Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$754,155
MoM +$1,579 +0.2% up $1,579, 0.2% versus April 2019 YoY +2.5% up 2.5% versus May 2018
Source: TRREB MarketWatch, May 2019
3 areas
Peel Region
May 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.
$700,000
MoM −$7,500 −1.1% down $7,500, 1.1% versus April 2019 YoY +3.0% up 3.0% versus May 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 April 2019 YoY n/a not available, prior month not on file versus May 2018
Sales — Firm transactions reported through the MLS® System during the month.
2,162
MoM +237 +12.3% up 237, 12.3% versus April 2019 YoY +19.6% up 19.6% versus May 2018
Dollar volume — Total value of all sales in the month.
$1.63B
MoM +$181,775,000 +12.5% up $181,775,000, 12.5% versus April 2019 YoY +22.6% up 22.6% versus May 2018
New listings — Properties newly listed during the month.
3,712
MoM +301 +8.8% up 301, 8.8% versus April 2019 YoY +1.7% up 1.7% versus May 2018
Active listings — Listings available at month end.
3,234
MoM +261 +8.8% up 261, 8.8% versus April 2019 YoY −8.7% down 8.7% versus May 2018
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
17
MoM +2 days +13.3% up 2 days, 13.3% versus April 2019 YoY −10.5% down 10.5% versus May 2018
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
99%
MoM no change no change versus April 2019 YoY +1.0% up 1.0% versus May 2018
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
58.2%
MoM +1.8 pp +3.2% up 1.8 pp, 3.2% versus April 2019 YoY +17.6% up 17.6% versus May 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 −3.1% down 0, 3.1% versus April 2019 YoY −23.7% down 23.7% versus May 2018
Trend
13 months to May 2019
Average price
| Month | Average price |
|---|---|
| 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 |
| May '19 | 754155 |
Sales
| Month | Sales |
|---|---|
| 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 |
| May '19 | 2162 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 2,162 | +237 +12.3% up 237, 12.3% versus April 2019 | $754,155 | +$1,579 +0.2% up $1,579, 0.2% versus April 2019 | $700,000 | 58.2% | 1.5 |
| Detached | 973 | +99 +11.3% up 99, 11.3% versus April 2019 | $962,121 | +$13,750 +1.4% up $13,750, 1.4% versus April 2019 | $895,000 | 49.8% | 2.0 |
| Semi-detached | 341 | +41 +13.7% up 41, 13.7% versus April 2019 | $693,611 | −$14,337 −2.0% down $14,337, 2.0% versus April 2019 | $693,500 | 65.5% | 1.0 |
| Att/row/townhouse | 183 | +4 +2.2% up 4, 2.2% versus April 2019 | $652,805 | −$8,607 −1.3% down $8,607, 1.3% versus April 2019 | $649,000 | 58.1% | 1.3 |
| Condo townhouse | 248 | +46 +22.8% up 46, 22.8% versus April 2019 | $567,819 | −$10,309 −1.8% down $10,309, 1.8% versus April 2019 | $560,000 | 68.0% | 1.2 |
| Condo apartment | 404 | +46 +12.8% up 46, 12.8% versus April 2019 | $464,198 | +$6,668 +1.5% up $6,668, 1.5% versus April 2019 | $443,000 | 75.0% | 1.0 |
| Link | 7 | −4 −36.4% down 4, 36.4% versus April 2019 | $684,357 | −$21,717 −3.1% down $21,717, 3.1% versus April 2019 | $660,000 | 77.8% | 1.3 |
| Co-op apartment | 0 | no change no change versus April 2019 | — | n/a not available, prior month not on file versus April 2019 | — | 0.0% | — |
| Detached condo | 6 | +5 +500.0% up 5, 500.0% versus April 2019 | $868,250 | +$158,250 +22.3% up $158,250, 22.3% versus April 2019 | $737,750 | 100.0% | 1.0 |
| Co-ownership apartment | 0 | no change no change versus April 2019 | — | n/a not available, prior month not on file versus April 2019 | — | 0.0% | — |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Caledon +12.7% up 12.7%
- Brampton +0.6% up 0.6%
- Mississauga −1.4% down 1.4%
Bottom 5
- Mississauga −1.4% down 1.4%
- Brampton +0.6% up 0.6%
- Caledon +12.7% up 12.7%
Sales, month-over-month
Top 5
- Mississauga +13.4% up 13.4%
- Brampton +12.8% up 12.8%
- Caledon −0.9% down 0.9%
Bottom 5
- Caledon −0.9% down 0.9%
- Brampton +12.8% up 12.8%
- Mississauga +13.4% up 13.4%
Peel Region
Caledon
Caledon, Peel Region
$1,025,446
+$115,263 +12.7% up $115,263, 12.7% versus April 2019
- Sales
- 106
- SP/LP
- 97%
- DOM
- 37
- SNLR
- 46.5%
Mississauga
Mississauga, Peel Region
$756,465
−$10,818 −1.4% down $10,818, 1.4% versus April 2019
- Sales
- 1,042
- SP/LP
- 99%
- DOM
- 16
- SNLR
- 60.2%
Brampton
Brampton, Peel Region
$723,421
+$4,639 +0.6% up $4,639, 0.6% versus April 2019
- Sales
- 1,014
- SP/LP
- 99%
- DOM
- 16
- SNLR
- 57.9%
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 | 106 | −1 −0.9% down 1, 0.9% versus April 2019 | $108.7M | $1,025,446 | +$115,263 +12.7% up $115,263, 12.7% versus April 2019 | $924,000 | 228 | 318 | 97% | 37 | — | 46.5% | 3.0 |
| Mississauga Mississauga, Peel Region | 1,042 | +123 +13.4% up 123, 13.4% versus April 2019 | $788.2M | $756,465 | −$10,818 −1.4% down $10,818, 1.4% versus April 2019 | $685,000 | 1,732 | 1,550 | 99% | 16 | — | 60.2% | 1.5 |
| Brampton Brampton, Peel Region | 1,014 | +115 +12.8% up 115, 12.8% versus April 2019 | $733.5M | $723,421 | +$4,639 +0.6% up $4,639, 0.6% versus April 2019 | $700,000 | 1,752 | 1,366 | 99% | 16 | — | 57.9% | 1.4 |