👉 📖 View TheMarket – July 2026 Edition
By The Toombs Team
Steady Sales, Stabilizing Inventory, and a Market Finding Its Rhythm
As we move further into the summer market, York Region's real estate landscape continues to show encouraging signs of stability.
June brought another month of improving sales activity, while inventory remained relatively balanced and price adjustments continued at a much slower pace than we've seen over the past two years. Rather than dramatic swings, the market is settling into a healthier rhythm, one where buyers are returning with confidence, sellers are adapting their expectations, and strategy remains the deciding factor.
Sales Activity Continues to Build
June saw 1,228 homes sell across York Region, a 16.4% increase compared to June 2025, marking another month of stronger buyer activity. While we're still operating in a more balanced market than the fast-paced conditions of 2021 and early 2022, the increase in transactions suggests buyers are becoming more comfortable making a move.
Looking closer at the communities we serve, the picture varies:
Aurora recorded 73 sales, up 30.4% year-over-year, making it one of the strongest-performing local markets in June.
Newmarket saw 87 sales, a modest 3.6% increase from last June, continuing its steady pace through the first half of the year.
East Gwillimbury finished the month with 39 sales, down 20.4% year-over-year, reflecting a slower pace of activity despite stable demand in certain neighbourhoods.
The takeaway is clear: buyers are active, but demand continues to vary significantly between communities. Local market knowledge has never been more valuable.
Prices Continue to Normalize
Across York Region, the average sale price in June reached $1,172,624, approximately 5.2% lower than June 2025. While prices remain below last year's levels, month-to-month changes have become much more gradual, a sign that the market is stabilizing rather than declining sharply.
Locally:
Aurora averaged $1,263,901, down 5.2% year-over-year, while posting a notable increase from May.
Newmarket remained one of the region's most stable markets with an average price of $1,037,189, down just 1.0% from last year.
East Gwillimbury averaged $1,074,346, down 9.9% year-over-year, though prices rebounded significantly from the previous month.
The variation between municipalities highlights an important trend we've been discussing throughout 2026: the market is no longer moving as one. Every community, and often every neighbourhood, is performing differently.
Inventory Begins to Level Off
One of the biggest stories earlier this year was rapidly increasing inventory. That trend now appears to be slowing.
York Region ended June with approximately 5,560 active listings, very similar to the previous month, while new listings declined 6.1% compared to June 2025.
This doesn't mean inventory is low, buyers still have considerably more choice than they did just a few years ago, but it does suggest that supply is beginning to stabilize rather than continuing to climb.
A more balanced inventory level creates healthier conditions for both buyers and sellers.
Negotiation Remains the Norm
Perhaps the clearest indicator of today's market is how homes are selling.
Across York Region:
75.7% of homes sold below asking price
21.4% sold above asking
The average sale-to-list price ratio remained at 98.3%
Today's buyers are informed, patient, and willing to negotiate.
For sellers, this reinforces an important lesson: pricing accurately from day one remains one of the most important factors in achieving a successful sale. Well-prepared homes priced appropriately continue to generate interest, while overpriced properties often require price adjustments or spend significantly longer on the market.
What We're Seeing Across Our Local Communities
Detached homes continue to account for the majority of transactions across Newmarket, Aurora, and East Gwillimbury, representing roughly two-thirds of all sales. Most activity continues to occur between the $900,000 and $1.5 million price range, where affordability and demand remain strongest.
Higher-priced homes continue to sell, but buyers are taking more time, negotiating more carefully, and placing greater emphasis on value, condition, and location.
Looking Ahead
The June numbers suggest the market is settling into a healthier pace.
Sales activity is improving. Inventory is stabilizing. Prices continue to adjust gradually rather than dramatically. While buyers still hold meaningful negotiating power, the urgency that characterized the first half of the year appears to be giving way to a more balanced environment.
As we move through the summer months, success will continue to depend less on market timing and more on market strategy.
The Takeaway
The July edition of TheMarket, based on June statistics, reinforces a consistent message we've been sharing throughout 2026: this is a market built on preparation, realistic expectations, and informed decision-making.
Buyers have more opportunity than they've had in years, while sellers who price strategically and present their homes well continue to achieve strong results.
Every neighbourhood is moving at its own pace, making local expertise more valuable than ever.
If you're wondering what your home may be worth in today's market, we'd be happy to provide a complimentary, honest home evaluation to help you plan your next move with confidence.
We'll see you next month.
