Source: TRREB MarketWatch, June 2018

9 areas

York Region

June 2018

Headline indicators

All home types

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

$928,076

MoM −$5,797 −0.6% YoY −6.3%

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

$827,750

MoM −$22,250 −2.6% YoY −5.7%

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.

1,260

MoM +27 +2.2% YoY +15.1%

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

$1.17B

MoM +$17,910,113 +1.6% YoY +7.8%

New listings — Properties newly listed during the month.

3,253

MoM −884 −21.4% YoY −13.1%

Active listings — Listings available at month end.

5,568

MoM −136 −2.4% YoY +23.9%

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

MoM +2 days +7.7% YoY +64.7%

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

97%

MoM no change YoY −2.0%

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

38.7%

MoM +8.9 pp +30.0% YoY +32.5%

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.

4.4

MoM −0 −4.5% YoY +7.7%

Trend

13 months to June 2018

Average price

York Region average selling price over the 13 months ending June 2018.
Month	Average price
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
Jun '18	928076

Sales

York Region sales over the 13 months ending June 2018.
Month	Sales
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
Jun '18	1260

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,260	+27 +2.2% up 27, 2.2% versus May 2018	$928,076	−$5,797 −0.6% down $5,797, 0.6% versus May 2018	$827,750	38.7%	4.4
Detached	672	+5 +0.7% up 5, 0.7% versus May 2018	$1,152,549	+$1,261 +0.1% up $1,261, 0.1% versus May 2018	$1,045,500	33.5%	5.6
Semi-detached	115	+25 +27.8% up 25, 27.8% versus May 2018	$760,410	−$2,724 −0.4% down $2,724, 0.4% versus May 2018	$784,000	56.6%	2.2
Att/row/townhouse	188	+4 +2.2% up 4, 2.2% versus May 2018	$772,692	−$6,492 −0.8% down $6,492, 0.8% versus May 2018	$749,500	42.0%	3.3
Condo townhouse	58	+4 +7.4% up 4, 7.4% versus May 2018	$628,679	−$12,269 −1.9% down $12,269, 1.9% versus May 2018	$616,500	38.7%	4.2
Condo apartment	185	−5 −2.6% down 5, 2.6% versus May 2018	$495,533	−$1,551 −0.3% down $1,551, 0.3% versus May 2018	$455,000	50.1%	3.1
Link	40	−6 −13.0% down 6, 13.0% versus May 2018	$830,260	−$70,857 −7.9% down $70,857, 7.9% versus May 2018	$830,500	50.6%	2.3
Co-op apartment	2	no change no change versus May 2018	$401,000	−$97,000 −19.5% down $97,000, 19.5% versus May 2018	$401,000	—	0.0
Detached condo	0	no change no change versus May 2018	—	n/a not available, prior month not on file versus May 2018	—	—	—
Co-ownership apartment	0	no change no change versus May 2018	—	n/a not available, prior month not on file versus May 2018	—	—	—

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Georgina +11.8% up 11.8%
Newmarket +6.0% up 6.0%
Richmond Hill +5.7% up 5.7%
Markham +4.2% up 4.2%
Aurora −3.0% down 3.0%

Bottom 5

Vaughan −7.2% down 7.2%
Whitchurch-Stouffville −7.2% down 7.2%
East Gwillimbury −5.5% down 5.5%
King −3.5% down 3.5%
Aurora −3.0% down 3.0%

Sales, month-over-month

Top 5

Newmarket +25.7% up 25.7%
Whitchurch-Stouffville +6.9% up 6.9%
Markham +4.4% up 4.4%
Georgina +2.9% up 2.9%
Richmond Hill +2.7% up 2.7%

Bottom 5

King −8.1% down 8.1%
Vaughan −5.9% down 5.9%
Aurora −4.1% down 4.1%
East Gwillimbury no change no change
Richmond Hill +2.7% up 2.7%

York Region

King focus

King, York Region

$1,403,162

−$51,527 −3.5% down $51,527, 3.5% versus May 2018

Sales: 34
SP/LP: 95%
DOM: 32
SNLR: 28.6%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,033,754

+$55,755 +5.7% up $55,755, 5.7% versus May 2018

Sales: 193
SP/LP: 97%
DOM: 27
SNLR: 31.1%

Full history →

Markham focus

Markham, York Region

$974,626

+$39,358 +4.2% up $39,358, 4.2% versus May 2018

Sales: 330
SP/LP: 97%
DOM: 27
SNLR: 43.8%

Full history →

Vaughan focus

Vaughan, York Region

$940,866

−$73,479 −7.2% down $73,479, 7.2% versus May 2018

Sales: 289
SP/LP: 97%
DOM: 25
SNLR: 38.7%

Full history →

Aurora focus

Aurora, York Region

$899,991

−$28,219 −3.0% down $28,219, 3.0% versus May 2018

Sales: 94
SP/LP: 97%
DOM: 32
SNLR: 41.0%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$890,083

−$68,750 −7.2% down $68,750, 7.2% versus May 2018

Sales: 62
SP/LP: 97%
DOM: 32
SNLR: 35.4%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$798,927

−$46,382 −5.5% down $46,382, 5.5% versus May 2018

Sales: 55
SP/LP: 97%
DOM: 36
SNLR: 37.2%

Full history →

Newmarket focus

Newmarket, York Region

$777,113

+$43,835 +6.0% up $43,835, 6.0% versus May 2018

Sales: 132
SP/LP: 97%
DOM: 30
SNLR: 48.9%

Full history →

Georgina focus

Georgina, York Region

$595,946

+$63,101 +11.8% up $63,101, 11.8% versus May 2018

Sales: 71
SP/LP: 94%
DOM: 35
SNLR: 37.2%

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	34	−3 −8.1% down 3, 8.1% versus May 2018	$47.7M	$1,403,162	−$51,527 −3.5% down $51,527, 3.5% versus May 2018	$1,050,000	119	263	95%	32	—	28.6%	7.7
Richmond Hill focus Richmond Hill, York Region	193	+5 +2.7% up 5, 2.7% versus May 2018	$199.5M	$1,033,754	+$55,755 +5.7% up $55,755, 5.7% versus May 2018	$922,000	621	1,099	97%	27	—	31.1%	5.7
Markham focus Markham, York Region	330	+14 +4.4% up 14, 4.4% versus May 2018	$321.6M	$974,626	+$39,358 +4.2% up $39,358, 4.2% versus May 2018	$867,940	753	1,201	97%	27	—	43.8%	3.6
Vaughan focus Vaughan, York Region	289	−18 −5.9% down 18, 5.9% versus May 2018	$271.9M	$940,866	−$73,479 −7.2% down $73,479, 7.2% versus May 2018	$885,000	747	1,206	97%	25	—	38.7%	4.2
Aurora focus Aurora, York Region	94	−4 −4.1% down 4, 4.1% versus May 2018	$84.6M	$899,991	−$28,219 −3.0% down $28,219, 3.0% versus May 2018	$748,000	229	395	97%	32	—	41.0%	4.2
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	62	+4 +6.9% up 4, 6.9% versus May 2018	$55.2M	$890,083	−$68,750 −7.2% down $68,750, 7.2% versus May 2018	$748,000	175	308	97%	32	—	35.4%	5.0
East Gwillimbury focus East Gwillimbury, York Region	55	no change no change versus May 2018	$43.9M	$798,927	−$46,382 −5.5% down $46,382, 5.5% versus May 2018	$725,000	148	286	97%	36	—	37.2%	5.2
Newmarket focus Newmarket, York Region	132	+27 +25.7% up 27, 25.7% versus May 2018	$102.6M	$777,113	+$43,835 +6.0% up $43,835, 6.0% versus May 2018	$713,500	270	474	97%	30	—	48.9%	3.6
Georgina focus Georgina, York Region	71	+2 +2.9% up 2, 2.9% versus May 2018	$42.3M	$595,946	+$63,101 +11.8% up $63,101, 11.8% versus May 2018	$540,000	191	336	94%	35	—	37.2%	4.7