Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$609,517
MoM −$17,117 −2.7% down $17,117, 2.7% versus April 2018 YoY −12.3% down 12.3% versus May 2017
Source: TRREB MarketWatch, May 2018
5 areas
Simcoe County
May 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.
$586,000
MoM +$8,500 +1.5% up $8,500, 1.5% versus April 2018 YoY +0.4% up 0.4% versus May 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 April 2018 YoY n/a not available, prior month not on file versus May 2017
Sales — Firm transactions reported through the MLS® System during the month.
243
MoM −3 −1.2% down 3, 1.2% versus April 2018 YoY −9.3% down 9.3% versus May 2017
Dollar volume — Total value of all sales in the month.
$148.1M
MoM −$6,039,223 −3.9% down $6,039,223, 3.9% versus April 2018 YoY −20.5% down 20.5% versus May 2017
New listings — Properties newly listed during the month.
774
MoM +190 +32.5% up 190, 32.5% versus April 2018 YoY −6.1% down 6.1% versus May 2017
Active listings — Listings available at month end.
1,170
MoM +153 +15.0% up 153, 15.0% versus April 2018 YoY +56.8% up 56.8% versus May 2017
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
33
MoM +4 days +13.8% up 4 days, 13.8% versus April 2018 YoY +153.8% up 153.8% versus May 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 April 2018 YoY −3.0% down 3.0% versus May 2017
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
31.4%
MoM −10.7 pp −25.5% down 10.7 pp, 25.5% versus April 2018 YoY −3.5% down 3.5% versus May 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.
4.8
MoM +1 +16.5% up 1, 16.5% versus April 2018 YoY +73.0% up 73.0% versus May 2017
Trend
13 months to May 2018
Average price
| Month | Average price |
|---|---|
| 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 |
| Apr '18 | 626634 |
| May '18 | 609517 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Apr '18 | 246 |
| May '18 | 243 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 243 | −3 −1.2% down 3, 1.2% versus April 2018 | $609,517 | −$17,117 −2.7% down $17,117, 2.7% versus April 2018 | $586,000 | 31.4% | 4.8 |
| Detached | 193 | +19 +10.9% up 19, 10.9% versus April 2018 | $638,942 | −$43,217 −6.3% down $43,217, 6.3% versus April 2018 | $620,000 | 31.1% | 5.0 |
| Semi-detached | 9 | −5 −35.7% down 5, 35.7% versus April 2018 | $547,889 | −$5,961 −1.1% down $5,961, 1.1% versus April 2018 | $560,000 | 45.0% | 2.2 |
| Att/row/townhouse | 18 | −15 −45.5% down 15, 45.5% versus April 2018 | $481,083 | +$8,123 +1.7% up $8,123, 1.7% versus April 2018 | $467,000 | 25.7% | 4.8 |
| Condo townhouse | 2 | +1 +100.0% up 1, 100.0% versus April 2018 | $408,750 | +$38,850 +10.5% up $38,850, 10.5% versus April 2018 | $408,750 | 22.2% | 4.5 |
| Condo apartment | 4 | no change no change versus April 2018 | $349,250 | −$106,850 −23.4% down $106,850, 23.4% versus April 2018 | $353,500 | 18.2% | 9.5 |
| Link | 12 | −7 −36.8% down 7, 36.8% versus April 2018 | $502,833 | +$7,017 +1.4% up $7,017, 1.4% versus April 2018 | $501,000 | 48.0% | 1.8 |
| Co-op apartment | 0 | no change no change versus April 2018 | — | n/a not available, prior month not on file versus April 2018 | — | — | — |
| Detached condo | 5 | +4 +400.0% up 4, 400.0% versus April 2018 | $591,600 | +$111,600 +23.3% up $111,600, 23.3% versus April 2018 | $540,000 | 62.5% | 4.6 |
| Co-ownership apartment | 0 | no change no change versus April 2018 | — | n/a not available, prior month not on file versus April 2018 | — | — | — |
Movers within Simcoe County
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Essa +8.6% up 8.6%
- Bradford West Gwillimbury +3.1% up 3.1%
- New Tecumseth −0.8% down 0.8%
- Innisfil −16.3% down 16.3%
Bottom 5
- Innisfil −16.3% down 16.3%
- New Tecumseth −0.8% down 0.8%
- Bradford West Gwillimbury +3.1% up 3.1%
- Essa +8.6% up 8.6%
Sales, month-over-month
Top 5
- New Tecumseth +39.0% up 39.0%
- Innisfil no change no change
- Bradford West Gwillimbury −12.5% down 12.5%
- Essa −25.0% down 25.0%
Bottom 5
- Essa −25.0% down 25.0%
- Bradford West Gwillimbury −12.5% down 12.5%
- Innisfil no change no change
- New Tecumseth +39.0% up 39.0%
Simcoe County
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$743,143
−$39,993 −5.1% down $39,993, 5.1% versus April 2018
- Sales
- 7
- SP/LP
- 98%
- DOM
- 22
- SNLR
- 20.0%
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$703,018
+$21,115 +3.1% up $21,115, 3.1% versus April 2018
- Sales
- 56
- SP/LP
- 97%
- DOM
- 28
- SNLR
- 29.8%
New Tecumseth
New Tecumseth, Simcoe County
$604,214
−$4,849 −0.8% down $4,849, 0.8% versus April 2018
- Sales
- 82
- SP/LP
- 98%
- DOM
- 37
- SNLR
- 48.0%
Innisfil
Innisfil, Simcoe County
$565,361
−$109,805 −16.3% down $109,805, 16.3% versus April 2018
- Sales
- 59
- SP/LP
- 97%
- DOM
- 34
- SNLR
- 20.3%
Essa
Essa, Simcoe County
$529,228
+$41,863 +8.6% up $41,863, 8.6% versus April 2018
- Sales
- 39
- SP/LP
- 96%
- DOM
- 31
- SNLR
- 43.8%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|