Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,093,711
MoM −$115 −0.0% down $115, 0.0% versus June 2020 YoY +17.5% up 17.5% versus July 2019
Source: TRREB MarketWatch, July 2020
9 areas
York Region
July 2020
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$970,000
MoM +$10,000 +1.0% up $10,000, 1.0% versus June 2020 YoY +12.9% up 12.9% versus July 2019
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$943,100
MoM +$16,200 +1.7% up $16,200, 1.7% versus June 2020 YoY +10.1% up 10.1% versus July 2019
Sales — Firm transactions reported through the MLS® System during the month.
1,850
MoM +496 +36.6% up 496, 36.6% versus June 2020 YoY +28.1% up 28.1% versus July 2019
Dollar volume — Total value of all sales in the month.
$2.02B
MoM +$542,324,511 +36.6% up $542,324,511, 36.6% versus June 2020 YoY +50.6% up 50.6% versus July 2019
New listings — Properties newly listed during the month.
3,306
MoM +415 +14.4% up 415, 14.4% versus June 2020 YoY +14.1% up 14.1% versus July 2019
Active listings — Listings available at month end.
3,318
MoM +252 +8.2% up 252, 8.2% versus June 2020 YoY −27.3% down 27.3% versus July 2019
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
20
MoM −2 days −9.1% down 2 days, 9.1% versus June 2020 YoY n/a not available, prior month not on file versus July 2019
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
30
MoM −2 days −6.3% down 2 days, 6.3% versus June 2020 YoY n/a not available, prior month not on file versus July 2019
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
100%
MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus June 2020 YoY +2.0% up 2.0% versus July 2019
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
56.0%
MoM +9.1 pp +19.5% up 9.1 pp, 19.5% versus June 2020 YoY +12.3% up 12.3% versus July 2019
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.
1.8
MoM −0 −20.8% down 0, 20.8% versus June 2020 YoY −43.3% down 43.3% versus July 2019
Trend
13 months to July 2020
Average price
| Month | Average price |
|---|---|
| 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 |
| Jul '20 | 1093711 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Jul '20 | 1850 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,850 | +496 +36.6% up 496, 36.6% versus June 2020 | $1,093,711 | −$115 −0.0% down $115, 0.0% versus June 2020 | $970,000 | 56.0% | 1.8 |
| Detached | 1,136 | +280 +32.7% up 280, 32.7% versus June 2020 | $1,294,887 | +$11,751 +0.9% up $11,751, 0.9% versus June 2020 | $1,194,000 | 54.0% | 2.0 |
| Semi-detached | 141 | +49 +53.3% up 49, 53.3% versus June 2020 | $874,731 | +$14,705 +1.7% up $14,705, 1.7% versus June 2020 | $872,000 | 66.5% | 0.9 |
| Att/row/townhouse | 281 | +80 +39.8% up 80, 39.8% versus June 2020 | $858,267 | −$714 −0.1% down $714, 0.1% versus June 2020 | $850,000 | 64.5% | 1.2 |
| Condo townhouse | 72 | +21 +41.2% up 21, 41.2% versus June 2020 | $702,729 | +$8,272 +1.2% up $8,272, 1.2% versus June 2020 | $720,000 | 60.5% | 1.3 |
| Condo apartment | 189 | +57 +43.2% up 57, 43.2% versus June 2020 | $571,407 | +$355 +0.1% up $355, 0.1% versus June 2020 | $545,000 | 49.5% | 2.4 |
| Link | 31 | +9 +40.9% up 9, 40.9% versus June 2020 | $944,226 | +$30,462 +3.3% up $30,462, 3.3% versus June 2020 | $950,000 | 58.5% | 1.0 |
| Co-op apartment | 0 | no change no change versus June 2020 | $0 | no change no change versus June 2020 | — | — | — |
| Detached condo | 0 | no change no change versus June 2020 | $0 | no change no change versus June 2020 | — | — | — |
| Co-ownership apartment | 0 | no change no change versus June 2020 | $0 | no change no change versus June 2020 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 279.3 | $943,100 | +10.1% up 10.1% |
| Single-family detached | 280.9 | $1,068,200 | +9.3% up 9.3% |
| Single-family attached | 280.9 | $812,700 | +9.9% up 9.9% |
| Townhouse | 263.7 | $684,400 | +10.7% up 10.7% |
| Apartment | 258.4 | $576,500 | +12.4% up 12.4% |
Movers within York Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- King +7.8% up 7.8%
- Aurora +5.1% up 5.1%
- Whitchurch-Stouffville +2.3% up 2.3%
- Markham +0.6% up 0.6%
- Richmond Hill −0.8% down 0.8%
Bottom 5
- East Gwillimbury −5.7% down 5.7%
- Newmarket −2.9% down 2.9%
- Georgina −2.6% down 2.6%
- Vaughan −1.2% down 1.2%
- Richmond Hill −0.8% down 0.8%
Sales, month-over-month
Top 5
- Vaughan +53.6% up 53.6%
- Newmarket +41.8% up 41.8%
- Aurora +40.2% up 40.2%
- Richmond Hill +38.4% up 38.4%
- Markham +33.0% up 33.0%
Bottom 5
- King +10.0% up 10.0%
- East Gwillimbury +15.0% up 15.0%
- Georgina +22.7% up 22.7%
- Whitchurch-Stouffville +29.1% up 29.1%
- Markham +33.0% up 33.0%
York Region
King focus
King, York Region
$1,885,923
+$136,428 +7.8% up $136,428, 7.8% versus June 2020
- Sales
- 66
- SP/LP
- 96%
- DOM
- 36
- SNLR
- 62.9%
Richmond Hill focus
Richmond Hill, York Region
$1,204,069
−$9,122 −0.8% down $9,122, 0.8% versus June 2020
- Sales
- 281
- SP/LP
- 99%
- DOM
- 20
- SNLR
- 43.0%
Vaughan focus
Vaughan, York Region
$1,140,446
−$13,906 −1.2% down $13,906, 1.2% versus June 2020
- Sales
- 450
- SP/LP
- 99%
- DOM
- 20
- SNLR
- 55.0%
Aurora focus
Aurora, York Region
$1,122,551
+$54,296 +5.1% up $54,296, 5.1% versus June 2020
- Sales
- 122
- SP/LP
- 99%
- DOM
- 23
- SNLR
- 62.9%
Markham focus
Markham, York Region
$1,092,665
+$6,163 +0.6% up $6,163, 0.6% versus June 2020
- Sales
- 443
- SP/LP
- 102%
- DOM
- 15
- SNLR
- 56.1%
Whitchurch-Stouffville focus
Whitchurch-Stouffville, York Region
$1,043,537
+$23,291 +2.3% up $23,291, 2.3% versus June 2020
- Sales
- 111
- SP/LP
- 98%
- DOM
- 24
- SNLR
- 76.5%
East Gwillimbury focus
East Gwillimbury, York Region
$966,408
−$58,951 −5.7% down $58,951, 5.7% versus June 2020
- Sales
- 69
- SP/LP
- 99%
- DOM
- 23
- SNLR
- 50.4%
Newmarket focus
Newmarket, York Region
$863,366
−$26,168 −2.9% down $26,168, 2.9% versus June 2020
- Sales
- 173
- SP/LP
- 100%
- DOM
- 21
- SNLR
- 63.6%
Georgina focus
Georgina, York Region
$699,790
−$18,749 −2.6% down $18,749, 2.6% versus June 2020
- Sales
- 135
- SP/LP
- 100%
- DOM
- 23
- SNLR
- 70.3%
All York Region areas
9 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| King focus King, York Region | 66 | +6 +10.0% up 6, 10.0% versus June 2020 | $124.5M | $1,885,923 | +$136,428 +7.8% up $136,428, 7.8% versus June 2020 | $1,671,500 | 105 | 188 | 96% | 36 | 52 | 62.9% | 2.9 |
| Richmond Hill focus Richmond Hill, York Region | 281 | +78 +38.4% up 78, 38.4% versus June 2020 | $338.3M | $1,204,069 | −$9,122 −0.8% down $9,122, 0.8% versus June 2020 | $1,070,000 | 654 | 703 | 99% | 20 | 30 | 43.0% | 2.5 |
| Vaughan focus Vaughan, York Region | 450 | +157 +53.6% up 157, 53.6% versus June 2020 | $513.2M | $1,140,446 | −$13,906 −1.2% down $13,906, 1.2% versus June 2020 | $1,058,000 | 818 | 831 | 99% | 20 | 30 | 55.0% | 1.9 |
| Aurora focus Aurora, York Region | 122 | +35 +40.2% up 35, 40.2% versus June 2020 | $137.0M | $1,122,551 | +$54,296 +5.1% up $54,296, 5.1% versus June 2020 | $989,000 | 194 | 212 | 99% | 23 | 32 | 62.9% | 1.7 |
| Markham focus Markham, York Region | 443 | +110 +33.0% up 110, 33.0% versus June 2020 | $484.1M | $1,092,665 | +$6,163 +0.6% up $6,163, 0.6% versus June 2020 | $1,008,000 | 789 | 676 | 102% | 15 | 24 | 56.1% | 1.5 |
| Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region | 111 | +25 +29.1% up 25, 29.1% versus June 2020 | $115.8M | $1,043,537 | +$23,291 +2.3% up $23,291, 2.3% versus June 2020 | $905,000 | 145 | 180 | 98% | 24 | 34 | 76.5% | 1.6 |
| East Gwillimbury focus East Gwillimbury, York Region | 69 | +9 +15.0% up 9, 15.0% versus June 2020 | $66.7M | $966,408 | −$58,951 −5.7% down $58,951, 5.7% versus June 2020 | $900,000 | 137 | 142 | 99% | 23 | 37 | 50.4% | 2.1 |
| Newmarket focus Newmarket, York Region | 173 | +51 +41.8% up 51, 41.8% versus June 2020 | $149.4M | $863,366 | −$26,168 −2.9% down $26,168, 2.9% versus June 2020 | $824,600 | 272 | 219 | 100% | 21 | 34 | 63.6% | 1.3 |
| Georgina focus Georgina, York Region | 135 | +25 +22.7% up 25, 22.7% versus June 2020 | $94.5M | $699,790 | −$18,749 −2.6% down $18,749, 2.6% versus June 2020 | $660,000 | 192 | 167 | 100% | 23 | 31 | 70.3% | 1.2 |