Source: TRREB MarketWatch, January 2023

8 areas

Durham Region

January 2023

Headline indicators

All home types

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

$886,849

MoM +$12,393 +1.4% up $12,393, 1.4% versus December 2022 YoY −24.5% down 24.5% versus January 2022

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

$839,000

MoM +$24,000 +2.9% up $24,000, 2.9% versus December 2022 YoY −24.8% down 24.8% versus January 2022

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

$917,900

MoM −$500 −0.1% down $500, 0.1% versus December 2022 YoY −17.7% down 17.7% versus January 2022

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

394

MoM +14 +3.7% up 14, 3.7% versus December 2022 YoY −35.3% down 35.3% versus January 2022

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

$349.4M

MoM +$17,125,369 +5.2% up $17,125,369, 5.2% versus December 2022 YoY −51.2% down 51.2% versus January 2022

New listings — Properties newly listed during the month.

863

MoM +405 +88.4% up 405, 88.4% versus December 2022 YoY −1.3% down 1.3% versus January 2022

Active listings — Listings available at month end.

799

MoM +76 +10.5% up 76, 10.5% versus December 2022 YoY +137.8% up 137.8% versus January 2022

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

21

MoM no change no change versus December 2022 YoY +200.0% up 200.0% versus January 2022

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

31

MoM −2 days −6.1% down 2 days, 6.1% versus December 2022 YoY +210.0% up 210.0% versus January 2022

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 December 2022 YoY −22.0% down 22.0% versus January 2022

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

45.6%

MoM −37.3 pp −45.0% down 37.3 pp, 45.0% versus December 2022 YoY −34.5% down 34.5% versus January 2022

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.

2.0

MoM +0 +6.6% up 0, 6.6% versus December 2022 YoY +267.6% up 267.6% versus January 2022

Trend

13 months to January 2023

Average price

Durham Region average selling price over the 13 months ending January 2023.
Month Average price
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
Oct '22 893673
Nov '22 892677
Dec '22 874456
Jan '23 886849

Sales

Durham Region sales over the 13 months ending January 2023.
Month Sales
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
Oct '22 632
Nov '22 564
Dec '22 380
Jan '23 394

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 394 +14 +3.7% up 14, 3.7% versus December 2022 $886,849 +$12,393 +1.4% up $12,393, 1.4% versus December 2022 $839,000 45.6% 2.0
Detached 261 +21 +8.8% up 21, 8.8% versus December 2022 $977,662 +$5,222 +0.5% up $5,222, 0.5% versus December 2022 $931,000 49.3% 1.9
Semi-detached 22 +2 +10.0% up 2, 10.0% versus December 2022 $798,941 +$46,571 +6.2% up $46,571, 6.2% versus December 2022 $774,000 45.8% 1.3
Att/row/townhouse 50 −3 −5.7% down 3, 5.7% versus December 2022 $806,346 +$1,853 +0.2% up $1,853, 0.2% versus December 2022 $792,500 46.3% 1.9
Condo townhouse 22 −11 −33.3% down 11, 33.3% versus December 2022 $652,545 +$19,244 +3.0% up $19,244, 3.0% versus December 2022 $655,000 38.6% 2.5
Condo apartment 33 +8 +32.0% up 8, 32.0% versus December 2022 $531,781 −$3,007 −0.6% down $3,007, 0.6% versus December 2022 $525,000 29.2% 3.7
Link 6 −1 −14.3% down 1, 14.3% versus December 2022 $741,667 −$57,404 −7.2% down $57,404, 7.2% versus December 2022 $772,500 85.7% 0.3

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 381.7 $917,900 −17.7% down 17.7%
Single-family detached 372.1 $995,400 −18.2% down 18.2%
Single-family attached 401.7 $795,000 −18.4% down 18.4%
Townhouse 420.8 $652,200 −14.8% down 14.8%
Apartment 350.3 $587,100 −6.2% down 6.2%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Uxbridge +13.6% up 13.6%
  2. Clarington +8.6% up 8.6%
  3. Ajax +4.7% up 4.7%
  4. Oshawa +0.1% up 0.1%
  5. Whitby −3.2% down 3.2%

Bottom 5

  1. Pickering −5.6% down 5.6%
  2. Whitby −3.2% down 3.2%
  3. Oshawa +0.1% up 0.1%
  4. Ajax +4.7% up 4.7%
  5. Clarington +8.6% up 8.6%

Sales, month-over-month

Top 5

  1. Uxbridge +16.7% up 16.7%
  2. Whitby +15.2% up 15.2%
  3. Oshawa +13.3% up 13.3%
  4. Pickering +9.8% up 9.8%
  5. Clarington −9.6% down 9.6%

Bottom 5

  1. Ajax −11.1% down 11.1%
  2. Clarington −9.6% down 9.6%
  3. Pickering +9.8% up 9.8%
  4. Oshawa +13.3% up 13.3%
  5. Whitby +15.2% up 15.2%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$1,132,693

+$135,610 +13.6% up $135,610, 13.6% versus December 2022

Sales
14
SP/LP
95%
DOM
24
SNLR
43.8%

Full history →

Whitby focus

Whitby, Durham Region

$1,006,574

−$33,406 −3.2% down $33,406, 3.2% versus December 2022

Sales
76
SP/LP
99%
DOM
17
SNLR
51.0%

Full history →

Scugog focus

Scugog, Durham Region

$946,667

+$112,052 +13.4% up $112,052, 13.4% versus December 2022

Sales
9
SP/LP
100%
DOM
30
SNLR
28.1%

Full history →

Pickering focus

Pickering, Durham Region

$940,219

−$55,833 −5.6% down $55,833, 5.6% versus December 2022

Sales
56
SP/LP
99%
DOM
25
SNLR
45.2%

Full history →

Ajax focus

Ajax, Durham Region

$931,346

+$41,915 +4.7% up $41,915, 4.7% versus December 2022

Sales
56
SP/LP
101%
DOM
17
SNLR
47.5%

Full history →

Clarington focus

Clarington, Durham Region

$821,376

+$64,844 +8.6% up $64,844, 8.6% versus December 2022

Sales
66
SP/LP
98%
DOM
25
SNLR
49.3%

Full history →

Oshawa focus

Oshawa, Durham Region

$775,233

+$612 +0.1% up $612, 0.1% versus December 2022

Sales
111
SP/LP
100%
DOM
20
SNLR
44.8%

Full history →

Brock focus

Brock, Durham Region

$578,667

−$138,083 −19.3% down $138,083, 19.3% versus December 2022

Sales
6
SP/LP
95%
DOM
42
SNLR
23.1%

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 14 +2 +16.7% up 2, 16.7% versus December 2022 $15.9M $1,132,693 +$135,610 +13.6% up $135,610, 13.6% versus December 2022 $1,035,500 32 32 95% 24 39 43.8% 2.3
Whitby focus Whitby, Durham Region 76 +10 +15.2% up 10, 15.2% versus December 2022 $76.5M $1,006,574 −$33,406 −3.2% down $33,406, 3.2% versus December 2022 $960,000 149 126 99% 17 27 51.0% 1.7
Scugog focus Scugog, Durham Region 9 −4 −30.8% down 4, 30.8% versus December 2022 $8.5M $946,667 +$112,052 +13.4% up $112,052, 13.4% versus December 2022 $845,000 32 36 100% 30 38 28.1% 4.0
Pickering focus Pickering, Durham Region 56 +5 +9.8% up 5, 9.8% versus December 2022 $52.7M $940,219 −$55,833 −5.6% down $55,833, 5.6% versus December 2022 $885,000 124 112 99% 25 35 45.2% 2.0
Ajax focus Ajax, Durham Region 56 −7 −11.1% down 7, 11.1% versus December 2022 $52.2M $931,346 +$41,915 +4.7% up $41,915, 4.7% versus December 2022 $872,250 118 83 101% 17 28 47.5% 1.5
Clarington focus Clarington, Durham Region 66 −7 −9.6% down 7, 9.6% versus December 2022 $54.2M $821,376 +$64,844 +8.6% up $64,844, 8.6% versus December 2022 $790,000 134 142 98% 25 37 49.3% 2.1
Oshawa focus Oshawa, Durham Region 111 +13 +13.3% up 13, 13.3% versus December 2022 $86.1M $775,233 +$612 +0.1% up $612, 0.1% versus December 2022 $761,000 248 230 100% 20 27 44.8% 2.1
Brock focus Brock, Durham Region 6 +2 +50.0% up 2, 50.0% versus December 2022 $3.5M $578,667 −$138,083 −19.3% down $138,083, 19.3% versus December 2022 $535,000 26 38 95% 42 42 23.1% 6.3