Source: TRREB MarketWatch, February 2019

9 areas

York Region

February 2019

Headline indicators

All home types

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

$915,737

MoM +$44,396 +5.1% YoY +1.9%

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

$830,000

MoM +$35,000 +4.4% YoY +1.5%

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.

795

MoM +206 +35.0% YoY −1.2%

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

$728.0M

MoM +$214,791,364 +41.9% YoY +0.6%

New listings — Properties newly listed during the month.

2,058

MoM +64 +3.2% YoY −11.8%

Active listings — Listings available at month end.

3,480

MoM +385 +12.4% YoY −4.6%

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

MoM −10 days −24.4% YoY +3.3%

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 no change

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

38.6%

MoM +9.1 pp +30.8% YoY +12.0%

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.

4.4

MoM −1 −16.7% YoY −3.4%

Trend

13 months to February 2019

Average price

York Region average selling price over the 13 months ending February 2019.
Month	Average price
Feb '18	898888
Mar '18	939659
Apr '18	940400
May '18	933873
Jun '18	928076
Jul '18	924005
Aug '18	923152
Sep '18	903704
Oct '18	917007
Nov '18	887030
Dec '18	892238
Jan '19	871341
Feb '19	915737

Sales

York Region sales over the 13 months ending February 2019.
Month	Sales
Feb '18	805
Mar '18	1066
Apr '18	1149
May '18	1233
Jun '18	1260
Jul '18	1083
Aug '18	1111
Sep '18	983
Oct '18	1164
Nov '18	999
Dec '18	590
Jan '19	589
Feb '19	795

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	795	+206 +35.0% up 206, 35.0% versus January 2019	$915,737	+$44,396 +5.1% up $44,396, 5.1% versus January 2019	$830,000	38.6%	4.4
Detached	451	+151 +50.3% up 151, 50.3% versus January 2019	$1,117,190	+$15,938 +1.4% up $15,938, 1.4% versus January 2019	$1,000,000	33.0%	5.4
Semi-detached	55	+24 +77.4% up 24, 77.4% versus January 2019	$792,182	+$32,393 +4.3% up $32,393, 4.3% versus January 2019	$782,000	44.4%	2.8
Att/row/townhouse	112	+29 +34.9% up 29, 34.9% versus January 2019	$748,543	−$19,572 −2.5% down $19,572, 2.5% versus January 2019	$759,000	47.3%	3.2
Condo townhouse	36	−6 −14.3% down 6, 14.3% versus January 2019	$612,705	+$35,315 +6.1% up $35,315, 6.1% versus January 2019	$567,500	50.7%	2.9
Condo apartment	126	+2 +1.6% up 2, 1.6% versus January 2019	$492,702	−$19,023 −3.7% down $19,023, 3.7% versus January 2019	$469,000	54.3%	3.1
Link	14	+5 +55.6% up 5, 55.6% versus January 2019	$840,250	−$30,061 −3.5% down $30,061, 3.5% versus January 2019	$845,000	48.3%	2.6
Co-op apartment	0	no change no change versus January 2019	—	n/a not available, prior month not on file versus January 2019	—	—	—
Detached condo	1	+1 up 1 versus January 2019	$850,000	n/a not available, prior month not on file versus January 2019	$850,000	—	1.0
Co-ownership apartment	0	no change no change versus January 2019	—	n/a not available, prior month not on file versus January 2019	—	—	—

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Richmond Hill +11.6% up 11.6%
Markham +10.7% up 10.7%
Aurora +9.2% up 9.2%
King +5.9% up 5.9%
Newmarket +5.6% up 5.6%

Bottom 5

East Gwillimbury −15.1% down 15.1%
Whitchurch-Stouffville −11.5% down 11.5%
Vaughan +0.8% up 0.8%
Georgina +1.2% up 1.2%
Newmarket +5.6% up 5.6%

Sales, month-over-month

Top 5

Whitchurch-Stouffville +75.0% up 75.0%
Newmarket +64.6% up 64.6%
East Gwillimbury +54.5% up 54.5%
Vaughan +49.6% up 49.6%
Richmond Hill +37.8% up 37.8%

Bottom 5

King −11.1% down 11.1%
Aurora −2.0% down 2.0%
Georgina +15.0% up 15.0%
Markham +26.0% up 26.0%
Richmond Hill +37.8% up 37.8%

York Region

King focus

King, York Region

$1,395,656

+$78,086 +5.9% up $78,086, 5.9% versus January 2019

Sales: 16
SP/LP: 95%
DOM: 33
SNLR: 23.5%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,031,276

+$107,467 +11.6% up $107,467, 11.6% versus January 2019

Sales: 153
SP/LP: 96%
DOM: 34
SNLR: 39.2%

Full history →

Vaughan focus

Vaughan, York Region

$961,475

+$7,993 +0.8% up $7,993, 0.8% versus January 2019

Sales: 193
SP/LP: 97%
DOM: 26
SNLR: 39.0%

Full history →

Aurora focus

Aurora, York Region

$939,253

+$78,955 +9.2% up $78,955, 9.2% versus January 2019

Sales: 50
SP/LP: 98%
DOM: 32
SNLR: 32.9%

Full history →

Markham focus

Markham, York Region

$897,031

+$86,387 +10.7% up $86,387, 10.7% versus January 2019

Sales: 189
SP/LP: 97%
DOM: 28
SNLR: 44.1%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$866,497

−$112,218 −11.5% down $112,218, 11.5% versus January 2019

Sales: 35
SP/LP: 97%
DOM: 45
SNLR: 36.8%

Full history →

Newmarket focus

Newmarket, York Region

$792,418

+$41,828 +5.6% up $41,828, 5.6% versus January 2019

Sales: 79
SP/LP: 97%
DOM: 32
SNLR: 39.5%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$773,832

−$137,509 −15.1% down $137,509, 15.1% versus January 2019

Sales: 34
SP/LP: 97%
DOM: 43
SNLR: 31.8%

Full history →

Georgina focus

Georgina, York Region

$578,055

+$7,115 +1.2% up $7,115, 1.2% versus January 2019

Sales: 46
SP/LP: 97%
DOM: 35
SNLR: 37.7%

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	16	−2 −11.1% down 2, 11.1% versus January 2019	$22.3M	$1,395,656	+$78,086 +5.9% up $78,086, 5.9% versus January 2019	$1,198,000	68	186	95%	33	—	23.5%	11.6
Richmond Hill focus Richmond Hill, York Region	153	+42 +37.8% up 42, 37.8% versus January 2019	$157.8M	$1,031,276	+$107,467 +11.6% up $107,467, 11.6% versus January 2019	$900,000	390	669	96%	34	—	39.2%	4.4
Vaughan focus Vaughan, York Region	193	+64 +49.6% up 64, 49.6% versus January 2019	$185.6M	$961,475	+$7,993 +0.8% up $7,993, 0.8% versus January 2019	$880,000	495	781	97%	26	—	39.0%	4.0
Aurora focus Aurora, York Region	50	−1 −2.0% down 1, 2.0% versus January 2019	$47.0M	$939,253	+$78,955 +9.2% up $78,955, 9.2% versus January 2019	$790,000	152	238	98%	32	—	32.9%	4.8
Markham focus Markham, York Region	189	+39 +26.0% up 39, 26.0% versus January 2019	$169.5M	$897,031	+$86,387 +10.7% up $86,387, 10.7% versus January 2019	$839,999	429	719	97%	28	—	44.1%	3.8
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	35	+15 +75.0% up 15, 75.0% versus January 2019	$30.3M	$866,497	−$112,218 −11.5% down $112,218, 11.5% versus January 2019	$785,000	95	183	97%	45	—	36.8%	5.2
Newmarket focus Newmarket, York Region	79	+31 +64.6% up 31, 64.6% versus January 2019	$62.6M	$792,418	+$41,828 +5.6% up $41,828, 5.6% versus January 2019	$760,000	200	298	97%	32	—	39.5%	3.8
East Gwillimbury focus East Gwillimbury, York Region	34	+12 +54.5% up 12, 54.5% versus January 2019	$26.3M	$773,832	−$137,509 −15.1% down $137,509, 15.1% versus January 2019	$761,000	107	200	97%	43	—	31.8%	5.9
Georgina focus Georgina, York Region	46	+6 +15.0% up 6, 15.0% versus January 2019	$26.6M	$578,055	+$7,115 +1.2% up $7,115, 1.2% versus January 2019	$598,000	122	206	97%	35	—	37.7%	4.5