Source: TRREB MarketWatch, November 2020

9 areas

York Region

November 2020

Headline indicators

All home types

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

$1,094,893

MoM −$12,311 −1.1% YoY +12.3%

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

$986,000

MoM +$11,000 +1.1% YoY +12.0%

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

$970,300

MoM +$6,200 +0.6% YoY +11.8%

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

1,613

MoM −306 −15.9% YoY +37.2%

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

$1.77B

MoM −$358,661,523 −16.9% YoY +54.1%

New listings — Properties newly listed during the month.

2,033

MoM −1,020 −33.4% YoY +28.9%

Active listings — Listings available at month end.

2,815

MoM −783 −21.8% YoY −4.5%

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

MoM +3 days +14.3% YoY n/a

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

MoM +3 days +10.0% YoY n/a

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

99%

MoM −1.0 pp −1.0% YoY +1.0%

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

79.3%

MoM +16.5 pp +26.2% YoY +6.4%

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 −6.9% YoY −30.4%

Trend

13 months to November 2020

Average price

York Region average selling price over the 13 months ending November 2020.
Month	Average price
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
Nov '20	1094893

Sales

York Region sales over the 13 months ending November 2020.
Month	Sales
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
Nov '20	1613

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,613	−306 −15.9% down 306, 15.9% versus October 2020	$1,094,893	−$12,311 −1.1% down $12,311, 1.1% versus October 2020	$986,000	79.3%	1.8
Detached	956	−158 −14.2% down 158, 14.2% versus October 2020	$1,317,032	−$36,056 −2.7% down $36,056, 2.7% versus October 2020	$1,205,000	87.2%	1.7
Semi-detached	97	−30 −23.6% down 30, 23.6% versus October 2020	$912,039	−$18,389 −2.0% down $18,389, 2.0% versus October 2020	$894,800	93.3%	0.8
Att/row/townhouse	217	−63 −22.5% down 63, 22.5% versus October 2020	$912,807	+$32,487 +3.7% up $32,487, 3.7% versus October 2020	$891,000	90.0%	0.9
Condo townhouse	78	−9 −10.3% down 9, 10.3% versus October 2020	$703,381	−$7,789 −1.1% down $7,789, 1.1% versus October 2020	$677,500	76.5%	1.5
Condo apartment	236	−45 −16.0% down 45, 16.0% versus October 2020	$582,709	+$6,705 +1.2% up $6,705, 1.2% versus October 2020	$544,750	51.1%	3.2
Link	29	no change no change versus October 2020	$967,255	+$4,238 +0.4% up $4,238, 0.4% versus October 2020	$940,000	107.4%	0.8
Co-op apartment	0	no change no change versus October 2020	$0	no change no change versus October 2020	—	—	—
Detached condo	0	−1 −100.0% down 1, 100.0% versus October 2020	$0	−$1,074,000 −100.0% down $1,074,000, 100.0% versus October 2020	—	—	—
Co-ownership apartment	0	no change no change versus October 2020	$0	no change no change versus October 2020	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	287	$970,300	+11.8% up 11.8%
Single-family detached	292	$1,112,000	+12.7% up 12.7%
Single-family attached	293.2	$847,300	+12.7% up 12.7%
Townhouse	271.3	$704,100	+11.3% up 11.3%
Apartment	252.2	$562,700	+6.9% up 6.9%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Aurora +6.4% up 6.4%
Newmarket +5.3% up 5.3%
Whitchurch-Stouffville +5.2% up 5.2%
Georgina +3.3% up 3.3%
Richmond Hill +1.2% up 1.2%

Bottom 5

King −20.8% down 20.8%
Vaughan −6.6% down 6.6%
East Gwillimbury −3.4% down 3.4%
Markham +0.6% up 0.6%
Richmond Hill +1.2% up 1.2%

Sales, month-over-month

Top 5

King no change no change
Markham −8.4% down 8.4%
Richmond Hill −10.1% down 10.1%
Georgina −10.6% down 10.6%
Vaughan −20.6% down 20.6%

Bottom 5

Whitchurch-Stouffville −26.5% down 26.5%
East Gwillimbury −26.3% down 26.3%
Aurora −26.1% down 26.1%
Newmarket −21.3% down 21.3%
Vaughan −20.6% down 20.6%

York Region

King focus

King, York Region

$1,541,366

−$403,588 −20.8% down $403,588, 20.8% versus October 2020

Sales: 53
SP/LP: 96%
DOM: 47
SNLR: 98.2%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,188,178

+$14,352 +1.2% up $14,352, 1.2% versus October 2020

Sales: 285
SP/LP: 99%
DOM: 28
SNLR: 68.8%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,156,851

+$57,363 +5.2% up $57,363, 5.2% versus October 2020

Sales: 75
SP/LP: 99%
DOM: 22
SNLR: 83.3%

Full history →

Vaughan focus

Vaughan, York Region

$1,132,364

−$79,810 −6.6% down $79,810, 6.6% versus October 2020

Sales: 382
SP/LP: 99%
DOM: 23
SNLR: 66.5%

Full history →

Aurora focus

Aurora, York Region

$1,120,122

+$67,665 +6.4% up $67,665, 6.4% versus October 2020

Sales: 102
SP/LP: 100%
DOM: 22
SNLR: 89.5%

Full history →

Markham focus

Markham, York Region

$1,080,788

+$6,663 +0.6% up $6,663, 0.6% versus October 2020

Sales: 401
SP/LP: 101%
DOM: 24
SNLR: 82.8%

Full history →

Newmarket focus

Newmarket, York Region

$963,661

+$48,796 +5.3% up $48,796, 5.3% versus October 2020

Sales: 155
SP/LP: 101%
DOM: 17
SNLR: 99.4%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$963,105

−$34,220 −3.4% down $34,220, 3.4% versus October 2020

Sales: 59
SP/LP: 100%
DOM: 23
SNLR: 107.3%

Full history →

Georgina focus

Georgina, York Region

$718,552

+$22,843 +3.3% up $22,843, 3.3% versus October 2020

Sales: 101
SP/LP: 99%
DOM: 20
SNLR: 109.8%

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	53	no change no change versus October 2020	$81.7M	$1,541,366	−$403,588 −20.8% down $403,588, 20.8% versus October 2020	$1,475,000	54	157	96%	47	67	98.2%	3.0
Richmond Hill focus Richmond Hill, York Region	285	−32 −10.1% down 32, 10.1% versus October 2020	$338.6M	$1,188,178	+$14,352 +1.2% up $14,352, 1.2% versus October 2020	$1,090,000	414	664	99%	28	40	68.8%	2.3
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	75	−27 −26.5% down 27, 26.5% versus October 2020	$86.8M	$1,156,851	+$57,363 +5.2% up $57,363, 5.2% versus October 2020	$995,000	90	146	99%	22	28	83.3%	1.9
Vaughan focus Vaughan, York Region	382	−99 −20.6% down 99, 20.6% versus October 2020	$432.6M	$1,132,364	−$79,810 −6.6% down $79,810, 6.6% versus October 2020	$1,050,000	574	805	99%	23	33	66.5%	2.1
Aurora focus Aurora, York Region	102	−36 −26.1% down 36, 26.1% versus October 2020	$114.3M	$1,120,122	+$67,665 +6.4% up $67,665, 6.4% versus October 2020	$1,000,000	114	142	100%	22	30	89.5%	1.4
Markham focus Markham, York Region	401	−37 −8.4% down 37, 8.4% versus October 2020	$433.4M	$1,080,788	+$6,663 +0.6% up $6,663, 0.6% versus October 2020	$1,000,500	484	624	101%	24	32	82.8%	1.6
Newmarket focus Newmarket, York Region	155	−42 −21.3% down 42, 21.3% versus October 2020	$149.4M	$963,661	+$48,796 +5.3% up $48,796, 5.3% versus October 2020	$910,000	156	118	101%	17	21	99.4%	0.8
East Gwillimbury focus East Gwillimbury, York Region	59	−21 −26.3% down 21, 26.3% versus October 2020	$56.8M	$963,105	−$34,220 −3.4% down $34,220, 3.4% versus October 2020	$939,900	55	61	100%	23	31	107.3%	1.0
Georgina focus Georgina, York Region	101	−12 −10.6% down 12, 10.6% versus October 2020	$72.6M	$718,552	+$22,843 +3.3% up $22,843, 3.3% versus October 2020	$625,000	92	98	99%	20	26	109.8%	1.0