Source: TRREB MarketWatch, August 2023

1 areas

Dufferin County

August 2023

Headline indicators

All home types

Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.

$843,559

MoM −$4,795 −0.6% down $4,795, 0.6% versus July 2023 YoY +1.7% up 1.7% versus August 2022

Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.

$813,750

MoM +$12,750 +1.6% up $12,750, 1.6% versus July 2023 YoY +2.7% up 2.7% versus August 2022

MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.

$847,800

MoM −$1,200 −0.1% down $1,200, 0.1% versus July 2023 YoY +3.3% up 3.3% versus August 2022

Sales — Firm transactions reported through the MLS® System during the month.

30

MoM −14 −31.8% down 14, 31.8% versus July 2023 YoY −31.8% down 31.8% versus August 2022

Dollar volume — Total value of all sales in the month.

$25.3M

MoM −$12,020,796 −32.2% down $12,020,796, 32.2% versus July 2023 YoY −30.6% down 30.6% versus August 2022

New listings — Properties newly listed during the month.

73

MoM +2 +2.8% up 2, 2.8% versus July 2023 YoY +14.1% up 14.1% versus August 2022

Active listings — Listings available at month end.

75

MoM +9 +13.6% up 9, 13.6% versus July 2023 YoY −16.7% down 16.7% versus August 2022

Avg. LDOM — Average days on market for the current listing. Not reported before 2020.

27

MoM +10 days +58.8% up 10 days, 58.8% versus July 2023 YoY −3.6% down 3.6% versus August 2022

Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.

36

MoM +15 days +71.4% up 15 days, 71.4% versus July 2023 YoY −18.2% down 18.2% versus August 2022

Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.

98%

MoM −2.0 pp −2.0% down 2.0 pp, 2.0% versus July 2023 YoY −1.0% down 1.0% versus August 2022

SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.

41.1%

MoM −20.9 pp −33.7% down 20.9 pp, 33.7% versus July 2023 YoY −40.2% down 40.2% versus August 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.

2.5

MoM +1 +66.7% up 1, 66.7% versus July 2023 YoY +22.2% up 22.2% versus August 2022

Trend

13 months to August 2023

Average price

Dufferin County average selling price over the 13 months ending August 2023.
Month Average price
Aug '22 829100
Sep '22 805770
Oct '22 783615
Nov '22 732027
Dec '22 716294
Jan '23 830577
Feb '23 812808
Mar '23 776417
Apr '23 849770
May '23 834189
Jun '23 847527
Jul '23 848354
Aug '23 843559

Sales

Dufferin County sales over the 13 months ending August 2023.
Month Sales
Aug '22 44
Sep '22 44
Oct '22 26
Nov '22 22
Dec '22 17
Jan '23 21
Feb '23 26
Mar '23 30
Apr '23 57
May '23 52
Jun '23 44
Jul '23 44
Aug '23 30

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 30 −14 −31.8% down 14, 31.8% versus July 2023 $843,559 −$4,795 −0.6% down $4,795, 0.6% versus July 2023 $813,750 41.1% 2.5
Detached 18 −10 −35.7% down 10, 35.7% versus July 2023 $969,682 +$21,961 +2.3% up $21,961, 2.3% versus July 2023 $934,950 39.1% 2.7
Semi-detached 3 −5 −62.5% down 5, 62.5% versus July 2023 $640,000 −$61,238 −8.7% down $61,238, 8.7% versus July 2023 $670,000 37.5% 2.7
Att/row/townhouse 4 +1 +33.3% up 1, 33.3% versus July 2023 $754,125 −$23,203 −3.0% down $23,203, 3.0% versus July 2023 $799,500 28.6% 2.5
Condo townhouse 3 +1 +50.0% up 1, 50.0% versus July 2023 $588,667 −$23,833 −3.9% down $23,833, 3.9% versus July 2023 $598,000 150.0% 0.7
Condo apartment 2 no change no change versus July 2023 $575,000 +$242,750 +73.1% up $242,750, 73.1% versus July 2023 $575,000 66.7% 2.5

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 394.9 $847,800 +3.3% up 3.3%
Single-family detached 402.5 $951,200 +3.6% up 3.6%
Single-family attached 419.3 $754,800 +4.5% up 4.5%
Townhouse 458.3 $629,200 +4.9% up 4.9%
Apartment 388.4 $523,900 −2.3% down 2.3%

Movers within Dufferin County

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Orangeville −0.6% down 0.6%

Bottom 5

  1. Orangeville −0.6% down 0.6%

Sales, month-over-month

Top 5

  1. Orangeville −31.8% down 31.8%

Bottom 5

  1. Orangeville −31.8% down 31.8%

Dufferin County

Orangeville

Orangeville, Dufferin County

$843,559

−$4,795 −0.6% down $4,795, 0.6% versus July 2023

Sales
30
SP/LP
98%
DOM
27
SNLR
41.1%

Full history →

All Dufferin County areas

0 areas

Area Sales MoM $ volume Average MoM Median New Active SP/LP LDOM PDOM SNLR MOI