Source: TRREB MarketWatch, February 2024

8 areas

Durham Region

February 2024

Headline indicators

All home types

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

$919,017

MoM +$24,192 +2.7% up $24,192, 2.7% versus January 2024 YoY +3.4% up 3.4% versus February 2023

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

$870,000

MoM +$20,001 +2.4% up $20,001, 2.4% versus January 2024 YoY +2.4% up 2.4% versus February 2023

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

$920,700

MoM +$19,000 +2.1% up $19,000, 2.1% versus January 2024 YoY +0.2% up 0.2% versus February 2023

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

745

MoM +206 +38.2% up 206, 38.2% versus January 2024 YoY +24.0% up 24.0% versus February 2023

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

$684.7M

MoM +$202,357,498 +42.0% up $202,357,498, 42.0% versus January 2024 YoY +28.2% up 28.2% versus February 2023

New listings — Properties newly listed during the month.

1,217

MoM +389 +47.0% up 389, 47.0% versus January 2024 YoY +35.8% up 35.8% versus February 2023

Active listings — Listings available at month end.

801

MoM +50 +6.7% up 50, 6.7% versus January 2024 YoY +3.1% up 3.1% versus February 2023

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

20

MoM −13 days −39.4% down 13 days, 39.4% versus January 2024 YoY +17.6% up 17.6% versus February 2023

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

32

MoM −16 days −33.3% down 16 days, 33.3% versus January 2024 YoY +28.0% up 28.0% versus February 2023

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

102%

MoM +3.0 pp +3.0% up 3.0 pp, 3.0% versus January 2024 YoY no change no change versus February 2023

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

61.2%

MoM −3.9 pp −6.0% down 3.9 pp, 6.0% versus January 2024 YoY −8.7% down 8.7% versus February 2023

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.

1.1

MoM −0 −22.8% down 0, 22.8% versus January 2024 YoY −16.8% down 16.8% versus February 2023

Trend

13 months to February 2024

Average price

Durham Region average selling price over the 13 months ending February 2024.
Month Average price
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
Dec '23 860622
Jan '24 894825
Feb '24 919017

Sales

Durham Region sales over the 13 months ending February 2024.
Month Sales
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
Dec '23 468
Jan '24 539
Feb '24 745

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 745 +206 +38.2% up 206, 38.2% versus January 2024 $919,017 +$24,192 +2.7% up $24,192, 2.7% versus January 2024 $870,000 61.2% 1.1
Detached 464 +113 +32.2% up 113, 32.2% versus January 2024 $1,021,551 +$33,351 +3.4% up $33,351, 3.4% versus January 2024 $980,500 63.3% 1.0
Semi-detached 40 +10 +33.3% up 10, 33.3% versus January 2024 $805,764 −$33,156 −4.0% down $33,156, 4.0% versus January 2024 $786,000 61.5% 0.5
Att/row/townhouse 125 +51 +68.9% up 51, 68.9% versus January 2024 $842,658 +$28,944 +3.6% up $28,944, 3.6% versus January 2024 $830,000 60.1% 1.0
Condo townhouse 61 +24 +64.9% up 24, 64.9% versus January 2024 $674,856 +$28,532 +4.4% up $28,532, 4.4% versus January 2024 $680,000 64.2% 1.4
Condo apartment 48 +8 +20.0% up 8, 20.0% versus January 2024 $548,815 +$34,059 +6.6% up $34,059, 6.6% versus January 2024 $537,500 46.6% 2.4
Link 7 no change no change versus January 2024 $799,429 +$4,358 +0.5% up $4,358, 0.5% versus January 2024 $770,000 53.9% 0.0

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 384.3 $920,700 +0.2% up 0.2%
Single-family detached 378.4 $1,006,500 +0.3% up 0.3%
Single-family attached 419.9 $809,500 +0.1% up 0.1%
Townhouse 425 $650,300 +0.2% up 0.2%
Apartment 331.7 $543,400 −2.6% down 2.6%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Brock +14.3% up 14.3%
  2. Scugog +9.2% up 9.2%
  3. Uxbridge +8.5% up 8.5%
  4. Ajax +4.7% up 4.7%
  5. Pickering +4.2% up 4.2%

Bottom 5

  1. Clarington −0.3% down 0.3%
  2. Whitby +0.1% up 0.1%
  3. Oshawa +3.9% up 3.9%
  4. Pickering +4.2% up 4.2%
  5. Ajax +4.7% up 4.7%

Sales, month-over-month

Top 5

  1. Scugog +100.0% up 100.0%
  2. Clarington +89.0% up 89.0%
  3. Pickering +45.1% up 45.1%
  4. Whitby +31.8% up 31.8%
  5. Oshawa +26.9% up 26.9%

Bottom 5

  1. Ajax +8.0% up 8.0%
  2. Brock +16.7% up 16.7%
  3. Uxbridge +26.7% up 26.7%
  4. Oshawa +26.9% up 26.9%
  5. Whitby +31.8% up 31.8%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$1,197,653

+$94,220 +8.5% up $94,220, 8.5% versus January 2024

Sales
19
SP/LP
97%
DOM
27
SNLR
43.2%

Full history →

Scugog focus

Scugog, Durham Region

$1,104,695

+$92,935 +9.2% up $92,935, 9.2% versus January 2024

Sales
20
SP/LP
98%
DOM
42
SNLR
54.0%

Full history →

Whitby focus

Whitby, Durham Region

$1,030,308

+$1,237 +0.1% up $1,237, 0.1% versus January 2024

Sales
141
SP/LP
103%
DOM
16
SNLR
61.0%

Full history →

Pickering focus

Pickering, Durham Region

$994,710

+$40,186 +4.2% up $40,186, 4.2% versus January 2024

Sales
103
SP/LP
101%
DOM
21
SNLR
57.5%

Full history →

Ajax focus

Ajax, Durham Region

$970,533

+$43,415 +4.7% up $43,415, 4.7% versus January 2024

Sales
81
SP/LP
103%
DOM
20
SNLR
60.0%

Full history →

Clarington focus

Clarington, Durham Region

$831,846

−$2,584 −0.3% down $2,584, 0.3% versus January 2024

Sales
155
SP/LP
103%
DOM
22
SNLR
73.5%

Full history →

Oshawa focus

Oshawa, Durham Region

$820,179

+$30,927 +3.9% up $30,927, 3.9% versus January 2024

Sales
212
SP/LP
104%
DOM
18
SNLR
59.2%

Full history →

Brock focus

Brock, Durham Region

$761,636

+$95,186 +14.3% up $95,186, 14.3% versus January 2024

Sales
14
SP/LP
97%
DOM
35
SNLR
66.7%

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 19 +4 +26.7% up 4, 26.7% versus January 2024 $22.8M $1,197,653 +$94,220 +8.5% up $94,220, 8.5% versus January 2024 $960,500 44 44 97% 27 35 43.2% 2.3
Scugog focus Scugog, Durham Region 20 +10 +100.0% up 10, 100.0% versus January 2024 $22.1M $1,104,695 +$92,935 +9.2% up $92,935, 9.2% versus January 2024 $962,450 37 35 98% 42 63 54.0% 1.8
Whitby focus Whitby, Durham Region 141 +34 +31.8% up 34, 31.8% versus January 2024 $145.3M $1,030,308 +$1,237 +0.1% up $1,237, 0.1% versus January 2024 $990,000 231 129 103% 16 27 61.0% 0.9
Pickering focus Pickering, Durham Region 103 +32 +45.1% up 32, 45.1% versus January 2024 $102.5M $994,710 +$40,186 +4.2% up $40,186, 4.2% versus January 2024 $925,000 179 132 101% 21 34 57.5% 1.3
Ajax focus Ajax, Durham Region 81 +6 +8.0% up 6, 8.0% versus January 2024 $78.6M $970,533 +$43,415 +4.7% up $43,415, 4.7% versus January 2024 $941,000 135 99 103% 20 32 60.0% 1.2
Clarington focus Clarington, Durham Region 155 +73 +89.0% up 73, 89.0% versus January 2024 $128.9M $831,846 −$2,584 −0.3% down $2,584, 0.3% versus January 2024 $800,000 211 118 103% 22 37 73.5% 0.8
Oshawa focus Oshawa, Durham Region 212 +45 +26.9% up 45, 26.9% versus January 2024 $173.9M $820,179 +$30,927 +3.9% up $30,927, 3.9% versus January 2024 $778,500 358 209 104% 18 27 59.2% 1.0
Brock focus Brock, Durham Region 14 +2 +16.7% up 2, 16.7% versus January 2024 $10.7M $761,636 +$95,186 +14.3% up $95,186, 14.3% versus January 2024 $779,000 21 34 97% 35 52 66.7% 2.4