Source: TRREB MarketWatch, March 2024

9 areas

York Region

March 2024

Headline indicators

All home types

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

$1,334,655

MoM +$10,232 +0.8% YoY −0.7%

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

$1,272,400

MoM −$1,400 −0.1% YoY +1.0%

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

$1,370,100

MoM +$25,500 +1.9% YoY +2.4%

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

1,250

MoM +207 +19.8% YoY +0.2%

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

$1.67B

MoM +$286,946,658 +20.8% YoY −0.6%

New listings — Properties newly listed during the month.

2,460

MoM +328 +15.4% YoY +21.4%

Active listings — Listings available at month end.

2,252

MoM +262 +13.2% YoY +25.8%

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

MoM −5 days −20.0% YoY +11.1%

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

MoM −8 days −22.2% YoY +12.0%

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

103%

MoM +1.0 pp +1.0% YoY no change

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

50.8%

MoM +1.9 pp +3.9% YoY −17.5%

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.

1.8

MoM −0 −5.6% YoY +25.6%

Trend

13 months to March 2024

Average price

York Region average selling price over the 13 months ending March 2024.
Month	Average price
Mar '23	1344511
Apr '23	1369724
May '23	1377590
Jun '23	1391215
Jul '23	1356977
Aug '23	1339742
Sep '23	1330636
Oct '23	1293179
Nov '23	1286617
Dec '23	1281020
Jan '24	1210705
Feb '24	1324423
Mar '24	1334655

Sales

York Region sales over the 13 months ending March 2024.
Month	Sales
Mar '23	1248
Apr '23	1370
May '23	1702
Jun '23	1302
Jul '23	919
Aug '23	921
Sep '23	795
Oct '23	848
Nov '23	794
Dec '23	612
Jan '24	775
Feb '24	1043
Mar '24	1250

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,250	+207 +19.8% up 207, 19.8% versus February 2024	$1,334,655	+$10,232 +0.8% up $10,232, 0.8% versus February 2024	$1,272,400	50.8%	1.8
Detached	655	+109 +20.0% up 109, 20.0% versus February 2024	$1,675,905	+$23,687 +1.4% up $23,687, 1.4% versus February 2024	$1,581,888	49.6%	1.7
Semi-detached	78	+21 +36.8% up 21, 36.8% versus February 2024	$1,220,167	+$53,653 +4.6% up $53,653, 4.6% versus February 2024	$1,166,500	59.1%	0.9
Att/row/townhouse	186	+18 +10.7% up 18, 10.7% versus February 2024	$1,185,253	−$31,450 −2.6% down $31,450, 2.6% versus February 2024	$1,186,500	60.2%	1.1
Condo townhouse	72	+8 +12.5% up 8, 12.5% versus February 2024	$899,825	−$28,193 −3.0% down $28,193, 3.0% versus February 2024	$865,500	47.1%	2.5
Condo apartment	239	+38 +18.9% up 38, 18.9% versus February 2024	$684,035	−$6,788 −1.0% down $6,788, 1.0% versus February 2024	$648,000	46.2%	2.7
Link	19	+12 +171.4% up 12, 171.4% versus February 2024	$1,289,468	−$155,618 −10.8% down $155,618, 10.8% versus February 2024	$1,288,000	70.4%	0.4
Detached condo	1	n/a not available, prior month not on file versus February 2024	$2,199,888	n/a not available, prior month not on file versus February 2024	$2,199,888	100.0%	0.0

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	371.2	$1,370,100	+2.4% up 2.4%
Single-family detached	396.8	$1,685,400	+3.4% up 3.4%
Single-family attached	403.5	$1,214,400	+3.3% up 3.3%
Townhouse	369.1	$934,100	+1.2% up 1.2%
Apartment	325.8	$676,600	+0.1% up 0.1%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

King +11.9% up 11.9%
Whitchurch-Stouffville +10.9% up 10.9%
Markham +2.3% up 2.3%
Richmond Hill −0.0% down 0.0%
Aurora −0.5% down 0.5%

Bottom 5

Newmarket −5.0% down 5.0%
East Gwillimbury −3.1% down 3.1%
Georgina −3.1% down 3.1%
Vaughan −1.2% down 1.2%
Aurora −0.5% down 0.5%

Sales, month-over-month

Top 5

East Gwillimbury +60.0% up 60.0%
King +45.5% up 45.5%
Newmarket +32.9% up 32.9%
Whitchurch-Stouffville +29.1% up 29.1%
Markham +29.0% up 29.0%

Bottom 5

Georgina +7.8% up 7.8%
Vaughan +8.9% up 8.9%
Richmond Hill +9.3% up 9.3%
Aurora +21.4% up 21.4%
Markham +29.0% up 29.0%

York Region

King focus

King, York Region

$2,042,359

+$216,477 +11.9% up $216,477, 11.9% versus February 2024

Sales: 32
SP/LP: 95%
DOM: 29
SNLR: 43.2%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,466,850

+$144,667 +10.9% up $144,667, 10.9% versus February 2024

Sales: 71
SP/LP: 100%
DOM: 19
SNLR: 56.4%

Full history →

Aurora focus

Aurora, York Region

$1,447,477

−$6,553 −0.5% down $6,553, 0.5% versus February 2024

Sales: 85
SP/LP: 104%
DOM: 20
SNLR: 65.4%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,415,590

−$518 −0.0% down $518, 0.0% versus February 2024

Sales: 199
SP/LP: 106%
DOM: 20
SNLR: 43.6%

Full history →

Markham focus

Markham, York Region

$1,347,033

+$30,249 +2.3% up $30,249, 2.3% versus February 2024

Sales: 307
SP/LP: 108%
DOM: 16
SNLR: 57.3%

Full history →

Vaughan focus

Vaughan, York Region

$1,303,584

−$15,400 −1.2% down $15,400, 1.2% versus February 2024

Sales: 318
SP/LP: 101%
DOM: 20
SNLR: 46.1%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,278,183

−$40,831 −3.1% down $40,831, 3.1% versus February 2024

Sales: 56
SP/LP: 100%
DOM: 24
SNLR: 52.8%

Full history →

Newmarket focus

Newmarket, York Region

$1,168,851

−$61,759 −5.0% down $61,759, 5.0% versus February 2024

Sales: 113
SP/LP: 103%
DOM: 19
SNLR: 64.6%

Full history →

Georgina focus

Georgina, York Region

$903,507

−$28,746 −3.1% down $28,746, 3.1% versus February 2024

Sales: 69
SP/LP: 100%
DOM: 21
SNLR: 41.3%

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	32	+10 +45.5% up 10, 45.5% versus February 2024	$65.4M	$2,042,359	+$216,477 +11.9% up $216,477, 11.9% versus February 2024	$2,068,500	74	103	95%	29	43	43.2%	3.2
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region	71	+16 +29.1% up 16, 29.1% versus February 2024	$104.1M	$1,466,850	+$144,667 +10.9% up $144,667, 10.9% versus February 2024	$1,350,000	126	107	100%	19	25	56.4%	1.5
Aurora focus Aurora, York Region	85	+15 +21.4% up 15, 21.4% versus February 2024	$123.0M	$1,447,477	−$6,553 −0.5% down $6,553, 0.5% versus February 2024	$1,356,000	130	102	104%	20	27	65.4%	1.2
Richmond Hill focus Richmond Hill, York Region	199	+17 +9.3% up 17, 9.3% versus February 2024	$281.7M	$1,415,590	−$518 −0.0% down $518, 0.0% versus February 2024	$1,390,000	456	468	106%	20	28	43.6%	2.4
Markham focus Markham, York Region	307	+69 +29.0% up 69, 29.0% versus February 2024	$413.5M	$1,347,033	+$30,249 +2.3% up $30,249, 2.3% versus February 2024	$1,288,000	536	433	108%	16	23	57.3%	1.4
Vaughan focus Vaughan, York Region	318	+26 +8.9% up 26, 8.9% versus February 2024	$414.5M	$1,303,584	−$15,400 −1.2% down $15,400, 1.2% versus February 2024	$1,250,000	690	667	101%	20	31	46.1%	2.1
East Gwillimbury focus East Gwillimbury, York Region	56	+21 +60.0% up 21, 60.0% versus February 2024	$71.6M	$1,278,183	−$40,831 −3.1% down $40,831, 3.1% versus February 2024	$1,295,000	106	80	100%	24	31	52.8%	1.4
Newmarket focus Newmarket, York Region	113	+28 +32.9% up 28, 32.9% versus February 2024	$132.1M	$1,168,851	−$61,759 −5.0% down $61,759, 5.0% versus February 2024	$1,165,000	175	136	103%	19	25	64.6%	1.2
Georgina focus Georgina, York Region	69	+5 +7.8% up 5, 7.8% versus February 2024	$62.3M	$903,507	−$28,746 −3.1% down $28,746, 3.1% versus February 2024	$825,000	167	156	100%	21	30	41.3%	2.3