Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$686,621
MoM +$22,725 +3.4% up $22,725, 3.4% versus January 2018 YoY −6.4% down 6.4% versus February 2017
Source: TRREB MarketWatch, February 2018
3 areas
Peel Region
February 2018
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$635,000
MoM +$17,000 +2.8% up $17,000, 2.8% versus January 2018 YoY −7.3% down 7.3% versus February 2017
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
—
MoM n/a not available, prior month not on file versus January 2018 YoY n/a not available, prior month not on file versus February 2017
Sales — Firm transactions reported through the MLS® System during the month.
1,024
MoM +137 +15.4% up 137, 15.4% versus January 2018 YoY −37.0% down 37.0% versus February 2017
Dollar volume — Total value of all sales in the month.
$703.1M
MoM +$114,224,267 +19.4% up $114,224,267, 19.4% versus January 2018 YoY −41.1% down 41.1% versus February 2017
New listings — Properties newly listed during the month.
1,965
MoM +332 +20.3% up 332, 20.3% versus January 2018 YoY +0.3% up 0.3% versus February 2017
Active listings — Listings available at month end.
2,326
MoM +131 +6.0% up 131, 6.0% versus January 2018 YoY +159.3% up 159.3% versus February 2017
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
24
MoM −8 days −25.0% down 8 days, 25.0% versus January 2018 YoY +118.2% up 118.2% versus February 2017
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
97%
MoM no change no change versus January 2018 YoY −9.3% down 9.3% versus February 2017
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
52.1%
MoM −2.2 pp −4.1% down 2.2 pp, 4.1% versus January 2018 YoY −37.2% down 37.2% versus February 2017
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.
2.3
MoM −0 −8.2% down 0, 8.2% versus January 2018 YoY +311.8% up 311.8% versus February 2017
Trend
13 months to February 2018
Average price
| Month | Average price |
|---|---|
| Feb '17 | 733799 |
| Mar '17 | 790251 |
| Apr '17 | 790298 |
| May '17 | 767848 |
| Jun '17 | 708425 |
| Jul '17 | 686772 |
| Aug '17 | 653845 |
| Sep '17 | 674107 |
| Oct '17 | 689294 |
| Nov '17 | 676948 |
| Dec '17 | 677926 |
| Jan '18 | 663896 |
| Feb '18 | 686621 |
Sales
| Month | Sales |
|---|---|
| Feb '17 | 1626 |
| Mar '17 | 2382 |
| Apr '17 | 2366 |
| May '17 | 2108 |
| Jun '17 | 1662 |
| Jul '17 | 1313 |
| Aug '17 | 1307 |
| Sep '17 | 1288 |
| Oct '17 | 1416 |
| Nov '17 | 1554 |
| Dec '17 | 1076 |
| Jan '18 | 887 |
| Feb '18 | 1024 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,024 | +137 +15.4% up 137, 15.4% versus January 2018 | $686,621 | +$22,725 +3.4% up $22,725, 3.4% versus January 2018 | $635,000 | 52.1% | 2.3 |
| Detached | 418 | +63 +17.7% up 63, 17.7% versus January 2018 | $915,210 | +$34,050 +3.9% up $34,050, 3.9% versus January 2018 | $813,056 | 42.4% | 3.2 |
| Semi-detached | 151 | +9 +6.3% up 9, 6.3% versus January 2018 | $650,008 | +$3,275 +0.5% up $3,275, 0.5% versus January 2018 | $647,500 | 54.1% | 1.8 |
| Att/row/townhouse | 101 | +24 +31.2% up 24, 31.2% versus January 2018 | $625,279 | +$22,454 +3.7% up $22,454, 3.7% versus January 2018 | $619,000 | 62.4% | 1.8 |
| Condo townhouse | 116 | +1 +0.9% up 1, 0.9% versus January 2018 | $524,950 | +$15,374 +3.0% up $15,374, 3.0% versus January 2018 | $523,500 | 61.7% | 1.8 |
| Condo apartment | 232 | +41 +21.5% up 41, 21.5% versus January 2018 | $406,661 | +$13,735 +3.5% up $13,735, 3.5% versus January 2018 | $390,000 | 69.0% | 1.4 |
| Link | 6 | +1 +20.0% up 1, 20.0% versus January 2018 | $666,333 | −$6,467 −1.0% down $6,467, 1.0% versus January 2018 | $660,000 | 60.0% | 1.5 |
| Co-op apartment | 0 | −1 −100.0% down 1, 100.0% versus January 2018 | — | n/a not available, prior month not on file versus January 2018 | — | — | — |
| Detached condo | 0 | −1 −100.0% down 1, 100.0% versus January 2018 | — | n/a not available, prior month not on file versus January 2018 | — | 0.0% | — |
| Co-ownership apartment | 0 | no change no change versus January 2018 | — | n/a not available, prior month not on file versus January 2018 | — | — | — |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Caledon +16.0% up 16.0%
- Mississauga +3.9% up 3.9%
- Brampton +1.0% up 1.0%
Bottom 5
- Brampton +1.0% up 1.0%
- Mississauga +3.9% up 3.9%
- Caledon +16.0% up 16.0%
Sales, month-over-month
Top 5
- Caledon +20.8% up 20.8%
- Mississauga +17.6% up 17.6%
- Brampton +12.8% up 12.8%
Bottom 5
- Brampton +12.8% up 12.8%
- Mississauga +17.6% up 17.6%
- Caledon +20.8% up 20.8%
Peel Region
Caledon
Caledon, Peel Region
$1,014,685
+$140,272 +16.0% up $140,272, 16.0% versus January 2018
- Sales
- 58
- SP/LP
- 96%
- DOM
- 29
- SNLR
- 47.1%
Brampton
Brampton, Peel Region
$677,951
+$6,619 +1.0% up $6,619, 1.0% versus January 2018
- Sales
- 485
- SP/LP
- 98%
- DOM
- 24
- SNLR
- 51.2%
Mississauga
Mississauga, Peel Region
$655,804
+$24,432 +3.9% up $24,432, 3.9% versus January 2018
- Sales
- 481
- SP/LP
- 97%
- DOM
- 23
- SNLR
- 53.8%
All Peel Region areas
3 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Caledon Caledon, Peel Region | 58 | +10 +20.8% up 10, 20.8% versus January 2018 | $58.9M | $1,014,685 | +$140,272 +16.0% up $140,272, 16.0% versus January 2018 | $742,500 | 123 | 209 | 96% | 29 | — | 47.1% | 3.6 |
| Brampton Brampton, Peel Region | 485 | +55 +12.8% up 55, 12.8% versus January 2018 | $328.8M | $677,951 | +$6,619 +1.0% up $6,619, 1.0% versus January 2018 | $650,000 | 948 | 1,081 | 98% | 24 | — | 51.2% | 2.2 |
| Mississauga Mississauga, Peel Region | 481 | +72 +17.6% up 72, 17.6% versus January 2018 | $315.4M | $655,804 | +$24,432 +3.9% up $24,432, 3.9% versus January 2018 | $580,000 | 894 | 1,036 | 97% | 23 | — | 53.8% | 2.1 |