Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$692,563
MoM +$56,176 +8.8% up $56,176, 8.8% versus May 2020 YoY +9.2% up 9.2% versus June 2019
Source: TRREB MarketWatch, June 2020
5 areas
Simcoe County
June 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.
$664,000
MoM +$32,000 +5.1% up $32,000, 5.1% versus May 2020 YoY +12.1% up 12.1% versus June 2019
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$591,300
MoM +$5,300 +0.9% up $5,300, 0.9% versus May 2020 YoY +13.4% up 13.4% versus June 2019
Sales — Firm transactions reported through the MLS® System during the month.
403
MoM +221 +121.4% up 221, 121.4% versus May 2020 YoY +39.9% up 39.9% versus June 2019
Dollar volume — Total value of all sales in the month.
$279.1M
MoM +$163,280,690 +141.0% up $163,280,690, 141.0% versus May 2020 YoY +52.9% up 52.9% versus June 2019
New listings — Properties newly listed during the month.
544
MoM +140 +34.7% up 140, 34.7% versus May 2020 YoY −14.5% down 14.5% versus June 2019
Active listings — Listings available at month end.
605
MoM −28 −4.4% down 28, 4.4% versus May 2020 YoY −47.1% down 47.1% versus June 2019
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
29
MoM −6 days −17.1% down 6 days, 17.1% versus May 2020 YoY n/a not available, prior month not on file versus June 2019
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
39
MoM −4 days −9.3% down 4 days, 9.3% versus May 2020 YoY n/a not available, prior month not on file versus June 2019
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
99%
MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus May 2020 YoY +2.1% up 2.1% versus June 2019
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
74.1%
MoM +29.0 pp +64.4% up 29.0 pp, 64.4% versus May 2020 YoY +63.6% up 63.6% versus June 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.
1.5
MoM −2 −56.8% down 2, 56.8% versus May 2020 YoY −62.2% down 62.2% versus June 2019
Trend
13 months to June 2020
Average price
| Month | Average price |
|---|---|
| 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 |
| May '20 | 636387 |
| Jun '20 | 692563 |
Sales
| Month | Sales |
|---|---|
| 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 |
| May '20 | 182 |
| Jun '20 | 403 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 403 | +221 +121.4% up 221, 121.4% versus May 2020 | $692,563 | +$56,176 +8.8% up $56,176, 8.8% versus May 2020 | $664,000 | 74.1% | 1.5 |
| Detached | 329 | +183 +125.3% up 183, 125.3% versus May 2020 | $714,875 | +$47,528 +7.1% up $47,528, 7.1% versus May 2020 | $700,000 | 74.4% | 1.5 |
| Semi-detached | 13 | +5 +62.5% up 5, 62.5% versus May 2020 | $616,408 | +$39,283 +6.8% up $39,283, 6.8% versus May 2020 | $650,000 | 81.3% | 0.5 |
| Att/row/townhouse | 37 | +20 +117.6% up 20, 117.6% versus May 2020 | $649,062 | +$139,597 +27.4% up $139,597, 27.4% versus May 2020 | $540,000 | 78.7% | 1.0 |
| Condo townhouse | 0 | no change no change versus May 2020 | $0 | no change no change versus May 2020 | — | 0.0% | — |
| Condo apartment | 12 | +7 +140.0% up 7, 140.0% versus May 2020 | $416,208 | +$45,608 +12.3% up $45,608, 12.3% versus May 2020 | $390,500 | 66.7% | 3.8 |
| Link | 9 | +5 +125.0% up 5, 125.0% versus May 2020 | $548,444 | +$82,469 +17.7% up $82,469, 17.7% versus May 2020 | $560,000 | 112.5% | 0.4 |
| Co-op apartment | 0 | no change no change versus May 2020 | $0 | no change no change versus May 2020 | — | — | — |
| Detached condo | 3 | +1 +50.0% up 1, 50.0% versus May 2020 | $650,000 | −$47,500 −6.8% down $47,500, 6.8% versus May 2020 | $655,000 | 42.9% | 6.3 |
| Co-ownership apartment | 0 | no change no change versus May 2020 | $0 | no change no change versus May 2020 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 269.9 | $591,300 | +13.4% up 13.4% |
| Single-family detached | 256.8 | $578,900 | +7.7% up 7.7% |
| Single-family attached | 278.1 | $515,400 | +6.5% up 6.5% |
| 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
- Essa +17.5% up 17.5%
- Innisfil +9.7% up 9.7%
- Bradford West Gwillimbury +8.4% up 8.4%
- Adjala-Tosorontio +8.2% up 8.2%
- New Tecumseth −0.6% down 0.6%
Bottom 5
- New Tecumseth −0.6% down 0.6%
- Adjala-Tosorontio +8.2% up 8.2%
- Bradford West Gwillimbury +8.4% up 8.4%
- Innisfil +9.7% up 9.7%
- Essa +17.5% up 17.5%
Sales, month-over-month
Top 5
- Adjala-Tosorontio +400.0% up 400.0%
- New Tecumseth +178.6% up 178.6%
- Bradford West Gwillimbury +135.1% up 135.1%
- Innisfil +91.3% up 91.3%
- Essa +67.7% up 67.7%
Bottom 5
- Essa +67.7% up 67.7%
- Innisfil +91.3% up 91.3%
- Bradford West Gwillimbury +135.1% up 135.1%
- New Tecumseth +178.6% up 178.6%
- Adjala-Tosorontio +400.0% up 400.0%
Simcoe County
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$842,092
+$65,270 +8.4% up $65,270, 8.4% versus May 2020
- Sales
- 87
- SP/LP
- 100%
- DOM
- 19
- SNLR
- 68.0%
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$714,000
+$54,000 +8.2% up $54,000, 8.2% versus May 2020
- Sales
- 15
- SP/LP
- 99%
- DOM
- 50
- SNLR
- 75.0%
New Tecumseth
New Tecumseth, Simcoe County
$659,427
−$4,292 −0.6% down $4,292, 0.6% versus May 2020
- Sales
- 117
- SP/LP
- 99%
- DOM
- 25
- SNLR
- 81.8%
Innisfil
Innisfil, Simcoe County
$645,571
+$57,129 +9.7% up $57,129, 9.7% versus May 2020
- Sales
- 132
- SP/LP
- 98%
- DOM
- 35
- SNLR
- 69.1%
Essa
Essa, Simcoe County
$630,052
+$93,881 +17.5% up $93,881, 17.5% versus May 2020
- Sales
- 52
- SP/LP
- 98%
- DOM
- 34
- SNLR
- 83.9%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|