Source: TRREB MarketWatch, December 2018

3 areas

Peel Region

December 2018

Headline indicators

All home types

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

$701,427

MoM −$18,222 −2.5% YoY +3.5%

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

$650,000

MoM −$14,000 −2.1% YoY +4.4%

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.

782

MoM −446 −36.3% YoY −27.3%

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

$548.5M

MoM −$335,213,203 −37.9% YoY −24.8%

New listings — Properties newly listed during the month.

878

MoM −1,053 −54.5% YoY −40.8%

Active listings — Listings available at month end.

1,896

MoM −810 −29.9% YoY −26.3%

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

MoM +2 days +7.7% YoY +7.7%

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

97%

MoM −1.0 pp −1.0% YoY no change

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

89.1%

MoM +25.5 pp +40.1% YoY +22.8%

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.

2.4

MoM +0 +10.0% YoY +1.4%

Trend

13 months to December 2018

Average price

Peel Region average selling price over the 13 months ending December 2018.
Month	Average price
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
Nov '18	719649
Dec '18	701427

Sales

Peel Region sales over the 13 months ending December 2018.
Month	Sales
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
Nov '18	1228
Dec '18	782

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	782	−446 −36.3% down 446, 36.3% versus November 2018	$701,427	−$18,222 −2.5% down $18,222, 2.5% versus November 2018	$650,000	89.1%	2.4
Detached	337	−190 −36.1% down 190, 36.1% versus November 2018	$899,698	−$37,026 −4.0% down $37,026, 4.0% versus November 2018	$837,500	79.1%	3.4
Semi-detached	126	−93 −42.5% down 93, 42.5% versus November 2018	$668,943	+$7,483 +1.1% up $7,483, 1.1% versus November 2018	$665,000	88.7%	1.5
Att/row/townhouse	74	−34 −31.5% down 34, 31.5% versus November 2018	$619,101	−$25,877 −4.0% down $25,877, 4.0% versus November 2018	$599,000	76.3%	2.3
Condo townhouse	90	−50 −35.7% down 50, 35.7% versus November 2018	$544,334	+$5,729 +1.1% up $5,729, 1.1% versus November 2018	$540,000	111.1%	1.7
Condo apartment	152	−73 −32.4% down 73, 32.4% versus November 2018	$422,355	+$3,344 +0.8% up $3,344, 0.8% versus November 2018	$410,500	118.8%	1.6
Link	3	−3 −50.0% down 3, 50.0% versus November 2018	$676,334	+$167 +0.0% up $167, 0.0% versus November 2018	$730,000	100.0%	1.3
Co-op apartment	0	−1 −100.0% down 1, 100.0% versus November 2018	—	n/a not available, prior month not on file versus November 2018	—	—	—
Detached condo	0	−2 −100.0% down 2, 100.0% versus November 2018	—	n/a not available, prior month not on file versus November 2018	—	—	—
Co-ownership apartment	0	no change no change versus November 2018	—	n/a not available, prior month not on file versus November 2018	—	0.0%	—

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Caledon +7.0% up 7.0%
Brampton +1.5% up 1.5%
Mississauga −8.0% down 8.0%

Bottom 5

Mississauga −8.0% down 8.0%
Brampton +1.5% up 1.5%
Caledon +7.0% up 7.0%

Sales, month-over-month

Top 5

Caledon −32.8% down 32.8%
Brampton −36.0% down 36.0%
Mississauga −37.1% down 37.1%

Bottom 5

Mississauga −37.1% down 37.1%
Brampton −36.0% down 36.0%
Caledon −32.8% down 32.8%

Peel Region

Caledon

Caledon, Peel Region

$979,516

+$64,148 +7.0% up $64,148, 7.0% versus November 2018

Sales: 43
SP/LP: 95%
DOM: 35
SNLR: 72.9%

Full history →

Brampton

Brampton, Peel Region

$695,975

+$10,163 +1.5% up $10,163, 1.5% versus November 2018

Sales: 379
SP/LP: 98%
DOM: 27
SNLR: 78.5%

Full history →

Mississauga

Mississauga, Peel Region

$673,950

−$58,821 −8.0% down $58,821, 8.0% versus November 2018

Sales: 360
SP/LP: 97%
DOM: 29
SNLR: 107.1%

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	43	−21 −32.8% down 21, 32.8% versus November 2018	$42.1M	$979,516	+$64,148 +7.0% up $64,148, 7.0% versus November 2018	$845,000	59	198	95%	35	—	72.9%	4.6
Brampton Brampton, Peel Region	379	−213 −36.0% down 213, 36.0% versus November 2018	$263.8M	$695,975	+$10,163 +1.5% up $10,163, 1.5% versus November 2018	$659,000	483	906	98%	27	—	78.5%	2.4
Mississauga Mississauga, Peel Region	360	−212 −37.1% down 212, 37.1% versus November 2018	$242.6M	$673,950	−$58,821 −8.0% down $58,821, 8.0% versus November 2018	$610,000	336	792	97%	29	—	107.1%	2.2