Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,101,178
MoM −$79,705 −6.7% down $79,705, 6.7% versus May 2022 YoY +5.7% up 5.7% versus June 2021
Source: TRREB MarketWatch, June 2022
3 areas
Peel Region
June 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.
$999,000
MoM −$59,300 −5.6% down $59,300, 5.6% versus May 2022 YoY +7.4% up 7.4% versus June 2021
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,180,300
MoM −$60,600 −4.9% down $60,600, 4.9% versus May 2022 YoY +21.9% up 21.9% versus June 2021
Sales — Firm transactions reported through the MLS® System during the month.
1,172
MoM −205 −14.9% down 205, 14.9% versus May 2022 YoY −48.6% down 48.6% versus June 2021
Dollar volume — Total value of all sales in the month.
$1.29B
MoM −$335,495,984 −20.6% down $335,495,984, 20.6% versus May 2022 YoY −45.7% down 45.7% versus June 2021
New listings — Properties newly listed during the month.
3,278
MoM −398 −10.8% down 398, 10.8% versus May 2022 YoY +1.6% up 1.6% versus June 2021
Active listings — Listings available at month end.
3,086
MoM +134 +4.5% up 134, 4.5% versus May 2022 YoY +61.2% up 61.2% versus June 2021
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
16
MoM +4 days +33.3% up 4 days, 33.3% versus May 2022 YoY +33.3% up 33.3% versus June 2021
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
25
MoM +6 days +31.6% up 6 days, 31.6% versus May 2022 YoY +56.3% up 56.3% versus June 2021
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
99%
MoM −3.0 pp −2.9% down 3.0 pp, 2.9% versus May 2022 YoY −3.9% down 3.9% versus June 2021
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
35.8%
MoM −1.7 pp −4.6% down 1.7 pp, 4.6% versus May 2022 YoY −49.4% down 49.4% versus June 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.
2.6
MoM +0 +22.8% up 0, 22.8% versus May 2022 YoY +213.8% up 213.8% versus June 2021
Trend
13 months to June 2022
Average price
| Month | Average price |
|---|---|
| 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 |
| Mar '22 | 1269242 |
| Apr '22 | 1242343 |
| May '22 | 1180883 |
| Jun '22 | 1101178 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Mar '22 | 2107 |
| Apr '22 | 1535 |
| May '22 | 1377 |
| Jun '22 | 1172 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,172 | −205 −14.9% down 205, 14.9% versus May 2022 | $1,101,178 | −$79,705 −6.7% down $79,705, 6.7% versus May 2022 | $999,000 | 35.8% | 2.6 |
| Detached | 523 | −109 −17.2% down 109, 17.2% versus May 2022 | $1,424,811 | −$99,757 −6.5% down $99,757, 6.5% versus May 2022 | $1,305,000 | 33.7% | 2.9 |
| Semi-detached | 182 | −42 −18.8% down 42, 18.8% versus May 2022 | $1,018,318 | −$55,686 −5.2% down $55,686, 5.2% versus May 2022 | $999,900 | 41.6% | 2.0 |
| Att/row/townhouse | 108 | −25 −18.8% down 25, 18.8% versus May 2022 | $951,258 | −$43,711 −4.4% down $43,711, 4.4% versus May 2022 | $950,000 | 43.5% | 1.8 |
| Condo townhouse | 151 | −9 −5.6% down 9, 5.6% versus May 2022 | $795,682 | −$50,540 −6.0% down $50,540, 6.0% versus May 2022 | $790,000 | 35.8% | 2.5 |
| Condo apartment | 203 | −18 −8.1% down 18, 8.1% versus May 2022 | $649,799 | −$11,438 −1.7% down $11,438, 1.7% versus May 2022 | $630,000 | 33.4% | 3.1 |
| Link | 5 | +2 +66.7% up 2, 66.7% versus May 2022 | $1,055,500 | −$33,833 −3.1% down $33,833, 3.1% versus May 2022 | $1,087,500 | 62.5% | 1.2 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 454.3 | $1,180,300 | +21.9% up 21.9% |
| Single-family detached | 410 | $1,500,900 | +20.9% up 20.9% |
| Single-family attached | 408.4 | $1,089,500 | +21.0% up 21.0% |
| Townhouse | 427.8 | $904,800 | +24.2% up 24.2% |
| Apartment | 406.9 | $697,100 | +28.2% up 28.2% |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Mississauga −4.8% down 4.8%
- Brampton −7.2% down 7.2%
- Caledon −13.1% down 13.1%
Bottom 5
- Caledon −13.1% down 13.1%
- Brampton −7.2% down 7.2%
- Mississauga −4.8% down 4.8%
Sales, month-over-month
Top 5
- Mississauga −5.4% down 5.4%
- Brampton −22.7% down 22.7%
- Caledon −24.7% down 24.7%
Bottom 5
- Caledon −24.7% down 24.7%
- Brampton −22.7% down 22.7%
- Mississauga −5.4% down 5.4%
Peel Region
Caledon
Caledon, Peel Region
$1,514,260
−$228,879 −13.1% down $228,879, 13.1% versus May 2022
- Sales
- 58
- SP/LP
- 96%
- DOM
- 19
- SNLR
- 29.1%
Mississauga
Mississauga, Peel Region
$1,093,743
−$55,041 −4.8% down $55,041, 4.8% versus May 2022
- Sales
- 596
- SP/LP
- 99%
- DOM
- 16
- SNLR
- 37.0%
Brampton
Brampton, Peel Region
$1,063,479
−$82,970 −7.2% down $82,970, 7.2% versus May 2022
- Sales
- 518
- SP/LP
- 99%
- DOM
- 15
- SNLR
- 35.3%
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 | 58 | −19 −24.7% down 19, 24.7% versus May 2022 | $87.8M | $1,514,260 | −$228,879 −13.1% down $228,879, 13.1% versus May 2022 | $1,342,500 | 199 | 257 | 96% | 19 | 31 | 29.1% | 4.4 |
| Mississauga Mississauga, Peel Region | 596 | −34 −5.4% down 34, 5.4% versus May 2022 | $651.9M | $1,093,743 | −$55,041 −4.8% down $55,041, 4.8% versus May 2022 | $977,250 | 1,612 | 1,526 | 99% | 16 | 24 | 37.0% | 2.6 |
| Brampton Brampton, Peel Region | 518 | −152 −22.7% down 152, 22.7% versus May 2022 | $550.9M | $1,063,479 | −$82,970 −7.2% down $82,970, 7.2% versus May 2022 | $999,000 | 1,467 | 1,303 | 99% | 15 | 25 | 35.3% | 2.5 |