Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$980,067
MoM −$14,013 −1.4% down $14,013, 1.4% versus May 2023 YoY −3.2% down 3.2% versus June 2022
Source: TRREB MarketWatch, June 2023
5 areas
Simcoe County
June 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.
$880,000
MoM −$45,000 −4.9% down $45,000, 4.9% versus May 2023 YoY −3.7% down 3.7% versus June 2022
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$902,100
MoM +$600 +0.1% up $600, 0.1% versus May 2023 YoY −8.6% down 8.6% versus June 2022
Sales — Firm transactions reported through the MLS® System during the month.
234
MoM −35 −13.0% down 35, 13.0% versus May 2023 YoY +19.4% up 19.4% versus June 2022
Dollar volume — Total value of all sales in the month.
$229.3M
MoM −$38,071,851 −14.2% down $38,071,851, 14.2% versus May 2023 YoY +15.5% up 15.5% versus June 2022
New listings — Properties newly listed during the month.
557
MoM +35 +6.7% up 35, 6.7% versus May 2023 YoY −11.3% down 11.3% versus June 2022
Active listings — Listings available at month end.
646
MoM +86 +15.4% up 86, 15.4% versus May 2023 YoY −8.9% down 8.9% versus June 2022
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
23
MoM +3 days +15.0% up 3 days, 15.0% versus May 2023 YoY +4.5% up 4.5% versus June 2022
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
33
MoM +5 days +17.9% up 5 days, 17.9% versus May 2023 YoY −2.9% down 2.9% versus June 2022
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
100%
MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus May 2023 YoY +2.0% up 2.0% versus June 2022
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
42.0%
MoM −9.5 pp −18.5% down 9.5 pp, 18.5% versus May 2023 YoY +34.6% up 34.6% versus June 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.
2.8
MoM +1 +32.6% up 1, 32.6% versus May 2023 YoY −23.7% down 23.7% versus June 2022
Trend
13 months to June 2023
Average price
| Month | Average price |
|---|---|
| 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 |
| May '23 | 994080 |
| Jun '23 | 980067 |
Sales
| Month | Sales |
|---|---|
| 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 |
| May '23 | 269 |
| Jun '23 | 234 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 234 | −35 −13.0% down 35, 13.0% versus May 2023 | $980,067 | −$14,013 −1.4% down $14,013, 1.4% versus May 2023 | $880,000 | 42.0% | 2.8 |
| Detached | 176 | −39 −18.1% down 39, 18.1% versus May 2023 | $1,039,132 | +$10,591 +1.0% up $10,591, 1.0% versus May 2023 | $930,000 | 40.5% | 2.9 |
| Semi-detached | 7 | no change no change versus May 2023 | $900,000 | +$55,714 +6.6% up $55,714, 6.6% versus May 2023 | $933,000 | 63.6% | 1.4 |
| Att/row/townhouse | 26 | −2 −7.1% down 2, 7.1% versus May 2023 | $881,250 | −$34,086 −3.7% down $34,086, 3.7% versus May 2023 | $756,000 | 50.0% | 1.9 |
| Condo townhouse | 4 | n/a not available, prior month not on file versus May 2023 | $601,350 | n/a not available, prior month not on file versus May 2023 | $575,250 | 57.1% | 2.3 |
| Condo apartment | 11 | +4 +57.1% up 4, 57.1% versus May 2023 | $574,955 | −$9,174 −1.6% down $9,174, 1.6% versus May 2023 | $530,000 | 29.7% | 5.4 |
| Link | 2 | −3 −60.0% down 3, 60.0% versus May 2023 | $667,500 | −$92,880 −12.2% down $92,880, 12.2% versus May 2023 | $667,500 | 33.3% | 1.5 |
| Detached condo | 8 | +1 +14.3% up 1, 14.3% versus May 2023 | $896,363 | −$80,923 −8.3% down $80,923, 8.3% versus May 2023 | $850,000 | 88.9% | 1.6 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 404.2 | $902,100 | −8.6% down 8.6% |
| Single-family detached | 414.2 | $945,700 | −8.3% down 8.3% |
| Single-family attached | 406 | $783,200 | −7.8% down 7.8% |
| Townhouse | 390.4 | $657,400 | −7.6% down 7.6% |
| Apartment | 413.6 | $661,000 | −6.5% down 6.5% |
Movers within Simcoe County
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Essa +10.0% up 10.0%
- New Tecumseth +0.5% up 0.5%
- Innisfil −0.7% down 0.7%
- Bradford West Gwillimbury −3.3% down 3.3%
- Adjala-Tosorontio −5.9% down 5.9%
Bottom 5
- Adjala-Tosorontio −5.9% down 5.9%
- Bradford West Gwillimbury −3.3% down 3.3%
- Innisfil −0.7% down 0.7%
- New Tecumseth +0.5% up 0.5%
- Essa +10.0% up 10.0%
Sales, month-over-month
Top 5
- Innisfil −1.1% down 1.1%
- Essa −9.4% down 9.4%
- New Tecumseth −11.0% down 11.0%
- Adjala-Tosorontio −21.4% down 21.4%
- Bradford West Gwillimbury −35.2% down 35.2%
Bottom 5
- Bradford West Gwillimbury −35.2% down 35.2%
- Adjala-Tosorontio −21.4% down 21.4%
- New Tecumseth −11.0% down 11.0%
- Essa −9.4% down 9.4%
- Innisfil −1.1% down 1.1%
Simcoe County
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$1,286,727
−$81,337 −5.9% down $81,337, 5.9% versus May 2023
- Sales
- 11
- SP/LP
- 99%
- DOM
- 25
- SNLR
- 64.7%
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$1,113,909
−$37,465 −3.3% down $37,465, 3.3% versus May 2023
- Sales
- 35
- SP/LP
- 99%
- DOM
- 15
- SNLR
- 30.4%
New Tecumseth
New Tecumseth, Simcoe County
$960,371
+$4,717 +0.5% up $4,717, 0.5% versus May 2023
- Sales
- 73
- SP/LP
- 100%
- DOM
- 25
- SNLR
- 62.9%
Innisfil
Innisfil, Simcoe County
$945,530
−$6,946 −0.7% down $6,946, 0.7% versus May 2023
- Sales
- 86
- SP/LP
- 100%
- DOM
- 23
- SNLR
- 33.7%
Essa
Essa, Simcoe County
$854,210
+$77,607 +10.0% up $77,607, 10.0% versus May 2023
- Sales
- 29
- SP/LP
- 98%
- DOM
- 23
- SNLR
- 53.7%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|