Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,241,833
MoM −$52,746 −4.1% down $52,746, 4.1% versus May 2021 YoY +13.5% up 13.5% versus June 2020
Source: TRREB MarketWatch, June 2021
9 areas
York Region
June 2021
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$1,150,000
MoM −$25,000 −2.1% down $25,000, 2.1% versus May 2021 YoY +19.8% up 19.8% versus June 2020
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,153,300
MoM +$8,900 +0.8% up $8,900, 0.8% versus May 2021 YoY +21.6% up 21.6% versus June 2020
Sales — Firm transactions reported through the MLS® System during the month.
2,015
MoM −177 −8.1% down 177, 8.1% versus May 2021 YoY +48.8% up 48.8% versus June 2020
Dollar volume — Total value of all sales in the month.
$2.50B
MoM −$335,424,277 −11.8% down $335,424,277, 11.8% versus May 2021 YoY +69.0% up 69.0% versus June 2020
New listings — Properties newly listed during the month.
2,917
MoM −547 −15.8% down 547, 15.8% versus May 2021 YoY +0.9% up 0.9% versus June 2020
Active listings — Listings available at month end.
2,364
MoM −304 −11.4% down 304, 11.4% versus May 2021 YoY −22.9% down 22.9% versus June 2020
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
14
MoM +1 day +7.7% up 1 day, 7.7% versus May 2021 YoY −36.4% down 36.4% versus June 2020
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
20
MoM +2 days +11.1% up 2 days, 11.1% versus May 2021 YoY −37.5% down 37.5% versus June 2020
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
104%
MoM no change no change versus May 2021 YoY +5.1% up 5.1% versus June 2020
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
69.1%
MoM +5.8 pp +9.2% up 5.8 pp, 9.2% versus May 2021 YoY +47.5% up 47.5% versus June 2020
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 −3.6% down 0, 3.6% versus May 2021 YoY −48.2% down 48.2% versus June 2020
Trend
13 months to June 2021
Average price
| Month | Average price |
|---|---|
| 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 |
| Jun '21 | 1241833 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Jun '21 | 2015 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 2,015 | −177 −8.1% down 177, 8.1% versus May 2021 | $1,241,833 | −$52,746 −4.1% down $52,746, 4.1% versus May 2021 | $1,150,000 | 69.1% | 1.2 |
| Detached | 1,138 | −135 −10.6% down 135, 10.6% versus May 2021 | $1,538,058 | −$51,821 −3.3% down $51,821, 3.3% versus May 2021 | $1,425,500 | 68.3% | 1.3 |
| Semi-detached | 113 | −53 −31.9% down 53, 31.9% versus May 2021 | $1,022,040 | +$9,175 +0.9% up $9,175, 0.9% versus May 2021 | $1,045,000 | 73.9% | 0.8 |
| Att/row/townhouse | 297 | −24 −7.5% down 24, 7.5% versus May 2021 | $1,034,271 | −$3,421 −0.3% down $3,421, 0.3% versus May 2021 | $1,015,000 | 76.3% | 0.7 |
| Condo townhouse | 98 | −8 −7.5% down 8, 7.5% versus May 2021 | $781,560 | −$25,579 −3.2% down $25,579, 3.2% versus May 2021 | $750,000 | 68.1% | 1.2 |
| Condo apartment | 338 | +36 +11.9% up 36, 11.9% versus May 2021 | $641,408 | −$15,240 −2.3% down $15,240, 2.3% versus May 2021 | $605,100 | 64.1% | 1.3 |
| Link | 30 | +8 +36.4% up 8, 36.4% versus May 2021 | $1,177,670 | −$13,980 −1.2% down $13,980, 1.2% versus May 2021 | $1,152,944 | 81.1% | 0.4 |
| Co-op apartment | 1 | +1 up 1 versus May 2021 | $595,000 | +$595,000 up $595,000 versus May 2021 | $595,000 | — | 17.0 |
| Detached condo | 0 | −2 −100.0% down 2, 100.0% versus May 2021 | $0 | −$1,243,250 −100.0% down $1,243,250, 100.0% versus May 2021 | — | — | — |
| Co-ownership apartment | 0 | no change no change versus May 2021 | $0 | no change no change versus May 2021 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 338.5 | $1,153,300 | +21.6% up 21.6% |
| Single-family detached | 348.4 | $1,346,900 | +23.7% up 23.7% |
| Single-family attached | 343.2 | $991,900 | +23.2% up 23.2% |
| Townhouse | 306.2 | $792,400 | +22.7% up 22.7% |
| Apartment | 291.6 | $633,100 | +12.4% up 12.4% |
Movers within York Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Newmarket +3.9% up 3.9%
- Whitchurch-Stouffville +3.5% up 3.5%
- East Gwillimbury +3.2% up 3.2%
- Aurora +1.8% up 1.8%
- Georgina −2.5% down 2.5%
Bottom 5
- King −17.1% down 17.1%
- Markham −8.0% down 8.0%
- Vaughan −4.0% down 4.0%
- Richmond Hill −3.1% down 3.1%
- Georgina −2.5% down 2.5%
Sales, month-over-month
Top 5
- East Gwillimbury +5.0% up 5.0%
- Richmond Hill +1.9% up 1.9%
- Georgina −3.9% down 3.9%
- Aurora −5.2% down 5.2%
- Vaughan −6.3% down 6.3%
Bottom 5
- King −31.7% down 31.7%
- Whitchurch-Stouffville −18.8% down 18.8%
- Newmarket −18.1% down 18.1%
- Markham −11.4% down 11.4%
- Vaughan −6.3% down 6.3%
York Region
King focus
King, York Region
$1,788,070
−$369,092 −17.1% down $369,092, 17.1% versus May 2021
- Sales
- 43
- SP/LP
- 100%
- DOM
- 30
- SNLR
- 55.1%
Whitchurch-Stouffville focus
Whitchurch-Stouffville, York Region
$1,344,998
+$46,060 +3.5% up $46,060, 3.5% versus May 2021
- Sales
- 82
- SP/LP
- 103%
- DOM
- 17
- SNLR
- 64.6%
East Gwillimbury focus
East Gwillimbury, York Region
$1,331,763
+$40,834 +3.2% up $40,834, 3.2% versus May 2021
- Sales
- 84
- SP/LP
- 105%
- DOM
- 13
- SNLR
- 85.7%
Richmond Hill focus
Richmond Hill, York Region
$1,295,429
−$41,262 −3.1% down $41,262, 3.1% versus May 2021
- Sales
- 374
- SP/LP
- 103%
- DOM
- 16
- SNLR
- 65.3%
Vaughan focus
Vaughan, York Region
$1,291,264
−$53,597 −4.0% down $53,597, 4.0% versus May 2021
- Sales
- 507
- SP/LP
- 103%
- DOM
- 15
- SNLR
- 65.4%
Aurora focus
Aurora, York Region
$1,269,041
+$21,831 +1.8% up $21,831, 1.8% versus May 2021
- Sales
- 127
- SP/LP
- 104%
- DOM
- 14
- SNLR
- 78.4%
Markham focus
Markham, York Region
$1,214,304
−$106,219 −8.0% down $106,219, 8.0% versus May 2021
- Sales
- 504
- SP/LP
- 108%
- DOM
- 12
- SNLR
- 68.1%
Newmarket focus
Newmarket, York Region
$1,088,667
+$40,874 +3.9% up $40,874, 3.9% versus May 2021
- Sales
- 172
- SP/LP
- 105%
- DOM
- 11
- SNLR
- 77.1%
Georgina focus
Georgina, York Region
$849,665
−$21,781 −2.5% down $21,781, 2.5% versus May 2021
- Sales
- 122
- SP/LP
- 106%
- DOM
- 15
- SNLR
- 86.5%
All York Region areas
9 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| King focus King, York Region | 43 | −20 −31.7% down 20, 31.7% versus May 2021 | $76.9M | $1,788,070 | −$369,092 −17.1% down $369,092, 17.1% versus May 2021 | $1,720,000 | 78 | 119 | 100% | 30 | 37 | 55.1% | 2.8 |
| Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region | 82 | −19 −18.8% down 19, 18.8% versus May 2021 | $110.3M | $1,344,998 | +$46,060 +3.5% up $46,060, 3.5% versus May 2021 | $1,174,000 | 127 | 110 | 103% | 17 | 23 | 64.6% | 1.3 |
| East Gwillimbury focus East Gwillimbury, York Region | 84 | +4 +5.0% up 4, 5.0% versus May 2021 | $111.9M | $1,331,763 | +$40,834 +3.2% up $40,834, 3.2% versus May 2021 | $1,214,000 | 98 | 74 | 105% | 13 | 16 | 85.7% | 0.9 |
| Richmond Hill focus Richmond Hill, York Region | 374 | +7 +1.9% up 7, 1.9% versus May 2021 | $484.5M | $1,295,429 | −$41,262 −3.1% down $41,262, 3.1% versus May 2021 | $1,200,444 | 573 | 530 | 103% | 16 | 22 | 65.3% | 1.4 |
| Vaughan focus Vaughan, York Region | 507 | −34 −6.3% down 34, 6.3% versus May 2021 | $654.7M | $1,291,264 | −$53,597 −4.0% down $53,597, 4.0% versus May 2021 | $1,175,000 | 775 | 639 | 103% | 15 | 21 | 65.4% | 1.3 |
| Aurora focus Aurora, York Region | 127 | −7 −5.2% down 7, 5.2% versus May 2021 | $161.2M | $1,269,041 | +$21,831 +1.8% up $21,831, 1.8% versus May 2021 | $1,170,000 | 162 | 119 | 104% | 14 | 21 | 78.4% | 0.9 |
| Markham focus Markham, York Region | 504 | −65 −11.4% down 65, 11.4% versus May 2021 | $612.0M | $1,214,304 | −$106,219 −8.0% down $106,219, 8.0% versus May 2021 | $1,183,400 | 740 | 544 | 108% | 12 | 18 | 68.1% | 1.1 |
| Newmarket focus Newmarket, York Region | 172 | −38 −18.1% down 38, 18.1% versus May 2021 | $187.3M | $1,088,667 | +$40,874 +3.9% up $40,874, 3.9% versus May 2021 | $1,023,000 | 223 | 118 | 105% | 11 | 18 | 77.1% | 0.7 |
| Georgina focus Georgina, York Region | 122 | −5 −3.9% down 5, 3.9% versus May 2021 | $103.7M | $849,665 | −$21,781 −2.5% down $21,781, 2.5% versus May 2021 | $804,000 | 141 | 111 | 106% | 15 | 18 | 86.5% | 0.9 |