Source: TRREB MarketWatch, August 2022

8 areas

Durham Region

August 2022

Headline indicators

All home types

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

$920,269

MoM +$18,857 +2.1% up $18,857, 2.1% versus July 2022 YoY +0.2% up 0.2% versus August 2021

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

$854,000

MoM +$4,000 +0.5% up $4,000, 0.5% versus July 2022 YoY −1.4% down 1.4% versus August 2021

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

$961,300

MoM −$34,200 −3.4% down $34,200, 3.4% versus July 2022 YoY +7.0% up 7.0% versus August 2021

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

806

MoM +106 +15.1% up 106, 15.1% versus July 2022 YoY −23.1% down 23.1% versus August 2021

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

$741.7M

MoM +$110,748,320 +17.6% up $110,748,320, 17.6% versus July 2022 YoY −22.9% down 22.9% versus August 2021

New listings — Properties newly listed during the month.

1,275

MoM −186 −12.7% down 186, 12.7% versus July 2022 YoY +9.3% up 9.3% versus August 2021

Active listings — Listings available at month end.

1,121

MoM −232 −17.1% down 232, 17.1% versus July 2022 YoY +135.0% up 135.0% versus August 2021

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

17

MoM +2 days +13.3% up 2 days, 13.3% versus July 2022 YoY +70.0% up 70.0% versus August 2021

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

26

MoM +2 days +8.3% up 2 days, 8.3% versus July 2022 YoY +116.7% up 116.7% versus August 2021

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

100%

MoM −1.0 pp −1.0% down 1.0 pp, 1.0% versus July 2022 YoY −10.7% down 10.7% versus August 2021

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

63.2%

MoM +15.3 pp +31.9% up 15.3 pp, 31.9% versus July 2022 YoY −29.6% down 29.6% versus August 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 −1 −28.0% down 1, 28.0% versus July 2022 YoY +205.6% up 205.6% versus August 2021

Trend

13 months to August 2022

Average price

Durham Region average selling price over the 13 months ending August 2022.
Month Average price
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
Aug '22 920269

Sales

Durham Region sales over the 13 months ending August 2022.
Month Sales
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
Aug '22 806

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 806 +106 +15.1% up 106, 15.1% versus July 2022 $920,269 +$18,857 +2.1% up $18,857, 2.1% versus July 2022 $854,000 63.2% 1.4
Detached 542 +52 +10.6% up 52, 10.6% versus July 2022 $1,012,181 +$34,817 +3.6% up $34,817, 3.6% versus July 2022 $950,000 65.3% 1.4
Semi-detached 63 +22 +53.7% up 22, 53.7% versus July 2022 $772,517 −$24,937 −3.1% down $24,937, 3.1% versus July 2022 $720,000 75.0% 0.9
Att/row/townhouse 89 +19 +27.1% up 19, 27.1% versus July 2022 $809,189 −$1,007 −0.1% down $1,007, 0.1% versus July 2022 $799,000 57.0% 1.4
Condo townhouse 53 +5 +10.4% up 5, 10.4% versus July 2022 $685,033 +$22,970 +3.5% up $22,970, 3.5% versus July 2022 $670,000 51.0% 2.0
Condo apartment 44 +6 +15.8% up 6, 15.8% versus July 2022 $552,448 +$8,324 +1.5% up $8,324, 1.5% versus July 2022 $532,500 52.4% 2.1
Link 15 +3 +25.0% up 3, 25.0% versus July 2022 $788,900 +$3,067 +0.4% up $3,067, 0.4% versus July 2022 $757,500 93.8% 0.4

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 399.7 $961,300 +7.0% up 7.0%
Single-family detached 389.7 $1,042,500 +6.4% up 6.4%
Single-family attached 415.8 $822,800 +7.2% up 7.2%
Townhouse 451 $699,000 +11.7% up 11.7%
Apartment 365.8 $613,100 +18.3% up 18.3%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Uxbridge +14.2% up 14.2%
  2. Clarington +8.5% up 8.5%
  3. Brock +4.4% up 4.4%
  4. Oshawa +4.1% up 4.1%
  5. Ajax +2.0% up 2.0%

Bottom 5

  1. Pickering −5.8% down 5.8%
  2. Scugog −4.1% down 4.1%
  3. Whitby −3.3% down 3.3%
  4. Ajax +2.0% up 2.0%
  5. Oshawa +4.1% up 4.1%

Sales, month-over-month

Top 5

  1. Uxbridge +37.5% up 37.5%
  2. Whitby +30.8% up 30.8%
  3. Oshawa +14.5% up 14.5%
  4. Scugog +14.3% up 14.3%
  5. Clarington +10.9% up 10.9%

Bottom 5

  1. Brock no change no change
  2. Pickering +6.7% up 6.7%
  3. Ajax +9.5% up 9.5%
  4. Clarington +10.9% up 10.9%
  5. Scugog +14.3% up 14.3%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$1,340,132

+$166,832 +14.2% up $166,832, 14.2% versus July 2022

Sales
22
SP/LP
97%
DOM
19
SNLR
66.7%

Full history →

Pickering focus

Pickering, Durham Region

$990,008

−$60,809 −5.8% down $60,809, 5.8% versus July 2022

Sales
95
SP/LP
99%
DOM
17
SNLR
55.9%

Full history →

Ajax focus

Ajax, Durham Region

$979,879

+$19,554 +2.0% up $19,554, 2.0% versus July 2022

Sales
104
SP/LP
102%
DOM
16
SNLR
61.2%

Full history →

Whitby focus

Whitby, Durham Region

$973,935

−$33,273 −3.3% down $33,273, 3.3% versus July 2022

Sales
157
SP/LP
100%
DOM
15
SNLR
69.5%

Full history →

Scugog focus

Scugog, Durham Region

$949,057

−$40,324 −4.1% down $40,324, 4.1% versus July 2022

Sales
24
SP/LP
100%
DOM
20
SNLR
58.5%

Full history →

Clarington focus

Clarington, Durham Region

$923,544

+$72,651 +8.5% up $72,651, 8.5% versus July 2022

Sales
153
SP/LP
98%
DOM
17
SNLR
63.5%

Full history →

Oshawa focus

Oshawa, Durham Region

$796,773

+$31,734 +4.1% up $31,734, 4.1% versus July 2022

Sales
237
SP/LP
102%
DOM
16
SNLR
66.2%

Full history →

Brock focus

Brock, Durham Region

$748,071

+$31,371 +4.4% up $31,371, 4.4% versus July 2022

Sales
14
SP/LP
96%
DOM
28
SNLR
38.9%

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 22 +6 +37.5% up 6, 37.5% versus July 2022 $29.5M $1,340,132 +$166,832 +14.2% up $166,832, 14.2% versus July 2022 $1,218,500 33 45 97% 19 24 66.7% 2.0
Pickering focus Pickering, Durham Region 95 +6 +6.7% up 6, 6.7% versus July 2022 $94.1M $990,008 −$60,809 −5.8% down $60,809, 5.8% versus July 2022 $895,000 170 179 99% 17 27 55.9% 1.9
Ajax focus Ajax, Durham Region 104 +9 +9.5% up 9, 9.5% versus July 2022 $101.9M $979,879 +$19,554 +2.0% up $19,554, 2.0% versus July 2022 $930,000 170 134 102% 16 24 61.2% 1.3
Whitby focus Whitby, Durham Region 157 +37 +30.8% up 37, 30.8% versus July 2022 $152.9M $973,935 −$33,273 −3.3% down $33,273, 3.3% versus July 2022 $910,000 226 176 100% 15 27 69.5% 1.1
Scugog focus Scugog, Durham Region 24 +3 +14.3% up 3, 14.3% versus July 2022 $22.8M $949,057 −$40,324 −4.1% down $40,324, 4.1% versus July 2022 $930,000 41 59 100% 20 28 58.5% 2.5
Clarington focus Clarington, Durham Region 153 +15 +10.9% up 15, 10.9% versus July 2022 $141.3M $923,544 +$72,651 +8.5% up $72,651, 8.5% versus July 2022 $840,000 241 192 98% 17 27 63.5% 1.3
Oshawa focus Oshawa, Durham Region 237 +30 +14.5% up 30, 14.5% versus July 2022 $188.8M $796,773 +$31,734 +4.1% up $31,734, 4.1% versus July 2022 $745,000 358 281 102% 16 25 66.2% 1.2
Brock focus Brock, Durham Region 14 no change no change versus July 2022 $10.5M $748,071 +$31,371 +4.4% up $31,371, 4.4% versus July 2022 $705,000 36 55 96% 28 31 38.9% 3.9