Source: TRREB MarketWatch, October 2018

9 areas

York Region

October 2018

Headline indicators

All home types

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

$917,007

MoM +$13,303 +1.5% YoY −4.6%

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

$823,250

MoM −$6,750 −0.8% YoY −3.1%

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.

1,164

MoM +181 +18.4% YoY +8.6%

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

$1.07B

MoM +$179,055,697 +20.2% YoY +3.6%

New listings — Properties newly listed during the month.

2,960

MoM −533 −15.3% YoY −7.5%

Active listings — Listings available at month end.

5,057

MoM −299 −5.6% YoY +7.9%

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 +18.5%

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 −1.0%

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

39.3%

MoM +11.2 pp +39.7% YoY +17.3%

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 −20.3% YoY −0.6%

Trend

13 months to October 2018

Average price

York Region average selling price over the 13 months ending October 2018.
Month	Average price
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
Oct '18	917007

Sales

York Region sales over the 13 months ending October 2018.
Month	Sales
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
Oct '18	1164

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,164	+181 +18.4% up 181, 18.4% versus September 2018	$917,007	+$13,303 +1.5% up $13,303, 1.5% versus September 2018	$823,250	39.3%	4.3
Detached	625	+79 +14.5% up 79, 14.5% versus September 2018	$1,128,899	+$27,221 +2.5% up $27,221, 2.5% versus September 2018	$1,030,000	33.5%	5.6
Semi-detached	99	+33 +50.0% up 33, 50.0% versus September 2018	$738,281	−$40,163 −5.2% down $40,163, 5.2% versus September 2018	$740,000	50.8%	2.3
Att/row/townhouse	191	+42 +28.2% up 42, 28.2% versus September 2018	$770,854	+$14,143 +1.9% up $14,143, 1.9% versus September 2018	$752,000	50.8%	2.6
Condo townhouse	42	−6 −12.5% down 6, 12.5% versus September 2018	$619,917	+$29,372 +5.0% up $29,372, 5.0% versus September 2018	$600,000	37.8%	4.9
Condo apartment	180	+32 +21.6% up 32, 21.6% versus September 2018	$510,011	+$24,397 +5.0% up $24,397, 5.0% versus September 2018	$460,000	52.6%	3.1
Link	27	+1 +3.8% up 1, 3.8% versus September 2018	$876,778	+$12,132 +1.4% up $12,132, 1.4% versus September 2018	$845,000	37.5%	3.0
Co-op apartment	0	no change no change versus September 2018	—	n/a not available, prior month not on file versus September 2018	—	—	—
Detached condo	0	no change no change versus September 2018	—	n/a not available, prior month not on file versus September 2018	—	0.0%	—
Co-ownership apartment	0	no change no change versus September 2018	—	n/a not available, prior month not on file versus September 2018	—	—	—

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Aurora +12.9% up 12.9%
Georgina +9.9% up 9.9%
East Gwillimbury +6.9% up 6.9%
Markham +3.2% up 3.2%
Vaughan +1.9% up 1.9%

Bottom 5

King −16.4% down 16.4%
Newmarket −3.0% down 3.0%
Whitchurch-Stouffville −1.8% down 1.8%
Richmond Hill −1.1% down 1.1%
Vaughan +1.9% up 1.9%

Sales, month-over-month

Top 5

Aurora +38.6% up 38.6%
East Gwillimbury +36.1% up 36.1%
King +31.8% up 31.8%
Newmarket +26.6% up 26.6%
Vaughan +20.5% up 20.5%

Bottom 5

Whitchurch-Stouffville +8.8% up 8.8%
Georgina +8.8% up 8.8%
Richmond Hill +11.6% up 11.6%
Markham +14.6% up 14.6%
Vaughan +20.5% up 20.5%

York Region

King focus

King, York Region

$1,237,730

−$243,406 −16.4% down $243,406, 16.4% versus September 2018

Sales: 29
SP/LP: 94%
DOM: 35
SNLR: 29.3%

Full history →

Vaughan focus

Vaughan, York Region

$1,013,325

+$18,628 +1.9% up $18,628, 1.9% versus September 2018

Sales: 276
SP/LP: 97%
DOM: 29
SNLR: 38.2%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$993,656

−$11,139 −1.1% down $11,139, 1.1% versus September 2018

Sales: 193
SP/LP: 96%
DOM: 36
SNLR: 34.9%

Full history →

Markham focus

Markham, York Region

$926,190

+$28,720 +3.2% up $28,720, 3.2% versus September 2018

Sales: 283
SP/LP: 97%
DOM: 30
SNLR: 41.1%

Full history →

Aurora focus

Aurora, York Region

$916,748

+$104,636 +12.9% up $104,636, 12.9% versus September 2018

Sales: 79
SP/LP: 95%
DOM: 35
SNLR: 36.4%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$872,492

−$15,680 −1.8% down $15,680, 1.8% versus September 2018

Sales: 62
SP/LP: 96%
DOM: 41
SNLR: 49.6%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$801,326

+$51,773 +6.9% up $51,773, 6.9% versus September 2018

Sales: 49
SP/LP: 97%
DOM: 39
SNLR: 45.0%

Full history →

Newmarket focus

Newmarket, York Region

$751,325

−$23,431 −3.0% down $23,431, 3.0% versus September 2018

Sales: 119
SP/LP: 97%
DOM: 26
SNLR: 41.6%

Full history →

Georgina focus

Georgina, York Region

$577,666

+$52,098 +9.9% up $52,098, 9.9% versus September 2018

Sales: 74
SP/LP: 96%
DOM: 36
SNLR: 46.0%

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	+7 +31.8% up 7, 31.8% versus September 2018	$35.9M	$1,237,730	−$243,406 −16.4% down $243,406, 16.4% versus September 2018	$1,240,000	99	243	94%	35	—	29.3%	8.4
Vaughan focus Vaughan, York Region	276	+47 +20.5% up 47, 20.5% versus September 2018	$279.7M	$1,013,325	+$18,628 +1.9% up $18,628, 1.9% versus September 2018	$900,000	722	1,129	97%	29	—	38.2%	4.1
Richmond Hill focus Richmond Hill, York Region	193	+20 +11.6% up 20, 11.6% versus September 2018	$191.8M	$993,656	−$11,139 −1.1% down $11,139, 1.1% versus September 2018	$895,000	553	1,008	96%	36	—	34.9%	5.2
Markham focus Markham, York Region	283	+36 +14.6% up 36, 14.6% versus September 2018	$262.1M	$926,190	+$28,720 +3.2% up $28,720, 3.2% versus September 2018	$846,000	688	1,070	97%	30	—	41.1%	3.8
Aurora focus Aurora, York Region	79	+22 +38.6% up 22, 38.6% versus September 2018	$72.4M	$916,748	+$104,636 +12.9% up $104,636, 12.9% versus September 2018	$810,000	217	365	95%	35	—	36.4%	4.6
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	62	+5 +8.8% up 5, 8.8% versus September 2018	$54.1M	$872,492	−$15,680 −1.8% down $15,680, 1.8% versus September 2018	$802,500	125	289	96%	41	—	49.6%	4.7
East Gwillimbury focus East Gwillimbury, York Region	49	+13 +36.1% up 13, 36.1% versus September 2018	$39.3M	$801,326	+$51,773 +6.9% up $51,773, 6.9% versus September 2018	$780,000	109	248	97%	39	—	45.0%	5.1
Newmarket focus Newmarket, York Region	119	+25 +26.6% up 25, 26.6% versus September 2018	$89.4M	$751,325	−$23,431 −3.0% down $23,431, 3.0% versus September 2018	$712,000	286	429	97%	26	—	41.6%	3.6
Georgina focus Georgina, York Region	74	+6 +8.8% up 6, 8.8% versus September 2018	$42.7M	$577,666	+$52,098 +9.9% up $52,098, 9.9% versus September 2018	$533,500	161	276	96%	36	—	46.0%	3.7