Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$705,073
MoM +$12,510 +1.8% up $12,510, 1.8% versus June 2020 YoY +10.3% up 10.3% versus July 2019
Source: TRREB MarketWatch, July 2020
5 areas
Simcoe County
July 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.
$682,888
MoM +$18,888 +2.8% up $18,888, 2.8% versus June 2020 YoY +12.8% up 12.8% versus July 2019
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$607,300
MoM +$16,000 +2.7% up $16,000, 2.7% versus June 2020 YoY +14.1% up 14.1% versus July 2019
Sales — Firm transactions reported through the MLS® System during the month.
461
MoM +58 +14.4% up 58, 14.4% versus June 2020 YoY +65.8% up 65.8% versus July 2019
Dollar volume — Total value of all sales in the month.
$325.0M
MoM +$45,935,540 +16.5% up $45,935,540, 16.5% versus June 2020 YoY +82.9% up 82.9% versus July 2019
New listings — Properties newly listed during the month.
556
MoM +12 +2.2% up 12, 2.2% versus June 2020 YoY −7.3% down 7.3% versus July 2019
Active listings — Listings available at month end.
520
MoM −85 −14.0% down 85, 14.0% versus June 2020 YoY −52.5% down 52.5% versus July 2019
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
27
MoM −2 days −6.9% down 2 days, 6.9% versus June 2020 YoY n/a not available, prior month not on file versus July 2019
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
34
MoM −5 days −12.8% down 5 days, 12.8% versus June 2020 YoY n/a not available, prior month not on file versus July 2019
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
99%
MoM no change no change versus June 2020 YoY +2.1% up 2.1% versus July 2019
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
82.9%
MoM +8.8 pp +11.9% up 8.8 pp, 11.9% versus June 2020 YoY +79.0% up 79.0% versus July 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.
1.1
MoM −0 −24.9% down 0, 24.9% versus June 2020 YoY −71.3% down 71.3% versus July 2019
Trend
13 months to July 2020
Average price
| Month | Average price |
|---|---|
| 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 |
| Jul '20 | 705073 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Jul '20 | 461 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 461 | +58 +14.4% up 58, 14.4% versus June 2020 | $705,073 | +$12,510 +1.8% up $12,510, 1.8% versus June 2020 | $682,888 | 82.9% | 1.1 |
| Detached | 365 | +36 +10.9% up 36, 10.9% versus June 2020 | $734,008 | +$19,133 +2.7% up $19,133, 2.7% versus June 2020 | $715,000 | 86.7% | 1.1 |
| Semi-detached | 14 | +1 +7.7% up 1, 7.7% versus June 2020 | $665,846 | +$49,438 +8.0% up $49,438, 8.0% versus June 2020 | $677,450 | 73.7% | 0.6 |
| Att/row/townhouse | 50 | +13 +35.1% up 13, 35.1% versus June 2020 | $620,456 | −$28,606 −4.4% down $28,606, 4.4% versus June 2020 | $592,550 | 98.0% | 0.5 |
| Condo townhouse | 5 | +5 up 5 versus June 2020 | $512,690 | +$512,690 up $512,690 versus June 2020 | $536,450 | 100.0% | 1.2 |
| Condo apartment | 12 | no change no change versus June 2020 | $399,833 | −$16,375 −3.9% down $16,375, 3.9% versus June 2020 | $385,000 | 34.3% | 4.0 |
| Link | 9 | no change no change versus June 2020 | $581,178 | +$32,734 +6.0% up $32,734, 6.0% versus June 2020 | $570,000 | 64.3% | 1.0 |
| Co-op apartment | 0 | no change no change versus June 2020 | $0 | no change no change versus June 2020 | — | — | — |
| Detached condo | 6 | +3 +100.0% up 3, 100.0% versus June 2020 | $698,167 | +$48,167 +7.4% up $48,167, 7.4% versus June 2020 | $750,000 | 54.5% | 3.7 |
| Co-ownership apartment | 0 | no change no change versus June 2020 | $0 | no change no change versus June 2020 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 277.2 | $607,300 | +14.1% up 14.1% |
| Single-family detached | 262 | $590,600 | +10.6% up 10.6% |
| Single-family attached | 279.1 | $517,200 | +14.1% up 14.1% |
| 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
- Adjala-Tosorontio +49.1% up 49.1%
- New Tecumseth +4.8% up 4.8%
- Innisfil +2.4% up 2.4%
- Essa −1.8% down 1.8%
- Bradford West Gwillimbury −5.1% down 5.1%
Bottom 5
- Bradford West Gwillimbury −5.1% down 5.1%
- Essa −1.8% down 1.8%
- Innisfil +2.4% up 2.4%
- New Tecumseth +4.8% up 4.8%
- Adjala-Tosorontio +49.1% up 49.1%
Sales, month-over-month
Top 5
- Innisfil +23.5% up 23.5%
- Bradford West Gwillimbury +19.5% up 19.5%
- Essa +17.3% up 17.3%
- New Tecumseth +3.4% up 3.4%
- Adjala-Tosorontio −20.0% down 20.0%
Bottom 5
- Adjala-Tosorontio −20.0% down 20.0%
- New Tecumseth +3.4% up 3.4%
- Essa +17.3% up 17.3%
- Bradford West Gwillimbury +19.5% up 19.5%
- Innisfil +23.5% up 23.5%
Simcoe County
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$1,064,888
+$350,888 +49.1% up $350,888, 49.1% versus June 2020
- Sales
- 12
- SP/LP
- 98%
- DOM
- 23
- SNLR
- 46.1%
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$799,254
−$42,838 −5.1% down $42,838, 5.1% versus June 2020
- Sales
- 104
- SP/LP
- 100%
- DOM
- 15
- SNLR
- 80.0%
New Tecumseth
New Tecumseth, Simcoe County
$691,393
+$31,966 +4.8% up $31,966, 4.8% versus June 2020
- Sales
- 121
- SP/LP
- 99%
- DOM
- 24
- SNLR
- 73.3%
Innisfil
Innisfil, Simcoe County
$661,059
+$15,488 +2.4% up $15,488, 2.4% versus June 2020
- Sales
- 163
- SP/LP
- 98%
- DOM
- 40
- SNLR
- 92.6%
Essa
Essa, Simcoe County
$618,466
−$11,586 −1.8% down $11,586, 1.8% versus June 2020
- Sales
- 61
- SP/LP
- 99%
- DOM
- 20
- SNLR
- 103.4%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|