June was the busiest month York Region has had in over a year. Buyers closed on 1,289 homes, up 21.5% from last June and the highest count in the twelve months I have been tracking this series. And yet the average price came in at $1,169,958, down 5.8% from a year ago. More people buying, lower prices. That is the headline, and on its own, it barely tells you anything because there is no such thing as a single York Region market. There are nine of them, and this month they are not even close to agreeing with each other. Markham and Newmarket are knocking on the door of a balanced market. King has almost a year of inventory sitting unsold. So let's take the region apart and look at where things actually stand.
How Did York Region Real Estate Change Year Over Year in June 2026?
York Region recorded 1,289 sales in June 2026, up 21.5% from the 1,061 sold in June 2025. The average price fell 5.8% to $1,169,958, and the median dropped 9.2% to $1,050,888. New listings eased 6.9% to 3,293, and active inventory came down 11.0% to 5,302, which pushed the sales-to-new-listings ratio up to 34.8% from 33.0% a year ago. Homes still sold at 98% of asking, right where they were last June.
| Metric | June 2025 | June 2026 | Change |
|---|---|---|---|
| Average Price | $1,241,758 | $1,169,958 | -5.8% |
| Median Price | $1,157,000 | $1,050,888 | -9.2% |
| Total Sales | 1,061 | 1,289 | +21.5% |
| New Listings | 3,536 | 3,293 | -6.9% |
| Active Listings | 5,958 | 5,302 | -11.0% |
| SNLR | 33.0% | 34.8% | +1.8 pts |
| Months of Inventory | 4.8 | 5.1 | +0.3 |
| Average Days on Market | 28 | 29 | +1 day |
| SP/LP | 98% | 98% | 0 |
Source: TRREB Market Watch, June 2026
Start with the gap between the average and the median. The average fell 5.8%, but the median fell 9.2%. When the median drops more than the average, it suggests softening is happening in the middle and lower parts of the market rather than at the top. The expensive detached end of York Region is holding its ground. The move-up and entry-level end is where prices have actually come off. I will show you exactly where in the property type section, because that gap is the single most useful thing in this whole report for figuring out whether the headline number applies to your home.
The sale-to-list ratio is the number I would put in front of anyone trying to read the temperature. Region-wide, it sat at 98%, the same as last June. On a $1.1 million home, that is roughly $22,000 of space between the list price and where deals are actually closing. That is not a fire sale, and it is not a bidding war either. It is a market where a well-priced home trades close to asking and an overpriced one sits. Buyers have room to work, but not unlimited room, and sellers who read the comps honestly are still getting their number.
Sales jumped 21.5% year over year while active inventory dropped 11.0%. So demand rose and supply fell at the same time, which is usually the setup for prices to firm up. They have not firmed yet because homes are still taking 29 days to sell, one day longer than last June. Buyers are showing up in far greater numbers than a year ago, but they are not rushing. They are booking inspections, thinking it over, and negotiating. That combination, more activity without more urgency, is what a recovery looks like in its early innings. Volume tends to come back first. Pricing follows later, once the inventory thins out enough that buyers no longer feel they have all the leverage.
York Region City by City: Where Buyers and Sellers Actually Stand in June 2026
York Region as a whole reads like a buyer's market, with a 34.8% sales-to-new-listings ratio and 5.1 months of inventory.
| Municipality | Sales | Average Price | Median Price | SNLR | Months of Inv. |
|---|---|---|---|---|---|
| Markham | 360 | $1,136,454 | $1,071,000 | 38.8% | 4.3 |
| Vaughan | 333 | $1,185,018 | $1,100,000 | 35.5% | 4.9 |
| Richmond Hill | 230 | $1,241,949 | $1,104,000 | 32.6% | 5.7 |
| Newmarket | 88 | $1,018,511 | $941,000 | 37.4% | 4.2 |
| Georgina | 85 | $794,410 | $769,900 | 29.1% | 6.2 |
| Aurora | 76 | $1,239,892 | $1,202,500 | 33.8% | 5.1 |
| Whitchurch-Stouffville | 54 | $1,329,155 | $1,155,000 | 38.0% | 4.8 |
| East Gwillimbury | 39 | $1,062,808 | $1,105,000 | 32.0% | 5.5 |
| King | 24 | $2,253,469 | $1,947,500 | 20.5% | 11.7 |
Source: TRREB Market Watch, June 2026
Markham and Vaughan carried the region. Between them, they closed 693 of York Region's 1,289 sales, which is 54% of everything that traded in a region of nine municipalities. Markham's 38.8% sales-to-new-listings ratio is the strongest of any major market here and only 1.2 points shy of the 40% line TRREB treats as balanced. Newmarket is quietly right there with it at 37.4% and the tightest inventory in the region at 4.2 months. If you are selling in either of those two, you are in the best position York Region has to offer this summer.
Richmond Hill is the other side of that coin. It did real volume, 230 sales, but it did it with a 32.6% sales-to-new-listings ratio and 5.7 months of inventory, the loosest of the big three by a wide margin. That is the most negotiating room a buyer will find in a high-demand York Region city right now. More listings to choose from, more time to decide, and sellers who have to be sharper on price to get a deal done. Aurora sits in a similar spot with 5.1 months of inventory and a 33.8% ratio, softer than Newmarket next door but nowhere near as loose as the northern towns.
Then there is King, and I want to be straight about what that row is. Twenty-four sales, an average price of $2,253,469, and 11.7 months of inventory. King is an estate market, mostly detached homes on large lots, and it moves slowly by nature. A 20.5% sales-to-new-listings ratio would be alarming in Markham. In King, it is close to normal, because the buyer pool for two-million-dollar country properties is small and patient. Read that row as its own market, not as a warning about the region. At the affordable end, Georgina remains the value play, with a median under $770,000, though its 6.2 months of inventory and 29.1% ratio tell you buyers up there hold most of the cards. And if you want the surprise of the month, it is Whitchurch-Stouffville, quietly posting the region's highest average price outside King at $1,329,155 while turning over inventory in 4.8 months. Demand for that town is real.
What Happened by Property Type Across York Region This June?
This is where the 5.8% headline gets a lot more honest. Detached homes, which make up more than half of everything York Region sells, were down just 2.5% on average to $1,489,943. The softness is concentrated in the attached and condo segments, where semi-detached fell by 12.6%, and condo apartments fell by 11.2%. Every property type sold in higher numbers than a year ago, with condo townhouses and semis leading the jump in volume.
Average Sold Price by Property Type
| Property Type | June 2025 | June 2026 | Change |
|---|---|---|---|
| Detached (693 sales) | $1,528,425 | $1,489,943 | -2.5% |
| Semi-Detached (75 sales) | $1,102,692 | $964,123 | -12.6% |
| Freehold Townhouse (172 sales) | $1,067,422 | $974,420 | -8.7% |
| Condo Townhouse (80 sales) | $789,534 | $811,752 | +2.8% |
| Condo Apartment (241 sales) | $661,948 | $587,584 | -11.2% |
Median Sold Price by Property Type
| Property Type | June 2025 | June 2026 | Change |
|---|---|---|---|
| Detached | $1,435,000 | $1,330,000 | -7.3% |
| Semi-Detached | $1,085,000 | $936,500 | -13.7% |
| Freehold Townhouse | $1,077,500 | $955,500 | -11.3% |
| Condo Townhouse | $767,500 | $750,000 | -2.3% |
| Condo Apartment | $611,500 | $550,000 | -10.1% |
Source: TRREB Market Watch, June 2026
Detached is the anchor, and it is barely down. Off 2.5% on the average and 7.3% on the median, with 693 sales, which is 14.5% more detached homes than trading last June. The gap between that small average drop and the larger median drop tells you a handful of high-end sales, the King and Whitchurch-Stouffville estates, are propping up the average. Use the median as your read on a typical detached home. The point stands either way. If you own a detached house in York Region, you have not lost anywhere near the 9.2% the regional median implies. Your segment moved a fraction of that.
The real price resets are in semis and condo apartments, and that is not a coincidence, because those are the two segments first-time buyers actually shop. Semi-detached is down 12.6% on average and 13.7% on the median. Condo apartments are down 11.2% and 10.1%. A year and a half ago, I said the softness in the condo market would create an opening for people trying to get into this market, and the volume now backs it up. Condo apartment sales rose 15.9%, condo townhouses jumped 66.7%, and semis were up 41.5%. Buyers are not just watching those discounts. They are acting on them.
One caution on condo townhouses. The average shows a 2.8% gain, while the median shows a 2.3% drop; when the two point in opposite directions on a segment with only 80 sales, that is a sample-size wobble, not a trend. A couple of larger deals pull the average around. Trust the median here, which indicates the typical condo-townhouse is roughly flat. That is still a better story than most segments, and with the freehold townhouse down 8.7% on average, the townhouse category overall is where a lot of the value shopping is going to land this summer.
What Has York Region Real Estate Done Over the Past 12 Months?
Over the past 12 months, York Region's average price has fluctuated between $1,110,582 (January 2026) and $1,234,849 (October 2025), with June at $1,169,958. The bigger story is not price; it is direction. Sales climbed from a January floor of 554 to 1,289 in June, the highest in the window, and the sales-to-new-listings ratio has now risen five months in a row, from 31.5% in January to 34.8% in June. Months of inventory have eased from a winter peak of 5.5 back down to 5.1.
| Month | Average Price | Sales | SNLR | MOI |
|---|---|---|---|---|
| June 2026 | $1,169,958 | 1,289 | 34.8% | 5.1 |
| May 2026 | $1,177,330 | 1,183 | 33.9% | 5.2 |
| April 2026 | $1,131,433 | 994 | 32.6% | 5.4 |
| March 2026 | $1,164,324 | 887 | 32.3% | 5.5 |
| February 2026 | $1,133,471 | 683 | 31.7% | 5.5 |
| January 2026 | $1,110,582 | 554 | 31.5% | 5.5 |
| December 2025 | $1,204,046 | 683 | 31.6% | 5.4 |
| November 2025 | $1,208,487 | 893 | 32.0% | 5.2 |
| October 2025 | $1,234,849 | 1,050 | 32.6% | 5.1 |
| September 2025 | $1,180,765 | 1,032 | 33.2% | 4.9 |
| August 2025 | $1,184,196 | 994 | 32.9% | 4.9 |
| July 2025 | $1,234,564 | 1,049 | 32.8% | 4.9 |
Source: TRREB Market Watch, July 2025 through June 2026
Read the price column, and you see noise. It bounced between $1.11 million and $1.23 million all year with no clear direction, because the mix of what sells shifts month to month, dragging the average around with it. Read the sales column and the SNLR column, and you see something much steadier. Both bottomed in the depth of winter and have climbed together every month since. That is the pattern worth trusting. Volume and the sales-to-new-listings ratio are the leading signals. Price is the lagging one, and it moves last.
The sale-to-list ratio is the piece that has not turned yet. It has held below 100% every single month in this table, and stretching the data back another quarter, the story is the same. Buyers have had room to negotiate across all of York Region for more than a year. That is the window, and it is still open. What would tell me it is closing is the SNLR crossing 40% and inventory dropping under four months at the same time. We are not there. Markham and Newmarket are the closest, which is exactly why I would watch those two first.
How Did York Region's June Compare to May 2026?
York Region sales rose another 9.0% month over month in June, from 1,183 to 1,289, while new listings held essentially flat at 3,293. The average price gave back a slight 0.6% to $1,169,958, and the median eased 3.6% to $1,050,888, which lines up with the shift toward condo and townhouse sales. The sales-to-new-listings ratio improved from 33.9% to 34.8%, and homes still closed at 98% of asking.
| Metric | May 2026 | June 2026 | Change |
|---|---|---|---|
| Average Price | $1,177,330 | $1,169,958 | -0.6% |
| Median Price | $1,090,000 | $1,050,888 | -3.6% |
| Total Sales | 1,183 | 1,289 | +9.0% |
| New Listings | 3,323 | 3,293 | -0.9% |
| Active Listings | 5,252 | 5,302 | +1.0% |
| SNLR | 33.9% | 34.8% | +0.9 pts |
| Months of Inventory | 5.2 | 5.1 | -0.1 |
| Average Days on Market | 28 | 29 | +1 day |
| SP/LP | 98% | 98% | 0 |
Source: TRREB Market Watch, June 2026 and May 2026
The number I keep coming back to is that sales rose 9%, while new listings actually shrank slightly. Buyers absorbed more homes than in May from a slightly smaller pool of fresh product, and active inventory barely moved as a result. That is a market tightening from the demand side. Sellers are not flooding the board, buyers are clearing what comes on, and the sales-to-new-listings ratio ticking up nine months into that pattern is the clearest evidence the region is grinding toward balance, slowly.
The month-over-month price dip is not something I would lose sleep over. A 3.6% drop in the median in a single month, when sales jumped 9%, is almost entirely about what sold rather than what anything is worth. More condos and towns closed in June, and that pulls the middle of the distribution down without any individual home losing value. This is the same reason I keep telling people to check their own segment before reacting to a regional headline.