Source: TRREB MarketWatch, February 2022

3 areas

Peel Region

February 2022

Headline indicators

All home types

Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.

$1,317,192

MoM +$25,237 +2.0% YoY +28.7%

Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.

$1,260,000

MoM +$55,000 +4.6% YoY +34.8%

MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.

$1,279,000

MoM +$82,500 +6.9% YoY +40.7%

Sales — Firm transactions reported through the MLS® System during the month.

1,874

MoM +708 +60.7% YoY −17.4%

Dollar volume — Total value of all sales in the month.

$2.47B

MoM +$961,999,021 +63.9% YoY +6.2%

New listings — Properties newly listed during the month.

2,903

MoM +1,320 +83.4% YoY −11.6%

Active listings — Listings available at month end.

1,180

MoM +570 +93.4% YoY −23.6%

Avg. LDOM — Average days on market for the current listing. Not reported before 2020.

MoM −3 days −33.3% YoY −40.0%

Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.

MoM −3 days −27.3% YoY −42.9%

Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.

115%

MoM +2.0 pp +1.8% YoY +8.5%

SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.

64.5%

MoM −9.1 pp −12.4% YoY −6.6%

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.

0.6

MoM +0 +20.4% YoY −7.4%

Trend

13 months to February 2022

Average price

Peel Region average selling price over the 13 months ending February 2022.
Month	Average price
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
Feb '22	1317192

Sales

Peel Region sales over the 13 months ending February 2022.
Month	Sales
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
Feb '22	1874

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,874	+708 +60.7% up 708, 60.7% versus January 2022	$1,317,192	+$25,237 +2.0% up $25,237, 2.0% versus January 2022	$1,260,000	64.5%	0.6
Detached	791	+301 +61.4% up 301, 61.4% versus January 2022	$1,752,303	−$26,596 −1.5% down $26,596, 1.5% versus January 2022	$1,650,000	59.6%	0.7
Semi-detached	265	+90 +51.4% up 90, 51.4% versus January 2022	$1,282,408	+$40,503 +3.3% up $40,503, 3.3% versus January 2022	$1,300,000	56.9%	0.7
Att/row/townhouse	174	+81 +87.1% up 81, 87.1% versus January 2022	$1,197,219	+$55,135 +4.8% up $55,135, 4.8% versus January 2022	$1,200,000	60.8%	0.6
Condo townhouse	242	+104 +75.4% up 104, 75.4% versus January 2022	$978,834	+$72,153 +8.0% up $72,153, 8.0% versus January 2022	$969,000	70.3%	0.5
Condo apartment	394	+126 +47.0% up 126, 47.0% versus January 2022	$728,678	+$41,851 +6.1% up $41,851, 6.1% versus January 2022	$705,000	85.3%	0.4
Link	4	+4 up 4 versus January 2022	$1,280,500	+$1,280,500 up $1,280,500 versus January 2022	$1,317,500	50.0%	0.3
Co-op apartment	0	−1 −100.0% down 1, 100.0% versus January 2022	$0	−$650,000 −100.0% down $650,000, 100.0% versus January 2022	—	0.0%	—
Detached condo	4	+3 +300.0% up 3, 300.0% versus January 2022	$1,273,375	−$96,625 −7.1% down $96,625, 7.1% versus January 2022	$1,317,500	40.0%	1.0
Co-ownership apartment	0	no change no change versus January 2022	$0	no change no change versus January 2022	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	451.3	$1,279,000	+40.7% up 40.7%
Single-family detached	455.8	$1,614,200	+42.9% up 42.9%
Single-family attached	475.7	$1,215,600	+43.2% up 43.2%
Townhouse	422	$892,300	+33.6% up 33.6%
Apartment	418.7	$716,000	+35.3% up 35.3%

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Mississauga +6.2% up 6.2%
Caledon −1.0% down 1.0%
Brampton −1.5% down 1.5%

Bottom 5

Brampton −1.5% down 1.5%
Caledon −1.0% down 1.0%
Mississauga +6.2% up 6.2%

Sales, month-over-month

Top 5

Caledon +117.0% up 117.0%
Mississauga +65.5% up 65.5%
Brampton +52.2% up 52.2%

Bottom 5

Brampton +52.2% up 52.2%
Mississauga +65.5% up 65.5%
Caledon +117.0% up 117.0%

Peel Region

Caledon

Caledon, Peel Region

$1,824,495

−$17,522 −1.0% down $17,522, 1.0% versus January 2022

Sales: 102
SP/LP: 110%
DOM: 9
SNLR: 56.0%

Full history →

Brampton

Brampton, Peel Region

$1,346,275

−$21,169 −1.5% down $21,169, 1.5% versus January 2022

Sales: 918
SP/LP: 116%
DOM: 5
SNLR: 61.3%

Full history →

Mississauga

Mississauga, Peel Region

$1,225,339

+$71,704 +6.2% up $71,704, 6.2% versus January 2022

Sales: 854
SP/LP: 116%
DOM: 7
SNLR: 69.8%

Full history →

All Peel Region areas

Home type

3 areas

Area	Sales	MoM	$ volume	Average	MoM	Median	New	Active	SP/LP	LDOM	PDOM	SNLR	MOI
Caledon Caledon, Peel Region	102	+55 +117.0% up 55, 117.0% versus January 2022	$186.1M	$1,824,495	−$17,522 −1.0% down $17,522, 1.0% versus January 2022	$1,645,000	182	99	110%	9	11	56.0%	1.0
Brampton Brampton, Peel Region	918	+315 +52.2% up 315, 52.2% versus January 2022	$1.24B	$1,346,275	−$21,169 −1.5% down $21,169, 1.5% versus January 2022	$1,315,000	1,498	565	116%	5	6	61.3%	0.6
Mississauga Mississauga, Peel Region	854	+338 +65.5% up 338, 65.5% versus January 2022	$1.05B	$1,225,339	+$71,704 +6.2% up $71,704, 6.2% versus January 2022	$1,049,500	1,223	516	116%	7	9	69.8%	0.6