Source: TRREB MarketWatch, January 2019

3 areas

Peel Region

January 2019

Headline indicators

All home types

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

$696,690

MoM −$4,737 −0.7% YoY +4.9%

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

$649,250

MoM −$750 −0.1% YoY +5.1%

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.

894

MoM +112 +14.3% YoY +0.8%

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

$622.8M

MoM +$74,324,956 +13.6% YoY +5.8%

New listings — Properties newly listed during the month.

1,713

MoM +835 +95.1% YoY +4.9%

Active listings — Listings available at month end.

1,896

MoM no change YoY −13.6%

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

MoM +1 day +3.6% YoY −9.4%

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

98%

MoM +1.0 pp +1.0% YoY +1.0%

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

52.2%

MoM −36.9 pp −41.4% YoY −3.9%

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.

2.1

MoM −0 −12.5% YoY −14.3%

Trend

13 months to January 2019

Average price

Peel Region average selling price over the 13 months ending January 2019.
Month	Average price
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
Oct '18	712798
Nov '18	719649
Dec '18	701427
Jan '19	696690

Sales

Peel Region sales over the 13 months ending January 2019.
Month	Sales
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
Oct '18	1457
Nov '18	1228
Dec '18	782
Jan '19	894

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	894	+112 +14.3% up 112, 14.3% versus December 2018	$696,690	−$4,737 −0.7% down $4,737, 0.7% versus December 2018	$649,250	52.2%	2.1
Detached	355	+18 +5.3% up 18, 5.3% versus December 2018	$908,354	+$8,656 +1.0% up $8,656, 1.0% versus December 2018	$822,000	40.6%	3.3
Semi-detached	155	+29 +23.0% up 29, 23.0% versus December 2018	$670,598	+$1,655 +0.2% up $1,655, 0.2% versus December 2018	$665,900	69.5%	1.1
Att/row/townhouse	95	+21 +28.4% up 21, 28.4% versus December 2018	$647,889	+$28,788 +4.6% up $28,788, 4.6% versus December 2018	$640,000	65.1%	1.5
Condo townhouse	103	+13 +14.4% up 13, 14.4% versus December 2018	$512,341	−$31,993 −5.9% down $31,993, 5.9% versus December 2018	$500,000	69.6%	1.3
Condo apartment	180	+28 +18.4% up 28, 18.4% versus December 2018	$433,054	+$10,699 +2.5% up $10,699, 2.5% versus December 2018	$420,500	57.5%	1.6
Link	6	+3 +100.0% up 3, 100.0% versus December 2018	$693,667	+$17,333 +2.6% up $17,333, 2.6% versus December 2018	$695,000	120.0%	0.3
Co-op apartment	0	no change no change versus December 2018	—	n/a not available, prior month not on file versus December 2018	—	—	—
Detached condo	0	no change no change versus December 2018	—	n/a not available, prior month not on file versus December 2018	—	0.0%	—
Co-ownership apartment	0	no change no change versus December 2018	—	n/a not available, prior month not on file versus December 2018	—	—	—

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Mississauga +4.7% up 4.7%
Brampton −2.5% down 2.5%
Caledon −16.7% down 16.7%

Bottom 5

Caledon −16.7% down 16.7%
Brampton −2.5% down 2.5%
Mississauga +4.7% up 4.7%

Sales, month-over-month

Top 5

Brampton +23.0% up 23.0%
Mississauga +7.2% up 7.2%
Caledon −2.3% down 2.3%

Bottom 5

Caledon −2.3% down 2.3%
Mississauga +7.2% up 7.2%
Brampton +23.0% up 23.0%

Peel Region

Caledon

Caledon, Peel Region

$816,147

−$163,369 −16.7% down $163,369, 16.7% versus December 2018

Sales: 42
SP/LP: 97%
DOM: 44
SNLR: 36.2%

Full history →

Mississauga

Mississauga, Peel Region

$705,484

+$31,534 +4.7% up $31,534, 4.7% versus December 2018

Sales: 386
SP/LP: 97%
DOM: 29
SNLR: 48.4%

Full history →

Brampton

Brampton, Peel Region

$678,638

−$17,337 −2.5% down $17,337, 2.5% versus December 2018

Sales: 466
SP/LP: 98%
DOM: 29
SNLR: 58.3%

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	42	−1 −2.3% down 1, 2.3% versus December 2018	$34.3M	$816,147	−$163,369 −16.7% down $163,369, 16.7% versus December 2018	$810,000	116	190	97%	44	—	36.2%	4.5
Mississauga Mississauga, Peel Region	386	+26 +7.2% up 26, 7.2% versus December 2018	$272.3M	$705,484	+$31,534 +4.7% up $31,534, 4.7% versus December 2018	$603,750	797	877	97%	29	—	48.4%	2.3
Brampton Brampton, Peel Region	466	+87 +23.0% up 87, 23.0% versus December 2018	$316.2M	$678,638	−$17,337 −2.5% down $17,337, 2.5% versus December 2018	$651,000	800	829	98%	29	—	58.3%	1.8