Source: TRREB MarketWatch, June 2022

8 areas

Durham Region

June 2022

Headline indicators

All home types

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

$969,424

MoM −$26,244 −2.6% down $26,244, 2.6% versus May 2022 YoY +5.7% up 5.7% versus June 2021

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

$885,000

MoM −$45,000 −4.8% down $45,000, 4.8% versus May 2022 YoY +5.4% up 5.4% versus June 2021

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

$1,039,100

MoM −$71,400 −6.4% down $71,400, 6.4% versus May 2022 YoY +19.1% up 19.1% versus June 2021

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

967

MoM −58 −5.7% down 58, 5.7% versus May 2022 YoY −32.1% down 32.1% versus June 2021

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

$937.4M

MoM −$83,126,034 −8.1% down $83,126,034, 8.1% versus May 2022 YoY −28.3% down 28.3% versus June 2021

New listings — Properties newly listed during the month.

1,979

MoM −282 −12.5% down 282, 12.5% versus May 2022 YoY +19.6% up 19.6% versus June 2021

Active listings — Listings available at month end.

1,415

MoM +24 +1.7% up 24, 1.7% versus May 2022 YoY +98.7% up 98.7% versus June 2021

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

12

MoM +2 days +20.0% up 2 days, 20.0% versus May 2022 YoY +20.0% up 20.0% versus June 2021

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

19

MoM +4 days +26.7% up 4 days, 26.7% versus May 2022 YoY +46.2% up 46.2% versus June 2021

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

104%

MoM −4.0 pp −3.7% down 4.0 pp, 3.7% versus May 2022 YoY −6.3% down 6.3% versus June 2021

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

48.9%

MoM +3.5 pp +7.8% up 3.5 pp, 7.8% versus May 2022 YoY −43.3% down 43.3% versus June 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.

1.5

MoM +0 +7.8% up 0, 7.8% versus May 2022 YoY +192.9% up 192.9% versus June 2021

Trend

13 months to June 2022

Average price

Durham Region average selling price over the 13 months ending June 2022.
Month Average price
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
Jun '22 969424

Sales

Durham Region sales over the 13 months ending June 2022.
Month Sales
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
Jun '22 967

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 967 −58 −5.7% down 58, 5.7% versus May 2022 $969,424 −$26,244 −2.6% down $26,244, 2.6% versus May 2022 $885,000 48.9% 1.5
Detached 660 −19 −2.8% down 19, 2.8% versus May 2022 $1,066,819 −$27,874 −2.5% down $27,874, 2.5% versus May 2022 $990,000 47.9% 1.5
Semi-detached 80 +9 +12.7% up 9, 12.7% versus May 2022 $788,926 −$23,220 −2.9% down $23,220, 2.9% versus May 2022 $760,000 67.2% 0.7
Att/row/townhouse 98 −37 −27.4% down 37, 27.4% versus May 2022 $835,859 −$72,026 −7.9% down $72,026, 7.9% versus May 2022 $840,000 53.3% 1.4
Condo townhouse 77 +5 +6.9% up 5, 6.9% versus May 2022 $694,674 −$19,272 −2.7% down $19,272, 2.7% versus May 2022 $720,000 48.1% 1.4
Condo apartment 44 −14 −24.1% down 14, 24.1% versus May 2022 $639,709 +$6,200 +1.0% up $6,200, 1.0% versus May 2022 $600,000 40.7% 2.3
Link 8 −1 −11.1% down 1, 11.1% versus May 2022 $833,425 −$65,808 −7.3% down $65,808, 7.3% versus May 2022 $823,750 30.8% 2.1

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 432.1 $1,039,100 +19.1% up 19.1%
Single-family detached 421.4 $1,127,300 +18.6% up 18.6%
Single-family attached 449.1 $888,800 +19.5% up 19.5%
Townhouse 485 $751,700 +23.3% up 23.3%
Apartment 401.3 $672,600 +27.6% up 27.6%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Scugog +9.8% up 9.8%
  2. Pickering +5.8% up 5.8%
  3. Uxbridge +3.5% up 3.5%
  4. Whitby −1.7% down 1.7%
  5. Clarington −3.2% down 3.2%

Bottom 5

  1. Brock −30.9% down 30.9%
  2. Ajax −7.2% down 7.2%
  3. Oshawa −3.6% down 3.6%
  4. Clarington −3.2% down 3.2%
  5. Whitby −1.7% down 1.7%

Sales, month-over-month

Top 5

  1. Brock +41.7% up 41.7%
  2. Pickering +6.7% up 6.7%
  3. Oshawa −2.0% down 2.0%
  4. Clarington −7.4% down 7.4%
  5. Whitby −7.7% down 7.7%

Bottom 5

  1. Uxbridge −25.9% down 25.9%
  2. Ajax −16.1% down 16.1%
  3. Scugog −10.3% down 10.3%
  4. Whitby −7.7% down 7.7%
  5. Clarington −7.4% down 7.4%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$1,342,521

+$45,332 +3.5% up $45,332, 3.5% versus May 2022

Sales
20
SP/LP
100%
DOM
25
SNLR
47.6%

Full history →

Scugog focus

Scugog, Durham Region

$1,196,548

+$106,507 +9.8% up $106,507, 9.8% versus May 2022

Sales
26
SP/LP
99%
DOM
14
SNLR
40.0%

Full history →

Pickering focus

Pickering, Durham Region

$1,149,801

+$62,591 +5.8% up $62,591, 5.8% versus May 2022

Sales
127
SP/LP
103%
DOM
11
SNLR
42.8%

Full history →

Whitby focus

Whitby, Durham Region

$1,032,571

−$17,797 −1.7% down $17,797, 1.7% versus May 2022

Sales
179
SP/LP
104%
DOM
11
SNLR
49.3%

Full history →

Ajax focus

Ajax, Durham Region

$1,021,105

−$78,777 −7.2% down $78,777, 7.2% versus May 2022

Sales
135
SP/LP
103%
DOM
13
SNLR
52.9%

Full history →

Clarington focus

Clarington, Durham Region

$935,768

−$30,791 −3.2% down $30,791, 3.2% versus May 2022

Sales
175
SP/LP
105%
DOM
9
SNLR
47.8%

Full history →

Oshawa focus

Oshawa, Durham Region

$814,635

−$30,110 −3.6% down $30,110, 3.6% versus May 2022

Sales
288
SP/LP
106%
DOM
12
SNLR
52.5%

Full history →

Brock focus

Brock, Durham Region

$729,059

−$325,858 −30.9% down $325,858, 30.9% versus May 2022

Sales
17
SP/LP
96%
DOM
27
SNLR
39.5%

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 20 −7 −25.9% down 7, 25.9% versus May 2022 $26.9M $1,342,521 +$45,332 +3.5% up $45,332, 3.5% versus May 2022 $1,237,500 42 37 100% 25 27 47.6% 1.9
Scugog focus Scugog, Durham Region 26 −3 −10.3% down 3, 10.3% versus May 2022 $31.1M $1,196,548 +$106,507 +9.8% up $106,507, 9.8% versus May 2022 $1,023,950 65 60 99% 14 17 40.0% 2.3
Pickering focus Pickering, Durham Region 127 +8 +6.7% up 8, 6.7% versus May 2022 $146.0M $1,149,801 +$62,591 +5.8% up $62,591, 5.8% versus May 2022 $995,740 297 214 103% 11 20 42.8% 1.7
Whitby focus Whitby, Durham Region 179 −15 −7.7% down 15, 7.7% versus May 2022 $184.8M $1,032,571 −$17,797 −1.7% down $17,797, 1.7% versus May 2022 $990,000 363 229 104% 11 17 49.3% 1.3
Ajax focus Ajax, Durham Region 135 −26 −16.1% down 26, 16.1% versus May 2022 $137.8M $1,021,105 −$78,777 −7.2% down $78,777, 7.2% versus May 2022 $985,000 255 185 103% 13 20 52.9% 1.4
Clarington focus Clarington, Durham Region 175 −14 −7.4% down 14, 7.4% versus May 2022 $163.8M $935,768 −$30,791 −3.2% down $30,791, 3.2% versus May 2022 $865,000 366 236 105% 9 15 47.8% 1.4
Oshawa focus Oshawa, Durham Region 288 −6 −2.0% down 6, 2.0% versus May 2022 $234.6M $814,635 −$30,110 −3.6% down $30,110, 3.6% versus May 2022 $771,000 548 392 106% 12 19 52.5% 1.4
Brock focus Brock, Durham Region 17 +5 +41.7% up 5, 41.7% versus May 2022 $12.4M $729,059 −$325,858 −30.9% down $325,858, 30.9% versus May 2022 $745,000 43 62 96% 27 39 39.5% 3.6