Source: TRREB MarketWatch, July 2022

9 areas

York Region

July 2022

Headline indicators

All home types

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

$1,274,911

MoM −$32,946 −2.5% YoY +0.2%

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

$1,168,500

MoM −$59,500 −4.8% YoY −0.6%

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

$1,374,000

MoM −$54,600 −3.8% YoY +16.0%

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

820

MoM −191 −18.9% YoY −53.6%

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

$1.05B

MoM −$276,816,276 −20.9% YoY −53.5%

New listings — Properties newly listed during the month.

2,022

MoM −644 −24.2% YoY −9.0%

Active listings — Listings available at month end.

2,774

MoM −158 −5.4% YoY +44.4%

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

MoM +3 days +17.6% YoY +25.0%

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

MoM +4 days +14.8% YoY +40.9%

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

98%

MoM −1.0 pp −1.0% YoY −5.8%

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

40.5%

MoM +2.6 pp +6.9% YoY −49.0%

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.

3.4

MoM +0 +16.6% YoY +211.2%

Trend

13 months to July 2022

Average price

York Region average selling price over the 13 months ending July 2022.
Month	Average price
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
Jul '22	1274911

Sales

York Region sales over the 13 months ending July 2022.
Month	Sales
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
Jul '22	820

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	820	−191 −18.9% down 191, 18.9% versus June 2022	$1,274,911	−$32,946 −2.5% down $32,946, 2.5% versus June 2022	$1,168,500	40.5%	3.4
Detached	443	−108 −19.6% down 108, 19.6% versus June 2022	$1,580,575	−$28,146 −1.7% down $28,146, 1.7% versus June 2022	$1,460,000	41.2%	3.6
Semi-detached	65	−5 −7.1% down 5, 7.1% versus June 2022	$1,052,797	−$86,764 −7.6% down $86,764, 7.6% versus June 2022	$1,080,000	62.5%	1.9
Att/row/townhouse	116	−37 −24.2% down 37, 24.2% versus June 2022	$1,103,535	−$8,392 −0.8% down $8,392, 0.8% versus June 2022	$1,100,000	47.0%	2.4
Condo townhouse	41	−5 −10.9% down 5, 10.9% versus June 2022	$905,257	+$164 +0.0% up $164, 0.0% versus June 2022	$856,000	36.6%	3.6
Condo apartment	145	−36 −19.9% down 36, 19.9% versus June 2022	$687,843	−$39,382 −5.4% down $39,382, 5.4% versus June 2022	$670,000	30.8%	4.3
Link	10	no change no change versus June 2022	$1,193,750	−$74,450 −5.9% down $74,450, 5.9% versus June 2022	$1,169,000	76.9%	1.3

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	373.9	$1,374,000	+16.0% up 16.0%
Single-family detached	376.8	$1,659,500	+13.3% up 13.3%
Single-family attached	396.8	$1,196,600	+18.6% up 18.6%
Townhouse	378.3	$967,000	+22.6% up 22.6%
Apartment	349.2	$735,500	+24.1% up 24.1%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Richmond Hill +6.6% up 6.6%
Vaughan −0.9% down 0.9%
Newmarket −1.6% down 1.6%
Whitchurch-Stouffville −2.9% down 2.9%
Aurora −6.2% down 6.2%

Bottom 5

King −20.1% down 20.1%
Markham −7.8% down 7.8%
Georgina −7.6% down 7.6%
East Gwillimbury −7.6% down 7.6%
Aurora −6.2% down 6.2%

Sales, month-over-month

Top 5

Whitchurch-Stouffville +10.5% up 10.5%
King −4.8% down 4.8%
Richmond Hill −10.4% down 10.4%
Aurora −11.4% down 11.4%
Markham −19.7% down 19.7%

Bottom 5

East Gwillimbury −29.7% down 29.7%
Georgina −28.3% down 28.3%
Newmarket −27.7% down 27.7%
Vaughan −23.9% down 23.9%
Markham −19.7% down 19.7%

York Region

King focus

King, York Region

$1,664,046

−$418,549 −20.1% down $418,549, 20.1% versus June 2022

Sales: 20
SP/LP: 96%
DOM: 22
SNLR: 28.6%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,443,055

+$89,444 +6.6% up $89,444, 6.6% versus June 2022

Sales: 146
SP/LP: 99%
DOM: 22
SNLR: 42.6%

Full history →

Aurora focus

Aurora, York Region

$1,371,558

−$91,180 −6.2% down $91,180, 6.2% versus June 2022

Sales: 62
SP/LP: 96%
DOM: 21
SNLR: 47.7%

Full history →

Vaughan focus

Vaughan, York Region

$1,285,860

−$12,111 −0.9% down $12,111, 0.9% versus June 2022

Sales: 197
SP/LP: 97%
DOM: 20
SNLR: 32.9%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,256,339

−$37,500 −2.9% down $37,500, 2.9% versus June 2022

Sales: 42
SP/LP: 96%
DOM: 19
SNLR: 34.4%

Full history →

Markham focus

Markham, York Region

$1,233,512

−$104,667 −7.8% down $104,667, 7.8% versus June 2022

Sales: 216
SP/LP: 101%
DOM: 19
SNLR: 52.7%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,160,573

−$95,215 −7.6% down $95,215, 7.6% versus June 2022

Sales: 26
SP/LP: 99%
DOM: 23
SNLR: 32.1%

Full history →

Newmarket focus

Newmarket, York Region

$1,126,666

−$18,314 −1.6% down $18,314, 1.6% versus June 2022

Sales: 68
SP/LP: 98%
DOM: 17
SNLR: 46.6%

Full history →

Georgina focus

Georgina, York Region

$863,163

−$71,434 −7.6% down $71,434, 7.6% versus June 2022

Sales: 43
SP/LP: 97%
DOM: 21
SNLR: 35.5%

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	20	−1 −4.8% down 1, 4.8% versus June 2022	$33.3M	$1,664,046	−$418,549 −20.1% down $418,549, 20.1% versus June 2022	$1,717,500	70	121	96%	22	40	28.6%	6.0
Richmond Hill focus Richmond Hill, York Region	146	−17 −10.4% down 17, 10.4% versus June 2022	$210.7M	$1,443,055	+$89,444 +6.6% up $89,444, 6.6% versus June 2022	$1,312,500	343	525	99%	22	33	42.6%	3.6
Aurora focus Aurora, York Region	62	−8 −11.4% down 8, 11.4% versus June 2022	$85.0M	$1,371,558	−$91,180 −6.2% down $91,180, 6.2% versus June 2022	$1,184,000	130	177	96%	21	33	47.7%	2.9
Vaughan focus Vaughan, York Region	197	−62 −23.9% down 62, 23.9% versus June 2022	$253.3M	$1,285,860	−$12,111 −0.9% down $12,111, 0.9% versus June 2022	$1,175,000	599	812	97%	20	31	32.9%	4.1
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	42	+4 +10.5% up 4, 10.5% versus June 2022	$52.8M	$1,256,339	−$37,500 −2.9% down $37,500, 2.9% versus June 2022	$1,091,750	122	168	96%	19	32	34.4%	4.0
Markham focus Markham, York Region	216	−53 −19.7% down 53, 19.7% versus June 2022	$266.4M	$1,233,512	−$104,667 −7.8% down $104,667, 7.8% versus June 2022	$1,154,000	410	513	101%	19	29	52.7%	2.4
East Gwillimbury focus East Gwillimbury, York Region	26	−11 −29.7% down 11, 29.7% versus June 2022	$30.2M	$1,160,573	−$95,215 −7.6% down $95,215, 7.6% versus June 2022	$1,194,950	81	118	99%	23	37	32.1%	4.5
Newmarket focus Newmarket, York Region	68	−26 −27.7% down 26, 27.7% versus June 2022	$76.6M	$1,126,666	−$18,314 −1.6% down $18,314, 1.6% versus June 2022	$1,081,000	146	162	98%	17	28	46.6%	2.4
Georgina focus Georgina, York Region	43	−17 −28.3% down 17, 28.3% versus June 2022	$37.1M	$863,163	−$71,434 −7.6% down $71,434, 7.6% versus June 2022	$835,000	121	178	97%	21	30	35.5%	4.1