Source: TRREB MarketWatch, January 2021

9 areas

York Region

January 2021

Headline indicators

All home types

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

$1,168,623

MoM +$83,678 +7.7% YoY +23.2%

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

$1,055,000

MoM +$60,050 +6.0% YoY +21.3%

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

$997,000

MoM +$18,300 +1.9% YoY +13.3%

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

1,288

MoM −78 −5.7% YoY +72.4%

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

$1.51B

MoM +$23,151,590 +1.6% YoY +112.4%

New listings — Properties newly listed during the month.

1,852

MoM +787 +73.9% YoY +20.3%

Active listings — Listings available at month end.

1,593

MoM −34 −2.1% YoY −15.8%

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

MoM −3 days −10.3% YoY −21.2%

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

MoM −7 days −16.7% YoY −22.2%

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

102%

MoM +2.0 pp +2.0% YoY +3.0%

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

69.5%

MoM −58.7 pp −45.8% YoY +43.3%

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 +0 +3.8% YoY −51.2%

Trend

13 months to January 2021

Average price

York Region average selling price over the 13 months ending January 2021.
Month	Average price
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
Jan '21	1168623

Sales

York Region sales over the 13 months ending January 2021.
Month	Sales
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
Jan '21	1288

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,288	−78 −5.7% down 78, 5.7% versus December 2020	$1,168,623	+$83,678 +7.7% up $83,678, 7.7% versus December 2020	$1,055,000	69.5%	1.2
Detached	674	−73 −9.8% down 73, 9.8% versus December 2020	$1,534,566	+$185,482 +13.7% up $185,482, 13.7% versus December 2020	$1,390,000	66.3%	1.4
Semi-detached	74	no change no change versus December 2020	$982,962	+$76,744 +8.5% up $76,744, 8.5% versus December 2020	$989,450	67.9%	0.7
Att/row/townhouse	154	−31 −16.8% down 31, 16.8% versus December 2020	$990,346	+$34,978 +3.7% up $34,978, 3.7% versus December 2020	$985,000	63.9%	0.8
Condo townhouse	74	−9 −10.8% down 9, 10.8% versus December 2020	$752,560	+$13,740 +1.9% up $13,740, 1.9% versus December 2020	$711,000	73.3%	0.8
Condo apartment	298	+51 +20.6% up 51, 20.6% versus December 2020	$584,968	+$24,297 +4.3% up $24,297, 4.3% versus December 2020	$550,051	81.6%	1.4
Link	14	−16 −53.3% down 16, 53.3% versus December 2020	$1,116,179	+$94,256 +9.2% up $94,256, 9.2% versus December 2020	$1,104,000	77.8%	0.3
Co-op apartment	0	no change no change versus December 2020	$0	no change no change versus December 2020	—	0.0%	—
Detached condo	0	no change no change versus December 2020	$0	no change no change versus December 2020	—	—	—
Co-ownership apartment	0	no change no change versus December 2020	$0	no change no change versus December 2020	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	294.9	$997,000	+13.3% up 13.3%
Single-family detached	301.7	$1,148,900	+15.2% up 15.2%
Single-family attached	302.9	$875,300	+14.8% up 14.8%
Townhouse	272.6	$707,500	+10.1% up 10.1%
Apartment	254.7	$568,200	+5.9% up 5.9%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

King +23.7% up 23.7%
Whitchurch-Stouffville +20.8% up 20.8%
Aurora +15.1% up 15.1%
Georgina +10.9% up 10.9%
East Gwillimbury +10.8% up 10.8%

Bottom 5

Markham +1.4% up 1.4%
Vaughan +4.4% up 4.4%
Newmarket +6.5% up 6.5%
Richmond Hill +7.9% up 7.9%
East Gwillimbury +10.8% up 10.8%

Sales, month-over-month

Top 5

East Gwillimbury +23.1% up 23.1%
Aurora +8.1% up 8.1%
King −2.7% down 2.7%
Markham −3.5% down 3.5%
Vaughan −4.0% down 4.0%

Bottom 5

Newmarket −20.7% down 20.7%
Georgina −19.0% down 19.0%
Whitchurch-Stouffville −10.9% down 10.9%
Richmond Hill −7.2% down 7.2%
Vaughan −4.0% down 4.0%

York Region

King focus

King, York Region

$2,067,608

+$396,297 +23.7% up $396,297, 23.7% versus December 2020

Sales: 36
SP/LP: 95%
DOM: 64
SNLR: 53.7%

Full history →

Aurora focus

Aurora, York Region

$1,271,103

+$166,405 +15.1% up $166,405, 15.1% versus December 2020

Sales: 80
SP/LP: 102%
DOM: 29
SNLR: 80.0%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,233,079

+$90,276 +7.9% up $90,276, 7.9% versus December 2020

Sales: 270
SP/LP: 100%
DOM: 31
SNLR: 74.4%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,226,509

+$211,024 +20.8% up $211,024, 20.8% versus December 2020

Sales: 57
SP/LP: 103%
DOM: 28
SNLR: 55.9%

Full history →

Vaughan focus

Vaughan, York Region

$1,188,330

+$50,395 +4.4% up $50,395, 4.4% versus December 2020

Sales: 338
SP/LP: 101%
DOM: 26
SNLR: 66.7%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,111,381

+$108,717 +10.8% up $108,717, 10.8% versus December 2020

Sales: 48
SP/LP: 106%
DOM: 20
SNLR: 81.4%

Full history →

Markham focus

Markham, York Region

$1,079,831

+$15,068 +1.4% up $15,068, 1.4% versus December 2020

Sales: 303
SP/LP: 105%
DOM: 26
SNLR: 69.7%

Full history →

Newmarket focus

Newmarket, York Region

$1,011,949

+$61,829 +6.5% up $61,829, 6.5% versus December 2020

Sales: 92
SP/LP: 106%
DOM: 11
SNLR: 80.0%

Full history →

Georgina focus

Georgina, York Region

$795,811

+$78,149 +10.9% up $78,149, 10.9% versus December 2020

Sales: 64
SP/LP: 104%
DOM: 16
SNLR: 61.5%

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	36	−1 −2.7% down 1, 2.7% versus December 2020	$74.4M	$2,067,608	+$396,297 +23.7% up $396,297, 23.7% versus December 2020	$1,637,500	67	100	95%	64	81	53.7%	2.8
Aurora focus Aurora, York Region	80	+6 +8.1% up 6, 8.1% versus December 2020	$101.7M	$1,271,103	+$166,405 +15.1% up $166,405, 15.1% versus December 2020	$1,094,500	100	83	102%	29	38	80.0%	1.0
Richmond Hill focus Richmond Hill, York Region	270	−21 −7.2% down 21, 7.2% versus December 2020	$332.9M	$1,233,079	+$90,276 +7.9% up $90,276, 7.9% versus December 2020	$1,130,000	363	326	100%	31	40	74.4%	1.2
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	57	−7 −10.9% down 7, 10.9% versus December 2020	$69.9M	$1,226,509	+$211,024 +20.8% up $211,024, 20.8% versus December 2020	$1,095,000	102	107	103%	28	35	55.9%	1.9
Vaughan focus Vaughan, York Region	338	−14 −4.0% down 14, 4.0% versus December 2020	$401.7M	$1,188,330	+$50,395 +4.4% up $50,395, 4.4% versus December 2020	$1,100,000	507	454	101%	26	35	66.7%	1.3
East Gwillimbury focus East Gwillimbury, York Region	48	+9 +23.1% up 9, 23.1% versus December 2020	$53.3M	$1,111,381	+$108,717 +10.8% up $108,717, 10.8% versus December 2020	$1,087,000	59	41	106%	20	21	81.4%	0.8
Markham focus Markham, York Region	303	−11 −3.5% down 11, 3.5% versus December 2020	$327.2M	$1,079,831	+$15,068 +1.4% up $15,068, 1.4% versus December 2020	$1,035,000	435	354	105%	26	36	69.7%	1.2
Newmarket focus Newmarket, York Region	92	−24 −20.7% down 24, 20.7% versus December 2020	$93.1M	$1,011,949	+$61,829 +6.5% up $61,829, 6.5% versus December 2020	$960,000	115	56	106%	11	14	80.0%	0.6
Georgina focus Georgina, York Region	64	−15 −19.0% down 15, 19.0% versus December 2020	$50.9M	$795,811	+$78,149 +10.9% up $78,149, 10.9% versus December 2020	$733,000	104	72	104%	16	20	61.5%	1.1