Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$966,056
MoM +$19,181 +2.0% up $19,181, 2.0% versus February 2024 YoY +2.4% up 2.4% versus March 2023
Source: TRREB MarketWatch, March 2024
5 areas
Simcoe County
March 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.
$927,500
MoM +$57,000 +6.5% up $57,000, 6.5% versus February 2024 YoY +4.2% up 4.2% versus March 2023
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$899,400
MoM +$22,200 +2.5% up $22,200, 2.5% versus February 2024 YoY +3.0% up 3.0% versus March 2023
Sales — Firm transactions reported through the MLS® System during the month.
226
MoM +40 +21.5% up 40, 21.5% versus February 2024 YoY +2.3% up 2.3% versus March 2023
Dollar volume — Total value of all sales in the month.
$218.3M
MoM +$42,209,844 +24.0% up $42,209,844, 24.0% versus February 2024 YoY +4.7% up 4.7% versus March 2023
New listings — Properties newly listed during the month.
520
MoM +74 +16.6% up 74, 16.6% versus February 2024 YoY +21.8% up 21.8% versus March 2023
Active listings — Listings available at month end.
487
MoM +69 +16.5% up 69, 16.5% versus February 2024 YoY −3.6% down 3.6% versus March 2023
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
25
MoM −7 days −21.9% down 7 days, 21.9% versus February 2024 YoY +4.2% up 4.2% versus March 2023
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
36
MoM −14 days −28.0% down 14 days, 28.0% versus February 2024 YoY +5.9% up 5.9% versus March 2023
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 February 2024 YoY +1.0% up 1.0% versus March 2023
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
43.5%
MoM +1.8 pp +4.2% up 1.8 pp, 4.2% versus February 2024 YoY −16.0% down 16.0% versus March 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.
2.1
MoM −0 −4.1% down 0, 4.1% versus February 2024 YoY −5.7% down 5.7% versus March 2023
Trend
13 months to March 2024
Average price
| Month | Average price |
|---|---|
| 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 |
| Mar '24 | 966056 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Mar '24 | 226 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 226 | +40 +21.5% up 40, 21.5% versus February 2024 | $966,056 | +$19,181 +2.0% up $19,181, 2.0% versus February 2024 | $927,500 | 43.5% | 2.1 |
| Detached | 169 | +26 +18.2% up 26, 18.2% versus February 2024 | $1,014,887 | −$4,472 −0.4% down $4,472, 0.4% versus February 2024 | $980,000 | 42.8% | 2.2 |
| Semi-detached | 18 | +10 +125.0% up 10, 125.0% versus February 2024 | $842,128 | +$64,628 +8.3% up $64,628, 8.3% versus February 2024 | $872,500 | 94.7% | 0.3 |
| Att/row/townhouse | 24 | +9 +60.0% up 9, 60.0% versus February 2024 | $875,933 | +$157,940 +22.0% up $157,940, 22.0% versus February 2024 | $785,000 | 49.0% | 1.2 |
| Condo townhouse | 3 | no change no change versus February 2024 | $665,967 | +$7,634 +1.2% up $7,634, 1.2% versus February 2024 | $632,900 | 60.0% | 3.0 |
| Condo apartment | 6 | −5 −45.5% down 5, 45.5% versus February 2024 | $555,417 | −$1,719 −0.3% down $1,719, 0.3% versus February 2024 | $527,500 | 13.9% | 9.7 |
| Detached condo | 6 | +3 +100.0% up 3, 100.0% versus February 2024 | $883,583 | −$153,084 −14.8% down $153,084, 14.8% versus February 2024 | $773,500 | 120.0% | 0.8 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 403 | $899,400 | +3.0% up 3.0% |
| Single-family detached | 416.3 | $950,300 | +3.8% up 3.8% |
| Single-family attached | 402.7 | $776,900 | +3.9% up 3.9% |
| Townhouse | 370 | $623,100 | +0.7% up 0.7% |
| Apartment | 385.2 | $615,500 | −1.7% down 1.7% |
Movers within Simcoe County
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Essa +20.3% up 20.3%
- Innisfil +19.1% up 19.1%
- Bradford West Gwillimbury +0.6% up 0.6%
- New Tecumseth −9.9% down 9.9%
Bottom 5
- New Tecumseth −9.9% down 9.9%
- Bradford West Gwillimbury +0.6% up 0.6%
- Innisfil +19.1% up 19.1%
- Essa +20.3% up 20.3%
Sales, month-over-month
Top 5
- Innisfil +44.4% up 44.4%
- Essa +27.3% up 27.3%
- New Tecumseth +13.6% up 13.6%
- Bradford West Gwillimbury +7.1% up 7.1%
Bottom 5
- Bradford West Gwillimbury +7.1% up 7.1%
- New Tecumseth +13.6% up 13.6%
- Essa +27.3% up 27.3%
- Innisfil +44.4% up 44.4%
Simcoe County
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$1,112,293
+$6,730 +0.6% up $6,730, 0.6% versus February 2024
- Sales
- 45
- SP/LP
- 101%
- DOM
- 14
- SNLR
- 43.3%
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$983,375
−$198,458 −16.8% down $198,458, 16.8% versus February 2024
- Sales
- 8
- SP/LP
- 99%
- DOM
- 20
- SNLR
- 20.0%
Innisfil
Innisfil, Simcoe County
$967,717
+$155,523 +19.1% up $155,523, 19.1% versus February 2024
- Sales
- 78
- SP/LP
- 98%
- DOM
- 29
- SNLR
- 37.1%
New Tecumseth
New Tecumseth, Simcoe County
$906,534
−$100,028 −9.9% down $100,028, 9.9% versus February 2024
- Sales
- 67
- SP/LP
- 98%
- DOM
- 27
- SNLR
- 61.5%
Essa
Essa, Simcoe County
$863,879
+$145,565 +20.3% up $145,565, 20.3% versus February 2024
- Sales
- 28
- SP/LP
- 97%
- DOM
- 25
- SNLR
- 49.1%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|