Source: TRREB MarketWatch, April 2022

5 areas

Simcoe County

April 2022

Headline indicators

All home types

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

$1,046,351

MoM −$137,424 −11.6% YoY +17.0%

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

$970,000

MoM −$130,000 −11.8% YoY +15.5%

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

$943,700

MoM −$26,700 −2.8% YoY +29.8%

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

242

MoM −105 −30.3% YoY −53.9%

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

$253.2M

MoM −$157,552,936 −38.4% YoY −46.1%

New listings — Properties newly listed during the month.

709

MoM −12 −1.7% YoY +1.1%

Active listings — Listings available at month end.

520

MoM +148 +39.8% YoY +44.4%

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

MoM +3 days +33.3% YoY +9.1%

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

MoM +4 days +36.4% YoY +7.1%

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

103%

MoM −6.0 pp −5.5% YoY −1.0%

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

34.1%

MoM −14.0 pp −29.1% YoY −54.4%

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.

2.1

MoM +1 +100.4% YoY +213.4%

Trend

13 months to April 2022

Average price

Simcoe County average selling price over the 13 months ending April 2022.
Month	Average price
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
Apr '22	1046351

Sales

Simcoe County sales over the 13 months ending April 2022.
Month	Sales
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
Apr '22	242

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	242	−105 −30.3% down 105, 30.3% versus March 2022	$1,046,351	−$137,424 −11.6% down $137,424, 11.6% versus March 2022	$970,000	34.1%	2.1
Detached	180	−88 −32.8% down 88, 32.8% versus March 2022	$1,121,821	−$137,303 −10.9% down $137,303, 10.9% versus March 2022	$1,047,500	31.6%	2.4
Semi-detached	13	+2 +18.2% up 2, 18.2% versus March 2022	$921,999	−$121,637 −11.7% down $121,637, 11.7% versus March 2022	$850,000	52.0%	0.9
Att/row/townhouse	31	−10 −24.4% down 10, 24.4% versus March 2022	$829,755	−$121,018 −12.7% down $121,018, 12.7% versus March 2022	$840,000	39.2%	1.6
Condo townhouse	1	−2 −66.7% down 2, 66.7% versus March 2022	$679,900	−$115,100 −14.5% down $115,100, 14.5% versus March 2022	$679,900	33.3%	3.0
Condo apartment	7	−4 −36.4% down 4, 36.4% versus March 2022	$639,129	−$93,326 −12.7% down $93,326, 12.7% versus March 2022	$629,000	43.8%	2.3
Link	6	−5 −45.5% down 5, 45.5% versus March 2022	$875,500	−$58,500 −6.3% down $58,500, 6.3% versus March 2022	$851,500	60.0%	1.0
Co-op apartment	0	no change no change versus March 2022	$0	no change no change versus March 2022	—	—	—
Detached condo	4	+2 +100.0% up 2, 100.0% versus March 2022	$793,500	−$280,000 −26.1% down $280,000, 26.1% versus March 2022	$734,500	57.1%	1.3
Co-ownership apartment	0	no change no change versus March 2022	$0	no change no change versus March 2022	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	432	$943,700	+29.8% up 29.8%
Single-family detached	414.9	$951,900	+30.8% up 30.8%
Single-family attached	500.2	$934,200	+37.0% up 37.0%
Townhouse	432.8	$683,300	+41.2% up 41.2%
Apartment	430.4	$680,700	+43.0% up 43.0%

Movers within Simcoe County

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

New Tecumseth −6.0% down 6.0%
Adjala-Tosorontio −9.3% down 9.3%
Essa −10.3% down 10.3%
Bradford West Gwillimbury −12.7% down 12.7%
Innisfil −15.4% down 15.4%

Bottom 5

Innisfil −15.4% down 15.4%
Bradford West Gwillimbury −12.7% down 12.7%
Essa −10.3% down 10.3%
Adjala-Tosorontio −9.3% down 9.3%
New Tecumseth −6.0% down 6.0%

Sales, month-over-month

Top 5

Adjala-Tosorontio +27.3% up 27.3%
Innisfil −27.3% down 27.3%
New Tecumseth −28.8% down 28.8%
Essa −29.1% down 29.1%
Bradford West Gwillimbury −44.9% down 44.9%

Bottom 5

Bradford West Gwillimbury −44.9% down 44.9%
Essa −29.1% down 29.1%
New Tecumseth −28.8% down 28.8%
Innisfil −27.3% down 27.3%
Adjala-Tosorontio +27.3% up 27.3%

Simcoe County

Bradford West Gwillimbury

Bradford West Gwillimbury, Simcoe County

$1,202,230

−$175,679 −12.7% down $175,679, 12.7% versus March 2022

Sales: 43
SP/LP: 102%
DOM: 10
SNLR: 25.1%

Full history →

Adjala-Tosorontio

Adjala-Tosorontio, Simcoe County

$1,146,893

−$117,980 −9.3% down $117,980, 9.3% versus March 2022

Sales: 14
SP/LP: 103%
DOM: 9
SNLR: 51.9%

Full history →

New Tecumseth

New Tecumseth, Simcoe County

$1,049,334

−$67,350 −6.0% down $67,350, 6.0% versus March 2022

Sales: 74
SP/LP: 104%
DOM: 14
SNLR: 40.0%

Full history →

Innisfil

Innisfil, Simcoe County

$1,000,097

−$181,416 −15.4% down $181,416, 15.4% versus March 2022

Sales: 72
SP/LP: 103%
DOM: 10
SNLR: 31.3%

Full history →

Essa

Essa, Simcoe County

$918,126

−$105,049 −10.3% down $105,049, 10.3% versus March 2022

Sales: 39
SP/LP: 105%
DOM: 12
SNLR: 40.6%

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