Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$620,218
MoM +$17,338 +2.9% up $17,338, 2.9% versus November 2018 YoY +2.6% up 2.6% versus December 2017
Source: TRREB MarketWatch, December 2018
5 areas
Simcoe County
December 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.
$558,750
MoM −$9,250 −1.6% down $9,250, 1.6% versus November 2018 YoY +2.5% up 2.5% versus December 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 November 2018 YoY n/a not available, prior month not on file versus December 2017
Sales — Firm transactions reported through the MLS® System during the month.
102
MoM −67 −39.6% down 67, 39.6% versus November 2018 YoY −20.3% down 20.3% versus December 2017
Dollar volume — Total value of all sales in the month.
$63.3M
MoM −$38,624,466 −37.9% down $38,624,466, 37.9% versus November 2018 YoY −18.2% down 18.2% versus December 2017
New listings — Properties newly listed during the month.
190
MoM −208 −52.3% down 208, 52.3% versus November 2018 YoY +1.1% up 1.1% versus December 2017
Active listings — Listings available at month end.
695
MoM −201 −22.4% down 201, 22.4% versus November 2018 YoY +13.4% up 13.4% versus December 2017
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
46
MoM +3 days +7.0% up 3 days, 7.0% versus November 2018 YoY −6.1% down 6.1% versus December 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 November 2018 YoY no change no change versus December 2017
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
53.7%
MoM +11.2 pp +26.4% up 11.2 pp, 26.4% versus November 2018 YoY −21.2% down 21.2% versus December 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.
6.8
MoM +2 +28.5% up 2, 28.5% versus November 2018 YoY +42.3% up 42.3% versus December 2017
Trend
13 months to December 2018
Average price
| Month | Average price |
|---|---|
| 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 |
| Dec '18 | 620218 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Dec '18 | 102 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 102 | −67 −39.6% down 67, 39.6% versus November 2018 | $620,218 | +$17,338 +2.9% up $17,338, 2.9% versus November 2018 | $558,750 | 53.7% | 6.8 |
| Detached | 79 | −58 −42.3% down 58, 42.3% versus November 2018 | $644,943 | +$22,182 +3.6% up $22,182, 3.6% versus November 2018 | $595,000 | 49.4% | 7.3 |
| Semi-detached | 4 | −3 −42.9% down 3, 42.9% versus November 2018 | $534,250 | −$83,750 −13.6% down $83,750, 13.6% versus November 2018 | $528,500 | 133.3% | 2.8 |
| Att/row/townhouse | 9 | −6 −40.0% down 6, 40.0% versus November 2018 | $571,250 | +$50,817 +9.8% up $50,817, 9.8% versus November 2018 | $524,250 | 64.3% | 5.4 |
| Condo townhouse | 2 | +1 +100.0% up 1, 100.0% versus November 2018 | $362,500 | −$26,500 −6.8% down $26,500, 6.8% versus November 2018 | $362,500 | 200.0% | 2.0 |
| Condo apartment | 3 | +1 +50.0% up 1, 50.0% versus November 2018 | $382,167 | +$17,167 +4.7% up $17,167, 4.7% versus November 2018 | $323,000 | 50.0% | 8.7 |
| Link | 4 | −2 −33.3% down 2, 33.3% versus November 2018 | $553,000 | +$69,333 +14.3% up $69,333, 14.3% versus November 2018 | $560,000 | 200.0% | 3.0 |
| Co-op apartment | 0 | no change no change versus November 2018 | — | n/a not available, prior month not on file versus November 2018 | — | — | — |
| Detached condo | 1 | no change no change versus November 2018 | $950,000 | +$535,000 +128.9% up $535,000, 128.9% versus November 2018 | $950,000 | 25.0% | 13.0 |
| Co-ownership apartment | 0 | no change no change versus November 2018 | — | n/a not available, prior month not on file versus November 2018 | — | — | — |
Movers within Simcoe County
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Innisfil +12.8% up 12.8%
- Bradford West Gwillimbury +1.3% up 1.3%
- New Tecumseth −5.8% down 5.8%
Bottom 5
- New Tecumseth −5.8% down 5.8%
- Bradford West Gwillimbury +1.3% up 1.3%
- Innisfil +12.8% up 12.8%
Sales, month-over-month
Top 5
- New Tecumseth −31.7% down 31.7%
- Bradford West Gwillimbury −35.2% down 35.2%
- Innisfil −44.4% down 44.4%
Bottom 5
- Innisfil −44.4% down 44.4%
- Bradford West Gwillimbury −35.2% down 35.2%
- New Tecumseth −31.7% down 31.7%
Simcoe County
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$704,375
+$46,262 +7.0% up $46,262, 7.0% versus November 2018
- Sales
- 8
- SP/LP
- 95%
- DOM
- 53
- SNLR
- 66.7%
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$696,471
+$9,156 +1.3% up $9,156, 1.3% versus November 2018
- Sales
- 35
- SP/LP
- 97%
- DOM
- 48
- SNLR
- 112.9%
Innisfil
Innisfil, Simcoe County
$619,520
+$70,254 +12.8% up $70,254, 12.8% versus November 2018
- Sales
- 25
- SP/LP
- 97%
- DOM
- 40
- SNLR
- 31.3%
New Tecumseth
New Tecumseth, Simcoe County
$538,009
−$33,132 −5.8% down $33,132, 5.8% versus November 2018
- Sales
- 28
- SP/LP
- 97%
- DOM
- 46
- SNLR
- 66.7%
Essa
Essa, Simcoe County
$449,750
−$91,825 −17.0% down $91,825, 17.0% versus November 2018
- Sales
- 6
- SP/LP
- 96%
- DOM
- 50
- SNLR
- 24.0%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|