Source: TRREB MarketWatch, November 2021

9 areas

York Region

November 2021

Headline indicators

All home types

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

$1,394,713

MoM +$17,774 +1.3% YoY +27.4%

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

$1,315,000

MoM +$35,000 +2.7% YoY +33.4%

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

$1,305,300

MoM +$55,900 +4.5% YoY +32.2%

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

1,583

MoM −251 −13.7% YoY −1.9%

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

$2.21B

MoM −$317,474,195 −12.6% YoY +25.0%

New listings — Properties newly listed during the month.

1,796

MoM −274 −13.2% YoY −11.7%

Active listings — Listings available at month end.

1,127

MoM −234 −17.2% YoY −60.0%

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

MoM no change YoY −45.8%

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

MoM −1 day −5.3% YoY −45.5%

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

109%

MoM +2.0 pp +1.9% YoY +10.1%

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

88.1%

MoM −0.5 pp −0.5% YoY +11.1%

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 −4.1% YoY −59.2%

Trend

13 months to November 2021

Average price

York Region average selling price over the 13 months ending November 2021.
Month	Average price
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
Nov '21	1394713

Sales

York Region sales over the 13 months ending November 2021.
Month	Sales
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
Nov '21	1583

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,583	−251 −13.7% down 251, 13.7% versus October 2021	$1,394,713	+$17,774 +1.3% up $17,774, 1.3% versus October 2021	$1,315,000	88.1%	0.7
Detached	863	−142 −14.1% down 142, 14.1% versus October 2021	$1,764,076	+$19,924 +1.1% up $19,924, 1.1% versus October 2021	$1,630,000	83.5%	0.9
Semi-detached	108	−10 −8.5% down 10, 8.5% versus October 2021	$1,228,115	+$52,475 +4.5% up $52,475, 4.5% versus October 2021	$1,246,400	91.5%	0.2
Att/row/townhouse	185	−60 −24.5% down 60, 24.5% versus October 2021	$1,206,870	+$27,509 +2.3% up $27,509, 2.3% versus October 2021	$1,201,000	86.0%	0.4
Condo townhouse	82	−16 −16.3% down 16, 16.3% versus October 2021	$898,849	+$60,451 +7.2% up $60,451, 7.2% versus October 2021	$861,000	98.8%	0.5
Condo apartment	320	−26 −7.5% down 26, 7.5% versus October 2021	$695,831	+$18,514 +2.7% up $18,514, 2.7% versus October 2021	$662,750	100.6%	0.7
Link	23	+1 +4.5% up 1, 4.5% versus October 2021	$1,347,821	+$63,785 +5.0% up $63,785, 5.0% versus October 2021	$1,386,000	85.2%	0.2
Co-op apartment	0	no change no change versus October 2021	$0	no change no change versus October 2021	—	—	—
Detached condo	2	+2 up 2 versus October 2021	$1,077,500	+$1,077,500 up $1,077,500 versus October 2021	$1,077,500	100.0%	1.0
Co-ownership apartment	0	no change no change versus October 2021	$0	no change no change versus October 2021	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	383.1	$1,305,300	+32.2% up 32.2%
Single-family detached	394	$1,523,200	+32.8% up 32.8%
Single-family attached	395.2	$1,142,200	+35.1% up 35.1%
Townhouse	339.9	$879,600	+28.9% up 28.9%
Apartment	323.2	$701,700	+25.8% up 25.8%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Georgina +11.6% up 11.6%
Whitchurch-Stouffville +7.3% up 7.3%
Vaughan +2.5% up 2.5%
Newmarket +1.6% up 1.6%
Aurora +1.5% up 1.5%

Bottom 5

King −1.5% down 1.5%
Markham −0.5% down 0.5%
Richmond Hill +0.2% up 0.2%
East Gwillimbury +0.4% up 0.4%
Aurora +1.5% up 1.5%

Sales, month-over-month

Top 5

East Gwillimbury −4.8% down 4.8%
Richmond Hill −7.2% down 7.2%
Newmarket −9.5% down 9.5%
Markham −14.0% down 14.0%
Georgina −14.1% down 14.1%

Bottom 5

Aurora −23.2% down 23.2%
King −20.5% down 20.5%
Whitchurch-Stouffville −20.0% down 20.0%
Vaughan −16.8% down 16.8%
Georgina −14.1% down 14.1%

York Region

King focus

King, York Region

$2,111,360

−$32,465 −1.5% down $32,465, 1.5% versus October 2021

Sales: 35
SP/LP: 100%
DOM: 19
SNLR: 64.8%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,472,009

+$2,459 +0.2% up $2,459, 0.2% versus October 2021

Sales: 324
SP/LP: 108%
DOM: 17
SNLR: 94.5%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,461,467

+$99,293 +7.3% up $99,293, 7.3% versus October 2021

Sales: 68
SP/LP: 107%
DOM: 17
SNLR: 85.0%

Full history →

Aurora focus

Aurora, York Region

$1,437,111

+$21,812 +1.5% up $21,812, 1.5% versus October 2021

Sales: 86
SP/LP: 107%
DOM: 15
SNLR: 82.7%

Full history →

Vaughan focus

Vaughan, York Region

$1,395,331

+$33,888 +2.5% up $33,888, 2.5% versus October 2021

Sales: 376
SP/LP: 107%
DOM: 15
SNLR: 84.1%

Full history →

Markham focus

Markham, York Region

$1,386,573

−$7,607 −0.5% down $7,607, 0.5% versus October 2021

Sales: 413
SP/LP: 112%
DOM: 11
SNLR: 90.2%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,358,456

+$4,831 +0.4% up $4,831, 0.4% versus October 2021

Sales: 59
SP/LP: 112%
DOM: 10
SNLR: 76.6%

Full history →

Newmarket focus

Newmarket, York Region

$1,214,479

+$19,583 +1.6% up $19,583, 1.6% versus October 2021

Sales: 143
SP/LP: 111%
DOM: 9
SNLR: 111.7%

Full history →

Georgina focus

Georgina, York Region

$1,049,531

+$109,219 +11.6% up $109,219, 11.6% versus October 2021

Sales: 79
SP/LP: 111%
DOM: 10
SNLR: 75.2%

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	35	−9 −20.5% down 9, 20.5% versus October 2021	$73.9M	$2,111,360	−$32,465 −1.5% down $32,465, 1.5% versus October 2021	$2,058,000	54	62	100%	19	25	64.8%	1.8
Richmond Hill focus Richmond Hill, York Region	324	−25 −7.2% down 25, 7.2% versus October 2021	$476.9M	$1,472,009	+$2,459 +0.2% up $2,459, 0.2% versus October 2021	$1,365,000	343	254	108%	17	21	94.5%	0.8
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	68	−17 −20.0% down 17, 20.0% versus October 2021	$99.4M	$1,461,467	+$99,293 +7.3% up $99,293, 7.3% versus October 2021	$1,437,500	80	55	107%	17	19	85.0%	0.8
Aurora focus Aurora, York Region	86	−26 −23.2% down 26, 23.2% versus October 2021	$123.6M	$1,437,111	+$21,812 +1.5% up $21,812, 1.5% versus October 2021	$1,336,500	104	66	107%	15	18	82.7%	0.8
Vaughan focus Vaughan, York Region	376	−76 −16.8% down 76, 16.8% versus October 2021	$524.6M	$1,395,331	+$33,888 +2.5% up $33,888, 2.5% versus October 2021	$1,300,000	447	296	107%	15	19	84.1%	0.8
Markham focus Markham, York Region	413	−67 −14.0% down 67, 14.0% versus October 2021	$572.7M	$1,386,573	−$7,607 −0.5% down $7,607, 0.5% versus October 2021	$1,360,800	458	253	112%	11	16	90.2%	0.6
East Gwillimbury focus East Gwillimbury, York Region	59	−3 −4.8% down 3, 4.8% versus October 2021	$80.1M	$1,358,456	+$4,831 +0.4% up $4,831, 0.4% versus October 2021	$1,402,000	77	43	112%	10	12	76.6%	0.7
Newmarket focus Newmarket, York Region	143	−15 −9.5% down 15, 9.5% versus October 2021	$173.7M	$1,214,479	+$19,583 +1.6% up $19,583, 1.6% versus October 2021	$1,150,000	128	34	111%	9	15	111.7%	0.2
Georgina focus Georgina, York Region	79	−13 −14.1% down 13, 14.1% versus October 2021	$82.9M	$1,049,531	+$109,219 +11.6% up $109,219, 11.6% versus October 2021	$1,030,000	105	64	111%	10	11	75.2%	0.8