Source: TRREB MarketWatch, October 2023

9 areas

York Region

October 2023

Headline indicators

All home types

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

$1,293,179

MoM −$37,457 −2.8% YoY +2.7%

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

$1,209,000

MoM −$21,000 −1.7% YoY +2.6%

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

$1,360,700

MoM −$18,700 −1.4% YoY +4.4%

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

848

MoM +53 +6.7% YoY −0.7%

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

$1.10B

MoM +$38,760,164 +3.7% YoY +2.0%

New listings — Properties newly listed during the month.

2,577

MoM −249 −8.8% YoY +48.4%

Active listings — Listings available at month end.

3,479

MoM +106 +3.1% YoY +56.4%

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

MoM no change YoY no change

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

MoM +2 days +6.5% YoY +3.1%

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 no change

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

32.9%

MoM +4.8 pp +17.0% YoY −33.1%

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.

4.1

MoM −0 −3.3% YoY +57.5%

Trend

13 months to October 2023

Average price

York Region average selling price over the 13 months ending October 2023.
Month	Average price
Oct '22	1258610
Nov '22	1309646
Dec '22	1267563
Jan '23	1285583
Feb '23	1302720
Mar '23	1344511
Apr '23	1369724
May '23	1377590
Jun '23	1391215
Jul '23	1356977
Aug '23	1339742
Sep '23	1330636
Oct '23	1293179

Sales

York Region sales over the 13 months ending October 2023.
Month	Sales
Oct '22	854
Nov '22	832
Dec '22	575
Jan '23	544
Feb '23	910
Mar '23	1248
Apr '23	1370
May '23	1702
Jun '23	1302
Jul '23	919
Aug '23	921
Sep '23	795
Oct '23	848

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	848	+53 +6.7% up 53, 6.7% versus September 2023	$1,293,179	−$37,457 −2.8% down $37,457, 2.8% versus September 2023	$1,209,000	32.9%	4.1
Detached	455	+37 +8.9% up 37, 8.9% versus September 2023	$1,614,301	−$50,402 −3.0% down $50,402, 3.0% versus September 2023	$1,510,000	32.0%	4.3
Semi-detached	49	+2 +4.3% up 2, 4.3% versus September 2023	$1,154,596	+$2,696 +0.2% up $2,696, 0.2% versus September 2023	$1,150,000	34.3%	2.9
Att/row/townhouse	112	−3 −2.6% down 3, 2.6% versus September 2023	$1,184,708	−$19,659 −1.6% down $19,659, 1.6% versus September 2023	$1,151,000	35.7%	3.4
Condo townhouse	40	−2 −4.8% down 2, 4.8% versus September 2023	$829,612	−$105,343 −11.3% down $105,343, 11.3% versus September 2023	$810,000	26.7%	5.3
Condo apartment	179	+16 +9.8% up 16, 9.8% versus September 2023	$690,776	−$26,327 −3.7% down $26,327, 3.7% versus September 2023	$640,000	33.6%	4.3
Link	12	+2 +20.0% up 2, 20.0% versus September 2023	$1,275,631	−$45,569 −3.4% down $45,569, 3.4% versus September 2023	$1,298,444	70.6%	1.6
Co-op apartment	1	n/a not available, prior month not on file versus September 2023	$705,000	n/a not available, prior month not on file versus September 2023	$705,000	—	0.0

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	368.7	$1,360,700	+4.4% up 4.4%
Single-family detached	390.3	$1,657,700	+4.5% up 4.5%
Single-family attached	398.6	$1,199,900	+5.5% up 5.5%
Townhouse	377.1	$954,400	+10.0% up 10.0%
Apartment	336.4	$698,600	+1.2% up 1.2%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Aurora +8.6% up 8.6%
Newmarket +7.0% up 7.0%
Markham +0.5% up 0.5%
Georgina −2.9% down 2.9%
Vaughan −3.3% down 3.3%

Bottom 5

Whitchurch-Stouffville −8.9% down 8.9%
King −8.0% down 8.0%
East Gwillimbury −6.0% down 6.0%
Richmond Hill −5.0% down 5.0%
Vaughan −3.3% down 3.3%

Sales, month-over-month

Top 5

Vaughan +23.6% up 23.6%
Markham +21.9% up 21.9%
Whitchurch-Stouffville +4.3% up 4.3%
East Gwillimbury no change no change
Richmond Hill −4.9% down 4.9%

Bottom 5

King −36.4% down 36.4%
Aurora −16.3% down 16.3%
Newmarket −8.2% down 8.2%
Georgina −5.3% down 5.3%
Richmond Hill −4.9% down 4.9%

York Region

King focus

King, York Region

$1,887,393

−$165,077 −8.0% down $165,077, 8.0% versus September 2023

Sales: 21
SP/LP: 92%
DOM: 24
SNLR: 26.3%

Full history →

Aurora focus

Aurora, York Region

$1,387,256

+$109,944 +8.6% up $109,944, 8.6% versus September 2023

Sales: 41
SP/LP: 98%
DOM: 18
SNLR: 25.9%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,354,613

−$70,709 −5.0% down $70,709, 5.0% versus September 2023

Sales: 155
SP/LP: 100%
DOM: 22
SNLR: 31.0%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,347,398

−$132,093 −8.9% down $132,093, 8.9% versus September 2023

Sales: 49
SP/LP: 96%
DOM: 23
SNLR: 43.0%

Full history →

Markham focus

Markham, York Region

$1,333,176

+$6,921 +0.5% up $6,921, 0.5% versus September 2023

Sales: 239
SP/LP: 102%
DOM: 17
SNLR: 41.6%

Full history →

Vaughan focus

Vaughan, York Region

$1,239,367

−$42,257 −3.3% down $42,257, 3.3% versus September 2023

Sales: 225
SP/LP: 99%
DOM: 22
SNLR: 32.5%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,198,988

−$76,095 −6.0% down $76,095, 6.0% versus September 2023

Sales: 26
SP/LP: 99%
DOM: 23
SNLR: 21.0%

Full history →

Newmarket focus

Newmarket, York Region

$1,155,339

+$75,344 +7.0% up $75,344, 7.0% versus September 2023

Sales: 56
SP/LP: 98%
DOM: 24
SNLR: 30.8%

Full history →

Georgina focus

Georgina, York Region

$854,333

−$25,630 −2.9% down $25,630, 2.9% versus September 2023

Sales: 36
SP/LP: 96%
DOM: 26
SNLR: 23.7%

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	21	−12 −36.4% down 12, 36.4% versus September 2023	$39.6M	$1,887,393	−$165,077 −8.0% down $165,077, 8.0% versus September 2023	$2,057,250	80	154	92%	24	39	26.3%	7.3
Aurora focus Aurora, York Region	41	−8 −16.3% down 8, 16.3% versus September 2023	$56.9M	$1,387,256	+$109,944 +8.6% up $109,944, 8.6% versus September 2023	$1,160,000	158	205	98%	18	27	25.9%	5.0
Richmond Hill focus Richmond Hill, York Region	155	−8 −4.9% down 8, 4.9% versus September 2023	$210.0M	$1,354,613	−$70,709 −5.0% down $70,709, 5.0% versus September 2023	$1,257,000	500	644	100%	22	33	31.0%	4.2
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	49	+2 +4.3% up 2, 4.3% versus September 2023	$66.0M	$1,347,398	−$132,093 −8.9% down $132,093, 8.9% versus September 2023	$1,225,000	114	178	96%	23	31	43.0%	3.6
Markham focus Markham, York Region	239	+43 +21.9% up 43, 21.9% versus September 2023	$318.6M	$1,333,176	+$6,921 +0.5% up $6,921, 0.5% versus September 2023	$1,299,000	574	681	102%	17	27	41.6%	2.9
Vaughan focus Vaughan, York Region	225	+43 +23.6% up 43, 23.6% versus September 2023	$278.9M	$1,239,367	−$42,257 −3.3% down $42,257, 3.3% versus September 2023	$1,155,000	693	961	99%	22	41	32.5%	4.3
East Gwillimbury focus East Gwillimbury, York Region	26	no change no change versus September 2023	$31.2M	$1,198,988	−$76,095 −6.0% down $76,095, 6.0% versus September 2023	$1,121,400	124	173	99%	23	36	21.0%	6.7
Newmarket focus Newmarket, York Region	56	−5 −8.2% down 5, 8.2% versus September 2023	$64.7M	$1,155,339	+$75,344 +7.0% up $75,344, 7.0% versus September 2023	$1,077,500	182	240	98%	24	32	30.8%	4.3
Georgina focus Georgina, York Region	36	−2 −5.3% down 2, 5.3% versus September 2023	$30.8M	$854,333	−$25,630 −2.9% down $25,630, 2.9% versus September 2023	$767,500	152	243	96%	26	34	23.7%	6.8