Source: TRREB MarketWatch, August 2024

8 areas

Durham Region

August 2024

Headline indicators

All home types

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

$907,997

MoM −$7,639 −0.8% down $7,639, 0.8% versus July 2024 YoY −2.5% down 2.5% versus August 2023

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

$850,000

MoM +$10,000 +1.2% up $10,000, 1.2% versus July 2024 YoY −2.9% down 2.9% versus August 2023

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

$920,100

MoM −$14,800 −1.6% down $14,800, 1.6% versus July 2024 YoY −5.1% down 5.1% versus August 2023

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

709

MoM −70 −9.0% down 70, 9.0% versus July 2024 YoY −8.6% down 8.6% versus August 2023

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

$643.8M

MoM −$69,509,975 −9.7% down $69,509,975, 9.7% versus July 2024 YoY −10.9% down 10.9% versus August 2023

New listings — Properties newly listed during the month.

1,605

MoM −418 −20.7% down 418, 20.7% versus July 2024 YoY +5.2% up 5.2% versus August 2023

Active listings — Listings available at month end.

2,201

MoM −80 −3.5% down 80, 3.5% versus July 2024 YoY +55.7% up 55.7% versus August 2023

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

23

MoM +4 days +21.1% up 4 days, 21.1% versus July 2024 YoY +53.3% up 53.3% versus August 2023

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

37

MoM +8 days +27.6% up 8 days, 27.6% versus July 2024 YoY +68.2% up 68.2% versus August 2023

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

100%

MoM −1.0 pp −1.0% down 1.0 pp, 1.0% versus July 2024 YoY −2.9% down 2.9% versus August 2023

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

44.2%

MoM +5.7 pp +14.7% up 5.7 pp, 14.7% versus July 2024 YoY −13.1% down 13.1% versus August 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.

3.1

MoM +0 +6.0% up 0, 6.0% versus July 2024 YoY +70.4% up 70.4% versus August 2023

Trend

13 months to August 2024

Average price

Durham Region average selling price over the 13 months ending August 2024.
Month Average price
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
Aug '24 907997

Sales

Durham Region sales over the 13 months ending August 2024.
Month Sales
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
Aug '24 709

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 709 −70 −9.0% down 70, 9.0% versus July 2024 $907,997 −$7,639 −0.8% down $7,639, 0.8% versus July 2024 $850,000 44.2% 3.1
Detached 465 −34 −6.8% down 34, 6.8% versus July 2024 $1,007,798 −$20,868 −2.0% down $20,868, 2.0% versus July 2024 $935,000 45.5% 3.0
Semi-detached 42 −10 −19.2% down 10, 19.2% versus July 2024 $760,226 −$12,434 −1.6% down $12,434, 1.6% versus July 2024 $737,500 57.5% 2.2
Att/row/townhouse 97 −6 −5.8% down 6, 5.8% versus July 2024 $811,181 −$3,386 −0.4% down $3,386, 0.4% versus July 2024 $804,990 36.9% 3.7
Condo townhouse 56 −3 −5.1% down 3, 5.1% versus July 2024 $640,227 −$14,454 −2.2% down $14,454, 2.2% versus July 2024 $635,000 46.3% 3.3
Condo apartment 41 −14 −25.5% down 14, 25.5% versus July 2024 $542,838 +$25,738 +5.0% up $25,738, 5.0% versus July 2024 $532,000 35.0% 4.4
Link 8 −3 −27.3% down 3, 27.3% versus July 2024 $802,625 −$111 −0.0% down $111, 0.0% versus July 2024 $778,000 100.0% 1.5

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 387.6 $920,100 −5.1% down 5.1%
Single-family detached 382.6 $1,004,800 −5.0% down 5.0%
Single-family attached 420.5 $807,000 −5.4% down 5.4%
Townhouse 424.7 $643,400 −6.0% down 6.0%
Apartment 346.9 $546,400 −5.2% down 5.2%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Brock +8.5% up 8.5%
  2. Pickering +5.9% up 5.9%
  3. Oshawa +0.6% up 0.6%
  4. Ajax −1.5% down 1.5%
  5. Clarington −1.8% down 1.8%

Bottom 5

  1. Uxbridge −10.4% down 10.4%
  2. Scugog −5.3% down 5.3%
  3. Whitby −3.8% down 3.8%
  4. Clarington −1.8% down 1.8%
  5. Ajax −1.5% down 1.5%

Sales, month-over-month

Top 5

  1. Pickering +10.4% up 10.4%
  2. Whitby no change no change
  3. Ajax −3.8% down 3.8%
  4. Clarington −11.6% down 11.6%
  5. Scugog −17.9% down 17.9%

Bottom 5

  1. Uxbridge −37.5% down 37.5%
  2. Brock −23.1% down 23.1%
  3. Oshawa −20.0% down 20.0%
  4. Scugog −17.9% down 17.9%
  5. Clarington −11.6% down 11.6%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$1,291,179

−$150,216 −10.4% down $150,216, 10.4% versus July 2024

Sales
20
SP/LP
95%
DOM
54
SNLR
57.1%

Full history →

Scugog focus

Scugog, Durham Region

$1,029,883

−$57,278 −5.3% down $57,278, 5.3% versus July 2024

Sales
23
SP/LP
94%
DOM
39
SNLR
43.4%

Full history →

Pickering focus

Pickering, Durham Region

$981,212

+$54,787 +5.9% up $54,787, 5.9% versus July 2024

Sales
117
SP/LP
100%
DOM
28
SNLR
48.4%

Full history →

Whitby focus

Whitby, Durham Region

$966,783

−$38,031 −3.8% down $38,031, 3.8% versus July 2024

Sales
152
SP/LP
100%
DOM
20
SNLR
53.1%

Full history →

Ajax focus

Ajax, Durham Region

$939,714

−$14,400 −1.5% down $14,400, 1.5% versus July 2024

Sales
101
SP/LP
100%
DOM
22
SNLR
48.3%

Full history →

Clarington focus

Clarington, Durham Region

$836,354

−$15,046 −1.8% down $15,046, 1.8% versus July 2024

Sales
122
SP/LP
101%
DOM
21
SNLR
40.4%

Full history →

Oshawa focus

Oshawa, Durham Region

$780,900

+$4,659 +0.6% up $4,659, 0.6% versus July 2024

Sales
164
SP/LP
102%
DOM
20
SNLR
36.6%

Full history →

Brock focus

Brock, Durham Region

$749,240

+$58,663 +8.5% up $58,663, 8.5% versus July 2024

Sales
10
SP/LP
97%
DOM
24
SNLR
33.3%

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 20 −12 −37.5% down 12, 37.5% versus July 2024 $25.8M $1,291,179 −$150,216 −10.4% down $150,216, 10.4% versus July 2024 $1,130,000 35 88 95% 54 71 57.1% 4.4
Scugog focus Scugog, Durham Region 23 −5 −17.9% down 5, 17.9% versus July 2024 $23.7M $1,029,883 −$57,278 −5.3% down $57,278, 5.3% versus July 2024 $850,000 53 101 94% 39 46 43.4% 4.4
Pickering focus Pickering, Durham Region 117 +11 +10.4% up 11, 10.4% versus July 2024 $114.8M $981,212 +$54,787 +5.9% up $54,787, 5.9% versus July 2024 $950,000 242 356 100% 28 40 48.4% 3.0
Whitby focus Whitby, Durham Region 152 no change no change versus July 2024 $147.0M $966,783 −$38,031 −3.8% down $38,031, 3.8% versus July 2024 $915,000 286 351 100% 20 35 53.1% 2.3
Ajax focus Ajax, Durham Region 101 −4 −3.8% down 4, 3.8% versus July 2024 $94.9M $939,714 −$14,400 −1.5% down $14,400, 1.5% versus July 2024 $879,999 209 263 100% 22 37 48.3% 2.6
Clarington focus Clarington, Durham Region 122 −16 −11.6% down 16, 11.6% versus July 2024 $102.0M $836,354 −$15,046 −1.8% down $15,046, 1.8% versus July 2024 $804,995 302 377 101% 21 33 40.4% 3.1
Oshawa focus Oshawa, Durham Region 164 −41 −20.0% down 41, 20.0% versus July 2024 $128.1M $780,900 +$4,659 +0.6% up $4,659, 0.6% versus July 2024 $751,000 448 589 102% 20 34 36.6% 3.6
Brock focus Brock, Durham Region 10 −3 −23.1% down 3, 23.1% versus July 2024 $7.5M $749,240 +$58,663 +8.5% up $58,663, 8.5% versus July 2024 $615,000 30 75 97% 24 43 33.3% 7.5