Source: TRREB MarketWatch, May 2025

9 areas

York Region

May 2025

Headline indicators

All home types

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

$1,282,040

MoM +$25,425 +2.0% up $25,425, 2.0% versus April 2025 YoY −4.3% down 4.3% versus May 2024

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

$1,199,000

MoM +$39,000 +3.4% up $39,000, 3.4% versus April 2025 YoY −3.3% down 3.3% versus May 2024

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

$1,220,300

MoM −$9,200 −0.7% down $9,200, 0.7% versus April 2025 YoY −6.2% down 6.2% versus May 2024

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

1,005

MoM +111 +12.4% up 111, 12.4% versus April 2025 YoY −16.1% down 16.1% versus May 2024

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

$1.29B

MoM +$165,036,713 +14.7% up $165,036,713, 14.7% versus April 2025 YoY −19.7% down 19.7% versus May 2024

New listings — Properties newly listed during the month.

4,027

MoM +678 +20.2% up 678, 20.2% versus April 2025 YoY +26.8% up 26.8% versus May 2024

Active listings — Listings available at month end.

5,880

MoM +723 +14.0% up 723, 14.0% versus April 2025 YoY +49.8% up 49.8% versus May 2024

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

27

MoM +1 day +3.8% up 1 day, 3.8% versus April 2025 YoY +42.1% up 42.1% versus May 2024

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

40

MoM +4 days +11.1% up 4 days, 11.1% versus April 2025 YoY +42.9% up 42.9% versus May 2024

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 April 2025 YoY −3.0% down 3.0% versus May 2024

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

25.0%

MoM −1.7 pp −6.5% down 1.7 pp, 6.5% versus April 2025 YoY −33.8% down 33.8% versus May 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.

5.8

MoM +0 +1.4% up 0, 1.4% versus April 2025 YoY +78.6% up 78.6% versus May 2024

Trend

13 months to May 2025

Average price

York Region average selling price over the 13 months ending May 2025.
Month Average price
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
Apr '25 1256615
May '25 1282040

Sales

York Region sales over the 13 months ending May 2025.
Month Sales
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
Apr '25 894
May '25 1005

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 1,005 +111 +12.4% up 111, 12.4% versus April 2025 $1,282,040 +$25,425 +2.0% up $25,425, 2.0% versus April 2025 $1,199,000 25.0% 5.8
Detached 584 +144 +32.7% up 144, 32.7% versus April 2025 $1,560,990 −$54,914 −3.4% down $54,914, 3.4% versus April 2025 $1,400,000 26.2% 5.6
Semi-detached 72 +10 +16.1% up 10, 16.1% versus April 2025 $1,112,307 +$12,799 +1.2% up $12,799, 1.2% versus April 2025 $1,137,500 37.5% 3.2
Att/row/townhouse 129 −19 −12.8% down 19, 12.8% versus April 2025 $1,086,710 −$25,456 −2.3% down $25,456, 2.3% versus April 2025 $1,105,000 23.6% 5.5
Condo townhouse 39 −2 −4.9% down 2, 4.9% versus April 2025 $854,905 −$50,115 −5.5% down $50,115, 5.5% versus April 2025 $830,000 18.5% 8.5
Condo apartment 167 −23 −12.1% down 23, 12.1% versus April 2025 $643,890 −$21,969 −3.3% down $21,969, 3.3% versus April 2025 $610,000 21.2% 7.6
Link 12 −1 −7.7% down 1, 7.7% versus April 2025 $1,156,657 −$76,181 −6.2% down $76,181, 6.2% versus April 2025 $1,180,000 22.2% 4.8
Co-op apartment 1 n/a not available, prior month not on file versus April 2025 $560,000 n/a not available, prior month not on file versus April 2025 $560,000 16.7% 8.0
Detached condo 1 n/a not available, prior month not on file versus April 2025 $1,250,000 n/a not available, prior month not on file versus April 2025 $1,250,000 50.0% 2.0

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 332.7 $1,220,300 −6.2% down 6.2%
Single-family detached 353.5 $1,503,300 −5.8% down 5.8%
Single-family attached 361.6 $1,078,700 −6.6% down 6.6%
Townhouse 327.9 $843,300 −4.5% down 4.5%
Apartment 282 $588,000 −7.0% down 7.0%

Movers within York Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Richmond Hill +13.5% up 13.5%
  2. East Gwillimbury +11.6% up 11.6%
  3. Markham +3.2% up 3.2%
  4. Georgina +1.1% up 1.1%
  5. Whitchurch-Stouffville +1.1% up 1.1%

Bottom 5

  1. Aurora −5.4% down 5.4%
  2. Newmarket −3.9% down 3.9%
  3. King −1.4% down 1.4%
  4. Vaughan −0.3% down 0.3%
  5. Whitchurch-Stouffville +1.1% up 1.1%

Sales, month-over-month

Top 5

  1. Georgina +47.8% up 47.8%
  2. King +45.5% up 45.5%
  3. East Gwillimbury +34.4% up 34.4%
  4. Newmarket +28.8% up 28.8%
  5. Whitchurch-Stouffville +23.1% up 23.1%

Bottom 5

  1. Richmond Hill −4.4% down 4.4%
  2. Aurora +5.1% up 5.1%
  3. Markham +7.6% up 7.6%
  4. Vaughan +12.7% up 12.7%
  5. Whitchurch-Stouffville +23.1% up 23.1%

York Region

King focus

King, York Region

$1,795,938

−$25,607 −1.4% down $25,607, 1.4% versus April 2025

Sales
16
SP/LP
93%
DOM
48
SNLR
14.8%

Full history →

Richmond Hill focus

Richmond Hill, York Region

$1,478,294

+$176,068 +13.5% up $176,068, 13.5% versus April 2025

Sales
152
SP/LP
97%
DOM
31
SNLR
20.1%

Full history →

Vaughan focus

Vaughan, York Region

$1,323,877

−$3,913 −0.3% down $3,913, 0.3% versus April 2025

Sales
275
SP/LP
98%
DOM
25
SNLR
26.0%

Full history →

Whitchurch-Stouffville focus

Whitchurch-Stouffville, York Region

$1,306,010

+$14,470 +1.1% up $14,470, 1.1% versus April 2025

Sales
48
SP/LP
99%
DOM
35
SNLR
25.3%

Full history →

Markham focus

Markham, York Region

$1,279,253

+$39,286 +3.2% up $39,286, 3.2% versus April 2025

Sales
256
SP/LP
100%
DOM
25
SNLR
27.0%

Full history →

Aurora focus

Aurora, York Region

$1,260,556

−$72,156 −5.4% down $72,156, 5.4% versus April 2025

Sales
62
SP/LP
97%
DOM
27
SNLR
26.3%

Full history →

East Gwillimbury focus

East Gwillimbury, York Region

$1,253,521

+$130,515 +11.6% up $130,515, 11.6% versus April 2025

Sales
43
SP/LP
99%
DOM
28
SNLR
25.1%

Full history →

Newmarket focus

Newmarket, York Region

$1,083,258

−$44,142 −3.9% down $44,142, 3.9% versus April 2025

Sales
85
SP/LP
100%
DOM
20
SNLR
26.2%

Full history →

Georgina focus

Georgina, York Region

$832,921

+$9,332 +1.1% up $9,332, 1.1% versus April 2025

Sales
68
SP/LP
98%
DOM
28
SNLR
28.7%

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 16 +5 +45.5% up 5, 45.5% versus April 2025 $28.7M $1,795,938 −$25,607 −1.4% down $25,607, 1.4% versus April 2025 $1,542,500 108 217 93% 48 54 14.8% 13.6
Richmond Hill focus Richmond Hill, York Region 152 −7 −4.4% down 7, 4.4% versus April 2025 $224.7M $1,478,294 +$176,068 +13.5% up $176,068, 13.5% versus April 2025 $1,268,750 757 1,191 97% 31 46 20.1% 7.8
Vaughan focus Vaughan, York Region 275 +31 +12.7% up 31, 12.7% versus April 2025 $364.1M $1,323,877 −$3,913 −0.3% down $3,913, 0.3% versus April 2025 $1,264,000 1,056 1,560 98% 25 39 26.0% 5.7
Whitchurch-Stouffville focus Whitchurch-Stouffville, York Region 48 +9 +23.1% up 9, 23.1% versus April 2025 $62.7M $1,306,010 +$14,470 +1.1% up $14,470, 1.1% versus April 2025 $1,145,000 190 289 99% 35 44 25.3% 6.0
Markham focus Markham, York Region 256 +18 +7.6% up 18, 7.6% versus April 2025 $327.5M $1,279,253 +$39,286 +3.2% up $39,286, 3.2% versus April 2025 $1,230,000 948 1,311 100% 25 36 27.0% 5.1
Aurora focus Aurora, York Region 62 +3 +5.1% up 3, 5.1% versus April 2025 $78.2M $1,260,556 −$72,156 −5.4% down $72,156, 5.4% versus April 2025 $1,135,000 236 317 97% 27 45 26.3% 5.1
East Gwillimbury focus East Gwillimbury, York Region 43 +11 +34.4% up 11, 34.4% versus April 2025 $53.9M $1,253,521 +$130,515 +11.6% up $130,515, 11.6% versus April 2025 $1,229,000 171 238 99% 28 48 25.1% 5.5
Newmarket focus Newmarket, York Region 85 +19 +28.8% up 19, 28.8% versus April 2025 $92.1M $1,083,258 −$44,142 −3.9% down $44,142, 3.9% versus April 2025 $1,005,000 324 397 100% 20 34 26.2% 4.7
Georgina focus Georgina, York Region 68 +22 +47.8% up 22, 47.8% versus April 2025 $56.6M $832,921 +$9,332 +1.1% up $9,332, 1.1% versus April 2025 $777,500 237 360 98% 28 36 28.7% 5.3