Source: TRREB MarketWatch, July 2019

9 areas

York Region

July 2019

Headline indicators

All home types

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

$930,577

MoM −$276 −0.0% YoY +0.7%

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

$858,950

MoM +$4,950 +0.6% YoY +4.1%

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.

1,444

MoM +37 +2.6% YoY +33.3%

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

$1.34B

MoM +$34,042,508 +2.6% YoY +34.3%

New listings — Properties newly listed during the month.

2,897

MoM −201 −6.5% YoY −1.4%

Active listings — Listings available at month end.

4,565

MoM −414 −8.3% YoY −13.1%

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

MoM +3 days +12.0% YoY −9.7%

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

98%

MoM no change YoY +2.1%

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

49.8%

MoM +4.4 pp +9.8% YoY +35.2%

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 −10.7% YoY −34.8%

Trend

13 months to July 2019

Average price

York Region average selling price over the 13 months ending July 2019.
Month	Average price
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
Jul '19	930577

Sales

York Region sales over the 13 months ending July 2019.
Month	Sales
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
Jul '19	1444

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,444	+37 +2.6% up 37, 2.6% versus June 2019	$930,577	−$276 −0.0% down $276, 0.0% versus June 2019	$858,950	49.8%	3.2
Detached	829	+24 +3.0% up 24, 3.0% versus June 2019	$1,114,449	−$1,249 −0.1% down $1,249, 0.1% versus June 2019	$1,047,000	43.3%	4.1
Semi-detached	116	+6 +5.5% up 6, 5.5% versus June 2019	$782,058	+$2,429 +0.3% up $2,429, 0.3% versus June 2019	$789,500	78.4%	1.2
Att/row/townhouse	198	−3 −1.5% down 3, 1.5% versus June 2019	$778,497	+$25,526 +3.4% up $25,526, 3.4% versus June 2019	$772,500	56.3%	2.3
Condo townhouse	64	−10 −13.5% down 10, 13.5% versus June 2019	$635,431	+$26,327 +4.3% up $26,327, 4.3% versus June 2019	$613,750	66.0%	1.8
Condo apartment	206	+26 +14.4% up 26, 14.4% versus June 2019	$518,051	−$11,891 −2.2% down $11,891, 2.2% versus June 2019	$482,500	63.6%	2.1
Link	31	−4 −11.4% down 4, 11.4% versus June 2019	$891,186	−$19,202 −2.1% down $19,202, 2.1% versus June 2019	$880,000	51.7%	1.9
Co-op apartment	0	no change no change versus June 2019	—	n/a not available, prior month not on file versus June 2019	—	—	—
Detached condo	0	−2 −100.0% down 2, 100.0% versus June 2019	—	n/a not available, prior month not on file versus June 2019	—	0.0%	—
Co-ownership apartment	0	no change no change versus June 2019	—	n/a not available, prior month not on file versus June 2019	—	—	—

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

King +38.9% up 38.9%
Markham +3.8% up 3.8%
Newmarket +1.8% up 1.8%
East Gwillimbury +1.0% up 1.0%
Whitchurch-Stouffville +0.2% up 0.2%

Bottom 5

Aurora −7.2% down 7.2%
Richmond Hill −6.9% down 6.9%
Georgina −2.6% down 2.6%
Vaughan −1.8% down 1.8%
Whitchurch-Stouffville +0.2% up 0.2%

Sales, month-over-month

Top 5

Markham +16.4% up 16.4%
Richmond Hill +7.4% up 7.4%
King +3.4% up 3.4%
Newmarket +3.1% up 3.1%
Aurora −4.0% down 4.0%

Bottom 5

Whitchurch-Stouffville −14.7% down 14.7%
East Gwillimbury −12.1% down 12.1%
Georgina −6.0% down 6.0%
Vaughan −4.2% down 4.2%
Aurora −4.0% down 4.0%

York Region

King focus

King, York Region

$1,486,390

+$416,054 +38.9% up $416,054, 38.9% versus June 2019

Sales: 30
SP/LP: 95%
DOM: 43
SNLR: 27.0%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,008,045

−$74,632 −6.9% down $74,632, 6.9% versus June 2019

Sales: 262
SP/LP: 97%
DOM: 27
SNLR: 43.0%

Full history →

Vaughan focus

Vaughan, York Region

$999,844

−$18,042 −1.8% down $18,042, 1.8% versus June 2019

Sales: 323
SP/LP: 98%
DOM: 25
SNLR: 50.6%

Full history →

Markham focus

Markham, York Region

$949,859

+$35,083 +3.8% up $35,083, 3.8% versus June 2019

Sales: 398
SP/LP: 99%
DOM: 26
SNLR: 52.4%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$888,867

+$1,802 +0.2% up $1,802, 0.2% versus June 2019

Sales: 64
SP/LP: 97%
DOM: 32
SNLR: 52.0%

Full history →

Aurora focus

Aurora, York Region

$852,713

−$66,532 −7.2% down $66,532, 7.2% versus June 2019

Sales: 97
SP/LP: 98%
DOM: 29
SNLR: 66.4%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$786,566

+$8,165 +1.0% up $8,165, 1.0% versus June 2019

Sales: 58
SP/LP: 97%
DOM: 31
SNLR: 49.6%

Full history →

Newmarket focus

Newmarket, York Region

$786,420

+$14,079 +1.8% up $14,079, 1.8% versus June 2019

Sales: 134
SP/LP: 98%
DOM: 29
SNLR: 58.3%

Full history →

Georgina focus

Georgina, York Region

$557,151

−$14,699 −2.6% down $14,699, 2.6% versus June 2019

Sales: 78
SP/LP: 97%
DOM: 32
SNLR: 47.9%

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	30	+1 +3.4% up 1, 3.4% versus June 2019	$44.6M	$1,486,390	+$416,054 +38.9% up $416,054, 38.9% versus June 2019	$1,347,500	111	291	95%	43	—	27.0%	9.7
Richmond Hill focus Richmond Hill, York Region	262	+18 +7.4% up 18, 7.4% versus June 2019	$264.1M	$1,008,045	−$74,632 −6.9% down $74,632, 6.9% versus June 2019	$945,000	610	996	97%	27	—	43.0%	3.8
Vaughan focus Vaughan, York Region	323	−14 −4.2% down 14, 4.2% versus June 2019	$322.9M	$999,844	−$18,042 −1.8% down $18,042, 1.8% versus June 2019	$939,000	638	917	98%	25	—	50.6%	2.8
Markham focus Markham, York Region	398	+56 +16.4% up 56, 16.4% versus June 2019	$378.0M	$949,859	+$35,083 +3.8% up $35,083, 3.8% versus June 2019	$884,000	759	959	99%	26	—	52.4%	2.4
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	64	−11 −14.7% down 11, 14.7% versus June 2019	$56.9M	$888,867	+$1,802 +0.2% up $1,802, 0.2% versus June 2019	$826,500	123	262	97%	32	—	52.0%	4.1
Aurora focus Aurora, York Region	97	−4 −4.0% down 4, 4.0% versus June 2019	$82.7M	$852,713	−$66,532 −7.2% down $66,532, 7.2% versus June 2019	$815,000	146	277	98%	29	—	66.4%	2.9
East Gwillimbury focus East Gwillimbury, York Region	58	−8 −12.1% down 8, 12.1% versus June 2019	$45.6M	$786,566	+$8,165 +1.0% up $8,165, 1.0% versus June 2019	$782,500	117	208	97%	31	—	49.6%	3.6
Newmarket focus Newmarket, York Region	134	+4 +3.1% up 4, 3.1% versus June 2019	$105.4M	$786,420	+$14,079 +1.8% up $14,079, 1.8% versus June 2019	$759,500	230	345	98%	29	—	58.3%	2.6
Georgina focus Georgina, York Region	78	−5 −6.0% down 5, 6.0% versus June 2019	$43.5M	$557,151	−$14,699 −2.6% down $14,699, 2.6% versus June 2019	$557,500	163	310	97%	32	—	47.9%	4.0