Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$712,798
MoM −$13,616 −1.9% down $13,616, 1.9% versus September 2018 YoY +3.4% up 3.4% versus October 2017
Source: TRREB MarketWatch, October 2018
3 areas
Peel Region
October 2018
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$660,000
MoM −$5,000 −0.8% down $5,000, 0.8% versus September 2018 YoY +2.3% up 2.3% versus October 2017
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
—
MoM n/a not available, prior month not on file versus September 2018 YoY n/a not available, prior month not on file versus October 2017
Sales — Firm transactions reported through the MLS® System during the month.
1,457
MoM +142 +10.8% up 142, 10.8% versus September 2018 YoY +2.9% up 2.9% versus October 2017
Dollar volume — Total value of all sales in the month.
$1.04B
MoM +$83,312,312 +8.7% up $83,312,312, 8.7% versus September 2018 YoY +6.4% up 6.4% versus October 2017
New listings — Properties newly listed during the month.
2,638
MoM −314 −10.6% down 314, 10.6% versus September 2018 YoY −10.8% down 10.8% versus October 2017
Active listings — Listings available at month end.
3,215
MoM −334 −9.4% down 334, 9.4% versus September 2018 YoY −10.5% down 10.5% versus October 2017
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
24
MoM +1 day +4.3% up 1 day, 4.3% versus September 2018 YoY no change no change versus October 2017
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
98%
MoM no change no change versus September 2018 YoY +1.0% up 1.0% versus October 2017
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
55.2%
MoM +10.7 pp +24.0% up 10.7 pp, 24.0% versus September 2018 YoY +15.4% up 15.4% versus October 2017
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.
2.2
MoM −0 −18.2% down 0, 18.2% versus September 2018 YoY −13.0% down 13.0% versus October 2017
Trend
13 months to October 2018
Average price
| Month | Average price |
|---|---|
| Oct '17 | 689294 |
| Nov '17 | 676948 |
| Dec '17 | 677926 |
| Jan '18 | 663896 |
| Feb '18 | 686621 |
| Mar '18 | 715158 |
| Apr '18 | 725598 |
| May '18 | 735690 |
| Jun '18 | 720215 |
| Jul '18 | 716077 |
| Aug '18 | 703342 |
| Sep '18 | 726414 |
| Oct '18 | 712798 |
Sales
| Month | Sales |
|---|---|
| Oct '17 | 1416 |
| Nov '17 | 1554 |
| Dec '17 | 1076 |
| Jan '18 | 887 |
| Feb '18 | 1024 |
| Mar '18 | 1546 |
| Apr '18 | 1689 |
| May '18 | 1807 |
| Jun '18 | 1693 |
| Jul '18 | 1466 |
| Aug '18 | 1446 |
| Sep '18 | 1315 |
| Oct '18 | 1457 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,457 | +142 +10.8% up 142, 10.8% versus September 2018 | $712,798 | −$13,616 −1.9% down $13,616, 1.9% versus September 2018 | $660,000 | 55.2% | 2.2 |
| Detached | 654 | +81 +14.1% up 81, 14.1% versus September 2018 | $910,930 | −$29,215 −3.1% down $29,215, 3.1% versus September 2018 | $842,500 | 46.8% | 2.9 |
| Semi-detached | 227 | −8 −3.4% down 8, 3.4% versus September 2018 | $680,303 | +$5,424 +0.8% up $5,424, 0.8% versus September 2018 | $670,000 | 59.4% | 1.8 |
| Att/row/townhouse | 121 | −2 −1.6% down 2, 1.6% versus September 2018 | $626,940 | +$3,279 +0.5% up $3,279, 0.5% versus September 2018 | $620,000 | 56.8% | 2.0 |
| Condo townhouse | 167 | +23 +16.0% up 23, 16.0% versus September 2018 | $515,478 | −$28,334 −5.2% down $28,334, 5.2% versus September 2018 | $508,000 | 66.8% | 1.6 |
| Condo apartment | 280 | +46 +19.7% up 46, 19.7% versus September 2018 | $431,670 | +$9,974 +2.4% up $9,974, 2.4% versus September 2018 | $405,000 | 74.7% | 1.3 |
| Link | 6 | +1 +20.0% up 1, 20.0% versus September 2018 | $705,583 | +$3,683 +0.5% up $3,683, 0.5% versus September 2018 | $696,250 | 50.0% | 1.8 |
| Co-op apartment | 0 | no change no change versus September 2018 | — | n/a not available, prior month not on file versus September 2018 | — | — | — |
| Detached condo | 2 | +1 +100.0% up 1, 100.0% versus September 2018 | $662,500 | −$67,500 −9.2% down $67,500, 9.2% versus September 2018 | $662,500 | 28.6% | 3.0 |
| Co-ownership apartment | 0 | no change no change versus September 2018 | — | n/a not available, prior month not on file versus September 2018 | — | — | — |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Caledon +4.8% up 4.8%
- Brampton +1.4% up 1.4%
- Mississauga −5.6% down 5.6%
Bottom 5
- Mississauga −5.6% down 5.6%
- Brampton +1.4% up 1.4%
- Caledon +4.8% up 4.8%
Sales, month-over-month
Top 5
- Mississauga +12.4% up 12.4%
- Brampton +10.8% up 10.8%
- Caledon −1.2% down 1.2%
Bottom 5
- Caledon −1.2% down 1.2%
- Brampton +10.8% up 10.8%
- Mississauga +12.4% up 12.4%
Peel Region
Caledon
Caledon, Peel Region
$972,500
+$44,858 +4.8% up $44,858, 4.8% versus September 2018
- Sales
- 81
- SP/LP
- 96%
- DOM
- 30
- SNLR
- 51.9%
Brampton
Brampton, Peel Region
$701,133
+$9,864 +1.4% up $9,864, 1.4% versus September 2018
- Sales
- 685
- SP/LP
- 98%
- DOM
- 24
- SNLR
- 53.3%
Mississauga
Mississauga, Peel Region
$693,920
−$40,981 −5.6% down $40,981, 5.6% versus September 2018
- Sales
- 691
- SP/LP
- 98%
- DOM
- 23
- SNLR
- 57.7%
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 | 81 | −1 −1.2% down 1, 1.2% versus September 2018 | $78.8M | $972,500 | +$44,858 +4.8% up $44,858, 4.8% versus September 2018 | $885,000 | 156 | 312 | 96% | 30 | — | 51.9% | 3.9 |
| Brampton Brampton, Peel Region | 685 | +67 +10.8% up 67, 10.8% versus September 2018 | $480.3M | $701,133 | +$9,864 +1.4% up $9,864, 1.4% versus September 2018 | $662,000 | 1,285 | 1,472 | 98% | 24 | — | 53.3% | 2.1 |
| Mississauga Mississauga, Peel Region | 691 | +76 +12.4% up 76, 12.4% versus September 2018 | $479.5M | $693,920 | −$40,981 −5.6% down $40,981, 5.6% versus September 2018 | $625,000 | 1,197 | 1,431 | 98% | 23 | — | 57.7% | 2.1 |