Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$712,623
MoM +$15,933 +2.3% up $15,933, 2.3% versus January 2019 YoY +3.8% up 3.8% versus February 2018
Source: TRREB MarketWatch, February 2019
3 areas
Peel Region
February 2019
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$667,500
MoM +$18,250 +2.8% up $18,250, 2.8% versus January 2019 YoY +5.1% up 5.1% versus February 2018
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 2019 YoY n/a not available, prior month not on file versus February 2018
Sales — Firm transactions reported through the MLS® System during the month.
1,055
MoM +161 +18.0% up 161, 18.0% versus January 2019 YoY +3.0% up 3.0% versus February 2018
Dollar volume — Total value of all sales in the month.
$751.8M
MoM +$128,976,493 +20.7% up $128,976,493, 20.7% versus January 2019 YoY +6.9% up 6.9% versus February 2018
New listings — Properties newly listed during the month.
1,801
MoM +88 +5.1% up 88, 5.1% versus January 2019 YoY −8.3% down 8.3% versus February 2018
Active listings — Listings available at month end.
2,052
MoM +156 +8.2% up 156, 8.2% versus January 2019 YoY −11.8% down 11.8% versus February 2018
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
21
MoM −8 days −27.6% down 8 days, 27.6% versus January 2019 YoY −12.5% down 12.5% versus February 2018
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 January 2019 YoY +1.0% up 1.0% versus February 2018
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
58.6%
MoM +6.4 pp +12.2% up 6.4 pp, 12.2% versus January 2019 YoY +12.4% up 12.4% versus February 2018
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 −8.3% down 0, 8.3% versus January 2019 YoY −14.4% down 14.4% versus February 2018
Trend
13 months to February 2019
Average price
| Month | Average price |
|---|---|
| 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 |
| Feb '19 | 712623 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Feb '19 | 1055 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,055 | +161 +18.0% up 161, 18.0% versus January 2019 | $712,623 | +$15,933 +2.3% up $15,933, 2.3% versus January 2019 | $667,500 | 58.6% | 1.9 |
| Detached | 460 | +105 +29.6% up 105, 29.6% versus January 2019 | $913,953 | +$5,599 +0.6% up $5,599, 0.6% versus January 2019 | $849,450 | 53.4% | 2.6 |
| Semi-detached | 147 | −8 −5.2% down 8, 5.2% versus January 2019 | $687,999 | +$17,401 +2.6% up $17,401, 2.6% versus January 2019 | $662,000 | 53.3% | 1.6 |
| Att/row/townhouse | 107 | +12 +12.6% up 12, 12.6% versus January 2019 | $638,590 | −$9,299 −1.4% down $9,299, 1.4% versus January 2019 | $635,000 | 68.6% | 1.3 |
| Condo townhouse | 97 | −6 −5.8% down 6, 5.8% versus January 2019 | $554,559 | +$42,218 +8.2% up $42,218, 8.2% versus January 2019 | $545,000 | 53.9% | 1.8 |
| Condo apartment | 237 | +57 +31.7% up 57, 31.7% versus January 2019 | $436,352 | +$3,298 +0.8% up $3,298, 0.8% versus January 2019 | $424,900 | 75.2% | 1.2 |
| Link | 4 | −2 −33.3% down 2, 33.3% versus January 2019 | $732,500 | +$38,833 +5.6% up $38,833, 5.6% versus January 2019 | $710,000 | 66.7% | 0.8 |
| Co-op apartment | 0 | no change no change versus January 2019 | — | n/a not available, prior month not on file versus January 2019 | — | 0.0% | — |
| Detached condo | 2 | +2 up 2 versus January 2019 | $767,500 | n/a not available, prior month not on file versus January 2019 | $767,500 | 40.0% | 4.0 |
| Co-ownership apartment | 1 | +1 up 1 versus January 2019 | $261,000 | n/a not available, prior month not on file versus January 2019 | $261,000 | — | 0.0 |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Caledon +4.5% up 4.5%
- Brampton +3.1% up 3.1%
- Mississauga +1.0% up 1.0%
Bottom 5
- Mississauga +1.0% up 1.0%
- Brampton +3.1% up 3.1%
- Caledon +4.5% up 4.5%
Sales, month-over-month
Top 5
- Mississauga +35.5% up 35.5%
- Caledon +4.8% up 4.8%
- Brampton +4.7% up 4.7%
Bottom 5
- Brampton +4.7% up 4.7%
- Caledon +4.8% up 4.8%
- Mississauga +35.5% up 35.5%
Peel Region
Caledon
Caledon, Peel Region
$852,736
+$36,589 +4.5% up $36,589, 4.5% versus January 2019
- Sales
- 44
- SP/LP
- 97%
- DOM
- 37
- SNLR
- 35.5%
Mississauga
Mississauga, Peel Region
$712,625
+$7,141 +1.0% up $7,141, 1.0% versus January 2019
- Sales
- 523
- SP/LP
- 98%
- DOM
- 20
- SNLR
- 60.0%
Brampton
Brampton, Peel Region
$699,988
+$21,350 +3.1% up $21,350, 3.1% versus January 2019
- Sales
- 488
- SP/LP
- 98%
- DOM
- 22
- SNLR
- 60.5%
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 | 44 | +2 +4.8% up 2, 4.8% versus January 2019 | $37.5M | $852,736 | +$36,589 +4.5% up $36,589, 4.5% versus January 2019 | $785,950 | 124 | 232 | 97% | 37 | — | 35.5% | 5.3 |
| Mississauga Mississauga, Peel Region | 523 | +137 +35.5% up 137, 35.5% versus January 2019 | $372.7M | $712,625 | +$7,141 +1.0% up $7,141, 1.0% versus January 2019 | $636,000 | 871 | 955 | 98% | 20 | — | 60.0% | 1.8 |
| Brampton Brampton, Peel Region | 488 | +22 +4.7% up 22, 4.7% versus January 2019 | $341.6M | $699,988 | +$21,350 +3.1% up $21,350, 3.1% versus January 2019 | $674,500 | 806 | 865 | 98% | 22 | — | 60.5% | 1.8 |