Source: TRREB MarketWatch, June 2020

9 areas

York Region

June 2020

Headline indicators

All home types

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

$1,093,826

MoM +$83,081 +8.2% YoY +17.5%

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

$960,000

MoM +$40,000 +4.3% YoY +12.4%

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

$926,900

MoM −$5,100 −0.5% YoY +7.9%

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

1,354

MoM +662 +95.7% YoY −3.8%

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

$1.48B

MoM +$781,605,597 +111.7% YoY +13.1%

New listings — Properties newly listed during the month.

2,891

MoM +1,285 +80.0% YoY −6.7%

Active listings — Listings available at month end.

3,066

MoM +578 +23.2% YoY −38.4%

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

MoM −7 days −24.1% YoY n/a

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

MoM −7 days −17.9% 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 +1.0%

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

46.8%

MoM +3.7 pp +8.7% YoY +3.1%

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.

2.3

MoM −1 −37.0% YoY −36.0%

Trend

13 months to June 2020

Average price

York Region average selling price over the 13 months ending June 2020.
Month	Average price
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
May '20	1010745
Jun '20	1093826

Sales

York Region sales over the 13 months ending June 2020.
Month	Sales
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
May '20	692
Jun '20	1354

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,354	+662 +95.7% up 662, 95.7% versus May 2020	$1,093,826	+$83,081 +8.2% up $83,081, 8.2% versus May 2020	$960,000	46.8%	2.3
Detached	856	+428 +100.0% up 428, 100.0% versus May 2020	$1,283,136	+$105,985 +9.0% up $105,985, 9.0% versus May 2020	$1,145,500	47.3%	2.4
Semi-detached	92	+28 +43.8% up 28, 43.8% versus May 2020	$860,026	+$57,194 +7.1% up $57,194, 7.1% versus May 2020	$856,500	56.4%	1.3
Att/row/townhouse	201	+102 +103.0% up 102, 103.0% versus May 2020	$858,981	+$15,423 +1.8% up $15,423, 1.8% versus May 2020	$848,000	49.0%	1.7
Condo townhouse	51	+20 +64.5% up 20, 64.5% versus May 2020	$694,457	+$84,054 +13.8% up $84,054, 13.8% versus May 2020	$690,000	54.8%	1.6
Condo apartment	132	+71 +116.4% up 71, 116.4% versus May 2020	$571,052	+$18,283 +3.3% up $18,283, 3.3% versus May 2020	$536,900	34.7%	3.2
Link	22	+13 +144.4% up 13, 144.4% versus May 2020	$913,764	+$15,986 +1.8% up $15,986, 1.8% versus May 2020	$946,500	64.7%	1.1
Co-op apartment	0	no change no change versus May 2020	$0	no change no change versus May 2020	—	0.0%	—
Detached condo	0	no change no change versus May 2020	$0	no change no change versus May 2020	—	—	—
Co-ownership apartment	0	no change no change versus May 2020	$0	no change no change versus May 2020	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	274.5	$926,900	+7.9% up 7.9%
Single-family detached	275.5	$1,047,700	+7.0% up 7.0%
Single-family attached	276.1	$798,800	+7.8% up 7.8%
Townhouse	257.9	$669,300	+7.9% up 7.9%
Apartment	255.3	$569,600	+11.2% up 11.2%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

King +29.8% up 29.8%
East Gwillimbury +19.2% up 19.2%
Richmond Hill +15.5% up 15.5%
Georgina +12.7% up 12.7%
Aurora +12.4% up 12.4%

Bottom 5

Whitchurch-Stouffville −9.6% down 9.6%
Markham +0.2% up 0.2%
Newmarket +4.7% up 4.7%
Vaughan +4.8% up 4.8%
Aurora +12.4% up 12.4%

Sales, month-over-month

Top 5

Whitchurch-Stouffville +145.7% up 145.7%
East Gwillimbury +140.0% up 140.0%
King +130.8% up 130.8%
Aurora +112.2% up 112.2%
Richmond Hill +111.5% up 111.5%

Bottom 5

Newmarket +40.2% up 40.2%
Vaughan +79.8% up 79.8%
Georgina +80.3% up 80.3%
Markham +110.8% up 110.8%
Richmond Hill +111.5% up 111.5%

York Region

King focus

King, York Region

$1,749,495

+$401,776 +29.8% up $401,776, 29.8% versus May 2020

Sales: 60
SP/LP: 94%
DOM: 41
SNLR: 50.0%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,213,191

+$162,696 +15.5% up $162,696, 15.5% versus May 2020

Sales: 203
SP/LP: 99%
DOM: 24
SNLR: 39.9%

Full history →

Vaughan focus

Vaughan, York Region

$1,154,352

+$53,371 +4.8% up $53,371, 4.8% versus May 2020

Sales: 293
SP/LP: 99%
DOM: 21
SNLR: 40.1%

Full history →

Markham focus

Markham, York Region

$1,086,502

+$2,618 +0.2% up $2,618, 0.2% versus May 2020

Sales: 333
SP/LP: 101%
DOM: 16
SNLR: 48.5%

Full history →

Aurora focus

Aurora, York Region

$1,068,255

+$117,682 +12.4% up $117,682, 12.4% versus May 2020

Sales: 87
SP/LP: 97%
DOM: 24
SNLR: 49.7%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,025,359

+$165,067 +19.2% up $165,067, 19.2% versus May 2020

Sales: 60
SP/LP: 98%
DOM: 29
SNLR: 63.8%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,020,246

−$108,687 −9.6% down $108,687, 9.6% versus May 2020

Sales: 86
SP/LP: 98%
DOM: 20
SNLR: 46.0%

Full history →

Newmarket focus

Newmarket, York Region

$889,534

+$39,683 +4.7% up $39,683, 4.7% versus May 2020

Sales: 122
SP/LP: 99%
DOM: 16
SNLR: 51.0%

Full history →

Georgina focus

Georgina, York Region

$718,539

+$80,782 +12.7% up $80,782, 12.7% versus May 2020

Sales: 110
SP/LP: 97%
DOM: 28
SNLR: 73.8%

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	60	+34 +130.8% up 34, 130.8% versus May 2020	$105.0M	$1,749,495	+$401,776 +29.8% up $401,776, 29.8% versus May 2020	$1,530,000	120	189	94%	41	61	50.0%	3.1
Richmond Hill focus Richmond Hill, York Region	203	+107 +111.5% up 107, 111.5% versus May 2020	$246.3M	$1,213,191	+$162,696 +15.5% up $162,696, 15.5% versus May 2020	$1,051,800	509	581	99%	24	32	39.9%	2.9
Vaughan focus Vaughan, York Region	293	+130 +79.8% up 130, 79.8% versus May 2020	$338.2M	$1,154,352	+$53,371 +4.8% up $53,371, 4.8% versus May 2020	$1,050,000	731	777	99%	21	33	40.1%	2.6
Markham focus Markham, York Region	333	+175 +110.8% up 175, 110.8% versus May 2020	$361.8M	$1,086,502	+$2,618 +0.2% up $2,618, 0.2% versus May 2020	$960,000	687	620	101%	16	25	48.5%	1.9
Aurora focus Aurora, York Region	87	+46 +112.2% up 46, 112.2% versus May 2020	$92.9M	$1,068,255	+$117,682 +12.4% up $117,682, 12.4% versus May 2020	$910,000	175	207	97%	24	28	49.7%	2.4
East Gwillimbury focus East Gwillimbury, York Region	60	+35 +140.0% up 35, 140.0% versus May 2020	$61.5M	$1,025,359	+$165,067 +19.2% up $165,067, 19.2% versus May 2020	$873,000	94	120	98%	29	48	63.8%	2.0
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	86	+51 +145.7% up 51, 145.7% versus May 2020	$87.7M	$1,020,246	−$108,687 −9.6% down $108,687, 9.6% versus May 2020	$915,000	187	192	98%	20	28	46.0%	2.2
Newmarket focus Newmarket, York Region	122	+35 +40.2% up 35, 40.2% versus May 2020	$108.5M	$889,534	+$39,683 +4.7% up $39,683, 4.7% versus May 2020	$840,000	239	221	99%	16	23	51.0%	1.8
Georgina focus Georgina, York Region	110	+49 +80.3% up 49, 80.3% versus May 2020	$79.0M	$718,539	+$80,782 +12.7% up $80,782, 12.7% versus May 2020	$637,500	149	159	97%	28	41	73.8%	1.4