Source: TRREB MarketWatch, August 2024

5 areas

Simcoe County

August 2024

Headline indicators

All home types

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

$900,736

MoM −$61,716 −6.4% down $61,716, 6.4% versus July 2024 YoY −5.9% down 5.9% versus August 2023

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

$830,000

MoM −$52,500 −5.9% down $52,500, 5.9% versus July 2024 YoY −5.3% down 5.3% versus August 2023

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

$895,100

MoM +$1,600 +0.2% up $1,600, 0.2% versus July 2024 YoY −2.2% down 2.2% versus August 2023

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

173

MoM +5 +3.0% up 5, 3.0% versus July 2024 YoY +16.9% up 16.9% versus August 2023

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

$155.8M

MoM −$5,864,613 −3.6% down $5,864,613, 3.6% versus July 2024 YoY +10.0% up 10.0% versus August 2023

New listings — Properties newly listed during the month.

494

MoM −71 −12.6% down 71, 12.6% versus July 2024 YoY +8.3% up 8.3% versus August 2023

Active listings — Listings available at month end.

977

MoM −7 −0.7% down 7, 0.7% versus July 2024 YoY +34.4% up 34.4% versus August 2023

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

36

MoM +6 days +20.0% up 6 days, 20.0% versus July 2024 YoY +50.0% up 50.0% versus August 2023

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

51

MoM +2 days +4.1% up 2 days, 4.1% versus July 2024 YoY +41.7% up 41.7% versus August 2023

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

96%

MoM no change no change versus July 2024 YoY −2.0% down 2.0% versus August 2023

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

35.0%

MoM +5.3 pp +17.8% up 5.3 pp, 17.8% versus July 2024 YoY +7.9% up 7.9% versus August 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.

5.7

MoM −0 −3.6% down 0, 3.6% versus July 2024 YoY +15.0% up 15.0% versus August 2023

Trend

13 months to August 2024

Average price

Simcoe County average selling price over the 13 months ending August 2024.
Month Average price
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
Jul '24 962452
Aug '24 900736

Sales

Simcoe County sales over the 13 months ending August 2024.
Month Sales
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
Jul '24 168
Aug '24 173

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 173 +5 +3.0% up 5, 3.0% versus July 2024 $900,736 −$61,716 −6.4% down $61,716, 6.4% versus July 2024 $830,000 35.0% 5.7
Detached 128 −2 −1.5% down 2, 1.5% versus July 2024 $968,853 −$39,575 −3.9% down $39,575, 3.9% versus July 2024 $897,500 33.9% 6.0
Semi-detached 7 −2 −22.2% down 2, 22.2% versus July 2024 $807,200 +$11,878 +1.5% up $11,878, 1.5% versus July 2024 $800,000 46.7% 3.1
Att/row/townhouse 18 −1 −5.3% down 1, 5.3% versus July 2024 $766,038 −$49,983 −6.1% down $49,983, 6.1% versus July 2024 $741,250 34.0% 4.2
Condo townhouse 2 +1 +100.0% up 1, 100.0% versus July 2024 $666,300 −$73,700 −10.0% down $73,700, 10.0% versus July 2024 $666,300 20.0% 6.5
Condo apartment 11 +6 +120.0% up 6, 120.0% versus July 2024 $525,445 −$12,555 −2.3% down $12,555, 2.3% versus July 2024 $510,000 50.0% 5.9
Link 5 +3 +150.0% up 3, 150.0% versus July 2024 $743,500 −$218,450 −22.7% down $218,450, 22.7% versus July 2024 $725,000 71.4% 1.8
Detached condo 2 no change no change versus July 2024 $772,500 −$517,500 −40.1% down $517,500, 40.1% versus July 2024 $772,500 22.2% 9.0

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 407 $895,100 −2.2% down 2.2%
Single-family detached 420.3 $940,300 −1.6% down 1.6%
Single-family attached 406.2 $779,000 −1.1% down 1.1%
Townhouse 368.2 $623,400 −6.6% down 6.6%
Apartment 400.1 $577,300 −8.1% down 8.1%

Movers within Simcoe County

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Innisfil +9.2% up 9.2%
  2. Essa −5.0% down 5.0%
  3. Bradford West Gwillimbury −11.6% down 11.6%
  4. New Tecumseth −13.4% down 13.4%
  5. Adjala-Tosorontio −32.5% down 32.5%

Bottom 5

  1. Adjala-Tosorontio −32.5% down 32.5%
  2. New Tecumseth −13.4% down 13.4%
  3. Bradford West Gwillimbury −11.6% down 11.6%
  4. Essa −5.0% down 5.0%
  5. Innisfil +9.2% up 9.2%

Sales, month-over-month

Top 5

  1. Innisfil +10.5% up 10.5%
  2. Adjala-Tosorontio +9.1% up 9.1%
  3. Bradford West Gwillimbury +6.9% up 6.9%
  4. New Tecumseth −4.3% down 4.3%
  5. Essa −8.0% down 8.0%

Bottom 5

  1. Essa −8.0% down 8.0%
  2. New Tecumseth −4.3% down 4.3%
  3. Bradford West Gwillimbury +6.9% up 6.9%
  4. Adjala-Tosorontio +9.1% up 9.1%
  5. Innisfil +10.5% up 10.5%

Simcoe County

Bradford West Gwillimbury

Bradford West Gwillimbury, Simcoe County

$1,026,242

−$134,237 −11.6% down $134,237, 11.6% versus July 2024

Sales
31
SP/LP
98%
DOM
24
SNLR
33.3%

Full history →

Innisfil

Innisfil, Simcoe County

$930,056

+$78,052 +9.2% up $78,052, 9.2% versus July 2024

Sales
63
SP/LP
95%
DOM
35
SNLR
35.8%

Full history →

Adjala-Tosorontio

Adjala-Tosorontio, Simcoe County

$906,625

−$436,639 −32.5% down $436,639, 32.5% versus July 2024

Sales
12
SP/LP
96%
DOM
44
SNLR
35.3%

Full history →

New Tecumseth

New Tecumseth, Simcoe County

$831,247

−$128,462 −13.4% down $128,462, 13.4% versus July 2024

Sales
44
SP/LP
97%
DOM
43
SNLR
32.1%

Full history →

Essa

Essa, Simcoe County

$781,126

−$40,926 −5.0% down $40,926, 5.0% versus July 2024

Sales
23
SP/LP
96%
DOM
37
SNLR
42.6%

Full history →

All Simcoe County areas

0 areas

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