Source: TRREB MarketWatch, August 2018

8 areas

Durham Region

August 2018

Headline indicators

All home types

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

$590,706

MoM +$6,575 +1.1% up $6,575, 1.1% versus July 2018 YoY +0.6% up 0.6% versus August 2017

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

$560,000

MoM no change no change versus July 2018 YoY +1.0% up 1.0% versus August 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 July 2018 YoY n/a not available, prior month not on file versus August 2017

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

843

MoM +49 +6.2% up 49, 6.2% versus July 2018 YoY +2.6% up 2.6% versus August 2017

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

$498.0M

MoM +$34,165,303 +7.4% up $34,165,303, 7.4% versus July 2018 YoY +3.2% up 3.2% versus August 2017

New listings — Properties newly listed during the month.

1,466

MoM −209 −12.5% down 209, 12.5% versus July 2018 YoY −2.1% down 2.1% versus August 2017

Active listings — Listings available at month end.

2,014

MoM −180 −8.2% down 180, 8.2% versus July 2018 YoY +7.8% up 7.8% versus August 2017

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

28

MoM +4 days +16.7% up 4 days, 16.7% versus July 2018 YoY +21.7% up 21.7% versus August 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 July 2018 YoY no change no change versus August 2017

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

57.5%

MoM +10.1 pp +21.3% up 10.1 pp, 21.3% versus July 2018 YoY +4.7% up 4.7% versus August 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.

2.4

MoM −0 −13.5% down 0, 13.5% versus July 2018 YoY +5.1% up 5.1% versus August 2017

Trend

13 months to August 2018

Average price

Durham Region average selling price over the 13 months ending August 2018.
Month Average price
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
Aug '18 590706

Sales

Durham Region sales over the 13 months ending August 2018.
Month Sales
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
Aug '18 843

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 843 +49 +6.2% up 49, 6.2% versus July 2018 $590,706 +$6,575 +1.1% up $6,575, 1.1% versus July 2018 $560,000 57.5% 2.4
Detached 548 +44 +8.7% up 44, 8.7% versus July 2018 $652,152 +$5,138 +0.8% up $5,138, 0.8% versus July 2018 $628,000 52.1% 2.8
Semi-detached 50 −7 −12.3% down 7, 12.3% versus July 2018 $498,790 +$26,906 +5.7% up $26,906, 5.7% versus July 2018 $509,000 61.7% 1.4
Att/row/townhouse 99 +6 +6.5% up 6, 6.5% versus July 2018 $524,252 +$2,198 +0.4% up $2,198, 0.4% versus July 2018 $530,000 72.3% 1.5
Condo townhouse 58 +2 +3.6% up 2, 3.6% versus July 2018 $398,284 −$10,880 −2.7% down $10,880, 2.7% versus July 2018 $409,000 87.9% 1.4
Condo apartment 42 −1 −2.3% down 1, 2.3% versus July 2018 $380,665 −$25,476 −6.3% down $25,476, 6.3% versus July 2018 $360,000 75.0% 1.7
Link 45 +4 +9.8% up 4, 9.8% versus July 2018 $536,047 +$2,398 +0.4% up $2,398, 0.4% versus July 2018 $525,000 61.6% 1.7
Co-op apartment 0 no change no change versus July 2018 n/a not available, prior month not on file versus July 2018
Detached condo 1 +1 up 1 versus July 2018 $535,000 n/a not available, prior month not on file versus July 2018 $535,000 100.0% 1.0
Co-ownership apartment 0 no change no change versus July 2018 n/a not available, prior month not on file versus July 2018

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Uxbridge +24.5% up 24.5%
  2. Scugog +14.2% up 14.2%
  3. Oshawa +4.3% up 4.3%
  4. Clarington +3.8% up 3.8%
  5. Whitby −0.2% down 0.2%

Bottom 5

  1. Pickering −4.0% down 4.0%
  2. Brock −3.8% down 3.8%
  3. Ajax −2.6% down 2.6%
  4. Whitby −0.2% down 0.2%
  5. Clarington +3.8% up 3.8%

Sales, month-over-month

Top 5

  1. Uxbridge +100.0% up 100.0%
  2. Whitby +28.2% up 28.2%
  3. Clarington +15.6% up 15.6%
  4. Oshawa +9.0% up 9.0%
  5. Brock +5.3% up 5.3%

Bottom 5

  1. Pickering −33.3% down 33.3%
  2. Scugog −3.2% down 3.2%
  3. Ajax −0.8% down 0.8%
  4. Brock +5.3% up 5.3%
  5. Oshawa +9.0% up 9.0%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$829,660

+$163,470 +24.5% up $163,470, 24.5% versus July 2018

Sales
20
SP/LP
96%
DOM
52
SNLR
40.0%

Full history →

Scugog focus

Scugog, Durham Region

$728,247

+$90,726 +14.2% up $90,726, 14.2% versus July 2018

Sales
30
SP/LP
98%
DOM
37
SNLR
53.6%

Full history →

Pickering focus

Pickering, Durham Region

$653,505

−$27,564 −4.0% down $27,564, 4.0% versus July 2018

Sales
78
SP/LP
98%
DOM
26
SNLR
48.5%

Full history →

Whitby focus

Whitby, Durham Region

$632,395

−$1,044 −0.2% down $1,044, 0.2% versus July 2018

Sales
168
SP/LP
98%
DOM
27
SNLR
69.7%

Full history →

Ajax focus

Ajax, Durham Region

$627,374

−$16,741 −2.6% down $16,741, 2.6% versus July 2018

Sales
123
SP/LP
98%
DOM
24
SNLR
61.5%

Full history →

Clarington focus

Clarington, Durham Region

$569,505

+$20,671 +3.8% up $20,671, 3.8% versus July 2018

Sales
163
SP/LP
98%
DOM
28
SNLR
62.2%

Full history →

Brock focus

Brock, Durham Region

$513,995

−$20,558 −3.8% down $20,558, 3.8% versus July 2018

Sales
20
SP/LP
96%
DOM
46
SNLR
45.5%

Full history →

Oshawa focus

Oshawa, Durham Region

$506,361

+$20,853 +4.3% up $20,853, 4.3% versus July 2018

Sales
241
SP/LP
98%
DOM
25
SNLR
53.3%

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 20 +10 +100.0% up 10, 100.0% versus July 2018 $16.6M $829,660 +$163,470 +24.5% up $163,470, 24.5% versus July 2018 $705,000 50 125 96% 52 40.0% 6.3
Scugog focus Scugog, Durham Region 30 −1 −3.2% down 1, 3.2% versus July 2018 $21.8M $728,247 +$90,726 +14.2% up $90,726, 14.2% versus July 2018 $627,500 56 116 98% 37 53.6% 3.9
Pickering focus Pickering, Durham Region 78 −39 −33.3% down 39, 33.3% versus July 2018 $51.0M $653,505 −$27,564 −4.0% down $27,564, 4.0% versus July 2018 $652,750 161 221 98% 26 48.5% 2.8
Whitby focus Whitby, Durham Region 168 +37 +28.2% up 37, 28.2% versus July 2018 $106.2M $632,395 −$1,044 −0.2% down $1,044, 0.2% versus July 2018 $595,450 241 310 98% 27 69.7% 1.9
Ajax focus Ajax, Durham Region 123 −1 −0.8% down 1, 0.8% versus July 2018 $77.2M $627,374 −$16,741 −2.6% down $16,741, 2.6% versus July 2018 $590,000 200 244 98% 24 61.5% 2.0
Clarington focus Clarington, Durham Region 163 +22 +15.6% up 22, 15.6% versus July 2018 $92.8M $569,505 +$20,671 +3.8% up $20,671, 3.8% versus July 2018 $520,000 262 333 98% 28 62.2% 2.0
Brock focus Brock, Durham Region 20 +1 +5.3% up 1, 5.3% versus July 2018 $10.3M $513,995 −$20,558 −3.8% down $20,558, 3.8% versus July 2018 $437,500 44 85 96% 46 45.5% 4.3
Oshawa focus Oshawa, Durham Region 241 +20 +9.0% up 20, 9.0% versus July 2018 $122.0M $506,361 +$20,853 +4.3% up $20,853, 4.3% versus July 2018 $490,000 452 580 98% 25 53.3% 2.4