Source: TRREB MarketWatch, September 2018

5 areas

Simcoe County

September 2018

Headline indicators

All home types

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

$617,091

MoM +$27,782 +4.7% up $27,782, 4.7% versus August 2018 YoY −0.0% down 0.0% versus September 2017

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

$580,000

MoM +$42,500 +7.9% up $42,500, 7.9% versus August 2018 YoY +0.5% up 0.5% versus September 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 August 2018 YoY n/a not available, prior month not on file versus September 2017

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

227

MoM +1 +0.4% up 1, 0.4% versus August 2018 YoY +38.4% up 38.4% versus September 2017

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

$140.1M

MoM +$6,895,891 +5.2% up $6,895,891, 5.2% versus August 2018 YoY +38.4% up 38.4% versus September 2017

New listings — Properties newly listed during the month.

600

MoM +66 +12.4% up 66, 12.4% versus August 2018 YoY −0.2% down 0.2% versus September 2017

Active listings — Listings available at month end.

1,098

MoM +10 +0.9% up 10, 0.9% versus August 2018 YoY +15.3% up 15.3% versus September 2017

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

41

MoM +1 day +2.5% up 1 day, 2.5% versus August 2018 YoY +7.9% up 7.9% versus September 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 August 2018 YoY no change no change versus September 2017

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

37.8%

MoM −4.5 pp −10.6% down 4.5 pp, 10.6% versus August 2018 YoY +38.6% up 38.6% versus September 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 +0.5% up 0, 0.5% versus August 2018 YoY −16.7% down 16.7% versus September 2017

Trend

13 months to September 2018

Average price

Simcoe County average selling price over the 13 months ending September 2018.
Month Average price
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
Sep '18 617091

Sales

Simcoe County sales over the 13 months ending September 2018.
Month Sales
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
Sep '18 227

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 227 +1 +0.4% up 1, 0.4% versus August 2018 $617,091 +$27,782 +4.7% up $27,782, 4.7% versus August 2018 $580,000 37.8% 4.8
Detached 172 −5 −2.8% down 5, 2.8% versus August 2018 $651,451 +$40,794 +6.7% up $40,794, 6.7% versus August 2018 $635,750 35.1% 5.4
Semi-detached 7 +1 +16.7% up 1, 16.7% versus August 2018 $541,571 +$69,088 +14.6% up $69,088, 14.6% versus August 2018 $536,000 53.9% 2.3
Att/row/townhouse 29 +7 +31.8% up 7, 31.8% versus August 2018 $524,317 −$14,228 −2.6% down $14,228, 2.6% versus August 2018 $427,500 52.7% 2.2
Condo townhouse 1 −1 −50.0% down 1, 50.0% versus August 2018 $340,000 −$437,500 −56.3% down $437,500, 56.3% versus August 2018 $340,000 25.0% 7.0
Condo apartment 5 −4 −44.4% down 4, 44.4% versus August 2018 $363,000 −$18,231 −4.8% down $18,231, 4.8% versus August 2018 $310,000 33.3% 7.6
Link 11 +4 +57.1% up 4, 57.1% versus August 2018 $494,449 −$9,644 −1.9% down $9,644, 1.9% versus August 2018 $508,000 73.3% 2.4
Co-op apartment 0 no change no change versus August 2018 n/a not available, prior month not on file versus August 2018
Detached condo 2 −1 −33.3% down 1, 33.3% versus August 2018 $720,000 +$86,667 +13.7% up $86,667, 13.7% versus August 2018 $720,000 25.0% 11.5
Co-ownership apartment 0 no change no change versus August 2018 n/a not available, prior month not on file versus August 2018

Movers within Simcoe County

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Innisfil +14.6% up 14.6%
  2. New Tecumseth +5.1% up 5.1%
  3. Bradford West Gwillimbury +4.9% up 4.9%
  4. Adjala-Tosorontio −0.1% down 0.1%
  5. Essa −15.4% down 15.4%

Bottom 5

  1. Essa −15.4% down 15.4%
  2. Adjala-Tosorontio −0.1% down 0.1%
  3. Bradford West Gwillimbury +4.9% up 4.9%
  4. New Tecumseth +5.1% up 5.1%
  5. Innisfil +14.6% up 14.6%

Sales, month-over-month

Top 5

  1. Bradford West Gwillimbury +27.1% up 27.1%
  2. Adjala-Tosorontio +7.1% up 7.1%
  3. Essa no change no change
  4. New Tecumseth −1.5% down 1.5%
  5. Innisfil −18.8% down 18.8%

Bottom 5

  1. Innisfil −18.8% down 18.8%
  2. New Tecumseth −1.5% down 1.5%
  3. Essa no change no change
  4. Adjala-Tosorontio +7.1% up 7.1%
  5. Bradford West Gwillimbury +27.1% up 27.1%

Simcoe County

Adjala-Tosorontio

Adjala-Tosorontio, Simcoe County

$767,087

−$949 −0.1% down $949, 0.1% versus August 2018

Sales
15
SP/LP
95%
DOM
48
SNLR
53.6%

Full history →

Bradford West Gwillimbury

Bradford West Gwillimbury, Simcoe County

$676,283

+$31,618 +4.9% up $31,618, 4.9% versus August 2018

Sales
61
SP/LP
98%
DOM
39
SNLR
37.9%

Full history →

Innisfil

Innisfil, Simcoe County

$617,121

+$78,487 +14.6% up $78,487, 14.6% versus August 2018

Sales
52
SP/LP
96%
DOM
41
SNLR
26.1%

Full history →

New Tecumseth

New Tecumseth, Simcoe County

$579,939

+$28,230 +5.1% up $28,230, 5.1% versus August 2018

Sales
66
SP/LP
96%
DOM
42
SNLR
45.2%

Full history →

Essa

Essa, Simcoe County

$513,756

−$93,832 −15.4% down $93,832, 15.4% versus August 2018

Sales
33
SP/LP
97%
DOM
44
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