Source: TRREB MarketWatch, August 2018

9 areas

York Region

August 2018

Headline indicators

All home types

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

$923,152

MoM −$853 −0.1% YoY −1.5%

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

$835,000

MoM +$10,000 +1.2% YoY −0.4%

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.

1,111

MoM +28 +2.6% YoY +19.5%

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

$1.03B

MoM +$24,924,775 +2.5% YoY +17.7%

New listings — Properties newly listed during the month.

2,587

MoM −350 −11.9% YoY +16.6%

Active listings — Listings available at month end.

4,772

MoM −482 −9.2% YoY +26.7%

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

MoM +3 days +9.7% YoY +17.2%

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

97%

MoM +1.0 pp +1.0% YoY no change

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

43.0%

MoM +6.1 pp +16.5% YoY +2.5%

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.

4.3

MoM −1 −11.5% YoY +6.1%

Trend

13 months to August 2018

Average price

York Region average selling price over the 13 months ending August 2018.
Month	Average price
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
Aug '18	923152

Sales

York Region sales over the 13 months ending August 2018.
Month	Sales
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
Aug '18	1111

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,111	+28 +2.6% up 28, 2.6% versus July 2018	$923,152	−$853 −0.1% down $853, 0.1% versus July 2018	$835,000	43.0%	4.3
Detached	602	+22 +3.8% up 22, 3.8% versus July 2018	$1,148,503	+$534 +0.0% up $534, 0.0% versus July 2018	$1,085,000	38.0%	5.3
Semi-detached	79	no change no change versus July 2018	$773,731	+$6,360 +0.8% up $6,360, 0.8% versus July 2018	$778,000	56.4%	2.5
Att/row/townhouse	167	−8 −4.6% down 8, 4.6% versus July 2018	$760,331	+$1,605 +0.2% up $1,605, 0.2% versus July 2018	$740,000	47.7%	3.1
Condo townhouse	52	−6 −10.3% down 6, 10.3% versus July 2018	$670,318	+$58,146 +9.5% up $58,146, 9.5% versus July 2018	$614,000	50.0%	3.9
Condo apartment	187	+28 +17.6% up 28, 17.6% versus July 2018	$482,713	−$11,725 −2.4% down $11,725, 2.4% versus July 2018	$455,000	52.4%	3.0
Link	24	−8 −25.0% down 8, 25.0% versus July 2018	$874,985	+$20,166 +2.4% up $20,166, 2.4% versus July 2018	$879,000	47.1%	3.2
Co-op apartment	0	no change no change versus July 2018	—	n/a not available, prior month not on file versus July 2018	—	—	—
Detached condo	0	no change no change versus July 2018	—	n/a not available, prior month not on file versus July 2018	—	0.0%	—
Co-ownership apartment	0	no change no change versus July 2018	—	n/a not available, prior month not on file versus July 2018	—	—	—

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

King +38.3% up 38.3%
Whitchurch-Stouffville +15.5% up 15.5%
Aurora +10.9% up 10.9%
Vaughan −1.1% down 1.1%
Newmarket −2.6% down 2.6%

Bottom 5

Georgina −13.0% down 13.0%
Richmond Hill −5.8% down 5.8%
East Gwillimbury −4.9% down 4.9%
Markham −4.1% down 4.1%
Newmarket −2.6% down 2.6%

Sales, month-over-month

Top 5

Whitchurch-Stouffville +34.8% up 34.8%
Richmond Hill +23.3% up 23.3%
Aurora +6.5% up 6.5%
Markham +1.4% up 1.4%
Vaughan −3.3% down 3.3%

Bottom 5

Newmarket −19.8% down 19.8%
East Gwillimbury −9.1% down 9.1%
King −6.9% down 6.9%
Georgina −3.6% down 3.6%
Vaughan −3.3% down 3.3%

York Region

King focus

King, York Region

$1,660,763

+$460,332 +38.3% up $460,332, 38.3% versus July 2018

Sales: 27
SP/LP: 92%
DOM: 59
SNLR: 34.2%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$999,311

−$61,825 −5.8% down $61,825, 5.8% versus July 2018

Sales: 222
SP/LP: 97%
DOM: 30
SNLR: 44.6%

Full history →

Vaughan focus

Vaughan, York Region

$997,587

−$10,606 −1.1% down $10,606, 1.1% versus July 2018

Sales: 236
SP/LP: 97%
DOM: 31
SNLR: 40.1%

Full history →

Aurora focus

Aurora, York Region

$938,456

+$92,280 +10.9% up $92,280, 10.9% versus July 2018

Sales: 82
SP/LP: 96%
DOM: 31
SNLR: 47.4%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$927,368

+$124,340 +15.5% up $124,340, 15.5% versus July 2018

Sales: 62
SP/LP: 96%
DOM: 41
SNLR: 43.4%

Full history →

Markham focus

Markham, York Region

$875,182

−$37,825 −4.1% down $37,825, 4.1% versus July 2018

Sales: 295
SP/LP: 97%
DOM: 30
SNLR: 47.0%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$787,773

−$40,525 −4.9% down $40,525, 4.9% versus July 2018

Sales: 40
SP/LP: 97%
DOM: 49
SNLR: 38.1%

Full history →

Newmarket focus

Newmarket, York Region

$755,268

−$20,168 −2.6% down $20,168, 2.6% versus July 2018

Sales: 93
SP/LP: 97%
DOM: 37
SNLR: 43.9%

Full history →

Georgina focus

Georgina, York Region

$539,339

−$80,403 −13.0% down $80,403, 13.0% versus July 2018

Sales: 54
SP/LP: 96%
DOM: 44
SNLR: 33.5%

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	27	−2 −6.9% down 2, 6.9% versus July 2018	$44.8M	$1,660,763	+$460,332 +38.3% up $460,332, 38.3% versus July 2018	$1,455,800	79	231	92%	59	—	34.2%	8.6
Richmond Hill focus Richmond Hill, York Region	222	+42 +23.3% up 42, 23.3% versus July 2018	$221.8M	$999,311	−$61,825 −5.8% down $61,825, 5.8% versus July 2018	$950,000	498	914	97%	30	—	44.6%	4.1
Vaughan focus Vaughan, York Region	236	−8 −3.3% down 8, 3.3% versus July 2018	$235.4M	$997,587	−$10,606 −1.1% down $10,606, 1.1% versus July 2018	$922,500	589	1,024	97%	31	—	40.1%	4.3
Aurora focus Aurora, York Region	82	+5 +6.5% up 5, 6.5% versus July 2018	$77.0M	$938,456	+$92,280 +10.9% up $92,280, 10.9% versus July 2018	$828,750	173	317	96%	31	—	47.4%	3.9
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	62	+16 +34.8% up 16, 34.8% versus July 2018	$57.5M	$927,368	+$124,340 +15.5% up $124,340, 15.5% versus July 2018	$814,000	143	295	96%	41	—	43.4%	4.8
Markham focus Markham, York Region	295	+4 +1.4% up 4, 1.4% versus July 2018	$258.2M	$875,182	−$37,825 −4.1% down $37,825, 4.1% versus July 2018	$830,000	627	994	97%	30	—	47.0%	3.4
East Gwillimbury focus East Gwillimbury, York Region	40	−4 −9.1% down 4, 9.1% versus July 2018	$31.5M	$787,773	−$40,525 −4.9% down $40,525, 4.9% versus July 2018	$742,500	105	261	97%	49	—	38.1%	6.5
Newmarket focus Newmarket, York Region	93	−23 −19.8% down 23, 19.8% versus July 2018	$70.2M	$755,268	−$20,168 −2.6% down $20,168, 2.6% versus July 2018	$694,000	212	404	97%	37	—	43.9%	4.3
Georgina focus Georgina, York Region	54	−2 −3.6% down 2, 3.6% versus July 2018	$29.1M	$539,339	−$80,403 −13.0% down $80,403, 13.0% versus July 2018	$526,500	161	332	96%	44	—	33.5%	6.2