Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$928,718
MoM +$1,348 +0.1% up $1,348, 0.1% versus July 2022 YoY −4.9% down 4.9% versus August 2021
Source: TRREB MarketWatch, August 2022
5 areas
Simcoe County
August 2022
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$835,000
MoM −$15,000 −1.8% down $15,000, 1.8% versus July 2022 YoY −7.2% down 7.2% versus August 2021
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$933,100
MoM −$17,600 −1.9% down $17,600, 1.9% versus July 2022 YoY +9.3% up 9.3% versus August 2021
Sales — Firm transactions reported through the MLS® System during the month.
175
MoM +37 +26.8% up 37, 26.8% versus July 2022 YoY −29.4% down 29.4% versus August 2021
Dollar volume — Total value of all sales in the month.
$162.5M
MoM +$34,548,706 +27.0% up $34,548,706, 27.0% versus July 2022 YoY −32.9% down 32.9% versus August 2021
New listings — Properties newly listed during the month.
467
MoM −19 −3.9% down 19, 3.9% versus July 2022 YoY +71.1% up 71.1% versus August 2021
Active listings — Listings available at month end.
664
MoM −38 −5.4% down 38, 5.4% versus July 2022 YoY +200.5% up 200.5% versus August 2021
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
25
MoM +2 days +8.7% up 2 days, 8.7% versus July 2022 YoY +38.9% up 38.9% versus August 2021
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
40
MoM +3 days +8.1% up 3 days, 8.1% versus July 2022 YoY +73.9% up 73.9% versus August 2021
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
96%
MoM no change no change versus July 2022 YoY −5.0% down 5.0% versus August 2021
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
37.5%
MoM +9.1 pp +32.0% up 9.1 pp, 32.0% versus July 2022 YoY −58.7% down 58.7% versus August 2021
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.
3.8
MoM −1 −25.4% down 1, 25.4% versus July 2022 YoY +325.8% up 325.8% versus August 2021
Trend
13 months to August 2022
Average price
| Month | Average price |
|---|---|
| Aug '21 | 977068 |
| Sep '21 | 977643 |
| Oct '21 | 994122 |
| Nov '21 | 1107332 |
| Dec '21 | 1165492 |
| Jan '22 | 1237354 |
| Feb '22 | 1232479 |
| Mar '22 | 1183775 |
| Apr '22 | 1046351 |
| May '22 | 1085200 |
| Jun '22 | 1012906 |
| Jul '22 | 927370 |
| Aug '22 | 928718 |
Sales
| Month | Sales |
|---|---|
| Aug '21 | 248 |
| Sep '21 | 237 |
| Oct '21 | 286 |
| Nov '21 | 269 |
| Dec '21 | 159 |
| Jan '22 | 158 |
| Feb '22 | 256 |
| Mar '22 | 347 |
| Apr '22 | 242 |
| May '22 | 230 |
| Jun '22 | 196 |
| Jul '22 | 138 |
| Aug '22 | 175 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 175 | +37 +26.8% up 37, 26.8% versus July 2022 | $928,718 | +$1,348 +0.1% up $1,348, 0.1% versus July 2022 | $835,000 | 37.5% | 3.8 |
| Detached | 145 | +46 +46.5% up 46, 46.5% versus July 2022 | $968,914 | −$844 −0.1% down $844, 0.1% versus July 2022 | $875,000 | 39.1% | 3.6 |
| Semi-detached | 5 | +1 +25.0% up 1, 25.0% versus July 2022 | $715,600 | −$111,900 −13.5% down $111,900, 13.5% versus July 2022 | $748,000 | 41.7% | 3.6 |
| Att/row/townhouse | 11 | −18 −62.1% down 18, 62.1% versus July 2022 | $736,082 | −$113,866 −13.4% down $113,866, 13.4% versus July 2022 | $700,000 | 24.4% | 5.5 |
| Condo townhouse | 1 | n/a not available, prior month not on file versus July 2022 | $680,000 | n/a not available, prior month not on file versus July 2022 | $680,000 | 14.3% | 12.0 |
| Condo apartment | 5 | +3 +150.0% up 3, 150.0% versus July 2022 | $634,250 | +$181,750 +40.2% up $181,750, 40.2% versus July 2022 | $610,000 | 38.5% | 7.2 |
| Link | 5 | +2 +66.7% up 2, 66.7% versus July 2022 | $736,400 | −$36,100 −4.7% down $36,100, 4.7% versus July 2022 | $732,500 | 62.5% | 1.4 |
| Detached condo | 3 | +2 +200.0% up 2, 200.0% versus July 2022 | $941,667 | +$151,667 +19.2% up $151,667, 19.2% versus July 2022 | $950,000 | 27.3% | 5.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 344.4 | $933,100 | +9.3% up 9.3% |
| Single-family detached | 347.7 | $983,700 | +9.0% up 9.0% |
| Single-family attached | 363.3 | $793,900 | +10.9% up 10.9% |
| Townhouse | 447.4 | $667,500 | +12.1% up 12.1% |
| Apartment | 402.4 | $650,600 | +20.7% up 20.7% |
Movers within Simcoe County
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Adjala-Tosorontio +28.2% up 28.2%
- Bradford West Gwillimbury +4.9% up 4.9%
- Essa +3.7% up 3.7%
- New Tecumseth +0.4% up 0.4%
- Innisfil −9.0% down 9.0%
Bottom 5
- Innisfil −9.0% down 9.0%
- New Tecumseth +0.4% up 0.4%
- Essa +3.7% up 3.7%
- Bradford West Gwillimbury +4.9% up 4.9%
- Adjala-Tosorontio +28.2% up 28.2%
Sales, month-over-month
Top 5
- Adjala-Tosorontio +150.0% up 150.0%
- Essa +45.0% up 45.0%
- Innisfil +26.2% up 26.2%
- New Tecumseth +22.5% up 22.5%
- Bradford West Gwillimbury +6.3% up 6.3%
Bottom 5
- Bradford West Gwillimbury +6.3% up 6.3%
- New Tecumseth +22.5% up 22.5%
- Innisfil +26.2% up 26.2%
- Essa +45.0% up 45.0%
- Adjala-Tosorontio +150.0% up 150.0%
Simcoe County
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$1,293,090
+$284,340 +28.2% up $284,340, 28.2% versus July 2022
- Sales
- 10
- SP/LP
- 95%
- DOM
- 44
- SNLR
- 38.5%
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$1,089,509
+$50,728 +4.9% up $50,728, 4.9% versus July 2022
- Sales
- 34
- SP/LP
- 95%
- DOM
- 24
- SNLR
- 37.0%
Innisfil
Innisfil, Simcoe County
$883,169
−$87,117 −9.0% down $87,117, 9.0% versus July 2022
- Sales
- 53
- SP/LP
- 96%
- DOM
- 24
- SNLR
- 33.8%
New Tecumseth
New Tecumseth, Simcoe County
$858,605
+$3,405 +0.4% up $3,405, 0.4% versus July 2022
- Sales
- 49
- SP/LP
- 96%
- DOM
- 23
- SNLR
- 38.9%
Essa
Essa, Simcoe County
$816,272
+$29,222 +3.7% up $29,222, 3.7% versus July 2022
- Sales
- 29
- SP/LP
- 97%
- DOM
- 22
- SNLR
- 43.9%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|