Source: TRREB MarketWatch, March 2019

9 areas

York Region

March 2019

Headline indicators

All home types

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

$915,213

MoM −$524 −0.1% YoY −2.6%

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

$837,000

MoM +$7,000 +0.8% YoY −2.7%

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.

1,183

MoM +388 +48.8% YoY +11.0%

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

$1.08B

MoM +$354,685,421 +48.7% YoY +8.1%

New listings — Properties newly listed during the month.

2,893

MoM +835 +40.6% YoY −15.1%

Active listings — Listings available at month end.

4,015

MoM +535 +15.4% YoY −12.5%

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

MoM −5 days −16.1% YoY +8.3%

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

97%

MoM no change YoY no change

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

40.9%

MoM +2.3 pp +5.9% YoY +30.7%

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.

3.4

MoM −1 −22.5% YoY −21.1%

Trend

13 months to March 2019

Average price

York Region average selling price over the 13 months ending March 2019.
Month	Average price
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
Mar '19	915213

Sales

York Region sales over the 13 months ending March 2019.
Month	Sales
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
Mar '19	1183

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,183	+388 +48.8% up 388, 48.8% versus February 2019	$915,213	−$524 −0.1% down $524, 0.1% versus February 2019	$837,000	40.9%	3.4
Detached	680	+229 +50.8% up 229, 50.8% versus February 2019	$1,092,715	−$24,475 −2.2% down $24,475, 2.2% versus February 2019	$1,020,000	37.0%	4.1
Semi-detached	102	+47 +85.5% up 47, 85.5% versus February 2019	$773,843	−$18,339 −2.3% down $18,339, 2.3% versus February 2019	$780,000	55.1%	1.8
Att/row/townhouse	173	+61 +54.5% up 61, 54.5% versus February 2019	$774,143	+$25,600 +3.4% up $25,600, 3.4% versus February 2019	$767,000	43.5%	2.4
Condo townhouse	38	+2 +5.6% up 2, 5.6% versus February 2019	$573,097	−$39,608 −6.5% down $39,608, 6.5% versus February 2019	$592,500	33.9%	3.5
Condo apartment	177	+51 +40.5% up 51, 40.5% versus February 2019	$532,796	+$40,094 +8.1% up $40,094, 8.1% versus February 2019	$480,000	55.7%	2.3
Link	13	−1 −7.1% down 1, 7.1% versus February 2019	$823,754	−$16,496 −2.0% down $16,496, 2.0% versus February 2019	$829,900	30.2%	3.4
Co-op apartment	0	no change no change versus February 2019	—	n/a not available, prior month not on file versus February 2019	—	—	—
Detached condo	0	−1 −100.0% down 1, 100.0% versus February 2019	—	n/a not available, prior month not on file versus February 2019	—	—	—
Co-ownership apartment	0	no change no change versus February 2019	—	n/a not available, prior month not on file versus February 2019	—	—	—

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Whitchurch-Stouffville +11.0% up 11.0%
Markham +3.8% up 3.8%
Richmond Hill +0.3% up 0.3%
Vaughan −0.1% down 0.1%
Georgina −1.6% down 1.6%

Bottom 5

King −12.2% down 12.2%
Aurora −7.9% down 7.9%
East Gwillimbury −3.9% down 3.9%
Newmarket −2.3% down 2.3%
Georgina −1.6% down 1.6%

Sales, month-over-month

Top 5

King +100.0% up 100.0%
Aurora +78.0% up 78.0%
Markham +58.7% up 58.7%
Whitchurch-Stouffville +57.1% up 57.1%
Newmarket +54.4% up 54.4%

Bottom 5

Richmond Hill +25.5% up 25.5%
East Gwillimbury +41.2% up 41.2%
Georgina +43.5% up 43.5%
Vaughan +44.6% up 44.6%
Newmarket +54.4% up 54.4%

York Region

King focus

King, York Region

$1,224,969

−$170,687 −12.2% down $170,687, 12.2% versus February 2019

Sales: 32
SP/LP: 97%
DOM: 34
SNLR: 34.8%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,034,581

+$3,305 +0.3% up $3,305, 0.3% versus February 2019

Sales: 192
SP/LP: 96%
DOM: 28
SNLR: 33.7%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$961,614

+$95,117 +11.0% up $95,117, 11.0% versus February 2019

Sales: 55
SP/LP: 97%
DOM: 27
SNLR: 37.7%

Full history →

Vaughan focus

Vaughan, York Region

$960,662

−$813 −0.1% down $813, 0.1% versus February 2019

Sales: 279
SP/LP: 98%
DOM: 25
SNLR: 42.5%

Full history →

Markham focus

Markham, York Region

$931,102

+$34,071 +3.8% up $34,071, 3.8% versus February 2019

Sales: 300
SP/LP: 98%
DOM: 25
SNLR: 47.2%

Full history →

Aurora focus

Aurora, York Region

$864,860

−$74,393 −7.9% down $74,393, 7.9% versus February 2019

Sales: 89
SP/LP: 98%
DOM: 20
SNLR: 37.5%

Full history →

Newmarket focus

Newmarket, York Region

$773,918

−$18,500 −2.3% down $18,500, 2.3% versus February 2019

Sales: 122
SP/LP: 98%
DOM: 25
SNLR: 45.0%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$743,755

−$30,077 −3.9% down $30,077, 3.9% versus February 2019

Sales: 48
SP/LP: 97%
DOM: 27
SNLR: 39.7%

Full history →

Georgina focus

Georgina, York Region

$568,532

−$9,523 −1.6% down $9,523, 1.6% versus February 2019

Sales: 66
SP/LP: 96%
DOM: 33
SNLR: 40.0%

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	32	+16 +100.0% up 16, 100.0% versus February 2019	$39.2M	$1,224,969	−$170,687 −12.2% down $170,687, 12.2% versus February 2019	$1,187,500	92	206	97%	34	—	34.8%	6.4
Richmond Hill focus Richmond Hill, York Region	192	+39 +25.5% up 39, 25.5% versus February 2019	$198.6M	$1,034,581	+$3,305 +0.3% up $3,305, 0.3% versus February 2019	$925,000	569	800	96%	28	—	33.7%	4.2
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	55	+20 +57.1% up 20, 57.1% versus February 2019	$52.9M	$961,614	+$95,117 +11.0% up $95,117, 11.0% versus February 2019	$837,000	146	226	97%	27	—	37.7%	4.1
Vaughan focus Vaughan, York Region	279	+86 +44.6% up 86, 44.6% versus February 2019	$268.0M	$960,662	−$813 −0.1% down $813, 0.1% versus February 2019	$879,000	656	868	98%	25	—	42.5%	3.1
Markham focus Markham, York Region	300	+111 +58.7% up 111, 58.7% versus February 2019	$279.3M	$931,102	+$34,071 +3.8% up $34,071, 3.8% versus February 2019	$892,500	636	824	98%	25	—	47.2%	2.8
Aurora focus Aurora, York Region	89	+39 +78.0% up 39, 78.0% versus February 2019	$77.0M	$864,860	−$74,393 −7.9% down $74,393, 7.9% versus February 2019	$805,000	237	302	98%	20	—	37.5%	3.4
Newmarket focus Newmarket, York Region	122	+43 +54.4% up 43, 54.4% versus February 2019	$94.4M	$773,918	−$18,500 −2.3% down $18,500, 2.3% versus February 2019	$749,000	271	325	98%	25	—	45.0%	2.7
East Gwillimbury focus East Gwillimbury, York Region	48	+14 +41.2% up 14, 41.2% versus February 2019	$35.7M	$743,755	−$30,077 −3.9% down $30,077, 3.9% versus February 2019	$710,000	121	220	97%	27	—	39.7%	4.6
Georgina focus Georgina, York Region	66	+20 +43.5% up 20, 43.5% versus February 2019	$37.5M	$568,532	−$9,523 −1.6% down $9,523, 1.6% versus February 2019	$545,000	165	244	96%	33	—	40.0%	3.7