Source: TRREB MarketWatch, July 2022

8 areas

Durham Region

July 2022

Headline indicators

All home types

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

$901,412

MoM −$68,012 −7.0% down $68,012, 7.0% versus June 2022 YoY −1.0% down 1.0% versus July 2021

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

$850,000

MoM −$35,000 −4.0% down $35,000, 4.0% versus June 2022 YoY no change no change versus July 2021

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

$995,500

MoM −$43,600 −4.2% down $43,600, 4.2% versus June 2022 YoY +12.5% up 12.5% versus July 2021

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

700

MoM −267 −27.6% down 267, 27.6% versus June 2022 YoY −36.6% down 36.6% versus July 2021

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

$631.0M

MoM −$306,444,840 −32.7% down $306,444,840, 32.7% versus June 2022 YoY −37.2% down 37.2% versus July 2021

New listings — Properties newly listed during the month.

1,461

MoM −518 −26.2% down 518, 26.2% versus June 2022 YoY +14.1% up 14.1% versus July 2021

Active listings — Listings available at month end.

1,353

MoM −62 −4.4% down 62, 4.4% versus June 2022 YoY +134.9% up 134.9% versus July 2021

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

15

MoM +3 days +25.0% up 3 days, 25.0% versus June 2022 YoY +36.4% up 36.4% versus July 2021

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

24

MoM +5 days +26.3% up 5 days, 26.3% versus June 2022 YoY +71.4% up 71.4% versus July 2021

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

101%

MoM −3.0 pp −2.9% down 3.0 pp, 2.9% versus June 2022 YoY −9.0% down 9.0% versus July 2021

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

47.9%

MoM −1.0 pp −1.9% down 1.0 pp, 1.9% versus June 2022 YoY −44.4% down 44.4% versus July 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.

1.9

MoM +0 +32.1% up 0, 32.1% versus June 2022 YoY +270.5% up 270.5% versus July 2021

Trend

13 months to July 2022

Average price

Durham Region average selling price over the 13 months ending July 2022.
Month Average price
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
Jul '22 901412

Sales

Durham Region sales over the 13 months ending July 2022.
Month Sales
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
Jul '22 700

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 700 −267 −27.6% down 267, 27.6% versus June 2022 $901,412 −$68,012 −7.0% down $68,012, 7.0% versus June 2022 $850,000 47.9% 1.9
Detached 490 −170 −25.8% down 170, 25.8% versus June 2022 $977,364 −$89,455 −8.4% down $89,455, 8.4% versus June 2022 $925,000 49.1% 1.9
Semi-detached 41 −39 −48.8% down 39, 48.8% versus June 2022 $797,454 +$8,528 +1.1% up $8,528, 1.1% versus June 2022 $820,000 51.3% 1.6
Att/row/townhouse 70 −28 −28.6% down 28, 28.6% versus June 2022 $810,196 −$25,663 −3.1% down $25,663, 3.1% versus June 2022 $800,000 42.4% 2.2
Condo townhouse 48 −29 −37.7% down 29, 37.7% versus June 2022 $662,063 −$32,611 −4.7% down $32,611, 4.7% versus June 2022 $682,500 44.0% 2.3
Condo apartment 38 −6 −13.6% down 6, 13.6% versus June 2022 $544,124 −$95,585 −14.9% down $95,585, 14.9% versus June 2022 $546,250 40.0% 2.7
Link 12 +4 +50.0% up 4, 50.0% versus June 2022 $785,833 −$47,592 −5.7% down $47,592, 5.7% versus June 2022 $805,000 80.0% 0.8
Detached condo 1 n/a not available, prior month not on file versus June 2022 $785,000 n/a not available, prior month not on file versus June 2022 $785,000 2.0

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 413.9 $995,500 +12.5% up 12.5%
Single-family detached 403.1 $1,078,200 +11.8% up 11.8%
Single-family attached 430.1 $851,100 +12.7% up 12.7%
Townhouse 468.7 $726,500 +18.3% up 18.3%
Apartment 386.8 $648,200 +23.9% up 23.9%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Brock −1.7% down 1.7%
  2. Whitby −2.5% down 2.5%
  3. Ajax −6.0% down 6.0%
  4. Oshawa −6.1% down 6.1%
  5. Pickering −8.6% down 8.6%

Bottom 5

  1. Scugog −17.3% down 17.3%
  2. Uxbridge −12.6% down 12.6%
  3. Clarington −9.1% down 9.1%
  4. Pickering −8.6% down 8.6%
  5. Oshawa −6.1% down 6.1%

Sales, month-over-month

Top 5

  1. Brock −17.6% down 17.6%
  2. Scugog −19.2% down 19.2%
  3. Uxbridge −20.0% down 20.0%
  4. Clarington −21.1% down 21.1%
  5. Oshawa −28.1% down 28.1%

Bottom 5

  1. Whitby −33.0% down 33.0%
  2. Pickering −29.9% down 29.9%
  3. Ajax −29.6% down 29.6%
  4. Oshawa −28.1% down 28.1%
  5. Clarington −21.1% down 21.1%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$1,173,300

−$169,221 −12.6% down $169,221, 12.6% versus June 2022

Sales
16
SP/LP
96%
DOM
16
SNLR
34.8%

Full history →

Pickering focus

Pickering, Durham Region

$1,050,817

−$98,984 −8.6% down $98,984, 8.6% versus June 2022

Sales
89
SP/LP
99%
DOM
16
SNLR
46.6%

Full history →

Whitby focus

Whitby, Durham Region

$1,007,208

−$25,363 −2.5% down $25,363, 2.5% versus June 2022

Sales
120
SP/LP
102%
DOM
13
SNLR
41.1%

Full history →

Scugog focus

Scugog, Durham Region

$989,381

−$207,167 −17.3% down $207,167, 17.3% versus June 2022

Sales
21
SP/LP
99%
DOM
18
SNLR
47.7%

Full history →

Ajax focus

Ajax, Durham Region

$960,325

−$60,780 −6.0% down $60,780, 6.0% versus June 2022

Sales
95
SP/LP
100%
DOM
15
SNLR
54.3%

Full history →

Clarington focus

Clarington, Durham Region

$850,893

−$84,875 −9.1% down $84,875, 9.1% versus June 2022

Sales
138
SP/LP
101%
DOM
15
SNLR
48.8%

Full history →

Oshawa focus

Oshawa, Durham Region

$765,039

−$49,596 −6.1% down $49,596, 6.1% versus June 2022

Sales
207
SP/LP
103%
DOM
15
SNLR
51.8%

Full history →

Brock focus

Brock, Durham Region

$716,700

−$12,359 −1.7% down $12,359, 1.7% versus June 2022

Sales
14
SP/LP
97%
DOM
28
SNLR
46.7%

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 16 −4 −20.0% down 4, 20.0% versus June 2022 $18.8M $1,173,300 −$169,221 −12.6% down $169,221, 12.6% versus June 2022 $1,062,500 46 50 96% 16 24 34.8% 3.1
Pickering focus Pickering, Durham Region 89 −38 −29.9% down 38, 29.9% versus June 2022 $93.5M $1,050,817 −$98,984 −8.6% down $98,984, 8.6% versus June 2022 $950,000 191 214 99% 16 24 46.6% 2.4
Whitby focus Whitby, Durham Region 120 −59 −33.0% down 59, 33.0% versus June 2022 $120.9M $1,007,208 −$25,363 −2.5% down $25,363, 2.5% versus June 2022 $955,000 292 222 102% 13 22 41.1% 1.9
Scugog focus Scugog, Durham Region 21 −5 −19.2% down 5, 19.2% versus June 2022 $20.8M $989,381 −$207,167 −17.3% down $207,167, 17.3% versus June 2022 $950,000 44 64 99% 18 26 47.7% 3.0
Ajax focus Ajax, Durham Region 95 −40 −29.6% down 40, 29.6% versus June 2022 $91.2M $960,325 −$60,780 −6.0% down $60,780, 6.0% versus June 2022 $920,000 175 162 100% 15 25 54.3% 1.7
Clarington focus Clarington, Durham Region 138 −37 −21.1% down 37, 21.1% versus June 2022 $117.4M $850,893 −$84,875 −9.1% down $84,875, 9.1% versus June 2022 $815,550 283 238 101% 15 24 48.8% 1.7
Oshawa focus Oshawa, Durham Region 207 −81 −28.1% down 81, 28.1% versus June 2022 $158.4M $765,039 −$49,596 −6.1% down $49,596, 6.1% versus June 2022 $740,000 400 348 103% 15 25 51.8% 1.7
Brock focus Brock, Durham Region 14 −3 −17.6% down 3, 17.6% versus June 2022 $10.0M $716,700 −$12,359 −1.7% down $12,359, 1.7% versus June 2022 $634,400 30 55 97% 28 42 46.7% 3.9