Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$974,831
MoM +$37,553 +4.0% up $37,553, 4.0% versus September 2023 YoY +9.6% up 9.6% versus October 2022
Source: TRREB MarketWatch, October 2023
5 areas
Simcoe County
October 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.
$852,000
MoM −$30,250 −3.4% down $30,250, 3.4% versus September 2023 YoY +2.0% up 2.0% versus October 2022
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$896,500
MoM −$7,300 −0.8% down $7,300, 0.8% versus September 2023 YoY +3.1% up 3.1% versus October 2022
Sales — Firm transactions reported through the MLS® System during the month.
120
MoM −18 −13.0% down 18, 13.0% versus September 2023 YoY −32.2% down 32.2% versus October 2022
Dollar volume — Total value of all sales in the month.
$117.0M
MoM −$12,364,542 −9.6% down $12,364,542, 9.6% versus September 2023 YoY −25.7% down 25.7% versus October 2022
New listings — Properties newly listed during the month.
482
MoM −72 −13.0% down 72, 13.0% versus September 2023 YoY +24.9% up 24.9% versus October 2022
Active listings — Listings available at month end.
823
MoM +7 +0.9% up 7, 0.9% versus September 2023 YoY +40.0% up 40.0% versus October 2022
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
30
MoM +1 day +3.4% up 1 day, 3.4% versus September 2023 YoY no change no change versus October 2022
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
44
MoM +4 days +10.0% up 4 days, 10.0% versus September 2023 YoY −2.2% down 2.2% versus October 2022
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
97%
MoM no change no change versus September 2023 YoY +1.0% up 1.0% versus October 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 −0.0 pp −0.1% down 0.0 pp, 0.1% versus September 2023 YoY −45.7% down 45.7% versus October 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.
6.9
MoM +1 +16.0% up 1, 16.0% versus September 2023 YoY +106.4% up 106.4% versus October 2022
Trend
13 months to October 2023
Average price
| Month | Average price |
|---|---|
| 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 |
| Oct '23 | 974831 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Oct '23 | 120 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 120 | −18 −13.0% down 18, 13.0% versus September 2023 | $974,831 | +$37,553 +4.0% up $37,553, 4.0% versus September 2023 | $852,000 | 24.9% | 6.9 |
| Detached | 87 | −26 −23.0% down 26, 23.0% versus September 2023 | $1,032,170 | +$53,088 +5.4% up $53,088, 5.4% versus September 2023 | $940,000 | 22.5% | 7.7 |
| Semi-detached | 3 | −1 −25.0% down 1, 25.0% versus September 2023 | $911,667 | +$68,037 +8.1% up $68,037, 8.1% versus September 2023 | $980,000 | 16.7% | 7.3 |
| Att/row/townhouse | 22 | +10 +83.3% up 10, 83.3% versus September 2023 | $820,727 | +$28,227 +3.6% up $28,227, 3.6% versus September 2023 | $730,500 | 61.1% | 2.2 |
| Condo apartment | 3 | −1 −25.0% down 1, 25.0% versus September 2023 | $608,667 | +$45,417 +8.1% up $45,417, 8.1% versus September 2023 | $605,000 | 13.0% | 19.3 |
| Link | 3 | +1 +50.0% up 1, 50.0% versus September 2023 | $773,000 | +$61,500 +8.6% up $61,500, 8.6% versus September 2023 | $745,000 | 27.3% | 2.7 |
| Detached condo | 2 | −1 −33.3% down 1, 33.3% versus September 2023 | $1,122,500 | +$406,667 +56.8% up $406,667, 56.8% versus September 2023 | $1,122,500 | 50.0% | 5.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 401.7 | $896,500 | +3.1% up 3.1% |
| Single-family detached | 414.1 | $945,500 | +4.0% up 4.0% |
| Single-family attached | 396.5 | $764,800 | +4.2% up 4.2% |
| Townhouse | 369.7 | $622,600 | −4.1% down 4.1% |
| Apartment | 392.1 | $626,600 | −4.6% down 4.6% |
Movers within Simcoe County
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Bradford West Gwillimbury +13.6% up 13.6%
- Innisfil +13.5% up 13.5%
- Essa +4.3% up 4.3%
- New Tecumseth −6.7% down 6.7%
Bottom 5
- New Tecumseth −6.7% down 6.7%
- Essa +4.3% up 4.3%
- Innisfil +13.5% up 13.5%
- Bradford West Gwillimbury +13.6% up 13.6%
Sales, month-over-month
Top 5
- New Tecumseth +11.8% up 11.8%
- Bradford West Gwillimbury −3.4% down 3.4%
- Essa −11.8% down 11.8%
- Innisfil −31.4% down 31.4%
Bottom 5
- Innisfil −31.4% down 31.4%
- Essa −11.8% down 11.8%
- Bradford West Gwillimbury −3.4% down 3.4%
- New Tecumseth +11.8% up 11.8%
Simcoe County
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$1,131,229
+$135,370 +13.6% up $135,370, 13.6% versus September 2023
- Sales
- 28
- SP/LP
- 98%
- DOM
- 29
- SNLR
- 22.9%
Innisfil
Innisfil, Simcoe County
$1,039,439
+$123,665 +13.5% up $123,665, 13.5% versus September 2023
- Sales
- 35
- SP/LP
- 98%
- DOM
- 28
- SNLR
- 19.6%
Adjala-Tosorontio low sample
Adjala-Tosorontio, Simcoe County
$923,750
−$345,107 −27.2% down $345,107, 27.2% versus September 2023
- Sales
- 4
- SP/LP
- 93%
- DOM
- 46
- SNLR
- 14.3%
New Tecumseth
New Tecumseth, Simcoe County
$878,053
−$62,782 −6.7% down $62,782, 6.7% versus September 2023
- Sales
- 38
- SP/LP
- 97%
- DOM
- 31
- SNLR
- 36.5%
Essa
Essa, Simcoe County
$790,933
+$32,727 +4.3% up $32,727, 4.3% versus September 2023
- Sales
- 15
- SP/LP
- 97%
- DOM
- 33
- SNLR
- 30.6%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|