Source: TRREB MarketWatch, September 2022

8 areas

Durham Region

September 2022

Headline indicators

All home types

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

$915,027

MoM −$5,242 −0.6% down $5,242, 0.6% versus August 2022 YoY −5.5% down 5.5% versus September 2021

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

$849,950

MoM −$4,050 −0.5% down $4,050, 0.5% versus August 2022 YoY −5.6% down 5.6% versus September 2021

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

$943,100

MoM −$18,200 −1.9% down $18,200, 1.9% versus August 2022 YoY +1.8% up 1.8% versus September 2021

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

662

MoM −144 −17.9% down 144, 17.9% versus August 2022 YoY −34.2% down 34.2% versus September 2021

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

$605.7M

MoM −$135,989,162 −18.3% down $135,989,162, 18.3% versus August 2022 YoY −37.8% down 37.8% versus September 2021

New listings — Properties newly listed during the month.

1,194

MoM −81 −6.4% down 81, 6.4% versus August 2022 YoY −9.1% down 9.1% versus September 2021

Active listings — Listings available at month end.

1,090

MoM −31 −2.8% down 31, 2.8% versus August 2022 YoY +86.3% up 86.3% versus September 2021

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

18

MoM +1 day +5.9% up 1 day, 5.9% versus August 2022 YoY +100.0% up 100.0% versus September 2021

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

29

MoM +3 days +11.5% up 3 days, 11.5% versus August 2022 YoY +190.0% up 190.0% versus September 2021

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

99%

MoM −1.0 pp −1.0% down 1.0 pp, 1.0% versus August 2022 YoY −13.9% down 13.9% versus September 2021

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

55.4%

MoM −7.8 pp −12.3% down 7.8 pp, 12.3% versus August 2022 YoY −27.6% down 27.6% versus September 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.

1.6

MoM +0 +18.4% up 0, 18.4% versus August 2022 YoY +183.1% up 183.1% versus September 2021

Trend

13 months to September 2022

Average price

Durham Region average selling price over the 13 months ending September 2022.
Month Average price
Sep '21 968136
Oct '21 988354
Nov '21 998594
Dec '21 1033032
Jan '22 1175010
Feb '22 1228990
Mar '22 1148685
Apr '22 1075332
May '22 995668
Jun '22 969424
Jul '22 901412
Aug '22 920269
Sep '22 915027

Sales

Durham Region sales over the 13 months ending September 2022.
Month Sales
Sep '21 1006
Oct '21 1047
Nov '21 1013
Dec '21 671
Jan '22 609
Feb '22 1125
Mar '22 1390
Apr '22 1089
May '22 1025
Jun '22 967
Jul '22 700
Aug '22 806
Sep '22 662

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 662 −144 −17.9% down 144, 17.9% versus August 2022 $915,027 −$5,242 −0.6% down $5,242, 0.6% versus August 2022 $849,950 55.4% 1.6
Detached 457 −85 −15.7% down 85, 15.7% versus August 2022 $1,002,111 −$10,070 −1.0% down $10,070, 1.0% versus August 2022 $950,000 56.1% 1.6
Semi-detached 53 −10 −15.9% down 10, 15.9% versus August 2022 $761,625 −$10,892 −1.4% down $10,892, 1.4% versus August 2022 $722,000 85.5% 0.7
Att/row/townhouse 65 −24 −27.0% down 24, 27.0% versus August 2022 $805,082 −$4,107 −0.5% down $4,107, 0.5% versus August 2022 $794,000 48.9% 1.8
Condo townhouse 40 −13 −24.5% down 13, 24.5% versus August 2022 $657,547 −$27,486 −4.0% down $27,486, 4.0% versus August 2022 $667,500 46.0% 2.4
Condo apartment 38 −6 −13.6% down 6, 13.6% versus August 2022 $573,515 +$21,067 +3.8% up $21,067, 3.8% versus August 2022 $557,500 45.8% 2.5
Link 9 −6 −40.0% down 6, 40.0% versus August 2022 $776,778 −$12,122 −1.5% down $12,122, 1.5% versus August 2022 $757,000 64.3% 0.9

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 392.1 $943,100 +1.8% up 1.8%
Single-family detached 382.6 $1,023,400 +1.1% up 1.1%
Single-family attached 408.6 $808,700 +1.4% up 1.4%
Townhouse 437.6 $678,300 +7.5% up 7.5%
Apartment 363.1 $608,500 +15.1% up 15.1%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Brock +23.4% up 23.4%
  2. Scugog +15.0% up 15.0%
  3. Whitby +4.4% up 4.4%
  4. Oshawa +3.0% up 3.0%
  5. Pickering −1.1% down 1.1%

Bottom 5

  1. Uxbridge −11.3% down 11.3%
  2. Clarington −9.2% down 9.2%
  3. Ajax −8.7% down 8.7%
  4. Pickering −1.1% down 1.1%
  5. Oshawa +3.0% up 3.0%

Sales, month-over-month

Top 5

  1. Brock +28.6% up 28.6%
  2. Scugog +8.3% up 8.3%
  3. Uxbridge no change no change
  4. Ajax −13.5% down 13.5%
  5. Clarington −14.4% down 14.4%

Bottom 5

  1. Oshawa −26.6% down 26.6%
  2. Whitby −22.9% down 22.9%
  3. Pickering −15.8% down 15.8%
  4. Clarington −14.4% down 14.4%
  5. Ajax −13.5% down 13.5%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$1,189,136

−$150,996 −11.3% down $150,996, 11.3% versus August 2022

Sales
22
SP/LP
95%
DOM
25
SNLR
50.0%

Full history →

Scugog focus

Scugog, Durham Region

$1,091,648

+$142,591 +15.0% up $142,591, 15.0% versus August 2022

Sales
26
SP/LP
98%
DOM
26
SNLR
68.4%

Full history →

Whitby focus

Whitby, Durham Region

$1,016,607

+$42,672 +4.4% up $42,672, 4.4% versus August 2022

Sales
121
SP/LP
99%
DOM
14
SNLR
51.5%

Full history →

Pickering focus

Pickering, Durham Region

$978,943

−$11,065 −1.1% down $11,065, 1.1% versus August 2022

Sales
80
SP/LP
99%
DOM
21
SNLR
50.6%

Full history →

Brock focus

Brock, Durham Region

$922,976

+$174,905 +23.4% up $174,905, 23.4% versus August 2022

Sales
18
SP/LP
96%
DOM
35
SNLR
52.9%

Full history →

Ajax focus

Ajax, Durham Region

$894,975

−$84,904 −8.7% down $84,904, 8.7% versus August 2022

Sales
90
SP/LP
101%
DOM
18
SNLR
62.1%

Full history →

Clarington focus

Clarington, Durham Region

$838,805

−$84,739 −9.2% down $84,739, 9.2% versus August 2022

Sales
131
SP/LP
99%
DOM
18
SNLR
61.2%

Full history →

Oshawa focus

Oshawa, Durham Region

$820,885

+$24,112 +3.0% up $24,112, 3.0% versus August 2022

Sales
174
SP/LP
101%
DOM
15
SNLR
53.4%

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 22 no change no change versus August 2022 $26.2M $1,189,136 −$150,996 −11.3% down $150,996, 11.3% versus August 2022 $1,001,000 44 49 95% 25 41 50.0% 2.2
Scugog focus Scugog, Durham Region 26 +2 +8.3% up 2, 8.3% versus August 2022 $28.4M $1,091,648 +$142,591 +15.0% up $142,591, 15.0% versus August 2022 $915,000 38 53 98% 26 33 68.4% 2.0
Whitby focus Whitby, Durham Region 121 −36 −22.9% down 36, 22.9% versus August 2022 $123.0M $1,016,607 +$42,672 +4.4% up $42,672, 4.4% versus August 2022 $950,000 235 190 99% 14 24 51.5% 1.6
Pickering focus Pickering, Durham Region 80 −15 −15.8% down 15, 15.8% versus August 2022 $78.3M $978,943 −$11,065 −1.1% down $11,065, 1.1% versus August 2022 $908,750 158 160 99% 21 33 50.6% 2.0
Brock focus Brock, Durham Region 18 +4 +28.6% up 4, 28.6% versus August 2022 $16.6M $922,976 +$174,905 +23.4% up $174,905, 23.4% versus August 2022 $837,500 34 48 96% 35 48 52.9% 2.7
Ajax focus Ajax, Durham Region 90 −14 −13.5% down 14, 13.5% versus August 2022 $80.5M $894,975 −$84,904 −8.7% down $84,904, 8.7% versus August 2022 $843,500 145 124 101% 18 29 62.1% 1.4
Clarington focus Clarington, Durham Region 131 −22 −14.4% down 22, 14.4% versus August 2022 $109.9M $838,805 −$84,739 −9.2% down $84,739, 9.2% versus August 2022 $810,000 214 182 99% 18 29 61.2% 1.4
Oshawa focus Oshawa, Durham Region 174 −63 −26.6% down 63, 26.6% versus August 2022 $142.8M $820,885 +$24,112 +3.0% up $24,112, 3.0% versus August 2022 $759,500 326 284 101% 15 26 53.4% 1.6