Source: TRREB MarketWatch, April 2023

9 areas

York Region

April 2023

Headline indicators

All home types

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

$1,369,724

MoM +$25,213 +1.9% YoY −4.0%

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

$1,300,000

MoM +$40,000 +3.2% YoY −1.9%

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

$1,379,700

MoM +$29,000 +2.1% YoY −11.1%

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

1,370

MoM +122 +9.8% YoY +11.4%

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

$1.88B

MoM +$198,572,197 +11.8% YoY +6.9%

New listings — Properties newly listed during the month.

2,068

MoM +42 +2.1% YoY −36.7%

Active listings — Listings available at month end.

1,812

MoM +22 +1.2% YoY −32.0%

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

MoM −2 days −11.1% YoY +33.3%

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

MoM −2 days −8.0% YoY +43.8%

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

105%

MoM +2.0 pp +1.9% YoY no change

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

66.3%

MoM +4.6 pp +7.5% YoY +76.1%

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.

1.3

MoM −0 −7.8% YoY −39.0%

Trend

13 months to April 2023

Average price

York Region average selling price over the 13 months ending April 2023.
Month	Average price
Apr '22	1426650
May '22	1369657
Jun '22	1307857
Jul '22	1274911
Aug '22	1265628
Sep '22	1246490
Oct '22	1258610
Nov '22	1309646
Dec '22	1267563
Jan '23	1285583
Feb '23	1302720
Mar '23	1344511
Apr '23	1369724

Sales

York Region sales over the 13 months ending April 2023.
Month	Sales
Apr '22	1230
May '22	1100
Jun '22	1011
Jul '22	820
Aug '22	1063
Sep '22	927
Oct '22	854
Nov '22	832
Dec '22	575
Jan '23	544
Feb '23	910
Mar '23	1248
Apr '23	1370

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,370	+122 +9.8% up 122, 9.8% versus March 2023	$1,369,724	+$25,213 +1.9% up $25,213, 1.9% versus March 2023	$1,300,000	66.3%	1.3
Detached	748	+66 +9.7% up 66, 9.7% versus March 2023	$1,695,703	+$22,546 +1.3% up $22,546, 1.3% versus March 2023	$1,600,000	62.0%	1.4
Semi-detached	68	+2 +3.0% up 2, 3.0% versus March 2023	$1,164,914	+$18,649 +1.6% up $18,649, 1.6% versus March 2023	$1,205,500	70.8%	1.0
Att/row/townhouse	202	+17 +9.2% up 17, 9.2% versus March 2023	$1,231,521	+$57,739 +4.9% up $57,739, 4.9% versus March 2023	$1,230,000	74.0%	0.9
Condo townhouse	81	+21 +35.0% up 21, 35.0% versus March 2023	$968,177	+$23,807 +2.5% up $23,807, 2.5% versus March 2023	$895,000	69.8%	1.4
Condo apartment	258	+19 +7.9% up 19, 7.9% versus March 2023	$715,934	+$17,877 +2.6% up $17,877, 2.6% versus March 2023	$679,000	70.7%	1.6
Link	13	−1 −7.1% down 1, 7.1% versus March 2023	$1,309,292	−$13,769 −1.0% down $13,769, 1.0% versus March 2023	$1,338,800	130.0%	0.3

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	375.4	$1,379,700	−11.1% down 11.1%
Single-family detached	380.8	$1,676,900	−11.4% down 11.4%
Single-family attached	400.6	$1,208,300	−10.4% down 10.4%
Townhouse	371.9	$950,600	−11.8% down 11.8%
Apartment	327.7	$690,200	−13.6% down 13.6%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

King +12.1% up 12.1%
Markham +7.5% up 7.5%
Whitchurch-Stouffville +5.1% up 5.1%
Vaughan +2.1% up 2.1%
Richmond Hill −2.6% down 2.6%

Bottom 5

Georgina −9.7% down 9.7%
Aurora −5.3% down 5.3%
East Gwillimbury −4.1% down 4.1%
Newmarket −3.7% down 3.7%
Richmond Hill −2.6% down 2.6%

Sales, month-over-month

Top 5

King +52.4% up 52.4%
Richmond Hill +22.5% up 22.5%
Markham +11.6% up 11.6%
East Gwillimbury +10.2% up 10.2%
Vaughan +7.0% up 7.0%

Bottom 5

Aurora −4.4% down 4.4%
Newmarket +1.7% up 1.7%
Whitchurch-Stouffville +2.9% up 2.9%
Georgina +3.2% up 3.2%
Vaughan +7.0% up 7.0%

York Region

King focus

King, York Region

$2,158,223

+$232,824 +12.1% up $232,824, 12.1% versus March 2023

Sales: 32
SP/LP: 95%
DOM: 23
SNLR: 38.5%

Full history →

Markham focus

Markham, York Region

$1,418,021

+$98,469 +7.5% up $98,469, 7.5% versus March 2023

Sales: 347
SP/LP: 109%
DOM: 15
SNLR: 72.1%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,411,363

−$37,791 −2.6% down $37,791, 2.6% versus March 2023

Sales: 245
SP/LP: 107%
DOM: 18
SNLR: 66.8%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,402,259

+$68,043 +5.1% up $68,043, 5.1% versus March 2023

Sales: 71
SP/LP: 107%
DOM: 16
SNLR: 62.8%

Full history →

Aurora focus

Aurora, York Region

$1,375,514

−$76,781 −5.3% down $76,781, 5.3% versus March 2023

Sales: 87
SP/LP: 104%
DOM: 12
SNLR: 75.0%

Full history →

Vaughan focus

Vaughan, York Region

$1,369,460

+$28,505 +2.1% up $28,505, 2.1% versus March 2023

Sales: 350
SP/LP: 103%
DOM: 18
SNLR: 64.7%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,328,748

−$56,887 −4.1% down $56,887, 4.1% versus March 2023

Sales: 54
SP/LP: 103%
DOM: 21
SNLR: 66.7%

Full history →

Newmarket focus

Newmarket, York Region

$1,155,714

−$44,464 −3.7% down $44,464, 3.7% versus March 2023

Sales: 120
SP/LP: 106%
DOM: 13
SNLR: 71.9%

Full history →

Georgina focus

Georgina, York Region

$947,535

−$102,068 −9.7% down $102,068, 9.7% versus March 2023

Sales: 64
SP/LP: 102%
DOM: 18
SNLR: 53.8%

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	32	+11 +52.4% up 11, 52.4% versus March 2023	$69.1M	$2,158,223	+$232,824 +12.1% up $232,824, 12.1% versus March 2023	$1,849,250	83	113	95%	23	35	38.5%	3.5
Markham focus Markham, York Region	347	+36 +11.6% up 36, 11.6% versus March 2023	$492.1M	$1,418,021	+$98,469 +7.5% up $98,469, 7.5% versus March 2023	$1,350,000	481	346	109%	15	19	72.1%	1.0
Richmond Hill focus Richmond Hill, York Region	245	+45 +22.5% up 45, 22.5% versus March 2023	$345.8M	$1,411,363	−$37,791 −2.6% down $37,791, 2.6% versus March 2023	$1,360,000	367	333	107%	18	25	66.8%	1.4
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	71	+2 +2.9% up 2, 2.9% versus March 2023	$99.6M	$1,402,259	+$68,043 +5.1% up $68,043, 5.1% versus March 2023	$1,160,000	113	120	107%	16	27	62.8%	1.7
Aurora focus Aurora, York Region	87	−4 −4.4% down 4, 4.4% versus March 2023	$119.7M	$1,375,514	−$76,781 −5.3% down $76,781, 5.3% versus March 2023	$1,340,000	116	81	104%	12	19	75.0%	0.9
Vaughan focus Vaughan, York Region	350	+23 +7.0% up 23, 7.0% versus March 2023	$479.3M	$1,369,460	+$28,505 +2.1% up $28,505, 2.1% versus March 2023	$1,345,000	541	526	103%	18	26	64.7%	1.5
East Gwillimbury focus East Gwillimbury, York Region	54	+5 +10.2% up 5, 10.2% versus March 2023	$71.8M	$1,328,748	−$56,887 −4.1% down $56,887, 4.1% versus March 2023	$1,320,000	81	78	103%	21	29	66.7%	1.4
Newmarket focus Newmarket, York Region	120	+2 +1.7% up 2, 1.7% versus March 2023	$138.7M	$1,155,714	−$44,464 −3.7% down $44,464, 3.7% versus March 2023	$1,125,500	167	97	106%	13	16	71.9%	0.8
Georgina focus Georgina, York Region	64	+2 +3.2% up 2, 3.2% versus March 2023	$60.6M	$947,535	−$102,068 −9.7% down $102,068, 9.7% versus March 2023	$886,250	119	118	102%	18	22	53.8%	1.8