Source: TRREB MarketWatch, July 2018

8 areas

Durham Region

July 2018

Headline indicators

All home types

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

$584,131

MoM −$26,597 −4.4% down $26,597, 4.4% versus June 2018 YoY +2.5% up 2.5% versus July 2017

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

$560,000

MoM −$15,000 −2.6% down $15,000, 2.6% versus June 2018 YoY +6.7% up 6.7% versus July 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 June 2018 YoY n/a not available, prior month not on file versus July 2017

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

794

MoM −124 −13.5% down 124, 13.5% versus June 2018 YoY +6.0% up 6.0% versus July 2017

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

$463.8M

MoM −$96,848,029 −17.3% down $96,848,029, 17.3% versus June 2018 YoY +8.7% up 8.7% versus July 2017

New listings — Properties newly listed during the month.

1,675

MoM −220 −11.6% down 220, 11.6% versus June 2018 YoY −12.1% down 12.1% versus July 2017

Active listings — Listings available at month end.

2,194

MoM −109 −4.7% down 109, 4.7% versus June 2018 YoY +1.0% up 1.0% versus July 2017

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

24

MoM +3 days +14.3% up 3 days, 14.3% versus June 2018 YoY +20.0% up 20.0% versus July 2017

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

98%

MoM no change no change versus June 2018 YoY −1.0% down 1.0% versus July 2017

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

47.4%

MoM −1.0 pp −2.1% down 1.0 pp, 2.1% versus June 2018 YoY +20.6% up 20.6% versus July 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.

2.8

MoM +0 +10.1% up 0, 10.1% versus June 2018 YoY −4.7% down 4.7% versus July 2017

Trend

13 months to July 2018

Average price

Durham Region average selling price over the 13 months ending July 2018.
Month Average price
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
Jul '18 584131

Sales

Durham Region sales over the 13 months ending July 2018.
Month Sales
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
Jul '18 794

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 794 −124 −13.5% down 124, 13.5% versus June 2018 $584,131 −$26,597 −4.4% down $26,597, 4.4% versus June 2018 $560,000 47.4% 2.8
Detached 504 −115 −18.6% down 115, 18.6% versus June 2018 $647,014 −$30,006 −4.4% down $30,006, 4.4% versus June 2018 $620,500 42.0% 3.3
Semi-detached 57 −9 −13.6% down 9, 13.6% versus June 2018 $471,884 −$20,764 −4.2% down $20,764, 4.2% versus June 2018 $449,000 72.2% 1.2
Att/row/townhouse 93 −12 −11.4% down 12, 11.4% versus June 2018 $522,054 +$156 +0.0% up $156, 0.0% versus June 2018 $518,000 61.6% 1.9
Condo townhouse 56 −1 −1.8% down 1, 1.8% versus June 2018 $409,164 +$3,355 +0.8% up $3,355, 0.8% versus June 2018 $410,000 58.3% 1.7
Condo apartment 43 −1 −2.3% down 1, 2.3% versus June 2018 $406,141 +$22,021 +5.7% up $22,021, 5.7% versus June 2018 $382,000 75.4% 2.0
Link 41 +15 +57.7% up 15, 57.7% versus June 2018 $533,649 +$3,822 +0.7% up $3,822, 0.7% versus June 2018 $530,000 45.0% 2.4
Co-op apartment 0 no change no change versus June 2018 n/a not available, prior month not on file versus June 2018
Detached condo 0 −1 −100.0% down 1, 100.0% versus June 2018 n/a not available, prior month not on file versus June 2018 0.0%
Co-ownership apartment 0 no change no change versus June 2018 n/a not available, prior month not on file versus June 2018

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Clarington +3.0% up 3.0%
  2. Ajax +1.1% up 1.1%
  3. Scugog −3.5% down 3.5%
  4. Pickering −5.2% down 5.2%
  5. Oshawa −5.8% down 5.8%

Bottom 5

  1. Uxbridge −15.4% down 15.4%
  2. Brock −8.2% down 8.2%
  3. Whitby −6.8% down 6.8%
  4. Oshawa −5.8% down 5.8%
  5. Pickering −5.2% down 5.2%

Sales, month-over-month

Top 5

  1. Brock +72.7% up 72.7%
  2. Scugog +3.3% up 3.3%
  3. Pickering −4.9% down 4.9%
  4. Oshawa −6.4% down 6.4%
  5. Clarington −14.0% down 14.0%

Bottom 5

  1. Uxbridge −65.5% down 65.5%
  2. Whitby −22.5% down 22.5%
  3. Ajax −20.5% down 20.5%
  4. Clarington −14.0% down 14.0%
  5. Oshawa −6.4% down 6.4%

Durham Region

Pickering focus

Pickering, Durham Region

$681,069

−$37,275 −5.2% down $37,275, 5.2% versus June 2018

Sales
117
SP/LP
97%
DOM
23
SNLR
65.7%

Full history →

Uxbridge focus

Uxbridge, Durham Region

$666,190

−$121,182 −15.4% down $121,182, 15.4% versus June 2018

Sales
10
SP/LP
99%
DOM
26
SNLR
27.0%

Full history →

Ajax focus

Ajax, Durham Region

$644,115

+$6,796 +1.1% up $6,796, 1.1% versus June 2018

Sales
124
SP/LP
99%
DOM
22
SNLR
48.3%

Full history →

Scugog focus

Scugog, Durham Region

$637,521

−$22,846 −3.5% down $22,846, 3.5% versus June 2018

Sales
31
SP/LP
97%
DOM
34
SNLR
54.4%

Full history →

Whitby focus

Whitby, Durham Region

$633,439

−$45,967 −6.8% down $45,967, 6.8% versus June 2018

Sales
131
SP/LP
98%
DOM
27
SNLR
43.1%

Full history →

Clarington focus

Clarington, Durham Region

$548,834

+$15,926 +3.0% up $15,926, 3.0% versus June 2018

Sales
141
SP/LP
98%
DOM
21
SNLR
46.2%

Full history →

Brock focus

Brock, Durham Region

$534,553

−$47,902 −8.2% down $47,902, 8.2% versus June 2018

Sales
19
SP/LP
97%
DOM
30
SNLR
57.6%

Full history →

Oshawa focus

Oshawa, Durham Region

$485,508

−$29,753 −5.8% down $29,753, 5.8% versus June 2018

Sales
221
SP/LP
98%
DOM
23
SNLR
43.9%

Full history →

All Durham Region areas

8 areas

Area Sales MoM $ volume Average MoM Median New Active SP/LP LDOM PDOM SNLR MOI
Pickering focus Pickering, Durham Region 117 −6 −4.9% down 6, 4.9% versus June 2018 $79.7M $681,069 −$37,275 −5.2% down $37,275, 5.2% versus June 2018 $648,200 178 231 97% 23 65.7% 2.0
Uxbridge focus Uxbridge, Durham Region 10 −19 −65.5% down 19, 65.5% versus June 2018 $6.7M $666,190 −$121,182 −15.4% down $121,182, 15.4% versus June 2018 $670,000 37 130 99% 26 27.0% 13.0
Ajax focus Ajax, Durham Region 124 −32 −20.5% down 32, 20.5% versus June 2018 $79.9M $644,115 +$6,796 +1.1% up $6,796, 1.1% versus June 2018 $630,000 257 260 99% 22 48.3% 2.1
Scugog focus Scugog, Durham Region 31 +1 +3.3% up 1, 3.3% versus June 2018 $19.8M $637,521 −$22,846 −3.5% down $22,846, 3.5% versus June 2018 $580,000 57 124 97% 34 54.4% 4.0
Whitby focus Whitby, Durham Region 131 −38 −22.5% down 38, 22.5% versus June 2018 $83.0M $633,439 −$45,967 −6.8% down $45,967, 6.8% versus June 2018 $585,000 304 371 98% 27 43.1% 2.8
Clarington focus Clarington, Durham Region 141 −23 −14.0% down 23, 14.0% versus June 2018 $77.4M $548,834 +$15,926 +3.0% up $15,926, 3.0% versus June 2018 $515,000 305 358 98% 21 46.2% 2.5
Brock focus Brock, Durham Region 19 +8 +72.7% up 8, 72.7% versus June 2018 $10.2M $534,553 −$47,902 −8.2% down $47,902, 8.2% versus June 2018 $462,000 33 88 97% 30 57.6% 4.6
Oshawa focus Oshawa, Durham Region 221 −15 −6.4% down 15, 6.4% versus June 2018 $107.3M $485,508 −$29,753 −5.8% down $29,753, 5.8% versus June 2018 $475,000 504 632 98% 23 43.9% 2.9