Source: TRREB MarketWatch, April 2024

5 areas

Simcoe County

April 2024

Headline indicators

All home types

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

$955,045

MoM −$11,011 −1.1% down $11,011, 1.1% versus March 2024 YoY −0.2% down 0.2% versus April 2023

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

$904,500

MoM −$23,000 −2.5% down $23,000, 2.5% versus March 2024 YoY −0.1% down 0.1% versus April 2023

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

$913,700

MoM +$14,300 +1.6% up $14,300, 1.6% versus March 2024 YoY +2.3% up 2.3% versus April 2023

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

234

MoM +8 +3.5% up 8, 3.5% versus March 2024 YoY −11.7% down 11.7% versus April 2023

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

$223.5M

MoM +$5,151,963 +2.4% up $5,151,963, 2.4% versus March 2024 YoY −11.8% down 11.8% versus April 2023

New listings — Properties newly listed during the month.

586

MoM +66 +12.7% up 66, 12.7% versus March 2024 YoY +36.6% up 36.6% versus April 2023

Active listings — Listings available at month end.

756

MoM +269 +55.2% up 269, 55.2% versus March 2024 YoY +48.5% up 48.5% versus April 2023

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

24

MoM −1 day −4.0% down 1 day, 4.0% versus March 2024 YoY −11.1% down 11.1% versus April 2023

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

33

MoM −3 days −8.3% down 3 days, 8.3% versus March 2024 YoY −13.2% down 13.2% versus April 2023

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

98%

MoM −1.0 pp −1.0% down 1.0 pp, 1.0% versus March 2024 YoY −1.0% down 1.0% versus April 2023

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

39.9%

MoM −3.5 pp −8.1% down 3.5 pp, 8.1% versus March 2024 YoY −35.4% down 35.4% versus April 2023

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.

3.2

MoM +1 +49.9% up 1, 49.9% versus March 2024 YoY +68.2% up 68.2% versus April 2023

Trend

13 months to April 2024

Average price

Simcoe County average selling price over the 13 months ending April 2024.
Month Average price
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
Jan '24 888319
Feb '24 946875
Mar '24 966056
Apr '24 955045

Sales

Simcoe County sales over the 13 months ending April 2024.
Month Sales
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
Jan '24 126
Feb '24 186
Mar '24 226
Apr '24 234

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 234 +8 +3.5% up 8, 3.5% versus March 2024 $955,045 −$11,011 −1.1% down $11,011, 1.1% versus March 2024 $904,500 39.9% 3.2
Detached 172 +3 +1.8% up 3, 1.8% versus March 2024 $1,018,109 +$3,222 +0.3% up $3,222, 0.3% versus March 2024 $957,500 36.7% 3.5
Semi-detached 5 −13 −72.2% down 13, 72.2% versus March 2024 $822,600 −$19,528 −2.3% down $19,528, 2.3% versus March 2024 $808,000 45.5% 2.4
Att/row/townhouse 33 +9 +37.5% up 9, 37.5% versus March 2024 $845,371 −$30,562 −3.5% down $30,562, 3.5% versus March 2024 $778,000 56.9% 1.8
Condo townhouse 1 −2 −66.7% down 2, 66.7% versus March 2024 $600,000 −$65,967 −9.9% down $65,967, 9.9% versus March 2024 $600,000 25.0% 8.0
Condo apartment 12 +6 +100.0% up 6, 100.0% versus March 2024 $558,958 +$3,541 +0.6% up $3,541, 0.6% versus March 2024 $546,500 37.5% 4.8
Link 7 n/a not available, prior month not on file versus March 2024 $836,143 n/a not available, prior month not on file versus March 2024 $800,000 87.5% 1.0
Detached condo 4 −2 −33.3% down 2, 33.3% versus March 2024 $798,750 −$84,833 −9.6% down $84,833, 9.6% versus March 2024 $790,000 100.0% 1.3

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 409.4 $913,700 +2.3% up 2.3%
Single-family detached 423.2 $966,100 +3.0% up 3.0%
Single-family attached 404 $779,400 +2.2% up 2.2%
Townhouse 381.5 $642,500 +3.3% up 3.3%
Apartment 388.1 $620,200 −1.1% down 1.1%

Movers within Simcoe County

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Adjala-Tosorontio +5.3% up 5.3%
  2. Bradford West Gwillimbury +3.5% up 3.5%
  3. New Tecumseth −0.7% down 0.7%
  4. Innisfil −4.6% down 4.6%
  5. Essa −8.3% down 8.3%

Bottom 5

  1. Essa −8.3% down 8.3%
  2. Innisfil −4.6% down 4.6%
  3. New Tecumseth −0.7% down 0.7%
  4. Bradford West Gwillimbury +3.5% up 3.5%
  5. Adjala-Tosorontio +5.3% up 5.3%

Sales, month-over-month

Top 5

  1. Adjala-Tosorontio +25.0% up 25.0%
  2. Essa +25.0% up 25.0%
  3. Bradford West Gwillimbury +22.2% up 22.2%
  4. New Tecumseth +3.0% up 3.0%
  5. Innisfil −16.7% down 16.7%

Bottom 5

  1. Innisfil −16.7% down 16.7%
  2. New Tecumseth +3.0% up 3.0%
  3. Bradford West Gwillimbury +22.2% up 22.2%
  4. Essa +25.0% up 25.0%
  5. Adjala-Tosorontio +25.0% up 25.0%

Simcoe County

Bradford West Gwillimbury

Bradford West Gwillimbury, Simcoe County

$1,151,110

+$38,817 +3.5% up $38,817, 3.5% versus March 2024

Sales
55
SP/LP
99%
DOM
17
SNLR
42.6%

Full history →

Adjala-Tosorontio

Adjala-Tosorontio, Simcoe County

$1,035,400

+$52,025 +5.3% up $52,025, 5.3% versus March 2024

Sales
10
SP/LP
99%
DOM
19
SNLR
20.8%

Full history →

Innisfil

Innisfil, Simcoe County

$923,240

−$44,477 −4.6% down $44,477, 4.6% versus March 2024

Sales
65
SP/LP
98%
DOM
26
SNLR
31.7%

Full history →

New Tecumseth

New Tecumseth, Simcoe County

$899,909

−$6,625 −0.7% down $6,625, 0.7% versus March 2024

Sales
69
SP/LP
97%
DOM
28
SNLR
52.7%

Full history →

Essa

Essa, Simcoe County

$791,747

−$72,132 −8.3% down $72,132, 8.3% versus March 2024

Sales
35
SP/LP
98%
DOM
24
SNLR
48.0%

Full history →

All Simcoe County areas

0 areas

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