Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$881,961
MoM −$87,689 −9.0% down $87,689, 9.0% versus November 2023 YoY +2.8% up 2.8% versus December 2022
Source: TRREB MarketWatch, December 2023
5 areas
Simcoe County
December 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.
$842,000
MoM −$39,000 −4.4% down $39,000, 4.4% versus November 2023 YoY +4.0% up 4.0% versus December 2022
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$863,800
MoM −$2,700 −0.3% down $2,700, 0.3% versus November 2023 YoY +0.8% up 0.8% versus December 2022
Sales — Firm transactions reported through the MLS® System during the month.
99
MoM −3 −2.9% down 3, 2.9% versus November 2023 YoY −1.0% down 1.0% versus December 2022
Dollar volume — Total value of all sales in the month.
$87.3M
MoM −$11,590,170 −11.7% down $11,590,170, 11.7% versus November 2023 YoY +1.7% up 1.7% versus December 2022
New listings — Properties newly listed during the month.
124
MoM −242 −66.1% down 242, 66.1% versus November 2023 YoY −20.5% down 20.5% versus December 2022
Active listings — Listings available at month end.
416
MoM −277 −40.0% down 277, 40.0% versus November 2023 YoY +4.5% up 4.5% versus December 2022
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
37
MoM +7 days +23.3% up 7 days, 23.3% versus November 2023 YoY +2.8% up 2.8% versus December 2022
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
57
MoM +16 days +39.0% up 16 days, 39.0% versus November 2023 YoY +26.7% up 26.7% versus December 2022
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
96%
MoM +1.0 pp +1.1% up 1.0 pp, 1.1% versus November 2023 YoY +1.1% up 1.1% versus December 2022
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
79.8%
MoM +52.0 pp +186.5% up 52.0 pp, 186.5% versus November 2023 YoY +24.5% up 24.5% versus December 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.
4.2
MoM −3 −38.2% down 3, 38.2% versus November 2023 YoY +5.6% up 5.6% versus December 2022
Trend
13 months to December 2023
Average price
| Month | Average price |
|---|---|
| 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 |
| Dec '23 | 881961 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Dec '23 | 99 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 99 | −3 −2.9% down 3, 2.9% versus November 2023 | $881,961 | −$87,689 −9.0% down $87,689, 9.0% versus November 2023 | $842,000 | 79.8% | 4.2 |
| Detached | 74 | −7 −8.6% down 7, 8.6% versus November 2023 | $938,446 | −$93,855 −9.1% down $93,855, 9.1% versus November 2023 | $936,750 | 80.4% | 4.3 |
| Semi-detached | 7 | +4 +133.3% up 4, 133.3% versus November 2023 | $831,600 | −$28,400 −3.3% down $28,400, 3.3% versus November 2023 | $836,200 | 350.0% | 1.1 |
| Att/row/townhouse | 10 | +1 +11.1% up 1, 11.1% versus November 2023 | $726,600 | −$14,789 −2.0% down $14,789, 2.0% versus November 2023 | $715,000 | 71.4% | 2.7 |
| Condo townhouse | 2 | +1 +100.0% up 1, 100.0% versus November 2023 | $552,500 | −$48,500 −8.1% down $48,500, 8.1% versus November 2023 | $552,500 | 66.7% | 4.0 |
| Condo apartment | 4 | no change no change versus November 2023 | $558,750 | +$18,875 +3.5% up $18,875, 3.5% versus November 2023 | $577,500 | 44.4% | 11.5 |
| Link | 2 | +1 +100.0% up 1, 100.0% versus November 2023 | $721,000 | −$129,000 −15.2% down $129,000, 15.2% versus November 2023 | $721,000 | 100.0% | 1.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 387 | $863,800 | +0.8% up 0.8% |
| Single-family detached | 397.8 | $908,200 | +1.5% up 1.5% |
| Single-family attached | 387.6 | $747,600 | +3.8% up 3.8% |
| Townhouse | 369.2 | $621,700 | −7.0% down 7.0% |
| Apartment | 382.9 | $611,900 | −1.6% down 1.6% |
Movers within Simcoe County
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- New Tecumseth −1.9% down 1.9%
- Innisfil −9.1% down 9.1%
- Bradford West Gwillimbury −14.7% down 14.7%
Bottom 5
- Bradford West Gwillimbury −14.7% down 14.7%
- Innisfil −9.1% down 9.1%
- New Tecumseth −1.9% down 1.9%
Sales, month-over-month
Top 5
- Innisfil +20.7% up 20.7%
- Bradford West Gwillimbury +14.3% up 14.3%
- New Tecumseth −30.8% down 30.8%
Bottom 5
- New Tecumseth −30.8% down 30.8%
- Bradford West Gwillimbury +14.3% up 14.3%
- Innisfil +20.7% up 20.7%
Simcoe County
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$1,050,193
−$180,857 −14.7% down $180,857, 14.7% versus November 2023
- Sales
- 32
- SP/LP
- 95%
- DOM
- 35
- SNLR
- 152.4%
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$972,000
−$265,000 −21.4% down $265,000, 21.4% versus November 2023
- Sales
- 5
- SP/LP
- 96%
- DOM
- 49
- SNLR
- 71.4%
New Tecumseth
New Tecumseth, Simcoe County
$819,500
−$15,627 −1.9% down $15,627, 1.9% versus November 2023
- Sales
- 18
- SP/LP
- 98%
- DOM
- 25
- SNLR
- 51.4%
Innisfil
Innisfil, Simcoe County
$789,146
−$78,961 −9.1% down $78,961, 9.1% versus November 2023
- Sales
- 35
- SP/LP
- 97%
- DOM
- 42
- SNLR
- 71.4%
Essa
Essa, Simcoe County
$719,656
−$91,883 −11.3% down $91,883, 11.3% versus November 2023
- Sales
- 9
- SP/LP
- 97%
- DOM
- 37
- SNLR
- 75.0%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|