Source: TRREB MarketWatch, October 2019

5 areas

Simcoe County

October 2019

Headline indicators

All home types

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

$644,075

MoM +$27,643 +4.5% up $27,643, 4.5% versus September 2019 YoY +5.5% up 5.5% versus October 2018

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

$590,000

MoM −$5,000 −0.8% down $5,000, 0.8% versus September 2019 YoY +2.4% up 2.4% versus October 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 September 2019 YoY n/a not available, prior month not on file versus October 2018

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

296

MoM +40 +15.6% up 40, 15.6% versus September 2019 YoY +18.9% up 18.9% versus October 2018

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

$190.6M

MoM +$32,839,727 +20.8% up $32,839,727, 20.8% versus September 2019 YoY +25.4% up 25.4% versus October 2018

New listings — Properties newly listed during the month.

479

MoM −79 −14.2% down 79, 14.2% versus September 2019 YoY −1.4% down 1.4% versus October 2018

Active listings — Listings available at month end.

871

MoM −129 −12.9% down 129, 12.9% versus September 2019 YoY −12.1% down 12.1% versus October 2018

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

46

MoM +4 days +9.5% up 4 days, 9.5% versus September 2019 YoY +9.5% up 9.5% versus October 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 September 2019 YoY no change no change versus October 2018

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

61.8%

MoM +15.9 pp +34.7% up 15.9 pp, 34.7% versus September 2019 YoY +20.6% up 20.6% versus October 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.

2.9

MoM −1 −24.7% down 1, 24.7% versus September 2019 YoY −26.1% down 26.1% versus October 2018

Trend

13 months to October 2019

Average price

Simcoe County average selling price over the 13 months ending October 2019.
Month Average price
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
Sep '19 616432
Oct '19 644075

Sales

Simcoe County sales over the 13 months ending October 2019.
Month Sales
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
Sep '19 256
Oct '19 296

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 296 +40 +15.6% up 40, 15.6% versus September 2019 $644,075 +$27,643 +4.5% up $27,643, 4.5% versus September 2019 $590,000 61.8% 2.9
Detached 233 +21 +9.9% up 21, 9.9% versus September 2019 $687,850 +$48,647 +7.6% up $48,647, 7.6% versus September 2019 $625,000 60.4% 3.1
Semi-detached 11 +4 +57.1% up 4, 57.1% versus September 2019 $529,855 −$28,702 −5.1% down $28,702, 5.1% versus September 2019 $524,000 157.1% 0.4
Att/row/townhouse 32 +6 +23.1% up 6, 23.1% versus September 2019 $473,747 −$30,088 −6.0% down $30,088, 6.0% versus September 2019 $457,500 66.7% 1.9
Condo townhouse 2 no change no change versus September 2019 $444,500 +$62,750 +16.4% up $62,750, 16.4% versus September 2019 $444,500 66.7% 1.5
Condo apartment 11 +6 +120.0% up 6, 120.0% versus September 2019 $398,818 −$34,182 −7.9% down $34,182, 7.9% versus September 2019 $375,000 64.7% 4.8
Link 4 +2 +100.0% up 2, 100.0% versus September 2019 $568,225 +$53,225 +10.3% up $53,225, 10.3% versus September 2019 $569,950 33.3% 3.0
Co-op apartment 0 no change no change versus September 2019 n/a not available, prior month not on file versus September 2019
Detached condo 3 +1 +50.0% up 1, 50.0% versus September 2019 $613,333 −$50,417 −7.6% down $50,417, 7.6% versus September 2019 $545,000 50.0% 6.0
Co-ownership apartment 0 no change no change versus September 2019 n/a not available, prior month not on file versus September 2019

Movers within Simcoe County

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Innisfil +16.0% up 16.0%
  2. Bradford West Gwillimbury +7.8% up 7.8%
  3. Adjala-Tosorontio −4.8% down 4.8%
  4. New Tecumseth −5.5% down 5.5%
  5. Essa −6.5% down 6.5%

Bottom 5

  1. Essa −6.5% down 6.5%
  2. New Tecumseth −5.5% down 5.5%
  3. Adjala-Tosorontio −4.8% down 4.8%
  4. Bradford West Gwillimbury +7.8% up 7.8%
  5. Innisfil +16.0% up 16.0%

Sales, month-over-month

Top 5

  1. New Tecumseth +32.8% up 32.8%
  2. Essa +23.3% up 23.3%
  3. Bradford West Gwillimbury +21.6% up 21.6%
  4. Adjala-Tosorontio +6.7% up 6.7%
  5. Innisfil no change no change

Bottom 5

  1. Innisfil no change no change
  2. Adjala-Tosorontio +6.7% up 6.7%
  3. Bradford West Gwillimbury +21.6% up 21.6%
  4. Essa +23.3% up 23.3%
  5. New Tecumseth +32.8% up 32.8%

Simcoe County

Bradford West Gwillimbury

Bradford West Gwillimbury, Simcoe County

$760,692

+$55,361 +7.8% up $55,361, 7.8% versus September 2019

Sales
62
SP/LP
98%
DOM
31
SNLR
66.7%

Full history →

Adjala-Tosorontio

Adjala-Tosorontio, Simcoe County

$652,750

−$33,250 −4.8% down $33,250, 4.8% versus September 2019

Sales
16
SP/LP
96%
DOM
67
SNLR
76.2%

Full history →

Innisfil

Innisfil, Simcoe County

$651,572

+$89,758 +16.0% up $89,758, 16.0% versus September 2019

Sales
96
SP/LP
96%
DOM
52
SNLR
47.1%

Full history →

New Tecumseth

New Tecumseth, Simcoe County

$589,106

−$34,404 −5.5% down $34,404, 5.5% versus September 2019

Sales
85
SP/LP
98%
DOM
38
SNLR
82.5%

Full history →

Essa

Essa, Simcoe County

$551,742

−$38,455 −6.5% down $38,455, 6.5% versus September 2019

Sales
37
SP/LP
98%
DOM
61
SNLR
63.8%

Full history →

All Simcoe County areas

0 areas

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