Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$781,973
MoM +$12,539 +1.6% up $12,539, 1.6% versus November 2019 YoY +11.5% up 11.5% versus December 2018
Source: TRREB MarketWatch, December 2019
3 areas
Peel Region
December 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.
$715,000
MoM −$8,000 −1.1% down $8,000, 1.1% versus November 2019 YoY +10.0% up 10.0% versus December 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 November 2019 YoY n/a not available, prior month not on file versus December 2018
Sales — Firm transactions reported through the MLS® System during the month.
920
MoM −449 −32.8% down 449, 32.8% versus November 2019 YoY +17.6% up 17.6% versus December 2018
Dollar volume — Total value of all sales in the month.
$719.4M
MoM −$333,939,379 −31.7% down $333,939,379, 31.7% versus November 2019 YoY +31.2% up 31.2% versus December 2018
New listings — Properties newly listed during the month.
747
MoM −847 −53.1% down 847, 53.1% versus November 2019 YoY −14.9% down 14.9% versus December 2018
Active listings — Listings available at month end.
1,118
MoM −711 −38.9% down 711, 38.9% versus November 2019 YoY −41.0% down 41.0% versus December 2018
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
25
MoM +3 days +13.6% up 3 days, 13.6% versus November 2019 YoY −10.7% down 10.7% versus December 2018
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
98%
MoM −1.0 pp −1.0% down 1.0 pp, 1.0% versus November 2019 YoY +1.0% up 1.0% versus December 2018
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
123.2%
MoM +37.3 pp +43.4% up 37.3 pp, 43.4% versus November 2019 YoY +38.3% up 38.3% versus December 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.
1.2
MoM −0 −9.0% down 0, 9.0% versus November 2019 YoY −49.9% down 49.9% versus December 2018
Trend
13 months to December 2019
Average price
| Month | Average price |
|---|---|
| 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 |
| Nov '19 | 769434 |
| Dec '19 | 781973 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Nov '19 | 1369 |
| Dec '19 | 920 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 920 | −449 −32.8% down 449, 32.8% versus November 2019 | $781,973 | +$12,539 +1.6% up $12,539, 1.6% versus November 2019 | $715,000 | 123.2% | 1.2 |
| Detached | 392 | −224 −36.4% down 224, 36.4% versus November 2019 | $1,014,287 | +$59,207 +6.2% up $59,207, 6.2% versus November 2019 | $904,500 | 112.6% | 1.9 |
| Semi-detached | 157 | −74 −32.0% down 74, 32.0% versus November 2019 | $713,636 | −$8,440 −1.2% down $8,440, 1.2% versus November 2019 | $710,000 | 151.0% | 0.5 |
| Att/row/townhouse | 89 | −39 −30.5% down 39, 30.5% versus November 2019 | $681,504 | +$10,885 +1.6% up $10,885, 1.6% versus November 2019 | $680,000 | 148.3% | 0.5 |
| Condo townhouse | 101 | −71 −41.3% down 71, 41.3% versus November 2019 | $578,640 | −$5,383 −0.9% down $5,383, 0.9% versus November 2019 | $571,500 | 126.3% | 0.9 |
| Condo apartment | 174 | −39 −18.3% down 39, 18.3% versus November 2019 | $494,162 | −$690 −0.1% down $690, 0.1% versus November 2019 | $490,000 | 116.0% | 0.8 |
| Link | 6 | −1 −14.3% down 1, 14.3% versus November 2019 | $711,250 | +$11,536 +1.6% up $11,536, 1.6% versus November 2019 | $703,500 | 200.0% | 0.2 |
| Co-op apartment | 1 | +1 up 1 versus November 2019 | $425,587 | n/a not available, prior month not on file versus November 2019 | $425,587 | 100.0% | 0.0 |
| Detached condo | 0 | −2 −100.0% down 2, 100.0% versus November 2019 | — | n/a not available, prior month not on file versus November 2019 | — | 0.0% | — |
| Co-ownership apartment | 0 | no change no change versus November 2019 | — | n/a not available, prior month not on file versus November 2019 | — | — | — |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Caledon +9.3% up 9.3%
- Brampton +1.8% up 1.8%
- Mississauga +1.2% up 1.2%
Bottom 5
- Mississauga +1.2% up 1.2%
- Brampton +1.8% up 1.8%
- Caledon +9.3% up 9.3%
Sales, month-over-month
Top 5
- Brampton −26.4% down 26.4%
- Caledon −34.3% down 34.3%
- Mississauga −39.1% down 39.1%
Bottom 5
- Mississauga −39.1% down 39.1%
- Caledon −34.3% down 34.3%
- Brampton −26.4% down 26.4%
Peel Region
Caledon
Caledon, Peel Region
$993,911
+$84,598 +9.3% up $84,598, 9.3% versus November 2019
- Sales
- 46
- SP/LP
- 94%
- DOM
- 39
- SNLR
- 100.0%
Mississauga
Mississauga, Peel Region
$799,593
+$9,833 +1.2% up $9,833, 1.2% versus November 2019
- Sales
- 392
- SP/LP
- 98%
- DOM
- 25
- SNLR
- 117.0%
Brampton
Brampton, Peel Region
$747,417
+$12,918 +1.8% up $12,918, 1.8% versus November 2019
- Sales
- 482
- SP/LP
- 99%
- DOM
- 23
- SNLR
- 131.7%
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 | 46 | −24 −34.3% down 24, 34.3% versus November 2019 | $45.7M | $993,911 | +$84,598 +9.3% up $84,598, 9.3% versus November 2019 | $871,250 | 46 | 136 | 94% | 39 | — | 100.0% | 3.0 |
| Mississauga Mississauga, Peel Region | 392 | −252 −39.1% down 252, 39.1% versus November 2019 | $313.4M | $799,593 | +$9,833 +1.2% up $9,833, 1.2% versus November 2019 | $692,900 | 335 | 554 | 98% | 25 | — | 117.0% | 1.4 |
| Brampton Brampton, Peel Region | 482 | −173 −26.4% down 173, 26.4% versus November 2019 | $360.3M | $747,417 | +$12,918 +1.8% up $12,918, 1.8% versus November 2019 | $715,000 | 366 | 428 | 99% | 23 | — | 131.7% | 0.9 |