Source: TRREB MarketWatch, November 2022

8 areas

Durham Region

November 2022

Headline indicators

All home types

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

$892,677

MoM −$996 −0.1% down $996, 0.1% versus October 2022 YoY −10.6% down 10.6% versus November 2021

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

$822,500

MoM −$21,000 −2.5% down $21,000, 2.5% versus October 2022 YoY −14.3% down 14.3% versus November 2021

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

$929,000

MoM −$11,400 −1.2% down $11,400, 1.2% versus October 2022 YoY −8.6% down 8.6% versus November 2021

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

564

MoM −68 −10.8% down 68, 10.8% versus October 2022 YoY −44.3% down 44.3% versus November 2021

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

$503.5M

MoM −$61,331,492 −10.9% down $61,331,492, 10.9% versus October 2022 YoY −50.2% down 50.2% versus November 2021

New listings — Properties newly listed during the month.

1,037

MoM −146 −12.3% down 146, 12.3% versus October 2022 YoY −0.7% down 0.7% versus November 2021

Active listings — Listings available at month end.

1,025

MoM −68 −6.2% down 68, 6.2% versus October 2022 YoY +181.6% up 181.6% versus November 2021

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

17

MoM +1 day +6.3% up 1 day, 6.3% versus October 2022 YoY +112.5% up 112.5% versus November 2021

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

26

MoM no change no change versus October 2022 YoY +160.0% up 160.0% versus November 2021

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

100%

MoM no change no change versus October 2022 YoY −16.0% down 16.0% versus November 2021

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

54.4%

MoM +1.0 pp +1.8% up 1.0 pp, 1.8% versus October 2022 YoY −43.9% down 43.9% versus November 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.

1.8

MoM +0 +5.1% up 0, 5.1% versus October 2022 YoY +405.8% up 405.8% versus November 2021

Trend

13 months to November 2022

Average price

Durham Region average selling price over the 13 months ending November 2022.
Month Average price
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
Nov '22 892677

Sales

Durham Region sales over the 13 months ending November 2022.
Month Sales
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
Nov '22 564

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 564 −68 −10.8% down 68, 10.8% versus October 2022 $892,677 −$996 −0.1% down $996, 0.1% versus October 2022 $822,500 54.4% 1.8
Detached 376 −51 −11.9% down 51, 11.9% versus October 2022 $982,625 +$5,904 +0.6% up $5,904, 0.6% versus October 2022 $925,000 54.6% 1.8
Semi-detached 36 −1 −2.7% down 1, 2.7% versus October 2022 $757,333 −$1,254 −0.2% down $1,254, 0.2% versus October 2022 $742,500 70.6% 1.0
Att/row/townhouse 75 +4 +5.6% up 4, 5.6% versus October 2022 $795,563 −$22,987 −2.8% down $22,987, 2.8% versus October 2022 $770,000 56.4% 1.6
Condo townhouse 38 −14 −26.9% down 14, 26.9% versus October 2022 $631,596 −$22,850 −3.5% down $22,850, 3.5% versus October 2022 $640,950 51.4% 2.0
Condo apartment 32 −3 −8.6% down 3, 8.6% versus October 2022 $556,599 +$3,156 +0.6% up $3,156, 0.6% versus October 2022 $525,000 41.0% 3.4
Link 6 −3 −33.3% down 3, 33.3% versus October 2022 $791,650 −$25,028 −3.1% down $25,028, 3.1% versus October 2022 $787,750 50.0% 1.0
Co-op apartment 1 n/a not available, prior month not on file versus October 2022 $510,000 n/a not available, prior month not on file versus October 2022 $510,000 0.0

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 386.3 $929,000 −8.6% down 8.6%
Single-family detached 377 $1,008,400 −9.0% down 9.0%
Single-family attached 404 $799,500 −9.6% down 9.6%
Townhouse 427.2 $662,100 −2.9% down 2.9%
Apartment 351.1 $588,500 +2.1% up 2.1%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Uxbridge +12.1% up 12.1%
  2. Clarington +2.9% up 2.9%
  3. Oshawa +0.9% up 0.9%
  4. Pickering −1.9% down 1.9%
  5. Ajax −2.2% down 2.2%

Bottom 5

  1. Scugog −14.6% down 14.6%
  2. Brock −11.4% down 11.4%
  3. Whitby −3.1% down 3.1%
  4. Ajax −2.2% down 2.2%
  5. Pickering −1.9% down 1.9%

Sales, month-over-month

Top 5

  1. Scugog +21.4% up 21.4%
  2. Uxbridge +15.8% up 15.8%
  3. Ajax −5.0% down 5.0%
  4. Clarington −5.3% down 5.3%
  5. Pickering −8.6% down 8.6%

Bottom 5

  1. Brock −33.3% down 33.3%
  2. Whitby −17.9% down 17.9%
  3. Oshawa −16.1% down 16.1%
  4. Pickering −8.6% down 8.6%
  5. Clarington −5.3% down 5.3%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$1,233,841

+$133,214 +12.1% up $133,214, 12.1% versus October 2022

Sales
22
SP/LP
97%
DOM
25
SNLR
61.1%

Full history →

Pickering focus

Pickering, Durham Region

$962,726

−$18,837 −1.9% down $18,837, 1.9% versus October 2022

Sales
74
SP/LP
98%
DOM
17
SNLR
50.0%

Full history →

Whitby focus

Whitby, Durham Region

$960,360

−$30,745 −3.1% down $30,745, 3.1% versus October 2022

Sales
96
SP/LP
100%
DOM
13
SNLR
53.0%

Full history →

Ajax focus

Ajax, Durham Region

$947,533

−$21,234 −2.2% down $21,234, 2.2% versus October 2022

Sales
76
SP/LP
102%
DOM
14
SNLR
60.3%

Full history →

Clarington focus

Clarington, Durham Region

$859,380

+$24,021 +2.9% up $24,021, 2.9% versus October 2022

Sales
108
SP/LP
99%
DOM
19
SNLR
51.7%

Full history →

Scugog focus

Scugog, Durham Region

$818,700

−$139,800 −14.6% down $139,800, 14.6% versus October 2022

Sales
17
SP/LP
99%
DOM
23
SNLR
40.5%

Full history →

Oshawa focus

Oshawa, Durham Region

$788,890

+$6,663 +0.9% up $6,663, 0.9% versus October 2022

Sales
161
SP/LP
101%
DOM
17
SNLR
60.3%

Full history →

Brock focus

Brock, Durham Region

$713,450

−$92,203 −11.4% down $92,203, 11.4% versus October 2022

Sales
10
SP/LP
95%
DOM
24
SNLR
35.7%

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 22 +3 +15.8% up 3, 15.8% versus October 2022 $27.1M $1,233,841 +$133,214 +12.1% up $133,214, 12.1% versus October 2022 $1,036,000 36 51 97% 25 42 61.1% 2.3
Pickering focus Pickering, Durham Region 74 −7 −8.6% down 7, 8.6% versus October 2022 $71.2M $962,726 −$18,837 −1.9% down $18,837, 1.9% versus October 2022 $852,950 148 148 98% 17 29 50.0% 2.0
Whitby focus Whitby, Durham Region 96 −21 −17.9% down 21, 17.9% versus October 2022 $92.2M $960,360 −$30,745 −3.1% down $30,745, 3.1% versus October 2022 $917,000 181 161 100% 13 24 53.0% 1.7
Ajax focus Ajax, Durham Region 76 −4 −5.0% down 4, 5.0% versus October 2022 $72.0M $947,533 −$21,234 −2.2% down $21,234, 2.2% versus October 2022 $920,500 126 120 102% 14 24 60.3% 1.6
Clarington focus Clarington, Durham Region 108 −6 −5.3% down 6, 5.3% versus October 2022 $92.8M $859,380 +$24,021 +2.9% up $24,021, 2.9% versus October 2022 $800,000 209 194 99% 19 27 51.7% 1.8
Scugog focus Scugog, Durham Region 17 +3 +21.4% up 3, 21.4% versus October 2022 $13.9M $818,700 −$139,800 −14.6% down $139,800, 14.6% versus October 2022 $820,000 42 54 99% 23 28 40.5% 3.2
Oshawa focus Oshawa, Durham Region 161 −31 −16.1% down 31, 16.1% versus October 2022 $127.0M $788,890 +$6,663 +0.9% up $6,663, 0.9% versus October 2022 $740,000 267 261 101% 17 22 60.3% 1.6
Brock focus Brock, Durham Region 10 −5 −33.3% down 5, 33.3% versus October 2022 $7.1M $713,450 −$92,203 −11.4% down $92,203, 11.4% versus October 2022 $712,500 28 36 95% 24 47 35.7% 3.6