Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,268,118
MoM −$39,715 −3.0% down $39,715, 3.0% versus November 2024 YoY −1.0% down 1.0% versus December 2023
Source: TRREB MarketWatch, December 2024
9 areas
York Region
December 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.
$1,182,000
MoM −$3,000 −0.3% down $3,000, 0.3% versus November 2024 YoY −1.2% down 1.2% versus December 2023
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,289,500
MoM +$2,600 +0.2% up $2,600, 0.2% versus November 2024 YoY −0.7% down 0.7% versus December 2023
Sales — Firm transactions reported through the MLS® System during the month.
665
MoM −422 −38.8% down 422, 38.8% versus November 2024 YoY +8.7% up 8.7% versus December 2023
Dollar volume — Total value of all sales in the month.
$843.3M
MoM −$578,316,354 −40.7% down $578,316,354, 40.7% versus November 2024 YoY +7.6% up 7.6% versus December 2023
New listings — Properties newly listed during the month.
772
MoM −1,280 −62.4% down 1,280, 62.4% versus November 2024 YoY +19.1% up 19.1% versus December 2023
Active listings — Listings available at month end.
2,686
MoM −1,337 −33.2% down 1,337, 33.2% versus November 2024 YoY +49.8% up 49.8% versus December 2023
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
37
MoM +5 days +15.6% up 5 days, 15.6% versus November 2024 YoY +19.4% up 19.4% versus December 2023
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
58
MoM +7 days +13.7% up 7 days, 13.7% versus November 2024 YoY +20.8% up 20.8% versus December 2023
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
99%
MoM no change no change versus November 2024 YoY +1.0% up 1.0% versus December 2023
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
86.1%
MoM +33.2 pp +62.6% up 33.2 pp, 62.6% versus November 2024 YoY −8.8% down 8.8% versus December 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 +0 +9.1% up 0, 9.1% versus November 2024 YoY +37.9% up 37.9% versus December 2023
Trend
13 months to December 2024
Average price
| Month | Average price |
|---|---|
| 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 |
| Dec '24 | 1268118 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Dec '24 | 665 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 665 | −422 −38.8% down 422, 38.8% versus November 2024 | $1,268,118 | −$39,715 −3.0% down $39,715, 3.0% versus November 2024 | $1,182,000 | 86.1% | 4.0 |
| Detached | 324 | −256 −44.1% down 256, 44.1% versus November 2024 | $1,643,764 | −$18,497 −1.1% down $18,497, 1.1% versus November 2024 | $1,482,500 | 86.2% | 4.5 |
| Semi-detached | 38 | −17 −30.9% down 17, 30.9% versus November 2024 | $1,129,697 | +$3,036 +0.3% up $3,036, 0.3% versus November 2024 | $1,130,000 | 100.0% | 2.4 |
| Att/row/townhouse | 122 | −66 −35.1% down 66, 35.1% versus November 2024 | $1,136,817 | +$13,880 +1.2% up $13,880, 1.2% versus November 2024 | $1,125,000 | 98.4% | 2.2 |
| Condo townhouse | 31 | −17 −35.4% down 17, 35.4% versus November 2024 | $852,510 | +$50,139 +6.2% up $50,139, 6.2% versus November 2024 | $830,000 | 59.6% | 4.9 |
| Condo apartment | 142 | −65 −31.4% down 65, 31.4% versus November 2024 | $654,536 | +$3,299 +0.5% up $3,299, 0.5% versus November 2024 | $637,500 | 82.1% | 5.1 |
| Link | 8 | −1 −11.1% down 1, 11.1% versus November 2024 | $1,215,861 | −$18,028 −1.5% down $18,028, 1.5% versus November 2024 | $1,237,500 | 88.9% | 1.4 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 353.3 | $1,289,500 | −0.7% down 0.7% |
| Single-family detached | 377.4 | $1,581,900 | +0.2% up 0.2% |
| Single-family attached | 382.7 | $1,140,700 | −0.4% down 0.4% |
| Townhouse | 362.8 | $911,600 | +0.5% up 0.5% |
| Apartment | 320.8 | $649,700 | −3.4% down 3.4% |
Movers within York Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Georgina +7.3% up 7.3%
- Whitchurch-Stouffville +2.6% up 2.6%
- Aurora +1.6% up 1.6%
- Vaughan +1.3% up 1.3%
- Newmarket −3.0% down 3.0%
Bottom 5
- East Gwillimbury −14.5% down 14.5%
- King −7.9% down 7.9%
- Markham −7.5% down 7.5%
- Richmond Hill −4.7% down 4.7%
- Newmarket −3.0% down 3.0%
Sales, month-over-month
Top 5
- Richmond Hill −19.5% down 19.5%
- Georgina −25.5% down 25.5%
- Markham −39.0% down 39.0%
- Whitchurch-Stouffville −40.0% down 40.0%
- Newmarket −43.5% down 43.5%
Bottom 5
- King −51.9% down 51.9%
- East Gwillimbury −51.2% down 51.2%
- Aurora −48.0% down 48.0%
- Vaughan −45.2% down 45.2%
- Newmarket −43.5% down 43.5%
York Region
King focus
King, York Region
$2,312,181
−$198,671 −7.9% down $198,671, 7.9% versus November 2024
- Sales
- 13
- SP/LP
- 93%
- DOM
- 63
- SNLR
- 92.9%
Aurora focus
Aurora, York Region
$1,498,726
+$24,054 +1.6% up $24,054, 1.6% versus November 2024
- Sales
- 39
- SP/LP
- 97%
- DOM
- 33
- SNLR
- 97.5%
Richmond Hill focus
Richmond Hill, York Region
$1,420,907
−$69,406 −4.7% down $69,406, 4.7% versus November 2024
- Sales
- 140
- SP/LP
- 99%
- DOM
- 42
- SNLR
- 94.6%
Whitchurch-Stouffville focus
Whitchurch-Stouffville, York Region
$1,308,646
+$33,778 +2.6% up $33,778, 2.6% versus November 2024
- Sales
- 36
- SP/LP
- 98%
- DOM
- 35
- SNLR
- 87.8%
Vaughan focus
Vaughan, York Region
$1,249,702
+$15,561 +1.3% up $15,561, 1.3% versus November 2024
- Sales
- 170
- SP/LP
- 99%
- DOM
- 34
- SNLR
- 81.0%
East Gwillimbury focus
East Gwillimbury, York Region
$1,198,352
−$202,663 −14.5% down $202,663, 14.5% versus November 2024
- Sales
- 21
- SP/LP
- 96%
- DOM
- 41
- SNLR
- 72.4%
Markham focus
Markham, York Region
$1,185,914
−$95,998 −7.5% down $95,998, 7.5% versus November 2024
- Sales
- 153
- SP/LP
- 100%
- DOM
- 35
- SNLR
- 77.7%
Newmarket focus
Newmarket, York Region
$1,027,827
−$32,089 −3.0% down $32,089, 3.0% versus November 2024
- Sales
- 52
- SP/LP
- 100%
- DOM
- 34
- SNLR
- 115.6%
Georgina focus
Georgina, York Region
$884,022
+$60,108 +7.3% up $60,108, 7.3% versus November 2024
- Sales
- 41
- SP/LP
- 98%
- DOM
- 43
- SNLR
- 85.4%
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 | 13 | −14 −51.9% down 14, 51.9% versus November 2024 | $30.1M | $2,312,181 | −$198,671 −7.9% down $198,671, 7.9% versus November 2024 | $2,475,000 | 14 | 134 | 93% | 63 | 91 | 92.9% | 10.3 |
| Aurora focus Aurora, York Region | 39 | −36 −48.0% down 36, 48.0% versus November 2024 | $58.5M | $1,498,726 | +$24,054 +1.6% up $24,054, 1.6% versus November 2024 | $1,290,000 | 40 | 133 | 97% | 33 | 65 | 97.5% | 3.4 |
| Richmond Hill focus Richmond Hill, York Region | 140 | −34 −19.5% down 34, 19.5% versus November 2024 | $198.9M | $1,420,907 | −$69,406 −4.7% down $69,406, 4.7% versus November 2024 | $1,300,000 | 148 | 531 | 99% | 42 | 65 | 94.6% | 3.8 |
| Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region | 36 | −24 −40.0% down 24, 40.0% versus November 2024 | $47.1M | $1,308,646 | +$33,778 +2.6% up $33,778, 2.6% versus November 2024 | $1,239,500 | 41 | 150 | 98% | 35 | 38 | 87.8% | 4.2 |
| Vaughan focus Vaughan, York Region | 170 | −140 −45.2% down 140, 45.2% versus November 2024 | $212.4M | $1,249,702 | +$15,561 +1.3% up $15,561, 1.3% versus November 2024 | $1,207,500 | 210 | 725 | 99% | 34 | 56 | 81.0% | 4.3 |
| East Gwillimbury focus East Gwillimbury, York Region | 21 | −22 −51.2% down 22, 51.2% versus November 2024 | $25.2M | $1,198,352 | −$202,663 −14.5% down $202,663, 14.5% versus November 2024 | $1,150,000 | 29 | 102 | 96% | 41 | 53 | 72.4% | 4.9 |
| Markham focus Markham, York Region | 153 | −98 −39.0% down 98, 39.0% versus November 2024 | $181.4M | $1,185,914 | −$95,998 −7.5% down $95,998, 7.5% versus November 2024 | $1,208,500 | 197 | 586 | 100% | 35 | 53 | 77.7% | 3.8 |
| Newmarket focus Newmarket, York Region | 52 | −40 −43.5% down 40, 43.5% versus November 2024 | $53.4M | $1,027,827 | −$32,089 −3.0% down $32,089, 3.0% versus November 2024 | $1,000,000 | 45 | 136 | 100% | 34 | 52 | 115.6% | 2.6 |
| Georgina focus Georgina, York Region | 41 | −14 −25.5% down 14, 25.5% versus November 2024 | $36.2M | $884,022 | +$60,108 +7.3% up $60,108, 7.3% versus November 2024 | $890,000 | 48 | 189 | 98% | 43 | 76 | 85.4% | 4.6 |