Source: TRREB MarketWatch, December 2019

5 areas

Simcoe County

December 2019

Headline indicators

All home types

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

$654,746

MoM +$28,087 +4.5% up $28,087, 4.5% versus November 2019 YoY +5.6% up 5.6% versus December 2018

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

$638,950

MoM +$48,950 +8.3% up $48,950, 8.3% versus November 2019 YoY +14.4% up 14.4% versus December 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 November 2019 YoY n/a not available, prior month not on file versus December 2018

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

150

MoM −96 −39.0% down 96, 39.0% versus November 2019 YoY +47.1% up 47.1% versus December 2018

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

$98.2M

MoM −$55,946,109 −36.3% down $55,946,109, 36.3% versus November 2019 YoY +55.2% up 55.2% versus December 2018

New listings — Properties newly listed during the month.

120

MoM −163 −57.6% down 163, 57.6% versus November 2019 YoY −36.8% down 36.8% versus December 2018

Active listings — Listings available at month end.

466

MoM −210 −31.1% down 210, 31.1% versus November 2019 YoY −32.9% down 32.9% versus December 2018

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

41

MoM −5 days −10.9% down 5 days, 10.9% versus November 2019 YoY −10.9% down 10.9% versus December 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 November 2019 YoY no change no change versus December 2018

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

125.0%

MoM +38.1 pp +43.8% up 38.1 pp, 43.8% versus November 2019 YoY +132.8% up 132.8% versus December 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.

3.1

MoM +0 +13.1% up 0, 13.1% versus November 2019 YoY −54.4% down 54.4% versus December 2018

Trend

13 months to December 2019

Average price

Simcoe County average selling price over the 13 months ending December 2019.
Month Average price
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
Dec '19 654746

Sales

Simcoe County sales over the 13 months ending December 2019.
Month Sales
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
Dec '19 150

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 150 −96 −39.0% down 96, 39.0% versus November 2019 $654,746 +$28,087 +4.5% up $28,087, 4.5% versus November 2019 $638,950 125.0% 3.1
Detached 119 −74 −38.3% down 74, 38.3% versus November 2019 $682,038 +$18,605 +2.8% up $18,605, 2.8% versus November 2019 $665,996 119.0% 3.2
Semi-detached 5 no change no change versus November 2019 $618,000 +$140,920 +29.5% up $140,920, 29.5% versus November 2019 $635,000 125.0% 1.0
Att/row/townhouse 16 −13 −44.8% down 13, 44.8% versus November 2019 $543,400 +$45,897 +9.2% up $45,897, 9.2% versus November 2019 $492,250 160.0% 1.8
Condo townhouse 0 no change no change versus November 2019 n/a not available, prior month not on file versus November 2019
Condo apartment 3 −6 −66.7% down 6, 66.7% versus November 2019 $325,667 −$62,889 −16.2% down $62,889, 16.2% versus November 2019 $340,000 150.0% 10.7
Link 5 −2 −28.6% down 2, 28.6% versus November 2019 $564,100 +$59,243 +11.7% up $59,243, 11.7% versus November 2019 $575,500 166.7% 0.8
Co-op apartment 0 no change no change versus November 2019 n/a not available, prior month not on file versus November 2019
Detached condo 2 −1 −33.3% down 1, 33.3% versus November 2019 $733,750 −$23,417 −3.1% down $23,417, 3.1% versus November 2019 $733,750 200.0% 5.5
Co-ownership apartment 0 no change no change versus November 2019 n/a not available, prior month not on file versus November 2019

Movers within Simcoe County

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Innisfil +8.7% up 8.7%
  2. Bradford West Gwillimbury +8.1% up 8.1%
  3. Essa +2.6% up 2.6%
  4. New Tecumseth −4.6% down 4.6%

Bottom 5

  1. New Tecumseth −4.6% down 4.6%
  2. Essa +2.6% up 2.6%
  3. Bradford West Gwillimbury +8.1% up 8.1%
  4. Innisfil +8.7% up 8.7%

Sales, month-over-month

Top 5

  1. Bradford West Gwillimbury −34.5% down 34.5%
  2. New Tecumseth −37.7% down 37.7%
  3. Innisfil −37.8% down 37.8%
  4. Essa −59.4% down 59.4%

Bottom 5

  1. Essa −59.4% down 59.4%
  2. Innisfil −37.8% down 37.8%
  3. New Tecumseth −37.7% down 37.7%
  4. Bradford West Gwillimbury −34.5% down 34.5%

Simcoe County

Bradford West Gwillimbury

Bradford West Gwillimbury, Simcoe County

$779,444

+$58,569 +8.1% up $58,569, 8.1% versus November 2019

Sales
36
SP/LP
97%
DOM
31
SNLR
163.6%

Full history →

Innisfil

Innisfil, Simcoe County

$636,702

+$50,748 +8.7% up $50,748, 8.7% versus November 2019

Sales
51
SP/LP
97%
DOM
52
SNLR
137.8%

Full history →

Essa

Essa, Simcoe County

$614,500

+$15,581 +2.6% up $15,581, 2.6% versus November 2019

Sales
13
SP/LP
95%
DOM
30
SNLR
81.3%

Full history →

Adjala-Tosorontio

Adjala-Tosorontio, Simcoe County

$612,700

+$43,012 +7.6% up $43,012, 7.6% versus November 2019

Sales
7
SP/LP
97%
DOM
55
SNLR
116.7%

Full history →

New Tecumseth

New Tecumseth, Simcoe County

$590,761

−$28,642 −4.6% down $28,642, 4.6% versus November 2019

Sales
43
SP/LP
98%
DOM
36
SNLR
110.3%

Full history →

All Simcoe County areas

0 areas

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