Source: TRREB MarketWatch, June 2018

5 areas

Simcoe County

June 2018

Headline indicators

All home types

Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.

$615,790

MoM +$6,273 +1.0% up $6,273, 1.0% versus May 2018 YoY +1.5% up 1.5% versus June 2017

Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.

$574,500

MoM −$11,500 −2.0% down $11,500, 2.0% versus May 2018 YoY +0.8% up 0.8% versus June 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 May 2018 YoY n/a not available, prior month not on file versus June 2017

Sales — Firm transactions reported through the MLS® System during the month.

232

MoM −11 −4.5% down 11, 4.5% versus May 2018 YoY +5.9% up 5.9% versus June 2017

Dollar volume — Total value of all sales in the month.

$142.9M

MoM −$5,249,428 −3.5% down $5,249,428, 3.5% versus May 2018 YoY +7.6% up 7.6% versus June 2017

New listings — Properties newly listed during the month.

650

MoM −124 −16.0% down 124, 16.0% versus May 2018 YoY −0.6% down 0.6% versus June 2017

Active listings — Listings available at month end.

1,216

MoM +46 +3.9% up 46, 3.9% versus May 2018 YoY +38.5% up 38.5% versus June 2017

Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.

33

MoM no change no change versus May 2018 YoY +65.0% up 65.0% versus June 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 May 2018 YoY −2.0% down 2.0% versus June 2017

SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.

35.7%

MoM +4.3 pp +13.7% up 4.3 pp, 13.7% versus May 2018 YoY +6.6% up 6.6% versus June 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.

5.2

MoM +0 +8.9% up 0, 8.9% versus May 2018 YoY +30.7% up 30.7% versus June 2017

Trend

13 months to June 2018

Average price

Simcoe County average selling price over the 13 months ending June 2018.
Month Average price
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
Jun '18 615790

Sales

Simcoe County sales over the 13 months ending June 2018.
Month Sales
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
Jun '18 232

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 232 −11 −4.5% down 11, 4.5% versus May 2018 $615,790 +$6,273 +1.0% up $6,273, 1.0% versus May 2018 $574,500 35.7% 5.2
Detached 177 −16 −8.3% down 16, 8.3% versus May 2018 $644,588 +$5,646 +0.9% up $5,646, 0.9% versus May 2018 $612,000 32.5% 5.8
Semi-detached 10 +1 +11.1% up 1, 11.1% versus May 2018 $565,250 +$17,361 +3.2% up $17,361, 3.2% versus May 2018 $585,000 66.7% 1.9
Att/row/townhouse 26 +8 +44.4% up 8, 44.4% versus May 2018 $550,904 +$69,821 +14.5% up $69,821, 14.5% versus May 2018 $480,000 59.1% 3.1
Condo townhouse 1 −1 −50.0% down 1, 50.0% versus May 2018 $355,500 −$53,250 −13.0% down $53,250, 13.0% versus May 2018 $355,500 16.7% 13.0
Condo apartment 4 no change no change versus May 2018 $299,750 −$49,500 −14.2% down $49,500, 14.2% versus May 2018 $300,000 22.2% 11.0
Link 9 −3 −25.0% down 3, 25.0% versus May 2018 $503,311 +$478 +0.1% up $478, 0.1% versus May 2018 $492,000 56.3% 2.8
Co-op apartment 0 no change no change versus May 2018 n/a not available, prior month not on file versus May 2018
Detached condo 5 no change no change versus May 2018 $542,200 −$49,400 −8.4% down $49,400, 8.4% versus May 2018 $540,000 83.3% 3.2
Co-ownership apartment 0 no change no change versus May 2018 n/a not available, prior month not on file versus May 2018

Movers within Simcoe County

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Innisfil +6.8% up 6.8%
  2. New Tecumseth −0.3% down 0.3%
  3. Essa −1.1% down 1.1%
  4. Adjala-Tosorontio −4.3% down 4.3%
  5. Bradford West Gwillimbury −5.3% down 5.3%

Bottom 5

  1. Bradford West Gwillimbury −5.3% down 5.3%
  2. Adjala-Tosorontio −4.3% down 4.3%
  3. Essa −1.1% down 1.1%
  4. New Tecumseth −0.3% down 0.3%
  5. Innisfil +6.8% up 6.8%

Sales, month-over-month

Top 5

  1. Adjala-Tosorontio +128.6% up 128.6%
  2. Innisfil +22.0% up 22.0%
  3. Bradford West Gwillimbury −1.8% down 1.8%
  4. New Tecumseth −25.6% down 25.6%
  5. Essa −28.2% down 28.2%

Bottom 5

  1. Essa −28.2% down 28.2%
  2. New Tecumseth −25.6% down 25.6%
  3. Bradford West Gwillimbury −1.8% down 1.8%
  4. Innisfil +22.0% up 22.0%
  5. Adjala-Tosorontio +128.6% up 128.6%

Simcoe County

Adjala-Tosorontio

Adjala-Tosorontio, Simcoe County

$711,212

−$31,931 −4.3% down $31,931, 4.3% versus May 2018

Sales
16
SP/LP
97%
DOM
38
SNLR
44.4%

Full history →

Bradford West Gwillimbury

Bradford West Gwillimbury, Simcoe County

$665,640

−$37,378 −5.3% down $37,378, 5.3% versus May 2018

Sales
55
SP/LP
98%
DOM
23
SNLR
38.5%

Full history →

Innisfil

Innisfil, Simcoe County

$603,978

+$38,617 +6.8% up $38,617, 6.8% versus May 2018

Sales
72
SP/LP
97%
DOM
33
SNLR
29.1%

Full history →

New Tecumseth

New Tecumseth, Simcoe County

$602,158

−$2,056 −0.3% down $2,056, 0.3% versus May 2018

Sales
61
SP/LP
97%
DOM
35
SNLR
43.0%

Full history →

Essa

Essa, Simcoe County

$523,418

−$5,810 −1.1% down $5,810, 1.1% versus May 2018

Sales
28
SP/LP
97%
DOM
43
SNLR
34.1%

Full history →

All Simcoe County areas

0 areas

Area Sales MoM $ volume Average MoM Median New Active SP/LP LDOM PDOM SNLR MOI