Source: TRREB MarketWatch, September 2024

8 areas

Durham Region

September 2024

Headline indicators

All home types

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

$894,499

MoM −$13,498 −1.5% down $13,498, 1.5% versus August 2024 YoY −1.4% down 1.4% versus September 2023

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

$840,000

MoM −$10,000 −1.2% down $10,000, 1.2% versus August 2024 YoY −1.8% down 1.8% versus September 2023

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

$907,700

MoM −$12,400 −1.3% down $12,400, 1.3% versus August 2024 YoY −4.0% down 4.0% versus September 2023

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

672

MoM −37 −5.2% down 37, 5.2% versus August 2024 YoY +2.9% up 2.9% versus September 2023

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

$601.1M

MoM −$42,667,003 −6.6% down $42,667,003, 6.6% versus August 2024 YoY +1.5% up 1.5% versus September 2023

New listings — Properties newly listed during the month.

1,964

MoM +359 +22.4% up 359, 22.4% versus August 2024 YoY +13.7% up 13.7% versus September 2023

Active listings — Listings available at month end.

2,395

MoM +194 +8.8% up 194, 8.8% versus August 2024 YoY +47.4% up 47.4% versus September 2023

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

22

MoM −1 day −4.3% down 1 day, 4.3% versus August 2024 YoY +29.4% up 29.4% versus September 2023

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

37

MoM no change no change versus August 2024 YoY +48.0% up 48.0% versus September 2023

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

100%

MoM no change no change versus August 2024 YoY −2.0% down 2.0% versus September 2023

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

34.2%

MoM −10.0 pp −22.5% down 10.0 pp, 22.5% versus August 2024 YoY −9.5% down 9.5% versus September 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.

3.6

MoM +0 +14.8% up 0, 14.8% versus August 2024 YoY +43.2% up 43.2% versus September 2023

Trend

13 months to September 2024

Average price

Durham Region average selling price over the 13 months ending September 2024.
Month Average price
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
Sep '24 894499

Sales

Durham Region sales over the 13 months ending September 2024.
Month Sales
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
Sep '24 672

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 672 −37 −5.2% down 37, 5.2% versus August 2024 $894,499 −$13,498 −1.5% down $13,498, 1.5% versus August 2024 $840,000 34.2% 3.6
Detached 434 −31 −6.7% down 31, 6.7% versus August 2024 $991,131 −$16,667 −1.7% down $16,667, 1.7% versus August 2024 $935,000 34.2% 3.5
Semi-detached 43 +1 +2.4% up 1, 2.4% versus August 2024 $768,007 +$7,781 +1.0% up $7,781, 1.0% versus August 2024 $730,000 38.4% 2.4
Att/row/townhouse 105 +8 +8.2% up 8, 8.2% versus August 2024 $804,536 −$6,645 −0.8% down $6,645, 0.8% versus August 2024 $800,000 36.2% 3.4
Condo townhouse 37 −19 −33.9% down 19, 33.9% versus August 2024 $666,338 +$26,111 +4.1% up $26,111, 4.1% versus August 2024 $665,000 21.4% 5.6
Condo apartment 47 +6 +14.6% up 6, 14.6% versus August 2024 $508,453 −$34,385 −6.3% down $34,385, 6.3% versus August 2024 $515,000 44.8% 3.7
Link 6 −2 −25.0% down 2, 25.0% versus August 2024 $816,667 +$14,042 +1.7% up $14,042, 1.7% versus August 2024 $810,000 46.1% 1.7

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 382.4 $907,700 −4.0% down 4.0%
Single-family detached 377.3 $990,900 −4.0% down 4.0%
Single-family attached 415.4 $797,200 −3.8% down 3.8%
Townhouse 420.9 $637,600 −5.6% down 5.6%
Apartment 341.7 $538,100 −5.1% down 5.1%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Clarington +2.5% up 2.5%
  2. Whitby +2.0% up 2.0%
  3. Pickering +1.5% up 1.5%
  4. Oshawa −0.1% down 0.1%
  5. Ajax −3.3% down 3.3%

Bottom 5

  1. Uxbridge −17.3% down 17.3%
  2. Scugog −8.6% down 8.6%
  3. Ajax −3.3% down 3.3%
  4. Oshawa −0.1% down 0.1%
  5. Pickering +1.5% up 1.5%

Sales, month-over-month

Top 5

  1. Scugog +39.1% up 39.1%
  2. Oshawa +12.2% up 12.2%
  3. Clarington +7.4% up 7.4%
  4. Uxbridge −10.0% down 10.0%
  5. Ajax −10.9% down 10.9%

Bottom 5

  1. Pickering −26.5% down 26.5%
  2. Whitby −19.1% down 19.1%
  3. Ajax −10.9% down 10.9%
  4. Uxbridge −10.0% down 10.0%
  5. Clarington +7.4% up 7.4%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$1,067,444

−$223,735 −17.3% down $223,735, 17.3% versus August 2024

Sales
18
SP/LP
96%
DOM
37
SNLR
25.7%

Full history →

Pickering focus

Pickering, Durham Region

$995,768

+$14,556 +1.5% up $14,556, 1.5% versus August 2024

Sales
86
SP/LP
100%
DOM
23
SNLR
27.2%

Full history →

Whitby focus

Whitby, Durham Region

$986,560

+$19,777 +2.0% up $19,777, 2.0% versus August 2024

Sales
123
SP/LP
100%
DOM
17
SNLR
33.5%

Full history →

Scugog focus

Scugog, Durham Region

$940,838

−$89,045 −8.6% down $89,045, 8.6% versus August 2024

Sales
32
SP/LP
98%
DOM
33
SNLR
45.7%

Full history →

Ajax focus

Ajax, Durham Region

$909,022

−$30,692 −3.3% down $30,692, 3.3% versus August 2024

Sales
90
SP/LP
100%
DOM
22
SNLR
38.1%

Full history →

Brock focus

Brock, Durham Region

$898,438

+$149,198 +19.9% up $149,198, 19.9% versus August 2024

Sales
8
SP/LP
97%
DOM
37
SNLR
15.4%

Full history →

Clarington focus

Clarington, Durham Region

$857,013

+$20,659 +2.5% up $20,659, 2.5% versus August 2024

Sales
131
SP/LP
101%
DOM
20
SNLR
42.1%

Full history →

Oshawa focus

Oshawa, Durham Region

$780,061

−$839 −0.1% down $839, 0.1% versus August 2024

Sales
184
SP/LP
102%
DOM
24
SNLR
34.0%

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 18 −2 −10.0% down 2, 10.0% versus August 2024 $19.2M $1,067,444 −$223,735 −17.3% down $223,735, 17.3% versus August 2024 $932,500 70 99 96% 37 64 25.7% 5.5
Pickering focus Pickering, Durham Region 86 −31 −26.5% down 31, 26.5% versus August 2024 $85.6M $995,768 +$14,556 +1.5% up $14,556, 1.5% versus August 2024 $940,500 316 414 100% 23 41 27.2% 4.8
Whitby focus Whitby, Durham Region 123 −29 −19.1% down 29, 19.1% versus August 2024 $121.3M $986,560 +$19,777 +2.0% up $19,777, 2.0% versus August 2024 $930,000 367 396 100% 17 31 33.5% 3.2
Scugog focus Scugog, Durham Region 32 +9 +39.1% up 9, 39.1% versus August 2024 $30.1M $940,838 −$89,045 −8.6% down $89,045, 8.6% versus August 2024 $810,000 70 98 98% 33 48 45.7% 3.1
Ajax focus Ajax, Durham Region 90 −11 −10.9% down 11, 10.9% versus August 2024 $81.8M $909,022 −$30,692 −3.3% down $30,692, 3.3% versus August 2024 $895,000 236 263 100% 22 40 38.1% 2.9
Brock focus Brock, Durham Region 8 −2 −20.0% down 2, 20.0% versus August 2024 $7.2M $898,438 +$149,198 +19.9% up $149,198, 19.9% versus August 2024 $632,500 52 90 97% 37 52 15.4% 11.3
Clarington focus Clarington, Durham Region 131 +9 +7.4% up 9, 7.4% versus August 2024 $112.3M $857,013 +$20,659 +2.5% up $20,659, 2.5% versus August 2024 $800,000 311 374 101% 20 35 42.1% 2.9
Oshawa focus Oshawa, Durham Region 184 +20 +12.2% up 20, 12.2% versus August 2024 $143.5M $780,061 −$839 −0.1% down $839, 0.1% versus August 2024 $752,500 542 660 102% 24 36 34.0% 3.6