Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$633,277
MoM +$18,410 +3.0% up $18,410, 3.0% versus February 2018 YoY −16.3% down 16.3% versus March 2017
Source: TRREB MarketWatch, March 2018
5 areas
Simcoe County
March 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.
$590,000
MoM +$10,000 +1.7% up $10,000, 1.7% versus February 2018 YoY −9.5% down 9.5% versus March 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 February 2018 YoY n/a not available, prior month not on file versus March 2017
Sales — Firm transactions reported through the MLS® System during the month.
192
MoM +42 +28.0% up 42, 28.0% versus February 2018 YoY −52.1% down 52.1% versus March 2017
Dollar volume — Total value of all sales in the month.
$121.6M
MoM +$29,359,138 +31.8% up $29,359,138, 31.8% versus February 2018 YoY −59.9% down 59.9% versus March 2017
New listings — Properties newly listed during the month.
672
MoM +209 +45.1% up 209, 45.1% versus February 2018 YoY +21.3% up 21.3% versus March 2017
Active listings — Listings available at month end.
947
MoM +245 +34.9% up 245, 34.9% versus February 2018 YoY +237.0% up 237.0% versus March 2017
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
33
MoM −5 days −13.2% down 5 days, 13.2% versus February 2018 YoY +153.8% up 153.8% versus March 2017
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
97%
MoM no change no change versus February 2018 YoY −7.6% down 7.6% versus March 2017
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
28.6%
MoM −3.8 pp −11.8% down 3.8 pp, 11.8% versus February 2018 YoY −60.5% down 60.5% versus March 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.
4.9
MoM +0 +5.4% up 0, 5.4% versus February 2018 YoY +603.9% up 603.9% versus March 2017
Trend
13 months to March 2018
Average price
| Month | Average price |
|---|---|
| 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 |
| Mar '18 | 633277 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Mar '18 | 192 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 192 | +42 +28.0% up 42, 28.0% versus February 2018 | $633,277 | +$18,410 +3.0% up $18,410, 3.0% versus February 2018 | $590,000 | 28.6% | 4.9 |
| Detached | 144 | +24 +20.0% up 24, 20.0% versus February 2018 | $670,143 | +$26,968 +4.2% up $26,968, 4.2% versus February 2018 | $605,000 | 26.8% | 5.5 |
| Semi-detached | 14 | +8 +133.3% up 8, 133.3% versus February 2018 | $570,250 | −$3,500 −0.6% down $3,500, 0.6% versus February 2018 | $590,000 | 63.6% | 1.6 |
| Att/row/townhouse | 23 | +7 +43.8% up 7, 43.8% versus February 2018 | $479,399 | +$10,493 +2.2% up $10,493, 2.2% versus February 2018 | $465,000 | 43.4% | 2.4 |
| Condo townhouse | 2 | +2 up 2 versus February 2018 | $427,500 | n/a not available, prior month not on file versus February 2018 | $427,500 | 100.0% | 1.0 |
| Condo apartment | 0 | −2 −100.0% down 2, 100.0% versus February 2018 | — | n/a not available, prior month not on file versus February 2018 | — | 0.0% | — |
| Link | 5 | no change no change versus February 2018 | $496,780 | −$32,380 −6.1% down $32,380, 6.1% versus February 2018 | $444,900 | 17.9% | 6.4 |
| Co-op apartment | 0 | no change no change versus February 2018 | — | n/a not available, prior month not on file versus February 2018 | — | — | — |
| Detached condo | 4 | +3 +300.0% up 3, 300.0% versus February 2018 | $685,000 | +$110,100 +19.2% up $110,100, 19.2% versus February 2018 | $645,000 | 30.8% | 4.8 |
| Co-ownership apartment | 0 | no change no change versus February 2018 | — | n/a not available, prior month not on file versus February 2018 | — | — | — |
Movers within Simcoe County
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Innisfil +15.2% up 15.2%
- New Tecumseth +7.2% up 7.2%
- Bradford West Gwillimbury +3.1% up 3.1%
- Essa −10.1% down 10.1%
- Adjala-Tosorontio −13.6% down 13.6%
Bottom 5
- Adjala-Tosorontio −13.6% down 13.6%
- Essa −10.1% down 10.1%
- Bradford West Gwillimbury +3.1% up 3.1%
- New Tecumseth +7.2% up 7.2%
- Innisfil +15.2% up 15.2%
Sales, month-over-month
Top 5
- Essa +66.7% up 66.7%
- Innisfil +64.5% up 64.5%
- Adjala-Tosorontio +50.0% up 50.0%
- New Tecumseth +16.7% up 16.7%
- Bradford West Gwillimbury no change no change
Bottom 5
- Bradford West Gwillimbury no change no change
- New Tecumseth +16.7% up 16.7%
- Adjala-Tosorontio +50.0% up 50.0%
- Innisfil +64.5% up 64.5%
- Essa +66.7% up 66.7%
Simcoe County
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$834,325
−$130,800 −13.6% down $130,800, 13.6% versus February 2018
- Sales
- 12
- SP/LP
- 95%
- DOM
- 51
- SNLR
- 42.9%
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$686,986
+$20,721 +3.1% up $20,721, 3.1% versus February 2018
- Sales
- 48
- SP/LP
- 97%
- DOM
- 30
- SNLR
- 28.2%
Innisfil
Innisfil, Simcoe County
$623,596
+$82,152 +15.2% up $82,152, 15.2% versus February 2018
- Sales
- 51
- SP/LP
- 96%
- DOM
- 34
- SNLR
- 24.2%
New Tecumseth
New Tecumseth, Simcoe County
$609,010
+$40,863 +7.2% up $40,863, 7.2% versus February 2018
- Sales
- 56
- SP/LP
- 98%
- DOM
- 35
- SNLR
- 35.0%
Essa
Essa, Simcoe County
$507,756
−$57,077 −10.1% down $57,077, 10.1% versus February 2018
- Sales
- 25
- SP/LP
- 98%
- DOM
- 25
- SNLR
- 24.3%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|