Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$874,456
MoM −$18,221 −2.0% down $18,221, 2.0% versus November 2022 YoY −15.4% down 15.4% versus December 2021
Source: TRREB MarketWatch, December 2022
8 areas
Durham Region
December 2022
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$815,000
MoM −$7,500 −0.9% down $7,500, 0.9% versus November 2022 YoY −17.3% down 17.3% versus December 2021
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$918,400
MoM −$10,600 −1.1% down $10,600, 1.1% versus November 2022 YoY −13.1% down 13.1% versus December 2021
Sales — Firm transactions reported through the MLS® System during the month.
380
MoM −184 −32.6% down 184, 32.6% versus November 2022 YoY −43.4% down 43.4% versus December 2021
Dollar volume — Total value of all sales in the month.
$332.3M
MoM −$171,176,738 −34.0% down $171,176,738, 34.0% versus November 2022 YoY −52.1% down 52.1% versus December 2021
New listings — Properties newly listed during the month.
458
MoM −579 −55.8% down 579, 55.8% versus November 2022 YoY −18.9% down 18.9% versus December 2021
Active listings — Listings available at month end.
723
MoM −302 −29.5% down 302, 29.5% versus November 2022 YoY +375.7% up 375.7% versus December 2021
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
21
MoM +4 days +23.5% up 4 days, 23.5% versus November 2022 YoY +133.3% up 133.3% versus December 2021
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
33
MoM +7 days +26.9% up 7 days, 26.9% versus November 2022 YoY +200.0% up 200.0% versus December 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 November 2022 YoY −16.0% down 16.0% versus December 2021
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
83.0%
MoM +28.6 pp +52.6% up 28.6 pp, 52.6% versus November 2022 YoY −30.1% down 30.1% versus December 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 +4.7% up 0, 4.7% versus November 2022 YoY +739.9% up 739.9% versus December 2021
Trend
13 months to December 2022
Average price
| Month | Average price |
|---|---|
| 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 |
| Dec '22 | 874456 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Dec '22 | 380 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 380 | −184 −32.6% down 184, 32.6% versus November 2022 | $874,456 | −$18,221 −2.0% down $18,221, 2.0% versus November 2022 | $815,000 | 83.0% | 1.9 |
| Detached | 240 | −136 −36.2% down 136, 36.2% versus November 2022 | $972,440 | −$10,185 −1.0% down $10,185, 1.0% versus November 2022 | $914,950 | 84.8% | 1.9 |
| Semi-detached | 20 | −16 −44.4% down 16, 44.4% versus November 2022 | $752,370 | −$4,963 −0.7% down $4,963, 0.7% versus November 2022 | $694,750 | 100.0% | 1.0 |
| Att/row/townhouse | 53 | −22 −29.3% down 22, 29.3% versus November 2022 | $804,493 | +$8,930 +1.1% up $8,930, 1.1% versus November 2022 | $780,000 | 94.6% | 1.4 |
| Condo townhouse | 33 | −5 −13.2% down 5, 13.2% versus November 2022 | $633,301 | +$1,705 +0.3% up $1,705, 0.3% versus November 2022 | $637,500 | 113.8% | 1.4 |
| Condo apartment | 25 | −7 −21.9% down 7, 21.9% versus November 2022 | $534,788 | −$21,811 −3.9% down $21,811, 3.9% versus November 2022 | $522,500 | 40.3% | 4.6 |
| Link | 7 | +1 +16.7% up 1, 16.7% versus November 2022 | $799,071 | +$7,421 +0.9% up $7,421, 0.9% versus November 2022 | $800,000 | 140.0% | 0.7 |
| Detached condo | 2 | n/a not available, prior month not on file versus November 2022 | $680,000 | n/a not available, prior month not on file versus November 2022 | $680,000 | 200.0% | 0.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 381.9 | $918,400 | −13.1% down 13.1% |
| Single-family detached | 372.5 | $996,400 | −13.7% down 13.7% |
| Single-family attached | 401.2 | $793,900 | −13.9% down 13.9% |
| Townhouse | 418.4 | $648,500 | −9.7% down 9.7% |
| Apartment | 347.3 | $582,100 | −1.1% down 1.1% |
Movers within Durham Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Whitby +8.3% up 8.3%
- Pickering +3.5% up 3.5%
- Scugog +1.9% up 1.9%
- Oshawa −1.8% down 1.8%
- Ajax −6.1% down 6.1%
Bottom 5
- Uxbridge −19.2% down 19.2%
- Clarington −12.0% down 12.0%
- Ajax −6.1% down 6.1%
- Oshawa −1.8% down 1.8%
- Scugog +1.9% up 1.9%
Sales, month-over-month
Top 5
- Ajax −17.1% down 17.1%
- Scugog −23.5% down 23.5%
- Pickering −31.1% down 31.1%
- Whitby −31.3% down 31.3%
- Clarington −32.4% down 32.4%
Bottom 5
- Uxbridge −45.5% down 45.5%
- Oshawa −39.1% down 39.1%
- Clarington −32.4% down 32.4%
- Whitby −31.3% down 31.3%
- Pickering −31.1% down 31.1%
Durham Region
Whitby focus
Whitby, Durham Region
$1,039,980
+$79,620 +8.3% up $79,620, 8.3% versus November 2022
- Sales
- 66
- SP/LP
- 100%
- DOM
- 20
- SNLR
- 82.5%
Uxbridge focus
Uxbridge, Durham Region
$997,083
−$236,758 −19.2% down $236,758, 19.2% versus November 2022
- Sales
- 12
- SP/LP
- 97%
- DOM
- 26
- SNLR
- 109.1%
Pickering focus
Pickering, Durham Region
$996,052
+$33,326 +3.5% up $33,326, 3.5% versus November 2022
- Sales
- 51
- SP/LP
- 97%
- DOM
- 21
- SNLR
- 98.1%
Ajax focus
Ajax, Durham Region
$889,431
−$58,102 −6.1% down $58,102, 6.1% versus November 2022
- Sales
- 63
- SP/LP
- 101%
- DOM
- 20
- SNLR
- 106.8%
Scugog focus
Scugog, Durham Region
$834,615
+$15,915 +1.9% up $15,915, 1.9% versus November 2022
- Sales
- 13
- SP/LP
- 93%
- DOM
- 25
- SNLR
- 118.2%
Oshawa focus
Oshawa, Durham Region
$774,621
−$14,269 −1.8% down $14,269, 1.8% versus November 2022
- Sales
- 98
- SP/LP
- 101%
- DOM
- 18
- SNLR
- 61.6%
Clarington focus
Clarington, Durham Region
$756,532
−$102,848 −12.0% down $102,848, 12.0% versus November 2022
- Sales
- 73
- SP/LP
- 100%
- DOM
- 22
- SNLR
- 93.6%
Brock focus low sample
Brock, Durham Region
$716,750
+$3,300 +0.5% up $3,300, 0.5% versus November 2022
- Sales
- 4
- SP/LP
- 97%
- DOM
- 24
- SNLR
- 50.0%
All Durham Region areas
8 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Whitby focus Whitby, Durham Region | 66 | −30 −31.3% down 30, 31.3% versus November 2022 | $68.6M | $1,039,980 | +$79,620 +8.3% up $79,620, 8.3% versus November 2022 | $965,500 | 80 | 103 | 100% | 20 | 28 | 82.5% | 1.6 |
| Uxbridge focus Uxbridge, Durham Region | 12 | −10 −45.5% down 10, 45.5% versus November 2022 | $12.0M | $997,083 | −$236,758 −19.2% down $236,758, 19.2% versus November 2022 | $924,500 | 11 | 36 | 97% | 26 | 39 | 109.1% | 3.0 |
| Pickering focus Pickering, Durham Region | 51 | −23 −31.1% down 23, 31.1% versus November 2022 | $50.8M | $996,052 | +$33,326 +3.5% up $33,326, 3.5% versus November 2022 | $960,000 | 52 | 101 | 97% | 21 | 31 | 98.1% | 2.0 |
| Ajax focus Ajax, Durham Region | 63 | −13 −17.1% down 13, 17.1% versus November 2022 | $56.0M | $889,431 | −$58,102 −6.1% down $58,102, 6.1% versus November 2022 | $848,000 | 59 | 67 | 101% | 20 | 37 | 106.8% | 1.1 |
| Scugog focus Scugog, Durham Region | 13 | −4 −23.5% down 4, 23.5% versus November 2022 | $10.8M | $834,615 | +$15,915 +1.9% up $15,915, 1.9% versus November 2022 | $805,000 | 11 | 33 | 93% | 25 | 37 | 118.2% | 2.5 |
| Oshawa focus Oshawa, Durham Region | 98 | −63 −39.1% down 63, 39.1% versus November 2022 | $75.9M | $774,621 | −$14,269 −1.8% down $14,269, 1.8% versus November 2022 | $764,750 | 159 | 218 | 101% | 18 | 30 | 61.6% | 2.2 |
| Clarington focus Clarington, Durham Region | 73 | −35 −32.4% down 35, 32.4% versus November 2022 | $55.2M | $756,532 | −$102,848 −12.0% down $102,848, 12.0% versus November 2022 | $745,000 | 78 | 131 | 100% | 22 | 38 | 93.6% | 1.8 |
| Brock focus low sample Brock, Durham Region | 4 | −6 −60.0% down 6, 60.0% versus November 2022 | $2.9M | $716,750 | +$3,300 +0.5% up $3,300, 0.5% versus November 2022 | $721,000 | 8 | 34 | 97% | 24 | 28 | 50.0% | 8.5 |