Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$931,548
MoM +$24,189 +2.7% up $24,189, 2.7% versus September 2023 YoY +4.2% up 4.2% versus October 2022
Source: TRREB MarketWatch, October 2023
8 areas
Durham Region
October 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.
$850,500
MoM −$4,500 −0.5% down $4,500, 0.5% versus September 2023 YoY +0.8% up 0.8% versus October 2022
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$943,000
MoM −$8,400 −0.9% down $8,400, 0.9% versus September 2023 YoY +1.6% up 1.6% versus October 2022
Sales — Firm transactions reported through the MLS® System during the month.
588
MoM −65 −10.0% down 65, 10.0% versus September 2023 YoY −7.0% down 7.0% versus October 2022
Dollar volume — Total value of all sales in the month.
$547.7M
MoM −$44,755,258 −7.6% down $44,755,258, 7.6% versus September 2023 YoY −3.0% down 3.0% versus October 2022
New listings — Properties newly listed during the month.
1,761
MoM +34 +2.0% up 34, 2.0% versus September 2023 YoY +48.9% up 48.9% versus October 2022
Active listings — Listings available at month end.
1,770
MoM +145 +8.9% up 145, 8.9% versus September 2023 YoY +61.9% up 61.9% versus October 2022
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
17
MoM no change no change versus September 2023 YoY +6.3% up 6.3% versus October 2022
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
26
MoM +1 day +4.0% up 1 day, 4.0% versus September 2023 YoY no change no change versus October 2022
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
101%
MoM −1.0 pp −1.0% down 1.0 pp, 1.0% versus September 2023 YoY +1.0% up 1.0% versus October 2022
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
33.4%
MoM −4.4 pp −11.7% down 4.4 pp, 11.7% versus September 2023 YoY −37.5% down 37.5% versus October 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.
3.0
MoM +1 +21.0% up 1, 21.0% versus September 2023 YoY +74.1% up 74.1% versus October 2022
Trend
13 months to October 2023
Average price
| Month | Average price |
|---|---|
| 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 |
| Aug '23 | 930852 |
| Sep '23 | 907359 |
| Oct '23 | 931548 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Aug '23 | 776 |
| Sep '23 | 653 |
| Oct '23 | 588 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 588 | −65 −10.0% down 65, 10.0% versus September 2023 | $931,548 | +$24,189 +2.7% up $24,189, 2.7% versus September 2023 | $850,500 | 33.4% | 3.0 |
| Detached | 404 | −8 −1.9% down 8, 1.9% versus September 2023 | $1,023,307 | +$4,542 +0.4% up $4,542, 0.4% versus September 2023 | $967,500 | 34.9% | 2.8 |
| Semi-detached | 38 | −5 −11.6% down 5, 11.6% versus September 2023 | $751,434 | +$618 +0.1% up $618, 0.1% versus September 2023 | $715,000 | 46.9% | 1.4 |
| Att/row/townhouse | 68 | −22 −24.4% down 22, 24.4% versus September 2023 | $794,083 | −$23,860 −2.9% down $23,860, 2.9% versus September 2023 | $792,500 | 25.3% | 4.2 |
| Condo townhouse | 37 | −10 −21.3% down 10, 21.3% versus September 2023 | $679,297 | +$17,431 +2.6% up $17,431, 2.6% versus September 2023 | $661,000 | 27.6% | 4.1 |
| Condo apartment | 37 | −17 −31.5% down 17, 31.5% versus September 2023 | $627,911 | +$71,035 +12.8% up $71,035, 12.8% versus September 2023 | $575,000 | 35.9% | 3.7 |
| Link | 4 | −3 −42.9% down 3, 42.9% versus September 2023 | $853,750 | +$40,179 +4.9% up $40,179, 4.9% versus September 2023 | $847,500 | 26.7% | 2.8 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 393.6 | $943,000 | +1.6% up 1.6% |
| Single-family detached | 387.7 | $1,031,300 | +1.7% up 1.7% |
| Single-family attached | 426 | $821,300 | +1.6% up 1.6% |
| Townhouse | 440.4 | $673,800 | +1.3% up 1.3% |
| Apartment | 351.2 | $575,200 | +0.4% up 0.4% |
Movers within Durham Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Clarington +7.3% up 7.3%
- Oshawa +6.2% up 6.2%
- Uxbridge +4.9% up 4.9%
- Whitby +2.3% up 2.3%
- Pickering −3.5% down 3.5%
Bottom 5
Durham Region
Uxbridge focus
Uxbridge, Durham Region
$1,389,763
+$65,118 +4.9% up $65,118, 4.9% versus September 2023
- Sales
- 19
- SP/LP
- 98%
- DOM
- 21
- SNLR
- 39.6%
Whitby focus
Whitby, Durham Region
$1,027,273
+$23,522 +2.3% up $23,522, 2.3% versus September 2023
- Sales
- 120
- SP/LP
- 101%
- DOM
- 17
- SNLR
- 34.0%
Ajax focus
Ajax, Durham Region
$952,884
−$40,177 −4.0% down $40,177, 4.0% versus September 2023
- Sales
- 81
- SP/LP
- 102%
- DOM
- 13
- SNLR
- 32.9%
Scugog focus
Scugog, Durham Region
$949,263
−$191,237 −16.8% down $191,237, 16.8% versus September 2023
- Sales
- 19
- SP/LP
- 97%
- DOM
- 20
- SNLR
- 40.4%
Pickering focus
Pickering, Durham Region
$939,243
−$34,338 −3.5% down $34,338, 3.5% versus September 2023
- Sales
- 91
- SP/LP
- 100%
- DOM
- 19
- SNLR
- 31.5%
Clarington focus
Clarington, Durham Region
$914,233
+$61,860 +7.3% up $61,860, 7.3% versus September 2023
- Sales
- 101
- SP/LP
- 100%
- DOM
- 15
- SNLR
- 36.1%
Oshawa focus
Oshawa, Durham Region
$804,047
+$47,141 +6.2% up $47,141, 6.2% versus September 2023
- Sales
- 143
- SP/LP
- 101%
- DOM
- 19
- SNLR
- 30.9%
Brock focus
Brock, Durham Region
$718,907
−$48,218 −6.3% down $48,218, 6.3% versus September 2023
- Sales
- 14
- SP/LP
- 98%
- DOM
- 23
- SNLR
- 38.9%
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 | 19 | no change no change versus September 2023 | $26.4M | $1,389,763 | +$65,118 +4.9% up $65,118, 4.9% versus September 2023 | $1,150,000 | 48 | 69 | 98% | 21 | 29 | 39.6% | 3.6 |
| Whitby focus Whitby, Durham Region | 120 | −4 −3.2% down 4, 3.2% versus September 2023 | $123.3M | $1,027,273 | +$23,522 +2.3% up $23,522, 2.3% versus September 2023 | $970,000 | 353 | 335 | 101% | 17 | 28 | 34.0% | 2.8 |
| Ajax focus Ajax, Durham Region | 81 | −6 −6.9% down 6, 6.9% versus September 2023 | $77.2M | $952,884 | −$40,177 −4.0% down $40,177, 4.0% versus September 2023 | $890,000 | 246 | 220 | 102% | 13 | 20 | 32.9% | 2.7 |
| Scugog focus Scugog, Durham Region | 19 | −2 −9.5% down 2, 9.5% versus September 2023 | $18.0M | $949,263 | −$191,237 −16.8% down $191,237, 16.8% versus September 2023 | $870,000 | 47 | 62 | 97% | 20 | 31 | 40.4% | 3.3 |
| Pickering focus Pickering, Durham Region | 91 | +14 +18.2% up 14, 18.2% versus September 2023 | $85.5M | $939,243 | −$34,338 −3.5% down $34,338, 3.5% versus September 2023 | $875,000 | 289 | 297 | 100% | 19 | 28 | 31.5% | 3.3 |
| Clarington focus Clarington, Durham Region | 101 | −18 −15.1% down 18, 15.1% versus September 2023 | $92.3M | $914,233 | +$61,860 +7.3% up $61,860, 7.3% versus September 2023 | $815,000 | 280 | 277 | 100% | 15 | 23 | 36.1% | 2.7 |
| Oshawa focus Oshawa, Durham Region | 143 | −43 −23.1% down 43, 23.1% versus September 2023 | $115.0M | $804,047 | +$47,141 +6.2% up $47,141, 6.2% versus September 2023 | $755,000 | 462 | 458 | 101% | 19 | 28 | 30.9% | 3.2 |
| Brock focus Brock, Durham Region | 14 | −6 −30.0% down 6, 30.0% versus September 2023 | $10.1M | $718,907 | −$48,218 −6.3% down $48,218, 6.3% versus September 2023 | $626,000 | 36 | 52 | 98% | 23 | 30 | 38.9% | 3.7 |