Source: TRREB MarketWatch, February 2021

3 areas

Peel Region

February 2021

Headline indicators

All home types

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

$1,023,552

MoM +$71,369 +7.5% YoY +18.8%

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

$935,000

MoM +$60,000 +6.9% YoY +18.4%

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

$911,000

MoM +$42,600 +4.9% YoY +15.6%

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

2,270

MoM +817 +56.2% YoY +49.7%

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

$2.32B

MoM +$939,941,833 +67.9% YoY +77.9%

New listings — Properties newly listed during the month.

3,285

MoM +1,368 +71.4% YoY +54.4%

Active listings — Listings available at month end.

1,544

MoM +453 +41.5% YoY +9.7%

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

MoM −6 days −37.5% YoY −23.1%

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

MoM −8 days −36.4% YoY −26.3%

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

106%

MoM +2.0 pp +1.9% YoY +3.9%

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

69.1%

MoM −6.7 pp −8.8% YoY −3.0%

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.

0.7

MoM −0 −9.4% YoY −26.8%

Trend

13 months to February 2021

Average price

Peel Region average selling price over the 13 months ending February 2021.
Month	Average price
Feb '20	861537
Mar '20	840355
Apr '20	802155
May '20	807724
Jun '20	866830
Jul '20	902257
Aug '20	897391
Sep '20	904963
Oct '20	897749
Nov '20	889302
Dec '20	894581
Jan '21	952183
Feb '21	1023552

Sales

Peel Region sales over the 13 months ending February 2021.
Month	Sales
Feb '20	1516
Mar '20	1597
Apr '20	520
May '20	927
Jun '20	1778
Jul '20	2339
Aug '20	2301
Sep '20	2363
Oct '20	2198
Nov '20	1865
Dec '20	1486
Jan '21	1453
Feb '21	2270

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	2,270	+817 +56.2% up 817, 56.2% versus January 2021	$1,023,552	+$71,369 +7.5% up $71,369, 7.5% versus January 2021	$935,000	69.1%	0.7
Detached	1,064	+434 +68.9% up 434, 68.9% versus January 2021	$1,324,191	+$41,633 +3.2% up $41,633, 3.2% versus January 2021	$1,241,350	64.6%	0.7
Semi-detached	351	+160 +83.8% up 160, 83.8% versus January 2021	$934,857	+$31,447 +3.5% up $31,447, 3.5% versus January 2021	$915,777	65.5%	0.6
Att/row/townhouse	217	+82 +60.7% up 82, 60.7% versus January 2021	$870,438	+$32,009 +3.8% up $32,009, 3.8% versus January 2021	$869,000	67.2%	0.6
Condo townhouse	250	+67 +36.6% up 67, 36.6% versus January 2021	$723,595	+$48,181 +7.1% up $48,181, 7.1% versus January 2021	$721,100	73.1%	0.6
Condo apartment	375	+67 +21.8% up 67, 21.8% versus January 2021	$545,427	+$23,847 +4.6% up $23,847, 4.6% versus January 2021	$530,000	90.4%	0.8
Link	10	+4 +66.7% up 4, 66.7% versus January 2021	$954,510	+$33,877 +3.7% up $33,877, 3.7% versus January 2021	$895,000	66.7%	0.5
Co-op apartment	1	+1 up 1 versus January 2021	$220,889	+$220,889 up $220,889 versus January 2021	$220,889	—	0.0
Detached condo	2	+2 up 2 versus January 2021	$1,152,500	+$1,152,500 up $1,152,500 versus January 2021	$1,152,500	40.0%	1.5
Co-ownership apartment	0	no change no change versus January 2021	$0	no change no change versus January 2021	—	0.0%	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	321.2	$911,000	+15.6% up 15.6%
Single-family detached	319	$1,129,800	+19.2% up 19.2%
Single-family attached	333.1	$851,200	+20.1% up 20.1%
Townhouse	316.8	$669,200	+14.4% up 14.4%
Apartment	308.2	$528,400	+3.7% up 3.7%

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Mississauga +11.5% up 11.5%
Caledon +6.4% up 6.4%
Brampton +4.4% up 4.4%

Bottom 5

Brampton +4.4% up 4.4%
Caledon +6.4% up 6.4%
Mississauga +11.5% up 11.5%

Sales, month-over-month

Top 5

Caledon +65.2% up 65.2%
Mississauga +60.8% up 60.8%
Brampton +51.5% up 51.5%

Bottom 5

Brampton +51.5% up 51.5%
Mississauga +60.8% up 60.8%
Caledon +65.2% up 65.2%

Peel Region

Caledon

Caledon, Peel Region

$1,398,858

+$83,872 +6.4% up $83,872, 6.4% versus January 2021

Sales: 114
SP/LP: 106%
DOM: 12
SNLR: 63.3%

Full history →

Brampton

Brampton, Peel Region

$1,014,232

+$42,770 +4.4% up $42,770, 4.4% versus January 2021

Sales: 1,135
SP/LP: 106%
DOM: 7
SNLR: 64.2%

Full history →

Mississauga

Mississauga, Peel Region

$992,008

+$101,988 +11.5% up $101,988, 11.5% versus January 2021

Sales: 1,021
SP/LP: 105%
DOM: 12
SNLR: 76.4%

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	114	+45 +65.2% up 45, 65.2% versus January 2021	$159.5M	$1,398,858	+$83,872 +6.4% up $83,872, 6.4% versus January 2021	$1,303,079	180	104	106%	12	17	63.3%	0.9
Brampton Brampton, Peel Region	1,135	+386 +51.5% up 386, 51.5% versus January 2021	$1.15B	$1,014,232	+$42,770 +4.4% up $42,770, 4.4% versus January 2021	$950,000	1,768	702	106%	7	9	64.2%	0.6
Mississauga Mississauga, Peel Region	1,021	+386 +60.8% up 386, 60.8% versus January 2021	$1.01B	$992,008	+$101,988 +11.5% up $101,988, 11.5% versus January 2021	$876,000	1,337	738	105%	12	18	76.4%	0.7