Source: TRREB MarketWatch, January 2019

5 areas

Simcoe County

January 2019

Headline indicators

All home types

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

$604,337

MoM −$15,881 −2.6% down $15,881, 2.6% versus December 2018 YoY −0.9% down 0.9% versus January 2018

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

$575,000

MoM +$16,250 +2.9% up $16,250, 2.9% versus December 2018 YoY no change no change versus January 2018

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 December 2018 YoY n/a not available, prior month not on file versus January 2018

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

141

MoM +39 +38.2% up 39, 38.2% versus December 2018 YoY +2.2% up 2.2% versus January 2018

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

$85.2M

MoM +$21,949,250 +34.7% up $21,949,250, 34.7% versus December 2018 YoY +1.3% up 1.3% versus January 2018

New listings — Properties newly listed during the month.

388

MoM +198 +104.2% up 198, 104.2% versus December 2018 YoY +9.6% up 9.6% versus January 2018

Active listings — Listings available at month end.

694

MoM −1 −0.1% down 1, 0.1% versus December 2018 YoY +19.9% up 19.9% versus January 2018

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

50

MoM +4 days +8.7% up 4 days, 8.7% versus December 2018 YoY +13.6% up 13.6% versus January 2018

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 December 2018 YoY +2.1% up 2.1% versus January 2018

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

36.3%

MoM −17.3 pp −32.3% down 17.3 pp, 32.3% versus December 2018 YoY −6.8% down 6.8% versus January 2018

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.

4.9

MoM −2 −27.8% down 2, 27.8% versus December 2018 YoY +17.3% up 17.3% versus January 2018

Trend

13 months to January 2019

Average price

Simcoe County average selling price over the 13 months ending January 2019.
Month Average price
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
Nov '18 602880
Dec '18 620218
Jan '19 604337

Sales

Simcoe County sales over the 13 months ending January 2019.
Month Sales
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
Nov '18 169
Dec '18 102
Jan '19 141

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 141 +39 +38.2% up 39, 38.2% versus December 2018 $604,337 −$15,881 −2.6% down $15,881, 2.6% versus December 2018 $575,000 36.3% 4.9
Detached 115 +36 +45.6% up 36, 45.6% versus December 2018 $626,870 −$18,073 −2.8% down $18,073, 2.8% versus December 2018 $622,000 37.2% 5.0
Semi-detached 5 +1 +25.0% up 1, 25.0% versus December 2018 $471,000 −$63,250 −11.8% down $63,250, 11.8% versus December 2018 $500,000 50.0% 1.8
Att/row/townhouse 16 +7 +77.8% up 7, 77.8% versus December 2018 $548,750 −$22,500 −3.9% down $22,500, 3.9% versus December 2018 $467,500 40.0% 3.4
Condo townhouse 1 −1 −50.0% down 1, 50.0% versus December 2018 $315,000 −$47,500 −13.1% down $47,500, 13.1% versus December 2018 $315,000 25.0% 4.0
Condo apartment 2 −1 −33.3% down 1, 33.3% versus December 2018 $322,750 −$59,417 −15.5% down $59,417, 15.5% versus December 2018 $322,750 25.0% 9.0
Link 1 −3 −75.0% down 3, 75.0% versus December 2018 $559,000 +$6,000 +1.1% up $6,000, 1.1% versus December 2018 $559,000 9.1% 15.0
Co-op apartment 0 no change no change versus December 2018 n/a not available, prior month not on file versus December 2018
Detached condo 1 no change no change versus December 2018 $467,000 −$483,000 −50.8% down $483,000, 50.8% versus December 2018 $467,000 16.7% 12.0
Co-ownership apartment 0 no change no change versus December 2018 n/a not available, prior month not on file versus December 2018

Movers within Simcoe County

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Essa +14.8% up 14.8%
  2. New Tecumseth +3.2% up 3.2%
  3. Bradford West Gwillimbury −0.2% down 0.2%
  4. Innisfil −4.8% down 4.8%

Bottom 5

  1. Innisfil −4.8% down 4.8%
  2. Bradford West Gwillimbury −0.2% down 0.2%
  3. New Tecumseth +3.2% up 3.2%
  4. Essa +14.8% up 14.8%

Sales, month-over-month

Top 5

  1. Essa +116.7% up 116.7%
  2. Innisfil +92.0% up 92.0%
  3. New Tecumseth +28.6% up 28.6%
  4. Bradford West Gwillimbury +5.7% up 5.7%

Bottom 5

  1. Bradford West Gwillimbury +5.7% up 5.7%
  2. New Tecumseth +28.6% up 28.6%
  3. Innisfil +92.0% up 92.0%
  4. Essa +116.7% up 116.7%

Simcoe County

Bradford West Gwillimbury

Bradford West Gwillimbury, Simcoe County

$694,757

−$1,714 −0.2% down $1,714, 0.2% versus December 2018

Sales
37
SP/LP
98%
DOM
41
SNLR
37.0%

Full history →

Adjala-Tosorontio

Adjala-Tosorontio, Simcoe County

$640,329

−$64,046 −9.1% down $64,046, 9.1% versus December 2018

Sales
7
SP/LP
97%
DOM
39
SNLR
46.7%

Full history →

Innisfil

Innisfil, Simcoe County

$589,917

−$29,603 −4.8% down $29,603, 4.8% versus December 2018

Sales
48
SP/LP
97%
DOM
55
SNLR
30.6%

Full history →

New Tecumseth

New Tecumseth, Simcoe County

$555,439

+$17,430 +3.2% up $17,430, 3.2% versus December 2018

Sales
36
SP/LP
97%
DOM
55
SNLR
52.2%

Full history →

Essa

Essa, Simcoe County

$516,262

+$66,512 +14.8% up $66,512, 14.8% versus December 2018

Sales
13
SP/LP
98%
DOM
52
SNLR
27.7%

Full history →

All Simcoe County areas

0 areas

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