Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,085,200
MoM +$38,849 +3.7% up $38,849, 3.7% versus April 2022 YoY +15.7% up 15.7% versus May 2021
Source: TRREB MarketWatch, May 2022
5 areas
Simcoe County
May 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.
$982,500
MoM +$12,500 +1.3% up $12,500, 1.3% versus April 2022 YoY +14.2% up 14.2% versus May 2021
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,027,600
MoM +$83,900 +8.9% up $83,900, 8.9% versus April 2022 YoY +24.9% up 24.9% versus May 2021
Sales — Firm transactions reported through the MLS® System during the month.
230
MoM −12 −5.0% down 12, 5.0% versus April 2022 YoY −45.4% down 45.4% versus May 2021
Dollar volume — Total value of all sales in the month.
$249.6M
MoM −$3,621,081 −1.4% down $3,621,081, 1.4% versus April 2022 YoY −36.8% down 36.8% versus May 2021
New listings — Properties newly listed during the month.
698
MoM −11 −1.6% down 11, 1.6% versus April 2022 YoY +18.5% up 18.5% versus May 2021
Active listings — Listings available at month end.
654
MoM +134 +25.8% up 134, 25.8% versus April 2022 YoY +81.2% up 81.2% versus May 2021
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
15
MoM +3 days +25.0% up 3 days, 25.0% versus April 2022 YoY +25.0% up 25.0% versus May 2021
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
22
MoM +7 days +46.7% up 7 days, 46.7% versus April 2022 YoY +46.7% up 46.7% versus May 2021
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% down 1.0 pp, 1.0% versus April 2022 YoY −1.0% down 1.0% versus May 2021
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
33.0%
MoM −1.2 pp −3.5% down 1.2 pp, 3.5% versus April 2022 YoY −53.9% down 53.9% versus May 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.
2.8
MoM +1 +32.3% up 1, 32.3% versus April 2022 YoY +231.6% up 231.6% versus May 2021
Trend
13 months to May 2022
Average price
| Month | Average price |
|---|---|
| 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 |
| May '22 | 1085200 |
Sales
| Month | Sales |
|---|---|
| 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 |
| May '22 | 230 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 230 | −12 −5.0% down 12, 5.0% versus April 2022 | $1,085,200 | +$38,849 +3.7% up $38,849, 3.7% versus April 2022 | $982,500 | 33.0% | 2.8 |
| Detached | 183 | +3 +1.7% up 3, 1.7% versus April 2022 | $1,149,599 | +$27,778 +2.5% up $27,778, 2.5% versus April 2022 | $1,090,000 | 31.8% | 2.9 |
| Semi-detached | 7 | −6 −46.2% down 6, 46.2% versus April 2022 | $867,143 | −$54,856 −5.9% down $54,856, 5.9% versus April 2022 | $825,000 | 36.8% | 2.6 |
| Att/row/townhouse | 23 | −8 −25.8% down 8, 25.8% versus April 2022 | $832,396 | +$2,641 +0.3% up $2,641, 0.3% versus April 2022 | $840,000 | 33.3% | 2.6 |
| Condo townhouse | 2 | +1 +100.0% up 1, 100.0% versus April 2022 | $629,950 | −$49,950 −7.3% down $49,950, 7.3% versus April 2022 | $629,950 | 50.0% | 3.0 |
| Condo apartment | 7 | no change no change versus April 2022 | $813,571 | +$174,442 +27.3% up $174,442, 27.3% versus April 2022 | $650,000 | 30.4% | 3.9 |
| Link | 5 | −1 −16.7% down 1, 16.7% versus April 2022 | $837,000 | −$38,500 −4.4% down $38,500, 4.4% versus April 2022 | $775,000 | 83.3% | 0.8 |
| Detached condo | 3 | −1 −25.0% down 1, 25.0% versus April 2022 | $954,759 | +$161,259 +20.3% up $161,259, 20.3% versus April 2022 | $901,000 | 150.0% | 1.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 379.3 | $1,027,600 | +24.9% up 24.9% |
| Single-family detached | 381.3 | $1,078,600 | +24.0% up 24.0% |
| Single-family attached | 404.5 | $883,900 | +27.8% up 27.8% |
| Townhouse | 510.7 | $761,900 | +28.9% up 28.9% |
| Apartment | 434.4 | $702,400 | +31.9% up 31.9% |
Movers within Simcoe County
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Essa +7.7% up 7.7%
- Bradford West Gwillimbury +3.6% up 3.6%
- New Tecumseth +3.5% up 3.5%
- Adjala-Tosorontio +3.4% up 3.4%
- Innisfil −0.9% down 0.9%
Bottom 5
- Innisfil −0.9% down 0.9%
- Adjala-Tosorontio +3.4% up 3.4%
- New Tecumseth +3.5% up 3.5%
- Bradford West Gwillimbury +3.6% up 3.6%
- Essa +7.7% up 7.7%
Sales, month-over-month
Top 5
- Bradford West Gwillimbury +32.6% up 32.6%
- Innisfil no change no change
- Essa −5.1% down 5.1%
- Adjala-Tosorontio −14.3% down 14.3%
- New Tecumseth −29.7% down 29.7%
Bottom 5
- New Tecumseth −29.7% down 29.7%
- Adjala-Tosorontio −14.3% down 14.3%
- Essa −5.1% down 5.1%
- Innisfil no change no change
- Bradford West Gwillimbury +32.6% up 32.6%
Simcoe County
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$1,245,212
+$42,982 +3.6% up $42,982, 3.6% versus April 2022
- Sales
- 57
- SP/LP
- 102%
- DOM
- 13
- SNLR
- 37.5%
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$1,185,458
+$38,565 +3.4% up $38,565, 3.4% versus April 2022
- Sales
- 12
- SP/LP
- 101%
- DOM
- 11
- SNLR
- 23.5%
New Tecumseth
New Tecumseth, Simcoe County
$1,085,867
+$36,533 +3.5% up $36,533, 3.5% versus April 2022
- Sales
- 52
- SP/LP
- 101%
- DOM
- 21
- SNLR
- 28.3%
Innisfil
Innisfil, Simcoe County
$990,865
−$9,232 −0.9% down $9,232, 0.9% versus April 2022
- Sales
- 72
- SP/LP
- 102%
- DOM
- 14
- SNLR
- 31.7%
Essa
Essa, Simcoe County
$988,811
+$70,685 +7.7% up $70,685, 7.7% versus April 2022
- Sales
- 37
- SP/LP
- 102%
- DOM
- 15
- SNLR
- 20.1%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|