Source: TRREB MarketWatch, July 2021

5 areas

Simcoe County

July 2021

Headline indicators

All home types

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

$952,575

MoM −$33,639 −3.4% YoY +35.1%

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

$860,000

MoM −$39,950 −4.4% YoY +25.9%

MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.

$753,700

MoM +$15,100 +2.0% YoY +31.5%

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

292

MoM −72 −19.8% YoY −36.7%

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

$278.2M

MoM −$80,829,774 −22.5% YoY −14.4%

New listings — Properties newly listed during the month.

361

MoM −106 −22.7% YoY −35.1%

Active listings — Listings available at month end.

278

MoM −48 −14.7% YoY −46.5%

Avg. LDOM — Average days on market for the current listing. Not reported before 2020.

MoM +1 day +6.7% YoY −40.7%

Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.

MoM +3 days +16.7% YoY −38.2%

Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.

102%

MoM −1.0 pp −1.0% YoY +3.0%

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

80.9%

MoM +2.9 pp +3.8% YoY −2.4%

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.

0.9

MoM +0 +6.3% YoY −15.6%

Trend

13 months to July 2021

Average price

Simcoe County average selling price over the 13 months ending July 2021.
Month	Average price
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
Apr '21	894203
May '21	937854
Jun '21	986214
Jul '21	952575

Sales

Simcoe County sales over the 13 months ending July 2021.
Month	Sales
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
Apr '21	525
May '21	421
Jun '21	364
Jul '21	292

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	292	−72 −19.8% down 72, 19.8% versus June 2021	$952,575	−$33,639 −3.4% down $33,639, 3.4% versus June 2021	$860,000	80.9%	0.9
Detached	229	−52 −18.5% down 52, 18.5% versus June 2021	$1,004,982	−$50,608 −4.8% down $50,608, 4.8% versus June 2021	$940,000	76.3%	1.0
Semi-detached	12	+1 +9.1% up 1, 9.1% versus June 2021	$779,867	+$17,685 +2.3% up $17,685, 2.3% versus June 2021	$793,500	120.0%	0.3
Att/row/townhouse	29	−17 −37.0% down 17, 37.0% versus June 2021	$815,682	+$24,493 +3.1% up $24,493, 3.1% versus June 2021	$737,000	93.5%	0.5
Condo townhouse	0	−4 −100.0% down 4, 100.0% versus June 2021	$0	−$689,973 −100.0% down $689,973, 100.0% versus June 2021	—	0.0%	—
Condo apartment	13	+1 +8.3% up 1, 8.3% versus June 2021	$627,692	+$38,625 +6.6% up $38,625, 6.6% versus June 2021	$658,000	100.0%	1.4
Link	6	+2 +50.0% up 2, 50.0% versus June 2021	$802,150	+$18,150 +2.3% up $18,150, 2.3% versus June 2021	$791,500	150.0%	0.0
Co-op apartment	0	no change no change versus June 2021	$0	no change no change versus June 2021	—	—	—
Detached condo	3	−3 −50.0% down 3, 50.0% versus June 2021	$675,000	−$94,600 −12.3% down $94,600, 12.3% versus June 2021	$665,000	150.0%	0.7
Co-ownership apartment	0	no change no change versus June 2021	$0	no change no change versus June 2021	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	345	$753,700	+31.5% up 31.5%
Single-family detached	336.3	$771,500	+34.0% up 34.0%
Single-family attached	386.9	$722,600	+33.5% up 33.5%
Townhouse	308.2	$486,600	+20.9% up 20.9%
Apartment	311.1	$492,000	+16.4% up 16.4%

Movers within Simcoe County

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Essa +3.5% up 3.5%
Bradford West Gwillimbury −2.5% down 2.5%
New Tecumseth −4.0% down 4.0%
Innisfil −4.9% down 4.9%
Adjala-Tosorontio −7.4% down 7.4%

Bottom 5

Adjala-Tosorontio −7.4% down 7.4%
Innisfil −4.9% down 4.9%
New Tecumseth −4.0% down 4.0%
Bradford West Gwillimbury −2.5% down 2.5%
Essa +3.5% up 3.5%

Sales, month-over-month

Top 5

Essa −10.8% down 10.8%
Innisfil −13.2% down 13.2%
Bradford West Gwillimbury −20.0% down 20.0%
Adjala-Tosorontio −21.1% down 21.1%
New Tecumseth −29.8% down 29.8%

Bottom 5

New Tecumseth −29.8% down 29.8%
Adjala-Tosorontio −21.1% down 21.1%
Bradford West Gwillimbury −20.0% down 20.0%
Innisfil −13.2% down 13.2%
Essa −10.8% down 10.8%

Simcoe County

Adjala-Tosorontio

Adjala-Tosorontio, Simcoe County

$1,390,120

−$111,301 −7.4% down $111,301, 7.4% versus June 2021

Sales: 15
SP/LP: 102%
DOM: 16
SNLR: 62.5%

Full history →

Bradford West Gwillimbury

Bradford West Gwillimbury, Simcoe County

$1,067,301

−$27,103 −2.5% down $27,103, 2.5% versus June 2021

Sales: 72
SP/LP: 105%
DOM: 13
SNLR: 85.7%

Full history →

Innisfil

Innisfil, Simcoe County

$890,630

−$46,158 −4.9% down $46,158, 4.9% versus June 2021

Sales: 99
SP/LP: 100%
DOM: 19
SNLR: 75.6%

Full history →

Essa

Essa, Simcoe County

$890,585

+$30,174 +3.5% up $30,174, 3.5% versus June 2021

Sales: 33
SP/LP: 102%
DOM: 10
SNLR: 78.6%

Full history →

New Tecumseth

New Tecumseth, Simcoe County

$861,545

−$35,853 −4.0% down $35,853, 4.0% versus June 2021

Sales: 73
SP/LP: 102%
DOM: 18
SNLR: 91.3%

Full history →

All Simcoe County areas

Home type

0 areas

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