Source: TRREB MarketWatch, April 2024

9 areas

York Region

April 2024

Headline indicators

All home types

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

$1,326,533

MoM −$8,122 −0.6% down $8,122, 0.6% versus March 2024 YoY −3.2% down 3.2% versus April 2023

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

$1,260,000

MoM −$12,400 −1.0% down $12,400, 1.0% versus March 2024 YoY −3.1% down 3.1% versus April 2023

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

$1,375,500

MoM +$5,400 +0.4% up $5,400, 0.4% versus March 2024 YoY no change no change versus April 2023

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

1,270

MoM +20 +1.6% up 20, 1.6% versus March 2024 YoY −7.3% down 7.3% versus April 2023

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

$1.68B

MoM +$16,377,112 +1.0% up $16,377,112, 1.0% versus March 2024 YoY −10.2% down 10.2% versus April 2023

New listings — Properties newly listed during the month.

3,036

MoM +576 +23.4% up 576, 23.4% versus March 2024 YoY +46.8% up 46.8% versus April 2023

Active listings — Listings available at month end.

3,313

MoM +1,061 +47.1% up 1,061, 47.1% versus March 2024 YoY +82.8% up 82.8% versus April 2023

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

20

MoM no change no change versus March 2024 YoY +25.0% up 25.0% versus April 2023

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

28

MoM no change no change versus March 2024 YoY +21.7% up 21.7% versus April 2023

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

102%

MoM −1.0 pp −1.0% down 1.0 pp, 1.0% versus March 2024 YoY −2.9% down 2.9% versus April 2023

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

41.8%

MoM −9.0 pp −17.7% down 9.0 pp, 17.7% versus March 2024 YoY −36.9% down 36.9% versus April 2023

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 +1 +44.8% up 1, 44.8% versus March 2024 YoY +97.2% up 97.2% versus April 2023

Trend

13 months to April 2024

Average price

York Region average selling price over the 13 months ending April 2024.
Month Average price
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
Apr '24 1326533

Sales

York Region sales over the 13 months ending April 2024.
Month Sales
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
Apr '24 1270

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 1,270 +20 +1.6% up 20, 1.6% versus March 2024 $1,326,533 −$8,122 −0.6% down $8,122, 0.6% versus March 2024 $1,260,000 41.8% 2.6
Detached 627 −28 −4.3% down 28, 4.3% versus March 2024 $1,711,191 +$35,286 +2.1% up $35,286, 2.1% versus March 2024 $1,583,800 37.9% 2.9
Semi-detached 88 +10 +12.8% up 10, 12.8% versus March 2024 $1,132,733 −$87,434 −7.2% down $87,434, 7.2% versus March 2024 $1,149,500 55.7% 1.4
Att/row/townhouse 180 −6 −3.2% down 6, 3.2% versus March 2024 $1,202,642 +$17,389 +1.5% up $17,389, 1.5% versus March 2024 $1,177,900 44.0% 2.0
Condo townhouse 82 +10 +13.9% up 10, 13.9% versus March 2024 $908,279 +$8,454 +0.9% up $8,454, 0.9% versus March 2024 $864,000 47.4% 2.5
Condo apartment 275 +36 +15.1% up 36, 15.1% versus March 2024 $718,133 +$34,098 +5.0% up $34,098, 5.0% versus March 2024 $683,000 45.1% 2.8
Link 18 −1 −5.3% down 1, 5.3% versus March 2024 $1,314,346 +$24,878 +1.9% up $24,878, 1.9% versus March 2024 $1,320,444 56.3% 1.2

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 372.7 $1,375,500 no change no change
Single-family detached 398.8 $1,693,600 +1.1% up 1.1%
Single-family attached 404.8 $1,218,300 +0.8% up 0.8%
Townhouse 371.8 $941,000 no change no change
Apartment 329.4 $684,100 −0.9% down 0.9%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Richmond Hill +4.8% up 4.8%
  2. East Gwillimbury +1.3% up 1.3%
  3. Markham +0.8% up 0.8%
  4. Newmarket +0.7% up 0.7%
  5. Georgina −1.5% down 1.5%

Bottom 5

  1. Aurora −8.0% down 8.0%
  2. King −5.8% down 5.8%
  3. Whitchurch-Stouffville −4.9% down 4.9%
  4. Vaughan −1.8% down 1.8%
  5. Georgina −1.5% down 1.5%

Sales, month-over-month

Top 5

  1. East Gwillimbury +16.1% up 16.1%
  2. Vaughan +13.8% up 13.8%
  3. Richmond Hill +11.1% up 11.1%
  4. Markham −2.0% down 2.0%
  5. Whitchurch-Stouffville −5.6% down 5.6%

Bottom 5

  1. King −43.8% down 43.8%
  2. Georgina −15.9% down 15.9%
  3. Aurora −14.1% down 14.1%
  4. Newmarket −7.1% down 7.1%
  5. Whitchurch-Stouffville −5.6% down 5.6%

York Region

King focus

King, York Region

$1,924,056

−$118,303 −5.8% down $118,303, 5.8% versus March 2024

Sales
18
SP/LP
97%
DOM
31
SNLR
22.2%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,482,966

+$67,376 +4.8% up $67,376, 4.8% versus March 2024

Sales
221
SP/LP
103%
DOM
21
SNLR
37.4%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,395,195

−$71,655 −4.9% down $71,655, 4.9% versus March 2024

Sales
67
SP/LP
102%
DOM
27
SNLR
42.1%

Full history →

Markham focus

Markham, York Region

$1,358,167

+$11,134 +0.8% up $11,134, 0.8% versus March 2024

Sales
301
SP/LP
106%
DOM
16
SNLR
47.9%

Full history →

Aurora focus

Aurora, York Region

$1,331,773

−$115,704 −8.0% down $115,704, 8.0% versus March 2024

Sales
73
SP/LP
104%
DOM
15
SNLR
37.6%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,295,280

+$17,097 +1.3% up $17,097, 1.3% versus March 2024

Sales
65
SP/LP
101%
DOM
20
SNLR
48.1%

Full history →

Vaughan focus

Vaughan, York Region

$1,280,038

−$23,546 −1.8% down $23,546, 1.8% versus March 2024

Sales
362
SP/LP
100%
DOM
20
SNLR
43.9%

Full history →

Newmarket focus

Newmarket, York Region

$1,177,375

+$8,524 +0.7% up $8,524, 0.7% versus March 2024

Sales
105
SP/LP
102%
DOM
21
SNLR
42.5%

Full history →

Georgina focus

Georgina, York Region

$890,184

−$13,323 −1.5% down $13,323, 1.5% versus March 2024

Sales
58
SP/LP
99%
DOM
22
SNLR
33.0%

Full history →

All York Region areas

9 areas

Area Sales MoM $ volume Average MoM Median New Active SP/LP LDOM PDOM SNLR MOI
King focus King, York Region 18 −14 −43.8% down 14, 43.8% versus March 2024 $34.6M $1,924,056 −$118,303 −5.8% down $118,303, 5.8% versus March 2024 $1,803,500 81 147 97% 31 44 22.2% 8.2
Richmond Hill focus Richmond Hill, York Region 221 +22 +11.1% up 22, 11.1% versus March 2024 $327.7M $1,482,966 +$67,376 +4.8% up $67,376, 4.8% versus March 2024 $1,345,000 591 681 103% 21 29 37.4% 3.1
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region 67 −4 −5.6% down 4, 5.6% versus March 2024 $93.5M $1,395,195 −$71,655 −4.9% down $71,655, 4.9% versus March 2024 $1,285,000 159 185 102% 27 35 42.1% 2.8
Markham focus Markham, York Region 301 −6 −2.0% down 6, 2.0% versus March 2024 $408.8M $1,358,167 +$11,134 +0.8% up $11,134, 0.8% versus March 2024 $1,305,000 629 630 106% 16 23 47.9% 2.1
Aurora focus Aurora, York Region 73 −12 −14.1% down 12, 14.1% versus March 2024 $97.2M $1,331,773 −$115,704 −8.0% down $115,704, 8.0% versus March 2024 $1,300,000 194 174 104% 15 20 37.6% 2.4
East Gwillimbury focus East Gwillimbury, York Region 65 +9 +16.1% up 9, 16.1% versus March 2024 $84.2M $1,295,280 +$17,097 +1.3% up $17,097, 1.3% versus March 2024 $1,275,000 135 130 101% 20 32 48.1% 2.0
Vaughan focus Vaughan, York Region 362 +44 +13.8% up 44, 13.8% versus March 2024 $463.4M $1,280,038 −$23,546 −1.8% down $23,546, 1.8% versus March 2024 $1,210,000 824 916 100% 20 30 43.9% 2.5
Newmarket focus Newmarket, York Region 105 −8 −7.1% down 8, 7.1% versus March 2024 $123.6M $1,177,375 +$8,524 +0.7% up $8,524, 0.7% versus March 2024 $1,095,000 247 230 102% 21 26 42.5% 2.2
Georgina focus Georgina, York Region 58 −11 −15.9% down 11, 15.9% versus March 2024 $51.6M $890,184 −$13,323 −1.5% down $13,323, 1.5% versus March 2024 $832,500 176 220 99% 22 40 33.0% 3.8