Source: TRREB MarketWatch, October 2018

8 areas

Durham Region

October 2018

Headline indicators

All home types

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

$588,968

MoM +$1,959 +0.3% up $1,959, 0.3% versus September 2018 YoY +2.3% up 2.3% versus October 2017

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

$555,750

MoM −$4,250 −0.8% down $4,250, 0.8% versus September 2018 YoY +3.9% up 3.9% versus October 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 September 2018 YoY n/a not available, prior month not on file versus October 2017

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

798

MoM +25 +3.2% up 25, 3.2% versus September 2018 YoY −5.6% down 5.6% versus October 2017

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

$470.0M

MoM +$16,238,932 +3.6% up $16,238,932, 3.6% versus September 2018 YoY −3.4% down 3.4% versus October 2017

New listings — Properties newly listed during the month.

1,644

MoM −179 −9.8% down 179, 9.8% versus September 2018 YoY −3.2% down 3.2% versus October 2017

Active listings — Listings available at month end.

2,082

MoM −89 −4.1% down 89, 4.1% versus September 2018 YoY +8.9% up 8.9% versus October 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 −11.1% down 3 days, 11.1% versus September 2018 YoY +9.1% up 9.1% versus October 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 September 2018 YoY no change no change versus October 2017

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

48.5%

MoM +6.1 pp +14.5% up 6.1 pp, 14.5% versus September 2018 YoY −2.5% down 2.5% versus October 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.

2.6

MoM −0 −7.1% down 0, 7.1% versus September 2018 YoY +15.3% up 15.3% versus October 2017

Trend

13 months to October 2018

Average price

Durham Region average selling price over the 13 months ending October 2018.
Month Average price
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
Oct '18 588968

Sales

Durham Region sales over the 13 months ending October 2018.
Month Sales
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
Oct '18 798

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 798 +25 +3.2% up 25, 3.2% versus September 2018 $588,968 +$1,959 +0.3% up $1,959, 0.3% versus September 2018 $555,750 48.5% 2.6
Detached 552 +58 +11.7% up 58, 11.7% versus September 2018 $644,947 −$2,986 −0.5% down $2,986, 0.5% versus September 2018 $630,000 45.5% 2.9
Semi-detached 53 no change no change versus September 2018 $464,919 −$5,696 −1.2% down $5,696, 1.2% versus September 2018 $425,000 60.9% 1.6
Att/row/townhouse 80 −14 −14.9% down 14, 14.9% versus September 2018 $529,438 +$8,168 +1.6% up $8,168, 1.6% versus September 2018 $528,750 63.5% 1.8
Condo townhouse 46 −6 −11.5% down 6, 11.5% versus September 2018 $405,304 −$18,709 −4.4% down $18,709, 4.4% versus September 2018 $408,750 57.5% 1.8
Condo apartment 43 +5 +13.2% up 5, 13.2% versus September 2018 $377,549 −$22,493 −5.6% down $22,493, 5.6% versus September 2018 $360,000 54.4% 2.3
Link 24 −18 −42.9% down 18, 42.9% versus September 2018 $504,658 −$30,740 −5.7% down $30,740, 5.7% versus September 2018 $488,000 42.9% 2.5
Co-op apartment 0 no change no change versus September 2018 n/a not available, prior month not on file versus September 2018 0.0%
Detached condo 0 no change no change versus September 2018 n/a not available, prior month not on file versus September 2018 0.0%
Co-ownership apartment 0 no change no change versus September 2018 n/a not available, prior month not on file versus September 2018

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Uxbridge +25.9% up 25.9%
  2. Whitby +6.4% up 6.4%
  3. Brock +3.6% up 3.6%
  4. Oshawa +1.6% up 1.6%
  5. Scugog +0.1% up 0.1%

Bottom 5

  1. Clarington −6.1% down 6.1%
  2. Ajax −4.0% down 4.0%
  3. Pickering −2.7% down 2.7%
  4. Scugog +0.1% up 0.1%
  5. Oshawa +1.6% up 1.6%

Sales, month-over-month

Top 5

  1. Uxbridge +20.0% up 20.0%
  2. Clarington +9.8% up 9.8%
  3. Scugog +7.1% up 7.1%
  4. Whitby +6.7% up 6.7%
  5. Pickering +3.1% up 3.1%

Bottom 5

  1. Ajax −7.5% down 7.5%
  2. Brock no change no change
  3. Oshawa +1.9% up 1.9%
  4. Pickering +3.1% up 3.1%
  5. Whitby +6.7% up 6.7%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$841,094

+$173,109 +25.9% up $173,109, 25.9% versus September 2018

Sales
24
SP/LP
96%
DOM
43
SNLR
43.6%

Full history →

Pickering focus

Pickering, Durham Region

$675,916

−$18,769 −2.7% down $18,769, 2.7% versus September 2018

Sales
100
SP/LP
98%
DOM
23
SNLR
51.5%

Full history →

Whitby focus

Whitby, Durham Region

$655,296

+$39,347 +6.4% up $39,347, 6.4% versus September 2018

Sales
143
SP/LP
98%
DOM
23
SNLR
46.4%

Full history →

Scugog focus

Scugog, Durham Region

$644,450

+$421 +0.1% up $421, 0.1% versus September 2018

Sales
30
SP/LP
97%
DOM
36
SNLR
51.7%

Full history →

Ajax focus

Ajax, Durham Region

$612,990

−$25,397 −4.0% down $25,397, 4.0% versus September 2018

Sales
124
SP/LP
99%
DOM
22
SNLR
55.1%

Full history →

Clarington focus

Clarington, Durham Region

$540,952

−$35,334 −6.1% down $35,334, 6.1% versus September 2018

Sales
146
SP/LP
98%
DOM
22
SNLR
53.3%

Full history →

Oshawa focus

Oshawa, Durham Region

$499,149

+$7,859 +1.6% up $7,859, 1.6% versus September 2018

Sales
211
SP/LP
98%
DOM
24
SNLR
42.5%

Full history →

Brock focus

Brock, Durham Region

$443,400

+$15,550 +3.6% up $15,550, 3.6% versus September 2018

Sales
20
SP/LP
98%
DOM
35
SNLR
58.8%

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 24 +4 +20.0% up 4, 20.0% versus September 2018 $20.2M $841,094 +$173,109 +25.9% up $173,109, 25.9% versus September 2018 $791,000 55 132 96% 43 43.6% 5.5
Pickering focus Pickering, Durham Region 100 +3 +3.1% up 3, 3.1% versus September 2018 $67.6M $675,916 −$18,769 −2.7% down $18,769, 2.7% versus September 2018 $635,000 194 251 98% 23 51.5% 2.5
Whitby focus Whitby, Durham Region 143 +9 +6.7% up 9, 6.7% versus September 2018 $93.7M $655,296 +$39,347 +6.4% up $39,347, 6.4% versus September 2018 $630,000 308 335 98% 23 46.4% 2.3
Scugog focus Scugog, Durham Region 30 +2 +7.1% up 2, 7.1% versus September 2018 $19.3M $644,450 +$421 +0.1% up $421, 0.1% versus September 2018 $615,000 58 107 97% 36 51.7% 3.6
Ajax focus Ajax, Durham Region 124 −10 −7.5% down 10, 7.5% versus September 2018 $76.0M $612,990 −$25,397 −4.0% down $25,397, 4.0% versus September 2018 $605,250 225 250 99% 22 55.1% 2.0
Clarington focus Clarington, Durham Region 146 +13 +9.8% up 13, 9.8% versus September 2018 $79.0M $540,952 −$35,334 −6.1% down $35,334, 6.1% versus September 2018 $507,500 274 337 98% 22 53.3% 2.3
Oshawa focus Oshawa, Durham Region 211 +4 +1.9% up 4, 1.9% versus September 2018 $105.3M $499,149 +$7,859 +1.6% up $7,859, 1.6% versus September 2018 $465,000 496 592 98% 24 42.5% 2.8
Brock focus Brock, Durham Region 20 no change no change versus September 2018 $8.9M $443,400 +$15,550 +3.6% up $15,550, 3.6% versus September 2018 $421,250 34 78 98% 35 58.8% 3.9