Source: TRREB MarketWatch, April 2020

9 areas

York Region

April 2020

Headline indicators

All home types

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

$968,499

MoM −$70,099 −6.7% YoY +6.1%

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

$872,500

MoM −$77,500 −8.2% YoY +3.3%

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

$919,700

MoM +$11,100 +1.2% YoY +7.7%

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

436

MoM −967 −68.9% YoY −70.3%

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

$422.3M

MoM −$1,034,887,538 −71.0% YoY −68.5%

New listings — Properties newly listed during the month.

993

MoM −1,692 −63.0% YoY −72.0%

Active listings — Listings available at month end.

2,267

MoM −114 −4.8% YoY −51.2%

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

MoM +6 days +37.5% YoY n/a

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

MoM +8 days +38.1% YoY n/a

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

97%

MoM −6.0 pp −5.8% YoY −1.0%

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

43.9%

MoM −8.3 pp −16.0% YoY +6.1%

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.

5.2

MoM +4 +206.4% YoY +64.4%

Trend

13 months to April 2020

Average price

York Region average selling price over the 13 months ending April 2020.
Month	Average price
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
Apr '20	968499

Sales

York Region sales over the 13 months ending April 2020.
Month	Sales
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
Apr '20	436

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	436	−967 −68.9% down 967, 68.9% versus March 2020	$968,499	−$70,099 −6.7% down $70,099, 6.7% versus March 2020	$872,500	43.9%	5.2
Detached	247	−563 −69.5% down 563, 69.5% versus March 2020	$1,149,487	−$84,378 −6.8% down $84,378, 6.8% versus March 2020	$1,025,000	39.4%	6.9
Semi-detached	45	−54 −54.5% down 54, 54.5% versus March 2020	$814,973	−$64,117 −7.3% down $64,117, 7.3% versus March 2020	$839,000	69.2%	1.4
Att/row/townhouse	64	−161 −71.6% down 161, 71.6% versus March 2020	$828,911	−$36,743 −4.2% down $36,743, 4.2% versus March 2020	$822,500	47.8%	3.1
Condo townhouse	23	−37 −61.7% down 37, 61.7% versus March 2020	$655,678	−$37,353 −5.4% down $37,353, 5.4% versus March 2020	$642,000	52.3%	2.7
Condo apartment	50	−129 −72.1% down 129, 72.1% versus March 2020	$542,254	−$48,451 −8.2% down $48,451, 8.2% versus March 2020	$520,000	44.3%	4.4
Link	6	−24 −80.0% down 24, 80.0% versus March 2020	$1,008,317	+$54,917 +5.8% up $54,917, 5.8% versus March 2020	$974,000	60.0%	3.0
Co-op apartment	1	+1 up 1 versus March 2020	$375,000	+$375,000 up $375,000 versus March 2020	$375,000	—	0.0
Detached condo	0	no change no change versus March 2020	$0	no change no change versus March 2020	—	—	—
Co-ownership apartment	0	no change no change versus March 2020	$0	no change no change versus March 2020	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	272.6	$919,700	+7.7% up 7.7%
Single-family detached	273.2	$1,039,600	+6.5% up 6.5%
Single-family attached	276.1	$798,800	+8.3% up 8.3%
Townhouse	253.3	$650,500	+6.8% up 6.8%
Apartment	254	$557,100	+12.7% up 12.7%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Whitchurch-Stouffville +28.1% up 28.1%
Georgina +0.5% up 0.5%
East Gwillimbury +0.3% up 0.3%
Newmarket −3.3% down 3.3%
Markham −5.7% down 5.7%

Bottom 5

Richmond Hill −12.5% down 12.5%
King −11.8% down 11.8%
Vaughan −7.4% down 7.4%
Aurora −6.5% down 6.5%
Markham −5.7% down 5.7%

Sales, month-over-month

Top 5

East Gwillimbury −56.0% down 56.0%
Aurora −57.0% down 57.0%
Whitchurch-Stouffville −64.4% down 64.4%
Richmond Hill −65.1% down 65.1%
Georgina −65.4% down 65.4%

Bottom 5

King −75.0% down 75.0%
Vaughan −72.9% down 72.9%
Markham −72.8% down 72.8%
Newmarket −71.0% down 71.0%
Georgina −65.4% down 65.4%

York Region

King focus

King, York Region

$1,189,000

−$159,483 −11.8% down $159,483, 11.8% versus March 2020

Sales: 10
SP/LP: 96%
DOM: 33
SNLR: 26.3%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,184,739

+$260,117 +28.1% up $260,117, 28.1% versus March 2020

Sales: 16
SP/LP: 95%
DOM: 42
SNLR: 30.2%

Full history →

Vaughan focus

Vaughan, York Region

$1,029,829

−$82,007 −7.4% down $82,007, 7.4% versus March 2020

Sales: 88
SP/LP: 97%
DOM: 24
SNLR: 33.7%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,018,934

−$145,310 −12.5% down $145,310, 12.5% versus March 2020

Sales: 91
SP/LP: 99%
DOM: 22
SNLR: 54.5%

Full history →

Markham focus

Markham, York Region

$1,009,436

−$60,554 −5.7% down $60,554, 5.7% versus March 2020

Sales: 97
SP/LP: 98%
DOM: 18
SNLR: 49.7%

Full history →

Aurora focus

Aurora, York Region

$943,712

−$66,092 −6.5% down $66,092, 6.5% versus March 2020

Sales: 40
SP/LP: 97%
DOM: 22
SNLR: 49.4%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$876,541

+$2,517 +0.3% up $2,517, 0.3% versus March 2020

Sales: 22
SP/LP: 96%
DOM: 25
SNLR: 51.2%

Full history →

Newmarket focus

Newmarket, York Region

$810,818

−$28,047 −3.3% down $28,047, 3.3% versus March 2020

Sales: 45
SP/LP: 98%
DOM: 15
SNLR: 50.6%

Full history →

Georgina focus

Georgina, York Region

$616,193

+$2,889 +0.5% up $2,889, 0.5% versus March 2020

Sales: 27
SP/LP: 96%
DOM: 31
SNLR: 40.9%

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	10	−30 −75.0% down 30, 75.0% versus March 2020	$11.9M	$1,189,000	−$159,483 −11.8% down $159,483, 11.8% versus March 2020	$1,225,000	38	180	96%	33	33	26.3%	18.0
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	16	−29 −64.4% down 29, 64.4% versus March 2020	$19.0M	$1,184,739	+$260,117 +28.1% up $260,117, 28.1% versus March 2020	$933,750	53	145	95%	42	71	30.2%	9.1
Vaughan focus Vaughan, York Region	88	−237 −72.9% down 237, 72.9% versus March 2020	$90.6M	$1,029,829	−$82,007 −7.4% down $82,007, 7.4% versus March 2020	$970,000	261	554	97%	24	30	33.7%	6.3
Richmond Hill focus Richmond Hill, York Region	91	−170 −65.1% down 170, 65.1% versus March 2020	$92.7M	$1,018,934	−$145,310 −12.5% down $145,310, 12.5% versus March 2020	$910,000	167	399	99%	22	28	54.5%	4.4
Markham focus Markham, York Region	97	−259 −72.8% down 259, 72.8% versus March 2020	$97.9M	$1,009,436	−$60,554 −5.7% down $60,554, 5.7% versus March 2020	$907,000	195	401	98%	18	21	49.7%	4.1
Aurora focus Aurora, York Region	40	−53 −57.0% down 53, 57.0% versus March 2020	$37.7M	$943,712	−$66,092 −6.5% down $66,092, 6.5% versus March 2020	$843,000	81	158	97%	22	30	49.4%	4.0
East Gwillimbury focus East Gwillimbury, York Region	22	−28 −56.0% down 28, 56.0% versus March 2020	$19.3M	$876,541	+$2,517 +0.3% up $2,517, 0.3% versus March 2020	$824,500	43	116	96%	25	25	51.2%	5.3
Newmarket focus Newmarket, York Region	45	−110 −71.0% down 110, 71.0% versus March 2020	$36.5M	$810,818	−$28,047 −3.3% down $28,047, 3.3% versus March 2020	$765,000	89	148	98%	15	18	50.6%	3.3
Georgina focus Georgina, York Region	27	−51 −65.4% down 51, 65.4% versus March 2020	$16.6M	$616,193	+$2,889 +0.5% up $2,889, 0.5% versus March 2020	$610,000	66	166	96%	31	49	40.9%	6.2