Source: TRREB MarketWatch, November 2023

9 areas

York Region

November 2023

Headline indicators

All home types

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

$1,286,617

MoM −$6,562 −0.5% YoY −1.8%

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

$1,196,000

MoM −$13,000 −1.1% YoY −1.6%

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

$1,331,900

MoM −$28,800 −2.1% YoY +2.0%

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

794

MoM −54 −6.4% YoY −4.6%

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

$1.02B

MoM −$75,041,749 −6.8% YoY −6.2%

New listings — Properties newly listed during the month.

1,848

MoM −729 −28.3% YoY +20.7%

Active listings — Listings available at month end.

2,960

MoM −519 −14.9% YoY +47.0%

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

MoM +4 days +19.0% YoY +19.0%

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

MoM +7 days +21.2% YoY +25.0%

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

98%

MoM −1.0 pp −1.0% YoY −2.0%

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

43.0%

MoM +10.1 pp +30.6% YoY −20.9%

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.

3.7

MoM −0 −9.1% YoY +54.1%

Trend

13 months to November 2023

Average price

York Region average selling price over the 13 months ending November 2023.
Month	Average price
Nov '22	1309646
Dec '22	1267563
Jan '23	1285583
Feb '23	1302720
Mar '23	1344511
Apr '23	1369724
May '23	1377590
Jun '23	1391215
Jul '23	1356977
Aug '23	1339742
Sep '23	1330636
Oct '23	1293179
Nov '23	1286617

Sales

York Region sales over the 13 months ending November 2023.
Month	Sales
Nov '22	832
Dec '22	575
Jan '23	544
Feb '23	910
Mar '23	1248
Apr '23	1370
May '23	1702
Jun '23	1302
Jul '23	919
Aug '23	921
Sep '23	795
Oct '23	848
Nov '23	794

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	794	−54 −6.4% down 54, 6.4% versus October 2023	$1,286,617	−$6,562 −0.5% down $6,562, 0.5% versus October 2023	$1,196,000	43.0%	3.7
Detached	415	−40 −8.8% down 40, 8.8% versus October 2023	$1,637,389	+$23,088 +1.4% up $23,088, 1.4% versus October 2023	$1,510,000	44.1%	3.8
Semi-detached	56	+7 +14.3% up 7, 14.3% versus October 2023	$1,079,317	−$75,279 −6.5% down $75,279, 6.5% versus October 2023	$1,051,500	67.5%	1.9
Att/row/townhouse	123	+11 +9.8% up 11, 9.8% versus October 2023	$1,103,520	−$81,188 −6.9% down $81,188, 6.9% versus October 2023	$1,080,000	49.0%	2.5
Condo townhouse	33	−7 −17.5% down 7, 17.5% versus October 2023	$837,697	+$8,085 +1.0% up $8,085, 1.0% versus October 2023	$825,000	34.0%	5.9
Condo apartment	157	−22 −12.3% down 22, 12.3% versus October 2023	$680,416	−$10,360 −1.5% down $10,360, 1.5% versus October 2023	$640,000	34.3%	4.8
Link	8	−4 −33.3% down 4, 33.3% versus October 2023	$1,099,775	−$175,856 −13.8% down $175,856, 13.8% versus October 2023	$1,070,000	47.1%	1.8
Detached condo	2	n/a not available, prior month not on file versus October 2023	$1,307,500	n/a not available, prior month not on file versus October 2023	$1,307,500	—	0.0

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	360.9	$1,331,900	+2.0% up 2.0%
Single-family detached	382.3	$1,623,700	+2.3% up 2.3%
Single-family attached	388.8	$1,170,200	+2.8% up 2.8%
Townhouse	366.7	$928,200	+7.8% up 7.8%
Apartment	333.5	$692,700	+0.2% up 0.2%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Vaughan +2.5% up 2.5%
Aurora +1.3% up 1.3%
Markham +1.3% up 1.3%
Georgina −0.1% down 0.1%
Richmond Hill −1.3% down 1.3%

Bottom 5

King −10.9% down 10.9%
East Gwillimbury −10.6% down 10.6%
Newmarket −7.4% down 7.4%
Whitchurch-Stouffville −2.7% down 2.7%
Richmond Hill −1.3% down 1.3%

Sales, month-over-month

Top 5

Aurora +56.1% up 56.1%
East Gwillimbury +38.5% up 38.5%
Newmarket no change no change
Vaughan −8.9% down 8.9%
King −9.5% down 9.5%

Bottom 5

Whitchurch-Stouffville −22.4% down 22.4%
Georgina −16.7% down 16.7%
Markham −13.4% down 13.4%
Richmond Hill −10.3% down 10.3%
King −9.5% down 9.5%

York Region

King focus

King, York Region

$1,682,316

−$205,077 −10.9% down $205,077, 10.9% versus October 2023

Sales: 19
SP/LP: 92%
DOM: 24
SNLR: 42.2%

Full history →

Aurora focus

Aurora, York Region

$1,405,728

+$18,472 +1.3% up $18,472, 1.3% versus October 2023

Sales: 64
SP/LP: 96%
DOM: 34
SNLR: 58.2%

Full history →

Markham focus

Markham, York Region

$1,350,555

+$17,379 +1.3% up $17,379, 1.3% versus October 2023

Sales: 207
SP/LP: 99%
DOM: 22
SNLR: 52.8%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,336,481

−$18,132 −1.3% down $18,132, 1.3% versus October 2023

Sales: 139
SP/LP: 98%
DOM: 22
SNLR: 40.2%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,311,002

−$36,396 −2.7% down $36,396, 2.7% versus October 2023

Sales: 38
SP/LP: 98%
DOM: 21
SNLR: 41.3%

Full history →

Vaughan focus

Vaughan, York Region

$1,270,288

+$30,921 +2.5% up $30,921, 2.5% versus October 2023

Sales: 205
SP/LP: 97%
DOM: 26
SNLR: 38.0%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,071,586

−$127,402 −10.6% down $127,402, 10.6% versus October 2023

Sales: 36
SP/LP: 96%
DOM: 29
SNLR: 52.9%

Full history →

Newmarket focus

Newmarket, York Region

$1,069,704

−$85,635 −7.4% down $85,635, 7.4% versus October 2023

Sales: 56
SP/LP: 99%
DOM: 26
SNLR: 38.1%

Full history →

Georgina focus

Georgina, York Region

$853,327

−$1,006 −0.1% down $1,006, 0.1% versus October 2023

Sales: 30
SP/LP: 97%
DOM: 29
SNLR: 27.8%

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	19	−2 −9.5% down 2, 9.5% versus October 2023	$32.0M	$1,682,316	−$205,077 −10.9% down $205,077, 10.9% versus October 2023	$1,590,000	45	129	92%	24	39	42.2%	6.8
Aurora focus Aurora, York Region	64	+23 +56.1% up 23, 56.1% versus October 2023	$90.0M	$1,405,728	+$18,472 +1.3% up $18,472, 1.3% versus October 2023	$1,191,500	110	166	96%	34	53	58.2%	2.6
Markham focus Markham, York Region	207	−32 −13.4% down 32, 13.4% versus October 2023	$279.6M	$1,350,555	+$17,379 +1.3% up $17,379, 1.3% versus October 2023	$1,293,888	392	573	99%	22	35	52.8%	2.8
Richmond Hill focus Richmond Hill, York Region	139	−16 −10.3% down 16, 10.3% versus October 2023	$185.8M	$1,336,481	−$18,132 −1.3% down $18,132, 1.3% versus October 2023	$1,252,000	346	537	98%	22	37	40.2%	3.9
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	38	−11 −22.4% down 11, 22.4% versus October 2023	$49.8M	$1,311,002	−$36,396 −2.7% down $36,396, 2.7% versus October 2023	$1,230,000	92	151	98%	21	36	41.3%	4.0
Vaughan focus Vaughan, York Region	205	−20 −8.9% down 20, 8.9% versus October 2023	$260.4M	$1,270,288	+$30,921 +2.5% up $30,921, 2.5% versus October 2023	$1,160,000	540	865	97%	26	42	38.0%	4.2
East Gwillimbury focus East Gwillimbury, York Region	36	+10 +38.5% up 10, 38.5% versus October 2023	$38.6M	$1,071,586	−$127,402 −10.6% down $127,402, 10.6% versus October 2023	$967,500	68	127	96%	29	43	52.9%	3.5
Newmarket focus Newmarket, York Region	56	no change no change versus October 2023	$59.9M	$1,069,704	−$85,635 −7.4% down $85,635, 7.4% versus October 2023	$970,000	147	210	99%	26	41	38.1%	3.8
Georgina focus Georgina, York Region	30	−6 −16.7% down 6, 16.7% versus October 2023	$25.6M	$853,327	−$1,006 −0.1% down $1,006, 0.1% versus October 2023	$796,500	108	202	97%	29	46	27.8%	6.7