Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$589,309
MoM −$2,626 −0.4% down $2,626, 0.4% versus July 2018 YoY −0.1% down 0.1% versus August 2017
Source: TRREB MarketWatch, August 2018
5 areas
Simcoe County
August 2018
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$537,500
MoM −$35,000 −6.1% down $35,000, 6.1% versus July 2018 YoY −0.5% down 0.5% versus August 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 July 2018 YoY n/a not available, prior month not on file versus August 2017
Sales — Firm transactions reported through the MLS® System during the month.
226
MoM −24 −9.6% down 24, 9.6% versus July 2018 YoY +33.7% up 33.7% versus August 2017
Dollar volume — Total value of all sales in the month.
$133.2M
MoM −$14,799,860 −10.0% down $14,799,860, 10.0% versus July 2018 YoY +33.6% up 33.6% versus August 2017
New listings — Properties newly listed during the month.
534
MoM −17 −3.1% down 17, 3.1% versus July 2018 YoY +25.1% up 25.1% versus August 2017
Active listings — Listings available at month end.
1,088
MoM −62 −5.4% down 62, 5.4% versus July 2018 YoY +31.1% up 31.1% versus August 2017
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
40
MoM no change no change versus July 2018 YoY +25.0% up 25.0% versus August 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 July 2018 YoY no change no change versus August 2017
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
42.3%
MoM −3.0 pp −6.7% down 3.0 pp, 6.7% versus July 2018 YoY +6.9% up 6.9% versus August 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.
4.8
MoM +0 +4.7% up 0, 4.7% versus July 2018 YoY −2.0% down 2.0% versus August 2017
Trend
13 months to August 2018
Average price
| Month | Average price |
|---|---|
| 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 |
| May '18 | 609517 |
| Jun '18 | 615790 |
| Jul '18 | 591935 |
| Aug '18 | 589309 |
Sales
| Month | Sales |
|---|---|
| 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 |
| May '18 | 243 |
| Jun '18 | 232 |
| Jul '18 | 250 |
| Aug '18 | 226 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 226 | −24 −9.6% down 24, 9.6% versus July 2018 | $589,309 | −$2,626 −0.4% down $2,626, 0.4% versus July 2018 | $537,500 | 42.3% | 4.8 |
| Detached | 177 | −25 −12.4% down 25, 12.4% versus July 2018 | $610,657 | −$785 −0.1% down $785, 0.1% versus July 2018 | $565,000 | 40.6% | 5.2 |
| Semi-detached | 6 | −4 −40.0% down 4, 40.0% versus July 2018 | $472,483 | −$32,617 −6.5% down $32,617, 6.5% versus July 2018 | $498,500 | 85.7% | 2.7 |
| Att/row/townhouse | 22 | +2 +10.0% up 2, 10.0% versus July 2018 | $538,545 | −$25,430 −4.5% down $25,430, 4.5% versus July 2018 | $502,995 | 50.0% | 3.1 |
| Condo townhouse | 2 | −4 −66.7% down 4, 66.7% versus July 2018 | $777,500 | +$409,667 +111.4% up $409,667, 111.4% versus July 2018 | $777,500 | 100.0% | 3.5 |
| Condo apartment | 9 | +6 +200.0% up 6, 200.0% versus July 2018 | $381,231 | +$38,731 +11.3% up $38,731, 11.3% versus July 2018 | $338,000 | 60.0% | 4.0 |
| Link | 7 | +1 +16.7% up 1, 16.7% versus July 2018 | $504,093 | +$17,610 +3.6% up $17,610, 3.6% versus July 2018 | $499,900 | 36.8% | 4.1 |
| Co-op apartment | 0 | no change no change versus July 2018 | — | n/a not available, prior month not on file versus July 2018 | — | — | — |
| Detached condo | 3 | no change no change versus July 2018 | $633,333 | −$29,500 −4.5% down $29,500, 4.5% versus July 2018 | $510,000 | 27.3% | 6.7 |
| Co-ownership apartment | 0 | no change no change versus July 2018 | — | n/a not available, prior month not on file versus July 2018 | — | — | — |
Movers within Simcoe County
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Adjala-Tosorontio +26.1% up 26.1%
- Essa +6.0% up 6.0%
- New Tecumseth −0.0% down 0.0%
- Bradford West Gwillimbury −4.0% down 4.0%
- Innisfil −5.4% down 5.4%
Bottom 5
- Innisfil −5.4% down 5.4%
- Bradford West Gwillimbury −4.0% down 4.0%
- New Tecumseth −0.0% down 0.0%
- Essa +6.0% up 6.0%
- Adjala-Tosorontio +26.1% up 26.1%
Sales, month-over-month
Top 5
- Essa +10.0% up 10.0%
- Adjala-Tosorontio no change no change
- Innisfil −4.5% down 4.5%
- New Tecumseth −13.0% down 13.0%
- Bradford West Gwillimbury −22.6% down 22.6%
Bottom 5
- Bradford West Gwillimbury −22.6% down 22.6%
- New Tecumseth −13.0% down 13.0%
- Innisfil −4.5% down 4.5%
- Adjala-Tosorontio no change no change
- Essa +10.0% up 10.0%
Simcoe County
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$768,036
+$159,036 +26.1% up $159,036, 26.1% versus July 2018
- Sales
- 14
- SP/LP
- 95%
- DOM
- 42
- SNLR
- 46.7%
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$644,665
−$26,790 −4.0% down $26,790, 4.0% versus July 2018
- Sales
- 48
- SP/LP
- 97%
- DOM
- 37
- SNLR
- 40.3%
Essa
Essa, Simcoe County
$607,588
+$34,412 +6.0% up $34,412, 6.0% versus July 2018
- Sales
- 33
- SP/LP
- 97%
- DOM
- 41
- SNLR
- 50.0%
New Tecumseth
New Tecumseth, Simcoe County
$551,709
−$114 −0.0% down $114, 0.0% versus July 2018
- Sales
- 67
- SP/LP
- 97%
- DOM
- 40
- SNLR
- 52.8%
Innisfil
Innisfil, Simcoe County
$538,634
−$30,647 −5.4% down $30,647, 5.4% versus July 2018
- Sales
- 64
- SP/LP
- 97%
- DOM
- 43
- SNLR
- 33.3%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|