Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,263,790
MoM −$34,078 −2.6% down $34,078, 2.6% versus August 2024 YoY −5.0% down 5.0% versus September 2023
Source: TRREB MarketWatch, September 2024
9 areas
York Region
September 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.
$1,165,000
MoM −$20,000 −1.7% down $20,000, 1.7% versus August 2024 YoY −5.3% down 5.3% versus September 2023
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,303,200
MoM −$20,500 −1.5% down $20,500, 1.5% versus August 2024 YoY −5.0% down 5.0% versus September 2023
Sales — Firm transactions reported through the MLS® System during the month.
875
MoM −20 −2.2% down 20, 2.2% versus August 2024 YoY +10.1% up 10.1% versus September 2023
Dollar volume — Total value of all sales in the month.
$1.11B
MoM −$55,775,870 −4.8% down $55,775,870, 4.8% versus August 2024 YoY +4.5% up 4.5% versus September 2023
New listings — Properties newly listed during the month.
3,395
MoM +1,069 +46.0% up 1,069, 46.0% versus August 2024 YoY +20.1% up 20.1% versus September 2023
Active listings — Listings available at month end.
4,939
MoM +707 +16.7% up 707, 16.7% versus August 2024 YoY +46.4% up 46.4% versus September 2023
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
29
MoM +1 day +3.6% up 1 day, 3.6% versus August 2024 YoY +38.1% up 38.1% versus September 2023
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
45
MoM +2 days +4.7% up 2 days, 4.7% versus August 2024 YoY +45.2% up 45.2% versus September 2023
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
98%
MoM −1.0 pp −1.0% down 1.0 pp, 1.0% versus August 2024 YoY −3.0% down 3.0% versus September 2023
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
25.8%
MoM −12.7 pp −33.0% down 12.7 pp, 33.0% versus August 2024 YoY −8.4% down 8.4% versus September 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.
5.6
MoM +1 +19.4% up 1, 19.4% versus August 2024 YoY +33.0% up 33.0% versus September 2023
Trend
13 months to September 2024
Average price
| Month | Average price |
|---|---|
| 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 |
| Sep '24 | 1263790 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Sep '24 | 875 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 875 | −20 −2.2% down 20, 2.2% versus August 2024 | $1,263,790 | −$34,078 −2.6% down $34,078, 2.6% versus August 2024 | $1,165,000 | 25.8% | 5.6 |
| Detached | 459 | no change no change versus August 2024 | $1,595,568 | −$69,466 −4.2% down $69,466, 4.2% versus August 2024 | $1,458,069 | 24.2% | 6.1 |
| Semi-detached | 59 | +4 +7.3% up 4, 7.3% versus August 2024 | $1,083,302 | −$35,129 −3.1% down $35,129, 3.1% versus August 2024 | $1,120,000 | 36.2% | 3.2 |
| Att/row/townhouse | 125 | −14 −10.1% down 14, 10.1% versus August 2024 | $1,118,438 | −$5,646 −0.5% down $5,646, 0.5% versus August 2024 | $1,091,800 | 26.6% | 4.9 |
| Condo townhouse | 40 | +4 +11.1% up 4, 11.1% versus August 2024 | $953,601 | +$119,606 +14.3% up $119,606, 14.3% versus August 2024 | $881,995 | 21.6% | 6.7 |
| Condo apartment | 187 | −9 −4.6% down 9, 4.6% versus August 2024 | $673,143 | −$24,719 −3.5% down $24,719, 3.5% versus August 2024 | $640,000 | 28.4% | 5.7 |
| Link | 4 | −6 −60.0% down 6, 60.0% versus August 2024 | $1,155,950 | −$121,550 −9.5% down $121,550, 9.5% versus August 2024 | $1,125,000 | 20.0% | 6.3 |
| Detached condo | 1 | n/a not available, prior month not on file versus August 2024 | $1,085,000 | n/a not available, prior month not on file versus August 2024 | $1,085,000 | — | 0.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 357 | $1,303,200 | −5.0% down 5.0% |
| Single-family detached | 381.3 | $1,598,500 | −4.2% down 4.2% |
| Single-family attached | 386.8 | $1,153,000 | −4.6% down 4.6% |
| Townhouse | 363.1 | $912,500 | −4.8% down 4.8% |
| Apartment | 329.7 | $667,700 | −4.0% down 4.0% |
Movers within York Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Aurora +10.6% up 10.6%
- Newmarket +7.7% up 7.7%
- Vaughan +2.4% up 2.4%
- Markham −1.9% down 1.9%
- East Gwillimbury −4.7% down 4.7%
Bottom 5
- King −17.5% down 17.5%
- Whitchurch-Stouffville −16.1% down 16.1%
- Georgina −9.4% down 9.4%
- Richmond Hill −4.8% down 4.8%
- East Gwillimbury −4.7% down 4.7%
Sales, month-over-month
Top 5
- Newmarket +25.4% up 25.4%
- Georgina +7.7% up 7.7%
- Markham +4.8% up 4.8%
- Whitchurch-Stouffville +2.3% up 2.3%
- Richmond Hill −5.0% down 5.0%
Bottom 5
- King −21.7% down 21.7%
- East Gwillimbury −21.2% down 21.2%
- Vaughan −11.9% down 11.9%
- Aurora −6.8% down 6.8%
- Richmond Hill −5.0% down 5.0%
York Region
King focus
King, York Region
$1,825,139
−$386,535 −17.5% down $386,535, 17.5% versus August 2024
- Sales
- 18
- SP/LP
- 96%
- DOM
- 46
- SNLR
- 16.1%
Aurora focus
Aurora, York Region
$1,505,401
+$144,415 +10.6% up $144,415, 10.6% versus August 2024
- Sales
- 55
- SP/LP
- 96%
- DOM
- 25
- SNLR
- 26.7%
Richmond Hill focus
Richmond Hill, York Region
$1,365,604
−$68,621 −4.8% down $68,621, 4.8% versus August 2024
- Sales
- 151
- SP/LP
- 98%
- DOM
- 31
- SNLR
- 23.0%
Whitchurch-Stouffville focus
Whitchurch-Stouffville, York Region
$1,321,766
−$252,862 −16.1% down $252,862, 16.1% versus August 2024
- Sales
- 44
- SP/LP
- 97%
- DOM
- 34
- SNLR
- 27.2%
Vaughan focus
Vaughan, York Region
$1,270,488
+$30,330 +2.4% up $30,330, 2.4% versus August 2024
- Sales
- 207
- SP/LP
- 98%
- DOM
- 30
- SNLR
- 22.9%
Markham focus
Markham, York Region
$1,236,403
−$24,389 −1.9% down $24,389, 1.9% versus August 2024
- Sales
- 239
- SP/LP
- 100%
- DOM
- 27
- SNLR
- 30.0%
East Gwillimbury focus
East Gwillimbury, York Region
$1,209,419
−$60,166 −4.7% down $60,166, 4.7% versus August 2024
- Sales
- 26
- SP/LP
- 98%
- DOM
- 23
- SNLR
- 17.9%
Newmarket focus
Newmarket, York Region
$1,128,773
+$80,836 +7.7% up $80,836, 7.7% versus August 2024
- Sales
- 79
- SP/LP
- 98%
- DOM
- 29
- SNLR
- 34.8%
Georgina focus
Georgina, York Region
$833,806
−$86,588 −9.4% down $86,588, 9.4% versus August 2024
- Sales
- 56
- SP/LP
- 98%
- DOM
- 28
- SNLR
- 30.1%
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 | 18 | −5 −21.7% down 5, 21.7% versus August 2024 | $32.9M | $1,825,139 | −$386,535 −17.5% down $386,535, 17.5% versus August 2024 | $1,625,000 | 112 | 198 | 96% | 46 | 72 | 16.1% | 11.0 |
| Aurora focus Aurora, York Region | 55 | −4 −6.8% down 4, 6.8% versus August 2024 | $82.8M | $1,505,401 | +$144,415 +10.6% up $144,415, 10.6% versus August 2024 | $1,370,000 | 206 | 274 | 96% | 25 | 55 | 26.7% | 5.0 |
| Richmond Hill focus Richmond Hill, York Region | 151 | −8 −5.0% down 8, 5.0% versus August 2024 | $206.2M | $1,365,604 | −$68,621 −4.8% down $68,621, 4.8% versus August 2024 | $1,250,000 | 657 | 959 | 98% | 31 | 45 | 23.0% | 6.3 |
| Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region | 44 | +1 +2.3% up 1, 2.3% versus August 2024 | $58.2M | $1,321,766 | −$252,862 −16.1% down $252,862, 16.1% versus August 2024 | $1,216,500 | 162 | 273 | 97% | 34 | 52 | 27.2% | 6.2 |
| Vaughan focus Vaughan, York Region | 207 | −28 −11.9% down 28, 11.9% versus August 2024 | $263.0M | $1,270,488 | +$30,330 +2.4% up $30,330, 2.4% versus August 2024 | $1,175,000 | 903 | 1,317 | 98% | 30 | 43 | 22.9% | 6.4 |
| Markham focus Markham, York Region | 239 | +11 +4.8% up 11, 4.8% versus August 2024 | $295.5M | $1,236,403 | −$24,389 −1.9% down $24,389, 1.9% versus August 2024 | $1,195,000 | 797 | 1,086 | 100% | 27 | 41 | 30.0% | 4.5 |
| East Gwillimbury focus East Gwillimbury, York Region | 26 | −7 −21.2% down 7, 21.2% versus August 2024 | $31.4M | $1,209,419 | −$60,166 −4.7% down $60,166, 4.7% versus August 2024 | $1,197,000 | 145 | 207 | 98% | 23 | 37 | 17.9% | 8.0 |
| Newmarket focus Newmarket, York Region | 79 | +16 +25.4% up 16, 25.4% versus August 2024 | $89.2M | $1,128,773 | +$80,836 +7.7% up $80,836, 7.7% versus August 2024 | $1,039,000 | 227 | 296 | 98% | 29 | 46 | 34.8% | 3.8 |
| Georgina focus Georgina, York Region | 56 | +4 +7.7% up 4, 7.7% versus August 2024 | $46.7M | $833,806 | −$86,588 −9.4% down $86,588, 9.4% versus August 2024 | $800,000 | 186 | 329 | 98% | 28 | 47 | 30.1% | 5.9 |