Source: TRREB MarketWatch, July 2020

8 areas

Durham Region

July 2020

Headline indicators

All home types

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

$709,640

MoM +$23,985 +3.5% up $23,985, 3.5% versus June 2020 YoY +17.3% up 17.3% versus July 2019

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

$670,100

MoM +$20,100 +3.1% up $20,100, 3.1% versus June 2020 YoY +16.5% up 16.5% versus July 2019

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

$639,700

MoM +$26,600 +4.3% up $26,600, 4.3% versus June 2020 YoY +12.3% up 12.3% versus July 2019

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

1,583

MoM +302 +23.6% up 302, 23.6% versus June 2020 YoY +52.1% up 52.1% versus July 2019

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

$1.12B

MoM +$245,036,730 +27.9% up $245,036,730, 27.9% versus June 2020 YoY +78.4% up 78.4% versus July 2019

New listings — Properties newly listed during the month.

1,905

MoM +48 +2.6% up 48, 2.6% versus June 2020 YoY +0.7% up 0.7% versus July 2019

Active listings — Listings available at month end.

1,185

MoM −97 −7.6% down 97, 7.6% versus June 2020 YoY −45.5% down 45.5% versus July 2019

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

16

MoM +1 day +6.7% up 1 day, 6.7% versus June 2020 YoY n/a not available, prior month not on file versus July 2019

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

20

MoM −3 days −13.0% down 3 days, 13.0% versus June 2020 YoY n/a not available, prior month not on file versus July 2019

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

102%

MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus June 2020 YoY +4.1% up 4.1% versus July 2019

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

83.1%

MoM +14.1 pp +20.5% up 14.1 pp, 20.5% versus June 2020 YoY +51.0% up 51.0% versus July 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.

0.8

MoM −0 −25.2% down 0, 25.2% versus June 2020 YoY −64.2% down 64.2% versus July 2019

Trend

13 months to July 2020

Average price

Durham Region average selling price over the 13 months ending July 2020.
Month Average price
Jul '19 604938
Aug '19 614362
Sep '19 611569
Oct '19 613606
Nov '19 611872
Dec '19 640269
Jan '20 655781
Feb '20 657788
Mar '20 656211
Apr '20 612563
May '20 651590
Jun '20 685655
Jul '20 709640

Sales

Durham Region sales over the 13 months ending July 2020.
Month Sales
Jul '19 1041
Aug '19 1046
Sep '19 956
Oct '19 968
Nov '19 872
Dec '19 518
Jan '20 586
Feb '20 890
Mar '20 1101
Apr '20 513
May '20 770
Jun '20 1281
Jul '20 1583

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 1,583 +302 +23.6% up 302, 23.6% versus June 2020 $709,640 +$23,985 +3.5% up $23,985, 3.5% versus June 2020 $670,100 83.1% 0.8
Detached 1,091 +214 +24.4% up 214, 24.4% versus June 2020 $779,430 +$27,360 +3.6% up $27,360, 3.6% versus June 2020 $737,000 83.6% 0.8
Semi-detached 102 +20 +24.4% up 20, 24.4% versus June 2020 $582,139 +$17,975 +3.2% up $17,975, 3.2% versus June 2020 $550,500 92.7% 0.5
Att/row/townhouse 191 +22 +13.0% up 22, 13.0% versus June 2020 $627,122 +$35,310 +6.0% up $35,310, 6.0% versus June 2020 $630,000 82.3% 0.5
Condo townhouse 103 +25 +32.1% up 25, 32.1% versus June 2020 $494,669 +$23,368 +5.0% up $23,368, 5.0% versus June 2020 $499,500 75.7% 0.7
Condo apartment 83 +24 +40.7% up 24, 40.7% versus June 2020 $421,090 −$17,321 −4.0% down $17,321, 4.0% versus June 2020 $418,000 85.6% 1.1
Link 12 −3 −20.0% down 3, 20.0% versus June 2020 $620,417 +$2,884 +0.5% up $2,884, 0.5% versus June 2020 $617,500 48.0% 1.3
Co-op apartment 0 no change no change versus June 2020 $0 no change no change versus June 2020
Detached condo 1 no change no change versus June 2020 $498,000 −$92,000 −15.6% down $92,000, 15.6% versus June 2020 $498,000 0.0
Co-ownership apartment 0 no change no change versus June 2020 $0 no change no change versus June 2020

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 274.5 $639,700 +12.3% up 12.3%
Single-family detached 266.4 $691,000 +11.8% up 11.8%
Single-family attached 284.2 $567,500 +13.8% up 13.8%
Townhouse 308.2 $479,500 +15.6% up 15.6%
Apartment 274.4 $465,600 +11.0% up 11.0%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Scugog +27.5% up 27.5%
  2. Pickering +8.6% up 8.6%
  3. Uxbridge +7.2% up 7.2%
  4. Oshawa +5.0% up 5.0%
  5. Brock +3.4% up 3.4%

Bottom 5

  1. Whitby −1.5% down 1.5%
  2. Ajax +1.2% up 1.2%
  3. Clarington +2.5% up 2.5%
  4. Brock +3.4% up 3.4%
  5. Oshawa +5.0% up 5.0%

Sales, month-over-month

Top 5

  1. Brock +113.0% up 113.0%
  2. Ajax +27.4% up 27.4%
  3. Whitby +24.8% up 24.8%
  4. Pickering +24.2% up 24.2%
  5. Clarington +23.8% up 23.8%

Bottom 5

  1. Uxbridge −18.5% down 18.5%
  2. Scugog +16.7% up 16.7%
  3. Oshawa +21.7% up 21.7%
  4. Clarington +23.8% up 23.8%
  5. Pickering +24.2% up 24.2%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$884,750

+$59,678 +7.2% up $59,678, 7.2% versus June 2020

Sales
44
SP/LP
100%
DOM
23
SNLR
55.7%

Full history →

Scugog focus

Scugog, Durham Region

$871,428

+$187,892 +27.5% up $187,892, 27.5% versus June 2020

Sales
49
SP/LP
97%
DOM
38
SNLR
81.7%

Full history →

Pickering focus

Pickering, Durham Region

$838,833

+$66,596 +8.6% up $66,596, 8.6% versus June 2020

Sales
200
SP/LP
101%
DOM
17
SNLR
76.0%

Full history →

Ajax focus

Ajax, Durham Region

$754,491

+$8,902 +1.2% up $8,902, 1.2% versus June 2020

Sales
223
SP/LP
103%
DOM
12
SNLR
81.7%

Full history →

Whitby focus

Whitby, Durham Region

$749,817

−$11,325 −1.5% down $11,325, 1.5% versus June 2020

Sales
312
SP/LP
102%
DOM
12
SNLR
84.3%

Full history →

Clarington focus

Clarington, Durham Region

$648,167

+$16,055 +2.5% up $16,055, 2.5% versus June 2020

Sales
297
SP/LP
102%
DOM
15
SNLR
92.2%

Full history →

Brock focus

Brock, Durham Region

$634,941

+$20,893 +3.4% up $20,893, 3.4% versus June 2020

Sales
49
SP/LP
100%
DOM
29
SNLR
122.5%

Full history →

Oshawa focus

Oshawa, Durham Region

$606,731

+$28,940 +5.0% up $28,940, 5.0% versus June 2020

Sales
409
SP/LP
103%
DOM
15
SNLR
82.1%

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 44 −10 −18.5% down 10, 18.5% versus June 2020 $38.9M $884,750 +$59,678 +7.2% up $59,678, 7.2% versus June 2020 $852,500 79 89 100% 23 24 55.7% 2.0
Scugog focus Scugog, Durham Region 49 +7 +16.7% up 7, 16.7% versus June 2020 $42.7M $871,428 +$187,892 +27.5% up $187,892, 27.5% versus June 2020 $715,000 60 73 97% 38 44 81.7% 1.5
Pickering focus Pickering, Durham Region 200 +39 +24.2% up 39, 24.2% versus June 2020 $167.8M $838,833 +$66,596 +8.6% up $66,596, 8.6% versus June 2020 $753,000 263 186 101% 17 24 76.0% 0.9
Ajax focus Ajax, Durham Region 223 +48 +27.4% up 48, 27.4% versus June 2020 $168.3M $754,491 +$8,902 +1.2% up $8,902, 1.2% versus June 2020 $725,000 273 139 103% 12 15 81.7% 0.6
Whitby focus Whitby, Durham Region 312 +62 +24.8% up 62, 24.8% versus June 2020 $233.9M $749,817 −$11,325 −1.5% down $11,325, 1.5% versus June 2020 $726,250 370 201 102% 12 15 84.3% 0.6
Clarington focus Clarington, Durham Region 297 +57 +23.8% up 57, 23.8% versus June 2020 $192.5M $648,167 +$16,055 +2.5% up $16,055, 2.5% versus June 2020 $615,000 322 207 102% 15 20 92.2% 0.7
Brock focus Brock, Durham Region 49 +26 +113.0% up 26, 113.0% versus June 2020 $31.1M $634,941 +$20,893 +3.4% up $20,893, 3.4% versus June 2020 $559,500 40 29 100% 29 37 122.5% 0.6
Oshawa focus Oshawa, Durham Region 409 +73 +21.7% up 73, 21.7% versus June 2020 $248.2M $606,731 +$28,940 +5.0% up $28,940, 5.0% versus June 2020 $595,000 498 261 103% 15 20 82.1% 0.6