Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$905,853
MoM +$40,612 +4.7% up $40,612, 4.7% versus January 2021 YoY +37.7% up 37.7% versus February 2020
Source: TRREB MarketWatch, February 2021
5 areas
Simcoe County
February 2021
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$850,000
MoM +$35,000 +4.3% up $35,000, 4.3% versus January 2021 YoY +37.1% up 37.1% versus February 2020
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$762,000
MoM +$52,000 +7.3% up $52,000, 7.3% versus January 2021 YoY +35.3% up 35.3% versus February 2020
Sales — Firm transactions reported through the MLS® System during the month.
364
MoM +163 +81.1% up 163, 81.1% versus January 2021 YoY +40.5% up 40.5% versus February 2020
Dollar volume — Total value of all sales in the month.
$329.7M
MoM +$155,816,939 +89.6% up $155,816,939, 89.6% versus January 2021 YoY +93.5% up 93.5% versus February 2020
New listings — Properties newly listed during the month.
563
MoM +290 +106.2% up 290, 106.2% versus January 2021 YoY +36.0% up 36.0% versus February 2020
Active listings — Listings available at month end.
286
MoM +113 +65.3% up 113, 65.3% versus January 2021 YoY −45.7% down 45.7% versus February 2020
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
8
MoM −15 days −65.2% down 15 days, 65.2% versus January 2021 YoY −75.8% down 75.8% versus February 2020
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
10
MoM −17 days −63.0% down 17 days, 63.0% versus January 2021 YoY −75.6% down 75.6% versus February 2020
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
107%
MoM +4.0 pp +3.9% up 4.0 pp, 3.9% versus January 2021 YoY +9.2% up 9.2% versus February 2020
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
64.7%
MoM −9.0 pp −12.2% down 9.0 pp, 12.2% versus January 2021 YoY +3.3% up 3.3% versus February 2020
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.
0.8
MoM −0 −8.7% down 0, 8.7% versus January 2021 YoY −61.4% down 61.4% versus February 2020
Trend
13 months to February 2021
Average price
| Month | Average price |
|---|---|
| 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 |
| Jan '21 | 865241 |
| Feb '21 | 905853 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Jan '21 | 201 |
| Feb '21 | 364 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 364 | +163 +81.1% up 163, 81.1% versus January 2021 | $905,853 | +$40,612 +4.7% up $40,612, 4.7% versus January 2021 | $850,000 | 64.7% | 0.8 |
| Detached | 279 | +116 +71.2% up 116, 71.2% versus January 2021 | $965,439 | +$59,545 +6.6% up $59,545, 6.6% versus January 2021 | $900,000 | 61.7% | 0.8 |
| Semi-detached | 21 | +14 +200.0% up 14, 200.0% versus January 2021 | $836,428 | +$99,214 +13.5% up $99,214, 13.5% versus January 2021 | $870,000 | 80.8% | 0.3 |
| Att/row/townhouse | 36 | +22 +157.1% up 22, 157.1% versus January 2021 | $714,936 | −$82,457 −10.3% down $82,457, 10.3% versus January 2021 | $713,500 | 62.1% | 0.7 |
| Condo townhouse | 6 | +6 up 6 versus January 2021 | $681,817 | +$681,817 up $681,817 versus January 2021 | $559,950 | 85.7% | 0.3 |
| Condo apartment | 13 | +2 +18.2% up 2, 18.2% versus January 2021 | $497,608 | −$42,103 −7.8% down $42,103, 7.8% versus January 2021 | $500,000 | 144.4% | 0.8 |
| Link | 5 | +4 +400.0% up 4, 400.0% versus January 2021 | $743,287 | −$21,713 −2.8% down $21,713, 2.8% versus January 2021 | $750,500 | 62.5% | 0.4 |
| Co-op apartment | 0 | no change no change versus January 2021 | $0 | no change no change versus January 2021 | — | — | — |
| Detached condo | 4 | −1 −20.0% down 1, 20.0% versus January 2021 | $698,493 | +$53,093 +8.2% up $53,093, 8.2% versus January 2021 | $718,235 | 133.3% | 0.8 |
| Co-ownership apartment | 0 | no change no change versus January 2021 | $0 | no change no change versus January 2021 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 347.8 | $762,000 | +35.3% up 35.3% |
| Single-family detached | 323.9 | $730,100 | +30.7% up 30.7% |
| Single-family attached | 341.2 | $632,300 | +26.9% up 26.9% |
| 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 +16.6% up 16.6%
- Innisfil +10.1% up 10.1%
- Bradford West Gwillimbury −0.9% down 0.9%
- Essa −1.7% down 1.7%
- New Tecumseth −3.1% down 3.1%
Bottom 5
- New Tecumseth −3.1% down 3.1%
- Essa −1.7% down 1.7%
- Bradford West Gwillimbury −0.9% down 0.9%
- Innisfil +10.1% up 10.1%
- Adjala-Tosorontio +16.6% up 16.6%
Sales, month-over-month
Top 5
- Bradford West Gwillimbury +178.9% up 178.9%
- New Tecumseth +100.0% up 100.0%
- Adjala-Tosorontio +70.0% up 70.0%
- Innisfil +42.3% up 42.3%
- Essa +37.5% up 37.5%
Bottom 5
- Essa +37.5% up 37.5%
- Innisfil +42.3% up 42.3%
- Adjala-Tosorontio +70.0% up 70.0%
- New Tecumseth +100.0% up 100.0%
- Bradford West Gwillimbury +178.9% up 178.9%
Simcoe County
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$1,184,664
+$168,654 +16.6% up $168,654, 16.6% versus January 2021
- Sales
- 17
- SP/LP
- 108%
- DOM
- 14
- SNLR
- 63.0%
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$983,028
−$8,531 −0.9% down $8,531, 0.9% versus January 2021
- Sales
- 106
- SP/LP
- 109%
- DOM
- 7
- SNLR
- 62.7%
Innisfil
Innisfil, Simcoe County
$904,907
+$83,309 +10.1% up $83,309, 10.1% versus January 2021
- Sales
- 111
- SP/LP
- 106%
- DOM
- 8
- SNLR
- 63.4%
New Tecumseth
New Tecumseth, Simcoe County
$813,176
−$25,946 −3.1% down $25,946, 3.1% versus January 2021
- Sales
- 86
- SP/LP
- 107%
- DOM
- 10
- SNLR
- 61.9%
Essa
Essa, Simcoe County
$795,734
−$13,870 −1.7% down $13,870, 1.7% versus January 2021
- Sales
- 44
- SP/LP
- 106%
- DOM
- 8
- SNLR
- 83.0%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|