Source: TRREB MarketWatch, September 2019

9 areas

York Region

September 2019

Headline indicators

All home types

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

$975,082

MoM +$23,332 +2.5% YoY +7.9%

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

$876,000

MoM +$21,000 +2.5% YoY +5.5%

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.

1,273

MoM −46 −3.5% YoY +29.5%

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

$1.24B

MoM −$14,078,622 −1.1% YoY +39.7%

New listings — Properties newly listed during the month.

3,100

MoM +759 +32.4% YoY −11.3%

Active listings — Listings available at month end.

4,296

MoM +268 +6.7% YoY −19.8%

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

MoM −3 days −9.4% YoY −9.4%

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

98%

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.

41.1%

MoM −15.3 pp −27.1% YoY +45.9%

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.

3.4

MoM +0 +10.5% YoY −38.1%

Trend

13 months to September 2019

Average price

York Region average selling price over the 13 months ending September 2019.
Month	Average price
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
Sep '19	975082

Sales

York Region sales over the 13 months ending September 2019.
Month	Sales
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
Sep '19	1273

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,273	−46 −3.5% down 46, 3.5% versus August 2019	$975,082	+$23,332 +2.5% up $23,332, 2.5% versus August 2019	$876,000	41.1%	3.4
Detached	770	−27 −3.4% down 27, 3.4% versus August 2019	$1,152,299	+$14,749 +1.3% up $14,749, 1.3% versus August 2019	$1,067,000	36.8%	4.1
Semi-detached	82	+1 +1.2% up 1, 1.2% versus August 2019	$773,678	−$22,449 −2.8% down $22,449, 2.8% versus August 2019	$782,000	49.4%	1.7
Att/row/townhouse	167	−1 −0.6% down 1, 0.6% versus August 2019	$795,486	+$14,299 +1.8% up $14,299, 1.8% versus August 2019	$780,000	48.0%	2.4
Condo townhouse	48	−9 −15.8% down 9, 15.8% versus August 2019	$640,100	+$13,960 +2.2% up $13,960, 2.2% versus August 2019	$619,500	45.7%	2.6
Condo apartment	172	−22 −11.3% down 22, 11.3% versus August 2019	$566,989	+$55,491 +10.8% up $55,491, 10.8% versus August 2019	$507,625	51.2%	2.3
Link	34	+12 +54.5% up 12, 54.5% versus August 2019	$866,905	+$44,882 +5.5% up $44,882, 5.5% versus August 2019	$855,000	70.8%	1.4
Co-op apartment	0	no change no change versus August 2019	—	n/a not available, prior month not on file versus August 2019	—	0.0%	—
Detached condo	0	no change no change versus August 2019	—	n/a not available, prior month not on file versus August 2019	—	0.0%	—
Co-ownership apartment	0	no change no change versus August 2019	—	n/a not available, prior month not on file versus August 2019	—	—	—

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

King +12.9% up 12.9%
Aurora +8.9% up 8.9%
Markham +4.9% up 4.9%
Georgina +4.2% up 4.2%
East Gwillimbury +2.3% up 2.3%

Bottom 5

Whitchurch-Stouffville −2.5% down 2.5%
Vaughan −0.2% down 0.2%
Richmond Hill +1.0% up 1.0%
Newmarket +1.9% up 1.9%
East Gwillimbury +2.3% up 2.3%

Sales, month-over-month

Top 5

Aurora +36.2% up 36.2%
East Gwillimbury +24.4% up 24.4%
Newmarket +0.8% up 0.8%
King no change no change
Markham −0.6% down 0.6%

Bottom 5

Vaughan −15.7% down 15.7%
Richmond Hill −11.1% down 11.1%
Whitchurch-Stouffville −4.3% down 4.3%
Georgina −3.8% down 3.8%
Markham −0.6% down 0.6%

York Region

King focus

King, York Region

$1,584,613

+$180,639 +12.9% up $180,639, 12.9% versus August 2019

Sales: 39
SP/LP: 96%
DOM: 43
SNLR: 29.8%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,051,972

+$10,578 +1.0% up $10,578, 1.0% versus August 2019

Sales: 224
SP/LP: 98%
DOM: 32
SNLR: 37.6%

Full history →

Markham focus

Markham, York Region

$1,005,148

+$47,256 +4.9% up $47,256, 4.9% versus August 2019

Sales: 345
SP/LP: 99%
DOM: 24
SNLR: 45.8%

Full history →

Vaughan focus

Vaughan, York Region

$997,972

−$2,464 −0.2% down $2,464, 0.2% versus August 2019

Sales: 252
SP/LP: 97%
DOM: 24
SNLR: 38.4%

Full history →

Aurora focus

Aurora, York Region

$996,221

+$81,161 +8.9% up $81,161, 8.9% versus August 2019

Sales: 94
SP/LP: 97%
DOM: 28
SNLR: 46.8%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$937,431

−$23,552 −2.5% down $23,552, 2.5% versus August 2019

Sales: 67
SP/LP: 97%
DOM: 38
SNLR: 36.8%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$846,755

+$18,924 +2.3% up $18,924, 2.3% versus August 2019

Sales: 56
SP/LP: 97%
DOM: 42
SNLR: 43.8%

Full history →

Newmarket focus

Newmarket, York Region

$814,415

+$15,029 +1.9% up $15,029, 1.9% versus August 2019

Sales: 121
SP/LP: 99%
DOM: 26
SNLR: 46.2%

Full history →

Georgina focus

Georgina, York Region

$575,440

+$23,308 +4.2% up $23,308, 4.2% versus August 2019

Sales: 75
SP/LP: 96%
DOM: 42
SNLR: 39.3%

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	no change no change versus August 2019	$61.8M	$1,584,613	+$180,639 +12.9% up $180,639, 12.9% versus August 2019	$1,485,000	131	281	96%	43	—	29.8%	7.2
Richmond Hill focus Richmond Hill, York Region	224	−28 −11.1% down 28, 11.1% versus August 2019	$235.6M	$1,051,972	+$10,578 +1.0% up $10,578, 1.0% versus August 2019	$972,500	596	889	98%	32	—	37.6%	4.0
Markham focus Markham, York Region	345	−2 −0.6% down 2, 0.6% versus August 2019	$346.8M	$1,005,148	+$47,256 +4.9% up $47,256, 4.9% versus August 2019	$920,000	753	903	99%	24	—	45.8%	2.6
Vaughan focus Vaughan, York Region	252	−47 −15.7% down 47, 15.7% versus August 2019	$251.5M	$997,972	−$2,464 −0.2% down $2,464, 0.2% versus August 2019	$900,000	656	877	97%	24	—	38.4%	3.5
Aurora focus Aurora, York Region	94	+25 +36.2% up 25, 36.2% versus August 2019	$93.6M	$996,221	+$81,161 +8.9% up $81,161, 8.9% versus August 2019	$849,500	201	279	97%	28	—	46.8%	3.0
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	67	−3 −4.3% down 3, 4.3% versus August 2019	$62.8M	$937,431	−$23,552 −2.5% down $23,552, 2.5% versus August 2019	$835,000	182	279	97%	38	—	36.8%	4.2
East Gwillimbury focus East Gwillimbury, York Region	56	+11 +24.4% up 11, 24.4% versus August 2019	$47.4M	$846,755	+$18,924 +2.3% up $18,924, 2.3% versus August 2019	$792,500	128	193	97%	42	—	43.8%	3.5
Newmarket focus Newmarket, York Region	121	+1 +0.8% up 1, 0.8% versus August 2019	$98.5M	$814,415	+$15,029 +1.9% up $15,029, 1.9% versus August 2019	$748,800	262	306	99%	26	—	46.2%	2.5
Georgina focus Georgina, York Region	75	−3 −3.8% down 3, 3.8% versus August 2019	$43.2M	$575,440	+$23,308 +4.2% up $23,308, 4.2% versus August 2019	$525,000	191	289	96%	42	—	39.3%	3.9