Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$962,452
MoM −$13,854 −1.4% down $13,854, 1.4% versus June 2024 YoY +2.7% up 2.7% versus July 2023
Source: TRREB MarketWatch, July 2024
5 areas
Simcoe County
July 2024
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$882,500
MoM −$32,500 −3.6% down $32,500, 3.6% versus June 2024 YoY +3.8% up 3.8% versus July 2023
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$893,500
MoM −$22,900 −2.5% down $22,900, 2.5% versus June 2024 YoY −1.8% down 1.8% versus July 2023
Sales — Firm transactions reported through the MLS® System during the month.
168
MoM −22 −11.6% down 22, 11.6% versus June 2024 YoY −2.9% down 2.9% versus July 2023
Dollar volume — Total value of all sales in the month.
$161.7M
MoM −$23,806,207 −12.8% down $23,806,207, 12.8% versus June 2024 YoY −0.3% down 0.3% versus July 2023
New listings — Properties newly listed during the month.
565
MoM −48 −7.8% down 48, 7.8% versus June 2024 YoY +20.0% up 20.0% versus July 2023
Active listings — Listings available at month end.
984
MoM −6 −0.6% down 6, 0.6% versus June 2024 YoY +48.4% up 48.4% versus July 2023
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
30
MoM +2 days +7.1% up 2 days, 7.1% versus June 2024 YoY +7.1% up 7.1% versus July 2023
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
49
MoM +8 days +19.5% up 8 days, 19.5% versus June 2024 YoY +25.6% up 25.6% versus July 2023
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
96%
MoM −3.0 pp −3.0% down 3.0 pp, 3.0% versus June 2024 YoY −1.0% down 1.0% versus July 2023
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
29.7%
MoM −1.3 pp −4.1% down 1.3 pp, 4.1% versus June 2024 YoY −19.0% down 19.0% versus July 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.
5.9
MoM +1 +12.4% up 1, 12.4% versus June 2024 YoY +52.8% up 52.8% versus July 2023
Trend
13 months to July 2024
Average price
| Month | Average price |
|---|---|
| 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 |
| May '24 | 944897 |
| Jun '24 | 976306 |
| Jul '24 | 962452 |
Sales
| Month | Sales |
|---|---|
| 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 |
| May '24 | 201 |
| Jun '24 | 190 |
| Jul '24 | 168 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 168 | −22 −11.6% down 22, 11.6% versus June 2024 | $962,452 | −$13,854 −1.4% down $13,854, 1.4% versus June 2024 | $882,500 | 29.7% | 5.9 |
| Detached | 130 | −14 −9.7% down 14, 9.7% versus June 2024 | $1,008,428 | −$40,223 −3.8% down $40,223, 3.8% versus June 2024 | $944,650 | 29.7% | 6.0 |
| Semi-detached | 9 | −1 −10.0% down 1, 10.0% versus June 2024 | $795,322 | −$61,728 −7.2% down $61,728, 7.2% versus June 2024 | $785,000 | 34.6% | 2.9 |
| Att/row/townhouse | 19 | −1 −5.0% down 1, 5.0% versus June 2024 | $816,021 | +$42,351 +5.5% up $42,351, 5.5% versus June 2024 | $765,000 | 36.5% | 3.7 |
| Condo townhouse | 1 | −2 −66.7% down 2, 66.7% versus June 2024 | $740,000 | +$100,333 +15.7% up $100,333, 15.7% versus June 2024 | $740,000 | 14.3% | 13.0 |
| Condo apartment | 5 | −4 −44.4% down 4, 44.4% versus June 2024 | $538,000 | −$20,389 −3.7% down $20,389, 3.7% versus June 2024 | $480,000 | 17.2% | 13.2 |
| Link | 2 | +1 +100.0% up 1, 100.0% versus June 2024 | $961,950 | +$136,950 +16.6% up $136,950, 16.6% versus June 2024 | $961,950 | 22.2% | 5.5 |
| Detached condo | 2 | −1 −33.3% down 1, 33.3% versus June 2024 | $1,290,000 | +$397,000 +44.5% up $397,000, 44.5% versus June 2024 | $1,290,000 | 50.0% | 6.5 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 406.3 | $893,500 | −1.8% down 1.8% |
| Single-family detached | 418 | $935,000 | −1.4% down 1.4% |
| Single-family attached | 406.5 | $779,600 | −0.7% down 0.7% |
| Townhouse | 368.5 | $623,800 | −5.2% down 5.2% |
| Apartment | 414.8 | $598,500 | −7.3% down 7.3% |
Movers within Simcoe County
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Bradford West Gwillimbury +8.8% up 8.8%
- New Tecumseth +7.5% up 7.5%
- Essa +1.6% up 1.6%
- Innisfil −10.2% down 10.2%
- Adjala-Tosorontio −16.6% down 16.6%
Bottom 5
- Adjala-Tosorontio −16.6% down 16.6%
- Innisfil −10.2% down 10.2%
- Essa +1.6% up 1.6%
- New Tecumseth +7.5% up 7.5%
- Bradford West Gwillimbury +8.8% up 8.8%
Sales, month-over-month
Top 5
- Adjala-Tosorontio +10.0% up 10.0%
- New Tecumseth +7.0% up 7.0%
- Essa −7.4% down 7.4%
- Innisfil −17.4% down 17.4%
- Bradford West Gwillimbury −29.3% down 29.3%
Bottom 5
- Bradford West Gwillimbury −29.3% down 29.3%
- Innisfil −17.4% down 17.4%
- Essa −7.4% down 7.4%
- New Tecumseth +7.0% up 7.0%
- Adjala-Tosorontio +10.0% up 10.0%
Simcoe County
Adjala-Tosorontio
Adjala-Tosorontio, Simcoe County
$1,343,264
−$266,646 −16.6% down $266,646, 16.6% versus June 2024
- Sales
- 11
- SP/LP
- 94%
- DOM
- 36
- SNLR
- 36.7%
Bradford West Gwillimbury
Bradford West Gwillimbury, Simcoe County
$1,160,479
+$94,333 +8.8% up $94,333, 8.8% versus June 2024
- Sales
- 29
- SP/LP
- 95%
- DOM
- 33
- SNLR
- 26.1%
New Tecumseth
New Tecumseth, Simcoe County
$959,709
+$67,330 +7.5% up $67,330, 7.5% versus June 2024
- Sales
- 46
- SP/LP
- 98%
- DOM
- 30
- SNLR
- 39.3%
Innisfil
Innisfil, Simcoe County
$852,004
−$96,973 −10.2% down $96,973, 10.2% versus June 2024
- Sales
- 57
- SP/LP
- 96%
- DOM
- 28
- SNLR
- 24.9%
Essa
Essa, Simcoe County
$822,052
+$13,337 +1.6% up $13,337, 1.6% versus June 2024
- Sales
- 25
- SP/LP
- 97%
- DOM
- 29
- SNLR
- 32.0%
All Simcoe County areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|