Source: TRREB MarketWatch, February 2018

9 areas

York Region

February 2018

Headline indicators

All home types

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

$898,888

MoM +$28,405 +3.3% YoY −21.0%

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

$818,000

MoM +$9,200 +1.1% YoY −19.7%

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

—

MoM n/a YoY n/a

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

805

MoM +210 +35.3% YoY −48.7%

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

$723.6M

MoM +$205,666,968 +39.7% YoY −59.5%

New listings — Properties newly listed during the month.

2,334

MoM +342 +17.2% YoY +15.7%

Active listings — Listings available at month end.

3,647

MoM +449 +14.0% YoY +244.4%

Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.

MoM −8 days −21.1% YoY +150.0%

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

97%

MoM +1.0 pp +1.0% YoY −11.8%

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

34.5%

MoM +4.6 pp +15.5% YoY −55.6%

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.

4.5

MoM −1 −15.7% YoY +570.8%

Trend

13 months to February 2018

Average price

York Region average selling price over the 13 months ending February 2018.
Month	Average price
Feb '17	1138396
Mar '17	1182406
Apr '17	1198229
May '17	1083647
Jun '17	990530
Jul '17	951557
Aug '17	936885
Sep '17	991339
Oct '17	961431
Nov '17	921654
Dec '17	908892
Jan '18	870483
Feb '18	898888

Sales

York Region sales over the 13 months ending February 2018.
Month	Sales
Feb '17	1568
Mar '17	2402
Apr '17	2042
May '17	1479
Jun '17	1095
Jul '17	804
Aug '17	930
Sep '17	944
Oct '17	1072
Nov '17	1027
Dec '17	731
Jan '18	595
Feb '18	805

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	805	+210 +35.3% up 210, 35.3% versus January 2018	$898,888	+$28,405 +3.3% up $28,405, 3.3% versus January 2018	$818,000	34.5%	4.5
Detached	425	+122 +40.3% up 122, 40.3% versus January 2018	$1,120,429	+$25,315 +2.3% up $25,315, 2.3% versus January 2018	$1,060,000	28.2%	5.8
Semi-detached	59	+17 +40.5% up 17, 40.5% versus January 2018	$756,127	+$2,327 +0.3% up $2,327, 0.3% versus January 2018	$757,000	50.4%	2.8
Att/row/townhouse	125	+31 +33.0% up 31, 33.0% versus January 2018	$750,034	−$35,463 −4.5% down $35,463, 4.5% versus January 2018	$750,000	39.7%	3.4
Condo townhouse	26	−4 −13.3% down 4, 13.3% versus January 2018	$621,507	+$37,860 +6.5% up $37,860, 6.5% versus January 2018	$602,500	29.6%	5.0
Condo apartment	145	+31 +27.2% up 31, 27.2% versus January 2018	$490,261	+$25,529 +5.5% up $25,529, 5.5% versus January 2018	$460,000	54.9%	2.8
Link	25	+13 +108.3% up 13, 108.3% versus January 2018	$872,380	+$27,963 +3.3% up $27,963, 3.3% versus January 2018	$839,000	56.8%	2.6
Co-op apartment	0	no change no change versus January 2018	—	n/a not available, prior month not on file versus January 2018	—	—	—
Detached condo	0	no change no change versus January 2018	—	n/a not available, prior month not on file versus January 2018	—	—	—
Co-ownership apartment	0	no change no change versus January 2018	—	n/a not available, prior month not on file versus January 2018	—	—	—

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Richmond Hill +12.8% up 12.8%
Markham +8.5% up 8.5%
Aurora +5.6% up 5.6%
Vaughan +4.1% up 4.1%
East Gwillimbury −2.5% down 2.5%

Bottom 5

Georgina −15.1% down 15.1%
Whitchurch-Stouffville −13.6% down 13.6%
King −7.5% down 7.5%
Newmarket −5.3% down 5.3%
East Gwillimbury −2.5% down 2.5%

Sales, month-over-month

Top 5

Whitchurch-Stouffville +77.3% up 77.3%
Newmarket +58.8% up 58.8%
East Gwillimbury +50.0% up 50.0%
Georgina +50.0% up 50.0%
Vaughan +48.7% up 48.7%

Bottom 5

King no change no change
Aurora +18.8% up 18.8%
Richmond Hill +20.2% up 20.2%
Markham +21.9% up 21.9%
Vaughan +48.7% up 48.7%

York Region

King focus

King, York Region

$1,100,750

−$88,917 −7.5% down $88,917, 7.5% versus January 2018

Sales: 12
SP/LP: 94%
DOM: 36
SNLR: 19.7%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$977,885

+$111,272 +12.8% up $111,272, 12.8% versus January 2018

Sales: 131
SP/LP: 96%
DOM: 35
SNLR: 31.7%

Full history →

Vaughan focus

Vaughan, York Region

$952,776

+$37,183 +4.1% up $37,183, 4.1% versus January 2018

Sales: 223
SP/LP: 97%
DOM: 30
SNLR: 39.8%

Full history →

Markham focus

Markham, York Region

$947,643

+$74,105 +8.5% up $74,105, 8.5% versus January 2018

Sales: 184
SP/LP: 98%
DOM: 28
SNLR: 37.2%

Full history →

Aurora focus

Aurora, York Region

$938,260

+$49,931 +5.6% up $49,931, 5.6% versus January 2018

Sales: 57
SP/LP: 94%
DOM: 28
SNLR: 31.0%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$875,705

−$137,263 −13.6% down $137,263, 13.6% versus January 2018

Sales: 39
SP/LP: 97%
DOM: 28
SNLR: 34.2%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$777,423

−$20,117 −2.5% down $20,117, 2.5% versus January 2018

Sales: 30
SP/LP: 97%
DOM: 47
SNLR: 28.6%

Full history →

Newmarket focus

Newmarket, York Region

$744,316

−$41,372 −5.3% down $41,372, 5.3% versus January 2018

Sales: 81
SP/LP: 98%
DOM: 27
SNLR: 32.7%

Full history →

Georgina focus

Georgina, York Region

$504,412

−$89,703 −15.1% down $89,703, 15.1% versus January 2018

Sales: 48
SP/LP: 97%
DOM: 27
SNLR: 31.2%

Full history →

All York Region areas

Home type

9 areas

Area	Sales	MoM	$ volume	Average	MoM	Median	New	Active	SP/LP	LDOM	PDOM	SNLR	MOI
King focus King, York Region	12	no change no change versus January 2018	$13.2M	$1,100,750	−$88,917 −7.5% down $88,917, 7.5% versus January 2018	$1,147,500	61	151	94%	36	—	19.7%	12.6
Richmond Hill focus Richmond Hill, York Region	131	+22 +20.2% up 22, 20.2% versus January 2018	$128.1M	$977,885	+$111,272 +12.8% up $111,272, 12.8% versus January 2018	$880,000	413	689	96%	35	—	31.7%	5.3
Vaughan focus Vaughan, York Region	223	+73 +48.7% up 73, 48.7% versus January 2018	$212.5M	$952,776	+$37,183 +4.1% up $37,183, 4.1% versus January 2018	$870,000	560	836	97%	30	—	39.8%	3.8
Markham focus Markham, York Region	184	+33 +21.9% up 33, 21.9% versus January 2018	$174.4M	$947,643	+$74,105 +8.5% up $74,105, 8.5% versus January 2018	$900,500	495	759	98%	28	—	37.2%	4.1
Aurora focus Aurora, York Region	57	+9 +18.8% up 9, 18.8% versus January 2018	$53.5M	$938,260	+$49,931 +5.6% up $49,931, 5.6% versus January 2018	$775,000	184	265	94%	28	—	31.0%	4.7
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	39	+17 +77.3% up 17, 77.3% versus January 2018	$34.2M	$875,705	−$137,263 −13.6% down $137,263, 13.6% versus January 2018	$803,500	114	173	97%	28	—	34.2%	4.4
East Gwillimbury focus East Gwillimbury, York Region	30	+10 +50.0% up 10, 50.0% versus January 2018	$23.3M	$777,423	−$20,117 −2.5% down $20,117, 2.5% versus January 2018	$702,500	105	209	97%	47	—	28.6%	7.0
Newmarket focus Newmarket, York Region	81	+30 +58.8% up 30, 58.8% versus January 2018	$60.3M	$744,316	−$41,372 −5.3% down $41,372, 5.3% versus January 2018	$715,000	248	343	98%	27	—	32.7%	4.2
Georgina focus Georgina, York Region	48	+16 +50.0% up 16, 50.0% versus January 2018	$24.2M	$504,412	−$89,703 −15.1% down $89,703, 15.1% versus January 2018	$457,450	154	222	97%	27	—	31.2%	4.6