Source: TRREB MarketWatch, March 2020

9 areas

York Region

March 2020

Headline indicators

All home types

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

$1,038,598

MoM +$23,040 +2.3% YoY +13.5%

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

$950,000

MoM +$25,000 +2.7% YoY +13.5%

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

$908,600

MoM +$19,600 +2.2% YoY +7.3%

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

1,403

MoM +118 +9.2% YoY +18.6%

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

$1.46B

MoM +$152,161,416 +11.7% YoY +34.6%

New listings — Properties newly listed during the month.

2,685

MoM +624 +30.3% YoY −7.2%

Active listings — Listings available at month end.

2,381

MoM +254 +11.9% YoY −40.7%

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

MoM −4 days −20.0% YoY n/a

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

MoM −8 days −27.6% YoY n/a

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

103%

MoM +1.0 pp +1.0% YoY +6.2%

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

52.3%

MoM −10.1 pp −16.2% YoY +27.8%

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 +0 +2.5% YoY −50.0%

Trend

13 months to March 2020

Average price

York Region average selling price over the 13 months ending March 2020.
Month	Average price
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
Mar '20	1038598

Sales

York Region sales over the 13 months ending March 2020.
Month	Sales
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
Mar '20	1403

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,403	+118 +9.2% up 118, 9.2% versus February 2020	$1,038,598	+$23,040 +2.3% up $23,040, 2.3% versus February 2020	$950,000	52.3%	1.7
Detached	810	+53 +7.0% up 53, 7.0% versus February 2020	$1,233,865	+$27,737 +2.3% up $27,737, 2.3% versus February 2020	$1,175,000	47.2%	2.2
Semi-detached	99	+14 +16.5% up 14, 16.5% versus February 2020	$879,090	+$61,271 +7.5% up $61,271, 7.5% versus February 2020	$898,000	63.1%	0.7
Att/row/townhouse	225	+38 +20.3% up 38, 20.3% versus February 2020	$865,654	+$7,813 +0.9% up $7,813, 0.9% versus February 2020	$860,000	59.2%	0.9
Condo townhouse	60	−2 −3.2% down 2, 3.2% versus February 2020	$693,031	+$54,808 +8.6% up $54,808, 8.6% versus February 2020	$676,950	64.5%	0.9
Condo apartment	179	+11 +6.5% up 11, 6.5% versus February 2020	$590,705	+$6,254 +1.1% up $6,254, 1.1% versus February 2020	$560,000	61.1%	1.2
Link	30	+5 +20.0% up 5, 20.0% versus February 2020	$953,400	+$40 +0.0% up $40, 0.0% versus February 2020	$922,950	65.2%	0.5
Co-op apartment	0	no change no change versus February 2020	$0	no change no change versus February 2020	—	—	—
Detached condo	0	no change no change versus February 2020	$0	no change no change versus February 2020	—	—	—
Co-ownership apartment	0	−1 −100.0% down 1, 100.0% versus February 2020	$0	−$430,000 −100.0% down $430,000, 100.0% versus February 2020	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	269.3	$908,600	+7.3% up 7.3%
Single-family detached	270	$1,027,500	+6.3% up 6.3%
Single-family attached	272.5	$788,400	+8.2% up 8.2%
Townhouse	254.2	$652,800	+8.3% up 8.3%
Apartment	250.3	$549,000	+11.5% up 11.5%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

East Gwillimbury +9.1% up 9.1%
Richmond Hill +7.4% up 7.4%
Aurora +7.3% up 7.3%
Georgina +6.8% up 6.8%
Markham +2.9% up 2.9%

Bottom 5

Whitchurch-Stouffville −7.5% down 7.5%
Vaughan −3.2% down 3.2%
King −1.0% down 1.0%
Newmarket +0.8% up 0.8%
Markham +2.9% up 2.9%

Sales, month-over-month

Top 5

King +21.2% up 21.2%
Markham +17.5% up 17.5%
Newmarket +10.7% up 10.7%
Vaughan +9.1% up 9.1%
East Gwillimbury +8.7% up 8.7%

Bottom 5

Whitchurch-Stouffville −13.5% down 13.5%
Aurora −1.1% down 1.1%
Richmond Hill +5.7% up 5.7%
Georgina +8.3% up 8.3%
East Gwillimbury +8.7% up 8.7%

York Region

King focus

King, York Region

$1,348,483

−$14,226 −1.0% down $14,226, 1.0% versus February 2020

Sales: 40
SP/LP: 97%
DOM: 41
SNLR: 53.3%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,164,244

+$80,672 +7.4% up $80,672, 7.4% versus February 2020

Sales: 261
SP/LP: 103%
DOM: 14
SNLR: 51.3%

Full history →

Vaughan focus

Vaughan, York Region

$1,111,836

−$36,304 −3.2% down $36,304, 3.2% versus February 2020

Sales: 325
SP/LP: 102%
DOM: 14
SNLR: 50.5%

Full history →

Markham focus

Markham, York Region

$1,069,990

+$30,235 +2.9% up $30,235, 2.9% versus February 2020

Sales: 356
SP/LP: 105%
DOM: 14
SNLR: 54.7%

Full history →

Aurora focus

Aurora, York Region

$1,009,804

+$68,630 +7.3% up $68,630, 7.3% versus February 2020

Sales: 93
SP/LP: 100%
DOM: 15
SNLR: 51.4%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$924,622

−$74,770 −7.5% down $74,770, 7.5% versus February 2020

Sales: 45
SP/LP: 101%
DOM: 26
SNLR: 41.3%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$874,024

+$73,259 +9.1% up $73,259, 9.1% versus February 2020

Sales: 50
SP/LP: 99%
DOM: 22
SNLR: 48.5%

Full history →

Newmarket focus

Newmarket, York Region

$838,865

+$6,338 +0.8% up $6,338, 0.8% versus February 2020

Sales: 155
SP/LP: 102%
DOM: 11
SNLR: 59.2%

Full history →

Georgina focus

Georgina, York Region

$613,304

+$38,851 +6.8% up $38,851, 6.8% versus February 2020

Sales: 78
SP/LP: 98%
DOM: 25
SNLR: 51.3%

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	40	+7 +21.2% up 7, 21.2% versus February 2020	$53.9M	$1,348,483	−$14,226 −1.0% down $14,226, 1.0% versus February 2020	$1,422,500	75	186	97%	41	57	53.3%	4.7
Richmond Hill focus Richmond Hill, York Region	261	+14 +5.7% up 14, 5.7% versus February 2020	$303.9M	$1,164,244	+$80,672 +7.4% up $80,672, 7.4% versus February 2020	$1,103,200	509	456	103%	14	19	51.3%	1.8
Vaughan focus Vaughan, York Region	325	+27 +9.1% up 27, 9.1% versus February 2020	$361.3M	$1,111,836	−$36,304 −3.2% down $36,304, 3.2% versus February 2020	$1,008,000	643	549	102%	14	20	50.5%	1.7
Markham focus Markham, York Region	356	+53 +17.5% up 53, 17.5% versus February 2020	$380.9M	$1,069,990	+$30,235 +2.9% up $30,235, 2.9% versus February 2020	$979,950	651	427	105%	14	18	54.7%	1.2
Aurora focus Aurora, York Region	93	−1 −1.1% down 1, 1.1% versus February 2020	$93.9M	$1,009,804	+$68,630 +7.3% up $68,630, 7.3% versus February 2020	$935,000	181	164	100%	15	20	51.4%	1.8
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	45	−7 −13.5% down 7, 13.5% versus February 2020	$41.6M	$924,622	−$74,770 −7.5% down $74,770, 7.5% versus February 2020	$900,000	109	138	101%	26	32	41.3%	3.1
East Gwillimbury focus East Gwillimbury, York Region	50	+4 +8.7% up 4, 8.7% versus February 2020	$43.7M	$874,024	+$73,259 +9.1% up $73,259, 9.1% versus February 2020	$838,500	103	124	99%	22	26	48.5%	2.5
Newmarket focus Newmarket, York Region	155	+15 +10.7% up 15, 10.7% versus February 2020	$130.0M	$838,865	+$6,338 +0.8% up $6,338, 0.8% versus February 2020	$800,000	262	163	102%	11	15	59.2%	1.1
Georgina focus Georgina, York Region	78	+6 +8.3% up 6, 8.3% versus February 2020	$47.8M	$613,304	+$38,851 +6.8% up $38,851, 6.8% versus February 2020	$579,000	152	174	98%	25	30	51.3%	2.2