Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$943,365
MoM +$38,251 +4.2% up $38,251, 4.2% versus February 2023 YoY −20.3% down 20.3% versus March 2022
Source: TRREB MarketWatch, March 2023
5 areas
Simcoe County
March 2023
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$890,000
MoM +$22,500 +2.6% up $22,500, 2.6% versus February 2023 YoY −19.1% down 19.1% versus March 2022
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$883,800
MoM +$23,900 +2.8% up $23,900, 2.8% versus February 2023 YoY −18.6% down 18.6% versus March 2022
Sales — Firm transactions reported through the MLS® System during the month.
221
MoM +77 +53.5% up 77, 53.5% versus February 2023 YoY −36.3% down 36.3% versus March 2022
Dollar volume — Total value of all sales in the month.
$208.5M
MoM +$78,147,171 +60.0% up $78,147,171, 60.0% versus February 2023 YoY −49.2% down 49.2% versus March 2022
New listings — Properties newly listed during the month.
427
MoM +86 +25.2% up 86, 25.2% versus February 2023 YoY −40.8% down 40.8% versus March 2022
Active listings — Listings available at month end.
505
MoM +32 +6.8% up 32, 6.8% versus February 2023 YoY +35.8% up 35.8% versus March 2022
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
24
MoM −3 days −11.1% down 3 days, 11.1% versus February 2023 YoY +166.7% up 166.7% versus March 2022
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
34
MoM −1 day −2.9% down 1 day, 2.9% versus February 2023 YoY +209.1% up 209.1% versus March 2022
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
98%
MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus February 2023 YoY −10.1% down 10.1% versus March 2022
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
51.8%
MoM +9.5 pp +22.6% up 9.5 pp, 22.6% versus February 2023 YoY +7.5% up 7.5% versus March 2022
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.
2.3
MoM −1 −30.4% down 1, 30.4% versus February 2023 YoY +113.2% up 113.2% versus March 2022
Trend
13 months to March 2023
Average price
| Month | Average price |
|---|---|
| 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 |
| Dec '22 | 858284 |
| Jan '23 | 880309 |
| Feb '23 | 905114 |
| Mar '23 | 943365 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Dec '22 | 100 |
| Jan '23 | 107 |
| Feb '23 | 144 |
| Mar '23 | 221 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 221 | +77 +53.5% up 77, 53.5% versus February 2023 | $943,365 | +$38,251 +4.2% up $38,251, 4.2% versus February 2023 | $890,000 | 51.8% | 2.3 |
| Detached | 159 | +47 +42.0% up 47, 42.0% versus February 2023 | $979,145 | +$27,024 +2.8% up $27,024, 2.8% versus February 2023 | $930,000 | 45.8% | 2.6 |
| Semi-detached | 14 | +6 +75.0% up 6, 75.0% versus February 2023 | $906,071 | +$66,508 +7.9% up $66,508, 7.9% versus February 2023 | $960,000 | 77.8% | 0.7 |
| Att/row/townhouse | 32 | +16 +100.0% up 16, 100.0% versus February 2023 | $883,250 | +$165,475 +23.1% up $165,475, 23.1% versus February 2023 | $731,500 | 97.0% | 0.9 |
| Condo townhouse | 4 | no change no change versus February 2023 | $784,875 | +$128,375 +19.6% up $128,375, 19.6% versus February 2023 | $662,500 | 200.0% | 1.0 |
| Condo apartment | 6 | +2 +50.0% up 2, 50.0% versus February 2023 | $661,000 | −$57,000 −7.9% down $57,000, 7.9% versus February 2023 | $664,000 | 31.6% | 6.0 |
| Link | 3 | n/a not available, prior month not on file versus February 2023 | $760,333 | n/a not available, prior month not on file versus February 2023 | $740,000 | 75.0% | 0.7 |
| Detached condo | 3 | n/a not available, prior month not on file versus February 2023 | $821,333 | n/a not available, prior month not on file versus February 2023 | $747,000 | 75.0% | 3.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 326.2 | $883,800 | −18.6% down 18.6% |
| Single-family detached | 330.7 | $935,600 | −18.2% down 18.2% |
| Single-family attached | 344.2 | $752,100 | −17.5% down 17.5% |
| Townhouse | 414.2 | $618,000 | −23.9% down 23.9% |
| Apartment | 376.9 | $609,400 | −14.2% down 14.2% |
Movers within Simcoe County
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Innisfil +12.0% up 12.0%
- Bradford West Gwillimbury +5.8% up 5.8%
- Adjala-Tosorontio +2.8% up 2.8%
- New Tecumseth −1.5% down 1.5%
- Essa −6.4% down 6.4%
Bottom 5
- Essa −6.4% down 6.4%
- New Tecumseth −1.5% down 1.5%
- Adjala-Tosorontio +2.8% up 2.8%
- Bradford West Gwillimbury +5.8% up 5.8%
- Innisfil +12.0% up 12.0%
Sales, month-over-month
Top 5
- New Tecumseth +65.9% up 65.9%
- Innisfil +63.4% up 63.4%
- Bradford West Gwillimbury +57.6% up 57.6%
- Adjala-Tosorontio +37.5% up 37.5%
- Essa +9.5% up 9.5%
Bottom 5
- Essa +9.5% up 9.5%
- Adjala-Tosorontio +37.5% up 37.5%
- Bradford West Gwillimbury +57.6% up 57.6%
- Innisfil +63.4% up 63.4%
- New Tecumseth +65.9% up 65.9%
Simcoe County
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$1,106,232
+$60,320 +5.8% up $60,320, 5.8% versus February 2023
- Sales
- 52
- SP/LP
- 101%
- DOM
- 16
- SNLR
- 69.3%
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$1,020,435
+$28,185 +2.8% up $28,185, 2.8% versus February 2023
- Sales
- 11
- SP/LP
- 96%
- DOM
- 38
- SNLR
- 57.9%
Innisfil
Innisfil, Simcoe County
$951,033
+$101,545 +12.0% up $101,545, 12.0% versus February 2023
- Sales
- 67
- SP/LP
- 98%
- DOM
- 30
- SNLR
- 41.6%
New Tecumseth
New Tecumseth, Simcoe County
$852,860
−$12,571 −1.5% down $12,571, 1.5% versus February 2023
- Sales
- 68
- SP/LP
- 98%
- DOM
- 22
- SNLR
- 60.2%
Essa
Essa, Simcoe County
$783,525
−$53,221 −6.4% down $53,221, 6.4% versus February 2023
- Sales
- 23
- SP/LP
- 98%
- DOM
- 25
- SNLR
- 39.0%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|