Source: TRREB MarketWatch, September 2020

9 areas

York Region

September 2020

Headline indicators

All home types

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

$1,066,380

MoM −$25,053 −2.3% YoY +9.4%

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

$968,500

MoM −$6,500 −0.7% YoY +10.6%

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

$960,000

MoM +$5,000 +0.5% YoY +11.8%

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

2,038

MoM +105 +5.4% YoY +60.1%

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

$2.17B

MoM +$63,542,429 +3.0% YoY +75.1%

New listings — Properties newly listed during the month.

3,831

MoM +373 +10.8% YoY +23.6%

Active listings — Listings available at month end.

3,925

MoM +162 +4.3% YoY −8.6%

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

MoM −1 day −5.0% YoY n/a

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

MoM −3 days −9.7% 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 +2.0%

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

53.2%

MoM −2.7 pp −4.8% YoY +29.5%

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 −1.1% YoY −42.9%

Trend

13 months to September 2020

Average price

York Region average selling price over the 13 months ending September 2020.
Month	Average price
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
Sep '20	1066380

Sales

York Region sales over the 13 months ending September 2020.
Month	Sales
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
Sep '20	2038

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	2,038	+105 +5.4% up 105, 5.4% versus August 2020	$1,066,380	−$25,053 −2.3% down $25,053, 2.3% versus August 2020	$968,500	53.2%	1.9
Detached	1,195	+51 +4.5% up 51, 4.5% versus August 2020	$1,287,017	−$21,413 −1.6% down $21,413, 1.6% versus August 2020	$1,200,000	53.3%	2.0
Semi-detached	134	−23 −14.6% down 23, 14.6% versus August 2020	$858,899	−$7,858 −0.9% down $7,858, 0.9% versus August 2020	$890,000	67.7%	0.9
Att/row/townhouse	292	+4 +1.4% up 4, 1.4% versus August 2020	$883,173	+$4,615 +0.5% up $4,615, 0.5% versus August 2020	$860,000	58.5%	1.3
Condo townhouse	91	+2 +2.2% up 2, 2.2% versus August 2020	$703,225	−$31,276 −4.3% down $31,276, 4.3% versus August 2020	$675,000	56.2%	1.8
Condo apartment	297	+61 +25.8% up 61, 25.8% versus August 2020	$574,658	−$18,025 −3.0% down $18,025, 3.0% versus August 2020	$547,000	44.2%	2.6
Link	28	+9 +47.4% up 9, 47.4% versus August 2020	$969,664	−$6,441 −0.7% down $6,441, 0.7% versus August 2020	$972,500	48.3%	1.4
Co-op apartment	1	+1 up 1 versus August 2020	$500,000	+$500,000 up $500,000 versus August 2020	$500,000	100.0%	0.0
Detached condo	0	no change no change versus August 2020	$0	no change no change versus August 2020	—	—	—
Co-ownership apartment	0	no change no change versus August 2020	$0	no change no change versus August 2020	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	284.3	$960,000	+11.8% up 11.8%
Single-family detached	288	$1,095,200	+12.2% up 12.2%
Single-family attached	287	$830,300	+12.0% up 12.0%
Townhouse	268.6	$697,100	+13.0% up 13.0%
Apartment	255.7	$570,500	+9.8% up 9.8%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Aurora +8.4% up 8.4%
Vaughan −0.3% down 0.3%
Georgina −0.8% down 0.8%
Newmarket −1.5% down 1.5%
Whitchurch-Stouffville −2.1% down 2.1%

Bottom 5

King −6.4% down 6.4%
Markham −5.0% down 5.0%
East Gwillimbury −4.5% down 4.5%
Richmond Hill −4.0% down 4.0%
Whitchurch-Stouffville −2.1% down 2.1%

Sales, month-over-month

Top 5

Whitchurch-Stouffville +18.7% up 18.7%
Richmond Hill +16.4% up 16.4%
Georgina +13.4% up 13.4%
Aurora +7.9% up 7.9%
Vaughan +7.6% up 7.6%

Bottom 5

East Gwillimbury −14.9% down 14.9%
King −13.0% down 13.0%
Newmarket −1.0% down 1.0%
Markham +0.2% up 0.2%
Vaughan +7.6% up 7.6%

York Region

King focus

King, York Region

$1,560,334

−$106,663 −6.4% down $106,663, 6.4% versus August 2020

Sales: 60
SP/LP: 97%
DOM: 36
SNLR: 52.2%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,154,125

−$47,502 −4.0% down $47,502, 4.0% versus August 2020

Sales: 355
SP/LP: 100%
DOM: 22
SNLR: 49.0%

Full history →

Aurora focus

Aurora, York Region

$1,126,908

+$87,242 +8.4% up $87,242, 8.4% versus August 2020

Sales: 151
SP/LP: 99%
DOM: 22
SNLR: 59.9%

Full history →

Vaughan focus

Vaughan, York Region

$1,105,912

−$2,986 −0.3% down $2,986, 0.3% versus August 2020

Sales: 482
SP/LP: 100%
DOM: 19
SNLR: 48.8%

Full history →

Markham focus

Markham, York Region

$1,067,739

−$55,903 −5.0% down $55,903, 5.0% versus August 2020

Sales: 472
SP/LP: 102%
DOM: 17
SNLR: 48.5%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,064,262

−$22,487 −2.1% down $22,487, 2.1% versus August 2020

Sales: 108
SP/LP: 99%
DOM: 20
SNLR: 65.5%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$922,841

−$43,902 −4.5% down $43,902, 4.5% versus August 2020

Sales: 74
SP/LP: 100%
DOM: 21
SNLR: 56.9%

Full history →

Newmarket focus

Newmarket, York Region

$917,234

−$14,298 −1.5% down $14,298, 1.5% versus August 2020

Sales: 201
SP/LP: 102%
DOM: 13
SNLR: 67.2%

Full history →

Georgina focus

Georgina, York Region

$704,944

−$5,507 −0.8% down $5,507, 0.8% versus August 2020

Sales: 135
SP/LP: 100%
DOM: 19
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	−9 −13.0% down 9, 13.0% versus August 2020	$93.6M	$1,560,334	−$106,663 −6.4% down $106,663, 6.4% versus August 2020	$1,465,000	115	210	97%	36	45	52.2%	3.5
Richmond Hill focus Richmond Hill, York Region	355	+50 +16.4% up 50, 16.4% versus August 2020	$409.7M	$1,154,125	−$47,502 −4.0% down $47,502, 4.0% versus August 2020	$1,068,000	725	855	100%	22	34	49.0%	2.4
Aurora focus Aurora, York Region	151	+11 +7.9% up 11, 7.9% versus August 2020	$170.2M	$1,126,908	+$87,242 +8.4% up $87,242, 8.4% versus August 2020	$974,000	252	253	99%	22	28	59.9%	1.7
Vaughan focus Vaughan, York Region	482	+34 +7.6% up 34, 7.6% versus August 2020	$533.0M	$1,105,912	−$2,986 −0.3% down $2,986, 0.3% versus August 2020	$1,017,500	988	1,043	100%	19	28	48.8%	2.2
Markham focus Markham, York Region	472	+1 +0.2% up 1, 0.2% versus August 2020	$504.0M	$1,067,739	−$55,903 −5.0% down $55,903, 5.0% versus August 2020	$990,000	974	886	102%	17	24	48.5%	1.9
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	108	+17 +18.7% up 17, 18.7% versus August 2020	$114.9M	$1,064,262	−$22,487 −2.1% down $22,487, 2.1% versus August 2020	$958,500	165	195	99%	20	25	65.5%	1.8
East Gwillimbury focus East Gwillimbury, York Region	74	−13 −14.9% down 13, 14.9% versus August 2020	$68.3M	$922,841	−$43,902 −4.5% down $43,902, 4.5% versus August 2020	$880,500	130	123	100%	21	30	56.9%	1.7
Newmarket focus Newmarket, York Region	201	−2 −1.0% down 2, 1.0% versus August 2020	$184.4M	$917,234	−$14,298 −1.5% down $14,298, 1.5% versus August 2020	$862,000	299	214	102%	13	19	67.2%	1.1
Georgina focus Georgina, York Region	135	+16 +13.4% up 16, 13.4% versus August 2020	$95.2M	$704,944	−$5,507 −0.8% down $5,507, 0.8% versus August 2020	$650,000	183	146	100%	19	29	73.8%	1.1