Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$866,830
MoM +$59,106 +7.3% up $59,106, 7.3% versus May 2020 YoY +14.3% up 14.3% versus June 2019
Source: TRREB MarketWatch, June 2020
3 areas
Peel Region
June 2020
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$789,650
MoM +$34,650 +4.6% up $34,650, 4.6% versus May 2020 YoY +12.2% up 12.2% versus June 2019
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$801,500
MoM −$8,500 −1.0% down $8,500, 1.0% versus May 2020 YoY +9.2% up 9.2% versus June 2019
Sales — Firm transactions reported through the MLS® System during the month.
1,778
MoM +851 +91.8% up 851, 91.8% versus May 2020 YoY −6.5% down 6.5% versus June 2019
Dollar volume — Total value of all sales in the month.
$1.54B
MoM +$792,463,143 +105.8% up $792,463,143, 105.8% versus May 2020 YoY +6.8% up 6.8% versus June 2019
New listings — Properties newly listed during the month.
3,048
MoM +1,286 +73.0% up 1,286, 73.0% versus May 2020 YoY −2.2% down 2.2% versus June 2019
Active listings — Listings available at month end.
2,334
MoM +350 +17.6% up 350, 17.6% versus May 2020 YoY −28.1% down 28.1% versus June 2019
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
16
MoM −7 days −30.4% down 7 days, 30.4% versus May 2020 YoY n/a not available, prior month not on file versus June 2019
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
26
MoM −7 days −21.2% down 7 days, 21.2% versus May 2020 YoY n/a not available, prior month not on file versus June 2019
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
99%
MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus May 2020 YoY +1.0% up 1.0% versus June 2019
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
58.3%
MoM +5.7 pp +10.9% up 5.7 pp, 10.9% versus May 2020 YoY −4.4% down 4.4% versus June 2019
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.
1.3
MoM −1 −38.7% down 1, 38.7% versus May 2020 YoY −23.0% down 23.0% versus June 2019
Trend
13 months to June 2020
Average price
| Month | Average price |
|---|---|
| Jun '19 | 758444 |
| Jul '19 | 761487 |
| Aug '19 | 745901 |
| Sep '19 | 764232 |
| Oct '19 | 790406 |
| Nov '19 | 769434 |
| Dec '19 | 781973 |
| Jan '20 | 784340 |
| Feb '20 | 861537 |
| Mar '20 | 840355 |
| Apr '20 | 802155 |
| May '20 | 807724 |
| Jun '20 | 866830 |
Sales
| Month | Sales |
|---|---|
| Jun '19 | 1902 |
| Jul '19 | 1809 |
| Aug '19 | 1709 |
| Sep '19 | 1631 |
| Oct '19 | 1690 |
| Nov '19 | 1369 |
| Dec '19 | 920 |
| Jan '20 | 1005 |
| Feb '20 | 1516 |
| Mar '20 | 1597 |
| Apr '20 | 520 |
| May '20 | 927 |
| Jun '20 | 1778 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,778 | +851 +91.8% up 851, 91.8% versus May 2020 | $866,830 | +$59,106 +7.3% up $59,106, 7.3% versus May 2020 | $789,650 | 58.3% | 1.3 |
| Detached | 864 | +422 +95.5% up 422, 95.5% versus May 2020 | $1,063,444 | +$69,962 +7.0% up $69,962, 7.0% versus May 2020 | $969,500 | 59.1% | 1.4 |
| Semi-detached | 298 | +155 +108.4% up 155, 108.4% versus May 2020 | $775,190 | +$23,003 +3.1% up $23,003, 3.1% versus May 2020 | $772,750 | 69.0% | 0.8 |
| Att/row/townhouse | 181 | +84 +86.6% up 84, 86.6% versus May 2020 | $730,283 | +$26,676 +3.8% up $26,676, 3.8% versus May 2020 | $730,000 | 62.4% | 0.9 |
| Condo townhouse | 217 | +108 +99.1% up 108, 99.1% versus May 2020 | $639,529 | +$32,884 +5.4% up $32,884, 5.4% versus May 2020 | $610,000 | 71.6% | 0.9 |
| Condo apartment | 205 | +72 +54.1% up 72, 54.1% versus May 2020 | $537,049 | +$45,152 +9.2% up $45,152, 9.2% versus May 2020 | $509,000 | 37.5% | 2.5 |
| Link | 9 | +7 +350.0% up 7, 350.0% versus May 2020 | $735,000 | +$10,000 +1.4% up $10,000, 1.4% versus May 2020 | $710,000 | 64.3% | 0.9 |
| Co-op apartment | 0 | no change no change versus May 2020 | $0 | no change no change versus May 2020 | — | — | — |
| Detached condo | 4 | +3 +300.0% up 3, 300.0% versus May 2020 | $933,000 | +$101,000 +12.1% up $101,000, 12.1% versus May 2020 | $694,000 | 400.0% | 0.3 |
| Co-ownership apartment | 0 | no change no change versus May 2020 | $0 | no change no change versus May 2020 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 282.6 | $801,500 | +9.2% up 9.2% |
| Single-family detached | 269.3 | $953,700 | +7.4% up 7.4% |
| Single-family attached | 280.2 | $716,000 | +8.9% up 8.9% |
| Townhouse | 291.5 | $615,800 | +11.2% up 11.2% |
| Apartment | 303.3 | $520,000 | +12.5% up 12.5% |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Mississauga +11.9% up 11.9%
- Caledon +7.1% up 7.1%
- Brampton +3.4% up 3.4%
Bottom 5
- Brampton +3.4% up 3.4%
- Caledon +7.1% up 7.1%
- Mississauga +11.9% up 11.9%
Sales, month-over-month
Top 5
- Caledon +108.5% up 108.5%
- Brampton +98.5% up 98.5%
- Mississauga +81.9% up 81.9%
Bottom 5
- Mississauga +81.9% up 81.9%
- Brampton +98.5% up 98.5%
- Caledon +108.5% up 108.5%
Peel Region
Caledon
Caledon, Peel Region
$1,070,690
+$70,791 +7.1% up $70,791, 7.1% versus May 2020
- Sales
- 123
- SP/LP
- 98%
- DOM
- 30
- SNLR
- 56.9%
Mississauga
Mississauga, Peel Region
$891,012
+$94,435 +11.9% up $94,435, 11.9% versus May 2020
- Sales
- 742
- SP/LP
- 99%
- DOM
- 17
- SNLR
- 52.0%
Brampton
Brampton, Peel Region
$819,712
+$26,751 +3.4% up $26,751, 3.4% versus May 2020
- Sales
- 913
- SP/LP
- 100%
- DOM
- 14
- SNLR
- 65.0%
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 | 123 | +64 +108.5% up 64, 108.5% versus May 2020 | $131.7M | $1,070,690 | +$70,791 +7.1% up $70,791, 7.1% versus May 2020 | $955,000 | 216 | 220 | 98% | 30 | 42 | 56.9% | 1.8 |
| Mississauga Mississauga, Peel Region | 742 | +334 +81.9% up 334, 81.9% versus May 2020 | $661.1M | $891,012 | +$94,435 +11.9% up $94,435, 11.9% versus May 2020 | $786,000 | 1,428 | 1,202 | 99% | 17 | 24 | 52.0% | 1.6 |
| Brampton Brampton, Peel Region | 913 | +453 +98.5% up 453, 98.5% versus May 2020 | $748.4M | $819,712 | +$26,751 +3.4% up $26,751, 3.4% versus May 2020 | $778,000 | 1,404 | 912 | 100% | 14 | 25 | 65.0% | 1.0 |