York Region Sales Figures for August

BY THE NUMBERS
• York Region outpaced the GTA with sales up 26 per cent from August 2010. The biggest increases were seen in King (62 per cent), Georgina (52 per cent), Newmarket (41 per cent) and Richmond Hill (37 per cent).
The only municipality to experience a drop was East Gwillimbury, where the 17 sales were down 47 per cent from last year.
• The year-to-date numbers are more even, with Whitchurch-Stouffville’s 18.9-per-cent increase in sales leading the pack and Richmond Hill up 10.3 per cent.
•The 715 new listings in Markham last month were the best in the region, followed by more than 600 new listings in Richmond Hill. No other municipality recorded more than 440.
• Newmarket and Georgina are the only local municipalities with average house prices below $500,000.
• About 57 per cent of all York Region home sales last month were detached houses, with average prices of more than $655,000. Richmond Hill’s 228 sales lead the way, followed by Markham’s 189. The average sale price of those Richmond Hill homes topped $780,000.
• August saw 125 semi-detached home sales in the region and 76 condominium townhome sales. Across the region, 191 condominium apartments changed, hands averaging just less than $320,000. All but 11 of those sales were in Markham, Richmond Hill and Vaughan.


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