Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$626,194
MoM −$13,171 −2.1% down $13,171, 2.1% versus July 2019 YoY +6.3% up 6.3% versus August 2018
Source: TRREB MarketWatch, August 2019
5 areas
Simcoe County
August 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.
$595,000
MoM −$10,200 −1.7% down $10,200, 1.7% versus July 2019 YoY +10.7% up 10.7% versus August 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 July 2019 YoY n/a not available, prior month not on file versus August 2018
Sales — Firm transactions reported through the MLS® System during the month.
269
MoM −9 −3.2% down 9, 3.2% versus July 2019 YoY +19.0% up 19.0% versus August 2018
Dollar volume — Total value of all sales in the month.
$168.4M
MoM −$9,297,327 −5.2% down $9,297,327, 5.2% versus July 2019 YoY +26.5% up 26.5% versus August 2018
New listings — Properties newly listed during the month.
475
MoM −125 −20.8% down 125, 20.8% versus July 2019 YoY −11.0% down 11.0% versus August 2018
Active listings — Listings available at month end.
1,006
MoM −88 −8.0% down 88, 8.0% versus July 2019 YoY −7.5% down 7.5% versus August 2018
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
36
MoM +1 day +2.9% up 1 day, 2.9% versus July 2019 YoY −10.0% down 10.0% versus August 2018
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
98%
MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus July 2019 YoY +1.0% up 1.0% versus August 2018
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
56.6%
MoM +10.3 pp +22.2% up 10.3 pp, 22.2% versus July 2019 YoY +33.8% up 33.8% versus August 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.
3.7
MoM −0 −5.0% down 0, 5.0% versus July 2019 YoY −22.3% down 22.3% versus August 2018
Trend
13 months to August 2019
Average price
| Month | Average price |
|---|---|
| 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 |
| Aug '19 | 626194 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Aug '19 | 269 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 269 | −9 −3.2% down 9, 3.2% versus July 2019 | $626,194 | −$13,171 −2.1% down $13,171, 2.1% versus July 2019 | $595,000 | 56.6% | 3.7 |
| Detached | 217 | −6 −2.7% down 6, 2.7% versus July 2019 | $653,200 | −$16,616 −2.5% down $16,616, 2.5% versus July 2019 | $620,000 | 54.0% | 3.9 |
| Semi-detached | 9 | −7 −43.8% down 7, 43.8% versus July 2019 | $493,611 | −$87,839 −15.1% down $87,839, 15.1% versus July 2019 | $523,000 | 128.6% | 1.4 |
| Att/row/townhouse | 28 | +4 +16.7% up 4, 16.7% versus July 2019 | $519,738 | +$18,143 +3.6% up $18,143, 3.6% versus July 2019 | $472,500 | 73.7% | 2.4 |
| Condo townhouse | 0 | −1 −100.0% down 1, 100.0% versus July 2019 | — | n/a not available, prior month not on file versus July 2019 | — | 0.0% | — |
| Condo apartment | 4 | −1 −20.0% down 1, 20.0% versus July 2019 | $419,625 | +$86,845 +26.1% up $86,845, 26.1% versus July 2019 | $435,000 | 26.7% | 14.8 |
| Link | 7 | +2 +40.0% up 2, 40.0% versus July 2019 | $531,857 | −$5,743 −1.1% down $5,743, 1.1% versus July 2019 | $535,000 | 140.0% | 1.6 |
| Co-op apartment | 0 | no change no change versus July 2019 | — | n/a not available, prior month not on file versus July 2019 | — | — | — |
| Detached condo | 4 | no change no change versus July 2019 | $576,250 | −$10,250 −1.7% down $10,250, 1.7% versus July 2019 | $592,500 | 80.0% | 4.5 |
| Co-ownership apartment | 0 | no change no change versus July 2019 | — | n/a not available, prior month not on file versus July 2019 | — | — | — |
Movers within Simcoe County
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Innisfil +7.2% up 7.2%
- Essa +2.6% up 2.6%
- Bradford West Gwillimbury +0.9% up 0.9%
- Adjala-Tosorontio −1.0% down 1.0%
- New Tecumseth −10.2% down 10.2%
Bottom 5
- New Tecumseth −10.2% down 10.2%
- Adjala-Tosorontio −1.0% down 1.0%
- Bradford West Gwillimbury +0.9% up 0.9%
- Essa +2.6% up 2.6%
- Innisfil +7.2% up 7.2%
Sales, month-over-month
Top 5
- Essa +104.5% up 104.5%
- New Tecumseth −9.5% down 9.5%
- Bradford West Gwillimbury −10.0% down 10.0%
- Innisfil −15.5% down 15.5%
- Adjala-Tosorontio −22.2% down 22.2%
Bottom 5
- Adjala-Tosorontio −22.2% down 22.2%
- Innisfil −15.5% down 15.5%
- Bradford West Gwillimbury −10.0% down 10.0%
- New Tecumseth −9.5% down 9.5%
- Essa +104.5% up 104.5%
Simcoe County
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$718,571
+$6,450 +0.9% up $6,450, 0.9% versus July 2019
- Sales
- 63
- SP/LP
- 98%
- DOM
- 24
- SNLR
- 64.3%
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$705,607
−$6,880 −1.0% down $6,880, 1.0% versus July 2019
- Sales
- 14
- SP/LP
- 95%
- DOM
- 54
- SNLR
- 87.5%
New Tecumseth
New Tecumseth, Simcoe County
$603,488
−$68,402 −10.2% down $68,402, 10.2% versus July 2019
- Sales
- 76
- SP/LP
- 98%
- DOM
- 32
- SNLR
- 58.0%
Innisfil
Innisfil, Simcoe County
$595,363
+$40,126 +7.2% up $40,126, 7.2% versus July 2019
- Sales
- 71
- SP/LP
- 97%
- DOM
- 46
- SNLR
- 39.4%
Essa
Essa, Simcoe County
$559,148
+$14,084 +2.6% up $14,084, 2.6% versus July 2019
- Sales
- 45
- SP/LP
- 97%
- DOM
- 39
- SNLR
- 90.0%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|