Source: TRREB MarketWatch, March 2018

3 areas

Peel Region

March 2018

Headline indicators

All home types

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

$715,158

MoM +$28,537 +4.2% YoY −9.5%

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

$665,000

MoM +$30,000 +4.7% YoY −9.1%

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.

1,546

MoM +522 +51.0% YoY −35.1%

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

$1.11B

MoM +$402,534,596 +57.3% YoY −41.3%

New listings — Properties newly listed during the month.

2,971

MoM +1,006 +51.2% YoY −11.5%

Active listings — Listings available at month end.

2,797

MoM +471 +20.2% YoY +97.5%

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

MoM −5 days −20.8% YoY +137.5%

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

98%

MoM +1.0 pp +1.0% YoY −10.9%

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

52.0%

MoM −0.1 pp −0.1% YoY −26.6%

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.

1.8

MoM −0 −20.4% YoY +204.3%

Trend

13 months to March 2018

Average price

Peel Region average selling price over the 13 months ending March 2018.
Month	Average price
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
Feb '18	686621
Mar '18	715158

Sales

Peel Region sales over the 13 months ending March 2018.
Month	Sales
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
Feb '18	1024
Mar '18	1546

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,546	+522 +51.0% up 522, 51.0% versus February 2018	$715,158	+$28,537 +4.2% up $28,537, 4.2% versus February 2018	$665,000	52.0%	1.8
Detached	685	+267 +63.9% up 267, 63.9% versus February 2018	$914,457	−$753 −0.1% down $753, 0.1% versus February 2018	$850,000	45.1%	2.3
Semi-detached	251	+100 +66.2% up 100, 66.2% versus February 2018	$663,873	+$13,865 +2.1% up $13,865, 2.1% versus February 2018	$655,000	63.5%	1.1
Att/row/townhouse	128	+27 +26.7% up 27, 26.7% versus February 2018	$630,791	+$5,512 +0.9% up $5,512, 0.9% versus February 2018	$621,250	52.2%	1.7
Condo townhouse	175	+59 +50.9% up 59, 50.9% versus February 2018	$558,123	+$33,173 +6.3% up $33,173, 6.3% versus February 2018	$548,000	52.7%	1.6
Condo apartment	296	+64 +27.6% up 64, 27.6% versus February 2018	$423,599	+$16,938 +4.2% up $16,938, 4.2% versus February 2018	$394,000	64.5%	1.3
Link	10	+4 +66.7% up 4, 66.7% versus February 2018	$755,100	+$88,767 +13.3% up $88,767, 13.3% versus February 2018	$741,000	55.6%	1.4
Co-op apartment	0	no change no change versus February 2018	—	n/a not available, prior month not on file versus February 2018	—	0.0%	—
Detached condo	1	+1 up 1 versus February 2018	$1,250,000	n/a not available, prior month not on file versus February 2018	$1,250,000	100.0%	4.0
Co-ownership apartment	0	no change no change versus February 2018	—	n/a not available, prior month not on file versus February 2018	—	—	—

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Mississauga +9.3% up 9.3%
Brampton +1.9% up 1.9%
Caledon −8.7% down 8.7%

Bottom 5

Caledon −8.7% down 8.7%
Brampton +1.9% up 1.9%
Mississauga +9.3% up 9.3%

Sales, month-over-month

Top 5

Mississauga +59.9% up 59.9%
Brampton +44.7% up 44.7%
Caledon +29.3% up 29.3%

Bottom 5

Caledon +29.3% up 29.3%
Brampton +44.7% up 44.7%
Mississauga +59.9% up 59.9%

Peel Region

Caledon

Caledon, Peel Region

$926,614

−$88,071 −8.7% down $88,071, 8.7% versus February 2018

Sales: 75
SP/LP: 97%
DOM: 31
SNLR: 45.7%

Full history →

Mississauga

Mississauga, Peel Region

$716,690

+$60,886 +9.3% up $60,886, 9.3% versus February 2018

Sales: 769
SP/LP: 98%
DOM: 19
SNLR: 55.1%

Full history →

Brampton

Brampton, Peel Region

$690,888

+$12,937 +1.9% up $12,937, 1.9% versus February 2018

Sales: 702
SP/LP: 98%
DOM: 18
SNLR: 49.7%

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	75	+17 +29.3% up 17, 29.3% versus February 2018	$69.5M	$926,614	−$88,071 −8.7% down $88,071, 8.7% versus February 2018	$865,000	164	237	97%	31	—	45.7%	3.2
Mississauga Mississauga, Peel Region	769	+288 +59.9% up 288, 59.9% versus February 2018	$551.1M	$716,690	+$60,886 +9.3% up $60,886, 9.3% versus February 2018	$642,000	1,395	1,278	98%	19	—	55.1%	1.7
Brampton Brampton, Peel Region	702	+217 +44.7% up 217, 44.7% versus February 2018	$485.0M	$690,888	+$12,937 +1.9% up $12,937, 1.9% versus February 2018	$665,000	1,412	1,282	98%	18	—	49.7%	1.8