Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$752,576
MoM +$18,159 +2.5% up $18,159, 2.5% versus March 2019 YoY +3.7% up 3.7% versus April 2018
Source: TRREB MarketWatch, April 2019
3 areas
Peel Region
April 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.
$707,500
MoM +$20,500 +3.0% up $20,500, 3.0% versus March 2019 YoY +5.6% up 5.6% versus April 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 March 2019 YoY n/a not available, prior month not on file versus April 2018
Sales — Firm transactions reported through the MLS® System during the month.
1,925
MoM +388 +25.2% up 388, 25.2% versus March 2019 YoY +14.0% up 14.0% versus April 2018
Dollar volume — Total value of all sales in the month.
$1.45B
MoM +$319,909,825 +28.3% up $319,909,825, 28.3% versus March 2019 YoY +18.2% up 18.2% versus April 2018
New listings — Properties newly listed during the month.
3,411
MoM +620 +22.2% up 620, 22.2% versus March 2019 YoY +6.2% up 6.2% versus April 2018
Active listings — Listings available at month end.
2,973
MoM +446 +17.6% up 446, 17.6% versus March 2019 YoY −6.4% down 6.4% versus April 2018
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
15
MoM −3 days −16.7% down 3 days, 16.7% versus March 2019 YoY −21.1% down 21.1% versus April 2018
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
99%
MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus March 2019 YoY +1.0% up 1.0% versus April 2018
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
56.4%
MoM +1.4 pp +2.5% up 1.4 pp, 2.5% versus March 2019 YoY +7.3% up 7.3% versus April 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.
1.5
MoM −0 −6.1% down 0, 6.1% versus March 2019 YoY −17.8% down 17.8% versus April 2018
Trend
13 months to April 2019
Average price
| Month | Average price |
|---|---|
| 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 |
| Mar '19 | 734417 |
| Apr '19 | 752576 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Mar '19 | 1537 |
| Apr '19 | 1925 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,925 | +388 +25.2% up 388, 25.2% versus March 2019 | $752,576 | +$18,159 +2.5% up $18,159, 2.5% versus March 2019 | $707,500 | 56.4% | 1.5 |
| Detached | 874 | +187 +27.2% up 187, 27.2% versus March 2019 | $948,371 | +$16,174 +1.7% up $16,174, 1.7% versus March 2019 | $870,000 | 49.0% | 2.0 |
| Semi-detached | 300 | +41 +15.8% up 41, 15.8% versus March 2019 | $707,948 | +$23,388 +3.4% up $23,388, 3.4% versus March 2019 | $705,000 | 65.4% | 1.0 |
| Att/row/townhouse | 179 | +46 +34.6% up 46, 34.6% versus March 2019 | $661,412 | +$20,560 +3.2% up $20,560, 3.2% versus March 2019 | $651,000 | 61.3% | 1.2 |
| Condo townhouse | 202 | +16 +8.6% up 16, 8.6% versus March 2019 | $578,128 | +$31,623 +5.8% up $31,623, 5.8% versus March 2019 | $567,000 | 56.0% | 1.4 |
| Condo apartment | 358 | +94 +35.6% up 94, 35.6% versus March 2019 | $457,530 | +$10,964 +2.5% up $10,964, 2.5% versus March 2019 | $433,750 | 71.9% | 1.1 |
| Link | 11 | +8 +266.7% up 8, 266.7% versus March 2019 | $706,074 | +$9,407 +1.4% up $9,407, 1.4% versus March 2019 | $742,500 | 110.0% | 0.7 |
| Co-op apartment | 0 | no change no change versus March 2019 | — | n/a not available, prior month not on file versus March 2019 | — | 0.0% | — |
| Detached condo | 1 | −4 −80.0% down 4, 80.0% versus March 2019 | $710,000 | −$132,180 −15.7% down $132,180, 15.7% versus March 2019 | $710,000 | 20.0% | 9.0 |
| Co-ownership apartment | 0 | no change no change versus March 2019 | — | n/a not available, prior month not on file versus March 2019 | — | — | — |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Mississauga +3.9% up 3.9%
- Brampton +1.6% up 1.6%
- Caledon −3.3% down 3.3%
Bottom 5
- Caledon −3.3% down 3.3%
- Brampton +1.6% up 1.6%
- Mississauga +3.9% up 3.9%
Sales, month-over-month
Top 5
- Caledon +30.5% up 30.5%
- Mississauga +28.9% up 28.9%
- Brampton +21.2% up 21.2%
Bottom 5
- Brampton +21.2% up 21.2%
- Mississauga +28.9% up 28.9%
- Caledon +30.5% up 30.5%
Peel Region
Caledon
Caledon, Peel Region
$910,183
−$30,814 −3.3% down $30,814, 3.3% versus March 2019
- Sales
- 107
- SP/LP
- 97%
- DOM
- 21
- SNLR
- 47.8%
Mississauga
Mississauga, Peel Region
$767,283
+$28,610 +3.9% up $28,610, 3.9% versus March 2019
- Sales
- 919
- SP/LP
- 99%
- DOM
- 16
- SNLR
- 58.9%
Brampton
Brampton, Peel Region
$718,782
+$11,285 +1.6% up $11,285, 1.6% versus March 2019
- Sales
- 899
- SP/LP
- 99%
- DOM
- 14
- SNLR
- 55.3%
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 | 107 | +25 +30.5% up 25, 30.5% versus March 2019 | $97.4M | $910,183 | −$30,814 −3.3% down $30,814, 3.3% versus March 2019 | $815,000 | 224 | 293 | 97% | 21 | — | 47.8% | 2.7 |
| Mississauga Mississauga, Peel Region | 919 | +206 +28.9% up 206, 28.9% versus March 2019 | $705.1M | $767,283 | +$28,610 +3.9% up $28,610, 3.9% versus March 2019 | $700,000 | 1,561 | 1,428 | 99% | 16 | — | 58.9% | 1.6 |
| Brampton Brampton, Peel Region | 899 | +157 +21.2% up 157, 21.2% versus March 2019 | $646.2M | $718,782 | +$11,285 +1.6% up $11,285, 1.6% versus March 2019 | $701,000 | 1,626 | 1,252 | 99% | 14 | — | 55.3% | 1.4 |