Source: TRREB MarketWatch, January 2019

9 areas

York Region

January 2019

Headline indicators

All home types

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

$871,341

MoM −$20,897 −2.3% YoY +0.1%

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

$795,000

MoM −$15,000 −1.9% YoY −1.7%

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.

589

MoM −1 −0.2% YoY −1.0%

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

$513.2M

MoM −$13,200,572 −2.5% YoY −0.9%

New listings — Properties newly listed during the month.

1,994

MoM +1,133 +131.6% YoY +0.1%

Active listings — Listings available at month end.

3,095

MoM +3 +0.1% YoY −3.2%

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

MoM +4 days +10.8% YoY +7.9%

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

96%

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.

29.5%

MoM −39.0 pp −56.9% YoY −1.1%

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.

5.3

MoM +0 +0.3% YoY −2.2%

Trend

13 months to January 2019

Average price

York Region average selling price over the 13 months ending January 2019.
Month	Average price
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
Dec '18	892238
Jan '19	871341

Sales

York Region sales over the 13 months ending January 2019.
Month	Sales
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
Dec '18	590
Jan '19	589

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	589	−1 −0.2% down 1, 0.2% versus December 2018	$871,341	−$20,897 −2.3% down $20,897, 2.3% versus December 2018	$795,000	29.5%	5.3
Detached	300	−21 −6.5% down 21, 6.5% versus December 2018	$1,101,252	−$12,712 −1.1% down $12,712, 1.1% versus December 2018	$978,750	23.9%	7.1
Semi-detached	31	−11 −26.2% down 11, 26.2% versus December 2018	$759,789	+$5,939 +0.8% up $5,939, 0.8% versus December 2018	$775,000	30.1%	3.9
Att/row/townhouse	83	+5 +6.4% up 5, 6.4% versus December 2018	$768,115	+$22,597 +3.0% up $22,597, 3.0% versus December 2018	$778,000	33.6%	4.0
Condo townhouse	42	+10 +31.3% up 10, 31.3% versus December 2018	$577,390	+$23,743 +4.3% up $23,743, 4.3% versus December 2018	$561,000	57.5%	2.3
Condo apartment	124	+22 +21.6% up 22, 21.6% versus December 2018	$511,725	+$39,771 +8.4% up $39,771, 8.4% versus December 2018	$464,000	42.3%	3.1
Link	9	−6 −40.0% down 6, 40.0% versus December 2018	$870,311	−$7,669 −0.9% down $7,669, 0.9% versus December 2018	$840,000	45.0%	3.8
Co-op apartment	0	no change no change versus December 2018	—	n/a not available, prior month not on file versus December 2018	—	—	—
Detached condo	0	no change no change versus December 2018	—	n/a not available, prior month not on file versus December 2018	—	—	—
Co-ownership apartment	0	no change no change versus December 2018	—	n/a not available, prior month not on file versus December 2018	—	—	—

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Whitchurch-Stouffville +16.1% up 16.1%
East Gwillimbury +8.5% up 8.5%
Newmarket +8.5% up 8.5%
Georgina +3.9% up 3.9%
Vaughan −1.9% down 1.9%

Bottom 5

King −27.7% down 27.7%
Richmond Hill −8.2% down 8.2%
Aurora −8.2% down 8.2%
Markham −4.8% down 4.8%
Vaughan −1.9% down 1.9%

Sales, month-over-month

Top 5

King +157.1% up 157.1%
Georgina +21.2% up 21.2%
Aurora +15.9% up 15.9%
Richmond Hill +11.0% up 11.0%
East Gwillimbury +10.0% up 10.0%

Bottom 5

Newmarket −25.0% down 25.0%
Whitchurch-Stouffville −20.0% down 20.0%
Vaughan −16.8% down 16.8%
Markham +5.6% up 5.6%
East Gwillimbury +10.0% up 10.0%

York Region

King focus

King, York Region

$1,317,570

−$503,859 −27.7% down $503,859, 27.7% versus December 2018

Sales: 18
SP/LP: 96%
DOM: 62
SNLR: 23.1%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$978,715

+$135,527 +16.1% up $135,527, 16.1% versus December 2018

Sales: 20
SP/LP: 96%
DOM: 46
SNLR: 21.7%

Full history →

Vaughan focus

Vaughan, York Region

$953,482

−$18,038 −1.9% down $18,038, 1.9% versus December 2018

Sales: 129
SP/LP: 97%
DOM: 40
SNLR: 27.8%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$923,809

−$82,544 −8.2% down $82,544, 8.2% versus December 2018

Sales: 111
SP/LP: 94%
DOM: 39
SNLR: 32.0%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$911,341

+$71,626 +8.5% up $71,626, 8.5% versus December 2018

Sales: 22
SP/LP: 95%
DOM: 65
SNLR: 21.6%

Full history →

Aurora focus

Aurora, York Region

$860,298

−$76,443 −8.2% down $76,443, 8.2% versus December 2018

Sales: 51
SP/LP: 91%
DOM: 40
SNLR: 35.7%

Full history →

Markham focus

Markham, York Region

$810,644

−$41,173 −4.8% down $41,173, 4.8% versus December 2018

Sales: 150
SP/LP: 98%
DOM: 36
SNLR: 31.7%

Full history →

Newmarket focus

Newmarket, York Region

$750,590

+$58,793 +8.5% up $58,793, 8.5% versus December 2018

Sales: 48
SP/LP: 97%
DOM: 41
SNLR: 28.6%

Full history →

Georgina focus

Georgina, York Region

$570,940

+$21,676 +3.9% up $21,676, 3.9% versus December 2018

Sales: 40
SP/LP: 96%
DOM: 40
SNLR: 31.5%

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	18	+11 +157.1% up 11, 157.1% versus December 2018	$23.7M	$1,317,570	−$503,859 −27.7% down $503,859, 27.7% versus December 2018	$1,187,500	78	167	96%	62	—	23.1%	9.3
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	20	−5 −20.0% down 5, 20.0% versus December 2018	$19.6M	$978,715	+$135,527 +16.1% up $135,527, 16.1% versus December 2018	$808,500	92	168	96%	46	—	21.7%	8.4
Vaughan focus Vaughan, York Region	129	−26 −16.8% down 26, 16.8% versus December 2018	$123.0M	$953,482	−$18,038 −1.9% down $18,038, 1.9% versus December 2018	$868,000	464	691	97%	40	—	27.8%	5.4
Richmond Hill focus Richmond Hill, York Region	111	+11 +11.0% up 11, 11.0% versus December 2018	$102.5M	$923,809	−$82,544 −8.2% down $82,544, 8.2% versus December 2018	$780,000	347	590	94%	39	—	32.0%	5.3
East Gwillimbury focus East Gwillimbury, York Region	22	+2 +10.0% up 2, 10.0% versus December 2018	$20.0M	$911,341	+$71,626 +8.5% up $71,626, 8.5% versus December 2018	$823,500	102	181	95%	65	—	21.6%	8.2
Aurora focus Aurora, York Region	51	+7 +15.9% up 7, 15.9% versus December 2018	$43.9M	$860,298	−$76,443 −8.2% down $76,443, 8.2% versus December 2018	$752,000	143	190	91%	40	—	35.7%	3.7
Markham focus Markham, York Region	150	+8 +5.6% up 8, 5.6% versus December 2018	$121.6M	$810,644	−$41,173 −4.8% down $41,173, 4.8% versus December 2018	$795,500	473	673	98%	36	—	31.7%	4.5
Newmarket focus Newmarket, York Region	48	−16 −25.0% down 16, 25.0% versus December 2018	$36.0M	$750,590	+$58,793 +8.5% up $58,793, 8.5% versus December 2018	$730,000	168	256	97%	41	—	28.6%	5.3
Georgina focus Georgina, York Region	40	+7 +21.2% up 7, 21.2% versus December 2018	$22.8M	$570,940	+$21,676 +3.9% up $21,676, 3.9% versus December 2018	$517,250	127	179	96%	40	—	31.5%	4.5