Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$790,406
MoM +$26,174 +3.4% up $26,174, 3.4% versus September 2019 YoY +10.9% up 10.9% versus October 2018
Source: TRREB MarketWatch, October 2019
3 areas
Peel Region
October 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.
$720,000
MoM +$11,500 +1.6% up $11,500, 1.6% versus September 2019 YoY +9.1% up 9.1% versus October 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 September 2019 YoY n/a not available, prior month not on file versus October 2018
Sales — Firm transactions reported through the MLS® System during the month.
1,690
MoM +59 +3.6% up 59, 3.6% versus September 2019 YoY +16.0% up 16.0% versus October 2018
Dollar volume — Total value of all sales in the month.
$1.34B
MoM +$89,323,336 +7.2% up $89,323,336, 7.2% versus September 2019 YoY +28.6% up 28.6% versus October 2018
New listings — Properties newly listed during the month.
2,398
MoM −419 −14.9% down 419, 14.9% versus September 2019 YoY −9.1% down 9.1% versus October 2018
Active listings — Listings available at month end.
2,431
MoM −333 −12.0% down 333, 12.0% versus September 2019 YoY −24.4% down 24.4% versus October 2018
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
21
MoM +1 day +5.0% up 1 day, 5.0% versus September 2019 YoY −12.5% down 12.5% versus October 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 September 2019 YoY +1.0% up 1.0% versus October 2018
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
70.5%
MoM +12.6 pp +21.7% up 12.6 pp, 21.7% versus September 2019 YoY +27.6% up 27.6% versus October 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.
1.4
MoM −0 −15.1% down 0, 15.1% versus September 2019 YoY −34.8% down 34.8% versus October 2018
Trend
13 months to October 2019
Average price
| Month | Average price |
|---|---|
| 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 |
| Oct '19 | 790406 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Oct '19 | 1690 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,690 | +59 +3.6% up 59, 3.6% versus September 2019 | $790,406 | +$26,174 +3.4% up $26,174, 3.4% versus September 2019 | $720,000 | 70.5% | 1.4 |
| Detached | 756 | +42 +5.9% up 42, 5.9% versus September 2019 | $1,008,937 | +$35,456 +3.6% up $35,456, 3.6% versus September 2019 | $900,000 | 59.8% | 2.0 |
| Semi-detached | 274 | +1 +0.4% up 1, 0.4% versus September 2019 | $714,467 | +$6,187 +0.9% up $6,187, 0.9% versus September 2019 | $719,250 | 83.8% | 0.8 |
| Att/row/townhouse | 161 | +14 +9.5% up 14, 9.5% versus September 2019 | $661,519 | −$3,930 −0.6% down $3,930, 0.6% versus September 2019 | $655,000 | 89.4% | 0.9 |
| Condo townhouse | 206 | +21 +11.4% up 21, 11.4% versus September 2019 | $571,959 | −$6,151 −1.1% down $6,151, 1.1% versus September 2019 | $560,995 | 76.0% | 1.1 |
| Condo apartment | 284 | −13 −4.4% down 13, 4.4% versus September 2019 | $507,906 | +$29,407 +6.1% up $29,407, 6.1% versus September 2019 | $471,950 | 83.3% | 1.0 |
| Link | 5 | −6 −54.5% down 6, 54.5% versus September 2019 | $799,920 | +$100,929 +14.4% up $100,929, 14.4% versus September 2019 | $812,000 | 62.5% | 1.4 |
| Co-op apartment | 1 | +1 up 1 versus September 2019 | $428,000 | n/a not available, prior month not on file versus September 2019 | $428,000 | 50.0% | 2.0 |
| Detached condo | 3 | −1 −25.0% down 1, 25.0% versus September 2019 | $1,421,667 | +$555,917 +64.2% up $555,917, 64.2% versus September 2019 | $1,635,000 | 60.0% | 1.0 |
| Co-ownership apartment | 0 | no change no change versus September 2019 | — | n/a not available, prior month not on file versus September 2019 | — | — | — |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Mississauga +6.9% up 6.9%
- Brampton +0.2% up 0.2%
- Caledon −5.6% down 5.6%
Bottom 5
- Caledon −5.6% down 5.6%
- Brampton +0.2% up 0.2%
- Mississauga +6.9% up 6.9%
Sales, month-over-month
Top 5
- Caledon +19.7% up 19.7%
- Mississauga +7.2% up 7.2%
- Brampton −1.5% down 1.5%
Bottom 5
- Brampton −1.5% down 1.5%
- Mississauga +7.2% up 7.2%
- Caledon +19.7% up 19.7%
Peel Region
Caledon
Caledon, Peel Region
$977,854
−$57,935 −5.6% down $57,935, 5.6% versus September 2019
- Sales
- 91
- SP/LP
- 97%
- DOM
- 29
- SNLR
- 58.3%
Mississauga
Mississauga, Peel Region
$816,383
+$52,932 +6.9% up $52,932, 6.9% versus September 2019
- Sales
- 833
- SP/LP
- 98%
- DOM
- 21
- SNLR
- 73.3%
Brampton
Brampton, Peel Region
$739,889
+$1,404 +0.2% up $1,404, 0.2% versus September 2019
- Sales
- 766
- SP/LP
- 99%
- DOM
- 20
- SNLR
- 69.3%
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 | 91 | +15 +19.7% up 15, 19.7% versus September 2019 | $89.0M | $977,854 | −$57,935 −5.6% down $57,935, 5.6% versus September 2019 | $840,000 | 156 | 259 | 97% | 29 | — | 58.3% | 2.9 |
| Mississauga Mississauga, Peel Region | 833 | +56 +7.2% up 56, 7.2% versus September 2019 | $680.0M | $816,383 | +$52,932 +6.9% up $52,932, 6.9% versus September 2019 | $723,000 | 1,137 | 1,170 | 98% | 21 | — | 73.3% | 1.4 |
| Brampton Brampton, Peel Region | 766 | −12 −1.5% down 12, 1.5% versus September 2019 | $566.8M | $739,889 | +$1,404 +0.2% up $1,404, 0.2% versus September 2019 | $706,250 | 1,105 | 1,002 | 99% | 20 | — | 69.3% | 1.3 |