Source: TRREB MarketWatch, October 2021

9 areas

York Region

October 2021

Headline indicators

All home types

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

$1,376,939

MoM +$17,929 +1.3% YoY +24.4%

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

$1,280,000

MoM +$30,000 +2.4% YoY +31.3%

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

$1,249,400

MoM +$47,700 +4.0% YoY +27.5%

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

1,834

MoM +139 +8.2% YoY −4.4%

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

$2.53B

MoM +$221,784,488 +9.6% YoY +18.9%

New listings — Properties newly listed during the month.

2,070

MoM −354 −14.6% YoY −32.2%

Active listings — Listings available at month end.

1,361

MoM −354 −20.6% YoY −62.2%

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

MoM −3 days −18.8% YoY −38.1%

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

MoM −2 days −9.5% YoY −36.7%

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

107%

MoM +1.0 pp +0.9% YoY +7.0%

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

88.6%

MoM +18.7 pp +26.7% YoY +41.0%

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.

0.7

MoM −0 −26.7% YoY −60.4%

Trend

13 months to October 2021

Average price

York Region average selling price over the 13 months ending October 2021.
Month	Average price
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
Sep '21	1359010
Oct '21	1376939

Sales

York Region sales over the 13 months ending October 2021.
Month	Sales
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
Sep '21	1695
Oct '21	1834

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,834	+139 +8.2% up 139, 8.2% versus September 2021	$1,376,939	+$17,929 +1.3% up $17,929, 1.3% versus September 2021	$1,280,000	88.6%	0.7
Detached	1,005	+98 +10.8% up 98, 10.8% versus September 2021	$1,744,152	+$5,605 +0.3% up $5,605, 0.3% versus September 2021	$1,599,990	84.2%	0.9
Semi-detached	118	+10 +9.3% up 10, 9.3% versus September 2021	$1,175,640	+$27,932 +2.4% up $27,932, 2.4% versus September 2021	$1,184,400	91.5%	0.3
Att/row/townhouse	245	+8 +3.4% up 8, 3.4% versus September 2021	$1,179,361	+$29,649 +2.6% up $29,649, 2.6% versus September 2021	$1,185,000	104.3%	0.3
Condo townhouse	98	+5 +5.4% up 5, 5.4% versus September 2021	$838,398	−$1,565 −0.2% down $1,565, 0.2% versus September 2021	$808,500	84.5%	0.6
Condo apartment	346	+31 +9.8% up 31, 9.8% versus September 2021	$677,317	+$18,381 +2.8% up $18,381, 2.8% versus September 2021	$635,500	92.3%	0.8
Link	22	−10 −31.3% down 10, 31.3% versus September 2021	$1,284,036	+$2,566 +0.2% up $2,566, 0.2% versus September 2021	$1,299,000	104.8%	0.2
Co-op apartment	0	−1 −100.0% down 1, 100.0% versus September 2021	$0	−$650,000 −100.0% down $650,000, 100.0% versus September 2021	—	—	—
Detached condo	0	−2 −100.0% down 2, 100.0% versus September 2021	$0	−$1,443,500 −100.0% down $1,443,500, 100.0% versus September 2021	—	—	—
Co-ownership apartment	0	no change no change versus September 2021	$0	no change no change versus September 2021	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	366.7	$1,249,400	+27.5% up 27.5%
Single-family detached	378.5	$1,463,300	+29.0% up 29.0%
Single-family attached	377.6	$1,091,300	+29.8% up 29.8%
Townhouse	329	$851,400	+25.7% up 25.7%
Apartment	305	$662,200	+17.9% up 17.9%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

East Gwillimbury +5.7% up 5.7%
Newmarket +4.9% up 4.9%
Markham +3.1% up 3.1%
Georgina +2.6% up 2.6%
Vaughan +2.5% up 2.5%

Bottom 5

King −12.2% down 12.2%
Whitchurch-Stouffville −8.1% down 8.1%
Aurora +0.7% up 0.7%
Richmond Hill +2.0% up 2.0%
Vaughan +2.5% up 2.5%

Sales, month-over-month

Top 5

Newmarket +37.4% up 37.4%
Aurora +33.3% up 33.3%
Richmond Hill +7.1% up 7.1%
Vaughan +6.1% up 6.1%
Markham +5.3% up 5.3%

Bottom 5

Georgina −4.2% down 4.2%
East Gwillimbury −3.1% down 3.1%
King no change no change
Whitchurch-Stouffville +1.2% up 1.2%
Markham +5.3% up 5.3%

York Region

King focus

King, York Region

$2,143,825

−$298,002 −12.2% down $298,002, 12.2% versus September 2021

Sales: 44
SP/LP: 101%
DOM: 27
SNLR: 100.0%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,469,550

+$28,515 +2.0% up $28,515, 2.0% versus September 2021

Sales: 349
SP/LP: 106%
DOM: 14
SNLR: 79.3%

Full history →

Aurora focus

Aurora, York Region

$1,415,299

+$9,406 +0.7% up $9,406, 0.7% versus September 2021

Sales: 112
SP/LP: 107%
DOM: 11
SNLR: 86.2%

Full history →

Markham focus

Markham, York Region

$1,394,180

+$41,311 +3.1% up $41,311, 3.1% versus September 2021

Sales: 480
SP/LP: 110%
DOM: 13
SNLR: 86.8%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,362,174

−$120,670 −8.1% down $120,670, 8.1% versus September 2021

Sales: 85
SP/LP: 109%
DOM: 12
SNLR: 96.6%

Full history →

Vaughan focus

Vaughan, York Region

$1,361,443

+$33,172 +2.5% up $33,172, 2.5% versus September 2021

Sales: 452
SP/LP: 105%
DOM: 15
SNLR: 94.6%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,353,625

+$73,106 +5.7% up $73,106, 5.7% versus September 2021

Sales: 62
SP/LP: 109%
DOM: 11
SNLR: 83.8%

Full history →

Newmarket focus

Newmarket, York Region

$1,194,896

+$55,897 +4.9% up $55,897, 4.9% versus September 2021

Sales: 158
SP/LP: 111%
DOM: 8
SNLR: 96.3%

Full history →

Georgina focus

Georgina, York Region

$940,312

+$24,068 +2.6% up $24,068, 2.6% versus September 2021

Sales: 92
SP/LP: 110%
DOM: 15
SNLR: 92.9%

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	no change no change versus September 2021	$94.3M	$2,143,825	−$298,002 −12.2% down $298,002, 12.2% versus September 2021	$1,805,000	44	61	101%	27	41	100.0%	1.4
Richmond Hill focus Richmond Hill, York Region	349	+23 +7.1% up 23, 7.1% versus September 2021	$512.9M	$1,469,550	+$28,515 +2.0% up $28,515, 2.0% versus September 2021	$1,330,000	440	342	106%	14	21	79.3%	1.0
Aurora focus Aurora, York Region	112	+28 +33.3% up 28, 33.3% versus September 2021	$158.5M	$1,415,299	+$9,406 +0.7% up $9,406, 0.7% versus September 2021	$1,290,000	130	77	107%	11	15	86.2%	0.7
Markham focus Markham, York Region	480	+24 +5.3% up 24, 5.3% versus September 2021	$669.2M	$1,394,180	+$41,311 +3.1% up $41,311, 3.1% versus September 2021	$1,329,000	553	311	110%	13	19	86.8%	0.7
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	85	+1 +1.2% up 1, 1.2% versus September 2021	$115.8M	$1,362,174	−$120,670 −8.1% down $120,670, 8.1% versus September 2021	$1,265,000	88	62	109%	12	18	96.6%	0.7
Vaughan focus Vaughan, York Region	452	+26 +6.1% up 26, 6.1% versus September 2021	$615.4M	$1,361,443	+$33,172 +2.5% up $33,172, 2.5% versus September 2021	$1,283,000	478	327	105%	15	19	94.6%	0.7
East Gwillimbury focus East Gwillimbury, York Region	62	−2 −3.1% down 2, 3.1% versus September 2021	$83.9M	$1,353,625	+$73,106 +5.7% up $73,106, 5.7% versus September 2021	$1,335,444	74	39	109%	11	16	83.8%	0.6
Newmarket focus Newmarket, York Region	158	+43 +37.4% up 43, 37.4% versus September 2021	$188.8M	$1,194,896	+$55,897 +4.9% up $55,897, 4.9% versus September 2021	$1,150,000	164	71	111%	8	12	96.3%	0.5
Georgina focus Georgina, York Region	92	−4 −4.2% down 4, 4.2% versus September 2021	$86.5M	$940,312	+$24,068 +2.6% up $24,068, 2.6% versus September 2021	$880,000	99	71	110%	15	17	92.9%	0.8