Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$937,278
MoM −$20,179 −2.1% down $20,179, 2.1% versus August 2023 YoY −3.3% down 3.3% versus September 2022
Source: TRREB MarketWatch, September 2023
5 areas
Simcoe County
September 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.
$882,250
MoM +$5,750 +0.7% up $5,750, 0.7% versus August 2023 YoY +1.8% up 1.8% versus September 2022
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$903,800
MoM −$14,600 −1.6% down $14,600, 1.6% versus August 2023 YoY +2.6% up 2.6% versus September 2022
Sales — Firm transactions reported through the MLS® System during the month.
138
MoM −10 −6.8% down 10, 6.8% versus August 2023 YoY −17.9% down 17.9% versus September 2022
Dollar volume — Total value of all sales in the month.
$129.3M
MoM −$12,359,357 −8.7% down $12,359,357, 8.7% versus August 2023 YoY −20.6% down 20.6% versus September 2022
New listings — Properties newly listed during the month.
554
MoM +98 +21.5% up 98, 21.5% versus August 2023 YoY +23.7% up 23.7% versus September 2022
Active listings — Listings available at month end.
816
MoM +89 +12.2% up 89, 12.2% versus August 2023 YoY +21.8% up 21.8% versus September 2022
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
29
MoM +5 days +20.8% up 5 days, 20.8% versus August 2023 YoY −6.5% down 6.5% versus September 2022
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
40
MoM +4 days +11.1% up 4 days, 11.1% versus August 2023 YoY −18.4% down 18.4% versus September 2022
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
97%
MoM −1.0 pp −1.0% down 1.0 pp, 1.0% versus August 2023 YoY +1.0% up 1.0% versus September 2022
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
24.9%
MoM −7.5 pp −23.3% down 7.5 pp, 23.3% versus August 2023 YoY −33.6% down 33.6% versus September 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.
5.9
MoM +1 +20.4% up 1, 20.4% versus August 2023 YoY +48.3% up 48.3% versus September 2022
Trend
13 months to September 2023
Average price
| Month | Average price |
|---|---|
| Sep '22 | 969283 |
| Oct '22 | 889610 |
| Nov '22 | 873724 |
| Dec '22 | 858284 |
| Jan '23 | 880309 |
| Feb '23 | 905114 |
| Mar '23 | 943365 |
| Apr '23 | 956630 |
| May '23 | 994080 |
| Jun '23 | 980067 |
| Jul '23 | 937032 |
| Aug '23 | 957457 |
| Sep '23 | 937278 |
Sales
| Month | Sales |
|---|---|
| Sep '22 | 168 |
| Oct '22 | 177 |
| Nov '22 | 149 |
| Dec '22 | 100 |
| Jan '23 | 107 |
| Feb '23 | 144 |
| Mar '23 | 221 |
| Apr '23 | 265 |
| May '23 | 269 |
| Jun '23 | 234 |
| Jul '23 | 173 |
| Aug '23 | 148 |
| Sep '23 | 138 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 138 | −10 −6.8% down 10, 6.8% versus August 2023 | $937,278 | −$20,179 −2.1% down $20,179, 2.1% versus August 2023 | $882,250 | 24.9% | 5.9 |
| Detached | 113 | −2 −1.7% down 2, 1.7% versus August 2023 | $979,082 | −$28,555 −2.8% down $28,555, 2.8% versus August 2023 | $920,000 | 25.1% | 5.8 |
| Semi-detached | 4 | +1 +33.3% up 1, 33.3% versus August 2023 | $843,630 | −$39,703 −4.5% down $39,703, 4.5% versus August 2023 | $837,250 | 23.5% | 3.8 |
| Att/row/townhouse | 12 | −9 −42.9% down 9, 42.9% versus August 2023 | $792,500 | +$12,005 +1.5% up $12,005, 1.5% versus August 2023 | $782,500 | 26.7% | 5.5 |
| Condo apartment | 4 | no change no change versus August 2023 | $563,250 | −$92,500 −14.1% down $92,500, 14.1% versus August 2023 | $551,500 | 14.3% | 14.3 |
| Link | 2 | n/a not available, prior month not on file versus August 2023 | $711,500 | n/a not available, prior month not on file versus August 2023 | $711,500 | 33.3% | 3.0 |
| Detached condo | 3 | no change no change versus August 2023 | $715,833 | −$275,834 −27.8% down $275,834, 27.8% versus August 2023 | $655,000 | 75.0% | 3.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 404.9 | $903,800 | +2.6% up 2.6% |
| Single-family detached | 416.2 | $950,200 | +3.4% up 3.4% |
| Single-family attached | 403.6 | $778,500 | +3.8% up 3.8% |
| Townhouse | 385.2 | $648,600 | −1.8% down 1.8% |
| Apartment | 395.9 | $632,600 | −3.8% down 3.8% |
Movers within Simcoe County
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- New Tecumseth +8.1% up 8.1%
- Innisfil −1.0% down 1.0%
- Essa −8.4% down 8.4%
- Bradford West Gwillimbury −9.5% down 9.5%
Bottom 5
- Bradford West Gwillimbury −9.5% down 9.5%
- Essa −8.4% down 8.4%
- Innisfil −1.0% down 1.0%
- New Tecumseth +8.1% up 8.1%
Sales, month-over-month
Top 5
- Bradford West Gwillimbury +45.0% up 45.0%
- Innisfil −8.9% down 8.9%
- Essa −10.5% down 10.5%
- New Tecumseth −20.9% down 20.9%
Bottom 5
- New Tecumseth −20.9% down 20.9%
- Essa −10.5% down 10.5%
- Innisfil −8.9% down 8.9%
- Bradford West Gwillimbury +45.0% up 45.0%
Simcoe County
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$1,268,857
−$204,643 −13.9% down $204,643, 13.9% versus August 2023
- Sales
- 7
- SP/LP
- 96%
- DOM
- 26
- SNLR
- 22.6%
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$995,859
−$104,291 −9.5% down $104,291, 9.5% versus August 2023
- Sales
- 29
- SP/LP
- 98%
- DOM
- 25
- SNLR
- 20.7%
New Tecumseth
New Tecumseth, Simcoe County
$940,835
+$70,779 +8.1% up $70,779, 8.1% versus August 2023
- Sales
- 34
- SP/LP
- 98%
- DOM
- 29
- SNLR
- 27.4%
Innisfil
Innisfil, Simcoe County
$915,774
−$9,581 −1.0% down $9,581, 1.0% versus August 2023
- Sales
- 51
- SP/LP
- 96%
- DOM
- 30
- SNLR
- 23.9%
Essa
Essa, Simcoe County
$758,206
−$69,868 −8.4% down $69,868, 8.4% versus August 2023
- Sales
- 17
- SP/LP
- 98%
- DOM
- 31
- SNLR
- 37.0%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|