Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,271,831
MoM +$29,998 +2.4% up $29,998, 2.4% versus June 2021 YoY +16.3% up 16.3% versus July 2020
Source: TRREB MarketWatch, July 2021
9 areas
York Region
July 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.
$1,175,000
MoM +$25,000 +2.2% up $25,000, 2.2% versus June 2021 YoY +21.1% up 21.1% versus July 2020
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,162,500
MoM +$9,200 +0.8% up $9,200, 0.8% versus June 2021 YoY +20.9% up 20.9% versus July 2020
Sales — Firm transactions reported through the MLS® System during the month.
1,767
MoM −248 −12.3% down 248, 12.3% versus June 2021 YoY −4.5% down 4.5% versus July 2020
Dollar volume — Total value of all sales in the month.
$2.25B
MoM −$254,967,790 −10.2% down $254,967,790, 10.2% versus June 2021 YoY +11.1% up 11.1% versus July 2020
New listings — Properties newly listed during the month.
2,223
MoM −694 −23.8% down 694, 23.8% versus June 2021 YoY −32.8% down 32.8% versus July 2020
Active listings — Listings available at month end.
1,921
MoM −443 −18.7% down 443, 18.7% versus June 2021 YoY −42.1% down 42.1% versus July 2020
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
16
MoM +2 days +14.3% up 2 days, 14.3% versus June 2021 YoY −20.0% down 20.0% versus July 2020
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
22
MoM +2 days +10.0% up 2 days, 10.0% versus June 2021 YoY −26.7% down 26.7% versus July 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 June 2021 YoY +4.0% up 4.0% versus July 2020
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
79.5%
MoM +10.4 pp +15.1% up 10.4 pp, 15.1% versus June 2021 YoY +42.0% up 42.0% versus July 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.
1.1
MoM −0 −7.3% down 0, 7.3% versus June 2021 YoY −39.4% down 39.4% versus July 2020
Trend
13 months to July 2021
Average price
| Month | Average price |
|---|---|
| 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 |
| Jul '21 | 1271831 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Jul '21 | 1767 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,767 | −248 −12.3% down 248, 12.3% versus June 2021 | $1,271,831 | +$29,998 +2.4% up $29,998, 2.4% versus June 2021 | $1,175,000 | 79.5% | 1.1 |
| Detached | 976 | −162 −14.2% down 162, 14.2% versus June 2021 | $1,598,306 | +$60,248 +3.9% up $60,248, 3.9% versus June 2021 | $1,452,200 | 78.7% | 1.2 |
| Semi-detached | 140 | +27 +23.9% up 27, 23.9% versus June 2021 | $1,053,302 | +$31,262 +3.1% up $31,262, 3.1% versus June 2021 | $1,050,000 | 111.1% | 0.3 |
| Att/row/townhouse | 230 | −67 −22.6% down 67, 22.6% versus June 2021 | $1,062,653 | +$28,382 +2.7% up $28,382, 2.7% versus June 2021 | $1,031,500 | 89.5% | 0.6 |
| Condo townhouse | 94 | −4 −4.1% down 4, 4.1% versus June 2021 | $803,462 | +$21,902 +2.8% up $21,902, 2.8% versus June 2021 | $777,000 | 67.1% | 1.2 |
| Condo apartment | 304 | −34 −10.1% down 34, 10.1% versus June 2021 | $633,426 | −$7,982 −1.2% down $7,982, 1.2% versus June 2021 | $619,000 | 69.9% | 1.4 |
| Link | 23 | −7 −23.3% down 7, 23.3% versus June 2021 | $1,192,157 | +$14,487 +1.2% up $14,487, 1.2% versus June 2021 | $1,175,000 | 95.8% | 0.4 |
| Co-op apartment | 0 | −1 −100.0% down 1, 100.0% versus June 2021 | $0 | −$595,000 −100.0% down $595,000, 100.0% versus June 2021 | — | — | — |
| Detached condo | 0 | no change no change versus June 2021 | $0 | no change no change versus June 2021 | — | — | — |
| Co-ownership apartment | 0 | no change no change versus June 2021 | $0 | no change no change versus June 2021 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 341.2 | $1,162,500 | +20.9% up 20.9% |
| Single-family detached | 352.1 | $1,361,200 | +23.0% up 23.0% |
| Single-family attached | 345.8 | $999,400 | +22.1% up 22.1% |
| Townhouse | 303.9 | $786,400 | +17.6% up 17.6% |
| Apartment | 290.7 | $631,100 | +12.1% up 12.1% |
Movers within York Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Georgina +9.0% up 9.0%
- King +7.5% up 7.5%
- Whitchurch-Stouffville +5.6% up 5.6%
- Markham +3.6% up 3.6%
- Richmond Hill +3.6% up 3.6%
Bottom 5
- Vaughan −3.3% down 3.3%
- Aurora −3.0% down 3.0%
- Newmarket +0.4% up 0.4%
- East Gwillimbury +1.3% up 1.3%
- Richmond Hill +3.6% up 3.6%
Sales, month-over-month
Top 5
- King +11.6% up 11.6%
- Whitchurch-Stouffville +6.1% up 6.1%
- Markham −3.0% down 3.0%
- Richmond Hill −11.0% down 11.0%
- Aurora −11.0% down 11.0%
Bottom 5
- Georgina −36.9% down 36.9%
- Vaughan −19.5% down 19.5%
- East Gwillimbury −19.0% down 19.0%
- Newmarket −16.3% down 16.3%
- Aurora −11.0% down 11.0%
York Region
King focus
King, York Region
$1,921,694
+$133,624 +7.5% up $133,624, 7.5% versus June 2021
- Sales
- 48
- SP/LP
- 100%
- DOM
- 24
- SNLR
- 67.6%
Whitchurch-Stouffville focus
Whitchurch-Stouffville, York Region
$1,420,335
+$75,337 +5.6% up $75,337, 5.6% versus June 2021
- Sales
- 87
- SP/LP
- 103%
- DOM
- 16
- SNLR
- 87.9%
East Gwillimbury focus
East Gwillimbury, York Region
$1,349,121
+$17,358 +1.3% up $17,358, 1.3% versus June 2021
- Sales
- 68
- SP/LP
- 104%
- DOM
- 15
- SNLR
- 81.9%
Richmond Hill focus
Richmond Hill, York Region
$1,342,361
+$46,932 +3.6% up $46,932, 3.6% versus June 2021
- Sales
- 333
- SP/LP
- 103%
- DOM
- 19
- SNLR
- 75.2%
Markham focus
Markham, York Region
$1,258,314
+$44,010 +3.6% up $44,010, 3.6% versus June 2021
- Sales
- 489
- SP/LP
- 107%
- DOM
- 14
- SNLR
- 82.3%
Vaughan focus
Vaughan, York Region
$1,249,104
−$42,160 −3.3% down $42,160, 3.3% versus June 2021
- Sales
- 408
- SP/LP
- 103%
- DOM
- 17
- SNLR
- 76.1%
Aurora focus
Aurora, York Region
$1,231,280
−$37,761 −3.0% down $37,761, 3.0% versus June 2021
- Sales
- 113
- SP/LP
- 105%
- DOM
- 14
- SNLR
- 90.4%
Newmarket focus
Newmarket, York Region
$1,092,863
+$4,196 +0.4% up $4,196, 0.4% versus June 2021
- Sales
- 144
- SP/LP
- 105%
- DOM
- 14
- SNLR
- 90.6%
Georgina focus
Georgina, York Region
$926,129
+$76,464 +9.0% up $76,464, 9.0% versus June 2021
- Sales
- 77
- SP/LP
- 104%
- DOM
- 17
- SNLR
- 68.1%
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 | 48 | +5 +11.6% up 5, 11.6% versus June 2021 | $92.2M | $1,921,694 | +$133,624 +7.5% up $133,624, 7.5% versus June 2021 | $1,687,500 | 71 | 103 | 100% | 24 | 29 | 67.6% | 2.1 |
| Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region | 87 | +5 +6.1% up 5, 6.1% versus June 2021 | $123.6M | $1,420,335 | +$75,337 +5.6% up $75,337, 5.6% versus June 2021 | $1,205,000 | 99 | 77 | 103% | 16 | 20 | 87.9% | 0.9 |
| East Gwillimbury focus East Gwillimbury, York Region | 68 | −16 −19.0% down 16, 19.0% versus June 2021 | $91.7M | $1,349,121 | +$17,358 +1.3% up $17,358, 1.3% versus June 2021 | $1,255,400 | 83 | 65 | 104% | 15 | 18 | 81.9% | 1.0 |
| Richmond Hill focus Richmond Hill, York Region | 333 | −41 −11.0% down 41, 11.0% versus June 2021 | $447.0M | $1,342,361 | +$46,932 +3.6% up $46,932, 3.6% versus June 2021 | $1,205,000 | 443 | 443 | 103% | 19 | 27 | 75.2% | 1.3 |
| Markham focus Markham, York Region | 489 | −15 −3.0% down 15, 3.0% versus June 2021 | $615.3M | $1,258,314 | +$44,010 +3.6% up $44,010, 3.6% versus June 2021 | $1,180,000 | 594 | 433 | 107% | 14 | 19 | 82.3% | 0.9 |
| Vaughan focus Vaughan, York Region | 408 | −99 −19.5% down 99, 19.5% versus June 2021 | $509.6M | $1,249,104 | −$42,160 −3.3% down $42,160, 3.3% versus June 2021 | $1,202,944 | 536 | 537 | 103% | 17 | 24 | 76.1% | 1.3 |
| Aurora focus Aurora, York Region | 113 | −14 −11.0% down 14, 11.0% versus June 2021 | $139.1M | $1,231,280 | −$37,761 −3.0% down $37,761, 3.0% versus June 2021 | $1,170,000 | 125 | 98 | 105% | 14 | 19 | 90.4% | 0.9 |
| Newmarket focus Newmarket, York Region | 144 | −28 −16.3% down 28, 16.3% versus June 2021 | $157.4M | $1,092,863 | +$4,196 +0.4% up $4,196, 0.4% versus June 2021 | $1,050,500 | 159 | 82 | 105% | 14 | 21 | 90.6% | 0.6 |
| Georgina focus Georgina, York Region | 77 | −45 −36.9% down 45, 36.9% versus June 2021 | $71.3M | $926,129 | +$76,464 +9.0% up $76,464, 9.0% versus June 2021 | $800,000 | 113 | 83 | 104% | 17 | 20 | 68.1% | 1.1 |