Source: TRREB MarketWatch, February 2022

9 areas

York Region

February 2022

Headline indicators

All home types

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

$1,587,603

MoM +$68,020 +4.5% YoY +31.6%

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

$1,465,000

MoM +$24,000 +1.7% YoY +32.7%

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

$1,500,800

MoM +$91,300 +6.5% YoY +39.8%

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

1,661

MoM +741 +80.5% YoY −17.9%

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

$2.64B

MoM +$1,238,991,475 +88.6% YoY +8.1%

New listings — Properties newly listed during the month.

2,860

MoM +1,396 +95.4% YoY −3.8%

Active listings — Listings available at month end.

1,586

MoM +725 +84.2% YoY −19.1%

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

MoM −4 days −30.8% YoY −43.8%

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

MoM −5 days −29.4% YoY −40.0%

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

115%

MoM +3.0 pp +2.7% YoY +7.5%

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

58.1%

MoM −4.8 pp −7.6% YoY −14.6%

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 +2.0% YoY −1.4%

Trend

13 months to February 2022

Average price

York Region average selling price over the 13 months ending February 2022.
Month	Average price
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
Feb '22	1587603

Sales

York Region sales over the 13 months ending February 2022.
Month	Sales
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
Feb '22	1661

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,661	+741 +80.5% up 741, 80.5% versus January 2022	$1,587,603	+$68,020 +4.5% up $68,020, 4.5% versus January 2022	$1,465,000	58.1%	0.9
Detached	915	+429 +88.3% up 429, 88.3% versus January 2022	$1,992,741	+$61,337 +3.2% up $61,337, 3.2% versus January 2022	$1,820,888	54.2%	1.1
Semi-detached	111	+55 +98.2% up 55, 98.2% versus January 2022	$1,410,794	+$43,488 +3.2% up $43,488, 3.2% versus January 2022	$1,430,000	55.0%	0.8
Att/row/townhouse	210	+92 +78.0% up 92, 78.0% versus January 2022	$1,380,956	+$21,127 +1.6% up $21,127, 1.6% versus January 2022	$1,390,000	54.7%	0.9
Condo townhouse	90	+38 +73.1% up 38, 73.1% versus January 2022	$1,022,415	−$31,271 −3.0% down $31,271, 3.0% versus January 2022	$976,750	71.4%	0.6
Condo apartment	323	+127 +64.8% up 127, 64.8% versus January 2022	$795,683	+$34,090 +4.5% up $34,090, 4.5% versus January 2022	$768,800	73.9%	0.7
Link	12	no change no change versus January 2022	$1,502,358	−$19,392 −1.3% down $19,392, 1.3% versus January 2022	$1,499,250	57.1%	1.1
Co-op apartment	0	no change no change versus January 2022	$0	no change no change versus January 2022	—	—	—
Detached condo	0	no change no change versus January 2022	$0	no change no change versus January 2022	—	0.0%	—
Co-ownership apartment	0	no change no change versus January 2022	$0	no change no change versus January 2022	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	440.5	$1,500,800	+39.8% up 39.8%
Single-family detached	451.8	$1,746,700	+38.6% up 38.6%
Single-family attached	455.1	$1,315,300	+41.3% up 41.3%
Townhouse	401.6	$1,039,200	+42.3% up 42.3%
Apartment	372.9	$809,600	+40.0% up 40.0%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

King +64.0% up 64.0%
Georgina +13.4% up 13.4%
Newmarket +10.4% up 10.4%
Aurora +8.0% up 8.0%
Vaughan +6.8% up 6.8%

Bottom 5

Whitchurch-Stouffville −6.1% down 6.1%
Richmond Hill −4.4% down 4.4%
East Gwillimbury −1.7% down 1.7%
Markham +3.2% up 3.2%
Vaughan +6.8% up 6.8%

Sales, month-over-month

Top 5

Whitchurch-Stouffville +142.4% up 142.4%
Newmarket +134.4% up 134.4%
Aurora +128.6% up 128.6%
Georgina +118.0% up 118.0%
King +111.1% up 111.1%

Bottom 5

Richmond Hill +38.6% up 38.6%
Markham +62.6% up 62.6%
East Gwillimbury +67.5% up 67.5%
Vaughan +91.4% up 91.4%
King +111.1% up 111.1%

York Region

King focus

King, York Region

$3,218,432

+$1,255,826 +64.0% up $1,255,826, 64.0% versus January 2022

Sales: 38
SP/LP: 98%
DOM: 20
SNLR: 65.5%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,732,461

−$111,726 −6.1% down $111,726, 6.1% versus January 2022

Sales: 80
SP/LP: 113%
DOM: 11
SNLR: 60.6%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,633,611

−$28,582 −1.7% down $28,582, 1.7% versus January 2022

Sales: 67
SP/LP: 119%
DOM: 9
SNLR: 55.4%

Full history →

Aurora focus

Aurora, York Region

$1,633,259

+$120,598 +8.0% up $120,598, 8.0% versus January 2022

Sales: 128
SP/LP: 115%
DOM: 8
SNLR: 58.7%

Full history →

Vaughan focus

Vaughan, York Region

$1,607,591

+$102,656 +6.8% up $102,656, 6.8% versus January 2022

Sales: 446
SP/LP: 112%
DOM: 11
SNLR: 64.5%

Full history →

Markham focus

Markham, York Region

$1,559,047

+$48,690 +3.2% up $48,690, 3.2% versus January 2022

Sales: 356
SP/LP: 118%
DOM: 9
SNLR: 51.3%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,545,319

−$71,864 −4.4% down $71,864, 4.4% versus January 2022

Sales: 287
SP/LP: 116%
DOM: 9
SNLR: 52.0%

Full history →

Newmarket focus

Newmarket, York Region

$1,443,690

+$136,139 +10.4% up $136,139, 10.4% versus January 2022

Sales: 150
SP/LP: 118%
DOM: 6
SNLR: 64.7%

Full history →

Georgina focus

Georgina, York Region

$1,151,697

+$136,169 +13.4% up $136,169, 13.4% versus January 2022

Sales: 109
SP/LP: 120%
DOM: 9
SNLR: 67.7%

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	38	+20 +111.1% up 20, 111.1% versus January 2022	$122.3M	$3,218,432	+$1,255,826 +64.0% up $1,255,826, 64.0% versus January 2022	$2,770,000	58	58	98%	20	28	65.5%	1.5
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	80	+47 +142.4% up 47, 142.4% versus January 2022	$138.6M	$1,732,461	−$111,726 −6.1% down $111,726, 6.1% versus January 2022	$1,499,000	132	72	113%	11	12	60.6%	0.9
East Gwillimbury focus East Gwillimbury, York Region	67	+27 +67.5% up 27, 67.5% versus January 2022	$109.5M	$1,633,611	−$28,582 −1.7% down $28,582, 1.7% versus January 2022	$1,550,000	121	77	119%	9	12	55.4%	1.1
Aurora focus Aurora, York Region	128	+72 +128.6% up 72, 128.6% versus January 2022	$209.1M	$1,633,259	+$120,598 +8.0% up $120,598, 8.0% versus January 2022	$1,500,000	218	108	115%	8	10	58.7%	0.8
Vaughan focus Vaughan, York Region	446	+213 +91.4% up 213, 91.4% versus January 2022	$717.0M	$1,607,591	+$102,656 +6.8% up $102,656, 6.8% versus January 2022	$1,505,000	692	374	112%	11	12	64.5%	0.8
Markham focus Markham, York Region	356	+137 +62.6% up 137, 62.6% versus January 2022	$555.0M	$1,559,047	+$48,690 +3.2% up $48,690, 3.2% versus January 2022	$1,480,000	694	378	118%	9	12	51.3%	1.1
Richmond Hill focus Richmond Hill, York Region	287	+80 +38.6% up 80, 38.6% versus January 2022	$443.5M	$1,545,319	−$71,864 −4.4% down $71,864, 4.4% versus January 2022	$1,470,000	552	331	116%	9	12	52.0%	1.1
Newmarket focus Newmarket, York Region	150	+86 +134.4% up 86, 134.4% versus January 2022	$216.6M	$1,443,690	+$136,139 +10.4% up $136,139, 10.4% versus January 2022	$1,371,000	232	102	118%	6	7	64.7%	0.7
Georgina focus Georgina, York Region	109	+59 +118.0% up 59, 118.0% versus January 2022	$125.5M	$1,151,697	+$136,169 +13.4% up $136,169, 13.4% versus January 2022	$1,133,000	161	86	120%	9	11	67.7%	0.8