Source: TRREB MarketWatch, July 2019

5 areas

Simcoe County

July 2019

Headline indicators

All home types

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

$639,365

MoM +$5,345 +0.8% up $5,345, 0.8% versus June 2019 YoY +8.0% up 8.0% versus July 2018

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

$605,200

MoM +$12,700 +2.1% up $12,700, 2.1% versus June 2019 YoY +5.7% up 5.7% versus July 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 June 2019 YoY n/a not available, prior month not on file versus July 2018

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

278

MoM −10 −3.5% down 10, 3.5% versus June 2019 YoY +11.2% up 11.2% versus July 2018

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

$177.7M

MoM −$4,854,243 −2.7% down $4,854,243, 2.7% versus June 2019 YoY +20.1% up 20.1% versus July 2018

New listings — Properties newly listed during the month.

600

MoM −36 −5.7% down 36, 5.7% versus June 2019 YoY +8.9% up 8.9% versus July 2018

Active listings — Listings available at month end.

1,094

MoM −49 −4.3% down 49, 4.3% versus June 2019 YoY −4.9% down 4.9% versus July 2018

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

35

MoM +1 day +2.9% up 1 day, 2.9% versus June 2019 YoY −12.5% down 12.5% versus July 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 June 2019 YoY no change no change versus July 2018

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

46.3%

MoM +1.1 pp +2.3% up 1.1 pp, 2.3% versus June 2019 YoY +2.1% up 2.1% versus July 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.

3.9

MoM −0 −0.8% down 0, 0.8% versus June 2019 YoY −14.5% down 14.5% versus July 2018

Trend

13 months to July 2019

Average price

Simcoe County average selling price over the 13 months ending July 2019.
Month Average price
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
Apr '19 593337
May '19 617221
Jun '19 634020
Jul '19 639365

Sales

Simcoe County sales over the 13 months ending July 2019.
Month Sales
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
Apr '19 312
May '19 318
Jun '19 288
Jul '19 278

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 278 −10 −3.5% down 10, 3.5% versus June 2019 $639,365 +$5,345 +0.8% up $5,345, 0.8% versus June 2019 $605,200 46.3% 3.9
Detached 223 −7 −3.0% down 7, 3.0% versus June 2019 $669,816 +$3,099 +0.5% up $3,099, 0.5% versus June 2019 $645,000 46.1% 4.1
Semi-detached 16 +10 +166.7% up 10, 166.7% versus June 2019 $581,450 +$53,800 +10.2% up $53,800, 10.2% versus June 2019 $592,900 80.0% 1.1
Att/row/townhouse 24 −1 −4.0% down 1, 4.0% versus June 2019 $501,595 +$26,711 +5.6% up $26,711, 5.6% versus June 2019 $480,000 50.0% 3.0
Condo townhouse 1 −1 −50.0% down 1, 50.0% versus June 2019 $335,000 −$192,500 −36.5% down $192,500, 36.5% versus June 2019 $335,000 50.0% 3.0
Condo apartment 5 no change no change versus June 2019 $332,780 −$46,220 −12.2% down $46,220, 12.2% versus June 2019 $339,900 18.5% 11.0
Link 5 −6 −54.5% down 6, 54.5% versus June 2019 $537,600 +$42,555 +8.6% up $42,555, 8.6% versus June 2019 $570,000 38.5% 3.0
Co-op apartment 0 no change no change versus June 2019 n/a not available, prior month not on file versus June 2019
Detached condo 4 −5 −55.6% down 5, 55.6% versus June 2019 $586,500 −$60,072 −9.3% down $60,072, 9.3% versus June 2019 $529,000 66.7% 6.0
Co-ownership apartment 0 no change no change versus June 2019 n/a not available, prior month not on file versus June 2019

Movers within Simcoe County

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Essa +6.3% up 6.3%
  2. New Tecumseth +5.2% up 5.2%
  3. Innisfil −1.8% down 1.8%
  4. Bradford West Gwillimbury −4.1% down 4.1%
  5. Adjala-Tosorontio −8.4% down 8.4%

Bottom 5

  1. Adjala-Tosorontio −8.4% down 8.4%
  2. Bradford West Gwillimbury −4.1% down 4.1%
  3. Innisfil −1.8% down 1.8%
  4. New Tecumseth +5.2% up 5.2%
  5. Essa +6.3% up 6.3%

Sales, month-over-month

Top 5

  1. Innisfil +12.0% up 12.0%
  2. Adjala-Tosorontio +5.9% up 5.9%
  3. Bradford West Gwillimbury +1.4% up 1.4%
  4. New Tecumseth no change no change
  5. Essa −48.8% down 48.8%

Bottom 5

  1. Essa −48.8% down 48.8%
  2. New Tecumseth no change no change
  3. Bradford West Gwillimbury +1.4% up 1.4%
  4. Adjala-Tosorontio +5.9% up 5.9%
  5. Innisfil +12.0% up 12.0%

Simcoe County

Adjala-Tosorontio

Adjala-Tosorontio, Simcoe County

$712,487

−$65,145 −8.4% down $65,145, 8.4% versus June 2019

Sales
18
SP/LP
97%
DOM
54
SNLR
58.1%

Full history →

Bradford West Gwillimbury

Bradford West Gwillimbury, Simcoe County

$712,121

−$30,654 −4.1% down $30,654, 4.1% versus June 2019

Sales
70
SP/LP
98%
DOM
27
SNLR
53.9%

Full history →

New Tecumseth

New Tecumseth, Simcoe County

$671,890

+$33,121 +5.2% up $33,121, 5.2% versus June 2019

Sales
84
SP/LP
97%
DOM
41
SNLR
65.1%

Full history →

Innisfil

Innisfil, Simcoe County

$555,237

−$10,322 −1.8% down $10,322, 1.8% versus June 2019

Sales
84
SP/LP
97%
DOM
34
SNLR
35.4%

Full history →

Essa

Essa, Simcoe County

$545,064

+$32,206 +6.3% up $32,206, 6.3% versus June 2019

Sales
22
SP/LP
97%
DOM
34
SNLR
30.1%

Full history →

All Simcoe County areas

0 areas

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