York Region has the biggest year-over-year price drop in the TRREB area. It also has more homes for sale than any of the other big GTA regions, so buyers have both time and choice.
TRREB reported 1,038 sales in York in October at an average of $1,142,789 and a median of $1,050,000. Homes sold for 97 per cent of asking in 33 days on average. By our own count, 1,008 York homes went firm this October against 1,079 a year earlier, a drop of about 7 per cent.
York's composite benchmark was $1,071,700, down 6.8 per cent on the year and about 17 per cent below three years ago. Detached homes are down 6.5 per cent, semis and freehold towns 5.3 per cent, condo townhouses 10.3 per cent and condo apartments 9.3 per cent.
City by city
Right-hand figure is the October MLS® HPI composite benchmark. Sales, median price, average days on market, months of inventory (TRREB's trend measure) and average sale-to-list ratio are from TRREB's October 2026 Market Watch.
Markham and Newmarket have the least supply in York, about 4 months each. Newmarket and Stouffville sold fastest, in 28 days. King is the slowest market in the TRREB area: 11 months of inventory, two months to sell, and 92 per cent of asking. Vaughan's benchmark fell the least of the big York cities (−5.5%). Newmarket's fell the most (−7.8%), with Richmond Hill and Aurora close behind.
Markham up close
| Home type | Benchmark | vs last year | vs 3 years ago |
|---|---|---|---|
| Detached | $1,419,900 | −6.3% | −17.5% |
| Semi / freehold town | $1,021,600 | −6.3% | −15.5% |
| Condo town | $717,400 | −11.5% | −20.2% |
| Condo apt | $510,500 | −9.5% | −23.2% |
| All homes | $1,037,300 | −6.9% | −18.5% |
MLS® HPI benchmark price, October 2026, and change from October 2025. "Semi / freehold town" is TRREB's attached single-family benchmark, which covers semis and freehold row houses. "Condo town" is TRREB's townhouse benchmark, which covers condominium townhouses.
Markham sold 260 homes in 30 days on average, at 98 per cent of asking: faster and closer to asking than York as a whole. Its condos have fallen the most, with condo apartments down about 23 per cent from three years ago.
Why so many listings didn't sell
By our own count, about 1,930 York listings ended in October without a sale, and so far about six in ten have been relisted. With five months of supply, buyers can compare, and a listing priced above the recent sales tends to sit.
What it means for you
If you're buying, York gives you the most choice of the five big GTA regions and the biggest discount from last year. Condo townhouses and condo apartments have dropped the most.
If you're selling, you're competing with five months of supply. Price to this month's comparables. In Markham and Newmarket, where supply is lower, well-priced homes still sell in about a month.
If you're an investor, York condo apartments are down 9.3 per cent on the year and about 22 per cent from three years ago. Work from today's rents and carrying costs.
Sales, prices, days on market, sale-to-list ratios, months of inventory and the share of new listings that sold are from TRREB's October 2026 Market Watch (released 4 November 2026). The October 2025 sales comparison and the count of listings that ended without a sale were produced by The Renavu Team from TRREB MLS® data; they are not official statistics of, or endorsed by, TRREB or PropTx, and are deemed reliable but not guaranteed. Benchmark prices are from the TRREB/Altus MLS® Home Price Index, October 2026. This article is general market information, not financial, mortgage or investment advice.
