Source: TRREB MarketWatch, January 2022

9 areas

York Region

January 2022

Headline indicators

All home types

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

$1,519,583

MoM +$94,217 +6.6% YoY +30.0%

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

$1,441,000

MoM +$98,000 +7.3% YoY +36.6%

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

$1,409,500

MoM +$54,800 +4.0% YoY +38.2%

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

920

MoM −131 −12.5% YoY −28.6%

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

$1.40B

MoM −$100,042,958 −6.7% YoY −7.1%

New listings — Properties newly listed during the month.

1,464

MoM +548 +59.8% YoY −21.0%

Active listings — Listings available at month end.

861

MoM +249 +40.7% YoY −46.0%

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

MoM −1 day −7.1% YoY −50.0%

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

MoM −2 days −10.5% YoY −51.4%

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

112%

MoM +3.0 pp +2.8% YoY +9.8%

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

62.8%

MoM −51.9 pp −45.2% YoY −9.6%

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 +60.7% YoY −24.3%

Trend

13 months to January 2022

Average price

York Region average selling price over the 13 months ending January 2022.
Month	Average price
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
Oct '21	1376939
Nov '21	1394713
Dec '21	1425366
Jan '22	1519583

Sales

York Region sales over the 13 months ending January 2022.
Month	Sales
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
Oct '21	1834
Nov '21	1583
Dec '21	1051
Jan '22	920

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	920	−131 −12.5% down 131, 12.5% versus December 2021	$1,519,583	+$94,217 +6.6% up $94,217, 6.6% versus December 2021	$1,441,000	62.8%	0.9
Detached	486	−71 −12.7% down 71, 12.7% versus December 2021	$1,931,404	+$114,790 +6.3% up $114,790, 6.3% versus December 2021	$1,800,000	58.8%	1.2
Semi-detached	56	−11 −16.4% down 11, 16.4% versus December 2021	$1,367,306	+$119,111 +9.5% up $119,111, 9.5% versus December 2021	$1,390,844	67.5%	0.5
Att/row/townhouse	118	−26 −18.1% down 26, 18.1% versus December 2021	$1,359,829	+$76,896 +6.0% up $76,896, 6.0% versus December 2021	$1,358,000	67.0%	0.6
Condo townhouse	52	−3 −5.5% down 3, 5.5% versus December 2021	$1,053,686	+$127,670 +13.8% up $127,670, 13.8% versus December 2021	$974,000	73.2%	0.5
Condo apartment	196	−23 −10.5% down 23, 10.5% versus December 2021	$761,593	+$58,270 +8.3% up $58,270, 8.3% versus December 2021	$730,100	68.5%	0.8
Link	12	+3 +33.3% up 3, 33.3% versus December 2021	$1,521,750	+$91,174 +6.4% up $91,174, 6.4% versus December 2021	$1,450,000	57.1%	0.7
Co-op apartment	0	no change no change versus December 2021	$0	no change no change versus December 2021	—	—	—
Detached condo	0	no change no change versus December 2021	$0	no change no change versus December 2021	—	—	—
Co-ownership apartment	0	no change no change versus December 2021	$0	no change no change versus December 2021	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	413.7	$1,409,500	+38.2% up 38.2%
Single-family detached	424.1	$1,639,600	+37.8% up 37.8%
Single-family attached	428.8	$1,239,300	+41.9% up 41.9%
Townhouse	375.8	$972,500	+36.4% up 36.4%
Apartment	349.3	$758,300	+33.8% up 33.8%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Whitchurch-Stouffville +11.5% up 11.5%
Vaughan +9.1% up 9.1%
East Gwillimbury +8.0% up 8.0%
Richmond Hill +7.7% up 7.7%
Aurora +6.1% up 6.1%

Bottom 5

King −18.9% down 18.9%
Newmarket +1.1% up 1.1%
Georgina +5.7% up 5.7%
Markham +6.0% up 6.0%
Aurora +6.1% up 6.1%

Sales, month-over-month

Top 5

East Gwillimbury +11.1% up 11.1%
Newmarket no change no change
Richmond Hill −3.3% down 3.3%
King −14.3% down 14.3%
Vaughan −14.3% down 14.3%

Bottom 5

Whitchurch-Stouffville −23.3% down 23.3%
Georgina −23.1% down 23.1%
Markham −18.3% down 18.3%
Aurora −17.6% down 17.6%
Vaughan −14.3% down 14.3%

York Region

King focus

King, York Region

$1,962,606

−$456,956 −18.9% down $456,956, 18.9% versus December 2021

Sales: 18
SP/LP: 103%
DOM: 22
SNLR: 43.9%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,844,187

+$190,429 +11.5% up $190,429, 11.5% versus December 2021

Sales: 33
SP/LP: 105%
DOM: 21
SNLR: 56.9%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,662,193

+$123,279 +8.0% up $123,279, 8.0% versus December 2021

Sales: 40
SP/LP: 114%
DOM: 9
SNLR: 58.0%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,617,183

+$115,266 +7.7% up $115,266, 7.7% versus December 2021

Sales: 207
SP/LP: 112%
DOM: 13
SNLR: 67.7%

Full history →

Aurora focus

Aurora, York Region

$1,512,661

+$86,502 +6.1% up $86,502, 6.1% versus December 2021

Sales: 56
SP/LP: 116%
DOM: 9
SNLR: 57.1%

Full history →

Markham focus

Markham, York Region

$1,510,357

+$85,636 +6.0% up $85,636, 6.0% versus December 2021

Sales: 219
SP/LP: 115%
DOM: 10
SNLR: 68.4%

Full history →

Vaughan focus

Vaughan, York Region

$1,504,935

+$125,115 +9.1% up $125,115, 9.1% versus December 2021

Sales: 233
SP/LP: 110%
DOM: 16
SNLR: 63.0%

Full history →

Newmarket focus

Newmarket, York Region

$1,307,551

+$14,220 +1.1% up $14,220, 1.1% versus December 2021

Sales: 64
SP/LP: 117%
DOM: 8
SNLR: 56.1%

Full history →

Georgina focus

Georgina, York Region

$1,015,528

+$54,953 +5.7% up $54,953, 5.7% versus December 2021

Sales: 50
SP/LP: 118%
DOM: 13
SNLR: 56.8%

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	18	−3 −14.3% down 3, 14.3% versus December 2021	$35.3M	$1,962,606	−$456,956 −18.9% down $456,956, 18.9% versus December 2021	$1,917,500	41	50	103%	22	42	43.9%	2.8
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	33	−10 −23.3% down 10, 23.3% versus December 2021	$60.9M	$1,844,187	+$190,429 +11.5% up $190,429, 11.5% versus December 2021	$1,600,000	58	49	105%	21	22	56.9%	1.5
East Gwillimbury focus East Gwillimbury, York Region	40	+4 +11.1% up 4, 11.1% versus December 2021	$66.5M	$1,662,193	+$123,279 +8.0% up $123,279, 8.0% versus December 2021	$1,640,500	69	39	114%	9	10	58.0%	1.0
Richmond Hill focus Richmond Hill, York Region	207	−7 −3.3% down 7, 3.3% versus December 2021	$334.8M	$1,617,183	+$115,266 +7.7% up $115,266, 7.7% versus December 2021	$1,550,000	306	160	112%	13	17	67.7%	0.8
Aurora focus Aurora, York Region	56	−12 −17.6% down 12, 17.6% versus December 2021	$84.7M	$1,512,661	+$86,502 +6.1% up $86,502, 6.1% versus December 2021	$1,466,500	98	53	116%	9	14	57.1%	0.9
Markham focus Markham, York Region	219	−49 −18.3% down 49, 18.3% versus December 2021	$330.8M	$1,510,357	+$85,636 +6.0% up $85,636, 6.0% versus December 2021	$1,446,600	320	157	115%	10	15	68.4%	0.7
Vaughan focus Vaughan, York Region	233	−39 −14.3% down 39, 14.3% versus December 2021	$350.6M	$1,504,935	+$125,115 +9.1% up $125,115, 9.1% versus December 2021	$1,430,000	370	240	110%	16	20	63.0%	1.0
Newmarket focus Newmarket, York Region	64	no change no change versus December 2021	$83.7M	$1,307,551	+$14,220 +1.1% up $14,220, 1.1% versus December 2021	$1,301,900	114	55	117%	8	11	56.1%	0.9
Georgina focus Georgina, York Region	50	−15 −23.1% down 15, 23.1% versus December 2021	$50.8M	$1,015,528	+$54,953 +5.7% up $54,953, 5.7% versus December 2021	$1,010,500	88	58	118%	13	17	56.8%	1.2