Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,041,440
MoM −$14,467 −1.4% down $14,467, 1.4% versus May 2021 YoY +20.1% up 20.1% versus June 2020
Source: TRREB MarketWatch, June 2021
3 areas
Peel Region
June 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.
$930,000
MoM −$15,000 −1.6% down $15,000, 1.6% versus May 2021 YoY +17.8% up 17.8% versus June 2020
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$961,600
MoM +$3,400 +0.4% up $3,400, 0.4% versus May 2021 YoY +20.2% up 20.2% versus June 2020
Sales — Firm transactions reported through the MLS® System during the month.
2,281
MoM −98 −4.1% down 98, 4.1% versus May 2021 YoY +28.3% up 28.3% versus June 2020
Dollar volume — Total value of all sales in the month.
$2.38B
MoM −$136,479,814 −5.4% down $136,479,814, 5.4% versus May 2021 YoY +54.1% up 54.1% versus June 2020
New listings — Properties newly listed during the month.
3,225
MoM −503 −13.5% down 503, 13.5% versus May 2021 YoY +5.8% up 5.8% versus June 2020
Active listings — Listings available at month end.
1,914
MoM −265 −12.2% down 265, 12.2% versus May 2021 YoY −18.0% down 18.0% versus June 2020
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
12
MoM +1 day +9.1% up 1 day, 9.1% versus May 2021 YoY −25.0% down 25.0% versus June 2020
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
16
MoM +1 day +6.7% up 1 day, 6.7% versus May 2021 YoY −38.5% down 38.5% versus June 2020
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
103%
MoM −1.0 pp −1.0% down 1.0 pp, 1.0% versus May 2021 YoY +4.0% up 4.0% versus June 2020
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
70.7%
MoM +6.9 pp +10.8% up 6.9 pp, 10.8% versus May 2021 YoY +21.2% up 21.2% versus June 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 −8.4% down 0, 8.4% versus May 2021 YoY −36.1% down 36.1% versus June 2020
Trend
13 months to June 2021
Average price
| Month | Average price |
|---|---|
| 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 |
| May '21 | 1055907 |
| Jun '21 | 1041440 |
Sales
| Month | Sales |
|---|---|
| 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 |
| May '21 | 2379 |
| Jun '21 | 2281 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 2,281 | −98 −4.1% down 98, 4.1% versus May 2021 | $1,041,440 | −$14,467 −1.4% down $14,467, 1.4% versus May 2021 | $930,000 | 70.7% | 0.8 |
| Detached | 1,074 | −62 −5.5% down 62, 5.5% versus May 2021 | $1,351,550 | −$9,464 −0.7% down $9,464, 0.7% versus May 2021 | $1,240,000 | 73.8% | 0.8 |
| Semi-detached | 348 | −54 −13.4% down 54, 13.4% versus May 2021 | $922,618 | −$5,122 −0.6% down $5,122, 0.6% versus May 2021 | $912,500 | 78.4% | 0.6 |
| Att/row/townhouse | 229 | +6 +2.7% up 6, 2.7% versus May 2021 | $847,155 | +$821 +0.1% up $821, 0.1% versus May 2021 | $852,000 | 80.3% | 0.6 |
| Condo townhouse | 269 | −23 −7.9% down 23, 7.9% versus May 2021 | $730,011 | −$7,789 −1.1% down $7,789, 1.1% versus May 2021 | $730,000 | 61.8% | 1.0 |
| Condo apartment | 344 | +29 +9.2% up 29, 9.2% versus May 2021 | $571,664 | +$7,602 +1.3% up $7,602, 1.3% versus May 2021 | $547,000 | 58.7% | 1.4 |
| Link | 12 | +4 +50.0% up 4, 50.0% versus May 2021 | $954,507 | −$34,243 −3.5% down $34,243, 3.5% versus May 2021 | $950,000 | 85.7% | 0.7 |
| Co-op apartment | 1 | +1 up 1 versus May 2021 | $565,000 | +$565,000 up $565,000 versus May 2021 | $565,000 | 100.0% | 1.0 |
| Detached condo | 4 | +1 +33.3% up 1, 33.3% versus May 2021 | $961,250 | −$98,879 −9.3% down $98,879, 9.3% versus May 2021 | $935,000 | 80.0% | 1.5 |
| Co-ownership apartment | 0 | no change no change versus May 2021 | $0 | no change no change versus May 2021 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 339.3 | $961,600 | +20.2% up 20.2% |
| Single-family detached | 335.8 | $1,189,200 | +24.7% up 24.7% |
| Single-family attached | 347 | $886,700 | +24.1% up 24.1% |
| Townhouse | 342.8 | $724,800 | +18.7% up 18.7% |
| Apartment | 331.1 | $566,200 | +8.3% up 8.3% |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Brampton +1.4% up 1.4%
- Caledon −2.5% down 2.5%
- Mississauga −4.3% down 4.3%
Bottom 5
- Mississauga −4.3% down 4.3%
- Caledon −2.5% down 2.5%
- Brampton +1.4% up 1.4%
Sales, month-over-month
Top 5
- Caledon −0.7% down 0.7%
- Mississauga −2.5% down 2.5%
- Brampton −6.0% down 6.0%
Bottom 5
- Brampton −6.0% down 6.0%
- Mississauga −2.5% down 2.5%
- Caledon −0.7% down 0.7%
Peel Region
Caledon
Caledon, Peel Region
$1,459,078
−$37,137 −2.5% down $37,137, 2.5% versus May 2021
- Sales
- 133
- SP/LP
- 101%
- DOM
- 13
- SNLR
- 68.6%
Mississauga
Mississauga, Peel Region
$1,019,325
−$45,305 −4.3% down $45,305, 4.3% versus May 2021
- Sales
- 1,044
- SP/LP
- 104%
- DOM
- 12
- SNLR
- 66.2%
Brampton
Brampton, Peel Region
$1,012,039
+$14,346 +1.4% up $14,346, 1.4% versus May 2021
- Sales
- 1,104
- SP/LP
- 103%
- DOM
- 11
- SNLR
- 76.0%
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 | 133 | −1 −0.7% down 1, 0.7% versus May 2021 | $194.1M | $1,459,078 | −$37,137 −2.5% down $37,137, 2.5% versus May 2021 | $1,309,000 | 194 | 156 | 101% | 13 | 19 | 68.6% | 1.2 |
| Mississauga Mississauga, Peel Region | 1,044 | −27 −2.5% down 27, 2.5% versus May 2021 | $1.06B | $1,019,325 | −$45,305 −4.3% down $45,305, 4.3% versus May 2021 | $900,000 | 1,578 | 1,022 | 104% | 12 | 17 | 66.2% | 1.0 |
| Brampton Brampton, Peel Region | 1,104 | −70 −6.0% down 70, 6.0% versus May 2021 | $1.12B | $1,012,039 | +$14,346 +1.4% up $14,346, 1.4% versus May 2021 | $933,000 | 1,453 | 736 | 103% | 11 | 16 | 76.0% | 0.7 |