Source: TRREB MarketWatch, August 2019

9 areas

York Region

August 2019

Headline indicators

All home types

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

$951,750

MoM +$21,173 +2.3% YoY +3.1%

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

$855,000

MoM −$3,950 −0.5% YoY +2.4%

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.

1,319

MoM −125 −8.7% YoY +18.7%

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

$1.26B

MoM −$88,394,323 −6.6% YoY +22.4%

New listings — Properties newly listed during the month.

2,341

MoM −556 −19.2% YoY −9.5%

Active listings — Listings available at month end.

4,028

MoM −537 −11.8% YoY −15.6%

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

MoM +4 days +14.3% YoY −5.9%

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.

56.3%

MoM +6.5 pp +13.0% YoY +31.2%

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.

3.0

MoM −0 −3.4% YoY −28.9%

Trend

13 months to August 2019

Average price

York Region average selling price over the 13 months ending August 2019.
Month	Average price
Aug '18	923152
Sep '18	903704
Oct '18	917007
Nov '18	887030
Dec '18	892238
Jan '19	871341
Feb '19	915737
Mar '19	915213
Apr '19	913195
May '19	929684
Jun '19	930853
Jul '19	930577
Aug '19	951750

Sales

York Region sales over the 13 months ending August 2019.
Month	Sales
Aug '18	1111
Sep '18	983
Oct '18	1164
Nov '18	999
Dec '18	590
Jan '19	589
Feb '19	795
Mar '19	1183
Apr '19	1468
May '19	1531
Jun '19	1407
Jul '19	1444
Aug '19	1319

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,319	−125 −8.7% down 125, 8.7% versus July 2019	$951,750	+$21,173 +2.3% up $21,173, 2.3% versus July 2019	$855,000	56.3%	3.0
Detached	797	−32 −3.9% down 32, 3.9% versus July 2019	$1,137,550	+$23,101 +2.1% up $23,101, 2.1% versus July 2019	$1,055,000	50.8%	3.7
Semi-detached	81	−35 −30.2% down 35, 30.2% versus July 2019	$796,127	+$14,069 +1.8% up $14,069, 1.8% versus July 2019	$822,000	75.7%	1.4
Att/row/townhouse	168	−30 −15.2% down 30, 15.2% versus July 2019	$781,187	+$2,690 +0.3% up $2,690, 0.3% versus July 2019	$765,000	59.6%	2.4
Condo townhouse	57	−7 −10.9% down 7, 10.9% versus July 2019	$626,140	−$9,291 −1.5% down $9,291, 1.5% versus July 2019	$621,000	66.3%	2.0
Condo apartment	194	−12 −5.8% down 12, 5.8% versus July 2019	$511,498	−$6,553 −1.3% down $6,553, 1.3% versus July 2019	$495,000	76.4%	1.9
Link	22	−9 −29.0% down 9, 29.0% versus July 2019	$822,023	−$69,163 −7.8% down $69,163, 7.8% versus July 2019	$830,000	52.4%	2.5
Co-op apartment	0	no change no change versus July 2019	—	n/a not available, prior month not on file versus July 2019	—	—	—
Detached condo	0	no change no change versus July 2019	—	n/a not available, prior month not on file versus July 2019	—	0.0%	—
Co-ownership apartment	0	no change no change versus July 2019	—	n/a not available, prior month not on file versus July 2019	—	—	—

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Whitchurch-Stouffville +8.1% up 8.1%
Aurora +7.3% up 7.3%
East Gwillimbury +5.2% up 5.2%
Richmond Hill +3.3% up 3.3%
Newmarket +1.6% up 1.6%

Bottom 5

King −5.5% down 5.5%
Georgina −0.9% down 0.9%
Vaughan +0.1% up 0.1%
Markham +0.8% up 0.8%
Newmarket +1.6% up 1.6%

Sales, month-over-month

Top 5

King +30.0% up 30.0%
Whitchurch-Stouffville +9.4% up 9.4%
Georgina no change no change
Richmond Hill −3.8% down 3.8%
Vaughan −7.4% down 7.4%

Bottom 5

Aurora −28.9% down 28.9%
East Gwillimbury −22.4% down 22.4%
Markham −12.8% down 12.8%
Newmarket −10.4% down 10.4%
Vaughan −7.4% down 7.4%

York Region

King focus

King, York Region

$1,403,974

−$82,416 −5.5% down $82,416, 5.5% versus July 2019

Sales: 39
SP/LP: 93%
DOM: 53
SNLR: 46.4%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,041,394

+$33,349 +3.3% up $33,349, 3.3% versus July 2019

Sales: 252
SP/LP: 96%
DOM: 32
SNLR: 56.6%

Full history →

Vaughan focus

Vaughan, York Region

$1,000,436

+$592 +0.1% up $592, 0.1% versus July 2019

Sales: 299
SP/LP: 98%
DOM: 26
SNLR: 61.4%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$960,983

+$72,116 +8.1% up $72,116, 8.1% versus July 2019

Sales: 70
SP/LP: 97%
DOM: 45
SNLR: 53.0%

Full history →

Markham focus

Markham, York Region

$957,892

+$8,033 +0.8% up $8,033, 0.8% versus July 2019

Sales: 347
SP/LP: 99%
DOM: 27
SNLR: 59.3%

Full history →

Aurora focus

Aurora, York Region

$915,060

+$62,347 +7.3% up $62,347, 7.3% versus July 2019

Sales: 69
SP/LP: 97%
DOM: 35
SNLR: 39.7%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$827,831

+$41,265 +5.2% up $41,265, 5.2% versus July 2019

Sales: 45
SP/LP: 97%
DOM: 39
SNLR: 51.1%

Full history →

Newmarket focus

Newmarket, York Region

$799,386

+$12,966 +1.6% up $12,966, 1.6% versus July 2019

Sales: 120
SP/LP: 98%
DOM: 33
SNLR: 65.9%

Full history →

Georgina focus

Georgina, York Region

$552,132

−$5,019 −0.9% down $5,019, 0.9% versus July 2019

Sales: 78
SP/LP: 97%
DOM: 38
SNLR: 47.6%

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	39	+9 +30.0% up 9, 30.0% versus July 2019	$54.8M	$1,403,974	−$82,416 −5.5% down $82,416, 5.5% versus July 2019	$1,322,000	84	261	93%	53	—	46.4%	6.7
Richmond Hill focus Richmond Hill, York Region	252	−10 −3.8% down 10, 3.8% versus July 2019	$262.4M	$1,041,394	+$33,349 +3.3% up $33,349, 3.3% versus July 2019	$950,000	445	839	96%	32	—	56.6%	3.3
Vaughan focus Vaughan, York Region	299	−24 −7.4% down 24, 7.4% versus July 2019	$299.1M	$1,000,436	+$592 +0.1% up $592, 0.1% versus July 2019	$935,000	487	804	98%	26	—	61.4%	2.7
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	70	+6 +9.4% up 6, 9.4% versus July 2019	$67.3M	$960,983	+$72,116 +8.1% up $72,116, 8.1% versus July 2019	$812,450	132	256	97%	45	—	53.0%	3.7
Markham focus Markham, York Region	347	−51 −12.8% down 51, 12.8% versus July 2019	$332.4M	$957,892	+$8,033 +0.8% up $8,033, 0.8% versus July 2019	$899,000	585	836	99%	27	—	59.3%	2.4
Aurora focus Aurora, York Region	69	−28 −28.9% down 28, 28.9% versus July 2019	$63.1M	$915,060	+$62,347 +7.3% up $62,347, 7.3% versus July 2019	$854,900	174	275	97%	35	—	39.7%	4.0
East Gwillimbury focus East Gwillimbury, York Region	45	−13 −22.4% down 13, 22.4% versus July 2019	$37.3M	$827,831	+$41,265 +5.2% up $41,265, 5.2% versus July 2019	$788,300	88	186	97%	39	—	51.1%	4.1
Newmarket focus Newmarket, York Region	120	−14 −10.4% down 14, 10.4% versus July 2019	$95.9M	$799,386	+$12,966 +1.6% up $12,966, 1.6% versus July 2019	$736,500	182	292	98%	33	—	65.9%	2.4
Georgina focus Georgina, York Region	78	no change no change versus July 2019	$43.1M	$552,132	−$5,019 −0.9% down $5,019, 0.9% versus July 2019	$561,000	164	279	97%	38	—	47.6%	3.6