Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$739,967
MoM −$12,794 −1.7% down $12,794, 1.7% versus August 2020 YoY +20.0% up 20.0% versus September 2019
Source: TRREB MarketWatch, September 2020
5 areas
Simcoe County
September 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.
$699,950
MoM −$21,550 −3.0% down $21,550, 3.0% versus August 2020 YoY +17.6% up 17.6% versus September 2019
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$631,000
MoM +$10,600 +1.7% up $10,600, 1.7% versus August 2020 YoY +20.0% up 20.0% versus September 2019
Sales — Firm transactions reported through the MLS® System during the month.
390
MoM −77 −16.5% down 77, 16.5% versus August 2020 YoY +52.3% up 52.3% versus September 2019
Dollar volume — Total value of all sales in the month.
$288.6M
MoM −$62,952,248 −17.9% down $62,952,248, 17.9% versus August 2020 YoY +82.9% up 82.9% versus September 2019
New listings — Properties newly listed during the month.
488
MoM −16 −3.2% down 16, 3.2% versus August 2020 YoY −12.5% down 12.5% versus September 2019
Active listings — Listings available at month end.
418
MoM −27 −6.1% down 27, 6.1% versus August 2020 YoY −58.2% down 58.2% versus September 2019
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
23
MoM −2 days −8.0% down 2 days, 8.0% versus August 2020 YoY n/a not available, prior month not on file versus September 2019
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
28
MoM −3 days −9.7% down 3 days, 9.7% versus August 2020 YoY n/a not available, prior month not on file versus September 2019
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
100%
MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus August 2020 YoY +3.1% up 3.1% versus September 2019
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
79.9%
MoM −12.7 pp −13.8% down 12.7 pp, 13.8% versus August 2020 YoY +74.2% up 74.2% versus September 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 +12.5% up 0, 12.5% versus August 2020 YoY −72.6% down 72.6% versus September 2019
Trend
13 months to September 2020
Average price
| Month | Average price |
|---|---|
| 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 |
| Sep '20 | 739967 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Sep '20 | 390 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 390 | −77 −16.5% down 77, 16.5% versus August 2020 | $739,967 | −$12,794 −1.7% down $12,794, 1.7% versus August 2020 | $699,950 | 79.9% | 1.1 |
| Detached | 300 | −56 −15.7% down 56, 15.7% versus August 2020 | $786,606 | −$17,999 −2.2% down $17,999, 2.2% versus August 2020 | $760,000 | 77.9% | 1.1 |
| Semi-detached | 14 | −9 −39.1% down 9, 39.1% versus August 2020 | $625,857 | −$32,634 −5.0% down $32,634, 5.0% versus August 2020 | $615,000 | 93.3% | 0.5 |
| Att/row/townhouse | 39 | +2 +5.4% up 2, 5.4% versus August 2020 | $600,910 | −$39,339 −6.1% down $39,339, 6.1% versus August 2020 | $610,000 | 90.7% | 0.7 |
| Condo townhouse | 3 | −1 −25.0% down 1, 25.0% versus August 2020 | $517,500 | −$47,500 −8.4% down $47,500, 8.4% versus August 2020 | $542,500 | 100.0% | 1.0 |
| Condo apartment | 17 | −6 −26.1% down 6, 26.1% versus August 2020 | $487,265 | +$64,804 +15.3% up $64,804, 15.3% versus August 2020 | $452,000 | 100.0% | 1.4 |
| Link | 5 | −9 −64.3% down 9, 64.3% versus August 2020 | $603,200 | −$5,364 −0.9% down $5,364, 0.9% versus August 2020 | $627,000 | 38.5% | 1.6 |
| Co-op apartment | 0 | no change no change versus August 2020 | $0 | no change no change versus August 2020 | — | — | — |
| Detached condo | 12 | +2 +20.0% up 2, 20.0% versus August 2020 | $629,648 | +$52,773 +9.1% up $52,773, 9.1% versus August 2020 | $656,389 | 100.0% | 1.0 |
| Co-ownership apartment | 0 | no change no change versus August 2020 | $0 | no change no change versus August 2020 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 288 | $631,000 | +20.0% up 20.0% |
| Single-family detached | 267.1 | $602,100 | +14.9% up 14.9% |
| Single-family attached | 284.6 | $527,400 | +15.0% up 15.0% |
| 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 +5.7% up 5.7%
- Adjala-Tosorontio +2.7% up 2.7%
- New Tecumseth −1.1% down 1.1%
- Innisfil −7.6% down 7.6%
- Essa −9.7% down 9.7%
Bottom 5
- Essa −9.7% down 9.7%
- Innisfil −7.6% down 7.6%
- New Tecumseth −1.1% down 1.1%
- Adjala-Tosorontio +2.7% up 2.7%
- Bradford West Gwillimbury +5.7% up 5.7%
Sales, month-over-month
Top 5
- Bradford West Gwillimbury −7.3% down 7.3%
- Adjala-Tosorontio −10.7% down 10.7%
- New Tecumseth −14.5% down 14.5%
- Innisfil −19.6% down 19.6%
- Essa −32.7% down 32.7%
Bottom 5
- Essa −32.7% down 32.7%
- Innisfil −19.6% down 19.6%
- New Tecumseth −14.5% down 14.5%
- Adjala-Tosorontio −10.7% down 10.7%
- Bradford West Gwillimbury −7.3% down 7.3%
Simcoe County
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$895,480
+$23,466 +2.7% up $23,466, 2.7% versus August 2020
- Sales
- 25
- SP/LP
- 99%
- DOM
- 39
- SNLR
- 113.6%
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$864,726
+$46,309 +5.7% up $46,309, 5.7% versus August 2020
- Sales
- 89
- SP/LP
- 101%
- DOM
- 12
- SNLR
- 63.6%
New Tecumseth
New Tecumseth, Simcoe County
$700,901
−$8,122 −1.1% down $8,122, 1.1% versus August 2020
- Sales
- 112
- SP/LP
- 99%
- DOM
- 27
- SNLR
- 92.6%
Innisfil
Innisfil, Simcoe County
$676,798
−$55,607 −7.6% down $55,607, 7.6% versus August 2020
- Sales
- 131
- SP/LP
- 100%
- DOM
- 25
- SNLR
- 83.4%
Essa
Essa, Simcoe County
$669,033
−$71,596 −9.7% down $71,596, 9.7% versus August 2020
- Sales
- 33
- SP/LP
- 100%
- DOM
- 16
- SNLR
- 68.8%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|