Source: TRREB MarketWatch, October 2022

5 areas

Simcoe County

October 2022

Headline indicators

All home types

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

$889,610

MoM −$79,673 −8.2% YoY −10.5%

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

$835,000

MoM −$31,250 −3.6% YoY −9.2%

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

$868,500

MoM −$11,800 −1.3% YoY −5.4%

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

177

MoM +9 +5.4% YoY −38.1%

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

$157.5M

MoM −$5,378,582 −3.3% YoY −44.6%

New listings — Properties newly listed during the month.

386

MoM −62 −13.8% YoY +24.5%

Active listings — Listings available at month end.

588

MoM −82 −12.2% YoY +209.5%

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

MoM −1 day −3.2% YoY +100.0%

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

MoM −4 days −8.2% YoY +125.0%

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

96%

MoM no change YoY −7.7%

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

45.9%

MoM +8.4 pp +22.3% YoY −50.3%

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.

3.3

MoM −1 −16.7% YoY +400.1%

Trend

13 months to October 2022

Average price

Simcoe County average selling price over the 13 months ending October 2022.
Month	Average price
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
Sep '22	969283
Oct '22	889610

Sales

Simcoe County sales over the 13 months ending October 2022.
Month	Sales
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
Sep '22	168
Oct '22	177

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	177	+9 +5.4% up 9, 5.4% versus September 2022	$889,610	−$79,673 −8.2% down $79,673, 8.2% versus September 2022	$835,000	45.9%	3.3
Detached	137	+9 +7.0% up 9, 7.0% versus September 2022	$927,780	−$87,499 −8.6% down $87,499, 8.6% versus September 2022	$879,900	45.1%	3.4
Semi-detached	9	+1 +12.5% up 1, 12.5% versus September 2022	$850,444	−$21,531 −2.5% down $21,531, 2.5% versus September 2022	$870,000	75.0%	1.8
Att/row/townhouse	18	−2 −10.0% down 2, 10.0% versus September 2022	$760,917	−$87,333 −10.3% down $87,333, 10.3% versus September 2022	$751,250	52.9%	2.5
Condo townhouse	2	−2 −50.0% down 2, 50.0% versus September 2022	$575,000	−$89,750 −13.5% down $89,750, 13.5% versus September 2022	$575,000	33.3%	2.5
Condo apartment	5	+3 +150.0% up 3, 150.0% versus September 2022	$658,100	+$100,600 +18.0% up $100,600, 18.0% versus September 2022	$618,000	21.7%	7.0
Link	3	+1 +50.0% up 1, 50.0% versus September 2022	$743,000	−$69,000 −8.5% down $69,000, 8.5% versus September 2022	$694,000	100.0%	0.7
Detached condo	3	−1 −25.0% down 1, 25.0% versus September 2022	$778,333	−$107,917 −12.2% down $107,917, 12.2% versus September 2022	$720,000	100.0%	4.7

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	320.6	$868,500	−5.4% down 5.4%
Single-family detached	322.9	$913,600	−6.2% down 6.2%
Single-family attached	338	$738,600	−2.3% down 2.3%
Townhouse	432	$644,500	+3.8% up 3.8%
Apartment	401.1	$648,600	+13.2% up 13.2%

Movers within Simcoe County

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Bradford West Gwillimbury −1.4% down 1.4%
Essa −4.6% down 4.6%
New Tecumseth −6.4% down 6.4%
Innisfil −8.5% down 8.5%
Adjala-Tosorontio −30.0% down 30.0%

Bottom 5

Adjala-Tosorontio −30.0% down 30.0%
Innisfil −8.5% down 8.5%
New Tecumseth −6.4% down 6.4%
Essa −4.6% down 4.6%
Bradford West Gwillimbury −1.4% down 1.4%

Sales, month-over-month

Top 5

New Tecumseth +11.1% up 11.1%
Essa +8.7% up 8.7%
Innisfil +3.9% up 3.9%
Bradford West Gwillimbury +2.6% up 2.6%
Adjala-Tosorontio −9.1% down 9.1%

Bottom 5

Adjala-Tosorontio −9.1% down 9.1%
Bradford West Gwillimbury +2.6% up 2.6%
Innisfil +3.9% up 3.9%
Essa +8.7% up 8.7%
New Tecumseth +11.1% up 11.1%

Simcoe County

Bradford West Gwillimbury

Bradford West Gwillimbury, Simcoe County

$1,042,792

−$15,019 −1.4% down $15,019, 1.4% versus September 2022

Sales: 39
SP/LP: 96%
DOM: 22
SNLR: 50.6%

Full history →

Adjala-Tosorontio

Adjala-Tosorontio, Simcoe County

$1,014,600

−$434,491 −30.0% down $434,491, 30.0% versus September 2022

Sales: 10
SP/LP: 96%
DOM: 35
SNLR: 31.3%

Full history →

Innisfil

Innisfil, Simcoe County

$858,208

−$79,605 −8.5% down $79,605, 8.5% versus September 2022

Sales: 53
SP/LP: 95%
DOM: 33
SNLR: 37.3%

Full history →

New Tecumseth

New Tecumseth, Simcoe County

$841,022

−$57,551 −6.4% down $57,551, 6.4% versus September 2022

Sales: 50
SP/LP: 96%
DOM: 35
SNLR: 56.8%

Full history →

Essa

Essa, Simcoe County

$764,396

−$37,274 −4.6% down $37,274, 4.6% versus September 2022

Sales: 25
SP/LP: 97%
DOM: 28
SNLR: 53.2%

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