Source: TRREB MarketWatch, November 2019

9 areas

York Region

November 2019

Headline indicators

All home types

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

$974,771

MoM +$17,674 +1.8% YoY +9.9%

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

$880,000

MoM +$25,000 +2.9% YoY +9.3%

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.

1,176

MoM −233 −16.5% YoY +17.7%

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

$1.15B

MoM −$202,219,053 −15.0% YoY +29.4%

New listings — Properties newly listed during the month.

1,577

MoM −815 −34.1% YoY −26.9%

Active listings — Listings available at month end.

2,949

MoM −815 −21.7% YoY −32.9%

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

MoM +1 day +3.6% YoY −14.7%

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

98%

MoM no change YoY +1.0%

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

74.6%

MoM +15.7 pp +26.6% YoY +60.9%

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.

2.5

MoM −0 −6.1% YoY −43.0%

Trend

13 months to November 2019

Average price

York Region average selling price over the 13 months ending November 2019.
Month	Average price
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
Nov '19	974771

Sales

York Region sales over the 13 months ending November 2019.
Month	Sales
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
Nov '19	1176

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,176	−233 −16.5% down 233, 16.5% versus October 2019	$974,771	+$17,674 +1.8% up $17,674, 1.8% versus October 2019	$880,000	74.6%	2.5
Detached	687	−111 −13.9% down 111, 13.9% versus October 2019	$1,166,379	+$2,711 +0.2% up $2,711, 0.2% versus October 2019	$1,075,000	70.0%	3.3
Semi-detached	87	−4 −4.4% down 4, 4.4% versus October 2019	$804,245	+$20,986 +2.7% up $20,986, 2.7% versus October 2019	$815,000	90.6%	0.8
Att/row/townhouse	162	−57 −26.0% down 57, 26.0% versus October 2019	$802,146	+$9,921 +1.3% up $9,921, 1.3% versus October 2019	$801,495	76.1%	1.5
Condo townhouse	45	−22 −32.8% down 22, 32.8% versus October 2019	$669,171	+$33,425 +5.3% up $33,425, 5.3% versus October 2019	$615,000	83.3%	1.9
Condo apartment	176	−28 −13.7% down 28, 13.7% versus October 2019	$556,203	+$39,326 +7.6% up $39,326, 7.6% versus October 2019	$520,000	83.0%	1.6
Link	19	−10 −34.5% down 10, 34.5% versus October 2019	$900,379	−$2,245 −0.2% down $2,245, 0.2% versus October 2019	$867,900	95.0%	1.4
Co-op apartment	0	no change no change versus October 2019	—	n/a not available, prior month not on file versus October 2019	—	—	—
Detached condo	0	−1 −100.0% down 1, 100.0% versus October 2019	—	n/a not available, prior month not on file versus October 2019	—	—	—
Co-ownership apartment	0	no change no change versus October 2019	—	n/a not available, prior month not on file versus October 2019	—	—	—

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Markham +10.0% up 10.0%
Newmarket +9.1% up 9.1%
Georgina +2.2% up 2.2%
Vaughan +1.6% up 1.6%
East Gwillimbury −0.4% down 0.4%

Bottom 5

King −15.9% down 15.9%
Whitchurch-Stouffville −5.3% down 5.3%
Aurora −4.9% down 4.9%
Richmond Hill −3.0% down 3.0%
East Gwillimbury −0.4% down 0.4%

Sales, month-over-month

Top 5

King +21.1% up 21.1%
Georgina −1.4% down 1.4%
Newmarket −1.5% down 1.5%
Richmond Hill −5.0% down 5.0%
Vaughan −18.5% down 18.5%

Bottom 5

Markham −28.6% down 28.6%
East Gwillimbury −24.6% down 24.6%
Aurora −23.8% down 23.8%
Whitchurch-Stouffville −21.3% down 21.3%
Vaughan −18.5% down 18.5%

York Region

King focus

King, York Region

$1,333,478

−$252,048 −15.9% down $252,048, 15.9% versus October 2019

Sales: 23
SP/LP: 95%
DOM: 44
SNLR: 38.3%

Full history →

Markham focus

Markham, York Region

$1,051,073

+$95,981 +10.0% up $95,981, 10.0% versus October 2019

Sales: 275
SP/LP: 99%
DOM: 26
SNLR: 74.9%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,046,744

−$32,575 −3.0% down $32,575, 3.0% versus October 2019

Sales: 247
SP/LP: 98%
DOM: 28
SNLR: 74.8%

Full history →

Vaughan focus

Vaughan, York Region

$1,016,682

+$15,614 +1.6% up $15,614, 1.6% versus October 2019

Sales: 269
SP/LP: 97%
DOM: 28
SNLR: 80.1%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$937,225

−$52,400 −5.3% down $52,400, 5.3% versus October 2019

Sales: 59
SP/LP: 96%
DOM: 36
SNLR: 69.4%

Full history →

Aurora focus

Aurora, York Region

$928,232

−$47,958 −4.9% down $47,958, 4.9% versus October 2019

Sales: 64
SP/LP: 98%
DOM: 32
SNLR: 62.8%

Full history →

Newmarket focus

Newmarket, York Region

$824,272

+$69,098 +9.1% up $69,098, 9.1% versus October 2019

Sales: 128
SP/LP: 98%
DOM: 24
SNLR: 91.4%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$790,781

−$3,118 −0.4% down $3,118, 0.4% versus October 2019

Sales: 43
SP/LP: 96%
DOM: 32
SNLR: 72.9%

Full history →

Georgina focus

Georgina, York Region

$593,665

+$12,613 +2.2% up $12,613, 2.2% versus October 2019

Sales: 68
SP/LP: 98%
DOM: 40
SNLR: 69.4%

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	23	+4 +21.1% up 4, 21.1% versus October 2019	$30.7M	$1,333,478	−$252,048 −15.9% down $252,048, 15.9% versus October 2019	$1,215,000	60	242	95%	44	—	38.3%	10.5
Markham focus Markham, York Region	275	−110 −28.6% down 110, 28.6% versus October 2019	$289.0M	$1,051,073	+$95,981 +10.0% up $95,981, 10.0% versus October 2019	$950,000	367	581	99%	26	—	74.9%	2.1
Richmond Hill focus Richmond Hill, York Region	247	−13 −5.0% down 13, 5.0% versus October 2019	$258.5M	$1,046,744	−$32,575 −3.0% down $32,575, 3.0% versus October 2019	$923,500	330	606	98%	28	—	74.8%	2.5
Vaughan focus Vaughan, York Region	269	−61 −18.5% down 61, 18.5% versus October 2019	$273.5M	$1,016,682	+$15,614 +1.6% up $15,614, 1.6% versus October 2019	$938,000	336	617	97%	28	—	80.1%	2.3
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	59	−16 −21.3% down 16, 21.3% versus October 2019	$55.3M	$937,225	−$52,400 −5.3% down $52,400, 5.3% versus October 2019	$812,500	85	190	96%	36	—	69.4%	3.2
Aurora focus Aurora, York Region	64	−20 −23.8% down 20, 23.8% versus October 2019	$59.4M	$928,232	−$47,958 −4.9% down $47,958, 4.9% versus October 2019	$870,000	102	183	98%	32	—	62.8%	2.9
Newmarket focus Newmarket, York Region	128	−2 −1.5% down 2, 1.5% versus October 2019	$105.5M	$824,272	+$69,098 +9.1% up $69,098, 9.1% versus October 2019	$770,000	140	187	98%	24	—	91.4%	1.5
East Gwillimbury focus East Gwillimbury, York Region	43	−14 −24.6% down 14, 24.6% versus October 2019	$34.0M	$790,781	−$3,118 −0.4% down $3,118, 0.4% versus October 2019	$752,990	59	133	96%	32	—	72.9%	3.1
Georgina focus Georgina, York Region	68	−1 −1.4% down 1, 1.4% versus October 2019	$40.4M	$593,665	+$12,613 +2.2% up $12,613, 2.2% versus October 2019	$577,450	98	210	98%	40	—	69.4%	3.1