Source: TRREB MarketWatch, October 2022

8 areas

Durham Region

October 2022

Headline indicators

All home types

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

$893,673

MoM −$21,354 −2.3% down $21,354, 2.3% versus September 2022 YoY −9.6% down 9.6% versus October 2021

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

$843,500

MoM −$6,450 −0.8% down $6,450, 0.8% versus September 2022 YoY −7.8% down 7.8% versus October 2021

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

$940,400

MoM −$2,700 −0.3% down $2,700, 0.3% versus September 2022 YoY −3.0% down 3.0% versus October 2021

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

632

MoM −30 −4.5% down 30, 4.5% versus September 2022 YoY −39.6% down 39.6% versus October 2021

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

$564.8M

MoM −$40,946,106 −6.8% down $40,946,106, 6.8% versus September 2022 YoY −45.4% down 45.4% versus October 2021

New listings — Properties newly listed during the month.

1,183

MoM −11 −0.9% down 11, 0.9% versus September 2022 YoY +4.1% up 4.1% versus October 2021

Active listings — Listings available at month end.

1,093

MoM +3 +0.3% up 3, 0.3% versus September 2022 YoY +123.1% up 123.1% versus October 2021

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

16

MoM −2 days −11.1% down 2 days, 11.1% versus September 2022 YoY +77.8% up 77.8% versus October 2021

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

26

MoM −3 days −10.3% down 3 days, 10.3% versus September 2022 YoY +116.7% up 116.7% versus October 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% up 1.0 pp, 1.0% versus September 2022 YoY −13.0% down 13.0% versus October 2021

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

53.4%

MoM −2.0 pp −3.6% down 2.0 pp, 3.6% versus September 2022 YoY −42.0% down 42.0% versus October 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.

1.7

MoM +0 +5.0% up 0, 5.0% versus September 2022 YoY +269.5% up 269.5% versus October 2021

Trend

13 months to October 2022

Average price

Durham Region average selling price over the 13 months ending October 2022.
Month Average price
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
Sep '22 915027
Oct '22 893673

Sales

Durham Region sales over the 13 months ending October 2022.
Month Sales
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
Sep '22 662
Oct '22 632

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 632 −30 −4.5% down 30, 4.5% versus September 2022 $893,673 −$21,354 −2.3% down $21,354, 2.3% versus September 2022 $843,500 53.4% 1.7
Detached 427 −30 −6.6% down 30, 6.6% versus September 2022 $976,721 −$25,390 −2.5% down $25,390, 2.5% versus September 2022 $925,000 53.2% 1.7
Semi-detached 37 −16 −30.2% down 16, 30.2% versus September 2022 $758,587 −$3,038 −0.4% down $3,038, 0.4% versus September 2022 $730,000 63.8% 1.1
Att/row/townhouse 71 +6 +9.2% up 6, 9.2% versus September 2022 $818,550 +$13,468 +1.7% up $13,468, 1.7% versus September 2022 $820,000 50.4% 1.7
Condo townhouse 52 +12 +30.0% up 12, 30.0% versus September 2022 $654,446 −$3,101 −0.5% down $3,101, 0.5% versus September 2022 $653,500 69.3% 1.5
Condo apartment 35 −3 −7.9% down 3, 7.9% versus September 2022 $553,443 −$20,072 −3.5% down $20,072, 3.5% versus September 2022 $520,000 37.6% 2.9
Link 9 no change no change versus September 2022 $816,678 +$39,900 +5.1% up $39,900, 5.1% versus September 2022 $820,000 100.0% 0.3
Detached condo 1 n/a not available, prior month not on file versus September 2022 $805,000 n/a not available, prior month not on file versus September 2022 $805,000 33.3% 1.0

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 391 $940,400 −3.0% down 3.0%
Single-family detached 381.9 $1,021,500 −3.5% down 3.5%
Single-family attached 408 $807,500 −4.1% down 4.1%
Townhouse 431 $668,000 +3.9% up 3.9%
Apartment 352.9 $591,500 +6.6% up 6.6%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Ajax +8.2% up 8.2%
  2. Pickering +0.3% up 0.3%
  3. Clarington −0.4% down 0.4%
  4. Whitby −2.5% down 2.5%
  5. Oshawa −4.7% down 4.7%

Bottom 5

  1. Brock −12.7% down 12.7%
  2. Scugog −12.2% down 12.2%
  3. Uxbridge −7.4% down 7.4%
  4. Oshawa −4.7% down 4.7%
  5. Whitby −2.5% down 2.5%

Sales, month-over-month

Top 5

  1. Oshawa +10.3% up 10.3%
  2. Pickering +1.3% up 1.3%
  3. Whitby −3.3% down 3.3%
  4. Ajax −11.1% down 11.1%
  5. Clarington −13.0% down 13.0%

Bottom 5

  1. Scugog −46.2% down 46.2%
  2. Brock −16.7% down 16.7%
  3. Uxbridge −13.6% down 13.6%
  4. Clarington −13.0% down 13.0%
  5. Ajax −11.1% down 11.1%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$1,100,627

−$88,509 −7.4% down $88,509, 7.4% versus September 2022

Sales
19
SP/LP
99%
DOM
17
SNLR
34.5%

Full history →

Whitby focus

Whitby, Durham Region

$991,105

−$25,502 −2.5% down $25,502, 2.5% versus September 2022

Sales
117
SP/LP
99%
DOM
15
SNLR
57.6%

Full history →

Pickering focus

Pickering, Durham Region

$981,563

+$2,620 +0.3% up $2,620, 0.3% versus September 2022

Sales
81
SP/LP
99%
DOM
16
SNLR
57.0%

Full history →

Ajax focus

Ajax, Durham Region

$968,767

+$73,792 +8.2% up $73,792, 8.2% versus September 2022

Sales
80
SP/LP
102%
DOM
16
SNLR
47.9%

Full history →

Scugog focus

Scugog, Durham Region

$958,500

−$133,148 −12.2% down $133,148, 12.2% versus September 2022

Sales
14
SP/LP
98%
DOM
25
SNLR
36.8%

Full history →

Clarington focus

Clarington, Durham Region

$835,359

−$3,446 −0.4% down $3,446, 0.4% versus September 2022

Sales
114
SP/LP
99%
DOM
18
SNLR
50.4%

Full history →

Brock focus

Brock, Durham Region

$805,653

−$117,323 −12.7% down $117,323, 12.7% versus September 2022

Sales
15
SP/LP
97%
DOM
22
SNLR
46.9%

Full history →

Oshawa focus

Oshawa, Durham Region

$782,227

−$38,658 −4.7% down $38,658, 4.7% versus September 2022

Sales
192
SP/LP
102%
DOM
14
SNLR
60.0%

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 19 −3 −13.6% down 3, 13.6% versus September 2022 $20.9M $1,100,627 −$88,509 −7.4% down $88,509, 7.4% versus September 2022 $950,000 55 64 99% 17 29 34.5% 3.4
Whitby focus Whitby, Durham Region 117 −4 −3.3% down 4, 3.3% versus September 2022 $116.0M $991,105 −$25,502 −2.5% down $25,502, 2.5% versus September 2022 $960,000 203 162 99% 15 25 57.6% 1.4
Pickering focus Pickering, Durham Region 81 +1 +1.3% up 1, 1.3% versus September 2022 $79.5M $981,563 +$2,620 +0.3% up $2,620, 0.3% versus September 2022 $891,000 142 149 99% 16 25 57.0% 1.8
Ajax focus Ajax, Durham Region 80 −10 −11.1% down 10, 11.1% versus September 2022 $77.5M $968,767 +$73,792 +8.2% up $73,792, 8.2% versus September 2022 $885,000 167 139 102% 16 23 47.9% 1.7
Scugog focus Scugog, Durham Region 14 −12 −46.2% down 12, 46.2% versus September 2022 $13.4M $958,500 −$133,148 −12.2% down $133,148, 12.2% versus September 2022 $867,500 38 60 98% 25 34 36.8% 4.3
Clarington focus Clarington, Durham Region 114 −17 −13.0% down 17, 13.0% versus September 2022 $95.2M $835,359 −$3,446 −0.4% down $3,446, 0.4% versus September 2022 $810,250 226 207 99% 18 28 50.4% 1.8
Brock focus Brock, Durham Region 15 −3 −16.7% down 3, 16.7% versus September 2022 $12.1M $805,653 −$117,323 −12.7% down $117,323, 12.7% versus September 2022 $780,000 32 41 97% 22 33 46.9% 2.7
Oshawa focus Oshawa, Durham Region 192 +18 +10.3% up 18, 10.3% versus September 2022 $150.2M $782,227 −$38,658 −4.7% down $38,658, 4.7% versus September 2022 $745,000 320 271 102% 14 24 60.0% 1.4