Source: TRREB MarketWatch, October 2019

9 areas

York Region

October 2019

Headline indicators

All home types

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

$957,097

MoM −$17,985 −1.8% YoY +4.4%

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

$855,000

MoM −$21,000 −2.4% YoY +3.9%

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.

1,409

MoM +136 +10.7% YoY +21.0%

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

$1.35B

MoM +$107,270,554 +8.6% YoY +26.3%

New listings — Properties newly listed during the month.

2,392

MoM −708 −22.8% YoY −19.2%

Active listings — Listings available at month end.

3,764

MoM −532 −12.4% YoY −25.6%

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

MoM −1 day −3.4% YoY −12.5%

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

98%

MoM no change YoY +2.1%

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

58.9%

MoM +17.8 pp +43.4% YoY +49.8%

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.

2.7

MoM −1 −20.8% YoY −38.5%

Trend

13 months to October 2019

Average price

York Region average selling price over the 13 months ending October 2019.
Month	Average price
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
Oct '19	957097

Sales

York Region sales over the 13 months ending October 2019.
Month	Sales
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
Oct '19	1409

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,409	+136 +10.7% up 136, 10.7% versus September 2019	$957,097	−$17,985 −1.8% down $17,985, 1.8% versus September 2019	$855,000	58.9%	2.7
Detached	798	+28 +3.6% up 28, 3.6% versus September 2019	$1,163,668	+$11,369 +1.0% up $11,369, 1.0% versus September 2019	$1,070,000	49.8%	3.6
Semi-detached	91	+9 +11.0% up 9, 11.0% versus September 2019	$783,259	+$9,581 +1.2% up $9,581, 1.2% versus September 2019	$785,000	92.9%	1.1
Att/row/townhouse	219	+52 +31.1% up 52, 31.1% versus September 2019	$792,225	−$3,261 −0.4% down $3,261, 0.4% versus September 2019	$790,000	73.7%	1.5
Condo townhouse	67	+19 +39.6% up 19, 39.6% versus September 2019	$635,746	−$4,354 −0.7% down $4,354, 0.7% versus September 2019	$623,500	81.7%	1.5
Condo apartment	204	+32 +18.6% up 32, 18.6% versus September 2019	$516,877	−$50,112 −8.8% down $50,112, 8.8% versus September 2019	$490,000	74.2%	1.7
Link	29	−5 −14.7% down 5, 14.7% versus September 2019	$902,624	+$35,719 +4.1% up $35,719, 4.1% versus September 2019	$874,800	76.3%	1.2
Co-op apartment	0	no change no change versus September 2019	—	n/a not available, prior month not on file versus September 2019	—	—	—
Detached condo	1	+1 up 1 versus September 2019	$955,000	n/a not available, prior month not on file versus September 2019	$955,000	100.0%	1.0
Co-ownership apartment	0	no change no change versus September 2019	—	n/a not available, prior month not on file versus September 2019	—	—	—

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Whitchurch-Stouffville +5.6% up 5.6%
Richmond Hill +2.6% up 2.6%
Georgina +1.0% up 1.0%
Vaughan +0.3% up 0.3%
King +0.1% up 0.1%

Bottom 5

Newmarket −7.3% down 7.3%
East Gwillimbury −6.2% down 6.2%
Markham −5.0% down 5.0%
Aurora −2.0% down 2.0%
King +0.1% up 0.1%

Sales, month-over-month

Top 5

Vaughan +31.0% up 31.0%
Richmond Hill +16.1% up 16.1%
Whitchurch-Stouffville +11.9% up 11.9%
Markham +11.6% up 11.6%
Newmarket +7.4% up 7.4%

Bottom 5

King −51.3% down 51.3%
Aurora −10.6% down 10.6%
Georgina −8.0% down 8.0%
East Gwillimbury +1.8% up 1.8%
Newmarket +7.4% up 7.4%

York Region

King focus

King, York Region

$1,585,526

+$913 +0.1% up $913, 0.1% versus September 2019

Sales: 19
SP/LP: 87%
DOM: 67
SNLR: 19.4%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,079,319

+$27,347 +2.6% up $27,347, 2.6% versus September 2019

Sales: 260
SP/LP: 97%
DOM: 28
SNLR: 53.5%

Full history →

Vaughan focus

Vaughan, York Region

$1,001,068

+$3,096 +0.3% up $3,096, 0.3% versus September 2019

Sales: 330
SP/LP: 98%
DOM: 27
SNLR: 59.3%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$989,625

+$52,194 +5.6% up $52,194, 5.6% versus September 2019

Sales: 75
SP/LP: 96%
DOM: 32
SNLR: 63.0%

Full history →

Aurora focus

Aurora, York Region

$976,190

−$20,031 −2.0% down $20,031, 2.0% versus September 2019

Sales: 84
SP/LP: 97%
DOM: 33
SNLR: 63.6%

Full history →

Markham focus

Markham, York Region

$955,092

−$50,056 −5.0% down $50,056, 5.0% versus September 2019

Sales: 385
SP/LP: 100%
DOM: 25
SNLR: 72.0%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$793,899

−$52,856 −6.2% down $52,856, 6.2% versus September 2019

Sales: 57
SP/LP: 96%
DOM: 35
SNLR: 58.2%

Full history →

Newmarket focus

Newmarket, York Region

$755,174

−$59,241 −7.3% down $59,241, 7.3% versus September 2019

Sales: 130
SP/LP: 99%
DOM: 23
SNLR: 59.4%

Full history →

Georgina focus

Georgina, York Region

$581,052

+$5,612 +1.0% up $5,612, 1.0% versus September 2019

Sales: 69
SP/LP: 97%
DOM: 39
SNLR: 46.6%

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	19	−20 −51.3% down 20, 51.3% versus September 2019	$30.1M	$1,585,526	+$913 +0.1% up $913, 0.1% versus September 2019	$1,248,000	98	277	87%	67	—	19.4%	14.6
Richmond Hill focus Richmond Hill, York Region	260	+36 +16.1% up 36, 16.1% versus September 2019	$280.6M	$1,079,319	+$27,347 +2.6% up $27,347, 2.6% versus September 2019	$970,000	486	779	97%	28	—	53.5%	3.0
Vaughan focus Vaughan, York Region	330	+78 +31.0% up 78, 31.0% versus September 2019	$330.4M	$1,001,068	+$3,096 +0.3% up $3,096, 0.3% versus September 2019	$936,300	557	776	98%	27	—	59.3%	2.4
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	75	+8 +11.9% up 8, 11.9% versus September 2019	$74.2M	$989,625	+$52,194 +5.6% up $52,194, 5.6% versus September 2019	$837,000	119	237	96%	32	—	63.0%	3.2
Aurora focus Aurora, York Region	84	−10 −10.6% down 10, 10.6% versus September 2019	$82.0M	$976,190	−$20,031 −2.0% down $20,031, 2.0% versus September 2019	$848,500	132	242	97%	33	—	63.6%	2.9
Markham focus Markham, York Region	385	+40 +11.6% up 40, 11.6% versus September 2019	$367.7M	$955,092	−$50,056 −5.0% down $50,056, 5.0% versus September 2019	$880,000	535	745	100%	25	—	72.0%	1.9
East Gwillimbury focus East Gwillimbury, York Region	57	+1 +1.8% up 1, 1.8% versus September 2019	$45.3M	$793,899	−$52,856 −6.2% down $52,856, 6.2% versus September 2019	$720,000	98	167	96%	35	—	58.2%	2.9
Newmarket focus Newmarket, York Region	130	+9 +7.4% up 9, 7.4% versus September 2019	$98.2M	$755,174	−$59,241 −7.3% down $59,241, 7.3% versus September 2019	$719,000	219	271	99%	23	—	59.4%	2.1
Georgina focus Georgina, York Region	69	−6 −8.0% down 6, 8.0% versus September 2019	$40.1M	$581,052	+$5,612 +1.0% up $5,612, 1.0% versus September 2019	$550,000	148	270	97%	39	—	46.6%	3.9