Source: TRREB MarketWatch, November 2022

9 areas

York Region

November 2022

Headline indicators

All home types

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

$1,309,646

MoM +$51,036 +4.1% YoY −6.1%

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

$1,215,000

MoM +$36,500 +3.1% YoY −7.6%

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

$1,317,200

MoM +$1,700 +0.1% YoY −1.6%

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

832

MoM −22 −2.6% YoY −47.4%

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

$1.09B

MoM +$14,772,351 +1.4% YoY −50.6%

New listings — Properties newly listed during the month.

1,531

MoM −206 −11.9% YoY −14.8%

Active listings — Listings available at month end.

2,013

MoM −211 −9.5% YoY +78.6%

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

MoM no change YoY +61.5%

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

MoM no change YoY +77.8%

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

100%

MoM +1.0 pp +1.0% YoY −8.3%

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

54.3%

MoM +5.2 pp +10.5% YoY −38.3%

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.

2.4

MoM −0 −7.1% YoY +239.8%

Trend

13 months to November 2022

Average price

York Region average selling price over the 13 months ending November 2022.
Month	Average price
Nov '21	1394713
Dec '21	1425366
Jan '22	1519583
Feb '22	1587603
Mar '22	1515897
Apr '22	1426650
May '22	1369657
Jun '22	1307857
Jul '22	1274911
Aug '22	1265628
Sep '22	1246490
Oct '22	1258610
Nov '22	1309646

Sales

York Region sales over the 13 months ending November 2022.
Month	Sales
Nov '21	1583
Dec '21	1051
Jan '22	920
Feb '22	1661
Mar '22	1921
Apr '22	1230
May '22	1100
Jun '22	1011
Jul '22	820
Aug '22	1063
Sep '22	927
Oct '22	854
Nov '22	832

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	832	−22 −2.6% down 22, 2.6% versus October 2022	$1,309,646	+$51,036 +4.1% up $51,036, 4.1% versus October 2022	$1,215,000	54.3%	2.4
Detached	457	+11 +2.5% up 11, 2.5% versus October 2022	$1,644,439	+$88,338 +5.7% up $88,338, 5.7% versus October 2022	$1,505,800	56.3%	2.5
Semi-detached	46	−14 −23.3% down 14, 23.3% versus October 2022	$1,057,360	−$45,932 −4.2% down $45,932, 4.2% versus October 2022	$1,070,000	64.8%	1.4
Att/row/townhouse	111	−15 −11.9% down 15, 11.9% versus October 2022	$1,081,335	−$65,383 −5.7% down $65,383, 5.7% versus October 2022	$1,086,000	59.0%	1.5
Condo townhouse	66	+10 +17.9% up 10, 17.9% versus October 2022	$865,829	−$42,510 −4.7% down $42,510, 4.7% versus October 2022	$792,500	69.5%	1.8
Condo apartment	140	−17 −10.8% down 17, 10.8% versus October 2022	$693,118	+$2,027 +0.3% up $2,027, 0.3% versus October 2022	$660,500	39.8%	3.6
Link	12	+4 +50.0% up 4, 50.0% versus October 2022	$1,272,417	+$68,692 +5.7% up $68,692, 5.7% versus October 2022	$1,320,000	120.0%	0.5

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	358.4	$1,317,200	−1.6% down 1.6%
Single-family detached	363.1	$1,599,200	−3.0% down 3.0%
Single-family attached	379.1	$1,143,500	−1.4% down 1.4%
Townhouse	338.8	$866,000	−0.8% down 0.8%
Apartment	328.4	$691,700	+4.6% up 4.6%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

King +41.9% up 41.9%
Whitchurch-Stouffville +26.8% up 26.8%
Vaughan +8.6% up 8.6%
Markham +4.8% up 4.8%
Richmond Hill −1.7% down 1.7%

Bottom 5

Georgina −14.8% down 14.8%
East Gwillimbury −9.3% down 9.3%
Aurora −8.7% down 8.7%
Newmarket −3.0% down 3.0%
Richmond Hill −1.7% down 1.7%

Sales, month-over-month

Top 5

East Gwillimbury +16.0% up 16.0%
Whitchurch-Stouffville +6.3% up 6.3%
Vaughan +5.3% up 5.3%
Newmarket +4.9% up 4.9%
Richmond Hill +4.3% up 4.3%

Bottom 5

Aurora −18.0% down 18.0%
Markham −15.1% down 15.1%
King −4.2% down 4.2%
Georgina no change no change
Richmond Hill +4.3% up 4.3%

York Region

King focus

King, York Region

$2,496,717

+$737,529 +41.9% up $737,529, 41.9% versus October 2022

Sales: 23
SP/LP: 93%
DOM: 35
SNLR: 52.3%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,466,684

+$309,940 +26.8% up $309,940, 26.8% versus October 2022

Sales: 51
SP/LP: 97%
DOM: 22
SNLR: 66.2%

Full history →

Vaughan focus

Vaughan, York Region

$1,359,684

+$108,219 +8.6% up $108,219, 8.6% versus October 2022

Sales: 197
SP/LP: 98%
DOM: 23
SNLR: 48.3%

Full history →

Markham focus

Markham, York Region

$1,344,123

+$61,562 +4.8% up $61,562, 4.8% versus October 2022

Sales: 208
SP/LP: 104%
DOM: 18
SNLR: 55.8%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,295,498

−$21,749 −1.7% down $21,749, 1.7% versus October 2022

Sales: 144
SP/LP: 102%
DOM: 22
SNLR: 50.4%

Full history →

Aurora focus

Aurora, York Region

$1,244,552

−$118,860 −8.7% down $118,860, 8.7% versus October 2022

Sales: 50
SP/LP: 97%
DOM: 18
SNLR: 64.1%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,172,013

−$120,139 −9.3% down $120,139, 9.3% versus October 2022

Sales: 29
SP/LP: 96%
DOM: 33
SNLR: 48.3%

Full history →

Newmarket focus

Newmarket, York Region

$1,090,896

−$34,078 −3.0% down $34,078, 3.0% versus October 2022

Sales: 85
SP/LP: 99%
DOM: 20
SNLR: 72.0%

Full history →

Georgina focus

Georgina, York Region

$766,020

−$133,589 −14.8% down $133,589, 14.8% versus October 2022

Sales: 45
SP/LP: 99%
DOM: 20
SNLR: 51.7%

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	23	−1 −4.2% down 1, 4.2% versus October 2022	$57.4M	$2,496,717	+$737,529 +41.9% up $737,529, 41.9% versus October 2022	$2,360,000	44	105	93%	35	49	52.3%	4.6
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	51	+3 +6.3% up 3, 6.3% versus October 2022	$74.8M	$1,466,684	+$309,940 +26.8% up $309,940, 26.8% versus October 2022	$1,220,000	77	118	97%	22	31	66.2%	2.3
Vaughan focus Vaughan, York Region	197	+10 +5.3% up 10, 5.3% versus October 2022	$267.9M	$1,359,684	+$108,219 +8.6% up $108,219, 8.6% versus October 2022	$1,265,000	408	588	98%	23	35	48.3%	3.0
Markham focus Markham, York Region	208	−37 −15.1% down 37, 15.1% versus October 2022	$279.6M	$1,344,123	+$61,562 +4.8% up $61,562, 4.8% versus October 2022	$1,305,400	373	398	104%	18	26	55.8%	1.9
Richmond Hill focus Richmond Hill, York Region	144	+6 +4.3% up 6, 4.3% versus October 2022	$186.6M	$1,295,498	−$21,749 −1.7% down $21,749, 1.7% versus October 2022	$1,249,000	286	372	102%	22	33	50.4%	2.6
Aurora focus Aurora, York Region	50	−11 −18.0% down 11, 18.0% versus October 2022	$62.2M	$1,244,552	−$118,860 −8.7% down $118,860, 8.7% versus October 2022	$1,143,900	78	99	97%	18	30	64.1%	2.0
East Gwillimbury focus East Gwillimbury, York Region	29	+4 +16.0% up 4, 16.0% versus October 2022	$34.0M	$1,172,013	−$120,139 −9.3% down $120,139, 9.3% versus October 2022	$1,101,900	60	100	96%	33	46	48.3%	3.5
Newmarket focus Newmarket, York Region	85	+4 +4.9% up 4, 4.9% versus October 2022	$92.7M	$1,090,896	−$34,078 −3.0% down $34,078, 3.0% versus October 2022	$1,050,000	118	111	99%	20	30	72.0%	1.3
Georgina focus Georgina, York Region	45	no change no change versus October 2022	$34.5M	$766,020	−$133,589 −14.8% down $133,589, 14.8% versus October 2022	$748,000	87	122	99%	20	28	51.7%	2.7