Source: TRREB MarketWatch, January 2020

3 areas

Peel Region

January 2020

Headline indicators

All home types

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

$784,340

MoM +$2,367 +0.3% YoY +12.6%

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

$730,000

MoM +$15,000 +2.1% YoY +12.4%

MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.

$767,500

MoM n/a YoY +10.3%

Sales — Firm transactions reported through the MLS® System during the month.

1,005

MoM +85 +9.2% YoY +12.4%

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

$788.3M

MoM +$68,846,003 +9.6% YoY +26.6%

New listings — Properties newly listed during the month.

1,542

MoM +795 +106.4% YoY −10.0%

Active listings — Listings available at month end.

1,196

MoM +78 +7.0% YoY −36.9%

Avg. LDOM — Average days on market for the current listing. Not reported before 2020.

MoM n/a YoY n/a

Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.

MoM n/a YoY n/a

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

100%

MoM +2.0 pp +2.0% YoY +2.0%

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

65.2%

MoM −58.0 pp −47.1% YoY +24.9%

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.

1.2

MoM −0 −2.1% YoY −43.9%

Trend

13 months to January 2020

Average price

Peel Region average selling price over the 13 months ending January 2020.
Month	Average price
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
Dec '19	781973
Jan '20	784340

Sales

Peel Region sales over the 13 months ending January 2020.
Month	Sales
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
Dec '19	920
Jan '20	1005

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,005	+85 +9.2% up 85, 9.2% versus December 2019	$784,340	+$2,367 +0.3% up $2,367, 0.3% versus December 2019	$730,000	65.2%	1.2
Detached	440	+48 +12.2% up 48, 12.2% versus December 2019	$983,300	−$30,987 −3.1% down $30,987, 3.1% versus December 2019	$908,000	55.7%	1.8
Semi-detached	150	−7 −4.5% down 7, 4.5% versus December 2019	$745,146	+$31,510 +4.4% up $31,510, 4.4% versus December 2019	$747,000	75.0%	0.6
Att/row/townhouse	94	+5 +5.6% up 5, 5.6% versus December 2019	$707,585	+$26,081 +3.8% up $26,081, 3.8% versus December 2019	$702,500	72.3%	0.7
Condo townhouse	128	+27 +26.7% up 27, 26.7% versus December 2019	$578,258	−$382 −0.1% down $382, 0.1% versus December 2019	$579,950	83.1%	0.7
Condo apartment	188	+14 +8.0% up 14, 8.0% versus December 2019	$528,902	+$34,740 +7.0% up $34,740, 7.0% versus December 2019	$500,500	72.9%	0.9
Link	4	−2 −33.3% down 2, 33.3% versus December 2019	$803,375	+$92,125 +13.0% up $92,125, 13.0% versus December 2019	$835,000	57.1%	1.0
Co-op apartment	0	−1 −100.0% down 1, 100.0% versus December 2019	$0	−$425,587 −100.0% down $425,587, 100.0% versus December 2019	—	0.0%	—
Detached condo	1	+1 up 1 versus December 2019	$660,000	n/a not available, prior month not on file versus December 2019	$660,000	50.0%	3.0
Co-ownership apartment	0	no change no change versus December 2019	$0	n/a not available, prior month not on file versus December 2019	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	270.7	$767,500	+10.3% up 10.3%
Single-family detached	261	$921,500	+9.0% up 9.0%
Single-family attached	270	$691,200	+9.6% up 9.6%
Townhouse	268.2	$575,800	+10.9% up 10.9%
Apartment	289.6	$496,500	+14.7% up 14.7%

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Brampton +2.3% up 2.3%
Caledon −0.5% down 0.5%
Mississauga −2.1% down 2.1%

Bottom 5

Mississauga −2.1% down 2.1%
Caledon −0.5% down 0.5%
Brampton +2.3% up 2.3%

Sales, month-over-month

Top 5

Caledon +15.2% up 15.2%
Mississauga +12.0% up 12.0%
Brampton +6.4% up 6.4%

Bottom 5

Brampton +6.4% up 6.4%
Mississauga +12.0% up 12.0%
Caledon +15.2% up 15.2%

Peel Region

Caledon

Caledon, Peel Region

$989,163

−$4,748 −0.5% down $4,748, 0.5% versus December 2019

Sales: 53
SP/LP: 97%
DOM: 29
SNLR: 43.8%

Full history →

Mississauga

Mississauga, Peel Region

$782,415

−$17,178 −2.1% down $17,178, 2.1% versus December 2019

Sales: 439
SP/LP: 99%
DOM: 23
SNLR: 61.9%

Full history →

Brampton

Brampton, Peel Region

$764,826

+$17,409 +2.3% up $17,409, 2.3% versus December 2019

Sales: 513
SP/LP: 100%
DOM: 21
SNLR: 72.0%

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	53	+7 +15.2% up 7, 15.2% versus December 2019	$52.4M	$989,163	−$4,748 −0.5% down $4,748, 0.5% versus December 2019	$849,000	121	142	97%	29	38	43.8%	2.7
Mississauga Mississauga, Peel Region	439	+47 +12.0% up 47, 12.0% versus December 2019	$343.5M	$782,415	−$17,178 −2.1% down $17,178, 2.1% versus December 2019	$679,000	709	609	99%	23	32	61.9%	1.4
Brampton Brampton, Peel Region	513	+31 +6.4% up 31, 6.4% versus December 2019	$392.4M	$764,826	+$17,409 +2.3% up $17,409, 2.3% versus December 2019	$735,000	712	445	100%	21	26	72.0%	0.9