Source: TRREB MarketWatch, April 2019

9 areas

York Region

April 2019

Headline indicators

All home types

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

$913,195

MoM −$2,018 −0.2% YoY −2.9%

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

$845,000

MoM +$8,000 +1.0% YoY −1.2%

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.

1,468

MoM +285 +24.1% YoY +27.8%

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

$1.34B

MoM +$257,873,881 +23.8% YoY +24.1%

New listings — Properties newly listed during the month.

3,548

MoM +655 +22.6% YoY +1.4%

Active listings — Listings available at month end.

4,643

MoM +628 +15.6% YoY −9.5%

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

MoM −3 days −11.5% YoY −11.5%

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

98%

MoM +1.0 pp +1.0% YoY +1.0%

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

41.4%

MoM +0.5 pp +1.2% YoY +26.0%

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.

3.2

MoM −0 −6.8% YoY −29.2%

Trend

13 months to April 2019

Average price

York Region average selling price over the 13 months ending April 2019.
Month	Average price
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
Apr '19	913195

Sales

York Region sales over the 13 months ending April 2019.
Month	Sales
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
Apr '19	1468

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,468	+285 +24.1% up 285, 24.1% versus March 2019	$913,195	−$2,018 −0.2% down $2,018, 0.2% versus March 2019	$845,000	41.4%	3.2
Detached	777	+97 +14.3% up 97, 14.3% versus March 2019	$1,117,322	+$24,607 +2.3% up $24,607, 2.3% versus March 2019	$1,065,500	33.2%	4.3
Semi-detached	132	+30 +29.4% up 30, 29.4% versus March 2019	$780,888	+$7,045 +0.9% up $7,045, 0.9% versus March 2019	$775,000	67.0%	1.4
Att/row/townhouse	236	+63 +36.4% up 63, 36.4% versus March 2019	$762,409	−$11,734 −1.5% down $11,734, 1.5% versus March 2019	$760,000	51.0%	2.0
Condo townhouse	74	+36 +94.7% up 36, 94.7% versus March 2019	$611,401	+$38,304 +6.7% up $38,304, 6.7% versus March 2019	$605,000	55.2%	2.1
Condo apartment	215	+38 +21.5% up 38, 21.5% versus March 2019	$536,355	+$3,559 +0.7% up $3,559, 0.7% versus March 2019	$501,000	60.2%	2.0
Link	34	+21 +161.5% up 21, 161.5% versus March 2019	$848,406	+$24,652 +3.0% up $24,652, 3.0% versus March 2019	$840,500	60.7%	1.6
Co-op apartment	0	no change no change versus March 2019	—	n/a not available, prior month not on file versus March 2019	—	0.0%	—
Detached condo	0	no change no change versus March 2019	—	n/a not available, prior month not on file versus March 2019	—	0.0%	—
Co-ownership apartment	0	no change no change versus March 2019	—	n/a not available, prior month not on file versus March 2019	—	—	—

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

East Gwillimbury +8.7% up 8.7%
King +5.5% up 5.5%
Vaughan +3.8% up 3.8%
Aurora +2.7% up 2.7%
Georgina −1.4% down 1.4%

Bottom 5

Whitchurch-Stouffville −15.8% down 15.8%
Newmarket −6.2% down 6.2%
Markham −1.9% down 1.9%
Richmond Hill −1.8% down 1.8%
Georgina −1.4% down 1.4%

Sales, month-over-month

Top 5

Vaughan +34.1% up 34.1%
Richmond Hill +31.3% up 31.3%
Markham +27.3% up 27.3%
Georgina +22.7% up 22.7%
East Gwillimbury +16.7% up 16.7%

Bottom 5

King −9.4% down 9.4%
Whitchurch-Stouffville +9.1% up 9.1%
Newmarket +10.7% up 10.7%
Aurora +11.2% up 11.2%
East Gwillimbury +16.7% up 16.7%

York Region

King focus

King, York Region

$1,292,759

+$67,790 +5.5% up $67,790, 5.5% versus March 2019

Sales: 29
SP/LP: 96%
DOM: 41
SNLR: 22.8%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,016,216

−$18,365 −1.8% down $18,365, 1.8% versus March 2019

Sales: 252
SP/LP: 97%
DOM: 26
SNLR: 38.0%

Full history →

Vaughan focus

Vaughan, York Region

$997,462

+$36,800 +3.8% up $36,800, 3.8% versus March 2019

Sales: 374
SP/LP: 98%
DOM: 22
SNLR: 44.9%

Full history →

Markham focus

Markham, York Region

$913,038

−$18,064 −1.9% down $18,064, 1.9% versus March 2019

Sales: 382
SP/LP: 99%
DOM: 23
SNLR: 46.5%

Full history →

Aurora focus

Aurora, York Region

$888,387

+$23,527 +2.7% up $23,527, 2.7% versus March 2019

Sales: 99
SP/LP: 98%
DOM: 20
SNLR: 41.8%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$809,396

−$152,218 −15.8% down $152,218, 15.8% versus March 2019

Sales: 60
SP/LP: 98%
DOM: 18
SNLR: 32.8%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$808,187

+$64,432 +8.7% up $64,432, 8.7% versus March 2019

Sales: 56
SP/LP: 99%
DOM: 27
SNLR: 32.4%

Full history →

Newmarket focus

Newmarket, York Region

$725,710

−$48,208 −6.2% down $48,208, 6.2% versus March 2019

Sales: 135
SP/LP: 98%
DOM: 20
SNLR: 44.7%

Full history →

Georgina focus

Georgina, York Region

$560,727

−$7,805 −1.4% down $7,805, 1.4% versus March 2019

Sales: 81
SP/LP: 97%
DOM: 24
SNLR: 39.1%

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	29	−3 −9.4% down 3, 9.4% versus March 2019	$37.5M	$1,292,759	+$67,790 +5.5% up $67,790, 5.5% versus March 2019	$1,276,250	127	253	96%	41	—	22.8%	8.7
Richmond Hill focus Richmond Hill, York Region	252	+60 +31.3% up 60, 31.3% versus March 2019	$256.1M	$1,016,216	−$18,365 −1.8% down $18,365, 1.8% versus March 2019	$933,900	664	925	97%	26	—	38.0%	3.7
Vaughan focus Vaughan, York Region	374	+95 +34.1% up 95, 34.1% versus March 2019	$373.1M	$997,462	+$36,800 +3.8% up $36,800, 3.8% versus March 2019	$925,000	833	990	98%	22	—	44.9%	2.6
Markham focus Markham, York Region	382	+82 +27.3% up 82, 27.3% versus March 2019	$348.8M	$913,038	−$18,064 −1.9% down $18,064, 1.9% versus March 2019	$850,750	822	969	99%	23	—	46.5%	2.5
Aurora focus Aurora, York Region	99	+10 +11.2% up 10, 11.2% versus March 2019	$88.0M	$888,387	+$23,527 +2.7% up $23,527, 2.7% versus March 2019	$770,000	237	339	98%	20	—	41.8%	3.4
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	60	+5 +9.1% up 5, 9.1% versus March 2019	$48.6M	$809,396	−$152,218 −15.8% down $152,218, 15.8% versus March 2019	$737,500	183	277	98%	18	—	32.8%	4.6
East Gwillimbury focus East Gwillimbury, York Region	56	+8 +16.7% up 8, 16.7% versus March 2019	$45.3M	$808,187	+$64,432 +8.7% up $64,432, 8.7% versus March 2019	$747,500	173	241	99%	27	—	32.4%	4.3
Newmarket focus Newmarket, York Region	135	+13 +10.7% up 13, 10.7% versus March 2019	$98.0M	$725,710	−$48,208 −6.2% down $48,208, 6.2% versus March 2019	$684,000	302	372	98%	20	—	44.7%	2.8
Georgina focus Georgina, York Region	81	+15 +22.7% up 15, 22.7% versus March 2019	$45.4M	$560,727	−$7,805 −1.4% down $7,805, 1.4% versus March 2019	$537,000	207	277	97%	24	—	39.1%	3.4