Source: TRREB MarketWatch, May 2020

8 areas

Durham Region

May 2020

Headline indicators

All home types

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

$651,590

MoM +$39,027 +6.4% up $39,027, 6.4% versus April 2020 YoY +4.7% up 4.7% versus May 2019

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

$623,000

MoM +$35,000 +6.0% up $35,000, 6.0% versus April 2020 YoY +4.7% up 4.7% versus May 2019

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

$615,200

MoM +$4,000 +0.7% up $4,000, 0.7% versus April 2020 YoY +9.3% up 9.3% versus May 2019

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

770

MoM +257 +50.1% up 257, 50.1% versus April 2020 YoY −34.5% down 34.5% versus May 2019

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

$501.7M

MoM +$187,479,978 +59.7% up $187,479,978, 59.7% versus April 2020 YoY −31.4% down 31.4% versus May 2019

New listings — Properties newly listed during the month.

1,138

MoM +255 +28.9% up 255, 28.9% versus April 2020 YoY −52.4% down 52.4% versus May 2019

Active listings — Listings available at month end.

1,149

MoM −34 −2.9% down 34, 2.9% versus April 2020 YoY −50.2% down 50.2% versus May 2019

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

22

MoM +5 days +29.4% up 5 days, 29.4% versus April 2020 YoY n/a not available, prior month not on file versus May 2019

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

29

MoM +6 days +26.1% up 6 days, 26.1% versus April 2020 YoY n/a not available, prior month not on file versus May 2019

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

99%

MoM no change no change versus April 2020 YoY no change no change versus May 2019

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

67.7%

MoM +9.6 pp +16.5% up 9.6 pp, 16.5% versus April 2020 YoY +37.6% up 37.6% versus May 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.

1.5

MoM −1 −35.3% down 1, 35.3% versus April 2020 YoY −24.0% down 24.0% versus May 2019

Trend

13 months to May 2020

Average price

Durham Region average selling price over the 13 months ending May 2020.
Month Average price
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
Apr '20 612563
May '20 651590

Sales

Durham Region sales over the 13 months ending May 2020.
Month Sales
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
Apr '20 513
May '20 770

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 770 +257 +50.1% up 257, 50.1% versus April 2020 $651,590 +$39,027 +6.4% up $39,027, 6.4% versus April 2020 $623,000 67.7% 1.5
Detached 536 +191 +55.4% up 191, 55.4% versus April 2020 $707,239 +$45,113 +6.8% up $45,113, 6.8% versus April 2020 $681,500 64.1% 1.6
Semi-detached 49 +15 +44.1% up 15, 44.1% versus April 2020 $528,857 +$4,416 +0.8% up $4,416, 0.8% versus April 2020 $495,500 122.5% 0.7
Att/row/townhouse 92 +27 +41.5% up 27, 41.5% versus April 2020 $579,497 +$10,748 +1.9% up $10,748, 1.9% versus April 2020 $578,950 78.6% 1.0
Condo townhouse 57 +24 +72.7% up 24, 72.7% versus April 2020 $479,259 +$3,012 +0.6% up $3,012, 0.6% versus April 2020 $492,000 83.8% 1.1
Condo apartment 24 −1 −4.0% down 1, 4.0% versus April 2020 $386,133 +$21,345 +5.9% up $21,345, 5.9% versus April 2020 $385,000 36.4% 3.5
Link 12 +1 +9.1% up 1, 9.1% versus April 2020 $569,333 +$7,924 +1.4% up $7,924, 1.4% versus April 2020 $575,000 109.1% 0.6
Co-op apartment 0 no change no change versus April 2020 $0 no change no change versus April 2020
Detached condo 0 no change no change versus April 2020 $0 no change no change versus April 2020
Co-ownership apartment 0 no change no change versus April 2020 $0 no change no change versus April 2020

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 264 $615,200 +9.3% up 9.3%
Single-family detached 255.4 $662,500 +8.4% up 8.4%
Single-family attached 272.2 $543,600 +10.0% up 10.0%
Townhouse 299.4 $465,800 +13.2% up 13.2%
Apartment 268.4 $455,500 +11.8% up 11.8%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Brock +21.3% up 21.3%
  2. Whitby +10.1% up 10.1%
  3. Clarington +6.0% up 6.0%
  4. Oshawa +5.6% up 5.6%
  5. Pickering +5.3% up 5.3%

Bottom 5

  1. Scugog −1.7% down 1.7%
  2. Uxbridge +1.4% up 1.4%
  3. Ajax +3.8% up 3.8%
  4. Pickering +5.3% up 5.3%
  5. Oshawa +5.6% up 5.6%

Sales, month-over-month

Top 5

  1. Uxbridge +116.7% up 116.7%
  2. Pickering +73.2% up 73.2%
  3. Oshawa +61.8% up 61.8%
  4. Brock +60.0% up 60.0%
  5. Whitby +53.5% up 53.5%

Bottom 5

  1. Scugog no change no change
  2. Ajax +28.0% up 28.0%
  3. Clarington +33.0% up 33.0%
  4. Whitby +53.5% up 53.5%
  5. Brock +60.0% up 60.0%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$960,512

+$13,023 +1.4% up $13,023, 1.4% versus April 2020

Sales
26
SP/LP
97%
DOM
41
SNLR
65.0%

Full history →

Whitby focus

Whitby, Durham Region

$736,640

+$67,610 +10.1% up $67,610, 10.1% versus April 2020

Sales
132
SP/LP
98%
DOM
22
SNLR
71.0%

Full history →

Pickering focus

Pickering, Durham Region

$735,960

+$36,915 +5.3% up $36,915, 5.3% versus April 2020

Sales
97
SP/LP
99%
DOM
21
SNLR
61.0%

Full history →

Ajax focus

Ajax, Durham Region

$709,409

+$26,200 +3.8% up $26,200, 3.8% versus April 2020

Sales
96
SP/LP
100%
DOM
21
SNLR
69.1%

Full history →

Clarington focus

Clarington, Durham Region

$618,968

+$34,968 +6.0% up $34,968, 6.0% versus April 2020

Sales
141
SP/LP
98%
DOM
23
SNLR
62.1%

Full history →

Scugog focus

Scugog, Durham Region

$618,730

−$10,919 −1.7% down $10,919, 1.7% versus April 2020

Sales
16
SP/LP
94%
DOM
56
SNLR
36.4%

Full history →

Oshawa focus

Oshawa, Durham Region

$546,957

+$29,219 +5.6% up $29,219, 5.6% versus April 2020

Sales
246
SP/LP
100%
DOM
19
SNLR
78.8%

Full history →

Brock focus

Brock, Durham Region

$518,619

+$90,969 +21.3% up $90,969, 21.3% versus April 2020

Sales
16
SP/LP
98%
DOM
40
SNLR
51.6%

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 +14 +116.7% up 14, 116.7% versus April 2020 $25.0M $960,512 +$13,023 +1.4% up $13,023, 1.4% versus April 2020 $830,000 40 63 97% 41 45 65.0% 2.4
Whitby focus Whitby, Durham Region 132 +46 +53.5% up 46, 53.5% versus April 2020 $97.2M $736,640 +$67,610 +10.1% up $67,610, 10.1% versus April 2020 $702,750 186 158 98% 22 28 71.0% 1.2
Pickering focus Pickering, Durham Region 97 +41 +73.2% up 41, 73.2% versus April 2020 $71.4M $735,960 +$36,915 +5.3% up $36,915, 5.3% versus April 2020 $690,000 159 190 99% 21 28 61.0% 2.0
Ajax focus Ajax, Durham Region 96 +21 +28.0% up 21, 28.0% versus April 2020 $68.1M $709,409 +$26,200 +3.8% up $26,200, 3.8% versus April 2020 $692,500 139 111 100% 21 29 69.1% 1.2
Clarington focus Clarington, Durham Region 141 +35 +33.0% up 35, 33.0% versus April 2020 $87.3M $618,968 +$34,968 +6.0% up $34,968, 6.0% versus April 2020 $576,000 227 240 98% 23 31 62.1% 1.7
Scugog focus Scugog, Durham Region 16 no change no change versus April 2020 $9.9M $618,730 −$10,919 −1.7% down $10,919, 1.7% versus April 2020 $580,000 44 75 94% 56 60 36.4% 4.7
Oshawa focus Oshawa, Durham Region 246 +94 +61.8% up 94, 61.8% versus April 2020 $134.6M $546,957 +$29,219 +5.6% up $29,219, 5.6% versus April 2020 $538,950 312 270 100% 19 26 78.8% 1.1
Brock focus Brock, Durham Region 16 +6 +60.0% up 6, 60.0% versus April 2020 $8.3M $518,619 +$90,969 +21.3% up $90,969, 21.3% versus April 2020 $473,000 31 42 98% 40 43 51.6% 2.6