Source: TRREB MarketWatch, January 2021

3 areas

Peel Region

January 2021

Headline indicators

All home types

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

$952,183

MoM +$57,602 +6.4% YoY +21.4%

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

$875,000

MoM +$65,000 +8.0% YoY +19.9%

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

$868,400

MoM +$18,400 +2.2% YoY +12.9%

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

1,453

MoM −33 −2.2% YoY +44.6%

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

$1.38B

MoM +$54,174,867 +4.1% YoY +75.5%

New listings — Properties newly listed during the month.

1,917

MoM +687 +55.9% YoY +24.3%

Active listings — Listings available at month end.

1,091

MoM +78 +7.7% YoY −8.8%

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

MoM −3 days −15.8% YoY −27.3%

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

MoM −6 days −21.4% YoY −24.1%

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

104%

MoM +3.0 pp +3.0% YoY +4.0%

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

75.8%

MoM −45.0 pp −37.3% YoY +16.3%

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.

0.8

MoM +0 +10.1% YoY −36.9%

Trend

13 months to January 2021

Average price

Peel Region average selling price over the 13 months ending January 2021.
Month	Average price
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
Oct '20	897749
Nov '20	889302
Dec '20	894581
Jan '21	952183

Sales

Peel Region sales over the 13 months ending January 2021.
Month	Sales
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
Oct '20	2198
Nov '20	1865
Dec '20	1486
Jan '21	1453

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,453	−33 −2.2% down 33, 2.2% versus December 2020	$952,183	+$57,602 +6.4% up $57,602, 6.4% versus December 2020	$875,000	75.8%	0.8
Detached	630	+16 +2.6% up 16, 2.6% versus December 2020	$1,282,558	+$81,912 +6.8% up $81,912, 6.8% versus December 2020	$1,200,000	71.1%	0.7
Semi-detached	191	−55 −22.4% down 55, 22.4% versus December 2020	$903,410	+$65,789 +7.9% up $65,789, 7.9% versus December 2020	$890,000	71.8%	0.5
Att/row/townhouse	135	−15 −10.0% down 15, 10.0% versus December 2020	$838,429	+$67,428 +8.7% up $67,428, 8.7% versus December 2020	$830,500	69.2%	0.6
Condo townhouse	183	−21 −10.3% down 21, 10.3% versus December 2020	$675,414	+$34,308 +5.4% up $34,308, 5.4% versus December 2020	$665,000	84.7%	0.6
Condo apartment	308	+40 +14.9% up 40, 14.9% versus December 2020	$521,580	+$12,221 +2.4% up $12,221, 2.4% versus December 2020	$500,000	89.5%	1.1
Link	6	+3 +100.0% up 3, 100.0% versus December 2020	$920,633	+$146,800 +19.0% up $146,800, 19.0% versus December 2020	$955,000	85.7%	0.2
Co-op apartment	0	no change no change versus December 2020	$0	no change no change versus December 2020	—	0.0%	—
Detached condo	0	−1 −100.0% down 1, 100.0% versus December 2020	$0	−$830,000 −100.0% down $830,000, 100.0% versus December 2020	—	0.0%	—
Co-ownership apartment	0	no change no change versus December 2020	$0	no change no change versus December 2020	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	306.2	$868,400	+12.9% up 12.9%
Single-family detached	301.4	$1,067,400	+15.6% up 15.6%
Single-family attached	314.4	$803,400	+16.4% up 16.4%
Townhouse	306.6	$647,700	+12.7% up 12.7%
Apartment	301.8	$517,500	+4.2% up 4.2%

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Brampton +11.8% up 11.8%
Mississauga +2.0% up 2.0%
Caledon −0.5% down 0.5%

Bottom 5

Caledon −0.5% down 0.5%
Mississauga +2.0% up 2.0%
Brampton +11.8% up 11.8%

Sales, month-over-month

Top 5

Brampton +1.9% up 1.9%
Mississauga −5.6% down 5.6%
Caledon −11.5% down 11.5%

Bottom 5

Caledon −11.5% down 11.5%
Mississauga −5.6% down 5.6%
Brampton +1.9% up 1.9%

Peel Region

Caledon

Caledon, Peel Region

$1,314,986

−$7,003 −0.5% down $7,003, 0.5% versus December 2020

Sales: 69
SP/LP: 101%
DOM: 16
SNLR: 71.1%

Full history →

Brampton

Brampton, Peel Region

$971,462

+$102,355 +11.8% up $102,355, 11.8% versus December 2020

Sales: 749
SP/LP: 105%
DOM: 10
SNLR: 77.9%

Full history →

Mississauga

Mississauga, Peel Region

$890,020

+$17,155 +2.0% up $17,155, 2.0% versus December 2020

Sales: 635
SP/LP: 102%
DOM: 24
SNLR: 73.9%

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	69	−9 −11.5% down 9, 11.5% versus December 2020	$90.7M	$1,314,986	−$7,003 −0.5% down $7,003, 0.5% versus December 2020	$1,274,000	97	63	101%	16	23	71.1%	0.9
Brampton Brampton, Peel Region	749	+14 +1.9% up 14, 1.9% versus December 2020	$727.6M	$971,462	+$102,355 +11.8% up $102,355, 11.8% versus December 2020	$905,000	961	373	105%	10	12	77.9%	0.5
Mississauga Mississauga, Peel Region	635	−38 −5.6% down 38, 5.6% versus December 2020	$565.2M	$890,020	+$17,155 +2.0% up $17,155, 2.0% versus December 2020	$741,000	859	655	102%	24	35	73.9%	1.0