Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$602,880
MoM −$7,719 −1.3% down $7,719, 1.3% versus October 2018 YoY −0.7% down 0.7% versus November 2017
Source: TRREB MarketWatch, November 2018
5 areas
Simcoe County
November 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.
$568,000
MoM −$8,000 −1.4% down $8,000, 1.4% versus October 2018 YoY −1.0% down 1.0% versus November 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 October 2018 YoY n/a not available, prior month not on file versus November 2017
Sales — Firm transactions reported through the MLS® System during the month.
169
MoM −80 −32.1% down 80, 32.1% versus October 2018 YoY +0.6% up 0.6% versus November 2017
Dollar volume — Total value of all sales in the month.
$101.9M
MoM −$50,152,354 −33.0% down $50,152,354, 33.0% versus October 2018 YoY −0.1% down 0.1% versus November 2017
New listings — Properties newly listed during the month.
398
MoM −88 −18.1% down 88, 18.1% versus October 2018 YoY −8.1% down 8.1% versus November 2017
Active listings — Listings available at month end.
896
MoM −95 −9.6% down 95, 9.6% versus October 2018 YoY −1.5% down 1.5% versus November 2017
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
43
MoM +1 day +2.4% up 1 day, 2.4% versus October 2018 YoY +19.4% up 19.4% versus November 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 October 2018 YoY no change no change versus November 2017
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
42.5%
MoM −8.8 pp −17.1% down 8.8 pp, 17.1% versus October 2018 YoY +9.4% up 9.4% versus November 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.
5.3
MoM +1 +33.2% up 1, 33.2% versus October 2018 YoY −2.1% down 2.1% versus November 2017
Trend
13 months to November 2018
Average price
| Month | Average price |
|---|---|
| Nov '17 | 606941 |
| Dec '17 | 604325 |
| Jan '18 | 609768 |
| Feb '18 | 614867 |
| Mar '18 | 633277 |
| Apr '18 | 626634 |
| May '18 | 609517 |
| Jun '18 | 615790 |
| Jul '18 | 591935 |
| Aug '18 | 589309 |
| Sep '18 | 617091 |
| Oct '18 | 610599 |
| Nov '18 | 602880 |
Sales
| Month | Sales |
|---|---|
| Nov '17 | 168 |
| Dec '17 | 128 |
| Jan '18 | 138 |
| Feb '18 | 150 |
| Mar '18 | 192 |
| Apr '18 | 246 |
| May '18 | 243 |
| Jun '18 | 232 |
| Jul '18 | 250 |
| Aug '18 | 226 |
| Sep '18 | 227 |
| Oct '18 | 249 |
| Nov '18 | 169 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 169 | −80 −32.1% down 80, 32.1% versus October 2018 | $602,880 | −$7,719 −1.3% down $7,719, 1.3% versus October 2018 | $568,000 | 42.5% | 5.3 |
| Detached | 137 | −58 −29.7% down 58, 29.7% versus October 2018 | $622,761 | −$14,800 −2.3% down $14,800, 2.3% versus October 2018 | $605,000 | 42.5% | 5.5 |
| Semi-detached | 7 | −1 −12.5% down 1, 12.5% versus October 2018 | $618,000 | +$60,900 +10.9% up $60,900, 10.9% versus October 2018 | $595,000 | 70.0% | 2.0 |
| Att/row/townhouse | 15 | −11 −42.3% down 11, 42.3% versus October 2018 | $520,433 | +$10,805 +2.1% up $10,805, 2.1% versus October 2018 | $520,000 | 41.7% | 3.8 |
| Condo townhouse | 1 | no change no change versus October 2018 | $389,000 | +$54,000 +16.1% up $54,000, 16.1% versus October 2018 | $389,000 | 33.3% | 6.0 |
| Condo apartment | 2 | −6 −75.0% down 6, 75.0% versus October 2018 | $365,000 | −$64,875 −15.1% down $64,875, 15.1% versus October 2018 | $365,000 | 14.3% | 14.5 |
| Link | 6 | −3 −33.3% down 3, 33.3% versus October 2018 | $483,667 | −$64,500 −11.8% down $64,500, 11.8% versus October 2018 | $489,250 | 66.7% | 2.8 |
| Co-op apartment | 0 | no change no change versus October 2018 | — | n/a not available, prior month not on file versus October 2018 | — | — | — |
| Detached condo | 1 | −1 −50.0% down 1, 50.0% versus October 2018 | $415,000 | −$235,000 −36.2% down $235,000, 36.2% versus October 2018 | $415,000 | 25.0% | 21.0 |
| Co-ownership apartment | 0 | no change no change versus October 2018 | — | n/a not available, prior month not on file versus October 2018 | — | — | — |
Movers within Simcoe County
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Essa +11.0% up 11.0%
- Bradford West Gwillimbury +5.0% up 5.0%
- New Tecumseth −2.4% down 2.4%
- Innisfil −7.8% down 7.8%
Bottom 5
- Innisfil −7.8% down 7.8%
- New Tecumseth −2.4% down 2.4%
- Bradford West Gwillimbury +5.0% up 5.0%
- Essa +11.0% up 11.0%
Sales, month-over-month
Top 5
- Essa −16.0% down 16.0%
- Bradford West Gwillimbury −16.9% down 16.9%
- Innisfil −31.8% down 31.8%
- New Tecumseth −43.8% down 43.8%
Bottom 5
- New Tecumseth −43.8% down 43.8%
- Innisfil −31.8% down 31.8%
- Bradford West Gwillimbury −16.9% down 16.9%
- Essa −16.0% down 16.0%
Simcoe County
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$687,315
+$33,026 +5.0% up $33,026, 5.0% versus October 2018
- Sales
- 54
- SP/LP
- 96%
- DOM
- 38
- SNLR
- 49.1%
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$658,113
−$105,287 −13.8% down $105,287, 13.8% versus October 2018
- Sales
- 8
- SP/LP
- 97%
- DOM
- 64
- SNLR
- 61.5%
New Tecumseth
New Tecumseth, Simcoe County
$571,141
−$14,037 −2.4% down $14,037, 2.4% versus October 2018
- Sales
- 41
- SP/LP
- 98%
- DOM
- 43
- SNLR
- 50.0%
Innisfil
Innisfil, Simcoe County
$549,266
−$46,550 −7.8% down $46,550, 7.8% versus October 2018
- Sales
- 45
- SP/LP
- 96%
- DOM
- 40
- SNLR
- 30.2%
Essa
Essa, Simcoe County
$541,575
+$53,559 +11.0% up $53,559, 11.0% versus October 2018
- Sales
- 21
- SP/LP
- 97%
- DOM
- 50
- SNLR
- 47.7%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|