Source: TRREB MarketWatch, May 2018

8 areas

Durham Region

May 2018

Headline indicators

All home types

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

$596,591

MoM −$13,222 −2.2% YoY −8.6%

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

$563,000

MoM −$12,000 −2.1% YoY −8.5%

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.

919

MoM −11 −1.2% YoY −29.8%

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

$548.3M

MoM −$18,859,276 −3.3% YoY −35.9%

New listings — Properties newly listed during the month.

2,276

MoM +368 +19.3% YoY −30.4%

Active listings — Listings available at month end.

2,283

MoM +368 +19.2% YoY +17.6%

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

MoM −1 day −5.0% YoY +90.0%

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

99%

MoM no change YoY −6.6%

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

40.4%

MoM −8.4 pp −17.2% YoY +0.9%

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 +20.6% YoY +67.5%

Trend

13 months to May 2018

Average price

Durham Region average selling price over the 13 months ending May 2018.
Month	Average price
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
Mar '18	598412
Apr '18	609813
May '18	596591

Sales

Durham Region sales over the 13 months ending May 2018.
Month	Sales
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
Mar '18	846
Apr '18	930
May '18	919

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	919	−11 −1.2% down 11, 1.2% versus April 2018	$596,591	−$13,222 −2.2% down $13,222, 2.2% versus April 2018	$563,000	40.4%	2.5
Detached	591	−29 −4.7% down 29, 4.7% versus April 2018	$654,565	−$15,079 −2.3% down $15,079, 2.3% versus April 2018	$622,000	35.2%	3.0
Semi-detached	60	+3 +5.3% up 3, 5.3% versus April 2018	$504,856	+$4,699 +0.9% up $4,699, 0.9% versus April 2018	$487,500	53.1%	1.4
Att/row/townhouse	123	+10 +8.8% up 10, 8.8% versus April 2018	$538,305	−$473 −0.1% down $473, 0.1% versus April 2018	$540,000	52.6%	1.6
Condo townhouse	53	−3 −5.4% down 3, 5.4% versus April 2018	$406,271	−$26,223 −6.1% down $26,223, 6.1% versus April 2018	$415,000	48.2%	1.9
Condo apartment	49	+5 +11.4% up 5, 11.4% versus April 2018	$420,618	+$27,133 +6.9% up $27,133, 6.9% versus April 2018	$385,000	60.5%	1.9
Link	41	+4 +10.8% up 4, 10.8% versus April 2018	$531,071	−$8 −0.0% down $8, 0.0% versus April 2018	$515,000	71.9%	0.6
Co-op apartment	0	no change no change versus April 2018	—	n/a not available, prior month not on file versus April 2018	—	—	—
Detached condo	2	−1 −33.3% down 1, 33.3% versus April 2018	$500,000	+$42,333 +9.2% up $42,333, 9.2% versus April 2018	$500,000	100.0%	0.5
Co-ownership apartment	0	no change no change versus April 2018	—	n/a not available, prior month not on file versus April 2018	—	—	—

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Scugog +15.5% up 15.5%
Pickering +5.5% up 5.5%
Whitby −2.0% down 2.0%
Clarington −3.9% down 3.9%
Ajax −4.1% down 4.1%

Bottom 5

Brock −21.7% down 21.7%
Uxbridge −5.1% down 5.1%
Oshawa −4.7% down 4.7%
Ajax −4.1% down 4.1%
Clarington −3.9% down 3.9%

Sales, month-over-month

Top 5

Uxbridge +25.0% up 25.0%
Oshawa +6.1% up 6.1%
Scugog +4.5% up 4.5%
Ajax −1.3% down 1.3%
Pickering −4.0% down 4.0%

Bottom 5

Clarington −8.6% down 8.6%
Brock −6.3% down 6.3%
Whitby −4.5% down 4.5%
Pickering −4.0% down 4.0%
Ajax −1.3% down 1.3%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$751,193

−$40,741 −5.1% down $40,741, 5.1% versus April 2018

Sales: 30
SP/LP: 97%
DOM: 37
SNLR: 41.1%

Full history →

Pickering focus

Pickering, Durham Region

$732,396

+$37,913 +5.5% up $37,913, 5.5% versus April 2018

Sales: 120
SP/LP: 99%
DOM: 19
SNLR: 44.1%

Full history →

Scugog focus

Scugog, Durham Region

$730,617

+$98,217 +15.5% up $98,217, 15.5% versus April 2018

Sales: 23
SP/LP: 96%
DOM: 31
SNLR: 29.5%

Full history →

Whitby focus

Whitby, Durham Region

$646,565

−$13,068 −2.0% down $13,068, 2.0% versus April 2018

Sales: 168
SP/LP: 98%
DOM: 20
SNLR: 38.3%

Full history →

Ajax focus

Ajax, Durham Region

$636,220

−$26,893 −4.1% down $26,893, 4.1% versus April 2018

Sales: 148
SP/LP: 100%
DOM: 17
SNLR: 48.4%

Full history →

Clarington focus

Clarington, Durham Region

$517,924

−$21,165 −3.9% down $21,165, 3.9% versus April 2018

Sales: 170
SP/LP: 99%
DOM: 16
SNLR: 43.9%

Full history →

Oshawa focus

Oshawa, Durham Region

$501,182

−$24,624 −4.7% down $24,624, 4.7% versus April 2018

Sales: 245
SP/LP: 99%
DOM: 17
SNLR: 37.0%

Full history →

Brock focus

Brock, Durham Region

$494,613

−$136,812 −21.7% down $136,812, 21.7% versus April 2018

Sales: 15
SP/LP: 97%
DOM: 27
SNLR: 25.4%

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	30	+6 +25.0% up 6, 25.0% versus April 2018	$22.5M	$751,193	−$40,741 −5.1% down $40,741, 5.1% versus April 2018	$670,000	73	115	97%	37	—	41.1%	3.8
Pickering focus Pickering, Durham Region	120	−5 −4.0% down 5, 4.0% versus April 2018	$87.9M	$732,396	+$37,913 +5.5% up $37,913, 5.5% versus April 2018	$689,450	272	284	99%	19	—	44.1%	2.4
Scugog focus Scugog, Durham Region	23	+1 +4.5% up 1, 4.5% versus April 2018	$16.8M	$730,617	+$98,217 +15.5% up $98,217, 15.5% versus April 2018	$610,000	78	116	96%	31	—	29.5%	5.0
Whitby focus Whitby, Durham Region	168	−8 −4.5% down 8, 4.5% versus April 2018	$108.6M	$646,565	−$13,068 −2.0% down $13,068, 2.0% versus April 2018	$609,500	439	398	98%	20	—	38.3%	2.4
Ajax focus Ajax, Durham Region	148	−2 −1.3% down 2, 1.3% versus April 2018	$94.2M	$636,220	−$26,893 −4.1% down $26,893, 4.1% versus April 2018	$613,500	306	281	100%	17	—	48.4%	1.9
Clarington focus Clarington, Durham Region	170	−16 −8.6% down 16, 8.6% versus April 2018	$88.0M	$517,924	−$21,165 −3.9% down $21,165, 3.9% versus April 2018	$497,000	387	362	99%	16	—	43.9%	2.1
Oshawa focus Oshawa, Durham Region	245	+14 +6.1% up 14, 6.1% versus April 2018	$122.8M	$501,182	−$24,624 −4.7% down $24,624, 4.7% versus April 2018	$480,000	662	638	99%	17	—	37.0%	2.6
Brock focus Brock, Durham Region	15	−1 −6.3% down 1, 6.3% versus April 2018	$7.4M	$494,613	−$136,812 −21.7% down $136,812, 21.7% versus April 2018	$420,000	59	89	97%	27	—	25.4%	5.9