Source: TRREB MarketWatch, August 2020

8 areas

Durham Region

August 2020

Headline indicators

All home types

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

$734,136

MoM +$24,496 +3.5% up $24,496, 3.5% versus July 2020 YoY +19.5% up 19.5% versus August 2019

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

$689,800

MoM +$19,700 +2.9% up $19,700, 2.9% versus July 2020 YoY +17.9% up 17.9% versus August 2019

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

$653,400

MoM +$13,700 +2.1% up $13,700, 2.1% versus July 2020 YoY +15.1% up 15.1% versus August 2019

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

1,515

MoM −68 −4.3% down 68, 4.3% versus July 2020 YoY +44.8% up 44.8% versus August 2019

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

$1.11B

MoM −$11,144,872 −1.0% down $11,144,872, 1.0% versus July 2020 YoY +73.1% up 73.1% versus August 2019

New listings — Properties newly listed during the month.

1,839

MoM −66 −3.5% down 66, 3.5% versus July 2020 YoY +19.3% up 19.3% versus August 2019

Active listings — Listings available at month end.

1,105

MoM −80 −6.8% down 80, 6.8% versus July 2020 YoY −42.4% down 42.4% versus August 2019

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

14

MoM −2 days −12.5% down 2 days, 12.5% versus July 2020 YoY n/a not available, prior month not on file versus August 2019

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

18

MoM −2 days −10.0% down 2 days, 10.0% versus July 2020 YoY n/a not available, prior month not on file versus August 2019

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

103%

MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus July 2020 YoY +5.1% up 5.1% versus August 2019

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

82.4%

MoM −0.7 pp −0.9% down 0.7 pp, 0.9% versus July 2020 YoY +21.4% up 21.4% versus August 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.

0.7

MoM −0 −2.6% down 0, 2.6% versus July 2020 YoY −60.2% down 60.2% versus August 2019

Trend

13 months to August 2020

Average price

Durham Region average selling price over the 13 months ending August 2020.
Month Average price
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
Aug '20 734136

Sales

Durham Region sales over the 13 months ending August 2020.
Month Sales
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
Aug '20 1515

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 1,515 −68 −4.3% down 68, 4.3% versus July 2020 $734,136 +$24,496 +3.5% up $24,496, 3.5% versus July 2020 $689,800 82.4% 0.7
Detached 1,032 −59 −5.4% down 59, 5.4% versus July 2020 $813,740 +$34,310 +4.4% up $34,310, 4.4% versus July 2020 $770,000 81.2% 0.8
Semi-detached 85 −17 −16.7% down 17, 16.7% versus July 2020 $592,362 +$10,223 +1.8% up $10,223, 1.8% versus July 2020 $570,000 92.4% 0.5
Att/row/townhouse 176 −15 −7.9% down 15, 7.9% versus July 2020 $630,918 +$3,796 +0.6% up $3,796, 0.6% versus July 2020 $635,000 82.2% 0.6
Condo townhouse 113 +10 +9.7% up 10, 9.7% versus July 2020 $504,890 +$10,221 +2.1% up $10,221, 2.1% versus July 2020 $520,000 83.1% 0.6
Condo apartment 75 −8 −9.6% down 8, 9.6% versus July 2020 $435,633 +$14,543 +3.5% up $14,543, 3.5% versus July 2020 $424,500 84.3% 1.1
Link 34 +22 +183.3% up 22, 183.3% versus July 2020 $627,026 +$6,609 +1.1% up $6,609, 1.1% versus July 2020 $610,000 91.9% 0.3
Co-op apartment 0 no change no change versus July 2020 $0 no change no change versus July 2020
Detached condo 0 −1 −100.0% down 1, 100.0% versus July 2020 $0 −$498,000 −100.0% down $498,000, 100.0% versus July 2020
Co-ownership apartment 0 no change no change versus July 2020 $0 no change no change versus July 2020

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 280.4 $653,400 +15.1% up 15.1%
Single-family detached 272.3 $706,300 +14.6% up 14.6%
Single-family attached 290.7 $580,500 +16.7% up 16.7%
Townhouse 309.4 $481,300 +15.4% up 15.4%
Apartment 277.4 $470,700 +14.1% up 14.1%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Uxbridge +12.3% up 12.3%
  2. Whitby +6.4% up 6.4%
  3. Scugog +4.5% up 4.5%
  4. Clarington +3.0% up 3.0%
  5. Ajax +2.2% up 2.2%

Bottom 5

  1. Pickering −0.1% down 0.1%
  2. Oshawa +1.0% up 1.0%
  3. Brock +1.3% up 1.3%
  4. Ajax +2.2% up 2.2%
  5. Clarington +3.0% up 3.0%

Sales, month-over-month

Top 5

  1. Uxbridge +38.6% up 38.6%
  2. Ajax +6.7% up 6.7%
  3. Oshawa +2.7% up 2.7%
  4. Whitby −4.8% down 4.8%
  5. Scugog −10.2% down 10.2%

Bottom 5

  1. Brock −38.8% down 38.8%
  2. Clarington −17.2% down 17.2%
  3. Pickering −10.5% down 10.5%
  4. Scugog −10.2% down 10.2%
  5. Whitby −4.8% down 4.8%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$993,924

+$109,174 +12.3% up $109,174, 12.3% versus July 2020

Sales
61
SP/LP
99%
DOM
30
SNLR
129.8%

Full history →

Scugog focus

Scugog, Durham Region

$910,848

+$39,420 +4.5% up $39,420, 4.5% versus July 2020

Sales
44
SP/LP
99%
DOM
27
SNLR
81.5%

Full history →

Pickering focus

Pickering, Durham Region

$838,119

−$714 −0.1% down $714, 0.1% versus July 2020

Sales
179
SP/LP
102%
DOM
16
SNLR
71.0%

Full history →

Whitby focus

Whitby, Durham Region

$797,834

+$48,017 +6.4% up $48,017, 6.4% versus July 2020

Sales
297
SP/LP
103%
DOM
13
SNLR
83.4%

Full history →

Ajax focus

Ajax, Durham Region

$771,143

+$16,652 +2.2% up $16,652, 2.2% versus July 2020

Sales
238
SP/LP
104%
DOM
11
SNLR
79.1%

Full history →

Clarington focus

Clarington, Durham Region

$667,928

+$19,761 +3.0% up $19,761, 3.0% versus July 2020

Sales
246
SP/LP
103%
DOM
11
SNLR
77.6%

Full history →

Brock focus

Brock, Durham Region

$643,221

+$8,280 +1.3% up $8,280, 1.3% versus July 2020

Sales
30
SP/LP
100%
DOM
22
SNLR
88.2%

Full history →

Oshawa focus

Oshawa, Durham Region

$612,833

+$6,102 +1.0% up $6,102, 1.0% versus July 2020

Sales
420
SP/LP
105%
DOM
11
SNLR
87.9%

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 61 +17 +38.6% up 17, 38.6% versus July 2020 $60.6M $993,924 +$109,174 +12.3% up $109,174, 12.3% versus July 2020 $880,000 47 58 99% 30 39 129.8% 0.9
Scugog focus Scugog, Durham Region 44 −5 −10.2% down 5, 10.2% versus July 2020 $40.1M $910,848 +$39,420 +4.5% up $39,420, 4.5% versus July 2020 $737,500 54 66 99% 27 37 81.5% 1.5
Pickering focus Pickering, Durham Region 179 −21 −10.5% down 21, 10.5% versus July 2020 $150.0M $838,119 −$714 −0.1% down $714, 0.1% versus July 2020 $775,000 252 189 102% 16 22 71.0% 1.1
Whitby focus Whitby, Durham Region 297 −15 −4.8% down 15, 4.8% versus July 2020 $237.0M $797,834 +$48,017 +6.4% up $48,017, 6.4% versus July 2020 $759,500 356 178 103% 13 17 83.4% 0.6
Ajax focus Ajax, Durham Region 238 +15 +6.7% up 15, 6.7% versus July 2020 $183.5M $771,143 +$16,652 +2.2% up $16,652, 2.2% versus July 2020 $740,000 301 141 104% 11 13 79.1% 0.6
Clarington focus Clarington, Durham Region 246 −51 −17.2% down 51, 17.2% versus July 2020 $164.3M $667,928 +$19,761 +3.0% up $19,761, 3.0% versus July 2020 $645,375 317 211 103% 11 14 77.6% 0.9
Brock focus Brock, Durham Region 30 −19 −38.8% down 19, 38.8% versus July 2020 $19.3M $643,221 +$8,280 +1.3% up $8,280, 1.3% versus July 2020 $533,010 34 27 100% 22 43 88.2% 0.9
Oshawa focus Oshawa, Durham Region 420 +11 +2.7% up 11, 2.7% versus July 2020 $257.4M $612,833 +$6,102 +1.0% up $6,102, 1.0% versus July 2020 $601,700 478 235 105% 11 14 87.9% 0.6