Source: TRREB MarketWatch, March 2021

3 areas

Peel Region

March 2021

Headline indicators

All home types

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

$1,061,015

MoM +$37,463 +3.7% YoY +26.3%

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

$952,000

MoM +$17,000 +1.8% YoY +22.1%

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

$944,200

MoM +$33,200 +3.6% YoY +16.8%

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

3,185

MoM +915 +40.3% YoY +99.4%

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

$3.38B

MoM +$1,055,868,330 +45.4% YoY +151.8%

New listings — Properties newly listed during the month.

4,699

MoM +1,414 +43.0% YoY +57.4%

Active listings — Listings available at month end.

1,923

MoM +379 +24.5% YoY +1.8%

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

MoM −2 days −20.0% YoY −20.0%

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

MoM −3 days −21.4% YoY −15.4%

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

106%

MoM no change YoY +3.9%

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

67.8%

MoM −1.3 pp −1.9% YoY +26.7%

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.

0.6

MoM −0 −11.2% YoY −49.0%

Trend

13 months to March 2021

Average price

Peel Region average selling price over the 13 months ending March 2021.
Month	Average price
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
Mar '21	1061015

Sales

Peel Region sales over the 13 months ending March 2021.
Month	Sales
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
Mar '21	3185

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	3,185	+915 +40.3% up 915, 40.3% versus February 2021	$1,061,015	+$37,463 +3.7% up $37,463, 3.7% versus February 2021	$952,000	67.8%	0.6
Detached	1,527	+463 +43.5% up 463, 43.5% versus February 2021	$1,368,268	+$44,077 +3.3% up $44,077, 3.3% versus February 2021	$1,261,000	64.8%	0.6
Semi-detached	533	+182 +51.9% up 182, 51.9% versus February 2021	$937,803	+$2,946 +0.3% up $2,946, 0.3% versus February 2021	$920,000	73.1%	0.5
Att/row/townhouse	288	+71 +32.7% up 71, 32.7% versus February 2021	$875,467	+$5,029 +0.6% up $5,029, 0.6% versus February 2021	$866,556	60.5%	0.6
Condo townhouse	346	+96 +38.4% up 96, 38.4% versus February 2021	$740,574	+$16,979 +2.3% up $16,979, 2.3% versus February 2021	$734,500	70.6%	0.6
Condo apartment	481	+106 +28.3% up 106, 28.3% versus February 2021	$567,803	+$22,376 +4.1% up $22,376, 4.1% versus February 2021	$545,000	75.8%	0.7
Link	5	−5 −50.0% down 5, 50.0% versus February 2021	$977,380	+$22,870 +2.4% up $22,870, 2.4% versus February 2021	$996,000	55.6%	0.4
Co-op apartment	1	no change no change versus February 2021	$560,000	+$339,111 +153.5% up $339,111, 153.5% versus February 2021	$560,000	33.3%	2.0
Detached condo	3	+1 +50.0% up 1, 50.0% versus February 2021	$962,333	−$190,167 −16.5% down $190,167, 16.5% versus February 2021	$887,000	150.0%	0.7
Co-ownership apartment	1	+1 up 1 versus February 2021	$317,000	+$317,000 up $317,000 versus February 2021	$317,000	—	0.0

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	332.9	$944,200	+16.8% up 16.8%
Single-family detached	330.8	$1,171,500	+20.6% up 20.6%
Single-family attached	344.7	$880,800	+21.3% up 21.3%
Townhouse	329.1	$695,200	+15.8% up 15.8%
Apartment	319.7	$548,200	+4.9% up 4.9%

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Mississauga +7.1% up 7.1%
Brampton +1.2% up 1.2%
Caledon −2.0% down 2.0%

Bottom 5

Caledon −2.0% down 2.0%
Brampton +1.2% up 1.2%
Mississauga +7.1% up 7.1%

Sales, month-over-month

Top 5

Caledon +53.5% up 53.5%
Brampton +40.9% up 40.9%
Mississauga +38.2% up 38.2%

Bottom 5

Mississauga +38.2% up 38.2%
Brampton +40.9% up 40.9%
Caledon +53.5% up 53.5%

Peel Region

Caledon

Caledon, Peel Region

$1,370,770

−$28,088 −2.0% down $28,088, 2.0% versus February 2021

Sales: 175
SP/LP: 105%
DOM: 10
SNLR: 66.0%

Full history →

Mississauga

Mississauga, Peel Region

$1,061,988

+$69,980 +7.1% up $69,980, 7.1% versus February 2021

Sales: 1,411
SP/LP: 106%
DOM: 9
SNLR: 71.4%

Full history →

Brampton

Brampton, Peel Region

$1,026,255

+$12,023 +1.2% up $12,023, 1.2% versus February 2021

Sales: 1,599
SP/LP: 106%
DOM: 7
SNLR: 65.0%

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	175	+61 +53.5% up 61, 53.5% versus February 2021	$239.9M	$1,370,770	−$28,088 −2.0% down $28,088, 2.0% versus February 2021	$1,180,000	265	143	105%	10	12	66.0%	0.8
Mississauga Mississauga, Peel Region	1,411	+390 +38.2% up 390, 38.2% versus February 2021	$1.50B	$1,061,988	+$69,980 +7.1% up $69,980, 7.1% versus February 2021	$930,000	1,976	889	106%	9	13	71.4%	0.6
Brampton Brampton, Peel Region	1,599	+464 +40.9% up 464, 40.9% versus February 2021	$1.64B	$1,026,255	+$12,023 +1.2% up $12,023, 1.2% versus February 2021	$950,000	2,458	891	106%	7	10	65.0%	0.6