Source: TRREB MarketWatch, January 2023

3 areas

Peel Region

January 2023

Headline indicators

All home types

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

$993,151

MoM +$3,278 +0.3% YoY −23.1%

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

$906,500

MoM −$3,500 −0.4% YoY −24.8%

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

$1,027,900

MoM −$7,800 −0.8% YoY −16.7%

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

576

MoM −2 −0.3% YoY −50.6%

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

$572.1M

MoM −$91,788 −0.0% YoY −62.0%

New listings — Properties newly listed during the month.

1,359

MoM +551 +68.2% YoY −14.2%

Active listings — Listings available at month end.

1,606

MoM +25 +1.6% YoY +163.3%

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

MoM +1 day +3.8% YoY +200.0%

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

MoM +2 days +5.0% YoY +281.8%

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

97%

MoM no change YoY −14.2%

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

42.4%

MoM −29.2 pp −40.8% YoY −42.5%

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.

2.8

MoM +0 +1.9% YoY +433.0%

Trend

13 months to January 2023

Average price

Peel Region average selling price over the 13 months ending January 2023.
Month	Average price
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
Oct '22	1036140
Nov '22	1039706
Dec '22	989873
Jan '23	993151

Sales

Peel Region sales over the 13 months ending January 2023.
Month	Sales
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
Oct '22	902
Nov '22	748
Dec '22	578
Jan '23	576

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	576	−2 −0.3% down 2, 0.3% versus December 2022	$993,151	+$3,278 +0.3% up $3,278, 0.3% versus December 2022	$906,500	42.4%	2.8
Detached	241	−14 −5.5% down 14, 5.5% versus December 2022	$1,303,429	+$28,334 +2.2% up $28,334, 2.2% versus December 2022	$1,195,000	38.0%	3.4
Semi-detached	75	−10 −11.8% down 10, 11.8% versus December 2022	$934,651	+$5,240 +0.6% up $5,240, 0.6% versus December 2022	$930,000	60.5%	1.5
Att/row/townhouse	65	+19 +41.3% up 19, 41.3% versus December 2022	$883,818	−$19 −0.0% down $19, 0.0% versus December 2022	$865,000	53.3%	1.5
Condo townhouse	64	−15 −19.0% down 15, 19.0% versus December 2022	$755,886	+$499 +0.1% up $499, 0.1% versus December 2022	$746,000	41.6%	2.7
Condo apartment	129	+18 +16.2% up 18, 16.2% versus December 2022	$617,867	+$24,261 +4.1% up $24,261, 4.1% versus December 2022	$580,000	40.8%	3.1
Link	1	no change no change versus December 2022	$1,149,777	+$259,777 +29.2% up $259,777, 29.2% versus December 2022	$1,149,777	20.0%	4.0
Detached condo	1	no change no change versus December 2022	$1,150,000	+$265,000 +29.9% up $265,000, 29.9% versus December 2022	$1,150,000	33.3%	4.0

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	395.7	$1,027,900	−16.7% down 16.7%
Single-family detached	355	$1,299,800	−18.9% down 18.9%
Single-family attached	359.2	$958,300	−18.8% down 18.8%
Townhouse	371.1	$784,800	−10.0% down 10.0%
Apartment	359	$614,900	−5.6% down 5.6%

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Caledon +33.9% up 33.9%
Brampton +2.0% up 2.0%
Mississauga −5.8% down 5.8%

Bottom 5

Mississauga −5.8% down 5.8%
Brampton +2.0% up 2.0%
Caledon +33.9% up 33.9%

Sales, month-over-month

Top 5

Brampton +6.7% up 6.7%
Mississauga −6.4% down 6.4%
Caledon −6.7% down 6.7%

Bottom 5

Caledon −6.7% down 6.7%
Mississauga −6.4% down 6.4%
Brampton +6.7% up 6.7%

Peel Region

Caledon

Caledon, Peel Region

$1,581,571

+$400,649 +33.9% up $400,649, 33.9% versus December 2022

Sales: 28
SP/LP: 96%
DOM: 31
SNLR: 20.7%

Full history →

Brampton

Brampton, Peel Region

$1,002,018

+$20,098 +2.0% up $20,098, 2.0% versus December 2022

Sales: 286
SP/LP: 97%
DOM: 24
SNLR: 48.5%

Full history →

Mississauga

Mississauga, Peel Region

$920,587

−$56,429 −5.8% down $56,429, 5.8% versus December 2022

Sales: 262
SP/LP: 97%
DOM: 30
SNLR: 41.3%

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	28	−2 −6.7% down 2, 6.7% versus December 2022	$44.3M	$1,581,571	+$400,649 +33.9% up $400,649, 33.9% versus December 2022	$1,168,750	135	201	96%	31	50	20.7%	7.2
Brampton Brampton, Peel Region	286	+18 +6.7% up 18, 6.7% versus December 2022	$286.6M	$1,002,018	+$20,098 +2.0% up $20,098, 2.0% versus December 2022	$930,000	590	658	97%	24	39	48.5%	2.3
Mississauga Mississauga, Peel Region	262	−18 −6.4% down 18, 6.4% versus December 2022	$241.2M	$920,587	−$56,429 −5.8% down $56,429, 5.8% versus December 2022	$825,000	634	747	97%	30	45	41.3%	2.9