Source: TRREB MarketWatch, May 2023

1 areas

Dufferin County

May 2023

Headline indicators

All home types

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

$834,189

MoM −$15,581 −1.8% down $15,581, 1.8% versus April 2023 YoY −3.4% down 3.4% versus May 2022

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

$803,500

MoM +$8,500 +1.1% up $8,500, 1.1% versus April 2023 YoY −5.4% down 5.4% versus May 2022

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

$812,300

MoM +$11,900 +1.5% up $11,900, 1.5% versus April 2023 YoY −11.5% down 11.5% versus May 2022

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

52

MoM −5 −8.8% down 5, 8.8% versus April 2023 YoY +13.0% up 13.0% versus May 2022

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

$43.4M

MoM −$5,059,046 −10.4% down $5,059,046, 10.4% versus April 2023 YoY +9.2% up 9.2% versus May 2022

New listings — Properties newly listed during the month.

59

MoM no change no change versus April 2023 YoY −52.0% down 52.0% versus May 2022

Active listings — Listings available at month end.

42

MoM −4 −8.7% down 4, 8.7% versus April 2023 YoY −51.2% down 51.2% versus May 2022

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

16

MoM +2 days +14.3% up 2 days, 14.3% versus April 2023 YoY +23.1% up 23.1% versus May 2022

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

21

MoM −1 day −4.5% down 1 day, 4.5% versus April 2023 YoY +5.0% up 5.0% versus May 2022

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

100%

MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus April 2023 YoY +1.0% up 1.0% versus May 2022

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

88.1%

MoM −8.5 pp −8.8% down 8.5 pp, 8.8% versus April 2023 YoY +135.7% up 135.7% versus May 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.

0.8

MoM +0 +0.1% up 0, 0.1% versus April 2023 YoY −56.8% down 56.8% versus May 2022

Trend

13 months to May 2023

Average price

Dufferin County average selling price over the 13 months ending May 2023.
Month Average price
May '22 863642
Jun '22 900221
Jul '22 887592
Aug '22 829100
Sep '22 805770
Oct '22 783615
Nov '22 732027
Dec '22 716294
Jan '23 830577
Feb '23 812808
Mar '23 776417
Apr '23 849770
May '23 834189

Sales

Dufferin County sales over the 13 months ending May 2023.
Month Sales
May '22 46
Jun '22 41
Jul '22 25
Aug '22 44
Sep '22 44
Oct '22 26
Nov '22 22
Dec '22 17
Jan '23 21
Feb '23 26
Mar '23 30
Apr '23 57
May '23 52

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 52 −5 −8.8% down 5, 8.8% versus April 2023 $834,189 −$15,581 −1.8% down $15,581, 1.8% versus April 2023 $803,500 88.1% 0.8
Detached 28 −8 −22.2% down 8, 22.2% versus April 2023 $950,926 +$7,357 +0.8% up $7,357, 0.8% versus April 2023 $890,000 73.7% 0.9
Semi-detached 7 +1 +16.7% up 1, 16.7% versus April 2023 $738,646 +$51,996 +7.6% up $51,996, 7.6% versus April 2023 $760,000 87.5% 0.4
Att/row/townhouse 11 no change no change versus April 2023 $769,500 −$6,008 −0.8% down $6,008, 0.8% versus April 2023 $779,000 137.5% 0.5
Condo townhouse 3 +2 +200.0% up 2, 200.0% versus April 2023 $603,967 +$56,067 +10.2% up $56,067, 10.2% versus April 2023 $599,900 100.0% 0.3
Condo apartment 3 no change no change versus April 2023 $435,000 +$11,667 +2.8% up $11,667, 2.8% versus April 2023 $400,000 150.0% 2.3

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 378.3 $812,300 −11.5% down 11.5%
Single-family detached 385.1 $909,900 −11.5% down 11.5%
Single-family attached 403.8 $726,900 −10.2% down 10.2%
Townhouse 432.8 $594,300 −11.6% down 11.6%
Apartment 394.3 $531,900 −13.6% down 13.6%

Movers within Dufferin County

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Orangeville −1.8% down 1.8%

Bottom 5

  1. Orangeville −1.8% down 1.8%

Sales, month-over-month

Top 5

  1. Orangeville −8.8% down 8.8%

Bottom 5

  1. Orangeville −8.8% down 8.8%

Dufferin County

Orangeville

Orangeville, Dufferin County

$834,189

−$15,581 −1.8% down $15,581, 1.8% versus April 2023

Sales
52
SP/LP
100%
DOM
16
SNLR
88.1%

Full history →

All Dufferin County areas

0 areas

Area Sales MoM $ volume Average MoM Median New Active SP/LP LDOM PDOM SNLR MOI