Source: TRREB MarketWatch, July 2018

9 areas

York Region

July 2018

Headline indicators

All home types

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

$924,005

MoM −$4,071 −0.4% YoY −2.9%

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

$825,000

MoM −$2,750 −0.3% YoY −2.4%

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.

1,083

MoM −177 −14.0% YoY +34.7%

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

$1.00B

MoM −$168,678,163 −14.4% YoY +30.8%

New listings — Properties newly listed during the month.

2,937

MoM −316 −9.7% YoY +10.4%

Active listings — Listings available at month end.

5,254

MoM −314 −5.6% YoY +25.8%

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

MoM +3 days +10.7% YoY +40.9%

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 −2.0%

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

36.9%

MoM −1.9 pp −4.8% YoY +22.0%

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.

4.8

MoM +0 +9.8% YoY −6.6%

Trend

13 months to July 2018

Average price

York Region average selling price over the 13 months ending July 2018.
Month	Average price
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
Jul '18	924005

Sales

York Region sales over the 13 months ending July 2018.
Month	Sales
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
Jul '18	1083

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,083	−177 −14.0% down 177, 14.0% versus June 2018	$924,005	−$4,071 −0.4% down $4,071, 0.4% versus June 2018	$825,000	36.9%	4.8
Detached	580	−92 −13.7% down 92, 13.7% versus June 2018	$1,147,969	−$4,580 −0.4% down $4,580, 0.4% versus June 2018	$1,030,000	32.0%	6.1
Semi-detached	79	−36 −31.3% down 36, 31.3% versus June 2018	$767,371	+$6,961 +0.9% up $6,961, 0.9% versus June 2018	$770,000	51.3%	2.9
Att/row/townhouse	175	−13 −6.9% down 13, 6.9% versus June 2018	$758,726	−$13,966 −1.8% down $13,966, 1.8% versus June 2018	$755,000	44.9%	3.2
Condo townhouse	58	no change no change versus June 2018	$612,172	−$16,507 −2.6% down $16,507, 2.6% versus June 2018	$607,500	43.3%	4.0
Condo apartment	159	−26 −14.1% down 26, 14.1% versus June 2018	$494,438	−$1,095 −0.2% down $1,095, 0.2% versus June 2018	$450,000	40.0%	3.8
Link	32	−8 −20.0% down 8, 20.0% versus June 2018	$854,819	+$24,559 +3.0% up $24,559, 3.0% versus June 2018	$859,500	65.3%	2.7
Co-op apartment	0	−2 −100.0% down 2, 100.0% versus June 2018	—	n/a not available, prior month not on file versus June 2018	—	—	—
Detached condo	0	no change no change versus June 2018	—	n/a not available, prior month not on file versus June 2018	—	—	—
Co-ownership apartment	0	no change no change versus June 2018	—	n/a not available, prior month not on file versus June 2018	—	—	—

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Vaughan +7.2% up 7.2%
Georgina +4.0% up 4.0%
East Gwillimbury +3.7% up 3.7%
Richmond Hill +2.6% up 2.6%
Newmarket −0.2% down 0.2%

Bottom 5

King −14.4% down 14.4%
Whitchurch-Stouffville −9.8% down 9.8%
Markham −6.3% down 6.3%
Aurora −6.0% down 6.0%
Newmarket −0.2% down 0.2%

Sales, month-over-month

Top 5

Richmond Hill −6.7% down 6.7%
Markham −11.8% down 11.8%
Newmarket −12.1% down 12.1%
King −14.7% down 14.7%
Vaughan −15.6% down 15.6%

Bottom 5

Whitchurch-Stouffville −25.8% down 25.8%
Georgina −21.1% down 21.1%
East Gwillimbury −20.0% down 20.0%
Aurora −18.1% down 18.1%
Vaughan −15.6% down 15.6%

York Region

King focus

King, York Region

$1,200,431

−$202,731 −14.4% down $202,731, 14.4% versus June 2018

Sales: 29
SP/LP: 94%
DOM: 41
SNLR: 32.6%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,061,136

+$27,382 +2.6% up $27,382, 2.6% versus June 2018

Sales: 180
SP/LP: 96%
DOM: 33
SNLR: 33.3%

Full history →

Vaughan focus

Vaughan, York Region

$1,008,193

+$67,327 +7.2% up $67,327, 7.2% versus June 2018

Sales: 244
SP/LP: 96%
DOM: 30
SNLR: 35.3%

Full history →

Markham focus

Markham, York Region

$913,007

−$61,619 −6.3% down $61,619, 6.3% versus June 2018

Sales: 291
SP/LP: 97%
DOM: 28
SNLR: 43.6%

Full history →

Aurora focus

Aurora, York Region

$846,176

−$53,815 −6.0% down $53,815, 6.0% versus June 2018

Sales: 77
SP/LP: 96%
DOM: 31
SNLR: 39.1%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$828,298

+$29,371 +3.7% up $29,371, 3.7% versus June 2018

Sales: 44
SP/LP: 96%
DOM: 33
SNLR: 29.9%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$803,028

−$87,055 −9.8% down $87,055, 9.8% versus June 2018

Sales: 46
SP/LP: 96%
DOM: 31
SNLR: 30.1%

Full history →

Newmarket focus

Newmarket, York Region

$775,436

−$1,677 −0.2% down $1,677, 0.2% versus June 2018

Sales: 116
SP/LP: 97%
DOM: 35
SNLR: 43.3%

Full history →

Georgina focus

Georgina, York Region

$619,742

+$23,796 +4.0% up $23,796, 4.0% versus June 2018

Sales: 56
SP/LP: 96%
DOM: 30
SNLR: 30.4%

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	29	−5 −14.7% down 5, 14.7% versus June 2018	$34.8M	$1,200,431	−$202,731 −14.4% down $202,731, 14.4% versus June 2018	$1,000,000	89	247	94%	41	—	32.6%	8.5
Richmond Hill focus Richmond Hill, York Region	180	−13 −6.7% down 13, 6.7% versus June 2018	$191.0M	$1,061,136	+$27,382 +2.6% up $27,382, 2.6% versus June 2018	$931,500	540	1,012	96%	33	—	33.3%	5.6
Vaughan focus Vaughan, York Region	244	−45 −15.6% down 45, 15.6% versus June 2018	$246.0M	$1,008,193	+$67,327 +7.2% up $67,327, 7.2% versus June 2018	$862,500	692	1,134	96%	30	—	35.3%	4.7
Markham focus Markham, York Region	291	−39 −11.8% down 39, 11.8% versus June 2018	$265.7M	$913,007	−$61,619 −6.3% down $61,619, 6.3% versus June 2018	$830,000	667	1,124	97%	28	—	43.6%	3.9
Aurora focus Aurora, York Region	77	−17 −18.1% down 17, 18.1% versus June 2018	$65.2M	$846,176	−$53,815 −6.0% down $53,815, 6.0% versus June 2018	$800,000	197	374	96%	31	—	39.1%	4.9
East Gwillimbury focus East Gwillimbury, York Region	44	−11 −20.0% down 11, 20.0% versus June 2018	$36.4M	$828,298	+$29,371 +3.7% up $29,371, 3.7% versus June 2018	$721,000	147	274	96%	33	—	29.9%	6.2
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	46	−16 −25.8% down 16, 25.8% versus June 2018	$36.9M	$803,028	−$87,055 −9.8% down $87,055, 9.8% versus June 2018	$750,000	153	304	96%	31	—	30.1%	6.6
Newmarket focus Newmarket, York Region	116	−16 −12.1% down 16, 12.1% versus June 2018	$90.0M	$775,436	−$1,677 −0.2% down $1,677, 0.2% versus June 2018	$718,900	268	447	97%	35	—	43.3%	3.9
Georgina focus Georgina, York Region	56	−15 −21.1% down 15, 21.1% versus June 2018	$34.7M	$619,742	+$23,796 +4.0% up $23,796, 4.0% versus June 2018	$520,000	184	338	96%	30	—	30.4%	6.0