Source: TRREB MarketWatch, March 2025

9 areas

York Region

March 2025

Headline indicators

All home types

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

$1,220,124

MoM −$24,962 −2.0% down $24,962, 2.0% versus February 2025 YoY −8.6% down 8.6% versus March 2024

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

$1,165,000

MoM −$18,000 −1.5% down $18,000, 1.5% versus February 2025 YoY −8.4% down 8.4% versus March 2024

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

$1,287,000

MoM −$8,900 −0.7% down $8,900, 0.7% versus February 2025 YoY −5.5% down 5.5% versus March 2024

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

859

MoM +122 +16.6% up 122, 16.6% versus February 2025 YoY −31.3% down 31.3% versus March 2024

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

$1.05B

MoM +$130,458,071 +14.2% up $130,458,071, 14.2% versus February 2025 YoY −37.2% down 37.2% versus March 2024

New listings — Properties newly listed during the month.

3,201

MoM +927 +40.8% up 927, 40.8% versus February 2025 YoY +30.1% up 30.1% versus March 2024

Active listings — Listings available at month end.

4,467

MoM +820 +22.5% up 820, 22.5% versus February 2025 YoY +98.4% up 98.4% versus March 2024

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

23

MoM −5 days −17.9% down 5 days, 17.9% versus February 2025 YoY +15.0% up 15.0% versus March 2024

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

35

MoM −7 days −16.7% down 7 days, 16.7% versus February 2025 YoY +25.0% up 25.0% versus March 2024

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

100%

MoM no change no change versus February 2025 YoY −2.9% down 2.9% versus March 2024

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

26.8%

MoM −5.6 pp −17.2% down 5.6 pp, 17.2% versus February 2025 YoY −47.2% down 47.2% versus March 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.

5.2

MoM +0 +5.1% up 0, 5.1% versus February 2025 YoY +188.6% up 188.6% versus March 2024

Trend

13 months to March 2025

Average price

York Region average selling price over the 13 months ending March 2025.
Month Average price
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
Feb '25 1245086
Mar '25 1220124

Sales

York Region sales over the 13 months ending March 2025.
Month Sales
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
Feb '25 737
Mar '25 859

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 859 +122 +16.6% up 122, 16.6% versus February 2025 $1,220,124 −$24,962 −2.0% down $24,962, 2.0% versus February 2025 $1,165,000 26.8% 5.2
Detached 406 +18 +4.6% up 18, 4.6% versus February 2025 $1,570,585 +$6,211 +0.4% up $6,211, 0.4% versus February 2025 $1,460,000 24.4% 6.0
Semi-detached 45 +4 +9.8% up 4, 9.8% versus February 2025 $1,106,760 −$33,578 −2.9% down $33,578, 2.9% versus February 2025 $1,138,000 29.2% 3.8
Att/row/townhouse 159 +64 +67.4% up 64, 67.4% versus February 2025 $1,120,749 −$7,103 −0.6% down $7,103, 0.6% versus February 2025 $1,110,000 34.1% 3.4
Condo townhouse 48 +9 +23.1% up 9, 23.1% versus February 2025 $851,398 −$45,107 −5.0% down $45,107, 5.0% versus February 2025 $850,000 28.7% 5.1
Condo apartment 188 +26 +16.0% up 26, 16.0% versus February 2025 $660,861 +$2,451 +0.4% up $2,451, 0.4% versus February 2025 $620,000 26.4% 5.6
Link 11 −1 −8.3% down 1, 8.3% versus February 2025 $1,290,191 +$29,708 +2.4% up $29,708, 2.4% versus February 2025 $1,350,000 37.9% 2.6
Co-op apartment 1 n/a not available, prior month not on file versus February 2025 $690,000 n/a not available, prior month not on file versus February 2025 $690,000 14.3% 8.0
Detached condo 1 n/a not available, prior month not on file versus February 2025 $2,435,000 n/a not available, prior month not on file versus February 2025 $2,435,000 0.0

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 352.6 $1,287,000 −5.5% down 5.5%
Single-family detached 376.2 $1,577,000 −5.6% down 5.6%
Single-family attached 384.5 $1,146,100 −5.2% down 5.2%
Townhouse 363.9 $914,500 −3.7% down 3.7%
Apartment 320.9 $649,900 −4.2% down 4.2%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Aurora +14.2% up 14.2%
  2. Georgina +5.8% up 5.8%
  3. Vaughan +2.6% up 2.6%
  4. Markham +0.2% up 0.2%
  5. Whitchurch-Stouffville −0.4% down 0.4%

Bottom 5

  1. King −25.3% down 25.3%
  2. Richmond Hill −8.6% down 8.6%
  3. Newmarket −8.6% down 8.6%
  4. East Gwillimbury −6.8% down 6.8%
  5. Whitchurch-Stouffville −0.4% down 0.4%

Sales, month-over-month

Top 5

  1. Whitchurch-Stouffville +57.7% up 57.7%
  2. Aurora +29.0% up 29.0%
  3. Markham +25.7% up 25.7%
  4. Vaughan +25.4% up 25.4%
  5. Richmond Hill +15.9% up 15.9%

Bottom 5

  1. East Gwillimbury −25.6% down 25.6%
  2. Newmarket −7.9% down 7.9%
  3. King −5.6% down 5.6%
  4. Georgina −1.9% down 1.9%
  5. Richmond Hill +15.9% up 15.9%

York Region

King focus

King, York Region

$2,048,588

−$693,745 −25.3% down $693,745, 25.3% versus February 2025

Sales
17
SP/LP
95%
DOM
41
SNLR
19.1%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,313,390

−$5,340 −0.4% down $5,340, 0.4% versus February 2025

Sales
41
SP/LP
98%
DOM
36
SNLR
32.8%

Full history →

Aurora focus

Aurora, York Region

$1,311,336

+$163,529 +14.2% up $163,529, 14.2% versus February 2025

Sales
40
SP/LP
101%
DOM
23
SNLR
18.9%

Full history →

Vaughan focus

Vaughan, York Region

$1,259,490

+$32,474 +2.6% up $32,474, 2.6% versus February 2025

Sales
252
SP/LP
98%
DOM
24
SNLR
27.4%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,214,567

−$115,007 −8.6% down $115,007, 8.6% versus February 2025

Sales
146
SP/LP
101%
DOM
22
SNLR
23.7%

Full history →

Markham focus

Markham, York Region

$1,213,744

+$2,335 +0.2% up $2,335, 0.2% versus February 2025

Sales
220
SP/LP
102%
DOM
21
SNLR
30.6%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,190,269

−$87,010 −6.8% down $87,010, 6.8% versus February 2025

Sales
32
SP/LP
101%
DOM
19
SNLR
24.8%

Full history →

Newmarket focus

Newmarket, York Region

$1,083,628

−$101,799 −8.6% down $101,799, 8.6% versus February 2025

Sales
58
SP/LP
99%
DOM
17
SNLR
26.2%

Full history →

Georgina focus

Georgina, York Region

$835,426

+$45,801 +5.8% up $45,801, 5.8% versus February 2025

Sales
53
SP/LP
100%
DOM
28
SNLR
31.4%

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 17 −1 −5.6% down 1, 5.6% versus February 2025 $34.8M $2,048,588 −$693,745 −25.3% down $693,745, 25.3% versus February 2025 $1,440,000 89 168 95% 41 60 19.1% 9.9
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region 41 +15 +57.7% up 15, 57.7% versus February 2025 $53.8M $1,313,390 −$5,340 −0.4% down $5,340, 0.4% versus February 2025 $1,125,000 125 206 98% 36 57 32.8% 5.0
Aurora focus Aurora, York Region 40 +9 +29.0% up 9, 29.0% versus February 2025 $52.5M $1,311,336 +$163,529 +14.2% up $163,529, 14.2% versus February 2025 $1,124,500 212 250 101% 23 31 18.9% 6.3
Vaughan focus Vaughan, York Region 252 +51 +25.4% up 51, 25.4% versus February 2025 $317.4M $1,259,490 +$32,474 +2.6% up $32,474, 2.6% versus February 2025 $1,206,000 920 1,224 98% 24 37 27.4% 4.9
Richmond Hill focus Richmond Hill, York Region 146 +20 +15.9% up 20, 15.9% versus February 2025 $177.3M $1,214,567 −$115,007 −8.6% down $115,007, 8.6% versus February 2025 $1,187,000 617 927 101% 22 33 23.7% 6.3
Markham focus Markham, York Region 220 +45 +25.7% up 45, 25.7% versus February 2025 $267.0M $1,213,744 +$2,335 +0.2% up $2,335, 0.2% versus February 2025 $1,205,000 719 992 102% 21 29 30.6% 4.5
East Gwillimbury focus East Gwillimbury, York Region 32 −11 −25.6% down 11, 25.6% versus February 2025 $38.1M $1,190,269 −$87,010 −6.8% down $87,010, 6.8% versus February 2025 $1,170,000 129 178 101% 19 32 24.8% 5.6
Newmarket focus Newmarket, York Region 58 −5 −7.9% down 5, 7.9% versus February 2025 $62.9M $1,083,628 −$101,799 −8.6% down $101,799, 8.6% versus February 2025 $1,032,900 221 277 99% 17 29 26.2% 4.8
Georgina focus Georgina, York Region 53 −1 −1.9% down 1, 1.9% versus February 2025 $44.3M $835,426 +$45,801 +5.8% up $45,801, 5.8% versus February 2025 $800,000 169 245 100% 28 46 31.4% 4.6