Source: TRREB MarketWatch, December 2020

5 areas

Simcoe County

December 2020

Headline indicators

All home types

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

$834,415

MoM +$33,045 +4.1% YoY +27.4%

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

$780,000

MoM +$32,500 +4.3% YoY +22.1%

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

$690,300

MoM +$23,000 +3.4% YoY +24.4%

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

237

MoM −50 −17.4% YoY +58.0%

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

$197.8M

MoM −$32,236,848 −14.0% YoY +101.4%

New listings — Properties newly listed during the month.

173

MoM −124 −41.8% YoY +44.2%

Active listings — Listings available at month end.

159

MoM −138 −46.5% YoY −65.9%

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

MoM +5 days +25.0% YoY n/a

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

MoM +5 days +20.0% YoY n/a

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

100%

MoM no change YoY +3.1%

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

137.0%

MoM +40.4 pp +41.8% YoY +9.6%

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.

0.7

MoM −0 −35.2% YoY −78.4%

Trend

13 months to December 2020

Average price

Simcoe County average selling price over the 13 months ending December 2020.
Month	Average price
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
Dec '20	834415

Sales

Simcoe County sales over the 13 months ending December 2020.
Month	Sales
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
Dec '20	237

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	237	−50 −17.4% down 50, 17.4% versus November 2020	$834,415	+$33,045 +4.1% up $33,045, 4.1% versus November 2020	$780,000	137.0%	0.7
Detached	199	−31 −13.5% down 31, 13.5% versus November 2020	$860,184	+$17,078 +2.0% up $17,078, 2.0% versus November 2020	$810,000	138.2%	0.7
Semi-detached	6	−3 −33.3% down 3, 33.3% versus November 2020	$721,250	+$124,170 +20.8% up $124,170, 20.8% versus November 2020	$687,500	600.0%	0.0
Att/row/townhouse	18	−11 −37.9% down 11, 37.9% versus November 2020	$766,644	+$77,789 +11.3% up $77,789, 11.3% versus November 2020	$653,500	128.6%	0.4
Condo townhouse	2	+1 +100.0% up 1, 100.0% versus November 2020	$462,500	−$156,400 −25.3% down $156,400, 25.3% versus November 2020	$462,500	200.0%	0.0
Condo apartment	4	−5 −55.6% down 5, 55.6% versus November 2020	$528,150	+$57,039 +12.1% up $57,039, 12.1% versus November 2020	$503,800	50.0%	3.8
Link	6	−2 −25.0% down 2, 25.0% versus November 2020	$671,667	+$22,979 +3.5% up $22,979, 3.5% versus November 2020	$662,500	150.0%	0.2
Co-op apartment	0	no change no change versus November 2020	$0	no change no change versus November 2020	—	—	—
Detached condo	2	+1 +100.0% up 1, 100.0% versus November 2020	$692,500	+$12,600 +1.9% up $12,600, 1.9% versus November 2020	$692,500	200.0%	3.0
Co-ownership apartment	0	no change no change versus November 2020	$0	no change no change versus November 2020	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	315.1	$690,300	+24.4% up 24.4%
Single-family detached	296	$667,200	+22.9% up 22.9%
Single-family attached	312.5	$579,100	+19.3% up 19.3%
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 +7.9% up 7.9%
New Tecumseth +5.3% up 5.3%
Innisfil +3.5% up 3.5%
Bradford West Gwillimbury −2.5% down 2.5%

Bottom 5

Bradford West Gwillimbury −2.5% down 2.5%
Innisfil +3.5% up 3.5%
New Tecumseth +5.3% up 5.3%
Essa +7.9% up 7.9%

Sales, month-over-month

Top 5

Bradford West Gwillimbury +1.5% up 1.5%
Innisfil −13.7% down 13.7%
Essa −27.5% down 27.5%
New Tecumseth −32.3% down 32.3%

Bottom 5

New Tecumseth −32.3% down 32.3%
Essa −27.5% down 27.5%
Innisfil −13.7% down 13.7%
Bradford West Gwillimbury +1.5% up 1.5%

Simcoe County

Adjala-Tosorontio

Adjala-Tosorontio, Simcoe County

$1,081,875

+$183,542 +20.4% up $183,542, 20.4% versus November 2020

Sales: 8
SP/LP: 98%
DOM: 21
SNLR: 100.0%

Full history →

Bradford West Gwillimbury

Bradford West Gwillimbury, Simcoe County

$908,299

−$23,129 −2.5% down $23,129, 2.5% versus November 2020

Sales: 68
SP/LP: 101%
DOM: 23
SNLR: 154.6%

Full history →

New Tecumseth

New Tecumseth, Simcoe County

$840,093

+$42,584 +5.3% up $42,584, 5.3% versus November 2020

Sales: 42
SP/LP: 98%
DOM: 31
SNLR: 155.6%

Full history →

Innisfil

Innisfil, Simcoe County

$787,237

+$26,929 +3.5% up $26,929, 3.5% versus November 2020

Sales: 82
SP/LP: 99%
DOM: 28
SNLR: 122.4%

Full history →

Essa

Essa, Simcoe County

$743,236

+$54,360 +7.9% up $54,360, 7.9% versus November 2020

Sales: 37
SP/LP: 99%
DOM: 20
SNLR: 137.0%

Full history →

All Simcoe County areas

Home type

0 areas

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