Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$946,875
MoM +$58,556 +6.6% up $58,556, 6.6% versus January 2024 YoY +4.6% up 4.6% versus February 2023
Source: TRREB MarketWatch, February 2024
5 areas
Simcoe County
February 2024
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$870,500
MoM +$40,500 +4.9% up $40,500, 4.9% versus January 2024 YoY +0.3% up 0.3% versus February 2023
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$877,200
MoM +$24,900 +2.9% up $24,900, 2.9% versus January 2024 YoY +2.2% up 2.2% versus February 2023
Sales — Firm transactions reported through the MLS® System during the month.
186
MoM +60 +47.6% up 60, 47.6% versus January 2024 YoY +29.2% up 29.2% versus February 2023
Dollar volume — Total value of all sales in the month.
$176.1M
MoM +$64,190,497 +57.3% up $64,190,497, 57.3% versus January 2024 YoY +35.1% up 35.1% versus February 2023
New listings — Properties newly listed during the month.
446
MoM +153 +52.2% up 153, 52.2% versus January 2024 YoY +30.8% up 30.8% versus February 2023
Active listings — Listings available at month end.
418
MoM +37 +9.7% up 37, 9.7% versus January 2024 YoY −11.6% down 11.6% versus February 2023
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
32
MoM −17 days −34.7% down 17 days, 34.7% versus January 2024 YoY +18.5% up 18.5% versus February 2023
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
50
MoM −24 days −32.4% down 24 days, 32.4% versus January 2024 YoY +42.9% up 42.9% versus February 2023
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
98%
MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus January 2024 YoY +1.0% up 1.0% versus February 2023
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
41.7%
MoM −1.3 pp −3.0% down 1.3 pp, 3.0% versus January 2024 YoY −1.2% down 1.2% versus February 2023
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.
2.3
MoM −1 −25.7% down 1, 25.7% versus January 2024 YoY −31.6% down 31.6% versus February 2023
Trend
13 months to February 2024
Average price
| Month | Average price |
|---|---|
| Feb '23 | 905114 |
| Mar '23 | 943365 |
| Apr '23 | 956630 |
| May '23 | 994080 |
| Jun '23 | 980067 |
| Jul '23 | 937032 |
| Aug '23 | 957457 |
| Sep '23 | 937278 |
| Oct '23 | 974831 |
| Nov '23 | 969650 |
| Dec '23 | 881961 |
| Jan '24 | 888319 |
| Feb '24 | 946875 |
Sales
| Month | Sales |
|---|---|
| Feb '23 | 144 |
| Mar '23 | 221 |
| Apr '23 | 265 |
| May '23 | 269 |
| Jun '23 | 234 |
| Jul '23 | 173 |
| Aug '23 | 148 |
| Sep '23 | 138 |
| Oct '23 | 120 |
| Nov '23 | 102 |
| Dec '23 | 99 |
| Jan '24 | 126 |
| Feb '24 | 186 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 186 | +60 +47.6% up 60, 47.6% versus January 2024 | $946,875 | +$58,556 +6.6% up $58,556, 6.6% versus January 2024 | $870,500 | 41.7% | 2.3 |
| Detached | 143 | +47 +49.0% up 47, 49.0% versus January 2024 | $1,019,359 | +$75,919 +8.0% up $75,919, 8.0% versus January 2024 | $940,000 | 41.7% | 2.3 |
| Semi-detached | 8 | +1 +14.3% up 1, 14.3% versus January 2024 | $777,500 | +$44,286 +6.0% up $44,286, 6.0% versus January 2024 | $775,000 | 53.3% | 0.6 |
| Att/row/townhouse | 15 | +1 +7.1% up 1, 7.1% versus January 2024 | $717,993 | −$88,471 −11.0% down $88,471, 11.0% versus January 2024 | $675,000 | 34.1% | 1.7 |
| Condo townhouse | 3 | n/a not available, prior month not on file versus January 2024 | $658,333 | n/a not available, prior month not on file versus January 2024 | $665,000 | 33.3% | 3.7 |
| Condo apartment | 11 | +4 +57.1% up 4, 57.1% versus January 2024 | $557,136 | +$62,136 +12.6% up $62,136, 12.6% versus January 2024 | $540,000 | 42.3% | 3.7 |
| Link | 3 | n/a not available, prior month not on file versus January 2024 | $715,667 | n/a not available, prior month not on file versus January 2024 | $717,000 | 75.0% | 0.7 |
| Detached condo | 3 | +1 +50.0% up 1, 50.0% versus January 2024 | $1,036,667 | +$301,667 +41.0% up $301,667, 41.0% versus January 2024 | $1,075,000 | 60.0% | 2.7 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 393 | $877,200 | +2.2% up 2.2% |
| Single-family detached | 406.3 | $927,500 | +3.2% up 3.2% |
| Single-family attached | 390 | $752,400 | +2.2% up 2.2% |
| Townhouse | 356.3 | $600,000 | −5.0% down 5.0% |
| Apartment | 382 | $610,500 | +2.8% up 2.8% |
Movers within Simcoe County
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- New Tecumseth +26.5% up 26.5%
- Bradford West Gwillimbury +7.9% up 7.9%
- Innisfil −9.7% down 9.7%
- Essa −13.0% down 13.0%
Bottom 5
- Essa −13.0% down 13.0%
- Innisfil −9.7% down 9.7%
- Bradford West Gwillimbury +7.9% up 7.9%
- New Tecumseth +26.5% up 26.5%
Sales, month-over-month
Top 5
- Innisfil +86.2% up 86.2%
- Essa +57.1% up 57.1%
- Bradford West Gwillimbury +35.5% up 35.5%
- New Tecumseth +31.1% up 31.1%
Bottom 5
- New Tecumseth +31.1% up 31.1%
- Bradford West Gwillimbury +35.5% up 35.5%
- Essa +57.1% up 57.1%
- Innisfil +86.2% up 86.2%
Simcoe County
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$1,181,833
+$222,976 +23.3% up $222,976, 23.3% versus January 2024
- Sales
- 9
- SP/LP
- 96%
- DOM
- 42
- SNLR
- 40.9%
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$1,105,563
+$81,014 +7.9% up $81,014, 7.9% versus January 2024
- Sales
- 42
- SP/LP
- 100%
- DOM
- 27
- SNLR
- 50.0%
New Tecumseth
New Tecumseth, Simcoe County
$1,006,562
+$210,869 +26.5% up $210,869, 26.5% versus January 2024
- Sales
- 59
- SP/LP
- 97%
- DOM
- 41
- SNLR
- 48.0%
Innisfil
Innisfil, Simcoe County
$812,194
−$87,358 −9.7% down $87,358, 9.7% versus January 2024
- Sales
- 54
- SP/LP
- 98%
- DOM
- 28
- SNLR
- 33.8%
Essa
Essa, Simcoe County
$718,314
−$107,543 −13.0% down $107,543, 13.0% versus January 2024
- Sales
- 22
- SP/LP
- 98%
- DOM
- 24
- SNLR
- 38.6%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|