Source: TRREB MarketWatch, August 2019

8 areas

Durham Region

August 2019

Headline indicators

All home types

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

$614,362

MoM +$9,424 +1.6% up $9,424, 1.6% versus July 2019 YoY +4.0% up 4.0% versus August 2018

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

$585,000

MoM +$10,000 +1.7% up $10,000, 1.7% versus July 2019 YoY +4.5% up 4.5% versus August 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 July 2019 YoY n/a not available, prior month not on file versus August 2018

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

1,046

MoM +5 +0.5% up 5, 0.5% versus July 2019 YoY +24.1% up 24.1% versus August 2018

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

$642.6M

MoM +$12,881,941 +2.0% up $12,881,941, 2.0% versus July 2019 YoY +29.0% up 29.0% versus August 2018

New listings — Properties newly listed during the month.

1,542

MoM −350 −18.5% down 350, 18.5% versus July 2019 YoY +5.2% up 5.2% versus August 2018

Active listings — Listings available at month end.

1,917

MoM −259 −11.9% down 259, 11.9% versus July 2019 YoY −4.8% down 4.8% versus August 2018

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

26

MoM +3 days +13.0% up 3 days, 13.0% versus July 2019 YoY −7.1% down 7.1% versus August 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 July 2019 YoY no change no change versus August 2018

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

67.8%

MoM +12.8 pp +23.3% up 12.8 pp, 23.3% versus July 2019 YoY +18.0% up 18.0% versus August 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.

1.8

MoM −0 −12.3% down 0, 12.3% versus July 2019 YoY −23.3% down 23.3% versus August 2018

Trend

13 months to August 2019

Average price

Durham Region average selling price over the 13 months ending August 2019.
Month Average price
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
Aug '19 614362

Sales

Durham Region sales over the 13 months ending August 2019.
Month Sales
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
Aug '19 1046

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 1,046 +5 +0.5% up 5, 0.5% versus July 2019 $614,362 +$9,424 +1.6% up $9,424, 1.6% versus July 2019 $585,000 67.8% 1.8
Detached 736 +19 +2.6% up 19, 2.6% versus July 2019 $667,824 +$7,449 +1.1% up $7,449, 1.1% versus July 2019 $648,900 64.1% 2.1
Semi-detached 61 −7 −10.3% down 7, 10.3% versus July 2019 $513,716 +$37,516 +7.9% up $37,516, 7.9% versus July 2019 $500,000 89.7% 0.9
Att/row/townhouse 121 −7 −5.5% down 7, 5.5% versus July 2019 $538,602 −$5,767 −1.1% down $5,767, 1.1% versus July 2019 $540,000 77.1% 1.3
Condo townhouse 62 −4 −6.1% down 4, 6.1% versus July 2019 $428,256 +$2,801 +0.7% up $2,801, 0.7% versus July 2019 $444,000 77.5% 1.2
Condo apartment 49 +6 +14.0% up 6, 14.0% versus July 2019 $385,849 +$18,000 +4.9% up $18,000, 4.9% versus July 2019 $385,000 83.0% 1.6
Link 16 −2 −11.1% down 2, 11.1% versus July 2019 $543,350 −$3,840 −0.7% down $3,840, 0.7% versus July 2019 $506,950 57.1% 1.8
Co-op apartment 0 no change no change versus July 2019 n/a not available, prior month not on file versus July 2019
Detached condo 1 no change no change versus July 2019 $445,000 +$500 +0.1% up $500, 0.1% versus July 2019 $445,000 50.0% 1.0
Co-ownership apartment 0 no change no change versus July 2019 n/a not available, prior month not on file versus July 2019

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Uxbridge +20.3% up 20.3%
  2. Whitby +6.3% up 6.3%
  3. Clarington +4.0% up 4.0%
  4. Oshawa +3.1% up 3.1%
  5. Ajax +2.3% up 2.3%

Bottom 5

  1. Scugog −19.6% down 19.6%
  2. Pickering −9.2% down 9.2%
  3. Brock −8.2% down 8.2%
  4. Ajax +2.3% up 2.3%
  5. Oshawa +3.1% up 3.1%

Sales, month-over-month

Top 5

  1. Uxbridge +32.0% up 32.0%
  2. Pickering +16.5% up 16.5%
  3. Clarington +14.0% up 14.0%
  4. Brock +5.9% up 5.9%
  5. Scugog −3.2% down 3.2%

Bottom 5

  1. Whitby −13.6% down 13.6%
  2. Ajax −6.4% down 6.4%
  3. Oshawa −3.3% down 3.3%
  4. Scugog −3.2% down 3.2%
  5. Brock +5.9% up 5.9%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$863,112

+$145,492 +20.3% up $145,492, 20.3% versus July 2019

Sales
33
SP/LP
97%
DOM
49
SNLR
58.9%

Full history →

Whitby focus

Whitby, Durham Region

$687,649

+$40,640 +6.3% up $40,640, 6.3% versus July 2019

Sales
172
SP/LP
98%
DOM
22
SNLR
70.2%

Full history →

Pickering focus

Pickering, Durham Region

$686,301

−$69,717 −9.2% down $69,717, 9.2% versus July 2019

Sales
148
SP/LP
99%
DOM
24
SNLR
72.5%

Full history →

Ajax focus

Ajax, Durham Region

$657,752

+$15,002 +2.3% up $15,002, 2.3% versus July 2019

Sales
160
SP/LP
99%
DOM
21
SNLR
67.5%

Full history →

Scugog focus

Scugog, Durham Region

$582,137

−$142,240 −19.6% down $142,240, 19.6% versus July 2019

Sales
30
SP/LP
96%
DOM
50
SNLR
48.4%

Full history →

Clarington focus

Clarington, Durham Region

$577,157

+$22,459 +4.0% up $22,459, 4.0% versus July 2019

Sales
195
SP/LP
98%
DOM
27
SNLR
65.7%

Full history →

Oshawa focus

Oshawa, Durham Region

$516,737

+$15,550 +3.1% up $15,550, 3.1% versus July 2019

Sales
290
SP/LP
99%
DOM
23
SNLR
70.9%

Full history →

Brock focus

Brock, Durham Region

$510,472

−$45,763 −8.2% down $45,763, 8.2% versus July 2019

Sales
18
SP/LP
96%
DOM
68
SNLR
56.3%

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 33 +8 +32.0% up 8, 32.0% versus July 2019 $28.5M $863,112 +$145,492 +20.3% up $145,492, 20.3% versus July 2019 $815,000 56 117 97% 49 58.9% 3.5
Whitby focus Whitby, Durham Region 172 −27 −13.6% down 27, 13.6% versus July 2019 $118.3M $687,649 +$40,640 +6.3% up $40,640, 6.3% versus July 2019 $642,500 245 296 98% 22 70.2% 1.7
Pickering focus Pickering, Durham Region 148 +21 +16.5% up 21, 16.5% versus July 2019 $101.6M $686,301 −$69,717 −9.2% down $69,717, 9.2% versus July 2019 $671,000 204 241 99% 24 72.5% 1.6
Ajax focus Ajax, Durham Region 160 −11 −6.4% down 11, 6.4% versus July 2019 $105.2M $657,752 +$15,002 +2.3% up $15,002, 2.3% versus July 2019 $640,000 237 243 99% 21 67.5% 1.5
Scugog focus Scugog, Durham Region 30 −1 −3.2% down 1, 3.2% versus July 2019 $17.5M $582,137 −$142,240 −19.6% down $142,240, 19.6% versus July 2019 $557,000 62 132 96% 50 48.4% 4.4
Clarington focus Clarington, Durham Region 195 +24 +14.0% up 24, 14.0% versus July 2019 $112.5M $577,157 +$22,459 +4.0% up $22,459, 4.0% versus July 2019 $541,000 297 346 98% 27 65.7% 1.8
Oshawa focus Oshawa, Durham Region 290 −10 −3.3% down 10, 3.3% versus July 2019 $149.9M $516,737 +$15,550 +3.1% up $15,550, 3.1% versus July 2019 $510,000 409 453 99% 23 70.9% 1.6
Brock focus Brock, Durham Region 18 +1 +5.9% up 1, 5.9% versus July 2019 $9.2M $510,472 −$45,763 −8.2% down $45,763, 8.2% versus July 2019 $462,500 32 89 96% 68 56.3% 4.9