Source: TRREB MarketWatch, March 2022

8 areas

Durham Region

March 2022

Headline indicators

All home types

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

$1,148,685

MoM −$80,305 −6.5% down $80,305, 6.5% versus February 2022 YoY +27.4% up 27.4% versus March 2021

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

$1,095,500

MoM −$85,500 −7.2% down $85,500, 7.2% versus February 2022 YoY +29.6% up 29.6% versus March 2021

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

$1,158,100

MoM +$20,300 +1.8% up $20,300, 1.8% versus February 2022 YoY +42.5% up 42.5% versus March 2021

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

1,390

MoM +265 +23.6% up 265, 23.6% versus February 2022 YoY −33.1% down 33.1% versus March 2021

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

$1.60B

MoM +$214,059,130 +15.5% up $214,059,130, 15.5% versus February 2022 YoY −14.7% down 14.7% versus March 2021

New listings — Properties newly listed during the month.

2,473

MoM +860 +53.3% up 860, 53.3% versus February 2022 YoY −12.9% down 12.9% versus March 2021

Active listings — Listings available at month end.

978

MoM +373 +61.7% up 373, 61.7% versus February 2022 YoY +6.5% up 6.5% versus March 2021

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

7

MoM no change no change versus February 2022 YoY no change no change versus March 2021

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

8

MoM no change no change versus February 2022 YoY no change no change versus March 2021

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

123%

MoM −6.0 pp −4.7% down 6.0 pp, 4.7% versus February 2022 YoY +8.8% up 8.8% versus March 2021

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

56.2%

MoM −13.5 pp −19.4% down 13.5 pp, 19.4% versus February 2022 YoY −23.2% down 23.2% versus March 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.

0.7

MoM +0 +30.8% up 0, 30.8% versus February 2022 YoY +59.2% up 59.2% versus March 2021

Trend

13 months to March 2022

Average price

Durham Region average selling price over the 13 months ending March 2022.
Month Average price
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
Feb '22 1228990
Mar '22 1148685

Sales

Durham Region sales over the 13 months ending March 2022.
Month Sales
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
Feb '22 1125
Mar '22 1390

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 1,390 +265 +23.6% up 265, 23.6% versus February 2022 $1,148,685 −$80,305 −6.5% down $80,305, 6.5% versus February 2022 $1,095,500 56.2% 0.7
Detached 953 +208 +27.9% up 208, 27.9% versus February 2022 $1,254,499 −$124,788 −9.0% down $124,788, 9.0% versus February 2022 $1,200,000 58.1% 0.7
Semi-detached 102 +48 +88.9% up 48, 88.9% versus February 2022 $977,258 −$97,638 −9.1% down $97,638, 9.1% versus February 2022 $975,504 59.0% 0.5
Att/row/townhouse 171 +24 +16.3% up 24, 16.3% versus February 2022 $1,008,487 −$70,341 −6.5% down $70,341, 6.5% versus February 2022 $999,000 47.4% 0.8
Condo townhouse 82 −9 −9.9% down 9, 9.9% versus February 2022 $803,688 −$41,671 −4.9% down $41,671, 4.9% versus February 2022 $838,250 52.2% 0.8
Condo apartment 65 −12 −15.6% down 12, 15.6% versus February 2022 $697,840 +$39,689 +6.0% up $39,689, 6.0% versus February 2022 $680,000 58.0% 0.8
Link 17 +6 +54.5% up 6, 54.5% versus February 2022 $1,043,635 +$61,188 +6.2% up $61,188, 6.2% versus February 2022 $1,081,000 56.7% 0.5
Co-op apartment 0 no change no change versus February 2022 $0 no change no change versus February 2022
Detached condo 0 no change no change versus February 2022 $0 no change no change versus February 2022
Co-ownership apartment 0 no change no change versus February 2022 $0 no change no change versus February 2022

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 496 $1,158,100 +42.5% up 42.5%
Single-family detached 481 $1,255,200 +42.0% up 42.0%
Single-family attached 517.6 $1,032,300 +42.0% up 42.0%
Townhouse 525.4 $826,700 +44.1% up 44.1%
Apartment 486.8 $807,800 +49.1% up 49.1%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Pickering −3.9% down 3.9%
  2. Ajax −4.0% down 4.0%
  3. Whitby −6.8% down 6.8%
  4. Clarington −6.9% down 6.9%
  5. Uxbridge −7.5% down 7.5%

Bottom 5

  1. Scugog −13.0% down 13.0%
  2. Brock −9.5% down 9.5%
  3. Oshawa −8.1% down 8.1%
  4. Uxbridge −7.5% down 7.5%
  5. Clarington −6.9% down 6.9%

Sales, month-over-month

Top 5

  1. Scugog +82.4% up 82.4%
  2. Brock +50.0% up 50.0%
  3. Uxbridge +42.3% up 42.3%
  4. Ajax +30.9% up 30.9%
  5. Clarington +24.6% up 24.6%

Bottom 5

  1. Pickering +7.9% up 7.9%
  2. Whitby +17.8% up 17.8%
  3. Oshawa +24.0% up 24.0%
  4. Clarington +24.6% up 24.6%
  5. Ajax +30.9% up 30.9%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$1,470,730

−$118,712 −7.5% down $118,712, 7.5% versus February 2022

Sales
37
SP/LP
110%
DOM
13
SNLR
82.2%

Full history →

Scugog focus

Scugog, Durham Region

$1,287,288

−$192,888 −13.0% down $192,888, 13.0% versus February 2022

Sales
31
SP/LP
123%
DOM
7
SNLR
64.6%

Full history →

Whitby focus

Whitby, Durham Region

$1,274,407

−$92,619 −6.8% down $92,619, 6.8% versus February 2022

Sales
252
SP/LP
123%
DOM
6
SNLR
52.4%

Full history →

Pickering focus

Pickering, Durham Region

$1,233,452

−$49,593 −3.9% down $49,593, 3.9% versus February 2022

Sales
164
SP/LP
122%
DOM
7
SNLR
59.0%

Full history →

Ajax focus

Ajax, Durham Region

$1,222,746

−$50,603 −4.0% down $50,603, 4.0% versus February 2022

Sales
212
SP/LP
123%
DOM
7
SNLR
53.7%

Full history →

Clarington focus

Clarington, Durham Region

$1,076,798

−$79,633 −6.9% down $79,633, 6.9% versus February 2022

Sales
253
SP/LP
124%
DOM
6
SNLR
56.0%

Full history →

Brock focus

Brock, Durham Region

$1,057,415

−$111,062 −9.5% down $111,062, 9.5% versus February 2022

Sales
33
SP/LP
113%
DOM
8
SNLR
66.0%

Full history →

Oshawa focus

Oshawa, Durham Region

$1,010,701

−$89,037 −8.1% down $89,037, 8.1% versus February 2022

Sales
408
SP/LP
124%
DOM
7
SNLR
56.4%

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 37 +11 +42.3% up 11, 42.3% versus February 2022 $54.4M $1,470,730 −$118,712 −7.5% down $118,712, 7.5% versus February 2022 $1,260,622 45 18 110% 13 15 82.2% 0.5
Scugog focus Scugog, Durham Region 31 +14 +82.4% up 14, 82.4% versus February 2022 $39.9M $1,287,288 −$192,888 −13.0% down $192,888, 13.0% versus February 2022 $1,120,000 48 24 123% 7 7 64.6% 0.8
Whitby focus Whitby, Durham Region 252 +38 +17.8% up 38, 17.8% versus February 2022 $321.2M $1,274,407 −$92,619 −6.8% down $92,619, 6.8% versus February 2022 $1,208,600 481 179 123% 6 7 52.4% 0.7
Pickering focus Pickering, Durham Region 164 +12 +7.9% up 12, 7.9% versus February 2022 $202.3M $1,233,452 −$49,593 −3.9% down $49,593, 3.9% versus February 2022 $1,155,000 278 117 122% 7 10 59.0% 0.7
Ajax focus Ajax, Durham Region 212 +50 +30.9% up 50, 30.9% versus February 2022 $259.2M $1,222,746 −$50,603 −4.0% down $50,603, 4.0% versus February 2022 $1,167,500 395 158 123% 7 9 53.7% 0.8
Clarington focus Clarington, Durham Region 253 +50 +24.6% up 50, 24.6% versus February 2022 $272.4M $1,076,798 −$79,633 −6.9% down $79,633, 6.9% versus February 2022 $1,025,000 452 179 124% 6 7 56.0% 0.7
Brock focus Brock, Durham Region 33 +11 +50.0% up 11, 50.0% versus February 2022 $34.9M $1,057,415 −$111,062 −9.5% down $111,062, 9.5% versus February 2022 $925,000 50 23 113% 8 9 66.0% 0.7
Oshawa focus Oshawa, Durham Region 408 +79 +24.0% up 79, 24.0% versus February 2022 $412.4M $1,010,701 −$89,037 −8.1% down $89,037, 8.1% versus February 2022 $950,001 724 280 124% 7 8 56.4% 0.7