Source: TRREB MarketWatch, November 2019

3 areas

Peel Region

November 2019

Headline indicators

All home types

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

$769,434

MoM −$20,972 −2.7% YoY +6.9%

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

$723,000

MoM +$3,000 +0.4% YoY +8.9%

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.

1,369

MoM −321 −19.0% YoY +11.5%

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

$1.05B

MoM −$282,431,818 −21.1% YoY +19.2%

New listings — Properties newly listed during the month.

1,594

MoM −804 −33.5% YoY −17.5%

Active listings — Listings available at month end.

1,829

MoM −602 −24.8% YoY −32.4%

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

MoM +1 day +4.8% YoY −15.4%

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

99%

MoM no change YoY +1.0%

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

85.9%

MoM +15.4 pp +21.9% YoY +35.1%

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.

1.3

MoM −0 −7.1% YoY −39.4%

Trend

13 months to November 2019

Average price

Peel Region average selling price over the 13 months ending November 2019.
Month	Average price
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
Sep '19	764232
Oct '19	790406
Nov '19	769434

Sales

Peel Region sales over the 13 months ending November 2019.
Month	Sales
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
Sep '19	1631
Oct '19	1690
Nov '19	1369

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,369	−321 −19.0% down 321, 19.0% versus October 2019	$769,434	−$20,972 −2.7% down $20,972, 2.7% versus October 2019	$723,000	85.9%	1.3
Detached	616	−140 −18.5% down 140, 18.5% versus October 2019	$955,080	−$53,857 −5.3% down $53,857, 5.3% versus October 2019	$895,000	78.7%	1.9
Semi-detached	231	−43 −15.7% down 43, 15.7% versus October 2019	$722,076	+$7,609 +1.1% up $7,609, 1.1% versus October 2019	$726,000	94.7%	0.8
Att/row/townhouse	128	−33 −20.5% down 33, 20.5% versus October 2019	$670,619	+$9,100 +1.4% up $9,100, 1.4% versus October 2019	$666,250	100.8%	0.7
Condo townhouse	172	−34 −16.5% down 34, 16.5% versus October 2019	$584,023	+$12,064 +2.1% up $12,064, 2.1% versus October 2019	$584,000	95.6%	0.9
Condo apartment	213	−71 −25.0% down 71, 25.0% versus October 2019	$494,852	−$13,054 −2.6% down $13,054, 2.6% versus October 2019	$465,000	85.5%	1.1
Link	7	+2 +40.0% up 2, 40.0% versus October 2019	$699,714	−$100,206 −12.5% down $100,206, 12.5% versus October 2019	$700,000	100.0%	0.7
Co-op apartment	0	−1 −100.0% down 1, 100.0% versus October 2019	—	n/a not available, prior month not on file versus October 2019	—	0.0%	—
Detached condo	2	−1 −33.3% down 1, 33.3% versus October 2019	$816,500	−$605,167 −42.6% down $605,167, 42.6% versus October 2019	$816,500	100.0%	1.5
Co-ownership apartment	0	no change no change versus October 2019	—	n/a not available, prior month not on file versus October 2019	—	—	—

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Brampton −0.7% down 0.7%
Mississauga −3.3% down 3.3%
Caledon −7.0% down 7.0%

Bottom 5

Caledon −7.0% down 7.0%
Mississauga −3.3% down 3.3%
Brampton −0.7% down 0.7%

Sales, month-over-month

Top 5

Brampton −14.5% down 14.5%
Mississauga −22.7% down 22.7%
Caledon −23.1% down 23.1%

Bottom 5

Caledon −23.1% down 23.1%
Mississauga −22.7% down 22.7%
Brampton −14.5% down 14.5%

Peel Region

Caledon

Caledon, Peel Region

$909,313

−$68,541 −7.0% down $68,541, 7.0% versus October 2019

Sales: 70
SP/LP: 97%
DOM: 31
SNLR: 98.6%

Full history →

Mississauga

Mississauga, Peel Region

$789,760

−$26,623 −3.3% down $26,623, 3.3% versus October 2019

Sales: 644
SP/LP: 98%
DOM: 21
SNLR: 86.6%

Full history →

Brampton

Brampton, Peel Region

$734,499

−$5,390 −0.7% down $5,390, 0.7% versus October 2019

Sales: 655
SP/LP: 99%
DOM: 21
SNLR: 84.1%

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	70	−21 −23.1% down 21, 23.1% versus October 2019	$63.7M	$909,313	−$68,541 −7.0% down $68,541, 7.0% versus October 2019	$855,000	71	201	97%	31	—	98.6%	2.9
Mississauga Mississauga, Peel Region	644	−189 −22.7% down 189, 22.7% versus October 2019	$508.6M	$789,760	−$26,623 −3.3% down $26,623, 3.3% versus October 2019	$739,500	744	887	98%	21	—	86.6%	1.4
Brampton Brampton, Peel Region	655	−111 −14.5% down 111, 14.5% versus October 2019	$481.1M	$734,499	−$5,390 −0.7% down $5,390, 0.7% versus October 2019	$710,000	779	741	99%	21	—	84.1%	1.1