Source: TRREB MarketWatch, April 2018

5 areas

Simcoe County

April 2018

Headline indicators

All home types

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

$626,634

MoM −$6,643 −1.0% down $6,643, 1.0% versus March 2018 YoY −14.1% down 14.1% versus April 2017

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

$577,500

MoM −$12,500 −2.1% down $12,500, 2.1% versus March 2018 YoY −10.6% down 10.6% versus April 2017

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

MoM n/a not available, prior month not on file versus March 2018 YoY n/a not available, prior month not on file versus April 2017

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

246

MoM +54 +28.1% up 54, 28.1% versus March 2018 YoY −31.7% down 31.7% versus April 2017

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

$154.2M

MoM +$32,562,823 +26.8% up $32,562,823, 26.8% versus March 2018 YoY −41.3% down 41.3% versus April 2017

New listings — Properties newly listed during the month.

584

MoM −88 −13.1% down 88, 13.1% versus March 2018 YoY −11.1% down 11.1% versus April 2017

Active listings — Listings available at month end.

1,017

MoM +70 +7.4% up 70, 7.4% versus March 2018 YoY +112.3% up 112.3% versus April 2017

Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.

29

MoM −4 days −12.1% down 4 days, 12.1% versus March 2018 YoY +163.6% up 163.6% versus April 2017

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 March 2018 YoY −8.5% down 8.5% versus April 2017

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

42.1%

MoM +13.6 pp +47.4% up 13.6 pp, 47.4% versus March 2018 YoY −23.1% down 23.1% versus April 2017

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.

4.1

MoM −1 −16.2% down 1, 16.2% versus March 2018 YoY +210.7% up 210.7% versus April 2017

Trend

13 months to April 2018

Average price

Simcoe County average selling price over the 13 months ending April 2018.
Month Average price
Apr '17 729698
May '17 694940
Jun '17 606546
Jul '17 571241
Aug '17 589812
Sep '17 617093
Oct '17 567813
Nov '17 606941
Dec '17 604325
Jan '18 609768
Feb '18 614867
Mar '18 633277
Apr '18 626634

Sales

Simcoe County sales over the 13 months ending April 2018.
Month Sales
Apr '17 360
May '17 268
Jun '17 219
Jul '17 133
Aug '17 169
Sep '17 164
Oct '17 166
Nov '17 168
Dec '17 128
Jan '18 138
Feb '18 150
Mar '18 192
Apr '18 246

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 246 +54 +28.1% up 54, 28.1% versus March 2018 $626,634 −$6,643 −1.0% down $6,643, 1.0% versus March 2018 $577,500 42.1% 4.1
Detached 174 +30 +20.8% up 30, 20.8% versus March 2018 $682,159 +$12,016 +1.8% up $12,016, 1.8% versus March 2018 $619,900 36.3% 4.9
Semi-detached 14 no change no change versus March 2018 $553,850 −$16,400 −2.9% down $16,400, 2.9% versus March 2018 $606,000 93.3% 1.4
Att/row/townhouse 33 +10 +43.5% up 10, 43.5% versus March 2018 $472,960 −$6,439 −1.3% down $6,439, 1.3% versus March 2018 $455,000 67.3% 1.6
Condo townhouse 1 −1 −50.0% down 1, 50.0% versus March 2018 $369,900 −$57,600 −13.5% down $57,600, 13.5% versus March 2018 $369,900 25.0% 5.0
Condo apartment 4 +4 up 4 versus March 2018 $456,100 n/a not available, prior month not on file versus March 2018 $374,250 80.0% 6.0
Link 19 +14 +280.0% up 14, 280.0% versus March 2018 $495,816 −$964 −0.2% down $964, 0.2% versus March 2018 $485,000 76.0% 1.7
Co-op apartment 0 no change no change versus March 2018 n/a not available, prior month not on file versus March 2018
Detached condo 1 −3 −75.0% down 3, 75.0% versus March 2018 $480,000 −$205,000 −29.9% down $205,000, 29.9% versus March 2018 $480,000 14.3% 23.0
Co-ownership apartment 0 no change no change versus March 2018 n/a not available, prior month not on file versus March 2018

Movers within Simcoe County

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Innisfil +8.3% up 8.3%
  2. New Tecumseth +0.0% up 0.0%
  3. Bradford West Gwillimbury −0.7% down 0.7%
  4. Essa −4.0% down 4.0%
  5. Adjala-Tosorontio −6.1% down 6.1%

Bottom 5

  1. Adjala-Tosorontio −6.1% down 6.1%
  2. Essa −4.0% down 4.0%
  3. Bradford West Gwillimbury −0.7% down 0.7%
  4. New Tecumseth +0.0% up 0.0%
  5. Innisfil +8.3% up 8.3%

Sales, month-over-month

Top 5

  1. Essa +108.0% up 108.0%
  2. Bradford West Gwillimbury +33.3% up 33.3%
  3. Innisfil +15.7% up 15.7%
  4. New Tecumseth +5.4% up 5.4%
  5. Adjala-Tosorontio no change no change

Bottom 5

  1. Adjala-Tosorontio no change no change
  2. New Tecumseth +5.4% up 5.4%
  3. Innisfil +15.7% up 15.7%
  4. Bradford West Gwillimbury +33.3% up 33.3%
  5. Essa +108.0% up 108.0%

Simcoe County

Adjala-Tosorontio

Adjala-Tosorontio, Simcoe County

$783,136

−$51,189 −6.1% down $51,189, 6.1% versus March 2018

Sales
12
SP/LP
97%
DOM
55
SNLR
57.1%

Full history →

Bradford West Gwillimbury

Bradford West Gwillimbury, Simcoe County

$681,903

−$5,083 −0.7% down $5,083, 0.7% versus March 2018

Sales
64
SP/LP
97%
DOM
27
SNLR
43.2%

Full history →

Innisfil

Innisfil, Simcoe County

$675,166

+$51,570 +8.3% up $51,570, 8.3% versus March 2018

Sales
59
SP/LP
96%
DOM
28
SNLR
31.2%

Full history →

New Tecumseth

New Tecumseth, Simcoe County

$609,063

+$53 +0.0% up $53, 0.0% versus March 2018

Sales
59
SP/LP
97%
DOM
28
SNLR
41.8%

Full history →

Essa

Essa, Simcoe County

$487,365

−$20,391 −4.0% down $20,391, 4.0% versus March 2018

Sales
52
SP/LP
97%
DOM
25
SNLR
61.2%

Full history →

All Simcoe County areas

0 areas

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