3.0% down 3.0% versus June 2017

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

48.4%

MoM +8.1 pp +20.0% up 8.1 pp, 20.0% versus May 2018 YoY +28.2% up 28.2% versus June 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.

2.5

MoM +0 +1.0% up 0, 1.0% versus May 2018 YoY +12.9% up 12.9% versus June 2017

Trend

13 months to June 2018

Average price

Durham Region average selling price over the 13 months ending June 2018.
Month Average price
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
May '18 596591
Jun '18 610728

Sales

Durham Region sales over the 13 months ending June 2018.
Month Sales
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
May '18 919
Jun '18 918

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 918 −1 −0.1% down 1, 0.1% versus May 2018 $610,728 +$14,137 +2.4% up $14,137, 2.4% versus May 2018 $575,000 48.4% 2.5
Detached 619 +28 +4.7% up 28, 4.7% versus May 2018 $677,020 +$22,455 +3.4% up $22,455, 3.4% versus May 2018 $649,000 45.1% 2.8
Semi-detached 66 +6 +10.0% up 6, 10.0% versus May 2018 $492,648 −$12,208 −2.4% down $12,208, 2.4% versus May 2018 $466,500 62.9% 1.3
Att/row/townhouse 105 −18 −14.6% down 18, 14.6% versus May 2018 $521,898 −$16,407 −3.0% down $16,407, 3.0% versus May 2018 $510,000 58.3% 1.9
Condo townhouse 57 +4 +7.5% up 4, 7.5% versus May 2018 $405,809 −$462 −0.1% down $462, 0.1% versus May 2018 $410,000 68.7% 1.7
Condo apartment 44 −5 −10.2% down 5, 10.2% versus May 2018 $384,120 −$36,498 −8.7% down $36,498, 8.7% versus May 2018 $360,000 61.1% 2.0
Link 26 −15 −36.6% down 15, 36.6% versus May 2018 $529,827 −$1,244 −0.2% down $1,244, 0.2% versus May 2018 $521,500 32.5% 3.0
Co-op apartment 0 no change no change versus May 2018 n/a not available, prior month not on file versus May 2018
Detached condo 1 −1 −50.0% down 1, 50.0% versus May 2018 $451,000 −$49,000 −9.8% down $49,000, 9.8% versus May 2018 $451,000 33.3% 1.0
Co-ownership apartment 0 no change no change versus May 2018 n/a not available, prior month not on file versus May 2018

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Brock +17.8% up 17.8%
  2. Whitby +5.1% up 5.1%
  3. Uxbridge +4.8% up 4.8%
  4. Clarington +2.9% up 2.9%
  5. Oshawa +2.8% up 2.8%

Bottom 5

  1. Scugog −9.6% down 9.6%
  2. Pickering −1.9% down 1.9%
  3. Ajax +0.2% up 0.2%
  4. Oshawa +2.8% up 2.8%
  5. Clarington +2.9% up 2.9%

Sales, month-over-month

Top 5

  1. Scugog +30.4% up 30.4%
  2. Ajax +5.4% up 5.4%
  3. Pickering +2.5% up 2.5%
  4. Whitby +0.6% up 0.6%
  5. Uxbridge −3.3% down 3.3%

Bottom 5

  1. Brock −26.7% down 26.7%
  2. Oshawa −3.7% down 3.7%
  3. Clarington −3.5% down 3.5%
  4. Uxbridge −3.3% down 3.3%
  5. Whitby +0.6% up 0.6%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$787,372

+$36,179 +4.8% up $36,179, 4.8% versus May 2018

Sales
29
SP/LP
97%
DOM
39
SNLR
42.6%

Full history →

Pickering focus

Pickering, Durham Region

$718,344

−$14,052 −1.9% down $14,052, 1.9% versus May 2018

Sales
123
SP/LP
99%
DOM
20
SNLR
58.9%

Full history →

Whitby focus

Whitby, Durham Region

$679,406

+$32,841 +5.1% up $32,841, 5.1% versus May 2018

Sales
169
SP/LP
98%
DOM
19
SNLR
48.4%

Full history →

Scugog focus

Scugog, Durham Region

$660,367

−$70,250 −9.6% down $70,250, 9.6% versus May 2018

Sales
30
SP/LP
96%
DOM
28
SNLR
40.5%

Full history →

Ajax focus

Ajax, Durham Region

$637,319

+$1,099 +0.2% up $1,099, 0.2% versus May 2018

Sales
156
SP/LP
99%
DOM
20
SNLR
62.6%

Full history →

Brock focus

Brock, Durham Region

$582,455

+$87,842 +17.8% up $87,842, 17.8% versus May 2018

Sales
11
SP/LP
96%
DOM
30
SNLR
30.6%

Full history →

Clarington focus

Clarington, Durham Region

$532,908

+$14,984 +2.9% up $14,984, 2.9% versus May 2018

Sales
164
SP/LP
98%
DOM
21
SNLR
49.4%

Full history →

Oshawa focus

Oshawa, Durham Region

$515,261

+$14,079 +2.8% up $14,079, 2.8% versus May 2018

Sales
236
SP/LP
99%
DOM
21
SNLR
40.8%

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 29 −1 −3.3% down 1, 3.3% versus May 2018 $22.8M $787,372 +$36,179 +4.8% up $36,179, 4.8% versus May 2018 $765,000 68 134 97% 39 42.6% 4.6
Pickering focus Pickering, Durham Region 123 +3 +2.5% up 3, 2.5% versus May 2018 $88.4M $718,344 −$14,052 −1.9% down $14,052, 1.9% versus May 2018 $670,000 209 272 99% 20 58.9% 2.2
Whitby focus Whitby, Durham Region 169 +1 +0.6% up 1, 0.6% versus May 2018 $114.8M $679,406 +$32,841 +5.1% up $32,841, 5.1% versus May 2018 $652,000 349 393 98% 19 48.4% 2.3
Scugog focus Scugog, Durham Region 30 +7 +30.4% up 7, 30.4% versus May 2018 $19.8M $660,367 −$70,250 −9.6% down $70,250, 9.6% versus May 2018 $643,000 74 130 96% 28 40.5% 4.3
Ajax focus Ajax, Durham Region 156 +8 +5.4% up 8, 5.4% versus May 2018 $99.4M $637,319 +$1,099 +0.2% up $1,099, 0.2% versus May 2018 $600,000 249 253 99% 20 62.6% 1.6
Brock focus Brock, Durham Region 11 −4 −26.7% down 4, 26.7% versus May 2018 $6.4M $582,455 +$87,842 +17.8% up $87,842, 17.8% versus May 2018 $430,000 36 91 96% 30 30.6% 8.3
Clarington focus Clarington, Durham Region 164 −6 −3.5% down 6, 3.5% versus May 2018 $87.4M $532,908 +$14,984 +2.9% up $14,984, 2.9% versus May 2018 $509,500 332 360 98% 21 49.4% 2.2
Oshawa focus Oshawa, Durham Region 236 −9 −3.7% down 9, 3.7% versus May 2018 $121.6M $515,261 +$14,079 +2.8% up $14,079, 2.8% versus May 2018 $496,250 578 670 99% 21 40.8% 2.8