Source: TRREB MarketWatch, February 2018

8 areas

Durham Region

February 2018

Headline indicators

All home types

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

$591,404

MoM +$12,759 +2.2% up $12,759, 2.2% versus January 2018 YoY −11.1% down 11.1% versus February 2017

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

$566,000

MoM +$19,500 +3.6% up $19,500, 3.6% versus January 2018 YoY −10.2% down 10.2% versus February 2017

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

MoM n/a not available, prior month not on file versus January 2018 YoY n/a not available, prior month not on file versus February 2017

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

604

MoM +134 +28.5% up 134, 28.5% versus January 2018 YoY −27.5% down 27.5% versus February 2017

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

$357.2M

MoM +$85,244,745 +31.3% up $85,244,745, 31.3% versus January 2018 YoY −35.5% down 35.5% versus February 2017

New listings — Properties newly listed during the month.

1,202

MoM +248 +26.0% up 248, 26.0% versus January 2018 YoY +23.2% up 23.2% versus February 2017

Active listings — Listings available at month end.

1,381

MoM +204 +17.3% up 204, 17.3% versus January 2018 YoY +247.0% up 247.0% versus February 2017

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

24

MoM −6 days −20.0% down 6 days, 20.0% versus January 2018 YoY +140.0% up 140.0% versus February 2017

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

98%

MoM no change no change versus January 2018 YoY −10.9% down 10.9% versus February 2017

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

50.3%

MoM +1.0 pp +2.0% up 1.0 pp, 2.0% versus January 2018 YoY −41.1% down 41.1% versus February 2017

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.

2.3

MoM −0 −8.7% down 0, 8.7% versus January 2018 YoY +378.5% up 378.5% versus February 2017

Trend

13 months to February 2018

Average price

Durham Region average selling price over the 13 months ending February 2018.
Month Average price
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
Feb '18 591404

Sales

Durham Region sales over the 13 months ending February 2018.
Month Sales
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
Feb '18 604

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 604 +134 +28.5% up 134, 28.5% versus January 2018 $591,404 +$12,759 +2.2% up $12,759, 2.2% versus January 2018 $566,000 50.3% 2.3
Detached 395 +72 +22.3% up 72, 22.3% versus January 2018 $656,970 +$22,182 +3.5% up $22,182, 3.5% versus January 2018 $635,000 46.4% 2.7
Semi-detached 43 +12 +38.7% up 12, 38.7% versus January 2018 $500,081 +$15,200 +3.1% up $15,200, 3.1% versus January 2018 $485,000 56.6% 1.4
Att/row/townhouse 79 +31 +64.6% up 31, 64.6% versus January 2018 $519,068 −$874 −0.2% down $874, 0.2% versus January 2018 $530,000 59.0% 1.5
Condo townhouse 37 +4 +12.1% up 4, 12.1% versus January 2018 $385,047 −$16,314 −4.1% down $16,314, 4.1% versus January 2018 $385,000 86.0% 1.3
Condo apartment 35 +8 +29.6% up 8, 29.6% versus January 2018 $362,903 +$5,082 +1.4% up $5,082, 1.4% versus January 2018 $375,000 54.7% 2.0
Link 15 +7 +87.5% up 7, 87.5% versus January 2018 $549,783 +$45,783 +9.1% up $45,783, 9.1% versus January 2018 $545,000 45.5% 2.1
Co-op apartment 0 no change no change versus January 2018 n/a not available, prior month not on file versus January 2018
Detached condo 0 no change no change versus January 2018 n/a not available, prior month not on file versus January 2018
Co-ownership apartment 0 no change no change versus January 2018 n/a not available, prior month not on file versus January 2018

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Pickering +8.0% up 8.0%
  2. Ajax +4.6% up 4.6%
  3. Clarington +3.3% up 3.3%
  4. Oshawa +1.9% up 1.9%
  5. Whitby −0.7% down 0.7%

Bottom 5

  1. Brock −19.7% down 19.7%
  2. Uxbridge −2.9% down 2.9%
  3. Whitby −0.7% down 0.7%
  4. Oshawa +1.9% up 1.9%
  5. Clarington +3.3% up 3.3%

Sales, month-over-month

Top 5

  1. Pickering +95.5% up 95.5%
  2. Brock +71.4% up 71.4%
  3. Ajax +29.1% up 29.1%
  4. Clarington +25.0% up 25.0%
  5. Oshawa +24.8% up 24.8%

Bottom 5

  1. Uxbridge −9.1% down 9.1%
  2. Whitby +19.0% up 19.0%
  3. Oshawa +24.8% up 24.8%
  4. Clarington +25.0% up 25.0%
  5. Ajax +29.1% up 29.1%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$721,415

−$21,858 −2.9% down $21,858, 2.9% versus January 2018

Sales
20
SP/LP
98%
DOM
35
SNLR
42.5%

Full history →

Pickering focus

Pickering, Durham Region

$677,383

+$50,161 +8.0% up $50,161, 8.0% versus January 2018

Sales
86
SP/LP
98%
DOM
19
SNLR
49.7%

Full history →

Whitby focus

Whitby, Durham Region

$652,793

−$4,735 −0.7% down $4,735, 0.7% versus January 2018

Sales
100
SP/LP
98%
DOM
27
SNLR
48.1%

Full history →

Ajax focus

Ajax, Durham Region

$644,411

+$28,126 +4.6% up $28,126, 4.6% versus January 2018

Sales
102
SP/LP
99%
DOM
25
SNLR
55.1%

Full history →

Scugog focus

Scugog, Durham Region

$573,800

−$37,277 −6.1% down $37,277, 6.1% versus January 2018

Sales
8
SP/LP
99%
DOM
13
SNLR
21.6%

Full history →

Clarington focus

Clarington, Durham Region

$554,452

+$17,614 +3.3% up $17,614, 3.3% versus January 2018

Sales
105
SP/LP
99%
DOM
27
SNLR
55.3%

Full history →

Oshawa focus

Oshawa, Durham Region

$503,123

+$9,235 +1.9% up $9,235, 1.9% versus January 2018

Sales
171
SP/LP
99%
DOM
20
SNLR
50.6%

Full history →

Brock focus

Brock, Durham Region

$389,458

−$95,328 −19.7% down $95,328, 19.7% versus January 2018

Sales
12
SP/LP
98%
DOM
36
SNLR
50.0%

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 20 −2 −9.1% down 2, 9.1% versus January 2018 $14.4M $721,415 −$21,858 −2.9% down $21,858, 2.9% versus January 2018 $675,000 47 75 98% 35 42.5% 3.8
Pickering focus Pickering, Durham Region 86 +42 +95.5% up 42, 95.5% versus January 2018 $58.3M $677,383 +$50,161 +8.0% up $50,161, 8.0% versus January 2018 $652,500 173 199 98% 19 49.7% 2.3
Whitby focus Whitby, Durham Region 100 +16 +19.0% up 16, 19.0% versus January 2018 $65.3M $652,793 −$4,735 −0.7% down $4,735, 0.7% versus January 2018 $613,750 208 229 98% 27 48.1% 2.3
Ajax focus Ajax, Durham Region 102 +23 +29.1% up 23, 29.1% versus January 2018 $65.7M $644,411 +$28,126 +4.6% up $28,126, 4.6% versus January 2018 $630,000 185 187 99% 25 55.1% 1.8
Scugog focus Scugog, Durham Region 8 −5 −38.5% down 5, 38.5% versus January 2018 $4.6M $573,800 −$37,277 −6.1% down $37,277, 6.1% versus January 2018 $556,250 37 61 99% 13 21.6% 7.6
Clarington focus Clarington, Durham Region 105 +21 +25.0% up 21, 25.0% versus January 2018 $58.2M $554,452 +$17,614 +3.3% up $17,614, 3.3% versus January 2018 $525,000 190 211 99% 27 55.3% 2.0
Oshawa focus Oshawa, Durham Region 171 +34 +24.8% up 34, 24.8% versus January 2018 $86.0M $503,123 +$9,235 +1.9% up $9,235, 1.9% versus January 2018 $475,000 338 374 99% 20 50.6% 2.2
Brock focus Brock, Durham Region 12 +5 +71.4% up 5, 71.4% versus January 2018 $4.7M $389,458 −$95,328 −19.7% down $95,328, 19.7% versus January 2018 $387,250 24 45 98% 36 50.0% 3.8