Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,297,868
MoM −$7,608 −0.6% down $7,608, 0.6% versus July 2024 YoY −3.1% down 3.1% versus August 2023
Source: TRREB MarketWatch, August 2024
9 areas
York Region
August 2024
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$1,185,000
MoM −$22,500 −1.9% down $22,500, 1.9% versus July 2024 YoY −5.2% down 5.2% versus August 2023
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,323,700
MoM −$15,200 −1.1% down $15,200, 1.1% versus July 2024 YoY −4.6% down 4.6% versus August 2023
Sales — Firm transactions reported through the MLS® System during the month.
895
MoM −41 −4.4% down 41, 4.4% versus July 2024 YoY −2.8% down 2.8% versus August 2023
Dollar volume — Total value of all sales in the month.
$1.16B
MoM −$60,333,719 −4.9% down $60,333,719, 4.9% versus July 2024 YoY −5.9% down 5.9% versus August 2023
New listings — Properties newly listed during the month.
2,326
MoM −555 −19.3% down 555, 19.3% versus July 2024 YoY +8.6% up 8.6% versus August 2023
Active listings — Listings available at month end.
4,232
MoM −144 −3.3% down 144, 3.3% versus July 2024 YoY +52.3% up 52.3% versus August 2023
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
28
MoM +5 days +21.7% up 5 days, 21.7% versus July 2024 YoY +40.0% up 40.0% versus August 2023
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
43
MoM +7 days +19.4% up 7 days, 19.4% versus July 2024 YoY +59.3% up 59.3% versus August 2023
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% down 1.0 pp, 1.0% versus July 2024 YoY −2.0% down 2.0% versus August 2023
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
38.5%
MoM +6.0 pp +18.4% up 6.0 pp, 18.4% versus July 2024 YoY −10.5% down 10.5% versus August 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.
4.7
MoM +0 +1.1% up 0, 1.1% versus July 2024 YoY +56.8% up 56.8% versus August 2023
Trend
13 months to August 2024
Average price
| Month | Average price |
|---|---|
| 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 |
| May '24 | 1340032 |
| Jun '24 | 1385139 |
| Jul '24 | 1305476 |
| Aug '24 | 1297868 |
Sales
| Month | Sales |
|---|---|
| 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 |
| May '24 | 1198 |
| Jun '24 | 1082 |
| Jul '24 | 936 |
| Aug '24 | 895 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 895 | −41 −4.4% down 41, 4.4% versus July 2024 | $1,297,868 | −$7,608 −0.6% down $7,608, 0.6% versus July 2024 | $1,185,000 | 38.5% | 4.7 |
| Detached | 459 | −33 −6.7% down 33, 6.7% versus July 2024 | $1,665,034 | +$32,950 +2.0% up $32,950, 2.0% versus July 2024 | $1,495,000 | 37.6% | 5.1 |
| Semi-detached | 55 | −13 −19.1% down 13, 19.1% versus July 2024 | $1,118,431 | −$13,607 −1.2% down $13,607, 1.2% versus July 2024 | $1,115,000 | 41.0% | 3.0 |
| Att/row/townhouse | 139 | +4 +3.0% up 4, 3.0% versus July 2024 | $1,124,084 | −$27,506 −2.4% down $27,506, 2.4% versus July 2024 | $1,105,000 | 43.4% | 3.5 |
| Condo townhouse | 36 | −26 −41.9% down 26, 41.9% versus July 2024 | $833,995 | −$75,170 −8.3% down $75,170, 8.3% versus July 2024 | $825,000 | 30.0% | 6.4 |
| Condo apartment | 196 | +27 +16.0% up 27, 16.0% versus July 2024 | $697,862 | +$1,006 +0.1% up $1,006, 0.1% versus July 2024 | $643,000 | 38.3% | 5.0 |
| Link | 10 | no change no change versus July 2024 | $1,277,500 | +$41,500 +3.4% up $41,500, 3.4% versus July 2024 | $1,300,000 | 58.8% | 1.7 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 362.7 | $1,323,700 | −4.6% down 4.6% |
| Single-family detached | 388.3 | $1,627,600 | −3.6% down 3.6% |
| Single-family attached | 393.4 | $1,172,600 | −4.0% down 4.0% |
| Townhouse | 365.7 | $919,100 | −4.6% down 4.6% |
| Apartment | 329 | $666,300 | −5.3% down 5.3% |
Movers within York Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Whitchurch-Stouffville +20.2% up 20.2%
- Georgina +10.3% up 10.3%
- Richmond Hill +5.4% up 5.4%
- King +1.1% up 1.1%
- East Gwillimbury −0.5% down 0.5%
Bottom 5
- Newmarket −7.4% down 7.4%
- Markham −6.9% down 6.9%
- Aurora −4.2% down 4.2%
- Vaughan −4.1% down 4.1%
- East Gwillimbury −0.5% down 0.5%
Sales, month-over-month
Top 5
- King +4.5% up 4.5%
- Markham +0.9% up 0.9%
- Vaughan +0.9% up 0.9%
- Richmond Hill no change no change
- East Gwillimbury −5.7% down 5.7%
Bottom 5
- Georgina −21.2% down 21.2%
- Whitchurch-Stouffville −18.9% down 18.9%
- Aurora −14.5% down 14.5%
- Newmarket −13.7% down 13.7%
- East Gwillimbury −5.7% down 5.7%
York Region
King focus
King, York Region
$2,211,674
+$23,265 +1.1% up $23,265, 1.1% versus July 2024
- Sales
- 23
- SP/LP
- 97%
- DOM
- 34
- SNLR
- 34.3%
Whitchurch-Stouffville focus
Whitchurch-Stouffville, York Region
$1,574,628
+$264,938 +20.2% up $264,938, 20.2% versus July 2024
- Sales
- 43
- SP/LP
- 97%
- DOM
- 41
- SNLR
- 30.3%
Richmond Hill focus
Richmond Hill, York Region
$1,434,225
+$73,080 +5.4% up $73,080, 5.4% versus July 2024
- Sales
- 159
- SP/LP
- 99%
- DOM
- 31
- SNLR
- 38.7%
Aurora focus
Aurora, York Region
$1,360,986
−$59,321 −4.2% down $59,321, 4.2% versus July 2024
- Sales
- 59
- SP/LP
- 98%
- DOM
- 26
- SNLR
- 43.4%
East Gwillimbury focus
East Gwillimbury, York Region
$1,269,585
−$6,241 −0.5% down $6,241, 0.5% versus July 2024
- Sales
- 33
- SP/LP
- 101%
- DOM
- 21
- SNLR
- 33.3%
Markham focus
Markham, York Region
$1,260,792
−$94,157 −6.9% down $94,157, 6.9% versus July 2024
- Sales
- 228
- SP/LP
- 101%
- DOM
- 28
- SNLR
- 41.2%
Vaughan focus
Vaughan, York Region
$1,240,158
−$53,391 −4.1% down $53,391, 4.1% versus July 2024
- Sales
- 235
- SP/LP
- 98%
- DOM
- 27
- SNLR
- 38.6%
Newmarket focus
Newmarket, York Region
$1,047,937
−$83,584 −7.4% down $83,584, 7.4% versus July 2024
- Sales
- 63
- SP/LP
- 100%
- DOM
- 22
- SNLR
- 39.1%
Georgina focus
Georgina, York Region
$920,394
+$85,949 +10.3% up $85,949, 10.3% versus July 2024
- Sales
- 52
- SP/LP
- 98%
- DOM
- 30
- SNLR
- 35.1%
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 | 23 | +1 +4.5% up 1, 4.5% versus July 2024 | $50.9M | $2,211,674 | +$23,265 +1.1% up $23,265, 1.1% versus July 2024 | $1,900,000 | 67 | 165 | 97% | 34 | 54 | 34.3% | 7.2 |
| Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region | 43 | −10 −18.9% down 10, 18.9% versus July 2024 | $67.7M | $1,574,628 | +$264,938 +20.2% up $264,938, 20.2% versus July 2024 | $1,283,000 | 142 | 252 | 97% | 41 | 53 | 30.3% | 5.9 |
| Richmond Hill focus Richmond Hill, York Region | 159 | no change no change versus July 2024 | $228.0M | $1,434,225 | +$73,080 +5.4% up $73,080, 5.4% versus July 2024 | $1,250,000 | 411 | 803 | 99% | 31 | 46 | 38.7% | 5.0 |
| Aurora focus Aurora, York Region | 59 | −10 −14.5% down 10, 14.5% versus July 2024 | $80.3M | $1,360,986 | −$59,321 −4.2% down $59,321, 4.2% versus July 2024 | $1,282,000 | 136 | 238 | 98% | 26 | 40 | 43.4% | 4.0 |
| East Gwillimbury focus East Gwillimbury, York Region | 33 | −2 −5.7% down 2, 5.7% versus July 2024 | $41.9M | $1,269,585 | −$6,241 −0.5% down $6,241, 0.5% versus July 2024 | $1,300,000 | 99 | 168 | 101% | 21 | 37 | 33.3% | 5.1 |
| Markham focus Markham, York Region | 228 | +2 +0.9% up 2, 0.9% versus July 2024 | $287.5M | $1,260,792 | −$94,157 −6.9% down $94,157, 6.9% versus July 2024 | $1,217,844 | 553 | 922 | 101% | 28 | 42 | 41.2% | 4.0 |
| Vaughan focus Vaughan, York Region | 235 | +2 +0.9% up 2, 0.9% versus July 2024 | $291.4M | $1,240,158 | −$53,391 −4.1% down $53,391, 4.1% versus July 2024 | $1,189,900 | 609 | 1,097 | 98% | 27 | 43 | 38.6% | 4.7 |
| Newmarket focus Newmarket, York Region | 63 | −10 −13.7% down 10, 13.7% versus July 2024 | $66.0M | $1,047,937 | −$83,584 −7.4% down $83,584, 7.4% versus July 2024 | $999,000 | 161 | 265 | 100% | 22 | 34 | 39.1% | 4.2 |
| Georgina focus Georgina, York Region | 52 | −14 −21.2% down 14, 21.2% versus July 2024 | $47.9M | $920,394 | +$85,949 +10.3% up $85,949, 10.3% versus July 2024 | $875,000 | 148 | 322 | 98% | 30 | 50 | 35.1% | 6.2 |