Source: TRREB MarketWatch, July 2024

8 areas

Durham Region

July 2024

Headline indicators

All home types

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

$915,636

MoM −$40,792 −4.3% down $40,792, 4.3% versus June 2024 YoY −4.8% down 4.8% versus July 2023

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

$840,000

MoM −$50,000 −5.6% down $50,000, 5.6% versus June 2024 YoY −6.1% down 6.1% versus July 2023

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

$934,900

MoM −$13,300 −1.4% down $13,300, 1.4% versus June 2024 YoY −5.3% down 5.3% versus July 2023

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

779

MoM −98 −11.2% down 98, 11.2% versus June 2024 YoY +1.2% up 1.2% versus July 2023

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

$713.3M

MoM −$125,506,915 −15.0% down $125,506,915, 15.0% versus June 2024 YoY −3.7% down 3.7% versus July 2023

New listings — Properties newly listed during the month.

2,023

MoM −209 −9.4% down 209, 9.4% versus June 2024 YoY +20.6% up 20.6% versus July 2023

Active listings — Listings available at month end.

2,281

MoM +99 +4.5% up 99, 4.5% versus June 2024 YoY +61.1% up 61.1% versus July 2023

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

19

MoM +4 days +26.7% up 4 days, 26.7% versus June 2024 YoY +35.7% up 35.7% versus July 2023

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

29

MoM +7 days +31.8% up 7 days, 31.8% versus June 2024 YoY +52.6% up 52.6% versus July 2023

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

101%

MoM −2.0 pp −1.9% down 2.0 pp, 1.9% versus June 2024 YoY −2.9% down 2.9% versus July 2023

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

38.5%

MoM −0.8 pp −2.0% down 0.8 pp, 2.0% versus June 2024 YoY −16.1% down 16.1% versus July 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.

2.9

MoM +0 +17.7% up 0, 17.7% versus June 2024 YoY +59.2% up 59.2% versus July 2023

Trend

13 months to July 2024

Average price

Durham Region average selling price over the 13 months ending July 2024.
Month Average price
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
Apr '24 943840
May '24 954942
Jun '24 956428
Jul '24 915636

Sales

Durham Region sales over the 13 months ending July 2024.
Month Sales
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
Apr '24 948
May '24 907
Jun '24 877
Jul '24 779

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 779 −98 −11.2% down 98, 11.2% versus June 2024 $915,636 −$40,792 −4.3% down $40,792, 4.3% versus June 2024 $840,000 38.5% 2.9
Detached 499 −89 −15.1% down 89, 15.1% versus June 2024 $1,028,666 −$26,485 −2.5% down $26,485, 2.5% versus June 2024 $950,000 38.7% 2.9
Semi-detached 52 −9 −14.8% down 9, 14.8% versus June 2024 $772,660 −$45,587 −5.6% down $45,587, 5.6% versus June 2024 $755,000 44.4% 1.9
Att/row/townhouse 103 −18 −14.9% down 18, 14.9% versus June 2024 $814,567 −$17,783 −2.1% down $17,783, 2.1% versus June 2024 $810,000 33.1% 3.6
Condo townhouse 59 +12 +25.5% up 12, 25.5% versus June 2024 $654,681 +$3,315 +0.5% up $3,315, 0.5% versus June 2024 $675,000 36.0% 3.5
Condo apartment 55 +7 +14.6% up 7, 14.6% versus June 2024 $517,100 −$61,206 −10.6% down $61,206, 10.6% versus June 2024 $508,000 48.7% 3.0
Link 11 +1 +10.0% up 1, 10.0% versus June 2024 $802,736 +$6,236 +0.8% up $6,236, 0.8% versus June 2024 $779,000 39.3% 1.6

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 393.8 $934,900 −5.3% down 5.3%
Single-family detached 389 $1,021,500 −5.3% down 5.3%
Single-family attached 428 $821,400 −5.3% down 5.3%
Townhouse 436.6 $661,500 −4.3% down 4.3%
Apartment 351 $552,900 −6.2% down 6.2%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Uxbridge +10.5% up 10.5%
  2. Ajax −2.9% down 2.9%
  3. Clarington −5.0% down 5.0%
  4. Whitby −5.3% down 5.3%
  5. Oshawa −5.7% down 5.7%

Bottom 5

  1. Brock −9.7% down 9.7%
  2. Pickering −6.6% down 6.6%
  3. Scugog −6.1% down 6.1%
  4. Oshawa −5.7% down 5.7%
  5. Whitby −5.3% down 5.3%

Sales, month-over-month

Top 5

  1. Uxbridge +60.0% up 60.0%
  2. Brock +18.2% up 18.2%
  3. Oshawa −8.9% down 8.9%
  4. Ajax −11.0% down 11.0%
  5. Clarington −12.1% down 12.1%

Bottom 5

  1. Scugog −28.2% down 28.2%
  2. Whitby −17.4% down 17.4%
  3. Pickering −13.8% down 13.8%
  4. Clarington −12.1% down 12.1%
  5. Ajax −11.0% down 11.0%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$1,441,395

+$136,500 +10.5% up $136,500, 10.5% versus June 2024

Sales
32
SP/LP
95%
DOM
37
SNLR
49.2%

Full history →

Scugog focus

Scugog, Durham Region

$1,087,161

−$71,093 −6.1% down $71,093, 6.1% versus June 2024

Sales
28
SP/LP
100%
DOM
24
SNLR
37.3%

Full history →

Whitby focus

Whitby, Durham Region

$1,004,814

−$56,385 −5.3% down $56,385, 5.3% versus June 2024

Sales
152
SP/LP
101%
DOM
18
SNLR
37.2%

Full history →

Ajax focus

Ajax, Durham Region

$954,114

−$28,757 −2.9% down $28,757, 2.9% versus June 2024

Sales
105
SP/LP
101%
DOM
19
SNLR
39.9%

Full history →

Pickering focus

Pickering, Durham Region

$926,425

−$65,252 −6.6% down $65,252, 6.6% versus June 2024

Sales
106
SP/LP
100%
DOM
18
SNLR
35.3%

Full history →

Clarington focus

Clarington, Durham Region

$851,400

−$45,091 −5.0% down $45,091, 5.0% versus June 2024

Sales
138
SP/LP
103%
DOM
16
SNLR
37.0%

Full history →

Oshawa focus

Oshawa, Durham Region

$776,241

−$46,605 −5.7% down $46,605, 5.7% versus June 2024

Sales
205
SP/LP
102%
DOM
19
SNLR
40.9%

Full history →

Brock focus

Brock, Durham Region

$690,577

−$74,150 −9.7% down $74,150, 9.7% versus June 2024

Sales
13
SP/LP
98%
DOM
26
SNLR
35.1%

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 32 +12 +60.0% up 12, 60.0% versus June 2024 $46.1M $1,441,395 +$136,500 +10.5% up $136,500, 10.5% versus June 2024 $1,419,250 65 97 95% 37 50 49.2% 3.0
Scugog focus Scugog, Durham Region 28 −11 −28.2% down 11, 28.2% versus June 2024 $30.4M $1,087,161 −$71,093 −6.1% down $71,093, 6.1% versus June 2024 $1,037,500 75 98 100% 24 30 37.3% 3.5
Whitby focus Whitby, Durham Region 152 −32 −17.4% down 32, 17.4% versus June 2024 $152.7M $1,004,814 −$56,385 −5.3% down $56,385, 5.3% versus June 2024 $920,000 409 405 101% 18 27 37.2% 2.7
Ajax focus Ajax, Durham Region 105 −13 −11.0% down 13, 11.0% versus June 2024 $100.2M $954,114 −$28,757 −2.9% down $28,757, 2.9% versus June 2024 $880,000 263 279 101% 19 29 39.9% 2.7
Pickering focus Pickering, Durham Region 106 −17 −13.8% down 17, 13.8% versus June 2024 $98.2M $926,425 −$65,252 −6.6% down $65,252, 6.6% versus June 2024 $890,500 300 378 100% 18 31 35.3% 3.6
Clarington focus Clarington, Durham Region 138 −19 −12.1% down 19, 12.1% versus June 2024 $117.5M $851,400 −$45,091 −5.0% down $45,091, 5.0% versus June 2024 $809,950 373 377 103% 16 24 37.0% 2.7
Oshawa focus Oshawa, Durham Region 205 −20 −8.9% down 20, 8.9% versus June 2024 $159.1M $776,241 −$46,605 −5.7% down $46,605, 5.7% versus June 2024 $760,000 501 569 102% 19 27 40.9% 2.8
Brock focus Brock, Durham Region 13 +2 +18.2% up 2, 18.2% versus June 2024 $9.0M $690,577 −$74,150 −9.7% down $74,150, 9.7% versus June 2024 $740,000 37 77 98% 26 49 35.1% 5.9