Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$614,867
MoM +$5,099 +0.8% up $5,099, 0.8% versus January 2018 YoY −10.8% down 10.8% versus February 2017
Source: TRREB MarketWatch, February 2018
5 areas
Simcoe County
February 2018
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$580,000
MoM +$5,000 +0.9% up $5,000, 0.9% versus January 2018 YoY −8.7% down 8.7% versus February 2017
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
—
MoM n/a not available, prior month not on file versus January 2018 YoY n/a not available, prior month not on file versus February 2017
Sales — Firm transactions reported through the MLS® System during the month.
150
MoM +12 +8.7% up 12, 8.7% versus January 2018 YoY −40.2% down 40.2% versus February 2017
Dollar volume — Total value of all sales in the month.
$92.2M
MoM +$8,081,961 +9.6% up $8,081,961, 9.6% versus January 2018 YoY −46.7% down 46.7% versus February 2017
New listings — Properties newly listed during the month.
463
MoM +109 +30.8% up 109, 30.8% versus January 2018 YoY +68.4% up 68.4% versus February 2017
Active listings — Listings available at month end.
702
MoM +123 +21.2% up 123, 21.2% versus January 2018 YoY +281.5% up 281.5% versus February 2017
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
38
MoM −6 days −13.6% down 6 days, 13.6% versus January 2018 YoY +123.5% up 123.5% versus February 2017
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
97%
MoM +2.0 pp +2.1% up 2.0 pp, 2.1% versus January 2018 YoY −5.8% down 5.8% versus February 2017
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
32.4%
MoM −6.6 pp −16.9% down 6.6 pp, 16.9% versus January 2018 YoY −64.5% down 64.5% versus February 2017
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.
4.7
MoM +0 +11.5% up 0, 11.5% versus January 2018 YoY +538.4% up 538.4% versus February 2017
Trend
13 months to February 2018
Average price
| Month | Average price |
|---|---|
| Feb '17 | 689436 |
| Mar '17 | 756528 |
| Apr '17 | 729698 |
| May '17 | 694940 |
| Jun '17 | 606546 |
| Jul '17 | 571241 |
| Aug '17 | 589812 |
| Sep '17 | 617093 |
| Oct '17 | 567813 |
| Nov '17 | 606941 |
| Dec '17 | 604325 |
| Jan '18 | 609768 |
| Feb '18 | 614867 |
Sales
| Month | Sales |
|---|---|
| Feb '17 | 251 |
| Mar '17 | 401 |
| Apr '17 | 360 |
| May '17 | 268 |
| Jun '17 | 219 |
| Jul '17 | 133 |
| Aug '17 | 169 |
| Sep '17 | 164 |
| Oct '17 | 166 |
| Nov '17 | 168 |
| Dec '17 | 128 |
| Jan '18 | 138 |
| Feb '18 | 150 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 150 | +12 +8.7% up 12, 8.7% versus January 2018 | $614,867 | +$5,099 +0.8% up $5,099, 0.8% versus January 2018 | $580,000 | 32.4% | 4.7 |
| Detached | 120 | +21 +21.2% up 21, 21.2% versus January 2018 | $643,175 | −$211 −0.0% down $211, 0.0% versus January 2018 | $605,125 | 31.3% | 5.0 |
| Semi-detached | 6 | −7 −53.8% down 7, 53.8% versus January 2018 | $573,750 | +$15,250 +2.7% up $15,250, 2.7% versus January 2018 | $582,750 | 33.3% | 3.8 |
| Att/row/townhouse | 16 | +2 +14.3% up 2, 14.3% versus January 2018 | $468,906 | +$5,063 +1.1% up $5,063, 1.1% versus January 2018 | $461,500 | 51.6% | 2.7 |
| Condo townhouse | 0 | −4 −100.0% down 4, 100.0% versus January 2018 | — | n/a not available, prior month not on file versus January 2018 | — | 0.0% | — |
| Condo apartment | 2 | +1 +100.0% up 1, 100.0% versus January 2018 | $441,625 | +$186,625 +73.2% up $186,625, 73.2% versus January 2018 | $441,625 | 28.6% | 5.0 |
| Link | 5 | −2 −28.6% down 2, 28.6% versus January 2018 | $529,160 | −$4,483 −0.8% down $4,483, 0.8% versus January 2018 | $498,000 | 29.4% | 3.2 |
| Co-op apartment | 0 | no change no change versus January 2018 | — | n/a not available, prior month not on file versus January 2018 | — | — | — |
| Detached condo | 1 | +1 up 1 versus January 2018 | $574,900 | n/a not available, prior month not on file versus January 2018 | $574,900 | 20.0% | 12.0 |
| Co-ownership apartment | 0 | no change no change versus January 2018 | — | n/a not available, prior month not on file versus January 2018 | — | — | — |
Movers within Simcoe County
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Essa +9.2% up 9.2%
- Innisfil +1.6% up 1.6%
- Bradford West Gwillimbury −5.6% down 5.6%
- New Tecumseth −8.4% down 8.4%
Bottom 5
- New Tecumseth −8.4% down 8.4%
- Bradford West Gwillimbury −5.6% down 5.6%
- Innisfil +1.6% up 1.6%
- Essa +9.2% up 9.2%
Sales, month-over-month
Top 5
- Bradford West Gwillimbury +20.0% up 20.0%
- New Tecumseth +17.1% up 17.1%
- Innisfil −6.1% down 6.1%
- Essa −21.1% down 21.1%
Bottom 5
- Essa −21.1% down 21.1%
- Innisfil −6.1% down 6.1%
- New Tecumseth +17.1% up 17.1%
- Bradford West Gwillimbury +20.0% up 20.0%
Simcoe County
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$965,125
+$350,025 +56.9% up $350,025, 56.9% versus January 2018
- Sales
- 8
- SP/LP
- 95%
- DOM
- 83
- SNLR
- 36.4%
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$666,265
−$39,635 −5.6% down $39,635, 5.6% versus January 2018
- Sales
- 48
- SP/LP
- 97%
- DOM
- 31
- SNLR
- 34.0%
New Tecumseth
New Tecumseth, Simcoe County
$568,147
−$51,780 −8.4% down $51,780, 8.4% versus January 2018
- Sales
- 48
- SP/LP
- 98%
- DOM
- 36
- SNLR
- 50.5%
Essa
Essa, Simcoe County
$564,833
+$47,444 +9.2% up $47,444, 9.2% versus January 2018
- Sales
- 15
- SP/LP
- 99%
- DOM
- 42
- SNLR
- 31.3%
Innisfil
Innisfil, Simcoe County
$541,444
+$8,439 +1.6% up $8,439, 1.6% versus January 2018
- Sales
- 31
- SP/LP
- 97%
- DOM
- 41
- SNLR
- 19.8%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|