Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$725,598
MoM +$10,440 +1.5% up $10,440, 1.5% versus March 2018 YoY −8.2% down 8.2% versus April 2017
Source: TRREB MarketWatch, April 2018
3 areas
Peel Region
April 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.
$670,000
MoM +$5,000 +0.8% up $5,000, 0.8% versus March 2018 YoY −8.7% down 8.7% versus April 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 March 2018 YoY n/a not available, prior month not on file versus April 2017
Sales — Firm transactions reported through the MLS® System during the month.
1,689
MoM +143 +9.2% up 143, 9.2% versus March 2018 YoY −28.6% down 28.6% versus April 2017
Dollar volume — Total value of all sales in the month.
$1.23B
MoM +$119,901,331 +10.8% up $119,901,331, 10.8% versus March 2018 YoY −34.5% down 34.5% versus April 2017
New listings — Properties newly listed during the month.
3,211
MoM +240 +8.1% up 240, 8.1% versus March 2018 YoY −30.0% down 30.0% versus April 2017
Active listings — Listings available at month end.
3,175
MoM +378 +13.5% up 378, 13.5% versus March 2018 YoY +21.4% up 21.4% versus April 2017
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
19
MoM no change no change versus March 2018 YoY +137.5% up 137.5% versus April 2017
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
98%
MoM no change no change versus March 2018 YoY −10.1% down 10.1% versus April 2017
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
52.6%
MoM +0.6 pp +1.1% up 0.6 pp, 1.1% versus March 2018 YoY +2.0% up 2.0% versus April 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.
1.9
MoM +0 +3.9% up 0, 3.9% versus March 2018 YoY +70.1% up 70.1% versus April 2017
Trend
13 months to April 2018
Average price
| Month | Average price |
|---|---|
| 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 |
| Mar '18 | 715158 |
| Apr '18 | 725598 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Mar '18 | 1546 |
| Apr '18 | 1689 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,689 | +143 +9.2% up 143, 9.2% versus March 2018 | $725,598 | +$10,440 +1.5% up $10,440, 1.5% versus March 2018 | $670,000 | 52.6% | 1.9 |
| Detached | 754 | +69 +10.1% up 69, 10.1% versus March 2018 | $938,529 | +$24,072 +2.6% up $24,072, 2.6% versus March 2018 | $860,000 | 45.8% | 2.4 |
| Semi-detached | 257 | +6 +2.4% up 6, 2.4% versus March 2018 | $664,639 | +$766 +0.1% up $766, 0.1% versus March 2018 | $664,000 | 55.0% | 1.4 |
| Att/row/townhouse | 180 | +52 +40.6% up 52, 40.6% versus March 2018 | $636,960 | +$6,169 +1.0% up $6,169, 1.0% versus March 2018 | $628,500 | 59.2% | 1.4 |
| Condo townhouse | 190 | +15 +8.6% up 15, 8.6% versus March 2018 | $526,426 | −$31,697 −5.7% down $31,697, 5.7% versus March 2018 | $516,500 | 55.7% | 1.7 |
| Condo apartment | 301 | +5 +1.7% up 5, 1.7% versus March 2018 | $424,449 | +$850 +0.2% up $850, 0.2% versus March 2018 | $405,000 | 68.4% | 1.4 |
| Link | 7 | −3 −30.0% down 3, 30.0% versus March 2018 | $662,772 | −$92,328 −12.2% down $92,328, 12.2% versus March 2018 | $640,000 | 50.0% | 2.3 |
| Co-op apartment | 0 | no change no change versus March 2018 | — | n/a not available, prior month not on file versus March 2018 | — | — | — |
| Detached condo | 0 | −1 −100.0% down 1, 100.0% versus March 2018 | — | n/a not available, prior month not on file versus March 2018 | — | — | — |
| Co-ownership apartment | 0 | no change no change versus March 2018 | — | n/a not available, prior month not on file versus March 2018 | — | — | — |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Caledon +3.9% up 3.9%
- Brampton +1.8% up 1.8%
- Mississauga +0.6% up 0.6%
Bottom 5
- Mississauga +0.6% up 0.6%
- Brampton +1.8% up 1.8%
- Caledon +3.9% up 3.9%
Sales, month-over-month
Top 5
- Caledon +21.3% up 21.3%
- Brampton +15.0% up 15.0%
- Mississauga +2.9% up 2.9%
Bottom 5
- Mississauga +2.9% up 2.9%
- Brampton +15.0% up 15.0%
- Caledon +21.3% up 21.3%
Peel Region
Caledon
Caledon, Peel Region
$962,721
+$36,107 +3.9% up $36,107, 3.9% versus March 2018
- Sales
- 91
- SP/LP
- 97%
- DOM
- 31
- SNLR
- 47.4%
Mississauga
Mississauga, Peel Region
$721,160
+$4,470 +0.6% up $4,470, 0.6% versus March 2018
- Sales
- 791
- SP/LP
- 98%
- DOM
- 19
- SNLR
- 52.7%
Brampton
Brampton, Peel Region
$703,210
+$12,322 +1.8% up $12,322, 1.8% versus March 2018
- Sales
- 807
- SP/LP
- 99%
- DOM
- 18
- SNLR
- 53.1%
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 | 91 | +16 +21.3% up 16, 21.3% versus March 2018 | $87.6M | $962,721 | +$36,107 +3.9% up $36,107, 3.9% versus March 2018 | $835,000 | 192 | 264 | 97% | 31 | — | 47.4% | 2.9 |
| Mississauga Mississauga, Peel Region | 791 | +22 +2.9% up 22, 2.9% versus March 2018 | $570.4M | $721,160 | +$4,470 +0.6% up $4,470, 0.6% versus March 2018 | $649,000 | 1,500 | 1,511 | 98% | 19 | — | 52.7% | 1.9 |
| Brampton Brampton, Peel Region | 807 | +105 +15.0% up 105, 15.0% versus March 2018 | $567.5M | $703,210 | +$12,322 +1.8% up $12,322, 1.8% versus March 2018 | $670,000 | 1,519 | 1,400 | 99% | 18 | — | 53.1% | 1.7 |