Source: TRREB MarketWatch, February 2019

8 areas

Durham Region

February 2019

Headline indicators

All home types

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

$580,743

MoM +$2,808 +0.5% up $2,808, 0.5% versus January 2019 YoY −1.8% down 1.8% versus February 2018

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

$555,000

MoM +$20,000 +3.7% up $20,000, 3.7% versus January 2019 YoY −1.9% down 1.9% versus February 2018

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 2019 YoY n/a not available, prior month not on file versus February 2018

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

585

MoM +77 +15.2% up 77, 15.2% versus January 2019 YoY −3.1% down 3.1% versus February 2018

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

$339.7M

MoM +$46,143,267 +15.7% up $46,143,267, 15.7% versus January 2019 YoY −4.9% down 4.9% versus February 2018

New listings — Properties newly listed during the month.

1,140

MoM −41 −3.5% down 41, 3.5% versus January 2019 YoY −5.2% down 5.2% versus February 2018

Active listings — Listings available at month end.

1,503

MoM +125 +9.1% up 125, 9.1% versus January 2019 YoY +8.8% up 8.8% versus February 2018

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

24

MoM −8 days −25.0% down 8 days, 25.0% versus January 2019 YoY no change no change versus February 2018

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 2019 YoY no change no change versus February 2018

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

51.3%

MoM +8.3 pp +19.3% up 8.3 pp, 19.3% versus January 2019 YoY +2.1% up 2.1% versus February 2018

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.

2.6

MoM −0 −5.3% down 0, 5.3% versus January 2019 YoY +12.4% up 12.4% versus February 2018

Trend

13 months to February 2019

Average price

Durham Region average selling price over the 13 months ending February 2019.
Month Average price
Feb '18 591404
Mar '18 598412
Apr '18 609813
May '18 596591
Jun '18 610728
Jul '18 584131
Aug '18 590706
Sep '18 587009
Oct '18 588968
Nov '18 590403
Dec '18 587200
Jan '19 577935
Feb '19 580743

Sales

Durham Region sales over the 13 months ending February 2019.
Month Sales
Feb '18 604
Mar '18 846
Apr '18 930
May '18 919
Jun '18 918
Jul '18 794
Aug '18 843
Sep '18 773
Oct '18 798
Nov '18 730
Dec '18 446
Jan '19 508
Feb '19 585

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 585 +77 +15.2% up 77, 15.2% versus January 2019 $580,743 +$2,808 +0.5% up $2,808, 0.5% versus January 2019 $555,000 51.3% 2.6
Detached 375 +38 +11.3% up 38, 11.3% versus January 2019 $641,999 +$241 +0.0% up $241, 0.0% versus January 2019 $615,000 45.1% 3.1
Semi-detached 46 +14 +43.8% up 14, 43.8% versus January 2019 $493,450 +$3,512 +0.7% up $3,512, 0.7% versus January 2019 $481,250 70.8% 1.2
Att/row/townhouse 75 +12 +19.0% up 12, 19.0% versus January 2019 $529,452 +$35,344 +7.2% up $35,344, 7.2% versus January 2019 $535,900 69.4% 1.5
Condo townhouse 39 +9 +30.0% up 9, 30.0% versus January 2019 $372,985 −$34,195 −8.4% down $34,195, 8.4% versus January 2019 $397,500 65.0% 1.9
Condo apartment 31 +2 +6.9% up 2, 6.9% versus January 2019 $389,100 +$51,228 +15.2% up $51,228, 15.2% versus January 2019 $395,000 58.5% 2.5
Link 18 +2 +12.5% up 2, 12.5% versus January 2019 $526,322 +$20,184 +4.0% up $20,184, 4.0% versus January 2019 $505,500 85.7% 1.1
Co-op apartment 0 no change no change versus January 2019 n/a not available, prior month not on file versus January 2019
Detached condo 1 no change no change versus January 2019 $495,000 +$95,100 +23.8% up $95,100, 23.8% versus January 2019 $495,000 50.0% 1.0
Co-ownership apartment 0 no change no change versus January 2019 n/a not available, prior month not on file versus January 2019

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Whitby +4.9% up 4.9%
  2. Uxbridge +3.5% up 3.5%
  3. Ajax −0.3% down 0.3%
  4. Oshawa −0.4% down 0.4%
  5. Clarington −0.6% down 0.6%

Bottom 5

  1. Scugog −16.8% down 16.8%
  2. Brock −9.3% down 9.3%
  3. Pickering −5.9% down 5.9%
  4. Clarington −0.6% down 0.6%
  5. Oshawa −0.4% down 0.4%

Sales, month-over-month

Top 5

  1. Ajax +46.4% up 46.4%
  2. Pickering +38.0% up 38.0%
  3. Whitby +21.7% up 21.7%
  4. Clarington +8.9% up 8.9%
  5. Uxbridge +5.3% up 5.3%

Bottom 5

  1. Brock −7.7% down 7.7%
  2. Oshawa −0.6% down 0.6%
  3. Scugog no change no change
  4. Uxbridge +5.3% up 5.3%
  5. Clarington +8.9% up 8.9%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$779,675

+$26,491 +3.5% up $26,491, 3.5% versus January 2019

Sales
20
SP/LP
96%
DOM
32
SNLR
46.5%

Full history →

Scugog focus

Scugog, Durham Region

$672,700

−$135,976 −16.8% down $135,976, 16.8% versus January 2019

Sales
17
SP/LP
97%
DOM
36
SNLR
54.8%

Full history →

Ajax focus

Ajax, Durham Region

$650,987

−$2,119 −0.3% down $2,119, 0.3% versus January 2019

Sales
101
SP/LP
99%
DOM
22
SNLR
63.5%

Full history →

Pickering focus

Pickering, Durham Region

$638,509

−$40,363 −5.9% down $40,363, 5.9% versus January 2019

Sales
69
SP/LP
99%
DOM
22
SNLR
48.3%

Full history →

Whitby focus

Whitby, Durham Region

$621,013

+$28,882 +4.9% up $28,882, 4.9% versus January 2019

Sales
101
SP/LP
99%
DOM
21
SNLR
51.3%

Full history →

Clarington focus

Clarington, Durham Region

$547,802

−$3,264 −0.6% down $3,264, 0.6% versus January 2019

Sales
110
SP/LP
98%
DOM
23
SNLR
45.8%

Full history →

Oshawa focus

Oshawa, Durham Region

$481,892

−$1,968 −0.4% down $1,968, 0.4% versus January 2019

Sales
155
SP/LP
99%
DOM
24
SNLR
51.7%

Full history →

Brock focus

Brock, Durham Region

$435,375

−$44,510 −9.3% down $44,510, 9.3% versus January 2019

Sales
12
SP/LP
95%
DOM
36
SNLR
44.4%

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 +1 +5.3% up 1, 5.3% versus January 2019 $15.6M $779,675 +$26,491 +3.5% up $26,491, 3.5% versus January 2019 $738,750 43 96 96% 32 46.5% 4.8
Scugog focus Scugog, Durham Region 17 no change no change versus January 2019 $11.4M $672,700 −$135,976 −16.8% down $135,976, 16.8% versus January 2019 $568,500 31 70 97% 36 54.8% 4.1
Ajax focus Ajax, Durham Region 101 +32 +46.4% up 32, 46.4% versus January 2019 $65.7M $650,987 −$2,119 −0.3% down $2,119, 0.3% versus January 2019 $610,000 159 158 99% 22 63.5% 1.6
Pickering focus Pickering, Durham Region 69 +19 +38.0% up 19, 38.0% versus January 2019 $44.1M $638,509 −$40,363 −5.9% down $40,363, 5.9% versus January 2019 $580,000 143 190 99% 22 48.3% 2.8
Whitby focus Whitby, Durham Region 101 +18 +21.7% up 18, 21.7% versus January 2019 $62.7M $621,013 +$28,882 +4.9% up $28,882, 4.9% versus January 2019 $586,500 197 248 99% 21 51.3% 2.5
Clarington focus Clarington, Durham Region 110 +9 +8.9% up 9, 8.9% versus January 2019 $60.3M $547,802 −$3,264 −0.6% down $3,264, 0.6% versus January 2019 $512,000 240 293 98% 23 45.8% 2.7
Oshawa focus Oshawa, Durham Region 155 −1 −0.6% down 1, 0.6% versus January 2019 $74.7M $481,892 −$1,968 −0.4% down $1,968, 0.4% versus January 2019 $460,000 300 387 99% 24 51.7% 2.5
Brock focus Brock, Durham Region 12 −1 −7.7% down 1, 7.7% versus January 2019 $5.2M $435,375 −$44,510 −9.3% down $44,510, 9.3% versus January 2019 $436,750 27 61 95% 36 44.4% 5.1