Source: TRREB MarketWatch, February 2020

8 areas

Durham Region

February 2020

Headline indicators

All home types

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

$657,788

MoM +$2,007 +0.3% up $2,007, 0.3% versus January 2020 YoY +13.3% up 13.3% versus February 2019

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

$634,900

MoM +$20,550 +3.3% up $20,550, 3.3% versus January 2020 YoY +14.4% up 14.4% versus February 2019

MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.

$595,600

MoM +$12,600 +2.2% up $12,600, 2.2% versus January 2020 YoY +9.3% up 9.3% versus February 2019

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

890

MoM +304 +51.9% up 304, 51.9% versus January 2020 YoY +52.1% up 52.1% versus February 2019

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

$585.4M

MoM +$201,143,737 +52.3% up $201,143,737, 52.3% versus January 2020 YoY +72.3% up 72.3% versus February 2019

New listings — Properties newly listed during the month.

1,293

MoM +349 +37.0% up 349, 37.0% versus January 2020 YoY +13.4% up 13.4% versus February 2019

Active listings — Listings available at month end.

1,036

MoM +131 +14.5% up 131, 14.5% versus January 2020 YoY −31.1% down 31.1% versus February 2019

Avg. LDOM — Average days on market for the current listing. Not reported before 2020.

17

MoM −14 days −45.2% down 14 days, 45.2% versus January 2020 YoY n/a not available, prior month not on file versus February 2019

Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.

22

MoM −20 days −47.6% down 20 days, 47.6% versus January 2020 YoY n/a not available, prior month not on file versus February 2019

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

101%

MoM +2.0 pp +2.0% up 2.0 pp, 2.0% versus January 2020 YoY +3.1% up 3.1% versus February 2019

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

68.8%

MoM +6.8 pp +10.9% up 6.8 pp, 10.9% versus January 2020 YoY +34.1% up 34.1% versus February 2019

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.

1.2

MoM −0 −24.6% down 0, 24.6% versus January 2020 YoY −54.7% down 54.7% versus February 2019

Trend

13 months to February 2020

Average price

Durham Region average selling price over the 13 months ending February 2020.
Month Average price
Feb '19 580743
Mar '19 604796
Apr '19 612195
May '19 622292
Jun '19 620506
Jul '19 604938
Aug '19 614362
Sep '19 611569
Oct '19 613606
Nov '19 611872
Dec '19 640269
Jan '20 655781
Feb '20 657788

Sales

Durham Region sales over the 13 months ending February 2020.
Month Sales
Feb '19 585
Mar '19 839
Apr '19 1075
May '19 1176
Jun '19 1093
Jul '19 1041
Aug '19 1046
Sep '19 956
Oct '19 968
Nov '19 872
Dec '19 518
Jan '20 586
Feb '20 890

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 890 +304 +51.9% up 304, 51.9% versus January 2020 $657,788 +$2,007 +0.3% up $2,007, 0.3% versus January 2020 $634,900 68.8% 1.2
Detached 620 +213 +52.3% up 213, 52.3% versus January 2020 $717,293 −$5,529 −0.8% down $5,529, 0.8% versus January 2020 $690,000 65.2% 1.3
Semi-detached 57 +24 +72.7% up 24, 72.7% versus January 2020 $519,339 −$923 −0.2% down $923, 0.2% versus January 2020 $508,000 87.7% 0.4
Att/row/townhouse 98 +22 +28.9% up 22, 28.9% versus January 2020 $591,303 +$12,421 +2.1% up $12,421, 2.1% versus January 2020 $605,000 84.5% 0.6
Condo townhouse 45 +16 +55.2% up 16, 55.2% versus January 2020 $448,247 +$20,350 +4.8% up $20,350, 4.8% versus January 2020 $450,000 63.4% 1.3
Condo apartment 54 +15 +38.5% up 15, 38.5% versus January 2020 $442,154 +$48,078 +12.2% up $48,078, 12.2% versus January 2020 $436,500 84.4% 1.1
Link 16 +14 +700.0% up 14, 700.0% versus January 2020 $569,500 −$9,250 −1.6% down $9,250, 1.6% versus January 2020 $559,000 61.5% 1.0
Co-op apartment 0 no change no change versus January 2020 $0 no change no change versus January 2020
Detached condo 0 no change no change versus January 2020 $0 no change no change versus January 2020
Co-ownership apartment 0 no change no change versus January 2020 $0 no change no change versus January 2020

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 255 $595,600 +9.3% up 9.3%
Single-family detached 248.6 $646,000 +8.8% up 8.8%
Single-family attached 264.1 $527,500 +10.2% up 10.2%
Townhouse 266.6 $422,800 +9.2% up 9.2%
Apartment 258.6 $438,800 +10.9% up 10.9%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Scugog +9.9% up 9.9%
  2. Oshawa +5.1% up 5.1%
  3. Whitby +3.9% up 3.9%
  4. Ajax +2.6% up 2.6%
  5. Clarington +0.7% up 0.7%

Bottom 5

  1. Uxbridge −16.4% down 16.4%
  2. Brock −14.3% down 14.3%
  3. Pickering −2.1% down 2.1%
  4. Clarington +0.7% up 0.7%
  5. Ajax +2.6% up 2.6%

Sales, month-over-month

Top 5

  1. Clarington +74.2% up 74.2%
  2. Ajax +65.4% up 65.4%
  3. Scugog +62.5% up 62.5%
  4. Oshawa +62.1% up 62.1%
  5. Whitby +49.1% up 49.1%

Bottom 5

  1. Uxbridge −33.3% down 33.3%
  2. Brock −20.0% down 20.0%
  3. Pickering +30.9% up 30.9%
  4. Whitby +49.1% up 49.1%
  5. Oshawa +62.1% up 62.1%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$818,889

−$160,089 −16.4% down $160,089, 16.4% versus January 2020

Sales
18
SP/LP
98%
DOM
27
SNLR
40.9%

Full history →

Scugog focus

Scugog, Durham Region

$745,185

+$67,254 +9.9% up $67,254, 9.9% versus January 2020

Sales
26
SP/LP
98%
DOM
42
SNLR
66.7%

Full history →

Pickering focus

Pickering, Durham Region

$739,512

−$15,546 −2.1% down $15,546, 2.1% versus January 2020

Sales
89
SP/LP
102%
DOM
15
SNLR
55.6%

Full history →

Ajax focus

Ajax, Durham Region

$731,059

+$18,509 +2.6% up $18,509, 2.6% versus January 2020

Sales
134
SP/LP
102%
DOM
11
SNLR
76.6%

Full history →

Whitby focus

Whitby, Durham Region

$721,382

+$27,273 +3.9% up $27,273, 3.9% versus January 2020

Sales
161
SP/LP
102%
DOM
14
SNLR
68.5%

Full history →

Clarington focus

Clarington, Durham Region

$621,033

+$4,427 +0.7% up $4,427, 0.7% versus January 2020

Sales
155
SP/LP
99%
DOM
21
SNLR
66.0%

Full history →

Oshawa focus

Oshawa, Durham Region

$573,229

+$27,614 +5.1% up $27,614, 5.1% versus January 2020

Sales
295
SP/LP
102%
DOM
15
SNLR
78.5%

Full history →

Brock focus

Brock, Durham Region

$502,742

−$84,198 −14.3% down $84,198, 14.3% versus January 2020

Sales
12
SP/LP
98%
DOM
49
SNLR
41.4%

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 18 −9 −33.3% down 9, 33.3% versus January 2020 $14.7M $818,889 −$160,089 −16.4% down $160,089, 16.4% versus January 2020 $811,500 44 66 98% 27 35 40.9% 3.7
Scugog focus Scugog, Durham Region 26 +10 +62.5% up 10, 62.5% versus January 2020 $19.4M $745,185 +$67,254 +9.9% up $67,254, 9.9% versus January 2020 $704,500 39 67 98% 42 54 66.7% 2.6
Pickering focus Pickering, Durham Region 89 +21 +30.9% up 21, 30.9% versus January 2020 $65.8M $739,512 −$15,546 −2.1% down $15,546, 2.1% versus January 2020 $705,000 160 138 102% 15 24 55.6% 1.6
Ajax focus Ajax, Durham Region 134 +53 +65.4% up 53, 65.4% versus January 2020 $98.0M $731,059 +$18,509 +2.6% up $18,509, 2.6% versus January 2020 $718,250 175 97 102% 11 14 76.6% 0.7
Whitby focus Whitby, Durham Region 161 +53 +49.1% up 53, 49.1% versus January 2020 $116.1M $721,382 +$27,273 +3.9% up $27,273, 3.9% versus January 2020 $690,000 235 166 102% 14 17 68.5% 1.0
Clarington focus Clarington, Durham Region 155 +66 +74.2% up 66, 74.2% versus January 2020 $96.3M $621,033 +$4,427 +0.7% up $4,427, 0.7% versus January 2020 $595,000 235 227 99% 21 27 66.0% 1.5
Oshawa focus Oshawa, Durham Region 295 +113 +62.1% up 113, 62.1% versus January 2020 $169.1M $573,229 +$27,614 +5.1% up $27,614, 5.1% versus January 2020 $552,000 376 228 102% 15 19 78.5% 0.8
Brock focus Brock, Durham Region 12 −3 −20.0% down 3, 20.0% versus January 2020 $6.0M $502,742 −$84,198 −14.3% down $84,198, 14.3% versus January 2020 $469,950 29 47 98% 49 73 41.4% 3.9