Source: TRREB MarketWatch, February 2021

9 areas

York Region

February 2021

Headline indicators

All home types

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

$1,206,235

MoM +$37,612 +3.2% YoY +18.8%

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

$1,103,990

MoM +$48,990 +4.6% YoY +19.4%

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

$1,047,700

MoM +$50,700 +5.1% YoY +17.2%

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

2,023

MoM +735 +57.1% YoY +57.4%

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

$2.44B

MoM +$935,026,296 +62.1% YoY +87.0%

New listings — Properties newly listed during the month.

2,974

MoM +1,122 +60.6% YoY +44.3%

Active listings — Listings available at month end.

1,960

MoM +367 +23.0% YoY −7.9%

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

MoM −10 days −38.5% YoY −20.0%

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

MoM −15 days −42.9% YoY −31.0%

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

107%

MoM +5.0 pp +4.9% YoY +4.9%

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

68.0%

MoM −1.5 pp −2.2% YoY +9.1%

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.

1.0

MoM −0 −21.7% YoY −41.5%

Trend

13 months to February 2021

Average price

York Region average selling price over the 13 months ending February 2021.
Month	Average price
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
Feb '21	1206235

Sales

York Region sales over the 13 months ending February 2021.
Month	Sales
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
Feb '21	2023

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	2,023	+735 +57.1% up 735, 57.1% versus January 2021	$1,206,235	+$37,612 +3.2% up $37,612, 3.2% versus January 2021	$1,103,990	68.0%	1.0
Detached	1,112	+438 +65.0% up 438, 65.0% versus January 2021	$1,511,448	−$23,118 −1.5% down $23,118, 1.5% versus January 2021	$1,380,000	60.8%	1.2
Semi-detached	129	+55 +74.3% up 55, 74.3% versus January 2021	$1,042,967	+$60,005 +6.1% up $60,005, 6.1% versus January 2021	$1,045,000	71.3%	0.6
Att/row/townhouse	297	+143 +92.9% up 143, 92.9% versus January 2021	$1,030,540	+$40,194 +4.1% up $40,194, 4.1% versus January 2021	$1,020,000	69.1%	0.7
Condo townhouse	88	+14 +18.9% up 14, 18.9% versus January 2021	$747,501	−$5,059 −0.7% down $5,059, 0.7% versus January 2021	$738,200	67.2%	0.9
Condo apartment	370	+72 +24.2% up 72, 24.2% versus January 2021	$601,331	+$16,363 +2.8% up $16,363, 2.8% versus January 2021	$571,500	103.3%	0.8
Link	25	+11 +78.6% up 11, 78.6% versus January 2021	$1,124,252	+$8,073 +0.7% up $8,073, 0.7% versus January 2021	$1,098,000	59.5%	0.6
Co-op apartment	0	no change no change versus January 2021	$0	no change no change versus January 2021	—	—	—
Detached condo	2	+2 up 2 versus January 2021	$1,245,500	+$1,245,500 up $1,245,500 versus January 2021	$1,245,500	66.7%	0.5
Co-ownership apartment	0	no change no change versus January 2021	$0	no change no change versus January 2021	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	309.9	$1,047,700	+17.2% up 17.2%
Single-family detached	318.6	$1,213,300	+20.2% up 20.2%
Single-family attached	322.6	$932,200	+20.1% up 20.1%
Townhouse	280.7	$728,500	+11.0% up 11.0%
Apartment	260.2	$580,500	+5.4% up 5.4%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Markham +11.4% up 11.4%
Newmarket +8.5% up 8.5%
East Gwillimbury +4.9% up 4.9%
Georgina +4.5% up 4.5%
Richmond Hill +3.4% up 3.4%

Bottom 5

Aurora −2.5% down 2.5%
Whitchurch-Stouffville +0.6% up 0.6%
King +2.1% up 2.1%
Vaughan +2.6% up 2.6%
Richmond Hill +3.4% up 3.4%

Sales, month-over-month

Top 5

Georgina +112.5% up 112.5%
Whitchurch-Stouffville +101.8% up 101.8%
Newmarket +92.4% up 92.4%
East Gwillimbury +79.2% up 79.2%
Markham +62.7% up 62.7%

Bottom 5

King +16.7% up 16.7%
Richmond Hill +31.1% up 31.1%
Aurora +47.5% up 47.5%
Vaughan +48.5% up 48.5%
Markham +62.7% up 62.7%

York Region

King focus

King, York Region

$2,110,214

+$42,606 +2.1% up $42,606, 2.1% versus January 2021

Sales: 42
SP/LP: 97%
DOM: 39
SNLR: 55.3%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,274,496

+$41,417 +3.4% up $41,417, 3.4% versus January 2021

Sales: 354
SP/LP: 107%
DOM: 17
SNLR: 66.4%

Full history →

Aurora focus

Aurora, York Region

$1,238,894

−$32,209 −2.5% down $32,209, 2.5% versus January 2021

Sales: 118
SP/LP: 107%
DOM: 14
SNLR: 60.2%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,233,659

+$7,150 +0.6% up $7,150, 0.6% versus January 2021

Sales: 115
SP/LP: 106%
DOM: 23
SNLR: 75.2%

Full history →

Vaughan focus

Vaughan, York Region

$1,218,644

+$30,314 +2.6% up $30,314, 2.6% versus January 2021

Sales: 502
SP/LP: 105%
DOM: 16
SNLR: 68.3%

Full history →

Markham focus

Markham, York Region

$1,202,398

+$122,567 +11.4% up $122,567, 11.4% versus January 2021

Sales: 493
SP/LP: 109%
DOM: 15
SNLR: 74.6%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,165,806

+$54,425 +4.9% up $54,425, 4.9% versus January 2021

Sales: 86
SP/LP: 108%
DOM: 12
SNLR: 61.9%

Full history →

Newmarket focus

Newmarket, York Region

$1,098,354

+$86,405 +8.5% up $86,405, 8.5% versus January 2021

Sales: 177
SP/LP: 110%
DOM: 6
SNLR: 61.5%

Full history →

Georgina focus

Georgina, York Region

$831,927

+$36,116 +4.5% up $36,116, 4.5% versus January 2021

Sales: 136
SP/LP: 108%
DOM: 13
SNLR: 70.5%

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	42	+6 +16.7% up 6, 16.7% versus January 2021	$88.6M	$2,110,214	+$42,606 +2.1% up $42,606, 2.1% versus January 2021	$2,133,000	76	106	97%	39	63	55.3%	2.5
Richmond Hill focus Richmond Hill, York Region	354	+84 +31.1% up 84, 31.1% versus January 2021	$451.2M	$1,274,496	+$41,417 +3.4% up $41,417, 3.4% versus January 2021	$1,189,000	533	389	107%	17	22	66.4%	1.1
Aurora focus Aurora, York Region	118	+38 +47.5% up 38, 47.5% versus January 2021	$146.2M	$1,238,894	−$32,209 −2.5% down $32,209, 2.5% versus January 2021	$1,109,056	196	124	107%	14	18	60.2%	1.1
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	115	+58 +101.8% up 58, 101.8% versus January 2021	$141.9M	$1,233,659	+$7,150 +0.6% up $7,150, 0.6% versus January 2021	$1,082,000	153	111	106%	23	27	75.2%	1.0
Vaughan focus Vaughan, York Region	502	+164 +48.5% up 164, 48.5% versus January 2021	$611.8M	$1,218,644	+$30,314 +2.6% up $30,314, 2.6% versus January 2021	$1,139,000	735	521	105%	16	22	68.3%	1.0
Markham focus Markham, York Region	493	+190 +62.7% up 190, 62.7% versus January 2021	$592.8M	$1,202,398	+$122,567 +11.4% up $122,567, 11.4% versus January 2021	$1,150,000	661	399	109%	15	19	74.6%	0.8
East Gwillimbury focus East Gwillimbury, York Region	86	+38 +79.2% up 38, 79.2% versus January 2021	$100.3M	$1,165,806	+$54,425 +4.9% up $54,425, 4.9% versus January 2021	$1,100,000	139	64	108%	12	14	61.9%	0.7
Newmarket focus Newmarket, York Region	177	+85 +92.4% up 85, 92.4% versus January 2021	$194.4M	$1,098,354	+$86,405 +8.5% up $86,405, 8.5% versus January 2021	$1,045,000	288	140	110%	6	8	61.5%	0.8
Georgina focus Georgina, York Region	136	+72 +112.5% up 72, 112.5% versus January 2021	$113.1M	$831,927	+$36,116 +4.5% up $36,116, 4.5% versus January 2021	$797,500	193	106	108%	13	15	70.5%	0.8