Source: TRREB MarketWatch, May 2019

8 areas

Durham Region

May 2019

Headline indicators

All home types

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

$622,292

MoM +$10,097 +1.6% up $10,097, 1.6% versus April 2019 YoY +4.3% up 4.3% versus May 2018

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

$595,000

MoM +$10,000 +1.7% up $10,000, 1.7% versus April 2019 YoY +5.7% up 5.7% versus May 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 April 2019 YoY n/a not available, prior month not on file versus May 2018

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

1,176

MoM +101 +9.4% up 101, 9.4% versus April 2019 YoY +28.0% up 28.0% versus May 2018

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

$731.8M

MoM +$73,705,062 +11.2% up $73,705,062, 11.2% versus April 2019 YoY +33.5% up 33.5% versus May 2018

New listings — Properties newly listed during the month.

2,392

MoM +399 +20.0% up 399, 20.0% versus April 2019 YoY +5.1% up 5.1% versus May 2018

Active listings — Listings available at month end.

2,309

MoM +304 +15.2% up 304, 15.2% versus April 2019 YoY +1.1% up 1.1% versus May 2018

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

19

MoM −1 day −5.0% down 1 day, 5.0% versus April 2019 YoY no change no change versus May 2018

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

99%

MoM no change no change versus April 2019 YoY no change no change versus May 2018

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

49.2%

MoM −4.8 pp −8.9% down 4.8 pp, 8.9% versus April 2019 YoY +21.8% up 21.8% versus May 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.

2.0

MoM +0 +5.3% up 0, 5.3% versus April 2019 YoY −21.0% down 21.0% versus May 2018

Trend

13 months to May 2019

Average price

Durham Region average selling price over the 13 months ending May 2019.
Month Average price
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
Feb '19 580743
Mar '19 604796
Apr '19 612195
May '19 622292

Sales

Durham Region sales over the 13 months ending May 2019.
Month Sales
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
Feb '19 585
Mar '19 839
Apr '19 1075
May '19 1176

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 1,176 +101 +9.4% up 101, 9.4% versus April 2019 $622,292 +$10,097 +1.6% up $10,097, 1.6% versus April 2019 $595,000 49.2% 2.0
Detached 805 +64 +8.6% up 64, 8.6% versus April 2019 $679,840 +$11,322 +1.7% up $11,322, 1.7% versus April 2019 $650,000 44.2% 2.3
Semi-detached 83 +13 +18.6% up 13, 18.6% versus April 2019 $505,597 +$11,338 +2.3% up $11,338, 2.3% versus April 2019 $499,900 76.8% 0.9
Att/row/townhouse 143 +27 +23.3% up 27, 23.3% versus April 2019 $549,563 +$762 +0.1% up $762, 0.1% versus April 2019 $540,000 60.1% 1.3
Condo townhouse 64 −7 −9.9% down 7, 9.9% versus April 2019 $415,713 −$4,985 −1.2% down $4,985, 1.2% versus April 2019 $412,000 65.3% 1.4
Condo apartment 60 +6 +11.1% up 6, 11.1% versus April 2019 $424,797 +$16,542 +4.1% up $16,542, 4.1% versus April 2019 $411,000 69.8% 1.4
Link 20 −3 −13.0% down 3, 13.0% versus April 2019 $572,119 +$25,858 +4.7% up $25,858, 4.7% versus April 2019 $575,000 54.0% 1.3
Co-op apartment 0 no change no change versus April 2019 n/a not available, prior month not on file versus April 2019
Detached condo 1 +1 up 1 versus April 2019 $456,027 n/a not available, prior month not on file versus April 2019 $456,027 50.0% 1.0
Co-ownership apartment 0 no change no change versus April 2019 n/a not available, prior month not on file versus April 2019

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Ajax +5.6% up 5.6%
  2. Oshawa +3.2% up 3.2%
  3. Whitby +2.7% up 2.7%
  4. Pickering +2.3% up 2.3%
  5. Scugog +1.6% up 1.6%

Bottom 5

  1. Brock −9.6% down 9.6%
  2. Uxbridge −3.2% down 3.2%
  3. Clarington −1.3% down 1.3%
  4. Scugog +1.6% up 1.6%
  5. Pickering +2.3% up 2.3%

Sales, month-over-month

Top 5

  1. Brock +25.0% up 25.0%
  2. Whitby +19.8% up 19.8%
  3. Oshawa +18.9% up 18.9%
  4. Ajax +13.9% up 13.9%
  5. Pickering no change no change

Bottom 5

  1. Uxbridge −20.8% down 20.8%
  2. Scugog −4.8% down 4.8%
  3. Clarington −4.7% down 4.7%
  4. Pickering no change no change
  5. Ajax +13.9% up 13.9%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$760,639

−$24,928 −3.2% down $24,928, 3.2% versus April 2019

Sales
38
SP/LP
96%
DOM
25
SNLR
41.8%

Full history →

Pickering focus

Pickering, Durham Region

$708,833

+$16,037 +2.3% up $16,037, 2.3% versus April 2019

Sales
142
SP/LP
99%
DOM
16
SNLR
46.4%

Full history →

Ajax focus

Ajax, Durham Region

$692,099

+$36,468 +5.6% up $36,468, 5.6% versus April 2019

Sales
213
SP/LP
99%
DOM
16
SNLR
59.2%

Full history →

Whitby focus

Whitby, Durham Region

$681,446

+$17,651 +2.7% up $17,651, 2.7% versus April 2019

Sales
242
SP/LP
99%
DOM
18
SNLR
52.4%

Full history →

Scugog focus

Scugog, Durham Region

$608,448

+$9,472 +1.6% up $9,472, 1.6% versus April 2019

Sales
20
SP/LP
97%
DOM
25
SNLR
27.4%

Full history →

Clarington focus

Clarington, Durham Region

$565,003

−$7,592 −1.3% down $7,592, 1.3% versus April 2019

Sales
182
SP/LP
99%
DOM
21
SNLR
44.0%

Full history →

Oshawa focus

Oshawa, Durham Region

$518,777

+$15,974 +3.2% up $15,974, 3.2% versus April 2019

Sales
314
SP/LP
99%
DOM
18
SNLR
49.8%

Full history →

Brock focus

Brock, Durham Region

$481,356

−$51,244 −9.6% down $51,244, 9.6% versus April 2019

Sales
25
SP/LP
95%
DOM
32
SNLR
45.5%

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 38 −10 −20.8% down 10, 20.8% versus April 2019 $28.9M $760,639 −$24,928 −3.2% down $24,928, 3.2% versus April 2019 $706,000 91 131 96% 25 41.8% 3.5
Pickering focus Pickering, Durham Region 142 no change no change versus April 2019 $100.7M $708,833 +$16,037 +2.3% up $16,037, 2.3% versus April 2019 $644,000 306 291 99% 16 46.4% 2.0
Ajax focus Ajax, Durham Region 213 +26 +13.9% up 26, 13.9% versus April 2019 $147.4M $692,099 +$36,468 +5.6% up $36,468, 5.6% versus April 2019 $660,000 360 295 99% 16 59.2% 1.4
Whitby focus Whitby, Durham Region 242 +40 +19.8% up 40, 19.8% versus April 2019 $164.9M $681,446 +$17,651 +2.7% up $17,651, 2.7% versus April 2019 $645,000 462 378 99% 18 52.4% 1.6
Scugog focus Scugog, Durham Region 20 −1 −4.8% down 1, 4.8% versus April 2019 $12.2M $608,448 +$9,472 +1.6% up $9,472, 1.6% versus April 2019 $617,450 73 117 97% 25 27.4% 5.8
Clarington focus Clarington, Durham Region 182 −9 −4.7% down 9, 4.7% versus April 2019 $102.8M $565,003 −$7,592 −1.3% down $7,592, 1.3% versus April 2019 $540,000 414 413 99% 21 44.0% 2.3
Oshawa focus Oshawa, Durham Region 314 +50 +18.9% up 50, 18.9% versus April 2019 $162.9M $518,777 +$15,974 +3.2% up $15,974, 3.2% versus April 2019 $494,000 631 579 99% 18 49.8% 1.8
Brock focus Brock, Durham Region 25 +5 +25.0% up 5, 25.0% versus April 2019 $12.0M $481,356 −$51,244 −9.6% down $51,244, 9.6% versus April 2019 $440,000 55 105 95% 32 45.5% 4.2