Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$924,585
MoM +$18,732 +2.1% up $18,732, 2.1% versus February 2021 YoY +40.7% up 40.7% versus March 2020
Source: TRREB MarketWatch, March 2021
5 areas
Simcoe County
March 2021
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$850,000
MoM no change no change versus February 2021 YoY +37.6% up 37.6% versus March 2020
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$782,300
MoM +$20,300 +2.7% up $20,300, 2.7% versus February 2021 YoY +35.6% up 35.6% versus March 2020
Sales — Firm transactions reported through the MLS® System during the month.
588
MoM +224 +61.5% up 224, 61.5% versus February 2021 YoY +116.2% up 116.2% versus March 2020
Dollar volume — Total value of all sales in the month.
$543.7M
MoM +$213,925,469 +64.9% up $213,925,469, 64.9% versus February 2021 YoY +204.1% up 204.1% versus March 2020
New listings — Properties newly listed during the month.
838
MoM +275 +48.8% up 275, 48.8% versus February 2021 YoY +69.6% up 69.6% versus March 2020
Active listings — Listings available at month end.
384
MoM +98 +34.3% up 98, 34.3% versus February 2021 YoY −34.9% down 34.9% versus March 2020
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
11
MoM +3 days +37.5% up 3 days, 37.5% versus February 2021 YoY −54.2% down 54.2% versus March 2020
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
13
MoM +3 days +30.0% up 3 days, 30.0% versus February 2021 YoY −56.7% down 56.7% versus March 2020
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
105%
MoM −2.0 pp −1.9% down 2.0 pp, 1.9% versus February 2021 YoY +7.1% up 7.1% versus March 2020
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
70.2%
MoM +5.5 pp +8.5% up 5.5 pp, 8.5% versus February 2021 YoY +27.4% up 27.4% versus March 2020
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.
0.7
MoM −0 −16.9% down 0, 16.9% versus February 2021 YoY −69.9% down 69.9% versus March 2020
Trend
13 months to March 2021
Average price
| Month | Average price |
|---|---|
| Mar '20 | 657299 |
| Apr '20 | 634731 |
| May '20 | 636387 |
| Jun '20 | 692563 |
| Jul '20 | 705073 |
| Aug '20 | 752761 |
| Sep '20 | 739967 |
| Oct '20 | 760720 |
| Nov '20 | 801370 |
| Dec '20 | 834415 |
| Jan '21 | 865241 |
| Feb '21 | 905853 |
| Mar '21 | 924585 |
Sales
| Month | Sales |
|---|---|
| Mar '20 | 272 |
| Apr '20 | 118 |
| May '20 | 182 |
| Jun '20 | 403 |
| Jul '20 | 461 |
| Aug '20 | 467 |
| Sep '20 | 390 |
| Oct '20 | 360 |
| Nov '20 | 287 |
| Dec '20 | 237 |
| Jan '21 | 201 |
| Feb '21 | 364 |
| Mar '21 | 588 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 588 | +224 +61.5% up 224, 61.5% versus February 2021 | $924,585 | +$18,732 +2.1% up $18,732, 2.1% versus February 2021 | $850,000 | 70.2% | 0.7 |
| Detached | 462 | +183 +65.6% up 183, 65.6% versus February 2021 | $978,669 | +$13,230 +1.4% up $13,230, 1.4% versus February 2021 | $900,750 | 70.4% | 0.7 |
| Semi-detached | 26 | +5 +23.8% up 5, 23.8% versus February 2021 | $856,769 | +$20,341 +2.4% up $20,341, 2.4% versus February 2021 | $818,000 | 70.3% | 0.5 |
| Att/row/townhouse | 62 | +26 +72.2% up 26, 72.2% versus February 2021 | $731,031 | +$16,095 +2.3% up $16,095, 2.3% versus February 2021 | $704,611 | 63.3% | 0.7 |
| Condo townhouse | 6 | no change no change versus February 2021 | $576,648 | −$105,169 −15.4% down $105,169, 15.4% versus February 2021 | $585,500 | 100.0% | 0.3 |
| Condo apartment | 17 | +4 +30.8% up 4, 30.8% versus February 2021 | $568,224 | +$70,616 +14.2% up $70,616, 14.2% versus February 2021 | $550,000 | 70.8% | 0.8 |
| Link | 9 | +4 +80.0% up 4, 80.0% versus February 2021 | $727,936 | −$15,351 −2.1% down $15,351, 2.1% versus February 2021 | $715,523 | 64.3% | 0.6 |
| Co-op apartment | 0 | no change no change versus February 2021 | $0 | no change no change versus February 2021 | — | — | — |
| Detached condo | 6 | +2 +50.0% up 2, 50.0% versus February 2021 | $706,667 | +$8,174 +1.2% up $8,174, 1.2% versus February 2021 | $645,000 | 200.0% | 0.0 |
| Co-ownership apartment | 0 | no change no change versus February 2021 | $0 | no change no change versus February 2021 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 357.1 | $782,300 | +35.6% up 35.6% |
| Single-family detached | 337.9 | $761,700 | +34.6% up 34.6% |
| Single-family attached | 365.5 | $677,400 | +42.7% up 42.7% |
| Townhouse | — | — | n/a not available, prior month not on file |
| Apartment | — | — | n/a not available, prior month not on file |
Movers within Simcoe County
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- New Tecumseth +5.2% up 5.2%
- Bradford West Gwillimbury +4.7% up 4.7%
- Innisfil +1.5% up 1.5%
- Essa +0.8% up 0.8%
- Adjala-Tosorontio −4.8% down 4.8%
Bottom 5
- Adjala-Tosorontio −4.8% down 4.8%
- Essa +0.8% up 0.8%
- Innisfil +1.5% up 1.5%
- Bradford West Gwillimbury +4.7% up 4.7%
- New Tecumseth +5.2% up 5.2%
Sales, month-over-month
Top 5
- Adjala-Tosorontio +100.0% up 100.0%
- New Tecumseth +94.2% up 94.2%
- Essa +65.9% up 65.9%
- Innisfil +56.8% up 56.8%
- Bradford West Gwillimbury +32.1% up 32.1%
Bottom 5
- Bradford West Gwillimbury +32.1% up 32.1%
- Innisfil +56.8% up 56.8%
- Essa +65.9% up 65.9%
- New Tecumseth +94.2% up 94.2%
- Adjala-Tosorontio +100.0% up 100.0%
Simcoe County
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$1,127,509
−$57,155 −4.8% down $57,155, 4.8% versus February 2021
- Sales
- 34
- SP/LP
- 105%
- DOM
- 11
- SNLR
- 103.0%
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$1,029,171
+$46,143 +4.7% up $46,143, 4.7% versus February 2021
- Sales
- 140
- SP/LP
- 107%
- DOM
- 11
- SNLR
- 68.0%
Innisfil
Innisfil, Simcoe County
$918,670
+$13,763 +1.5% up $13,763, 1.5% versus February 2021
- Sales
- 174
- SP/LP
- 104%
- DOM
- 14
- SNLR
- 60.0%
New Tecumseth
New Tecumseth, Simcoe County
$855,348
+$42,172 +5.2% up $42,172, 5.2% versus February 2021
- Sales
- 167
- SP/LP
- 106%
- DOM
- 9
- SNLR
- 79.2%
Essa
Essa, Simcoe County
$801,987
+$6,253 +0.8% up $6,253, 0.8% versus February 2021
- Sales
- 73
- SP/LP
- 104%
- DOM
- 13
- SNLR
- 74.5%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|