Source: TRREB MarketWatch, March 2020

8 areas

Durham Region

March 2020

Headline indicators

All home types

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

$656,211

MoM −$1,577 −0.2% down $1,577, 0.2% versus February 2020 YoY +8.5% up 8.5% versus March 2019

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

$630,000

MoM −$4,900 −0.8% down $4,900, 0.8% versus February 2020 YoY +9.6% up 9.6% versus March 2019

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

$608,200

MoM +$12,600 +2.1% up $12,600, 2.1% versus February 2020 YoY +10.4% up 10.4% versus March 2019

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

1,101

MoM +211 +23.7% up 211, 23.7% versus February 2020 YoY +31.2% up 31.2% versus March 2019

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

$722.5M

MoM +$137,056,568 +23.4% up $137,056,568, 23.4% versus February 2020 YoY +42.4% up 42.4% versus March 2019

New listings — Properties newly listed during the month.

1,830

MoM +537 +41.5% up 537, 41.5% versus February 2020 YoY +13.2% up 13.2% versus March 2019

Active listings — Listings available at month end.

1,229

MoM +193 +18.6% up 193, 18.6% versus February 2020 YoY −29.6% down 29.6% versus March 2019

Avg. LDOM — Average days on market for the current listing. Not reported before 2020.

13

MoM −4 days −23.5% down 4 days, 23.5% versus February 2020 YoY n/a not available, prior month not on file versus March 2019

Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.

17

MoM −5 days −22.7% down 5 days, 22.7% versus February 2020 YoY n/a not available, prior month not on file versus March 2019

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

102%

MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus February 2020 YoY +3.0% up 3.0% versus March 2019

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

60.2%

MoM −8.7 pp −12.6% down 8.7 pp, 12.6% versus February 2020 YoY +16.0% up 16.0% versus March 2019

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.

1.1

MoM −0 −4.1% down 0, 4.1% versus February 2020 YoY −46.4% down 46.4% versus March 2019

Trend

13 months to March 2020

Average price

Durham Region average selling price over the 13 months ending March 2020.
Month Average price
Mar '19 604796
Apr '19 612195
May '19 622292
Jun '19 620506
Jul '19 604938
Aug '19 614362
Sep '19 611569
Oct '19 613606
Nov '19 611872
Dec '19 640269
Jan '20 655781
Feb '20 657788
Mar '20 656211

Sales

Durham Region sales over the 13 months ending March 2020.
Month Sales
Mar '19 839
Apr '19 1075
May '19 1176
Jun '19 1093
Jul '19 1041
Aug '19 1046
Sep '19 956
Oct '19 968
Nov '19 872
Dec '19 518
Jan '20 586
Feb '20 890
Mar '20 1101

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 1,101 +211 +23.7% up 211, 23.7% versus February 2020 $656,211 −$1,577 −0.2% down $1,577, 0.2% versus February 2020 $630,000 60.2% 1.1
Detached 731 +111 +17.9% up 111, 17.9% versus February 2020 $714,879 −$2,414 −0.3% down $2,414, 0.3% versus February 2020 $690,000 58.8% 1.2
Semi-detached 78 +21 +36.8% up 21, 36.8% versus February 2020 $571,597 +$52,258 +10.1% up $52,258, 10.1% versus February 2020 $545,113 65.0% 0.6
Att/row/townhouse 136 +38 +38.8% up 38, 38.8% versus February 2020 $604,321 +$13,018 +2.2% up $13,018, 2.2% versus February 2020 $607,500 59.1% 0.8
Condo townhouse 80 +35 +77.8% up 35, 77.8% versus February 2020 $486,476 +$38,229 +8.5% up $38,229, 8.5% versus February 2020 $502,500 67.2% 0.9
Condo apartment 57 +3 +5.6% up 3, 5.6% versus February 2020 $396,360 −$45,794 −10.4% down $45,794, 10.4% versus February 2020 $410,000 63.3% 1.3
Link 18 +2 +12.5% up 2, 12.5% versus February 2020 $617,125 +$47,625 +8.4% up $47,625, 8.4% versus February 2020 $619,250 69.2% 1.1
Co-op apartment 0 no change no change versus February 2020 $0 no change no change versus February 2020
Detached condo 1 +1 up 1 versus February 2020 $520,000 +$520,000 up $520,000 versus February 2020 $520,000 100.0% 0.0
Co-ownership apartment 0 no change no change versus February 2020 $0 no change no change versus February 2020

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 260.4 $608,200 +10.4% up 10.4%
Single-family detached 253.7 $659,300 +9.6% up 9.6%
Single-family attached 270.7 $540,600 +11.6% up 11.6%
Townhouse 269.8 $427,900 +11.4% up 11.4%
Apartment 264.8 $449,300 +12.2% up 12.2%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Brock +6.7% up 6.7%
  2. Whitby +0.5% up 0.5%
  3. Ajax +0.3% up 0.3%
  4. Oshawa −1.2% down 1.2%
  5. Clarington −1.7% down 1.7%

Bottom 5

  1. Scugog −10.0% down 10.0%
  2. Uxbridge −8.0% down 8.0%
  3. Pickering −2.9% down 2.9%
  4. Clarington −1.7% down 1.7%
  5. Oshawa −1.2% down 1.2%

Sales, month-over-month

Top 5

  1. Pickering +59.6% up 59.6%
  2. Uxbridge +44.4% up 44.4%
  3. Clarington +31.6% up 31.6%
  4. Whitby +31.1% up 31.1%
  5. Ajax +25.4% up 25.4%

Bottom 5

  1. Scugog −11.5% down 11.5%
  2. Oshawa +6.4% up 6.4%
  3. Brock +8.3% up 8.3%
  4. Ajax +25.4% up 25.4%
  5. Whitby +31.1% up 31.1%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$753,008

−$65,881 −8.0% down $65,881, 8.0% versus February 2020

Sales
26
SP/LP
98%
DOM
27
SNLR
53.1%

Full history →

Ajax focus

Ajax, Durham Region

$733,303

+$2,244 +0.3% up $2,244, 0.3% versus February 2020

Sales
168
SP/LP
104%
DOM
8
SNLR
63.4%

Full history →

Whitby focus

Whitby, Durham Region

$724,786

+$3,404 +0.5% up $3,404, 0.5% versus February 2020

Sales
211
SP/LP
103%
DOM
11
SNLR
64.3%

Full history →

Pickering focus

Pickering, Durham Region

$718,413

−$21,099 −2.9% down $21,099, 2.9% versus February 2020

Sales
142
SP/LP
102%
DOM
14
SNLR
54.4%

Full history →

Scugog focus

Scugog, Durham Region

$670,913

−$74,272 −10.0% down $74,272, 10.0% versus February 2020

Sales
23
SP/LP
97%
DOM
23
SNLR
51.1%

Full history →

Clarington focus

Clarington, Durham Region

$610,218

−$10,815 −1.7% down $10,815, 1.7% versus February 2020

Sales
204
SP/LP
100%
DOM
17
SNLR
64.3%

Full history →

Oshawa focus

Oshawa, Durham Region

$566,509

−$6,720 −1.2% down $6,720, 1.2% versus February 2020

Sales
314
SP/LP
102%
DOM
12
SNLR
58.9%

Full history →

Brock focus

Brock, Durham Region

$536,223

+$33,481 +6.7% up $33,481, 6.7% versus February 2020

Sales
13
SP/LP
96%
DOM
48
SNLR
40.6%

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 26 +8 +44.4% up 8, 44.4% versus February 2020 $19.6M $753,008 −$65,881 −8.0% down $65,881, 8.0% versus February 2020 $752,500 49 70 98% 27 41 53.1% 2.7
Ajax focus Ajax, Durham Region 168 +34 +25.4% up 34, 25.4% versus February 2020 $123.2M $733,303 +$2,244 +0.3% up $2,244, 0.3% versus February 2020 $697,500 265 123 104% 8 10 63.4% 0.7
Whitby focus Whitby, Durham Region 211 +50 +31.1% up 50, 31.1% versus February 2020 $152.9M $724,786 +$3,404 +0.5% up $3,404, 0.5% versus February 2020 $680,000 328 190 103% 11 16 64.3% 0.9
Pickering focus Pickering, Durham Region 142 +53 +59.6% up 53, 59.6% versus February 2020 $102.0M $718,413 −$21,099 −2.9% down $21,099, 2.9% versus February 2020 $684,000 261 178 102% 14 17 54.4% 1.3
Scugog focus Scugog, Durham Region 23 −3 −11.5% down 3, 11.5% versus February 2020 $15.4M $670,913 −$74,272 −10.0% down $74,272, 10.0% versus February 2020 $520,500 45 78 97% 23 38 51.1% 3.4
Clarington focus Clarington, Durham Region 204 +49 +31.6% up 49, 31.6% versus February 2020 $124.5M $610,218 −$10,815 −1.7% down $10,815, 1.7% versus February 2020 $572,500 317 242 100% 17 20 64.3% 1.2
Oshawa focus Oshawa, Durham Region 314 +19 +6.4% up 19, 6.4% versus February 2020 $177.9M $566,509 −$6,720 −1.2% down $6,720, 1.2% versus February 2020 $545,000 533 297 102% 12 16 58.9% 0.9
Brock focus Brock, Durham Region 13 +1 +8.3% up 1, 8.3% versus February 2020 $7.0M $536,223 +$33,481 +6.7% up $33,481, 6.7% versus February 2020 $488,000 32 51 96% 48 55 40.6% 3.9