Source: TRREB MarketWatch, September 2023

8 areas

Durham Region

September 2023

Headline indicators

All home types

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

$907,359

MoM −$23,493 −2.5% down $23,493, 2.5% versus August 2023 YoY −0.8% down 0.8% versus September 2022

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

$855,000

MoM −$20,000 −2.3% down $20,000, 2.3% versus August 2023 YoY +0.6% up 0.6% versus September 2022

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

$951,400

MoM −$23,600 −2.4% down $23,600, 2.4% versus August 2023 YoY +2.2% up 2.2% versus September 2022

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

653

MoM −123 −15.9% down 123, 15.9% versus August 2023 YoY −1.4% down 1.4% versus September 2022

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

$592.5M

MoM −$129,836,055 −18.0% down $129,836,055, 18.0% versus August 2023 YoY −2.2% down 2.2% versus September 2022

New listings — Properties newly listed during the month.

1,727

MoM +201 +13.2% up 201, 13.2% versus August 2023 YoY +44.6% up 44.6% versus September 2022

Active listings — Listings available at month end.

1,625

MoM +211 +14.9% up 211, 14.9% versus August 2023 YoY +49.1% up 49.1% versus September 2022

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

17

MoM +2 days +13.3% up 2 days, 13.3% versus August 2023 YoY −5.6% down 5.6% versus September 2022

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

25

MoM +3 days +13.6% up 3 days, 13.6% versus August 2023 YoY −13.8% down 13.8% versus September 2022

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

102%

MoM −1.0 pp −1.0% down 1.0 pp, 1.0% versus August 2023 YoY +3.0% up 3.0% versus September 2022

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

37.8%

MoM −13.0 pp −25.6% down 13.0 pp, 25.6% versus August 2023 YoY −31.8% down 31.8% versus September 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.

2.5

MoM +1 +36.6% up 1, 36.6% versus August 2023 YoY +51.1% up 51.1% versus September 2022

Trend

13 months to September 2023

Average price

Durham Region average selling price over the 13 months ending September 2023.
Month Average price
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
Sep '23 907359

Sales

Durham Region sales over the 13 months ending September 2023.
Month Sales
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
Sep '23 653

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 653 −123 −15.9% down 123, 15.9% versus August 2023 $907,359 −$23,493 −2.5% down $23,493, 2.5% versus August 2023 $855,000 37.8% 2.5
Detached 412 −108 −20.8% down 108, 20.8% versus August 2023 $1,018,765 +$3,524 +0.3% up $3,524, 0.3% versus August 2023 $953,000 36.3% 2.6
Semi-detached 43 −14 −24.6% down 14, 24.6% versus August 2023 $750,816 −$42,231 −5.3% down $42,231, 5.3% versus August 2023 $720,100 52.4% 1.3
Att/row/townhouse 90 −7 −7.2% down 7, 7.2% versus August 2023 $817,943 −$32,037 −3.8% down $32,037, 3.8% versus August 2023 $830,000 35.6% 2.7
Condo townhouse 47 +2 +4.4% up 2, 4.4% versus August 2023 $661,866 −$12,583 −1.9% down $12,583, 1.9% versus August 2023 $668,750 36.4% 3.0
Condo apartment 54 +9 +20.0% up 9, 20.0% versus August 2023 $556,876 −$29,548 −5.0% down $29,548, 5.0% versus August 2023 $534,000 49.1% 2.1
Link 7 −5 −41.7% down 5, 41.7% versus August 2023 $813,571 −$21,846 −2.6% down $21,846, 2.6% versus August 2023 $805,000 46.7% 1.6

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 397.1 $951,400 +2.2% up 2.2%
Single-family detached 391.3 $1,040,800 +2.5% up 2.5%
Single-family attached 431 $830,900 +2.6% up 2.6%
Townhouse 445.7 $681,900 +0.8% up 0.8%
Apartment 350.1 $573,400 −2.9% down 2.9%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Scugog +10.5% up 10.5%
  2. Uxbridge +7.8% up 7.8%
  3. Ajax +1.0% up 1.0%
  4. Whitby −1.7% down 1.7%
  5. Clarington −2.6% down 2.6%

Bottom 5

  1. Brock −11.6% down 11.6%
  2. Oshawa −7.1% down 7.1%
  3. Pickering −6.0% down 6.0%
  4. Clarington −2.6% down 2.6%
  5. Whitby −1.7% down 1.7%

Sales, month-over-month

Top 5

  1. Brock +11.1% up 11.1%
  2. Whitby +9.7% up 9.7%
  3. Clarington −11.9% down 11.9%
  4. Pickering −20.6% down 20.6%
  5. Uxbridge −20.8% down 20.8%

Bottom 5

  1. Scugog −36.4% down 36.4%
  2. Oshawa −23.5% down 23.5%
  3. Ajax −23.0% down 23.0%
  4. Uxbridge −20.8% down 20.8%
  5. Pickering −20.6% down 20.6%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$1,324,645

+$95,730 +7.8% up $95,730, 7.8% versus August 2023

Sales
19
SP/LP
99%
DOM
17
SNLR
33.9%

Full history →

Scugog focus

Scugog, Durham Region

$1,140,500

+$108,036 +10.5% up $108,036, 10.5% versus August 2023

Sales
21
SP/LP
98%
DOM
21
SNLR
42.0%

Full history →

Whitby focus

Whitby, Durham Region

$1,003,751

−$17,412 −1.7% down $17,412, 1.7% versus August 2023

Sales
124
SP/LP
101%
DOM
16
SNLR
36.4%

Full history →

Ajax focus

Ajax, Durham Region

$993,061

+$9,808 +1.0% up $9,808, 1.0% versus August 2023

Sales
87
SP/LP
104%
DOM
17
SNLR
36.7%

Full history →

Pickering focus

Pickering, Durham Region

$973,581

−$61,650 −6.0% down $61,650, 6.0% versus August 2023

Sales
77
SP/LP
102%
DOM
18
SNLR
30.6%

Full history →

Clarington focus

Clarington, Durham Region

$852,373

−$22,998 −2.6% down $22,998, 2.6% versus August 2023

Sales
119
SP/LP
101%
DOM
18
SNLR
38.4%

Full history →

Brock focus

Brock, Durham Region

$767,125

−$100,425 −11.6% down $100,425, 11.6% versus August 2023

Sales
20
SP/LP
97%
DOM
23
SNLR
60.6%

Full history →

Oshawa focus

Oshawa, Durham Region

$756,906

−$58,192 −7.1% down $58,192, 7.1% versus August 2023

Sales
186
SP/LP
103%
DOM
15
SNLR
41.5%

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 19 −5 −20.8% down 5, 20.8% versus August 2023 $25.2M $1,324,645 +$95,730 +7.8% up $95,730, 7.8% versus August 2023 $1,050,000 56 69 99% 17 22 33.9% 3.6
Scugog focus Scugog, Durham Region 21 −12 −36.4% down 12, 36.4% versus August 2023 $24.0M $1,140,500 +$108,036 +10.5% up $108,036, 10.5% versus August 2023 $975,000 50 66 98% 21 34 42.0% 3.1
Whitby focus Whitby, Durham Region 124 +11 +9.7% up 11, 9.7% versus August 2023 $124.5M $1,003,751 −$17,412 −1.7% down $17,412, 1.7% versus August 2023 $957,000 341 301 101% 16 23 36.4% 2.4
Ajax focus Ajax, Durham Region 87 −26 −23.0% down 26, 23.0% versus August 2023 $86.4M $993,061 +$9,808 +1.0% up $9,808, 1.0% versus August 2023 $950,000 237 199 104% 17 23 36.7% 2.3
Pickering focus Pickering, Durham Region 77 −20 −20.6% down 20, 20.6% versus August 2023 $75.0M $973,581 −$61,650 −6.0% down $61,650, 6.0% versus August 2023 $910,000 252 269 102% 18 26 30.6% 3.5
Clarington focus Clarington, Durham Region 119 −16 −11.9% down 16, 11.9% versus August 2023 $101.4M $852,373 −$22,998 −2.6% down $22,998, 2.6% versus August 2023 $817,000 310 242 101% 18 29 38.4% 2.0
Brock focus Brock, Durham Region 20 +2 +11.1% up 2, 11.1% versus August 2023 $15.3M $767,125 −$100,425 −11.6% down $100,425, 11.6% versus August 2023 $675,250 33 59 97% 23 27 60.6% 3.0
Oshawa focus Oshawa, Durham Region 186 −57 −23.5% down 57, 23.5% versus August 2023 $140.8M $756,906 −$58,192 −7.1% down $58,192, 7.1% versus August 2023 $735,000 448 420 103% 15 22 41.5% 2.3