Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,012,906
MoM −$72,294 −6.7% down $72,294, 6.7% versus May 2022 YoY +2.7% up 2.7% versus June 2021
Source: TRREB MarketWatch, June 2022
5 areas
Simcoe County
June 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.
$914,000
MoM −$68,500 −7.0% down $68,500, 7.0% versus May 2022 YoY +1.6% up 1.6% versus June 2021
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$986,200
MoM −$41,400 −4.0% down $41,400, 4.0% versus May 2022 YoY +19.1% up 19.1% versus June 2021
Sales — Firm transactions reported through the MLS® System during the month.
196
MoM −34 −14.8% down 34, 14.8% versus May 2022 YoY −46.2% down 46.2% versus June 2021
Dollar volume — Total value of all sales in the month.
$198.5M
MoM −$51,066,264 −20.5% down $51,066,264, 20.5% versus May 2022 YoY −44.7% down 44.7% versus June 2021
New listings — Properties newly listed during the month.
628
MoM −70 −10.0% down 70, 10.0% versus May 2022 YoY +34.5% up 34.5% versus June 2021
Active listings — Listings available at month end.
709
MoM +55 +8.4% up 55, 8.4% versus May 2022 YoY +117.5% up 117.5% versus June 2021
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
22
MoM +7 days +46.7% up 7 days, 46.7% versus May 2022 YoY +46.7% up 46.7% versus June 2021
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
34
MoM +12 days +54.5% up 12 days, 54.5% versus May 2022 YoY +88.9% up 88.9% versus June 2021
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
98%
MoM −4.0 pp −3.9% down 4.0 pp, 3.9% versus May 2022 YoY −4.9% down 4.9% versus June 2021
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
31.2%
MoM −1.7 pp −5.3% down 1.7 pp, 5.3% versus May 2022 YoY −60.0% down 60.0% versus June 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.
3.6
MoM +1 +27.2% up 1, 27.2% versus May 2022 YoY +303.9% up 303.9% versus June 2021
Trend
13 months to June 2022
Average price
| Month | Average price |
|---|---|
| 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 |
| Jun '22 | 1012906 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Jun '22 | 196 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 196 | −34 −14.8% down 34, 14.8% versus May 2022 | $1,012,906 | −$72,294 −6.7% down $72,294, 6.7% versus May 2022 | $914,000 | 31.2% | 3.6 |
| Detached | 163 | −20 −10.9% down 20, 10.9% versus May 2022 | $1,045,210 | −$104,389 −9.1% down $104,389, 9.1% versus May 2022 | $955,000 | 32.1% | 3.5 |
| Semi-detached | 6 | −1 −14.3% down 1, 14.3% versus May 2022 | $850,648 | −$16,495 −1.9% down $16,495, 1.9% versus May 2022 | $879,444 | 33.3% | 3.5 |
| Att/row/townhouse | 18 | −5 −21.7% down 5, 21.7% versus May 2022 | $826,472 | −$5,924 −0.7% down $5,924, 0.7% versus May 2022 | $782,000 | 29.0% | 3.6 |
| Condo townhouse | 1 | −1 −50.0% down 1, 50.0% versus May 2022 | $620,000 | −$9,950 −1.6% down $9,950, 1.6% versus May 2022 | $620,000 | 16.7% | 5.0 |
| Condo apartment | 5 | −2 −28.6% down 2, 28.6% versus May 2022 | $996,000 | +$182,429 +22.4% up $182,429, 22.4% versus May 2022 | $760,000 | 20.0% | 6.8 |
| Link | 1 | −4 −80.0% down 4, 80.0% versus May 2022 | $620,000 | −$217,000 −25.9% down $217,000, 25.9% versus May 2022 | $620,000 | 33.3% | 6.0 |
| Detached condo | 2 | −1 −33.3% down 1, 33.3% versus May 2022 | $980,000 | +$25,241 +2.6% up $25,241, 2.6% versus May 2022 | $980,000 | 33.3% | 3.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 364 | $986,200 | +19.1% up 19.1% |
| Single-family detached | 366.2 | $1,036,000 | +18.6% up 18.6% |
| Single-family attached | 391 | $854,400 | +22.3% up 22.3% |
| Townhouse | 473.6 | $706,600 | +18.1% up 18.1% |
| Apartment | 431.2 | $697,300 | +29.3% up 29.3% |
Movers within Simcoe County
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Innisfil +2.4% up 2.4%
- New Tecumseth −8.8% down 8.8%
- Bradford West Gwillimbury −8.9% down 8.9%
- Essa −9.5% down 9.5%
Bottom 5
- Essa −9.5% down 9.5%
- Bradford West Gwillimbury −8.9% down 8.9%
- New Tecumseth −8.8% down 8.8%
- Innisfil +2.4% up 2.4%
Sales, month-over-month
Top 5
- New Tecumseth +17.3% up 17.3%
- Essa −10.8% down 10.8%
- Innisfil −20.8% down 20.8%
- Bradford West Gwillimbury −29.8% down 29.8%
Bottom 5
- Bradford West Gwillimbury −29.8% down 29.8%
- Innisfil −20.8% down 20.8%
- Essa −10.8% down 10.8%
- New Tecumseth +17.3% up 17.3%
Simcoe County
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$1,134,105
−$111,107 −8.9% down $111,107, 8.9% versus May 2022
- Sales
- 40
- SP/LP
- 97%
- DOM
- 21
- SNLR
- 38.8%
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$1,072,400
−$113,058 −9.5% down $113,058, 9.5% versus May 2022
- Sales
- 5
- SP/LP
- 97%
- DOM
- 23
- SNLR
- 14.3%
Innisfil
Innisfil, Simcoe County
$1,015,021
+$24,156 +2.4% up $24,156, 2.4% versus May 2022
- Sales
- 57
- SP/LP
- 98%
- DOM
- 28
- SNLR
- 23.8%
New Tecumseth
New Tecumseth, Simcoe County
$990,390
−$95,477 −8.8% down $95,477, 8.8% versus May 2022
- Sales
- 61
- SP/LP
- 98%
- DOM
- 20
- SNLR
- 37.2%
Essa
Essa, Simcoe County
$894,955
−$93,856 −9.5% down $93,856, 9.5% versus May 2022
- Sales
- 33
- SP/LP
- 98%
- DOM
- 18
- SNLR
- 38.4%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|