Source: TRREB MarketWatch, March 2023

8 areas

Durham Region

March 2023

Headline indicators

All home types

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

$926,142

MoM +$37,694 +4.2% YoY −19.4%

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

$875,000

MoM +$25,000 +2.9% YoY −20.1%

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

$947,300

MoM +$22,900 +2.5% YoY −21.8%

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

864

MoM +263 +43.8% YoY −37.8%

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

$800.2M

MoM +$266,228,927 +49.9% YoY −49.9%

New listings — Properties newly listed during the month.

1,299

MoM +403 +45.0% YoY −47.5%

Active listings — Listings available at month end.

852

MoM +75 +9.7% YoY −12.9%

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

MoM −3 days −17.6% YoY +100.0%

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

MoM −5 days −20.0% YoY +150.0%

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

103%

MoM +1.0 pp +1.0% YoY −16.3%

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

66.5%

MoM −0.6 pp −0.8% YoY +18.3%

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.

1.0

MoM −0 −23.7% YoY +40.2%

Trend

13 months to March 2023

Average price

Durham Region average selling price over the 13 months ending March 2023.
Month	Average price
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
Mar '23	926142

Sales

Durham Region sales over the 13 months ending March 2023.
Month	Sales
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
Mar '23	864

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	864	+263 +43.8% up 263, 43.8% versus February 2023	$926,142	+$37,694 +4.2% up $37,694, 4.2% versus February 2023	$875,000	66.5%	1.0
Detached	534	+161 +43.2% up 161, 43.2% versus February 2023	$1,036,809	+$50,157 +5.1% up $50,157, 5.1% versus February 2023	$992,500	63.3%	1.0
Semi-detached	68	+21 +44.7% up 21, 44.7% versus February 2023	$822,893	+$50,164 +6.5% up $50,164, 6.5% versus February 2023	$814,500	88.3%	0.5
Att/row/townhouse	114	+40 +54.1% up 40, 54.1% versus February 2023	$858,819	−$12,918 −1.5% down $12,918, 1.5% versus February 2023	$850,000	75.5%	0.8
Condo townhouse	66	+18 +37.5% up 18, 37.5% versus February 2023	$686,228	+$14,464 +2.2% up $14,464, 2.2% versus February 2023	$700,000	66.0%	1.0
Condo apartment	76	+20 +35.7% up 20, 35.7% versus February 2023	$560,118	+$22,525 +4.2% up $22,525, 4.2% versus February 2023	$546,750	62.8%	1.6
Link	5	+2 +66.7% up 2, 66.7% versus February 2023	$841,600	−$78,288 −8.5% down $78,288, 8.5% versus February 2023	$875,000	100.0%	0.4
Detached condo	1	n/a not available, prior month not on file versus February 2023	$600,000	n/a not available, prior month not on file versus February 2023	$600,000	100.0%	1.0

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	393.9	$947,300	−21.8% down 21.8%
Single-family detached	385.1	$1,030,200	−21.9% down 21.9%
Single-family attached	414.6	$820,500	−21.6% down 21.6%
Townhouse	426.5	$661,000	−20.7% down 20.7%
Apartment	345.2	$578,500	−20.4% down 20.4%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Pickering +15.6% up 15.6%
Uxbridge +8.4% up 8.4%
Oshawa +6.1% up 6.1%
Whitby +5.1% up 5.1%
Brock −0.4% down 0.4%

Bottom 5

Clarington −5.6% down 5.6%
Scugog −4.7% down 4.7%
Ajax −1.1% down 1.1%
Brock −0.4% down 0.4%
Whitby +5.1% up 5.1%

Sales, month-over-month

Top 5

Ajax +74.0% up 74.0%
Uxbridge +66.7% up 66.7%
Oshawa +48.8% up 48.8%
Whitby +48.2% up 48.2%
Brock +35.7% up 35.7%

Bottom 5

Scugog −10.0% down 10.0%
Clarington +29.2% up 29.2%
Pickering +29.7% up 29.7%
Brock +35.7% up 35.7%
Whitby +48.2% up 48.2%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$1,329,780

+$102,987 +8.4% up $102,987, 8.4% versus February 2023

Sales: 25
SP/LP: 99%
DOM: 18
SNLR: 58.1%

Full history →

Whitby focus

Whitby, Durham Region

$1,025,545

+$49,976 +5.1% up $49,976, 5.1% versus February 2023

Sales: 163
SP/LP: 103%
DOM: 10
SNLR: 64.4%

Full history →

Pickering focus

Pickering, Durham Region

$1,000,173

+$134,810 +15.6% up $134,810, 15.6% versus February 2023

Sales: 118
SP/LP: 102%
DOM: 13
SNLR: 73.8%

Full history →

Ajax focus

Ajax, Durham Region

$996,001

−$10,922 −1.1% down $10,922, 1.1% versus February 2023

Sales: 134
SP/LP: 105%
DOM: 10
SNLR: 72.0%

Full history →

Scugog focus

Scugog, Durham Region

$887,403

−$43,550 −4.7% down $43,550, 4.7% versus February 2023

Sales: 18
SP/LP: 98%
DOM: 38
SNLR: 64.3%

Full history →

Clarington focus

Clarington, Durham Region

$838,373

−$49,358 −5.6% down $49,358, 5.6% versus February 2023

Sales: 137
SP/LP: 104%
DOM: 16
SNLR: 60.9%

Full history →

Oshawa focus

Oshawa, Durham Region

$813,747

+$46,713 +6.1% up $46,713, 6.1% versus February 2023

Sales: 250
SP/LP: 105%
DOM: 14
SNLR: 66.8%

Full history →

Brock focus

Brock, Durham Region

$738,218

−$3,318 −0.4% down $3,318, 0.4% versus February 2023

Sales: 19
SP/LP: 95%
DOM: 27
SNLR: 63.3%

Full history →

All Durham Region areas

Home type

8 areas

Area	Sales	MoM	$ volume	Average	MoM	Median	New	Active	SP/LP	LDOM	PDOM	SNLR	MOI
Uxbridge focus Uxbridge, Durham Region	25	+10 +66.7% up 10, 66.7% versus February 2023	$33.2M	$1,329,780	+$102,987 +8.4% up $102,987, 8.4% versus February 2023	$1,320,000	43	41	99%	18	29	58.1%	1.6
Whitby focus Whitby, Durham Region	163	+53 +48.2% up 53, 48.2% versus February 2023	$167.2M	$1,025,545	+$49,976 +5.1% up $49,976, 5.1% versus February 2023	$975,000	253	157	103%	10	15	64.4%	1.0
Pickering focus Pickering, Durham Region	118	+27 +29.7% up 27, 29.7% versus February 2023	$118.0M	$1,000,173	+$134,810 +15.6% up $134,810, 15.6% versus February 2023	$972,500	160	106	102%	13	18	73.8%	0.9
Ajax focus Ajax, Durham Region	134	+57 +74.0% up 57, 74.0% versus February 2023	$133.5M	$996,001	−$10,922 −1.1% down $10,922, 1.1% versus February 2023	$937,750	186	92	105%	10	15	72.0%	0.7
Scugog focus Scugog, Durham Region	18	−2 −10.0% down 2, 10.0% versus February 2023	$16.0M	$887,403	−$43,550 −4.7% down $43,550, 4.7% versus February 2023	$922,625	28	34	98%	38	56	64.3%	1.9
Clarington focus Clarington, Durham Region	137	+31 +29.2% up 31, 29.2% versus February 2023	$114.9M	$838,373	−$49,358 −5.6% down $49,358, 5.6% versus February 2023	$810,000	225	155	104%	16	21	60.9%	1.1
Oshawa focus Oshawa, Durham Region	250	+82 +48.8% up 82, 48.8% versus February 2023	$203.4M	$813,747	+$46,713 +6.1% up $46,713, 6.1% versus February 2023	$775,000	374	234	105%	14	22	66.8%	0.9
Brock focus Brock, Durham Region	19	+5 +35.7% up 5, 35.7% versus February 2023	$14.0M	$738,218	−$3,318 −0.4% down $3,318, 0.4% versus February 2023	$680,000	30	33	95%	27	47	63.3%	1.7