Source: TRREB MarketWatch, September 2018

3 areas

Peel Region

September 2018

Headline indicators

All home types

Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.

$726,414

MoM +$23,072 +3.3% YoY +7.8%

Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.

$665,000

MoM +$1,750 +0.3% YoY +4.9%

MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.

—

MoM n/a YoY n/a

Sales — Firm transactions reported through the MLS® System during the month.

1,315

MoM −131 −9.1% YoY +2.1%

Dollar volume — Total value of all sales in the month.

$955.2M

MoM −$61,797,239 −6.1% YoY +10.0%

New listings — Properties newly listed during the month.

2,952

MoM +305 +11.5% YoY −10.8%

Active listings — Listings available at month end.

3,549

MoM +224 +6.7% YoY −7.1%

Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.

MoM −1 day −4.2% YoY −4.2%

Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.

98%

MoM no change YoY +1.0%

SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.

44.5%

MoM −10.1 pp −18.5% YoY +14.4%

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.

2.7

MoM +0 +17.4% YoY −9.0%

Trend

13 months to September 2018

Average price

Peel Region average selling price over the 13 months ending September 2018.
Month	Average price
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
Jun '18	720215
Jul '18	716077
Aug '18	703342
Sep '18	726414

Sales

Peel Region sales over the 13 months ending September 2018.
Month	Sales
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
Jun '18	1693
Jul '18	1466
Aug '18	1446
Sep '18	1315

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,315	−131 −9.1% down 131, 9.1% versus August 2018	$726,414	+$23,072 +3.3% up $23,072, 3.3% versus August 2018	$665,000	44.5%	2.7
Detached	573	−61 −9.6% down 61, 9.6% versus August 2018	$940,145	+$41,602 +4.6% up $41,602, 4.6% versus August 2018	$845,000	35.3%	3.6
Semi-detached	235	+18 +8.3% up 18, 8.3% versus August 2018	$674,879	−$4,905 −0.7% down $4,905, 0.7% versus August 2018	$660,000	53.3%	1.9
Att/row/townhouse	123	−7 −5.4% down 7, 5.4% versus August 2018	$623,661	−$6,849 −1.1% down $6,849, 1.1% versus August 2018	$609,000	51.3%	2.3
Condo townhouse	144	−34 −19.1% down 34, 19.1% versus August 2018	$543,812	+$4,124 +0.8% up $4,124, 0.8% versus August 2018	$520,000	50.7%	2.3
Condo apartment	234	−41 −14.9% down 41, 14.9% versus August 2018	$421,696	+$14,631 +3.6% up $14,631, 3.6% versus August 2018	$399,000	66.9%	1.7
Link	5	−5 −50.0% down 5, 50.0% versus August 2018	$701,900	−$2,000 −0.3% down $2,000, 0.3% versus August 2018	$690,000	45.5%	2.4
Co-op apartment	0	no change no change versus August 2018	—	n/a not available, prior month not on file versus August 2018	—	0.0%	—
Detached condo	1	−1 −50.0% down 1, 50.0% versus August 2018	$730,000	−$685,000 −48.4% down $685,000, 48.4% versus August 2018	$730,000	33.3%	3.0
Co-ownership apartment	0	no change no change versus August 2018	—	n/a not available, prior month not on file versus August 2018	—	—	—

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Caledon +9.2% up 9.2%
Mississauga +7.5% up 7.5%
Brampton −2.6% down 2.6%

Bottom 5

Brampton −2.6% down 2.6%
Mississauga +7.5% up 7.5%
Caledon +9.2% up 9.2%

Sales, month-over-month

Top 5

Caledon +26.2% up 26.2%
Brampton −7.9% down 7.9%
Mississauga −13.4% down 13.4%

Bottom 5

Mississauga −13.4% down 13.4%
Brampton −7.9% down 7.9%
Caledon +26.2% up 26.2%

Peel Region

Caledon

Caledon, Peel Region

$927,642

+$77,904 +9.2% up $77,904, 9.2% versus August 2018

Sales: 82
SP/LP: 97%
DOM: 30
SNLR: 38.7%

Full history →

Mississauga

Mississauga, Peel Region

$734,901

+$51,082 +7.5% up $51,082, 7.5% versus August 2018

Sales: 615
SP/LP: 97%
DOM: 23
SNLR: 45.5%

Full history →

Brampton

Brampton, Peel Region

$691,269

−$18,549 −2.6% down $18,549, 2.6% versus August 2018

Sales: 618
SP/LP: 98%
DOM: 23
SNLR: 44.6%

Full history →

All Peel Region areas

Home type

3 areas

Area	Sales	MoM	$ volume	Average	MoM	Median	New	Active	SP/LP	LDOM	PDOM	SNLR	MOI
Caledon Caledon, Peel Region	82	+17 +26.2% up 17, 26.2% versus August 2018	$76.1M	$927,642	+$77,904 +9.2% up $77,904, 9.2% versus August 2018	$819,125	212	327	97%	30	—	38.7%	4.0
Mississauga Mississauga, Peel Region	615	−95 −13.4% down 95, 13.4% versus August 2018	$452.0M	$734,901	+$51,082 +7.5% up $51,082, 7.5% versus August 2018	$653,000	1,353	1,578	97%	23	—	45.5%	2.6
Brampton Brampton, Peel Region	618	−53 −7.9% down 53, 7.9% versus August 2018	$427.2M	$691,269	−$18,549 −2.6% down $18,549, 2.6% versus August 2018	$660,000	1,387	1,644	98%	23	—	44.6%	2.7