Source: TRREB MarketWatch, November 2019

5 areas

Simcoe County

November 2019

Headline indicators

All home types

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

$626,659

MoM −$17,416 −2.7% down $17,416, 2.7% versus October 2019 YoY +3.9% up 3.9% versus November 2018

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

$590,000

MoM no change no change versus October 2019 YoY +3.9% up 3.9% versus November 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 October 2019 YoY n/a not available, prior month not on file versus November 2018

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

246

MoM −50 −16.9% down 50, 16.9% versus October 2019 YoY +45.6% up 45.6% versus November 2018

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

$154.2M

MoM −$36,488,261 −19.1% down $36,488,261, 19.1% versus October 2019 YoY +51.3% up 51.3% versus November 2018

New listings — Properties newly listed during the month.

283

MoM −196 −40.9% down 196, 40.9% versus October 2019 YoY −28.9% down 28.9% versus November 2018

Active listings — Listings available at month end.

676

MoM −195 −22.4% down 195, 22.4% versus October 2019 YoY −24.6% down 24.6% versus November 2018

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

46

MoM no change no change versus October 2019 YoY +7.0% up 7.0% versus November 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 October 2019 YoY no change no change versus November 2018

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

86.9%

MoM +25.1 pp +40.7% up 25.1 pp, 40.7% versus October 2019 YoY +104.7% up 104.7% versus November 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.

2.8

MoM −0 −6.6% down 0, 6.6% versus October 2019 YoY −48.2% down 48.2% versus November 2018

Trend

13 months to November 2019

Average price

Simcoe County average selling price over the 13 months ending November 2019.
Month Average price
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
Nov '19 626659

Sales

Simcoe County sales over the 13 months ending November 2019.
Month Sales
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
Nov '19 246

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 246 −50 −16.9% down 50, 16.9% versus October 2019 $626,659 −$17,416 −2.7% down $17,416, 2.7% versus October 2019 $590,000 86.9% 2.8
Detached 193 −40 −17.2% down 40, 17.2% versus October 2019 $663,433 −$24,417 −3.5% down $24,417, 3.5% versus October 2019 $635,000 87.3% 2.9
Semi-detached 5 −6 −54.5% down 6, 54.5% versus October 2019 $477,080 −$52,775 −10.0% down $52,775, 10.0% versus October 2019 $457,000 45.5% 1.2
Att/row/townhouse 29 −3 −9.4% down 3, 9.4% versus October 2019 $497,503 +$23,756 +5.0% up $23,756, 5.0% versus October 2019 $479,990 107.4% 1.6
Condo townhouse 0 −2 −100.0% down 2, 100.0% versus October 2019 n/a not available, prior month not on file versus October 2019 0.0%
Condo apartment 9 −2 −18.2% down 2, 18.2% versus October 2019 $388,556 −$10,262 −2.6% down $10,262, 2.6% versus October 2019 $339,500 64.3% 4.7
Link 7 +3 +75.0% up 3, 75.0% versus October 2019 $504,857 −$63,368 −11.2% down $63,368, 11.2% versus October 2019 $480,000 175.0% 1.0
Co-op apartment 0 no change no change versus October 2019 n/a not available, prior month not on file versus October 2019
Detached condo 3 no change no change versus October 2019 $757,167 +$143,834 +23.5% up $143,834, 23.5% versus October 2019 $770,000 60.0% 5.7
Co-ownership apartment 0 no change no change versus October 2019 n/a not available, prior month not on file versus October 2019

Movers within Simcoe County

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Essa +8.6% up 8.6%
  2. New Tecumseth +5.1% up 5.1%
  3. Bradford West Gwillimbury −5.2% down 5.2%
  4. Innisfil −10.1% down 10.1%

Bottom 5

  1. Innisfil −10.1% down 10.1%
  2. Bradford West Gwillimbury −5.2% down 5.2%
  3. New Tecumseth +5.1% up 5.1%
  4. Essa +8.6% up 8.6%

Sales, month-over-month

Top 5

  1. Bradford West Gwillimbury −11.3% down 11.3%
  2. Essa −13.5% down 13.5%
  3. Innisfil −14.6% down 14.6%
  4. New Tecumseth −18.8% down 18.8%

Bottom 5

  1. New Tecumseth −18.8% down 18.8%
  2. Innisfil −14.6% down 14.6%
  3. Essa −13.5% down 13.5%
  4. Bradford West Gwillimbury −11.3% down 11.3%

Simcoe County

Bradford West Gwillimbury

Bradford West Gwillimbury, Simcoe County

$720,875

−$39,817 −5.2% down $39,817, 5.2% versus October 2019

Sales
55
SP/LP
98%
DOM
27
SNLR
94.8%

Full history →

New Tecumseth

New Tecumseth, Simcoe County

$619,403

+$30,297 +5.1% up $30,297, 5.1% versus October 2019

Sales
69
SP/LP
97%
DOM
42
SNLR
95.8%

Full history →

Essa

Essa, Simcoe County

$598,919

+$47,177 +8.6% up $47,177, 8.6% versus October 2019

Sales
32
SP/LP
96%
DOM
46
SNLR
139.1%

Full history →

Innisfil

Innisfil, Simcoe County

$585,954

−$65,618 −10.1% down $65,618, 10.1% versus October 2019

Sales
82
SP/LP
97%
DOM
58
SNLR
67.2%

Full history →

Adjala-Tosorontio

Adjala-Tosorontio, Simcoe County

$569,688

−$83,062 −12.7% down $83,062, 12.7% versus October 2019

Sales
8
SP/LP
94%
DOM
80
SNLR
100.0%

Full history →

All Simcoe County areas

0 areas

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