Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$930,852
MoM −$31,000 −3.2% down $31,000, 3.2% versus July 2023 YoY +1.1% up 1.1% versus August 2022
Source: TRREB MarketWatch, August 2023
8 areas
Durham Region
August 2023
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$875,000
MoM −$20,000 −2.2% down $20,000, 2.2% versus July 2023 YoY +2.5% up 2.5% versus August 2022
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$975,000
MoM −$17,900 −1.8% down $17,900, 1.8% versus July 2023 YoY +2.7% up 2.7% versus August 2022
Sales — Firm transactions reported through the MLS® System during the month.
776
MoM +6 +0.8% up 6, 0.8% versus July 2023 YoY −3.7% down 3.7% versus August 2022
Dollar volume — Total value of all sales in the month.
$722.3M
MoM −$18,284,771 −2.5% down $18,284,771, 2.5% versus July 2023 YoY −2.6% down 2.6% versus August 2022
New listings — Properties newly listed during the month.
1,526
MoM −151 −9.0% down 151, 9.0% versus July 2023 YoY +19.7% up 19.7% versus August 2022
Active listings — Listings available at month end.
1,414
MoM −2 −0.1% down 2, 0.1% versus July 2023 YoY +26.1% up 26.1% versus August 2022
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
15
MoM +1 day +7.1% up 1 day, 7.1% versus July 2023 YoY −11.8% down 11.8% versus August 2022
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
22
MoM +3 days +15.8% up 3 days, 15.8% versus July 2023 YoY −15.4% down 15.4% versus August 2022
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
103%
MoM −1.0 pp −1.0% down 1.0 pp, 1.0% versus July 2023 YoY +3.0% up 3.0% versus August 2022
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
50.9%
MoM +4.9 pp +10.8% up 4.9 pp, 10.8% versus July 2023 YoY −19.6% down 19.6% versus August 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.
1.8
MoM −0 −0.9% down 0, 0.9% versus July 2023 YoY +31.0% up 31.0% versus August 2022
Trend
13 months to August 2023
Average price
| Month | Average price |
|---|---|
| Aug '22 | 920269 |
| Sep '22 | 915027 |
| Oct '22 | 893673 |
| Nov '22 | 892677 |
| Dec '22 | 874456 |
| Jan '23 | 886849 |
| Feb '23 | 888448 |
| Mar '23 | 926142 |
| Apr '23 | 956240 |
| May '23 | 988644 |
| Jun '23 | 999787 |
| Jul '23 | 961852 |
| Aug '23 | 930852 |
Sales
| Month | Sales |
|---|---|
| Aug '22 | 806 |
| Sep '22 | 662 |
| Oct '22 | 632 |
| Nov '22 | 564 |
| Dec '22 | 380 |
| Jan '23 | 394 |
| Feb '23 | 601 |
| Mar '23 | 864 |
| Apr '23 | 903 |
| May '23 | 1067 |
| Jun '23 | 898 |
| Jul '23 | 770 |
| Aug '23 | 776 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 776 | +6 +0.8% up 6, 0.8% versus July 2023 | $930,852 | −$31,000 −3.2% down $31,000, 3.2% versus July 2023 | $875,000 | 50.9% | 1.8 |
| Detached | 520 | −12 −2.3% down 12, 2.3% versus July 2023 | $1,015,241 | −$34,941 −3.3% down $34,941, 3.3% versus July 2023 | $951,000 | 52.7% | 1.8 |
| Semi-detached | 57 | +19 +50.0% up 19, 50.0% versus July 2023 | $793,047 | −$32,327 −3.9% down $32,327, 3.9% versus July 2023 | $770,000 | 68.7% | 1.0 |
| Att/row/townhouse | 97 | +10 +11.5% up 10, 11.5% versus July 2023 | $849,980 | −$27,776 −3.2% down $27,776, 3.2% versus July 2023 | $820,000 | 45.1% | 2.0 |
| Condo townhouse | 45 | −9 −16.7% down 9, 16.7% versus July 2023 | $674,449 | −$38,834 −5.4% down $38,834, 5.4% versus July 2023 | $668,855 | 39.5% | 2.8 |
| Condo apartment | 45 | −8 −15.1% down 8, 15.1% versus July 2023 | $586,424 | +$3,702 +0.6% up $3,702, 0.6% versus July 2023 | $574,500 | 39.5% | 2.4 |
| Link | 12 | +6 +100.0% up 6, 100.0% versus July 2023 | $835,417 | +$35,595 +4.5% up $35,595, 4.5% versus July 2023 | $846,000 | 85.7% | 0.7 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 406.9 | $975,000 | +2.7% up 2.7% |
| Single-family detached | 401 | $1,066,600 | +3.1% up 3.1% |
| Single-family attached | 443.9 | $855,800 | +3.9% up 3.9% |
| Townhouse | 451 | $690,100 | −1.0% down 1.0% |
| Apartment | 356.2 | $583,500 | −1.9% down 1.9% |
Movers within Durham Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Scugog +6.0% up 6.0%
- Brock +5.8% up 5.8%
- Pickering +0.6% up 0.6%
- Oshawa −1.8% down 1.8%
- Clarington −2.2% down 2.2%
Bottom 5
- Uxbridge −16.9% down 16.9%
- Whitby −4.9% down 4.9%
- Ajax −2.6% down 2.6%
- Clarington −2.2% down 2.2%
- Oshawa −1.8% down 1.8%
Durham Region
Uxbridge focus
Uxbridge, Durham Region
$1,228,915
−$249,650 −16.9% down $249,650, 16.9% versus July 2023
- Sales
- 24
- SP/LP
- 99%
- DOM
- 18
- SNLR
- 57.1%
Pickering focus
Pickering, Durham Region
$1,035,231
+$6,120 +0.6% up $6,120, 0.6% versus July 2023
- Sales
- 97
- SP/LP
- 102%
- DOM
- 14
- SNLR
- 44.5%
Scugog focus
Scugog, Durham Region
$1,032,464
+$58,621 +6.0% up $58,621, 6.0% versus July 2023
- Sales
- 33
- SP/LP
- 99%
- DOM
- 14
- SNLR
- 63.5%
Whitby focus
Whitby, Durham Region
$1,021,163
−$52,580 −4.9% down $52,580, 4.9% versus July 2023
- Sales
- 113
- SP/LP
- 102%
- DOM
- 15
- SNLR
- 41.4%
Ajax focus
Ajax, Durham Region
$983,253
−$26,316 −2.6% down $26,316, 2.6% versus July 2023
- Sales
- 113
- SP/LP
- 104%
- DOM
- 14
- SNLR
- 61.8%
Clarington focus
Clarington, Durham Region
$875,371
−$19,849 −2.2% down $19,849, 2.2% versus July 2023
- Sales
- 135
- SP/LP
- 102%
- DOM
- 18
- SNLR
- 56.5%
Brock focus
Brock, Durham Region
$867,550
+$47,347 +5.8% up $47,347, 5.8% versus July 2023
- Sales
- 18
- SP/LP
- 95%
- DOM
- 35
- SNLR
- 47.4%
Oshawa focus
Oshawa, Durham Region
$815,098
−$14,661 −1.8% down $14,661, 1.8% versus July 2023
- Sales
- 243
- SP/LP
- 104%
- DOM
- 14
- SNLR
- 50.5%
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 | 24 | +1 +4.3% up 1, 4.3% versus July 2023 | $29.5M | $1,228,915 | −$249,650 −16.9% down $249,650, 16.9% versus July 2023 | $1,280,000 | 42 | 51 | 99% | 18 | 21 | 57.1% | 2.1 |
| Pickering focus Pickering, Durham Region | 97 | −11 −10.2% down 11, 10.2% versus July 2023 | $100.4M | $1,035,231 | +$6,120 +0.6% up $6,120, 0.6% versus July 2023 | $955,000 | 218 | 204 | 102% | 14 | 20 | 44.5% | 2.1 |
| Scugog focus Scugog, Durham Region | 33 | −2 −5.7% down 2, 5.7% versus July 2023 | $34.1M | $1,032,464 | +$58,621 +6.0% up $58,621, 6.0% versus July 2023 | $950,000 | 52 | 70 | 99% | 14 | 19 | 63.5% | 2.1 |
| Whitby focus Whitby, Durham Region | 113 | −26 −18.7% down 26, 18.7% versus July 2023 | $115.4M | $1,021,163 | −$52,580 −4.9% down $52,580, 4.9% versus July 2023 | $980,000 | 273 | 245 | 102% | 15 | 21 | 41.4% | 2.2 |
| Ajax focus Ajax, Durham Region | 113 | +25 +28.4% up 25, 28.4% versus July 2023 | $111.1M | $983,253 | −$26,316 −2.6% down $26,316, 2.6% versus July 2023 | $936,000 | 183 | 161 | 104% | 14 | 21 | 61.8% | 1.4 |
| Clarington focus Clarington, Durham Region | 135 | −28 −17.2% down 28, 17.2% versus July 2023 | $118.2M | $875,371 | −$19,849 −2.2% down $19,849, 2.2% versus July 2023 | $810,000 | 239 | 202 | 102% | 18 | 25 | 56.5% | 1.5 |
| Brock focus Brock, Durham Region | 18 | −2 −10.0% down 2, 10.0% versus July 2023 | $15.6M | $867,550 | +$47,347 +5.8% up $47,347, 5.8% versus July 2023 | $777,500 | 38 | 63 | 95% | 35 | 52 | 47.4% | 3.5 |
| Oshawa focus Oshawa, Durham Region | 243 | +49 +25.3% up 49, 25.3% versus July 2023 | $198.1M | $815,098 | −$14,661 −1.8% down $14,661, 1.8% versus July 2023 | $792,000 | 481 | 418 | 104% | 14 | 19 | 50.5% | 1.7 |