Source: TRREB MarketWatch, November 2018

9 areas

York Region

November 2018

Headline indicators

All home types

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

$887,030

MoM −$29,977 −3.3% YoY −3.8%

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

$805,000

MoM −$18,250 −2.2% YoY −1.8%

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.

999

MoM −165 −14.2% YoY −2.7%

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

$886.1M

MoM −$181,253,252 −17.0% YoY −6.4%

New listings — Properties newly listed during the month.

2,156

MoM −804 −27.2% YoY −29.8%

Active listings — Listings available at month end.

4,398

MoM −659 −13.0% YoY −7.5%

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

MoM +2 days +6.3% YoY +21.4%

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.

46.3%

MoM +7.0 pp +17.8% YoY +38.5%

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 +1.3% YoY −4.9%

Trend

13 months to November 2018

Average price

York Region average selling price over the 13 months ending November 2018.
Month	Average price
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
Nov '18	887030

Sales

York Region sales over the 13 months ending November 2018.
Month	Sales
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
Nov '18	999

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	999	−165 −14.2% down 165, 14.2% versus October 2018	$887,030	−$29,977 −3.3% down $29,977, 3.3% versus October 2018	$805,000	46.3%	4.4
Detached	507	−118 −18.9% down 118, 18.9% versus October 2018	$1,104,051	−$24,848 −2.2% down $24,848, 2.2% versus October 2018	$1,009,000	37.3%	6.1
Semi-detached	97	−2 −2.0% down 2, 2.0% versus October 2018	$742,405	+$4,124 +0.6% up $4,124, 0.6% versus October 2018	$744,500	86.6%	1.8
Att/row/townhouse	150	−41 −21.5% down 41, 21.5% versus October 2018	$771,179	+$325 +0.0% up $325, 0.0% versus October 2018	$765,500	49.8%	2.9
Condo townhouse	47	+5 +11.9% up 5, 11.9% versus October 2018	$625,040	+$5,123 +0.8% up $5,123, 0.8% versus October 2018	$624,500	65.3%	3.2
Condo apartment	171	−9 −5.0% down 9, 5.0% versus October 2018	$501,417	−$8,594 −1.7% down $8,594, 1.7% versus October 2018	$473,000	61.1%	2.9
Link	27	no change no change versus October 2018	$873,335	−$3,443 −0.4% down $3,443, 0.4% versus October 2018	$885,000	93.1%	2.0
Co-op apartment	0	no change no change versus October 2018	—	n/a not available, prior month not on file versus October 2018	—	—	—
Detached condo	0	no change no change versus October 2018	—	n/a not available, prior month not on file versus October 2018	—	0.0%	—
Co-ownership apartment	0	no change no change versus October 2018	—	n/a not available, prior month not on file versus October 2018	—	—	—

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Whitchurch-Stouffville +21.2% up 21.2%
King +10.6% up 10.6%
East Gwillimbury +2.1% up 2.1%
Richmond Hill +0.2% up 0.2%
Georgina −0.1% down 0.1%

Bottom 5

Vaughan −11.4% down 11.4%
Newmarket −7.2% down 7.2%
Markham −6.2% down 6.2%
Aurora −5.8% down 5.8%
Georgina −0.1% down 0.1%

Sales, month-over-month

Top 5

King +6.9% up 6.9%
Aurora −1.3% down 1.3%
Vaughan −5.1% down 5.1%
Markham −10.6% down 10.6%
Richmond Hill −15.5% down 15.5%

Bottom 5

Whitchurch-Stouffville −38.7% down 38.7%
East Gwillimbury −30.6% down 30.6%
Newmarket −27.7% down 27.7%
Georgina −27.0% down 27.0%
Richmond Hill −15.5% down 15.5%

York Region

King focus

King, York Region

$1,368,929

+$131,199 +10.6% up $131,199, 10.6% versus October 2018

Sales: 31
SP/LP: 96%
DOM: 40
SNLR: 34.1%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,057,337

+$184,845 +21.2% up $184,845, 21.2% versus October 2018

Sales: 38
SP/LP: 95%
DOM: 48
SNLR: 45.2%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$995,613

+$1,957 +0.2% up $1,957, 0.2% versus October 2018

Sales: 163
SP/LP: 96%
DOM: 34
SNLR: 40.0%

Full history →

Vaughan focus

Vaughan, York Region

$897,584

−$115,741 −11.4% down $115,741, 11.4% versus October 2018

Sales: 262
SP/LP: 97%
DOM: 29
SNLR: 44.6%

Full history →

Markham focus

Markham, York Region

$868,519

−$57,671 −6.2% down $57,671, 6.2% versus October 2018

Sales: 253
SP/LP: 97%
DOM: 33
SNLR: 58.0%

Full history →

Aurora focus

Aurora, York Region

$863,714

−$53,034 −5.8% down $53,034, 5.8% versus October 2018

Sales: 78
SP/LP: 98%
DOM: 32
SNLR: 48.1%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$818,129

+$16,803 +2.1% up $16,803, 2.1% versus October 2018

Sales: 34
SP/LP: 96%
DOM: 49
SNLR: 36.6%

Full history →

Newmarket focus

Newmarket, York Region

$697,452

−$53,873 −7.2% down $53,873, 7.2% versus October 2018

Sales: 86
SP/LP: 97%
DOM: 30
SNLR: 44.8%

Full history →

Georgina focus

Georgina, York Region

$577,291

−$375 −0.1% down $375, 0.1% versus October 2018

Sales: 54
SP/LP: 96%
DOM: 41
SNLR: 52.9%

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	31	+2 +6.9% up 2, 6.9% versus October 2018	$42.4M	$1,368,929	+$131,199 +10.6% up $131,199, 10.6% versus October 2018	$1,290,000	91	229	96%	40	—	34.1%	7.4
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	38	−24 −38.7% down 24, 38.7% versus October 2018	$40.2M	$1,057,337	+$184,845 +21.2% up $184,845, 21.2% versus October 2018	$884,250	84	245	95%	48	—	45.2%	6.5
Richmond Hill focus Richmond Hill, York Region	163	−30 −15.5% down 30, 15.5% versus October 2018	$162.3M	$995,613	+$1,957 +0.2% up $1,957, 0.2% versus October 2018	$887,000	408	873	96%	34	—	40.0%	5.4
Vaughan focus Vaughan, York Region	262	−14 −5.1% down 14, 5.1% versus October 2018	$235.2M	$897,584	−$115,741 −11.4% down $115,741, 11.4% versus October 2018	$840,750	588	1,019	97%	29	—	44.6%	3.9
Markham focus Markham, York Region	253	−30 −10.6% down 30, 10.6% versus October 2018	$219.7M	$868,519	−$57,671 −6.2% down $57,671, 6.2% versus October 2018	$820,000	436	914	97%	33	—	58.0%	3.6
Aurora focus Aurora, York Region	78	−1 −1.3% down 1, 1.3% versus October 2018	$67.4M	$863,714	−$53,034 −5.8% down $53,034, 5.8% versus October 2018	$786,250	162	301	98%	32	—	48.1%	3.9
East Gwillimbury focus East Gwillimbury, York Region	34	−15 −30.6% down 15, 30.6% versus October 2018	$27.8M	$818,129	+$16,803 +2.1% up $16,803, 2.1% versus October 2018	$737,500	93	213	96%	49	—	36.6%	6.3
Newmarket focus Newmarket, York Region	86	−33 −27.7% down 33, 27.7% versus October 2018	$60.0M	$697,452	−$53,873 −7.2% down $53,873, 7.2% versus October 2018	$661,750	192	372	97%	30	—	44.8%	4.3
Georgina focus Georgina, York Region	54	−20 −27.0% down 20, 27.0% versus October 2018	$31.2M	$577,291	−$375 −0.1% down $375, 0.1% versus October 2018	$540,000	102	232	96%	41	—	52.9%	4.3