Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$601,243
MoM −$4,929 −0.8% down $4,929, 0.8% versus February 2019 YoY −5.1% down 5.1% versus March 2018
Source: TRREB MarketWatch, March 2019
5 areas
Simcoe County
March 2019
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$578,750
MoM +$10,250 +1.8% up $10,250, 1.8% versus February 2019 YoY −1.9% down 1.9% versus March 2018
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 2019 YoY n/a not available, prior month not on file versus March 2018
Sales — Firm transactions reported through the MLS® System during the month.
254
MoM +85 +50.3% up 85, 50.3% versus February 2019 YoY +32.3% up 32.3% versus March 2018
Dollar volume — Total value of all sales in the month.
$152.7M
MoM +$50,272,673 +49.1% up $50,272,673, 49.1% versus February 2019 YoY +25.6% up 25.6% versus March 2018
New listings — Properties newly listed during the month.
598
MoM +170 +39.7% up 170, 39.7% versus February 2019 YoY −11.0% down 11.0% versus March 2018
Active listings — Listings available at month end.
915
MoM +121 +15.2% up 121, 15.2% versus February 2019 YoY −3.4% down 3.4% versus March 2018
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
35
MoM −7 days −16.7% down 7 days, 16.7% versus February 2019 YoY +6.1% up 6.1% versus March 2018
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 2019 YoY no change no change versus March 2018
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
42.5%
MoM +3.0 pp +7.6% up 3.0 pp, 7.6% versus February 2019 YoY +48.7% up 48.7% versus March 2018
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.
3.6
MoM −1 −23.3% down 1, 23.3% versus February 2019 YoY −27.0% down 27.0% versus March 2018
Trend
13 months to March 2019
Average price
| Month | Average price |
|---|---|
| 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 |
| Jan '19 | 604337 |
| Feb '19 | 606172 |
| Mar '19 | 601243 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Jan '19 | 141 |
| Feb '19 | 169 |
| Mar '19 | 254 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 254 | +85 +50.3% up 85, 50.3% versus February 2019 | $601,243 | −$4,929 −0.8% down $4,929, 0.8% versus February 2019 | $578,750 | 42.5% | 3.6 |
| Detached | 198 | +64 +47.8% up 64, 47.8% versus February 2019 | $625,881 | −$12,463 −2.0% down $12,463, 2.0% versus February 2019 | $612,500 | 39.8% | 3.8 |
| Semi-detached | 8 | +2 +33.3% up 2, 33.3% versus February 2019 | $518,250 | −$38,833 −7.0% down $38,833, 7.0% versus February 2019 | $525,000 | 88.9% | 1.5 |
| Att/row/townhouse | 34 | +18 +112.5% up 18, 112.5% versus February 2019 | $532,653 | +$98,372 +22.7% up $98,372, 22.7% versus February 2019 | $467,500 | 70.8% | 2.1 |
| Condo townhouse | 2 | −2 −50.0% down 2, 50.0% versus February 2019 | $444,500 | −$153,000 −25.6% down $153,000, 25.6% versus February 2019 | $444,500 | 33.3% | 3.5 |
| Condo apartment | 3 | no change no change versus February 2019 | $342,333 | +$28,000 +8.9% up $28,000, 8.9% versus February 2019 | $330,000 | 18.8% | 11.0 |
| Link | 6 | no change no change versus February 2019 | $482,333 | −$64,500 −11.8% down $64,500, 11.8% versus February 2019 | $457,000 | 50.0% | 3.3 |
| Co-op apartment | 0 | no change no change versus February 2019 | — | n/a not available, prior month not on file versus February 2019 | — | — | — |
| Detached condo | 3 | +3 up 3 versus February 2019 | $575,000 | n/a not available, prior month not on file versus February 2019 | $488,000 | 33.3% | 6.7 |
| Co-ownership apartment | 0 | no change no change versus February 2019 | — | n/a not available, prior month not on file versus February 2019 | — | — | — |
Movers within Simcoe County
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Adjala-Tosorontio +12.2% up 12.2%
- Innisfil +5.1% up 5.1%
- Essa −0.2% down 0.2%
- Bradford West Gwillimbury −0.6% down 0.6%
- New Tecumseth −7.4% down 7.4%
Bottom 5
- New Tecumseth −7.4% down 7.4%
- Bradford West Gwillimbury −0.6% down 0.6%
- Essa −0.2% down 0.2%
- Innisfil +5.1% up 5.1%
- Adjala-Tosorontio +12.2% up 12.2%
Sales, month-over-month
Top 5
- Essa +75.0% up 75.0%
- Innisfil +54.0% up 54.0%
- New Tecumseth +52.6% up 52.6%
- Bradford West Gwillimbury +43.5% up 43.5%
- Adjala-Tosorontio no change no change
Bottom 5
- Adjala-Tosorontio no change no change
- Bradford West Gwillimbury +43.5% up 43.5%
- New Tecumseth +52.6% up 52.6%
- Innisfil +54.0% up 54.0%
- Essa +75.0% up 75.0%
Simcoe County
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$720,727
+$78,145 +12.2% up $78,145, 12.2% versus February 2019
- Sales
- 11
- SP/LP
- 97%
- DOM
- 29
- SNLR
- 40.7%
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$678,903
−$3,760 −0.6% down $3,760, 0.6% versus February 2019
- Sales
- 66
- SP/LP
- 98%
- DOM
- 25
- SNLR
- 50.8%
New Tecumseth
New Tecumseth, Simcoe County
$609,602
−$48,464 −7.4% down $48,464, 7.4% versus February 2019
- Sales
- 58
- SP/LP
- 97%
- DOM
- 29
- SNLR
- 47.5%
Innisfil
Innisfil, Simcoe County
$563,923
+$27,336 +5.1% up $27,336, 5.1% versus February 2019
- Sales
- 77
- SP/LP
- 97%
- DOM
- 44
- SNLR
- 33.6%
Essa
Essa, Simcoe County
$504,788
−$891 −0.2% down $891, 0.2% versus February 2019
- Sales
- 42
- SP/LP
- 97%
- DOM
- 43
- SNLR
- 46.7%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|