Source: TRREB MarketWatch, March 2025

3 areas

Peel Region

March 2025

Headline indicators

All home types

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

$1,033,272

MoM −$2,512 −0.2% down $2,512, 0.2% versus February 2025 YoY −2.7% down 2.7% versus March 2024

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

$931,250

MoM +$14,250 +1.6% up $14,250, 1.6% versus February 2025 YoY −4.7% down 4.7% versus March 2024

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

$1,015,700

MoM −$11,200 −1.1% down $11,200, 1.1% versus February 2025 YoY −3.4% down 3.4% versus March 2024

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

834

MoM +185 +28.5% up 185, 28.5% versus February 2025 YoY −28.2% down 28.2% versus March 2024

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

$861.7M

MoM +$189,525,451 +28.2% up $189,525,451, 28.2% versus February 2025 YoY −30.1% down 30.1% versus March 2024

New listings — Properties newly listed during the month.

3,086

MoM +877 +39.7% up 877, 39.7% versus February 2025 YoY +28.3% up 28.3% versus March 2024

Active listings — Listings available at month end.

4,305

MoM +695 +19.3% up 695, 19.3% versus February 2025 YoY +103.7% up 103.7% versus March 2024

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

24

MoM −4 days −14.3% down 4 days, 14.3% versus February 2025 YoY +26.3% up 26.3% versus March 2024

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

40

MoM −5 days −11.1% down 5 days, 11.1% versus February 2025 YoY +42.9% up 42.9% versus March 2024

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 February 2025 YoY −2.0% down 2.0% versus March 2024

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

27.0%

MoM −2.4 pp −8.0% down 2.4 pp, 8.0% versus February 2025 YoY −44.0% down 44.0% versus March 2024

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.

5.2

MoM −0 −7.2% down 0, 7.2% versus February 2025 YoY +183.6% up 183.6% versus March 2024

Trend

13 months to March 2025

Average price

Peel Region average selling price over the 13 months ending March 2025.
Month Average price
Mar '24 1062171
Apr '24 1106046
May '24 1071480
Jun '24 1077628
Jul '24 1065043
Aug '24 1029214
Sep '24 1058346
Oct '24 1077093
Nov '24 1042887
Dec '24 982456
Jan '25 1034120
Feb '25 1035784
Mar '25 1033272

Sales

Peel Region sales over the 13 months ending March 2025.
Month Sales
Mar '24 1161
Apr '24 1221
May '24 1197
Jun '24 1120
Jul '24 938
Aug '24 934
Sep '24 907
Oct '24 1162
Nov '24 964
Dec '24 598
Jan '25 749
Feb '25 649
Mar '25 834

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 834 +185 +28.5% up 185, 28.5% versus February 2025 $1,033,272 −$2,512 −0.2% down $2,512, 0.2% versus February 2025 $931,250 27.0% 5.2
Detached 354 +74 +26.4% up 74, 26.4% versus February 2025 $1,377,175 −$16,717 −1.2% down $16,717, 1.2% versus February 2025 $1,270,000 24.0% 5.6
Semi-detached 134 +30 +28.8% up 30, 28.8% versus February 2025 $957,371 +$12,876 +1.4% up $12,876, 1.4% versus February 2025 $949,000 40.0% 2.9
Att/row/townhouse 89 +28 +45.9% up 28, 45.9% versus February 2025 $861,384 −$1,717 −0.2% down $1,717, 0.2% versus February 2025 $855,000 32.1% 4.3
Condo townhouse 100 +16 +19.0% up 16, 19.0% versus February 2025 $754,480 +$16,912 +2.3% up $16,912, 2.3% versus February 2025 $728,500 27.6% 4.9
Condo apartment 147 +30 +25.6% up 30, 25.6% versus February 2025 $569,697 +$2,518 +0.4% up $2,518, 0.4% versus February 2025 $547,000 24.0% 7.0
Link 8 +6 +300.0% up 6, 300.0% versus February 2025 $935,562 +$37,312 +4.2% up $37,312, 4.2% versus February 2025 $942,500 88.9% 0.8
Co-op apartment 1 n/a not available, prior month not on file versus February 2025 $650,000 n/a not available, prior month not on file versus February 2025 $650,000 14.3% 11.0
Detached condo 1 no change no change versus February 2025 $1,950,000 +$1,005,000 +106.3% up $1,005,000, 106.3% versus February 2025 $1,950,000 16.7% 7.0

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 354.4 $1,015,700 −3.4% down 3.4%
Single-family detached 362.3 $1,310,000 −2.9% down 2.9%
Single-family attached 361.9 $942,300 −4.3% down 4.3%
Townhouse 371 $779,400 −3.6% down 3.6%
Apartment 343.3 $556,800 −6.6% down 6.6%

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Mississauga +0.6% up 0.6%
  2. Brampton −1.9% down 1.9%
  3. Caledon −2.6% down 2.6%

Bottom 5

  1. Caledon −2.6% down 2.6%
  2. Brampton −1.9% down 1.9%
  3. Mississauga +0.6% up 0.6%

Sales, month-over-month

Top 5

  1. Mississauga +37.2% up 37.2%
  2. Caledon +34.0% up 34.0%
  3. Brampton +16.5% up 16.5%

Bottom 5

  1. Brampton +16.5% up 16.5%
  2. Caledon +34.0% up 34.0%
  3. Mississauga +37.2% up 37.2%

Peel Region

Caledon

Caledon, Peel Region

$1,311,587

−$34,786 −2.6% down $34,786, 2.6% versus February 2025

Sales
67
SP/LP
96%
DOM
25
SNLR
28.3%

Full history →

Mississauga

Mississauga, Peel Region

$1,046,145

+$6,194 +0.6% up $6,194, 0.6% versus February 2025

Sales
457
SP/LP
98%
DOM
24
SNLR
30.8%

Full history →

Brampton

Brampton, Peel Region

$954,144

−$18,041 −1.9% down $18,041, 1.9% versus February 2025

Sales
310
SP/LP
99%
DOM
24
SNLR
22.7%

Full history →

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 67 +17 +34.0% up 17, 34.0% versus February 2025 $87.9M $1,311,587 −$34,786 −2.6% down $34,786, 2.6% versus February 2025 $1,205,000 237 367 96% 25 46 28.3% 5.5
Mississauga Mississauga, Peel Region 457 +124 +37.2% up 124, 37.2% versus February 2025 $478.1M $1,046,145 +$6,194 +0.6% up $6,194, 0.6% versus February 2025 $930,000 1,485 2,040 98% 24 41 30.8% 4.5
Brampton Brampton, Peel Region 310 +44 +16.5% up 44, 16.5% versus February 2025 $295.8M $954,144 −$18,041 −1.9% down $18,041, 1.9% versus February 2025 $895,500 1,364 1,898 99% 24 37 22.7% 6.1