Source: TRREB MarketWatch, May 2021

9 areas

York Region

May 2021

Headline indicators

All home types

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

$1,294,579

MoM +$11,293 +0.9% YoY +28.1%

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

$1,175,000

MoM no change YoY +27.7%

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

$1,144,400

MoM +$26,400 +2.4% YoY +20.7%

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

2,192

MoM −262 −10.7% YoY +216.8%

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

$2.84B

MoM −$311,465,907 −9.9% YoY +305.7%

New listings — Properties newly listed during the month.

3,464

MoM −567 −14.1% YoY +115.7%

Active listings — Listings available at month end.

2,668

MoM −38 −1.4% YoY +7.2%

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

MoM +1 day +8.3% YoY −55.2%

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

MoM +2 days +12.5% YoY −53.8%

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

104%

MoM −1.0 pp −1.0% YoY +7.2%

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

63.3%

MoM +2.4 pp +3.9% YoY +46.9%

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 +10.4% YoY −66.1%

Trend

13 months to May 2021

Average price

York Region average selling price over the 13 months ending May 2021.
Month	Average price
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
Apr '21	1283286
May '21	1294579

Sales

York Region sales over the 13 months ending May 2021.
Month	Sales
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
Apr '21	2454
May '21	2192

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	2,192	−262 −10.7% down 262, 10.7% versus April 2021	$1,294,579	+$11,293 +0.9% up $11,293, 0.9% versus April 2021	$1,175,000	63.3%	1.2
Detached	1,273	−181 −12.4% down 181, 12.4% versus April 2021	$1,589,879	+$38,328 +2.5% up $38,328, 2.5% versus April 2021	$1,425,000	60.7%	1.4
Semi-detached	166	−8 −4.6% down 8, 4.6% versus April 2021	$1,012,865	−$28,711 −2.8% down $28,711, 2.8% versus April 2021	$1,025,000	78.7%	0.6
Att/row/townhouse	321	−25 −7.2% down 25, 7.2% versus April 2021	$1,037,692	+$434 +0.0% up $434, 0.0% versus April 2021	$995,000	73.8%	0.8
Condo townhouse	106	−10 −8.6% down 10, 8.6% versus April 2021	$807,139	−$9,460 −1.2% down $9,460, 1.2% versus April 2021	$783,000	62.0%	1.2
Condo apartment	302	−28 −8.5% down 28, 8.5% versus April 2021	$656,648	−$11,223 −1.7% down $11,223, 1.7% versus April 2021	$628,100	58.4%	1.4
Link	22	−11 −33.3% down 11, 33.3% versus April 2021	$1,191,650	+$76,802 +6.9% up $76,802, 6.9% versus April 2021	$1,194,000	78.6%	0.6
Co-op apartment	0	no change no change versus April 2021	$0	no change no change versus April 2021	—	0.0%	—
Detached condo	2	+1 +100.0% up 1, 100.0% versus April 2021	$1,243,250	+$53,250 +4.5% up $53,250, 4.5% versus April 2021	$1,243,250	66.7%	1.0
Co-ownership apartment	0	no change no change versus April 2021	$0	no change no change versus April 2021	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	335.9	$1,144,400	+20.7% up 20.7%
Single-family detached	345.2	$1,334,600	+22.5% up 22.5%
Single-family attached	341.8	$987,900	+21.9% up 21.9%
Townhouse	309.1	$799,900	+26.0% up 26.0%
Apartment	288.2	$625,700	+11.5% up 11.5%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

King +13.8% up 13.8%
Georgina +4.8% up 4.8%
East Gwillimbury +3.0% up 3.0%
Vaughan +2.4% up 2.4%
Markham +1.3% up 1.3%

Bottom 5

Richmond Hill −3.6% down 3.6%
Newmarket −3.0% down 3.0%
Aurora −2.4% down 2.4%
Whitchurch-Stouffville +0.1% up 0.1%
Markham +1.3% up 1.3%

Sales, month-over-month

Top 5

Newmarket +1.9% up 1.9%
Richmond Hill −6.4% down 6.4%
Vaughan −7.0% down 7.0%
Markham −7.2% down 7.2%
King −7.4% down 7.4%

Bottom 5

East Gwillimbury −32.2% down 32.2%
Aurora −29.5% down 29.5%
Whitchurch-Stouffville −25.2% down 25.2%
Georgina −15.3% down 15.3%
King −7.4% down 7.4%

York Region

King focus

King, York Region

$2,157,162

+$261,608 +13.8% up $261,608, 13.8% versus April 2021

Sales: 63
SP/LP: 99%
DOM: 24
SNLR: 65.0%

Full history →

Vaughan focus

Vaughan, York Region

$1,344,861

+$31,468 +2.4% up $31,468, 2.4% versus April 2021

Sales: 541
SP/LP: 103%
DOM: 12
SNLR: 60.5%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,336,691

−$50,110 −3.6% down $50,110, 3.6% versus April 2021

Sales: 367
SP/LP: 103%
DOM: 14
SNLR: 54.0%

Full history →

Markham focus

Markham, York Region

$1,320,523

+$16,870 +1.3% up $16,870, 1.3% versus April 2021

Sales: 569
SP/LP: 107%
DOM: 13
SNLR: 64.2%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,298,938

+$887 +0.1% up $887, 0.1% versus April 2021

Sales: 101
SP/LP: 104%
DOM: 10
SNLR: 67.8%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,290,929

+$37,098 +3.0% up $37,098, 3.0% versus April 2021

Sales: 80
SP/LP: 105%
DOM: 16
SNLR: 69.0%

Full history →

Aurora focus

Aurora, York Region

$1,247,210

−$30,811 −2.4% down $30,811, 2.4% versus April 2021

Sales: 134
SP/LP: 103%
DOM: 15
SNLR: 66.7%

Full history →

Newmarket focus

Newmarket, York Region

$1,047,793

−$31,911 −3.0% down $31,911, 3.0% versus April 2021

Sales: 210
SP/LP: 104%
DOM: 12
SNLR: 87.1%

Full history →

Georgina focus

Georgina, York Region

$871,446

+$40,153 +4.8% up $40,153, 4.8% versus April 2021

Sales: 127
SP/LP: 110%
DOM: 10
SNLR: 63.8%

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	63	−5 −7.4% down 5, 7.4% versus April 2021	$135.9M	$2,157,162	+$261,608 +13.8% up $261,608, 13.8% versus April 2021	$1,955,000	97	124	99%	24	31	65.0%	2.0
Vaughan focus Vaughan, York Region	541	−41 −7.0% down 41, 7.0% versus April 2021	$727.6M	$1,344,861	+$31,468 +2.4% up $31,468, 2.4% versus April 2021	$1,230,000	895	698	103%	12	17	60.5%	1.3
Richmond Hill focus Richmond Hill, York Region	367	−25 −6.4% down 25, 6.4% versus April 2021	$490.6M	$1,336,691	−$50,110 −3.6% down $50,110, 3.6% versus April 2021	$1,228,000	679	615	103%	14	21	54.0%	1.7
Markham focus Markham, York Region	569	−44 −7.2% down 44, 7.2% versus April 2021	$751.4M	$1,320,523	+$16,870 +1.3% up $16,870, 1.3% versus April 2021	$1,205,000	887	610	107%	13	17	64.2%	1.1
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	101	−34 −25.2% down 34, 25.2% versus April 2021	$131.2M	$1,298,938	+$887 +0.1% up $887, 0.1% versus April 2021	$1,092,000	149	110	104%	10	16	67.8%	1.1
East Gwillimbury focus East Gwillimbury, York Region	80	−38 −32.2% down 38, 32.2% versus April 2021	$103.3M	$1,290,929	+$37,098 +3.0% up $37,098, 3.0% versus April 2021	$1,224,000	116	81	105%	16	23	69.0%	1.0
Aurora focus Aurora, York Region	134	−56 −29.5% down 56, 29.5% versus April 2021	$167.1M	$1,247,210	−$30,811 −2.4% down $30,811, 2.4% versus April 2021	$1,165,000	201	152	103%	15	20	66.7%	1.1
Newmarket focus Newmarket, York Region	210	+4 +1.9% up 4, 1.9% versus April 2021	$220.0M	$1,047,793	−$31,911 −3.0% down $31,911, 3.0% versus April 2021	$999,900	241	135	104%	12	16	87.1%	0.6
Georgina focus Georgina, York Region	127	−23 −15.3% down 23, 15.3% versus April 2021	$110.7M	$871,446	+$40,153 +4.8% up $40,153, 4.8% versus April 2021	$845,000	199	143	110%	10	12	63.8%	1.1