Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$610,599
MoM −$6,492 −1.1% down $6,492, 1.1% versus September 2018 YoY +7.5% up 7.5% versus October 2017
Source: TRREB MarketWatch, October 2018
5 areas
Simcoe County
October 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.
$576,000
MoM −$4,000 −0.7% down $4,000, 0.7% versus September 2018 YoY +6.2% up 6.2% versus October 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 September 2018 YoY n/a not available, prior month not on file versus October 2017
Sales — Firm transactions reported through the MLS® System during the month.
249
MoM +22 +9.7% up 22, 9.7% versus September 2018 YoY +50.0% up 50.0% versus October 2017
Dollar volume — Total value of all sales in the month.
$152.0M
MoM +$11,959,326 +8.5% up $11,959,326, 8.5% versus September 2018 YoY +61.3% up 61.3% versus October 2017
New listings — Properties newly listed during the month.
486
MoM −114 −19.0% down 114, 19.0% versus September 2018 YoY −8.5% down 8.5% versus October 2017
Active listings — Listings available at month end.
991
MoM −107 −9.7% down 107, 9.7% versus September 2018 YoY +2.2% up 2.2% versus October 2017
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
42
MoM +1 day +2.4% up 1 day, 2.4% versus September 2018 YoY +31.3% up 31.3% versus October 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 September 2018 YoY no change no change versus October 2017
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
51.2%
MoM +13.4 pp +35.4% up 13.4 pp, 35.4% versus September 2018 YoY +63.9% up 63.9% versus October 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.
4.0
MoM −1 −17.7% down 1, 17.7% versus September 2018 YoY −31.9% down 31.9% versus October 2017
Trend
13 months to October 2018
Average price
| Month | Average price |
|---|---|
| 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 |
| Oct '18 | 610599 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Oct '18 | 249 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 249 | +22 +9.7% up 22, 9.7% versus September 2018 | $610,599 | −$6,492 −1.1% down $6,492, 1.1% versus September 2018 | $576,000 | 51.2% | 4.0 |
| Detached | 195 | +23 +13.4% up 23, 13.4% versus September 2018 | $637,561 | −$13,890 −2.1% down $13,890, 2.1% versus September 2018 | $605,000 | 48.6% | 4.3 |
| Semi-detached | 8 | +1 +14.3% up 1, 14.3% versus September 2018 | $557,100 | +$15,529 +2.9% up $15,529, 2.9% versus September 2018 | $579,400 | 72.7% | 1.8 |
| Att/row/townhouse | 26 | −3 −10.3% down 3, 10.3% versus September 2018 | $509,628 | −$14,689 −2.8% down $14,689, 2.8% versus September 2018 | $488,750 | 68.4% | 2.1 |
| Condo townhouse | 1 | no change no change versus September 2018 | $335,000 | −$5,000 −1.5% down $5,000, 1.5% versus September 2018 | $335,000 | 25.0% | 6.0 |
| Condo apartment | 8 | +3 +60.0% up 3, 60.0% versus September 2018 | $429,875 | +$66,875 +18.4% up $66,875, 18.4% versus September 2018 | $394,500 | 80.0% | 4.0 |
| Link | 9 | −2 −18.2% down 2, 18.2% versus September 2018 | $548,167 | +$53,718 +10.9% up $53,718, 10.9% versus September 2018 | $569,000 | 60.0% | 2.1 |
| Co-op apartment | 0 | no change no change versus September 2018 | — | n/a not available, prior month not on file versus September 2018 | — | — | — |
| Detached condo | 2 | no change no change versus September 2018 | $650,000 | −$70,000 −9.7% down $70,000, 9.7% versus September 2018 | $650,000 | 28.6% | 12.0 |
| Co-ownership apartment | 0 | no change no change versus September 2018 | — | n/a not available, prior month not on file versus September 2018 | — | — | — |
Movers within Simcoe County
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- New Tecumseth +0.9% up 0.9%
- Adjala-Tosorontio −0.5% down 0.5%
- Bradford West Gwillimbury −3.3% down 3.3%
- Innisfil −3.5% down 3.5%
- Essa −5.0% down 5.0%
Bottom 5
- Essa −5.0% down 5.0%
- Innisfil −3.5% down 3.5%
- Bradford West Gwillimbury −3.3% down 3.3%
- Adjala-Tosorontio −0.5% down 0.5%
- New Tecumseth +0.9% up 0.9%
Sales, month-over-month
Top 5
- Adjala-Tosorontio +33.3% up 33.3%
- Innisfil +26.9% up 26.9%
- New Tecumseth +10.6% up 10.6%
- Bradford West Gwillimbury +6.6% up 6.6%
- Essa −24.2% down 24.2%
Bottom 5
- Essa −24.2% down 24.2%
- Bradford West Gwillimbury +6.6% up 6.6%
- New Tecumseth +10.6% up 10.6%
- Innisfil +26.9% up 26.9%
- Adjala-Tosorontio +33.3% up 33.3%
Simcoe County
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$763,400
−$3,687 −0.5% down $3,687, 0.5% versus September 2018
- Sales
- 20
- SP/LP
- 96%
- DOM
- 40
- SNLR
- 83.3%
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$654,289
−$21,994 −3.3% down $21,994, 3.3% versus September 2018
- Sales
- 65
- SP/LP
- 96%
- DOM
- 47
- SNLR
- 53.3%
Innisfil
Innisfil, Simcoe County
$595,816
−$21,305 −3.5% down $21,305, 3.5% versus September 2018
- Sales
- 66
- SP/LP
- 96%
- DOM
- 42
- SNLR
- 34.7%
New Tecumseth
New Tecumseth, Simcoe County
$585,178
+$5,239 +0.9% up $5,239, 0.9% versus September 2018
- Sales
- 73
- SP/LP
- 97%
- DOM
- 37
- SNLR
- 68.2%
Essa
Essa, Simcoe County
$488,016
−$25,740 −5.0% down $25,740, 5.0% versus September 2018
- Sales
- 25
- SP/LP
- 97%
- DOM
- 47
- SNLR
- 58.1%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|