Source: TRREB MarketWatch, February 2025

9 areas

York Region

February 2025

Headline indicators

All home types

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

$1,245,086

MoM +$28,903 +2.4% up $28,903, 2.4% versus January 2025 YoY −6.0% down 6.0% versus February 2024

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

$1,183,000

MoM +$33,000 +2.9% up $33,000, 2.9% versus January 2025 YoY −7.1% down 7.1% versus February 2024

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

$1,295,900

MoM +$8,900 +0.7% up $8,900, 0.7% versus January 2025 YoY −3.7% down 3.7% versus February 2024

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

737

MoM +117 +18.9% up 117, 18.9% versus January 2025 YoY −29.3% down 29.3% versus February 2024

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

$917.6M

MoM +$163,595,039 +21.7% up $163,595,039, 21.7% versus January 2025 YoY −33.6% down 33.6% versus February 2024

New listings — Properties newly listed during the month.

2,274

MoM +106 +4.9% up 106, 4.9% versus January 2025 YoY +6.7% up 6.7% versus February 2024

Active listings — Listings available at month end.

3,647

MoM +553 +17.9% up 553, 17.9% versus January 2025 YoY +83.3% up 83.3% versus February 2024

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

28

MoM −9 days −24.3% down 9 days, 24.3% versus January 2025 YoY +12.0% up 12.0% versus February 2024

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

42

MoM −12 days −22.2% down 12 days, 22.2% versus January 2025 YoY +16.7% up 16.7% versus February 2024

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% up 1.0 pp, 1.0% versus January 2025 YoY −2.0% down 2.0% versus February 2024

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

32.4%

MoM +3.8 pp +13.3% up 3.8 pp, 13.3% versus January 2025 YoY −33.8% down 33.8% versus February 2024

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.

5.0

MoM −0 −0.8% down 0, 0.8% versus January 2025 YoY +159.4% up 159.4% versus February 2024

Trend

13 months to February 2025

Average price

York Region average selling price over the 13 months ending February 2025.
Month Average price
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
Jan '25 1216183
Feb '25 1245086

Sales

York Region sales over the 13 months ending February 2025.
Month Sales
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
Jan '25 620
Feb '25 737

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 737 +117 +18.9% up 117, 18.9% versus January 2025 $1,245,086 +$28,903 +2.4% up $28,903, 2.4% versus January 2025 $1,183,000 32.4% 5.0
Detached 388 +100 +34.7% up 100, 34.7% versus January 2025 $1,564,374 −$13,458 −0.9% down $13,458, 0.9% versus January 2025 $1,435,000 32.5% 5.1
Semi-detached 41 −5 −10.9% down 5, 10.9% versus January 2025 $1,140,338 −$16,828 −1.5% down $16,828, 1.5% versus January 2025 $1,145,000 36.9% 3.0
Att/row/townhouse 95 −5 −5.0% down 5, 5.0% versus January 2025 $1,127,852 +$11,348 +1.0% up $11,348, 1.0% versus January 2025 $1,135,000 29.0% 4.4
Condo townhouse 39 +2 +5.4% up 2, 5.4% versus January 2025 $896,505 +$25,646 +2.9% up $25,646, 2.9% versus January 2025 $868,000 32.5% 5.4
Condo apartment 162 +19 +13.3% up 19, 13.3% versus January 2025 $658,410 −$3,738 −0.6% down $3,738, 0.6% versus January 2025 $625,000 32.6% 5.5
Link 12 +6 +100.0% up 6, 100.0% versus January 2025 $1,260,483 −$44,350 −3.4% down $44,350, 3.4% versus January 2025 $1,259,000 54.5% 1.8

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 355 $1,295,900 −3.7% down 3.7%
Single-family detached 379.5 $1,590,800 −3.3% down 3.3%
Single-family attached 385.5 $1,149,200 −3.4% down 3.4%
Townhouse 365.5 $918,500 −0.6% down 0.6%
Apartment 319.9 $647,800 −3.3% down 3.3%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. King +47.2% up 47.2%
  2. Newmarket +11.9% up 11.9%
  3. Vaughan +10.5% up 10.5%
  4. Richmond Hill +0.7% up 0.7%
  5. Markham −0.7% down 0.7%

Bottom 5

  1. Aurora −23.5% down 23.5%
  2. Georgina −15.9% down 15.9%
  3. East Gwillimbury −5.6% down 5.6%
  4. Whitchurch-Stouffville −2.0% down 2.0%
  5. Markham −0.7% down 0.7%

Sales, month-over-month

Top 5

  1. East Gwillimbury +87.0% up 87.0%
  2. King +80.0% up 80.0%
  3. Newmarket +80.0% up 80.0%
  4. Georgina +28.6% up 28.6%
  5. Vaughan +24.8% up 24.8%

Bottom 5

  1. Whitchurch-Stouffville −27.8% down 27.8%
  2. Markham +1.2% up 1.2%
  3. Richmond Hill +10.5% up 10.5%
  4. Aurora +19.2% up 19.2%
  5. Vaughan +24.8% up 24.8%

York Region

King focus

King, York Region

$2,742,333

+$879,183 +47.2% up $879,183, 47.2% versus January 2025

Sales
18
SP/LP
92%
DOM
61
SNLR
31.0%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,329,574

+$9,556 +0.7% up $9,556, 0.7% versus January 2025

Sales
126
SP/LP
100%
DOM
31
SNLR
28.8%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,318,730

−$26,324 −2.0% down $26,324, 2.0% versus January 2025

Sales
26
SP/LP
100%
DOM
22
SNLR
27.4%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,277,279

−$75,600 −5.6% down $75,600, 5.6% versus January 2025

Sales
43
SP/LP
98%
DOM
24
SNLR
41.8%

Full history →

Vaughan focus

Vaughan, York Region

$1,227,016

+$116,638 +10.5% up $116,638, 10.5% versus January 2025

Sales
201
SP/LP
100%
DOM
25
SNLR
31.0%

Full history →

Markham focus

Markham, York Region

$1,211,409

−$8,435 −0.7% down $8,435, 0.7% versus January 2025

Sales
175
SP/LP
102%
DOM
27
SNLR
31.8%

Full history →

Newmarket focus

Newmarket, York Region

$1,185,427

+$125,613 +11.9% up $125,613, 11.9% versus January 2025

Sales
63
SP/LP
100%
DOM
28
SNLR
43.1%

Full history →

Aurora focus

Aurora, York Region

$1,147,807

−$353,366 −23.5% down $353,366, 23.5% versus January 2025

Sales
31
SP/LP
101%
DOM
26
SNLR
28.2%

Full history →

Georgina focus

Georgina, York Region

$789,625

−$149,756 −15.9% down $149,756, 15.9% versus January 2025

Sales
54
SP/LP
97%
DOM
34
SNLR
43.2%

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 18 +8 +80.0% up 8, 80.0% versus January 2025 $49.4M $2,742,333 +$879,183 +47.2% up $879,183, 47.2% versus January 2025 $1,817,500 58 139 92% 61 80 31.0% 7.7
Richmond Hill focus Richmond Hill, York Region 126 +12 +10.5% up 12, 10.5% versus January 2025 $167.5M $1,329,574 +$9,556 +0.7% up $9,556, 0.7% versus January 2025 $1,210,600 437 742 100% 31 48 28.8% 5.9
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region 26 −10 −27.8% down 10, 27.8% versus January 2025 $34.3M $1,318,730 −$26,324 −2.0% down $26,324, 2.0% versus January 2025 $1,176,500 95 188 100% 22 33 27.4% 7.2
East Gwillimbury focus East Gwillimbury, York Region 43 +20 +87.0% up 20, 87.0% versus January 2025 $54.9M $1,277,279 −$75,600 −5.6% down $75,600, 5.6% versus January 2025 $1,188,000 103 139 98% 24 36 41.8% 3.2
Vaughan focus Vaughan, York Region 201 +40 +24.8% up 40, 24.8% versus January 2025 $246.6M $1,227,016 +$116,638 +10.5% up $116,638, 10.5% versus January 2025 $1,241,000 649 992 100% 25 40 31.0% 4.9
Markham focus Markham, York Region 175 +2 +1.2% up 2, 1.2% versus January 2025 $212.0M $1,211,409 −$8,435 −0.7% down $8,435, 0.7% versus January 2025 $1,215,000 551 827 102% 27 39 31.8% 4.7
Newmarket focus Newmarket, York Region 63 +28 +80.0% up 28, 80.0% versus January 2025 $74.7M $1,185,427 +$125,613 +11.9% up $125,613, 11.9% versus January 2025 $1,154,500 146 218 100% 28 40 43.1% 3.5
Aurora focus Aurora, York Region 31 +5 +19.2% up 5, 19.2% versus January 2025 $35.6M $1,147,807 −$353,366 −23.5% down $353,366, 23.5% versus January 2025 $1,070,000 110 186 101% 26 39 28.2% 6.0
Georgina focus Georgina, York Region 54 +12 +28.6% up 12, 28.6% versus January 2025 $42.6M $789,625 −$149,756 −15.9% down $149,756, 15.9% versus January 2025 $720,000 125 216 97% 34 49 43.2% 4.0