Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,035,341
MoM −$25,674 −2.4% down $25,674, 2.4% versus March 2021 YoY +29.1% up 29.1% versus April 2020
Source: TRREB MarketWatch, April 2021
3 areas
Peel Region
April 2021
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$935,000
MoM −$17,000 −1.8% down $17,000, 1.8% versus March 2021 YoY +24.6% up 24.6% versus April 2020
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$955,800
MoM +$11,600 +1.2% up $11,600, 1.2% versus March 2021 YoY +17.8% up 17.8% versus April 2020
Sales — Firm transactions reported through the MLS® System during the month.
2,733
MoM −452 −14.2% down 452, 14.2% versus March 2021 YoY +425.6% up 425.6% versus April 2020
Dollar volume — Total value of all sales in the month.
$2.83B
MoM −$549,745,595 −16.3% down $549,745,595, 16.3% versus March 2021 YoY +578.4% up 578.4% versus April 2020
New listings — Properties newly listed during the month.
4,224
MoM −475 −10.1% down 475, 10.1% versus March 2021 YoY +257.7% up 257.7% versus April 2020
Active listings — Listings available at month end.
2,111
MoM +188 +9.8% up 188, 9.8% versus March 2021 YoY +12.6% up 12.6% versus April 2020
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
10
MoM +2 days +25.0% up 2 days, 25.0% versus March 2021 YoY −47.4% down 47.4% versus April 2020
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
13
MoM +2 days +18.2% up 2 days, 18.2% versus March 2021 YoY −43.5% down 43.5% versus April 2020
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
105%
MoM −1.0 pp −0.9% down 1.0 pp, 0.9% versus March 2021 YoY +7.1% up 7.1% versus April 2020
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
64.7%
MoM −3.1 pp −4.5% down 3.1 pp, 4.5% versus March 2021 YoY +46.9% up 46.9% versus April 2020
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.
0.8
MoM +0 +27.9% up 0, 27.9% versus March 2021 YoY −78.6% down 78.6% versus April 2020
Trend
13 months to April 2021
Average price
| Month | Average price |
|---|---|
| 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 |
| Apr '21 | 1035341 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Apr '21 | 2733 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 2,733 | −452 −14.2% down 452, 14.2% versus March 2021 | $1,035,341 | −$25,674 −2.4% down $25,674, 2.4% versus March 2021 | $935,000 | 64.7% | 0.8 |
| Detached | 1,323 | −204 −13.4% down 204, 13.4% versus March 2021 | $1,325,996 | −$42,272 −3.1% down $42,272, 3.1% versus March 2021 | $1,225,000 | 64.3% | 0.8 |
| Semi-detached | 426 | −107 −20.1% down 107, 20.1% versus March 2021 | $923,585 | −$14,218 −1.5% down $14,218, 1.5% versus March 2021 | $920,000 | 66.0% | 0.7 |
| Att/row/townhouse | 247 | −41 −14.2% down 41, 14.2% versus March 2021 | $856,217 | −$19,250 −2.2% down $19,250, 2.2% versus March 2021 | $850,000 | 62.4% | 0.8 |
| Condo townhouse | 304 | −42 −12.1% down 42, 12.1% versus March 2021 | $727,290 | −$13,284 −1.8% down $13,284, 1.8% versus March 2021 | $725,200 | 60.6% | 0.9 |
| Condo apartment | 421 | −60 −12.5% down 60, 12.5% versus March 2021 | $565,164 | −$2,639 −0.5% down $2,639, 0.5% versus March 2021 | $545,000 | 70.3% | 0.9 |
| Link | 9 | +4 +80.0% up 4, 80.0% versus March 2021 | $964,000 | −$13,380 −1.4% down $13,380, 1.4% versus March 2021 | $950,000 | 47.4% | 1.0 |
| Co-op apartment | 0 | −1 −100.0% down 1, 100.0% versus March 2021 | $0 | −$560,000 −100.0% down $560,000, 100.0% versus March 2021 | — | — | — |
| Detached condo | 3 | no change no change versus March 2021 | $885,167 | −$77,166 −8.0% down $77,166, 8.0% versus March 2021 | $925,000 | 60.0% | 1.3 |
| Co-ownership apartment | 0 | −1 −100.0% down 1, 100.0% versus March 2021 | $0 | −$317,000 −100.0% down $317,000, 100.0% versus March 2021 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 337 | $955,800 | +17.8% up 17.8% |
| Single-family detached | 333.7 | $1,181,800 | +22.0% up 22.0% |
| Single-family attached | 346.4 | $885,200 | +22.3% up 22.3% |
| Townhouse | 335.7 | $709,100 | +16.0% up 16.0% |
| Apartment | 328 | $562,400 | +5.9% up 5.9% |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Caledon +0.0% up 0.0%
- Brampton −2.0% down 2.0%
- Mississauga −3.5% down 3.5%
Bottom 5
- Mississauga −3.5% down 3.5%
- Brampton −2.0% down 2.0%
- Caledon +0.0% up 0.0%
Sales, month-over-month
Top 5
- Caledon −9.1% down 9.1%
- Mississauga −11.9% down 11.9%
- Brampton −16.8% down 16.8%
Bottom 5
- Brampton −16.8% down 16.8%
- Mississauga −11.9% down 11.9%
- Caledon −9.1% down 9.1%
Peel Region
Caledon
Caledon, Peel Region
$1,370,984
+$214 +0.0% up $214, 0.0% versus March 2021
- Sales
- 159
- SP/LP
- 103%
- DOM
- 11
- SNLR
- 63.9%
Mississauga
Mississauga, Peel Region
$1,024,461
−$37,527 −3.5% down $37,527, 3.5% versus March 2021
- Sales
- 1,243
- SP/LP
- 105%
- DOM
- 10
- SNLR
- 67.9%
Brampton
Brampton, Peel Region
$1,005,405
−$20,850 −2.0% down $20,850, 2.0% versus March 2021
- Sales
- 1,331
- SP/LP
- 105%
- DOM
- 9
- SNLR
- 62.1%
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 | 159 | −16 −9.1% down 16, 9.1% versus March 2021 | $218.0M | $1,370,984 | +$214 +0.0% up $214, 0.0% versus March 2021 | $1,180,000 | 249 | 150 | 103% | 11 | 14 | 63.9% | 0.9 |
| Mississauga Mississauga, Peel Region | 1,243 | −168 −11.9% down 168, 11.9% versus March 2021 | $1.27B | $1,024,461 | −$37,527 −3.5% down $37,527, 3.5% versus March 2021 | $907,000 | 1,831 | 972 | 105% | 10 | 13 | 67.9% | 0.8 |
| Brampton Brampton, Peel Region | 1,331 | −268 −16.8% down 268, 16.8% versus March 2021 | $1.34B | $1,005,405 | −$20,850 −2.0% down $20,850, 2.0% versus March 2021 | $930,000 | 2,144 | 989 | 105% | 9 | 12 | 62.1% | 0.7 |