Source: TRREB MarketWatch, September 2019

3 areas

Peel Region

September 2019

Headline indicators

All home types

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

$764,232

MoM +$18,331 +2.5% YoY +5.2%

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

$708,500

MoM +$4,000 +0.6% YoY +6.5%

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.

1,631

MoM −78 −4.6% YoY +24.0%

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

$1.25B

MoM −$28,281,186 −2.2% YoY +30.5%

New listings — Properties newly listed during the month.

2,817

MoM +196 +7.5% YoY −4.6%

Active listings — Listings available at month end.

2,764

MoM +45 +1.7% YoY −22.1%

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

MoM −1 day −4.8% YoY −13.0%

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

99%

MoM no change YoY +1.0%

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

57.9%

MoM −7.3 pp −11.2% YoY +30.0%

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 +6.5% YoY −37.2%

Trend

13 months to September 2019

Average price

Peel Region average selling price over the 13 months ending September 2019.
Month	Average price
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
Aug '19	745901
Sep '19	764232

Sales

Peel Region sales over the 13 months ending September 2019.
Month	Sales
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
Aug '19	1709
Sep '19	1631

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,631	−78 −4.6% down 78, 4.6% versus August 2019	$764,232	+$18,331 +2.5% up $18,331, 2.5% versus August 2019	$708,500	57.9%	1.7
Detached	714	−42 −5.6% down 42, 5.6% versus August 2019	$973,481	+$33,397 +3.6% up $33,397, 3.6% versus August 2019	$895,000	46.9%	2.4
Semi-detached	273	+9 +3.4% up 9, 3.4% versus August 2019	$708,280	−$6,335 −0.9% down $6,335, 0.9% versus August 2019	$710,000	67.7%	1.1
Att/row/townhouse	147	−22 −13.0% down 22, 13.0% versus August 2019	$665,449	+$17,458 +2.7% up $17,458, 2.7% versus August 2019	$657,000	63.4%	1.4
Condo townhouse	185	−15 −7.5% down 15, 7.5% versus August 2019	$578,110	+$14,629 +2.6% up $14,629, 2.6% versus August 2019	$577,000	70.6%	1.3
Condo apartment	297	−11 −3.6% down 11, 3.6% versus August 2019	$478,499	+$11,139 +2.4% up $11,139, 2.4% versus August 2019	$460,000	77.3%	1.1
Link	11	+3 +37.5% up 3, 37.5% versus August 2019	$698,991	−$92,009 −11.6% down $92,009, 11.6% versus August 2019	$709,900	122.2%	0.5
Co-op apartment	0	no change no change versus August 2019	—	n/a not available, prior month not on file versus August 2019	—	0.0%	—
Detached condo	4	no change no change versus August 2019	$865,750	+$140,500 +19.4% up $140,500, 19.4% versus August 2019	$720,000	133.3%	1.0
Co-ownership apartment	0	no change no change versus August 2019	—	n/a not available, prior month not on file versus August 2019	—	—	—

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Caledon +10.9% up 10.9%
Mississauga +4.2% up 4.2%
Brampton +0.6% up 0.6%

Bottom 5

Brampton +0.6% up 0.6%
Mississauga +4.2% up 4.2%
Caledon +10.9% up 10.9%

Sales, month-over-month

Top 5

Mississauga −0.3% down 0.3%
Brampton −5.6% down 5.6%
Caledon −28.3% down 28.3%

Bottom 5

Caledon −28.3% down 28.3%
Brampton −5.6% down 5.6%
Mississauga −0.3% down 0.3%

Peel Region

Caledon

Caledon, Peel Region

$1,035,789

+$102,067 +10.9% up $102,067, 10.9% versus August 2019

Sales: 76
SP/LP: 98%
DOM: 25
SNLR: 38.0%

Full history →

Mississauga

Mississauga, Peel Region

$763,451

+$30,902 +4.2% up $30,902, 4.2% versus August 2019

Sales: 777
SP/LP: 99%
DOM: 19
SNLR: 57.1%

Full history →

Brampton

Brampton, Peel Region

$738,485

+$4,123 +0.6% up $4,123, 0.6% versus August 2019

Sales: 778
SP/LP: 99%
DOM: 20
SNLR: 61.9%

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	76	−30 −28.3% down 30, 28.3% versus August 2019	$78.7M	$1,035,789	+$102,067 +10.9% up $102,067, 10.9% versus August 2019	$909,500	200	290	98%	25	—	38.0%	3.8
Mississauga Mississauga, Peel Region	777	−2 −0.3% down 2, 0.3% versus August 2019	$593.2M	$763,451	+$30,902 +4.2% up $30,902, 4.2% versus August 2019	$699,200	1,360	1,330	99%	19	—	57.1%	1.7
Brampton Brampton, Peel Region	778	−46 −5.6% down 46, 5.6% versus August 2019	$574.5M	$738,485	+$4,123 +0.6% up $4,123, 0.6% versus August 2019	$701,000	1,257	1,144	99%	20	—	61.9%	1.5