Source: TRREB MarketWatch, April 2022

9 areas

York Region

April 2022

Headline indicators

All home types

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

$1,426,650

MoM −$89,247 −5.9% YoY +11.2%

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

$1,325,000

MoM −$90,000 −6.4% YoY +12.8%

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

$1,531,500

MoM −$20,400 −1.3% YoY +34.9%

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

1,230

MoM −691 −36.0% YoY −49.9%

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

$1.75B

MoM −$1,157,257,709 −39.7% YoY −44.3%

New listings — Properties newly listed during the month.

3,269

MoM −725 −18.2% YoY −18.9%

Active listings — Listings available at month end.

2,665

MoM +448 +20.2% YoY −1.5%

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

MoM +3 days +33.3% YoY no change

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

MoM +4 days +33.3% YoY no change

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

105%

MoM −6.0 pp −5.4% YoY no change

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

37.6%

MoM −10.5 pp −21.8% YoY −38.2%

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.

2.2

MoM +1 +87.7% YoY +96.5%

Trend

13 months to April 2022

Average price

York Region average selling price over the 13 months ending April 2022.
Month	Average price
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
Mar '22	1515897
Apr '22	1426650

Sales

York Region sales over the 13 months ending April 2022.
Month	Sales
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
Mar '22	1921
Apr '22	1230

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,230	−691 −36.0% down 691, 36.0% versus March 2022	$1,426,650	−$89,247 −5.9% down $89,247, 5.9% versus March 2022	$1,325,000	37.6%	2.2
Detached	673	−363 −35.0% down 363, 35.0% versus March 2022	$1,761,834	−$130,882 −6.9% down $130,882, 6.9% versus March 2022	$1,675,000	36.3%	2.4
Semi-detached	85	−49 −36.6% down 49, 36.6% versus March 2022	$1,259,347	−$73,885 −5.5% down $73,885, 5.5% versus March 2022	$1,250,000	34.3%	1.9
Att/row/townhouse	163	−88 −35.1% down 88, 35.1% versus March 2022	$1,265,285	−$55,545 −4.2% down $55,545, 4.2% versus March 2022	$1,270,000	35.8%	2.0
Condo townhouse	64	−46 −41.8% down 46, 41.8% versus March 2022	$993,880	−$69,581 −6.5% down $69,581, 6.5% versus March 2022	$920,000	35.8%	1.9
Condo apartment	235	−132 −36.0% down 132, 36.0% versus March 2022	$759,751	−$31,578 −4.0% down $31,578, 4.0% versus March 2022	$740,000	46.4%	1.8
Link	10	−10 −50.0% down 10, 50.0% versus March 2022	$1,363,000	−$62,694 −4.4% down $62,694, 4.4% versus March 2022	$1,353,500	37.0%	2.5
Co-op apartment	0	no change no change versus March 2022	$0	no change no change versus March 2022	—	—	—
Detached condo	0	−3 −100.0% down 3, 100.0% versus March 2022	$0	−$1,696,667 −100.0% down $1,696,667, 100.0% versus March 2022	—	0.0%	—
Co-ownership apartment	0	no change no change versus March 2022	$0	no change no change versus March 2022	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	449.5	$1,531,500	+34.9% up 34.9%
Single-family detached	455.7	$1,761,800	+32.5% up 32.5%
Single-family attached	463.2	$1,338,700	+36.0% up 36.0%
Townhouse	415.2	$1,074,400	+35.4% up 35.4%
Apartment	392.8	$852,800	+39.5% up 39.5%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Markham +1.9% up 1.9%
East Gwillimbury −1.3% down 1.3%
Richmond Hill −6.1% down 6.1%
Aurora −6.3% down 6.3%
Vaughan −7.5% down 7.5%

Bottom 5

Whitchurch-Stouffville −18.6% down 18.6%
King −18.0% down 18.0%
Newmarket −8.3% down 8.3%
Georgina −8.3% down 8.3%
Vaughan −7.5% down 7.5%

Sales, month-over-month

Top 5

Whitchurch-Stouffville −17.1% down 17.1%
Newmarket −25.3% down 25.3%
Vaughan −33.5% down 33.5%
Georgina −37.8% down 37.8%
Richmond Hill −37.9% down 37.9%

Bottom 5

Aurora −42.9% down 42.9%
East Gwillimbury −41.9% down 41.9%
Markham −40.2% down 40.2%
King −39.0% down 39.0%
Richmond Hill −37.9% down 37.9%

York Region

King focus

King, York Region

$2,061,674

−$451,866 −18.0% down $451,866, 18.0% versus March 2022

Sales: 25
SP/LP: 101%
DOM: 16
SNLR: 29.8%

Full history →

Aurora focus

Aurora, York Region

$1,512,429

−$101,902 −6.3% down $101,902, 6.3% versus March 2022

Sales: 76
SP/LP: 106%
DOM: 11
SNLR: 34.1%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,503,390

−$19,473 −1.3% down $19,473, 1.3% versus March 2022

Sales: 50
SP/LP: 104%
DOM: 15
SNLR: 36.0%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,489,048

−$96,604 −6.1% down $96,604, 6.1% versus March 2022

Sales: 198
SP/LP: 106%
DOM: 12
SNLR: 34.0%

Full history →

Markham focus

Markham, York Region

$1,461,153

+$27,889 +1.9% up $27,889, 1.9% versus March 2022

Sales: 293
SP/LP: 106%
DOM: 12
SNLR: 38.9%

Full history →

Vaughan focus

Vaughan, York Region

$1,433,452

−$115,474 −7.5% down $115,474, 7.5% versus March 2022

Sales: 336
SP/LP: 105%
DOM: 11
SNLR: 39.3%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,367,844

−$311,914 −18.6% down $311,914, 18.6% versus March 2022

Sales: 68
SP/LP: 104%
DOM: 11
SNLR: 39.3%

Full history →

Newmarket focus

Newmarket, York Region

$1,266,924

−$114,912 −8.3% down $114,912, 8.3% versus March 2022

Sales: 115
SP/LP: 108%
DOM: 9
SNLR: 44.9%

Full history →

Georgina focus

Georgina, York Region

$1,011,957

−$91,082 −8.3% down $91,082, 8.3% versus March 2022

Sales: 69
SP/LP: 106%
DOM: 12
SNLR: 33.7%

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	25	−16 −39.0% down 16, 39.0% versus March 2022	$51.5M	$2,061,674	−$451,866 −18.0% down $451,866, 18.0% versus March 2022	$2,012,850	84	98	101%	16	17	29.8%	3.9
Aurora focus Aurora, York Region	76	−57 −42.9% down 57, 42.9% versus March 2022	$114.9M	$1,512,429	−$101,902 −6.3% down $101,902, 6.3% versus March 2022	$1,327,500	223	196	106%	11	15	34.1%	2.6
East Gwillimbury focus East Gwillimbury, York Region	50	−36 −41.9% down 36, 41.9% versus March 2022	$75.2M	$1,503,390	−$19,473 −1.3% down $19,473, 1.3% versus March 2022	$1,291,000	139	114	104%	15	19	36.0%	2.3
Richmond Hill focus Richmond Hill, York Region	198	−121 −37.9% down 121, 37.9% versus March 2022	$294.8M	$1,489,048	−$96,604 −6.1% down $96,604, 6.1% versus March 2022	$1,450,000	582	525	106%	12	16	34.0%	2.6
Markham focus Markham, York Region	293	−197 −40.2% down 197, 40.2% versus March 2022	$428.1M	$1,461,153	+$27,889 +1.9% up $27,889, 1.9% versus March 2022	$1,400,000	753	597	106%	12	15	38.9%	2.0
Vaughan focus Vaughan, York Region	336	−169 −33.5% down 169, 33.5% versus March 2022	$481.6M	$1,433,452	−$115,474 −7.5% down $115,474, 7.5% versus March 2022	$1,346,500	854	668	105%	11	17	39.3%	2.0
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	68	−14 −17.1% down 14, 17.1% versus March 2022	$93.0M	$1,367,844	−$311,914 −18.6% down $311,914, 18.6% versus March 2022	$1,257,500	173	149	104%	11	15	39.3%	2.2
Newmarket focus Newmarket, York Region	115	−39 −25.3% down 39, 25.3% versus March 2022	$145.7M	$1,266,924	−$114,912 −8.3% down $114,912, 8.3% versus March 2022	$1,205,000	256	166	108%	9	14	44.9%	1.4
Georgina focus Georgina, York Region	69	−42 −37.8% down 42, 37.8% versus March 2022	$69.8M	$1,011,957	−$91,082 −8.3% down $91,082, 8.3% versus March 2022	$920,000	205	152	106%	12	17	33.7%	2.2