Source: TRREB MarketWatch, January 2019

8 areas

Durham Region

January 2019

Headline indicators

All home types

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

$577,935

MoM −$9,265 −1.6% down $9,265, 1.6% versus December 2018 YoY −0.1% down 0.1% versus January 2018

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

$535,000

MoM −$20,000 −3.6% down $20,000, 3.6% versus December 2018 YoY −2.1% down 2.1% versus January 2018

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 December 2018 YoY n/a not available, prior month not on file versus January 2018

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

508

MoM +62 +13.9% up 62, 13.9% versus December 2018 YoY +8.1% up 8.1% versus January 2018

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

$293.6M

MoM +$31,699,837 +12.1% up $31,699,837, 12.1% versus December 2018 YoY +8.0% up 8.0% versus January 2018

New listings — Properties newly listed during the month.

1,181

MoM +638 +117.5% up 638, 117.5% versus December 2018 YoY +23.8% up 23.8% versus January 2018

Active listings — Listings available at month end.

1,378

MoM +89 +6.9% up 89, 6.9% versus December 2018 YoY +17.1% up 17.1% versus January 2018

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

32

MoM −2 days −5.9% down 2 days, 5.9% versus December 2018 YoY +6.7% up 6.7% versus January 2018

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 December 2018 YoY no change no change versus January 2018

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

43.0%

MoM −39.1 pp −47.6% down 39.1 pp, 47.6% versus December 2018 YoY −12.7% down 12.7% versus January 2018

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.

2.7

MoM −0 −6.1% down 0, 6.1% versus December 2018 YoY +8.3% up 8.3% versus January 2018

Trend

13 months to January 2019

Average price

Durham Region average selling price over the 13 months ending January 2019.
Month Average price
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
Jan '19 577935

Sales

Durham Region sales over the 13 months ending January 2019.
Month Sales
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
Jan '19 508

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 508 +62 +13.9% up 62, 13.9% versus December 2018 $577,935 −$9,265 −1.6% down $9,265, 1.6% versus December 2018 $535,000 43.0% 2.7
Detached 337 +28 +9.1% up 28, 9.1% versus December 2018 $641,758 +$909 +0.1% up $909, 0.1% versus December 2018 $610,000 40.6% 3.1
Semi-detached 32 +6 +23.1% up 6, 23.1% versus December 2018 $489,938 −$5,274 −1.1% down $5,274, 1.1% versus December 2018 $505,000 58.2% 1.6
Att/row/townhouse 63 +24 +61.5% up 24, 61.5% versus December 2018 $494,108 −$38,451 −7.2% down $38,451, 7.2% versus December 2018 $485,000 44.4% 1.9
Condo townhouse 30 −2 −6.3% down 2, 6.3% versus December 2018 $407,180 +$3,256 +0.8% up $3,256, 0.8% versus December 2018 $418,450 50.9% 2.1
Condo apartment 29 +2 +7.4% up 2, 7.4% versus December 2018 $337,872 −$59,747 −15.0% down $59,747, 15.0% versus December 2018 $346,000 43.9% 2.3
Link 16 +3 +23.1% up 3, 23.1% versus December 2018 $506,138 +$1,330 +0.3% up $1,330, 0.3% versus December 2018 $500,500 53.3% 1.6
Co-op apartment 0 no change no change versus December 2018 n/a not available, prior month not on file versus December 2018
Detached condo 1 +1 up 1 versus December 2018 $399,900 n/a not available, prior month not on file versus December 2018 $399,900 0.0
Co-ownership apartment 0 no change no change versus December 2018 n/a not available, prior month not on file versus December 2018

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Scugog +35.4% up 35.4%
  2. Brock +20.5% up 20.5%
  3. Uxbridge +14.8% up 14.8%
  4. Pickering +3.0% up 3.0%
  5. Clarington −1.5% down 1.5%

Bottom 5

  1. Oshawa −6.4% down 6.4%
  2. Ajax −1.7% down 1.7%
  3. Whitby −1.6% down 1.6%
  4. Clarington −1.5% down 1.5%
  5. Pickering +3.0% up 3.0%

Sales, month-over-month

Top 5

  1. Clarington +46.4% up 46.4%
  2. Scugog +41.7% up 41.7%
  3. Brock +30.0% up 30.0%
  4. Uxbridge +26.7% up 26.7%
  5. Oshawa +21.9% up 21.9%

Bottom 5

  1. Ajax −18.8% down 18.8%
  2. Pickering −12.3% down 12.3%
  3. Whitby +18.6% up 18.6%
  4. Oshawa +21.9% up 21.9%
  5. Uxbridge +26.7% up 26.7%

Durham Region

Scugog focus

Scugog, Durham Region

$808,676

+$211,426 +35.4% up $211,426, 35.4% versus December 2018

Sales
17
SP/LP
94%
DOM
60
SNLR
42.5%

Full history →

Uxbridge focus

Uxbridge, Durham Region

$753,184

+$96,884 +14.8% up $96,884, 14.8% versus December 2018

Sales
19
SP/LP
97%
DOM
71
SNLR
34.5%

Full history →

Pickering focus

Pickering, Durham Region

$678,872

+$19,681 +3.0% up $19,681, 3.0% versus December 2018

Sales
50
SP/LP
99%
DOM
30
SNLR
41.7%

Full history →

Ajax focus

Ajax, Durham Region

$653,106

−$11,027 −1.7% down $11,027, 1.7% versus December 2018

Sales
69
SP/LP
98%
DOM
25
SNLR
46.9%

Full history →

Whitby focus

Whitby, Durham Region

$592,131

−$9,602 −1.6% down $9,602, 1.6% versus December 2018

Sales
83
SP/LP
97%
DOM
32
SNLR
40.1%

Full history →

Clarington focus

Clarington, Durham Region

$551,066

−$8,235 −1.5% down $8,235, 1.5% versus December 2018

Sales
101
SP/LP
98%
DOM
29
SNLR
40.2%

Full history →

Oshawa focus

Oshawa, Durham Region

$483,860

−$33,020 −6.4% down $33,020, 6.4% versus December 2018

Sales
156
SP/LP
98%
DOM
29
SNLR
46.9%

Full history →

Brock focus

Brock, Durham Region

$479,885

+$81,785 +20.5% up $81,785, 20.5% versus December 2018

Sales
13
SP/LP
96%
DOM
39
SNLR
46.4%

Full history →

All Durham Region areas

8 areas

Area Sales MoM $ volume Average MoM Median New Active SP/LP LDOM PDOM SNLR MOI
Scugog focus Scugog, Durham Region 17 +5 +41.7% up 5, 41.7% versus December 2018 $13.7M $808,676 +$211,426 +35.4% up $211,426, 35.4% versus December 2018 $635,000 40 65 94% 60 42.5% 3.8
Uxbridge focus Uxbridge, Durham Region 19 +4 +26.7% up 4, 26.7% versus December 2018 $14.3M $753,184 +$96,884 +14.8% up $96,884, 14.8% versus December 2018 $680,000 55 86 97% 71 34.5% 4.5
Pickering focus Pickering, Durham Region 50 −7 −12.3% down 7, 12.3% versus December 2018 $33.9M $678,872 +$19,681 +3.0% up $19,681, 3.0% versus December 2018 $655,500 120 163 99% 30 41.7% 3.3
Ajax focus Ajax, Durham Region 69 −16 −18.8% down 16, 18.8% versus December 2018 $45.1M $653,106 −$11,027 −1.7% down $11,027, 1.7% versus December 2018 $634,000 147 156 98% 25 46.9% 2.3
Whitby focus Whitby, Durham Region 83 +13 +18.6% up 13, 18.6% versus December 2018 $49.1M $592,131 −$9,602 −1.6% down $9,602, 1.6% versus December 2018 $550,000 207 221 97% 32 40.1% 2.7
Clarington focus Clarington, Durham Region 101 +32 +46.4% up 32, 46.4% versus December 2018 $55.7M $551,066 −$8,235 −1.5% down $8,235, 1.5% versus December 2018 $520,000 251 269 98% 29 40.2% 2.7
Oshawa focus Oshawa, Durham Region 156 +28 +21.9% up 28, 21.9% versus December 2018 $75.5M $483,860 −$33,020 −6.4% down $33,020, 6.4% versus December 2018 $458,850 333 358 98% 29 46.9% 2.3
Brock focus Brock, Durham Region 13 +3 +30.0% up 3, 30.0% versus December 2018 $6.2M $479,885 +$81,785 +20.5% up $81,785, 20.5% versus December 2018 $522,000 28 60 96% 39 46.4% 4.6