Source: TRREB MarketWatch, October 2024

9 areas

York Region

October 2024

Headline indicators

All home types

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

$1,310,681

MoM +$46,891 +3.7% up $46,891, 3.7% versus September 2024 YoY +1.4% up 1.4% versus October 2023

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

$1,200,000

MoM +$35,000 +3.0% up $35,000, 3.0% versus September 2024 YoY −0.7% down 0.7% versus October 2023

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

$1,293,100

MoM −$10,100 −0.8% down $10,100, 0.8% versus September 2024 YoY −4.4% down 4.4% versus October 2023

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

1,165

MoM +290 +33.1% up 290, 33.1% versus September 2024 YoY +37.4% up 37.4% versus October 2023

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

$1.53B

MoM +$421,127,803 +38.1% up $421,127,803, 38.1% versus September 2024 YoY +39.2% up 39.2% versus October 2023

New listings — Properties newly listed during the month.

2,814

MoM −581 −17.1% down 581, 17.1% versus September 2024 YoY +9.2% up 9.2% versus October 2023

Active listings — Listings available at month end.

4,690

MoM −249 −5.0% down 249, 5.0% versus September 2024 YoY +34.8% up 34.8% versus October 2023

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

28

MoM −1 day −3.4% down 1 day, 3.4% versus September 2024 YoY +33.3% up 33.3% versus October 2023

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

46

MoM +1 day +2.2% up 1 day, 2.2% versus September 2024 YoY +39.4% up 39.4% versus October 2023

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

98%

MoM no change no change versus September 2024 YoY −1.0% down 1.0% versus October 2023

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

41.4%

MoM +15.6 pp +60.6% up 15.6 pp, 60.6% versus September 2024 YoY +25.8% up 25.8% versus October 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.

4.0

MoM −2 −28.7% down 2, 28.7% versus September 2024 YoY −1.9% down 1.9% versus October 2023

Trend

13 months to October 2024

Average price

York Region average selling price over the 13 months ending October 2024.
Month Average price
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
Aug '24 1297868
Sep '24 1263790
Oct '24 1310681

Sales

York Region sales over the 13 months ending October 2024.
Month Sales
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
Aug '24 895
Sep '24 875
Oct '24 1165

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 1,165 +290 +33.1% up 290, 33.1% versus September 2024 $1,310,681 +$46,891 +3.7% up $46,891, 3.7% versus September 2024 $1,200,000 41.4% 4.0
Detached 610 +151 +32.9% up 151, 32.9% versus September 2024 $1,664,975 +$69,407 +4.3% up $69,407, 4.3% versus September 2024 $1,494,900 41.3% 4.3
Semi-detached 81 +22 +37.3% up 22, 37.3% versus September 2024 $1,105,878 +$22,576 +2.1% up $22,576, 2.1% versus September 2024 $1,100,000 56.3% 2.1
Att/row/townhouse 196 +71 +56.8% up 71, 56.8% versus September 2024 $1,094,376 −$24,062 −2.2% down $24,062, 2.2% versus September 2024 $1,080,444 47.5% 2.8
Condo townhouse 52 +12 +30.0% up 12, 30.0% versus September 2024 $907,622 −$45,979 −4.8% down $45,979, 4.8% versus September 2024 $849,000 35.9% 4.6
Condo apartment 212 +25 +13.4% up 25, 13.4% versus September 2024 $675,357 +$2,214 +0.3% up $2,214, 0.3% versus September 2024 $636,000 34.4% 5.0
Link 14 +10 +250.0% up 10, 250.0% versus September 2024 $1,204,486 +$48,536 +4.2% up $48,536, 4.2% versus September 2024 $1,207,500 82.3% 1.5
Co-ownership apartment 0 n/a not available, prior month not on file versus September 2024 $619,700 n/a not available, prior month not on file versus September 2024 $619,700

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 354.3 $1,293,100 −4.4% down 4.4%
Single-family detached 378.4 $1,586,400 −3.5% down 3.5%
Single-family attached 381.5 $1,137,300 −4.5% down 4.5%
Townhouse 368 $924,900 −4.1% down 4.1%
Apartment 326.2 $660,500 −4.8% down 4.8%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. King +26.2% up 26.2%
  2. Richmond Hill +11.8% up 11.8%
  3. Vaughan +2.1% up 2.1%
  4. Georgina +1.0% up 1.0%
  5. Markham −0.7% down 0.7%

Bottom 5

  1. Aurora −8.2% down 8.2%
  2. East Gwillimbury −6.5% down 6.5%
  3. Newmarket −4.6% down 4.6%
  4. Whitchurch-Stouffville −4.5% down 4.5%
  5. Markham −0.7% down 0.7%

Sales, month-over-month

Top 5

  1. East Gwillimbury +84.6% up 84.6%
  2. King +77.8% up 77.8%
  3. Vaughan +45.9% up 45.9%
  4. Richmond Hill +43.7% up 43.7%
  5. Markham +32.6% up 32.6%

Bottom 5

  1. Georgina −8.9% down 8.9%
  2. Newmarket no change no change
  3. Whitchurch-Stouffville +9.1% up 9.1%
  4. Aurora +29.1% up 29.1%
  5. Markham +32.6% up 32.6%

York Region

King focus

King, York Region

$2,304,075

+$478,936 +26.2% up $478,936, 26.2% versus September 2024

Sales
32
SP/LP
94%
DOM
34
SNLR
31.7%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,526,545

+$160,941 +11.8% up $160,941, 11.8% versus September 2024

Sales
217
SP/LP
97%
DOM
27
SNLR
42.5%

Full history →

Aurora focus

Aurora, York Region

$1,381,537

−$123,864 −8.2% down $123,864, 8.2% versus September 2024

Sales
71
SP/LP
99%
DOM
24
SNLR
43.3%

Full history →

Vaughan focus

Vaughan, York Region

$1,297,292

+$26,804 +2.1% up $26,804, 2.1% versus September 2024

Sales
302
SP/LP
97%
DOM
29
SNLR
38.7%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,262,250

−$59,516 −4.5% down $59,516, 4.5% versus September 2024

Sales
48
SP/LP
98%
DOM
34
SNLR
43.6%

Full history →

Markham focus

Markham, York Region

$1,227,789

−$8,614 −0.7% down $8,614, 0.7% versus September 2024

Sales
317
SP/LP
101%
DOM
26
SNLR
45.2%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,130,583

−$78,836 −6.5% down $78,836, 6.5% versus September 2024

Sales
48
SP/LP
99%
DOM
29
SNLR
43.6%

Full history →

Newmarket focus

Newmarket, York Region

$1,077,014

−$51,759 −4.6% down $51,759, 4.6% versus September 2024

Sales
79
SP/LP
99%
DOM
26
SNLR
42.9%

Full history →

Georgina focus

Georgina, York Region

$841,814

+$8,008 +1.0% up $8,008, 1.0% versus September 2024

Sales
51
SP/LP
97%
DOM
30
SNLR
33.5%

Full history →

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 32 +14 +77.8% up 14, 77.8% versus September 2024 $73.7M $2,304,075 +$478,936 +26.2% up $478,936, 26.2% versus September 2024 $2,155,750 101 201 94% 34 58 31.7% 6.3
Richmond Hill focus Richmond Hill, York Region 217 +66 +43.7% up 66, 43.7% versus September 2024 $331.3M $1,526,545 +$160,941 +11.8% up $160,941, 11.8% versus September 2024 $1,420,000 511 888 97% 27 47 42.5% 4.1
Aurora focus Aurora, York Region 71 +16 +29.1% up 16, 29.1% versus September 2024 $98.1M $1,381,537 −$123,864 −8.2% down $123,864, 8.2% versus September 2024 $1,250,000 164 257 99% 24 42 43.3% 3.6
Vaughan focus Vaughan, York Region 302 +95 +45.9% up 95, 45.9% versus September 2024 $391.8M $1,297,292 +$26,804 +2.1% up $26,804, 2.1% versus September 2024 $1,215,000 780 1,287 97% 29 48 38.7% 4.3
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region 48 +4 +9.1% up 4, 9.1% versus September 2024 $60.6M $1,262,250 −$59,516 −4.5% down $59,516, 4.5% versus September 2024 $1,200,000 110 248 98% 34 47 43.6% 5.2
Markham focus Markham, York Region 317 +78 +32.6% up 78, 32.6% versus September 2024 $389.2M $1,227,789 −$8,614 −0.7% down $8,614, 0.7% versus September 2024 $1,180,000 702 1,023 101% 26 43 45.2% 3.2
East Gwillimbury focus East Gwillimbury, York Region 48 +22 +84.6% up 22, 84.6% versus September 2024 $54.3M $1,130,583 −$78,836 −6.5% down $78,836, 6.5% versus September 2024 $1,054,500 110 196 99% 29 51 43.6% 4.1
Newmarket focus Newmarket, York Region 79 no change no change versus September 2024 $85.1M $1,077,014 −$51,759 −4.6% down $51,759, 4.6% versus September 2024 $1,020,000 184 281 99% 26 43 42.9% 3.6
Georgina focus Georgina, York Region 51 −5 −8.9% down 5, 8.9% versus September 2024 $42.9M $841,814 +$8,008 +1.0% up $8,008, 1.0% versus September 2024 $790,000 152 309 97% 30 42 33.5% 6.1