Source: TRREB MarketWatch, July 2019

3 areas

Peel Region

July 2019

Headline indicators

All home types

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

$761,487

MoM +$3,043 +0.4% YoY +6.3%

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

$702,000

MoM −$1,500 −0.2% YoY +4.8%

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.

1,809

MoM −93 −4.9% YoY +23.4%

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

$1.38B

MoM −$65,031,334 −4.5% YoY +31.2%

New listings — Properties newly listed during the month.

2,897

MoM −221 −7.1% YoY +2.5%

Active listings — Listings available at month end.

3,006

MoM −238 −7.3% YoY −14.7%

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

MoM no change YoY −17.4%

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

98%

MoM no change YoY no change

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

62.4%

MoM +1.4 pp +2.4% YoY +20.3%

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.

1.7

MoM −0 −2.6% YoY −30.9%

Trend

13 months to July 2019

Average price

Peel Region average selling price over the 13 months ending July 2019.
Month	Average price
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
Jun '19	758444
Jul '19	761487

Sales

Peel Region sales over the 13 months ending July 2019.
Month	Sales
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
Jun '19	1902
Jul '19	1809

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,809	−93 −4.9% down 93, 4.9% versus June 2019	$761,487	+$3,043 +0.4% up $3,043, 0.4% versus June 2019	$702,000	62.4%	1.7
Detached	805	−67 −7.7% down 67, 7.7% versus June 2019	$963,443	+$12,023 +1.3% up $12,023, 1.3% versus June 2019	$890,000	55.3%	2.2
Semi-detached	316	−6 −1.9% down 6, 1.9% versus June 2019	$716,245	+$14,508 +2.1% up $14,508, 2.1% versus June 2019	$706,000	76.1%	1.0
Att/row/townhouse	160	−2 −1.2% down 2, 1.2% versus June 2019	$659,576	+$4,562 +0.7% up $4,562, 0.7% versus June 2019	$650,000	61.8%	1.4
Condo townhouse	208	−14 −6.3% down 14, 6.3% versus June 2019	$573,604	−$6,485 −1.1% down $6,485, 1.1% versus June 2019	$571,000	66.9%	1.3
Condo apartment	308	−6 −1.9% down 6, 1.9% versus June 2019	$462,267	−$1,214 −0.3% down $1,214, 0.3% versus June 2019	$450,000	70.6%	1.2
Link	11	+4 +57.1% up 4, 57.1% versus June 2019	$711,282	−$2,575 −0.4% down $2,575, 0.4% versus June 2019	$702,000	91.7%	0.7
Co-op apartment	0	no change no change versus June 2019	—	n/a not available, prior month not on file versus June 2019	—	0.0%	—
Detached condo	1	−1 −50.0% down 1, 50.0% versus June 2019	$580,000	−$28,276 −4.6% down $28,276, 4.6% versus June 2019	$580,000	12.5%	9.0
Co-ownership apartment	0	−1 −100.0% down 1, 100.0% versus June 2019	—	n/a not available, prior month not on file versus June 2019	—	—	—

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Mississauga +1.8% up 1.8%
Caledon +0.2% up 0.2%
Brampton −1.1% down 1.1%

Bottom 5

Brampton −1.1% down 1.1%
Caledon +0.2% up 0.2%
Mississauga +1.8% up 1.8%

Sales, month-over-month

Top 5

Caledon −1.8% down 1.8%
Mississauga −2.0% down 2.0%
Brampton −7.9% down 7.9%

Bottom 5

Brampton −7.9% down 7.9%
Mississauga −2.0% down 2.0%
Caledon −1.8% down 1.8%

Peel Region

Caledon

Caledon, Peel Region

$937,549

+$1,540 +0.2% up $1,540, 0.2% versus June 2019

Sales: 108
SP/LP: 97%
DOM: 27
SNLR: 60.0%

Full history →

Mississauga

Mississauga, Peel Region

$764,463

+$13,716 +1.8% up $13,716, 1.8% versus June 2019

Sales: 843
SP/LP: 98%
DOM: 20
SNLR: 65.7%

Full history →

Brampton

Brampton, Peel Region

$736,401

−$8,189 −1.1% down $8,189, 1.1% versus June 2019

Sales: 858
SP/LP: 99%
DOM: 18
SNLR: 59.9%

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	108	−2 −1.8% down 2, 1.8% versus June 2019	$101.3M	$937,549	+$1,540 +0.2% up $1,540, 0.2% versus June 2019	$842,500	180	287	97%	27	—	60.0%	2.7
Mississauga Mississauga, Peel Region	843	−17 −2.0% down 17, 2.0% versus June 2019	$644.4M	$764,463	+$13,716 +1.8% up $13,716, 1.8% versus June 2019	$684,500	1,284	1,406	98%	20	—	65.7%	1.7
Brampton Brampton, Peel Region	858	−74 −7.9% down 74, 7.9% versus June 2019	$631.8M	$736,401	−$8,189 −1.1% down $8,189, 1.1% versus June 2019	$699,950	1,433	1,313	99%	18	—	59.9%	1.5