Source: TRREB MarketWatch, August 2020

9 areas

York Region

August 2020

Headline indicators

All home types

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

$1,091,433

MoM −$2,278 −0.2% YoY +14.7%

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

$975,000

MoM +$5,000 +0.5% YoY +14.0%

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

$955,000

MoM +$11,900 +1.3% YoY +11.2%

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

1,933

MoM +83 +4.5% YoY +46.6%

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

$2.11B

MoM +$86,373,918 +4.3% YoY +68.1%

New listings — Properties newly listed during the month.

3,458

MoM +152 +4.6% YoY +47.7%

Active listings — Listings available at month end.

3,763

MoM +445 +13.4% YoY −6.6%

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

MoM no change YoY n/a

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

MoM +1 day +3.3% YoY n/a

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

100%

MoM no change YoY +3.1%

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

55.9%

MoM −0.1 pp −0.1% YoY −0.8%

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.

1.9

MoM +0 +8.5% YoY −36.3%

Trend

13 months to August 2020

Average price

York Region average selling price over the 13 months ending August 2020.
Month	Average price
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
Aug '20	1091433

Sales

York Region sales over the 13 months ending August 2020.
Month	Sales
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
Aug '20	1933

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,933	+83 +4.5% up 83, 4.5% versus July 2020	$1,091,433	−$2,278 −0.2% down $2,278, 0.2% versus July 2020	$975,000	55.9%	1.9
Detached	1,144	+8 +0.7% up 8, 0.7% versus July 2020	$1,308,430	+$13,543 +1.0% up $13,543, 1.0% versus July 2020	$1,205,000	54.9%	2.1
Semi-detached	157	+16 +11.3% up 16, 11.3% versus July 2020	$866,757	−$7,974 −0.9% down $7,974, 0.9% versus July 2020	$880,000	76.6%	0.8
Att/row/townhouse	288	+7 +2.5% up 7, 2.5% versus July 2020	$878,558	+$20,291 +2.4% up $20,291, 2.4% versus July 2020	$867,000	61.1%	1.3
Condo townhouse	89	+17 +23.6% up 17, 23.6% versus July 2020	$734,501	+$31,772 +4.5% up $31,772, 4.5% versus July 2020	$705,000	54.6%	1.8
Condo apartment	236	+47 +24.9% up 47, 24.9% versus July 2020	$592,683	+$21,276 +3.7% up $21,276, 3.7% versus July 2020	$557,500	47.3%	3.0
Link	19	−12 −38.7% down 12, 38.7% versus July 2020	$976,105	+$31,879 +3.4% up $31,879, 3.4% versus July 2020	$935,800	55.9%	1.6
Co-op apartment	0	no change no change versus July 2020	$0	no change no change versus July 2020	—	0.0%	—
Detached condo	0	no change no change versus July 2020	$0	no change no change versus July 2020	—	—	—
Co-ownership apartment	0	no change no change versus July 2020	$0	no change no change versus July 2020	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	282.8	$955,000	+11.2% up 11.2%
Single-family detached	285.5	$1,085,700	+11.1% up 11.1%
Single-family attached	284.8	$824,000	+11.3% up 11.3%
Townhouse	266.8	$692,400	+12.0% up 12.0%
Apartment	257.7	$574,900	+11.2% up 11.2%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Newmarket +7.9% up 7.9%
Whitchurch-Stouffville +4.1% up 4.1%
Markham +2.8% up 2.8%
Georgina +1.5% up 1.5%
East Gwillimbury +0.0% up 0.0%

Bottom 5

King −11.6% down 11.6%
Aurora −7.4% down 7.4%
Vaughan −2.8% down 2.8%
Richmond Hill −0.2% down 0.2%
East Gwillimbury +0.0% up 0.0%

Sales, month-over-month

Top 5

East Gwillimbury +26.1% up 26.1%
Newmarket +17.3% up 17.3%
Aurora +14.8% up 14.8%
Richmond Hill +8.5% up 8.5%
Markham +6.3% up 6.3%

Bottom 5

Whitchurch-Stouffville −18.0% down 18.0%
Georgina −11.9% down 11.9%
Vaughan −0.4% down 0.4%
King +4.5% up 4.5%
Markham +6.3% up 6.3%

York Region

King focus

King, York Region

$1,666,997

−$218,926 −11.6% down $218,926, 11.6% versus July 2020

Sales: 69
SP/LP: 96%
DOM: 42
SNLR: 68.3%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,201,627

−$2,442 −0.2% down $2,442, 0.2% versus July 2020

Sales: 305
SP/LP: 101%
DOM: 20
SNLR: 44.1%

Full history →

Markham focus

Markham, York Region

$1,123,642

+$30,977 +2.8% up $30,977, 2.8% versus July 2020

Sales: 471
SP/LP: 102%
DOM: 18
SNLR: 58.4%

Full history →

Vaughan focus

Vaughan, York Region

$1,108,898

−$31,548 −2.8% down $31,548, 2.8% versus July 2020

Sales: 448
SP/LP: 100%
DOM: 19
SNLR: 50.1%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,086,749

+$43,212 +4.1% up $43,212, 4.1% versus July 2020

Sales: 91
SP/LP: 98%
DOM: 26
SNLR: 56.5%

Full history →

Aurora focus

Aurora, York Region

$1,039,666

−$82,885 −7.4% down $82,885, 7.4% versus July 2020

Sales: 140
SP/LP: 100%
DOM: 22
SNLR: 55.6%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$966,743

+$335 +0.0% up $335, 0.0% versus July 2020

Sales: 87
SP/LP: 100%
DOM: 22
SNLR: 75.7%

Full history →

Newmarket focus

Newmarket, York Region

$931,532

+$68,166 +7.9% up $68,166, 7.9% versus July 2020

Sales: 203
SP/LP: 101%
DOM: 16
SNLR: 73.5%

Full history →

Georgina focus

Georgina, York Region

$710,451

+$10,661 +1.5% up $10,661, 1.5% versus July 2020

Sales: 119
SP/LP: 98%
DOM: 27
SNLR: 74.4%

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	69	+3 +4.5% up 3, 4.5% versus July 2020	$115.0M	$1,666,997	−$218,926 −11.6% down $218,926, 11.6% versus July 2020	$1,400,000	101	191	96%	42	66	68.3%	2.8
Richmond Hill focus Richmond Hill, York Region	305	+24 +8.5% up 24, 8.5% versus July 2020	$366.5M	$1,201,627	−$2,442 −0.2% down $2,442, 0.2% versus July 2020	$1,066,000	692	843	101%	20	32	44.1%	2.8
Markham focus Markham, York Region	471	+28 +6.3% up 28, 6.3% versus July 2020	$529.2M	$1,123,642	+$30,977 +2.8% up $30,977, 2.8% versus July 2020	$1,023,800	807	808	102%	18	27	58.4%	1.7
Vaughan focus Vaughan, York Region	448	−2 −0.4% down 2, 0.4% versus July 2020	$496.8M	$1,108,898	−$31,548 −2.8% down $31,548, 2.8% versus July 2020	$1,047,500	894	978	100%	19	28	50.1%	2.2
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	91	−20 −18.0% down 20, 18.0% versus July 2020	$98.9M	$1,086,749	+$43,212 +4.1% up $43,212, 4.1% versus July 2020	$930,000	161	193	98%	26	36	56.5%	2.1
Aurora focus Aurora, York Region	140	+18 +14.8% up 18, 14.8% versus July 2020	$145.6M	$1,039,666	−$82,885 −7.4% down $82,885, 7.4% versus July 2020	$940,000	252	262	100%	22	34	55.6%	1.9
East Gwillimbury focus East Gwillimbury, York Region	87	+18 +26.1% up 18, 26.1% versus July 2020	$84.1M	$966,743	+$335 +0.0% up $335, 0.0% versus July 2020	$916,600	115	121	100%	22	30	75.7%	1.4
Newmarket focus Newmarket, York Region	203	+30 +17.3% up 30, 17.3% versus July 2020	$189.1M	$931,532	+$68,166 +7.9% up $68,166, 7.9% versus July 2020	$860,000	276	220	101%	16	26	73.5%	1.1
Georgina focus Georgina, York Region	119	−16 −11.9% down 16, 11.9% versus July 2020	$84.5M	$710,451	+$10,661 +1.5% up $10,661, 1.5% versus July 2020	$640,000	160	147	98%	27	39	74.4%	1.2