Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,065,595
MoM −$21,726 −2.0% down $21,726, 2.0% versus September 2021 YoY +18.7% up 18.7% versus October 2020
Source: TRREB MarketWatch, October 2021
3 areas
Peel Region
October 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.
$995,000
MoM +$24,000 +2.5% up $24,000, 2.5% versus September 2021 YoY +21.2% up 21.2% versus October 2020
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,039,800
MoM +$42,800 +4.3% up $42,800, 4.3% versus September 2021 YoY +24.6% up 24.6% versus October 2020
Sales — Firm transactions reported through the MLS® System during the month.
1,920
MoM +91 +5.0% up 91, 5.0% versus September 2021 YoY −12.6% down 12.6% versus October 2020
Dollar volume — Total value of all sales in the month.
$2.05B
MoM +$57,232,996 +2.9% up $57,232,996, 2.9% versus September 2021 YoY +3.7% up 3.7% versus October 2020
New listings — Properties newly listed during the month.
2,090
MoM −205 −8.9% down 205, 8.9% versus September 2021 YoY −38.1% down 38.1% versus October 2020
Active listings — Listings available at month end.
970
MoM −269 −21.7% down 269, 21.7% versus September 2021 YoY −63.5% down 63.5% versus October 2020
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
11
MoM −1 day −8.3% down 1 day, 8.3% versus September 2021 YoY −26.7% down 26.7% versus October 2020
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
15
MoM −1 day −6.3% down 1 day, 6.3% versus September 2021 YoY −31.8% down 31.8% versus October 2020
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
107%
MoM +2.0 pp +1.9% up 2.0 pp, 1.9% versus September 2021 YoY +7.0% up 7.0% versus October 2020
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
91.9%
MoM +12.2 pp +15.3% up 12.2 pp, 15.3% versus September 2021 YoY +41.1% up 41.1% versus October 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.
0.5
MoM −0 −25.4% down 0, 25.4% versus September 2021 YoY −58.2% down 58.2% versus October 2020
Trend
13 months to October 2021
Average price
| Month | Average price |
|---|---|
| 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 |
| Oct '21 | 1065595 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Oct '21 | 1920 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,920 | +91 +5.0% up 91, 5.0% versus September 2021 | $1,065,595 | −$21,726 −2.0% down $21,726, 2.0% versus September 2021 | $995,000 | 91.9% | 0.5 |
| Detached | 822 | +4 +0.5% up 4, 0.5% versus September 2021 | $1,433,956 | −$28,308 −1.9% down $28,308, 1.9% versus September 2021 | $1,345,000 | 83.9% | 0.6 |
| Semi-detached | 266 | +11 +4.3% up 11, 4.3% versus September 2021 | $1,020,941 | +$38,502 +3.9% up $38,502, 3.9% versus September 2021 | $1,009,500 | 100.0% | 0.2 |
| Att/row/townhouse | 139 | −40 −22.3% down 40, 22.3% versus September 2021 | $947,287 | +$31,286 +3.4% up $31,286, 3.4% versus September 2021 | $960,000 | 88.5% | 0.3 |
| Condo townhouse | 245 | +14 +6.1% up 14, 6.1% versus September 2021 | $787,614 | +$31,024 +4.1% up $31,024, 4.1% versus September 2021 | $785,000 | 93.9% | 0.4 |
| Condo apartment | 433 | +93 +27.4% up 93, 27.4% versus September 2021 | $591,159 | +$10,975 +1.9% up $10,975, 1.9% versus September 2021 | $565,000 | 104.8% | 0.7 |
| Link | 11 | +7 +175.0% up 7, 175.0% versus September 2021 | $1,053,636 | +$68,986 +7.0% up $68,986, 7.0% versus September 2021 | $1,082,001 | 100.0% | 0.2 |
| Co-op apartment | 0 | no change no change versus September 2021 | $0 | no change no change versus September 2021 | — | 0.0% | — |
| Detached condo | 3 | +1 +50.0% up 1, 50.0% versus September 2021 | $1,026,667 | −$32,333 −3.1% down $32,333, 3.1% versus September 2021 | $980,000 | 300.0% | 0.3 |
| Co-ownership apartment | 1 | +1 up 1 versus September 2021 | $380,000 | +$380,000 up $380,000 versus September 2021 | $380,000 | — | 0.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 366.9 | $1,039,800 | +24.6% up 24.6% |
| Single-family detached | 366.3 | $1,297,200 | +28.2% up 28.2% |
| Single-family attached | 381.7 | $975,400 | +28.6% up 28.6% |
| Townhouse | 359.5 | $760,100 | +20.1% up 20.1% |
| Apartment | 346.9 | $593,200 | +13.3% up 13.3% |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Brampton +1.2% up 1.2%
- Caledon −0.7% down 0.7%
- Mississauga −3.9% down 3.9%
Bottom 5
- Mississauga −3.9% down 3.9%
- Caledon −0.7% down 0.7%
- Brampton +1.2% up 1.2%
Sales, month-over-month
Top 5
- Mississauga +11.3% up 11.3%
- Brampton +1.1% up 1.1%
- Caledon −13.3% down 13.3%
Bottom 5
- Caledon −13.3% down 13.3%
- Brampton +1.1% up 1.1%
- Mississauga +11.3% up 11.3%
Peel Region
Caledon
Caledon, Peel Region
$1,560,460
−$11,627 −0.7% down $11,627, 0.7% versus September 2021
- Sales
- 98
- SP/LP
- 105%
- DOM
- 14
- SNLR
- 75.4%
Brampton
Brampton, Peel Region
$1,085,417
+$12,429 +1.2% up $12,429, 1.2% versus September 2021
- Sales
- 863
- SP/LP
- 108%
- DOM
- 9
- SNLR
- 91.6%
Mississauga
Mississauga, Peel Region
$997,187
−$40,785 −3.9% down $40,785, 3.9% versus September 2021
- Sales
- 959
- SP/LP
- 106%
- DOM
- 13
- SNLR
- 94.2%
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 | 98 | −15 −13.3% down 15, 13.3% versus September 2021 | $152.9M | $1,560,460 | −$11,627 −0.7% down $11,627, 0.7% versus September 2021 | $1,455,250 | 130 | 97 | 105% | 14 | 17 | 75.4% | 1.0 |
| Brampton Brampton, Peel Region | 863 | +9 +1.1% up 9, 1.1% versus September 2021 | $936.7M | $1,085,417 | +$12,429 +1.2% up $12,429, 1.2% versus September 2021 | $1,035,000 | 942 | 314 | 108% | 9 | 12 | 91.6% | 0.4 |
| Mississauga Mississauga, Peel Region | 959 | +97 +11.3% up 97, 11.3% versus September 2021 | $956.3M | $997,187 | −$40,785 −3.9% down $40,785, 3.9% versus September 2021 | $905,100 | 1,018 | 559 | 106% | 13 | 17 | 94.2% | 0.6 |