Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$897,391
MoM −$4,866 −0.5% down $4,866, 0.5% versus July 2020 YoY +20.3% up 20.3% versus August 2019
Source: TRREB MarketWatch, August 2020
3 areas
Peel Region
August 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.
$818,000
MoM −$2,000 −0.2% down $2,000, 0.2% versus July 2020 YoY +16.1% up 16.1% versus August 2019
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$826,200
MoM +$10,000 +1.2% up $10,000, 1.2% versus July 2020 YoY +11.9% up 11.9% versus August 2019
Sales — Firm transactions reported through the MLS® System during the month.
2,301
MoM −38 −1.6% down 38, 1.6% versus July 2020 YoY +34.6% up 34.6% versus August 2019
Dollar volume — Total value of all sales in the month.
$2.06B
MoM −$45,482,755 −2.2% down $45,482,755, 2.2% versus July 2020 YoY +62.0% up 62.0% versus August 2019
New listings — Properties newly listed during the month.
3,721
MoM +168 +4.7% up 168, 4.7% versus July 2020 YoY +42.0% up 42.0% versus August 2019
Active listings — Listings available at month end.
2,788
MoM +267 +10.6% up 267, 10.6% versus July 2020 YoY +2.5% up 2.5% versus August 2019
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
14
MoM −2 days −12.5% down 2 days, 12.5% versus July 2020 YoY n/a not available, prior month not on file versus August 2019
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
20
MoM −4 days −16.7% down 4 days, 16.7% versus July 2020 YoY n/a not available, prior month not on file versus August 2019
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
100%
MoM no change no change versus July 2020 YoY +1.0% up 1.0% versus August 2019
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
61.8%
MoM −4.0 pp −6.1% down 4.0 pp, 6.1% versus July 2020 YoY −5.2% down 5.2% versus August 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.
1.2
MoM +0 +12.4% up 0, 12.4% versus July 2020 YoY −23.8% down 23.8% versus August 2019
Trend
13 months to August 2020
Average price
| Month | Average price |
|---|---|
| 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 |
| Jul '20 | 902257 |
| Aug '20 | 897391 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Jul '20 | 2339 |
| Aug '20 | 2301 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 2,301 | −38 −1.6% down 38, 1.6% versus July 2020 | $897,391 | −$4,866 −0.5% down $4,866, 0.5% versus July 2020 | $818,000 | 61.8% | 1.2 |
| Detached | 1,127 | −90 −7.4% down 90, 7.4% versus July 2020 | $1,112,634 | −$2,195 −0.2% down $2,195, 0.2% versus July 2020 | $1,038,000 | 62.0% | 1.2 |
| Semi-detached | 392 | +24 +6.5% up 24, 6.5% versus July 2020 | $804,095 | +$14,333 +1.8% up $14,333, 1.8% versus July 2020 | $791,203 | 75.0% | 0.7 |
| Att/row/townhouse | 233 | +30 +14.8% up 30, 14.8% versus July 2020 | $746,759 | +$21,123 +2.9% up $21,123, 2.9% versus July 2020 | $745,000 | 70.6% | 0.8 |
| Condo townhouse | 251 | +20 +8.7% up 20, 8.7% versus July 2020 | $637,781 | +$12,561 +2.0% up $12,561, 2.0% versus July 2020 | $628,000 | 64.5% | 1.0 |
| Condo apartment | 281 | −24 −7.9% down 24, 7.9% versus July 2020 | $527,059 | +$1,958 +0.4% up $1,958, 0.4% versus July 2020 | $500,000 | 43.8% | 2.5 |
| Link | 14 | +1 +7.7% up 1, 7.7% versus July 2020 | $766,357 | +$12,511 +1.7% up $12,511, 1.7% versus July 2020 | $751,250 | 82.3% | 0.6 |
| Co-op apartment | 0 | no change no change versus July 2020 | $0 | no change no change versus July 2020 | — | 0.0% | — |
| Detached condo | 3 | +1 +50.0% up 1, 50.0% versus July 2020 | $947,500 | +$290,000 +44.1% up $290,000, 44.1% versus July 2020 | $892,500 | 300.0% | 1.0 |
| Co-ownership apartment | 0 | no change no change versus July 2020 | $0 | no change no change versus July 2020 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 291.3 | $826,200 | +11.9% up 11.9% |
| Single-family detached | 279.7 | $990,600 | +10.9% up 10.9% |
| Single-family attached | 291.4 | $744,600 | +12.5% up 12.5% |
| Townhouse | 301.1 | $636,000 | +14.3% up 14.3% |
| Apartment | 307.8 | $527,700 | +13.4% up 13.4% |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Mississauga +1.5% up 1.5%
- Brampton −1.0% down 1.0%
- Caledon −3.7% down 3.7%
Bottom 5
- Caledon −3.7% down 3.7%
- Brampton −1.0% down 1.0%
- Mississauga +1.5% up 1.5%
Sales, month-over-month
Top 5
- Brampton +2.4% up 2.4%
- Mississauga −3.9% down 3.9%
- Caledon −14.8% down 14.8%
Bottom 5
- Caledon −14.8% down 14.8%
- Mississauga −3.9% down 3.9%
- Brampton +2.4% up 2.4%
Peel Region
Caledon
Caledon, Peel Region
$1,100,634
−$41,796 −3.7% down $41,796, 3.7% versus July 2020
- Sales
- 156
- SP/LP
- 99%
- DOM
- 16
- SNLR
- 57.4%
Mississauga
Mississauga, Peel Region
$919,295
+$13,696 +1.5% up $13,696, 1.5% versus July 2020
- Sales
- 950
- SP/LP
- 100%
- DOM
- 16
- SNLR
- 56.2%
Brampton
Brampton, Peel Region
$853,445
−$8,318 −1.0% down $8,318, 1.0% versus July 2020
- Sales
- 1,195
- SP/LP
- 101%
- DOM
- 12
- SNLR
- 67.9%
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 | 156 | −27 −14.8% down 27, 14.8% versus July 2020 | $171.7M | $1,100,634 | −$41,796 −3.7% down $41,796, 3.7% versus July 2020 | $1,050,000 | 272 | 227 | 99% | 16 | 23 | 57.4% | 1.5 |
| Mississauga Mississauga, Peel Region | 950 | −39 −3.9% down 39, 3.9% versus July 2020 | $873.3M | $919,295 | +$13,696 +1.5% up $13,696, 1.5% versus July 2020 | $820,000 | 1,690 | 1,473 | 100% | 16 | 23 | 56.2% | 1.6 |
| Brampton Brampton, Peel Region | 1,195 | +28 +2.4% up 28, 2.4% versus July 2020 | $1.02B | $853,445 | −$8,318 −1.0% down $8,318, 1.0% versus July 2020 | $803,000 | 1,759 | 1,088 | 101% | 12 | 17 | 67.9% | 0.9 |