Source: TRREB MarketWatch, March 2024

8 areas

Durham Region

March 2024

Headline indicators

All home types

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

$936,166

MoM +$17,149 +1.9% up $17,149, 1.9% versus February 2024 YoY +1.1% up 1.1% versus March 2023

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

$869,000

MoM −$1,000 −0.1% down $1,000, 0.1% versus February 2024 YoY −0.7% down 0.7% versus March 2023

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

$944,400

MoM +$23,700 +2.6% up $23,700, 2.6% versus February 2024 YoY +0.8% up 0.8% versus March 2023

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

859

MoM +114 +15.3% up 114, 15.3% versus February 2024 YoY −0.6% down 0.6% versus March 2023

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

$804.2M

MoM +$119,498,278 +17.5% up $119,498,278, 17.5% versus February 2024 YoY +0.5% up 0.5% versus March 2023

New listings — Properties newly listed during the month.

1,472

MoM +255 +21.0% up 255, 21.0% versus February 2024 YoY +13.3% up 13.3% versus March 2023

Active listings — Listings available at month end.

920

MoM +119 +14.9% up 119, 14.9% versus February 2024 YoY +8.0% up 8.0% versus March 2023

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

14

MoM −6 days −30.0% down 6 days, 30.0% versus February 2024 YoY no change no change versus March 2023

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

22

MoM −10 days −31.3% down 10 days, 31.3% versus February 2024 YoY +10.0% up 10.0% versus March 2023

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

104%

MoM +2.0 pp +2.0% up 2.0 pp, 2.0% versus February 2024 YoY +1.0% up 1.0% versus March 2023

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

58.4%

MoM −2.9 pp −4.7% down 2.9 pp, 4.7% versus February 2024 YoY −12.3% down 12.3% versus March 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 −0.4% down 0, 0.4% versus February 2024 YoY +8.6% up 8.6% versus March 2023

Trend

13 months to March 2024

Average price

Durham Region average selling price over the 13 months ending March 2024.
Month Average price
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
Mar '24 936166

Sales

Durham Region sales over the 13 months ending March 2024.
Month Sales
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
Mar '24 859

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 859 +114 +15.3% up 114, 15.3% versus February 2024 $936,166 +$17,149 +1.9% up $17,149, 1.9% versus February 2024 $869,000 58.4% 1.1
Detached 533 +69 +14.9% up 69, 14.9% versus February 2024 $1,056,424 +$34,873 +3.4% up $34,873, 3.4% versus February 2024 $990,000 59.8% 0.9
Semi-detached 49 +9 +22.5% up 9, 22.5% versus February 2024 $787,737 −$18,027 −2.2% down $18,027, 2.2% versus February 2024 $745,000 60.5% 0.6
Att/row/townhouse 129 +4 +3.2% up 4, 3.2% versus February 2024 $834,979 −$7,679 −0.9% down $7,679, 0.9% versus February 2024 $840,000 48.7% 1.2
Condo townhouse 59 −2 −3.3% down 2, 3.3% versus February 2024 $701,900 +$27,044 +4.0% up $27,044, 4.0% versus February 2024 $690,000 53.1% 1.8
Condo apartment 79 +31 +64.6% up 31, 64.6% versus February 2024 $579,148 +$30,333 +5.5% up $30,333, 5.5% versus February 2024 $542,126 69.3% 1.5
Link 9 +2 +28.6% up 2, 28.6% versus February 2024 $775,111 −$24,318 −3.0% down $24,318, 3.0% versus February 2024 $755,000 100.0% 0.3
Detached condo 1 n/a not available, prior month not on file versus February 2024 $640,000 n/a not available, prior month not on file versus February 2024 $640,000 100.0% 0.0

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 394.2 $944,400 +0.8% up 0.8%
Single-family detached 388.7 $1,034,000 +1.1% up 1.1%
Single-family attached 431.2 $831,400 +1.0% up 1.0%
Townhouse 431.5 $660,200 −1.5% down 1.5%
Apartment 342.7 $561,300 −0.1% down 0.1%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Uxbridge +10.0% up 10.0%
  2. Clarington +5.9% up 5.9%
  3. Pickering +5.3% up 5.3%
  4. Ajax +2.9% up 2.9%
  5. Brock +1.1% up 1.1%

Bottom 5

  1. Scugog −12.4% down 12.4%
  2. Oshawa −2.1% down 2.1%
  3. Whitby +1.0% up 1.0%
  4. Brock +1.1% up 1.1%
  5. Ajax +2.9% up 2.9%

Sales, month-over-month

Top 5

  1. Oshawa +27.4% up 27.4%
  2. Ajax +24.7% up 24.7%
  3. Uxbridge +21.1% up 21.1%
  4. Whitby +16.3% up 16.3%
  5. Pickering +15.5% up 15.5%

Bottom 5

  1. Brock −28.6% down 28.6%
  2. Scugog −5.0% down 5.0%
  3. Clarington −1.3% down 1.3%
  4. Pickering +15.5% up 15.5%
  5. Whitby +16.3% up 16.3%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$1,317,687

+$120,034 +10.0% up $120,034, 10.0% versus February 2024

Sales
23
SP/LP
95%
DOM
28
SNLR
57.5%

Full history →

Pickering focus

Pickering, Durham Region

$1,047,860

+$53,150 +5.3% up $53,150, 5.3% versus February 2024

Sales
119
SP/LP
102%
DOM
16
SNLR
49.6%

Full history →

Whitby focus

Whitby, Durham Region

$1,040,893

+$10,585 +1.0% up $10,585, 1.0% versus February 2024

Sales
164
SP/LP
105%
DOM
13
SNLR
63.1%

Full history →

Ajax focus

Ajax, Durham Region

$998,336

+$27,803 +2.9% up $27,803, 2.9% versus February 2024

Sales
101
SP/LP
106%
DOM
13
SNLR
62.0%

Full history →

Scugog focus

Scugog, Durham Region

$967,812

−$136,883 −12.4% down $136,883, 12.4% versus February 2024

Sales
19
SP/LP
96%
DOM
21
SNLR
42.2%

Full history →

Clarington focus

Clarington, Durham Region

$880,831

+$48,985 +5.9% up $48,985, 5.9% versus February 2024

Sales
153
SP/LP
106%
DOM
15
SNLR
60.0%

Full history →

Oshawa focus

Oshawa, Durham Region

$802,843

−$17,336 −2.1% down $17,336, 2.1% versus February 2024

Sales
270
SP/LP
106%
DOM
13
SNLR
60.8%

Full history →

Brock focus

Brock, Durham Region

$770,250

+$8,614 +1.1% up $8,614, 1.1% versus February 2024

Sales
10
SP/LP
99%
DOM
17
SNLR
40.0%

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 +4 +21.1% up 4, 21.1% versus February 2024 $30.3M $1,317,687 +$120,034 +10.0% up $120,034, 10.0% versus February 2024 $1,080,000 40 44 95% 28 44 57.5% 1.9
Pickering focus Pickering, Durham Region 119 +16 +15.5% up 16, 15.5% versus February 2024 $124.7M $1,047,860 +$53,150 +5.3% up $53,150, 5.3% versus February 2024 $950,000 240 160 102% 16 27 49.6% 1.3
Whitby focus Whitby, Durham Region 164 +23 +16.3% up 23, 16.3% versus February 2024 $170.7M $1,040,893 +$10,585 +1.0% up $10,585, 1.0% versus February 2024 $973,993 260 138 105% 13 20 63.1% 0.8
Ajax focus Ajax, Durham Region 101 +20 +24.7% up 20, 24.7% versus February 2024 $100.8M $998,336 +$27,803 +2.9% up $27,803, 2.9% versus February 2024 $955,000 163 108 106% 13 23 62.0% 1.1
Scugog focus Scugog, Durham Region 19 −1 −5.0% down 1, 5.0% versus February 2024 $18.4M $967,812 −$136,883 −12.4% down $136,883, 12.4% versus February 2024 $875,000 45 44 96% 21 26 42.2% 2.3
Clarington focus Clarington, Durham Region 153 −2 −1.3% down 2, 1.3% versus February 2024 $134.8M $880,831 +$48,985 +5.9% up $48,985, 5.9% versus February 2024 $840,000 255 146 106% 15 21 60.0% 0.9
Oshawa focus Oshawa, Durham Region 270 +58 +27.4% up 58, 27.4% versus February 2024 $216.8M $802,843 −$17,336 −2.1% down $17,336, 2.1% versus February 2024 $771,500 444 247 106% 13 19 60.8% 0.9
Brock focus Brock, Durham Region 10 −4 −28.6% down 4, 28.6% versus February 2024 $7.7M $770,250 +$8,614 +1.1% up $8,614, 1.1% versus February 2024 $798,750 25 32 99% 17 18 40.0% 3.2