Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$735,690
MoM +$10,092 +1.4% up $10,092, 1.4% versus April 2018 YoY −4.2% down 4.2% versus May 2017
Source: TRREB MarketWatch, May 2018
3 areas
Peel Region
May 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.
$679,900
MoM +$9,900 +1.5% up $9,900, 1.5% versus April 2018 YoY −2.9% down 2.9% versus May 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 April 2018 YoY n/a not available, prior month not on file versus May 2017
Sales — Firm transactions reported through the MLS® System during the month.
1,807
MoM +118 +7.0% up 118, 7.0% versus April 2018 YoY −14.3% down 14.3% versus May 2017
Dollar volume — Total value of all sales in the month.
$1.33B
MoM +$103,855,686 +8.5% up $103,855,686, 8.5% versus April 2018 YoY −17.9% down 17.9% versus May 2017
New listings — Properties newly listed during the month.
3,649
MoM +438 +13.6% up 438, 13.6% versus April 2018 YoY −33.7% down 33.7% versus May 2017
Active listings — Listings available at month end.
3,542
MoM +367 +11.6% up 367, 11.6% versus April 2018 YoY −6.7% down 6.7% versus May 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 April 2018 YoY +72.7% up 72.7% versus May 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 April 2018 YoY −4.9% down 4.9% versus May 2017
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
49.5%
MoM −3.1 pp −5.9% down 3.1 pp, 5.9% versus April 2018 YoY +29.3% up 29.3% versus May 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.
2.0
MoM +0 +4.3% up 0, 4.3% versus April 2018 YoY +8.9% up 8.9% versus May 2017
Trend
13 months to May 2018
Average price
| Month | Average price |
|---|---|
| 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 |
| May '18 | 735690 |
Sales
| Month | Sales |
|---|---|
| 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 |
| May '18 | 1807 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,807 | +118 +7.0% up 118, 7.0% versus April 2018 | $735,690 | +$10,092 +1.4% up $10,092, 1.4% versus April 2018 | $679,900 | 49.5% | 2.0 |
| Detached | 845 | +91 +12.1% up 91, 12.1% versus April 2018 | $937,813 | −$716 −0.1% down $716, 0.1% versus April 2018 | $860,000 | 44.3% | 2.4 |
| Semi-detached | 276 | +19 +7.4% up 19, 7.4% versus April 2018 | $671,321 | +$6,682 +1.0% up $6,682, 1.0% versus April 2018 | $668,000 | 54.1% | 1.5 |
| Att/row/townhouse | 157 | −23 −12.8% down 23, 12.8% versus April 2018 | $626,993 | −$9,967 −1.6% down $9,967, 1.6% versus April 2018 | $619,900 | 51.1% | 1.8 |
| Condo townhouse | 215 | +25 +13.2% up 25, 13.2% versus April 2018 | $538,127 | +$11,701 +2.2% up $11,701, 2.2% versus April 2018 | $529,900 | 55.4% | 1.7 |
| Condo apartment | 298 | −3 −1.0% down 3, 1.0% versus April 2018 | $425,079 | +$630 +0.1% up $630, 0.1% versus April 2018 | $400,000 | 58.4% | 1.6 |
| Link | 16 | +9 +128.6% up 9, 128.6% versus April 2018 | $677,875 | +$15,103 +2.3% up $15,103, 2.3% versus April 2018 | $673,250 | 64.0% | 1.0 |
| Co-op apartment | 0 | no change no change versus April 2018 | — | n/a not available, prior month not on file versus April 2018 | — | — | — |
| Detached condo | 0 | no change no change versus April 2018 | — | n/a not available, prior month not on file versus April 2018 | — | 0.0% | — |
| Co-ownership apartment | 0 | no change no change versus April 2018 | — | n/a not available, prior month not on file versus April 2018 | — | — | — |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Mississauga +1.9% up 1.9%
- Brampton +1.3% up 1.3%
- Caledon −3.2% down 3.2%
Bottom 5
- Caledon −3.2% down 3.2%
- Brampton +1.3% up 1.3%
- Mississauga +1.9% up 1.9%
Sales, month-over-month
Top 5
- Caledon +12.1% up 12.1%
- Mississauga +11.4% up 11.4%
- Brampton +2.1% up 2.1%
Bottom 5
- Brampton +2.1% up 2.1%
- Mississauga +11.4% up 11.4%
- Caledon +12.1% up 12.1%
Peel Region
Caledon
Caledon, Peel Region
$931,957
−$30,764 −3.2% down $30,764, 3.2% versus April 2018
- Sales
- 102
- SP/LP
- 97%
- DOM
- 24
- SNLR
- 46.6%
Mississauga
Mississauga, Peel Region
$734,772
+$13,612 +1.9% up $13,612, 1.9% versus April 2018
- Sales
- 881
- SP/LP
- 98%
- DOM
- 19
- SNLR
- 48.4%
Brampton
Brampton, Peel Region
$712,376
+$9,166 +1.3% up $9,166, 1.3% versus April 2018
- Sales
- 824
- SP/LP
- 98%
- DOM
- 19
- SNLR
- 51.2%
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 | 102 | +11 +12.1% up 11, 12.1% versus April 2018 | $95.1M | $931,957 | −$30,764 −3.2% down $30,764, 3.2% versus April 2018 | $849,500 | 219 | 281 | 97% | 24 | — | 46.6% | 2.8 |
| Mississauga Mississauga, Peel Region | 881 | +90 +11.4% up 90, 11.4% versus April 2018 | $647.3M | $734,772 | +$13,612 +1.9% up $13,612, 1.9% versus April 2018 | $669,000 | 1,820 | 1,736 | 98% | 19 | — | 48.4% | 2.0 |
| Brampton Brampton, Peel Region | 824 | +17 +2.1% up 17, 2.1% versus April 2018 | $587.0M | $712,376 | +$9,166 +1.3% up $9,166, 1.3% versus April 2018 | $668,000 | 1,610 | 1,525 | 98% | 19 | — | 51.2% | 1.9 |