Source: TRREB MarketWatch, December 2019

9 areas

York Region

December 2019

Headline indicators

All home types

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

$954,217

MoM −$20,554 −2.1% YoY +6.9%

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

$858,436

MoM −$21,564 −2.5% YoY +6.0%

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.

730

MoM −446 −37.9% YoY +23.7%

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

$696.6M

MoM −$449,752,838 −39.2% YoY +32.3%

New listings — Properties newly listed during the month.

587

MoM −990 −62.8% YoY −31.8%

Active listings — Listings available at month end.

1,862

MoM −1,087 −36.9% YoY −39.8%

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

MoM +8 days +27.6% YoY no change

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 +1.0%

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

124.4%

MoM +49.8 pp +66.8% YoY +81.5%

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 +1.7% YoY −51.3%

Trend

13 months to December 2019

Average price

York Region average selling price over the 13 months ending December 2019.
Month	Average price
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
Dec '19	954217

Sales

York Region sales over the 13 months ending December 2019.
Month	Sales
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
Dec '19	730

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	730	−446 −37.9% down 446, 37.9% versus November 2019	$954,217	−$20,554 −2.1% down $20,554, 2.1% versus November 2019	$858,436	124.4%	2.5
Detached	416	−271 −39.4% down 271, 39.4% versus November 2019	$1,145,451	−$20,928 −1.8% down $20,928, 1.8% versus November 2019	$1,054,750	117.2%	3.4
Semi-detached	45	−42 −48.3% down 42, 48.3% versus November 2019	$813,773	+$9,528 +1.2% up $9,528, 1.2% versus November 2019	$820,000	145.2%	0.8
Att/row/townhouse	118	−44 −27.2% down 44, 27.2% versus November 2019	$803,620	+$1,474 +0.2% up $1,474, 0.2% versus November 2019	$794,500	149.4%	1.1
Condo townhouse	32	−13 −28.9% down 13, 28.9% versus November 2019	$629,572	−$39,599 −5.9% down $39,599, 5.9% versus November 2019	$628,500	118.5%	1.8
Condo apartment	111	−65 −36.9% down 65, 36.9% versus November 2019	$552,144	−$4,059 −0.7% down $4,059, 0.7% versus November 2019	$520,000	127.6%	1.7
Link	8	−11 −57.9% down 11, 57.9% versus November 2019	$898,699	−$1,680 −0.2% down $1,680, 0.2% versus November 2019	$854,950	100.0%	1.9
Co-op apartment	0	no change no change versus November 2019	—	n/a not available, prior month not on file versus November 2019	—	—	—
Detached condo	0	no change no change versus November 2019	—	n/a not available, prior month not on file versus November 2019	—	—	—
Co-ownership apartment	0	no change no change versus November 2019	—	n/a not available, prior month not on file versus November 2019	—	—	—

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

King +11.8% up 11.8%
Richmond Hill +3.7% up 3.7%
Whitchurch-Stouffville +3.2% up 3.2%
Vaughan −0.7% down 0.7%
Newmarket −2.3% down 2.3%

Bottom 5

Georgina −8.1% down 8.1%
Markham −8.0% down 8.0%
Aurora −5.0% down 5.0%
East Gwillimbury −3.2% down 3.2%
Newmarket −2.3% down 2.3%

Sales, month-over-month

Top 5

East Gwillimbury −14.0% down 14.0%
King −26.1% down 26.1%
Georgina −26.5% down 26.5%
Aurora −28.1% down 28.1%
Whitchurch-Stouffville −28.8% down 28.8%

Bottom 5

Newmarket −48.4% down 48.4%
Markham −43.6% down 43.6%
Richmond Hill −39.3% down 39.3%
Vaughan −37.9% down 37.9%
Whitchurch-Stouffville −28.8% down 28.8%

York Region

King focus

King, York Region

$1,490,782

+$157,304 +11.8% up $157,304, 11.8% versus November 2019

Sales: 17
SP/LP: 93%
DOM: 66
SNLR: 89.5%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,085,845

+$39,101 +3.7% up $39,101, 3.7% versus November 2019

Sales: 150
SP/LP: 97%
DOM: 40
SNLR: 124.0%

Full history →

Vaughan focus

Vaughan, York Region

$1,009,648

−$7,034 −0.7% down $7,034, 0.7% versus November 2019

Sales: 167
SP/LP: 97%
DOM: 33
SNLR: 118.4%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$966,801

+$29,576 +3.2% up $29,576, 3.2% versus November 2019

Sales: 42
SP/LP: 98%
DOM: 46
SNLR: 175.0%

Full history →

Markham focus

Markham, York Region

$966,689

−$84,384 −8.0% down $84,384, 8.0% versus November 2019

Sales: 155
SP/LP: 99%
DOM: 30
SNLR: 113.1%

Full history →

Aurora focus

Aurora, York Region

$881,469

−$46,763 −5.0% down $46,763, 5.0% versus November 2019

Sales: 46
SP/LP: 98%
DOM: 32
SNLR: 104.5%

Full history →

Newmarket focus

Newmarket, York Region

$805,347

−$18,925 −2.3% down $18,925, 2.3% versus November 2019

Sales: 66
SP/LP: 99%
DOM: 34
SNLR: 212.9%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$765,349

−$25,432 −3.2% down $25,432, 3.2% versus November 2019

Sales: 37
SP/LP: 98%
DOM: 50
SNLR: 217.7%

Full history →

Georgina focus

Georgina, York Region

$545,726

−$47,939 −8.1% down $47,939, 8.1% versus November 2019

Sales: 50
SP/LP: 97%
DOM: 39
SNLR: 94.3%

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	17	−6 −26.1% down 6, 26.1% versus November 2019	$25.3M	$1,490,782	+$157,304 +11.8% up $157,304, 11.8% versus November 2019	$1,390,000	19	175	93%	66	—	89.5%	10.3
Richmond Hill focus Richmond Hill, York Region	150	−97 −39.3% down 97, 39.3% versus November 2019	$162.9M	$1,085,845	+$39,101 +3.7% up $39,101, 3.7% versus November 2019	$974,950	121	367	97%	40	—	124.0%	2.5
Vaughan focus Vaughan, York Region	167	−102 −37.9% down 102, 37.9% versus November 2019	$168.6M	$1,009,648	−$7,034 −0.7% down $7,034, 0.7% versus November 2019	$925,000	141	388	97%	33	—	118.4%	2.3
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	42	−17 −28.8% down 17, 28.8% versus November 2019	$40.6M	$966,801	+$29,576 +3.2% up $29,576, 3.2% versus November 2019	$838,000	24	121	98%	46	—	175.0%	2.9
Markham focus Markham, York Region	155	−120 −43.6% down 120, 43.6% versus November 2019	$149.8M	$966,689	−$84,384 −8.0% down $84,384, 8.0% versus November 2019	$862,900	137	386	99%	30	—	113.1%	2.5
Aurora focus Aurora, York Region	46	−18 −28.1% down 18, 28.1% versus November 2019	$40.5M	$881,469	−$46,763 −5.0% down $46,763, 5.0% versus November 2019	$844,225	44	122	98%	32	—	104.5%	2.6
Newmarket focus Newmarket, York Region	66	−62 −48.4% down 62, 48.4% versus November 2019	$53.2M	$805,347	−$18,925 −2.3% down $18,925, 2.3% versus November 2019	$766,500	31	88	99%	34	—	212.9%	1.3
East Gwillimbury focus East Gwillimbury, York Region	37	−6 −14.0% down 6, 14.0% versus November 2019	$28.3M	$765,349	−$25,432 −3.2% down $25,432, 3.2% versus November 2019	$800,000	17	76	98%	50	—	217.7%	2.0
Georgina focus Georgina, York Region	50	−18 −26.5% down 18, 26.5% versus November 2019	$27.3M	$545,726	−$47,939 −8.1% down $47,939, 8.1% versus November 2019	$517,250	53	139	97%	39	—	94.3%	2.8