Source: TRREB MarketWatch, April 2021

9 areas

York Region

April 2021

Headline indicators

All home types

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

$1,283,286

MoM +$17,805 +1.4% YoY +32.5%

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

$1,175,000

MoM +$6,865 +0.6% YoY +34.7%

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

$1,118,000

MoM +$22,300 +2.0% YoY +20.9%

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

2,454

MoM −457 −15.7% YoY +462.8%

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

$3.15B

MoM −$534,633,134 −14.5% YoY +645.8%

New listings — Properties newly listed during the month.

4,031

MoM −703 −14.9% YoY +305.9%

Active listings — Listings available at month end.

2,706

MoM +190 +7.6% YoY +19.4%

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

MoM +2 days +20.0% YoY −45.5%

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

MoM +2 days +14.3% YoY −44.8%

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

105%

MoM −2.0 pp −1.9% YoY +8.2%

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

60.9%

MoM −0.6 pp −1.0% YoY +38.7%

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.

1.1

MoM +0 +27.6% YoY −78.8%

Trend

13 months to April 2021

Average price

York Region average selling price over the 13 months ending April 2021.
Month	Average price
Apr '20	968499
May '20	1010745
Jun '20	1093826
Jul '20	1093711
Aug '20	1091433
Sep '20	1066380
Oct '20	1107204
Nov '20	1094893
Dec '20	1084945
Jan '21	1168623
Feb '21	1206235
Mar '21	1265481
Apr '21	1283286

Sales

York Region sales over the 13 months ending April 2021.
Month	Sales
Apr '20	436
May '20	692
Jun '20	1354
Jul '20	1850
Aug '20	1933
Sep '20	2038
Oct '20	1919
Nov '20	1613
Dec '20	1366
Jan '21	1288
Feb '21	2023
Mar '21	2911
Apr '21	2454

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	2,454	−457 −15.7% down 457, 15.7% versus March 2021	$1,283,286	+$17,805 +1.4% up $17,805, 1.4% versus March 2021	$1,175,000	60.9%	1.1
Detached	1,454	−257 −15.0% down 257, 15.0% versus March 2021	$1,551,551	+$7,101 +0.5% up $7,101, 0.5% versus March 2021	$1,423,500	59.4%	1.2
Semi-detached	174	−27 −13.4% down 27, 13.4% versus March 2021	$1,041,576	−$15,357 −1.5% down $15,357, 1.5% versus March 2021	$1,046,500	69.0%	0.7
Att/row/townhouse	346	−30 −8.0% down 30, 8.0% versus March 2021	$1,037,258	+$5,887 +0.6% up $5,887, 0.6% versus March 2021	$1,000,000	61.1%	0.9
Condo townhouse	116	−19 −14.1% down 19, 14.1% versus March 2021	$816,599	+$5,393 +0.7% up $5,393, 0.7% versus March 2021	$785,000	63.7%	1.1
Condo apartment	330	−117 −26.2% down 117, 26.2% versus March 2021	$667,871	+$34,725 +5.5% up $34,725, 5.5% versus March 2021	$628,000	63.7%	1.0
Link	33	−8 −19.5% down 8, 19.5% versus March 2021	$1,114,848	−$67,949 −5.7% down $67,949, 5.7% versus March 2021	$1,100,000	66.0%	0.5
Co-op apartment	0	no change no change versus March 2021	$0	no change no change versus March 2021	—	0.0%	—
Detached condo	1	+1 up 1 versus March 2021	$1,190,000	+$1,190,000 up $1,190,000 versus March 2021	$1,190,000	100.0%	1.0
Co-ownership apartment	0	no change no change versus March 2021	$0	no change no change versus March 2021	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	330.7	$1,118,000	+20.9% up 20.9%
Single-family detached	340.7	$1,297,400	+24.4% up 24.4%
Single-family attached	341.5	$986,900	+22.7% up 22.7%
Townhouse	305.5	$792,900	+19.5% up 19.5%
Apartment	276.4	$616,600	+7.7% up 7.7%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

East Gwillimbury +6.0% up 6.0%
Vaughan +1.9% up 1.9%
Richmond Hill +1.8% up 1.8%
Markham +1.2% up 1.2%
Whitchurch-Stouffville +0.4% up 0.4%

Bottom 5

King −2.1% down 2.1%
Georgina −2.1% down 2.1%
Newmarket −1.7% down 1.7%
Aurora −1.5% down 1.5%
Whitchurch-Stouffville +0.4% up 0.4%

Sales, month-over-month

Top 5

Aurora +1.6% up 1.6%
King −6.8% down 6.8%
Whitchurch-Stouffville −6.9% down 6.9%
East Gwillimbury −8.5% down 8.5%
Markham −12.3% down 12.3%

Bottom 5

Newmarket −25.4% down 25.4%
Georgina −23.1% down 23.1%
Vaughan −19.5% down 19.5%
Richmond Hill −19.0% down 19.0%
Markham −12.3% down 12.3%

York Region

King focus

King, York Region

$1,895,554

−$41,042 −2.1% down $41,042, 2.1% versus March 2021

Sales: 68
SP/LP: 100%
DOM: 15
SNLR: 55.3%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,386,801

+$24,505 +1.8% up $24,505, 1.8% versus March 2021

Sales: 392
SP/LP: 105%
DOM: 13
SNLR: 51.4%

Full history →

Vaughan focus

Vaughan, York Region

$1,313,393

+$24,975 +1.9% up $24,975, 1.9% versus March 2021

Sales: 582
SP/LP: 104%
DOM: 11
SNLR: 58.2%

Full history →

Markham focus

Markham, York Region

$1,303,653

+$15,702 +1.2% up $15,702, 1.2% versus March 2021

Sales: 613
SP/LP: 109%
DOM: 10
SNLR: 61.1%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,298,051

+$5,546 +0.4% up $5,546, 0.4% versus March 2021

Sales: 135
SP/LP: 105%
DOM: 12
SNLR: 71.8%

Full history →

Aurora focus

Aurora, York Region

$1,278,021

−$18,982 −1.5% down $18,982, 1.5% versus March 2021

Sales: 190
SP/LP: 105%
DOM: 10
SNLR: 70.9%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,253,831

+$71,168 +6.0% up $71,168, 6.0% versus March 2021

Sales: 118
SP/LP: 105%
DOM: 17
SNLR: 86.1%

Full history →

Newmarket focus

Newmarket, York Region

$1,079,704

−$19,122 −1.7% down $19,122, 1.7% versus March 2021

Sales: 206
SP/LP: 106%
DOM: 9
SNLR: 61.0%

Full history →

Georgina focus

Georgina, York Region

$831,293

−$17,411 −2.1% down $17,411, 2.1% versus March 2021

Sales: 150
SP/LP: 105%
DOM: 13
SNLR: 70.8%

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	68	−5 −6.8% down 5, 6.8% versus March 2021	$128.9M	$1,895,554	−$41,042 −2.1% down $41,042, 2.1% versus March 2021	$1,889,400	123	145	100%	15	20	55.3%	2.1
Richmond Hill focus Richmond Hill, York Region	392	−92 −19.0% down 92, 19.0% versus March 2021	$543.6M	$1,386,801	+$24,505 +1.8% up $24,505, 1.8% versus March 2021	$1,252,500	762	585	105%	13	18	51.4%	1.5
Vaughan focus Vaughan, York Region	582	−141 −19.5% down 141, 19.5% versus March 2021	$764.4M	$1,313,393	+$24,975 +1.9% up $24,975, 1.9% versus March 2021	$1,200,000	1,000	714	104%	11	16	58.2%	1.2
Markham focus Markham, York Region	613	−86 −12.3% down 86, 12.3% versus March 2021	$799.1M	$1,303,653	+$15,702 +1.2% up $15,702, 1.2% versus March 2021	$1,228,000	1,003	607	109%	10	13	61.1%	1.0
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	135	−10 −6.9% down 10, 6.9% versus March 2021	$175.2M	$1,298,051	+$5,546 +0.4% up $5,546, 0.4% versus March 2021	$1,134,500	188	114	105%	12	17	71.8%	0.8
Aurora focus Aurora, York Region	190	+3 +1.6% up 3, 1.6% versus March 2021	$242.8M	$1,278,021	−$18,982 −1.5% down $18,982, 1.5% versus March 2021	$1,200,000	268	152	105%	10	13	70.9%	0.8
East Gwillimbury focus East Gwillimbury, York Region	118	−11 −8.5% down 11, 8.5% versus March 2021	$148.0M	$1,253,831	+$71,168 +6.0% up $71,168, 6.0% versus March 2021	$1,180,500	137	87	105%	17	19	86.1%	0.7
Newmarket focus Newmarket, York Region	206	−70 −25.4% down 70, 25.4% versus March 2021	$222.4M	$1,079,704	−$19,122 −1.7% down $19,122, 1.7% versus March 2021	$1,022,500	338	182	106%	9	13	61.0%	0.9
Georgina focus Georgina, York Region	150	−45 −23.1% down 45, 23.1% versus March 2021	$124.7M	$831,293	−$17,411 −2.1% down $17,411, 2.1% versus March 2021	$780,000	212	120	105%	13	17	70.8%	0.8