Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$617,221
MoM +$23,884 +4.0% up $23,884, 4.0% versus April 2019 YoY +1.3% up 1.3% versus May 2018
Source: TRREB MarketWatch, May 2019
5 areas
Simcoe County
May 2019
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$574,000
MoM +$1,000 +0.2% up $1,000, 0.2% versus April 2019 YoY −2.0% down 2.0% versus May 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 April 2019 YoY n/a not available, prior month not on file versus May 2018
Sales — Firm transactions reported through the MLS® System during the month.
318
MoM +6 +1.9% up 6, 1.9% versus April 2019 YoY +30.9% up 30.9% versus May 2018
Dollar volume — Total value of all sales in the month.
$196.3M
MoM +$11,155,215 +6.0% up $11,155,215, 6.0% versus April 2019 YoY +32.5% up 32.5% versus May 2018
New listings — Properties newly listed during the month.
749
MoM +62 +9.0% up 62, 9.0% versus April 2019 YoY −3.2% down 3.2% versus May 2018
Active listings — Listings available at month end.
1,131
MoM +98 +9.5% up 98, 9.5% versus April 2019 YoY −3.3% down 3.3% versus May 2018
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
34
MoM +5 days +17.2% up 5 days, 17.2% versus April 2019 YoY +3.0% up 3.0% versus May 2018
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
97%
MoM −1.0 pp −1.0% down 1.0 pp, 1.0% versus April 2019 YoY no change no change versus May 2018
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
42.5%
MoM −3.0 pp −6.5% down 3.0 pp, 6.5% versus April 2019 YoY +35.2% up 35.2% versus May 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.
3.6
MoM +0 +7.4% up 0, 7.4% versus April 2019 YoY −26.1% down 26.1% versus May 2018
Trend
13 months to May 2019
Average price
| Month | Average price |
|---|---|
| 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 |
| May '19 | 617221 |
Sales
| Month | Sales |
|---|---|
| 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 |
| May '19 | 318 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 318 | +6 +1.9% up 6, 1.9% versus April 2019 | $617,221 | +$23,884 +4.0% up $23,884, 4.0% versus April 2019 | $574,000 | 42.5% | 3.6 |
| Detached | 238 | +2 +0.8% up 2, 0.8% versus April 2019 | $659,320 | +$36,243 +5.8% up $36,243, 5.8% versus April 2019 | $629,250 | 39.3% | 4.0 |
| Semi-detached | 12 | no change no change versus April 2019 | $511,692 | −$11,008 −2.1% down $11,008, 2.1% versus April 2019 | $525,500 | 57.1% | 1.8 |
| Att/row/townhouse | 41 | +3 +7.9% up 3, 7.9% versus April 2019 | $488,748 | −$15,852 −3.1% down $15,852, 3.1% versus April 2019 | $449,000 | 60.3% | 1.7 |
| Condo townhouse | 1 | −3 −75.0% down 3, 75.0% versus April 2019 | $335,500 | −$86,500 −20.5% down $86,500, 20.5% versus April 2019 | $335,500 | 20.0% | 6.0 |
| Condo apartment | 7 | +5 +250.0% up 5, 250.0% versus April 2019 | $405,557 | −$31,943 −7.3% down $31,943, 7.3% versus April 2019 | $415,000 | 28.0% | 6.4 |
| Link | 14 | −4 −22.2% down 4, 22.2% versus April 2019 | $501,850 | +$1,306 +0.3% up $1,306, 0.3% versus April 2019 | $492,500 | 100.0% | 1.3 |
| Co-op apartment | 0 | no change no change versus April 2019 | — | n/a not available, prior month not on file versus April 2019 | — | — | — |
| Detached condo | 5 | +3 +150.0% up 3, 150.0% versus April 2019 | $595,800 | +$68,300 +12.9% up $68,300, 12.9% versus April 2019 | $484,000 | 45.5% | 6.0 |
| Co-ownership apartment | 0 | no change no change versus April 2019 | — | n/a not available, prior month not on file versus April 2019 | — | — | — |
Movers within Simcoe County
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Innisfil +9.2% up 9.2%
- Adjala-Tosorontio +5.2% up 5.2%
- New Tecumseth +4.5% up 4.5%
- Essa +3.2% up 3.2%
- Bradford West Gwillimbury −1.0% down 1.0%
Bottom 5
- Bradford West Gwillimbury −1.0% down 1.0%
- Essa +3.2% up 3.2%
- New Tecumseth +4.5% up 4.5%
- Adjala-Tosorontio +5.2% up 5.2%
- Innisfil +9.2% up 9.2%
Sales, month-over-month
Top 5
- New Tecumseth +17.9% up 17.9%
- Bradford West Gwillimbury no change no change
- Innisfil −1.3% down 1.3%
- Essa −6.2% down 6.2%
- Adjala-Tosorontio −21.1% down 21.1%
Bottom 5
- Adjala-Tosorontio −21.1% down 21.1%
- Essa −6.2% down 6.2%
- Innisfil −1.3% down 1.3%
- Bradford West Gwillimbury no change no change
- New Tecumseth +17.9% up 17.9%
Simcoe County
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$693,601
−$6,846 −1.0% down $6,846, 1.0% versus April 2019
- Sales
- 66
- SP/LP
- 97%
- DOM
- 23
- SNLR
- 40.5%
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$680,460
+$33,623 +5.2% up $33,623, 5.2% versus April 2019
- Sales
- 15
- SP/LP
- 97%
- DOM
- 41
- SNLR
- 40.5%
Innisfil
Innisfil, Simcoe County
$628,186
+$52,751 +9.2% up $52,751, 9.2% versus April 2019
- Sales
- 77
- SP/LP
- 95%
- DOM
- 38
- SNLR
- 28.5%
New Tecumseth
New Tecumseth, Simcoe County
$604,534
+$26,048 +4.5% up $26,048, 4.5% versus April 2019
- Sales
- 99
- SP/LP
- 98%
- DOM
- 32
- SNLR
- 56.6%
Essa
Essa, Simcoe County
$525,780
+$16,165 +3.2% up $16,165, 3.2% versus April 2019
- Sales
- 61
- SP/LP
- 97%
- DOM
- 45
- SNLR
- 58.6%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|