Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,107,332
MoM +$113,210 +11.4% up $113,210, 11.4% versus October 2021 YoY +38.2% up 38.2% versus November 2020
Source: TRREB MarketWatch, November 2021
5 areas
Simcoe County
November 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.
$960,100
MoM +$40,100 +4.4% up $40,100, 4.4% versus October 2021 YoY +28.4% up 28.4% versus November 2020
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$839,300
MoM +$23,100 +2.8% up $23,100, 2.8% versus October 2021 YoY +34.8% up 34.8% versus November 2020
Sales — Firm transactions reported through the MLS® System during the month.
269
MoM −17 −5.9% down 17, 5.9% versus October 2021 YoY −6.3% down 6.3% versus November 2020
Dollar volume — Total value of all sales in the month.
$297.9M
MoM +$13,553,576 +4.8% up $13,553,576, 4.8% versus October 2021 YoY +29.5% up 29.5% versus November 2020
New listings — Properties newly listed during the month.
278
MoM −32 −10.3% down 32, 10.3% versus October 2021 YoY −6.4% down 6.4% versus November 2020
Active listings — Listings available at month end.
148
MoM −42 −22.1% down 42, 22.1% versus October 2021 YoY −50.2% down 50.2% versus November 2020
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
16
MoM +1 day +6.7% up 1 day, 6.7% versus October 2021 YoY −20.0% down 20.0% versus November 2020
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
20
MoM no change no change versus October 2021 YoY −20.0% down 20.0% versus November 2020
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
106%
MoM +2.0 pp +1.9% up 2.0 pp, 1.9% versus October 2021 YoY +6.0% up 6.0% versus November 2020
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
96.8%
MoM +4.5 pp +4.9% up 4.5 pp, 4.9% versus October 2021 YoY +0.1% up 0.1% versus November 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.
0.6
MoM −0 −17.2% down 0, 17.2% versus October 2021 YoY −46.8% down 46.8% versus November 2020
Trend
13 months to November 2021
Average price
| Month | Average price |
|---|---|
| Nov '20 | 801370 |
| Dec '20 | 834415 |
| Jan '21 | 865241 |
| Feb '21 | 905853 |
| Mar '21 | 924585 |
| Apr '21 | 894203 |
| May '21 | 937854 |
| Jun '21 | 986214 |
| Jul '21 | 952575 |
| Aug '21 | 977068 |
| Sep '21 | 977643 |
| Oct '21 | 994122 |
| Nov '21 | 1107332 |
Sales
| Month | Sales |
|---|---|
| Nov '20 | 287 |
| Dec '20 | 237 |
| Jan '21 | 201 |
| Feb '21 | 364 |
| Mar '21 | 588 |
| Apr '21 | 525 |
| May '21 | 421 |
| Jun '21 | 364 |
| Jul '21 | 292 |
| Aug '21 | 248 |
| Sep '21 | 237 |
| Oct '21 | 286 |
| Nov '21 | 269 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 269 | −17 −5.9% down 17, 5.9% versus October 2021 | $1,107,332 | +$113,210 +11.4% up $113,210, 11.4% versus October 2021 | $960,100 | 96.8% | 0.6 |
| Detached | 210 | −13 −5.8% down 13, 5.8% versus October 2021 | $1,181,153 | +$132,723 +12.7% up $132,723, 12.7% versus October 2021 | $1,071,500 | 95.9% | 0.6 |
| Semi-detached | 15 | +4 +36.4% up 4, 36.4% versus October 2021 | $876,266 | +$102,704 +13.3% up $102,704, 13.3% versus October 2021 | $925,000 | 93.8% | 0.2 |
| Att/row/townhouse | 30 | no change no change versus October 2021 | $874,380 | +$2,580 +0.3% up $2,580, 0.3% versus October 2021 | $860,100 | 115.4% | 0.1 |
| Condo townhouse | 2 | +1 +100.0% up 1, 100.0% versus October 2021 | $696,450 | +$136,450 +24.4% up $136,450, 24.4% versus October 2021 | $696,450 | 200.0% | 0.0 |
| Condo apartment | 5 | −4 −44.4% down 4, 44.4% versus October 2021 | $672,200 | +$18,611 +2.8% up $18,611, 2.8% versus October 2021 | $590,000 | 62.5% | 2.0 |
| Link | 4 | −3 −42.9% down 3, 42.9% versus October 2021 | $813,750 | +$41,337 +5.4% up $41,337, 5.4% versus October 2021 | $833,500 | 66.7% | 0.0 |
| Co-op apartment | 0 | no change no change versus October 2021 | $0 | no change no change versus October 2021 | — | — | — |
| Detached condo | 3 | −2 −40.0% down 2, 40.0% versus October 2021 | $815,333 | +$14,033 +1.8% up $14,033, 1.8% versus October 2021 | $757,000 | 150.0% | 0.3 |
| Co-ownership apartment | 0 | no change no change versus October 2021 | $0 | no change no change versus October 2021 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 384.2 | $839,300 | +34.8% up 34.8% |
| Single-family detached | 375.9 | $862,400 | +38.3% up 38.3% |
| Single-family attached | 423.3 | $790,600 | +35.1% up 35.1% |
| Townhouse | 347.4 | $548,500 | +34.1% up 34.1% |
| Apartment | 350.1 | $553,700 | +27.7% up 27.7% |
Movers within Simcoe County
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Adjala-Tosorontio +23.3% up 23.3%
- Innisfil +21.8% up 21.8%
- New Tecumseth +11.0% up 11.0%
- Bradford West Gwillimbury +0.8% up 0.8%
- Essa −1.0% down 1.0%
Bottom 5
- Essa −1.0% down 1.0%
- Bradford West Gwillimbury +0.8% up 0.8%
- New Tecumseth +11.0% up 11.0%
- Innisfil +21.8% up 21.8%
- Adjala-Tosorontio +23.3% up 23.3%
Sales, month-over-month
Top 5
- Adjala-Tosorontio +46.2% up 46.2%
- Bradford West Gwillimbury +6.9% up 6.9%
- New Tecumseth no change no change
- Innisfil −14.3% down 14.3%
- Essa −26.5% down 26.5%
Bottom 5
- Essa −26.5% down 26.5%
- Innisfil −14.3% down 14.3%
- New Tecumseth no change no change
- Bradford West Gwillimbury +6.9% up 6.9%
- Adjala-Tosorontio +46.2% up 46.2%
Simcoe County
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$1,154,647
+$218,032 +23.3% up $218,032, 23.3% versus October 2021
- Sales
- 19
- SP/LP
- 102%
- DOM
- 14
- SNLR
- 100.0%
Innisfil
Innisfil, Simcoe County
$1,151,786
+$206,134 +21.8% up $206,134, 21.8% versus October 2021
- Sales
- 84
- SP/LP
- 104%
- DOM
- 21
- SNLR
- 88.4%
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$1,150,499
+$9,536 +0.8% up $9,536, 0.8% versus October 2021
- Sales
- 62
- SP/LP
- 112%
- DOM
- 10
- SNLR
- 91.2%
New Tecumseth
New Tecumseth, Simcoe County
$1,084,853
+$107,556 +11.0% up $107,556, 11.0% versus October 2021
- Sales
- 68
- SP/LP
- 104%
- DOM
- 16
- SNLR
- 100.0%
Essa
Essa, Simcoe County
$946,753
−$9,102 −1.0% down $9,102, 1.0% versus October 2021
- Sales
- 36
- SP/LP
- 104%
- DOM
- 14
- SNLR
- 128.6%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|