Source: TRREB MarketWatch, December 2018

8 areas

Durham Region

December 2018

Headline indicators

All home types

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

$587,200

MoM −$3,203 −0.5% YoY +2.1%

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

$555,000

MoM +$5,000 +0.9% YoY +3.7%

MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.

—

MoM n/a YoY n/a

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

446

MoM −284 −38.9% YoY −18.2%

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

$261.9M

MoM −$169,102,831 −39.2% YoY −16.4%

New listings — Properties newly listed during the month.

543

MoM −636 −53.9% YoY −23.6%

Active listings — Listings available at month end.

1,289

MoM −483 −27.3% YoY −1.5%

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

MoM +7 days +25.9% YoY +30.8%

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

98%

MoM no change YoY no change

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

82.1%

MoM +20.2 pp +32.7% YoY +7.2%

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.

2.9

MoM +0 +19.1% YoY +20.4%

Trend

13 months to December 2018

Average price

Durham Region average selling price over the 13 months ending December 2018.
Month	Average price
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
Nov '18	590403
Dec '18	587200

Sales

Durham Region sales over the 13 months ending December 2018.
Month	Sales
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
Nov '18	730
Dec '18	446

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	446	−284 −38.9% down 284, 38.9% versus November 2018	$587,200	−$3,203 −0.5% down $3,203, 0.5% versus November 2018	$555,000	82.1%	2.9
Detached	309	−183 −37.2% down 183, 37.2% versus November 2018	$640,849	−$12,211 −1.9% down $12,211, 1.9% versus November 2018	$617,000	79.4%	3.2
Semi-detached	26	−25 −49.0% down 25, 49.0% versus November 2018	$495,212	+$15,487 +3.2% up $15,487, 3.2% versus November 2018	$490,000	108.3%	1.5
Att/row/townhouse	39	−38 −49.4% down 38, 49.4% versus November 2018	$532,559	+$18,037 +3.5% up $18,037, 3.5% versus November 2018	$527,000	83.0%	2.5
Condo townhouse	32	−5 −13.5% down 5, 13.5% versus November 2018	$403,924	+$246 +0.1% up $246, 0.1% versus November 2018	$426,000	80.0%	1.9
Condo apartment	27	−20 −42.6% down 20, 42.6% versus November 2018	$397,619	+$15,859 +4.2% up $15,859, 4.2% versus November 2018	$370,000	90.0%	2.6
Link	13	−12 −48.0% down 12, 48.0% versus November 2018	$504,808	+$5,056 +1.0% up $5,056, 1.0% versus November 2018	$515,000	100.0%	1.8
Co-op apartment	0	−1 −100.0% down 1, 100.0% versus November 2018	—	n/a not available, prior month not on file versus November 2018	—	—	—
Detached condo	0	no change no change versus November 2018	—	n/a not available, prior month not on file versus November 2018	—	—	—
Co-ownership apartment	0	no change no change versus November 2018	—	n/a not available, prior month not on file versus November 2018	—	—	—

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Ajax +4.2% up 4.2%
Oshawa +3.0% up 3.0%
Clarington +2.6% up 2.6%
Scugog +0.5% up 0.5%
Whitby −5.7% down 5.7%

Bottom 5

Brock −23.7% down 23.7%
Uxbridge −11.6% down 11.6%
Pickering −6.8% down 6.8%
Whitby −5.7% down 5.7%
Scugog +0.5% up 0.5%

Sales, month-over-month

Top 5

Ajax −24.8% down 24.8%
Brock −28.6% down 28.6%
Uxbridge −34.8% down 34.8%
Pickering −39.4% down 39.4%
Clarington −41.5% down 41.5%

Bottom 5

Scugog −45.5% down 45.5%
Whitby −44.0% down 44.0%
Oshawa −42.1% down 42.1%
Clarington −41.5% down 41.5%
Pickering −39.4% down 39.4%

Durham Region

Ajax focus

Ajax, Durham Region

$664,133

+$26,650 +4.2% up $26,650, 4.2% versus November 2018

Sales: 85
SP/LP: 98%
DOM: 31
SNLR: 109.0%

Full history →

Pickering focus

Pickering, Durham Region

$659,191

−$48,134 −6.8% down $48,134, 6.8% versus November 2018

Sales: 57
SP/LP: 98%
DOM: 32
SNLR: 74.0%

Full history →

Uxbridge focus

Uxbridge, Durham Region

$656,300

−$85,743 −11.6% down $85,743, 11.6% versus November 2018

Sales: 15
SP/LP: 97%
DOM: 56
SNLR: 150.0%

Full history →

Whitby focus

Whitby, Durham Region

$601,733

−$36,655 −5.7% down $36,655, 5.7% versus November 2018

Sales: 70
SP/LP: 98%
DOM: 29
SNLR: 94.6%

Full history →

Scugog focus

Scugog, Durham Region

$597,250

+$3,157 +0.5% up $3,157, 0.5% versus November 2018

Sales: 12
SP/LP: 95%
DOM: 56
SNLR: 57.1%

Full history →

Clarington focus

Clarington, Durham Region

$559,301

+$14,154 +2.6% up $14,154, 2.6% versus November 2018

Sales: 69
SP/LP: 97%
DOM: 38
SNLR: 87.3%

Full history →

Oshawa focus

Oshawa, Durham Region

$516,880

+$15,040 +3.0% up $15,040, 3.0% versus November 2018

Sales: 128
SP/LP: 98%
DOM: 29
SNLR: 68.8%

Full history →

Brock focus

Brock, Durham Region

$398,100

−$123,357 −23.7% down $123,357, 23.7% versus November 2018

Sales: 10
SP/LP: 97%
DOM: 77
SNLR: 55.6%

Full history →

All Durham Region areas

Home type

8 areas

Area	Sales	MoM	$ volume	Average	MoM	Median	New	Active	SP/LP	LDOM	PDOM	SNLR	MOI
Ajax focus Ajax, Durham Region	85	−28 −24.8% down 28, 24.8% versus November 2018	$56.5M	$664,133	+$26,650 +4.2% up $26,650, 4.2% versus November 2018	$620,000	78	142	98%	31	—	109.0%	1.7
Pickering focus Pickering, Durham Region	57	−37 −39.4% down 37, 39.4% versus November 2018	$37.6M	$659,191	−$48,134 −6.8% down $48,134, 6.8% versus November 2018	$620,000	77	160	98%	32	—	74.0%	2.8
Uxbridge focus Uxbridge, Durham Region	15	−8 −34.8% down 8, 34.8% versus November 2018	$9.8M	$656,300	−$85,743 −11.6% down $85,743, 11.6% versus November 2018	$635,000	10	75	97%	56	—	150.0%	5.0
Whitby focus Whitby, Durham Region	70	−55 −44.0% down 55, 44.0% versus November 2018	$42.1M	$601,733	−$36,655 −5.7% down $36,655, 5.7% versus November 2018	$566,250	74	193	98%	29	—	94.6%	2.8
Scugog focus Scugog, Durham Region	12	−10 −45.5% down 10, 45.5% versus November 2018	$7.2M	$597,250	+$3,157 +0.5% up $3,157, 0.5% versus November 2018	$587,500	21	65	95%	56	—	57.1%	5.4
Clarington focus Clarington, Durham Region	69	−49 −41.5% down 49, 41.5% versus November 2018	$38.6M	$559,301	+$14,154 +2.6% up $14,154, 2.6% versus November 2018	$545,000	79	233	97%	38	—	87.3%	3.4
Oshawa focus Oshawa, Durham Region	128	−93 −42.1% down 93, 42.1% versus November 2018	$66.2M	$516,880	+$15,040 +3.0% up $15,040, 3.0% versus November 2018	$475,000	186	357	98%	29	—	68.8%	2.8
Brock focus Brock, Durham Region	10	−4 −28.6% down 4, 28.6% versus November 2018	$4.0M	$398,100	−$123,357 −23.7% down $123,357, 23.7% versus November 2018	$380,000	18	64	97%	77	—	55.6%	6.4