Source: TRREB MarketWatch, January 2018

8 areas

Durham Region

January 2018

Headline indicators

All home types

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

$578,645

MoM +$3,581 +0.6% YoY −4.9%

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

$546,500

MoM +$11,500 +2.1% YoY −4.1%

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

—

MoM n/a YoY n/a

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

470

MoM −75 −13.8% YoY −21.0%

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

$272.0M

MoM −$41,446,433 −13.2% YoY −24.9%

New listings — Properties newly listed during the month.

954

MoM +243 +34.2% YoY +29.8%

Active listings — Listings available at month end.

1,177

MoM −131 −10.0% YoY +235.3%

Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.

MoM +4 days +15.4% YoY +100.0%

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

98%

MoM no change YoY −6.7%

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

49.3%

MoM −27.4 pp −35.7% YoY −39.1%

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.

2.5

MoM +0 +4.3% YoY +324.5%

Trend

13 months to January 2018

Average price

Durham Region average selling price over the 13 months ending January 2018.
Month	Average price
Jan '17	608417
Feb '17	665005
Mar '17	697896
Apr '17	702768
May '17	652963
Jun '17	615064
Jul '17	569748
Aug '17	587172
Sep '17	578666
Oct '17	575602
Nov '17	574901
Dec '17	575064
Jan '18	578645

Sales

Durham Region sales over the 13 months ending January 2018.
Month	Sales
Jan '17	595
Feb '17	833
Mar '17	1349
Apr '17	1485
May '17	1309
Jun '17	997
Jul '17	749
Aug '17	822
Sep '17	835
Oct '17	845
Nov '17	879
Dec '17	545
Jan '18	470

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	470	−75 −13.8% down 75, 13.8% versus December 2017	$578,645	+$3,581 +0.6% up $3,581, 0.6% versus December 2017	$546,500	49.3%	2.5
Detached	323	−35 −9.8% down 35, 9.8% versus December 2017	$634,788	−$3,963 −0.6% down $3,963, 0.6% versus December 2017	$605,000	45.0%	2.8
Semi-detached	31	−5 −13.9% down 5, 13.9% versus December 2017	$484,881	+$14,978 +3.2% up $14,978, 3.2% versus December 2017	$455,000	77.5%	1.6
Att/row/townhouse	48	−19 −28.4% down 19, 28.4% versus December 2017	$519,942	+$30,079 +6.1% up $30,079, 6.1% versus December 2017	$511,750	61.5%	1.9
Condo townhouse	33	−8 −19.5% down 8, 19.5% versus December 2017	$401,361	−$6,652 −1.6% down $6,652, 1.6% versus December 2017	$415,000	63.5%	1.6
Condo apartment	27	−1 −3.6% down 1, 3.6% versus December 2017	$357,821	−$22,183 −5.8% down $22,183, 5.8% versus December 2017	$355,000	61.4%	2.3
Link	8	−7 −46.7% down 7, 46.7% versus December 2017	$504,000	−$4,713 −0.9% down $4,713, 0.9% versus December 2017	$503,000	34.8%	2.8
Co-op apartment	0	no change no change versus December 2017	—	n/a not available, prior month not on file versus December 2017	—	—	—
Detached condo	0	no change no change versus December 2017	—	n/a not available, prior month not on file versus December 2017	—	—	—
Co-ownership apartment	0	no change no change versus December 2017	—	n/a not available, prior month not on file versus December 2017	—	—	—

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Uxbridge +11.8% up 11.8%
Whitby +4.5% up 4.5%
Oshawa +2.8% up 2.8%
Clarington +1.2% up 1.2%
Pickering −4.4% down 4.4%

Bottom 5

Scugog −11.3% down 11.3%
Ajax −4.9% down 4.9%
Pickering −4.4% down 4.4%
Clarington +1.2% up 1.2%
Oshawa +2.8% up 2.8%

Sales, month-over-month

Top 5

Uxbridge +144.4% up 144.4%
Scugog +30.0% up 30.0%
Clarington +2.4% up 2.4%
Whitby −5.6% down 5.6%
Oshawa −18.0% down 18.0%

Bottom 5

Pickering −45.7% down 45.7%
Ajax −21.0% down 21.0%
Oshawa −18.0% down 18.0%
Whitby −5.6% down 5.6%
Clarington +2.4% up 2.4%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$743,273

+$78,173 +11.8% up $78,173, 11.8% versus December 2017

Sales: 22
SP/LP: 95%
DOM: 47
SNLR: 59.5%

Full history →

Whitby focus

Whitby, Durham Region

$657,528

+$28,213 +4.5% up $28,213, 4.5% versus December 2017

Sales: 84
SP/LP: 97%
DOM: 34
SNLR: 52.8%

Full history →

Pickering focus

Pickering, Durham Region

$627,222

−$28,882 −4.4% down $28,882, 4.4% versus December 2017

Sales: 44
SP/LP: 97%
DOM: 30
SNLR: 35.2%

Full history →

Ajax focus

Ajax, Durham Region

$616,285

−$31,437 −4.9% down $31,437, 4.9% versus December 2017

Sales: 79
SP/LP: 98%
DOM: 28
SNLR: 54.5%

Full history →

Scugog focus

Scugog, Durham Region

$611,077

−$78,173 −11.3% down $78,173, 11.3% versus December 2017

Sales: 13
SP/LP: 97%
DOM: 46
SNLR: 61.9%

Full history →

Clarington focus

Clarington, Durham Region

$536,838

+$6,206 +1.2% up $6,206, 1.2% versus December 2017

Sales: 84
SP/LP: 98%
DOM: 29
SNLR: 51.9%

Full history →

Oshawa focus

Oshawa, Durham Region

$493,888

+$13,454 +2.8% up $13,454, 2.8% versus December 2017

Sales: 137
SP/LP: 99%
DOM: 26
SNLR: 49.3%

Full history →

Brock focus

Brock, Durham Region

$484,786

+$76,029 +18.6% up $76,029, 18.6% versus December 2017

Sales: 7
SP/LP: 96%
DOM: 51
SNLR: 25.9%

Full history →

All Durham Region areas

Home type

8 areas

Area	Sales	MoM	$ volume	Average	MoM	Median	New	Active	SP/LP	LDOM	PDOM	SNLR	MOI
Uxbridge focus Uxbridge, Durham Region	22	+13 +144.4% up 13, 144.4% versus December 2017	$16.4M	$743,273	+$78,173 +11.8% up $78,173, 11.8% versus December 2017	$697,500	37	60	95%	47	—	59.5%	2.7
Whitby focus Whitby, Durham Region	84	−5 −5.6% down 5, 5.6% versus December 2017	$55.2M	$657,528	+$28,213 +4.5% up $28,213, 4.5% versus December 2017	$596,000	159	189	97%	34	—	52.8%	2.3
Pickering focus Pickering, Durham Region	44	−37 −45.7% down 37, 45.7% versus December 2017	$27.6M	$627,222	−$28,882 −4.4% down $28,882, 4.4% versus December 2017	$626,250	125	173	97%	30	—	35.2%	3.9
Ajax focus Ajax, Durham Region	79	−21 −21.0% down 21, 21.0% versus December 2017	$48.7M	$616,285	−$31,437 −4.9% down $31,437, 4.9% versus December 2017	$578,000	145	162	98%	28	—	54.5%	2.0
Scugog focus Scugog, Durham Region	13	+3 +30.0% up 3, 30.0% versus December 2017	$7.9M	$611,077	−$78,173 −11.3% down $78,173, 11.3% versus December 2017	$575,000	21	39	97%	46	—	61.9%	3.0
Clarington focus Clarington, Durham Region	84	+2 +2.4% up 2, 2.4% versus December 2017	$45.1M	$536,838	+$6,206 +1.2% up $6,206, 1.2% versus December 2017	$500,000	162	180	98%	29	—	51.9%	2.1
Oshawa focus Oshawa, Durham Region	137	−30 −18.0% down 30, 18.0% versus December 2017	$67.7M	$493,888	+$13,454 +2.8% up $13,454, 2.8% versus December 2017	$469,900	278	332	99%	26	—	49.3%	2.4
Brock focus Brock, Durham Region	7	no change no change versus December 2017	$3.4M	$484,786	+$76,029 +18.6% up $76,029, 18.6% versus December 2017	$464,500	27	42	96%	51	—	25.9%	6.0