Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,183,775
MoM −$48,704 −4.0% down $48,704, 4.0% versus February 2022 YoY +28.0% up 28.0% versus March 2021
Source: TRREB MarketWatch, March 2022
5 areas
Simcoe County
March 2022
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$1,100,000
MoM −$50,000 −4.3% down $50,000, 4.3% versus February 2022 YoY +29.4% up 29.4% versus March 2021
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$970,400
MoM +$11,400 +1.2% up $11,400, 1.2% versus February 2022 YoY +34.3% up 34.3% versus March 2021
Sales — Firm transactions reported through the MLS® System during the month.
347
MoM +91 +35.5% up 91, 35.5% versus February 2022 YoY −41.0% down 41.0% versus March 2021
Dollar volume — Total value of all sales in the month.
$410.8M
MoM +$95,255,316 +30.2% up $95,255,316, 30.2% versus February 2022 YoY −24.4% down 24.4% versus March 2021
New listings — Properties newly listed during the month.
721
MoM +257 +55.4% up 257, 55.4% versus February 2022 YoY −14.0% down 14.0% versus March 2021
Active listings — Listings available at month end.
372
MoM +145 +63.9% up 145, 63.9% versus February 2022 YoY −3.1% down 3.1% versus March 2021
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
9
MoM +1 day +12.5% up 1 day, 12.5% versus February 2022 YoY −18.2% down 18.2% versus March 2021
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
11
MoM +1 day +10.0% up 1 day, 10.0% versus February 2022 YoY −15.4% down 15.4% versus March 2021
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
109%
MoM −3.0 pp −2.7% down 3.0 pp, 2.7% versus February 2022 YoY +3.8% up 3.8% versus March 2021
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
48.1%
MoM −7.0 pp −12.8% down 7.0 pp, 12.8% versus February 2022 YoY −31.4% down 31.4% versus March 2021
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.
1.1
MoM +0 +20.9% up 0, 20.9% versus February 2022 YoY +64.2% up 64.2% versus March 2021
Trend
13 months to March 2022
Average price
| Month | Average price |
|---|---|
| Mar '21 | 924585 |
| Apr '21 | 894203 |
| May '21 | 937854 |
| Jun '21 | 986214 |
| Jul '21 | 952575 |
| Aug '21 | 977068 |
| Sep '21 | 977643 |
| Oct '21 | 994122 |
| Nov '21 | 1107332 |
| Dec '21 | 1165492 |
| Jan '22 | 1237354 |
| Feb '22 | 1232479 |
| Mar '22 | 1183775 |
Sales
| Month | Sales |
|---|---|
| Mar '21 | 588 |
| Apr '21 | 525 |
| May '21 | 421 |
| Jun '21 | 364 |
| Jul '21 | 292 |
| Aug '21 | 248 |
| Sep '21 | 237 |
| Oct '21 | 286 |
| Nov '21 | 269 |
| Dec '21 | 159 |
| Jan '22 | 158 |
| Feb '22 | 256 |
| Mar '22 | 347 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 347 | +91 +35.5% up 91, 35.5% versus February 2022 | $1,183,775 | −$48,704 −4.0% down $48,704, 4.0% versus February 2022 | $1,100,000 | 48.1% | 1.1 |
| Detached | 268 | +71 +36.0% up 71, 36.0% versus February 2022 | $1,259,124 | −$66,823 −5.0% down $66,823, 5.0% versus February 2022 | $1,177,500 | 47.1% | 1.1 |
| Semi-detached | 11 | −1 −8.3% down 1, 8.3% versus February 2022 | $1,043,636 | +$64,761 +6.6% up $64,761, 6.6% versus February 2022 | $1,050,000 | 39.3% | 1.1 |
| Att/row/townhouse | 41 | +8 +24.2% up 8, 24.2% versus February 2022 | $950,773 | −$7,315 −0.8% down $7,315, 0.8% versus February 2022 | $910,000 | 54.0% | 0.7 |
| Condo townhouse | 3 | +3 up 3 versus February 2022 | $795,000 | +$795,000 up $795,000 versus February 2022 | $800,000 | 42.9% | 1.0 |
| Condo apartment | 11 | +1 +10.0% up 1, 10.0% versus February 2022 | $732,455 | +$34,430 +4.9% up $34,430, 4.9% versus February 2022 | $739,000 | 64.7% | 1.0 |
| Link | 11 | +11 up 11 versus February 2022 | $934,000 | +$934,000 up $934,000 versus February 2022 | $950,000 | 57.9% | 0.8 |
| Co-op apartment | 0 | no change no change versus February 2022 | $0 | no change no change versus February 2022 | — | — | — |
| Detached condo | 2 | −2 −50.0% down 2, 50.0% versus February 2022 | $1,073,500 | +$83,625 +8.4% up $83,625, 8.4% versus February 2022 | $1,073,500 | 40.0% | 1.0 |
| Co-ownership apartment | 0 | no change no change versus February 2022 | $0 | no change no change versus February 2022 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 444.2 | $970,400 | +34.3% up 34.3% |
| Single-family detached | 428.6 | $983,300 | +36.5% up 36.5% |
| Single-family attached | 506.3 | $945,600 | +40.6% up 40.6% |
| Townhouse | 436 | $688,400 | +46.7% up 46.7% |
| Apartment | 422.6 | $668,300 | +43.5% up 43.5% |
Movers within Simcoe County
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Innisfil +6.2% up 6.2%
- Essa −0.4% down 0.4%
- Bradford West Gwillimbury −1.9% down 1.9%
- New Tecumseth −9.0% down 9.0%
- Adjala-Tosorontio −27.5% down 27.5%
Bottom 5
- Adjala-Tosorontio −27.5% down 27.5%
- New Tecumseth −9.0% down 9.0%
- Bradford West Gwillimbury −1.9% down 1.9%
- Essa −0.4% down 0.4%
- Innisfil +6.2% up 6.2%
Sales, month-over-month
Top 5
- Essa +83.3% up 83.3%
- Bradford West Gwillimbury +36.8% up 36.8%
- New Tecumseth +31.6% up 31.6%
- Innisfil +26.9% up 26.9%
- Adjala-Tosorontio −8.3% down 8.3%
Bottom 5
- Adjala-Tosorontio −8.3% down 8.3%
- Innisfil +26.9% up 26.9%
- New Tecumseth +31.6% up 31.6%
- Bradford West Gwillimbury +36.8% up 36.8%
- Essa +83.3% up 83.3%
Simcoe County
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$1,377,909
−$26,870 −1.9% down $26,870, 1.9% versus February 2022
- Sales
- 78
- SP/LP
- 112%
- DOM
- 12
- SNLR
- 39.6%
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$1,264,873
−$479,044 −27.5% down $479,044, 27.5% versus February 2022
- Sales
- 11
- SP/LP
- 108%
- DOM
- 7
- SNLR
- 45.8%
Innisfil
Innisfil, Simcoe County
$1,181,513
+$68,744 +6.2% up $68,744, 6.2% versus February 2022
- Sales
- 99
- SP/LP
- 108%
- DOM
- 10
- SNLR
- 47.6%
New Tecumseth
New Tecumseth, Simcoe County
$1,116,684
−$109,875 −9.0% down $109,875, 9.0% versus February 2022
- Sales
- 104
- SP/LP
- 108%
- DOM
- 8
- SNLR
- 55.6%
Essa
Essa, Simcoe County
$1,023,175
−$4,195 −0.4% down $4,195, 0.4% versus February 2022
- Sales
- 55
- SP/LP
- 109%
- DOM
- 6
- SNLR
- 52.4%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|