Source: TRREB MarketWatch, September 2022

3 areas

Peel Region

September 2022

Headline indicators

All home types

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

$1,044,385

MoM −$18,599 −1.7% YoY −3.9%

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

$956,500

MoM −$13,500 −1.4% YoY −1.5%

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

$1,068,000

MoM −$22,300 −2.0% YoY +5.3%

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

936

MoM −122 −11.5% YoY −48.8%

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

$977.5M

MoM −$147,092,831 −13.1% YoY −50.8%

New listings — Properties newly listed during the month.

1,992

MoM −125 −5.9% YoY −13.2%

Active listings — Listings available at month end.

2,504

MoM −142 −5.4% YoY +102.1%

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

MoM +2 days +9.1% YoY +100.0%

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

MoM +2 days +5.7% YoY +131.3%

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

97%

MoM no change YoY −7.6%

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

47.0%

MoM −3.0 pp −6.0% YoY −41.0%

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.

2.7

MoM +0 +7.0% YoY +294.9%

Trend

13 months to September 2022

Average price

Peel Region average selling price over the 13 months ending September 2022.
Month	Average price
Sep '21	1087321
Oct '21	1065595
Nov '21	1114138
Dec '21	1189424
Jan '22	1291955
Feb '22	1317192
Mar '22	1269242
Apr '22	1242343
May '22	1180883
Jun '22	1101178
Jul '22	1066973
Aug '22	1062984
Sep '22	1044385

Sales

Peel Region sales over the 13 months ending September 2022.
Month	Sales
Sep '21	1829
Oct '21	1920
Nov '21	1716
Dec '21	1236
Jan '22	1166
Feb '22	1874
Mar '22	2107
Apr '22	1535
May '22	1377
Jun '22	1172
Jul '22	886
Aug '22	1058
Sep '22	936

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	936	−122 −11.5% down 122, 11.5% versus August 2022	$1,044,385	−$18,599 −1.7% down $18,599, 1.7% versus August 2022	$956,500	47.0%	2.7
Detached	421	−73 −14.8% down 73, 14.8% versus August 2022	$1,319,828	−$24,102 −1.8% down $24,102, 1.8% versus August 2022	$1,235,000	44.7%	3.0
Semi-detached	164	−17 −9.4% down 17, 9.4% versus August 2022	$968,063	+$12,408 +1.3% up $12,408, 1.3% versus August 2022	$964,000	71.3%	1.3
Att/row/townhouse	81	−22 −21.4% down 22, 21.4% versus August 2022	$905,022	−$11,334 −1.2% down $11,334, 1.2% versus August 2022	$900,000	57.0%	1.7
Condo townhouse	114	−10 −8.1% down 10, 8.1% versus August 2022	$779,008	−$10,290 −1.3% down $10,290, 1.3% versus August 2022	$771,000	47.3%	2.7
Condo apartment	148	−4 −2.6% down 4, 2.6% versus August 2022	$626,851	+$23,563 +3.9% up $23,563, 3.9% versus August 2022	$585,000	34.5%	4.0
Link	4	+1 +33.3% up 1, 33.3% versus August 2022	$1,037,375	+$92,378 +9.8% up $92,378, 9.8% versus August 2022	$1,066,000	66.7%	1.3
Detached condo	4	+3 +300.0% up 3, 300.0% versus August 2022	$1,024,375	+$54,375 +5.6% up $54,375, 5.6% versus August 2022	$1,098,750	200.0%	0.8

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	411.1	$1,068,000	+5.3% up 5.3%
Single-family detached	369.1	$1,351,200	+3.4% up 3.4%
Single-family attached	370.3	$987,900	+3.8% up 3.8%
Townhouse	385.6	$815,600	+9.3% up 9.3%
Apartment	378.7	$648,700	+17.6% up 17.6%

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Caledon +3.5% up 3.5%
Brampton −1.1% down 1.1%
Mississauga −4.1% down 4.1%

Bottom 5

Mississauga −4.1% down 4.1%
Brampton −1.1% down 1.1%
Caledon +3.5% up 3.5%

Sales, month-over-month

Top 5

Caledon +3.2% up 3.2%
Mississauga −4.3% down 4.3%
Brampton −20.3% down 20.3%

Bottom 5

Brampton −20.3% down 20.3%
Mississauga −4.3% down 4.3%
Caledon +3.2% up 3.2%

Peel Region

Caledon

Caledon, Peel Region

$1,357,725

+$46,217 +3.5% up $46,217, 3.5% versus August 2022

Sales: 65
SP/LP: 94%
DOM: 29
SNLR: 41.7%

Full history →

Mississauga

Mississauga, Peel Region

$1,032,889

−$44,203 −4.1% down $44,203, 4.1% versus August 2022

Sales: 466
SP/LP: 97%
DOM: 25
SNLR: 45.4%

Full history →

Brampton

Brampton, Peel Region

$1,007,324

−$11,315 −1.1% down $11,315, 1.1% versus August 2022

Sales: 405
SP/LP: 97%
DOM: 22
SNLR: 50.1%

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	65	+2 +3.2% up 2, 3.2% versus August 2022	$88.3M	$1,357,725	+$46,217 +3.5% up $46,217, 3.5% versus August 2022	$1,175,000	156	252	94%	29	44	41.7%	3.9
Mississauga Mississauga, Peel Region	466	−21 −4.3% down 21, 4.3% versus August 2022	$481.3M	$1,032,889	−$44,203 −4.1% down $44,203, 4.1% versus August 2022	$950,000	1,027	1,303	97%	25	38	45.4%	2.8
Brampton Brampton, Peel Region	405	−103 −20.3% down 103, 20.3% versus August 2022	$408.0M	$1,007,324	−$11,315 −1.1% down $11,315, 1.1% versus August 2022	$945,000	809	949	97%	22	36	50.1%	2.3