Source: TRREB MarketWatch, October 2022

9 areas

York Region

October 2022

Headline indicators

All home types

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

$1,258,610

MoM +$12,120 +1.0% YoY −8.6%

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

$1,178,500

MoM +$13,500 +1.2% YoY −7.9%

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

$1,315,500

MoM no change YoY +2.4%

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

854

MoM −73 −7.9% YoY −53.4%

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

$1.07B

MoM −$80,643,321 −7.0% YoY −57.4%

New listings — Properties newly listed during the month.

1,737

MoM −111 −6.0% YoY −16.1%

Active listings — Listings available at month end.

2,224

MoM −85 −3.7% YoY +63.4%

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

MoM −2 days −8.7% YoY +61.5%

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

MoM −3 days −8.6% YoY +68.4%

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

99%

MoM +1.0 pp +1.0% YoY −7.5%

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

49.2%

MoM −1.0 pp −2.0% YoY −44.5%

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.

2.6

MoM +0 +4.6% YoY +250.9%

Trend

13 months to October 2022

Average price

York Region average selling price over the 13 months ending October 2022.
Month	Average price
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
Aug '22	1265628
Sep '22	1246490
Oct '22	1258610

Sales

York Region sales over the 13 months ending October 2022.
Month	Sales
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
Aug '22	1063
Sep '22	927
Oct '22	854

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	854	−73 −7.9% down 73, 7.9% versus September 2022	$1,258,610	+$12,120 +1.0% up $12,120, 1.0% versus September 2022	$1,178,500	49.2%	2.6
Detached	446	−66 −12.9% down 66, 12.9% versus September 2022	$1,556,101	+$28,306 +1.9% up $28,306, 1.9% versus September 2022	$1,450,000	46.3%	3.0
Semi-detached	60	−4 −6.3% down 4, 6.3% versus September 2022	$1,103,292	+$63,692 +6.1% up $63,692, 6.1% versus September 2022	$1,100,000	65.9%	1.3
Att/row/townhouse	126	+4 +3.3% up 4, 3.3% versus September 2022	$1,146,718	+$57,547 +5.3% up $57,547, 5.3% versus September 2022	$1,130,000	63.3%	1.4
Condo townhouse	56	+2 +3.7% up 2, 3.7% versus September 2022	$908,339	+$18,485 +2.1% up $18,485, 2.1% versus September 2022	$810,000	48.7%	2.4
Condo apartment	157	−10 −6.0% down 10, 6.0% versus September 2022	$691,091	−$4,364 −0.6% down $4,364, 0.6% versus September 2022	$650,000	44.6%	3.2
Link	8	no change no change versus September 2022	$1,203,725	−$3,650 −0.3% down $3,650, 0.3% versus September 2022	$1,142,000	53.3%	1.4
Detached condo	1	n/a not available, prior month not on file versus September 2022	$1,150,000	n/a not available, prior month not on file versus September 2022	$1,150,000	100.0%	1.0

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	358	$1,315,500	+2.4% up 2.4%
Single-family detached	362.5	$1,596,600	+0.6% up 0.6%
Single-family attached	378.6	$1,141,900	+2.9% up 2.9%
Townhouse	341.7	$873,400	+2.9% up 2.9%
Apartment	328.2	$691,200	+10.9% up 10.9%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Aurora +10.8% up 10.8%
Georgina +8.7% up 8.7%
Markham +5.9% up 5.9%
Vaughan +1.6% up 1.6%
Newmarket −1.0% down 1.0%

Bottom 5

King −19.4% down 19.4%
Richmond Hill −7.6% down 7.6%
East Gwillimbury −5.2% down 5.2%
Whitchurch-Stouffville −1.9% down 1.9%
Newmarket −1.0% down 1.0%

Sales, month-over-month

Top 5

King +26.3% up 26.3%
Markham +12.9% up 12.9%
Newmarket +8.0% up 8.0%
Richmond Hill −9.8% down 9.8%
Aurora −10.3% down 10.3%

Bottom 5

East Gwillimbury −37.5% down 37.5%
Whitchurch-Stouffville −33.3% down 33.3%
Georgina −23.7% down 23.7%
Vaughan −16.5% down 16.5%
Aurora −10.3% down 10.3%

York Region

King focus

King, York Region

$1,759,188

−$423,512 −19.4% down $423,512, 19.4% versus September 2022

Sales: 24
SP/LP: 94%
DOM: 32
SNLR: 39.3%

Full history →

Aurora focus

Aurora, York Region

$1,363,412

+$133,131 +10.8% up $133,131, 10.8% versus September 2022

Sales: 61
SP/LP: 98%
DOM: 22
SNLR: 66.3%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,317,247

−$108,605 −7.6% down $108,605, 7.6% versus September 2022

Sales: 138
SP/LP: 99%
DOM: 21
SNLR: 44.7%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,292,152

−$70,758 −5.2% down $70,758, 5.2% versus September 2022

Sales: 25
SP/LP: 95%
DOM: 25
SNLR: 35.7%

Full history →

Markham focus

Markham, York Region

$1,282,561

+$71,331 +5.9% up $71,331, 5.9% versus September 2022

Sales: 245
SP/LP: 103%
DOM: 18
SNLR: 60.6%

Full history →

Vaughan focus

Vaughan, York Region

$1,251,465

+$19,737 +1.6% up $19,737, 1.6% versus September 2022

Sales: 187
SP/LP: 97%
DOM: 23
SNLR: 41.5%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,156,744

−$22,121 −1.9% down $22,121, 1.9% versus September 2022

Sales: 48
SP/LP: 98%
DOM: 23
SNLR: 50.5%

Full history →

Newmarket focus

Newmarket, York Region

$1,124,974

−$11,731 −1.0% down $11,731, 1.0% versus September 2022

Sales: 81
SP/LP: 99%
DOM: 19
SNLR: 56.6%

Full history →

Georgina focus

Georgina, York Region

$899,609

+$72,166 +8.7% up $72,166, 8.7% versus September 2022

Sales: 45
SP/LP: 96%
DOM: 24
SNLR: 40.2%

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	24	+5 +26.3% up 5, 26.3% versus September 2022	$42.2M	$1,759,188	−$423,512 −19.4% down $423,512, 19.4% versus September 2022	$1,417,500	61	126	94%	32	67	39.3%	5.3
Aurora focus Aurora, York Region	61	−7 −10.3% down 7, 10.3% versus September 2022	$83.2M	$1,363,412	+$133,131 +10.8% up $133,131, 10.8% versus September 2022	$1,302,000	92	114	98%	22	42	66.3%	1.9
Richmond Hill focus Richmond Hill, York Region	138	−15 −9.8% down 15, 9.8% versus September 2022	$181.8M	$1,317,247	−$108,605 −7.6% down $108,605, 7.6% versus September 2022	$1,237,000	309	404	99%	21	33	44.7%	2.9
East Gwillimbury focus East Gwillimbury, York Region	25	−15 −37.5% down 15, 37.5% versus September 2022	$32.3M	$1,292,152	−$70,758 −5.2% down $70,758, 5.2% versus September 2022	$1,335,000	70	108	95%	25	42	35.7%	4.3
Markham focus Markham, York Region	245	+28 +12.9% up 28, 12.9% versus September 2022	$314.2M	$1,282,561	+$71,331 +5.9% up $71,331, 5.9% versus September 2022	$1,235,000	404	404	103%	18	26	60.6%	1.6
Vaughan focus Vaughan, York Region	187	−37 −16.5% down 37, 16.5% versus September 2022	$234.0M	$1,251,465	+$19,737 +1.6% up $19,737, 1.6% versus September 2022	$1,175,000	451	640	97%	23	33	41.5%	3.4
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	48	−24 −33.3% down 24, 33.3% versus September 2022	$55.5M	$1,156,744	−$22,121 −1.9% down $22,121, 1.9% versus September 2022	$1,070,000	95	143	98%	23	32	50.5%	3.0
Newmarket focus Newmarket, York Region	81	+6 +8.0% up 6, 8.0% versus September 2022	$91.1M	$1,124,974	−$11,731 −1.0% down $11,731, 1.0% versus September 2022	$1,080,000	143	140	99%	19	27	56.6%	1.7
Georgina focus Georgina, York Region	45	−14 −23.7% down 14, 23.7% versus September 2022	$40.5M	$899,609	+$72,166 +8.7% up $72,166, 8.7% versus September 2022	$815,000	112	145	96%	24	34	40.2%	3.2