Source: TRREB MarketWatch, June 2019

8 areas

Durham Region

June 2019

Headline indicators

All home types

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

$620,506

MoM −$1,786 −0.3% down $1,786, 0.3% versus May 2019 YoY +1.6% up 1.6% versus June 2018

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

$590,000

MoM −$5,000 −0.8% down $5,000, 0.8% versus May 2019 YoY +2.6% up 2.6% versus June 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 May 2019 YoY n/a not available, prior month not on file versus June 2018

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

1,093

MoM −83 −7.1% down 83, 7.1% versus May 2019 YoY +19.1% up 19.1% versus June 2018

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

$678.2M

MoM −$53,601,672 −7.3% down $53,601,672, 7.3% versus May 2019 YoY +21.0% up 21.0% versus June 2018

New listings — Properties newly listed during the month.

1,959

MoM −433 −18.1% down 433, 18.1% versus May 2019 YoY +3.4% up 3.4% versus June 2018

Active listings — Listings available at month end.

2,320

MoM +11 +0.5% up 11, 0.5% versus May 2019 YoY +0.7% up 0.7% versus June 2018

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

22

MoM +3 days +15.8% up 3 days, 15.8% versus May 2019 YoY +4.8% up 4.8% versus June 2018

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

98%

MoM −1.0 pp −1.0% down 1.0 pp, 1.0% versus May 2019 YoY no change no change versus June 2018

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

55.8%

MoM +6.6 pp +13.5% up 6.6 pp, 13.5% versus May 2019 YoY +15.2% up 15.2% versus June 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.

2.1

MoM +0 +8.1% up 0, 8.1% versus May 2019 YoY −15.4% down 15.4% versus June 2018

Trend

13 months to June 2019

Average price

Durham Region average selling price over the 13 months ending June 2019.
Month Average price
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
Jun '19 620506

Sales

Durham Region sales over the 13 months ending June 2019.
Month Sales
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
Jun '19 1093

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 1,093 −83 −7.1% down 83, 7.1% versus May 2019 $620,506 −$1,786 −0.3% down $1,786, 0.3% versus May 2019 $590,000 55.8% 2.1
Detached 785 −20 −2.5% down 20, 2.5% versus May 2019 $672,500 −$7,340 −1.1% down $7,340, 1.1% versus May 2019 $650,000 53.5% 2.4
Semi-detached 60 −23 −27.7% down 23, 27.7% versus May 2019 $499,933 −$5,664 −1.1% down $5,664, 1.1% versus May 2019 $465,000 72.3% 1.1
Att/row/townhouse 123 −20 −14.0% down 20, 14.0% versus May 2019 $520,802 −$28,761 −5.2% down $28,761, 5.2% versus May 2019 $525,000 53.5% 1.8
Condo townhouse 61 −3 −4.7% down 3, 4.7% versus May 2019 $439,597 +$23,884 +5.7% up $23,884, 5.7% versus May 2019 $435,000 64.9% 1.4
Condo apartment 45 −15 −25.0% down 15, 25.0% versus May 2019 $413,752 −$11,045 −2.6% down $11,045, 2.6% versus May 2019 $401,000 79.0% 1.8
Link 19 −1 −5.0% down 1, 5.0% versus May 2019 $569,053 −$3,066 −0.5% down $3,066, 0.5% versus May 2019 $573,000 65.5% 1.1
Co-op apartment 0 no change no change versus May 2019 n/a not available, prior month not on file versus May 2019
Detached condo 0 −1 −100.0% down 1, 100.0% versus May 2019 n/a not available, prior month not on file versus May 2019
Co-ownership apartment 0 no change no change versus May 2019 n/a not available, prior month not on file versus May 2019

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Scugog +13.6% up 13.6%
  2. Uxbridge +11.3% up 11.3%
  3. Oshawa +3.4% up 3.4%
  4. Clarington −0.1% down 0.1%
  5. Whitby −0.5% down 0.5%

Bottom 5

  1. Brock −12.6% down 12.6%
  2. Ajax −6.0% down 6.0%
  3. Pickering −1.5% down 1.5%
  4. Whitby −0.5% down 0.5%
  5. Clarington −0.1% down 0.1%

Sales, month-over-month

Top 5

  1. Scugog +90.0% up 90.0%
  2. Clarington +7.7% up 7.7%
  3. Uxbridge −5.3% down 5.3%
  4. Pickering −8.5% down 8.5%
  5. Oshawa −11.8% down 11.8%

Bottom 5

  1. Ajax −15.0% down 15.0%
  2. Brock −12.0% down 12.0%
  3. Whitby −12.0% down 12.0%
  4. Oshawa −11.8% down 11.8%
  5. Pickering −8.5% down 8.5%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$846,771

+$86,132 +11.3% up $86,132, 11.3% versus May 2019

Sales
36
SP/LP
97%
DOM
36
SNLR
59.0%

Full history →

Pickering focus

Pickering, Durham Region

$697,917

−$10,916 −1.5% down $10,916, 1.5% versus May 2019

Sales
130
SP/LP
98%
DOM
19
SNLR
52.6%

Full history →

Scugog focus

Scugog, Durham Region

$691,484

+$83,036 +13.6% up $83,036, 13.6% versus May 2019

Sales
38
SP/LP
97%
DOM
42
SNLR
55.9%

Full history →

Whitby focus

Whitby, Durham Region

$678,355

−$3,091 −0.5% down $3,091, 0.5% versus May 2019

Sales
213
SP/LP
99%
DOM
17
SNLR
55.5%

Full history →

Ajax focus

Ajax, Durham Region

$650,450

−$41,649 −6.0% down $41,649, 6.0% versus May 2019

Sales
181
SP/LP
99%
DOM
17
SNLR
56.4%

Full history →

Clarington focus

Clarington, Durham Region

$564,458

−$545 −0.1% down $545, 0.1% versus May 2019

Sales
196
SP/LP
98%
DOM
22
SNLR
59.2%

Full history →

Oshawa focus

Oshawa, Durham Region

$536,513

+$17,736 +3.4% up $17,736, 3.4% versus May 2019

Sales
277
SP/LP
99%
DOM
23
SNLR
55.4%

Full history →

Brock focus

Brock, Durham Region

$420,682

−$60,674 −12.6% down $60,674, 12.6% versus May 2019

Sales
22
SP/LP
96%
DOM
36
SNLR
46.8%

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 36 −2 −5.3% down 2, 5.3% versus May 2019 $30.5M $846,771 +$86,132 +11.3% up $86,132, 11.3% versus May 2019 $827,500 61 115 97% 36 59.0% 3.2
Pickering focus Pickering, Durham Region 130 −12 −8.5% down 12, 8.5% versus May 2019 $90.7M $697,917 −$10,916 −1.5% down $10,916, 1.5% versus May 2019 $653,250 247 302 98% 19 52.6% 2.3
Scugog focus Scugog, Durham Region 38 +18 +90.0% up 18, 90.0% versus May 2019 $26.3M $691,484 +$83,036 +13.6% up $83,036, 13.6% versus May 2019 $659,450 68 129 97% 42 55.9% 3.4
Whitby focus Whitby, Durham Region 213 −29 −12.0% down 29, 12.0% versus May 2019 $144.5M $678,355 −$3,091 −0.5% down $3,091, 0.5% versus May 2019 $658,000 384 383 99% 17 55.5% 1.8
Ajax focus Ajax, Durham Region 181 −32 −15.0% down 32, 15.0% versus May 2019 $117.7M $650,450 −$41,649 −6.0% down $41,649, 6.0% versus May 2019 $625,000 321 300 99% 17 56.4% 1.7
Clarington focus Clarington, Durham Region 196 +14 +7.7% up 14, 7.7% versus May 2019 $110.6M $564,458 −$545 −0.1% down $545, 0.1% versus May 2019 $527,500 331 399 98% 22 59.2% 2.0
Oshawa focus Oshawa, Durham Region 277 −37 −11.8% down 37, 11.8% versus May 2019 $148.6M $536,513 +$17,736 +3.4% up $17,736, 3.4% versus May 2019 $515,000 500 586 99% 23 55.4% 2.1
Brock focus Brock, Durham Region 22 −3 −12.0% down 3, 12.0% versus May 2019 $9.3M $420,682 −$60,674 −12.6% down $60,674, 12.6% versus May 2019 $407,500 47 106 96% 36 46.8% 4.8