Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,008,584
MoM −$32,856 −3.2% down $32,856, 3.2% versus June 2021 YoY +11.8% up 11.8% versus July 2020
Source: TRREB MarketWatch, July 2021
3 areas
Peel Region
July 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.
$900,000
MoM −$30,000 −3.2% down $30,000, 3.2% versus June 2021 YoY +9.8% up 9.8% versus July 2020
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$967,000
MoM +$5,400 +0.6% up $5,400, 0.6% versus June 2021 YoY +18.7% up 18.7% versus July 2020
Sales — Firm transactions reported through the MLS® System during the month.
1,980
MoM −301 −13.2% down 301, 13.2% versus June 2021 YoY −15.3% down 15.3% versus July 2020
Dollar volume — Total value of all sales in the month.
$2.00B
MoM −$378,527,214 −15.9% down $378,527,214, 15.9% versus June 2021 YoY −5.4% down 5.4% versus July 2020
New listings — Properties newly listed during the month.
2,446
MoM −779 −24.2% down 779, 24.2% versus June 2021 YoY −31.2% down 31.2% versus July 2020
Active listings — Listings available at month end.
1,586
MoM −328 −17.1% down 328, 17.1% versus June 2021 YoY −37.1% down 37.1% versus July 2020
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
13
MoM +1 day +8.3% up 1 day, 8.3% versus June 2021 YoY −18.8% down 18.8% versus July 2020
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
19
MoM +3 days +18.8% up 3 days, 18.8% versus June 2021 YoY −20.8% down 20.8% versus July 2020
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
103%
MoM no change no change versus June 2021 YoY +3.0% up 3.0% versus July 2020
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
81.0%
MoM +10.2 pp +14.4% up 10.2 pp, 14.4% versus June 2021 YoY +23.0% up 23.0% versus July 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 −4.5% down 0, 4.5% versus June 2021 YoY −25.7% down 25.7% versus July 2020
Trend
13 months to July 2021
Average price
| Month | Average price |
|---|---|
| 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 |
| Jul '21 | 1008584 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Jul '21 | 1980 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,980 | −301 −13.2% down 301, 13.2% versus June 2021 | $1,008,584 | −$32,856 −3.2% down $32,856, 3.2% versus June 2021 | $900,000 | 81.0% | 0.8 |
| Detached | 823 | −251 −23.4% down 251, 23.4% versus June 2021 | $1,359,718 | +$8,168 +0.6% up $8,168, 0.6% versus June 2021 | $1,268,000 | 80.0% | 0.8 |
| Semi-detached | 306 | −42 −12.1% down 42, 12.1% versus June 2021 | $931,494 | +$8,876 +1.0% up $8,876, 1.0% versus June 2021 | $920,250 | 91.6% | 0.5 |
| Att/row/townhouse | 190 | −39 −17.0% down 39, 17.0% versus June 2021 | $867,854 | +$20,699 +2.4% up $20,699, 2.4% versus June 2021 | $848,950 | 87.6% | 0.5 |
| Condo townhouse | 290 | +21 +7.8% up 21, 7.8% versus June 2021 | $732,539 | +$2,528 +0.3% up $2,528, 0.3% versus June 2021 | $730,000 | 88.7% | 0.7 |
| Condo apartment | 358 | +14 +4.1% up 14, 4.1% versus June 2021 | $568,079 | −$3,585 −0.6% down $3,585, 0.6% versus June 2021 | $550,000 | 67.3% | 1.3 |
| Link | 9 | −3 −25.0% down 3, 25.0% versus June 2021 | $852,322 | −$102,185 −10.7% down $102,185, 10.7% versus June 2021 | $835,000 | 180.0% | 0.3 |
| Co-op apartment | 0 | −1 −100.0% down 1, 100.0% versus June 2021 | $0 | −$565,000 −100.0% down $565,000, 100.0% versus June 2021 | — | 0.0% | — |
| Detached condo | 4 | no change no change versus June 2021 | $1,134,750 | +$173,500 +18.0% up $173,500, 18.0% versus June 2021 | $1,105,000 | 400.0% | 0.5 |
| Co-ownership apartment | 0 | no change no change versus June 2021 | $0 | no change no change versus June 2021 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 341.2 | $967,000 | +18.7% up 18.7% |
| Single-family detached | 337 | $1,193,500 | +22.2% up 22.2% |
| Single-family attached | 349 | $891,800 | +21.9% up 21.9% |
| Townhouse | 344.7 | $728,800 | +16.9% up 16.9% |
| Apartment | 332.8 | $569,100 | +8.3% up 8.3% |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Brampton −0.6% down 0.6%
- Caledon −1.6% down 1.6%
- Mississauga −5.4% down 5.4%
Bottom 5
- Mississauga −5.4% down 5.4%
- Caledon −1.6% down 1.6%
- Brampton −0.6% down 0.6%
Sales, month-over-month
Top 5
- Mississauga −11.9% down 11.9%
- Brampton −13.2% down 13.2%
- Caledon −23.3% down 23.3%
Bottom 5
- Caledon −23.3% down 23.3%
- Brampton −13.2% down 13.2%
- Mississauga −11.9% down 11.9%
Peel Region
Caledon
Caledon, Peel Region
$1,436,066
−$23,012 −1.6% down $23,012, 1.6% versus June 2021
- Sales
- 102
- SP/LP
- 101%
- DOM
- 14
- SNLR
- 75.0%
Brampton
Brampton, Peel Region
$1,006,049
−$5,990 −0.6% down $5,990, 0.6% versus June 2021
- Sales
- 958
- SP/LP
- 103%
- DOM
- 12
- SNLR
- 86.1%
Mississauga
Mississauga, Peel Region
$963,829
−$55,496 −5.4% down $55,496, 5.4% versus June 2021
- Sales
- 920
- SP/LP
- 103%
- DOM
- 14
- SNLR
- 76.9%
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 | 102 | −31 −23.3% down 31, 23.3% versus June 2021 | $146.5M | $1,436,066 | −$23,012 −1.6% down $23,012, 1.6% versus June 2021 | $1,370,029 | 136 | 128 | 101% | 14 | 21 | 75.0% | 1.3 |
| Brampton Brampton, Peel Region | 958 | −146 −13.2% down 146, 13.2% versus June 2021 | $963.8M | $1,006,049 | −$5,990 −0.6% down $5,990, 0.6% versus June 2021 | $922,000 | 1,113 | 582 | 103% | 12 | 18 | 86.1% | 0.6 |
| Mississauga Mississauga, Peel Region | 920 | −124 −11.9% down 124, 11.9% versus June 2021 | $886.7M | $963,829 | −$55,496 −5.4% down $55,496, 5.4% versus June 2021 | $830,000 | 1,197 | 876 | 103% | 14 | 20 | 76.9% | 0.9 |