Source: TRREB MarketWatch, November 2020

5 areas

Simcoe County

November 2020

Headline indicators

All home types

Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.

$801,370

MoM +$40,650 +5.3% up $40,650, 5.3% versus October 2020 YoY +27.9% up 27.9% versus November 2019

Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.

$747,500

MoM +$27,550 +3.8% up $27,550, 3.8% versus October 2020 YoY +26.7% up 26.7% versus November 2019

MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.

$667,300

MoM +$19,300 +3.0% up $19,300, 3.0% versus October 2020 YoY +22.7% up 22.7% versus November 2019

Sales — Firm transactions reported through the MLS® System during the month.

287

MoM −73 −20.3% down 73, 20.3% versus October 2020 YoY +16.7% up 16.7% versus November 2019

Dollar volume — Total value of all sales in the month.

$230.0M

MoM −$43,865,825 −16.0% down $43,865,825, 16.0% versus October 2020 YoY +49.2% up 49.2% versus November 2019

New listings — Properties newly listed during the month.

297

MoM −128 −30.1% down 128, 30.1% versus October 2020 YoY +4.9% up 4.9% versus November 2019

Active listings — Listings available at month end.

297

MoM −78 −20.8% down 78, 20.8% versus October 2020 YoY −56.1% down 56.1% versus November 2019

Avg. LDOM — Average days on market for the current listing. Not reported before 2020.

20

MoM −1 day −4.8% down 1 day, 4.8% versus October 2020 YoY n/a not available, prior month not on file versus November 2019

Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.

25

MoM no change no change versus October 2020 YoY n/a not available, prior month not on file versus November 2019

Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.

100%

MoM no change no change versus October 2020 YoY +3.1% up 3.1% versus November 2019

SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.

96.6%

MoM +11.9 pp +14.1% up 11.9 pp, 14.1% versus October 2020 YoY +11.2% up 11.2% versus November 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.

1.0

MoM −0 −0.7% down 0, 0.7% versus October 2020 YoY −62.3% down 62.3% versus November 2019

Trend

13 months to November 2020

Average price

Simcoe County average selling price over the 13 months ending November 2020.
Month Average price
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
Oct '20 760720
Nov '20 801370

Sales

Simcoe County sales over the 13 months ending November 2020.
Month Sales
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
Oct '20 360
Nov '20 287

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 287 −73 −20.3% down 73, 20.3% versus October 2020 $801,370 +$40,650 +5.3% up $40,650, 5.3% versus October 2020 $747,500 96.6% 1.0
Detached 230 −46 −16.7% down 46, 16.7% versus October 2020 $843,106 +$44,187 +5.5% up $44,187, 5.5% versus October 2020 $795,000 95.8% 1.1
Semi-detached 9 −1 −10.0% down 1, 10.0% versus October 2020 $597,080 −$61,830 −9.4% down $61,830, 9.4% versus October 2020 $575,000 100.0% 0.4
Att/row/townhouse 29 −2 −6.5% down 2, 6.5% versus October 2020 $688,855 −$73,790 −9.7% down $73,790, 9.7% versus October 2020 $610,000 126.1% 0.4
Condo townhouse 1 −3 −75.0% down 3, 75.0% versus October 2020 $618,900 +$117,725 +23.5% up $117,725, 23.5% versus October 2020 $618,900 50.0% 1.0
Condo apartment 9 −15 −62.5% down 15, 62.5% versus October 2020 $471,111 +$1,041 +0.2% up $1,041, 0.2% versus October 2020 $500,000 100.0% 1.8
Link 8 +1 +14.3% up 1, 14.3% versus October 2020 $648,688 +$2,688 +0.4% up $2,688, 0.4% versus October 2020 $641,750 88.9% 0.6
Co-op apartment 0 no change no change versus October 2020 $0 no change no change versus October 2020
Detached condo 1 −7 −87.5% down 7, 87.5% versus October 2020 $679,900 +$15,162 +2.3% up $15,162, 2.3% versus October 2020 $679,900 20.0% 9.0
Co-ownership apartment 0 no change no change versus October 2020 $0 no change no change versus October 2020

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 304.6 $667,300 +22.7% up 22.7%
Single-family detached 277.5 $625,500 +16.2% up 16.2%
Single-family attached 316.9 $587,300 +28.6% up 28.6%
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

  1. Essa +10.0% up 10.0%
  2. New Tecumseth +8.2% up 8.2%
  3. Bradford West Gwillimbury +7.0% up 7.0%
  4. Innisfil +4.8% up 4.8%
  5. Adjala-Tosorontio −13.6% down 13.6%

Bottom 5

  1. Adjala-Tosorontio −13.6% down 13.6%
  2. Innisfil +4.8% up 4.8%
  3. Bradford West Gwillimbury +7.0% up 7.0%
  4. New Tecumseth +8.2% up 8.2%
  5. Essa +10.0% up 10.0%

Sales, month-over-month

Top 5

  1. Essa +8.5% up 8.5%
  2. Adjala-Tosorontio −14.3% down 14.3%
  3. Bradford West Gwillimbury −17.3% down 17.3%
  4. Innisfil −17.4% down 17.4%
  5. New Tecumseth −39.8% down 39.8%

Bottom 5

  1. New Tecumseth −39.8% down 39.8%
  2. Innisfil −17.4% down 17.4%
  3. Bradford West Gwillimbury −17.3% down 17.3%
  4. Adjala-Tosorontio −14.3% down 14.3%
  5. Essa +8.5% up 8.5%

Simcoe County

Bradford West Gwillimbury

Bradford West Gwillimbury, Simcoe County

$931,428

+$61,079 +7.0% up $61,079, 7.0% versus October 2020

Sales
67
SP/LP
100%
DOM
21
SNLR
111.7%

Full history →

Adjala-Tosorontio

Adjala-Tosorontio, Simcoe County

$898,333

−$141,660 −13.6% down $141,660, 13.6% versus October 2020

Sales
12
SP/LP
99%
DOM
14
SNLR
100.0%

Full history →

New Tecumseth

New Tecumseth, Simcoe County

$797,509

+$60,150 +8.2% up $60,150, 8.2% versus October 2020

Sales
62
SP/LP
100%
DOM
20
SNLR
93.9%

Full history →

Innisfil

Innisfil, Simcoe County

$760,308

+$34,853 +4.8% up $34,853, 4.8% versus October 2020

Sales
95
SP/LP
99%
DOM
23
SNLR
84.8%

Full history →

Essa

Essa, Simcoe County

$688,876

+$62,800 +10.0% up $62,800, 10.0% versus October 2020

Sales
51
SP/LP
101%
DOM
16
SNLR
108.5%

Full history →

All Simcoe County areas

0 areas

Area Sales MoM $ volume Average MoM Median New Active SP/LP LDOM PDOM SNLR MOI