Source: TRREB MarketWatch, June 2024

5 areas

Simcoe County

June 2024

Headline indicators

All home types

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

$976,306

MoM +$31,409 +3.3% up $31,409, 3.3% versus May 2024 YoY −0.4% down 0.4% versus June 2023

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

$915,000

MoM +$55,000 +6.4% up $55,000, 6.4% versus May 2024 YoY +4.0% up 4.0% versus June 2023

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

$916,400

MoM +$7,200 +0.8% up $7,200, 0.8% versus May 2024 YoY +1.9% up 1.9% versus June 2023

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

190

MoM −11 −5.5% down 11, 5.5% versus May 2024 YoY −18.8% down 18.8% versus June 2023

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

$185.5M

MoM −$4,426,271 −2.3% down $4,426,271, 2.3% versus May 2024 YoY −19.1% down 19.1% versus June 2023

New listings — Properties newly listed during the month.

613

MoM −76 −11.0% down 76, 11.0% versus May 2024 YoY +10.1% up 10.1% versus June 2023

Active listings — Listings available at month end.

990

MoM +77 +8.4% up 77, 8.4% versus May 2024 YoY +53.3% up 53.3% versus June 2023

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

28

MoM +2 days +7.7% up 2 days, 7.7% versus May 2024 YoY +21.7% up 21.7% versus June 2023

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

41

MoM +4 days +10.8% up 4 days, 10.8% versus May 2024 YoY +24.2% up 24.2% versus June 2023

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

99%

MoM no change no change versus May 2024 YoY −1.0% down 1.0% versus June 2023

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

31.0%

MoM +1.8 pp +6.2% up 1.8 pp, 6.2% versus May 2024 YoY −26.2% down 26.2% versus June 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.

5.2

MoM +1 +14.7% up 1, 14.7% versus May 2024 YoY +88.7% up 88.7% versus June 2023

Trend

13 months to June 2024

Average price

Simcoe County average selling price over the 13 months ending June 2024.
Month Average price
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
Apr '24 955045
May '24 944897
Jun '24 976306

Sales

Simcoe County sales over the 13 months ending June 2024.
Month Sales
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
Apr '24 234
May '24 201
Jun '24 190

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 190 −11 −5.5% down 11, 5.5% versus May 2024 $976,306 +$31,409 +3.3% up $31,409, 3.3% versus May 2024 $915,000 31.0% 5.2
Detached 144 −12 −7.7% down 12, 7.7% versus May 2024 $1,048,651 +$58,162 +5.9% up $58,162, 5.9% versus May 2024 $975,000 28.9% 5.6
Semi-detached 10 +3 +42.9% up 3, 42.9% versus May 2024 $857,050 −$4,379 −0.5% down $4,379, 0.5% versus May 2024 $873,500 71.4% 1.7
Att/row/townhouse 20 −6 −23.1% down 6, 23.1% versus May 2024 $773,670 −$66,993 −8.0% down $66,993, 8.0% versus May 2024 $765,000 44.4% 3.4
Condo townhouse 3 n/a not available, prior month not on file versus May 2024 $639,667 n/a not available, prior month not on file versus May 2024 $620,000 100.0% 5.0
Condo apartment 9 +1 +12.5% up 1, 12.5% versus May 2024 $558,389 −$5,461 −1.0% down $5,461, 1.0% versus May 2024 $530,000 31.0% 7.1
Link 1 −1 −50.0% down 1, 50.0% versus May 2024 $825,000 +$82,500 +11.1% up $82,500, 11.1% versus May 2024 $825,000 10.0% 11.0
Detached condo 3 +1 +50.0% up 1, 50.0% versus May 2024 $893,000 +$130,500 +17.1% up $130,500, 17.1% versus May 2024 $829,000 23.1% 4.7

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 416.7 $916,400 +1.9% up 1.9%
Single-family detached 430.8 $963,600 +3.1% up 3.1%
Single-family attached 410 $786,300 +0.5% up 0.5%
Townhouse 371.8 $629,500 −4.9% down 4.9%
Apartment 414.1 $597,500 −5.7% down 5.7%

Movers within Simcoe County

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Adjala-Tosorontio +49.1% up 49.1%
  2. Innisfil +6.5% up 6.5%
  3. New Tecumseth +3.3% up 3.3%
  4. Bradford West Gwillimbury −5.9% down 5.9%
  5. Essa −8.8% down 8.8%

Bottom 5

  1. Essa −8.8% down 8.8%
  2. Bradford West Gwillimbury −5.9% down 5.9%
  3. New Tecumseth +3.3% up 3.3%
  4. Innisfil +6.5% up 6.5%
  5. Adjala-Tosorontio +49.1% up 49.1%

Sales, month-over-month

Top 5

  1. Bradford West Gwillimbury +10.8% up 10.8%
  2. Innisfil +6.2% up 6.2%
  3. Essa −3.6% down 3.6%
  4. New Tecumseth −18.9% down 18.9%
  5. Adjala-Tosorontio −44.4% down 44.4%

Bottom 5

  1. Adjala-Tosorontio −44.4% down 44.4%
  2. New Tecumseth −18.9% down 18.9%
  3. Essa −3.6% down 3.6%
  4. Innisfil +6.2% up 6.2%
  5. Bradford West Gwillimbury +10.8% up 10.8%

Simcoe County

Adjala-Tosorontio

Adjala-Tosorontio, Simcoe County

$1,609,910

+$530,382 +49.1% up $530,382, 49.1% versus May 2024

Sales
10
SP/LP
99%
DOM
22
SNLR
20.8%

Full history →

Bradford West Gwillimbury

Bradford West Gwillimbury, Simcoe County

$1,066,146

−$66,976 −5.9% down $66,976, 5.9% versus May 2024

Sales
41
SP/LP
99%
DOM
23
SNLR
46.1%

Full history →

Innisfil

Innisfil, Simcoe County

$948,977

+$57,884 +6.5% up $57,884, 6.5% versus May 2024

Sales
69
SP/LP
99%
DOM
29
SNLR
28.4%

Full history →

New Tecumseth

New Tecumseth, Simcoe County

$892,379

+$28,127 +3.3% up $28,127, 3.3% versus May 2024

Sales
43
SP/LP
100%
DOM
26
SNLR
29.1%

Full history →

Essa

Essa, Simcoe County

$808,715

−$78,464 −8.8% down $78,464, 8.8% versus May 2024

Sales
27
SP/LP
98%
DOM
38
SNLR
31.8%

Full history →

All Simcoe County areas

0 areas

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