Source: TRREB MarketWatch, February 2022

8 areas

Durham Region

February 2022

Headline indicators

All home types

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

$1,228,990

MoM +$53,980 +4.6% up $53,980, 4.6% versus January 2022 YoY +37.2% up 37.2% versus February 2021

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

$1,181,000

MoM +$66,000 +5.9% up $66,000, 5.9% versus January 2022 YoY +38.9% up 38.9% versus February 2021

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

$1,137,800

MoM +$81,500 +7.7% up $81,500, 7.7% versus January 2022 YoY +47.4% up 47.4% versus February 2021

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

1,125

MoM +516 +84.7% up 516, 84.7% versus January 2022 YoY −18.7% down 18.7% versus February 2021

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

$1.38B

MoM +$667,032,366 +93.2% up $667,032,366, 93.2% versus January 2022 YoY +11.6% up 11.6% versus February 2021

New listings — Properties newly listed during the month.

1,613

MoM +739 +84.6% up 739, 84.6% versus January 2022 YoY −18.3% down 18.3% versus February 2021

Active listings — Listings available at month end.

605

MoM +269 +80.1% up 269, 80.1% versus January 2022 YoY −24.8% down 24.8% versus February 2021

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

7

MoM no change no change versus January 2022 YoY no change no change versus February 2021

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

8

MoM −2 days −20.0% down 2 days, 20.0% versus January 2022 YoY −11.1% down 11.1% versus February 2021

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

129%

MoM +2.0 pp +1.6% up 2.0 pp, 1.6% versus January 2022 YoY +13.2% up 13.2% versus February 2021

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

69.8%

MoM +0.1 pp +0.1% up 0.1 pp, 0.1% versus January 2022 YoY −0.5% down 0.5% versus February 2021

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.

0.5

MoM −0 −2.5% down 0, 2.5% versus January 2022 YoY −7.5% down 7.5% versus February 2021

Trend

13 months to February 2022

Average price

Durham Region average selling price over the 13 months ending February 2022.
Month Average price
Feb '21 895441
Mar '21 901322
Apr '21 897741
May '21 902135
Jun '21 917267
Jul '21 910197
Aug '21 918133
Sep '21 968136
Oct '21 988354
Nov '21 998594
Dec '21 1033032
Jan '22 1175010
Feb '22 1228990

Sales

Durham Region sales over the 13 months ending February 2022.
Month Sales
Feb '21 1384
Mar '21 2077
Apr '21 1771
May '21 1574
Jun '21 1425
Jul '21 1104
Aug '21 1048
Sep '21 1006
Oct '21 1047
Nov '21 1013
Dec '21 671
Jan '22 609
Feb '22 1125

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 1,125 +516 +84.7% up 516, 84.7% versus January 2022 $1,228,990 +$53,980 +4.6% up $53,980, 4.6% versus January 2022 $1,181,000 69.8% 0.5
Detached 745 +352 +89.6% up 352, 89.6% versus January 2022 $1,379,287 +$53,579 +4.0% up $53,579, 4.0% versus January 2022 $1,332,000 66.1% 0.6
Semi-detached 54 +22 +68.8% up 22, 68.8% versus January 2022 $1,074,896 +$75,774 +7.6% up $75,774, 7.6% versus January 2022 $1,050,250 73.0% 0.4
Att/row/townhouse 147 +53 +56.4% up 53, 56.4% versus January 2022 $1,078,828 +$41,292 +4.0% up $41,292, 4.0% versus January 2022 $1,050,000 72.8% 0.4
Condo townhouse 91 +52 +133.3% up 52, 133.3% versus January 2022 $845,359 +$26,430 +3.2% up $26,430, 3.2% versus January 2022 $870,000 83.5% 0.3
Condo apartment 77 +31 +67.4% up 31, 67.4% versus January 2022 $658,151 +$53,187 +8.8% up $53,187, 8.8% versus January 2022 $680,000 89.5% 0.3
Link 11 +6 +120.0% up 6, 120.0% versus January 2022 $982,447 −$79,753 −7.5% down $79,753, 7.5% versus January 2022 $1,035,000 78.6% 0.4
Co-op apartment 0 no change no change versus January 2022 $0 no change no change versus January 2022
Detached condo 0 no change no change versus January 2022 $0 no change no change versus January 2022 0.0%
Co-ownership apartment 0 no change no change versus January 2022 $0 no change no change versus January 2022

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 487.3 $1,137,800 +47.4% up 47.4%
Single-family detached 473.9 $1,236,700 +47.5% up 47.5%
Single-family attached 513.2 $1,023,500 +47.2% up 47.2%
Townhouse 502.7 $790,900 +45.2% up 45.2%
Apartment 458 $760,000 +44.7% up 44.7%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Scugog +17.9% up 17.9%
  2. Oshawa +7.7% up 7.7%
  3. Uxbridge +7.5% up 7.5%
  4. Whitby +6.9% up 6.9%
  5. Brock +6.9% up 6.9%

Bottom 5

  1. Pickering +0.7% up 0.7%
  2. Clarington +0.8% up 0.8%
  3. Ajax +2.7% up 2.7%
  4. Brock +6.9% up 6.9%
  5. Whitby +6.9% up 6.9%

Sales, month-over-month

Top 5

  1. Clarington +113.7% up 113.7%
  2. Ajax +90.6% up 90.6%
  3. Pickering +83.1% up 83.1%
  4. Whitby +82.9% up 82.9%
  5. Oshawa +78.8% up 78.8%

Bottom 5

  1. Scugog +21.4% up 21.4%
  2. Uxbridge +52.9% up 52.9%
  3. Brock +57.1% up 57.1%
  4. Oshawa +78.8% up 78.8%
  5. Whitby +82.9% up 82.9%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$1,589,442

+$110,560 +7.5% up $110,560, 7.5% versus January 2022

Sales
26
SP/LP
116%
DOM
11
SNLR
74.3%

Full history →

Scugog focus

Scugog, Durham Region

$1,480,176

+$225,062 +17.9% up $225,062, 17.9% versus January 2022

Sales
17
SP/LP
110%
DOM
12
SNLR
70.8%

Full history →

Whitby focus

Whitby, Durham Region

$1,367,026

+$88,552 +6.9% up $88,552, 6.9% versus January 2022

Sales
214
SP/LP
130%
DOM
6
SNLR
71.8%

Full history →

Pickering focus

Pickering, Durham Region

$1,283,045

+$9,281 +0.7% up $9,281, 0.7% versus January 2022

Sales
152
SP/LP
125%
DOM
10
SNLR
76.0%

Full history →

Ajax focus

Ajax, Durham Region

$1,273,349

+$33,093 +2.7% up $33,093, 2.7% versus January 2022

Sales
162
SP/LP
130%
DOM
6
SNLR
64.3%

Full history →

Brock focus

Brock, Durham Region

$1,168,477

+$75,006 +6.9% up $75,006, 6.9% versus January 2022

Sales
22
SP/LP
116%
DOM
7
SNLR
64.7%

Full history →

Clarington focus

Clarington, Durham Region

$1,156,431

+$9,152 +0.8% up $9,152, 0.8% versus January 2022

Sales
203
SP/LP
132%
DOM
7
SNLR
67.2%

Full history →

Oshawa focus

Oshawa, Durham Region

$1,099,738

+$78,854 +7.7% up $78,854, 7.7% versus January 2022

Sales
329
SP/LP
131%
DOM
5
SNLR
70.3%

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 +9 +52.9% up 9, 52.9% versus January 2022 $41.3M $1,589,442 +$110,560 +7.5% up $110,560, 7.5% versus January 2022 $1,427,500 35 22 116% 11 11 74.3% 0.8
Scugog focus Scugog, Durham Region 17 +3 +21.4% up 3, 21.4% versus January 2022 $25.2M $1,480,176 +$225,062 +17.9% up $225,062, 17.9% versus January 2022 $1,525,000 24 11 110% 12 12 70.8% 0.7
Whitby focus Whitby, Durham Region 214 +97 +82.9% up 97, 82.9% versus January 2022 $292.5M $1,367,026 +$88,552 +6.9% up $88,552, 6.9% versus January 2022 $1,317,506 298 98 130% 6 8 71.8% 0.5
Pickering focus Pickering, Durham Region 152 +69 +83.1% up 69, 83.1% versus January 2022 $195.0M $1,283,045 +$9,281 +0.7% up $9,281, 0.7% versus January 2022 $1,235,000 200 68 125% 10 10 76.0% 0.5
Ajax focus Ajax, Durham Region 162 +77 +90.6% up 77, 90.6% versus January 2022 $206.3M $1,273,349 +$33,093 +2.7% up $33,093, 2.7% versus January 2022 $1,270,000 252 96 130% 6 7 64.3% 0.6
Brock focus Brock, Durham Region 22 +8 +57.1% up 8, 57.1% versus January 2022 $25.7M $1,168,477 +$75,006 +6.9% up $75,006, 6.9% versus January 2022 $1,042,500 34 19 116% 7 12 64.7% 0.9
Clarington focus Clarington, Durham Region 203 +108 +113.7% up 108, 113.7% versus January 2022 $234.8M $1,156,431 +$9,152 +0.8% up $9,152, 0.8% versus January 2022 $1,105,000 302 114 132% 7 7 67.2% 0.6
Oshawa focus Oshawa, Durham Region 329 +145 +78.8% up 145, 78.8% versus January 2022 $361.8M $1,099,738 +$78,854 +7.7% up $78,854, 7.7% versus January 2022 $1,050,000 468 177 131% 5 6 70.3% 0.5