Source: TRREB MarketWatch, May 2022

8 areas

Durham Region

May 2022

Headline indicators

All home types

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

$995,668

MoM −$79,664 −7.4% down $79,664, 7.4% versus April 2022 YoY +10.4% up 10.4% versus May 2021

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

$930,000

MoM −$69,999 −7.0% down $69,999, 7.0% versus April 2022 YoY +10.7% up 10.7% versus May 2021

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

$1,110,500

MoM −$18,400 −1.6% down $18,400, 1.6% versus April 2022 YoY +28.5% up 28.5% versus May 2021

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

1,025

MoM −64 −5.9% down 64, 5.9% versus April 2022 YoY −34.9% down 34.9% versus May 2021

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

$1.02B

MoM −$150,477,538 −12.8% down $150,477,538, 12.8% versus April 2022 YoY −28.1% down 28.1% versus May 2021

New listings — Properties newly listed during the month.

2,261

MoM −77 −3.3% down 77, 3.3% versus April 2022 YoY +10.4% up 10.4% versus May 2021

Active listings — Listings available at month end.

1,391

MoM +113 +8.8% up 113, 8.8% versus April 2022 YoY +56.5% up 56.5% versus May 2021

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

10

MoM +2 days +25.0% up 2 days, 25.0% versus April 2022 YoY +25.0% up 25.0% versus May 2021

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

15

MoM +4 days +36.4% up 4 days, 36.4% versus April 2022 YoY +50.0% up 50.0% versus May 2021

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

108%

MoM −6.0 pp −5.3% down 6.0 pp, 5.3% versus April 2022 YoY −3.6% down 3.6% versus May 2021

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

45.3%

MoM −1.2 pp −2.7% down 1.2 pp, 2.7% versus April 2022 YoY −41.0% down 41.0% versus May 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.

1.4

MoM +0 +15.6% up 0, 15.6% versus April 2022 YoY +140.3% up 140.3% versus May 2021

Trend

13 months to May 2022

Average price

Durham Region average selling price over the 13 months ending May 2022.
Month Average price
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
Apr '22 1075332
May '22 995668

Sales

Durham Region sales over the 13 months ending May 2022.
Month Sales
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
Apr '22 1089
May '22 1025

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 1,025 −64 −5.9% down 64, 5.9% versus April 2022 $995,668 −$79,664 −7.4% down $79,664, 7.4% versus April 2022 $930,000 45.3% 1.4
Detached 679 −56 −7.6% down 56, 7.6% versus April 2022 $1,094,693 −$97,372 −8.2% down $97,372, 8.2% versus April 2022 $1,021,000 43.9% 1.4
Semi-detached 71 +6 +9.2% up 6, 9.2% versus April 2022 $812,146 −$58,543 −6.7% down $58,543, 6.7% versus April 2022 $770,000 56.8% 0.9
Att/row/townhouse 135 +3 +2.3% up 3, 2.3% versus April 2022 $907,885 −$21,114 −2.3% down $21,114, 2.3% versus April 2022 $895,000 46.4% 1.3
Condo townhouse 72 −7 −8.9% down 7, 8.9% versus April 2022 $713,946 −$59,963 −7.7% down $59,963, 7.7% versus April 2022 $725,000 45.3% 1.5
Condo apartment 58 −8 −12.1% down 8, 12.1% versus April 2022 $633,509 −$26,225 −4.0% down $26,225, 4.0% versus April 2022 $613,500 47.9% 1.4
Link 9 −3 −25.0% down 3, 25.0% versus April 2022 $899,233 −$14,516 −1.6% down $14,516, 1.6% versus April 2022 $950,000 60.0% 0.7
Detached condo 1 +1 up 1 versus April 2022 $795,000 +$795,000 up $795,000 versus April 2022 $795,000 25.0% 2.0

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 461.7 $1,110,500 +28.5% up 28.5%
Single-family detached 450.8 $1,205,900 +28.3% up 28.3%
Single-family attached 479.6 $949,100 +28.5% up 28.5%
Townhouse 509.7 $790,000 +30.4% up 30.4%
Apartment 419.5 $703,000 +35.8% up 35.8%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Brock +23.1% up 23.1%
  2. Pickering −3.3% down 3.3%
  3. Clarington −5.9% down 5.9%
  4. Uxbridge −6.0% down 6.0%
  5. Ajax −6.7% down 6.7%

Bottom 5

  1. Scugog −10.1% down 10.1%
  2. Oshawa −9.8% down 9.8%
  3. Whitby −9.5% down 9.5%
  4. Ajax −6.7% down 6.7%
  5. Uxbridge −6.0% down 6.0%

Sales, month-over-month

Top 5

  1. Ajax +5.9% up 5.9%
  2. Oshawa −0.7% down 0.7%
  3. Pickering −3.3% down 3.3%
  4. Brock −7.7% down 7.7%
  5. Scugog −9.4% down 9.4%

Bottom 5

  1. Uxbridge −18.2% down 18.2%
  2. Clarington −15.6% down 15.6%
  3. Whitby −10.2% down 10.2%
  4. Scugog −9.4% down 9.4%
  5. Brock −7.7% down 7.7%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$1,297,189

−$83,254 −6.0% down $83,254, 6.0% versus April 2022

Sales
27
SP/LP
104%
DOM
10
SNLR
50.0%

Full history →

Ajax focus

Ajax, Durham Region

$1,099,882

−$79,452 −6.7% down $79,452, 6.7% versus April 2022

Sales
161
SP/LP
108%
DOM
10
SNLR
48.8%

Full history →

Scugog focus

Scugog, Durham Region

$1,090,041

−$122,031 −10.1% down $122,031, 10.1% versus April 2022

Sales
29
SP/LP
108%
DOM
7
SNLR
46.8%

Full history →

Pickering focus

Pickering, Durham Region

$1,087,210

−$36,778 −3.3% down $36,778, 3.3% versus April 2022

Sales
119
SP/LP
105%
DOM
9
SNLR
39.9%

Full history →

Brock focus

Brock, Durham Region

$1,054,917

+$197,693 +23.1% up $197,693, 23.1% versus April 2022

Sales
12
SP/LP
99%
DOM
18
SNLR
26.1%

Full history →

Whitby focus

Whitby, Durham Region

$1,050,368

−$109,991 −9.5% down $109,991, 9.5% versus April 2022

Sales
194
SP/LP
108%
DOM
9
SNLR
48.0%

Full history →

Clarington focus

Clarington, Durham Region

$966,559

−$61,044 −5.9% down $61,044, 5.9% versus April 2022

Sales
189
SP/LP
109%
DOM
9
SNLR
49.6%

Full history →

Oshawa focus

Oshawa, Durham Region

$844,745

−$91,816 −9.8% down $91,816, 9.8% versus April 2022

Sales
294
SP/LP
111%
DOM
11
SNLR
42.9%

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 27 −6 −18.2% down 6, 18.2% versus April 2022 $35.0M $1,297,189 −$83,254 −6.0% down $83,254, 6.0% versus April 2022 $1,200,000 54 34 104% 10 11 50.0% 1.3
Ajax focus Ajax, Durham Region 161 +9 +5.9% up 9, 5.9% versus April 2022 $177.1M $1,099,882 −$79,452 −6.7% down $79,452, 6.7% versus April 2022 $988,800 330 200 108% 10 16 48.8% 1.2
Scugog focus Scugog, Durham Region 29 −3 −9.4% down 3, 9.4% versus April 2022 $31.6M $1,090,041 −$122,031 −10.1% down $122,031, 10.1% versus April 2022 $1,056,000 62 45 108% 7 9 46.8% 1.6
Pickering focus Pickering, Durham Region 119 −4 −3.3% down 4, 3.3% versus April 2022 $129.4M $1,087,210 −$36,778 −3.3% down $36,778, 3.3% versus April 2022 $1,015,000 298 205 105% 9 15 39.9% 1.7
Brock focus Brock, Durham Region 12 −1 −7.7% down 1, 7.7% versus April 2022 $12.7M $1,054,917 +$197,693 +23.1% up $197,693, 23.1% versus April 2022 $910,000 46 55 99% 18 26 26.1% 4.6
Whitby focus Whitby, Durham Region 194 −22 −10.2% down 22, 10.2% versus April 2022 $203.8M $1,050,368 −$109,991 −9.5% down $109,991, 9.5% versus April 2022 $999,450 404 221 108% 9 16 48.0% 1.1
Clarington focus Clarington, Durham Region 189 −35 −15.6% down 35, 15.6% versus April 2022 $182.7M $966,559 −$61,044 −5.9% down $61,044, 5.9% versus April 2022 $900,000 381 210 109% 9 13 49.6% 1.1
Oshawa focus Oshawa, Durham Region 294 −2 −0.7% down 2, 0.7% versus April 2022 $248.4M $844,745 −$91,816 −9.8% down $91,816, 9.8% versus April 2022 $811,250 686 421 111% 11 15 42.9% 1.4