Source: TRREB MarketWatch, February 2021

8 areas

Durham Region

February 2021

Headline indicators

All home types

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

$895,441

MoM +$19,308 +2.2% up $19,308, 2.2% versus January 2021 YoY +36.1% up 36.1% versus February 2020

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

$850,000

MoM +$25,000 +3.0% up $25,000, 3.0% versus January 2021 YoY +33.9% up 33.9% versus February 2020

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

$771,700

MoM +$42,900 +5.9% up $42,900, 5.9% versus January 2021 YoY +28.9% up 28.9% versus February 2020

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

1,384

MoM +733 +112.6% up 733, 112.6% versus January 2021 YoY +55.5% up 55.5% versus February 2020

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

$1.24B

MoM +$668,928,218 +117.3% up $668,928,218, 117.3% versus January 2021 YoY +111.7% up 111.7% versus February 2020

New listings — Properties newly listed during the month.

1,975

MoM +1,030 +109.0% up 1,030, 109.0% versus January 2021 YoY +52.7% up 52.7% versus February 2020

Active listings — Listings available at month end.

805

MoM +354 +78.5% up 354, 78.5% versus January 2021 YoY −22.3% down 22.3% versus February 2020

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

7

MoM −5 days −41.7% down 5 days, 41.7% versus January 2021 YoY −58.8% down 58.8% versus February 2020

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

9

MoM −7 days −43.8% down 7 days, 43.8% versus January 2021 YoY −59.1% down 59.1% versus February 2020

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

114%

MoM +4.0 pp +3.6% up 4.0 pp, 3.6% versus January 2021 YoY +12.9% up 12.9% versus February 2020

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

70.1%

MoM +1.2 pp +1.7% up 1.2 pp, 1.7% versus January 2021 YoY +1.8% up 1.8% versus February 2020

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.

0.6

MoM −0 −16.0% down 0, 16.0% versus January 2021 YoY −50.0% down 50.0% versus February 2020

Trend

13 months to February 2021

Average price

Durham Region average selling price over the 13 months ending February 2021.
Month Average price
Feb '20 657788
Mar '20 656211
Apr '20 612563
May '20 651590
Jun '20 685655
Jul '20 709640
Aug '20 734136
Sep '20 734038
Oct '20 740436
Nov '20 762739
Dec '20 778037
Jan '21 876133
Feb '21 895441

Sales

Durham Region sales over the 13 months ending February 2021.
Month Sales
Feb '20 890
Mar '20 1101
Apr '20 513
May '20 770
Jun '20 1281
Jul '20 1583
Aug '20 1515
Sep '20 1492
Oct '20 1377
Nov '20 1088
Dec '20 773
Jan '21 651
Feb '21 1384

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 1,384 +733 +112.6% up 733, 112.6% versus January 2021 $895,441 +$19,308 +2.2% up $19,308, 2.2% versus January 2021 $850,000 70.1% 0.6
Detached 938 +516 +122.3% up 516, 122.3% versus January 2021 $989,969 +$1,597 +0.2% up $1,597, 0.2% versus January 2021 $950,000 67.2% 0.6
Semi-detached 99 +57 +135.7% up 57, 135.7% versus January 2021 $796,877 +$53,093 +7.1% up $53,093, 7.1% versus January 2021 $810,000 80.5% 0.3
Att/row/townhouse 169 +85 +101.2% up 85, 101.2% versus January 2021 $780,944 +$22,712 +3.0% up $22,712, 3.0% versus January 2021 $780,000 69.0% 0.6
Condo townhouse 105 +55 +110.0% up 55, 110.0% versus January 2021 $620,074 +$3,058 +0.5% up $3,058, 0.5% versus January 2021 $630,000 82.7% 0.5
Condo apartment 57 +14 +32.6% up 14, 32.6% versus January 2021 $390,191 −$69,179 −15.1% down $69,179, 15.1% versus January 2021 $440,000 89.1% 0.7
Link 16 +6 +60.0% up 6, 60.0% versus January 2021 $780,081 +$6,531 +0.8% up $6,531, 0.8% versus January 2021 $795,000 80.0% 0.4
Co-op apartment 0 no change no change versus January 2021 $0 no change no change versus January 2021 0.0%
Detached condo 0 no change no change versus January 2021 $0 no change no change versus January 2021
Co-ownership apartment 0 no change no change versus January 2021 $0 no change no change versus January 2021

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 330.9 $771,700 +28.9% up 28.9%
Single-family detached 321.4 $834,700 +28.9% up 28.9%
Single-family attached 348.7 $696,300 +31.9% up 31.9%
Townhouse 367.5 $571,700 +29.1% up 29.1%
Apartment 303.3 $514,700 +17.2% up 17.2%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Scugog +10.7% up 10.7%
  2. Whitby +8.4% up 8.4%
  3. Oshawa +5.0% up 5.0%
  4. Pickering +0.8% up 0.8%
  5. Clarington −0.9% down 0.9%

Bottom 5

  1. Uxbridge −15.1% down 15.1%
  2. Brock −10.3% down 10.3%
  3. Ajax −3.0% down 3.0%
  4. Clarington −0.9% down 0.9%
  5. Pickering +0.8% up 0.8%

Sales, month-over-month

Top 5

  1. Whitby +157.8% up 157.8%
  2. Clarington +133.0% up 133.0%
  3. Scugog +125.0% up 125.0%
  4. Pickering +105.6% up 105.6%
  5. Ajax +105.3% up 105.3%

Bottom 5

  1. Brock −16.7% down 16.7%
  2. Uxbridge +61.9% up 61.9%
  3. Oshawa +101.0% up 101.0%
  4. Ajax +105.3% up 105.3%
  5. Pickering +105.6% up 105.6%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$1,089,095

−$193,638 −15.1% down $193,638, 15.1% versus January 2021

Sales
34
SP/LP
108%
DOM
12
SNLR
63.0%

Full history →

Pickering focus

Pickering, Durham Region

$1,008,209

+$8,395 +0.8% up $8,395, 0.8% versus January 2021

Sales
183
SP/LP
110%
DOM
8
SNLR
76.6%

Full history →

Whitby focus

Whitby, Durham Region

$996,268

+$77,068 +8.4% up $77,068, 8.4% versus January 2021

Sales
263
SP/LP
116%
DOM
6
SNLR
67.4%

Full history →

Scugog focus

Scugog, Durham Region

$990,557

+$95,982 +10.7% up $95,982, 10.7% versus January 2021

Sales
27
SP/LP
106%
DOM
21
SNLR
79.4%

Full history →

Ajax focus

Ajax, Durham Region

$945,609

−$29,429 −3.0% down $29,429, 3.0% versus January 2021

Sales
195
SP/LP
115%
DOM
5
SNLR
75.6%

Full history →

Clarington focus

Clarington, Durham Region

$853,634

−$7,922 −0.9% down $7,922, 0.9% versus January 2021

Sales
261
SP/LP
116%
DOM
6
SNLR
68.9%

Full history →

Oshawa focus

Oshawa, Durham Region

$768,713

+$36,833 +5.0% up $36,833, 5.0% versus January 2021

Sales
406
SP/LP
117%
DOM
8
SNLR
67.7%

Full history →

Brock focus

Brock, Durham Region

$647,086

−$74,352 −10.3% down $74,352, 10.3% versus January 2021

Sales
15
SP/LP
107%
DOM
10
SNLR
71.4%

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 34 +13 +61.9% up 13, 61.9% versus January 2021 $37.0M $1,089,095 −$193,638 −15.1% down $193,638, 15.1% versus January 2021 $967,500 54 34 108% 12 17 63.0% 1.0
Pickering focus Pickering, Durham Region 183 +94 +105.6% up 94, 105.6% versus January 2021 $184.5M $1,008,209 +$8,395 +0.8% up $8,395, 0.8% versus January 2021 $917,000 239 107 110% 8 10 76.6% 0.6
Whitby focus Whitby, Durham Region 263 +161 +157.8% up 161, 157.8% versus January 2021 $262.0M $996,268 +$77,068 +8.4% up $77,068, 8.4% versus January 2021 $960,000 390 147 116% 6 7 67.4% 0.6
Scugog focus Scugog, Durham Region 27 +15 +125.0% up 15, 125.0% versus January 2021 $26.7M $990,557 +$95,982 +10.7% up $95,982, 10.7% versus January 2021 $870,000 34 22 106% 21 24 79.4% 0.8
Ajax focus Ajax, Durham Region 195 +100 +105.3% up 100, 105.3% versus January 2021 $184.4M $945,609 −$29,429 −3.0% down $29,429, 3.0% versus January 2021 $920,000 258 86 115% 5 6 75.6% 0.4
Clarington focus Clarington, Durham Region 261 +149 +133.0% up 149, 133.0% versus January 2021 $222.8M $853,634 −$7,922 −0.9% down $7,922, 0.9% versus January 2021 $825,000 379 163 116% 6 7 68.9% 0.6
Oshawa focus Oshawa, Durham Region 406 +204 +101.0% up 204, 101.0% versus January 2021 $312.1M $768,713 +$36,833 +5.0% up $36,833, 5.0% versus January 2021 $750,000 600 235 117% 8 10 67.7% 0.6
Brock focus Brock, Durham Region 15 −3 −16.7% down 3, 16.7% versus January 2021 $9.7M $647,086 −$74,352 −10.3% down $74,352, 10.3% versus January 2021 $715,500 21 11 107% 10 14 71.4% 0.7