Source: TRREB MarketWatch, February 2020

9 areas

York Region

February 2020

Headline indicators

All home types

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

$1,015,558

MoM +$66,759 +7.0% YoY +10.9%

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

$925,000

MoM +$55,100 +6.3% YoY +11.4%

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

$889,000

MoM +$14,500 +1.7% YoY +6.5%

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

1,285

MoM +538 +72.0% YoY +61.6%

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

$1.30B

MoM +$596,238,676 +84.1% YoY +79.3%

New listings — Properties newly listed during the month.

2,061

MoM +522 +33.9% YoY +0.1%

Active listings — Listings available at month end.

2,127

MoM +234 +12.4% YoY −38.9%

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

MoM −13 days −39.4% YoY n/a

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

MoM −16 days −35.6% YoY n/a

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

102%

MoM +3.0 pp +3.0% YoY +5.2%

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

62.4%

MoM +13.8 pp +28.5% YoY +61.4%

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.

1.7

MoM −1 −34.7% YoY −62.2%

Trend

13 months to February 2020

Average price

York Region average selling price over the 13 months ending February 2020.
Month	Average price
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
Feb '20	1015558

Sales

York Region sales over the 13 months ending February 2020.
Month	Sales
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
Feb '20	1285

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,285	+538 +72.0% up 538, 72.0% versus January 2020	$1,015,558	+$66,759 +7.0% up $66,759, 7.0% versus January 2020	$925,000	62.4%	1.7
Detached	757	+343 +82.9% up 343, 82.9% versus January 2020	$1,206,128	+$70,146 +6.2% up $70,146, 6.2% versus January 2020	$1,163,500	55.7%	2.1
Semi-detached	85	+35 +70.0% up 35, 70.0% versus January 2020	$817,819	+$28,601 +3.6% up $28,601, 3.6% versus January 2020	$844,250	79.4%	0.7
Att/row/townhouse	187	+91 +94.8% up 91, 94.8% versus January 2020	$857,841	+$1,402 +0.2% up $1,402, 0.2% versus January 2020	$852,000	69.8%	0.9
Condo townhouse	62	+16 +34.8% up 16, 34.8% versus January 2020	$638,223	−$54,248 −7.8% down $54,248, 7.8% versus January 2020	$637,000	84.9%	0.9
Condo apartment	168	+41 +32.3% up 41, 32.3% versus January 2020	$584,451	+$13,537 +2.4% up $13,537, 2.4% versus January 2020	$555,000	76.7%	1.2
Link	25	+11 +78.6% up 11, 78.6% versus January 2020	$953,360	+$66,374 +7.5% up $66,374, 7.5% versus January 2020	$939,900	71.4%	1.0
Co-op apartment	0	no change no change versus January 2020	$0	no change no change versus January 2020	—	—	—
Detached condo	0	no change no change versus January 2020	$0	no change no change versus January 2020	—	—	—
Co-ownership apartment	1	+1 up 1 versus January 2020	$430,000	+$430,000 up $430,000 versus January 2020	$430,000	100.0%	0.0

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	263.5	$889,000	+6.5% up 6.5%
Single-family detached	264	$1,004,600	+5.6% up 5.6%
Single-family attached	265.4	$767,800	+7.2% up 7.2%
Townhouse	250.8	$644,000	+5.7% up 5.7%
Apartment	245	$537,300	+11.0% up 11.0%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Markham +13.0% up 13.0%
Newmarket +10.1% up 10.1%
King +9.2% up 9.2%
Vaughan +8.9% up 8.9%
Aurora +2.7% up 2.7%

Bottom 5

East Gwillimbury −3.9% down 3.9%
Richmond Hill −1.0% down 1.0%
Georgina −1.0% down 1.0%
Whitchurch-Stouffville +1.1% up 1.1%
Aurora +2.7% up 2.7%

Sales, month-over-month

Top 5

Aurora +104.3% up 104.3%
Newmarket +100.0% up 100.0%
King +94.1% up 94.1%
Richmond Hill +80.3% up 80.3%
Vaughan +73.3% up 73.3%

Bottom 5

Georgina +28.6% up 28.6%
East Gwillimbury +53.3% up 53.3%
Markham +61.2% up 61.2%
Whitchurch-Stouffville +67.7% up 67.7%
Vaughan +73.3% up 73.3%

York Region

King focus

King, York Region

$1,362,709

+$115,280 +9.2% up $115,280, 9.2% versus January 2020

Sales: 33
SP/LP: 97%
DOM: 32
SNLR: 39.3%

Full history →

Vaughan focus

Vaughan, York Region

$1,148,140

+$93,459 +8.9% up $93,459, 8.9% versus January 2020

Sales: 298
SP/LP: 103%
DOM: 21
SNLR: 64.4%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,083,572

−$10,519 −1.0% down $10,519, 1.0% versus January 2020

Sales: 247
SP/LP: 101%
DOM: 21
SNLR: 62.5%

Full history →

Markham focus

Markham, York Region

$1,039,755

+$119,258 +13.0% up $119,258, 13.0% versus January 2020

Sales: 303
SP/LP: 103%
DOM: 20
SNLR: 74.1%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$999,392

+$11,353 +1.1% up $11,353, 1.1% versus January 2020

Sales: 52
SP/LP: 100%
DOM: 28
SNLR: 51.5%

Full history →

Aurora focus

Aurora, York Region

$941,174

+$24,463 +2.7% up $24,463, 2.7% versus January 2020

Sales: 94
SP/LP: 102%
DOM: 21
SNLR: 58.8%

Full history →

Newmarket focus

Newmarket, York Region

$832,527

+$76,414 +10.1% up $76,414, 10.1% versus January 2020

Sales: 140
SP/LP: 101%
DOM: 17
SNLR: 65.7%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$800,765

−$32,364 −3.9% down $32,364, 3.9% versus January 2020

Sales: 46
SP/LP: 99%
DOM: 20
SNLR: 51.7%

Full history →

Georgina focus

Georgina, York Region

$574,453

−$5,511 −1.0% down $5,511, 1.0% versus January 2020

Sales: 72
SP/LP: 99%
DOM: 15
SNLR: 49.0%

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	33	+16 +94.1% up 16, 94.1% versus January 2020	$45.0M	$1,362,709	+$115,280 +9.2% up $115,280, 9.2% versus January 2020	$1,311,750	84	179	97%	32	53	39.3%	5.4
Vaughan focus Vaughan, York Region	298	+126 +73.3% up 126, 73.3% versus January 2020	$342.1M	$1,148,140	+$93,459 +8.9% up $93,459, 8.9% versus January 2020	$1,068,500	463	452	103%	21	31	64.4%	1.5
Richmond Hill focus Richmond Hill, York Region	247	+110 +80.3% up 110, 80.3% versus January 2020	$267.6M	$1,083,572	−$10,519 −1.0% down $10,519, 1.0% versus January 2020	$1,010,000	395	407	101%	21	28	62.5%	1.6
Markham focus Markham, York Region	303	+115 +61.2% up 115, 61.2% versus January 2020	$315.0M	$1,039,755	+$119,258 +13.0% up $119,258, 13.0% versus January 2020	$949,990	409	402	103%	20	27	74.1%	1.3
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	52	+21 +67.7% up 21, 67.7% versus January 2020	$52.0M	$999,392	+$11,353 +1.1% up $11,353, 1.1% versus January 2020	$855,000	101	131	100%	28	35	51.5%	2.5
Aurora focus Aurora, York Region	94	+48 +104.3% up 48, 104.3% versus January 2020	$88.5M	$941,174	+$24,463 +2.7% up $24,463, 2.7% versus January 2020	$894,500	160	162	102%	21	29	58.8%	1.7
Newmarket focus Newmarket, York Region	140	+70 +100.0% up 70, 100.0% versus January 2020	$116.6M	$832,527	+$76,414 +10.1% up $76,414, 10.1% versus January 2020	$794,000	213	134	101%	17	27	65.7%	1.0
East Gwillimbury focus East Gwillimbury, York Region	46	+16 +53.3% up 16, 53.3% versus January 2020	$36.8M	$800,765	−$32,364 −3.9% down $32,364, 3.9% versus January 2020	$770,000	89	102	99%	20	23	51.7%	2.2
Georgina focus Georgina, York Region	72	+16 +28.6% up 16, 28.6% versus January 2020	$41.4M	$574,453	−$5,511 −1.0% down $5,511, 1.0% versus January 2020	$598,000	147	158	99%	15	25	49.0%	2.2