The Simcoe County real estate market continued to build momentum through the early spring season, with 119 sales recorded this week, up slightly from 114 the week prior. Buyer engagement remains steady, even as inventory continues to rise across the region, signalling that demand is still present but increasingly being met with a growing supply of listings.
New listings saw a notable jump to 591, up from 483 the previous week, driving total active listings higher to 4,280, compared to 4,100. As a result, months of inventory increased to 8.75, up from 8.40, reinforcing buyer-favoured conditions across most price points. With more homes available, buyers are benefiting from increased choice and flexibility, while sellers are facing more competition.
Despite rising inventory, pricing showed strength this week. The average sale price climbed to $736,371, a significant increase from $707,253 the week prior, indicating that well-positioned homes are still achieving strong results. At the same time, the list-to-sale ratio held steady at 97%, showing that while buyers have more leverage, sellers are still capturing close to asking price when homes are priced and marketed effectively.
Buyer behaviour is continuing to shift toward a more measured approach. Days on market increased slightly to 41, up from 39, reflecting that buyers are taking more time to evaluate options and make decisions. With more inventory available, urgency has eased, and properties now require stronger pricing, presentation, and exposure to stand out.
Overall, the market is showing steady activity with increasing supply, and the coming weeks will be critical in determining whether demand can keep pace with the continued rise in inventory. For buyers, this environment presents greater opportunity and negotiating flexibility. For sellers, success will depend on preparation, positioning, and strategy in an increasingly competitive landscape.