Source: TRREB MarketWatch, October 2020

3 areas

Peel Region

October 2020

Headline indicators

All home types

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

$897,749

MoM −$7,214 −0.8% YoY +13.6%

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

$821,000

MoM −$9,000 −1.1% YoY +14.0%

MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.

$836,900

MoM +$4,200 +0.5% YoY +12.1%

Sales — Firm transactions reported through the MLS® System during the month.

2,198

MoM −165 −7.0% YoY +30.1%

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

$1.97B

MoM −$165,175,792 −7.7% YoY +47.7%

New listings — Properties newly listed during the month.

3,375

MoM −435 −11.4% YoY +40.7%

Active listings — Listings available at month end.

2,655

MoM −208 −7.3% YoY +9.2%

Avg. LDOM — Average days on market for the current listing. Not reported before 2020.

MoM no change YoY n/a

Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.

MoM +1 day +4.8% YoY n/a

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

100%

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.

65.1%

MoM +3.1 pp +5.0% YoY −7.6%

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 −0.3% YoY −16.0%

Trend

13 months to October 2020

Average price

Peel Region average selling price over the 13 months ending October 2020.
Month	Average price
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
Sep '20	904963
Oct '20	897749

Sales

Peel Region sales over the 13 months ending October 2020.
Month	Sales
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
Sep '20	2363
Oct '20	2198

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	2,198	−165 −7.0% down 165, 7.0% versus September 2020	$897,749	−$7,214 −0.8% down $7,214, 0.8% versus September 2020	$821,000	65.1%	1.2
Detached	1,083	−91 −7.8% down 91, 7.8% versus September 2020	$1,119,028	−$5,523 −0.5% down $5,523, 0.5% versus September 2020	$1,033,000	73.2%	1.1
Semi-detached	359	−30 −7.7% down 30, 7.7% versus September 2020	$806,108	−$14,859 −1.8% down $14,859, 1.8% versus September 2020	$800,000	78.7%	0.6
Att/row/townhouse	191	−25 −11.6% down 25, 11.6% versus September 2020	$731,757	−$11,266 −1.5% down $11,266, 1.5% versus September 2020	$725,000	71.3%	0.9
Condo townhouse	270	+14 +5.5% up 14, 5.5% versus September 2020	$643,747	+$139 +0.0% up $139, 0.0% versus September 2020	$640,000	66.2%	1.0
Condo apartment	282	−29 −9.3% down 29, 9.3% versus September 2020	$523,408	+$10,231 +2.0% up $10,231, 2.0% versus September 2020	$499,500	38.0%	2.9
Link	10	−2 −16.7% down 2, 16.7% versus September 2020	$786,606	−$4,236 −0.5% down $4,236, 0.5% versus September 2020	$791,000	71.4%	1.1
Co-op apartment	0	−1 −100.0% down 1, 100.0% versus September 2020	$0	−$470,000 −100.0% down $470,000, 100.0% versus September 2020	—	0.0%	—
Detached condo	3	−1 −25.0% down 1, 25.0% versus September 2020	$969,167	−$39,583 −3.9% down $39,583, 3.9% versus September 2020	$935,000	100.0%	1.0
Co-ownership apartment	0	no change no change versus September 2020	$0	no change no change versus September 2020	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	295.1	$836,900	+12.1% up 12.1%
Single-family detached	285.8	$1,012,200	+12.5% up 12.5%
Single-family attached	297.4	$760,000	+13.6% up 13.6%
Townhouse	301.7	$637,300	+13.2% up 13.2%
Apartment	306.4	$525,300	+10.3% up 10.3%

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Caledon +3.6% up 3.6%
Brampton +0.4% up 0.4%
Mississauga −3.3% down 3.3%

Bottom 5

Mississauga −3.3% down 3.3%
Brampton +0.4% up 0.4%
Caledon +3.6% up 3.6%

Sales, month-over-month

Top 5

Caledon +0.6% up 0.6%
Brampton −4.0% down 4.0%
Mississauga −11.3% down 11.3%

Bottom 5

Mississauga −11.3% down 11.3%
Brampton −4.0% down 4.0%
Caledon +0.6% up 0.6%

Peel Region

Caledon

Caledon, Peel Region

$1,235,473

+$43,185 +3.6% up $43,185, 3.6% versus September 2020

Sales: 159
SP/LP: 99%
DOM: 18
SNLR: 84.6%

Full history →

Mississauga

Mississauga, Peel Region

$878,276

−$30,269 −3.3% down $30,269, 3.3% versus September 2020

Sales: 943
SP/LP: 100%
DOM: 16
SNLR: 56.6%

Full history →

Brampton

Brampton, Peel Region

$865,509

+$3,632 +0.4% up $3,632, 0.4% versus September 2020

Sales: 1,096
SP/LP: 101%
DOM: 14
SNLR: 72.0%

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	159	+1 +0.6% up 1, 0.6% versus September 2020	$196.4M	$1,235,473	+$43,185 +3.6% up $43,185, 3.6% versus September 2020	$1,065,000	188	188	99%	18	27	84.6%	1.2
Mississauga Mississauga, Peel Region	943	−120 −11.3% down 120, 11.3% versus September 2020	$828.2M	$878,276	−$30,269 −3.3% down $30,269, 3.3% versus September 2020	$800,850	1,665	1,527	100%	16	24	56.6%	1.6
Brampton Brampton, Peel Region	1,096	−46 −4.0% down 46, 4.0% versus September 2020	$948.6M	$865,509	+$3,632 +0.4% up $3,632, 0.4% versus September 2020	$815,000	1,522	940	101%	14	19	72.0%	0.9