Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$969,650
MoM −$5,181 −0.5% down $5,181, 0.5% versus October 2023 YoY +11.0% up 11.0% versus November 2022
Source: TRREB MarketWatch, November 2023
5 areas
Simcoe County
November 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.
$881,000
MoM +$29,000 +3.4% up $29,000, 3.4% versus October 2023 YoY +5.5% up 5.5% versus November 2022
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$866,500
MoM −$30,000 −3.3% down $30,000, 3.3% versus October 2023 YoY +1.1% up 1.1% versus November 2022
Sales — Firm transactions reported through the MLS® System during the month.
102
MoM −18 −15.0% down 18, 15.0% versus October 2023 YoY −31.5% down 31.5% versus November 2022
Dollar volume — Total value of all sales in the month.
$98.9M
MoM −$18,075,424 −15.5% down $18,075,424, 15.5% versus October 2023 YoY −24.0% down 24.0% versus November 2022
New listings — Properties newly listed during the month.
366
MoM −116 −24.1% down 116, 24.1% versus October 2023 YoY +16.9% up 16.9% versus November 2022
Active listings — Listings available at month end.
693
MoM −130 −15.8% down 130, 15.8% versus October 2023 YoY +36.4% up 36.4% versus November 2022
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
30
MoM no change no change versus October 2023 YoY +15.4% up 15.4% versus November 2022
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
41
MoM −3 days −6.8% down 3 days, 6.8% versus October 2023 YoY −4.7% down 4.7% versus November 2022
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
95%
MoM −2.0 pp −2.1% down 2.0 pp, 2.1% versus October 2023 YoY −1.0% down 1.0% versus November 2022
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
27.9%
MoM +3.0 pp +11.9% up 3.0 pp, 11.9% versus October 2023 YoY −41.5% down 41.5% versus November 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.
6.8
MoM −0 −0.9% down 0, 0.9% versus October 2023 YoY +99.3% up 99.3% versus November 2022
Trend
13 months to November 2023
Average price
| Month | Average price |
|---|---|
| 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 |
| Nov '23 | 969650 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Nov '23 | 102 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 102 | −18 −15.0% down 18, 15.0% versus October 2023 | $969,650 | −$5,181 −0.5% down $5,181, 0.5% versus October 2023 | $881,000 | 27.9% | 6.8 |
| Detached | 81 | −6 −6.9% down 6, 6.9% versus October 2023 | $1,032,301 | +$131 +0.0% up $131, 0.0% versus October 2023 | $945,000 | 28.4% | 6.8 |
| Semi-detached | 3 | no change no change versus October 2023 | $860,000 | −$51,667 −5.7% down $51,667, 5.7% versus October 2023 | $852,500 | 21.4% | 7.0 |
| Att/row/townhouse | 9 | −13 −59.1% down 13, 59.1% versus October 2023 | $741,389 | −$79,338 −9.7% down $79,338, 9.7% versus October 2023 | $685,000 | 29.0% | 4.0 |
| Condo townhouse | 1 | n/a not available, prior month not on file versus October 2023 | $601,000 | n/a not available, prior month not on file versus October 2023 | $601,000 | 14.3% | 9.0 |
| Condo apartment | 4 | +1 +33.3% up 1, 33.3% versus October 2023 | $539,875 | −$68,792 −11.3% down $68,792, 11.3% versus October 2023 | $545,000 | 17.4% | 16.0 |
| Link | 1 | −2 −66.7% down 2, 66.7% versus October 2023 | $850,000 | +$77,000 +10.0% up $77,000, 10.0% versus October 2023 | $850,000 | 25.0% | 6.0 |
| Detached condo | 3 | +1 +50.0% up 1, 50.0% versus October 2023 | $808,333 | −$314,167 −28.0% down $314,167, 28.0% versus October 2023 | $860,000 | 150.0% | 2.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 388.2 | $866,500 | +1.1% up 1.1% |
| Single-family detached | 399 | $910,900 | +2.0% up 2.0% |
| Single-family attached | 390.9 | $754,100 | +3.8% up 3.8% |
| Townhouse | 360 | $606,300 | −7.9% down 7.9% |
| Apartment | 390.2 | $623,600 | −2.3% down 2.3% |
Movers within Simcoe County
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Bradford West Gwillimbury +8.8% up 8.8%
- Essa +2.6% up 2.6%
- New Tecumseth −4.9% down 4.9%
- Innisfil −16.5% down 16.5%
Bottom 5
- Innisfil −16.5% down 16.5%
- New Tecumseth −4.9% down 4.9%
- Essa +2.6% up 2.6%
- Bradford West Gwillimbury +8.8% up 8.8%
Sales, month-over-month
Top 5
- Bradford West Gwillimbury no change no change
- Essa −6.7% down 6.7%
- Innisfil −17.1% down 17.1%
- New Tecumseth −31.6% down 31.6%
Bottom 5
- New Tecumseth −31.6% down 31.6%
- Innisfil −17.1% down 17.1%
- Essa −6.7% down 6.7%
- Bradford West Gwillimbury no change no change
Simcoe County
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$1,237,000
+$313,250 +33.9% up $313,250, 33.9% versus October 2023
- Sales
- 5
- SP/LP
- 94%
- DOM
- 24
- SNLR
- 31.3%
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$1,231,050
+$99,821 +8.8% up $99,821, 8.8% versus October 2023
- Sales
- 28
- SP/LP
- 95%
- DOM
- 20
- SNLR
- 33.3%
Innisfil
Innisfil, Simcoe County
$868,107
−$171,332 −16.5% down $171,332, 16.5% versus October 2023
- Sales
- 29
- SP/LP
- 95%
- DOM
- 37
- SNLR
- 20.6%
New Tecumseth
New Tecumseth, Simcoe County
$835,127
−$42,926 −4.9% down $42,926, 4.9% versus October 2023
- Sales
- 26
- SP/LP
- 98%
- DOM
- 35
- SNLR
- 30.9%
Essa
Essa, Simcoe County
$811,539
+$20,606 +2.6% up $20,606, 2.6% versus October 2023
- Sales
- 14
- SP/LP
- 95%
- DOM
- 31
- SNLR
- 34.1%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|