Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,039,500
MoM +$30,916 +3.1% up $30,916, 3.1% versus July 2021 YoY +15.8% up 15.8% versus August 2020
Source: TRREB MarketWatch, August 2021
3 areas
Peel Region
August 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.
$950,000
MoM +$50,000 +5.6% up $50,000, 5.6% versus July 2021 YoY +16.1% up 16.1% versus August 2020
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$974,300
MoM +$7,300 +0.8% up $7,300, 0.8% versus July 2021 YoY +18.2% up 18.2% versus August 2020
Sales — Firm transactions reported through the MLS® System during the month.
1,805
MoM −175 −8.8% down 175, 8.8% versus July 2021 YoY −21.6% down 21.6% versus August 2020
Dollar volume — Total value of all sales in the month.
$1.88B
MoM −$120,698,528 −6.0% down $120,698,528, 6.0% versus July 2021 YoY −9.1% down 9.1% versus August 2020
New listings — Properties newly listed during the month.
2,064
MoM −382 −15.6% down 382, 15.6% versus July 2021 YoY −44.5% down 44.5% versus August 2020
Active listings — Listings available at month end.
1,285
MoM −301 −19.0% down 301, 19.0% versus July 2021 YoY −53.9% down 53.9% versus August 2020
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
13
MoM no change no change versus July 2021 YoY −7.1% down 7.1% versus August 2020
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
18
MoM −1 day −5.3% down 1 day, 5.3% versus July 2021 YoY −10.0% down 10.0% versus August 2020
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
104%
MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus July 2021 YoY +4.0% up 4.0% versus August 2020
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
87.5%
MoM +6.5 pp +8.0% up 6.5 pp, 8.0% versus July 2021 YoY +41.4% up 41.4% versus August 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.
0.7
MoM −0 −11.1% down 0, 11.1% versus July 2021 YoY −41.2% down 41.2% versus August 2020
Trend
13 months to August 2021
Average price
| Month | Average price |
|---|---|
| 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 |
| Aug '21 | 1039500 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Aug '21 | 1805 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,805 | −175 −8.8% down 175, 8.8% versus July 2021 | $1,039,500 | +$30,916 +3.1% up $30,916, 3.1% versus July 2021 | $950,000 | 87.5% | 0.7 |
| Detached | 780 | −43 −5.2% down 43, 5.2% versus July 2021 | $1,378,733 | +$19,015 +1.4% up $19,015, 1.4% versus July 2021 | $1,300,000 | 84.2% | 0.7 |
| Semi-detached | 295 | −11 −3.6% down 11, 3.6% versus July 2021 | $962,123 | +$30,629 +3.3% up $30,629, 3.3% versus July 2021 | $950,000 | 102.4% | 0.3 |
| Att/row/townhouse | 164 | −26 −13.7% down 26, 13.7% versus July 2021 | $881,517 | +$13,663 +1.6% up $13,663, 1.6% versus July 2021 | $865,000 | 104.5% | 0.4 |
| Condo townhouse | 231 | −59 −20.3% down 59, 20.3% versus July 2021 | $761,867 | +$29,328 +4.0% up $29,328, 4.0% versus July 2021 | $730,000 | 97.1% | 0.6 |
| Condo apartment | 329 | −29 −8.1% down 29, 8.1% versus July 2021 | $580,626 | +$12,547 +2.2% up $12,547, 2.2% versus July 2021 | $547,000 | 74.1% | 1.3 |
| Link | 4 | −5 −55.6% down 5, 55.6% versus July 2021 | $930,875 | +$78,553 +9.2% up $78,553, 9.2% versus July 2021 | $885,000 | 50.0% | 1.0 |
| Co-op apartment | 0 | no change no change versus July 2021 | $0 | no change no change versus July 2021 | — | — | — |
| Detached condo | 2 | −2 −50.0% down 2, 50.0% versus July 2021 | $875,000 | −$259,750 −22.9% down $259,750, 22.9% versus July 2021 | $875,000 | 100.0% | 1.0 |
| Co-ownership apartment | 0 | no change no change versus July 2021 | $0 | no change no change versus July 2021 | — | 0.0% | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 343.8 | $974,300 | +18.2% up 18.2% |
| Single-family detached | 339.7 | $1,203,000 | +21.4% up 21.4% |
| Single-family attached | 352.9 | $901,800 | +21.2% up 21.2% |
| Townhouse | 345.9 | $731,400 | +15.9% up 15.9% |
| Apartment | 334.7 | $572,300 | +8.8% up 8.8% |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Brampton +5.4% up 5.4%
- Caledon +2.2% up 2.2%
- Mississauga −0.1% down 0.1%
Bottom 5
- Mississauga −0.1% down 0.1%
- Caledon +2.2% up 2.2%
- Brampton +5.4% up 5.4%
Sales, month-over-month
Top 5
- Caledon +2.0% up 2.0%
- Brampton −7.8% down 7.8%
- Mississauga −11.1% down 11.1%
Bottom 5
- Mississauga −11.1% down 11.1%
- Brampton −7.8% down 7.8%
- Caledon +2.0% up 2.0%
Peel Region
Caledon
Caledon, Peel Region
$1,467,322
+$31,256 +2.2% up $31,256, 2.2% versus July 2021
- Sales
- 104
- SP/LP
- 102%
- DOM
- 16
- SNLR
- 78.2%
Brampton
Brampton, Peel Region
$1,060,277
+$54,228 +5.4% up $54,228, 5.4% versus July 2021
- Sales
- 883
- SP/LP
- 104%
- DOM
- 11
- SNLR
- 93.0%
Mississauga
Mississauga, Peel Region
$962,679
−$1,150 −0.1% down $1,150, 0.1% versus July 2021
- Sales
- 818
- SP/LP
- 104%
- DOM
- 15
- SNLR
- 83.4%
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 | 104 | +2 +2.0% up 2, 2.0% versus July 2021 | $152.6M | $1,467,322 | +$31,256 +2.2% up $31,256, 2.2% versus July 2021 | $1,385,000 | 133 | 118 | 102% | 16 | 24 | 78.2% | 1.1 |
| Brampton Brampton, Peel Region | 883 | −75 −7.8% down 75, 7.8% versus July 2021 | $936.2M | $1,060,277 | +$54,228 +5.4% up $54,228, 5.4% versus July 2021 | $975,000 | 950 | 433 | 104% | 11 | 15 | 93.0% | 0.5 |
| Mississauga Mississauga, Peel Region | 818 | −102 −11.1% down 102, 11.1% versus July 2021 | $787.5M | $962,679 | −$1,150 −0.1% down $1,150, 0.1% versus July 2021 | $864,550 | 981 | 734 | 104% | 15 | 21 | 83.4% | 0.9 |