Source: TRREB MarketWatch, January 2018

9 areas

York Region

January 2018

Headline indicators

All home types

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

$870,483

MoM −$38,409 −4.2% YoY −16.7%

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

$808,800

MoM +$1,800 +0.2% YoY −13.0%

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

—

MoM n/a YoY n/a

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

595

MoM −136 −18.6% YoY −37.8%

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

$517.9M

MoM −$146,462,119 −22.0% YoY −48.2%

New listings — Properties newly listed during the month.

1,992

MoM +747 +60.0% YoY +40.3%

Active listings — Listings available at month end.

3,198

MoM −151 −4.5% YoY +243.1%

Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.

MoM +8 days +26.7% YoY +123.5%

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

96%

MoM −1.0 pp −1.0% YoY −9.4%

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

29.9%

MoM −28.8 pp −49.1% YoY −55.6%

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.

5.4

MoM +1 +17.3% YoY +451.3%

Trend

13 months to January 2018

Average price

York Region average selling price over the 13 months ending January 2018.
Month	Average price
Jan '17	1045065
Feb '17	1138396
Mar '17	1182406
Apr '17	1198229
May '17	1083647
Jun '17	990530
Jul '17	951557
Aug '17	936885
Sep '17	991339
Oct '17	961431
Nov '17	921654
Dec '17	908892
Jan '18	870483

Sales

York Region sales over the 13 months ending January 2018.
Month	Sales
Jan '17	956
Feb '17	1568
Mar '17	2402
Apr '17	2042
May '17	1479
Jun '17	1095
Jul '17	804
Aug '17	930
Sep '17	944
Oct '17	1072
Nov '17	1027
Dec '17	731
Jan '18	595

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	595	−136 −18.6% down 136, 18.6% versus December 2017	$870,483	−$38,409 −4.2% down $38,409, 4.2% versus December 2017	$808,800	29.9%	5.4
Detached	303	−64 −17.4% down 64, 17.4% versus December 2017	$1,095,114	−$67,241 −5.8% down $67,241, 5.8% versus December 2017	$997,000	25.0%	6.9
Semi-detached	42	−17 −28.8% down 17, 28.8% versus December 2017	$753,800	+$9,782 +1.3% up $9,782, 1.3% versus December 2017	$743,000	38.9%	3.9
Att/row/townhouse	94	−14 −13.0% down 14, 13.0% versus December 2017	$785,497	+$10,729 +1.4% up $10,729, 1.4% versus December 2017	$764,000	34.2%	4.0
Condo townhouse	30	−6 −16.7% down 6, 16.7% versus December 2017	$583,647	−$4,561 −0.8% down $4,561, 0.8% versus December 2017	$584,950	42.9%	3.7
Condo apartment	114	−21 −15.6% down 21, 15.6% versus December 2017	$464,732	−$22,512 −4.6% down $22,512, 4.6% versus December 2017	$441,750	41.0%	3.4
Link	12	−14 −53.8% down 14, 53.8% versus December 2017	$844,417	−$51,360 −5.7% down $51,360, 5.7% versus December 2017	$817,500	24.0%	5.8
Co-op apartment	0	no change no change versus December 2017	—	n/a not available, prior month not on file versus December 2017	—	—	—
Detached condo	0	no change no change versus December 2017	—	n/a not available, prior month not on file versus December 2017	—	0.0%	—
Co-ownership apartment	0	no change no change versus December 2017	—	n/a not available, prior month not on file versus December 2017	—	—	—

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Whitchurch-Stouffville +13.3% up 13.3%
East Gwillimbury +5.0% up 5.0%
Aurora +1.2% up 1.2%
Newmarket +0.9% up 0.9%
Georgina +0.6% up 0.6%

Bottom 5

King −40.4% down 40.4%
Markham −10.8% down 10.8%
Richmond Hill −8.1% down 8.1%
Vaughan −0.9% down 0.9%
Georgina +0.6% up 0.6%

Sales, month-over-month

Top 5

King +50.0% up 50.0%
Aurora +4.3% up 4.3%
East Gwillimbury −4.8% down 4.8%
Richmond Hill −15.5% down 15.5%
Markham −18.4% down 18.4%

Bottom 5

Georgina −34.7% down 34.7%
Whitchurch-Stouffville −26.7% down 26.7%
Vaughan −24.2% down 24.2%
Newmarket −21.5% down 21.5%
Markham −18.4% down 18.4%

York Region

King focus

King, York Region

$1,189,667

−$807,208 −40.4% down $807,208, 40.4% versus December 2017

Sales: 12
SP/LP: 93%
DOM: 54
SNLR: 18.8%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,012,968

+$119,165 +13.3% up $119,165, 13.3% versus December 2017

Sales: 22
SP/LP: 96%
DOM: 50
SNLR: 23.7%

Full history →

Vaughan focus

Vaughan, York Region

$915,593

−$8,180 −0.9% down $8,180, 0.9% versus December 2017

Sales: 150
SP/LP: 96%
DOM: 36
SNLR: 31.4%

Full history →

Aurora focus

Aurora, York Region

$888,329

+$10,632 +1.2% up $10,632, 1.2% versus December 2017

Sales: 48
SP/LP: 95%
DOM: 39
SNLR: 32.0%

Full history →

Markham focus

Markham, York Region

$873,538

−$105,845 −10.8% down $105,845, 10.8% versus December 2017

Sales: 151
SP/LP: 96%
DOM: 37
SNLR: 35.4%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$866,613

−$76,274 −8.1% down $76,274, 8.1% versus December 2017

Sales: 109
SP/LP: 97%
DOM: 33
SNLR: 29.7%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$797,540

+$37,702 +5.0% up $37,702, 5.0% versus December 2017

Sales: 20
SP/LP: 96%
DOM: 31
SNLR: 18.5%

Full history →

Newmarket focus

Newmarket, York Region

$785,688

+$6,956 +0.9% up $6,956, 0.9% versus December 2017

Sales: 51
SP/LP: 97%
DOM: 43
SNLR: 28.5%

Full history →

Georgina focus

Georgina, York Region

$594,115

+$3,558 +0.6% up $3,558, 0.6% versus December 2017

Sales: 32
SP/LP: 96%
DOM: 42
SNLR: 25.4%

Full history →

All York Region areas

Home type

9 areas

Area	Sales	MoM	$ volume	Average	MoM	Median	New	Active	SP/LP	LDOM	PDOM	SNLR	MOI
King focus King, York Region	12	+4 +50.0% up 4, 50.0% versus December 2017	$14.3M	$1,189,667	−$807,208 −40.4% down $807,208, 40.4% versus December 2017	$1,135,000	64	137	93%	54	—	18.8%	11.4
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	22	−8 −26.7% down 8, 26.7% versus December 2017	$22.3M	$1,012,968	+$119,165 +13.3% up $119,165, 13.3% versus December 2017	$897,500	93	150	96%	50	—	23.7%	6.8
Vaughan focus Vaughan, York Region	150	−48 −24.2% down 48, 24.2% versus December 2017	$137.3M	$915,593	−$8,180 −0.9% down $8,180, 0.9% versus December 2017	$862,500	478	749	96%	36	—	31.4%	5.0
Aurora focus Aurora, York Region	48	+2 +4.3% up 2, 4.3% versus December 2017	$42.6M	$888,329	+$10,632 +1.2% up $10,632, 1.2% versus December 2017	$807,500	150	226	95%	39	—	32.0%	4.7
Markham focus Markham, York Region	151	−34 −18.4% down 34, 18.4% versus December 2017	$131.9M	$873,538	−$105,845 −10.8% down $105,845, 10.8% versus December 2017	$808,800	427	685	96%	37	—	35.4%	4.5
Richmond Hill focus Richmond Hill, York Region	109	−20 −15.5% down 20, 15.5% versus December 2017	$94.5M	$866,613	−$76,274 −8.1% down $76,274, 8.1% versus December 2017	$795,000	367	597	97%	33	—	29.7%	5.5
East Gwillimbury focus East Gwillimbury, York Region	20	−1 −4.8% down 1, 4.8% versus December 2017	$16.0M	$797,540	+$37,702 +5.0% up $37,702, 5.0% versus December 2017	$750,000	108	193	96%	31	—	18.5%	9.7
Newmarket focus Newmarket, York Region	51	−14 −21.5% down 14, 21.5% versus December 2017	$40.1M	$785,688	+$6,956 +0.9% up $6,956, 0.9% versus December 2017	$755,000	179	280	97%	43	—	28.5%	5.5
Georgina focus Georgina, York Region	32	−17 −34.7% down 17, 34.7% versus December 2017	$19.0M	$594,115	+$3,558 +0.6% up $3,558, 0.6% versus December 2017	$537,000	126	181	96%	42	—	25.4%	5.7