Source: TRREB MarketWatch, November 2020

3 areas

Peel Region

November 2020

Headline indicators

All home types

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

$889,302

MoM −$8,447 −0.9% YoY +15.6%

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

$820,000

MoM −$1,000 −0.1% YoY +13.4%

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

$840,600

MoM +$3,700 +0.4% YoY +11.8%

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

1,865

MoM −333 −15.2% YoY +36.2%

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

$1.66B

MoM −$314,703,727 −15.9% YoY +57.5%

New listings — Properties newly listed during the month.

2,125

MoM −1,250 −37.0% YoY +33.3%

Active listings — Listings available at month end.

1,927

MoM −728 −27.4% YoY +5.4%

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

MoM +2 days +13.3% YoY n/a

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

MoM +2 days +9.1% 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.

87.8%

MoM +22.6 pp +34.8% YoY +2.2%

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.

1.0

MoM −0 −14.5% YoY −22.7%

Trend

13 months to November 2020

Average price

Peel Region average selling price over the 13 months ending November 2020.
Month	Average price
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
Nov '20	889302

Sales

Peel Region sales over the 13 months ending November 2020.
Month	Sales
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
Nov '20	1865

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,865	−333 −15.2% down 333, 15.2% versus October 2020	$889,302	−$8,447 −0.9% down $8,447, 0.9% versus October 2020	$820,000	87.8%	1.0
Detached	866	−217 −20.0% down 217, 20.0% versus October 2020	$1,128,689	+$9,661 +0.9% up $9,661, 0.9% versus October 2020	$1,037,000	99.3%	0.9
Semi-detached	310	−49 −13.6% down 49, 13.6% versus October 2020	$827,420	+$21,312 +2.6% up $21,312, 2.6% versus October 2020	$820,000	105.1%	0.4
Att/row/townhouse	194	+3 +1.6% up 3, 1.6% versus October 2020	$751,693	+$19,936 +2.7% up $19,936, 2.7% versus October 2020	$742,500	99.5%	0.6
Condo townhouse	218	−52 −19.3% down 52, 19.3% versus October 2020	$628,935	−$14,812 −2.3% down $14,812, 2.3% versus October 2020	$633,200	82.3%	1.0
Condo apartment	266	−16 −5.7% down 16, 5.7% versus October 2020	$497,362	−$26,046 −5.0% down $26,046, 5.0% versus October 2020	$486,500	54.5%	2.7
Link	10	no change no change versus October 2020	$848,900	+$62,294 +7.9% up $62,294, 7.9% versus October 2020	$850,000	166.7%	0.2
Co-op apartment	0	no change no change versus October 2020	$0	no change no change versus October 2020	—	0.0%	—
Detached condo	1	−2 −66.7% down 2, 66.7% versus October 2020	$880,000	−$89,167 −9.2% down $89,167, 9.2% versus October 2020	$880,000	33.3%	2.0
Co-ownership apartment	0	no change no change versus October 2020	$0	no change no change versus October 2020	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	296.4	$840,600	+11.8% up 11.8%
Single-family detached	287.7	$1,018,900	+13.1% up 13.1%
Single-family attached	299.8	$766,100	+14.2% up 14.2%
Townhouse	302.1	$638,200	+12.2% up 12.2%
Apartment	305.6	$524,000	+7.5% up 7.5%

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Mississauga +2.5% up 2.5%
Brampton −1.7% down 1.7%
Caledon −10.8% down 10.8%

Bottom 5

Caledon −10.8% down 10.8%
Brampton −1.7% down 1.7%
Mississauga +2.5% up 2.5%

Sales, month-over-month

Top 5

Mississauga −13.6% down 13.6%
Brampton −15.8% down 15.8%
Caledon −20.1% down 20.1%

Bottom 5

Caledon −20.1% down 20.1%
Brampton −15.8% down 15.8%
Mississauga −13.6% down 13.6%

Peel Region

Caledon

Caledon, Peel Region

$1,102,194

−$133,279 −10.8% down $133,279, 10.8% versus October 2020

Sales: 127
SP/LP: 100%
DOM: 21
SNLR: 100.0%

Full history →

Mississauga

Mississauga, Peel Region

$899,942

+$21,666 +2.5% up $21,666, 2.5% versus October 2020

Sales: 815
SP/LP: 99%
DOM: 19
SNLR: 78.7%

Full history →

Brampton

Brampton, Peel Region

$850,615

−$14,894 −1.7% down $14,894, 1.7% versus October 2020

Sales: 923
SP/LP: 101%
DOM: 14
SNLR: 96.0%

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	127	−32 −20.1% down 32, 20.1% versus October 2020	$140.0M	$1,102,194	−$133,279 −10.8% down $133,279, 10.8% versus October 2020	$1,010,100	127	127	100%	21	28	100.0%	1.0
Mississauga Mississauga, Peel Region	815	−128 −13.6% down 128, 13.6% versus October 2020	$733.5M	$899,942	+$21,666 +2.5% up $21,666, 2.5% versus October 2020	$810,000	1,036	1,195	99%	19	28	78.7%	1.5
Brampton Brampton, Peel Region	923	−173 −15.8% down 173, 15.8% versus October 2020	$785.1M	$850,615	−$14,894 −1.7% down $14,894, 1.7% versus October 2020	$810,000	962	605	101%	14	21	96.0%	0.7