Source: TRREB MarketWatch, August 2021

5 areas

Simcoe County

August 2021

Headline indicators

All home types

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

$977,068

MoM +$24,493 +2.6% up $24,493, 2.6% versus July 2021 YoY +29.8% up 29.8% versus August 2020

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

$899,650

MoM +$39,650 +4.6% up $39,650, 4.6% versus July 2021 YoY +24.7% up 24.7% versus August 2020

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

$755,200

MoM +$1,500 +0.2% up $1,500, 0.2% versus July 2021 YoY +31.3% up 31.3% versus August 2020

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

248

MoM −44 −15.1% down 44, 15.1% versus July 2021 YoY −46.9% down 46.9% versus August 2020

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

$242.3M

MoM −$35,839,091 −12.9% down $35,839,091, 12.9% versus July 2021 YoY −31.1% down 31.1% versus August 2020

New listings — Properties newly listed during the month.

273

MoM −88 −24.4% down 88, 24.4% versus July 2021 YoY −45.8% down 45.8% versus August 2020

Active listings — Listings available at month end.

221

MoM −57 −20.5% down 57, 20.5% versus July 2021 YoY −50.3% down 50.3% versus August 2020

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

18

MoM +2 days +12.5% up 2 days, 12.5% versus July 2021 YoY −28.0% down 28.0% versus August 2020

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

23

MoM +2 days +9.5% up 2 days, 9.5% versus July 2021 YoY −25.8% down 25.8% versus August 2020

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

101%

MoM −1.0 pp −1.0% down 1.0 pp, 1.0% versus July 2021 YoY +2.0% up 2.0% versus August 2020

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

90.8%

MoM +10.0 pp +12.3% up 10.0 pp, 12.3% versus July 2021 YoY −2.0% down 2.0% versus August 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.

0.9

MoM −0 −6.4% down 0, 6.4% versus July 2021 YoY −6.5% down 6.5% versus August 2020

Trend

13 months to August 2021

Average price

Simcoe County average selling price over the 13 months ending August 2021.
Month Average price
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
Aug '21 977068

Sales

Simcoe County sales over the 13 months ending August 2021.
Month Sales
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
Aug '21 248

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 248 −44 −15.1% down 44, 15.1% versus July 2021 $977,068 +$24,493 +2.6% up $24,493, 2.6% versus July 2021 $899,650 90.8% 0.9
Detached 205 −24 −10.5% down 24, 10.5% versus July 2021 $1,011,416 +$6,434 +0.6% up $6,434, 0.6% versus July 2021 $950,000 91.5% 0.9
Semi-detached 5 −7 −58.3% down 7, 58.3% versus July 2021 $792,400 +$12,533 +1.6% up $12,533, 1.6% versus July 2021 $805,000 83.3% 1.0
Att/row/townhouse 21 −8 −27.6% down 8, 27.6% versus July 2021 $909,881 +$94,199 +11.5% up $94,199, 11.5% versus July 2021 $808,000 95.5% 0.6
Condo townhouse 2 +2 up 2 versus July 2021 $630,500 +$630,500 up $630,500 versus July 2021 $630,500 100.0% 0.5
Condo apartment 9 −4 −30.8% down 4, 30.8% versus July 2021 $638,278 +$10,586 +1.7% up $10,586, 1.7% versus July 2021 $630,000 100.0% 1.8
Link 2 −4 −66.7% down 4, 66.7% versus July 2021 $885,000 +$82,850 +10.3% up $82,850, 10.3% versus July 2021 $885,000 66.7% 0.5
Co-op apartment 0 no change no change versus July 2021 $0 no change no change versus July 2021
Detached condo 4 +1 +33.3% up 1, 33.3% versus July 2021 $781,925 +$106,925 +15.8% up $106,925, 15.8% versus July 2021 $793,850 57.1% 1.0
Co-ownership apartment 0 no change no change versus July 2021 $0 no change no change versus July 2021

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 345.7 $755,200 +31.3% up 31.3%
Single-family detached 336.9 $772,900 +32.4% up 32.4%
Single-family attached 390.5 $729,400 +32.9% up 32.9%
Townhouse 307.2 $485,000 +20.7% up 20.7%
Apartment 313.7 $496,100 +17.8% up 17.8%

Movers within Simcoe County

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Bradford West Gwillimbury +4.3% up 4.3%
  2. Innisfil +4.1% up 4.1%
  3. New Tecumseth +3.9% up 3.9%
  4. Essa +0.9% up 0.9%
  5. Adjala-Tosorontio −7.1% down 7.1%

Bottom 5

  1. Adjala-Tosorontio −7.1% down 7.1%
  2. Essa +0.9% up 0.9%
  3. New Tecumseth +3.9% up 3.9%
  4. Innisfil +4.1% up 4.1%
  5. Bradford West Gwillimbury +4.3% up 4.3%

Sales, month-over-month

Top 5

  1. Innisfil −3.0% down 3.0%
  2. Adjala-Tosorontio −6.7% down 6.7%
  3. New Tecumseth −11.0% down 11.0%
  4. Bradford West Gwillimbury −26.4% down 26.4%
  5. Essa −39.4% down 39.4%

Bottom 5

  1. Essa −39.4% down 39.4%
  2. Bradford West Gwillimbury −26.4% down 26.4%
  3. New Tecumseth −11.0% down 11.0%
  4. Adjala-Tosorontio −6.7% down 6.7%
  5. Innisfil −3.0% down 3.0%

Simcoe County

Adjala-Tosorontio

Adjala-Tosorontio, Simcoe County

$1,291,643

−$98,477 −7.1% down $98,477, 7.1% versus July 2021

Sales
14
SP/LP
98%
DOM
25
SNLR
107.7%

Full history →

Bradford West Gwillimbury

Bradford West Gwillimbury, Simcoe County

$1,113,542

+$46,241 +4.3% up $46,241, 4.3% versus July 2021

Sales
53
SP/LP
103%
DOM
16
SNLR
89.8%

Full history →

Innisfil

Innisfil, Simcoe County

$927,497

+$36,867 +4.1% up $36,867, 4.1% versus July 2021

Sales
96
SP/LP
101%
DOM
21
SNLR
102.1%

Full history →

Essa

Essa, Simcoe County

$898,375

+$7,790 +0.9% up $7,790, 0.9% versus July 2021

Sales
20
SP/LP
100%
DOM
15
SNLR
80.0%

Full history →

New Tecumseth

New Tecumseth, Simcoe County

$895,461

+$33,916 +3.9% up $33,916, 3.9% versus July 2021

Sales
65
SP/LP
102%
DOM
13
SNLR
79.3%

Full history →

All Simcoe County areas

0 areas

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