Source: TRREB MarketWatch, September 2024

5 areas

Simcoe County

September 2024

Headline indicators

All home types

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

$925,876

MoM +$25,140 +2.8% up $25,140, 2.8% versus August 2024 YoY −1.2% down 1.2% versus September 2023

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

$850,000

MoM +$20,000 +2.4% up $20,000, 2.4% versus August 2024 YoY −3.7% down 3.7% versus September 2023

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

$878,800

MoM −$16,300 −1.8% down $16,300, 1.8% versus August 2024 YoY −2.4% down 2.4% versus September 2023

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

167

MoM −6 −3.5% down 6, 3.5% versus August 2024 YoY +21.0% up 21.0% versus September 2023

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

$154.6M

MoM −$1,205,951 −0.8% down $1,205,951, 0.8% versus August 2024 YoY +19.5% up 19.5% versus September 2023

New listings — Properties newly listed during the month.

666

MoM +172 +34.8% up 172, 34.8% versus August 2024 YoY +20.2% up 20.2% versus September 2023

Active listings — Listings available at month end.

1,068

MoM +91 +9.3% up 91, 9.3% versus August 2024 YoY +30.9% up 30.9% versus September 2023

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

33

MoM −3 days −8.3% down 3 days, 8.3% versus August 2024 YoY +13.8% up 13.8% versus September 2023

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

52

MoM +1 day +2.0% up 1 day, 2.0% versus August 2024 YoY +30.0% up 30.0% versus September 2023

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

97%

MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus August 2024 YoY no change no change versus September 2023

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

25.1%

MoM −9.9 pp −28.4% down 9.9 pp, 28.4% versus August 2024 YoY +0.7% up 0.7% versus September 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.

6.4

MoM +1 +13.2% up 1, 13.2% versus August 2024 YoY +8.2% up 8.2% versus September 2023

Trend

13 months to September 2024

Average price

Simcoe County average selling price over the 13 months ending September 2024.
Month Average price
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
Sep '24 925876

Sales

Simcoe County sales over the 13 months ending September 2024.
Month Sales
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
Sep '24 167

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 167 −6 −3.5% down 6, 3.5% versus August 2024 $925,876 +$25,140 +2.8% up $25,140, 2.8% versus August 2024 $850,000 25.1% 6.4
Detached 130 +2 +1.6% up 2, 1.6% versus August 2024 $977,181 +$8,328 +0.9% up $8,328, 0.9% versus August 2024 $899,500 25.1% 6.4
Semi-detached 6 −1 −14.3% down 1, 14.3% versus August 2024 $805,833 −$1,367 −0.2% down $1,367, 0.2% versus August 2024 $758,500 35.3% 4.2
Att/row/townhouse 17 −1 −5.6% down 1, 5.6% versus August 2024 $786,103 +$20,065 +2.6% up $20,065, 2.6% versus August 2024 $802,000 29.3% 5.2
Condo townhouse 2 no change no change versus August 2024 $558,500 −$107,800 −16.2% down $107,800, 16.2% versus August 2024 $558,500 20.0% 8.5
Condo apartment 6 −5 −45.5% down 5, 45.5% versus August 2024 $515,333 −$10,112 −1.9% down $10,112, 1.9% versus August 2024 $530,000 13.6% 12.5
Link 2 −3 −60.0% down 3, 60.0% versus August 2024 $820,000 +$76,500 +10.3% up $76,500, 10.3% versus August 2024 $820,000 25.0% 5.0
Detached condo 4 +2 +100.0% up 2, 100.0% versus August 2024 $885,000 +$112,500 +14.6% up $112,500, 14.6% versus August 2024 $902,500 40.0% 5.3

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 399.6 $878,800 −2.4% down 2.4%
Single-family detached 412.5 $922,800 −1.8% down 1.8%
Single-family attached 401.3 $769,600 −1.1% down 1.1%
Townhouse 352.5 $596,700 −8.8% down 8.8%
Apartment 401.5 $579,300 −4.4% down 4.4%

Movers within Simcoe County

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. New Tecumseth +5.7% up 5.7%
  2. Essa +5.4% up 5.4%
  3. Innisfil +4.5% up 4.5%
  4. Bradford West Gwillimbury −2.3% down 2.3%

Bottom 5

  1. Bradford West Gwillimbury −2.3% down 2.3%
  2. Innisfil +4.5% up 4.5%
  3. Essa +5.4% up 5.4%
  4. New Tecumseth +5.7% up 5.7%

Sales, month-over-month

Top 5

  1. New Tecumseth +27.3% up 27.3%
  2. Essa +4.3% up 4.3%
  3. Innisfil −11.1% down 11.1%
  4. Bradford West Gwillimbury −29.0% down 29.0%

Bottom 5

  1. Bradford West Gwillimbury −29.0% down 29.0%
  2. Innisfil −11.1% down 11.1%
  3. Essa +4.3% up 4.3%
  4. New Tecumseth +27.3% up 27.3%

Simcoe County

Adjala-Tosorontio

Adjala-Tosorontio, Simcoe County

$1,015,800

+$109,175 +12.0% up $109,175, 12.0% versus August 2024

Sales
9
SP/LP
95%
DOM
29
SNLR
15.5%

Full history →

Bradford West Gwillimbury

Bradford West Gwillimbury, Simcoe County

$1,002,904

−$23,338 −2.3% down $23,338, 2.3% versus August 2024

Sales
22
SP/LP
99%
DOM
28
SNLR
18.8%

Full history →

Innisfil

Innisfil, Simcoe County

$972,005

+$41,949 +4.5% up $41,949, 4.5% versus August 2024

Sales
56
SP/LP
97%
DOM
33
SNLR
21.4%

Full history →

New Tecumseth

New Tecumseth, Simcoe County

$879,040

+$47,793 +5.7% up $47,793, 5.7% versus August 2024

Sales
56
SP/LP
98%
DOM
35
SNLR
35.4%

Full history →

Essa

Essa, Simcoe County

$823,196

+$42,070 +5.4% up $42,070, 5.4% versus August 2024

Sales
24
SP/LP
96%
DOM
38
SNLR
33.8%

Full history →

All Simcoe County areas

0 areas

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