Source: TRREB MarketWatch, January 2020

9 areas

York Region

January 2020

Headline indicators

All home types

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

$948,799

MoM −$5,418 −0.6% YoY +8.9%

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

$869,900

MoM +$11,464 +1.3% YoY +9.4%

MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.

$874,500

MoM n/a YoY +5.2%

Sales — Firm transactions reported through the MLS® System during the month.

747

MoM +17 +2.3% YoY +26.8%

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

$708.8M

MoM +$12,174,592 +1.7% YoY +38.1%

New listings — Properties newly listed during the month.

1,539

MoM +952 +162.2% YoY −22.8%

Active listings — Listings available at month end.

1,893

MoM +31 +1.7% YoY −38.8%

Avg. LDOM — Average days on market for the current listing. Not reported before 2020.

MoM n/a YoY n/a

Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.

MoM n/a YoY n/a

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

99%

MoM +2.0 pp +2.1% YoY +3.1%

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

48.5%

MoM −75.8 pp −61.0% YoY +64.3%

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.

2.5

MoM −0 −0.6% YoY −51.8%

Trend

13 months to January 2020

Average price

York Region average selling price over the 13 months ending January 2020.
Month	Average price
Jan '19	871341
Feb '19	915737
Mar '19	915213
Apr '19	913195
May '19	929684
Jun '19	930853
Jul '19	930577
Aug '19	951750
Sep '19	975082
Oct '19	957097
Nov '19	974771
Dec '19	954217
Jan '20	948799

Sales

York Region sales over the 13 months ending January 2020.
Month	Sales
Jan '19	589
Feb '19	795
Mar '19	1183
Apr '19	1468
May '19	1531
Jun '19	1407
Jul '19	1444
Aug '19	1319
Sep '19	1273
Oct '19	1409
Nov '19	1176
Dec '19	730
Jan '20	747

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	747	+17 +2.3% up 17, 2.3% versus December 2019	$948,799	−$5,418 −0.6% down $5,418, 0.6% versus December 2019	$869,900	48.5%	2.5
Detached	414	−2 −0.5% down 2, 0.5% versus December 2019	$1,135,982	−$9,469 −0.8% down $9,469, 0.8% versus December 2019	$1,076,500	42.7%	3.4
Semi-detached	50	+5 +11.1% up 5, 11.1% versus December 2019	$789,218	−$24,555 −3.0% down $24,555, 3.0% versus December 2019	$795,000	61.0%	1.0
Att/row/townhouse	96	−22 −18.6% down 22, 18.6% versus December 2019	$856,439	+$52,819 +6.6% up $52,819, 6.6% versus December 2019	$859,950	53.0%	1.6
Condo townhouse	46	+14 +43.8% up 14, 43.8% versus December 2019	$692,471	+$62,899 +10.0% up $62,899, 10.0% versus December 2019	$677,500	76.7%	1.2
Condo apartment	127	+16 +14.4% up 16, 14.4% versus December 2019	$570,914	+$18,770 +3.4% up $18,770, 3.4% versus December 2019	$540,000	57.0%	1.5
Link	14	+6 +75.0% up 6, 75.0% versus December 2019	$886,986	−$11,713 −1.3% down $11,713, 1.3% versus December 2019	$881,450	63.6%	1.3
Co-op apartment	0	no change no change versus December 2019	$0	n/a not available, prior month not on file versus December 2019	—	0.0%	—
Detached condo	0	no change no change versus December 2019	$0	n/a not available, prior month not on file versus December 2019	—	—	—
Co-ownership apartment	0	no change no change versus December 2019	$0	n/a not available, prior month not on file versus December 2019	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	259.2	$874,500	+5.2% up 5.2%
Single-family detached	261	$993,200	+5.0% up 5.0%
Single-family attached	261.2	$755,700	+5.1% up 5.1%
Townhouse	246.1	$632,000	+4.7% up 4.7%
Apartment	238.7	$523,500	+8.3% up 8.3%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

East Gwillimbury +8.9% up 8.9%
Georgina +6.3% up 6.3%
Vaughan +4.5% up 4.5%
Aurora +4.0% up 4.0%
Whitchurch-Stouffville +2.2% up 2.2%

Bottom 5

King −16.3% down 16.3%
Newmarket −6.1% down 6.1%
Markham −4.8% down 4.8%
Richmond Hill +0.8% up 0.8%
Whitchurch-Stouffville +2.2% up 2.2%

Sales, month-over-month

Top 5

Markham +21.3% up 21.3%
Georgina +12.0% up 12.0%
Newmarket +6.1% up 6.1%
Vaughan +3.0% up 3.0%
King no change no change

Bottom 5

Whitchurch-Stouffville −26.2% down 26.2%
East Gwillimbury −18.9% down 18.9%
Richmond Hill −8.7% down 8.7%
Aurora no change no change
King no change no change

York Region

King focus

King, York Region

$1,247,429

−$243,353 −16.3% down $243,353, 16.3% versus December 2019

Sales: 17
SP/LP: 96%
DOM: 46
SNLR: 22.4%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,094,091

+$8,246 +0.8% up $8,246, 0.8% versus December 2019

Sales: 137
SP/LP: 98%
DOM: 35
SNLR: 46.9%

Full history →

Vaughan focus

Vaughan, York Region

$1,054,681

+$45,033 +4.5% up $45,033, 4.5% versus December 2019

Sales: 172
SP/LP: 99%
DOM: 34
SNLR: 49.4%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$988,039

+$21,238 +2.2% up $21,238, 2.2% versus December 2019

Sales: 31
SP/LP: 97%
DOM: 42
SNLR: 45.6%

Full history →

Markham focus

Markham, York Region

$920,497

−$46,192 −4.8% down $46,192, 4.8% versus December 2019

Sales: 188
SP/LP: 101%
DOM: 26
SNLR: 48.7%

Full history →

Aurora focus

Aurora, York Region

$916,711

+$35,242 +4.0% up $35,242, 4.0% versus December 2019

Sales: 46
SP/LP: 97%
DOM: 45
SNLR: 50.5%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$833,129

+$67,780 +8.9% up $67,780, 8.9% versus December 2019

Sales: 30
SP/LP: 98%
DOM: 38
SNLR: 40.0%

Full history →

Newmarket focus

Newmarket, York Region

$756,113

−$49,234 −6.1% down $49,234, 6.1% versus December 2019

Sales: 70
SP/LP: 99%
DOM: 23
SNLR: 62.5%

Full history →

Georgina focus

Georgina, York Region

$579,964

+$34,238 +6.3% up $34,238, 6.3% versus December 2019

Sales: 56
SP/LP: 98%
DOM: 42
SNLR: 61.5%

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	17	no change no change versus December 2019	$21.2M	$1,247,429	−$243,353 −16.3% down $243,353, 16.3% versus December 2019	$1,325,000	76	169	96%	46	95	22.4%	9.9
Richmond Hill focus Richmond Hill, York Region	137	−13 −8.7% down 13, 8.7% versus December 2019	$149.9M	$1,094,091	+$8,246 +0.8% up $8,246, 0.8% versus December 2019	$978,500	292	366	98%	35	49	46.9%	2.7
Vaughan focus Vaughan, York Region	172	+5 +3.0% up 5, 3.0% versus December 2019	$181.4M	$1,054,681	+$45,033 +4.5% up $45,033, 4.5% versus December 2019	$950,000	348	401	99%	34	44	49.4%	2.3
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	31	−11 −26.2% down 11, 26.2% versus December 2019	$30.6M	$988,039	+$21,238 +2.2% up $21,238, 2.2% versus December 2019	$870,000	68	118	97%	42	65	45.6%	3.8
Markham focus Markham, York Region	188	+33 +21.3% up 33, 21.3% versus December 2019	$173.1M	$920,497	−$46,192 −4.8% down $46,192, 4.8% versus December 2019	$881,450	386	404	101%	26	35	48.7%	2.1
Aurora focus Aurora, York Region	46	no change no change versus December 2019	$42.2M	$916,711	+$35,242 +4.0% up $35,242, 4.0% versus December 2019	$835,000	91	129	97%	45	58	50.5%	2.8
East Gwillimbury focus East Gwillimbury, York Region	30	−7 −18.9% down 7, 18.9% versus December 2019	$25.0M	$833,129	+$67,780 +8.9% up $67,780, 8.9% versus December 2019	$819,950	75	83	98%	38	48	40.0%	2.8
Newmarket focus Newmarket, York Region	70	+4 +6.1% up 4, 6.1% versus December 2019	$52.9M	$756,113	−$49,234 −6.1% down $49,234, 6.1% versus December 2019	$735,000	112	95	99%	23	32	62.5%	1.4
Georgina focus Georgina, York Region	56	+6 +12.0% up 6, 12.0% versus December 2019	$32.5M	$579,964	+$34,238 +6.3% up $34,238, 6.3% versus December 2019	$561,500	91	128	98%	42	51	61.5%	2.3