Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$894,825
MoM +$34,203 +4.0% up $34,203, 4.0% versus December 2023 YoY +0.9% up 0.9% versus January 2023
Source: TRREB MarketWatch, January 2024
8 areas
Durham Region
January 2024
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$849,999
MoM +$39,999 +4.9% up $39,999, 4.9% versus December 2023 YoY +1.3% up 1.3% versus January 2023
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$901,700
MoM −$1,100 −0.1% down $1,100, 0.1% versus December 2023 YoY −0.2% down 0.2% versus January 2023
Sales — Firm transactions reported through the MLS® System during the month.
539
MoM +71 +15.2% up 71, 15.2% versus December 2023 YoY +36.8% up 36.8% versus January 2023
Dollar volume — Total value of all sales in the month.
$482.3M
MoM +$79,539,202 +19.7% up $79,539,202, 19.7% versus December 2023 YoY +38.0% up 38.0% versus January 2023
New listings — Properties newly listed during the month.
828
MoM +356 +75.4% up 356, 75.4% versus December 2023 YoY −4.1% down 4.1% versus January 2023
Active listings — Listings available at month end.
751
MoM −111 −12.9% down 111, 12.9% versus December 2023 YoY −6.0% down 6.0% versus January 2023
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
33
MoM +8 days +32.0% up 8 days, 32.0% versus December 2023 YoY +57.1% up 57.1% versus January 2023
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
48
MoM +7 days +17.1% up 7 days, 17.1% versus December 2023 YoY +54.8% up 54.8% versus January 2023
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
99%
MoM no change no change versus December 2023 YoY no change no change versus January 2023
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
65.1%
MoM −34.1 pp −34.3% down 34.1 pp, 34.3% versus December 2023 YoY +42.6% up 42.6% versus January 2023
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.
1.4
MoM −0 −24.4% down 0, 24.4% versus December 2023 YoY −31.3% down 31.3% versus January 2023
Trend
13 months to January 2024
Average price
| Month | Average price |
|---|---|
| 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 |
| Jan '24 | 894825 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Jan '24 | 539 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 539 | +71 +15.2% up 71, 15.2% versus December 2023 | $894,825 | +$34,203 +4.0% up $34,203, 4.0% versus December 2023 | $849,999 | 65.1% | 1.4 |
| Detached | 351 | +61 +21.0% up 61, 21.0% versus December 2023 | $988,200 | +$33,636 +3.5% up $33,636, 3.5% versus December 2023 | $925,000 | 68.8% | 1.3 |
| Semi-detached | 30 | +4 +15.4% up 4, 15.4% versus December 2023 | $838,920 | +$83,097 +11.0% up $83,097, 11.0% versus December 2023 | $824,000 | 69.8% | 0.5 |
| Att/row/townhouse | 74 | −5 −6.3% down 5, 6.3% versus December 2023 | $813,714 | +$11,256 +1.4% up $11,256, 1.4% versus December 2023 | $817,500 | 59.2% | 1.4 |
| Condo townhouse | 37 | −8 −17.8% down 8, 17.8% versus December 2023 | $646,324 | +$15,255 +2.4% up $15,255, 2.4% versus December 2023 | $650,000 | 53.6% | 2.2 |
| Condo apartment | 40 | +14 +53.8% up 14, 53.8% versus December 2023 | $514,756 | +$12,641 +2.5% up $12,641, 2.5% versus December 2023 | $497,750 | 52.6% | 2.5 |
| Link | 7 | +6 +600.0% up 6, 600.0% versus December 2023 | $795,071 | −$4,929 −0.6% down $4,929, 0.6% versus December 2023 | $765,000 | 140.0% | 0.1 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 376.3 | $901,700 | −0.2% down 0.2% |
| Single-family detached | 370.4 | $985,300 | +0.1% up 0.1% |
| Single-family attached | 410.7 | $791,800 | −0.4% down 0.4% |
| Townhouse | 414.2 | $633,800 | −1.8% down 1.8% |
| Apartment | 336.8 | $551,600 | −0.8% down 0.8% |
Movers within Durham Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Uxbridge +12.0% up 12.0%
- Whitby +9.6% up 9.6%
- Oshawa +8.5% up 8.5%
- Clarington +3.5% up 3.5%
- Scugog +3.4% up 3.4%
Bottom 5
- Brock −10.1% down 10.1%
- Pickering −5.0% down 5.0%
- Ajax +1.6% up 1.6%
- Scugog +3.4% up 3.4%
- Clarington +3.5% up 3.5%
Durham Region
Uxbridge focus
Uxbridge, Durham Region
$1,103,433
+$118,183 +12.0% up $118,183, 12.0% versus December 2023
- Sales
- 15
- SP/LP
- 98%
- DOM
- 38
- SNLR
- 57.7%
Whitby focus
Whitby, Durham Region
$1,029,071
+$90,466 +9.6% up $90,466, 9.6% versus December 2023
- Sales
- 107
- SP/LP
- 99%
- DOM
- 32
- SNLR
- 73.8%
Scugog focus
Scugog, Durham Region
$1,011,760
+$32,871 +3.4% up $32,871, 3.4% versus December 2023
- Sales
- 10
- SP/LP
- 98%
- DOM
- 37
- SNLR
- 41.7%
Pickering focus
Pickering, Durham Region
$954,524
−$50,561 −5.0% down $50,561, 5.0% versus December 2023
- Sales
- 71
- SP/LP
- 99%
- DOM
- 34
- SNLR
- 53.4%
Ajax focus
Ajax, Durham Region
$927,118
+$14,299 +1.6% up $14,299, 1.6% versus December 2023
- Sales
- 75
- SP/LP
- 100%
- DOM
- 35
- SNLR
- 77.3%
Clarington focus
Clarington, Durham Region
$834,430
+$28,384 +3.5% up $28,384, 3.5% versus December 2023
- Sales
- 82
- SP/LP
- 99%
- DOM
- 36
- SNLR
- 51.9%
Oshawa focus
Oshawa, Durham Region
$789,252
+$61,759 +8.5% up $61,759, 8.5% versus December 2023
- Sales
- 167
- SP/LP
- 99%
- DOM
- 29
- SNLR
- 76.6%
Brock focus
Brock, Durham Region
$666,450
−$74,550 −10.1% down $74,550, 10.1% versus December 2023
- Sales
- 12
- SP/LP
- 96%
- DOM
- 57
- SNLR
- 44.4%
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 | 15 | +7 +87.5% up 7, 87.5% versus December 2023 | $16.6M | $1,103,433 | +$118,183 +12.0% up $118,183, 12.0% versus December 2023 | $1,020,000 | 26 | 35 | 98% | 38 | 59 | 57.7% | 2.3 |
| Whitby focus Whitby, Durham Region | 107 | +20 +23.0% up 20, 23.0% versus December 2023 | $110.1M | $1,029,071 | +$90,466 +9.6% up $90,466, 9.6% versus December 2023 | $985,000 | 145 | 117 | 99% | 32 | 48 | 73.8% | 1.1 |
| Scugog focus Scugog, Durham Region | 10 | +1 +11.1% up 1, 11.1% versus December 2023 | $10.1M | $1,011,760 | +$32,871 +3.4% up $32,871, 3.4% versus December 2023 | $951,300 | 24 | 39 | 98% | 37 | 56 | 41.7% | 3.9 |
| Pickering focus Pickering, Durham Region | 71 | −7 −9.0% down 7, 9.0% versus December 2023 | $67.8M | $954,524 | −$50,561 −5.0% down $50,561, 5.0% versus December 2023 | $930,000 | 133 | 131 | 99% | 34 | 46 | 53.4% | 1.9 |
| Ajax focus Ajax, Durham Region | 75 | +6 +8.7% up 6, 8.7% versus December 2023 | $69.5M | $927,118 | +$14,299 +1.6% up $14,299, 1.6% versus December 2023 | $890,000 | 97 | 91 | 100% | 35 | 52 | 77.3% | 1.2 |
| Clarington focus Clarington, Durham Region | 82 | +17 +26.2% up 17, 26.2% versus December 2023 | $68.4M | $834,430 | +$28,384 +3.5% up $28,384, 3.5% versus December 2023 | $795,000 | 158 | 128 | 99% | 36 | 51 | 51.9% | 1.6 |
| Oshawa focus Oshawa, Durham Region | 167 | +20 +13.6% up 20, 13.6% versus December 2023 | $131.8M | $789,252 | +$61,759 +8.5% up $61,759, 8.5% versus December 2023 | $790,000 | 218 | 178 | 99% | 29 | 42 | 76.6% | 1.1 |
| Brock focus Brock, Durham Region | 12 | +7 +140.0% up 7, 140.0% versus December 2023 | $8.0M | $666,450 | −$74,550 −10.1% down $74,550, 10.1% versus December 2023 | $661,200 | 27 | 32 | 96% | 57 | 66 | 44.4% | 2.7 |