Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$634,731
MoM −$22,568 −3.4% down $22,568, 3.4% versus March 2020 YoY +7.0% up 7.0% versus April 2019
Source: TRREB MarketWatch, April 2020
5 areas
Simcoe County
April 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.
$611,200
MoM −$6,550 −1.1% down $6,550, 1.1% versus March 2020 YoY +6.7% up 6.7% versus April 2019
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$570,300
MoM −$1,900 −0.3% down $1,900, 0.3% versus March 2020 YoY +10.6% up 10.6% versus April 2019
Sales — Firm transactions reported through the MLS® System during the month.
118
MoM −154 −56.6% down 154, 56.6% versus March 2020 YoY −62.2% down 62.2% versus April 2019
Dollar volume — Total value of all sales in the month.
$74.9M
MoM −$103,887,069 −58.1% down $103,887,069, 58.1% versus March 2020 YoY −59.5% down 59.5% versus April 2019
New listings — Properties newly listed during the month.
240
MoM −254 −51.4% down 254, 51.4% versus March 2020 YoY −65.1% down 65.1% versus April 2019
Active listings — Listings available at month end.
587
MoM −3 −0.5% down 3, 0.5% versus March 2020 YoY −43.2% down 43.2% versus April 2019
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
33
MoM +9 days +37.5% up 9 days, 37.5% versus March 2020 YoY n/a not available, prior month not on file versus April 2019
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
43
MoM +13 days +43.3% up 13 days, 43.3% versus March 2020 YoY n/a not available, prior month not on file versus April 2019
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 March 2020 YoY −1.0% down 1.0% versus April 2019
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
49.2%
MoM −5.9 pp −10.7% down 5.9 pp, 10.7% versus March 2020 YoY +8.3% up 8.3% versus April 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.
5.0
MoM +3 +129.3% up 3, 129.3% versus March 2020 YoY +50.2% up 50.2% versus April 2019
Trend
13 months to April 2020
Average price
| Month | Average price |
|---|---|
| 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 |
| Apr '20 | 634731 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Apr '20 | 118 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 118 | −154 −56.6% down 154, 56.6% versus March 2020 | $634,731 | −$22,568 −3.4% down $22,568, 3.4% versus March 2020 | $611,200 | 49.2% | 5.0 |
| Detached | 90 | −121 −57.3% down 121, 57.3% versus March 2020 | $663,840 | −$32,682 −4.7% down $32,682, 4.7% versus March 2020 | $636,500 | 48.1% | 5.2 |
| Semi-detached | 5 | −2 −28.6% down 2, 28.6% versus March 2020 | $557,580 | −$23,134 −4.0% down $23,134, 4.0% versus March 2020 | $579,000 | 55.6% | 1.2 |
| Att/row/townhouse | 11 | −15 −57.7% down 15, 57.7% versus March 2020 | $525,127 | −$4,269 −0.8% down $4,269, 0.8% versus March 2020 | $480,000 | 50.0% | 3.6 |
| Condo townhouse | 1 | −3 −75.0% down 3, 75.0% versus March 2020 | $420,000 | −$47,406 −10.1% down $47,406, 10.1% versus March 2020 | $420,000 | 100.0% | 2.0 |
| Condo apartment | 0 | −6 −100.0% down 6, 100.0% versus March 2020 | $0 | −$387,983 −100.0% down $387,983, 100.0% versus March 2020 | — | 0.0% | — |
| Link | 8 | −6 −42.9% down 6, 42.9% versus March 2020 | $582,425 | +$38,118 +7.0% up $38,118, 7.0% versus March 2020 | $612,450 | 200.0% | 0.9 |
| Co-op apartment | 0 | no change no change versus March 2020 | $0 | no change no change versus March 2020 | — | — | — |
| Detached condo | 3 | −1 −25.0% down 1, 25.0% versus March 2020 | $503,000 | −$40,000 −7.4% down $40,000, 7.4% versus March 2020 | $515,000 | 75.0% | 6.0 |
| Co-ownership apartment | 0 | no change no change versus March 2020 | $0 | no change no change versus March 2020 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 260.3 | $570,300 | +10.6% up 10.6% |
| Single-family detached | 250.4 | $564,400 | +13.0% up 13.0% |
| Single-family attached | 277 | $513,400 | +9.1% up 9.1% |
| 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
- Bradford West Gwillimbury +1.4% up 1.4%
- Essa +0.8% up 0.8%
- New Tecumseth −3.2% down 3.2%
- Innisfil −8.0% down 8.0%
Bottom 5
- Innisfil −8.0% down 8.0%
- New Tecumseth −3.2% down 3.2%
- Essa +0.8% up 0.8%
- Bradford West Gwillimbury +1.4% up 1.4%
Sales, month-over-month
Top 5
- Essa −47.8% down 47.8%
- Innisfil −55.4% down 55.4%
- Bradford West Gwillimbury −57.1% down 57.1%
- New Tecumseth −62.9% down 62.9%
Bottom 5
- New Tecumseth −62.9% down 62.9%
- Bradford West Gwillimbury −57.1% down 57.1%
- Innisfil −55.4% down 55.4%
- Essa −47.8% down 47.8%
Simcoe County
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$774,060
+$10,577 +1.4% up $10,577, 1.4% versus March 2020
- Sales
- 24
- SP/LP
- 97%
- DOM
- 22
- SNLR
- 55.8%
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$748,605
−$36,630 −4.7% down $36,630, 4.7% versus March 2020
- Sales
- 7
- SP/LP
- 97%
- DOM
- 35
- SNLR
- 77.8%
New Tecumseth
New Tecumseth, Simcoe County
$622,804
−$20,359 −3.2% down $20,359, 3.2% versus March 2020
- Sales
- 26
- SP/LP
- 97%
- DOM
- 26
- SNLR
- 55.3%
Essa
Essa, Simcoe County
$577,263
+$4,367 +0.8% up $4,367, 0.8% versus March 2020
- Sales
- 24
- SP/LP
- 96%
- DOM
- 43
- SNLR
- 104.3%
Innisfil
Innisfil, Simcoe County
$568,470
−$49,683 −8.0% down $49,683, 8.0% versus March 2020
- Sales
- 37
- SP/LP
- 97%
- DOM
- 40
- SNLR
- 31.4%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|