Source: TRREB MarketWatch, June 2019

9 areas

York Region

June 2019

Headline indicators

All home types

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

$930,853

MoM +$1,169 +0.1% YoY +0.3%

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

$854,000

MoM −$3,000 −0.4% YoY +3.2%

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.

1,407

MoM −124 −8.1% YoY +11.7%

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

$1.31B

MoM −$113,635,998 −8.0% YoY +12.0%

New listings — Properties newly listed during the month.

3,098

MoM −771 −19.9% YoY −4.8%

Active listings — Listings available at month end.

4,979

MoM −137 −2.7% YoY −10.6%

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

MoM +2 days +8.7% YoY −10.7%

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

98%

MoM no change YoY +1.0%

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

45.4%

MoM +5.8 pp +14.8% YoY +17.3%

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.

3.5

MoM +0 +5.9% YoY −19.9%

Trend

13 months to June 2019

Average price

York Region average selling price over the 13 months ending June 2019.
Month	Average price
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
May '19	929684
Jun '19	930853

Sales

York Region sales over the 13 months ending June 2019.
Month	Sales
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
May '19	1531
Jun '19	1407

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,407	−124 −8.1% down 124, 8.1% versus May 2019	$930,853	+$1,169 +0.1% up $1,169, 0.1% versus May 2019	$854,000	45.4%	3.5
Detached	805	−72 −8.2% down 72, 8.2% versus May 2019	$1,115,698	+$4,585 +0.4% up $4,585, 0.4% versus May 2019	$1,025,000	39.2%	4.5
Semi-detached	110	no change no change versus May 2019	$779,629	+$3,085 +0.4% up $3,085, 0.4% versus May 2019	$807,500	60.4%	1.6
Att/row/townhouse	201	−34 −14.5% down 34, 14.5% versus May 2019	$752,971	−$33,666 −4.3% down $33,666, 4.3% versus May 2019	$745,000	52.9%	2.5
Condo townhouse	74	−3 −3.9% down 3, 3.9% versus May 2019	$609,104	−$13,352 −2.1% down $13,352, 2.1% versus May 2019	$595,750	75.5%	1.8
Condo apartment	180	−18 −9.1% down 18, 9.1% versus May 2019	$529,942	+$15,122 +2.9% up $15,122, 2.9% versus May 2019	$487,500	55.6%	2.6
Link	35	+3 +9.4% up 3, 9.4% versus May 2019	$910,388	+$54,010 +6.3% up $54,010, 6.3% versus May 2019	$917,000	59.3%	1.9
Co-op apartment	0	−1 −100.0% down 1, 100.0% versus May 2019	—	n/a not available, prior month not on file versus May 2019	—	—	—
Detached condo	2	+1 +100.0% up 1, 100.0% versus May 2019	$1,070,000	+$145,000 +15.7% up $145,000, 15.7% versus May 2019	$1,070,000	200.0%	0.0
Co-ownership apartment	0	no change no change versus May 2019	—	n/a not available, prior month not on file versus May 2019	—	—	—

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Aurora +7.0% up 7.0%
Richmond Hill +5.6% up 5.6%
Newmarket +3.9% up 3.9%
Vaughan +3.8% up 3.8%
Georgina +1.2% up 1.2%

Bottom 5

King −24.0% down 24.0%
Markham −5.5% down 5.5%
East Gwillimbury −4.0% down 4.0%
Whitchurch-Stouffville −3.5% down 3.5%
Georgina +1.2% up 1.2%

Sales, month-over-month

Top 5

King +20.8% up 20.8%
Georgina +10.7% up 10.7%
East Gwillimbury +3.1% up 3.1%
Whitchurch-Stouffville −5.1% down 5.1%
Newmarket −8.5% down 8.5%

Bottom 5

Aurora −14.4% down 14.4%
Markham −12.3% down 12.3%
Vaughan −9.4% down 9.4%
Richmond Hill −8.6% down 8.6%
Newmarket −8.5% down 8.5%

York Region

Richmond Hill focus

Richmond Hill, York Region

$1,082,677

+$57,871 +5.6% up $57,871, 5.6% versus May 2019

Sales: 244
SP/LP: 97%
DOM: 25
SNLR: 38.0%

Full history →

King focus

King, York Region

$1,070,336

−$337,435 −24.0% down $337,435, 24.0% versus May 2019

Sales: 29
SP/LP: 94%
DOM: 39
SNLR: 26.6%

Full history →

Vaughan focus

Vaughan, York Region

$1,017,886

+$37,609 +3.8% up $37,609, 3.8% versus May 2019

Sales: 337
SP/LP: 98%
DOM: 23
SNLR: 50.1%

Full history →

Aurora focus

Aurora, York Region

$919,245

+$59,984 +7.0% up $59,984, 7.0% versus May 2019

Sales: 101
SP/LP: 97%
DOM: 29
SNLR: 44.1%

Full history →

Markham focus

Markham, York Region

$914,776

−$53,173 −5.5% down $53,173, 5.5% versus May 2019

Sales: 342
SP/LP: 99%
DOM: 23
SNLR: 48.6%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$887,065

−$31,729 −3.5% down $31,729, 3.5% versus May 2019

Sales: 75
SP/LP: 97%
DOM: 31
SNLR: 50.7%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$778,401

−$32,616 −4.0% down $32,616, 4.0% versus May 2019

Sales: 66
SP/LP: 99%
DOM: 24
SNLR: 51.2%

Full history →

Newmarket focus

Newmarket, York Region

$772,341

+$29,193 +3.9% up $29,193, 3.9% versus May 2019

Sales: 130
SP/LP: 98%
DOM: 25
SNLR: 48.3%

Full history →

Georgina focus

Georgina, York Region

$571,850

+$6,998 +1.2% up $6,998, 1.2% versus May 2019

Sales: 83
SP/LP: 97%
DOM: 25
SNLR: 42.6%

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
Richmond Hill focus Richmond Hill, York Region	244	−23 −8.6% down 23, 8.6% versus May 2019	$264.2M	$1,082,677	+$57,871 +5.6% up $57,871, 5.6% versus May 2019	$963,000	643	1,079	97%	25	—	38.0%	4.4
King focus King, York Region	29	+5 +20.8% up 5, 20.8% versus May 2019	$31.0M	$1,070,336	−$337,435 −24.0% down $337,435, 24.0% versus May 2019	$894,750	109	289	94%	39	—	26.6%	10.0
Vaughan focus Vaughan, York Region	337	−35 −9.4% down 35, 9.4% versus May 2019	$343.0M	$1,017,886	+$37,609 +3.8% up $37,609, 3.8% versus May 2019	$930,000	673	993	98%	23	—	50.1%	3.0
Aurora focus Aurora, York Region	101	−17 −14.4% down 17, 14.4% versus May 2019	$92.8M	$919,245	+$59,984 +7.0% up $59,984, 7.0% versus May 2019	$816,200	229	338	97%	29	—	44.1%	3.4
Markham focus Markham, York Region	342	−48 −12.3% down 48, 12.3% versus May 2019	$312.9M	$914,776	−$53,173 −5.5% down $53,173, 5.5% versus May 2019	$873,500	703	1,044	99%	23	—	48.6%	3.0
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	75	−4 −5.1% down 4, 5.1% versus May 2019	$66.5M	$887,065	−$31,729 −3.5% down $31,729, 3.5% versus May 2019	$790,000	148	282	97%	31	—	50.7%	3.8
East Gwillimbury focus East Gwillimbury, York Region	66	+2 +3.1% up 2, 3.1% versus May 2019	$51.4M	$778,401	−$32,616 −4.0% down $32,616, 4.0% versus May 2019	$736,250	129	228	99%	24	—	51.2%	3.5
Newmarket focus Newmarket, York Region	130	−12 −8.5% down 12, 8.5% versus May 2019	$100.4M	$772,341	+$29,193 +3.9% up $29,193, 3.9% versus May 2019	$750,250	269	383	98%	25	—	48.3%	3.0
Georgina focus Georgina, York Region	83	+8 +10.7% up 8, 10.7% versus May 2019	$47.5M	$571,850	+$6,998 +1.2% up $6,998, 1.2% versus May 2019	$523,300	195	343	97%	25	—	42.6%	4.1