Cornerstone Association of REALTORS - Simcoe and District

The statistics provided in this report are based on information from the ITSO MLS® System. Multiple MLS® Systems operate within Ontario, and while none can be guaranteed to include every property listed or sold within a given area, they effectively illustrate market trends.

The number of homes sold in Simcoe & District via the MLS® System of the Cornerstone Association of REALTORS® (Cornerstone) totaled 93 units in June 2025. This was an increase of 17.7% (14 sales) from June 2024.

Home sales were 8.8% below the five-year average and 19.1% below the 10-year average for the month of June.

On a year-to-date basis, home sales totaled 477 units over the first six months of the year. This was a moderate decrease of 8.1% from the same period in 2024.

“Home sales pulled back slightly from May’s pace but remained well ahead of the same time last year. However, the real story was on the supply side. The number of newly listed properties climbed to the highest total for the month on record, and the second highest of any single month ever,” said Drew Hemsley, Cornerstone spokesperson for the Simcoe and District market area. “With new listings outpacing sales by nearly 3 to 1, it should come as no surprise that overall inventory continued to climb, sitting significantly above the long-term average for the month. Meanwhile, the MLS® HPI composite Benchmark Price held steady, up from the end of 2024 but down slightly year over year. With elevated inventory and record setting new listings, market conditions continue to favour buyers, as they have consistently throughout 2025.”

The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI composite benchmark price was $557,200 in June 2025, down modestly by 2.8% compared to June 2024.

The benchmark price for single-family homes was $557,700, a minor decrease of 2.7% on a year-over-year basis in June. By comparison, the benchmark price for townhouse/row units was $519,900, a moderate decrease of 4.9% compared to a year earlier.

The average price of homes sold in June 2025 was $622,430, decreasing by 2.5% from June 2024.

The more comprehensive year-to-date average price was $629,707, a modest decline of 1.4% from the first six months of 2024.

The dollar value of all home sales in June 2025 was $57.9 million, up by 14.8% from the same month in 2024.

The number of new listings saw an increase of 4.8% (12 listings) from June 2024. There were 263 new residential listings in June 2025. This was also the largest number of new listings added in the month of June in history.

New listings were 14.4% above the five-year average and 29.9% above the 10-year average for the month of June.

Active residential listings numbered 570 units on the market at the end of June, a moderate gain of 6.7% from the end of June 2024. Active listings haven’t been this high in the month of June in a decade.

Active listings were 49.9% above the five-year average and 69.2% above the 10-year average for the month of June.

Months of inventory numbered 6.1 at the end of June 2025, down from the 6.8 months recorded at the end of June 2024 and above the long-run average of 3.2 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.