Source: TRREB MarketWatch, November 2024

9 areas

York Region

November 2024

Headline indicators

All home types

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

$1,307,833

MoM −$2,848 −0.2% down $2,848, 0.2% versus October 2024 YoY +1.6% up 1.6% versus November 2023

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

$1,185,000

MoM −$15,000 −1.3% down $15,000, 1.3% versus October 2024 YoY −0.9% down 0.9% versus November 2023

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

$1,286,900

MoM −$6,200 −0.5% down $6,200, 0.5% versus October 2024 YoY −2.8% down 2.8% versus November 2023

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

1,087

MoM −78 −6.7% down 78, 6.7% versus October 2024 YoY +36.9% up 36.9% versus November 2023

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

$1.42B

MoM −$105,329,052 −6.9% down $105,329,052, 6.9% versus October 2024 YoY +39.2% up 39.2% versus November 2023

New listings — Properties newly listed during the month.

2,052

MoM −762 −27.1% down 762, 27.1% versus October 2024 YoY +11.0% up 11.0% versus November 2023

Active listings — Listings available at month end.

4,023

MoM −667 −14.2% down 667, 14.2% versus October 2024 YoY +35.9% up 35.9% versus November 2023

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

32

MoM +4 days +14.3% up 4 days, 14.3% versus October 2024 YoY +28.0% up 28.0% versus November 2023

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

51

MoM +5 days +10.9% up 5 days, 10.9% versus October 2024 YoY +27.5% up 27.5% versus November 2023

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

99%

MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus October 2024 YoY +1.0% up 1.0% versus November 2023

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

53.0%

MoM +11.6 pp +28.0% up 11.6 pp, 28.0% versus October 2024 YoY +23.3% up 23.3% versus November 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.

3.7

MoM −0 −8.1% down 0, 8.1% versus October 2024 YoY −0.7% down 0.7% versus November 2023

Trend

13 months to November 2024

Average price

York Region average selling price over the 13 months ending November 2024.
Month Average price
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
Nov '24 1307833

Sales

York Region sales over the 13 months ending November 2024.
Month Sales
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
Nov '24 1087

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 1,087 −78 −6.7% down 78, 6.7% versus October 2024 $1,307,833 −$2,848 −0.2% down $2,848, 0.2% versus October 2024 $1,185,000 53.0% 3.7
Detached 580 −30 −4.9% down 30, 4.9% versus October 2024 $1,662,261 −$2,714 −0.2% down $2,714, 0.2% versus October 2024 $1,500,000 55.1% 3.8
Semi-detached 55 −26 −32.1% down 26, 32.1% versus October 2024 $1,126,661 +$20,783 +1.9% up $20,783, 1.9% versus October 2024 $1,135,000 60.4% 2.6
Att/row/townhouse 188 −8 −4.1% down 8, 4.1% versus October 2024 $1,122,937 +$28,561 +2.6% up $28,561, 2.6% versus October 2024 $1,115,000 70.4% 2.3
Condo townhouse 48 −4 −7.7% down 4, 7.7% versus October 2024 $802,371 −$105,251 −11.6% down $105,251, 11.6% versus October 2024 $789,950 42.5% 4.4
Condo apartment 207 −5 −2.4% down 5, 2.4% versus October 2024 $651,237 −$24,120 −3.6% down $24,120, 3.6% versus October 2024 $610,000 40.3% 4.8
Link 9 −5 −35.7% down 5, 35.7% versus October 2024 $1,233,889 +$29,403 +2.4% up $29,403, 2.4% versus October 2024 $1,205,000 64.3% 1.9

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 352.6 $1,286,900 −2.8% down 2.8%
Single-family detached 376.5 $1,578,300 −1.9% down 1.9%
Single-family attached 381.7 $1,137,900 −2.0% down 2.0%
Townhouse 361.7 $909,000 −3.0% down 3.0%
Apartment 322.4 $652,800 −5.1% down 5.1%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. East Gwillimbury +23.9% up 23.9%
  2. King +9.0% up 9.0%
  3. Aurora +6.7% up 6.7%
  4. Markham +4.4% up 4.4%
  5. Whitchurch-Stouffville +1.0% up 1.0%

Bottom 5

  1. Vaughan −4.9% down 4.9%
  2. Richmond Hill −2.4% down 2.4%
  3. Georgina −2.1% down 2.1%
  4. Newmarket −1.6% down 1.6%
  5. Whitchurch-Stouffville +1.0% up 1.0%

Sales, month-over-month

Top 5

  1. Whitchurch-Stouffville +25.0% up 25.0%
  2. Newmarket +16.5% up 16.5%
  3. Georgina +7.8% up 7.8%
  4. Aurora +5.6% up 5.6%
  5. Vaughan +2.6% up 2.6%

Bottom 5

  1. Markham −20.8% down 20.8%
  2. Richmond Hill −19.8% down 19.8%
  3. King −15.6% down 15.6%
  4. East Gwillimbury −10.4% down 10.4%
  5. Vaughan +2.6% up 2.6%

York Region

King focus

King, York Region

$2,510,852

+$206,777 +9.0% up $206,777, 9.0% versus October 2024

Sales
27
SP/LP
94%
DOM
40
SNLR
44.3%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,490,313

−$36,232 −2.4% down $36,232, 2.4% versus October 2024

Sales
174
SP/LP
99%
DOM
26
SNLR
44.9%

Full history →

Aurora focus

Aurora, York Region

$1,474,672

+$93,135 +6.7% up $93,135, 6.7% versus October 2024

Sales
75
SP/LP
97%
DOM
37
SNLR
57.7%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,401,015

+$270,432 +23.9% up $270,432, 23.9% versus October 2024

Sales
43
SP/LP
99%
DOM
41
SNLR
61.4%

Full history →

Markham focus

Markham, York Region

$1,281,912

+$54,123 +4.4% up $54,123, 4.4% versus October 2024

Sales
251
SP/LP
101%
DOM
27
SNLR
53.5%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,274,868

+$12,618 +1.0% up $12,618, 1.0% versus October 2024

Sales
60
SP/LP
95%
DOM
55
SNLR
63.8%

Full history →

Vaughan focus

Vaughan, York Region

$1,234,141

−$63,151 −4.9% down $63,151, 4.9% versus October 2024

Sales
310
SP/LP
98%
DOM
31
SNLR
52.7%

Full history →

Newmarket focus

Newmarket, York Region

$1,059,916

−$17,098 −1.6% down $17,098, 1.6% versus October 2024

Sales
92
SP/LP
99%
DOM
33
SNLR
69.2%

Full history →

Georgina focus

Georgina, York Region

$823,914

−$17,900 −2.1% down $17,900, 2.1% versus October 2024

Sales
55
SP/LP
99%
DOM
31
SNLR
46.2%

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 27 −5 −15.6% down 5, 15.6% versus October 2024 $67.8M $2,510,852 +$206,777 +9.0% up $206,777, 9.0% versus October 2024 $2,225,000 61 185 94% 40 61 44.3% 6.8
Richmond Hill focus Richmond Hill, York Region 174 −43 −19.8% down 43, 19.8% versus October 2024 $259.3M $1,490,313 −$36,232 −2.4% down $36,232, 2.4% versus October 2024 $1,277,500 388 795 99% 26 44 44.9% 4.6
Aurora focus Aurora, York Region 75 +4 +5.6% up 4, 5.6% versus October 2024 $110.6M $1,474,672 +$93,135 +6.7% up $93,135, 6.7% versus October 2024 $1,265,000 130 210 97% 37 65 57.7% 2.8
East Gwillimbury focus East Gwillimbury, York Region 43 −5 −10.4% down 5, 10.4% versus October 2024 $60.2M $1,401,015 +$270,432 +23.9% up $270,432, 23.9% versus October 2024 $1,285,000 70 159 99% 41 61 61.4% 3.7
Markham focus Markham, York Region 251 −66 −20.8% down 66, 20.8% versus October 2024 $321.8M $1,281,912 +$54,123 +4.4% up $54,123, 4.4% versus October 2024 $1,210,000 469 883 101% 27 45 53.5% 3.5
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region 60 +12 +25.0% up 12, 25.0% versus October 2024 $76.5M $1,274,868 +$12,618 +1.0% up $12,618, 1.0% versus October 2024 $1,057,500 94 207 95% 55 77 63.8% 3.5
Vaughan focus Vaughan, York Region 310 +8 +2.6% up 8, 2.6% versus October 2024 $382.6M $1,234,141 −$63,151 −4.9% down $63,151, 4.9% versus October 2024 $1,206,500 588 1,099 98% 31 51 52.7% 3.5
Newmarket focus Newmarket, York Region 92 +13 +16.5% up 13, 16.5% versus October 2024 $97.5M $1,059,916 −$17,098 −1.6% down $17,098, 1.6% versus October 2024 $993,500 133 218 99% 33 45 69.2% 2.4
Georgina focus Georgina, York Region 55 +4 +7.8% up 4, 7.8% versus October 2024 $45.3M $823,914 −$17,900 −2.1% down $17,900, 2.1% versus October 2024 $795,000 119 267 99% 31 44 46.2% 4.8