Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$894,581
MoM +$5,279 +0.6% up $5,279, 0.6% versus November 2020 YoY +14.4% up 14.4% versus December 2019
Source: TRREB MarketWatch, December 2020
3 areas
Peel Region
December 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.
$810,000
MoM −$10,000 −1.2% down $10,000, 1.2% versus November 2020 YoY +13.3% up 13.3% versus December 2019
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$850,000
MoM +$9,400 +1.1% up $9,400, 1.1% versus November 2020 YoY +12.0% up 12.0% versus December 2019
Sales — Firm transactions reported through the MLS® System during the month.
1,486
MoM −379 −20.3% down 379, 20.3% versus November 2020 YoY +61.5% up 61.5% versus December 2019
Dollar volume — Total value of all sales in the month.
$1.33B
MoM −$329,202,061 −19.8% down $329,202,061, 19.8% versus November 2020 YoY +84.8% up 84.8% versus December 2019
New listings — Properties newly listed during the month.
1,230
MoM −895 −42.1% down 895, 42.1% versus November 2020 YoY +64.7% up 64.7% versus December 2019
Active listings — Listings available at month end.
1,013
MoM −914 −47.4% down 914, 47.4% versus November 2020 YoY −9.4% down 9.4% versus December 2019
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
19
MoM +2 days +11.8% up 2 days, 11.8% versus November 2020 YoY n/a not available, prior month not on file versus December 2019
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
28
MoM +4 days +16.7% up 4 days, 16.7% versus November 2020 YoY n/a not available, prior month not on file versus December 2019
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
101%
MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus November 2020 YoY +3.1% up 3.1% versus December 2019
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
120.8%
MoM +33.0 pp +37.7% up 33.0 pp, 37.7% versus November 2020 YoY −1.9% down 1.9% versus December 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.
0.7
MoM −0 −34.0% down 0, 34.0% versus November 2020 YoY −43.9% down 43.9% versus December 2019
Trend
13 months to December 2020
Average price
| Month | Average price |
|---|---|
| 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 |
| Dec '20 | 894581 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Dec '20 | 1486 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,486 | −379 −20.3% down 379, 20.3% versus November 2020 | $894,581 | +$5,279 +0.6% up $5,279, 0.6% versus November 2020 | $810,000 | 120.8% | 0.7 |
| Detached | 614 | −252 −29.1% down 252, 29.1% versus November 2020 | $1,200,646 | +$71,957 +6.4% up $71,957, 6.4% versus November 2020 | $1,080,000 | 128.4% | 0.6 |
| Semi-detached | 246 | −64 −20.6% down 64, 20.6% versus November 2020 | $837,621 | +$10,201 +1.2% up $10,201, 1.2% versus November 2020 | $838,250 | 123.0% | 0.2 |
| Att/row/townhouse | 150 | −44 −22.7% down 44, 22.7% versus November 2020 | $771,001 | +$19,308 +2.6% up $19,308, 2.6% versus November 2020 | $768,500 | 126.0% | 0.3 |
| Condo townhouse | 204 | −14 −6.4% down 14, 6.4% versus November 2020 | $641,106 | +$12,171 +1.9% up $12,171, 1.9% versus November 2020 | $645,000 | 137.8% | 0.5 |
| Condo apartment | 268 | +2 +0.8% up 2, 0.8% versus November 2020 | $509,359 | +$11,997 +2.4% up $11,997, 2.4% versus November 2020 | $490,650 | 94.7% | 1.7 |
| Link | 3 | −7 −70.0% down 7, 70.0% versus November 2020 | $773,833 | −$75,067 −8.8% down $75,067, 8.8% versus November 2020 | $770,500 | 150.0% | 0.0 |
| Co-op apartment | 0 | no change no change versus November 2020 | $0 | no change no change versus November 2020 | — | — | — |
| Detached condo | 1 | no change no change versus November 2020 | $830,000 | −$50,000 −5.7% down $50,000, 5.7% versus November 2020 | $830,000 | — | 1.0 |
| Co-ownership apartment | 0 | no change no change versus November 2020 | $0 | no change no change versus November 2020 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 299.7 | $850,000 | +12.0% up 12.0% |
| Single-family detached | 292.7 | $1,036,600 | +14.0% up 14.0% |
| Single-family attached | 306.1 | $782,200 | +15.3% up 15.3% |
| Townhouse | 303.8 | $641,800 | +12.6% up 12.6% |
| Apartment | 301.8 | $517,500 | +5.2% up 5.2% |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Caledon +19.9% up 19.9%
- Brampton +2.2% up 2.2%
- Mississauga −3.0% down 3.0%
Bottom 5
- Mississauga −3.0% down 3.0%
- Brampton +2.2% up 2.2%
- Caledon +19.9% up 19.9%
Sales, month-over-month
Top 5
- Mississauga −17.4% down 17.4%
- Brampton −20.4% down 20.4%
- Caledon −38.6% down 38.6%
Bottom 5
- Caledon −38.6% down 38.6%
- Brampton −20.4% down 20.4%
- Mississauga −17.4% down 17.4%
Peel Region
Caledon
Caledon, Peel Region
$1,321,989
+$219,795 +19.9% up $219,795, 19.9% versus November 2020
- Sales
- 78
- SP/LP
- 97%
- DOM
- 20
- SNLR
- 150.0%
Mississauga
Mississauga, Peel Region
$872,865
−$27,077 −3.0% down $27,077, 3.0% versus November 2020
- Sales
- 673
- SP/LP
- 100%
- DOM
- 23
- SNLR
- 117.0%
Brampton
Brampton, Peel Region
$869,107
+$18,492 +2.2% up $18,492, 2.2% versus November 2020
- Sales
- 735
- SP/LP
- 102%
- DOM
- 14
- SNLR
- 121.9%
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 | 78 | −49 −38.6% down 49, 38.6% versus November 2020 | $103.1M | $1,321,989 | +$219,795 +19.9% up $219,795, 19.9% versus November 2020 | $1,125,000 | 52 | 64 | 97% | 20 | 31 | 150.0% | 0.8 |
| Mississauga Mississauga, Peel Region | 673 | −142 −17.4% down 142, 17.4% versus November 2020 | $587.4M | $872,865 | −$27,077 −3.0% down $27,077, 3.0% versus November 2020 | $735,000 | 575 | 676 | 100% | 23 | 35 | 117.0% | 1.0 |
| Brampton Brampton, Peel Region | 735 | −188 −20.4% down 188, 20.4% versus November 2020 | $638.8M | $869,107 | +$18,492 +2.2% up $18,492, 2.2% versus November 2020 | $825,000 | 603 | 273 | 102% | 14 | 21 | 121.9% | 0.4 |