Source: TRREB MarketWatch, May 2018

9 areas

York Region

May 2018

Headline indicators

All home types

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

$933,873

MoM −$6,527 −0.7% YoY −13.8%

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

$850,000

MoM −$5,000 −0.6% YoY −9.7%

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.

1,233

MoM +84 +7.3% YoY −16.6%

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

$1.15B

MoM +$70,945,356 +6.6% YoY −28.2%

New listings — Properties newly listed during the month.

4,137

MoM +638 +18.2% YoY −22.5%

Active listings — Listings available at month end.

5,704

MoM +572 +11.1% YoY +30.5%

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

MoM no change YoY +116.7%

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

97%

MoM no change YoY −5.8%

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

29.8%

MoM −3.0 pp −9.2% YoY +7.5%

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.

4.6

MoM +0 +3.6% YoY +56.5%

Trend

13 months to May 2018

Average price

York Region average selling price over the 13 months ending May 2018.
Month	Average price
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
Feb '18	898888
Mar '18	939659
Apr '18	940400
May '18	933873

Sales

York Region sales over the 13 months ending May 2018.
Month	Sales
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
Feb '18	805
Mar '18	1066
Apr '18	1149
May '18	1233

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,233	+84 +7.3% up 84, 7.3% versus April 2018	$933,873	−$6,527 −0.7% down $6,527, 0.7% versus April 2018	$850,000	29.8%	4.6
Detached	667	+43 +6.9% up 43, 6.9% versus April 2018	$1,151,288	−$21,764 −1.9% down $21,764, 1.9% versus April 2018	$1,065,000	25.7%	5.8
Semi-detached	90	+16 +21.6% up 16, 21.6% versus April 2018	$763,134	−$26,060 −3.3% down $26,060, 3.3% versus April 2018	$769,000	31.5%	3.3
Att/row/townhouse	184	+20 +12.2% up 20, 12.2% versus April 2018	$779,184	+$4,042 +0.5% up $4,042, 0.5% versus April 2018	$762,500	34.7%	3.5
Condo townhouse	54	+1 +1.9% up 1, 1.9% versus April 2018	$640,948	+$1,050 +0.2% up $1,050, 0.2% versus April 2018	$583,750	36.2%	4.2
Condo apartment	190	−6 −3.1% down 6, 3.1% versus April 2018	$497,084	+$11,841 +2.4% up $11,841, 2.4% versus April 2018	$461,950	38.4%	3.2
Link	46	+8 +21.1% up 8, 21.1% versus April 2018	$901,117	+$6,657 +0.7% up $6,657, 0.7% versus April 2018	$924,444	56.8%	1.9
Co-op apartment	2	+2 up 2 versus April 2018	$498,000	n/a not available, prior month not on file versus April 2018	$498,000	100.0%	1.5
Detached condo	0	no change no change versus April 2018	—	n/a not available, prior month not on file versus April 2018	—	—	—
Co-ownership apartment	0	no change no change versus April 2018	—	n/a not available, prior month not on file versus April 2018	—	—	—

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Markham +2.8% up 2.8%
East Gwillimbury +2.5% up 2.5%
King +1.6% up 1.6%
Vaughan +1.5% up 1.5%
Whitchurch-Stouffville +1.3% up 1.3%

Bottom 5

Georgina −10.5% down 10.5%
Newmarket −7.5% down 7.5%
Richmond Hill −5.7% down 5.7%
Aurora −4.2% down 4.2%
Whitchurch-Stouffville +1.3% up 1.3%

Sales, month-over-month

Top 5

King +68.2% up 68.2%
Aurora +27.3% up 27.3%
Georgina +23.2% up 23.2%
Whitchurch-Stouffville +16.0% up 16.0%
East Gwillimbury +14.6% up 14.6%

Bottom 5

Richmond Hill −6.0% down 6.0%
Newmarket +1.0% up 1.0%
Markham +3.3% up 3.3%
Vaughan +7.3% up 7.3%
East Gwillimbury +14.6% up 14.6%

York Region

King focus

King, York Region

$1,454,689

+$22,416 +1.6% up $22,416, 1.6% versus April 2018

Sales: 37
SP/LP: 96%
DOM: 35
SNLR: 25.5%

Full history →

Vaughan focus

Vaughan, York Region

$1,014,345

+$14,797 +1.5% up $14,797, 1.5% versus April 2018

Sales: 307
SP/LP: 97%
DOM: 24
SNLR: 32.4%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$977,999

−$59,329 −5.7% down $59,329, 5.7% versus April 2018

Sales: 188
SP/LP: 97%
DOM: 24
SNLR: 24.7%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$958,833

+$12,737 +1.3% up $12,737, 1.3% versus April 2018

Sales: 58
SP/LP: 96%
DOM: 32
SNLR: 29.3%

Full history →

Markham focus

Markham, York Region

$935,268

+$25,360 +2.8% up $25,360, 2.8% versus April 2018

Sales: 316
SP/LP: 98%
DOM: 22
SNLR: 32.5%

Full history →

Aurora focus

Aurora, York Region

$928,210

−$40,460 −4.2% down $40,460, 4.2% versus April 2018

Sales: 98
SP/LP: 98%
DOM: 27
SNLR: 34.0%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$845,309

+$20,990 +2.5% up $20,990, 2.5% versus April 2018

Sales: 55
SP/LP: 96%
DOM: 31
SNLR: 29.3%

Full history →

Newmarket focus

Newmarket, York Region

$733,278

−$59,513 −7.5% down $59,513, 7.5% versus April 2018

Sales: 105
SP/LP: 97%
DOM: 28
SNLR: 25.9%

Full history →

Georgina focus

Georgina, York Region

$532,845

−$62,368 −10.5% down $62,368, 10.5% versus April 2018

Sales: 69
SP/LP: 97%
DOM: 31
SNLR: 29.7%

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	37	+15 +68.2% up 15, 68.2% versus April 2018	$53.8M	$1,454,689	+$22,416 +1.6% up $22,416, 1.6% versus April 2018	$1,350,000	145	266	96%	35	—	25.5%	7.2
Vaughan focus Vaughan, York Region	307	+21 +7.3% up 21, 7.3% versus April 2018	$311.4M	$1,014,345	+$14,797 +1.5% up $14,797, 1.5% versus April 2018	$905,000	949	1,255	97%	24	—	32.4%	4.1
Richmond Hill focus Richmond Hill, York Region	188	−12 −6.0% down 12, 6.0% versus April 2018	$183.9M	$977,999	−$59,329 −5.7% down $59,329, 5.7% versus April 2018	$907,000	761	1,107	97%	24	—	24.7%	5.9
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	58	+8 +16.0% up 8, 16.0% versus April 2018	$55.6M	$958,833	+$12,737 +1.3% up $12,737, 1.3% versus April 2018	$882,000	198	306	96%	32	—	29.3%	5.3
Markham focus Markham, York Region	316	+10 +3.3% up 10, 3.3% versus April 2018	$295.5M	$935,268	+$25,360 +2.8% up $25,360, 2.8% versus April 2018	$880,000	971	1,204	98%	22	—	32.5%	3.8
Aurora focus Aurora, York Region	98	+21 +27.3% up 21, 27.3% versus April 2018	$91.0M	$928,210	−$40,460 −4.2% down $40,460, 4.2% versus April 2018	$827,450	288	398	98%	27	—	34.0%	4.1
East Gwillimbury focus East Gwillimbury, York Region	55	+7 +14.6% up 7, 14.6% versus April 2018	$46.5M	$845,309	+$20,990 +2.5% up $20,990, 2.5% versus April 2018	$800,000	188	295	96%	31	—	29.3%	5.4
Newmarket focus Newmarket, York Region	105	+1 +1.0% up 1, 1.0% versus April 2018	$77.0M	$733,278	−$59,513 −7.5% down $59,513, 7.5% versus April 2018	$705,000	405	538	97%	28	—	25.9%	5.1
Georgina focus Georgina, York Region	69	+13 +23.2% up 13, 23.2% versus April 2018	$36.8M	$532,845	−$62,368 −10.5% down $62,368, 10.5% versus April 2018	$512,000	232	335	97%	31	—	29.7%	4.9