Source: TRREB MarketWatch, May 2025

3 areas

Peel Region

May 2025

Headline indicators

All home types

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

$1,022,631

MoM +$24,424 +2.4% up $24,424, 2.4% versus April 2025 YoY −4.6% down 4.6% versus May 2024

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

$935,000

MoM +$15,000 +1.6% up $15,000, 1.6% versus April 2025 YoY −5.1% down 5.1% versus May 2024

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

$959,900

MoM +$400 +0.0% up $400, 0.0% versus April 2025 YoY −4.8% down 4.8% versus May 2024

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

1,035

MoM +66 +6.8% up 66, 6.8% versus April 2025 YoY −13.5% down 13.5% versus May 2024

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

$1.06B

MoM +$91,160,473 +9.4% up $91,160,473, 9.4% versus April 2025 YoY −17.5% down 17.5% versus May 2024

New listings — Properties newly listed during the month.

4,077

MoM +613 +17.7% up 613, 17.7% versus April 2025 YoY +22.0% up 22.0% versus May 2024

Active listings — Listings available at month end.

5,803

MoM +779 +15.5% up 779, 15.5% versus April 2025 YoY +51.9% up 51.9% versus May 2024

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

26

MoM +1 day +4.0% up 1 day, 4.0% versus April 2025 YoY +36.8% up 36.8% versus May 2024

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

42

MoM +5 days +13.5% up 5 days, 13.5% versus April 2025 YoY +44.8% up 44.8% versus May 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 April 2025 YoY −2.0% down 2.0% versus May 2024

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

25.4%

MoM −2.6 pp −9.2% down 2.6 pp, 9.2% versus April 2025 YoY −29.1% down 29.1% versus May 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.

5.6

MoM +0 +8.1% up 0, 8.1% versus April 2025 YoY +75.7% up 75.7% versus May 2024

Trend

13 months to May 2025

Average price

Peel Region average selling price over the 13 months ending May 2025.
Month Average price
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
Apr '25 998207
May '25 1022631

Sales

Peel Region sales over the 13 months ending May 2025.
Month Sales
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
Apr '25 969
May '25 1035

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 1,035 +66 +6.8% up 66, 6.8% versus April 2025 $1,022,631 +$24,424 +2.4% up $24,424, 2.4% versus April 2025 $935,000 25.4% 5.6
Detached 484 +58 +13.6% up 58, 13.6% versus April 2025 $1,320,269 +$15,869 +1.2% up $15,869, 1.2% versus April 2025 $1,225,000 23.9% 5.8
Semi-detached 159 +7 +4.6% up 7, 4.6% versus April 2025 $924,571 −$10,921 −1.2% down $10,921, 1.2% versus April 2025 $925,000 33.8% 3.5
Att/row/townhouse 105 +9 +9.4% up 9, 9.4% versus April 2025 $864,867 +$4,768 +0.6% up $4,768, 0.6% versus April 2025 $845,000 31.5% 4.4
Condo townhouse 116 −7 −5.7% down 7, 5.7% versus April 2025 $709,737 −$19,633 −2.7% down $19,633, 2.7% versus April 2025 $710,000 24.8% 5.9
Condo apartment 166 +1 +0.6% up 1, 0.6% versus April 2025 $567,621 +$27,623 +5.1% up $27,623, 5.1% versus April 2025 $552,000 22.3% 7.5
Link 3 −3 −50.0% down 3, 50.0% versus April 2025 $781,833 −$169,834 −17.8% down $169,834, 17.8% versus April 2025 $776,500 15.8% 5.7
Detached condo 2 +1 +100.0% up 1, 100.0% versus April 2025 $1,347,500 −$954,400 −41.5% down $954,400, 41.5% versus April 2025 $1,347,500 33.3% 5.0

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 330.1 $959,900 −4.8% down 4.8%
Single-family detached 339.1 $1,245,100 −5.1% down 5.1%
Single-family attached 340.5 $891,400 −5.5% down 5.5%
Townhouse 354.4 $752,100 −4.6% down 4.6%
Apartment 316.6 $543,900 −8.6% down 8.6%

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Mississauga +4.7% up 4.7%
  2. Brampton +0.7% up 0.7%
  3. Caledon −2.6% down 2.6%

Bottom 5

  1. Caledon −2.6% down 2.6%
  2. Brampton +0.7% up 0.7%
  3. Mississauga +4.7% up 4.7%

Sales, month-over-month

Top 5

  1. Caledon +12.3% up 12.3%
  2. Brampton +9.7% up 9.7%
  3. Mississauga +3.7% up 3.7%

Bottom 5

  1. Mississauga +3.7% up 3.7%
  2. Brampton +9.7% up 9.7%
  3. Caledon +12.3% up 12.3%

Peel Region

Caledon

Caledon, Peel Region

$1,338,340

−$35,255 −2.6% down $35,255, 2.6% versus April 2025

Sales
73
SP/LP
97%
DOM
23
SNLR
24.4%

Full history →

Mississauga

Mississauga, Peel Region

$1,040,979

+$47,020 +4.7% up $47,020, 4.7% versus April 2025

Sales
508
SP/LP
98%
DOM
26
SNLR
25.5%

Full history →

Brampton

Brampton, Peel Region

$951,337

+$7,040 +0.7% up $7,040, 0.7% versus April 2025

Sales
454
SP/LP
98%
DOM
26
SNLR
25.4%

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 73 +8 +12.3% up 8, 12.3% versus April 2025 $97.7M $1,338,340 −$35,255 −2.6% down $35,255, 2.6% versus April 2025 $1,235,000 299 475 97% 23 39 24.4% 6.5
Mississauga Mississauga, Peel Region 508 +18 +3.7% up 18, 3.7% versus April 2025 $528.8M $1,040,979 +$47,020 +4.7% up $47,020, 4.7% versus April 2025 $950,000 1,994 2,800 98% 26 41 25.5% 5.5
Brampton Brampton, Peel Region 454 +40 +9.7% up 40, 9.7% versus April 2025 $431.9M $951,337 +$7,040 +0.7% up $7,040, 0.7% versus April 2025 $885,000 1,784 2,528 98% 26 44 25.4% 5.6