Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,305,476
MoM −$79,663 −5.8% down $79,663, 5.8% versus June 2024 YoY −3.8% down 3.8% versus July 2023
Source: TRREB MarketWatch, July 2024
9 areas
York Region
July 2024
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$1,207,500
MoM −$73,082 −5.7% down $73,082, 5.7% versus June 2024 YoY −2.6% down 2.6% versus July 2023
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,338,900
MoM −$17,100 −1.3% down $17,100, 1.3% versus June 2024 YoY −5.2% down 5.2% versus July 2023
Sales — Firm transactions reported through the MLS® System during the month.
936
MoM −146 −13.5% down 146, 13.5% versus June 2024 YoY +1.8% up 1.8% versus July 2023
Dollar volume — Total value of all sales in the month.
$1.22B
MoM −$276,794,626 −18.5% down $276,794,626, 18.5% versus June 2024 YoY −2.0% down 2.0% versus July 2023
New listings — Properties newly listed during the month.
2,881
MoM −279 −8.8% down 279, 8.8% versus June 2024 YoY +21.5% up 21.5% versus July 2023
Active listings — Listings available at month end.
4,376
MoM +123 +2.9% up 123, 2.9% versus June 2024 YoY +59.1% up 59.1% versus July 2023
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
23
MoM +1 day +4.5% up 1 day, 4.5% versus June 2024 YoY +43.8% up 43.8% versus July 2023
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
36
MoM +4 days +12.5% up 4 days, 12.5% versus June 2024 YoY +63.6% up 63.6% versus July 2023
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% down 1.0 pp, 1.0% versus June 2024 YoY −2.0% down 2.0% versus July 2023
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
32.5%
MoM −1.8 pp −5.1% down 1.8 pp, 5.1% versus June 2024 YoY −16.1% down 16.1% versus July 2023
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.
4.7
MoM +1 +18.9% up 1, 18.9% versus June 2024 YoY +56.2% up 56.2% versus July 2023
Trend
13 months to July 2024
Average price
| Month | Average price |
|---|---|
| Jul '23 | 1356977 |
| Aug '23 | 1339742 |
| Sep '23 | 1330636 |
| Oct '23 | 1293179 |
| Nov '23 | 1286617 |
| Dec '23 | 1281020 |
| Jan '24 | 1210705 |
| Feb '24 | 1324423 |
| Mar '24 | 1334655 |
| Apr '24 | 1326533 |
| May '24 | 1340032 |
| Jun '24 | 1385139 |
| Jul '24 | 1305476 |
Sales
| Month | Sales |
|---|---|
| Jul '23 | 919 |
| Aug '23 | 921 |
| Sep '23 | 795 |
| Oct '23 | 848 |
| Nov '23 | 794 |
| Dec '23 | 612 |
| Jan '24 | 775 |
| Feb '24 | 1043 |
| Mar '24 | 1250 |
| Apr '24 | 1270 |
| May '24 | 1198 |
| Jun '24 | 1082 |
| Jul '24 | 936 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 936 | −146 −13.5% down 146, 13.5% versus June 2024 | $1,305,476 | −$79,663 −5.8% down $79,663, 5.8% versus June 2024 | $1,207,500 | 32.5% | 4.7 |
| Detached | 492 | −100 −16.9% down 100, 16.9% versus June 2024 | $1,632,084 | −$101,797 −5.9% down $101,797, 5.9% versus June 2024 | $1,499,000 | 32.9% | 4.9 |
| Semi-detached | 68 | no change no change versus June 2024 | $1,132,038 | −$44,407 −3.8% down $44,407, 3.8% versus June 2024 | $1,121,750 | 42.2% | 2.4 |
| Att/row/townhouse | 135 | −21 −13.5% down 21, 13.5% versus June 2024 | $1,151,590 | −$10,491 −0.9% down $10,491, 0.9% versus June 2024 | $1,145,000 | 32.9% | 3.9 |
| Condo townhouse | 62 | +4 +6.9% up 4, 6.9% versus June 2024 | $909,165 | −$28,668 −3.1% down $28,668, 3.1% versus June 2024 | $866,625 | 39.0% | 3.5 |
| Condo apartment | 169 | −24 −12.4% down 24, 12.4% versus June 2024 | $696,856 | −$9,249 −1.3% down $9,249, 1.3% versus June 2024 | $650,000 | 26.5% | 6.1 |
| Link | 10 | −5 −33.3% down 5, 33.3% versus June 2024 | $1,236,000 | −$117,793 −8.7% down $117,793, 8.7% versus June 2024 | $1,192,500 | 66.7% | 2.1 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 366.8 | $1,338,900 | −5.2% down 5.2% |
| Single-family detached | 392.2 | $1,644,100 | −4.1% down 4.1% |
| Single-family attached | 398.1 | $1,186,700 | −4.0% down 4.0% |
| Townhouse | 371 | $932,200 | −5.0% down 5.0% |
| Apartment | 333 | $674,300 | −6.7% down 6.7% |
Movers within York Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Aurora +1.2% up 1.2%
- Markham +0.5% up 0.5%
- East Gwillimbury −0.8% down 0.8%
- Georgina −3.0% down 3.0%
- Richmond Hill −7.4% down 7.4%
Bottom 5
- Whitchurch-Stouffville −14.0% down 14.0%
- King −12.2% down 12.2%
- Newmarket −7.9% down 7.9%
- Vaughan −7.7% down 7.7%
- Richmond Hill −7.4% down 7.4%
Sales, month-over-month
Top 5
- Georgina +13.8% up 13.8%
- Richmond Hill −1.2% down 1.2%
- Whitchurch-Stouffville −1.9% down 1.9%
- Newmarket −8.8% down 8.8%
- Markham −13.1% down 13.1%
Bottom 5
- East Gwillimbury −28.6% down 28.6%
- Vaughan −24.8% down 24.8%
- King −18.5% down 18.5%
- Aurora −16.9% down 16.9%
- Markham −13.1% down 13.1%
York Region
King focus
King, York Region
$2,188,409
−$305,479 −12.2% down $305,479, 12.2% versus June 2024
- Sales
- 22
- SP/LP
- 94%
- DOM
- 27
- SNLR
- 29.3%
Aurora focus
Aurora, York Region
$1,420,307
+$16,394 +1.2% up $16,394, 1.2% versus June 2024
- Sales
- 69
- SP/LP
- 98%
- DOM
- 21
- SNLR
- 36.5%
Richmond Hill focus
Richmond Hill, York Region
$1,361,145
−$108,901 −7.4% down $108,901, 7.4% versus June 2024
- Sales
- 159
- SP/LP
- 100%
- DOM
- 28
- SNLR
- 29.6%
Markham focus
Markham, York Region
$1,354,949
+$6,914 +0.5% up $6,914, 0.5% versus June 2024
- Sales
- 226
- SP/LP
- 102%
- DOM
- 21
- SNLR
- 33.6%
Whitchurch-Stouffville focus
Whitchurch-Stouffville, York Region
$1,309,690
−$213,152 −14.0% down $213,152, 14.0% versus June 2024
- Sales
- 53
- SP/LP
- 97%
- DOM
- 26
- SNLR
- 46.1%
Vaughan focus
Vaughan, York Region
$1,293,549
−$107,414 −7.7% down $107,414, 7.7% versus June 2024
- Sales
- 233
- SP/LP
- 100%
- DOM
- 22
- SNLR
- 29.7%
East Gwillimbury focus
East Gwillimbury, York Region
$1,275,826
−$10,200 −0.8% down $10,200, 0.8% versus June 2024
- Sales
- 35
- SP/LP
- 97%
- DOM
- 25
- SNLR
- 31.0%
Newmarket focus
Newmarket, York Region
$1,131,521
−$96,625 −7.9% down $96,625, 7.9% versus June 2024
- Sales
- 73
- SP/LP
- 99%
- DOM
- 23
- SNLR
- 37.6%
Georgina focus
Georgina, York Region
$834,445
−$25,814 −3.0% down $25,814, 3.0% versus June 2024
- Sales
- 66
- SP/LP
- 99%
- DOM
- 28
- SNLR
- 32.8%
All York Region areas
9 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| King focus King, York Region | 22 | −5 −18.5% down 5, 18.5% versus June 2024 | $48.1M | $2,188,409 | −$305,479 −12.2% down $305,479, 12.2% versus June 2024 | $1,675,000 | 75 | 169 | 94% | 27 | 52 | 29.3% | 7.7 |
| Aurora focus Aurora, York Region | 69 | −14 −16.9% down 14, 16.9% versus June 2024 | $98.0M | $1,420,307 | +$16,394 +1.2% up $16,394, 1.2% versus June 2024 | $1,250,000 | 189 | 235 | 98% | 21 | 34 | 36.5% | 3.4 |
| Richmond Hill focus Richmond Hill, York Region | 159 | −2 −1.2% down 2, 1.2% versus June 2024 | $216.4M | $1,361,145 | −$108,901 −7.4% down $108,901, 7.4% versus June 2024 | $1,290,000 | 537 | 838 | 100% | 28 | 39 | 29.6% | 5.3 |
| Markham focus Markham, York Region | 226 | −34 −13.1% down 34, 13.1% versus June 2024 | $306.2M | $1,354,949 | +$6,914 +0.5% up $6,914, 0.5% versus June 2024 | $1,278,000 | 672 | 961 | 102% | 21 | 31 | 33.6% | 4.3 |
| Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region | 53 | −1 −1.9% down 1, 1.9% versus June 2024 | $69.4M | $1,309,690 | −$213,152 −14.0% down $213,152, 14.0% versus June 2024 | $1,323,500 | 115 | 231 | 97% | 26 | 41 | 46.1% | 4.4 |
| Vaughan focus Vaughan, York Region | 233 | −77 −24.8% down 77, 24.8% versus June 2024 | $301.4M | $1,293,549 | −$107,414 −7.7% down $107,414, 7.7% versus June 2024 | $1,211,000 | 785 | 1,171 | 100% | 22 | 35 | 29.7% | 5.0 |
| East Gwillimbury focus East Gwillimbury, York Region | 35 | −14 −28.6% down 14, 28.6% versus June 2024 | $44.7M | $1,275,826 | −$10,200 −0.8% down $10,200, 0.8% versus June 2024 | $1,264,500 | 113 | 177 | 97% | 25 | 48 | 31.0% | 5.1 |
| Newmarket focus Newmarket, York Region | 73 | −7 −8.8% down 7, 8.8% versus June 2024 | $82.6M | $1,131,521 | −$96,625 −7.9% down $96,625, 7.9% versus June 2024 | $1,120,000 | 194 | 264 | 99% | 23 | 32 | 37.6% | 3.6 |
| Georgina focus Georgina, York Region | 66 | +8 +13.8% up 8, 13.8% versus June 2024 | $55.1M | $834,445 | −$25,814 −3.0% down $25,814, 3.0% versus June 2024 | $790,000 | 201 | 330 | 99% | 28 | 41 | 32.8% | 5.0 |