Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$904,963
MoM +$7,572 +0.8% up $7,572, 0.8% versus August 2020 YoY +18.4% up 18.4% versus September 2019
Source: TRREB MarketWatch, September 2020
3 areas
Peel Region
September 2020
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$830,000
MoM +$12,000 +1.5% up $12,000, 1.5% versus August 2020 YoY +17.1% up 17.1% versus September 2019
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$832,700
MoM +$6,500 +0.8% up $6,500, 0.8% versus August 2020 YoY +12.4% up 12.4% versus September 2019
Sales — Firm transactions reported through the MLS® System during the month.
2,363
MoM +62 +2.7% up 62, 2.7% versus August 2020 YoY +44.9% up 44.9% versus September 2019
Dollar volume — Total value of all sales in the month.
$2.14B
MoM +$73,531,461 +3.6% up $73,531,461, 3.6% versus August 2020 YoY +71.6% up 71.6% versus September 2019
New listings — Properties newly listed during the month.
3,810
MoM +89 +2.4% up 89, 2.4% versus August 2020 YoY +35.3% up 35.3% versus September 2019
Active listings — Listings available at month end.
2,863
MoM +75 +2.7% up 75, 2.7% versus August 2020 YoY +3.6% up 3.6% versus September 2019
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
15
MoM +1 day +7.1% up 1 day, 7.1% versus August 2020 YoY n/a not available, prior month not on file versus September 2019
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
21
MoM +1 day +5.0% up 1 day, 5.0% versus August 2020 YoY n/a not available, prior month not on file versus September 2019
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
100%
MoM no change no change versus August 2020 YoY +1.0% up 1.0% versus September 2019
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
62.0%
MoM +0.2 pp +0.3% up 0.2 pp, 0.3% versus August 2020 YoY +7.1% up 7.1% versus September 2019
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 −0.0% down 0, 0.0% versus August 2020 YoY −28.5% down 28.5% versus September 2019
Trend
13 months to September 2020
Average price
| Month | Average price |
|---|---|
| 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 |
| Jun '20 | 866830 |
| Jul '20 | 902257 |
| Aug '20 | 897391 |
| Sep '20 | 904963 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Jun '20 | 1778 |
| Jul '20 | 2339 |
| Aug '20 | 2301 |
| Sep '20 | 2363 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 2,363 | +62 +2.7% up 62, 2.7% versus August 2020 | $904,963 | +$7,572 +0.8% up $7,572, 0.8% versus August 2020 | $830,000 | 62.0% | 1.2 |
| Detached | 1,174 | +47 +4.2% up 47, 4.2% versus August 2020 | $1,124,551 | +$11,917 +1.1% up $11,917, 1.1% versus August 2020 | $1,011,500 | 66.2% | 1.1 |
| Semi-detached | 389 | −3 −0.8% down 3, 0.8% versus August 2020 | $820,967 | +$16,872 +2.1% up $16,872, 2.1% versus August 2020 | $810,000 | 71.6% | 0.7 |
| Att/row/townhouse | 216 | −17 −7.3% down 17, 7.3% versus August 2020 | $743,023 | −$3,736 −0.5% down $3,736, 0.5% versus August 2020 | $735,000 | 65.8% | 0.9 |
| Condo townhouse | 256 | +5 +2.0% up 5, 2.0% versus August 2020 | $643,608 | +$5,827 +0.9% up $5,827, 0.9% versus August 2020 | $630,000 | 59.3% | 1.2 |
| Condo apartment | 311 | +30 +10.7% up 30, 10.7% versus August 2020 | $513,177 | −$13,882 −2.6% down $13,882, 2.6% versus August 2020 | $496,000 | 44.4% | 2.4 |
| Link | 12 | −2 −14.3% down 2, 14.3% versus August 2020 | $790,842 | +$24,485 +3.2% up $24,485, 3.2% versus August 2020 | $767,500 | 50.0% | 1.2 |
| Co-op apartment | 1 | +1 up 1 versus August 2020 | $470,000 | +$470,000 up $470,000 versus August 2020 | $470,000 | 50.0% | 1.0 |
| Detached condo | 4 | +1 +33.3% up 1, 33.3% versus August 2020 | $1,008,750 | +$61,250 +6.5% up $61,250, 6.5% versus August 2020 | $938,000 | 66.7% | 1.3 |
| Co-ownership apartment | 0 | no change no change versus August 2020 | $0 | no change no change versus August 2020 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 293.6 | $832,700 | +12.4% up 12.4% |
| Single-family detached | 283 | $1,002,300 | +11.9% up 11.9% |
| Single-family attached | 294.7 | $753,100 | +13.3% up 13.3% |
| Townhouse | 301.7 | $637,300 | +13.9% up 13.9% |
| Apartment | 308.3 | $528,600 | +12.6% up 12.6% |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Caledon +8.3% up 8.3%
- Brampton +1.0% up 1.0%
- Mississauga −1.2% down 1.2%
Bottom 5
- Mississauga −1.2% down 1.2%
- Brampton +1.0% up 1.0%
- Caledon +8.3% up 8.3%
Sales, month-over-month
Top 5
- Mississauga +11.9% up 11.9%
- Caledon +1.3% up 1.3%
- Brampton −4.4% down 4.4%
Bottom 5
- Brampton −4.4% down 4.4%
- Caledon +1.3% up 1.3%
- Mississauga +11.9% up 11.9%
Peel Region
Caledon
Caledon, Peel Region
$1,192,288
+$91,654 +8.3% up $91,654, 8.3% versus August 2020
- Sales
- 158
- SP/LP
- 99%
- DOM
- 16
- SNLR
- 66.7%
Mississauga
Mississauga, Peel Region
$908,545
−$10,750 −1.2% down $10,750, 1.2% versus August 2020
- Sales
- 1,063
- SP/LP
- 100%
- DOM
- 16
- SNLR
- 57.2%
Brampton
Brampton, Peel Region
$861,877
+$8,432 +1.0% up $8,432, 1.0% versus August 2020
- Sales
- 1,142
- SP/LP
- 101%
- DOM
- 13
- SNLR
- 66.6%
All Peel Region areas
3 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Caledon Caledon, Peel Region | 158 | +2 +1.3% up 2, 1.3% versus August 2020 | $188.4M | $1,192,288 | +$91,654 +8.3% up $91,654, 8.3% versus August 2020 | $1,106,251 | 237 | 225 | 99% | 16 | 23 | 66.7% | 1.4 |
| Mississauga Mississauga, Peel Region | 1,063 | +113 +11.9% up 113, 11.9% versus August 2020 | $965.8M | $908,545 | −$10,750 −1.2% down $10,750, 1.2% versus August 2020 | $830,000 | 1,859 | 1,563 | 100% | 16 | 22 | 57.2% | 1.5 |
| Brampton Brampton, Peel Region | 1,142 | −53 −4.4% down 53, 4.4% versus August 2020 | $984.3M | $861,877 | +$8,432 +1.0% up $8,432, 1.0% versus August 2020 | $811,750 | 1,714 | 1,075 | 101% | 13 | 18 | 66.6% | 0.9 |