Source: TRREB MarketWatch, October 2020

9 areas

York Region

October 2020

Headline indicators

All home types

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

$1,107,204

MoM +$40,824 +3.8% YoY +15.7%

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

$975,000

MoM +$6,500 +0.7% YoY +14.0%

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

$964,100

MoM +$4,100 +0.4% YoY +12.1%

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

1,919

MoM −119 −5.8% YoY +36.2%

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

$2.12B

MoM −$48,557,531 −2.2% YoY +57.6%

New listings — Properties newly listed during the month.

3,053

MoM −778 −20.3% YoY +27.6%

Active listings — Listings available at month end.

3,598

MoM −327 −8.3% YoY −4.4%

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

MoM +2 days +10.5% YoY n/a

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

MoM +2 days +7.1% 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.

62.9%

MoM +9.7 pp +18.2% YoY +6.7%

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 −2.6% YoY −29.8%

Trend

13 months to October 2020

Average price

York Region average selling price over the 13 months ending October 2020.
Month	Average price
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
Oct '20	1107204

Sales

York Region sales over the 13 months ending October 2020.
Month	Sales
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
Oct '20	1919

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,919	−119 −5.8% down 119, 5.8% versus September 2020	$1,107,204	+$40,824 +3.8% up $40,824, 3.8% versus September 2020	$975,000	62.9%	1.9
Detached	1,114	−81 −6.8% down 81, 6.8% versus September 2020	$1,353,088	+$66,071 +5.1% up $66,071, 5.1% versus September 2020	$1,230,000	63.8%	2.0
Semi-detached	127	−7 −5.2% down 7, 5.2% versus September 2020	$930,428	+$71,529 +8.3% up $71,529, 8.3% versus September 2020	$880,000	88.2%	0.8
Att/row/townhouse	280	−12 −4.1% down 12, 4.1% versus September 2020	$880,320	−$2,853 −0.3% down $2,853, 0.3% versus September 2020	$853,250	74.1%	1.1
Condo townhouse	87	−4 −4.4% down 4, 4.4% versus September 2020	$711,170	+$7,945 +1.1% up $7,945, 1.1% versus September 2020	$672,000	63.0%	1.7
Condo apartment	281	−16 −5.4% down 16, 5.4% versus September 2020	$576,004	+$1,346 +0.2% up $1,346, 0.2% versus September 2020	$536,000	46.8%	2.9
Link	29	+1 +3.6% up 1, 3.6% versus September 2020	$963,017	−$6,647 −0.7% down $6,647, 0.7% versus September 2020	$980,000	67.4%	1.2
Co-op apartment	0	−1 −100.0% down 1, 100.0% versus September 2020	$0	−$500,000 −100.0% down $500,000, 100.0% versus September 2020	—	0.0%	—
Detached condo	1	+1 up 1 versus September 2020	$1,074,000	+$1,074,000 up $1,074,000 versus September 2020	$1,074,000	100.0%	0.0
Co-ownership apartment	0	no change no change versus September 2020	$0	no change no change versus September 2020	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	285.5	$964,100	+12.1% up 12.1%
Single-family detached	289.5	$1,100,900	+12.7% up 12.7%
Single-family attached	288.9	$835,800	+12.5% up 12.5%
Townhouse	269.6	$699,700	+12.2% up 12.2%
Apartment	255.3	$569,600	+9.6% up 9.6%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

King +24.6% up 24.6%
Vaughan +9.6% up 9.6%
East Gwillimbury +8.1% up 8.1%
Whitchurch-Stouffville +3.3% up 3.3%
Richmond Hill +1.7% up 1.7%

Bottom 5

Aurora −6.6% down 6.6%
Georgina −1.3% down 1.3%
Newmarket −0.3% down 0.3%
Markham +0.6% up 0.6%
Richmond Hill +1.7% up 1.7%

Sales, month-over-month

Top 5

East Gwillimbury +8.1% up 8.1%
Vaughan −0.2% down 0.2%
Newmarket −2.0% down 2.0%
Whitchurch-Stouffville −5.6% down 5.6%
Markham −7.2% down 7.2%

Bottom 5

Georgina −16.3% down 16.3%
King −11.7% down 11.7%
Richmond Hill −10.7% down 10.7%
Aurora −8.6% down 8.6%
Markham −7.2% down 7.2%

York Region

King focus

King, York Region

$1,944,954

+$384,620 +24.6% up $384,620, 24.6% versus September 2020

Sales: 53
SP/LP: 98%
DOM: 41
SNLR: 56.4%

Full history →

Vaughan focus

Vaughan, York Region

$1,212,174

+$106,262 +9.6% up $106,262, 9.6% versus September 2020

Sales: 481
SP/LP: 100%
DOM: 20
SNLR: 59.4%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,173,826

+$19,701 +1.7% up $19,701, 1.7% versus September 2020

Sales: 317
SP/LP: 99%
DOM: 23
SNLR: 53.8%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,099,488

+$35,226 +3.3% up $35,226, 3.3% versus September 2020

Sales: 102
SP/LP: 100%
DOM: 24
SNLR: 76.1%

Full history →

Markham focus

Markham, York Region

$1,074,125

+$6,386 +0.6% up $6,386, 0.6% versus September 2020

Sales: 438
SP/LP: 102%
DOM: 18
SNLR: 58.4%

Full history →

Aurora focus

Aurora, York Region

$1,052,457

−$74,451 −6.6% down $74,451, 6.6% versus September 2020

Sales: 138
SP/LP: 99%
DOM: 20
SNLR: 78.4%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$997,325

+$74,484 +8.1% up $74,484, 8.1% versus September 2020

Sales: 80
SP/LP: 101%
DOM: 21
SNLR: 88.9%

Full history →

Newmarket focus

Newmarket, York Region

$914,865

−$2,369 −0.3% down $2,369, 0.3% versus September 2020

Sales: 197
SP/LP: 100%
DOM: 15
SNLR: 79.8%

Full history →

Georgina focus

Georgina, York Region

$695,709

−$9,235 −1.3% down $9,235, 1.3% versus September 2020

Sales: 113
SP/LP: 99%
DOM: 23
SNLR: 69.3%

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	53	−7 −11.7% down 7, 11.7% versus September 2020	$103.1M	$1,944,954	+$384,620 +24.6% up $384,620, 24.6% versus September 2020	$1,650,000	94	196	98%	41	56	56.4%	3.7
Vaughan focus Vaughan, York Region	481	−1 −0.2% down 1, 0.2% versus September 2020	$583.1M	$1,212,174	+$106,262 +9.6% up $106,262, 9.6% versus September 2020	$1,070,000	810	975	100%	20	30	59.4%	2.0
Richmond Hill focus Richmond Hill, York Region	317	−38 −10.7% down 38, 10.7% versus September 2020	$372.1M	$1,173,826	+$19,701 +1.7% up $19,701, 1.7% versus September 2020	$1,050,000	589	801	99%	23	34	53.8%	2.5
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	102	−6 −5.6% down 6, 5.6% versus September 2020	$112.1M	$1,099,488	+$35,226 +3.3% up $35,226, 3.3% versus September 2020	$925,500	134	178	100%	24	37	76.1%	1.8
Markham focus Markham, York Region	438	−34 −7.2% down 34, 7.2% versus September 2020	$470.5M	$1,074,125	+$6,386 +0.6% up $6,386, 0.6% versus September 2020	$985,000	750	834	102%	18	25	58.4%	1.9
Aurora focus Aurora, York Region	138	−13 −8.6% down 13, 8.6% versus September 2020	$145.2M	$1,052,457	−$74,451 −6.6% down $74,451, 6.6% versus September 2020	$949,300	176	192	99%	20	30	78.4%	1.4
East Gwillimbury focus East Gwillimbury, York Region	80	+6 +8.1% up 6, 8.1% versus September 2020	$79.8M	$997,325	+$74,484 +8.1% up $74,484, 8.1% versus September 2020	$890,000	90	97	101%	21	27	88.9%	1.2
Newmarket focus Newmarket, York Region	197	−4 −2.0% down 4, 2.0% versus September 2020	$180.2M	$914,865	−$2,369 −0.3% down $2,369, 0.3% versus September 2020	$850,000	247	173	100%	15	22	79.8%	0.9
Georgina focus Georgina, York Region	113	−22 −16.3% down 22, 16.3% versus September 2020	$78.6M	$695,709	−$9,235 −1.3% down $9,235, 1.3% versus September 2020	$675,000	163	152	99%	23	33	69.3%	1.4