Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,087,321
MoM +$47,821 +4.6% up $47,821, 4.6% versus August 2021 YoY +20.2% up 20.2% versus September 2020
Source: TRREB MarketWatch, September 2021
3 areas
Peel Region
September 2021
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$971,000
MoM +$21,000 +2.2% up $21,000, 2.2% versus August 2021 YoY +17.0% up 17.0% versus September 2020
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$997,000
MoM +$22,700 +2.3% up $22,700, 2.3% versus August 2021 YoY +20.0% up 20.0% versus September 2020
Sales — Firm transactions reported through the MLS® System during the month.
1,829
MoM +24 +1.3% up 24, 1.3% versus August 2021 YoY −22.6% down 22.6% versus September 2020
Dollar volume — Total value of all sales in the month.
$1.99B
MoM +$112,411,322 +6.0% up $112,411,322, 6.0% versus August 2021 YoY −7.0% down 7.0% versus September 2020
New listings — Properties newly listed during the month.
2,295
MoM +231 +11.2% up 231, 11.2% versus August 2021 YoY −39.8% down 39.8% versus September 2020
Active listings — Listings available at month end.
1,239
MoM −46 −3.6% down 46, 3.6% versus August 2021 YoY −56.7% down 56.7% versus September 2020
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
12
MoM −1 day −7.7% down 1 day, 7.7% versus August 2021 YoY −20.0% down 20.0% versus September 2020
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
16
MoM −2 days −11.1% down 2 days, 11.1% versus August 2021 YoY −23.8% down 23.8% versus September 2020
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
105%
MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus August 2021 YoY +5.0% up 5.0% versus September 2020
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
79.7%
MoM −7.8 pp −8.9% down 7.8 pp, 8.9% versus August 2021 YoY +28.5% up 28.5% versus September 2020
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.
0.7
MoM −0 −4.8% down 0, 4.8% versus August 2021 YoY −44.1% down 44.1% versus September 2020
Trend
13 months to September 2021
Average price
| Month | Average price |
|---|---|
| Sep '20 | 904963 |
| Oct '20 | 897749 |
| Nov '20 | 889302 |
| Dec '20 | 894581 |
| Jan '21 | 952183 |
| Feb '21 | 1023552 |
| Mar '21 | 1061015 |
| Apr '21 | 1035341 |
| May '21 | 1055907 |
| Jun '21 | 1041440 |
| Jul '21 | 1008584 |
| Aug '21 | 1039500 |
| Sep '21 | 1087321 |
Sales
| Month | Sales |
|---|---|
| Sep '20 | 2363 |
| Oct '20 | 2198 |
| Nov '20 | 1865 |
| Dec '20 | 1486 |
| Jan '21 | 1453 |
| Feb '21 | 2270 |
| Mar '21 | 3185 |
| Apr '21 | 2733 |
| May '21 | 2379 |
| Jun '21 | 2281 |
| Jul '21 | 1980 |
| Aug '21 | 1805 |
| Sep '21 | 1829 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,829 | +24 +1.3% up 24, 1.3% versus August 2021 | $1,087,321 | +$47,821 +4.6% up $47,821, 4.6% versus August 2021 | $971,000 | 79.7% | 0.7 |
| Detached | 818 | +38 +4.9% up 38, 4.9% versus August 2021 | $1,462,264 | +$83,531 +6.1% up $83,531, 6.1% versus August 2021 | $1,310,000 | 74.7% | 0.7 |
| Semi-detached | 255 | −40 −13.6% down 40, 13.6% versus August 2021 | $982,439 | +$20,316 +2.1% up $20,316, 2.1% versus August 2021 | $970,000 | 86.2% | 0.4 |
| Att/row/townhouse | 179 | +15 +9.1% up 15, 9.1% versus August 2021 | $916,001 | +$34,484 +3.9% up $34,484, 3.9% versus August 2021 | $900,000 | 101.1% | 0.3 |
| Condo townhouse | 231 | no change no change versus August 2021 | $756,590 | −$5,277 −0.7% down $5,277, 0.7% versus August 2021 | $750,000 | 94.7% | 0.5 |
| Condo apartment | 340 | +11 +3.3% up 11, 3.3% versus August 2021 | $580,184 | −$442 −0.1% down $442, 0.1% versus August 2021 | $557,500 | 71.9% | 1.2 |
| Link | 4 | no change no change versus August 2021 | $984,650 | +$53,775 +5.8% up $53,775, 5.8% versus August 2021 | $940,250 | 66.7% | 1.0 |
| Co-op apartment | 0 | no change no change versus August 2021 | $0 | no change no change versus August 2021 | — | — | — |
| Detached condo | 2 | no change no change versus August 2021 | $1,059,000 | +$184,000 +21.0% up $184,000, 21.0% versus August 2021 | $1,059,000 | 50.0% | 1.5 |
| Co-ownership apartment | 0 | no change no change versus August 2021 | $0 | no change no change versus August 2021 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 351.8 | $997,000 | +20.0% up 20.0% |
| Single-family detached | 350 | $1,239,500 | +23.7% up 23.7% |
| Single-family attached | 363.6 | $929,100 | +23.6% up 23.6% |
| Townhouse | 348.9 | $737,700 | +16.6% up 16.6% |
| Apartment | 335.9 | $574,400 | +8.9% up 8.9% |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Mississauga +7.8% up 7.8%
- Caledon +7.1% up 7.1%
- Brampton +1.2% up 1.2%
Bottom 5
- Brampton +1.2% up 1.2%
- Caledon +7.1% up 7.1%
- Mississauga +7.8% up 7.8%
Sales, month-over-month
Top 5
- Caledon +8.7% up 8.7%
- Mississauga +5.4% up 5.4%
- Brampton −3.3% down 3.3%
Bottom 5
- Brampton −3.3% down 3.3%
- Mississauga +5.4% up 5.4%
- Caledon +8.7% up 8.7%
Peel Region
Caledon
Caledon, Peel Region
$1,572,087
+$104,765 +7.1% up $104,765, 7.1% versus August 2021
- Sales
- 113
- SP/LP
- 102%
- DOM
- 13
- SNLR
- 72.9%
Brampton
Brampton, Peel Region
$1,072,988
+$12,711 +1.2% up $12,711, 1.2% versus August 2021
- Sales
- 854
- SP/LP
- 105%
- DOM
- 11
- SNLR
- 85.3%
Mississauga
Mississauga, Peel Region
$1,037,972
+$75,293 +7.8% up $75,293, 7.8% versus August 2021
- Sales
- 862
- SP/LP
- 104%
- DOM
- 14
- SNLR
- 75.7%
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 | 113 | +9 +8.7% up 9, 8.7% versus August 2021 | $177.6M | $1,572,087 | +$104,765 +7.1% up $104,765, 7.1% versus August 2021 | $1,359,000 | 155 | 109 | 102% | 13 | 19 | 72.9% | 1.0 |
| Brampton Brampton, Peel Region | 854 | −29 −3.3% down 29, 3.3% versus August 2021 | $916.3M | $1,072,988 | +$12,711 +1.2% up $12,711, 1.2% versus August 2021 | $976,500 | 1,001 | 399 | 105% | 11 | 13 | 85.3% | 0.5 |
| Mississauga Mississauga, Peel Region | 862 | +44 +5.4% up 44, 5.4% versus August 2021 | $894.7M | $1,037,972 | +$75,293 +7.8% up $75,293, 7.8% versus August 2021 | $902,500 | 1,139 | 731 | 104% | 14 | 19 | 75.7% | 0.8 |