Source: TRREB MarketWatch, May 2020

3 areas

Peel Region

May 2020

Headline indicators

All home types

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

$807,724

MoM +$5,569 +0.7% YoY +7.1%

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

$755,000

MoM +$4,375 +0.6% YoY +7.9%

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

$810,000

MoM −$1,200 −0.1% YoY +11.1%

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

927

MoM +407 +78.3% YoY −57.1%

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

$748.8M

MoM +$331,639,073 +79.5% YoY −54.1%

New listings — Properties newly listed during the month.

1,762

MoM +581 +49.2% YoY −52.5%

Active listings — Listings available at month end.

1,984

MoM +109 +5.8% YoY −38.7%

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

MoM +4 days +21.1% YoY n/a

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

MoM +10 days +43.5% YoY n/a

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

98%

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.

52.6%

MoM +8.6 pp +19.5% YoY −9.7%

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.

2.1

MoM −1 −40.6% YoY +43.1%

Trend

13 months to May 2020

Average price

Peel Region average selling price over the 13 months ending May 2020.
Month	Average price
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
Feb '20	861537
Mar '20	840355
Apr '20	802155
May '20	807724

Sales

Peel Region sales over the 13 months ending May 2020.
Month	Sales
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
Feb '20	1516
Mar '20	1597
Apr '20	520
May '20	927

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	927	+407 +78.3% up 407, 78.3% versus April 2020	$807,724	+$5,569 +0.7% up $5,569, 0.7% versus April 2020	$755,000	52.6%	2.1
Detached	442	+205 +86.5% up 205, 86.5% versus April 2020	$993,482	−$4,321 −0.4% down $4,321, 0.4% versus April 2020	$915,500	50.2%	2.5
Semi-detached	143	+50 +53.8% up 50, 53.8% versus April 2020	$752,187	+$6,541 +0.9% up $6,541, 0.9% versus April 2020	$750,000	58.1%	1.4
Att/row/townhouse	97	+57 +142.5% up 57, 142.5% versus April 2020	$703,607	−$8,040 −1.1% down $8,040, 1.1% versus April 2020	$705,000	71.3%	1.3
Condo townhouse	109	+33 +43.4% up 33, 43.4% versus April 2020	$606,645	−$2,589 −0.4% down $2,589, 0.4% versus April 2020	$620,000	58.0%	1.6
Condo apartment	133	+60 +82.2% up 60, 82.2% versus April 2020	$491,897	+$1,779 +0.4% up $1,779, 0.4% versus April 2020	$493,000	43.9%	2.7
Link	2	+1 +100.0% up 1, 100.0% versus April 2020	$725,000	−$25,000 −3.3% down $25,000, 3.3% versus April 2020	$725,000	50.0%	4.5
Co-op apartment	0	no change no change versus April 2020	$0	no change no change versus April 2020	—	—	—
Detached condo	1	+1 up 1 versus April 2020	$832,000	+$832,000 up $832,000 versus April 2020	$832,000	20.0%	7.0
Co-ownership apartment	0	no change no change versus April 2020	$0	no change no change versus April 2020	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	285.6	$810,000	+11.1% up 11.1%
Single-family detached	271.9	$962,900	+8.9% up 8.9%
Single-family attached	281.9	$720,300	+10.2% up 10.2%
Townhouse	290.9	$614,500	+12.1% up 12.1%
Apartment	311.7	$534,400	+16.7% up 16.7%

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Brampton +4.9% up 4.9%
Caledon +4.1% up 4.1%
Mississauga −4.3% down 4.3%

Bottom 5

Mississauga −4.3% down 4.3%
Caledon +4.1% up 4.1%
Brampton +4.9% up 4.9%

Sales, month-over-month

Top 5

Caledon +181.0% up 181.0%
Brampton +92.5% up 92.5%
Mississauga +56.9% up 56.9%

Bottom 5

Mississauga +56.9% up 56.9%
Brampton +92.5% up 92.5%
Caledon +181.0% up 181.0%

Peel Region

Caledon

Caledon, Peel Region

$999,899

+$39,232 +4.1% up $39,232, 4.1% versus April 2020

Sales: 59
SP/LP: 96%
DOM: 36
SNLR: 49.2%

Full history →

Mississauga

Mississauga, Peel Region

$796,577

−$35,535 −4.3% down $35,535, 4.3% versus April 2020

Sales: 408
SP/LP: 98%
DOM: 22
SNLR: 50.8%

Full history →

Brampton

Brampton, Peel Region

$792,961

+$37,323 +4.9% up $37,323, 4.9% versus April 2020

Sales: 460
SP/LP: 99%
DOM: 22
SNLR: 54.9%

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	59	+38 +181.0% up 38, 181.0% versus April 2020	$59.0M	$999,899	+$39,232 +4.1% up $39,232, 4.1% versus April 2020	$875,000	120	208	96%	36	53	49.2%	3.5
Mississauga Mississauga, Peel Region	408	+148 +56.9% up 148, 56.9% versus April 2020	$325.0M	$796,577	−$35,535 −4.3% down $35,535, 4.3% versus April 2020	$749,950	804	959	98%	22	29	50.8%	2.4
Brampton Brampton, Peel Region	460	+221 +92.5% up 221, 92.5% versus April 2020	$364.8M	$792,961	+$37,323 +4.9% up $37,323, 4.9% versus April 2020	$747,300	838	817	99%	22	33	54.9%	1.8