Source: TRREB MarketWatch, December 2020

9 areas

York Region

December 2020

Headline indicators

All home types

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

$1,084,945

MoM −$9,948 −0.9% YoY +13.7%

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

$994,950

MoM +$8,950 +0.9% YoY +15.9%

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

$978,700

MoM +$8,400 +0.9% YoY +12.6%

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

1,366

MoM −247 −15.3% YoY +87.1%

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

$1.48B

MoM −$284,028,157 −16.1% YoY +112.8%

New listings — Properties newly listed during the month.

1,065

MoM −968 −47.6% YoY +81.4%

Active listings — Listings available at month end.

1,627

MoM −1,188 −42.2% YoY −12.6%

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

MoM +5 days +20.8% YoY n/a

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

MoM +9 days +27.3% YoY n/a

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

100%

MoM +1.0 pp +1.0% YoY +3.1%

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

128.3%

MoM +48.9 pp +61.7% YoY +3.1%

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.

1.2

MoM −1 −31.8% YoY −53.3%

Trend

13 months to December 2020

Average price

York Region average selling price over the 13 months ending December 2020.
Month	Average price
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
Dec '20	1084945

Sales

York Region sales over the 13 months ending December 2020.
Month	Sales
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
Dec '20	1366

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,366	−247 −15.3% down 247, 15.3% versus November 2020	$1,084,945	−$9,948 −0.9% down $9,948, 0.9% versus November 2020	$994,950	128.3%	1.2
Detached	747	−209 −21.9% down 209, 21.9% versus November 2020	$1,349,084	+$32,052 +2.4% up $32,052, 2.4% versus November 2020	$1,260,000	130.6%	1.3
Semi-detached	74	−23 −23.7% down 23, 23.7% versus November 2020	$906,218	−$5,821 −0.6% down $5,821, 0.6% versus November 2020	$900,500	134.6%	0.3
Att/row/townhouse	185	−32 −14.7% down 32, 14.7% versus November 2020	$955,368	+$42,561 +4.7% up $42,561, 4.7% versus November 2020	$922,000	136.0%	0.5
Condo townhouse	83	+5 +6.4% up 5, 6.4% versus November 2020	$738,820	+$35,439 +5.0% up $35,439, 5.0% versus November 2020	$722,000	148.2%	0.7
Condo apartment	247	+11 +4.7% up 11, 4.7% versus November 2020	$560,671	−$22,038 −3.8% down $22,038, 3.8% versus November 2020	$530,000	106.0%	2.0
Link	30	+1 +3.4% up 1, 3.4% versus November 2020	$1,021,923	+$54,668 +5.7% up $54,668, 5.7% versus November 2020	$1,033,000	230.8%	0.1
Co-op apartment	0	no change no change versus November 2020	$0	no change no change versus November 2020	—	—	—
Detached condo	0	no change no change versus November 2020	$0	no change no change versus November 2020	—	—	—
Co-ownership apartment	0	no change no change versus November 2020	$0	no change no change versus November 2020	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	289.5	$978,700	+12.6% up 12.6%
Single-family detached	295.2	$1,124,200	+13.9% up 13.9%
Single-family attached	296.3	$856,200	+13.7% up 13.7%
Townhouse	270.4	$701,800	+10.3% up 10.3%
Apartment	253.2	$564,900	+6.8% up 6.8%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

King +8.4% up 8.4%
East Gwillimbury +4.1% up 4.1%
Vaughan +0.5% up 0.5%
Georgina −0.1% down 0.1%
Aurora −1.4% down 1.4%

Bottom 5

Whitchurch-Stouffville −12.2% down 12.2%
Richmond Hill −3.8% down 3.8%
Markham −1.5% down 1.5%
Newmarket −1.4% down 1.4%
Aurora −1.4% down 1.4%

Sales, month-over-month

Top 5

Richmond Hill +2.1% up 2.1%
Vaughan −7.9% down 7.9%
Whitchurch-Stouffville −14.7% down 14.7%
Markham −21.7% down 21.7%
Georgina −21.8% down 21.8%

Bottom 5

East Gwillimbury −33.9% down 33.9%
King −30.2% down 30.2%
Aurora −27.5% down 27.5%
Newmarket −25.2% down 25.2%
Georgina −21.8% down 21.8%

York Region

King focus

King, York Region

$1,671,311

+$129,945 +8.4% up $129,945, 8.4% versus November 2020

Sales: 37
SP/LP: 96%
DOM: 37
SNLR: 123.3%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,142,803

−$45,375 −3.8% down $45,375, 3.8% versus November 2020

Sales: 291
SP/LP: 99%
DOM: 32
SNLR: 143.3%

Full history →

Vaughan focus

Vaughan, York Region

$1,137,935

+$5,571 +0.5% up $5,571, 0.5% versus November 2020

Sales: 352
SP/LP: 99%
DOM: 29
SNLR: 127.1%

Full history →

Aurora focus

Aurora, York Region

$1,104,698

−$15,424 −1.4% down $15,424, 1.4% versus November 2020

Sales: 74
SP/LP: 100%
DOM: 31
SNLR: 112.1%

Full history →

Markham focus

Markham, York Region

$1,064,763

−$16,025 −1.5% down $16,025, 1.5% versus November 2020

Sales: 314
SP/LP: 102%
DOM: 30
SNLR: 120.8%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,015,485

−$141,366 −12.2% down $141,366, 12.2% versus November 2020

Sales: 64
SP/LP: 99%
DOM: 34
SNLR: 130.6%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,002,664

+$39,559 +4.1% up $39,559, 4.1% versus November 2020

Sales: 39
SP/LP: 100%
DOM: 26
SNLR: 125.8%

Full history →

Newmarket focus

Newmarket, York Region

$950,120

−$13,541 −1.4% down $13,541, 1.4% versus November 2020

Sales: 116
SP/LP: 103%
DOM: 16
SNLR: 133.3%

Full history →

Georgina focus

Georgina, York Region

$717,662

−$890 −0.1% down $890, 0.1% versus November 2020

Sales: 79
SP/LP: 99%
DOM: 24
SNLR: 127.4%

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	37	−16 −30.2% down 16, 30.2% versus November 2020	$61.8M	$1,671,311	+$129,945 +8.4% up $129,945, 8.4% versus November 2020	$1,500,000	30	103	96%	37	47	123.3%	2.8
Richmond Hill focus Richmond Hill, York Region	291	+6 +2.1% up 6, 2.1% versus November 2020	$332.6M	$1,142,803	−$45,375 −3.8% down $45,375, 3.8% versus November 2020	$1,050,000	203	373	99%	32	47	143.3%	1.3
Vaughan focus Vaughan, York Region	352	−30 −7.9% down 30, 7.9% versus November 2020	$400.6M	$1,137,935	+$5,571 +0.5% up $5,571, 0.5% versus November 2020	$1,052,500	277	470	99%	29	43	127.1%	1.3
Aurora focus Aurora, York Region	74	−28 −27.5% down 28, 27.5% versus November 2020	$81.7M	$1,104,698	−$15,424 −1.4% down $15,424, 1.4% versus November 2020	$990,500	66	92	100%	31	46	112.1%	1.2
Markham focus Markham, York Region	314	−87 −21.7% down 87, 21.7% versus November 2020	$334.3M	$1,064,763	−$16,025 −1.5% down $16,025, 1.5% versus November 2020	$1,002,500	260	374	102%	30	43	120.8%	1.2
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	64	−11 −14.7% down 11, 14.7% versus November 2020	$65.0M	$1,015,485	−$141,366 −12.2% down $141,366, 12.2% versus November 2020	$940,000	49	90	99%	34	44	130.6%	1.4
East Gwillimbury focus East Gwillimbury, York Region	39	−20 −33.9% down 20, 33.9% versus November 2020	$39.1M	$1,002,664	+$39,559 +4.1% up $39,559, 4.1% versus November 2020	$1,017,000	31	38	100%	26	41	125.8%	1.0
Newmarket focus Newmarket, York Region	116	−39 −25.2% down 39, 25.2% versus November 2020	$110.2M	$950,120	−$13,541 −1.4% down $13,541, 1.4% versus November 2020	$875,000	87	39	103%	16	22	133.3%	0.3
Georgina focus Georgina, York Region	79	−22 −21.8% down 22, 21.8% versus November 2020	$56.7M	$717,662	−$890 −0.1% down $890, 0.1% versus November 2020	$675,000	62	48	99%	24	32	127.4%	0.6