Source: TRREB MarketWatch, May 2024

8 areas

Durham Region

May 2024

Headline indicators

All home types

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

$954,942

MoM +$11,102 +1.2% up $11,102, 1.2% versus April 2024 YoY −3.4% down 3.4% versus May 2023

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

$885,000

MoM −$10,000 −1.1% down $10,000, 1.1% versus April 2024 YoY −4.8% down 4.8% versus May 2023

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

$952,800

MoM −$2,900 −0.3% down $2,900, 0.3% versus April 2024 YoY −2.3% down 2.3% versus May 2023

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

907

MoM −41 −4.3% down 41, 4.3% versus April 2024 YoY −15.0% down 15.0% versus May 2023

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

$866.1M

MoM −$28,627,729 −3.2% down $28,627,729, 3.2% versus April 2024 YoY −17.9% down 17.9% versus May 2023

New listings — Properties newly listed during the month.

2,082

MoM +242 +13.2% up 242, 13.2% versus April 2024 YoY +26.2% up 26.2% versus May 2023

Active listings — Listings available at month end.

1,886

MoM +337 +21.8% up 337, 21.8% versus April 2024 YoY +85.8% up 85.8% versus May 2023

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

14

MoM no change no change versus April 2024 YoY +27.3% up 27.3% versus May 2023

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

20

MoM +1 day +5.3% up 1 day, 5.3% versus April 2024 YoY +33.3% up 33.3% versus May 2023

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

104%

MoM no change no change versus April 2024 YoY −3.7% down 3.7% versus May 2023

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

43.6%

MoM −8.0 pp −15.4% down 8.0 pp, 15.4% versus April 2024 YoY −32.6% down 32.6% versus May 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.

2.1

MoM +0 +27.3% up 0, 27.3% versus April 2024 YoY +118.6% up 118.6% versus May 2023

Trend

13 months to May 2024

Average price

Durham Region average selling price over the 13 months ending May 2024.
Month Average price
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
Feb '24 919017
Mar '24 936166
Apr '24 943840
May '24 954942

Sales

Durham Region sales over the 13 months ending May 2024.
Month Sales
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
Feb '24 745
Mar '24 859
Apr '24 948
May '24 907

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 907 −41 −4.3% down 41, 4.3% versus April 2024 $954,942 +$11,102 +1.2% up $11,102, 1.2% versus April 2024 $885,000 43.6% 2.1
Detached 597 −13 −2.1% down 13, 2.1% versus April 2024 $1,059,756 +$11,233 +1.1% up $11,233, 1.1% versus April 2024 $980,000 44.3% 2.0
Semi-detached 59 +3 +5.4% up 3, 5.4% versus April 2024 $806,719 +$22,035 +2.8% up $22,035, 2.8% versus April 2024 $790,000 60.2% 1.3
Att/row/townhouse 132 −12 −8.3% down 12, 8.3% versus April 2024 $835,275 −$16,498 −1.9% down $16,498, 1.9% versus April 2024 $830,000 43.3% 2.1
Condo townhouse 56 −9 −13.8% down 9, 13.8% versus April 2024 $674,376 −$10,890 −1.6% down $10,890, 1.6% versus April 2024 $652,500 33.9% 3.0
Condo apartment 55 −6 −9.8% down 6, 9.8% versus April 2024 $569,142 +$9,414 +1.7% up $9,414, 1.7% versus April 2024 $550,000 39.3% 2.9
Link 8 −4 −33.3% down 4, 33.3% versus April 2024 $817,250 −$5,917 −0.7% down $5,917, 0.7% versus April 2024 $803,500 34.8% 1.6

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 401.3 $952,800 −2.3% down 2.3%
Single-family detached 396.8 $1,042,000 −2.0% down 2.0%
Single-family attached 435.9 $836,400 −2.9% down 2.9%
Townhouse 436.2 $660,800 −4.1% down 4.1%
Apartment 360.6 $568,000 −1.4% down 1.4%

Movers within Durham Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Uxbridge +12.0% up 12.0%
  2. Clarington +6.3% up 6.3%
  3. Pickering +1.9% up 1.9%
  4. Oshawa +0.5% up 0.5%
  5. Scugog −1.0% down 1.0%

Bottom 5

  1. Brock −4.9% down 4.9%
  2. Whitby −2.3% down 2.3%
  3. Ajax −1.3% down 1.3%
  4. Scugog −1.0% down 1.0%
  5. Oshawa +0.5% up 0.5%

Sales, month-over-month

Top 5

  1. Whitby +15.8% up 15.8%
  2. Oshawa −1.6% down 1.6%
  3. Ajax −6.4% down 6.4%
  4. Pickering −12.6% down 12.6%
  5. Clarington −13.1% down 13.1%

Bottom 5

  1. Brock −25.0% down 25.0%
  2. Uxbridge −18.5% down 18.5%
  3. Scugog −16.7% down 16.7%
  4. Clarington −13.1% down 13.1%
  5. Pickering −12.6% down 12.6%

Durham Region

Uxbridge focus

Uxbridge, Durham Region

$1,398,709

+$149,494 +12.0% up $149,494, 12.0% versus April 2024

Sales
22
SP/LP
97%
DOM
45
SNLR
38.6%

Full history →

Scugog focus

Scugog, Durham Region

$1,044,101

−$10,032 −1.0% down $10,032, 1.0% versus April 2024

Sales
25
SP/LP
100%
DOM
13
SNLR
34.3%

Full history →

Whitby focus

Whitby, Durham Region

$1,038,152

−$24,929 −2.3% down $24,929, 2.3% versus April 2024

Sales
198
SP/LP
104%
DOM
12
SNLR
44.8%

Full history →

Pickering focus

Pickering, Durham Region

$1,019,367

+$19,386 +1.9% up $19,386, 1.9% versus April 2024

Sales
125
SP/LP
103%
DOM
14
SNLR
40.7%

Full history →

Ajax focus

Ajax, Durham Region

$1,002,821

−$13,381 −1.3% down $13,381, 1.3% versus April 2024

Sales
132
SP/LP
104%
DOM
15
SNLR
53.4%

Full history →

Clarington focus

Clarington, Durham Region

$913,086

+$53,793 +6.3% up $53,793, 6.3% versus April 2024

Sales
153
SP/LP
105%
DOM
12
SNLR
42.0%

Full history →

Oshawa focus

Oshawa, Durham Region

$813,004

+$4,164 +0.5% up $4,164, 0.5% versus April 2024

Sales
240
SP/LP
106%
DOM
13
SNLR
43.1%

Full history →

Brock focus

Brock, Durham Region

$757,333

−$39,323 −4.9% down $39,323, 4.9% versus April 2024

Sales
12
SP/LP
97%
DOM
19
SNLR
34.3%

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 22 −5 −18.5% down 5, 18.5% versus April 2024 $30.8M $1,398,709 +$149,494 +12.0% up $149,494, 12.0% versus April 2024 $1,277,500 57 81 97% 45 51 38.6% 3.7
Scugog focus Scugog, Durham Region 25 −5 −16.7% down 5, 16.7% versus April 2024 $26.1M $1,044,101 −$10,032 −1.0% down $10,032, 1.0% versus April 2024 $930,000 73 101 100% 13 27 34.3% 4.0
Whitby focus Whitby, Durham Region 198 +27 +15.8% up 27, 15.8% versus April 2024 $205.6M $1,038,152 −$24,929 −2.3% down $24,929, 2.3% versus April 2024 $950,500 442 341 104% 12 19 44.8% 1.7
Pickering focus Pickering, Durham Region 125 −18 −12.6% down 18, 12.6% versus April 2024 $127.4M $1,019,367 +$19,386 +1.9% up $19,386, 1.9% versus April 2024 $945,000 307 298 103% 14 23 40.7% 2.4
Ajax focus Ajax, Durham Region 132 −9 −6.4% down 9, 6.4% versus April 2024 $132.4M $1,002,821 −$13,381 −1.3% down $13,381, 1.3% versus April 2024 $950,000 247 219 104% 15 19 53.4% 1.7
Clarington focus Clarington, Durham Region 153 −23 −13.1% down 23, 13.1% versus April 2024 $139.7M $913,086 +$53,793 +6.3% up $53,793, 6.3% versus April 2024 $851,000 364 300 105% 12 17 42.0% 2.0
Oshawa focus Oshawa, Durham Region 240 −4 −1.6% down 4, 1.6% versus April 2024 $195.1M $813,004 +$4,164 +0.5% up $4,164, 0.5% versus April 2024 $775,000 557 490 106% 13 19 43.1% 2.0
Brock focus Brock, Durham Region 12 −4 −25.0% down 4, 25.0% versus April 2024 $9.1M $757,333 −$39,323 −4.9% down $39,323, 4.9% versus April 2024 $712,500 35 55 97% 19 29 34.3% 4.6