Source: TRREB MarketWatch, May 2020

9 areas

York Region

May 2020

Headline indicators

All home types

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

$1,010,745

MoM +$42,246 +4.4% YoY +8.7%

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

$920,000

MoM +$47,500 +5.4% YoY +7.4%

MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.

$932,000

MoM +$12,300 +1.3% YoY +8.6%

Sales — Firm transactions reported through the MLS® System during the month.

692

MoM +256 +58.7% YoY −54.8%

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

$699.4M

MoM +$277,169,931 +65.6% YoY −50.9%

New listings — Properties newly listed during the month.

1,606

MoM +613 +61.7% YoY −58.5%

Active listings — Listings available at month end.

2,488

MoM +221 +9.7% YoY −51.4%

Avg. LDOM — Average days on market for the current listing. Not reported before 2020.

MoM +7 days +31.8% YoY n/a

Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.

MoM +10 days +34.5% YoY n/a

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

97%

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.

43.1%

MoM −0.8 pp −1.9% YoY +8.9%

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.

3.6

MoM −2 −30.9% YoY +7.6%

Trend

13 months to May 2020

Average price

York Region average selling price over the 13 months ending May 2020.
Month	Average price
May '19	929684
Jun '19	930853
Jul '19	930577
Aug '19	951750
Sep '19	975082
Oct '19	957097
Nov '19	974771
Dec '19	954217
Jan '20	948799
Feb '20	1015558
Mar '20	1038598
Apr '20	968499
May '20	1010745

Sales

York Region sales over the 13 months ending May 2020.
Month	Sales
May '19	1531
Jun '19	1407
Jul '19	1444
Aug '19	1319
Sep '19	1273
Oct '19	1409
Nov '19	1176
Dec '19	730
Jan '20	747
Feb '20	1285
Mar '20	1403
Apr '20	436
May '20	692

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	692	+256 +58.7% up 256, 58.7% versus April 2020	$1,010,745	+$42,246 +4.4% up $42,246, 4.4% versus April 2020	$920,000	43.1%	3.6
Detached	428	+181 +73.3% up 181, 73.3% versus April 2020	$1,177,151	+$27,664 +2.4% up $27,664, 2.4% versus April 2020	$1,100,000	42.1%	4.2
Semi-detached	64	+19 +42.2% up 19, 42.2% versus April 2020	$802,832	−$12,141 −1.5% down $12,141, 1.5% versus April 2020	$796,500	68.1%	1.2
Att/row/townhouse	99	+35 +54.7% up 35, 54.7% versus April 2020	$843,558	+$14,647 +1.8% up $14,647, 1.8% versus April 2020	$838,000	45.6%	2.6
Condo townhouse	31	+8 +34.8% up 8, 34.8% versus April 2020	$610,403	−$45,275 −6.9% down $45,275, 6.9% versus April 2020	$625,500	56.4%	2.1
Condo apartment	61	+11 +22.0% up 11, 22.0% versus April 2020	$552,769	+$10,515 +1.9% up $10,515, 1.9% versus April 2020	$535,000	30.4%	4.7
Link	9	+3 +50.0% up 3, 50.0% versus April 2020	$897,778	−$110,539 −11.0% down $110,539, 11.0% versus April 2020	$902,000	42.9%	2.1
Co-op apartment	0	−1 −100.0% down 1, 100.0% versus April 2020	$0	−$375,000 −100.0% down $375,000, 100.0% versus April 2020	—	0.0%	—
Detached condo	0	no change no change versus April 2020	$0	no change no change versus April 2020	—	—	—
Co-ownership apartment	0	no change no change versus April 2020	$0	no change no change versus April 2020	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	276	$932,000	+8.6% up 8.6%
Single-family detached	276.8	$1,052,600	+7.7% up 7.7%
Single-family attached	278.5	$805,700	+8.9% up 8.9%
Townhouse	256.9	$666,700	+7.8% up 7.8%
Apartment	257.6	$574,700	+12.4% up 12.4%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

King +13.3% up 13.3%
Markham +7.4% up 7.4%
Vaughan +6.9% up 6.9%
Newmarket +4.8% up 4.8%
Georgina +3.5% up 3.5%

Bottom 5

Whitchurch-Stouffville −4.7% down 4.7%
East Gwillimbury −1.9% down 1.9%
Aurora +0.7% up 0.7%
Richmond Hill +3.1% up 3.1%
Georgina +3.5% up 3.5%

Sales, month-over-month

Top 5

King +160.0% up 160.0%
Georgina +125.9% up 125.9%
Whitchurch-Stouffville +118.8% up 118.8%
Newmarket +93.3% up 93.3%
Vaughan +85.2% up 85.2%

Bottom 5

Aurora +2.5% up 2.5%
Richmond Hill +5.5% up 5.5%
East Gwillimbury +13.6% up 13.6%
Markham +62.9% up 62.9%
Vaughan +85.2% up 85.2%

York Region

King focus

King, York Region

$1,347,719

+$158,719 +13.3% up $158,719, 13.3% versus April 2020

Sales: 26
SP/LP: 95%
DOM: 45
SNLR: 40.6%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,128,933

−$55,806 −4.7% down $55,806, 4.7% versus April 2020

Sales: 35
SP/LP: 96%
DOM: 31
SNLR: 38.9%

Full history →

Vaughan focus

Vaughan, York Region

$1,100,981

+$71,152 +6.9% up $71,152, 6.9% versus April 2020

Sales: 163
SP/LP: 97%
DOM: 32
SNLR: 41.8%

Full history →

Markham focus

Markham, York Region

$1,083,884

+$74,448 +7.4% up $74,448, 7.4% versus April 2020

Sales: 158
SP/LP: 98%
DOM: 26
SNLR: 44.4%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,050,495

+$31,561 +3.1% up $31,561, 3.1% versus April 2020

Sales: 96
SP/LP: 99%
DOM: 25
SNLR: 36.1%

Full history →

Aurora focus

Aurora, York Region

$950,573

+$6,861 +0.7% up $6,861, 0.7% versus April 2020

Sales: 41
SP/LP: 97%
DOM: 23
SNLR: 37.6%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$860,292

−$16,249 −1.9% down $16,249, 1.9% versus April 2020

Sales: 25
SP/LP: 98%
DOM: 28
SNLR: 39.7%

Full history →

Newmarket focus

Newmarket, York Region

$849,851

+$39,033 +4.8% up $39,033, 4.8% versus April 2020

Sales: 87
SP/LP: 98%
DOM: 24
SNLR: 55.4%

Full history →

Georgina focus

Georgina, York Region

$637,757

+$21,564 +3.5% up $21,564, 3.5% versus April 2020

Sales: 61
SP/LP: 97%
DOM: 39
SNLR: 55.0%

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	26	+16 +160.0% up 16, 160.0% versus April 2020	$35.0M	$1,347,719	+$158,719 +13.3% up $158,719, 13.3% versus April 2020	$1,380,000	64	176	95%	45	60	40.6%	6.8
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	35	+19 +118.8% up 19, 118.8% versus April 2020	$39.5M	$1,128,933	−$55,806 −4.7% down $55,806, 4.7% versus April 2020	$880,500	90	148	96%	31	48	38.9%	4.2
Vaughan focus Vaughan, York Region	163	+75 +85.2% up 75, 85.2% versus April 2020	$179.5M	$1,100,981	+$71,152 +6.9% up $71,152, 6.9% versus April 2020	$995,000	390	615	97%	32	41	41.8%	3.8
Markham focus Markham, York Region	158	+61 +62.9% up 61, 62.9% versus April 2020	$171.3M	$1,083,884	+$74,448 +7.4% up $74,448, 7.4% versus April 2020	$964,000	356	458	98%	26	32	44.4%	2.9
Richmond Hill focus Richmond Hill, York Region	96	+5 +5.5% up 5, 5.5% versus April 2020	$100.8M	$1,050,495	+$31,561 +3.1% up $31,561, 3.1% versus April 2020	$978,000	266	450	99%	25	38	36.1%	4.7
Aurora focus Aurora, York Region	41	+1 +2.5% up 1, 2.5% versus April 2020	$39.0M	$950,573	+$6,861 +0.7% up $6,861, 0.7% versus April 2020	$880,000	109	183	97%	23	29	37.6%	4.5
East Gwillimbury focus East Gwillimbury, York Region	25	+3 +13.6% up 3, 13.6% versus April 2020	$21.5M	$860,292	−$16,249 −1.9% down $16,249, 1.9% versus April 2020	$840,000	63	118	98%	28	38	39.7%	4.7
Newmarket focus Newmarket, York Region	87	+42 +93.3% up 42, 93.3% versus April 2020	$73.9M	$849,851	+$39,033 +4.8% up $39,033, 4.8% versus April 2020	$775,000	157	171	98%	24	34	55.4%	2.0
Georgina focus Georgina, York Region	61	+34 +125.9% up 34, 125.9% versus April 2020	$38.9M	$637,757	+$21,564 +3.5% up $21,564, 3.5% versus April 2020	$585,000	111	169	97%	39	55	55.0%	2.8