Source: TRREB MarketWatch, March 2019

8 areas

Durham Region

March 2019

Headline indicators

All home types

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

$604,796

MoM +$24,053 +4.1% up $24,053, 4.1% versus February 2019 YoY +1.1% up 1.1% versus March 2018

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

$575,000

MoM +$20,000 +3.6% up $20,000, 3.6% versus February 2019 YoY +1.8% up 1.8% versus March 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 February 2019 YoY n/a not available, prior month not on file versus March 2018

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

839

MoM +254 +43.4% up 254, 43.4% versus February 2019 YoY −0.8% down 0.8% versus March 2018

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

$507.4M

MoM +$167,689,509 +49.4% up $167,689,509, 49.4% versus February 2019 YoY +0.2% up 0.2% versus March 2018

New listings — Properties newly listed during the month.

1,617

MoM +477 +41.8% up 477, 41.8% versus February 2019 YoY −7.9% down 7.9% versus March 2018

Active listings — Listings available at month end.

1,746

MoM +243 +16.2% up 243, 16.2% versus February 2019 YoY +5.2% up 5.2% versus March 2018

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

21

MoM −3 days −12.5% down 3 days, 12.5% versus February 2019 YoY +16.7% up 16.7% versus March 2018

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

99%

MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus February 2019 YoY no change no change versus March 2018

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

51.9%

MoM +0.6 pp +1.1% up 0.6 pp, 1.1% versus February 2019 YoY +7.6% up 7.6% versus March 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.

2.1

MoM −0 −19.0% down 0, 19.0% versus February 2019 YoY +6.1% up 6.1% versus March 2018

Trend

13 months to March 2019

Average price

Durham Region average selling price over the 13 months ending March 2019.
Month Average price
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
Mar '19 604796

Sales

Durham Region sales over the 13 months ending March 2019.
Month Sales
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
Mar '19 839

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 839 +254 +43.4% up 254, 43.4% versus February 2019 $604,796 +$24,053 +4.1% up $24,053, 4.1% versus February 2019 $575,000 51.9% 2.1
Detached 562 +187 +49.9% up 187, 49.9% versus February 2019 $677,980 +$35,981 +5.6% up $35,981, 5.6% versus February 2019 $641,000 46.9% 2.4
Semi-detached 50 +4 +8.7% up 4, 8.7% versus February 2019 $475,908 −$17,542 −3.6% down $17,542, 3.6% versus February 2019 $437,550 63.3% 1.3
Att/row/townhouse 102 +27 +36.0% up 27, 36.0% versus February 2019 $524,823 −$4,629 −0.9% down $4,629, 0.9% versus February 2019 $521,000 67.1% 1.3
Condo townhouse 54 +15 +38.5% up 15, 38.5% versus February 2019 $402,250 +$29,265 +7.8% up $29,265, 7.8% versus February 2019 $395,815 65.8% 1.5
Condo apartment 58 +27 +87.1% up 27, 87.1% versus February 2019 $352,025 −$37,075 −9.5% down $37,075, 9.5% versus February 2019 $354,000 78.4% 1.3
Link 11 −7 −38.9% down 7, 38.9% versus February 2019 $554,136 +$27,814 +5.3% up $27,814, 5.3% versus February 2019 $540,000 36.7% 2.5
Co-op apartment 0 no change no change versus February 2019 n/a not available, prior month not on file versus February 2019
Detached condo 2 +1 +100.0% up 1, 100.0% versus February 2019 $418,750 −$76,250 −15.4% down $76,250, 15.4% versus February 2019 $418,750 200.0% 0.0
Co-ownership apartment 0 no change no change versus February 2019 n/a not available, prior month not on file versus February 2019

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Uxbridge +33.2% up 33.2%
  2. Brock +13.6% up 13.6%
  3. Pickering +10.7% up 10.7%
  4. Whitby +5.6% up 5.6%
  5. Oshawa +2.4% up 2.4%

Bottom 5

  1. Scugog −8.9% down 8.9%
  2. Clarington −0.1% down 0.1%
  3. Ajax +1.6% up 1.6%
  4. Oshawa +2.4% up 2.4%
  5. Whitby +5.6% up 5.6%

Sales, month-over-month

Top 5

  1. Pickering +56.5% up 56.5%
  2. Whitby +53.5% up 53.5%
  3. Oshawa +49.7% up 49.7%
  4. Clarington +39.1% up 39.1%
  5. Brock +33.3% up 33.3%

Bottom 5

  1. Uxbridge +15.0% up 15.0%
  2. Scugog +23.5% up 23.5%
  3. Ajax +29.7% up 29.7%
  4. Brock +33.3% up 33.3%
  5. Clarington +39.1% up 39.1%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$1,038,222

+$258,547 +33.2% up $258,547, 33.2% versus February 2019

Sales
23
SP/LP
95%
DOM
41
SNLR
46.0%

Full history →

Pickering focus

Pickering, Durham Region

$706,553

+$68,044 +10.7% up $68,044, 10.7% versus February 2019

Sales
108
SP/LP
99%
DOM
18
SNLR
51.9%

Full history →

Ajax focus

Ajax, Durham Region

$661,500

+$10,513 +1.6% up $10,513, 1.6% versus February 2019

Sales
131
SP/LP
99%
DOM
18
SNLR
51.0%

Full history →

Whitby focus

Whitby, Durham Region

$655,606

+$34,593 +5.6% up $34,593, 5.6% versus February 2019

Sales
155
SP/LP
99%
DOM
22
SNLR
49.4%

Full history →

Scugog focus

Scugog, Durham Region

$612,612

−$60,088 −8.9% down $60,088, 8.9% versus February 2019

Sales
21
SP/LP
97%
DOM
48
SNLR
56.8%

Full history →

Clarington focus

Clarington, Durham Region

$547,138

−$664 −0.1% down $664, 0.1% versus February 2019

Sales
153
SP/LP
99%
DOM
18
SNLR
53.9%

Full history →

Brock focus

Brock, Durham Region

$494,680

+$59,305 +13.6% up $59,305, 13.6% versus February 2019

Sales
16
SP/LP
95%
DOM
44
SNLR
51.6%

Full history →

Oshawa focus

Oshawa, Durham Region

$493,404

+$11,512 +2.4% up $11,512, 2.4% versus February 2019

Sales
232
SP/LP
99%
DOM
20
SNLR
53.2%

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 23 +3 +15.0% up 3, 15.0% versus February 2019 $23.9M $1,038,222 +$258,547 +33.2% up $258,547, 33.2% versus February 2019 $703,500 50 106 95% 41 46.0% 4.6
Pickering focus Pickering, Durham Region 108 +39 +56.5% up 39, 56.5% versus February 2019 $76.3M $706,553 +$68,044 +10.7% up $68,044, 10.7% versus February 2019 $660,000 208 227 99% 18 51.9% 2.1
Ajax focus Ajax, Durham Region 131 +30 +29.7% up 30, 29.7% versus February 2019 $86.7M $661,500 +$10,513 +1.6% up $10,513, 1.6% versus February 2019 $645,000 257 219 99% 18 51.0% 1.7
Whitby focus Whitby, Durham Region 155 +54 +53.5% up 54, 53.5% versus February 2019 $101.6M $655,606 +$34,593 +5.6% up $34,593, 5.6% versus February 2019 $627,500 314 303 99% 22 49.4% 1.9
Scugog focus Scugog, Durham Region 21 +4 +23.5% up 4, 23.5% versus February 2019 $12.9M $612,612 −$60,088 −8.9% down $60,088, 8.9% versus February 2019 $596,250 37 74 97% 48 56.8% 3.5
Clarington focus Clarington, Durham Region 153 +43 +39.1% up 43, 39.1% versus February 2019 $83.7M $547,138 −$664 −0.1% down $664, 0.1% versus February 2019 $519,000 284 318 99% 18 53.9% 2.1
Brock focus Brock, Durham Region 16 +4 +33.3% up 4, 33.3% versus February 2019 $7.9M $494,680 +$59,305 +13.6% up $59,305, 13.6% versus February 2019 $497,500 31 64 95% 44 51.6% 4.0
Oshawa focus Oshawa, Durham Region 232 +77 +49.7% up 77, 49.7% versus February 2019 $114.5M $493,404 +$11,512 +2.4% up $11,512, 2.4% versus February 2019 $475,000 436 435 99% 20 53.2% 1.9