Source: TRREB MarketWatch, April 2019

5 areas

Simcoe County

April 2019

Headline indicators

All home types

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

$593,337

MoM −$7,906 −1.3% down $7,906, 1.3% versus March 2019 YoY −5.3% down 5.3% versus April 2018

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

$573,000

MoM −$5,750 −1.0% down $5,750, 1.0% versus March 2019 YoY −0.8% down 0.8% versus April 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 March 2019 YoY n/a not available, prior month not on file versus April 2018

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

312

MoM +58 +22.8% up 58, 22.8% versus March 2019 YoY +26.8% up 26.8% versus April 2018

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

$185.1M

MoM +$32,405,407 +21.2% up $32,405,407, 21.2% versus March 2019 YoY +20.1% up 20.1% versus April 2018

New listings — Properties newly listed during the month.

687

MoM +89 +14.9% up 89, 14.9% versus March 2019 YoY +17.6% up 17.6% versus April 2018

Active listings — Listings available at month end.

1,033

MoM +118 +12.9% up 118, 12.9% versus March 2019 YoY +1.6% up 1.6% versus April 2018

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

29

MoM −6 days −17.1% down 6 days, 17.1% versus March 2019 YoY no change no change versus April 2018

Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.

98%

MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus March 2019 YoY +1.0% up 1.0% versus April 2018

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

45.4%

MoM +2.9 pp +6.9% up 2.9 pp, 6.9% versus March 2019 YoY +7.8% up 7.8% versus April 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.

3.3

MoM −0 −8.1% down 0, 8.1% versus March 2019 YoY −19.9% down 19.9% versus April 2018

Trend

13 months to April 2019

Average price

Simcoe County average selling price over the 13 months ending April 2019.
Month Average price
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
Mar '19 601243
Apr '19 593337

Sales

Simcoe County sales over the 13 months ending April 2019.
Month Sales
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
Mar '19 254
Apr '19 312

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 312 +58 +22.8% up 58, 22.8% versus March 2019 $593,337 −$7,906 −1.3% down $7,906, 1.3% versus March 2019 $573,000 45.4% 3.3
Detached 236 +38 +19.2% up 38, 19.2% versus March 2019 $623,077 −$2,804 −0.4% down $2,804, 0.4% versus March 2019 $593,000 43.0% 3.6
Semi-detached 12 +4 +50.0% up 4, 50.0% versus March 2019 $522,700 +$4,450 +0.9% up $4,450, 0.9% versus March 2019 $538,500 50.0% 1.6
Att/row/townhouse 38 +4 +11.8% up 4, 11.8% versus March 2019 $504,600 −$28,053 −5.3% down $28,053, 5.3% versus March 2019 $469,000 73.1% 1.7
Condo townhouse 4 +2 +100.0% up 2, 100.0% versus March 2019 $422,000 −$22,500 −5.1% down $22,500, 5.1% versus March 2019 $381,500 80.0% 1.3
Condo apartment 2 −1 −33.3% down 1, 33.3% versus March 2019 $437,500 +$95,167 +27.8% up $95,167, 27.8% versus March 2019 $437,500 9.5% 19.5
Link 18 +12 +200.0% up 12, 200.0% versus March 2019 $500,544 +$18,211 +3.8% up $18,211, 3.8% versus March 2019 $501,000 85.7% 1.0
Co-op apartment 0 no change no change versus March 2019 n/a not available, prior month not on file versus March 2019
Detached condo 2 −1 −33.3% down 1, 33.3% versus March 2019 $527,500 −$47,500 −8.3% down $47,500, 8.3% versus March 2019 $527,500 13.3% 14.5
Co-ownership apartment 0 no change no change versus March 2019 n/a not available, prior month not on file versus March 2019

Movers within Simcoe County

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Bradford West Gwillimbury +3.2% up 3.2%
  2. Innisfil +2.0% up 2.0%
  3. Essa +1.0% up 1.0%
  4. New Tecumseth −5.1% down 5.1%
  5. Adjala-Tosorontio −10.3% down 10.3%

Bottom 5

  1. Adjala-Tosorontio −10.3% down 10.3%
  2. New Tecumseth −5.1% down 5.1%
  3. Essa +1.0% up 1.0%
  4. Innisfil +2.0% up 2.0%
  5. Bradford West Gwillimbury +3.2% up 3.2%

Sales, month-over-month

Top 5

  1. Adjala-Tosorontio +72.7% up 72.7%
  2. Essa +54.8% up 54.8%
  3. New Tecumseth +44.8% up 44.8%
  4. Innisfil +1.3% up 1.3%
  5. Bradford West Gwillimbury no change no change

Bottom 5

  1. Bradford West Gwillimbury no change no change
  2. Innisfil +1.3% up 1.3%
  3. New Tecumseth +44.8% up 44.8%
  4. Essa +54.8% up 54.8%
  5. Adjala-Tosorontio +72.7% up 72.7%

Simcoe County

Bradford West Gwillimbury

Bradford West Gwillimbury, Simcoe County

$700,447

+$21,544 +3.2% up $21,544, 3.2% versus March 2019

Sales
66
SP/LP
98%
DOM
26
SNLR
41.0%

Full history →

Adjala-Tosorontio

Adjala-Tosorontio, Simcoe County

$646,837

−$73,890 −10.3% down $73,890, 10.3% versus March 2019

Sales
19
SP/LP
98%
DOM
26
SNLR
61.3%

Full history →

New Tecumseth

New Tecumseth, Simcoe County

$578,486

−$31,116 −5.1% down $31,116, 5.1% versus March 2019

Sales
84
SP/LP
98%
DOM
28
SNLR
50.6%

Full history →

Innisfil

Innisfil, Simcoe County

$575,435

+$11,512 +2.0% up $11,512, 2.0% versus March 2019

Sales
78
SP/LP
97%
DOM
30
SNLR
35.0%

Full history →

Essa

Essa, Simcoe County

$509,615

+$4,827 +1.0% up $4,827, 1.0% versus March 2019

Sales
65
SP/LP
98%
DOM
35
SNLR
61.3%

Full history →

All Simcoe County areas

0 areas

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