Source: TRREB MarketWatch, March 2022

3 areas

Peel Region

March 2022

Headline indicators

All home types

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

$1,269,242

MoM −$47,950 −3.6% YoY +19.6%

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

$1,200,000

MoM −$60,000 −4.8% YoY +26.1%

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

$1,314,400

MoM +$35,400 +2.8% YoY +39.5%

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

2,107

MoM +233 +12.4% YoY −33.8%

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

$2.67B

MoM +$205,874,041 +8.3% YoY −20.9%

New listings — Properties newly listed during the month.

4,105

MoM +1,202 +41.4% YoY −12.6%

Active listings — Listings available at month end.

1,897

MoM +717 +60.8% YoY −1.4%

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

MoM +1 day +16.7% YoY −12.5%

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

MoM +1 day +12.5% YoY −18.2%

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

112%

MoM −3.0 pp −2.6% YoY +5.7%

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

51.3%

MoM −13.2 pp −20.5% YoY −24.3%

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.

0.9

MoM +0 +43.0% YoY +49.1%

Trend

13 months to March 2022

Average price

Peel Region average selling price over the 13 months ending March 2022.
Month	Average price
Mar '21	1061015
Apr '21	1035341
May '21	1055907
Jun '21	1041440
Jul '21	1008584
Aug '21	1039500
Sep '21	1087321
Oct '21	1065595
Nov '21	1114138
Dec '21	1189424
Jan '22	1291955
Feb '22	1317192
Mar '22	1269242

Sales

Peel Region sales over the 13 months ending March 2022.
Month	Sales
Mar '21	3185
Apr '21	2733
May '21	2379
Jun '21	2281
Jul '21	1980
Aug '21	1805
Sep '21	1829
Oct '21	1920
Nov '21	1716
Dec '21	1236
Jan '22	1166
Feb '22	1874
Mar '22	2107

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	2,107	+233 +12.4% up 233, 12.4% versus February 2022	$1,269,242	−$47,950 −3.6% down $47,950, 3.6% versus February 2022	$1,200,000	51.3%	0.9
Detached	880	+89 +11.3% up 89, 11.3% versus February 2022	$1,675,480	−$76,823 −4.4% down $76,823, 4.4% versus February 2022	$1,575,000	48.0%	1.1
Semi-detached	331	+66 +24.9% up 66, 24.9% versus February 2022	$1,218,895	−$63,513 −5.0% down $63,513, 5.0% versus February 2022	$1,225,000	49.3%	0.9
Att/row/townhouse	186	+12 +6.9% up 12, 6.9% versus February 2022	$1,134,081	−$63,138 −5.3% down $63,138, 5.3% versus February 2022	$1,135,000	43.5%	1.0
Condo townhouse	291	+49 +20.2% up 49, 20.2% versus February 2022	$945,549	−$33,285 −3.4% down $33,285, 3.4% versus February 2022	$935,000	55.9%	0.8
Condo apartment	410	+16 +4.1% up 16, 4.1% versus February 2022	$729,040	+$362 +0.0% up $362, 0.0% versus February 2022	$705,500	64.3%	0.7
Link	5	+1 +25.0% up 1, 25.0% versus February 2022	$1,306,000	+$25,500 +2.0% up $25,500, 2.0% versus February 2022	$1,280,000	50.0%	0.6
Co-op apartment	0	no change no change versus February 2022	$0	no change no change versus February 2022	—	—	—
Detached condo	4	no change no change versus February 2022	$1,221,250	−$52,125 −4.1% down $52,125, 4.1% versus February 2022	$1,242,500	133.3%	0.3
Co-ownership apartment	0	no change no change versus February 2022	$0	no change no change versus February 2022	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	463.8	$1,314,400	+39.5% up 39.5%
Single-family detached	461.7	$1,635,100	+39.6% up 39.6%
Single-family attached	480.3	$1,227,300	+39.6% up 39.6%
Townhouse	445.9	$942,800	+35.6% up 35.6%
Apartment	452.3	$773,400	+41.2% up 41.2%

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Brampton −2.6% down 2.6%
Mississauga −3.5% down 3.5%
Caledon −6.1% down 6.1%

Bottom 5

Caledon −6.1% down 6.1%
Mississauga −3.5% down 3.5%
Brampton −2.6% down 2.6%

Sales, month-over-month

Top 5

Mississauga +24.0% up 24.0%
Caledon +17.6% up 17.6%
Brampton +1.1% up 1.1%

Bottom 5

Brampton +1.1% up 1.1%
Caledon +17.6% up 17.6%
Mississauga +24.0% up 24.0%

Peel Region

Caledon

Caledon, Peel Region

$1,714,092

−$110,403 −6.1% down $110,403, 6.1% versus February 2022

Sales: 120
SP/LP: 108%
DOM: 9
SNLR: 52.6%

Full history →

Brampton

Brampton, Peel Region

$1,310,791

−$35,484 −2.6% down $35,484, 2.6% versus February 2022

Sales: 928
SP/LP: 112%
DOM: 7
SNLR: 44.6%

Full history →

Mississauga

Mississauga, Peel Region

$1,182,424

−$42,915 −3.5% down $42,915, 3.5% versus February 2022

Sales: 1,059
SP/LP: 113%
DOM: 7
SNLR: 58.9%

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	120	+18 +17.6% up 18, 17.6% versus February 2022	$205.7M	$1,714,092	−$110,403 −6.1% down $110,403, 6.1% versus February 2022	$1,512,500	228	151	108%	9	13	52.6%	1.3
Brampton Brampton, Peel Region	928	+10 +1.1% up 10, 1.1% versus February 2022	$1.22B	$1,310,791	−$35,484 −2.6% down $35,484, 2.6% versus February 2022	$1,250,000	2,080	953	112%	7	10	44.6%	1.0
Mississauga Mississauga, Peel Region	1,059	+205 +24.0% up 205, 24.0% versus February 2022	$1.25B	$1,182,424	−$42,915 −3.5% down $42,915, 3.5% versus February 2022	$1,070,000	1,797	793	113%	7	8	58.9%	0.8