Source: TRREB MarketWatch, February 2019

5 areas

Simcoe County

February 2019

Headline indicators

All home types

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

$606,172

MoM +$1,835 +0.3% up $1,835, 0.3% versus January 2019 YoY −1.4% down 1.4% versus February 2018

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

$568,500

MoM −$6,500 −1.1% down $6,500, 1.1% versus January 2019 YoY −2.0% down 2.0% versus February 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 January 2019 YoY n/a not available, prior month not on file versus February 2018

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

169

MoM +28 +19.9% up 28, 19.9% versus January 2019 YoY +12.7% up 12.7% versus February 2018

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

$102.4M

MoM +$17,231,550 +20.2% up $17,231,550, 20.2% versus January 2019 YoY +11.1% up 11.1% versus February 2018

New listings — Properties newly listed during the month.

428

MoM +40 +10.3% up 40, 10.3% versus January 2019 YoY −7.6% down 7.6% versus February 2018

Active listings — Listings available at month end.

794

MoM +100 +14.4% up 100, 14.4% versus January 2019 YoY +13.1% up 13.1% versus February 2018

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

42

MoM −8 days −16.0% down 8 days, 16.0% versus January 2019 YoY +10.5% up 10.5% versus February 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 January 2019 YoY no change no change versus February 2018

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

39.5%

MoM +3.1 pp +8.7% up 3.1 pp, 8.7% versus January 2019 YoY +21.9% up 21.9% versus February 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.

4.7

MoM −0 −4.5% down 0, 4.5% versus January 2019 YoY +0.4% up 0.4% versus February 2018

Trend

13 months to February 2019

Average price

Simcoe County average selling price over the 13 months ending February 2019.
Month Average price
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
Feb '19 606172

Sales

Simcoe County sales over the 13 months ending February 2019.
Month Sales
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
Feb '19 169

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 169 +28 +19.9% up 28, 19.9% versus January 2019 $606,172 +$1,835 +0.3% up $1,835, 0.3% versus January 2019 $568,500 39.5% 4.7
Detached 134 +19 +16.5% up 19, 16.5% versus January 2019 $638,344 +$11,474 +1.8% up $11,474, 1.8% versus January 2019 $614,500 39.8% 4.8
Semi-detached 6 +1 +20.0% up 1, 20.0% versus January 2019 $557,083 +$86,083 +18.3% up $86,083, 18.3% versus January 2019 $562,500 60.0% 1.8
Att/row/townhouse 16 no change no change versus January 2019 $434,281 −$114,469 −20.9% down $114,469, 20.9% versus January 2019 $439,500 37.2% 4.4
Condo townhouse 4 +3 +300.0% up 3, 300.0% versus January 2019 $597,500 +$282,500 +89.7% up $282,500, 89.7% versus January 2019 $447,500 100.0% 0.8
Condo apartment 3 +1 +50.0% up 1, 50.0% versus January 2019 $314,333 −$8,417 −2.6% down $8,417, 2.6% versus January 2019 $325,000 21.4% 7.7
Link 6 +5 +500.0% up 5, 500.0% versus January 2019 $546,833 −$12,167 −2.2% down $12,167, 2.2% versus January 2019 $546,500 40.0% 3.5
Co-op apartment 0 no change no change versus January 2019 n/a not available, prior month not on file versus January 2019
Detached condo 0 −1 −100.0% down 1, 100.0% versus January 2019 n/a not available, prior month not on file versus January 2019 0.0%
Co-ownership apartment 0 no change no change versus January 2019 n/a not available, prior month not on file versus January 2019

Movers within Simcoe County

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. New Tecumseth +18.5% up 18.5%
  2. Adjala-Tosorontio +0.4% up 0.4%
  3. Bradford West Gwillimbury −1.7% down 1.7%
  4. Essa −2.0% down 2.0%
  5. Innisfil −9.0% down 9.0%

Bottom 5

  1. Innisfil −9.0% down 9.0%
  2. Essa −2.0% down 2.0%
  3. Bradford West Gwillimbury −1.7% down 1.7%
  4. Adjala-Tosorontio +0.4% up 0.4%
  5. New Tecumseth +18.5% up 18.5%

Sales, month-over-month

Top 5

  1. Essa +84.6% up 84.6%
  2. Adjala-Tosorontio +57.1% up 57.1%
  3. Bradford West Gwillimbury +24.3% up 24.3%
  4. New Tecumseth +5.6% up 5.6%
  5. Innisfil +4.2% up 4.2%

Bottom 5

  1. Innisfil +4.2% up 4.2%
  2. New Tecumseth +5.6% up 5.6%
  3. Bradford West Gwillimbury +24.3% up 24.3%
  4. Adjala-Tosorontio +57.1% up 57.1%
  5. Essa +84.6% up 84.6%

Simcoe County

Bradford West Gwillimbury

Bradford West Gwillimbury, Simcoe County

$682,663

−$12,094 −1.7% down $12,094, 1.7% versus January 2019

Sales
46
SP/LP
97%
DOM
32
SNLR
44.2%

Full history →

New Tecumseth

New Tecumseth, Simcoe County

$658,066

+$102,627 +18.5% up $102,627, 18.5% versus January 2019

Sales
38
SP/LP
99%
DOM
52
SNLR
36.5%

Full history →

Adjala-Tosorontio

Adjala-Tosorontio, Simcoe County

$642,582

+$2,253 +0.4% up $2,253, 0.4% versus January 2019

Sales
11
SP/LP
96%
DOM
70
SNLR
100.0%

Full history →

Innisfil

Innisfil, Simcoe County

$536,587

−$53,330 −9.0% down $53,330, 9.0% versus January 2019

Sales
50
SP/LP
96%
DOM
42
SNLR
33.8%

Full history →

Essa

Essa, Simcoe County

$505,679

−$10,583 −2.0% down $10,583, 2.0% versus January 2019

Sales
24
SP/LP
98%
DOM
34
SNLR
39.3%

Full history →

All Simcoe County areas

0 areas

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