Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$956,630
MoM +$13,265 +1.4% up $13,265, 1.4% versus March 2023 YoY −8.6% down 8.6% versus April 2022
Source: TRREB MarketWatch, April 2023
5 areas
Simcoe County
April 2023
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$905,000
MoM +$15,000 +1.7% up $15,000, 1.7% versus March 2023 YoY −6.7% down 6.7% versus April 2022
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$883,000
MoM −$800 −0.1% down $800, 0.1% versus March 2023 YoY −16.2% down 16.2% versus April 2022
Sales — Firm transactions reported through the MLS® System during the month.
265
MoM +44 +19.9% up 44, 19.9% versus March 2023 YoY +9.5% up 9.5% versus April 2022
Dollar volume — Total value of all sales in the month.
$253.5M
MoM +$45,023,252 +21.6% up $45,023,252, 21.6% versus March 2023 YoY +0.1% up 0.1% versus April 2022
New listings — Properties newly listed during the month.
429
MoM +2 +0.5% up 2, 0.5% versus March 2023 YoY −39.5% down 39.5% versus April 2022
Active listings — Listings available at month end.
509
MoM +4 +0.8% up 4, 0.8% versus March 2023 YoY −2.1% down 2.1% versus April 2022
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
27
MoM +3 days +12.5% up 3 days, 12.5% versus March 2023 YoY +125.0% up 125.0% versus April 2022
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
38
MoM +4 days +11.8% up 4 days, 11.8% versus March 2023 YoY +153.3% up 153.3% versus April 2022
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
99%
MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus March 2023 YoY −3.9% down 3.9% versus April 2022
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
61.8%
MoM +10.0 pp +19.4% up 10.0 pp, 19.4% versus March 2023 YoY +81.0% up 81.0% versus April 2022
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.
1.9
MoM −0 −15.9% down 0, 15.9% versus March 2023 YoY −10.6% down 10.6% versus April 2022
Trend
13 months to April 2023
Average price
| Month | Average price |
|---|---|
| Apr '22 | 1046351 |
| May '22 | 1085200 |
| Jun '22 | 1012906 |
| Jul '22 | 927370 |
| Aug '22 | 928718 |
| Sep '22 | 969283 |
| Oct '22 | 889610 |
| Nov '22 | 873724 |
| Dec '22 | 858284 |
| Jan '23 | 880309 |
| Feb '23 | 905114 |
| Mar '23 | 943365 |
| Apr '23 | 956630 |
Sales
| Month | Sales |
|---|---|
| Apr '22 | 242 |
| May '22 | 230 |
| Jun '22 | 196 |
| Jul '22 | 138 |
| Aug '22 | 175 |
| Sep '22 | 168 |
| Oct '22 | 177 |
| Nov '22 | 149 |
| Dec '22 | 100 |
| Jan '23 | 107 |
| Feb '23 | 144 |
| Mar '23 | 221 |
| Apr '23 | 265 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 265 | +44 +19.9% up 44, 19.9% versus March 2023 | $956,630 | +$13,265 +1.4% up $13,265, 1.4% versus March 2023 | $905,000 | 61.8% | 1.9 |
| Detached | 211 | +52 +32.7% up 52, 32.7% versus March 2023 | $995,176 | +$16,031 +1.6% up $16,031, 1.6% versus March 2023 | $936,000 | 63.4% | 1.9 |
| Semi-detached | 12 | −2 −14.3% down 2, 14.3% versus March 2023 | $903,250 | −$2,821 −0.3% down $2,821, 0.3% versus March 2023 | $885,000 | 100.0% | 0.7 |
| Att/row/townhouse | 20 | −12 −37.5% down 12, 37.5% versus March 2023 | $833,070 | −$50,180 −5.7% down $50,180, 5.7% versus March 2023 | $726,000 | 51.3% | 1.8 |
| Condo townhouse | 1 | −3 −75.0% down 3, 75.0% versus March 2023 | $519,000 | −$265,875 −33.9% down $265,875, 33.9% versus March 2023 | $519,000 | 25.0% | 5.0 |
| Condo apartment | 9 | +3 +50.0% up 3, 50.0% versus March 2023 | $578,322 | −$82,678 −12.5% down $82,678, 12.5% versus March 2023 | $539,900 | 39.1% | 4.2 |
| Link | 4 | +1 +33.3% up 1, 33.3% versus March 2023 | $826,000 | +$65,667 +8.6% up $65,667, 8.6% versus March 2023 | $792,500 | 133.3% | 0.3 |
| Detached condo | 8 | +5 +166.7% up 5, 166.7% versus March 2023 | $874,550 | +$53,217 +6.5% up $53,217, 6.5% versus March 2023 | $882,500 | 53.3% | 1.8 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 326 | $883,000 | −16.2% down 16.2% |
| Single-family detached | 329.2 | $931,400 | −15.8% down 15.8% |
| Single-family attached | 348.3 | $761,100 | −15.3% down 15.3% |
| Townhouse | 422.8 | $630,800 | −22.1% down 22.1% |
| Apartment | 384.3 | $621,400 | −13.2% down 13.2% |
Movers within Simcoe County
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- New Tecumseth +7.2% up 7.2%
- Bradford West Gwillimbury +6.0% up 6.0%
- Essa +1.9% up 1.9%
- Innisfil −5.7% down 5.7%
- Adjala-Tosorontio −15.8% down 15.8%
Bottom 5
- Adjala-Tosorontio −15.8% down 15.8%
- Innisfil −5.7% down 5.7%
- Essa +1.9% up 1.9%
- Bradford West Gwillimbury +6.0% up 6.0%
- New Tecumseth +7.2% up 7.2%
Sales, month-over-month
Top 5
- Essa +78.3% up 78.3%
- Bradford West Gwillimbury +34.6% up 34.6%
- Adjala-Tosorontio +27.3% up 27.3%
- Innisfil +10.4% up 10.4%
- New Tecumseth −2.9% down 2.9%
Bottom 5
- New Tecumseth −2.9% down 2.9%
- Innisfil +10.4% up 10.4%
- Adjala-Tosorontio +27.3% up 27.3%
- Bradford West Gwillimbury +34.6% up 34.6%
- Essa +78.3% up 78.3%
Simcoe County
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$1,172,568
+$66,336 +6.0% up $66,336, 6.0% versus March 2023
- Sales
- 70
- SP/LP
- 100%
- DOM
- 21
- SNLR
- 86.4%
New Tecumseth
New Tecumseth, Simcoe County
$913,879
+$61,019 +7.2% up $61,019, 7.2% versus March 2023
- Sales
- 66
- SP/LP
- 98%
- DOM
- 29
- SNLR
- 58.4%
Innisfil
Innisfil, Simcoe County
$896,672
−$54,361 −5.7% down $54,361, 5.7% versus March 2023
- Sales
- 74
- SP/LP
- 99%
- DOM
- 31
- SNLR
- 45.7%
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$859,143
−$161,292 −15.8% down $161,292, 15.8% versus March 2023
- Sales
- 14
- SP/LP
- 97%
- DOM
- 29
- SNLR
- 51.9%
Essa
Essa, Simcoe County
$798,278
+$14,753 +1.9% up $14,753, 1.9% versus March 2023
- Sales
- 41
- SP/LP
- 98%
- DOM
- 26
- SNLR
- 89.1%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|