Source: TRREB MarketWatch, March 2021

9 areas

York Region

March 2021

Headline indicators

All home types

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

$1,265,481

MoM +$59,246 +4.9% YoY +21.8%

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

$1,168,135

MoM +$64,145 +5.8% YoY +23.0%

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

$1,095,700

MoM +$48,000 +4.6% YoY +19.8%

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

2,911

MoM +888 +43.9% YoY +107.5%

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

$3.68B

MoM +$1,243,604,042 +51.0% YoY +152.8%

New listings — Properties newly listed during the month.

4,734

MoM +1,760 +59.2% YoY +76.3%

Active listings — Listings available at month end.

2,516

MoM +556 +28.4% YoY +5.7%

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

MoM −6 days −37.5% YoY −37.5%

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

MoM −6 days −30.0% YoY −33.3%

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

107%

MoM no change YoY +3.9%

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

61.5%

MoM −6.5 pp −9.6% YoY +17.7%

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.

0.9

MoM −0 −10.8% YoY −49.1%

Trend

13 months to March 2021

Average price

York Region average selling price over the 13 months ending March 2021.
Month	Average price
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
Mar '21	1265481

Sales

York Region sales over the 13 months ending March 2021.
Month	Sales
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
Mar '21	2911

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	2,911	+888 +43.9% up 888, 43.9% versus February 2021	$1,265,481	+$59,246 +4.9% up $59,246, 4.9% versus February 2021	$1,168,135	61.5%	0.9
Detached	1,711	+599 +53.9% up 599, 53.9% versus February 2021	$1,544,450	+$33,002 +2.2% up $33,002, 2.2% versus February 2021	$1,428,900	59.1%	1.0
Semi-detached	201	+72 +55.8% up 72, 55.8% versus February 2021	$1,056,933	+$13,966 +1.3% up $13,966, 1.3% versus February 2021	$1,067,000	60.5%	0.7
Att/row/townhouse	376	+79 +26.6% up 79, 26.6% versus February 2021	$1,031,371	+$831 +0.1% up $831, 0.1% versus February 2021	$1,008,444	53.7%	0.8
Condo townhouse	135	+47 +53.4% up 47, 53.4% versus February 2021	$811,206	+$63,705 +8.5% up $63,705, 8.5% versus February 2021	$785,000	60.3%	0.9
Condo apartment	447	+77 +20.8% up 77, 20.8% versus February 2021	$633,146	+$31,815 +5.3% up $31,815, 5.3% versus February 2021	$601,000	85.6%	0.6
Link	41	+16 +64.0% up 16, 64.0% versus February 2021	$1,182,797	+$58,545 +5.2% up $58,545, 5.2% versus February 2021	$1,200,000	71.9%	0.6
Co-op apartment	0	no change no change versus February 2021	$0	no change no change versus February 2021	—	—	—
Detached condo	0	−2 −100.0% down 2, 100.0% versus February 2021	$0	−$1,245,500 −100.0% down $1,245,500, 100.0% versus February 2021	—	0.0%	—
Co-ownership apartment	0	no change no change versus February 2021	$0	no change no change versus February 2021	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	324.1	$1,095,700	+19.8% up 19.8%
Single-family detached	334.4	$1,273,400	+23.5% up 23.5%
Single-family attached	337.2	$974,400	+22.5% up 22.5%
Townhouse	294	$763,000	+14.8% up 14.8%
Apartment	268.7	$599,500	+6.0% up 6.0%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Markham +7.1% up 7.1%
Richmond Hill +6.9% up 6.9%
Vaughan +5.7% up 5.7%
Whitchurch-Stouffville +4.8% up 4.8%
Aurora +4.7% up 4.7%

Bottom 5

King −8.2% down 8.2%
Newmarket +0.0% up 0.0%
East Gwillimbury +1.4% up 1.4%
Georgina +2.0% up 2.0%
Aurora +4.7% up 4.7%

Sales, month-over-month

Top 5

King +73.8% up 73.8%
Aurora +58.5% up 58.5%
Newmarket +55.9% up 55.9%
East Gwillimbury +50.0% up 50.0%
Vaughan +44.0% up 44.0%

Bottom 5

Whitchurch-Stouffville +26.1% up 26.1%
Richmond Hill +36.7% up 36.7%
Markham +41.8% up 41.8%
Georgina +43.4% up 43.4%
Vaughan +44.0% up 44.0%

York Region

King focus

King, York Region

$1,936,596

−$173,618 −8.2% down $173,618, 8.2% versus February 2021

Sales: 73
SP/LP: 99%
DOM: 16
SNLR: 55.7%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,362,296

+$87,800 +6.9% up $87,800, 6.9% versus February 2021

Sales: 484
SP/LP: 108%
DOM: 11
SNLR: 56.9%

Full history →

Aurora focus

Aurora, York Region

$1,297,003

+$58,109 +4.7% up $58,109, 4.7% versus February 2021

Sales: 187
SP/LP: 107%
DOM: 9
SNLR: 59.4%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,292,505

+$58,846 +4.8% up $58,846, 4.8% versus February 2021

Sales: 145
SP/LP: 106%
DOM: 13
SNLR: 66.8%

Full history →

Vaughan focus

Vaughan, York Region

$1,288,418

+$69,774 +5.7% up $69,774, 5.7% versus February 2021

Sales: 723
SP/LP: 105%
DOM: 11
SNLR: 63.1%

Full history →

Markham focus

Markham, York Region

$1,287,951

+$85,553 +7.1% up $85,553, 7.1% versus February 2021

Sales: 699
SP/LP: 110%
DOM: 10
SNLR: 62.9%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,182,663

+$16,857 +1.4% up $16,857, 1.4% versus February 2021

Sales: 129
SP/LP: 111%
DOM: 7
SNLR: 54.7%

Full history →

Newmarket focus

Newmarket, York Region

$1,098,826

+$472 +0.0% up $472, 0.0% versus February 2021

Sales: 276
SP/LP: 108%
DOM: 7
SNLR: 63.9%

Full history →

Georgina focus

Georgina, York Region

$848,704

+$16,777 +2.0% up $16,777, 2.0% versus February 2021

Sales: 195
SP/LP: 108%
DOM: 11
SNLR: 65.9%

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	73	+31 +73.8% up 31, 73.8% versus February 2021	$141.4M	$1,936,596	−$173,618 −8.2% down $173,618, 8.2% versus February 2021	$1,970,000	131	126	99%	16	24	55.7%	1.7
Richmond Hill focus Richmond Hill, York Region	484	+130 +36.7% up 130, 36.7% versus February 2021	$659.4M	$1,362,296	+$87,800 +6.9% up $87,800, 6.9% versus February 2021	$1,275,000	850	514	108%	11	15	56.9%	1.1
Aurora focus Aurora, York Region	187	+69 +58.5% up 69, 58.5% versus February 2021	$242.5M	$1,297,003	+$58,109 +4.7% up $58,109, 4.7% versus February 2021	$1,180,000	315	160	107%	9	9	59.4%	0.9
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	145	+30 +26.1% up 30, 26.1% versus February 2021	$187.4M	$1,292,505	+$58,846 +4.8% up $58,846, 4.8% versus February 2021	$1,200,000	217	118	106%	13	16	66.8%	0.8
Vaughan focus Vaughan, York Region	723	+221 +44.0% up 221, 44.0% versus February 2021	$931.5M	$1,288,418	+$69,774 +5.7% up $69,774, 5.7% versus February 2021	$1,200,000	1,146	627	105%	11	15	63.1%	0.9
Markham focus Markham, York Region	699	+206 +41.8% up 206, 41.8% versus February 2021	$900.3M	$1,287,951	+$85,553 +7.1% up $85,553, 7.1% versus February 2021	$1,200,000	1,111	554	110%	10	13	62.9%	0.8
East Gwillimbury focus East Gwillimbury, York Region	129	+43 +50.0% up 43, 50.0% versus February 2021	$152.6M	$1,182,663	+$16,857 +1.4% up $16,857, 1.4% versus February 2021	$1,160,000	236	115	111%	7	9	54.7%	0.9
Newmarket focus Newmarket, York Region	276	+99 +55.9% up 99, 55.9% versus February 2021	$303.3M	$1,098,826	+$472 +0.0% up $472, 0.0% versus February 2021	$1,022,500	432	178	108%	7	9	63.9%	0.6
Georgina focus Georgina, York Region	195	+59 +43.4% up 59, 43.4% versus February 2021	$165.5M	$848,704	+$16,777 +2.0% up $16,777, 2.0% versus February 2021	$805,000	296	124	108%	11	14	65.9%	0.6