Source: TRREB MarketWatch, August 2019

3 areas

Peel Region

August 2019

Headline indicators

All home types

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

$745,901

MoM −$15,586 −2.0% YoY +6.1%

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

$704,500

MoM +$2,500 +0.4% YoY +6.2%

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.

1,709

MoM −100 −5.5% YoY +18.2%

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

$1.27B

MoM −$102,785,090 −7.5% YoY +25.3%

New listings — Properties newly listed during the month.

2,621

MoM −276 −9.5% YoY −1.0%

Active listings — Listings available at month end.

2,719

MoM −287 −9.5% YoY −18.2%

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

MoM +2 days +10.5% YoY −12.5%

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

99%

MoM +1.0 pp +1.0% YoY +1.0%

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

65.2%

MoM +2.8 pp +4.4% YoY +19.4%

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.

1.6

MoM −0 −4.3% YoY −30.8%

Trend

13 months to August 2019

Average price

Peel Region average selling price over the 13 months ending August 2019.
Month	Average price
Aug '18	703342
Sep '18	726414
Oct '18	712798
Nov '18	719649
Dec '18	701427
Jan '19	696690
Feb '19	712623
Mar '19	734417
Apr '19	752576
May '19	754155
Jun '19	758444
Jul '19	761487
Aug '19	745901

Sales

Peel Region sales over the 13 months ending August 2019.
Month	Sales
Aug '18	1446
Sep '18	1315
Oct '18	1457
Nov '18	1228
Dec '18	782
Jan '19	894
Feb '19	1055
Mar '19	1537
Apr '19	1925
May '19	2162
Jun '19	1902
Jul '19	1809
Aug '19	1709

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,709	−100 −5.5% down 100, 5.5% versus July 2019	$745,901	−$15,586 −2.0% down $15,586, 2.0% versus July 2019	$704,500	65.2%	1.6
Detached	756	−49 −6.1% down 49, 6.1% versus July 2019	$940,084	−$23,359 −2.4% down $23,359, 2.4% versus July 2019	$868,500	57.7%	2.1
Semi-detached	264	−52 −16.5% down 52, 16.5% versus July 2019	$714,615	−$1,630 −0.2% down $1,630, 0.2% versus July 2019	$720,000	64.2%	1.2
Att/row/townhouse	169	+9 +5.6% up 9, 5.6% versus July 2019	$647,991	−$11,585 −1.8% down $11,585, 1.8% versus July 2019	$646,000	67.9%	1.2
Condo townhouse	200	−8 −3.8% down 8, 3.8% versus July 2019	$563,481	−$10,123 −1.8% down $10,123, 1.8% versus July 2019	$550,000	76.3%	1.1
Condo apartment	308	no change no change versus July 2019	$467,360	+$5,093 +1.1% up $5,093, 1.1% versus July 2019	$455,500	82.6%	1.1
Link	8	−3 −27.3% down 3, 27.3% versus July 2019	$791,000	+$79,718 +11.2% up $79,718, 11.2% versus July 2019	$781,500	61.5%	1.0
Co-op apartment	0	no change no change versus July 2019	—	n/a not available, prior month not on file versus July 2019	—	0.0%	—
Detached condo	4	+3 +300.0% up 3, 300.0% versus July 2019	$725,250	+$145,250 +25.0% up $145,250, 25.0% versus July 2019	$737,500	200.0%	1.5
Co-ownership apartment	0	no change no change versus July 2019	—	n/a not available, prior month not on file versus July 2019	—	—	—

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Brampton −0.3% down 0.3%
Caledon −0.4% down 0.4%
Mississauga −4.2% down 4.2%

Bottom 5

Mississauga −4.2% down 4.2%
Caledon −0.4% down 0.4%
Brampton −0.3% down 0.3%

Sales, month-over-month

Top 5

Caledon −1.9% down 1.9%
Brampton −4.0% down 4.0%
Mississauga −7.6% down 7.6%

Bottom 5

Mississauga −7.6% down 7.6%
Brampton −4.0% down 4.0%
Caledon −1.9% down 1.9%

Peel Region

Caledon

Caledon, Peel Region

$933,722

−$3,827 −0.4% down $3,827, 0.4% versus July 2019

Sales: 106
SP/LP: 98%
DOM: 29
SNLR: 70.7%

Full history →

Brampton

Brampton, Peel Region

$734,362

−$2,039 −0.3% down $2,039, 0.3% versus July 2019

Sales: 824
SP/LP: 99%
DOM: 19
SNLR: 62.9%

Full history →

Mississauga

Mississauga, Peel Region

$732,549

−$31,914 −4.2% down $31,914, 4.2% versus July 2019

Sales: 779
SP/LP: 98%
DOM: 21
SNLR: 67.1%

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	106	−2 −1.9% down 2, 1.9% versus July 2019	$99.0M	$933,722	−$3,827 −0.4% down $3,827, 0.4% versus July 2019	$833,000	150	248	98%	29	—	70.7%	2.3
Brampton Brampton, Peel Region	824	−34 −4.0% down 34, 4.0% versus July 2019	$605.1M	$734,362	−$2,039 −0.3% down $2,039, 0.3% versus July 2019	$700,550	1,310	1,229	99%	19	—	62.9%	1.5
Mississauga Mississauga, Peel Region	779	−64 −7.6% down 64, 7.6% versus July 2019	$570.7M	$732,549	−$31,914 −4.2% down $31,914, 4.2% versus July 2019	$689,900	1,161	1,242	98%	21	—	67.1%	1.6