Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,291,955
MoM +$102,531 +8.6% up $102,531, 8.6% versus December 2021 YoY +35.7% up 35.7% versus January 2021
Source: TRREB MarketWatch, January 2022
3 areas
Peel Region
January 2022
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$1,205,000
MoM +$105,000 +9.5% up $105,000, 9.5% versus December 2021 YoY +37.7% up 37.7% versus January 2021
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,196,500
MoM +$66,600 +5.9% up $66,600, 5.9% versus December 2021 YoY +38.1% up 38.1% versus January 2021
Sales — Firm transactions reported through the MLS® System during the month.
1,166
MoM −70 −5.7% down 70, 5.7% versus December 2021 YoY −19.8% down 19.8% versus January 2021
Dollar volume — Total value of all sales in the month.
$1.51B
MoM +$36,291,247 +2.5% up $36,291,247, 2.5% versus December 2021 YoY +8.9% up 8.9% versus January 2021
New listings — Properties newly listed during the month.
1,583
MoM +464 +41.5% up 464, 41.5% versus December 2021 YoY −17.4% down 17.4% versus January 2021
Active listings — Listings available at month end.
610
MoM +229 +60.1% up 229, 60.1% versus December 2021 YoY −44.1% down 44.1% versus January 2021
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
9
MoM −1 day −10.0% down 1 day, 10.0% versus December 2021 YoY −43.8% down 43.8% versus January 2021
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
11
MoM −1 day −8.3% down 1 day, 8.3% versus December 2021 YoY −50.0% down 50.0% versus January 2021
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
113%
MoM +3.0 pp +2.7% up 3.0 pp, 2.7% versus December 2021 YoY +8.7% up 8.7% versus January 2021
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
73.7%
MoM −36.8 pp −33.3% down 36.8 pp, 33.3% versus December 2021 YoY −2.8% down 2.8% versus January 2021
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.
0.5
MoM +0 +69.7% up 0, 69.7% versus December 2021 YoY −30.3% down 30.3% versus January 2021
Trend
13 months to January 2022
Average price
| Month | Average price |
|---|---|
| Jan '21 | 952183 |
| Feb '21 | 1023552 |
| Mar '21 | 1061015 |
| Apr '21 | 1035341 |
| May '21 | 1055907 |
| Jun '21 | 1041440 |
| Jul '21 | 1008584 |
| Aug '21 | 1039500 |
| Sep '21 | 1087321 |
| Oct '21 | 1065595 |
| Nov '21 | 1114138 |
| Dec '21 | 1189424 |
| Jan '22 | 1291955 |
Sales
| Month | Sales |
|---|---|
| Jan '21 | 1453 |
| Feb '21 | 2270 |
| Mar '21 | 3185 |
| Apr '21 | 2733 |
| May '21 | 2379 |
| Jun '21 | 2281 |
| Jul '21 | 1980 |
| Aug '21 | 1805 |
| Sep '21 | 1829 |
| Oct '21 | 1920 |
| Nov '21 | 1716 |
| Dec '21 | 1236 |
| Jan '22 | 1166 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,166 | −70 −5.7% down 70, 5.7% versus December 2021 | $1,291,955 | +$102,531 +8.6% up $102,531, 8.6% versus December 2021 | $1,205,000 | 73.7% | 0.5 |
| Detached | 490 | −44 −8.2% down 44, 8.2% versus December 2021 | $1,778,899 | +$177,434 +11.1% up $177,434, 11.1% versus December 2021 | $1,635,500 | 69.0% | 0.7 |
| Semi-detached | 175 | −19 −9.8% down 19, 9.8% versus December 2021 | $1,241,905 | +$118,442 +10.5% up $118,442, 10.5% versus December 2021 | $1,256,000 | 72.9% | 0.4 |
| Att/row/townhouse | 93 | −7 −7.0% down 7, 7.0% versus December 2021 | $1,142,084 | +$106,620 +10.3% up $106,620, 10.3% versus December 2021 | $1,152,500 | 79.5% | 0.4 |
| Condo townhouse | 138 | −12 −8.0% down 12, 8.0% versus December 2021 | $906,681 | +$75,044 +9.0% up $75,044, 9.0% versus December 2021 | $915,550 | 77.5% | 0.4 |
| Condo apartment | 268 | +15 +5.9% up 15, 5.9% versus December 2021 | $686,827 | +$40,294 +6.2% up $40,294, 6.2% versus December 2021 | $658,500 | 79.8% | 0.5 |
| Link | 0 | −3 −100.0% down 3, 100.0% versus December 2021 | $0 | −$1,049,997 −100.0% down $1,049,997, 100.0% versus December 2021 | — | — | — |
| Co-op apartment | 1 | no change no change versus December 2021 | $650,000 | −$154,000 −19.2% down $154,000, 19.2% versus December 2021 | $650,000 | 100.0% | 1.0 |
| Detached condo | 1 | no change no change versus December 2021 | $1,370,000 | +$195,000 +16.6% up $195,000, 16.6% versus December 2021 | $1,370,000 | 100.0% | 0.0 |
| Co-ownership apartment | 0 | no change no change versus December 2021 | $0 | no change no change versus December 2021 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 422.2 | $1,196,500 | +38.1% up 38.1% |
| Single-family detached | 425.6 | $1,507,200 | +41.3% up 41.3% |
| Single-family attached | 443.2 | $1,132,500 | +41.1% up 41.1% |
| Townhouse | 402 | $850,000 | +32.1% up 32.1% |
| Apartment | 389.6 | $666,200 | +29.0% up 29.0% |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Brampton +12.3% up 12.3%
- Caledon +7.4% up 7.4%
- Mississauga +5.6% up 5.6%
Bottom 5
- Mississauga +5.6% up 5.6%
- Caledon +7.4% up 7.4%
- Brampton +12.3% up 12.3%
Sales, month-over-month
Top 5
- Mississauga −4.3% down 4.3%
- Brampton −4.6% down 4.6%
- Caledon −27.7% down 27.7%
Bottom 5
- Caledon −27.7% down 27.7%
- Brampton −4.6% down 4.6%
- Mississauga −4.3% down 4.3%
Peel Region
Caledon
Caledon, Peel Region
$1,842,017
+$127,674 +7.4% up $127,674, 7.4% versus December 2021
- Sales
- 47
- SP/LP
- 106%
- DOM
- 17
- SNLR
- 62.7%
Brampton
Brampton, Peel Region
$1,367,444
+$149,625 +12.3% up $149,625, 12.3% versus December 2021
- Sales
- 603
- SP/LP
- 115%
- DOM
- 6
- SNLR
- 72.5%
Mississauga
Mississauga, Peel Region
$1,153,635
+$60,808 +5.6% up $60,808, 5.6% versus December 2021
- Sales
- 516
- SP/LP
- 112%
- DOM
- 11
- SNLR
- 76.3%
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 | 47 | −18 −27.7% down 18, 27.7% versus December 2021 | $86.6M | $1,842,017 | +$127,674 +7.4% up $127,674, 7.4% versus December 2021 | $1,715,000 | 75 | 58 | 106% | 17 | 22 | 62.7% | 1.2 |
| Brampton Brampton, Peel Region | 603 | −29 −4.6% down 29, 4.6% versus December 2021 | $824.6M | $1,367,444 | +$149,625 +12.3% up $149,625, 12.3% versus December 2021 | $1,308,000 | 832 | 255 | 115% | 6 | 8 | 72.5% | 0.4 |
| Mississauga Mississauga, Peel Region | 516 | −23 −4.3% down 23, 4.3% versus December 2021 | $595.3M | $1,153,635 | +$60,808 +5.6% up $60,808, 5.6% versus December 2021 | $950,000 | 676 | 297 | 112% | 11 | 14 | 76.3% | 0.6 |