Source: TRREB MarketWatch, September 2019

5 areas

Simcoe County

September 2019

Headline indicators

All home types

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

$616,432

MoM −$9,762 −1.6% down $9,762, 1.6% versus August 2019 YoY −0.1% down 0.1% versus September 2018

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

$595,000

MoM no change no change versus August 2019 YoY +2.6% up 2.6% versus September 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 August 2019 YoY n/a not available, prior month not on file versus September 2018

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

256

MoM −13 −4.8% down 13, 4.8% versus August 2019 YoY +12.8% up 12.8% versus September 2018

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

$157.8M

MoM −$10,639,512 −6.3% down $10,639,512, 6.3% versus August 2019 YoY +12.7% up 12.7% versus September 2018

New listings — Properties newly listed during the month.

558

MoM +83 +17.5% up 83, 17.5% versus August 2019 YoY −7.0% down 7.0% versus September 2018

Active listings — Listings available at month end.

1,000

MoM −6 −0.6% down 6, 0.6% versus August 2019 YoY −8.9% down 8.9% versus September 2018

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

42

MoM +6 days +16.7% up 6 days, 16.7% versus August 2019 YoY +2.4% up 2.4% versus September 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 August 2019 YoY no change no change versus September 2018

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

45.9%

MoM −10.8 pp −19.0% down 10.8 pp, 19.0% versus August 2019 YoY +21.3% up 21.3% versus September 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.

3.9

MoM +0 +4.5% up 0, 4.5% versus August 2019 YoY −19.2% down 19.2% versus September 2018

Trend

13 months to September 2019

Average price

Simcoe County average selling price over the 13 months ending September 2019.
Month Average price
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
Jul '19 639365
Aug '19 626194
Sep '19 616432

Sales

Simcoe County sales over the 13 months ending September 2019.
Month Sales
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
Jul '19 278
Aug '19 269
Sep '19 256

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 256 −13 −4.8% down 13, 4.8% versus August 2019 $616,432 −$9,762 −1.6% down $9,762, 1.6% versus August 2019 $595,000 45.9% 3.9
Detached 212 −5 −2.3% down 5, 2.3% versus August 2019 $639,203 −$13,997 −2.1% down $13,997, 2.1% versus August 2019 $629,500 46.1% 3.9
Semi-detached 7 −2 −22.2% down 2, 22.2% versus August 2019 $558,557 +$64,946 +13.2% up $64,946, 13.2% versus August 2019 $550,000 43.8% 2.7
Att/row/townhouse 26 −2 −7.1% down 2, 7.1% versus August 2019 $503,835 −$15,903 −3.1% down $15,903, 3.1% versus August 2019 $467,000 60.5% 2.6
Condo townhouse 2 +2 up 2 versus August 2019 $381,750 n/a not available, prior month not on file versus August 2019 $381,750 1.0
Condo apartment 5 +1 +25.0% up 1, 25.0% versus August 2019 $433,000 +$13,375 +3.2% up $13,375, 3.2% versus August 2019 $420,000 27.8% 12.2
Link 2 −5 −71.4% down 5, 71.4% versus August 2019 $515,000 −$16,857 −3.2% down $16,857, 3.2% versus August 2019 $515,000 25.0% 4.5
Co-op apartment 0 no change no change versus August 2019 n/a not available, prior month not on file versus August 2019
Detached condo 2 −2 −50.0% down 2, 50.0% versus August 2019 $663,750 +$87,500 +15.2% up $87,500, 15.2% versus August 2019 $663,750 15.4% 12.5
Co-ownership apartment 0 no change no change versus August 2019 n/a not available, prior month not on file versus August 2019

Movers within Simcoe County

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Essa +5.6% up 5.6%
  2. New Tecumseth +3.3% up 3.3%
  3. Bradford West Gwillimbury −1.8% down 1.8%
  4. Adjala-Tosorontio −2.8% down 2.8%
  5. Innisfil −5.6% down 5.6%

Bottom 5

  1. Innisfil −5.6% down 5.6%
  2. Adjala-Tosorontio −2.8% down 2.8%
  3. Bradford West Gwillimbury −1.8% down 1.8%
  4. New Tecumseth +3.3% up 3.3%
  5. Essa +5.6% up 5.6%

Sales, month-over-month

Top 5

  1. Innisfil +35.2% up 35.2%
  2. Adjala-Tosorontio +7.1% up 7.1%
  3. New Tecumseth −15.8% down 15.8%
  4. Bradford West Gwillimbury −19.0% down 19.0%
  5. Essa −33.3% down 33.3%

Bottom 5

  1. Essa −33.3% down 33.3%
  2. Bradford West Gwillimbury −19.0% down 19.0%
  3. New Tecumseth −15.8% down 15.8%
  4. Adjala-Tosorontio +7.1% up 7.1%
  5. Innisfil +35.2% up 35.2%

Simcoe County

Bradford West Gwillimbury

Bradford West Gwillimbury, Simcoe County

$705,331

−$13,240 −1.8% down $13,240, 1.8% versus August 2019

Sales
51
SP/LP
98%
DOM
32
SNLR
38.6%

Full history →

Adjala-Tosorontio

Adjala-Tosorontio, Simcoe County

$686,000

−$19,607 −2.8% down $19,607, 2.8% versus August 2019

Sales
15
SP/LP
96%
DOM
51
SNLR
53.6%

Full history →

New Tecumseth

New Tecumseth, Simcoe County

$623,510

+$20,022 +3.3% up $20,022, 3.3% versus August 2019

Sales
64
SP/LP
98%
DOM
43
SNLR
48.5%

Full history →

Essa

Essa, Simcoe County

$590,197

+$31,049 +5.6% up $31,049, 5.6% versus August 2019

Sales
30
SP/LP
98%
DOM
54
SNLR
56.6%

Full history →

Innisfil

Innisfil, Simcoe County

$561,814

−$33,549 −5.6% down $33,549, 5.6% versus August 2019

Sales
96
SP/LP
97%
DOM
40
SNLR
45.1%

Full history →

All Simcoe County areas

0 areas

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