Source: TRREB MarketWatch, November 2024

5 areas

Simcoe County

November 2024

Headline indicators

All home types

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

$905,208

MoM −$45,715 −4.8% down $45,715, 4.8% versus October 2024 YoY −6.6% down 6.6% versus November 2023

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

$860,000

MoM −$20,000 −2.3% down $20,000, 2.3% versus October 2024 YoY −2.4% down 2.4% versus November 2023

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

$880,900

MoM −$1,100 −0.1% down $1,100, 0.1% versus October 2024 YoY +2.1% up 2.1% versus November 2023

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

185

MoM −16 −8.0% down 16, 8.0% versus October 2024 YoY +81.4% up 81.4% versus November 2023

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

$167.5M

MoM −$23,672,028 −12.4% down $23,672,028, 12.4% versus October 2024 YoY +69.3% up 69.3% versus November 2023

New listings — Properties newly listed during the month.

389

MoM −102 −20.8% down 102, 20.8% versus October 2024 YoY +6.3% up 6.3% versus November 2023

Active listings — Listings available at month end.

857

MoM −149 −14.8% down 149, 14.8% versus October 2024 YoY +23.7% up 23.7% versus November 2023

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

40

MoM +7 days +21.2% up 7 days, 21.2% versus October 2024 YoY +33.3% up 33.3% versus November 2023

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

64

MoM +14 days +28.0% up 14 days, 28.0% versus October 2024 YoY +56.1% up 56.1% versus November 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 October 2024 YoY +2.1% up 2.1% versus November 2023

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

47.6%

MoM +6.6 pp +16.2% up 6.6 pp, 16.2% versus October 2024 YoY +70.6% up 70.6% versus November 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.

4.6

MoM −0 −7.4% down 0, 7.4% versus October 2024 YoY −31.8% down 31.8% versus November 2023

Trend

13 months to November 2024

Average price

Simcoe County average selling price over the 13 months ending November 2024.
Month Average price
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
Nov '24 905208

Sales

Simcoe County sales over the 13 months ending November 2024.
Month Sales
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
Nov '24 185

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 185 −16 −8.0% down 16, 8.0% versus October 2024 $905,208 −$45,715 −4.8% down $45,715, 4.8% versus October 2024 $860,000 47.6% 4.6
Detached 148 −8 −5.1% down 8, 5.1% versus October 2024 $934,275 −$68,799 −6.9% down $68,799, 6.9% versus October 2024 $890,000 49.0% 4.5
Semi-detached 6 −6 −50.0% down 6, 50.0% versus October 2024 $792,250 −$79,917 −9.2% down $79,917, 9.2% versus October 2024 $817,500 50.0% 2.8
Att/row/townhouse 16 −2 −11.1% down 2, 11.1% versus October 2024 $927,550 +$179,356 +24.0% up $179,356, 24.0% versus October 2024 $817,500 47.1% 3.9
Condo townhouse 2 n/a not available, prior month not on file versus October 2024 $587,500 n/a not available, prior month not on file versus October 2024 $587,500 22.2% 11.0
Condo apartment 8 no change no change versus October 2024 $556,500 −$2,875 −0.5% down $2,875, 0.5% versus October 2024 $542,500 32.0% 9.1
Link 2 −1 −33.3% down 1, 33.3% versus October 2024 $885,000 +$75,833 +9.4% up $75,833, 9.4% versus October 2024 $885,000 66.7% 2.5
Detached condo 3 −1 −25.0% down 1, 25.0% versus October 2024 $733,167 −$221,833 −23.2% down $221,833, 23.2% versus October 2024 $732,500 75.0% 4.0

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 400.6 $880,900 +2.1% up 2.1%
Single-family detached 413 $923,900 +2.6% up 2.6%
Single-family attached 403.5 $774,000 +2.7% up 2.7%
Townhouse 352.6 $596,900 −2.5% down 2.5%
Apartment 396 $571,500 −4.2% down 4.2%

Movers within Simcoe County

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Innisfil +10.5% up 10.5%
  2. Bradford West Gwillimbury −3.3% down 3.3%
  3. Essa −8.9% down 8.9%
  4. New Tecumseth −10.4% down 10.4%
  5. Adjala-Tosorontio −20.6% down 20.6%

Bottom 5

  1. Adjala-Tosorontio −20.6% down 20.6%
  2. New Tecumseth −10.4% down 10.4%
  3. Essa −8.9% down 8.9%
  4. Bradford West Gwillimbury −3.3% down 3.3%
  5. Innisfil +10.5% up 10.5%

Sales, month-over-month

Top 5

  1. New Tecumseth +1.7% up 1.7%
  2. Innisfil +1.7% up 1.7%
  3. Essa no change no change
  4. Adjala-Tosorontio −7.7% down 7.7%
  5. Bradford West Gwillimbury −30.9% down 30.9%

Bottom 5

  1. Bradford West Gwillimbury −30.9% down 30.9%
  2. Adjala-Tosorontio −7.7% down 7.7%
  3. Essa no change no change
  4. Innisfil +1.7% up 1.7%
  5. New Tecumseth +1.7% up 1.7%

Simcoe County

Bradford West Gwillimbury

Bradford West Gwillimbury, Simcoe County

$1,057,134

−$35,760 −3.3% down $35,760, 3.3% versus October 2024

Sales
38
SP/LP
98%
DOM
33
SNLR
57.6%

Full history →

Adjala-Tosorontio

Adjala-Tosorontio, Simcoe County

$1,008,500

−$262,077 −20.6% down $262,077, 20.6% versus October 2024

Sales
12
SP/LP
94%
DOM
67
SNLR
52.2%

Full history →

Innisfil

Innisfil, Simcoe County

$940,767

+$89,769 +10.5% up $89,769, 10.5% versus October 2024

Sales
61
SP/LP
97%
DOM
42
SNLR
35.3%

Full history →

New Tecumseth

New Tecumseth, Simcoe County

$802,537

−$93,573 −10.4% down $93,573, 10.4% versus October 2024

Sales
59
SP/LP
99%
DOM
39
SNLR
62.8%

Full history →

Essa

Essa, Simcoe County

$696,927

−$68,046 −8.9% down $68,046, 8.9% versus October 2024

Sales
15
SP/LP
96%
DOM
37
SNLR
45.5%

Full history →

All Simcoe County areas

0 areas

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