Source: TRREB MarketWatch, November 2023

8 areas

Durham Region

November 2023

Headline indicators

All home types

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

$883,115

MoM −$48,433 −5.2% down $48,433, 5.2% versus October 2023 YoY −1.1% down 1.1% versus November 2022

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

$835,000

MoM −$15,500 −1.8% down $15,500, 1.8% versus October 2023 YoY +1.5% up 1.5% versus November 2022

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

$923,200

MoM −$19,800 −2.1% down $19,800, 2.1% versus October 2023 YoY +0.6% up 0.6% versus November 2022

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

540

MoM −48 −8.2% down 48, 8.2% versus October 2023 YoY −4.3% down 4.3% versus November 2022

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

$476.9M

MoM −$70,867,831 −12.9% down $70,867,831, 12.9% versus October 2023 YoY −5.3% down 5.3% versus November 2022

New listings — Properties newly listed during the month.

1,262

MoM −499 −28.3% down 499, 28.3% versus October 2023 YoY +21.7% up 21.7% versus November 2022

Active listings — Listings available at month end.

1,453

MoM −317 −17.9% down 317, 17.9% versus October 2023 YoY +41.8% up 41.8% versus November 2022

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

19

MoM +2 days +11.8% up 2 days, 11.8% versus October 2023 YoY +11.8% up 11.8% versus November 2022

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

33

MoM +7 days +26.9% up 7 days, 26.9% versus October 2023 YoY +26.9% up 26.9% versus November 2022

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

99%

MoM −2.0 pp −2.0% down 2.0 pp, 2.0% versus October 2023 YoY −1.0% down 1.0% versus November 2022

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

42.8%

MoM +9.4 pp +28.1% up 9.4 pp, 28.1% versus October 2023 YoY −21.3% down 21.3% versus November 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.

2.7

MoM −0 −10.6% down 0, 10.6% versus October 2023 YoY +48.1% up 48.1% versus November 2022

Trend

13 months to November 2023

Average price

Durham Region average selling price over the 13 months ending November 2023.
Month Average price
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
Nov '23 883115

Sales

Durham Region sales over the 13 months ending November 2023.
Month Sales
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
Nov '23 540

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 540 −48 −8.2% down 48, 8.2% versus October 2023 $883,115 −$48,433 −5.2% down $48,433, 5.2% versus October 2023 $835,000 42.8% 2.7
Detached 344 −60 −14.9% down 60, 14.9% versus October 2023 $988,150 −$35,157 −3.4% down $35,157, 3.4% versus October 2023 $925,000 42.4% 2.6
Semi-detached 37 −1 −2.6% down 1, 2.6% versus October 2023 $721,727 −$29,707 −4.0% down $29,707, 4.0% versus October 2023 $710,000 56.1% 1.1
Att/row/townhouse 70 +2 +2.9% up 2, 2.9% versus October 2023 $792,965 −$1,118 −0.1% down $1,118, 0.1% versus October 2023 $780,000 38.3% 3.1
Condo townhouse 49 +12 +32.4% up 12, 32.4% versus October 2023 $628,127 −$51,170 −7.5% down $51,170, 7.5% versus October 2023 $639,000 48.5% 2.7
Condo apartment 35 −2 −5.4% down 2, 5.4% versus October 2023 $572,737 −$55,174 −8.8% down $55,174, 8.8% versus October 2023 $515,000 39.3% 4.0
Link 5 +1 +25.0% up 1, 25.0% versus October 2023 $784,600 −$69,150 −8.1% down $69,150, 8.1% versus October 2023 $790,000 50.0% 1.2

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 385.3 $923,200 +0.6% up 0.6%
Single-family detached 378.7 $1,007,400 +0.7% up 0.7%
Single-family attached 417.4 $804,700 +0.5% up 0.5%
Townhouse 431.8 $660,700 +0.1% up 0.1%
Apartment 354.9 $581,300 +1.9% up 1.9%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Scugog +17.8% up 17.8%
  2. Brock +6.5% up 6.5%
  3. Ajax +3.8% up 3.8%
  4. Pickering +0.5% up 0.5%
  5. Oshawa −6.0% down 6.0%

Bottom 5

  1. Uxbridge −13.2% down 13.2%
  2. Clarington −9.0% down 9.0%
  3. Whitby −7.6% down 7.6%
  4. Oshawa −6.0% down 6.0%
  5. Pickering +0.5% up 0.5%

Sales, month-over-month

Top 5

  1. Oshawa +10.5% up 10.5%
  2. Clarington −7.9% down 7.9%
  3. Pickering −9.9% down 9.9%
  4. Whitby −10.0% down 10.0%
  5. Ajax −21.0% down 21.0%

Bottom 5

  1. Scugog −42.1% down 42.1%
  2. Brock −28.6% down 28.6%
  3. Uxbridge −26.3% down 26.3%
  4. Ajax −21.0% down 21.0%
  5. Whitby −10.0% down 10.0%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$1,206,714

−$183,049 −13.2% down $183,049, 13.2% versus October 2023

Sales
14
SP/LP
93%
DOM
27
SNLR
41.2%

Full history →

Scugog focus

Scugog, Durham Region

$1,118,455

+$169,192 +17.8% up $169,192, 17.8% versus October 2023

Sales
11
SP/LP
93%
DOM
24
SNLR
36.7%

Full history →

Ajax focus

Ajax, Durham Region

$988,956

+$36,072 +3.8% up $36,072, 3.8% versus October 2023

Sales
64
SP/LP
99%
DOM
17
SNLR
34.4%

Full history →

Whitby focus

Whitby, Durham Region

$949,392

−$77,881 −7.6% down $77,881, 7.6% versus October 2023

Sales
108
SP/LP
100%
DOM
17
SNLR
50.2%

Full history →

Pickering focus

Pickering, Durham Region

$944,130

+$4,887 +0.5% up $4,887, 0.5% versus October 2023

Sales
82
SP/LP
100%
DOM
18
SNLR
47.4%

Full history →

Clarington focus

Clarington, Durham Region

$831,695

−$82,538 −9.0% down $82,538, 9.0% versus October 2023

Sales
93
SP/LP
99%
DOM
20
SNLR
42.3%

Full history →

Brock focus

Brock, Durham Region

$765,490

+$46,583 +6.5% up $46,583, 6.5% versus October 2023

Sales
10
SP/LP
94%
DOM
19
SNLR
37.0%

Full history →

Oshawa focus

Oshawa, Durham Region

$755,926

−$48,121 −6.0% down $48,121, 6.0% versus October 2023

Sales
158
SP/LP
99%
DOM
19
SNLR
41.9%

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 14 −5 −26.3% down 5, 26.3% versus October 2023 $16.9M $1,206,714 −$183,049 −13.2% down $183,049, 13.2% versus October 2023 $1,147,500 34 58 93% 27 46 41.2% 4.1
Scugog focus Scugog, Durham Region 11 −8 −42.1% down 8, 42.1% versus October 2023 $12.3M $1,118,455 +$169,192 +17.8% up $169,192, 17.8% versus October 2023 $963,000 30 63 93% 24 43 36.7% 5.7
Ajax focus Ajax, Durham Region 64 −17 −21.0% down 17, 21.0% versus October 2023 $63.3M $988,956 +$36,072 +3.8% up $36,072, 3.8% versus October 2023 $912,500 186 199 99% 17 30 34.4% 3.1
Whitby focus Whitby, Durham Region 108 −12 −10.0% down 12, 10.0% versus October 2023 $102.5M $949,392 −$77,881 −7.6% down $77,881, 7.6% versus October 2023 $905,000 215 241 100% 17 32 50.2% 2.2
Pickering focus Pickering, Durham Region 82 −9 −9.9% down 9, 9.9% versus October 2023 $77.4M $944,130 +$4,887 +0.5% up $4,887, 0.5% versus October 2023 $860,000 173 248 100% 18 34 47.4% 3.0
Clarington focus Clarington, Durham Region 93 −8 −7.9% down 8, 7.9% versus October 2023 $77.3M $831,695 −$82,538 −9.0% down $82,538, 9.0% versus October 2023 $780,000 220 213 99% 20 34 42.3% 2.3
Brock focus Brock, Durham Region 10 −4 −28.6% down 4, 28.6% versus October 2023 $7.7M $765,490 +$46,583 +6.5% up $46,583, 6.5% versus October 2023 $685,950 27 46 94% 19 38 37.0% 4.6
Oshawa focus Oshawa, Durham Region 158 +15 +10.5% up 15, 10.5% versus October 2023 $119.4M $755,926 −$48,121 −6.0% down $48,121, 6.0% versus October 2023 $722,500 377 385 99% 19 31 41.9% 2.4