Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$988,644
MoM +$32,404 +3.4% up $32,404, 3.4% versus April 2023 YoY −0.7% down 0.7% versus May 2022
Source: TRREB MarketWatch, May 2023
8 areas
Durham Region
May 2023
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$930,000
MoM +$25,000 +2.8% up $25,000, 2.8% versus April 2023 YoY no change no change versus May 2022
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$981,100
MoM +$8,900 +0.9% up $8,900, 0.9% versus April 2023 YoY −10.5% down 10.5% versus May 2022
Sales — Firm transactions reported through the MLS® System during the month.
1,067
MoM +164 +18.2% up 164, 18.2% versus April 2023 YoY +4.1% up 4.1% versus May 2022
Dollar volume — Total value of all sales in the month.
$1.05B
MoM +$191,398,616 +22.2% up $191,398,616, 22.2% versus April 2023 YoY +3.4% up 3.4% versus May 2022
New listings — Properties newly listed during the month.
1,650
MoM +427 +34.9% up 427, 34.9% versus April 2023 YoY −27.0% down 27.0% versus May 2022
Active listings — Listings available at month end.
1,015
MoM +153 +17.7% up 153, 17.7% versus April 2023 YoY −27.0% down 27.0% versus May 2022
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
11
MoM −1 day −8.3% down 1 day, 8.3% versus April 2023 YoY +10.0% up 10.0% versus May 2022
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
15
MoM −1 day −6.3% down 1 day, 6.3% versus April 2023 YoY no change no change versus May 2022
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
108%
MoM +1.0 pp +0.9% up 1.0 pp, 0.9% versus April 2023 YoY no change no change versus May 2022
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
64.7%
MoM −9.2 pp −12.4% down 9.2 pp, 12.4% versus April 2023 YoY +42.6% up 42.6% versus May 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.
0.9
MoM −0 −0.3% down 0, 0.3% versus April 2023 YoY −29.9% down 29.9% versus May 2022
Trend
13 months to May 2023
Average price
| Month | Average price |
|---|---|
| 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 |
| Apr '23 | 956240 |
| May '23 | 988644 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Apr '23 | 903 |
| May '23 | 1067 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,067 | +164 +18.2% up 164, 18.2% versus April 2023 | $988,644 | +$32,404 +3.4% up $32,404, 3.4% versus April 2023 | $930,000 | 64.7% | 0.9 |
| Detached | 726 | +127 +21.2% up 127, 21.2% versus April 2023 | $1,083,806 | +$24,424 +2.3% up $24,424, 2.3% versus April 2023 | $1,017,500 | 63.5% | 0.9 |
| Semi-detached | 53 | −1 −1.9% down 1, 1.9% versus April 2023 | $868,718 | +$47,564 +5.8% up $47,564, 5.8% versus April 2023 | $827,000 | 64.6% | 0.8 |
| Att/row/townhouse | 119 | +18 +17.8% up 18, 17.8% versus April 2023 | $895,970 | +$22,737 +2.6% up $22,737, 2.6% versus April 2023 | $900,000 | 63.0% | 1.0 |
| Condo townhouse | 86 | +19 +28.4% up 19, 28.4% versus April 2023 | $735,862 | +$49,664 +7.2% up $49,664, 7.2% versus April 2023 | $752,750 | 66.7% | 0.8 |
| Condo apartment | 72 | +1 +1.4% up 1, 1.4% versus April 2023 | $584,935 | +$5,910 +1.0% up $5,910, 1.0% versus April 2023 | $557,500 | 80.0% | 1.2 |
| Link | 11 | +1 +10.0% up 1, 10.0% versus April 2023 | $907,136 | +$45,136 +5.2% up $45,136, 5.2% versus April 2023 | $860,000 | 64.7% | 0.6 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 409.5 | $981,100 | −10.5% down 10.5% |
| Single-family detached | 403 | $1,072,000 | −10.4% down 10.4% |
| Single-family attached | 448.1 | $863,900 | −9.1% down 9.1% |
| Townhouse | 454 | $694,600 | −11.7% down 11.7% |
| Apartment | 355.7 | $582,700 | −14.6% down 14.6% |
Movers within Durham Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Uxbridge +17.8% up 17.8%
- Ajax +6.2% up 6.2%
- Whitby +4.3% up 4.3%
- Clarington +3.1% up 3.1%
- Oshawa +2.6% up 2.6%
Bottom 5
- Scugog −0.2% down 0.2%
- Brock +0.2% up 0.2%
- Pickering +2.1% up 2.1%
- Oshawa +2.6% up 2.6%
- Clarington +3.1% up 3.1%
Durham Region
Uxbridge focus
Uxbridge, Durham Region
$1,296,048
+$196,194 +17.8% up $196,194, 17.8% versus April 2023
- Sales
- 29
- SP/LP
- 99%
- DOM
- 23
- SNLR
- 53.7%
Whitby focus
Whitby, Durham Region
$1,113,209
+$45,396 +4.3% up $45,396, 4.3% versus April 2023
- Sales
- 187
- SP/LP
- 109%
- DOM
- 9
- SNLR
- 63.0%
Pickering focus
Pickering, Durham Region
$1,077,996
+$21,712 +2.1% up $21,712, 2.1% versus April 2023
- Sales
- 145
- SP/LP
- 108%
- DOM
- 11
- SNLR
- 63.9%
Ajax focus
Ajax, Durham Region
$1,063,888
+$61,868 +6.2% up $61,868, 6.2% versus April 2023
- Sales
- 151
- SP/LP
- 110%
- DOM
- 9
- SNLR
- 67.4%
Scugog focus
Scugog, Durham Region
$1,011,142
−$2,194 −0.2% down $2,194, 0.2% versus April 2023
- Sales
- 43
- SP/LP
- 103%
- DOM
- 15
- SNLR
- 65.2%
Clarington focus
Clarington, Durham Region
$918,565
+$28,008 +3.1% up $28,008, 3.1% versus April 2023
- Sales
- 185
- SP/LP
- 108%
- DOM
- 12
- SNLR
- 66.3%
Oshawa focus
Oshawa, Durham Region
$855,682
+$21,968 +2.6% up $21,968, 2.6% versus April 2023
- Sales
- 312
- SP/LP
- 111%
- DOM
- 11
- SNLR
- 66.7%
Brock focus
Brock, Durham Region
$785,660
+$1,595 +0.2% up $1,595, 0.2% versus April 2023
- Sales
- 15
- SP/LP
- 97%
- DOM
- 25
- SNLR
- 42.9%
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 | 29 | +5 +20.8% up 5, 20.8% versus April 2023 | $37.6M | $1,296,048 | +$196,194 +17.8% up $196,194, 17.8% versus April 2023 | $1,130,000 | 54 | 50 | 99% | 23 | 27 | 53.7% | 1.7 |
| Whitby focus Whitby, Durham Region | 187 | −13 −6.5% down 13, 6.5% versus April 2023 | $208.2M | $1,113,209 | +$45,396 +4.3% up $45,396, 4.3% versus April 2023 | $1,052,711 | 297 | 154 | 109% | 9 | 14 | 63.0% | 0.8 |
| Pickering focus Pickering, Durham Region | 145 | +37 +34.3% up 37, 34.3% versus April 2023 | $156.3M | $1,077,996 | +$21,712 +2.1% up $21,712, 2.1% versus April 2023 | $995,000 | 227 | 142 | 108% | 11 | 14 | 63.9% | 1.0 |
| Ajax focus Ajax, Durham Region | 151 | +28 +22.8% up 28, 22.8% versus April 2023 | $160.6M | $1,063,888 | +$61,868 +6.2% up $61,868, 6.2% versus April 2023 | $1,005,600 | 224 | 120 | 110% | 9 | 11 | 67.4% | 0.8 |
| Scugog focus Scugog, Durham Region | 43 | +20 +87.0% up 20, 87.0% versus April 2023 | $43.5M | $1,011,142 | −$2,194 −0.2% down $2,194, 0.2% versus April 2023 | $935,000 | 66 | 56 | 103% | 15 | 24 | 65.2% | 1.3 |
| Clarington focus Clarington, Durham Region | 185 | +23 +14.2% up 23, 14.2% versus April 2023 | $169.9M | $918,565 | +$28,008 +3.1% up $28,008, 3.1% versus April 2023 | $870,000 | 279 | 167 | 108% | 12 | 14 | 66.3% | 0.9 |
| Oshawa focus Oshawa, Durham Region | 312 | +62 +24.8% up 62, 24.8% versus April 2023 | $267.0M | $855,682 | +$21,968 +2.6% up $21,968, 2.6% versus April 2023 | $820,900 | 468 | 280 | 111% | 11 | 14 | 66.7% | 0.9 |
| Brock focus Brock, Durham Region | 15 | +2 +15.4% up 2, 15.4% versus April 2023 | $11.8M | $785,660 | +$1,595 +0.2% up $1,595, 0.2% versus April 2023 | $740,000 | 35 | 46 | 97% | 25 | 37 | 42.9% | 3.1 |