Source: TRREB MarketWatch, June 2023

8 areas

Durham Region

June 2023

Headline indicators

All home types

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

$999,787

MoM +$11,143 +1.1% up $11,143, 1.1% versus May 2023 YoY +3.1% up 3.1% versus June 2022

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

$930,000

MoM no change no change versus May 2023 YoY +5.1% up 5.1% versus June 2022

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

$997,600

MoM +$16,500 +1.7% up $16,500, 1.7% versus May 2023 YoY −2.7% down 2.7% versus June 2022

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

898

MoM −169 −15.8% down 169, 15.8% versus May 2023 YoY −7.1% down 7.1% versus June 2022

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

$897.8M

MoM −$157,074,743 −14.9% down $157,074,743, 14.9% versus May 2023 YoY −4.2% down 4.2% versus June 2022

New listings — Properties newly listed during the month.

1,860

MoM +210 +12.7% up 210, 12.7% versus May 2023 YoY −6.0% down 6.0% versus June 2022

Active listings — Listings available at month end.

1,336

MoM +321 +31.6% up 321, 31.6% versus May 2023 YoY −5.6% down 5.6% versus June 2022

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

11

MoM no change no change versus May 2023 YoY −8.3% down 8.3% versus June 2022

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

15

MoM no change no change versus May 2023 YoY −21.1% down 21.1% versus June 2022

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

107%

MoM −1.0 pp −0.9% down 1.0 pp, 0.9% versus May 2023 YoY +2.9% up 2.9% versus June 2022

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

48.3%

MoM −16.4 pp −25.3% down 16.4 pp, 25.3% versus May 2023 YoY −1.2% down 1.2% versus June 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.

1.5

MoM +1 +56.4% up 1, 56.4% versus May 2023 YoY +1.7% up 1.7% versus June 2022

Trend

13 months to June 2023

Average price

Durham Region average selling price over the 13 months ending June 2023.
Month Average price
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
Jun '23 999787

Sales

Durham Region sales over the 13 months ending June 2023.
Month Sales
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
Jun '23 898

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 898 −169 −15.8% down 169, 15.8% versus May 2023 $999,787 +$11,143 +1.1% up $11,143, 1.1% versus May 2023 $930,000 48.3% 1.5
Detached 599 −127 −17.5% down 127, 17.5% versus May 2023 $1,109,373 +$25,567 +2.4% up $25,567, 2.4% versus May 2023 $1,030,000 46.9% 1.5
Semi-detached 57 +4 +7.5% up 4, 7.5% versus May 2023 $825,360 −$43,358 −5.0% down $43,358, 5.0% versus May 2023 $811,000 60.6% 0.9
Att/row/townhouse 105 −14 −11.8% down 14, 11.8% versus May 2023 $902,498 +$6,528 +0.7% up $6,528, 0.7% versus May 2023 $890,000 44.5% 1.6
Condo townhouse 69 −17 −19.8% down 17, 19.8% versus May 2023 $685,084 −$50,778 −6.9% down $50,778, 6.9% versus May 2023 $689,000 46.0% 1.6
Condo apartment 59 −13 −18.1% down 13, 18.1% versus May 2023 $609,667 +$24,732 +4.2% up $24,732, 4.2% versus May 2023 $565,000 62.8% 1.6
Link 9 −2 −18.2% down 2, 18.2% versus May 2023 $916,111 +$8,975 +1.0% up $8,975, 1.0% versus May 2023 $930,000 90.0% 0.4

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 416.4 $997,600 −2.7% down 2.7%
Single-family detached 410.6 $1,092,200 −2.3% down 2.3%
Single-family attached 456.5 $880,100 −1.1% down 1.1%
Townhouse 451.2 $690,300 −7.9% down 7.9%
Apartment 367.5 $601,900 −7.8% down 7.8%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Pickering +4.7% up 4.7%
  2. Uxbridge +3.0% up 3.0%
  3. Clarington +2.0% up 2.0%
  4. Oshawa −0.1% down 0.1%
  5. Whitby −1.4% down 1.4%

Bottom 5

  1. Ajax −2.8% down 2.8%
  2. Brock −2.4% down 2.4%
  3. Scugog −1.4% down 1.4%
  4. Whitby −1.4% down 1.4%
  5. Oshawa −0.1% down 0.1%

Sales, month-over-month

Top 5

  1. Brock +26.7% up 26.7%
  2. Uxbridge +17.2% up 17.2%
  3. Clarington −8.6% down 8.6%
  4. Whitby −9.1% down 9.1%
  5. Pickering −13.8% down 13.8%

Bottom 5

  1. Scugog −30.2% down 30.2%
  2. Oshawa −26.9% down 26.9%
  3. Ajax −18.5% down 18.5%
  4. Pickering −13.8% down 13.8%
  5. Whitby −9.1% down 9.1%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$1,334,329

+$38,281 +3.0% up $38,281, 3.0% versus May 2023

Sales
34
SP/LP
99%
DOM
11
SNLR
56.7%

Full history →

Pickering focus

Pickering, Durham Region

$1,128,559

+$50,563 +4.7% up $50,563, 4.7% versus May 2023

Sales
125
SP/LP
107%
DOM
11
SNLR
47.0%

Full history →

Whitby focus

Whitby, Durham Region

$1,097,422

−$15,787 −1.4% down $15,787, 1.4% versus May 2023

Sales
170
SP/LP
108%
DOM
11
SNLR
49.9%

Full history →

Ajax focus

Ajax, Durham Region

$1,033,861

−$30,027 −2.8% down $30,027, 2.8% versus May 2023

Sales
123
SP/LP
109%
DOM
8
SNLR
50.2%

Full history →

Scugog focus

Scugog, Durham Region

$996,633

−$14,509 −1.4% down $14,509, 1.4% versus May 2023

Sales
30
SP/LP
103%
DOM
17
SNLR
44.1%

Full history →

Clarington focus

Clarington, Durham Region

$936,572

+$18,007 +2.0% up $18,007, 2.0% versus May 2023

Sales
169
SP/LP
108%
DOM
10
SNLR
53.0%

Full history →

Oshawa focus

Oshawa, Durham Region

$854,822

−$860 −0.1% down $860, 0.1% versus May 2023

Sales
228
SP/LP
110%
DOM
11
SNLR
45.0%

Full history →

Brock focus

Brock, Durham Region

$766,616

−$19,044 −2.4% down $19,044, 2.4% versus May 2023

Sales
19
SP/LP
99%
DOM
13
SNLR
35.2%

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 34 +5 +17.2% up 5, 17.2% versus May 2023 $45.4M $1,334,329 +$38,281 +3.0% up $38,281, 3.0% versus May 2023 $1,298,500 60 57 99% 11 23 56.7% 1.7
Pickering focus Pickering, Durham Region 125 −20 −13.8% down 20, 13.8% versus May 2023 $141.1M $1,128,559 +$50,563 +4.7% up $50,563, 4.7% versus May 2023 $1,015,500 266 190 107% 11 14 47.0% 1.5
Whitby focus Whitby, Durham Region 170 −17 −9.1% down 17, 9.1% versus May 2023 $186.6M $1,097,422 −$15,787 −1.4% down $15,787, 1.4% versus May 2023 $1,030,000 341 212 108% 11 16 49.9% 1.3
Ajax focus Ajax, Durham Region 123 −28 −18.5% down 28, 18.5% versus May 2023 $127.2M $1,033,861 −$30,027 −2.8% down $30,027, 2.8% versus May 2023 $995,500 245 160 109% 8 11 50.2% 1.3
Scugog focus Scugog, Durham Region 30 −13 −30.2% down 13, 30.2% versus May 2023 $29.9M $996,633 −$14,509 −1.4% down $14,509, 1.4% versus May 2023 $902,500 68 68 103% 17 20 44.1% 2.3
Clarington focus Clarington, Durham Region 169 −16 −8.6% down 16, 8.6% versus May 2023 $158.3M $936,572 +$18,007 +2.0% up $18,007, 2.0% versus May 2023 $860,000 319 221 108% 10 14 53.0% 1.3
Oshawa focus Oshawa, Durham Region 228 −84 −26.9% down 84, 26.9% versus May 2023 $194.9M $854,822 −$860 −0.1% down $860, 0.1% versus May 2023 $810,000 507 365 110% 11 13 45.0% 1.6
Brock focus Brock, Durham Region 19 +4 +26.7% up 4, 26.7% versus May 2023 $14.6M $766,616 −$19,044 −2.4% down $19,044, 2.4% versus May 2023 $694,900 54 63 99% 13 24 35.2% 3.3