Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$657,299
MoM −$646 −0.1% down $646, 0.1% versus February 2020 YoY +9.3% up 9.3% versus March 2019
Source: TRREB MarketWatch, March 2020
5 areas
Simcoe County
March 2020
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$617,750
MoM −$2,250 −0.4% down $2,250, 0.4% versus February 2020 YoY +6.7% up 6.7% versus March 2019
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$572,200
MoM +$29,500 +5.4% up $29,500, 5.4% versus February 2020 YoY +4.9% up 4.9% versus March 2019
Sales — Firm transactions reported through the MLS® System during the month.
272
MoM +13 +5.0% up 13, 5.0% versus February 2020 YoY +7.1% up 7.1% versus March 2019
Dollar volume — Total value of all sales in the month.
$178.8M
MoM +$8,377,510 +4.9% up $8,377,510, 4.9% versus February 2020 YoY +17.1% up 17.1% versus March 2019
New listings — Properties newly listed during the month.
494
MoM +80 +19.3% up 80, 19.3% versus February 2020 YoY −17.4% down 17.4% versus March 2019
Active listings — Listings available at month end.
590
MoM +63 +12.0% up 63, 12.0% versus February 2020 YoY −35.5% down 35.5% versus March 2019
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
24
MoM −9 days −27.3% down 9 days, 27.3% versus February 2020 YoY n/a not available, prior month not on file versus March 2019
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
30
MoM −11 days −26.8% down 11 days, 26.8% versus February 2020 YoY n/a not available, prior month not on file versus March 2019
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
98%
MoM no change no change versus February 2020 YoY +1.0% up 1.0% versus March 2019
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
55.1%
MoM −7.5 pp −12.0% down 7.5 pp, 12.0% versus February 2020 YoY +29.6% up 29.6% versus March 2019
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.
2.2
MoM +0 +6.6% up 0, 6.6% versus February 2020 YoY −39.8% down 39.8% versus March 2019
Trend
13 months to March 2020
Average price
| Month | Average price |
|---|---|
| Mar '19 | 601243 |
| Apr '19 | 593337 |
| May '19 | 617221 |
| Jun '19 | 634020 |
| Jul '19 | 639365 |
| Aug '19 | 626194 |
| Sep '19 | 616432 |
| Oct '19 | 644075 |
| Nov '19 | 626659 |
| Dec '19 | 654746 |
| Jan '20 | 670452 |
| Feb '20 | 657945 |
| Mar '20 | 657299 |
Sales
| Month | Sales |
|---|---|
| Mar '19 | 254 |
| Apr '19 | 312 |
| May '19 | 318 |
| Jun '19 | 288 |
| Jul '19 | 278 |
| Aug '19 | 269 |
| Sep '19 | 256 |
| Oct '19 | 296 |
| Nov '19 | 246 |
| Dec '19 | 150 |
| Jan '20 | 159 |
| Feb '20 | 259 |
| Mar '20 | 272 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 272 | +13 +5.0% up 13, 5.0% versus February 2020 | $657,299 | −$646 −0.1% down $646, 0.1% versus February 2020 | $617,750 | 55.1% | 2.2 |
| Detached | 211 | no change no change versus February 2020 | $696,522 | +$6,823 +1.0% up $6,823, 1.0% versus February 2020 | $654,000 | 52.6% | 2.2 |
| Semi-detached | 7 | −6 −46.2% down 6, 46.2% versus February 2020 | $580,714 | +$44,522 +8.3% up $44,522, 8.3% versus February 2020 | $540,000 | 70.0% | 0.7 |
| Att/row/townhouse | 26 | +7 +36.8% up 7, 36.8% versus February 2020 | $529,396 | +$9,085 +1.7% up $9,085, 1.7% versus February 2020 | $518,700 | 68.4% | 1.8 |
| Condo townhouse | 4 | +3 +300.0% up 3, 300.0% versus February 2020 | $467,406 | +$77,406 +19.8% up $77,406, 19.8% versus February 2020 | $458,613 | 400.0% | 0.8 |
| Condo apartment | 6 | no change no change versus February 2020 | $387,983 | +$15,150 +4.1% up $15,150, 4.1% versus February 2020 | $393,000 | 33.3% | 7.3 |
| Link | 14 | +7 +100.0% up 7, 100.0% versus February 2020 | $544,307 | −$39,250 −6.7% down $39,250, 6.7% versus February 2020 | $539,500 | 82.3% | 1.0 |
| Co-op apartment | 0 | no change no change versus February 2020 | $0 | no change no change versus February 2020 | — | — | — |
| Detached condo | 4 | +2 +100.0% up 2, 100.0% versus February 2020 | $543,000 | −$113,500 −17.3% down $113,500, 17.3% versus February 2020 | $541,500 | 44.4% | 4.8 |
| Co-ownership apartment | 0 | no change no change versus February 2020 | $0 | no change no change versus February 2020 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 261.2 | $572,200 | +4.9% up 4.9% |
| Single-family detached | 244.7 | $551,500 | −0.2% down 0.2% |
| Single-family attached | 273.4 | $506,700 | +7.5% up 7.5% |
| Townhouse | — | — | n/a not available, prior month not on file |
| Apartment | — | — | n/a not available, prior month not on file |
Movers within Simcoe County
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Innisfil +3.7% up 3.7%
- New Tecumseth +0.3% up 0.3%
- Bradford West Gwillimbury +0.2% up 0.2%
- Essa −3.1% down 3.1%
- Adjala-Tosorontio −19.6% down 19.6%
Bottom 5
- Adjala-Tosorontio −19.6% down 19.6%
- Essa −3.1% down 3.1%
- Bradford West Gwillimbury +0.2% up 0.2%
- New Tecumseth +0.3% up 0.3%
- Innisfil +3.7% up 3.7%
Sales, month-over-month
Top 5
- Adjala-Tosorontio +88.9% up 88.9%
- Essa +31.4% up 31.4%
- New Tecumseth no change no change
- Bradford West Gwillimbury −3.4% down 3.4%
- Innisfil −4.6% down 4.6%
Bottom 5
- Innisfil −4.6% down 4.6%
- Bradford West Gwillimbury −3.4% down 3.4%
- New Tecumseth no change no change
- Essa +31.4% up 31.4%
- Adjala-Tosorontio +88.9% up 88.9%
Simcoe County
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$785,235
−$191,321 −19.6% down $191,321, 19.6% versus February 2020
- Sales
- 17
- SP/LP
- 96%
- DOM
- 39
- SNLR
- 63.0%
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$763,483
+$1,555 +0.2% up $1,555, 0.2% versus February 2020
- Sales
- 56
- SP/LP
- 98%
- DOM
- 12
- SNLR
- 56.0%
New Tecumseth
New Tecumseth, Simcoe County
$643,163
+$1,881 +0.3% up $1,881, 0.3% versus February 2020
- Sales
- 70
- SP/LP
- 99%
- DOM
- 32
- SNLR
- 63.6%
Innisfil
Innisfil, Simcoe County
$618,153
+$22,313 +3.7% up $22,313, 3.7% versus February 2020
- Sales
- 83
- SP/LP
- 98%
- DOM
- 25
- SNLR
- 46.1%
Essa
Essa, Simcoe County
$572,896
−$18,510 −3.1% down $18,510, 3.1% versus February 2020
- Sales
- 46
- SP/LP
- 100%
- DOM
- 21
- SNLR
- 59.7%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|