Source: TRREB MarketWatch, October 2024

5 areas

Simcoe County

October 2024

Headline indicators

All home types

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

$950,923

MoM +$25,047 +2.7% up $25,047, 2.7% versus September 2024 YoY −2.5% down 2.5% versus October 2023

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

$880,000

MoM +$30,000 +3.5% up $30,000, 3.5% versus September 2024 YoY +3.3% up 3.3% versus October 2023

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

$882,000

MoM +$3,200 +0.4% up $3,200, 0.4% versus September 2024 YoY −1.2% down 1.2% versus October 2023

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

201

MoM +34 +20.4% up 34, 20.4% versus September 2024 YoY +67.5% up 67.5% versus October 2023

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

$191.1M

MoM +$36,514,212 +23.6% up $36,514,212, 23.6% versus September 2024 YoY +63.4% up 63.4% versus October 2023

New listings — Properties newly listed during the month.

491

MoM −175 −26.3% down 175, 26.3% versus September 2024 YoY +1.9% up 1.9% versus October 2023

Active listings — Listings available at month end.

1,006

MoM −62 −5.8% down 62, 5.8% versus September 2024 YoY +22.2% up 22.2% versus October 2023

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

33

MoM no change no change versus September 2024 YoY +10.0% up 10.0% versus October 2023

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

50

MoM −2 days −3.8% down 2 days, 3.8% versus September 2024 YoY +13.6% up 13.6% versus October 2023

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

97%

MoM no change no change versus September 2024 YoY no change no change versus October 2023

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

40.9%

MoM +15.9 pp +63.3% up 15.9 pp, 63.3% versus September 2024 YoY +64.4% up 64.4% versus October 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.

5.0

MoM −1 −21.7% down 1, 21.7% versus September 2024 YoY −27.0% down 27.0% versus October 2023

Trend

13 months to October 2024

Average price

Simcoe County average selling price over the 13 months ending October 2024.
Month Average price
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
Oct '24 950923

Sales

Simcoe County sales over the 13 months ending October 2024.
Month Sales
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
Oct '24 201

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 201 +34 +20.4% up 34, 20.4% versus September 2024 $950,923 +$25,047 +2.7% up $25,047, 2.7% versus September 2024 $880,000 40.9% 5.0
Detached 156 +26 +20.0% up 26, 20.0% versus September 2024 $1,003,074 +$25,893 +2.6% up $25,893, 2.6% versus September 2024 $922,500 40.5% 5.1
Semi-detached 12 +6 +100.0% up 6, 100.0% versus September 2024 $872,167 +$66,334 +8.2% up $66,334, 8.2% versus September 2024 $942,500 75.0% 2.0
Att/row/townhouse 18 +1 +5.9% up 1, 5.9% versus September 2024 $748,194 −$37,909 −4.8% down $37,909, 4.8% versus September 2024 $732,500 47.4% 4.0
Condo apartment 8 +2 +33.3% up 2, 33.3% versus September 2024 $559,375 +$44,042 +8.5% up $44,042, 8.5% versus September 2024 $557,500 24.2% 9.3
Link 3 +1 +50.0% up 1, 50.0% versus September 2024 $809,167 −$10,833 −1.3% down $10,833, 1.3% versus September 2024 $780,000 100.0% 2.0
Detached condo 4 no change no change versus September 2024 $955,000 +$70,000 +7.9% up $70,000, 7.9% versus September 2024 $892,500 66.7% 4.5

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 401.1 $882,000 −1.2% down 1.2%
Single-family detached 414 $926,200 −0.9% down 0.9%
Single-family attached 400.7 $768,500 +0.6% up 0.6%
Townhouse 355.9 $602,600 −4.3% down 4.3%
Apartment 397 $572,800 −4.3% down 4.3%

Movers within Simcoe County

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Adjala-Tosorontio +25.1% up 25.1%
  2. Bradford West Gwillimbury +9.0% up 9.0%
  3. New Tecumseth +1.9% up 1.9%
  4. Essa −7.1% down 7.1%
  5. Innisfil −12.4% down 12.4%

Bottom 5

  1. Innisfil −12.4% down 12.4%
  2. Essa −7.1% down 7.1%
  3. New Tecumseth +1.9% up 1.9%
  4. Bradford West Gwillimbury +9.0% up 9.0%
  5. Adjala-Tosorontio +25.1% up 25.1%

Sales, month-over-month

Top 5

  1. Bradford West Gwillimbury +150.0% up 150.0%
  2. Adjala-Tosorontio +44.4% up 44.4%
  3. Innisfil +7.1% up 7.1%
  4. New Tecumseth +3.6% up 3.6%
  5. Essa −37.5% down 37.5%

Bottom 5

  1. Essa −37.5% down 37.5%
  2. New Tecumseth +3.6% up 3.6%
  3. Innisfil +7.1% up 7.1%
  4. Adjala-Tosorontio +44.4% up 44.4%
  5. Bradford West Gwillimbury +150.0% up 150.0%

Simcoe County

Adjala-Tosorontio

Adjala-Tosorontio, Simcoe County

$1,270,577

+$254,777 +25.1% up $254,777, 25.1% versus September 2024

Sales
13
SP/LP
95%
DOM
35
SNLR
36.1%

Full history →

Bradford West Gwillimbury

Bradford West Gwillimbury, Simcoe County

$1,092,894

+$89,990 +9.0% up $89,990, 9.0% versus September 2024

Sales
55
SP/LP
97%
DOM
33
SNLR
57.3%

Full history →

New Tecumseth

New Tecumseth, Simcoe County

$896,110

+$17,070 +1.9% up $17,070, 1.9% versus September 2024

Sales
58
SP/LP
98%
DOM
33
SNLR
45.7%

Full history →

Innisfil

Innisfil, Simcoe County

$850,998

−$121,007 −12.4% down $121,007, 12.4% versus September 2024

Sales
60
SP/LP
96%
DOM
35
SNLR
33.3%

Full history →

Essa

Essa, Simcoe County

$764,973

−$58,223 −7.1% down $58,223, 7.1% versus September 2024

Sales
15
SP/LP
98%
DOM
29
SNLR
28.9%

Full history →

All Simcoe County areas

0 areas

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