Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,102,352
MoM +$48,614 +4.6% up $48,614, 4.6% versus March 2023 YoY −11.3% down 11.3% versus April 2022
Source: TRREB MarketWatch, April 2023
3 areas
Peel Region
April 2023
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$1,035,000
MoM +$64,000 +6.6% up $64,000, 6.6% versus March 2023 YoY −8.6% down 8.6% versus April 2022
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,090,900
MoM +$29,400 +2.8% up $29,400, 2.8% versus March 2023 YoY −15.1% down 15.1% versus April 2022
Sales — Firm transactions reported through the MLS® System during the month.
1,384
MoM +103 +8.0% up 103, 8.0% versus March 2023 YoY −9.8% down 9.8% versus April 2022
Dollar volume — Total value of all sales in the month.
$1.53B
MoM +$175,816,711 +13.0% up $175,816,711, 13.0% versus March 2023 YoY −20.0% down 20.0% versus April 2022
New listings — Properties newly listed during the month.
2,074
MoM +114 +5.8% up 114, 5.8% versus March 2023 YoY −46.7% down 46.7% versus April 2022
Active listings — Listings available at month end.
1,699
MoM +78 +4.8% up 78, 4.8% versus March 2023 YoY −33.7% down 33.7% versus April 2022
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
15
MoM −4 days −21.1% down 4 days, 21.1% versus March 2023 YoY +50.0% up 50.0% versus April 2022
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
22
MoM −6 days −21.4% down 6 days, 21.4% versus March 2023 YoY +46.7% up 46.7% versus April 2022
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
102%
MoM +2.0 pp +2.0% up 2.0 pp, 2.0% versus March 2023 YoY −3.8% down 3.8% versus April 2022
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
66.7%
MoM +1.4 pp +2.1% up 1.4 pp, 2.1% versus March 2023 YoY +69.2% up 69.2% versus April 2022
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.
1.2
MoM −0 −3.0% down 0, 3.0% versus March 2023 YoY −26.5% down 26.5% versus April 2022
Trend
13 months to April 2023
Average price
| Month | Average price |
|---|---|
| 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 |
| Feb '23 | 1032286 |
| Mar '23 | 1053738 |
| Apr '23 | 1102352 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Feb '23 | 832 |
| Mar '23 | 1281 |
| Apr '23 | 1384 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,384 | +103 +8.0% up 103, 8.0% versus March 2023 | $1,102,352 | +$48,614 +4.6% up $48,614, 4.6% versus March 2023 | $1,035,000 | 66.7% | 1.2 |
| Detached | 642 | +82 +14.6% up 82, 14.6% versus March 2023 | $1,399,963 | +$21,993 +1.6% up $21,993, 1.6% versus March 2023 | $1,325,000 | 63.1% | 1.3 |
| Semi-detached | 214 | +39 +22.3% up 39, 22.3% versus March 2023 | $1,035,845 | +$39,552 +4.0% up $39,552, 4.0% versus March 2023 | $1,032,500 | 83.0% | 0.6 |
| Att/row/townhouse | 113 | −9 −7.4% down 9, 7.4% versus March 2023 | $967,390 | +$34,179 +3.7% up $34,179, 3.7% versus March 2023 | $953,000 | 60.1% | 0.9 |
| Condo townhouse | 163 | +1 +0.6% up 1, 0.6% versus March 2023 | $816,701 | +$23,479 +3.0% up $23,479, 3.0% versus March 2023 | $815,000 | 74.1% | 1.2 |
| Condo apartment | 248 | −8 −3.1% down 8, 3.1% versus March 2023 | $640,524 | +$34,365 +5.7% up $34,365, 5.7% versus March 2023 | $609,750 | 65.4% | 1.6 |
| Link | 2 | −1 −33.3% down 1, 33.3% versus March 2023 | $935,500 | −$110,833 −10.6% down $110,833, 10.6% versus March 2023 | $935,500 | 50.0% | 1.5 |
| Detached condo | 2 | −1 −33.3% down 1, 33.3% versus March 2023 | $1,025,000 | −$26,667 −2.5% down $26,667, 2.5% versus March 2023 | $1,025,000 | 33.3% | 4.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 419.9 | $1,090,900 | −15.1% down 15.1% |
| Single-family detached | 381.6 | $1,396,900 | −15.0% down 15.0% |
| Single-family attached | 384.6 | $1,026,000 | −14.1% down 14.1% |
| Townhouse | 383.5 | $811,000 | −15.1% down 15.1% |
| Apartment | 364.9 | $625,000 | −16.4% down 16.4% |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Caledon +8.4% up 8.4%
- Brampton +5.6% up 5.6%
- Mississauga +3.8% up 3.8%
Bottom 5
- Mississauga +3.8% up 3.8%
- Brampton +5.6% up 5.6%
- Caledon +8.4% up 8.4%
Sales, month-over-month
Top 5
- Mississauga +9.9% up 9.9%
- Brampton +9.3% up 9.3%
- Caledon −12.4% down 12.4%
Bottom 5
- Caledon −12.4% down 12.4%
- Brampton +9.3% up 9.3%
- Mississauga +9.9% up 9.9%
Peel Region
Caledon
Caledon, Peel Region
$1,435,851
+$111,801 +8.4% up $111,801, 8.4% versus March 2023
- Sales
- 78
- SP/LP
- 97%
- DOM
- 23
- SNLR
- 49.7%
Brampton
Brampton, Peel Region
$1,088,311
+$57,674 +5.6% up $57,674, 5.6% versus March 2023
- Sales
- 660
- SP/LP
- 103%
- DOM
- 13
- SNLR
- 67.8%
Mississauga
Mississauga, Peel Region
$1,076,430
+$39,877 +3.8% up $39,877, 3.8% versus March 2023
- Sales
- 646
- SP/LP
- 102%
- DOM
- 17
- SNLR
- 68.5%
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 | 78 | −11 −12.4% down 11, 12.4% versus March 2023 | $112.0M | $1,435,851 | +$111,801 +8.4% up $111,801, 8.4% versus March 2023 | $1,322,500 | 157 | 201 | 97% | 23 | 29 | 49.7% | 2.6 |
| Brampton Brampton, Peel Region | 660 | +56 +9.3% up 56, 9.3% versus March 2023 | $718.3M | $1,088,311 | +$57,674 +5.6% up $57,674, 5.6% versus March 2023 | $1,050,000 | 974 | 637 | 103% | 13 | 20 | 67.8% | 1.0 |
| Mississauga Mississauga, Peel Region | 646 | +58 +9.9% up 58, 9.9% versus March 2023 | $695.4M | $1,076,430 | +$39,877 +3.8% up $39,877, 3.8% versus March 2023 | $987,000 | 943 | 861 | 102% | 17 | 23 | 68.5% | 1.3 |