Source: TRREB MarketWatch, September 2018

9 areas

York Region

September 2018

Headline indicators

All home types

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

$903,704

MoM −$19,448 −2.1% YoY −8.8%

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

$830,000

MoM −$5,000 −0.6% YoY −3.7%

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.

983

MoM −128 −11.5% YoY +4.1%

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

$888.3M

MoM −$137,281,101 −13.4% YoY −5.1%

New listings — Properties newly listed during the month.

3,493

MoM +906 +35.0% YoY −0.3%

Active listings — Listings available at month end.

5,356

MoM +584 +12.2% YoY +18.1%

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

MoM −2 days −5.9% YoY +14.3%

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

97%

MoM no change YoY no change

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

28.1%

MoM −14.8 pp −34.5% YoY +4.4%

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.

5.5

MoM +1 +26.9% YoY +13.4%

Trend

13 months to September 2018

Average price

York Region average selling price over the 13 months ending September 2018.
Month	Average price
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
Sep '18	903704

Sales

York Region sales over the 13 months ending September 2018.
Month	Sales
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
Sep '18	983

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	983	−128 −11.5% down 128, 11.5% versus August 2018	$903,704	−$19,448 −2.1% down $19,448, 2.1% versus August 2018	$830,000	28.1%	5.5
Detached	546	−56 −9.3% down 56, 9.3% versus August 2018	$1,101,678	−$46,825 −4.1% down $46,825, 4.1% versus August 2018	$1,028,000	24.3%	6.6
Semi-detached	66	−13 −16.5% down 13, 16.5% versus August 2018	$778,444	+$4,713 +0.6% up $4,713, 0.6% versus August 2018	$780,000	32.2%	3.6
Att/row/townhouse	149	−18 −10.8% down 18, 10.8% versus August 2018	$756,711	−$3,620 −0.5% down $3,620, 0.5% versus August 2018	$747,000	33.0%	4.0
Condo townhouse	48	−4 −7.7% down 4, 7.7% versus August 2018	$590,545	−$79,773 −11.9% down $79,773, 11.9% versus August 2018	$582,000	33.8%	4.6
Condo apartment	148	−39 −20.9% down 39, 20.9% versus August 2018	$485,614	+$2,901 +0.6% up $2,901, 0.6% versus August 2018	$449,500	39.1%	4.0
Link	26	+2 +8.3% up 2, 8.3% versus August 2018	$864,646	−$10,339 −1.2% down $10,339, 1.2% versus August 2018	$866,250	40.0%	3.3
Co-op apartment	0	no change no change versus August 2018	—	n/a not available, prior month not on file versus August 2018	—	—	—
Detached condo	0	no change no change versus August 2018	—	n/a not available, prior month not on file versus August 2018	—	—	—
Co-ownership apartment	0	no change no change versus August 2018	—	n/a not available, prior month not on file versus August 2018	—	—	—

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Newmarket +2.6% up 2.6%
Markham +2.5% up 2.5%
Richmond Hill +0.5% up 0.5%
Vaughan −0.3% down 0.3%
Georgina −2.6% down 2.6%

Bottom 5

Aurora −13.5% down 13.5%
King −10.8% down 10.8%
East Gwillimbury −4.9% down 4.9%
Whitchurch-Stouffville −4.2% down 4.2%
Georgina −2.6% down 2.6%

Sales, month-over-month

Top 5

Georgina +25.9% up 25.9%
Newmarket +1.1% up 1.1%
Vaughan −3.0% down 3.0%
Whitchurch-Stouffville −8.1% down 8.1%
East Gwillimbury −10.0% down 10.0%

Bottom 5

Aurora −30.5% down 30.5%
Richmond Hill −22.1% down 22.1%
King −18.5% down 18.5%
Markham −16.3% down 16.3%
East Gwillimbury −10.0% down 10.0%

York Region

King focus

King, York Region

$1,481,136

−$179,627 −10.8% down $179,627, 10.8% versus August 2018

Sales: 22
SP/LP: 95%
DOM: 50
SNLR: 15.6%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,004,795

+$5,484 +0.5% up $5,484, 0.5% versus August 2018

Sales: 173
SP/LP: 97%
DOM: 31
SNLR: 25.4%

Full history →

Vaughan focus

Vaughan, York Region

$994,697

−$2,890 −0.3% down $2,890, 0.3% versus August 2018

Sales: 229
SP/LP: 97%
DOM: 28
SNLR: 27.0%

Full history →

Markham focus

Markham, York Region

$897,470

+$22,288 +2.5% up $22,288, 2.5% versus August 2018

Sales: 247
SP/LP: 98%
DOM: 29
SNLR: 32.6%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$888,172

−$39,196 −4.2% down $39,196, 4.2% versus August 2018

Sales: 57
SP/LP: 97%
DOM: 38
SNLR: 33.9%

Full history →

Aurora focus

Aurora, York Region

$812,112

−$126,344 −13.5% down $126,344, 13.5% versus August 2018

Sales: 57
SP/LP: 97%
DOM: 28
SNLR: 21.6%

Full history →

Newmarket focus

Newmarket, York Region

$774,756

+$19,488 +2.6% up $19,488, 2.6% versus August 2018

Sales: 94
SP/LP: 96%
DOM: 36
SNLR: 31.0%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$749,553

−$38,220 −4.9% down $38,220, 4.9% versus August 2018

Sales: 36
SP/LP: 96%
DOM: 47
SNLR: 24.3%

Full history →

Georgina focus

Georgina, York Region

$525,568

−$13,771 −2.6% down $13,771, 2.6% versus August 2018

Sales: 68
SP/LP: 96%
DOM: 42
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	22	−5 −18.5% down 5, 18.5% versus August 2018	$32.6M	$1,481,136	−$179,627 −10.8% down $179,627, 10.8% versus August 2018	$1,417,500	141	262	95%	50	—	15.6%	11.9
Richmond Hill focus Richmond Hill, York Region	173	−49 −22.1% down 49, 22.1% versus August 2018	$173.8M	$1,004,795	+$5,484 +0.5% up $5,484, 0.5% versus August 2018	$885,000	681	1,054	97%	31	—	25.4%	6.1
Vaughan focus Vaughan, York Region	229	−7 −3.0% down 7, 3.0% versus August 2018	$227.8M	$994,697	−$2,890 −0.3% down $2,890, 0.3% versus August 2018	$910,000	848	1,174	97%	28	—	27.0%	5.1
Markham focus Markham, York Region	247	−48 −16.3% down 48, 16.3% versus August 2018	$221.7M	$897,470	+$22,288 +2.5% up $22,288, 2.5% versus August 2018	$852,500	757	1,114	98%	29	—	32.6%	4.5
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	57	−5 −8.1% down 5, 8.1% versus August 2018	$50.6M	$888,172	−$39,196 −4.2% down $39,196, 4.2% versus August 2018	$820,000	168	319	97%	38	—	33.9%	5.6
Aurora focus Aurora, York Region	57	−25 −30.5% down 25, 30.5% versus August 2018	$46.3M	$812,112	−$126,344 −13.5% down $126,344, 13.5% versus August 2018	$810,000	264	387	97%	28	—	21.6%	6.8
Newmarket focus Newmarket, York Region	94	+1 +1.1% up 1, 1.1% versus August 2018	$72.8M	$774,756	+$19,488 +2.6% up $19,488, 2.6% versus August 2018	$736,150	303	451	96%	36	—	31.0%	4.8
East Gwillimbury focus East Gwillimbury, York Region	36	−4 −10.0% down 4, 10.0% versus August 2018	$27.0M	$749,553	−$38,220 −4.9% down $38,220, 4.9% versus August 2018	$679,250	148	280	96%	47	—	24.3%	7.8
Georgina focus Georgina, York Region	68	+14 +25.9% up 14, 25.9% versus August 2018	$35.7M	$525,568	−$13,771 −2.6% down $13,771, 2.6% versus August 2018	$467,500	183	315	96%	42	—	37.2%	4.6