Source: TRREB MarketWatch, August 2021

9 areas

York Region

August 2021

Headline indicators

All home types

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

$1,290,651

MoM +$18,820 +1.5% YoY +18.3%

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

$1,200,000

MoM +$25,000 +2.1% YoY +23.1%

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

$1,177,200

MoM +$14,700 +1.3% YoY +21.2%

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

1,620

MoM −147 −8.3% YoY −16.2%

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

$2.09B

MoM −$156,470,412 −7.0% YoY −0.9%

New listings — Properties newly listed during the month.

1,966

MoM −257 −11.6% YoY −43.1%

Active listings — Listings available at month end.

1,623

MoM −298 −15.5% YoY −56.9%

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

MoM +1 day +6.3% YoY −15.0%

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

MoM +1 day +4.5% YoY −25.8%

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

105%

MoM +1.0 pp +1.0% YoY +5.0%

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

82.4%

MoM +2.9 pp +3.7% YoY +47.4%

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.

1.0

MoM −0 −7.8% YoY −48.5%

Trend

13 months to August 2021

Average price

York Region average selling price over the 13 months ending August 2021.
Month	Average price
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
May '21	1294579
Jun '21	1241833
Jul '21	1271831
Aug '21	1290651

Sales

York Region sales over the 13 months ending August 2021.
Month	Sales
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
May '21	2192
Jun '21	2015
Jul '21	1767
Aug '21	1620

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,620	−147 −8.3% down 147, 8.3% versus July 2021	$1,290,651	+$18,820 +1.5% up $18,820, 1.5% versus July 2021	$1,200,000	82.4%	1.0
Detached	902	−74 −7.6% down 74, 7.6% versus July 2021	$1,618,210	+$19,904 +1.2% up $19,904, 1.2% versus July 2021	$1,499,440	81.3%	1.1
Semi-detached	90	−50 −35.7% down 50, 35.7% versus July 2021	$1,067,516	+$14,214 +1.3% up $14,214, 1.3% versus July 2021	$1,056,500	81.1%	0.5
Att/row/townhouse	207	−23 −10.0% down 23, 10.0% versus July 2021	$1,083,233	+$20,580 +1.9% up $20,580, 1.9% versus July 2021	$1,057,000	87.7%	0.5
Condo townhouse	101	+7 +7.4% up 7, 7.4% versus July 2021	$822,991	+$19,529 +2.4% up $19,529, 2.4% versus July 2021	$790,000	109.8%	0.7
Condo apartment	291	−13 −4.3% down 13, 4.3% versus July 2021	$658,915	+$25,489 +4.0% up $25,489, 4.0% versus July 2021	$626,000	77.0%	1.3
Link	29	+6 +26.1% up 6, 26.1% versus July 2021	$1,243,369	+$51,212 +4.3% up $51,212, 4.3% versus July 2021	$1,269,000	103.6%	0.2
Co-op apartment	0	no change no change versus July 2021	$0	no change no change versus July 2021	—	0.0%	—
Detached condo	0	no change no change versus July 2021	$0	no change no change versus July 2021	—	0.0%	—
Co-ownership apartment	0	no change no change versus July 2021	$0	no change no change versus July 2021	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	345.5	$1,177,200	+21.2% up 21.2%
Single-family detached	356.9	$1,379,800	+23.2% up 23.2%
Single-family attached	352.9	$1,020,000	+23.0% up 23.0%
Townhouse	308.7	$798,800	+17.6% up 17.6%
Apartment	290.6	$630,900	+12.1% up 12.1%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

King +7.7% up 7.7%
Vaughan +4.8% up 4.8%
Georgina +3.5% up 3.5%
Markham +1.7% up 1.7%
Richmond Hill +1.4% up 1.4%

Bottom 5

East Gwillimbury −4.7% down 4.7%
Aurora −4.4% down 4.4%
Whitchurch-Stouffville −0.5% down 0.5%
Newmarket +1.1% up 1.1%
Richmond Hill +1.4% up 1.4%

Sales, month-over-month

Top 5

Georgina +16.9% up 16.9%
Vaughan +2.7% up 2.7%
Aurora −5.3% down 5.3%
King −8.3% down 8.3%
Newmarket −8.3% down 8.3%

Bottom 5

Whitchurch-Stouffville −26.4% down 26.4%
Markham −17.8% down 17.8%
East Gwillimbury −10.3% down 10.3%
Richmond Hill −9.6% down 9.6%
Newmarket −8.3% down 8.3%

York Region

King focus

King, York Region

$2,070,118

+$148,424 +7.7% up $148,424, 7.7% versus July 2021

Sales: 44
SP/LP: 98%
DOM: 26
SNLR: 80.0%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,413,421

−$6,914 −0.5% down $6,914, 0.5% versus July 2021

Sales: 64
SP/LP: 105%
DOM: 20
SNLR: 68.1%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,360,810

+$18,449 +1.4% up $18,449, 1.4% versus July 2021

Sales: 301
SP/LP: 105%
DOM: 19
SNLR: 79.0%

Full history →

Vaughan focus

Vaughan, York Region

$1,309,602

+$60,498 +4.8% up $60,498, 4.8% versus July 2021

Sales: 419
SP/LP: 103%
DOM: 18
SNLR: 79.7%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,285,711

−$63,410 −4.7% down $63,410, 4.7% versus July 2021

Sales: 61
SP/LP: 107%
DOM: 15
SNLR: 87.1%

Full history →

Markham focus

Markham, York Region

$1,279,856

+$21,542 +1.7% up $21,542, 1.7% versus July 2021

Sales: 402
SP/LP: 109%
DOM: 14
SNLR: 81.9%

Full history →

Aurora focus

Aurora, York Region

$1,176,830

−$54,450 −4.4% down $54,450, 4.4% versus July 2021

Sales: 107
SP/LP: 105%
DOM: 17
SNLR: 96.4%

Full history →

Newmarket focus

Newmarket, York Region

$1,104,770

+$11,907 +1.1% up $11,907, 1.1% versus July 2021

Sales: 132
SP/LP: 106%
DOM: 11
SNLR: 94.3%

Full history →

Georgina focus

Georgina, York Region

$958,919

+$32,790 +3.5% up $32,790, 3.5% versus July 2021

Sales: 90
SP/LP: 104%
DOM: 20
SNLR: 91.8%

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	44	−4 −8.3% down 4, 8.3% versus July 2021	$91.1M	$2,070,118	+$148,424 +7.7% up $148,424, 7.7% versus July 2021	$1,750,000	55	85	98%	26	35	80.0%	1.9
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	64	−23 −26.4% down 23, 26.4% versus July 2021	$90.5M	$1,413,421	−$6,914 −0.5% down $6,914, 0.5% versus July 2021	$1,292,000	94	86	105%	20	25	68.1%	1.3
Richmond Hill focus Richmond Hill, York Region	301	−32 −9.6% down 32, 9.6% versus July 2021	$409.6M	$1,360,810	+$18,449 +1.4% up $18,449, 1.4% versus July 2021	$1,288,000	381	384	105%	19	27	79.0%	1.3
Vaughan focus Vaughan, York Region	419	+11 +2.7% up 11, 2.7% versus July 2021	$548.7M	$1,309,602	+$60,498 +4.8% up $60,498, 4.8% versus July 2021	$1,205,000	526	457	103%	18	27	79.7%	1.1
East Gwillimbury focus East Gwillimbury, York Region	61	−7 −10.3% down 7, 10.3% versus July 2021	$78.4M	$1,285,711	−$63,410 −4.7% down $63,410, 4.7% versus July 2021	$1,286,000	70	51	107%	15	17	87.1%	0.8
Markham focus Markham, York Region	402	−87 −17.8% down 87, 17.8% versus July 2021	$514.5M	$1,279,856	+$21,542 +1.7% up $21,542, 1.7% versus July 2021	$1,260,000	491	367	109%	14	18	81.9%	0.9
Aurora focus Aurora, York Region	107	−6 −5.3% down 6, 5.3% versus July 2021	$125.9M	$1,176,830	−$54,450 −4.4% down $54,450, 4.4% versus July 2021	$1,085,000	111	67	105%	17	24	96.4%	0.6
Newmarket focus Newmarket, York Region	132	−12 −8.3% down 12, 8.3% versus July 2021	$145.8M	$1,104,770	+$11,907 +1.1% up $11,907, 1.1% versus July 2021	$1,061,000	140	60	106%	11	15	94.3%	0.5
Georgina focus Georgina, York Region	90	+13 +16.9% up 13, 16.9% versus July 2021	$86.3M	$958,919	+$32,790 +3.5% up $32,790, 3.5% versus July 2021	$864,000	98	66	104%	20	29	91.8%	0.7