Source: TRREB MarketWatch, December 2024

5 areas

Simcoe County

December 2024

Headline indicators

All home types

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

$975,356

MoM +$70,148 +7.7% up $70,148, 7.7% versus November 2024 YoY +10.6% up 10.6% versus December 2023

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

$890,000

MoM +$30,000 +3.5% up $30,000, 3.5% versus November 2024 YoY +5.7% up 5.7% versus December 2023

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

$876,900

MoM −$4,000 −0.5% down $4,000, 0.5% versus November 2024 YoY +1.9% up 1.9% versus December 2023

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

125

MoM −60 −32.4% down 60, 32.4% versus November 2024 YoY +26.3% up 26.3% versus December 2023

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

$121.9M

MoM −$45,544,003 −27.2% down $45,544,003, 27.2% versus November 2024 YoY +39.6% up 39.6% versus December 2023

New listings — Properties newly listed during the month.

169

MoM −220 −56.6% down 220, 56.6% versus November 2024 YoY +36.3% up 36.3% versus December 2023

Active listings — Listings available at month end.

621

MoM −236 −27.5% down 236, 27.5% versus November 2024 YoY +49.3% up 49.3% versus December 2023

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

45

MoM +5 days +12.5% up 5 days, 12.5% versus November 2024 YoY +21.6% up 21.6% versus December 2023

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

71

MoM +7 days +10.9% up 7 days, 10.9% versus November 2024 YoY +24.6% up 24.6% versus December 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 November 2024 YoY +1.0% up 1.0% versus December 2023

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

74.0%

MoM +26.4 pp +55.5% up 26.4 pp, 55.5% versus November 2024 YoY −7.4% down 7.4% versus December 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 +0 +7.2% up 0, 7.2% versus November 2024 YoY +18.2% up 18.2% versus December 2023

Trend

13 months to December 2024

Average price

Simcoe County average selling price over the 13 months ending December 2024.
Month Average price
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
Dec '24 975356

Sales

Simcoe County sales over the 13 months ending December 2024.
Month Sales
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
Dec '24 125

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 125 −60 −32.4% down 60, 32.4% versus November 2024 $975,356 +$70,148 +7.7% up $70,148, 7.7% versus November 2024 $890,000 74.0% 5.0
Detached 97 −51 −34.5% down 51, 34.5% versus November 2024 $1,050,908 +$116,633 +12.5% up $116,633, 12.5% versus November 2024 $950,000 78.2% 4.8
Semi-detached 4 −2 −33.3% down 2, 33.3% versus November 2024 $901,250 +$109,000 +13.8% up $109,000, 13.8% versus November 2024 $930,000 100.0% 2.5
Att/row/townhouse 13 −3 −18.8% down 3, 18.8% versus November 2024 $765,423 −$162,127 −17.5% down $162,127, 17.5% versus November 2024 $795,000 59.1% 3.3
Condo townhouse 4 +2 +100.0% up 2, 100.0% versus November 2024 $648,225 +$60,725 +10.3% up $60,725, 10.3% versus November 2024 $650,000 400.0% 4.3
Condo apartment 4 −4 −50.0% down 4, 50.0% versus November 2024 $473,750 −$82,750 −14.9% down $82,750, 14.9% versus November 2024 $460,000 36.4% 16.3
Link 3 +1 +50.0% up 1, 50.0% versus November 2024 $646,000 −$239,000 −27.0% down $239,000, 27.0% versus November 2024 $663,000 75.0% 2.0

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 398.8 $876,900 +1.9% up 1.9%
Single-family detached 412.2 $922,000 +2.7% up 2.7%
Single-family attached 400.7 $768,600 +2.8% up 2.8%
Townhouse 343.1 $580,900 −7.5% down 7.5%
Apartment 385.7 $556,500 −5.0% down 5.0%

Movers within Simcoe County

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. New Tecumseth +26.2% up 26.2%
  2. Bradford West Gwillimbury +5.2% up 5.2%
  3. Innisfil −13.6% down 13.6%

Bottom 5

  1. Innisfil −13.6% down 13.6%
  2. Bradford West Gwillimbury +5.2% up 5.2%
  3. New Tecumseth +26.2% up 26.2%

Sales, month-over-month

Top 5

  1. Bradford West Gwillimbury −23.7% down 23.7%
  2. Innisfil −24.6% down 24.6%
  3. New Tecumseth −44.1% down 44.1%

Bottom 5

  1. New Tecumseth −44.1% down 44.1%
  2. Innisfil −24.6% down 24.6%
  3. Bradford West Gwillimbury −23.7% down 23.7%

Simcoe County

Adjala-Tosorontio

Adjala-Tosorontio, Simcoe County

$1,392,222

+$383,722 +38.0% up $383,722, 38.0% versus November 2024

Sales
9
SP/LP
96%
DOM
49
SNLR
69.2%

Full history →

Bradford West Gwillimbury

Bradford West Gwillimbury, Simcoe County

$1,112,414

+$55,280 +5.2% up $55,280, 5.2% versus November 2024

Sales
29
SP/LP
98%
DOM
41
SNLR
96.7%

Full history →

New Tecumseth

New Tecumseth, Simcoe County

$1,012,648

+$210,111 +26.2% up $210,111, 26.2% versus November 2024

Sales
33
SP/LP
95%
DOM
44
SNLR
70.2%

Full history →

Innisfil

Innisfil, Simcoe County

$813,168

−$127,599 −13.6% down $127,599, 13.6% versus November 2024

Sales
46
SP/LP
97%
DOM
47
SNLR
73.0%

Full history →

Essa

Essa, Simcoe County

$788,300

+$91,373 +13.1% up $91,373, 13.1% versus November 2024

Sales
8
SP/LP
97%
DOM
43
SNLR
50.0%

Full history →

All Simcoe County areas

0 areas

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