Source: TRREB MarketWatch, June 2019

5 areas

Simcoe County

June 2019

Headline indicators

All home types

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

$634,020

MoM +$16,799 +2.7% up $16,799, 2.7% versus May 2019 YoY +3.0% up 3.0% versus June 2018

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

$592,500

MoM +$18,500 +3.2% up $18,500, 3.2% versus May 2019 YoY +3.1% up 3.1% versus June 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 May 2019 YoY n/a not available, prior month not on file versus June 2018

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

288

MoM −30 −9.4% down 30, 9.4% versus May 2019 YoY +24.1% up 24.1% versus June 2018

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

$182.6M

MoM −$13,678,700 −7.0% down $13,678,700, 7.0% versus May 2019 YoY +27.8% up 27.8% versus June 2018

New listings — Properties newly listed during the month.

636

MoM −113 −15.1% down 113, 15.1% versus May 2019 YoY −2.2% down 2.2% versus June 2018

Active listings — Listings available at month end.

1,143

MoM +12 +1.1% up 12, 1.1% versus May 2019 YoY −6.0% down 6.0% versus June 2018

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

34

MoM no change no change versus May 2019 YoY +3.0% up 3.0% versus June 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 May 2019 YoY no change no change versus June 2018

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

45.3%

MoM +2.8 pp +6.7% up 2.8 pp, 6.7% versus May 2019 YoY +26.9% up 26.9% versus June 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.

4.0

MoM +0 +11.6% up 0, 11.6% versus May 2019 YoY −24.3% down 24.3% versus June 2018

Trend

13 months to June 2019

Average price

Simcoe County average selling price over the 13 months ending June 2019.
Month Average price
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
Jun '19 634020

Sales

Simcoe County sales over the 13 months ending June 2019.
Month Sales
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
Jun '19 288

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 288 −30 −9.4% down 30, 9.4% versus May 2019 $634,020 +$16,799 +2.7% up $16,799, 2.7% versus May 2019 $592,500 45.3% 4.0
Detached 230 −8 −3.4% down 8, 3.4% versus May 2019 $666,717 +$7,397 +1.1% up $7,397, 1.1% versus May 2019 $627,500 43.1% 4.2
Semi-detached 6 −6 −50.0% down 6, 50.0% versus May 2019 $527,650 +$15,958 +3.1% up $15,958, 3.1% versus May 2019 $516,200 60.0% 3.2
Att/row/townhouse 25 −16 −39.0% down 16, 39.0% versus May 2019 $474,884 −$13,864 −2.8% down $13,864, 2.8% versus May 2019 $462,500 55.6% 2.8
Condo townhouse 2 +1 +100.0% up 1, 100.0% versus May 2019 $527,500 +$192,000 +57.2% up $192,000, 57.2% versus May 2019 $527,500 200.0% 2.0
Condo apartment 5 −2 −28.6% down 2, 28.6% versus May 2019 $379,000 −$26,557 −6.5% down $26,557, 6.5% versus May 2019 $380,000 23.8% 10.6
Link 11 −3 −21.4% down 3, 21.4% versus May 2019 $495,045 −$6,805 −1.4% down $6,805, 1.4% versus May 2019 $490,000 122.2% 1.0
Co-op apartment 0 no change no change versus May 2019 n/a not available, prior month not on file versus May 2019 0.0%
Detached condo 9 +4 +80.0% up 4, 80.0% versus May 2019 $646,572 +$50,772 +8.5% up $50,772, 8.5% versus May 2019 $570,000 60.0% 3.2
Co-ownership apartment 0 no change no change versus May 2019 n/a not available, prior month not on file versus May 2019

Movers within Simcoe County

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Adjala-Tosorontio +14.3% up 14.3%
  2. Bradford West Gwillimbury +7.1% up 7.1%
  3. New Tecumseth +5.7% up 5.7%
  4. Essa −2.5% down 2.5%
  5. Innisfil −10.0% down 10.0%

Bottom 5

  1. Innisfil −10.0% down 10.0%
  2. Essa −2.5% down 2.5%
  3. New Tecumseth +5.7% up 5.7%
  4. Bradford West Gwillimbury +7.1% up 7.1%
  5. Adjala-Tosorontio +14.3% up 14.3%

Sales, month-over-month

Top 5

  1. Adjala-Tosorontio +13.3% up 13.3%
  2. Bradford West Gwillimbury +4.5% up 4.5%
  3. Innisfil −2.6% down 2.6%
  4. New Tecumseth −15.2% down 15.2%
  5. Essa −29.5% down 29.5%

Bottom 5

  1. Essa −29.5% down 29.5%
  2. New Tecumseth −15.2% down 15.2%
  3. Innisfil −2.6% down 2.6%
  4. Bradford West Gwillimbury +4.5% up 4.5%
  5. Adjala-Tosorontio +13.3% up 13.3%

Simcoe County

Adjala-Tosorontio

Adjala-Tosorontio, Simcoe County

$777,632

+$97,172 +14.3% up $97,172, 14.3% versus May 2019

Sales
17
SP/LP
98%
DOM
27
SNLR
63.0%

Full history →

Bradford West Gwillimbury

Bradford West Gwillimbury, Simcoe County

$742,775

+$49,174 +7.1% up $49,174, 7.1% versus May 2019

Sales
69
SP/LP
98%
DOM
30
SNLR
50.4%

Full history →

New Tecumseth

New Tecumseth, Simcoe County

$638,769

+$34,235 +5.7% up $34,235, 5.7% versus May 2019

Sales
84
SP/LP
98%
DOM
38
SNLR
56.4%

Full history →

Innisfil

Innisfil, Simcoe County

$565,559

−$62,627 −10.0% down $62,627, 10.0% versus May 2019

Sales
75
SP/LP
96%
DOM
31
SNLR
30.5%

Full history →

Essa

Essa, Simcoe County

$512,858

−$12,922 −2.5% down $12,922, 2.5% versus May 2019

Sales
43
SP/LP
98%
DOM
36
SNLR
55.8%

Full history →

All Simcoe County areas

0 areas

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