Source: TRREB MarketWatch, April 2018

9 areas

York Region

April 2018

Headline indicators

All home types

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

$940,400

MoM +$741 +0.1% YoY −21.5%

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

$855,000

MoM −$5,000 −0.6% YoY −20.1%

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.

1,149

MoM +83 +7.8% YoY −43.7%

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

$1.08B

MoM +$78,843,365 +7.9% YoY −55.8%

New listings — Properties newly listed during the month.

3,499

MoM +92 +2.7% YoY −26.8%

Active listings — Listings available at month end.

5,132

MoM +544 +11.9% YoY +64.1%

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

MoM +2 days +8.3% YoY +160.0%

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

97%

MoM no change YoY −11.8%

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

32.8%

MoM +1.5 pp +5.0% YoY −23.1%

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 +0 +3.8% YoY +191.6%

Trend

13 months to April 2018

Average price

York Region average selling price over the 13 months ending April 2018.
Month	Average price
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
Mar '18	939659
Apr '18	940400

Sales

York Region sales over the 13 months ending April 2018.
Month	Sales
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
Mar '18	1066
Apr '18	1149

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,149	+83 +7.8% up 83, 7.8% versus March 2018	$940,400	+$741 +0.1% up $741, 0.1% versus March 2018	$855,000	32.8%	4.5
Detached	624	+25 +4.2% up 25, 4.2% versus March 2018	$1,173,052	+$15,700 +1.4% up $15,700, 1.4% versus March 2018	$1,080,000	28.6%	5.5
Semi-detached	74	+1 +1.4% up 1, 1.4% versus March 2018	$789,194	+$41,926 +5.6% up $41,926, 5.6% versus March 2018	$790,000	38.0%	3.2
Att/row/townhouse	164	+15 +10.1% up 15, 10.1% versus March 2018	$775,142	+$6,709 +0.9% up $6,709, 0.9% versus March 2018	$780,000	35.6%	3.7
Condo townhouse	53	+4 +8.2% up 4, 8.2% versus March 2018	$639,898	+$75,016 +13.3% up $75,016, 13.3% versus March 2018	$605,000	34.0%	3.8
Condo apartment	196	+34 +21.0% up 34, 21.0% versus March 2018	$485,243	−$22,275 −4.4% down $22,275, 4.4% versus March 2018	$449,950	47.7%	2.6
Link	38	+4 +11.8% up 4, 11.8% versus March 2018	$894,460	+$27,445 +3.2% up $27,445, 3.2% versus March 2018	$882,500	41.8%	3.1
Co-op apartment	0	no change no change versus March 2018	—	n/a not available, prior month not on file versus March 2018	—	0.0%	—
Detached condo	0	no change no change versus March 2018	—	n/a not available, prior month not on file versus March 2018	—	0.0%	—
Co-ownership apartment	0	no change no change versus March 2018	—	n/a not available, prior month not on file versus March 2018	—	—	—

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Georgina +14.4% up 14.4%
Aurora +11.8% up 11.8%
East Gwillimbury +6.6% up 6.6%
Newmarket +5.8% up 5.8%
Richmond Hill +0.9% up 0.9%

Bottom 5

King −15.7% down 15.7%
Markham −4.5% down 4.5%
Whitchurch-Stouffville −0.6% down 0.6%
Vaughan +0.5% up 0.5%
Richmond Hill +0.9% up 0.9%

Sales, month-over-month

Top 5

East Gwillimbury +50.0% up 50.0%
Richmond Hill +17.6% up 17.6%
Markham +15.0% up 15.0%
Newmarket +13.0% up 13.0%
Whitchurch-Stouffville +4.2% up 4.2%

Bottom 5

King −18.5% down 18.5%
Georgina −11.1% down 11.1%
Aurora −4.9% down 4.9%
Vaughan −0.3% down 0.3%
Whitchurch-Stouffville +4.2% up 4.2%

York Region

King focus

King, York Region

$1,432,273

−$266,542 −15.7% down $266,542, 15.7% versus March 2018

Sales: 22
SP/LP: 96%
DOM: 50
SNLR: 19.3%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,037,328

+$9,654 +0.9% up $9,654, 0.9% versus March 2018

Sales: 200
SP/LP: 96%
DOM: 24
SNLR: 30.6%

Full history →

Vaughan focus

Vaughan, York Region

$999,548

+$4,929 +0.5% up $4,929, 0.5% versus March 2018

Sales: 286
SP/LP: 97%
DOM: 25
SNLR: 34.7%

Full history →

Aurora focus

Aurora, York Region

$968,670

+$102,350 +11.8% up $102,350, 11.8% versus March 2018

Sales: 77
SP/LP: 97%
DOM: 21
SNLR: 28.9%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$946,096

−$5,262 −0.6% down $5,262, 0.6% versus March 2018

Sales: 50
SP/LP: 97%
DOM: 23
SNLR: 26.6%

Full history →

Markham focus

Markham, York Region

$909,908

−$42,578 −4.5% down $42,578, 4.5% versus March 2018

Sales: 306
SP/LP: 98%
DOM: 26
SNLR: 39.1%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$824,319

+$51,374 +6.6% up $51,374, 6.6% versus March 2018

Sales: 48
SP/LP: 97%
DOM: 42
SNLR: 27.9%

Full history →

Newmarket focus

Newmarket, York Region

$792,791

+$43,510 +5.8% up $43,510, 5.8% versus March 2018

Sales: 104
SP/LP: 97%
DOM: 27
SNLR: 33.1%

Full history →

Georgina focus

Georgina, York Region

$595,213

+$74,865 +14.4% up $74,865, 14.4% versus March 2018

Sales: 56
SP/LP: 96%
DOM: 33
SNLR: 30.3%

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	22	−5 −18.5% down 5, 18.5% versus March 2018	$31.5M	$1,432,273	−$266,542 −15.7% down $266,542, 15.7% versus March 2018	$1,325,000	114	236	96%	50	—	19.3%	10.7
Richmond Hill focus Richmond Hill, York Region	200	+30 +17.6% up 30, 17.6% versus March 2018	$207.5M	$1,037,328	+$9,654 +0.9% up $9,654, 0.9% versus March 2018	$934,500	654	969	96%	24	—	30.6%	4.8
Vaughan focus Vaughan, York Region	286	−1 −0.3% down 1, 0.3% versus March 2018	$285.9M	$999,548	+$4,929 +0.5% up $4,929, 0.5% versus March 2018	$899,500	824	1,150	97%	25	—	34.7%	4.0
Aurora focus Aurora, York Region	77	−4 −4.9% down 4, 4.9% versus March 2018	$74.6M	$968,670	+$102,350 +11.8% up $102,350, 11.8% versus March 2018	$890,000	266	363	97%	21	—	28.9%	4.7
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	50	+2 +4.2% up 2, 4.2% versus March 2018	$47.3M	$946,096	−$5,262 −0.6% down $5,262, 0.6% versus March 2018	$870,000	188	284	97%	23	—	26.6%	5.7
Markham focus Markham, York Region	306	+40 +15.0% up 40, 15.0% versus March 2018	$278.4M	$909,908	−$42,578 −4.5% down $42,578, 4.5% versus March 2018	$881,500	782	1,051	98%	26	—	39.1%	3.4
East Gwillimbury focus East Gwillimbury, York Region	48	+16 +50.0% up 16, 50.0% versus March 2018	$39.6M	$824,319	+$51,374 +6.6% up $51,374, 6.6% versus March 2018	$725,250	172	283	97%	42	—	27.9%	5.9
Newmarket focus Newmarket, York Region	104	+12 +13.0% up 12, 13.0% versus March 2018	$82.5M	$792,791	+$43,510 +5.8% up $43,510, 5.8% versus March 2018	$757,500	314	483	97%	27	—	33.1%	4.6
Georgina focus Georgina, York Region	56	−7 −11.1% down 7, 11.1% versus March 2018	$33.3M	$595,213	+$74,865 +14.4% up $74,865, 14.4% versus March 2018	$533,750	185	313	96%	33	—	30.3%	5.6