Source: TRREB MarketWatch, September 2021

9 areas

York Region

September 2021

Headline indicators

All home types

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

$1,359,010

MoM +$68,359 +5.3% YoY +27.4%

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

$1,250,000

MoM +$50,000 +4.2% YoY +29.1%

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

$1,201,700

MoM +$24,500 +2.1% YoY +22.9%

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

1,695

MoM +75 +4.6% YoY −16.8%

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

$2.30B

MoM +$212,666,088 +10.2% YoY +6.0%

New listings — Properties newly listed during the month.

2,424

MoM +458 +23.3% YoY −36.7%

Active listings — Listings available at month end.

1,715

MoM +92 +5.7% YoY −56.3%

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

MoM −1 day −5.9% YoY −15.8%

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

MoM −2 days −8.7% YoY −25.0%

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

106%

MoM +1.0 pp +1.0% YoY +6.0%

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

69.9%

MoM −12.5 pp −15.1% YoY +31.4%

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 +1.0% YoY −47.5%

Trend

13 months to September 2021

Average price

York Region average selling price over the 13 months ending September 2021.
Month	Average price
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
Aug '21	1290651
Sep '21	1359010

Sales

York Region sales over the 13 months ending September 2021.
Month	Sales
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
Aug '21	1620
Sep '21	1695

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,695	+75 +4.6% up 75, 4.6% versus August 2021	$1,359,010	+$68,359 +5.3% up $68,359, 5.3% versus August 2021	$1,250,000	69.9%	1.0
Detached	907	+5 +0.6% up 5, 0.6% versus August 2021	$1,738,547	+$120,337 +7.4% up $120,337, 7.4% versus August 2021	$1,555,000	65.5%	1.2
Semi-detached	108	+18 +20.0% up 18, 20.0% versus August 2021	$1,147,708	+$80,192 +7.5% up $80,192, 7.5% versus August 2021	$1,164,000	83.1%	0.5
Att/row/townhouse	237	+30 +14.5% up 30, 14.5% versus August 2021	$1,149,712	+$66,479 +6.1% up $66,479, 6.1% versus August 2021	$1,130,000	75.7%	0.5
Condo townhouse	93	−8 −7.9% down 8, 7.9% versus August 2021	$839,963	+$16,972 +2.1% up $16,972, 2.1% versus August 2021	$785,000	82.3%	0.7
Condo apartment	315	+24 +8.2% up 24, 8.2% versus August 2021	$658,936	+$21 +0.0% up $21, 0.0% versus August 2021	$636,000	72.1%	1.2
Link	32	+3 +10.3% up 3, 10.3% versus August 2021	$1,281,470	+$38,101 +3.1% up $38,101, 3.1% versus August 2021	$1,278,500	72.7%	0.4
Co-op apartment	1	+1 up 1 versus August 2021	$650,000	+$650,000 up $650,000 versus August 2021	$650,000	100.0%	0.0
Detached condo	2	+2 up 2 versus August 2021	$1,443,500	+$1,443,500 up $1,443,500 versus August 2021	$1,443,500	200.0%	1.0
Co-ownership apartment	0	no change no change versus August 2021	$0	no change no change versus August 2021	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	352.7	$1,201,700	+22.9% up 22.9%
Single-family detached	364.9	$1,410,700	+24.7% up 24.7%
Single-family attached	362.3	$1,047,100	+25.3% up 25.3%
Townhouse	317.1	$820,600	+19.9% up 19.9%
Apartment	292.7	$635,500	+13.0% up 13.0%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Aurora +19.5% up 19.5%
King +18.0% up 18.0%
Richmond Hill +5.9% up 5.9%
Markham +5.7% up 5.7%
Whitchurch-Stouffville +4.9% up 4.9%

Bottom 5

Georgina −4.5% down 4.5%
East Gwillimbury −0.4% down 0.4%
Vaughan +1.4% up 1.4%
Newmarket +3.1% up 3.1%
Whitchurch-Stouffville +4.9% up 4.9%

Sales, month-over-month

Top 5

Whitchurch-Stouffville +31.3% up 31.3%
Markham +13.4% up 13.4%
Richmond Hill +8.3% up 8.3%
Georgina +6.7% up 6.7%
East Gwillimbury +4.9% up 4.9%

Bottom 5

Aurora −21.5% down 21.5%
Newmarket −12.9% down 12.9%
King no change no change
Vaughan +1.7% up 1.7%
East Gwillimbury +4.9% up 4.9%

York Region

King focus

King, York Region

$2,441,827

+$371,709 +18.0% up $371,709, 18.0% versus August 2021

Sales: 44
SP/LP: 99%
DOM: 31
SNLR: 68.8%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,482,844

+$69,423 +4.9% up $69,423, 4.9% versus August 2021

Sales: 84
SP/LP: 105%
DOM: 19
SNLR: 77.1%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,441,035

+$80,225 +5.9% up $80,225, 5.9% versus August 2021

Sales: 326
SP/LP: 106%
DOM: 16
SNLR: 63.2%

Full history →

Aurora focus

Aurora, York Region

$1,405,893

+$229,063 +19.5% up $229,063, 19.5% versus August 2021

Sales: 84
SP/LP: 105%
DOM: 18
SNLR: 58.3%

Full history →

Markham focus

Markham, York Region

$1,352,869

+$73,013 +5.7% up $73,013, 5.7% versus August 2021

Sales: 456
SP/LP: 109%
DOM: 16
SNLR: 74.3%

Full history →

Vaughan focus

Vaughan, York Region

$1,328,271

+$18,669 +1.4% up $18,669, 1.4% versus August 2021

Sales: 426
SP/LP: 104%
DOM: 16
SNLR: 70.0%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,280,519

−$5,192 −0.4% down $5,192, 0.4% versus August 2021

Sales: 64
SP/LP: 111%
DOM: 13
SNLR: 94.1%

Full history →

Newmarket focus

Newmarket, York Region

$1,138,999

+$34,229 +3.1% up $34,229, 3.1% versus August 2021

Sales: 115
SP/LP: 109%
DOM: 9
SNLR: 66.9%

Full history →

Georgina focus

Georgina, York Region

$916,244

−$42,675 −4.5% down $42,675, 4.5% versus August 2021

Sales: 96
SP/LP: 109%
DOM: 18
SNLR: 75.0%

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	44	no change no change versus August 2021	$107.4M	$2,441,827	+$371,709 +18.0% up $371,709, 18.0% versus August 2021	$2,175,500	64	79	99%	31	42	68.8%	1.8
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	84	+20 +31.3% up 20, 31.3% versus August 2021	$124.6M	$1,482,844	+$69,423 +4.9% up $69,423, 4.9% versus August 2021	$1,257,900	109	80	105%	19	22	77.1%	0.9
Richmond Hill focus Richmond Hill, York Region	326	+25 +8.3% up 25, 8.3% versus August 2021	$469.8M	$1,441,035	+$80,225 +5.9% up $80,225, 5.9% versus August 2021	$1,329,094	516	411	106%	16	22	63.2%	1.3
Aurora focus Aurora, York Region	84	−23 −21.5% down 23, 21.5% versus August 2021	$118.1M	$1,405,893	+$229,063 +19.5% up $229,063, 19.5% versus August 2021	$1,192,500	144	88	105%	18	22	58.3%	1.1
Markham focus Markham, York Region	456	+54 +13.4% up 54, 13.4% versus August 2021	$616.9M	$1,352,869	+$73,013 +5.7% up $73,013, 5.7% versus August 2021	$1,300,000	614	376	109%	16	20	74.3%	0.8
Vaughan focus Vaughan, York Region	426	+7 +1.7% up 7, 1.7% versus August 2021	$565.8M	$1,328,271	+$18,669 +1.4% up $18,669, 1.4% versus August 2021	$1,250,000	609	454	104%	16	21	70.0%	1.1
East Gwillimbury focus East Gwillimbury, York Region	64	+3 +4.9% up 3, 4.9% versus August 2021	$82.0M	$1,280,519	−$5,192 −0.4% down $5,192, 0.4% versus August 2021	$1,245,500	68	43	111%	13	13	94.1%	0.7
Newmarket focus Newmarket, York Region	115	−17 −12.9% down 17, 12.9% versus August 2021	$131.0M	$1,138,999	+$34,229 +3.1% up $34,229, 3.1% versus August 2021	$1,075,000	172	94	109%	9	11	66.9%	0.8
Georgina focus Georgina, York Region	96	+6 +6.7% up 6, 6.7% versus August 2021	$88.0M	$916,244	−$42,675 −4.5% down $42,675, 4.5% versus August 2021	$886,000	128	90	109%	18	22	75.0%	0.9