Simcoe County Real Estate Market Report – February 2026 | meetmatthew.ca
TRREB MLS® Data  —  February 2026

Simcoe County Real Estate Market Report

A data-driven analysis of home prices, sales volume, inventory, and market conditions in Simcoe County, Ontario — updated monthly with TRREB MLS® data.

Median Price: $653,000
Sales: 451
SNLR: 31%
Avg Price: $718,214
SP/LP: 96%
Avg DOM: 52 days

Simcoe County Real Estate Market — Key Takeaways

Simcoe County recorded 451 resale transactions in February 2026, representing $323.9M in total dollar volume. The county-wide SNLR of 31% confirms buyer’s market conditions, but the range within that headline number is dramatic: condo apartments at 15% SNLR and 74-day avg DOM versus condo townhouses at 41% SNLR (near-balanced) and row townhouses and semi-detached at 98% SP/LP. The $65,214 gap between average ($718,214) and median ($653,000) reflects detached homes pulling the average upward, while condo and lower-priced product anchors the median. Simcoe County’s most important structural characteristic: it is the most affordable county with GO rail access in the GTHA commuter zone.

  • Condo apartment crisis: SNLR 15%, 74-day avg DOM, 95% SP/LP. 142 new listings against 22 sales = 6.5:1 listing-to-sale ratio. The most distressed product type in Simcoe County by a wide margin.
  • Row townhouses & semi-detached both at 98% SP/LP. Row towns: 39% SNLR, 38-day avg DOM. Semi-detached: 37% SNLR, 34-day avg DOM. Both segments absorbing demand near full ask.
  • !Other category: 79-day avg DOM, 93% SP/LP, 34 sales. Likely rural/acreage/unique product. Second-most distressed category. Long time-to-sale with significant price discounting.
  • !Detached anchors the market: 300 of 451 sales (66.5%), $723,250 median, 32% SNLR, 96% SP/LP, 50-day avg DOM. The county’s primary demand segment with the deepest absolute volume.
Declining / Pressure
Stable / Watch
Improving / Positive
County Median Sale Price
$653,000
Avg $718,214 — $65K gap from detached mix
Total Sales
451
$323.9M volume  |  1,433 new listings
SNLR
31%
Buyer’s market — range: 15% (condo apt) to 41% (condo town)
Avg. Days on Market
52
Median 32 days — stale condo/other inventory pulls avg
Condo Apartment
SNLR 15%
74-day avg DOM  |  $407,500 median  |  Most distressed
Row Townhouse
98% SP/LP
▲ 38-day avg DOM  |  SNLR 39%  |  Best demand signal
Detached Median
$723,250
300 sales (66.5%)  |  32% SNLR  |  96% SP/LP
Condo Townhouse
SNLR 41%
Near-balanced  |  $494,000 median  |  26 sales

February Summary: Simcoe County’s February 2026 data is best understood as three distinct sub-markets within one county SNLR. Stressed: condo apartments (SNLR 15%, 74-day DOM) and the “other” category (79-day DOM, 93% SP/LP) — both experiencing supply-driven price compression. Functioning: detached (300 sales, 96% SP/LP, 50-day DOM) and condo townhouses (SNLR 41%) — demand is present but buyers have negotiating room. Competitive: row townhouses and semi-detached (both 98% SP/LP) — correctly priced product in these segments is achieving near-full ask. Strategy should be completely product-type-specific: what works for a condo apartment purchase is the wrong approach for a row townhouse offer.

Data based on TRREB MLS® reported February 2026 resale activity for Simcoe County. Municipal breakdowns available in individual community reports.

Simcoe County Market Conditions — February 2026

At 31% SNLR and a 3.2:1 listing-to-sale ratio (1,433 new listings / 451 sales), Simcoe County is in a buyer’s market. But the county SNLR obscures a wide range: condo apartments at 15% SNLR are in deeply distressed territory; condo townhouses at 41% SNLR are essentially balanced. The 52-day average DOM vs. 32-day median DOM reveals the structural issue — a pool of stale condo and “other” listings with 70–79 day average DOMs is dragging the county average well above the typical detached or townhome sale speed.

Market Balance Indicator — Simcoe County
Buyer’s Market
SNLR 31%
Buyer’s Market
SNLR < 40% (typically)
Balanced
40%–60%
Seller’s Market
SNLR > 60%
31%
SNLR (County)
3.2:1
Listing-to-Sale
52
Avg. DOM
96%
SP/LP Ratio
451
Sales (Feb)
1,433
New Listings
Property TypeSNLRConditionAvg DOMSP/LP
Condo Townhouse41%Near-Balanced6995%
Row Townhouse39%Near-Balanced3898%
Semi-Detached37%Buyer-Leaning3498%
Detached32%Buyer-Leaning5096%
Link33%Buyer-Leaning (n=3)2497%
Other33%Buyer-Leaning7993%
Condo Apartment15%Deep Buyer’s7495%
Detached Condo13%Deep Buyer’s (n=1)3492%

What this means: The condo apartment market in Simcoe County is in a supply-driven distress cycle — 142 new listings against 22 sales (6.5:1 ratio) and 74-day average DOM tell a clear story: condo inventory is accumulating faster than buyers are absorbing it. This is partly an investor-driven phenomenon (pre-construction buyers who purchased 2020–2022 at higher prices now listing at market, meeting resistance). The row townhouse and semi-detached segments are a completely different story — 98% SP/LP across both types means sellers are achieving near-full ask in under 40 days. The takeaway: Simcoe County is a buyer’s market with one major exception, and your offer strategy should reflect the specific product type you’re pursuing.

For Buyers: Your strategy depends entirely on what you’re buying. Condo apartments: maximum leverage — 74-day avg DOM, 6.5:1 listing-to-sale ratio, and sellers who have been watching their units sit since before Christmas. Expect 5–8% below ask with conditions. Detached homes (32% SNLR, 96% SP/LP, 50-day avg DOM): moderate leverage, 3–5% below ask with conditions is realistic on homes sitting 30+ days. Row townhouses and semi-detached (98% SP/LP): arrive pre-approved, offer at or near ask — these segments are competitive even in the county-wide buyer’s market. The county-wide SNLR of 31% is an average; use the product-type SNLR table above to calibrate your actual offer position.

For Sellers: Simcoe County’s buyer’s market demands product-type precision in your pricing strategy. Condo apartment sellers face the hardest conditions in the county — price aggressively relative to active comparable listings, or accept extended market time while competing against 142 new listings per month. Detached sellers at 96% SP/LP and 50-day avg DOM: the data says accurately priced homes are achieving near-full ask in 6–7 weeks. The 32-day median tells you that well-priced detached homes are moving well — the 50-day average reflects a pool of overpriced listings distorting the statistic. Row townhouse and semi-detached sellers: you’re in the best position in the county — price at market and expect near-full ask results.

For Investors: Simcoe County’s investment case is the GTHA’s affordability outlier story. At $653,000 county median and $406,000 condo apartment median, Simcoe offers entry points that are impossible to find in York Region. The condo apartment correction (SNLR 15%) represents both the most distressed buying opportunity and the most challenged rental income scenario — new condo supply is compressing both resale prices and rents simultaneously. Row townhouses are the strongest risk-adjusted investment: 98% SP/LP on resale, family tenant demand, and affordability-driven migration from York Region and Peel. Barrie’s population growth, Bradford GO access, and the Highway 400 / Highway 26 employment corridors are structural long-term demand anchors. The current correction is a buying window for patient capital.

Simcoe County Home Prices by Property Type — February 2026

Simcoe County has the broadest property type mix in this report series — eight categories including condo townhouse (a required separate category for Simcoe). Detached homes dominate at 66.5% of sales (300 of 451), but the condo apartment and condo townhouse segments are substantial enough to matter independently. The “other” category at 34 sales (7.5%) with 79-day avg DOM likely captures rural, agricultural, and mixed-use residential properties.

Detached
$788,086
Median: $723,250
SNLR 32% — buyer-leaning | 50-day avg DOM
300 sales (66.5%)  |  30 med DOM  |  SP/LP 96%
Row Townhouse
$606,476
Median: $600,000
▲ 98% SP/LP — best resale signal | 38-day avg DOM
51 sales  |  22 med DOM  |  SNLR 39%
Condo Townhouse
$592,615
Median: $494,000
SNLR 41% — near-balanced | 69-day avg DOM
26 sales  |  37 med DOM  |  SP/LP 95%
Semi-Detached
$603,714
Median: $598,500
▲ 98% SP/LP — competitive | 34-day avg DOM
14 sales  |  20 med DOM  |  SNLR 37%
Condo Apartment
$496,148
Median: $407,500
▼ SNLR 15% — most distressed | 74-day avg DOM
22 sales  |  68 med DOM  |  SP/LP 95%
Other
$555,365
Median: $509,000
▼ 79-day avg DOM — rural/unique product
34 sales  |  52 med DOM  |  SP/LP 93%

February 2026 — Full Property Type Breakdown

The condo apartment avg/median gap ($496,148 avg vs. $407,500 median — a $88,648 spread) indicates a heavily right-skewed distribution: a few higher-priced Barrie waterfront or luxury condo units are pulling the average well above the typical condo sale. The median of $407,500 is the more reliable benchmark for most condo apartment buyers. The condo townhouse avg ($592,615) vs. median ($494,000) gap tells a similar story — higher-priced townhomes in newer Barrie or Bradford subdivisions are skewing the average.

Property TypeSalesAvg PriceMedian PriceAvg DOMMed DOMSP/LPSNLR
Detached300$788,086$723,250503096%32%
Row Townhouse51$606,476$600,000382298%39%
Condo Townhouse26$592,615$494,000693795%41%
Other34$555,365$509,000795293%33%
Semi-Detached14$603,714$598,500342098%37%
Condo Apartment22$496,148$407,500746895%15%
Link3$691,900$758,000241897%33%
Detached Condo1$825,000$825,000343492%13%

Link (n=3) and detached condo (n=1) are directional only. “Other” includes rural, acreage, and non-standard residential property types. Source: TRREB MLS® Feb 2026.

Type Takeaway: The condo apartment market is Simcoe County’s most pressing structural challenge — a 6.5:1 listing-to-sale ratio and 74-day average DOM suggests that new condo supply (particularly investor-held pre-construction completions) has overwhelmed current buyer demand at current price levels. The $407,500 median puts Simcoe condo apartments at one of the most accessible price points in the GTHA — but the market is saying this level still hasn’t cleared the inventory surplus. Row townhouses at 98% SP/LP and the $600,000 median represent the county’s most compelling combination of demand strength and relative affordability. Condo townhouses at 41% SNLR are the near-balanced segment, but the 69-day avg DOM (vs. 37-day median) signals stale-listing distortion similar to condo apartments — median is the reliable read here.

Sales by Property Type — February 2026

Sales Distribution by Property Type — Simcoe County Feb 2026  |  Source: TRREB MLS®
Detached (300)
66.5% of all sales
Row Townhouse (51)
11.3%
Other (34)
7.5%
Condo Townhouse (26)
5.8%
Condo Apartment (22)
4.9%
Semi-Detached (14)
3.1%
Link (3) + Det. Condo (1)
0.9%
Simcoe County Move-Up Analysis

Upgrade Paths Within Simcoe County — February 2026

Simcoe County offers wider upgrade spreads than York Region at lower absolute price points. The condo-to-detached upgrade spread of $315,750 (median-to-median) is navigable for buyers with equity — and detached at 96% SP/LP means buyers have real negotiating room on the purchase side. The row townhouse seller’s position at 98% SP/LP is the best in the county for capturing maximum value on the way out.

$316K
Condo Apt → Detached Spread
$407,500 → $723,250  |  Feb 2026 TRREB medians
Upgrade PathSelling (Median)Buying (Median)SpreadMarket SignalCondition
Condo Apt → Row Town ~$407,500 ~$600,000 $192,500 ⚠ Selling into 74-day DOM; buying 98% SP/LP Challenging
Row Town → Detached ~$600,000 ~$723,250 $123,250 ▼ Selling 98% SP/LP; buying 96% SP/LP — best path Favourable
Condo Town → Detached ~$494,000 ~$723,250 $229,250 ⚠ Condo town 69-day avg DOM; detached buyer-leaning Moderate
Condo Apt → Detached ~$407,500 ~$723,250 $315,750 ▼ Selling into deep buyer’s; buying has leverage Difficult

The “challenging” and “difficult” paths involve selling into condo apartment or condo townhouse buyer’s market conditions (74-day avg DOM, SNLR 15–41%) while buying in a more competitive detached or row townhouse segment. Timing and pricing strategy are critical for these paths.

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Factors Shaping the Simcoe County Market in 2026

Simcoe County’s market is shaped by its position as the GTHA’s northern affordability corridor — accessible by GO rail (Barrie and Bradford), Highway 400, and Highway 26/27. The county spans from Bradford in the south to Barrie in the north, with Innisfil, Collingwood, Wasaga Beach, and Midland adding recreational and lifestyle demand layers that don’t exist in York Region markets.

Bank of Canada Rate (CORRA)
Impact on: CMHC Access & Qualifying
3.0%
Overnight rate · Jan 29, 2026

Simcoe County’s median of $653,000 means virtually all condo product (sub-$500K) and much of the row townhouse market (sub-$700K) qualifies for CMHC-insured financing below the $1M threshold. Fixed 5-year rates at 4.1%–4.4% make the qualifying math accessible for dual-income households targeting Simcoe’s $600K–$700K range — a price point that requires approximately $125K–$140K household income under the stress test, well within reach of professional couples. Rate cuts since 2024 have materially expanded Simcoe’s buyer pool at the median price point.

Source: Bank of Canada Jan 29 2026
GO Rail Access (Barrie & Bradford Lines)
Impact on: Demand Anchoring
Operating
Barrie GO Line · Bradford GO Station · Union Station

Simcoe County has two active GO rail connections to Union Station: the Barrie GO Line (serving Barrie South, Innisfil, Bradford, and intermediate stations at ~90 min to Union from Barrie) and Bradford GO Station on the same corridor at ~60 min. The planned Bradford GO Line extension adds further Simcoe-area connectivity. GO rail access is the single most important demand driver differentiating Simcoe from other affordable Ontario markets outside the GTHA commuter zone — it enables Toronto employment while offering Simcoe pricing.

Source: Metrolinx Barrie Line · Bradford GO Station schedule
Affordability Relative to GTA/York Region
Impact on: Migration Demand
Significant
$653K Simcoe median vs. $800K+ York Region

Simcoe County’s $653,000 county median represents a $200,000–$400,000 discount to equivalent York Region product, with GO rail access providing comparable Toronto commute times. This affordability gradient drives sustained migration demand — first-time buyers priced out of York Region, families seeking more space, and retirees downsizing from high-equity GTA properties. The affordability migration story is structural and durable; Simcoe will continue absorbing GTA households seeking space, nature access, and lower housing costs for the foreseeable future.

Source: TRREB Feb 2026 data · York Region Housing Study 2025
Condo Apartment Supply Overhang
Impact on: Condo Segment Prices
Significant
SNLR 15% · 142 new listings · 22 sales · Feb 2026

The condo apartment segment is experiencing a supply overhang driven by investor resales of pre-construction units purchased 2019–2022 at higher prices. With a $407,500 median (below original purchase prices for many units) and 74-day average DOM, many condo sellers are absorbing losses or sitting on listings waiting for market improvement. This dynamic is not unique to Simcoe — it mirrors the GTA condo correction broadly — but Simcoe’s smaller rental demand base (fewer downtown-commuter renters) means condo inventory takes longer to clear. Resolution likely requires either price resets or absorption by owner-occupiers as investing calculus improves.

Source: TRREB MLS® Feb 2026 · CMHC Rental Market Report Simcoe
Trade & Tariff Risk (CUSMA)
Impact on: Buyer Confidence
Elevated
CUSMA review · US tariffs on Canadian goods

Simcoe County’s buyer pool includes a significant component of skilled trades, manufacturing, and logistics workers employed along the Highway 400 corridor, in Barrie’s industrial sector, and in Georgian Bay marine and tourism industries. These sectors have higher CUSMA exposure than the professional service employment typical of York Region. Trade resolution would provide a meaningful confidence boost to Simcoe’s buyer cohort — particularly in the $600K–$800K detached range where employment stability concerns are currently suppressing demand from an otherwise-qualified pool of households.

Source: BoC Jan 28 2026 · Statistics Canada Simcoe County employment
Population Growth & Barrie Expansion
Impact on: Long-Term Demand
Strong
Barrie CMA · One of Canada’s fastest-growing mid-sized cities

Barrie is consistently among Canada’s fastest-growing cities by percentage, with population growth driven by GTA migration, Laurentian University presence, and expanding Barrie employment in healthcare, retail, and professional services. Simcoe County’s wider population growth is sustained by both Barrie urbanization and rural/lifestyle migration to communities like Innisfil, Collingwood, and Wasaga Beach. Population growth trajectory is the most reliable long-term demand anchor for Simcoe County real estate — the 2026 buyer’s market is a supply-timing correction within a long-run growth story.

Source: Statistics Canada 2024 population estimates · City of Barrie Growth Plan
Lifestyle & Recreational Demand Layer
Impact on: Broader Demand Types
Unique to Simcoe
Georgian Bay · Skiing · Collingwood · Wasaga Beach

Unlike York Region municipalities, Simcoe County benefits from a recreational demand layer that is absent from purely commuter-driven markets. Collingwood (Blue Mountain skiing), Wasaga Beach (Georgian Bay waterfront), and Barrie (Lake Simcoe, Kempenfelt Bay) attract second-home buyers, retirees, and lifestyle migrants who are not primarily motivated by Toronto commute optimization. This recreational premium is structural — it diversifies Simcoe’s demand base beyond the Toronto employment catchment and provides a demand floor even when commuter-driven demand softens.

Source: TRREB Simcoe data · Blue Mountain Resort tourism data · Simcoe County Official Plan
New Construction Pipeline
Impact on: Resale Competition
Active & Completing
Barrie · Bradford · Innisfil · New build completions

Simcoe County has an active new construction pipeline in Bradford, Innisfil, and south Barrie that is delivering inventory and competing with resale listings. Investor-held pre-construction completions — particularly condos — are a primary driver of the condo apartment oversupply. The new construction pipeline is a near-term headwind for resale sellers; the medium-term outlook improves as the peak completion wave (2023–2026 projects) exhausts and new starts slow in response to the current buyer’s market pricing signals.

Source: CMHC Housing Starts Simcoe · Altus Group Q4 2025
5Positive
2Mixed / Watch
1Headwinds
Overall: Simcoe County’s strongest long-term fundamentals in this report series — GO access, affordability migration, population growth, and recreational demand layer — offset the near-term condo supply overhang and trade uncertainty headwinds

Simcoe County — Explore by Municipality

Simcoe County’s February 2026 TRREB data covers a wide geography — from Bradford in the south to Barrie, Innisfil, Collingwood, and beyond. County-level statistics are useful for broad market positioning, but individual property decisions require municipal-level analysis. Below are the available February 2026 market reports for Simcoe County municipalities.

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Property TypeFeb 2026 SalesMedian PriceSNLRAvg DOMCondition
Condo Townhouse26$494,00041%69Near-Balanced
Row Townhouse51$600,00039%38Near-Balanced
Semi-Detached14$598,50037%34Buyer-Leaning
Detached300$723,25032%50Buyer-Leaning
Condo Apartment22$407,50015%74Deep Buyer’s
Bradford West GwillimburyDeep Buyer’s
22 sales · $892,500 median · SNLR 21% · Row townhouses 104% SP/LP
Feb 2026  |  Full municipal report available
$892,500
SNLR 21%
Median
22
Sales
6.42
MOI
97%
SP/LP
Bradford is Simcoe County’s southernmost and most York Region-proximate municipality. Bradford GO Station provides ~60-minute peak service to Union Station. Row townhouses at 104% SP/LP are the standout segment in an otherwise deep buyer’s market (SNLR 21%). The 103 new listings against 22 sales produced a 4.7:1 listing-to-sale ratio — the sharpest supply imbalance in the Simcoe series. Sub-$900K median creates CMHC-insured financing access for most buyers.
Bradford GO StationHwy 400 CorridorRow Towns 104% SP/LPSNLR 21%
Read Full Bradford Report →
BarrieBuyer-Leaning
Simcoe County’s largest city · Barrie GO Line · Lake Simcoe access
Feb 2026  |  Individual Barrie report available
Barrie
Largest Simcoe market
Municipality
GO Rail
Barrie Line
~90 min
To Union
Growing
Population
Barrie is Simcoe County’s primary urban centre — contributing the largest share of county-level sales volume. Barrie’s condo apartment market is the primary driver of the county’s 15% SNLR condo reading (142 listings, 22 sales). Barrie also has some of Simcoe’s most diverse housing stock: waterfront properties on Kempenfelt Bay, established downtown neighbourhoods, and rapidly growing south-end subdivisions. For detailed Barrie-specific data by neighbourhood, see the full Barrie municipal report.
Largest Simcoe CityKempenfelt Bay WaterfrontBarrie GO LineCondo Market Active
Read Full Barrie Report →
InnisfilBuyer-Leaning
Innisfil GO Station · Lake Simcoe waterfront · Friday Harbour
Feb 2026  |  Individual Innisfil report available
Innisfil
Lakefront + commuter
Municipality
GO Rail
Innisfil Station
~75 min
To Union
Lake Simcoe
Waterfront Access
Innisfil sits between Barrie and Bradford on the western shore of Lake Simcoe, offering a unique combination of GO rail commuter access and waterfront lifestyle. Friday Harbour (an upscale lakeside resort community) drives a premium segment within the broader Innisfil market. Innisfil’s market has a dual character: suburban family homes near the GO station and lifestyle/waterfront properties at premium price points. See the full Innisfil report for municipality-specific data.
Innisfil GO StationLake Simcoe WaterfrontFriday HarbourDual Market Character
Read Full Innisfil Report →

County vs. Municipal Data: The county-level SNLR of 31% and median of $653,000 blend very different sub-markets. A condo apartment buyer in central Barrie and a detached buyer in Bradford are operating in entirely different market conditions, even though they appear in the same county-level statistics. Always use the municipal report for your specific target area when making offer or pricing decisions. The county report is most useful for understanding Simcoe’s relative position vs. York Region and the broader GTHA market direction.

Simcoe County Rental Market — 2026 Overview

Simcoe County’s rental market is more diverse than York Region’s — spanning Barrie’s urban apartment rental market, Bradford and Innisfil’s family townhome rental segment, and the seasonal/lifestyle rental markets of Collingwood and Wasaga Beach. The condo apartment supply overhang in the resale market is simultaneously creating pressure on Barrie rental prices as investor-held units enter the rental pool.

1 Bed Condo Apt — Barrie (est.)
$1,700–$2,100
per month  |  Barrie urban core / new builds
3 Bed Row Townhouse (est.)
$2,300–$2,700
per month  |  Bradford / Innisfil
Condo Vacancy Trend
Rising
New completions adding supply in Barrie
Townhome Vacancy
Stable
Family rental demand supports townhome market

For Renters in Simcoe: Simcoe County offers the most affordable rental rates with GO rail access in the GTHA. Barrie’s condo apartment supply increase is benefiting tenants — landlords are more negotiable on rent and terms than 2022–23 peaks. Families seeking 3-bedroom townhomes in Bradford or Innisfil will find more availability and more landlord flexibility than equivalent York Region searches. Collingwood and Wasaga Beach have seasonal premium rental dynamics; year-round rentals are more competitive.

For Landlords in Simcoe: Barrie condo apartment landlords face the most pressure — new completions are adding inventory, and rental rates have softened from 2022–23 peaks. Price aggressively and prioritize quality tenant selection over holdout pricing. Townhome and detached landlords in Bradford and Innisfil are in a better position — family rental demand is more stable and less affected by the condo completion wave. The long-term rental outlook improves as population growth continues and the new construction supply wave exhausts.

For municipal-specific rental data, see the individual community rental reports: Barrie  |  Bradford  |  Innisfil

Simcoe County Housing Market — Common Questions Answered

Prices & Market Conditions
What is the average home price in Simcoe County in 2026?+
In February 2026, the average sale price in Simcoe County is $718,214 and the median is $653,000. The $65,214 gap between average and median reflects detached homes (average $788,086) pulling the county average upward relative to the median, which is more influenced by condos and townhomes. By property type: detached median $723,250, row townhouse median $600,000, condo townhouse median $494,000, semi-detached median $598,500, condo apartment median $407,500. Always use the municipal report for your specific target area — county-level statistics blend very different sub-markets.
Is Simcoe County a buyer’s or seller’s market right now?+
Simcoe County is a buyer’s market at the county level (SNLR 31%), with significant variation by property type. Condo apartments are in a deep buyer’s market (SNLR 15%, 74-day avg DOM). Detached and semi-detached are buyer-leaning (32–37% SNLR). Row townhouses and condo townhouses are near-balanced (39–41% SNLR), and row townhouses are achieving 98% SP/LP. Your strategy should be calibrated to the specific product type you’re buying or selling — the county-wide SNLR is a starting point, not a complete picture.
Why is the Simcoe County condo apartment market so weak?+
Simcoe County’s condo apartment market has an SNLR of 15% and a 74-day average DOM because supply is dramatically outpacing demand. 142 new condo listings hit the market against only 22 sales in February 2026 — a 6.5:1 ratio. This oversupply has two drivers: investor resales of pre-construction units bought 2019–2022 at higher prices, and new construction completions adding inventory simultaneously. The $407,500 median (below many original pre-construction purchase prices) reflects the pricing reality of clearing this inventory. Resolution requires either further price decreases, improved buyer confidence, or time for the pipeline to exhaust.
Location & Communities
What municipalities are included in Simcoe County?+
Simcoe County includes Bradford West Gwillimbury, Barrie (a separate city within the Simcoe region for TRREB purposes), Innisfil, Collingwood, Wasaga Beach, Midland, Penetanguishene, Orillia (adjacent), and several townships including Essa, Adjala-Tosorontio, and Springwater. The TRREB Simcoe data covers the broader Simcoe County region. For this report series, individual reports are available for Bradford West Gwillimbury and Barrie, with additional municipalities covered in the county-level aggregate.
How does Simcoe County compare to York Region for buyers?+
Simcoe County offers a $200,000–$400,000 price discount to comparable York Region product, with GO rail access providing similar Toronto commute times to many York Region municipalities. Trade-offs: longer commutes in some cases (Barrie to Union is ~90 min vs. Newmarket GO at ~65 min), less established commercial infrastructure in newer communities, and higher exposure to the condo supply correction. The detached median of $723,250 in Simcoe vs. $1.1M–$1.24M in York Region is the most compelling comparison for detached buyers — similar family housing, similar commute access, $400K price difference.
Is Barrie a good place to invest in real estate?+
Barrie has strong long-term investment fundamentals: population growth, GO rail access, Lake Simcoe lifestyle appeal, and Laurentian University’s student rental demand. The near-term challenge is the condo apartment supply overhang — investor-held condos are competing for the same limited rental pool, compressing yields. The strongest current investment signal in Simcoe County is row townhouses (98% SP/LP, 39% SNLR, $600,000 median) — the combination of demand strength, affordability, and family rental appeal creates the most attractive risk-adjusted investment profile. For Barrie-specific neighbourhood analysis, see the full Barrie municipal report.
Buying & Financing
Can I get CMHC-insured financing in Simcoe County?+
Yes — for properties below $1,000,000. The majority of Simcoe County’s sales fall below the CMHC $1M threshold: the county median is $653,000, condo apartments average $496,148, row townhouses average $606,476, and semi-detached average $603,714. Even detached homes — with a $723,250 median — leave significant volume of product below $1M. CMHC-insured financing allows 5–10% down rather than 20%, significantly reducing the down payment barrier. This is a major affordability advantage over York Region markets where the majority of detached product is above $1M.
What is the difference between a condo apartment and condo townhouse in TRREB data?+
In TRREB’s property classification, a condo apartment is a stacked unit in a multi-storey building registered under a condominium corporation, typically with shared hallways and elevator access. A condo townhouse is a ground-oriented multi-level unit (usually 2–3 storeys) also registered under a condo corporation but with its own entrance, typically in a row or cluster configuration. Simcoe County reports both categories separately because both have meaningful sales volumes — unlike many York Region municipalities where condo townhouses are rare or grouped differently. In February 2026, condo townhouses (26 sales, SNLR 41%) are in considerably better demand condition than condo apartments (22 sales, SNLR 15%).
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MG

Matthew Gizzie

REALTOR® — Keller Williams Realty Centres, Newmarket

I specialize in York Region and Simcoe County real estate, with deep knowledge of Simcoe County across all price tiers and price tiers. These reports are built on real TRREB MLS® data — no fluff, no spin. Whether you’re buying in Jefferson, selling in Oak Ridges, or evaluating an investment in Langstaff, I’m happy to walk through what the numbers mean for your specific situation.

Data Sources & Methodology
Coverage
Resale transactions only. Source: TRREB MLS® System, Simcoe County area filter, February 2026. Excludes new construction, assignment sales, and private sales.
Key Definitions
SNLR: Sales ÷ new listings. MOI: Active listings ÷ monthly sales rate. DOM: Days from list to firm sale. SP/LP: Sale price as % of list price.
Limitations
With only 22 sales, all segment and community metrics carry high variance. Semi-detached (n=1), condo townhouse (n=1), link (n=1), and Rural BWG (n=1) are directional only. Bond Head had 0 sales. The semi-detached 149-day DOM represents a single outlier and should not be applied to the broader market. All data subject to TRREB revision.
Editorial Notes
Neighbourhood descriptions, commute times, and rental ranges are editorial estimates. Price trend chart prior months are estimated from York Region trends — only February 2026 is sourced directly from TRREB.

The data presented in this report is sourced from the TRREB MLS® System and reflects resale transactions recorded in February 2026 in Simcoe County, Ontario. All metrics are for informational purposes only and do not constitute financial or investment advice. MLS® is a registered trademark of the Canadian Real Estate Association. Matthew Gizzie is a registered REALTOR® with Keller Williams Realty Centres, Brokerage. Price trend chart: February 2026 county median of $653,000 is confirmed from TRREB. All prior months are estimated directionally from Simcoe County trends. County-level medians are a blend of diverse municipal markets. Individual municipal confirmed data points in respective municipal reports.


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Data sourced from TRREB MLS® System. Not intended to solicit buyers or sellers currently under contract with a brokerage.

Proudly serving York Region, Simcoe Region, and surrounding communities with expert real estate services. Matthew Gizzie - Your Trusted Local Realtor. Brokerage: Keller Williams Realty Centres The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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