Source: TRREB MarketWatch, July 2019

8 areas

Durham Region

July 2019

Headline indicators

All home types

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

$604,938

MoM −$15,568 −2.5% down $15,568, 2.5% versus June 2019 YoY +3.6% up 3.6% versus July 2018

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

$575,000

MoM −$15,000 −2.5% down $15,000, 2.5% versus June 2019 YoY +2.7% up 2.7% versus July 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 June 2019 YoY n/a not available, prior month not on file versus July 2018

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

1,041

MoM −52 −4.8% down 52, 4.8% versus June 2019 YoY +31.1% up 31.1% versus July 2018

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

$629.7M

MoM −$48,472,379 −7.1% down $48,472,379, 7.1% versus June 2019 YoY +35.8% up 35.8% versus July 2018

New listings — Properties newly listed during the month.

1,892

MoM −67 −3.4% down 67, 3.4% versus June 2019 YoY +13.0% up 13.0% versus July 2018

Active listings — Listings available at month end.

2,176

MoM −144 −6.2% down 144, 6.2% versus June 2019 YoY −0.8% down 0.8% versus July 2018

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

23

MoM +1 day +4.5% up 1 day, 4.5% versus June 2019 YoY −4.2% down 4.2% versus July 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 June 2019 YoY no change no change versus July 2018

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

55.0%

MoM −0.8 pp −1.4% down 0.8 pp, 1.4% versus June 2019 YoY +16.1% up 16.1% versus July 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 −1.5% down 0, 1.5% versus June 2019 YoY −24.4% down 24.4% versus July 2018

Trend

13 months to July 2019

Average price

Durham Region average selling price over the 13 months ending July 2019.
Month Average price
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
Jul '19 604938

Sales

Durham Region sales over the 13 months ending July 2019.
Month Sales
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
Jul '19 1041

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 1,041 −52 −4.8% down 52, 4.8% versus June 2019 $604,938 −$15,568 −2.5% down $15,568, 2.5% versus June 2019 $575,000 55.0% 2.1
Detached 717 −68 −8.7% down 68, 8.7% versus June 2019 $660,375 −$12,125 −1.8% down $12,125, 1.8% versus June 2019 $625,000 50.3% 2.4
Semi-detached 68 +8 +13.3% up 8, 13.3% versus June 2019 $476,200 −$23,733 −4.7% down $23,733, 4.7% versus June 2019 $440,500 76.4% 0.9
Att/row/townhouse 128 +5 +4.1% up 5, 4.1% versus June 2019 $544,369 +$23,567 +4.5% up $23,567, 4.5% versus June 2019 $539,500 69.6% 1.4
Condo townhouse 66 +5 +8.2% up 5, 8.2% versus June 2019 $425,455 −$14,142 −3.2% down $14,142, 3.2% versus June 2019 $418,750 66.0% 1.3
Condo apartment 43 −2 −4.4% down 2, 4.4% versus June 2019 $367,849 −$45,903 −11.1% down $45,903, 11.1% versus June 2019 $378,000 68.3% 1.9
Link 18 −1 −5.3% down 1, 5.3% versus June 2019 $547,190 −$21,863 −3.8% down $21,863, 3.8% versus June 2019 $535,500 62.1% 1.2
Co-op apartment 0 no change no change versus June 2019 n/a not available, prior month not on file versus June 2019
Detached condo 1 +1 up 1 versus June 2019 $444,500 n/a not available, prior month not on file versus June 2019 $444,500 0.0
Co-ownership apartment 0 no change no change versus June 2019 n/a not available, prior month not on file versus June 2019

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Brock +32.2% up 32.2%
  2. Pickering +8.3% up 8.3%
  3. Scugog +4.8% up 4.8%
  4. Ajax −1.2% down 1.2%
  5. Clarington −1.7% down 1.7%

Bottom 5

  1. Uxbridge −15.3% down 15.3%
  2. Oshawa −6.6% down 6.6%
  3. Whitby −4.6% down 4.6%
  4. Clarington −1.7% down 1.7%
  5. Ajax −1.2% down 1.2%

Sales, month-over-month

Top 5

  1. Oshawa +8.3% up 8.3%
  2. Pickering −2.3% down 2.3%
  3. Ajax −5.5% down 5.5%
  4. Whitby −6.6% down 6.6%
  5. Clarington −12.8% down 12.8%

Bottom 5

  1. Uxbridge −30.6% down 30.6%
  2. Brock −22.7% down 22.7%
  3. Scugog −18.4% down 18.4%
  4. Clarington −12.8% down 12.8%
  5. Whitby −6.6% down 6.6%

Durham Region

Pickering focus

Pickering, Durham Region

$756,018

+$58,101 +8.3% up $58,101, 8.3% versus June 2019

Sales
127
SP/LP
98%
DOM
24
SNLR
52.9%

Full history →

Scugog focus

Scugog, Durham Region

$724,377

+$32,893 +4.8% up $32,893, 4.8% versus June 2019

Sales
31
SP/LP
97%
DOM
36
SNLR
43.7%

Full history →

Uxbridge focus

Uxbridge, Durham Region

$717,620

−$129,151 −15.3% down $129,151, 15.3% versus June 2019

Sales
25
SP/LP
97%
DOM
34
SNLR
37.9%

Full history →

Whitby focus

Whitby, Durham Region

$647,009

−$31,346 −4.6% down $31,346, 4.6% versus June 2019

Sales
199
SP/LP
99%
DOM
21
SNLR
60.9%

Full history →

Ajax focus

Ajax, Durham Region

$642,750

−$7,700 −1.2% down $7,700, 1.2% versus June 2019

Sales
171
SP/LP
99%
DOM
20
SNLR
59.6%

Full history →

Brock focus

Brock, Durham Region

$556,235

+$135,553 +32.2% up $135,553, 32.2% versus June 2019

Sales
17
SP/LP
96%
DOM
37
SNLR
42.5%

Full history →

Clarington focus

Clarington, Durham Region

$554,698

−$9,760 −1.7% down $9,760, 1.7% versus June 2019

Sales
171
SP/LP
99%
DOM
24
SNLR
51.2%

Full history →

Oshawa focus

Oshawa, Durham Region

$501,187

−$35,326 −6.6% down $35,326, 6.6% versus June 2019

Sales
300
SP/LP
99%
DOM
22
SNLR
56.9%

Full history →

All Durham Region areas

8 areas

Area Sales MoM $ volume Average MoM Median New Active SP/LP LDOM PDOM SNLR MOI
Pickering focus Pickering, Durham Region 127 −3 −2.3% down 3, 2.3% versus June 2019 $96.0M $756,018 +$58,101 +8.3% up $58,101, 8.3% versus June 2019 $660,000 240 287 98% 24 52.9% 2.3
Scugog focus Scugog, Durham Region 31 −7 −18.4% down 7, 18.4% versus June 2019 $22.5M $724,377 +$32,893 +4.8% up $32,893, 4.8% versus June 2019 $632,000 71 135 97% 36 43.7% 4.3
Uxbridge focus Uxbridge, Durham Region 25 −11 −30.6% down 11, 30.6% versus June 2019 $17.9M $717,620 −$129,151 −15.3% down $129,151, 15.3% versus June 2019 $658,000 66 125 97% 34 37.9% 5.0
Whitby focus Whitby, Durham Region 199 −14 −6.6% down 14, 6.6% versus June 2019 $128.8M $647,009 −$31,346 −4.6% down $31,346, 4.6% versus June 2019 $610,000 327 336 99% 21 60.9% 1.7
Ajax focus Ajax, Durham Region 171 −10 −5.5% down 10, 5.5% versus June 2019 $109.9M $642,750 −$7,700 −1.2% down $7,700, 1.2% versus June 2019 $620,000 287 275 99% 20 59.6% 1.6
Brock focus Brock, Durham Region 17 −5 −22.7% down 5, 22.7% versus June 2019 $9.5M $556,235 +$135,553 +32.2% up $135,553, 32.2% versus June 2019 $505,000 40 98 96% 37 42.5% 5.8
Clarington focus Clarington, Durham Region 171 −25 −12.8% down 25, 12.8% versus June 2019 $94.9M $554,698 −$9,760 −1.7% down $9,760, 1.7% versus June 2019 $530,000 334 388 99% 24 51.2% 2.3
Oshawa focus Oshawa, Durham Region 300 +23 +8.3% up 23, 8.3% versus June 2019 $150.4M $501,187 −$35,326 −6.6% down $35,326, 6.6% versus June 2019 $485,000 527 532 99% 22 56.9% 1.8