Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$752,761
MoM +$47,688 +6.8% up $47,688, 6.8% versus July 2020 YoY +20.2% up 20.2% versus August 2019
Source: TRREB MarketWatch, August 2020
5 areas
Simcoe County
August 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.
$721,500
MoM +$38,612 +5.7% up $38,612, 5.7% versus July 2020 YoY +21.3% up 21.3% versus August 2019
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$620,400
MoM +$13,100 +2.2% up $13,100, 2.2% versus July 2020 YoY +14.5% up 14.5% versus August 2019
Sales — Firm transactions reported through the MLS® System during the month.
467
MoM +6 +1.3% up 6, 1.3% versus July 2020 YoY +73.6% up 73.6% versus August 2019
Dollar volume — Total value of all sales in the month.
$351.5M
MoM +$26,500,685 +8.2% up $26,500,685, 8.2% versus July 2020 YoY +108.7% up 108.7% versus August 2019
New listings — Properties newly listed during the month.
504
MoM −52 −9.4% down 52, 9.4% versus July 2020 YoY +6.1% up 6.1% versus August 2019
Active listings — Listings available at month end.
445
MoM −75 −14.4% down 75, 14.4% versus July 2020 YoY −55.8% down 55.8% versus August 2019
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
25
MoM −2 days −7.4% down 2 days, 7.4% versus July 2020 YoY n/a not available, prior month not on file versus August 2019
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
31
MoM −3 days −8.8% down 3 days, 8.8% versus July 2020 YoY n/a not available, prior month not on file versus August 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 July 2020 YoY +1.0% up 1.0% versus August 2019
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
92.7%
MoM +9.7 pp +11.8% up 9.7 pp, 11.8% versus July 2020 YoY +63.6% up 63.6% versus August 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.
0.9
MoM −0 −15.5% down 0, 15.5% versus July 2020 YoY −74.5% down 74.5% versus August 2019
Trend
13 months to August 2020
Average price
| Month | Average price |
|---|---|
| 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 |
| Aug '20 | 752761 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Aug '20 | 467 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 467 | +6 +1.3% up 6, 1.3% versus July 2020 | $752,761 | +$47,688 +6.8% up $47,688, 6.8% versus July 2020 | $721,500 | 92.7% | 0.9 |
| Detached | 356 | −9 −2.5% down 9, 2.5% versus July 2020 | $804,605 | +$70,597 +9.6% up $70,597, 9.6% versus July 2020 | $756,000 | 89.2% | 1.0 |
| Semi-detached | 23 | +9 +64.3% up 9, 64.3% versus July 2020 | $658,491 | −$7,355 −1.1% down $7,355, 1.1% versus July 2020 | $668,000 | 95.8% | 0.3 |
| Att/row/townhouse | 37 | −13 −26.0% down 13, 26.0% versus July 2020 | $640,249 | +$19,793 +3.2% up $19,793, 3.2% versus July 2020 | $555,000 | 74.0% | 0.9 |
| Condo townhouse | 4 | −1 −20.0% down 1, 20.0% versus July 2020 | $565,000 | +$52,310 +10.2% up $52,310, 10.2% versus July 2020 | $532,500 | 200.0% | 0.8 |
| Condo apartment | 23 | +11 +91.7% up 11, 91.7% versus July 2020 | $422,461 | +$22,628 +5.7% up $22,628, 5.7% versus July 2020 | $400,000 | 143.8% | 1.6 |
| Link | 14 | +5 +55.6% up 5, 55.6% versus July 2020 | $608,564 | +$27,386 +4.7% up $27,386, 4.7% versus July 2020 | $605,000 | 175.0% | 0.1 |
| Co-op apartment | 0 | no change no change versus July 2020 | $0 | no change no change versus July 2020 | — | — | — |
| Detached condo | 10 | +4 +66.7% up 4, 66.7% versus July 2020 | $576,875 | −$121,292 −17.4% down $121,292, 17.4% versus July 2020 | $528,750 | 200.0% | 1.4 |
| Co-ownership apartment | 0 | no change no change versus July 2020 | $0 | no change no change versus July 2020 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 283.2 | $620,400 | +14.5% up 14.5% |
| Single-family detached | 265.6 | $598,700 | +13.9% up 13.9% |
| Single-family attached | 297.5 | $551,300 | +19.8% up 19.8% |
| 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 +19.8% up 19.8%
- Innisfil +10.8% up 10.8%
- New Tecumseth +2.5% up 2.5%
- Bradford West Gwillimbury +2.4% up 2.4%
- Adjala-Tosorontio −18.1% down 18.1%
Bottom 5
- Adjala-Tosorontio −18.1% down 18.1%
- Bradford West Gwillimbury +2.4% up 2.4%
- New Tecumseth +2.5% up 2.5%
- Innisfil +10.8% up 10.8%
- Essa +19.8% up 19.8%
Sales, month-over-month
Top 5
- Adjala-Tosorontio +133.3% up 133.3%
- New Tecumseth +8.3% up 8.3%
- Innisfil no change no change
- Bradford West Gwillimbury −7.7% down 7.7%
- Essa −19.7% down 19.7%
Bottom 5
- Essa −19.7% down 19.7%
- Bradford West Gwillimbury −7.7% down 7.7%
- Innisfil no change no change
- New Tecumseth +8.3% up 8.3%
- Adjala-Tosorontio +133.3% up 133.3%
Simcoe County
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$872,014
−$192,874 −18.1% down $192,874, 18.1% versus July 2020
- Sales
- 28
- SP/LP
- 98%
- DOM
- 25
- SNLR
- 96.5%
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$818,417
+$19,163 +2.4% up $19,163, 2.4% versus July 2020
- Sales
- 96
- SP/LP
- 100%
- DOM
- 17
- SNLR
- 73.3%
Essa
Essa, Simcoe County
$740,629
+$122,163 +19.8% up $122,163, 19.8% versus July 2020
- Sales
- 49
- SP/LP
- 98%
- DOM
- 32
- SNLR
- 116.7%
Innisfil
Innisfil, Simcoe County
$732,405
+$71,346 +10.8% up $71,346, 10.8% versus July 2020
- Sales
- 163
- SP/LP
- 99%
- DOM
- 32
- SNLR
- 95.3%
New Tecumseth
New Tecumseth, Simcoe County
$709,023
+$17,630 +2.5% up $17,630, 2.5% versus July 2020
- Sales
- 131
- SP/LP
- 99%
- DOM
- 21
- SNLR
- 100.0%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|