Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$927,370
MoM −$85,536 −8.4% down $85,536, 8.4% versus June 2022 YoY −2.6% down 2.6% versus July 2021
Source: TRREB MarketWatch, July 2022
5 areas
Simcoe County
July 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.
$850,000
MoM −$64,000 −7.0% down $64,000, 7.0% versus June 2022 YoY −1.2% down 1.2% versus July 2021
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$950,700
MoM −$35,500 −3.6% down $35,500, 3.6% versus June 2022 YoY +12.4% up 12.4% versus July 2021
Sales — Firm transactions reported through the MLS® System during the month.
138
MoM −58 −29.6% down 58, 29.6% versus June 2022 YoY −52.7% down 52.7% versus July 2021
Dollar volume — Total value of all sales in the month.
$128.0M
MoM −$70,552,668 −35.5% down $70,552,668, 35.5% versus June 2022 YoY −54.0% down 54.0% versus July 2021
New listings — Properties newly listed during the month.
486
MoM −142 −22.6% down 142, 22.6% versus June 2022 YoY +34.6% up 34.6% versus July 2021
Active listings — Listings available at month end.
702
MoM −7 −1.0% down 7, 1.0% versus June 2022 YoY +152.5% up 152.5% versus July 2021
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
23
MoM +1 day +4.5% up 1 day, 4.5% versus June 2022 YoY +43.8% up 43.8% versus July 2021
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
37
MoM +3 days +8.8% up 3 days, 8.8% versus June 2022 YoY +76.2% up 76.2% versus July 2021
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
96%
MoM −2.0 pp −2.0% down 2.0 pp, 2.0% versus June 2022 YoY −5.9% down 5.9% versus July 2021
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
28.4%
MoM −2.8 pp −9.0% down 2.8 pp, 9.0% versus June 2022 YoY −64.9% down 64.9% versus July 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.
5.1
MoM +1 +40.6% up 1, 40.6% versus June 2022 YoY +434.3% up 434.3% versus July 2021
Trend
13 months to July 2022
Average price
| Month | Average price |
|---|---|
| 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 |
| Jul '22 | 927370 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Jul '22 | 138 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 138 | −58 −29.6% down 58, 29.6% versus June 2022 | $927,370 | −$85,536 −8.4% down $85,536, 8.4% versus June 2022 | $850,000 | 28.4% | 5.1 |
| Detached | 99 | −64 −39.3% down 64, 39.3% versus June 2022 | $969,758 | −$75,452 −7.2% down $75,452, 7.2% versus June 2022 | $900,000 | 26.3% | 5.7 |
| Semi-detached | 4 | −2 −33.3% down 2, 33.3% versus June 2022 | $827,500 | −$23,148 −2.7% down $23,148, 2.7% versus June 2022 | $807,500 | 40.0% | 3.3 |
| Att/row/townhouse | 29 | +11 +61.1% up 11, 61.1% versus June 2022 | $849,948 | +$23,476 +2.8% up $23,476, 2.8% versus June 2022 | $765,000 | 52.7% | 2.0 |
| Condo apartment | 2 | −3 −60.0% down 3, 60.0% versus June 2022 | $452,500 | −$543,500 −54.6% down $543,500, 54.6% versus June 2022 | $452,500 | 9.5% | 21.0 |
| Link | 3 | +2 +200.0% up 2, 200.0% versus June 2022 | $772,500 | +$152,500 +24.6% up $152,500, 24.6% versus June 2022 | $750,000 | 27.3% | 3.0 |
| Detached condo | 1 | −1 −50.0% down 1, 50.0% versus June 2022 | $790,000 | −$190,000 −19.4% down $190,000, 19.4% versus June 2022 | $790,000 | 16.7% | 10.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 350.9 | $950,700 | +12.4% up 12.4% |
| Single-family detached | 352.9 | $998,300 | +11.8% up 11.8% |
| Single-family attached | 377.8 | $825,600 | +16.6% up 16.6% |
| Townhouse | 458 | $683,300 | +14.1% up 14.1% |
| Apartment | 419.7 | $678,600 | +27.0% up 27.0% |
Movers within Simcoe County
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Innisfil −4.4% down 4.4%
- Bradford West Gwillimbury −8.4% down 8.4%
- Essa −12.1% down 12.1%
- New Tecumseth −13.7% down 13.7%
Bottom 5
- New Tecumseth −13.7% down 13.7%
- Essa −12.1% down 12.1%
- Bradford West Gwillimbury −8.4% down 8.4%
- Innisfil −4.4% down 4.4%
Sales, month-over-month
Top 5
- Bradford West Gwillimbury −20.0% down 20.0%
- Innisfil −26.3% down 26.3%
- New Tecumseth −34.4% down 34.4%
- Essa −39.4% down 39.4%
Bottom 5
- Essa −39.4% down 39.4%
- New Tecumseth −34.4% down 34.4%
- Innisfil −26.3% down 26.3%
- Bradford West Gwillimbury −20.0% down 20.0%
Simcoe County
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$1,038,781
−$95,324 −8.4% down $95,324, 8.4% versus June 2022
- Sales
- 32
- SP/LP
- 95%
- DOM
- 28
- SNLR
- 43.2%
Adjala-Tosorontio low sample
Adjala-Tosorontio, Simcoe County
$1,008,750
−$63,650 −5.9% down $63,650, 5.9% versus June 2022
- Sales
- 4
- SP/LP
- 94%
- DOM
- 17
- SNLR
- 16.7%
Innisfil
Innisfil, Simcoe County
$970,286
−$44,735 −4.4% down $44,735, 4.4% versus June 2022
- Sales
- 42
- SP/LP
- 96%
- DOM
- 24
- SNLR
- 25.8%
New Tecumseth
New Tecumseth, Simcoe County
$855,200
−$135,190 −13.7% down $135,190, 13.7% versus June 2022
- Sales
- 40
- SP/LP
- 97%
- DOM
- 18
- SNLR
- 26.3%
Essa
Essa, Simcoe County
$787,050
−$107,905 −12.1% down $107,905, 12.1% versus June 2022
- Sales
- 20
- SP/LP
- 98%
- DOM
- 27
- SNLR
- 27.4%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|