Source: TRREB MarketWatch, July 2023

8 areas

Durham Region

July 2023

Headline indicators

All home types

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

$961,852

MoM −$37,935 −3.8% down $37,935, 3.8% versus June 2023 YoY +6.7% up 6.7% versus July 2022

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

$895,000

MoM −$35,000 −3.8% down $35,000, 3.8% versus June 2023 YoY +5.3% up 5.3% versus July 2022

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

$992,900

MoM −$4,700 −0.5% down $4,700, 0.5% versus June 2023 YoY +1.1% up 1.1% versus July 2022

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

770

MoM −128 −14.3% down 128, 14.3% versus June 2023 YoY +10.0% up 10.0% versus July 2022

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

$740.6M

MoM −$157,182,487 −17.5% down $157,182,487, 17.5% versus June 2023 YoY +17.4% up 17.4% versus July 2022

New listings — Properties newly listed during the month.

1,677

MoM −183 −9.8% down 183, 9.8% versus June 2023 YoY +14.8% up 14.8% versus July 2022

Active listings — Listings available at month end.

1,416

MoM +80 +6.0% up 80, 6.0% versus June 2023 YoY +4.7% up 4.7% versus July 2022

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

14

MoM +3 days +27.3% up 3 days, 27.3% versus June 2023 YoY −6.7% down 6.7% versus July 2022

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

19

MoM +4 days +26.7% up 4 days, 26.7% versus June 2023 YoY −20.8% down 20.8% versus July 2022

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

104%

MoM −3.0 pp −2.8% down 3.0 pp, 2.8% versus June 2023 YoY +3.0% up 3.0% versus July 2022

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

45.9%

MoM −2.4 pp −4.9% down 2.4 pp, 4.9% versus June 2023 YoY −4.2% down 4.2% versus July 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.

1.8

MoM +0 +23.6% up 0, 23.6% versus June 2023 YoY −4.9% down 4.9% versus July 2022

Trend

13 months to July 2023

Average price

Durham Region average selling price over the 13 months ending July 2023.
Month Average price
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
Jul '23 961852

Sales

Durham Region sales over the 13 months ending July 2023.
Month Sales
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
Jul '23 770

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 770 −128 −14.3% down 128, 14.3% versus June 2023 $961,852 −$37,935 −3.8% down $37,935, 3.8% versus June 2023 $895,000 45.9% 1.8
Detached 532 −67 −11.2% down 67, 11.2% versus June 2023 $1,050,182 −$59,191 −5.3% down $59,191, 5.3% versus June 2023 $975,500 47.5% 1.8
Semi-detached 38 −19 −33.3% down 19, 33.3% versus June 2023 $825,374 +$14 +0.0% up $14, 0.0% versus June 2023 $775,000 44.2% 1.4
Att/row/townhouse 87 −18 −17.1% down 18, 17.1% versus June 2023 $877,756 −$24,742 −2.7% down $24,742, 2.7% versus June 2023 $860,000 37.0% 2.3
Condo townhouse 54 −15 −21.7% down 15, 21.7% versus June 2023 $713,283 +$28,199 +4.1% up $28,199, 4.1% versus June 2023 $698,700 44.3% 2.0
Condo apartment 53 −6 −10.2% down 6, 10.2% versus June 2023 $582,722 −$26,945 −4.4% down $26,945, 4.4% versus June 2023 $580,000 55.2% 1.9
Link 6 −3 −33.3% down 3, 33.3% versus June 2023 $799,822 −$116,289 −12.7% down $116,289, 12.7% versus June 2023 $785,000 31.6% 1.8

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 414.4 $992,900 +1.1% up 1.1%
Single-family detached 408.8 $1,087,400 +1.6% up 1.6%
Single-family attached 451.3 $870,200 +2.1% up 2.1%
Townhouse 455.7 $697,200 −3.7% down 3.7%
Apartment 364.4 $596,900 −5.0% down 5.0%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Uxbridge +10.8% up 10.8%
  2. Brock +7.0% up 7.0%
  3. Whitby −2.2% down 2.2%
  4. Scugog −2.3% down 2.3%
  5. Ajax −2.3% down 2.3%

Bottom 5

  1. Pickering −8.8% down 8.8%
  2. Clarington −4.4% down 4.4%
  3. Oshawa −2.9% down 2.9%
  4. Ajax −2.3% down 2.3%
  5. Scugog −2.3% down 2.3%

Sales, month-over-month

Top 5

  1. Scugog +16.7% up 16.7%
  2. Brock +5.3% up 5.3%
  3. Clarington −3.6% down 3.6%
  4. Pickering −13.6% down 13.6%
  5. Oshawa −14.9% down 14.9%

Bottom 5

  1. Uxbridge −32.4% down 32.4%
  2. Ajax −28.5% down 28.5%
  3. Whitby −18.2% down 18.2%
  4. Oshawa −14.9% down 14.9%
  5. Pickering −13.6% down 13.6%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$1,478,565

+$144,236 +10.8% up $144,236, 10.8% versus June 2023

Sales
23
SP/LP
99%
DOM
18
SNLR
50.0%

Full history →

Whitby focus

Whitby, Durham Region

$1,073,743

−$23,679 −2.2% down $23,679, 2.2% versus June 2023

Sales
139
SP/LP
105%
DOM
12
SNLR
48.1%

Full history →

Pickering focus

Pickering, Durham Region

$1,029,111

−$99,448 −8.8% down $99,448, 8.8% versus June 2023

Sales
108
SP/LP
102%
DOM
13
SNLR
44.3%

Full history →

Ajax focus

Ajax, Durham Region

$1,009,569

−$24,292 −2.3% down $24,292, 2.3% versus June 2023

Sales
88
SP/LP
106%
DOM
11
SNLR
40.0%

Full history →

Scugog focus

Scugog, Durham Region

$973,843

−$22,790 −2.3% down $22,790, 2.3% versus June 2023

Sales
35
SP/LP
101%
DOM
17
SNLR
58.3%

Full history →

Clarington focus

Clarington, Durham Region

$895,220

−$41,352 −4.4% down $41,352, 4.4% versus June 2023

Sales
163
SP/LP
105%
DOM
14
SNLR
58.4%

Full history →

Oshawa focus

Oshawa, Durham Region

$829,759

−$25,063 −2.9% down $25,063, 2.9% versus June 2023

Sales
194
SP/LP
104%
DOM
15
SNLR
38.0%

Full history →

Brock focus

Brock, Durham Region

$820,203

+$53,587 +7.0% up $53,587, 7.0% versus June 2023

Sales
20
SP/LP
101%
DOM
25
SNLR
69.0%

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 23 −11 −32.4% down 11, 32.4% versus June 2023 $34.0M $1,478,565 +$144,236 +10.8% up $144,236, 10.8% versus June 2023 $1,450,000 46 55 99% 18 26 50.0% 2.4
Whitby focus Whitby, Durham Region 139 −31 −18.2% down 31, 18.2% versus June 2023 $149.3M $1,073,743 −$23,679 −2.2% down $23,679, 2.2% versus June 2023 $1,020,000 289 219 105% 12 16 48.1% 1.6
Pickering focus Pickering, Durham Region 108 −17 −13.6% down 17, 13.6% versus June 2023 $111.1M $1,029,111 −$99,448 −8.8% down $99,448, 8.8% versus June 2023 $952,500 244 199 102% 13 16 44.3% 1.8
Ajax focus Ajax, Durham Region 88 −35 −28.5% down 35, 28.5% versus June 2023 $88.8M $1,009,569 −$24,292 −2.3% down $24,292, 2.3% versus June 2023 $962,500 220 188 106% 11 15 40.0% 2.1
Scugog focus Scugog, Durham Region 35 +5 +16.7% up 5, 16.7% versus June 2023 $34.1M $973,843 −$22,790 −2.3% down $22,790, 2.3% versus June 2023 $895,000 60 72 101% 17 23 58.3% 2.1
Clarington focus Clarington, Durham Region 163 −6 −3.6% down 6, 3.6% versus June 2023 $145.9M $895,220 −$41,352 −4.4% down $41,352, 4.4% versus June 2023 $847,000 279 209 105% 14 20 58.4% 1.3
Oshawa focus Oshawa, Durham Region 194 −34 −14.9% down 34, 14.9% versus June 2023 $161.0M $829,759 −$25,063 −2.9% down $25,063, 2.9% versus June 2023 $778,000 510 416 104% 15 21 38.0% 2.1
Brock focus Brock, Durham Region 20 +1 +5.3% up 1, 5.3% versus June 2023 $16.4M $820,203 +$53,587 +7.0% up $53,587, 7.0% versus June 2023 $761,500 29 58 101% 25 26 69.0% 2.9