Source: TRREB MarketWatch, November 2022

5 areas

Simcoe County

November 2022

Headline indicators

All home types

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

$873,724

MoM −$15,886 −1.8% YoY −21.1%

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

$835,000

MoM no change YoY −13.0%

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

$855,600

MoM −$12,900 −1.5% YoY −9.2%

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

149

MoM −28 −15.8% YoY −44.6%

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

$130.2M

MoM −$27,276,012 −17.3% YoY −56.3%

New listings — Properties newly listed during the month.

313

MoM −73 −18.9% YoY +12.6%

Active listings — Listings available at month end.

508

MoM −80 −13.6% YoY +243.2%

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

MoM −4 days −13.3% YoY +62.5%

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

MoM −2 days −4.4% YoY +115.0%

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

96%

MoM no change YoY −9.4%

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

47.6%

MoM +1.7 pp +3.8% YoY −50.8%

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.

3.4

MoM +0 +2.6% YoY +519.7%

Trend

13 months to November 2022

Average price

Simcoe County average selling price over the 13 months ending November 2022.
Month	Average price
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
Nov '22	873724

Sales

Simcoe County sales over the 13 months ending November 2022.
Month	Sales
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
Nov '22	149

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	149	−28 −15.8% down 28, 15.8% versus October 2022	$873,724	−$15,886 −1.8% down $15,886, 1.8% versus October 2022	$835,000	47.6%	3.4
Detached	113	−24 −17.5% down 24, 17.5% versus October 2022	$915,764	−$12,016 −1.3% down $12,016, 1.3% versus October 2022	$875,000	48.7%	3.5
Semi-detached	7	−2 −22.2% down 2, 22.2% versus October 2022	$710,286	−$140,158 −16.5% down $140,158, 16.5% versus October 2022	$685,000	50.0%	2.1
Att/row/townhouse	20	+2 +11.1% up 2, 11.1% versus October 2022	$784,450	+$23,533 +3.1% up $23,533, 3.1% versus October 2022	$733,500	45.5%	2.2
Condo townhouse	1	−1 −50.0% down 1, 50.0% versus October 2022	$710,000	+$135,000 +23.5% up $135,000, 23.5% versus October 2022	$710,000	25.0%	6.0
Condo apartment	4	−1 −20.0% down 1, 20.0% versus October 2022	$597,500	−$60,600 −9.2% down $60,600, 9.2% versus October 2022	$597,500	44.4%	7.5
Link	1	−2 −66.7% down 2, 66.7% versus October 2022	$747,500	+$4,500 +0.6% up $4,500, 0.6% versus October 2022	$747,500	25.0%	5.0
Detached condo	3	no change no change versus October 2022	$731,667	−$46,666 −6.0% down $46,666, 6.0% versus October 2022	$705,000	50.0%	4.0

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	315.8	$855,600	−9.2% down 9.2%
Single-family detached	317.4	$898,000	−10.1% down 10.1%
Single-family attached	334.6	$731,200	−5.5% down 5.5%
Townhouse	437.5	$652,700	−1.1% down 1.1%
Apartment	388.2	$627,800	+5.0% up 5.0%

Movers within Simcoe County

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Innisfil +3.6% up 3.6%
New Tecumseth −0.1% down 0.1%
Essa −0.8% down 0.8%
Bradford West Gwillimbury −8.7% down 8.7%

Bottom 5

Bradford West Gwillimbury −8.7% down 8.7%
Essa −0.8% down 0.8%
New Tecumseth −0.1% down 0.1%
Innisfil +3.6% up 3.6%

Sales, month-over-month

Top 5

Bradford West Gwillimbury +5.1% up 5.1%
Essa −12.0% down 12.0%
New Tecumseth −14.0% down 14.0%
Innisfil −30.2% down 30.2%

Bottom 5

Innisfil −30.2% down 30.2%
New Tecumseth −14.0% down 14.0%
Essa −12.0% down 12.0%
Bradford West Gwillimbury +5.1% up 5.1%

Simcoe County

Bradford West Gwillimbury

Bradford West Gwillimbury, Simcoe County

$951,669

−$91,123 −8.7% down $91,123, 8.7% versus October 2022

Sales: 41
SP/LP: 98%
DOM: 22
SNLR: 69.5%

Full history →

Adjala-Tosorontio

Adjala-Tosorontio, Simcoe County

$908,000

−$106,600 −10.5% down $106,600, 10.5% versus October 2022

Sales: 6
SP/LP: 96%
DOM: 26
SNLR: 35.3%

Full history →

Innisfil

Innisfil, Simcoe County

$889,528

+$31,320 +3.6% up $31,320, 3.6% versus October 2022

Sales: 37
SP/LP: 97%
DOM: 25
SNLR: 28.9%

Full history →

New Tecumseth

New Tecumseth, Simcoe County

$840,012

−$1,010 −0.1% down $1,010, 0.1% versus October 2022

Sales: 43
SP/LP: 95%
DOM: 31
SNLR: 57.3%

Full history →

Essa

Essa, Simcoe County

$758,427

−$5,969 −0.8% down $5,969, 0.8% versus October 2022

Sales: 22
SP/LP: 96%
DOM: 23
SNLR: 64.7%

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