Source: TRREB MarketWatch, January 2022

8 areas

Durham Region

January 2022

Headline indicators

All home types

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

$1,175,010

MoM +$141,978 +13.7% up $141,978, 13.7% versus December 2021 YoY +34.1% up 34.1% versus January 2021

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

$1,115,000

MoM +$130,000 +13.2% up $130,000, 13.2% versus December 2021 YoY +35.2% up 35.2% versus January 2021

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

$1,056,300

MoM +$53,700 +5.4% up $53,700, 5.4% versus December 2021 YoY +44.6% up 44.6% versus January 2021

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

609

MoM −62 −9.2% down 62, 9.2% versus December 2021 YoY −6.5% down 6.5% versus January 2021

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

$715.6M

MoM +$22,416,431 +3.2% up $22,416,431, 3.2% versus December 2021 YoY +25.5% up 25.5% versus January 2021

New listings — Properties newly listed during the month.

874

MoM +309 +54.7% up 309, 54.7% versus December 2021 YoY −7.5% down 7.5% versus January 2021

Active listings — Listings available at month end.

336

MoM +184 +121.1% up 184, 121.1% versus December 2021 YoY −25.5% down 25.5% versus January 2021

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

7

MoM −2 days −22.2% down 2 days, 22.2% versus December 2021 YoY −41.7% down 41.7% versus January 2021

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

10

MoM −1 day −9.1% down 1 day, 9.1% versus December 2021 YoY −37.5% down 37.5% versus January 2021

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

127%

MoM +8.0 pp +6.7% up 8.0 pp, 6.7% versus December 2021 YoY +15.5% up 15.5% versus January 2021

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

69.7%

MoM −49.1 pp −41.3% down 49.1 pp, 41.3% versus December 2021 YoY +1.1% up 1.1% versus January 2021

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.

0.6

MoM +0 +143.6% up 0, 143.6% versus December 2021 YoY −20.4% down 20.4% versus January 2021

Trend

13 months to January 2022

Average price

Durham Region average selling price over the 13 months ending January 2022.
Month Average price
Jan '21 876133
Feb '21 895441
Mar '21 901322
Apr '21 897741
May '21 902135
Jun '21 917267
Jul '21 910197
Aug '21 918133
Sep '21 968136
Oct '21 988354
Nov '21 998594
Dec '21 1033032
Jan '22 1175010

Sales

Durham Region sales over the 13 months ending January 2022.
Month Sales
Jan '21 651
Feb '21 1384
Mar '21 2077
Apr '21 1771
May '21 1574
Jun '21 1425
Jul '21 1104
Aug '21 1048
Sep '21 1006
Oct '21 1047
Nov '21 1013
Dec '21 671
Jan '22 609

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 609 −62 −9.2% down 62, 9.2% versus December 2021 $1,175,010 +$141,978 +13.7% up $141,978, 13.7% versus December 2021 $1,115,000 69.7% 0.6
Detached 393 −9 −2.2% down 9, 2.2% versus December 2021 $1,325,708 +$146,851 +12.5% up $146,851, 12.5% versus December 2021 $1,280,000 67.4% 0.6
Semi-detached 32 −20 −38.5% down 20, 38.5% versus December 2021 $999,122 +$108,011 +12.1% up $108,011, 12.1% versus December 2021 $997,450 94.1% 0.1
Att/row/townhouse 94 +7 +8.0% up 7, 8.0% versus December 2021 $1,037,536 +$87,654 +9.2% up $87,654, 9.2% versus December 2021 $1,003,500 75.8% 0.4
Condo townhouse 39 −28 −41.8% down 28, 41.8% versus December 2021 $818,929 +$72,733 +9.7% up $72,733, 9.7% versus December 2021 $850,000 69.6% 0.4
Condo apartment 46 −4 −8.0% down 4, 8.0% versus December 2021 $604,964 +$44,692 +8.0% up $44,692, 8.0% versus December 2021 $621,111 66.7% 0.7
Link 5 −6 −54.5% down 6, 54.5% versus December 2021 $1,062,200 +$90,117 +9.3% up $90,117, 9.3% versus December 2021 $1,030,000 62.5% 0.6
Co-op apartment 0 no change no change versus December 2021 $0 no change no change versus December 2021
Detached condo 0 −2 −100.0% down 2, 100.0% versus December 2021 $0 −$792,500 −100.0% down $792,500, 100.0% versus December 2021
Co-ownership apartment 0 no change no change versus December 2021 $0 no change no change versus December 2021

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 452.4 $1,056,300 +44.6% up 44.6%
Single-family detached 440 $1,148,200 +44.8% up 44.8%
Single-family attached 478.7 $954,700 +45.5% up 45.5%
Townhouse 472.5 $743,400 +43.8% up 43.8%
Apartment 411.2 $682,300 +34.7% up 34.7%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Brock +24.5% up 24.5%
  2. Scugog +23.1% up 23.1%
  3. Pickering +22.7% up 22.7%
  4. Whitby +17.6% up 17.6%
  5. Ajax +13.9% up 13.9%

Bottom 5

  1. Uxbridge −18.2% down 18.2%
  2. Oshawa +11.8% up 11.8%
  3. Clarington +12.4% up 12.4%
  4. Ajax +13.9% up 13.9%
  5. Whitby +17.6% up 17.6%

Sales, month-over-month

Top 5

  1. Brock +16.7% up 16.7%
  2. Ajax −1.2% down 1.2%
  3. Oshawa −5.2% down 5.2%
  4. Whitby −7.9% down 7.9%
  5. Pickering −9.8% down 9.8%

Bottom 5

  1. Clarington −23.4% down 23.4%
  2. Scugog −17.6% down 17.6%
  3. Uxbridge −10.5% down 10.5%
  4. Pickering −9.8% down 9.8%
  5. Whitby −7.9% down 7.9%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$1,478,882

−$329,533 −18.2% down $329,533, 18.2% versus December 2021

Sales
17
SP/LP
113%
DOM
18
SNLR
65.4%

Full history →

Whitby focus

Whitby, Durham Region

$1,278,474

+$190,964 +17.6% up $190,964, 17.6% versus December 2021

Sales
117
SP/LP
131%
DOM
5
SNLR
68.4%

Full history →

Pickering focus

Pickering, Durham Region

$1,273,764

+$235,912 +22.7% up $235,912, 22.7% versus December 2021

Sales
83
SP/LP
125%
DOM
5
SNLR
71.5%

Full history →

Scugog focus

Scugog, Durham Region

$1,255,114

+$235,395 +23.1% up $235,395, 23.1% versus December 2021

Sales
14
SP/LP
105%
DOM
25
SNLR
87.5%

Full history →

Ajax focus

Ajax, Durham Region

$1,240,256

+$151,128 +13.9% up $151,128, 13.9% versus December 2021

Sales
85
SP/LP
132%
DOM
6
SNLR
70.3%

Full history →

Clarington focus

Clarington, Durham Region

$1,147,279

+$127,007 +12.4% up $127,007, 12.4% versus December 2021

Sales
95
SP/LP
127%
DOM
8
SNLR
66.0%

Full history →

Brock focus

Brock, Durham Region

$1,093,471

+$215,471 +24.5% up $215,471, 24.5% versus December 2021

Sales
14
SP/LP
106%
DOM
10
SNLR
77.8%

Full history →

Oshawa focus

Oshawa, Durham Region

$1,020,884

+$107,696 +11.8% up $107,696, 11.8% versus December 2021

Sales
184
SP/LP
130%
DOM
8
SNLR
70.2%

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 17 −2 −10.5% down 2, 10.5% versus December 2021 $25.1M $1,478,882 −$329,533 −18.2% down $329,533, 18.2% versus December 2021 $1,210,000 26 14 113% 18 19 65.4% 0.8
Whitby focus Whitby, Durham Region 117 −10 −7.9% down 10, 7.9% versus December 2021 $149.6M $1,278,474 +$190,964 +17.6% up $190,964, 17.6% versus December 2021 $1,225,000 171 51 131% 5 6 68.4% 0.4
Pickering focus Pickering, Durham Region 83 −9 −9.8% down 9, 9.8% versus December 2021 $105.7M $1,273,764 +$235,912 +22.7% up $235,912, 22.7% versus December 2021 $1,225,000 116 48 125% 5 7 71.5% 0.6
Scugog focus Scugog, Durham Region 14 −3 −17.6% down 3, 17.6% versus December 2021 $17.6M $1,255,114 +$235,395 +23.1% up $235,395, 23.1% versus December 2021 $1,070,000 16 11 105% 25 55 87.5% 0.8
Ajax focus Ajax, Durham Region 85 −1 −1.2% down 1, 1.2% versus December 2021 $105.4M $1,240,256 +$151,128 +13.9% up $151,128, 13.9% versus December 2021 $1,200,000 121 42 132% 6 8 70.3% 0.5
Clarington focus Clarington, Durham Region 95 −29 −23.4% down 29, 23.4% versus December 2021 $109.0M $1,147,279 +$127,007 +12.4% up $127,007, 12.4% versus December 2021 $1,091,000 144 61 127% 8 10 66.0% 0.6
Brock focus Brock, Durham Region 14 +2 +16.7% up 2, 16.7% versus December 2021 $15.3M $1,093,471 +$215,471 +24.5% up $215,471, 24.5% versus December 2021 $900,000 18 12 106% 10 19 77.8% 0.9
Oshawa focus Oshawa, Durham Region 184 −10 −5.2% down 10, 5.2% versus December 2021 $187.8M $1,020,884 +$107,696 +11.8% up $107,696, 11.8% versus December 2021 $995,500 262 97 130% 8 10 70.2% 0.5