Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,077,093
MoM +$18,747 +1.8% up $18,747, 1.8% versus September 2024 YoY −0.3% down 0.3% versus October 2023
Source: TRREB MarketWatch, October 2024
3 areas
Peel Region
October 2024
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$963,750
MoM −$24,250 −2.5% down $24,250, 2.5% versus September 2024 YoY −0.6% down 0.6% versus October 2023
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,010,800
MoM −$4,700 −0.5% down $4,700, 0.5% versus September 2024 YoY −3.3% down 3.3% versus October 2023
Sales — Firm transactions reported through the MLS® System during the month.
1,162
MoM +255 +28.1% up 255, 28.1% versus September 2024 YoY +44.0% up 44.0% versus October 2023
Dollar volume — Total value of all sales in the month.
$1.25B
MoM +$291,661,841 +30.4% up $291,661,841, 30.4% versus September 2024 YoY +43.6% up 43.6% versus October 2023
New listings — Properties newly listed during the month.
2,712
MoM −438 −13.9% down 438, 13.9% versus September 2024 YoY +8.8% up 8.8% versus October 2023
Active listings — Listings available at month end.
4,277
MoM −271 −6.0% down 271, 6.0% versus September 2024 YoY +21.2% up 21.2% versus October 2023
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
27
MoM +1 day +3.8% up 1 day, 3.8% versus September 2024 YoY +22.7% up 22.7% versus October 2023
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
46
MoM +1 day +2.2% up 1 day, 2.2% versus September 2024 YoY +31.4% up 31.4% versus October 2023
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
98%
MoM no change no change versus September 2024 YoY no change no change versus October 2023
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
42.9%
MoM +14.1 pp +48.8% up 14.1 pp, 48.8% versus September 2024 YoY +32.4% up 32.4% versus October 2023
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.
3.7
MoM −1 −26.6% down 1, 26.6% versus September 2024 YoY −15.8% down 15.8% versus October 2023
Trend
13 months to October 2024
Average price
| Month | Average price |
|---|---|
| Oct '23 | 1080216 |
| Nov '23 | 1031654 |
| Dec '23 | 1020187 |
| Jan '24 | 1024926 |
| Feb '24 | 1037245 |
| Mar '24 | 1062171 |
| Apr '24 | 1106046 |
| May '24 | 1071480 |
| Jun '24 | 1077628 |
| Jul '24 | 1065043 |
| Aug '24 | 1029214 |
| Sep '24 | 1058346 |
| Oct '24 | 1077093 |
Sales
| Month | Sales |
|---|---|
| Oct '23 | 807 |
| Nov '23 | 728 |
| Dec '23 | 619 |
| Jan '24 | 829 |
| Feb '24 | 995 |
| Mar '24 | 1161 |
| Apr '24 | 1221 |
| May '24 | 1197 |
| Jun '24 | 1120 |
| Jul '24 | 938 |
| Aug '24 | 934 |
| Sep '24 | 907 |
| Oct '24 | 1162 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,162 | +255 +28.1% up 255, 28.1% versus September 2024 | $1,077,093 | +$18,747 +1.8% up $18,747, 1.8% versus September 2024 | $963,750 | 42.9% | 3.7 |
| Detached | 570 | +125 +28.1% up 125, 28.1% versus September 2024 | $1,379,954 | +$62,482 +4.7% up $62,482, 4.7% versus September 2024 | $1,210,000 | 44.0% | 3.6 |
| Semi-detached | 162 | +28 +20.9% up 28, 20.9% versus September 2024 | $947,600 | −$12,518 −1.3% down $12,518, 1.3% versus September 2024 | $949,000 | 54.2% | 2.3 |
| Att/row/townhouse | 109 | +25 +29.8% up 25, 29.8% versus September 2024 | $896,251 | −$16,636 −1.8% down $16,636, 1.8% versus September 2024 | $895,000 | 47.0% | 3.0 |
| Condo townhouse | 133 | +27 +25.5% up 27, 25.5% versus September 2024 | $758,031 | +$2,272 +0.3% up $2,272, 0.3% versus September 2024 | $755,000 | 43.5% | 3.8 |
| Condo apartment | 182 | +55 +43.3% up 55, 43.3% versus September 2024 | $580,288 | −$24,388 −4.0% down $24,388, 4.0% versus September 2024 | $543,250 | 32.3% | 5.4 |
| Link | 1 | −5 −83.3% down 5, 83.3% versus September 2024 | $735,000 | −$264,083 −26.4% down $264,083, 26.4% versus September 2024 | $735,000 | 20.0% | 8.0 |
| Detached condo | 5 | +1 +25.0% up 1, 25.0% versus September 2024 | $1,328,000 | +$71,000 +5.6% up $71,000, 5.6% versus September 2024 | $1,300,000 | 55.6% | 2.8 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 352.7 | $1,010,800 | −3.3% down 3.3% |
| Single-family detached | 359.8 | $1,301,100 | −2.3% down 2.3% |
| Single-family attached | 360.9 | $939,800 | −3.2% down 3.2% |
| Townhouse | 369.9 | $777,100 | −5.2% down 5.2% |
| Apartment | 355.1 | $575,900 | −5.0% down 5.0% |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Caledon +7.9% up 7.9%
- Mississauga +3.1% up 3.1%
- Brampton −1.5% down 1.5%
Bottom 5
- Brampton −1.5% down 1.5%
- Mississauga +3.1% up 3.1%
- Caledon +7.9% up 7.9%
Sales, month-over-month
Top 5
- Caledon +40.3% up 40.3%
- Mississauga +27.4% up 27.4%
- Brampton +27.0% up 27.0%
Bottom 5
- Brampton +27.0% up 27.0%
- Mississauga +27.4% up 27.4%
- Caledon +40.3% up 40.3%
Peel Region
Caledon
Caledon, Peel Region
$1,373,715
+$100,007 +7.9% up $100,007, 7.9% versus September 2024
- Sales
- 87
- SP/LP
- 96%
- DOM
- 28
- SNLR
- 39.2%
Mississauga
Mississauga, Peel Region
$1,081,951
+$33,037 +3.1% up $33,037, 3.1% versus September 2024
- Sales
- 577
- SP/LP
- 97%
- DOM
- 28
- SNLR
- 44.6%
Brampton
Brampton, Peel Region
$1,019,645
−$15,539 −1.5% down $15,539, 1.5% versus September 2024
- Sales
- 498
- SP/LP
- 99%
- DOM
- 27
- SNLR
- 41.6%
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 | 87 | +25 +40.3% up 25, 40.3% versus September 2024 | $119.5M | $1,373,715 | +$100,007 +7.9% up $100,007, 7.9% versus September 2024 | $1,230,000 | 222 | 384 | 96% | 28 | 53 | 39.2% | 4.4 |
| Mississauga Mississauga, Peel Region | 577 | +124 +27.4% up 124, 27.4% versus September 2024 | $624.3M | $1,081,951 | +$33,037 +3.1% up $33,037, 3.1% versus September 2024 | $950,000 | 1,294 | 2,088 | 97% | 28 | 43 | 44.6% | 3.6 |
| Brampton Brampton, Peel Region | 498 | +106 +27.0% up 106, 27.0% versus September 2024 | $507.8M | $1,019,645 | −$15,539 −1.5% down $15,539, 1.5% versus September 2024 | $945,000 | 1,196 | 1,805 | 99% | 27 | 48 | 41.6% | 3.6 |