Source: TRREB MarketWatch, April 2021

5 areas

Simcoe County

April 2021

Headline indicators

All home types

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

$894,203

MoM −$30,382 −3.3% down $30,382, 3.3% versus March 2021 YoY +40.9% up 40.9% versus April 2020

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

$840,000

MoM −$10,000 −1.2% down $10,000, 1.2% versus March 2021 YoY +37.4% up 37.4% versus April 2020

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

$784,100

MoM +$1,800 +0.2% up $1,800, 0.2% versus March 2021 YoY +34.5% up 34.5% versus April 2020

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

525

MoM −63 −10.7% down 63, 10.7% versus March 2021 YoY +344.9% up 344.9% versus April 2020

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

$469.5M

MoM −$74,199,103 −13.6% down $74,199,103, 13.6% versus March 2021 YoY +526.8% up 526.8% versus April 2020

New listings — Properties newly listed during the month.

701

MoM −137 −16.3% down 137, 16.3% versus March 2021 YoY +192.1% up 192.1% versus April 2020

Active listings — Listings available at month end.

360

MoM −24 −6.3% down 24, 6.3% versus March 2021 YoY −38.7% down 38.7% versus April 2020

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

11

MoM no change no change versus March 2021 YoY −66.7% down 66.7% versus April 2020

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

14

MoM +1 day +7.7% up 1 day, 7.7% versus March 2021 YoY −67.4% down 67.4% versus April 2020

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

104%

MoM −1.0 pp −1.0% down 1.0 pp, 1.0% versus March 2021 YoY +7.2% up 7.2% versus April 2020

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

74.9%

MoM +4.7 pp +6.7% up 4.7 pp, 6.7% versus March 2021 YoY +52.3% up 52.3% versus April 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.

0.7

MoM +0 +5.0% up 0, 5.0% versus March 2021 YoY −86.2% down 86.2% versus April 2020

Trend

13 months to April 2021

Average price

Simcoe County average selling price over the 13 months ending April 2021.
Month Average price
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
Mar '21 924585
Apr '21 894203

Sales

Simcoe County sales over the 13 months ending April 2021.
Month Sales
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
Mar '21 588
Apr '21 525

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 525 −63 −10.7% down 63, 10.7% versus March 2021 $894,203 −$30,382 −3.3% down $30,382, 3.3% versus March 2021 $840,000 74.9% 0.7
Detached 400 −62 −13.4% down 62, 13.4% versus March 2021 $951,654 −$27,015 −2.8% down $27,015, 2.8% versus March 2021 $890,000 69.9% 0.8
Semi-detached 20 −6 −23.1% down 6, 23.1% versus March 2021 $765,750 −$91,019 −10.6% down $91,019, 10.6% versus March 2021 $772,500 95.2% 0.3
Att/row/townhouse 71 +9 +14.5% up 9, 14.5% versus March 2021 $725,325 −$5,706 −0.8% down $5,706, 0.8% versus March 2021 $710,000 106.0% 0.3
Condo townhouse 6 no change no change versus March 2021 $585,667 +$9,019 +1.6% up $9,019, 1.6% versus March 2021 $551,500 120.0% 0.2
Condo apartment 16 −1 −5.9% down 1, 5.9% versus March 2021 $559,644 −$8,580 −1.5% down $8,580, 1.5% versus March 2021 $510,000 94.1% 0.8
Link 8 −1 −11.1% down 1, 11.1% versus March 2021 $785,000 +$57,064 +7.8% up $57,064, 7.8% versus March 2021 $801,500 61.5% 0.8
Co-op apartment 0 no change no change versus March 2021 $0 no change no change versus March 2021
Detached condo 4 −2 −33.3% down 2, 33.3% versus March 2021 $808,500 +$101,833 +14.4% up $101,833, 14.4% versus March 2021 $791,500 66.7% 0.5
Co-ownership apartment 0 no change no change versus March 2021 $0 no change no change versus March 2021

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 357.9 $784,100 +34.5% up 34.5%
Single-family detached 323.1 $728,300 +28.4% up 28.4%
Single-family attached 369.7 $685,200 +33.5% up 33.5%
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. Bradford West Gwillimbury +1.5% up 1.5%
  2. New Tecumseth −3.9% down 3.9%
  3. Essa −4.5% down 4.5%
  4. Adjala-Tosorontio −5.3% down 5.3%
  5. Innisfil −7.0% down 7.0%

Bottom 5

  1. Innisfil −7.0% down 7.0%
  2. Adjala-Tosorontio −5.3% down 5.3%
  3. Essa −4.5% down 4.5%
  4. New Tecumseth −3.9% down 3.9%
  5. Bradford West Gwillimbury +1.5% up 1.5%

Sales, month-over-month

Top 5

  1. Essa +1.4% up 1.4%
  2. Adjala-Tosorontio no change no change
  3. Innisfil −0.6% down 0.6%
  4. Bradford West Gwillimbury −10.0% down 10.0%
  5. New Tecumseth −29.3% down 29.3%

Bottom 5

  1. New Tecumseth −29.3% down 29.3%
  2. Bradford West Gwillimbury −10.0% down 10.0%
  3. Innisfil −0.6% down 0.6%
  4. Adjala-Tosorontio no change no change
  5. Essa +1.4% up 1.4%

Simcoe County

Adjala-Tosorontio

Adjala-Tosorontio, Simcoe County

$1,067,682

−$59,827 −5.3% down $59,827, 5.3% versus March 2021

Sales
34
SP/LP
101%
DOM
10
SNLR
65.4%

Full history →

Bradford West Gwillimbury

Bradford West Gwillimbury, Simcoe County

$1,044,730

+$15,559 +1.5% up $15,559, 1.5% versus March 2021

Sales
126
SP/LP
104%
DOM
10
SNLR
70.8%

Full history →

Innisfil

Innisfil, Simcoe County

$854,351

−$64,319 −7.0% down $64,319, 7.0% versus March 2021

Sales
173
SP/LP
104%
DOM
13
SNLR
79.0%

Full history →

New Tecumseth

New Tecumseth, Simcoe County

$822,335

−$33,013 −3.9% down $33,013, 3.9% versus March 2021

Sales
118
SP/LP
103%
DOM
11
SNLR
68.2%

Full history →

Essa

Essa, Simcoe County

$765,964

−$36,023 −4.5% down $36,023, 4.5% versus March 2021

Sales
74
SP/LP
106%
DOM
7
SNLR
93.7%

Full history →

All Simcoe County areas

0 areas

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