Source: TRREB MarketWatch, June 2022

9 areas

York Region

June 2022

Headline indicators

All home types

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

$1,307,857

MoM −$61,800 −4.5% YoY +5.3%

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

$1,228,000

MoM −$42,000 −3.3% YoY +6.8%

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

$1,428,600

MoM −$71,000 −4.7% YoY +21.5%

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

1,011

MoM −89 −8.1% YoY −49.8%

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

$1.32B

MoM −$184,379,635 −12.2% YoY −47.2%

New listings — Properties newly listed during the month.

2,666

MoM −485 −15.4% YoY −8.6%

Active listings — Listings available at month end.

2,932

MoM −22 −0.7% YoY +24.0%

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

MoM +3 days +21.4% YoY +21.4%

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

MoM +6 days +28.6% YoY +35.0%

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

99%

MoM −2.0 pp −2.0% YoY −4.8%

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

37.9%

MoM +3.0 pp +8.6% YoY −45.1%

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.

2.9

MoM +0 +8.0% YoY +147.2%

Trend

13 months to June 2022

Average price

York Region average selling price over the 13 months ending June 2022.
Month	Average price
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
May '22	1369657
Jun '22	1307857

Sales

York Region sales over the 13 months ending June 2022.
Month	Sales
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
May '22	1100
Jun '22	1011

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,011	−89 −8.1% down 89, 8.1% versus May 2022	$1,307,857	−$61,800 −4.5% down $61,800, 4.5% versus May 2022	$1,228,000	37.9%	2.9
Detached	551	−40 −6.8% down 40, 6.8% versus May 2022	$1,608,721	−$68,529 −4.1% down $68,529, 4.1% versus May 2022	$1,500,000	37.5%	3.1
Semi-detached	70	−21 −23.1% down 21, 23.1% versus May 2022	$1,139,561	−$28,978 −2.5% down $28,978, 2.5% versus May 2022	$1,170,000	40.7%	2.3
Att/row/townhouse	153	−30 −16.4% down 30, 16.4% versus May 2022	$1,111,927	−$57,135 −4.9% down $57,135, 4.9% versus May 2022	$1,078,000	43.6%	2.1
Condo townhouse	46	+4 +9.5% up 4, 9.5% versus May 2022	$905,093	−$31,286 −3.3% down $31,286, 3.3% versus May 2022	$849,000	31.1%	3.4
Condo apartment	181	+1 +0.6% up 1, 0.6% versus May 2022	$727,225	−$53,478 −6.8% down $53,478, 6.8% versus May 2022	$685,000	35.4%	3.2
Link	10	−3 −23.1% down 3, 23.1% versus May 2022	$1,268,200	+$96,032 +8.2% up $96,032, 8.2% versus May 2022	$1,267,500	66.7%	1.8

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	388.7	$1,428,600	+21.5% up 21.5%
Single-family detached	393.5	$1,732,900	+19.5% up 19.5%
Single-family attached	411.6	$1,241,300	+24.1% up 24.1%
Townhouse	392.4	$1,003,100	+25.8% up 25.8%
Apartment	356.8	$751,500	+26.4% up 26.4%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Aurora +1.3% up 1.3%
King +1.1% up 1.1%
Whitchurch-Stouffville −2.0% down 2.0%
Georgina −2.1% down 2.1%
Markham −2.2% down 2.2%

Bottom 5

Richmond Hill −9.2% down 9.2%
East Gwillimbury −8.1% down 8.1%
Vaughan −5.7% down 5.7%
Newmarket −3.8% down 3.8%
Markham −2.2% down 2.2%

Sales, month-over-month

Top 5

Markham +3.1% up 3.1%
Vaughan −1.5% down 1.5%
Georgina −3.2% down 3.2%
Aurora −10.3% down 10.3%
Richmond Hill −13.3% down 13.3%

Bottom 5

Whitchurch-Stouffville −33.3% down 33.3%
King −27.6% down 27.6%
Newmarket −21.0% down 21.0%
East Gwillimbury −14.0% down 14.0%
Richmond Hill −13.3% down 13.3%

York Region

King focus

King, York Region

$2,082,595

+$21,992 +1.1% up $21,992, 1.1% versus May 2022

Sales: 21
SP/LP: 92%
DOM: 29
SNLR: 24.4%

Full history →

Aurora focus

Aurora, York Region

$1,462,738

+$18,963 +1.3% up $18,963, 1.3% versus May 2022

Sales: 70
SP/LP: 99%
DOM: 17
SNLR: 40.7%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,353,611

−$136,991 −9.2% down $136,991, 9.2% versus May 2022

Sales: 163
SP/LP: 99%
DOM: 18
SNLR: 34.5%

Full history →

Markham focus

Markham, York Region

$1,338,179

−$30,027 −2.2% down $30,027, 2.2% versus May 2022

Sales: 269
SP/LP: 101%
DOM: 17
SNLR: 46.0%

Full history →

Vaughan focus

Vaughan, York Region

$1,297,971

−$78,697 −5.7% down $78,697, 5.7% versus May 2022

Sales: 259
SP/LP: 99%
DOM: 15
SNLR: 35.0%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,293,839

−$26,314 −2.0% down $26,314, 2.0% versus May 2022

Sales: 38
SP/LP: 97%
DOM: 16
SNLR: 24.4%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,255,788

−$109,969 −8.1% down $109,969, 8.1% versus May 2022

Sales: 37
SP/LP: 100%
DOM: 18
SNLR: 41.6%

Full history →

Newmarket focus

Newmarket, York Region

$1,144,980

−$45,518 −3.8% down $45,518, 3.8% versus May 2022

Sales: 94
SP/LP: 99%
DOM: 16
SNLR: 48.5%

Full history →

Georgina focus

Georgina, York Region

$934,597

−$20,347 −2.1% down $20,347, 2.1% versus May 2022

Sales: 60
SP/LP: 98%
DOM: 16
SNLR: 35.1%

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	21	−8 −27.6% down 8, 27.6% versus May 2022	$43.7M	$2,082,595	+$21,992 +1.1% up $21,992, 1.1% versus May 2022	$1,618,000	86	129	92%	29	42	24.4%	6.1
Aurora focus Aurora, York Region	70	−8 −10.3% down 8, 10.3% versus May 2022	$102.4M	$1,462,738	+$18,963 +1.3% up $18,963, 1.3% versus May 2022	$1,250,500	172	185	99%	17	28	40.7%	2.6
Richmond Hill focus Richmond Hill, York Region	163	−25 −13.3% down 25, 13.3% versus May 2022	$220.6M	$1,353,611	−$136,991 −9.2% down $136,991, 9.2% versus May 2022	$1,333,000	472	578	99%	18	28	34.5%	3.5
Markham focus Markham, York Region	269	+8 +3.1% up 8, 3.1% versus May 2022	$360.0M	$1,338,179	−$30,027 −2.2% down $30,027, 2.2% versus May 2022	$1,268,000	585	588	101%	17	27	46.0%	2.2
Vaughan focus Vaughan, York Region	259	−4 −1.5% down 4, 1.5% versus May 2022	$336.2M	$1,297,971	−$78,697 −5.7% down $78,697, 5.7% versus May 2022	$1,238,888	741	790	99%	15	28	35.0%	3.0
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	38	−19 −33.3% down 19, 33.3% versus May 2022	$49.2M	$1,293,839	−$26,314 −2.0% down $26,314, 2.0% versus May 2022	$1,202,500	156	174	97%	16	24	24.4%	4.6
East Gwillimbury focus East Gwillimbury, York Region	37	−6 −14.0% down 6, 14.0% versus May 2022	$46.5M	$1,255,788	−$109,969 −8.1% down $109,969, 8.1% versus May 2022	$1,200,000	89	116	100%	18	28	41.6%	3.1
Newmarket focus Newmarket, York Region	94	−25 −21.0% down 25, 21.0% versus May 2022	$107.6M	$1,144,980	−$45,518 −3.8% down $45,518, 3.8% versus May 2022	$1,091,000	194	173	99%	16	21	48.5%	1.8
Georgina focus Georgina, York Region	60	−2 −3.2% down 2, 3.2% versus May 2022	$56.1M	$934,597	−$20,347 −2.1% down $20,347, 2.1% versus May 2022	$810,000	171	199	98%	16	28	35.1%	3.3