Source: TRREB MarketWatch, September 2018

8 areas

Durham Region

September 2018

Headline indicators

All home types

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

$587,009

MoM −$3,697 −0.6% down $3,697, 0.6% versus August 2018 YoY +1.4% up 1.4% versus September 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 August 2018 YoY +3.7% up 3.7% versus September 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 August 2018 YoY n/a not available, prior month not on file versus September 2017

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

773

MoM −70 −8.3% down 70, 8.3% versus August 2018 YoY −7.4% down 7.4% versus September 2017

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

$453.8M

MoM −$44,207,542 −8.9% down $44,207,542, 8.9% versus August 2018 YoY −6.1% down 6.1% versus September 2017

New listings — Properties newly listed during the month.

1,823

MoM +357 +24.4% up 357, 24.4% versus August 2018 YoY −4.8% down 4.8% versus September 2017

Active listings — Listings available at month end.

2,171

MoM +157 +7.8% up 157, 7.8% versus August 2018 YoY +7.2% up 7.2% versus September 2017

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

27

MoM −1 day −3.6% down 1 day, 3.6% versus August 2018 YoY +17.4% up 17.4% versus September 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 August 2018 YoY no change no change versus September 2017

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

42.4%

MoM −15.1 pp −26.3% down 15.1 pp, 26.3% versus August 2018 YoY −2.8% down 2.8% versus September 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 +17.6% up 0, 17.6% versus August 2018 YoY +15.8% up 15.8% versus September 2017

Trend

13 months to September 2018

Average price

Durham Region average selling price over the 13 months ending September 2018.
Month Average price
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
Sep '18 587009

Sales

Durham Region sales over the 13 months ending September 2018.
Month Sales
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
Sep '18 773

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 773 −70 −8.3% down 70, 8.3% versus August 2018 $587,009 −$3,697 −0.6% down $3,697, 0.6% versus August 2018 $560,000 42.4% 2.8
Detached 494 −54 −9.9% down 54, 9.9% versus August 2018 $647,933 −$4,219 −0.6% down $4,219, 0.6% versus August 2018 $639,250 37.2% 3.4
Semi-detached 53 +3 +6.0% up 3, 6.0% versus August 2018 $470,615 −$28,175 −5.6% down $28,175, 5.6% versus August 2018 $427,500 53.5% 1.6
Att/row/townhouse 94 −5 −5.1% down 5, 5.1% versus August 2018 $521,270 −$2,982 −0.6% down $2,982, 0.6% versus August 2018 $526,000 56.6% 1.7
Condo townhouse 52 −6 −10.3% down 6, 10.3% versus August 2018 $424,013 +$25,729 +6.5% up $25,729, 6.5% versus August 2018 $425,900 54.7% 1.8
Condo apartment 38 −4 −9.5% down 4, 9.5% versus August 2018 $400,042 +$19,377 +5.1% up $19,377, 5.1% versus August 2018 $377,500 55.1% 2.4
Link 42 −3 −6.7% down 3, 6.7% versus August 2018 $535,398 −$649 −0.1% down $649, 0.1% versus August 2018 $532,500 64.6% 1.6
Co-op apartment 0 no change no change versus August 2018 n/a not available, prior month not on file versus August 2018
Detached condo 0 −1 −100.0% down 1, 100.0% versus August 2018 n/a not available, prior month not on file versus August 2018
Co-ownership apartment 0 no change no change versus August 2018 n/a not available, prior month not on file versus August 2018

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Pickering +6.3% up 6.3%
  2. Ajax +1.8% up 1.8%
  3. Clarington +1.2% up 1.2%
  4. Whitby −2.6% down 2.6%
  5. Oshawa −3.0% down 3.0%

Bottom 5

  1. Uxbridge −19.5% down 19.5%
  2. Brock −16.8% down 16.8%
  3. Scugog −11.6% down 11.6%
  4. Oshawa −3.0% down 3.0%
  5. Whitby −2.6% down 2.6%

Sales, month-over-month

Top 5

  1. Pickering +24.4% up 24.4%
  2. Ajax +8.9% up 8.9%
  3. Uxbridge no change no change
  4. Brock no change no change
  5. Scugog −6.7% down 6.7%

Bottom 5

  1. Whitby −20.2% down 20.2%
  2. Clarington −18.4% down 18.4%
  3. Oshawa −14.1% down 14.1%
  4. Scugog −6.7% down 6.7%
  5. Brock no change no change

Durham Region

Pickering focus

Pickering, Durham Region

$694,685

+$41,180 +6.3% up $41,180, 6.3% versus August 2018

Sales
97
SP/LP
99%
DOM
23
SNLR
42.0%

Full history →

Uxbridge focus

Uxbridge, Durham Region

$667,985

−$161,675 −19.5% down $161,675, 19.5% versus August 2018

Sales
20
SP/LP
96%
DOM
57
SNLR
26.7%

Full history →

Scugog focus

Scugog, Durham Region

$644,029

−$84,218 −11.6% down $84,218, 11.6% versus August 2018

Sales
28
SP/LP
98%
DOM
45
SNLR
50.0%

Full history →

Ajax focus

Ajax, Durham Region

$638,387

+$11,013 +1.8% up $11,013, 1.8% versus August 2018

Sales
134
SP/LP
98%
DOM
24
SNLR
51.7%

Full history →

Whitby focus

Whitby, Durham Region

$615,949

−$16,446 −2.6% down $16,446, 2.6% versus August 2018

Sales
134
SP/LP
98%
DOM
23
SNLR
42.3%

Full history →

Clarington focus

Clarington, Durham Region

$576,286

+$6,781 +1.2% up $6,781, 1.2% versus August 2018

Sales
133
SP/LP
98%
DOM
26
SNLR
39.8%

Full history →

Oshawa focus

Oshawa, Durham Region

$491,290

−$15,071 −3.0% down $15,071, 3.0% versus August 2018

Sales
207
SP/LP
98%
DOM
25
SNLR
41.0%

Full history →

Brock focus

Brock, Durham Region

$427,850

−$86,145 −16.8% down $86,145, 16.8% versus August 2018

Sales
20
SP/LP
96%
DOM
45
SNLR
43.5%

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 97 +19 +24.4% up 19, 24.4% versus August 2018 $67.4M $694,685 +$41,180 +6.3% up $41,180, 6.3% versus August 2018 $640,000 231 262 99% 23 42.0% 2.7
Uxbridge focus Uxbridge, Durham Region 20 no change no change versus August 2018 $13.4M $667,985 −$161,675 −19.5% down $161,675, 19.5% versus August 2018 $604,500 75 142 96% 57 26.7% 7.1
Scugog focus Scugog, Durham Region 28 −2 −6.7% down 2, 6.7% versus August 2018 $18.0M $644,029 −$84,218 −11.6% down $84,218, 11.6% versus August 2018 $642,500 56 111 98% 45 50.0% 4.0
Ajax focus Ajax, Durham Region 134 +11 +8.9% up 11, 8.9% versus August 2018 $85.5M $638,387 +$11,013 +1.8% up $11,013, 1.8% versus August 2018 $624,000 259 256 98% 24 51.7% 1.9
Whitby focus Whitby, Durham Region 134 −34 −20.2% down 34, 20.2% versus August 2018 $82.5M $615,949 −$16,446 −2.6% down $16,446, 2.6% versus August 2018 $575,000 317 338 98% 23 42.3% 2.5
Clarington focus Clarington, Durham Region 133 −30 −18.4% down 30, 18.4% versus August 2018 $76.6M $576,286 +$6,781 +1.2% up $6,781, 1.2% versus August 2018 $545,000 334 370 98% 26 39.8% 2.8
Oshawa focus Oshawa, Durham Region 207 −34 −14.1% down 34, 14.1% versus August 2018 $101.7M $491,290 −$15,071 −3.0% down $15,071, 3.0% versus August 2018 $457,500 505 605 98% 25 41.0% 2.9
Brock focus Brock, Durham Region 20 no change no change versus August 2018 $8.6M $427,850 −$86,145 −16.8% down $86,145, 16.8% versus August 2018 $387,500 46 87 96% 45 43.5% 4.3