Source: TRREB MarketWatch, January 2025

9 areas

York Region

January 2025

Headline indicators

All home types

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

$1,216,183

MoM −$51,935 −4.1% down $51,935, 4.1% versus December 2024 YoY +0.5% up 0.5% versus January 2024

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

$1,150,000

MoM −$32,000 −2.7% down $32,000, 2.7% versus December 2024 YoY +2.7% up 2.7% versus January 2024

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

$1,287,000

MoM −$2,500 −0.2% down $2,500, 0.2% versus December 2024 YoY −1.4% down 1.4% versus January 2024

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

620

MoM −45 −6.8% down 45, 6.8% versus December 2024 YoY −20.0% down 20.0% versus January 2024

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

$754.0M

MoM −$89,264,668 −10.6% down $89,264,668, 10.6% versus December 2024 YoY −19.6% down 19.6% versus January 2024

New listings — Properties newly listed during the month.

2,168

MoM +1,396 +180.8% up 1,396, 180.8% versus December 2024 YoY +48.1% up 48.1% versus January 2024

Active listings — Listings available at month end.

3,094

MoM +408 +15.2% up 408, 15.2% versus December 2024 YoY +74.3% up 74.3% versus January 2024

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

37

MoM no change no change versus December 2024 YoY no change no change versus January 2024

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

54

MoM −4 days −6.9% down 4 days, 6.9% versus December 2024 YoY +1.9% up 1.9% versus January 2024

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

99%

MoM no change no change versus December 2024 YoY no change no change versus January 2024

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

28.6%

MoM −57.5 pp −66.8% down 57.5 pp, 66.8% versus December 2024 YoY −46.0% down 46.0% versus January 2024

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.

5.0

MoM +1 +23.6% up 1, 23.6% versus December 2024 YoY +117.9% up 117.9% versus January 2024

Trend

13 months to January 2025

Average price

York Region average selling price over the 13 months ending January 2025.
Month Average price
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
Oct '24 1310681
Nov '24 1307833
Dec '24 1268118
Jan '25 1216183

Sales

York Region sales over the 13 months ending January 2025.
Month Sales
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
Oct '24 1165
Nov '24 1087
Dec '24 665
Jan '25 620

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 620 −45 −6.8% down 45, 6.8% versus December 2024 $1,216,183 −$51,935 −4.1% down $51,935, 4.1% versus December 2024 $1,150,000 28.6% 5.0
Detached 288 −36 −11.1% down 36, 11.1% versus December 2024 $1,577,832 −$65,932 −4.0% down $65,932, 4.0% versus December 2024 $1,467,500 25.7% 5.9
Semi-detached 46 +8 +21.1% up 8, 21.1% versus December 2024 $1,157,166 +$27,469 +2.4% up $27,469, 2.4% versus December 2024 $1,152,500 47.9% 2.3
Att/row/townhouse 100 −22 −18.0% down 22, 18.0% versus December 2024 $1,116,504 −$20,313 −1.8% down $20,313, 1.8% versus December 2024 $1,105,000 37.5% 3.2
Condo townhouse 37 +6 +19.4% up 6, 19.4% versus December 2024 $870,859 +$18,349 +2.2% up $18,349, 2.2% versus December 2024 $828,000 30.3% 4.7
Condo apartment 143 +1 +0.7% up 1, 0.7% versus December 2024 $662,148 +$7,612 +1.2% up $7,612, 1.2% versus December 2024 $620,000 26.2% 5.5
Link 6 −2 −25.0% down 2, 25.0% versus December 2024 $1,304,833 +$88,972 +7.3% up $88,972, 7.3% versus December 2024 $1,252,500 33.3% 2.8

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 352.6 $1,287,000 −1.4% down 1.4%
Single-family detached 376.9 $1,579,900 −0.7% down 0.7%
Single-family attached 382.5 $1,140,100 −1.2% down 1.2%
Townhouse 356.7 $896,400 −1.6% down 1.6%
Apartment 319.7 $647,300 −2.2% down 2.2%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. East Gwillimbury +12.9% up 12.9%
  2. Georgina +6.3% up 6.3%
  3. Newmarket +3.1% up 3.1%
  4. Markham +2.9% up 2.9%
  5. Whitchurch-Stouffville +2.8% up 2.8%

Bottom 5

  1. King −19.4% down 19.4%
  2. Vaughan −11.1% down 11.1%
  3. Richmond Hill −7.1% down 7.1%
  4. Aurora +0.2% up 0.2%
  5. Whitchurch-Stouffville +2.8% up 2.8%

Sales, month-over-month

Top 5

  1. Markham +13.1% up 13.1%
  2. East Gwillimbury +9.5% up 9.5%
  3. Georgina +2.4% up 2.4%
  4. Whitchurch-Stouffville no change no change
  5. Vaughan −5.3% down 5.3%

Bottom 5

  1. Aurora −33.3% down 33.3%
  2. Newmarket −32.7% down 32.7%
  3. King −23.1% down 23.1%
  4. Richmond Hill −18.6% down 18.6%
  5. Vaughan −5.3% down 5.3%

York Region

King focus

King, York Region

$1,863,150

−$449,031 −19.4% down $449,031, 19.4% versus December 2024

Sales
10
SP/LP
94%
DOM
59
SNLR
18.2%

Full history →

Aurora focus

Aurora, York Region

$1,501,173

+$2,447 +0.2% up $2,447, 0.2% versus December 2024

Sales
26
SP/LP
99%
DOM
29
SNLR
27.4%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,352,879

+$154,527 +12.9% up $154,527, 12.9% versus December 2024

Sales
23
SP/LP
97%
DOM
40
SNLR
23.5%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,345,054

+$36,408 +2.8% up $36,408, 2.8% versus December 2024

Sales
36
SP/LP
96%
DOM
45
SNLR
40.9%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,320,018

−$100,889 −7.1% down $100,889, 7.1% versus December 2024

Sales
114
SP/LP
100%
DOM
38
SNLR
26.2%

Full history →

Markham focus

Markham, York Region

$1,219,844

+$33,930 +2.9% up $33,930, 2.9% versus December 2024

Sales
173
SP/LP
100%
DOM
34
SNLR
33.8%

Full history →

Vaughan focus

Vaughan, York Region

$1,110,378

−$139,324 −11.1% down $139,324, 11.1% versus December 2024

Sales
161
SP/LP
98%
DOM
38
SNLR
27.2%

Full history →

Newmarket focus

Newmarket, York Region

$1,059,814

+$31,987 +3.1% up $31,987, 3.1% versus December 2024

Sales
35
SP/LP
100%
DOM
33
SNLR
24.5%

Full history →

Georgina focus

Georgina, York Region

$939,381

+$55,359 +6.3% up $55,359, 6.3% versus December 2024

Sales
42
SP/LP
98%
DOM
43
SNLR
27.8%

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 10 −3 −23.1% down 3, 23.1% versus December 2024 $18.6M $1,863,150 −$449,031 −19.4% down $449,031, 19.4% versus December 2024 $2,105,000 55 132 94% 59 102 18.2% 13.2
Aurora focus Aurora, York Region 26 −13 −33.3% down 13, 33.3% versus December 2024 $39.0M $1,501,173 +$2,447 +0.2% up $2,447, 0.2% versus December 2024 $1,235,000 95 146 99% 29 36 27.4% 5.6
East Gwillimbury focus East Gwillimbury, York Region 23 +2 +9.5% up 2, 9.5% versus December 2024 $31.1M $1,352,879 +$154,527 +12.9% up $154,527, 12.9% versus December 2024 $1,290,000 98 129 97% 40 68 23.5% 5.6
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region 36 no change no change versus December 2024 $48.4M $1,345,054 +$36,408 +2.8% up $36,408, 2.8% versus December 2024 $1,118,500 88 164 96% 45 65 40.9% 4.6
Richmond Hill focus Richmond Hill, York Region 114 −26 −18.6% down 26, 18.6% versus December 2024 $150.5M $1,320,018 −$100,889 −7.1% down $100,889, 7.1% versus December 2024 $1,282,500 435 614 100% 38 51 26.2% 5.4
Markham focus Markham, York Region 173 +20 +13.1% up 20, 13.1% versus December 2024 $211.0M $1,219,844 +$33,930 +2.9% up $33,930, 2.9% versus December 2024 $1,200,000 512 666 100% 34 51 33.8% 3.9
Vaughan focus Vaughan, York Region 161 −9 −5.3% down 9, 5.3% versus December 2024 $178.8M $1,110,378 −$139,324 −11.1% down $139,324, 11.1% versus December 2024 $1,075,000 591 825 98% 38 54 27.2% 5.1
Newmarket focus Newmarket, York Region 35 −17 −32.7% down 17, 32.7% versus December 2024 $37.1M $1,059,814 +$31,987 +3.1% up $31,987, 3.1% versus December 2024 $1,032,500 143 195 100% 33 47 24.5% 5.6
Georgina focus Georgina, York Region 42 +1 +2.4% up 1, 2.4% versus December 2024 $39.5M $939,381 +$55,359 +6.3% up $55,359, 6.3% versus December 2024 $818,554 151 223 98% 43 63 27.8% 5.3