Source: TRREB MarketWatch, February 2023

8 areas

Durham Region

February 2023

Headline indicators

All home types

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

$888,448

MoM +$1,599 +0.2% up $1,599, 0.2% versus January 2023 YoY −27.7% down 27.7% versus February 2022

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

$850,000

MoM +$11,000 +1.3% up $11,000, 1.3% versus January 2023 YoY −28.0% down 28.0% versus February 2022

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

$924,400

MoM +$6,500 +0.7% up $6,500, 0.7% versus January 2023 YoY −23.2% down 23.2% versus February 2022

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

601

MoM +207 +52.5% up 207, 52.5% versus January 2023 YoY −46.6% down 46.6% versus February 2022

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

$534.0M

MoM +$184,538,763 +52.8% up $184,538,763, 52.8% versus January 2023 YoY −61.4% down 61.4% versus February 2022

New listings — Properties newly listed during the month.

896

MoM +33 +3.8% up 33, 3.8% versus January 2023 YoY −44.5% down 44.5% versus February 2022

Active listings — Listings available at month end.

777

MoM −22 −2.8% down 22, 2.8% versus January 2023 YoY +28.4% up 28.4% versus February 2022

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

17

MoM −4 days −19.0% down 4 days, 19.0% versus January 2023 YoY +142.9% up 142.9% versus February 2022

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

25

MoM −6 days −19.4% down 6 days, 19.4% versus January 2023 YoY +212.5% up 212.5% versus February 2022

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

102%

MoM +3.0 pp +3.0% up 3.0 pp, 3.0% versus January 2023 YoY −20.9% down 20.9% versus February 2022

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

67.1%

MoM +21.4 pp +46.9% up 21.4 pp, 46.9% versus January 2023 YoY −3.8% down 3.8% versus February 2022

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.

1.3

MoM −1 −36.2% down 1, 36.2% versus January 2023 YoY +140.4% up 140.4% versus February 2022

Trend

13 months to February 2023

Average price

Durham Region average selling price over the 13 months ending February 2023.
Month Average price
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
Jan '23 886849
Feb '23 888448

Sales

Durham Region sales over the 13 months ending February 2023.
Month Sales
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
Jan '23 394
Feb '23 601

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 601 +207 +52.5% up 207, 52.5% versus January 2023 $888,448 +$1,599 +0.2% up $1,599, 0.2% versus January 2023 $850,000 67.1% 1.3
Detached 373 +112 +42.9% up 112, 42.9% versus January 2023 $986,652 +$8,990 +0.9% up $8,990, 0.9% versus January 2023 $931,900 67.6% 1.3
Semi-detached 47 +25 +113.6% up 25, 113.6% versus January 2023 $772,729 −$26,212 −3.3% down $26,212, 3.3% versus January 2023 $728,000 77.0% 0.6
Att/row/townhouse 74 +24 +48.0% up 24, 48.0% versus January 2023 $871,737 +$65,391 +8.1% up $65,391, 8.1% versus January 2023 $879,444 68.5% 1.2
Condo townhouse 48 +26 +118.2% up 26, 118.2% versus January 2023 $671,764 +$19,219 +2.9% up $19,219, 2.9% versus January 2023 $651,000 70.6% 1.1
Condo apartment 56 +23 +69.7% up 23, 69.7% versus January 2023 $537,593 +$5,812 +1.1% up $5,812, 1.1% versus January 2023 $547,500 56.6% 2.3
Link 3 −3 −50.0% down 3, 50.0% versus January 2023 $919,888 +$178,221 +24.0% up $178,221, 24.0% versus January 2023 $917,777 42.9% 1.7

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 384.4 $924,400 −23.2% down 23.2%
Single-family detached 375.3 $1,004,000 −23.6% down 23.6%
Single-family attached 405 $801,400 −23.6% down 23.6%
Townhouse 415.5 $644,000 −20.6% down 20.6%
Apartment 341.5 $572,400 −18.4% down 18.4%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Brock +28.1% up 28.1%
  2. Uxbridge +8.3% up 8.3%
  3. Ajax +8.1% up 8.1%
  4. Clarington +8.1% up 8.1%
  5. Oshawa −1.1% down 1.1%

Bottom 5

  1. Pickering −8.0% down 8.0%
  2. Whitby −3.1% down 3.1%
  3. Scugog −1.7% down 1.7%
  4. Oshawa −1.1% down 1.1%
  5. Clarington +8.1% up 8.1%

Sales, month-over-month

Top 5

  1. Brock +133.3% up 133.3%
  2. Scugog +122.2% up 122.2%
  3. Pickering +62.5% up 62.5%
  4. Clarington +60.6% up 60.6%
  5. Oshawa +51.4% up 51.4%

Bottom 5

  1. Uxbridge +7.1% up 7.1%
  2. Ajax +37.5% up 37.5%
  3. Whitby +44.7% up 44.7%
  4. Oshawa +51.4% up 51.4%
  5. Clarington +60.6% up 60.6%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$1,226,793

+$94,100 +8.3% up $94,100, 8.3% versus January 2023

Sales
15
SP/LP
101%
DOM
22
SNLR
50.0%

Full history →

Ajax focus

Ajax, Durham Region

$1,006,923

+$75,577 +8.1% up $75,577, 8.1% versus January 2023

Sales
77
SP/LP
103%
DOM
14
SNLR
66.4%

Full history →

Whitby focus

Whitby, Durham Region

$975,569

−$31,005 −3.1% down $31,005, 3.1% versus January 2023

Sales
110
SP/LP
103%
DOM
14
SNLR
70.1%

Full history →

Scugog focus

Scugog, Durham Region

$930,953

−$15,714 −1.7% down $15,714, 1.7% versus January 2023

Sales
20
SP/LP
96%
DOM
26
SNLR
71.4%

Full history →

Clarington focus

Clarington, Durham Region

$887,731

+$66,355 +8.1% up $66,355, 8.1% versus January 2023

Sales
106
SP/LP
99%
DOM
19
SNLR
71.6%

Full history →

Pickering focus

Pickering, Durham Region

$865,363

−$74,856 −8.0% down $74,856, 8.0% versus January 2023

Sales
91
SP/LP
102%
DOM
16
SNLR
80.5%

Full history →

Oshawa focus

Oshawa, Durham Region

$767,034

−$8,199 −1.1% down $8,199, 1.1% versus January 2023

Sales
168
SP/LP
102%
DOM
16
SNLR
59.8%

Full history →

Brock focus

Brock, Durham Region

$741,536

+$162,869 +28.1% up $162,869, 28.1% versus January 2023

Sales
14
SP/LP
96%
DOM
29
SNLR
60.9%

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 15 +1 +7.1% up 1, 7.1% versus January 2023 $18.4M $1,226,793 +$94,100 +8.3% up $94,100, 8.3% versus January 2023 $1,005,000 30 34 101% 22 32 50.0% 2.3
Ajax focus Ajax, Durham Region 77 +21 +37.5% up 21, 37.5% versus January 2023 $77.5M $1,006,923 +$75,577 +8.1% up $75,577, 8.1% versus January 2023 $949,500 116 84 103% 14 22 66.4% 1.1
Whitby focus Whitby, Durham Region 110 +34 +44.7% up 34, 44.7% versus January 2023 $107.3M $975,569 −$31,005 −3.1% down $31,005, 3.1% versus January 2023 $961,500 157 118 103% 14 17 70.1% 1.1
Scugog focus Scugog, Durham Region 20 +11 +122.2% up 11, 122.2% versus January 2023 $18.6M $930,953 −$15,714 −1.7% down $15,714, 1.7% versus January 2023 $799,000 28 28 96% 26 33 71.4% 1.4
Clarington focus Clarington, Durham Region 106 +40 +60.6% up 40, 60.6% versus January 2023 $94.1M $887,731 +$66,355 +8.1% up $66,355, 8.1% versus January 2023 $825,000 148 136 99% 19 33 71.6% 1.3
Pickering focus Pickering, Durham Region 91 +35 +62.5% up 35, 62.5% versus January 2023 $78.7M $865,363 −$74,856 −8.0% down $74,856, 8.0% versus January 2023 $861,000 113 97 102% 16 26 80.5% 1.1
Oshawa focus Oshawa, Durham Region 168 +57 +51.4% up 57, 51.4% versus January 2023 $128.9M $767,034 −$8,199 −1.1% down $8,199, 1.1% versus January 2023 $749,000 281 244 102% 16 23 59.8% 1.4
Brock focus Brock, Durham Region 14 +8 +133.3% up 8, 133.3% versus January 2023 $10.4M $741,536 +$162,869 +28.1% up $162,869, 28.1% versus January 2023 $667,500 23 36 96% 29 35 60.9% 2.6