Source: TRREB MarketWatch, March 2022

9 areas

York Region

March 2022

Headline indicators

All home types

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

$1,515,897

MoM −$71,706 −4.5% YoY +19.8%

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

$1,415,000

MoM −$50,000 −3.4% YoY +21.1%

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

$1,551,900

MoM +$51,100 +3.4% YoY +38.9%

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

1,921

MoM +260 +15.7% YoY −34.0%

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

$2.91B

MoM +$275,029,956 +10.4% YoY −21.0%

New listings — Properties newly listed during the month.

3,994

MoM +1,134 +39.7% YoY −15.6%

Active listings — Listings available at month end.

2,217

MoM +631 +39.8% YoY −11.9%

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

MoM no change YoY −10.0%

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

MoM no change YoY −14.3%

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

111%

MoM −4.0 pp −3.5% YoY +3.7%

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

48.1%

MoM −10.0 pp −17.2% YoY −21.8%

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 +20.9% YoY +33.5%

Trend

13 months to March 2022

Average price

York Region average selling price over the 13 months ending March 2022.
Month	Average price
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
Dec '21	1425366
Jan '22	1519583
Feb '22	1587603
Mar '22	1515897

Sales

York Region sales over the 13 months ending March 2022.
Month	Sales
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
Dec '21	1051
Jan '22	920
Feb '22	1661
Mar '22	1921

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,921	+260 +15.7% up 260, 15.7% versus February 2022	$1,515,897	−$71,706 −4.5% down $71,706, 4.5% versus February 2022	$1,415,000	48.1%	1.1
Detached	1,036	+121 +13.2% up 121, 13.2% versus February 2022	$1,892,716	−$100,025 −5.0% down $100,025, 5.0% versus February 2022	$1,773,940	45.9%	1.3
Semi-detached	134	+23 +20.7% up 23, 20.7% versus February 2022	$1,333,232	−$77,562 −5.5% down $77,562, 5.5% versus February 2022	$1,350,000	50.0%	0.9
Att/row/townhouse	251	+41 +19.5% up 41, 19.5% versus February 2022	$1,320,830	−$60,126 −4.4% down $60,126, 4.4% versus February 2022	$1,325,000	41.5%	1.1
Condo townhouse	110	+20 +22.2% up 20, 22.2% versus February 2022	$1,063,461	+$41,046 +4.0% up $41,046, 4.0% versus February 2022	$1,036,500	56.1%	0.8
Condo apartment	367	+44 +13.6% up 44, 13.6% versus February 2022	$791,329	−$4,354 −0.5% down $4,354, 0.5% versus February 2022	$750,000	59.5%	0.9
Link	20	+8 +66.7% up 8, 66.7% versus February 2022	$1,425,694	−$76,664 −5.1% down $76,664, 5.1% versus February 2022	$1,404,000	41.7%	1.4
Co-op apartment	0	no change no change versus February 2022	$0	no change no change versus February 2022	—	—	—
Detached condo	3	+3 up 3 versus February 2022	$1,696,667	+$1,696,667 up $1,696,667 versus February 2022	$1,600,000	150.0%	0.7
Co-ownership apartment	0	no change no change versus February 2022	$0	no change no change versus February 2022	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	455.5	$1,551,900	+38.9% up 38.9%
Single-family detached	462.6	$1,788,400	+36.1% up 36.1%
Single-family attached	471.8	$1,363,600	+40.3% up 40.3%
Townhouse	417.3	$1,079,900	+39.3% up 39.3%
Apartment	393.2	$853,600	+43.6% up 43.6%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Richmond Hill +2.6% up 2.6%
Aurora −1.2% down 1.2%
Whitchurch-Stouffville −3.0% down 3.0%
Vaughan −3.6% down 3.6%
Georgina −4.2% down 4.2%

Bottom 5

King −21.9% down 21.9%
Markham −8.1% down 8.1%
East Gwillimbury −6.8% down 6.8%
Newmarket −4.3% down 4.3%
Georgina −4.2% down 4.2%

Sales, month-over-month

Top 5

Markham +37.6% up 37.6%
East Gwillimbury +28.4% up 28.4%
Vaughan +13.2% up 13.2%
Richmond Hill +11.1% up 11.1%
King +7.9% up 7.9%

Bottom 5

Georgina +1.8% up 1.8%
Whitchurch-Stouffville +2.5% up 2.5%
Newmarket +2.7% up 2.7%
Aurora +3.9% up 3.9%
King +7.9% up 7.9%

York Region

King focus

King, York Region

$2,513,540

−$704,892 −21.9% down $704,892, 21.9% versus February 2022

Sales: 41
SP/LP: 102%
DOM: 17
SNLR: 47.7%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,679,758

−$52,703 −3.0% down $52,703, 3.0% versus February 2022

Sales: 82
SP/LP: 109%
DOM: 6
SNLR: 39.2%

Full history →

Aurora focus

Aurora, York Region

$1,614,331

−$18,928 −1.2% down $18,928, 1.2% versus February 2022

Sales: 133
SP/LP: 111%
DOM: 8
SNLR: 46.8%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,585,652

+$40,333 +2.6% up $40,333, 2.6% versus February 2022

Sales: 319
SP/LP: 111%
DOM: 9
SNLR: 46.6%

Full history →

Vaughan focus

Vaughan, York Region

$1,548,926

−$58,665 −3.6% down $58,665, 3.6% versus February 2022

Sales: 505
SP/LP: 109%
DOM: 8
SNLR: 48.9%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,522,863

−$110,748 −6.8% down $110,748, 6.8% versus February 2022

Sales: 86
SP/LP: 114%
DOM: 10
SNLR: 47.0%

Full history →

Markham focus

Markham, York Region

$1,433,264

−$125,783 −8.1% down $125,783, 8.1% versus February 2022

Sales: 490
SP/LP: 114%
DOM: 8
SNLR: 49.5%

Full history →

Newmarket focus

Newmarket, York Region

$1,381,836

−$61,854 −4.3% down $61,854, 4.3% versus February 2022

Sales: 154
SP/LP: 112%
DOM: 9
SNLR: 50.7%

Full history →

Georgina focus

Georgina, York Region

$1,103,039

−$48,658 −4.2% down $48,658, 4.2% versus February 2022

Sales: 111
SP/LP: 114%
DOM: 12
SNLR: 50.0%

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	41	+3 +7.9% up 3, 7.9% versus February 2022	$103.1M	$2,513,540	−$704,892 −21.9% down $704,892, 21.9% versus February 2022	$2,500,000	86	72	102%	17	24	47.7%	1.8
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	82	+2 +2.5% up 2, 2.5% versus February 2022	$137.7M	$1,679,758	−$52,703 −3.0% down $52,703, 3.0% versus February 2022	$1,399,000	209	116	109%	6	10	39.2%	1.4
Aurora focus Aurora, York Region	133	+5 +3.9% up 5, 3.9% versus February 2022	$214.7M	$1,614,331	−$18,928 −1.2% down $18,928, 1.2% versus February 2022	$1,516,000	284	145	111%	8	10	46.8%	1.1
Richmond Hill focus Richmond Hill, York Region	319	+32 +11.1% up 32, 11.1% versus February 2022	$505.8M	$1,585,652	+$40,333 +2.6% up $40,333, 2.6% versus February 2022	$1,520,000	684	429	111%	9	12	46.6%	1.3
Vaughan focus Vaughan, York Region	505	+59 +13.2% up 59, 13.2% versus February 2022	$782.2M	$1,548,926	−$58,665 −3.6% down $58,665, 3.6% versus February 2022	$1,490,000	1,032	550	109%	8	11	48.9%	1.1
East Gwillimbury focus East Gwillimbury, York Region	86	+19 +28.4% up 19, 28.4% versus February 2022	$131.0M	$1,522,863	−$110,748 −6.8% down $110,748, 6.8% versus February 2022	$1,467,500	183	108	114%	10	13	47.0%	1.3
Markham focus Markham, York Region	490	+134 +37.6% up 134, 37.6% versus February 2022	$702.3M	$1,433,264	−$125,783 −8.1% down $125,783, 8.1% versus February 2022	$1,400,000	990	527	114%	8	11	49.5%	1.1
Newmarket focus Newmarket, York Region	154	+4 +2.7% up 4, 2.7% versus February 2022	$212.8M	$1,381,836	−$61,854 −4.3% down $61,854, 4.3% versus February 2022	$1,315,000	304	154	112%	9	11	50.7%	1.0
Georgina focus Georgina, York Region	111	+2 +1.8% up 2, 1.8% versus February 2022	$122.4M	$1,103,039	−$48,658 −4.2% down $48,658, 4.2% versus February 2022	$1,065,000	222	116	114%	12	14	50.0%	1.1