The Simcoe County real estate market showed an interesting blend of stabilization and late-season adjustment during the week of November 17–23. Sales continued to strengthen for the second time in three weeks, increasing from 121 to 135 transactions and confirming that buyer activity remains consistent even as prices trend downward. At the same time, the average sale price reset after last week’s temporary spike, dropping by just over $75,000 and realigning with the gradual downward trend observed through October and early November. This decline is less a sign of sudden market weakness and more a reflection of the types of homes that sold this week.
New listings tightened again as fewer sellers entered the market heading into late November, and active inventory saw another meaningful decline. These shifts help prevent oversupply from building too quickly, even though overall inventory remains high. Buyers continue to hold leverage, demonstrated by a modest increase in days on market and a slight rise in months of inventory. Still, the combination of declining new listings and easing inventory suggests the market is stabilizing as we move toward December rather than softening dramatically.
Sales: 135 → 121 (▲ +14)
Average Sale Price: $721,156 → $796,171 (▼ −$75,015)
New Listings: 354 → 368 (▼ −14)
Active Listings: 4,783 → 4,897 (▼ −114)
Sales-to-New Listings Ratio: 0.38 → 0.33 (▲ +0.05)
Months of Inventory: 7.95 → 7.75 (▲ +0.20)
Days on Market: 47 days → 44 days (▲ +3 days)
List-to-Sale Ratio: 96% → 96% (no change)
The increase in sales combined with a reduction in new listings is noteworthy, especially this late in the year. Historically, buyers slow down as winter approaches, but this week shows that motivated buyers are still ready to move—particularly when homes are priced competitively. Meanwhile, the downward shift in average sale price is consistent with long-term fall trends, where price points adjust as more mid-range homes enter the sold mix and fewer upper-end properties transact.
Even though active listings remain high, the week-over-week reduction of more than 100 homes marks a second consecutive easing of inventory. This lends a layer of stability to the current environment, supporting prices from falling more sharply. Buyers still hold negotiation power, reflected in longer time on market and elevated inventory levels, but well-positioned homes continue to attract interest.
It’s important to keep in mind that average sale price is a helpful indicator for broad trends but not a precise measure for any individual property. It can fluctuate significantly depending on what types of homes sell in a given week—detached vs. condo, rural vs. in-town, or luxury vs. mid-range. For accurate client guidance, average price trends should always be paired with recent comparable sales to reflect the true value of a specific home.
As November winds down, the overall picture shows a market that remains slow but stable. Prices are softening, but buyer activity is holding steady. Inventory is high, but it’s trending slightly downward. And as new listings tighten, the stage is being set for a potentially more balanced start to 2026 than many might expect.
If you’re curious how these late-fall trends may be influencing the value of your home—or whether now might be a smart time to prepare for the new year—this is a great moment to get clarity. You can request a free, no-obligation home evaluation to see where your property stands in today’s shifting market.