Source: TRREB MarketWatch, January 2018

3 areas

Peel Region

January 2018

Headline indicators

All home types

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

$663,896

MoM −$14,030 −2.1% YoY −3.8%

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

$618,000

MoM −$4,750 −0.8% YoY −1.9%

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

—

MoM n/a YoY n/a

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

887

MoM −189 −17.6% YoY −17.9%

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

$588.9M

MoM −$140,573,426 −19.3% YoY −21.1%

New listings — Properties newly listed during the month.

1,633

MoM +150 +10.1% YoY +17.7%

Active listings — Listings available at month end.

2,195

MoM −378 −14.7% YoY +161.9%

Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.

MoM +6 days +23.1% YoY +88.2%

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

97%

MoM no change YoY −5.8%

SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.

54.3%

MoM −18.2 pp −25.1% YoY −30.3%

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.

2.5

MoM +0 +3.5% YoY +219.2%

Trend

13 months to January 2018

Average price

Peel Region average selling price over the 13 months ending January 2018.
Month	Average price
Jan '17	690405
Feb '17	733799
Mar '17	790251
Apr '17	790298
May '17	767848
Jun '17	708425
Jul '17	686772
Aug '17	653845
Sep '17	674107
Oct '17	689294
Nov '17	676948
Dec '17	677926
Jan '18	663896

Sales

Peel Region sales over the 13 months ending January 2018.
Month	Sales
Jan '17	1081
Feb '17	1626
Mar '17	2382
Apr '17	2366
May '17	2108
Jun '17	1662
Jul '17	1313
Aug '17	1307
Sep '17	1288
Oct '17	1416
Nov '17	1554
Dec '17	1076
Jan '18	887

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	887	−189 −17.6% down 189, 17.6% versus December 2017	$663,896	−$14,030 −2.1% down $14,030, 2.1% versus December 2017	$618,000	54.3%	2.5
Detached	355	−70 −16.5% down 70, 16.5% versus December 2017	$881,160	−$37,052 −4.0% down $37,052, 4.0% versus December 2017	$800,000	43.0%	3.6
Semi-detached	142	−37 −20.7% down 37, 20.7% versus December 2017	$646,733	−$941 −0.1% down $941, 0.1% versus December 2017	$637,450	70.3%	1.7
Att/row/townhouse	77	−25 −24.5% down 25, 24.5% versus December 2017	$602,825	−$4,108 −0.7% down $4,108, 0.7% versus December 2017	$599,900	49.0%	2.3
Condo townhouse	115	−31 −21.2% down 31, 21.2% versus December 2017	$509,576	+$14,205 +2.9% up $14,205, 2.9% versus December 2017	$497,000	74.7%	1.6
Condo apartment	191	−27 −12.4% down 27, 12.4% versus December 2017	$392,926	+$926 +0.2% up $926, 0.2% versus December 2017	$380,000	67.3%	1.6
Link	5	+1 +25.0% up 1, 25.0% versus December 2017	$672,800	+$54,550 +8.8% up $54,550, 8.8% versus December 2017	$700,000	55.6%	2.6
Co-op apartment	1	no change no change versus December 2017	$286,000	−$103,900 −26.6% down $103,900, 26.6% versus December 2017	$286,000	100.0%	0.0
Detached condo	1	no change no change versus December 2017	$510,000	−$215,000 −29.7% down $215,000, 29.7% versus December 2017	$510,000	100.0%	1.0
Co-ownership apartment	0	no change no change versus December 2017	—	n/a not available, prior month not on file versus December 2017	—	—	—

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Brampton +3.4% up 3.4%
Mississauga −6.6% down 6.6%
Caledon −14.1% down 14.1%

Bottom 5

Caledon −14.1% down 14.1%
Mississauga −6.6% down 6.6%
Brampton +3.4% up 3.4%

Sales, month-over-month

Top 5

Caledon −2.0% down 2.0%
Mississauga −16.5% down 16.5%
Brampton −19.9% down 19.9%

Bottom 5

Brampton −19.9% down 19.9%
Mississauga −16.5% down 16.5%
Caledon −2.0% down 2.0%

Peel Region

Caledon

Caledon, Peel Region

$874,413

−$143,693 −14.1% down $143,693, 14.1% versus December 2017

Sales: 48
SP/LP: 97%
DOM: 38
SNLR: 40.7%

Full history →

Brampton

Brampton, Peel Region

$671,332

+$22,375 +3.4% up $22,375, 3.4% versus December 2017

Sales: 430
SP/LP: 97%
DOM: 31
SNLR: 53.1%

Full history →

Mississauga

Mississauga, Peel Region

$631,372

−$44,284 −6.6% down $44,284, 6.6% versus December 2017

Sales: 409
SP/LP: 97%
DOM: 32
SNLR: 57.9%

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	48	−1 −2.0% down 1, 2.0% versus December 2017	$42.0M	$874,413	−$143,693 −14.1% down $143,693, 14.1% versus December 2017	$796,950	118	194	97%	38	—	40.7%	4.0
Brampton Brampton, Peel Region	430	−107 −19.9% down 107, 19.9% versus December 2017	$288.7M	$671,332	+$22,375 +3.4% up $22,375, 3.4% versus December 2017	$635,000	809	1,065	97%	31	—	53.1%	2.5
Mississauga Mississauga, Peel Region	409	−81 −16.5% down 81, 16.5% versus December 2017	$258.2M	$631,372	−$44,284 −6.6% down $44,284, 6.6% versus December 2017	$565,000	706	936	97%	32	—	57.9%	2.3