Source: TRREB MarketWatch, June 2020

8 areas

Durham Region

June 2020

Headline indicators

All home types

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

$685,655

MoM +$34,065 +5.2% up $34,065, 5.2% versus May 2020 YoY +10.5% up 10.5% versus June 2019

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

$650,000

MoM +$27,000 +4.3% up $27,000, 4.3% versus May 2020 YoY +10.2% up 10.2% versus June 2019

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

$613,100

MoM −$2,100 −0.3% down $2,100, 0.3% versus May 2020 YoY +8.1% up 8.1% versus June 2019

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

1,281

MoM +511 +66.4% up 511, 66.4% versus May 2020 YoY +17.2% up 17.2% versus June 2019

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

$878.3M

MoM +$376,599,224 +75.1% up $376,599,224, 75.1% versus May 2020 YoY +29.5% up 29.5% versus June 2019

New listings — Properties newly listed during the month.

1,857

MoM +719 +63.2% up 719, 63.2% versus May 2020 YoY −5.2% down 5.2% versus June 2019

Active listings — Listings available at month end.

1,282

MoM +133 +11.6% up 133, 11.6% versus May 2020 YoY −44.7% down 44.7% versus June 2019

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

15

MoM −7 days −31.8% down 7 days, 31.8% versus May 2020 YoY n/a not available, prior month not on file versus June 2019

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

23

MoM −6 days −20.7% down 6 days, 20.7% versus May 2020 YoY n/a not available, prior month not on file versus June 2019

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

101%

MoM +2.0 pp +2.0% up 2.0 pp, 2.0% versus May 2020 YoY +3.1% up 3.1% versus June 2019

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

69.0%

MoM +1.3 pp +2.0% up 1.3 pp, 2.0% versus May 2020 YoY +23.6% up 23.6% versus June 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.

1.0

MoM −0 −32.9% down 0, 32.9% versus May 2020 YoY −52.9% down 52.9% versus June 2019

Trend

13 months to June 2020

Average price

Durham Region average selling price over the 13 months ending June 2020.
Month Average price
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
Jun '20 685655

Sales

Durham Region sales over the 13 months ending June 2020.
Month Sales
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
Jun '20 1281

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 1,281 +511 +66.4% up 511, 66.4% versus May 2020 $685,655 +$34,065 +5.2% up $34,065, 5.2% versus May 2020 $650,000 69.0% 1.0
Detached 877 +341 +63.6% up 341, 63.6% versus May 2020 $752,070 +$44,831 +6.3% up $44,831, 6.3% versus May 2020 $732,000 68.2% 1.1
Semi-detached 82 +33 +67.3% up 33, 67.3% versus May 2020 $564,164 +$35,307 +6.7% up $35,307, 6.7% versus May 2020 $547,500 69.5% 0.6
Att/row/townhouse 169 +77 +83.7% up 77, 83.7% versus May 2020 $591,812 +$12,315 +2.1% up $12,315, 2.1% versus May 2020 $580,000 77.9% 0.6
Condo townhouse 78 +21 +36.8% up 21, 36.8% versus May 2020 $471,301 −$7,958 −1.7% down $7,958, 1.7% versus May 2020 $480,000 78.8% 0.9
Condo apartment 59 +35 +145.8% up 35, 145.8% versus May 2020 $438,411 +$52,278 +13.5% up $52,278, 13.5% versus May 2020 $410,000 50.4% 1.8
Link 15 +3 +25.0% up 3, 25.0% versus May 2020 $617,533 +$48,200 +8.5% up $48,200, 8.5% versus May 2020 $635,000 83.3% 0.5
Co-op apartment 0 no change no change versus May 2020 $0 no change no change versus May 2020
Detached condo 1 +1 up 1 versus May 2020 $590,000 +$590,000 up $590,000 versus May 2020 $590,000 50.0% 1.0
Co-ownership apartment 0 no change no change versus May 2020 $0 no change no change versus May 2020

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 263.1 $613,100 +8.1% up 8.1%
Single-family detached 254.1 $659,100 +7.1% up 7.1%
Single-family attached 271.5 $542,200 +9.3% up 9.3%
Townhouse 294.6 $458,300 +10.4% up 10.4%
Apartment 275.3 $467,200 +11.0% up 11.0%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Brock +18.4% up 18.4%
  2. Scugog +10.5% up 10.5%
  3. Oshawa +5.6% up 5.6%
  4. Ajax +5.1% up 5.1%
  5. Pickering +4.9% up 4.9%

Bottom 5

  1. Uxbridge −14.1% down 14.1%
  2. Clarington +2.1% up 2.1%
  3. Whitby +3.3% up 3.3%
  4. Pickering +4.9% up 4.9%
  5. Ajax +5.1% up 5.1%

Sales, month-over-month

Top 5

  1. Scugog +162.5% up 162.5%
  2. Uxbridge +107.7% up 107.7%
  3. Whitby +89.4% up 89.4%
  4. Ajax +82.3% up 82.3%
  5. Clarington +70.2% up 70.2%

Bottom 5

  1. Oshawa +36.6% up 36.6%
  2. Brock +43.8% up 43.8%
  3. Pickering +66.0% up 66.0%
  4. Clarington +70.2% up 70.2%
  5. Ajax +82.3% up 82.3%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$825,072

−$135,440 −14.1% down $135,440, 14.1% versus May 2020

Sales
54
SP/LP
100%
DOM
25
SNLR
64.3%

Full history →

Pickering focus

Pickering, Durham Region

$772,237

+$36,277 +4.9% up $36,277, 4.9% versus May 2020

Sales
161
SP/LP
101%
DOM
15
SNLR
70.6%

Full history →

Whitby focus

Whitby, Durham Region

$761,142

+$24,502 +3.3% up $24,502, 3.3% versus May 2020

Sales
250
SP/LP
101%
DOM
12
SNLR
64.6%

Full history →

Ajax focus

Ajax, Durham Region

$745,589

+$36,180 +5.1% up $36,180, 5.1% versus May 2020

Sales
175
SP/LP
101%
DOM
10
SNLR
70.3%

Full history →

Scugog focus

Scugog, Durham Region

$683,536

+$64,806 +10.5% up $64,806, 10.5% versus May 2020

Sales
42
SP/LP
99%
DOM
28
SNLR
60.9%

Full history →

Clarington focus

Clarington, Durham Region

$632,112

+$13,144 +2.1% up $13,144, 2.1% versus May 2020

Sales
240
SP/LP
101%
DOM
18
SNLR
68.6%

Full history →

Brock focus

Brock, Durham Region

$614,048

+$95,429 +18.4% up $95,429, 18.4% versus May 2020

Sales
23
SP/LP
97%
DOM
21
SNLR
56.1%

Full history →

Oshawa focus

Oshawa, Durham Region

$577,791

+$30,834 +5.6% up $30,834, 5.6% versus May 2020

Sales
336
SP/LP
101%
DOM
15
SNLR
74.8%

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 54 +28 +107.7% up 28, 107.7% versus May 2020 $44.6M $825,072 −$135,440 −14.1% down $135,440, 14.1% versus May 2020 $775,000 84 69 100% 25 37 64.3% 1.3
Pickering focus Pickering, Durham Region 161 +64 +66.0% up 64, 66.0% versus May 2020 $124.3M $772,237 +$36,277 +4.9% up $36,277, 4.9% versus May 2020 $715,000 228 194 101% 15 21 70.6% 1.2
Whitby focus Whitby, Durham Region 250 +118 +89.4% up 118, 89.4% versus May 2020 $190.3M $761,142 +$24,502 +3.3% up $24,502, 3.3% versus May 2020 $725,000 387 221 101% 12 19 64.6% 0.9
Ajax focus Ajax, Durham Region 175 +79 +82.3% up 79, 82.3% versus May 2020 $130.5M $745,589 +$36,180 +5.1% up $36,180, 5.1% versus May 2020 $731,000 249 134 101% 10 17 70.3% 0.8
Scugog focus Scugog, Durham Region 42 +26 +162.5% up 26, 162.5% versus May 2020 $28.7M $683,536 +$64,806 +10.5% up $64,806, 10.5% versus May 2020 $628,250 69 83 99% 28 40 60.9% 2.0
Clarington focus Clarington, Durham Region 240 +99 +70.2% up 99, 70.2% versus May 2020 $151.7M $632,112 +$13,144 +2.1% up $13,144, 2.1% versus May 2020 $588,450 350 251 101% 18 25 68.6% 1.1
Brock focus Brock, Durham Region 23 +7 +43.8% up 7, 43.8% versus May 2020 $14.1M $614,048 +$95,429 +18.4% up $95,429, 18.4% versus May 2020 $580,000 41 48 97% 21 26 56.1% 2.1
Oshawa focus Oshawa, Durham Region 336 +90 +36.6% up 90, 36.6% versus May 2020 $194.1M $577,791 +$30,834 +5.6% up $30,834, 5.6% versus May 2020 $559,000 449 282 101% 15 23 74.8% 0.8