Source: TRREB MarketWatch, September 2019

8 areas

Durham Region

September 2019

Headline indicators

All home types

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

$611,569

MoM −$2,793 −0.5% down $2,793, 0.5% versus August 2019 YoY +4.2% up 4.2% versus September 2018

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

$575,000

MoM −$10,000 −1.7% down $10,000, 1.7% versus August 2019 YoY +2.7% up 2.7% versus September 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 August 2019 YoY n/a not available, prior month not on file versus September 2018

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

956

MoM −90 −8.6% down 90, 8.6% versus August 2019 YoY +23.7% up 23.7% versus September 2018

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

$584.7M

MoM −$57,962,999 −9.0% down $57,962,999, 9.0% versus August 2019 YoY +28.8% up 28.8% versus September 2018

New listings — Properties newly listed during the month.

1,842

MoM +300 +19.5% up 300, 19.5% versus August 2019 YoY +1.0% up 1.0% versus September 2018

Active listings — Listings available at month end.

1,936

MoM +19 +1.0% up 19, 1.0% versus August 2019 YoY −10.8% down 10.8% versus September 2018

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

23

MoM −3 days −11.5% down 3 days, 11.5% versus August 2019 YoY −14.8% down 14.8% versus September 2018

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

99%

MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus August 2019 YoY +1.0% up 1.0% versus September 2018

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

51.9%

MoM −15.9 pp −23.5% down 15.9 pp, 23.5% versus August 2019 YoY +22.4% up 22.4% versus September 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 +10.5% up 0, 10.5% versus August 2019 YoY −27.9% down 27.9% versus September 2018

Trend

13 months to September 2019

Average price

Durham Region average selling price over the 13 months ending September 2019.
Month Average price
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
Sep '19 611569

Sales

Durham Region sales over the 13 months ending September 2019.
Month Sales
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
Sep '19 956

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 956 −90 −8.6% down 90, 8.6% versus August 2019 $611,569 −$2,793 −0.5% down $2,793, 0.5% versus August 2019 $575,000 51.9% 2.0
Detached 639 −97 −13.2% down 97, 13.2% versus August 2019 $675,780 +$7,956 +1.2% up $7,956, 1.2% versus August 2019 $630,000 46.0% 2.5
Semi-detached 56 −5 −8.2% down 5, 8.2% versus August 2019 $478,384 −$35,332 −6.9% down $35,332, 6.9% versus August 2019 $443,500 63.6% 1.0
Att/row/townhouse 127 +6 +5.0% up 6, 5.0% versus August 2019 $542,861 +$4,259 +0.8% up $4,259, 0.8% versus August 2019 $558,500 73.4% 1.1
Condo townhouse 66 +4 +6.5% up 4, 6.5% versus August 2019 $440,754 +$12,498 +2.9% up $12,498, 2.9% versus August 2019 $444,000 79.5% 1.1
Condo apartment 55 +6 +12.2% up 6, 12.2% versus August 2019 $385,064 −$785 −0.2% down $785, 0.2% versus August 2019 $384,900 66.3% 1.4
Link 12 −4 −25.0% down 4, 25.0% versus August 2019 $529,692 −$13,658 −2.5% down $13,658, 2.5% versus August 2019 $488,950 46.1% 2.5
Co-op apartment 0 no change no change versus August 2019 n/a not available, prior month not on file versus August 2019
Detached condo 1 no change no change versus August 2019 $479,000 +$34,000 +7.6% up $34,000, 7.6% versus August 2019 $479,000 0.0
Co-ownership apartment 0 no change no change versus August 2019 n/a not available, prior month not on file versus August 2019

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Scugog +8.9% up 8.9%
  2. Pickering +6.6% up 6.6%
  3. Ajax +0.4% up 0.4%
  4. Oshawa −1.2% down 1.2%
  5. Clarington −2.6% down 2.6%

Bottom 5

  1. Whitby −5.0% down 5.0%
  2. Uxbridge −4.2% down 4.2%
  3. Brock −3.1% down 3.1%
  4. Clarington −2.6% down 2.6%
  5. Oshawa −1.2% down 1.2%

Sales, month-over-month

Top 5

  1. Brock +16.7% up 16.7%
  2. Ajax −1.3% down 1.3%
  3. Clarington −1.5% down 1.5%
  4. Whitby −5.8% down 5.8%
  5. Uxbridge −9.1% down 9.1%

Bottom 5

  1. Oshawa −16.6% down 16.6%
  2. Pickering −16.2% down 16.2%
  3. Scugog −10.0% down 10.0%
  4. Uxbridge −9.1% down 9.1%
  5. Whitby −5.8% down 5.8%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$826,840

−$36,272 −4.2% down $36,272, 4.2% versus August 2019

Sales
30
SP/LP
99%
DOM
37
SNLR
46.9%

Full history →

Pickering focus

Pickering, Durham Region

$731,858

+$45,557 +6.6% up $45,557, 6.6% versus August 2019

Sales
124
SP/LP
98%
DOM
22
SNLR
59.0%

Full history →

Ajax focus

Ajax, Durham Region

$660,298

+$2,546 +0.4% up $2,546, 0.4% versus August 2019

Sales
158
SP/LP
99%
DOM
21
SNLR
54.3%

Full history →

Whitby focus

Whitby, Durham Region

$653,063

−$34,586 −5.0% down $34,586, 5.0% versus August 2019

Sales
162
SP/LP
99%
DOM
21
SNLR
46.4%

Full history →

Scugog focus

Scugog, Durham Region

$633,788

+$51,651 +8.9% up $51,651, 8.9% versus August 2019

Sales
27
SP/LP
97%
DOM
49
SNLR
35.1%

Full history →

Clarington focus

Clarington, Durham Region

$562,362

−$14,795 −2.6% down $14,795, 2.6% versus August 2019

Sales
192
SP/LP
99%
DOM
22
SNLR
56.3%

Full history →

Oshawa focus

Oshawa, Durham Region

$510,376

−$6,361 −1.2% down $6,361, 1.2% versus August 2019

Sales
242
SP/LP
99%
DOM
20
SNLR
52.2%

Full history →

Brock focus

Brock, Durham Region

$494,488

−$15,984 −3.1% down $15,984, 3.1% versus August 2019

Sales
21
SP/LP
98%
DOM
51
SNLR
45.6%

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 30 −3 −9.1% down 3, 9.1% versus August 2019 $24.8M $826,840 −$36,272 −4.2% down $36,272, 4.2% versus August 2019 $715,000 64 123 99% 37 46.9% 4.1
Pickering focus Pickering, Durham Region 124 −24 −16.2% down 24, 16.2% versus August 2019 $90.8M $731,858 +$45,557 +6.6% up $45,557, 6.6% versus August 2019 $641,150 210 239 98% 22 59.0% 1.9
Ajax focus Ajax, Durham Region 158 −2 −1.3% down 2, 1.3% versus August 2019 $104.3M $660,298 +$2,546 +0.4% up $2,546, 0.4% versus August 2019 $621,000 291 243 99% 21 54.3% 1.5
Whitby focus Whitby, Durham Region 162 −10 −5.8% down 10, 5.8% versus August 2019 $105.8M $653,063 −$34,586 −5.0% down $34,586, 5.0% versus August 2019 $619,950 349 330 99% 21 46.4% 2.0
Scugog focus Scugog, Durham Region 27 −3 −10.0% down 3, 10.0% versus August 2019 $17.1M $633,788 +$51,651 +8.9% up $51,651, 8.9% versus August 2019 $587,000 77 132 97% 49 35.1% 4.9
Clarington focus Clarington, Durham Region 192 −3 −1.5% down 3, 1.5% versus August 2019 $108.0M $562,362 −$14,795 −2.6% down $14,795, 2.6% versus August 2019 $533,500 341 343 99% 22 56.3% 1.8
Oshawa focus Oshawa, Durham Region 242 −48 −16.6% down 48, 16.6% versus August 2019 $123.5M $510,376 −$6,361 −1.2% down $6,361, 1.2% versus August 2019 $493,750 464 437 99% 20 52.2% 1.8
Brock focus Brock, Durham Region 21 +3 +16.7% up 3, 16.7% versus August 2019 $10.4M $494,488 −$15,984 −3.1% down $15,984, 3.1% versus August 2019 $490,000 46 89 98% 51 45.6% 4.2