Source: TRREB MarketWatch, December 2023

8 areas

Durham Region

December 2023

Headline indicators

All home types

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

$860,622

MoM −$22,493 −2.5% YoY −1.6%

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

$810,000

MoM −$25,000 −3.0% YoY −0.6%

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

$902,800

MoM −$20,400 −2.2% YoY −0.5%

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

468

MoM −72 −13.3% YoY +23.2%

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

$402.8M

MoM −$74,110,867 −15.5% YoY +21.2%

New listings — Properties newly listed during the month.

472

MoM −790 −62.6% YoY +3.1%

Active listings — Listings available at month end.

862

MoM −591 −40.7% YoY +19.2%

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

MoM +6 days +31.6% YoY +19.0%

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

MoM +8 days +24.2% YoY +24.2%

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

99%

MoM no change YoY −1.0%

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

99.2%

MoM +56.4 pp +131.7% YoY +19.5%

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 −1 −31.5% YoY −3.2%

Trend

13 months to December 2023

Average price

Durham Region average selling price over the 13 months ending December 2023.
Month	Average price
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
Oct '23	931548
Nov '23	883115
Dec '23	860622

Sales

Durham Region sales over the 13 months ending December 2023.
Month	Sales
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
Oct '23	588
Nov '23	540
Dec '23	468

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	468	−72 −13.3% down 72, 13.3% versus November 2023	$860,622	−$22,493 −2.5% down $22,493, 2.5% versus November 2023	$810,000	99.2%	1.8
Detached	290	−54 −15.7% down 54, 15.7% versus November 2023	$954,564	−$33,586 −3.4% down $33,586, 3.4% versus November 2023	$899,939	99.7%	1.9
Semi-detached	26	−11 −29.7% down 11, 29.7% versus November 2023	$755,823	+$34,096 +4.7% up $34,096, 4.7% versus November 2023	$728,750	162.5%	0.8
Att/row/townhouse	79	+9 +12.9% up 9, 12.9% versus November 2023	$802,458	+$9,493 +1.2% up $9,493, 1.2% versus November 2023	$803,000	89.8%	1.6
Condo townhouse	45	−4 −8.2% down 4, 8.2% versus November 2023	$631,069	+$2,942 +0.5% up $2,942, 0.5% versus November 2023	$625,000	121.6%	1.6
Condo apartment	26	−9 −25.7% down 9, 25.7% versus November 2023	$502,115	−$70,622 −12.3% down $70,622, 12.3% versus November 2023	$505,000	74.3%	3.9
Link	1	−4 −80.0% down 4, 80.0% versus November 2023	$800,000	+$15,400 +2.0% up $15,400, 2.0% versus November 2023	$800,000	20.0%	3.0
Detached condo	1	n/a not available, prior month not on file versus November 2023	$649,000	n/a not available, prior month not on file versus November 2023	$649,000	—	0.0

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	376.8	$902,800	−0.5% down 0.5%
Single-family detached	369.8	$983,800	−0.5% down 0.5%
Single-family attached	409.6	$789,800	−0.7% down 0.7%
Townhouse	419.4	$641,700	−0.7% down 0.7%
Apartment	354	$579,800	+2.4% up 2.4%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Pickering +6.5% up 6.5%
Whitby −1.1% down 1.1%
Clarington −3.1% down 3.1%
Oshawa −3.8% down 3.8%
Ajax −7.7% down 7.7%

Bottom 5

Ajax −7.7% down 7.7%
Oshawa −3.8% down 3.8%
Clarington −3.1% down 3.1%
Whitby −1.1% down 1.1%
Pickering +6.5% up 6.5%

Sales, month-over-month

Top 5

Ajax +7.8% up 7.8%
Pickering −4.9% down 4.9%
Oshawa −7.0% down 7.0%
Whitby −19.4% down 19.4%
Clarington −30.1% down 30.1%

Bottom 5

Clarington −30.1% down 30.1%
Whitby −19.4% down 19.4%
Oshawa −7.0% down 7.0%
Pickering −4.9% down 4.9%
Ajax +7.8% up 7.8%

Durham Region

Pickering focus

Pickering, Durham Region

$1,005,085

+$60,955 +6.5% up $60,955, 6.5% versus November 2023

Sales: 78
SP/LP: 98%
DOM: 27
SNLR: 109.9%

Full history →

Uxbridge focus

Uxbridge, Durham Region

$985,250

−$221,464 −18.4% down $221,464, 18.4% versus November 2023

Sales: 8
SP/LP: 96%
DOM: 56
SNLR: 66.7%

Full history →

Scugog focus

Scugog, Durham Region

$978,889

−$139,566 −12.5% down $139,566, 12.5% versus November 2023

Sales: 9
SP/LP: 97%
DOM: 31
SNLR: 100.0%

Full history →

Whitby focus

Whitby, Durham Region

$938,605

−$10,787 −1.1% down $10,787, 1.1% versus November 2023

Sales: 87
SP/LP: 99%
DOM: 24
SNLR: 94.6%

Full history →

Ajax focus

Ajax, Durham Region

$912,819

−$76,137 −7.7% down $76,137, 7.7% versus November 2023

Sales: 69
SP/LP: 98%
DOM: 20
SNLR: 106.2%

Full history →

Clarington focus

Clarington, Durham Region

$806,046

−$25,649 −3.1% down $25,649, 3.1% versus November 2023

Sales: 65
SP/LP: 99%
DOM: 24
SNLR: 95.6%

Full history →

Brock focus

Brock, Durham Region

$741,000

−$24,490 −3.2% down $24,490, 3.2% versus November 2023

Sales: 5
SP/LP: 96%
DOM: 42
SNLR: 71.4%

Full history →

Oshawa focus

Oshawa, Durham Region

$727,493

−$28,433 −3.8% down $28,433, 3.8% versus November 2023

Sales: 147
SP/LP: 99%
DOM: 26
SNLR: 99.3%

Full history →

All Durham Region areas

Home type

8 areas

Area	Sales	MoM	$ volume	Average	MoM	Median	New	Active	SP/LP	LDOM	PDOM	SNLR	MOI
Pickering focus Pickering, Durham Region	78	−4 −4.9% down 4, 4.9% versus November 2023	$78.4M	$1,005,085	+$60,955 +6.5% up $60,955, 6.5% versus November 2023	$895,000	71	134	98%	27	42	109.9%	1.7
Uxbridge focus Uxbridge, Durham Region	8	−6 −42.9% down 6, 42.9% versus November 2023	$7.9M	$985,250	−$221,464 −18.4% down $221,464, 18.4% versus November 2023	$939,000	12	42	96%	56	75	66.7%	5.3
Scugog focus Scugog, Durham Region	9	−2 −18.2% down 2, 18.2% versus November 2023	$8.8M	$978,889	−$139,566 −12.5% down $139,566, 12.5% versus November 2023	$880,000	9	39	97%	31	38	100.0%	4.3
Whitby focus Whitby, Durham Region	87	−21 −19.4% down 21, 19.4% versus November 2023	$81.7M	$938,605	−$10,787 −1.1% down $10,787, 1.1% versus November 2023	$890,000	92	134	99%	24	43	94.6%	1.5
Ajax focus Ajax, Durham Region	69	+5 +7.8% up 5, 7.8% versus November 2023	$63.0M	$912,819	−$76,137 −7.7% down $76,137, 7.7% versus November 2023	$881,000	65	116	98%	20	36	106.2%	1.7
Clarington focus Clarington, Durham Region	65	−28 −30.1% down 28, 30.1% versus November 2023	$52.4M	$806,046	−$25,649 −3.1% down $25,649, 3.1% versus November 2023	$740,000	68	124	99%	24	39	95.6%	1.9
Brock focus Brock, Durham Region	5	−5 −50.0% down 5, 50.0% versus November 2023	$3.7M	$741,000	−$24,490 −3.2% down $24,490, 3.2% versus November 2023	$710,000	7	34	96%	42	60	71.4%	6.8
Oshawa focus Oshawa, Durham Region	147	−11 −7.0% down 11, 7.0% versus November 2023	$106.9M	$727,493	−$28,433 −3.8% down $28,433, 3.8% versus November 2023	$706,000	148	239	99%	26	42	99.3%	1.6