Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,062,984
MoM −$3,989 −0.4% down $3,989, 0.4% versus July 2022 YoY +2.3% up 2.3% versus August 2021
Source: TRREB MarketWatch, August 2022
3 areas
Peel Region
August 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.
$970,000
MoM +$10,000 +1.0% up $10,000, 1.0% versus July 2022 YoY +2.1% up 2.1% versus August 2021
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,090,300
MoM −$39,000 −3.5% down $39,000, 3.5% versus July 2022 YoY +10.7% up 10.7% versus August 2021
Sales — Firm transactions reported through the MLS® System during the month.
1,058
MoM +172 +19.4% up 172, 19.4% versus July 2022 YoY −41.4% down 41.4% versus August 2021
Dollar volume — Total value of all sales in the month.
$1.12B
MoM +$179,299,121 +19.0% up $179,299,121, 19.0% versus July 2022 YoY −40.1% down 40.1% versus August 2021
New listings — Properties newly listed during the month.
2,117
MoM −326 −13.3% down 326, 13.3% versus July 2022 YoY +2.6% up 2.6% versus August 2021
Active listings — Listings available at month end.
2,646
MoM −389 −12.8% down 389, 12.8% versus July 2022 YoY +105.9% up 105.9% versus August 2021
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
22
MoM +4 days +22.2% up 4 days, 22.2% versus July 2022 YoY +69.2% up 69.2% versus August 2021
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
35
MoM +5 days +16.7% up 5 days, 16.7% versus July 2022 YoY +94.4% up 94.4% versus August 2021
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
97%
MoM no change no change versus July 2022 YoY −6.7% down 6.7% versus August 2021
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
50.0%
MoM +13.7 pp +37.8% up 13.7 pp, 37.8% versus July 2022 YoY −42.9% down 42.9% versus August 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.
2.5
MoM −1 −27.0% down 1, 27.0% versus July 2022 YoY +251.3% up 251.3% versus August 2021
Trend
13 months to August 2022
Average price
| Month | Average price |
|---|---|
| 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 |
| Jul '22 | 1066973 |
| Aug '22 | 1062984 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Jul '22 | 886 |
| Aug '22 | 1058 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,058 | +172 +19.4% up 172, 19.4% versus July 2022 | $1,062,984 | −$3,989 −0.4% down $3,989, 0.4% versus July 2022 | $970,000 | 50.0% | 2.5 |
| Detached | 494 | +102 +26.0% up 102, 26.0% versus July 2022 | $1,343,930 | −$52,832 −3.8% down $52,832, 3.8% versus July 2022 | $1,235,000 | 48.5% | 2.7 |
| Semi-detached | 181 | +28 +18.3% up 28, 18.3% versus July 2022 | $955,655 | −$5,933 −0.6% down $5,933, 0.6% versus July 2022 | $950,000 | 69.9% | 1.4 |
| Att/row/townhouse | 103 | +26 +33.8% up 26, 33.8% versus July 2022 | $916,356 | −$2,093 −0.2% down $2,093, 0.2% versus July 2022 | $892,000 | 60.2% | 1.5 |
| Condo townhouse | 124 | +16 +14.8% up 16, 14.8% versus July 2022 | $789,298 | +$22,768 +3.0% up $22,768, 3.0% versus July 2022 | $782,500 | 47.0% | 2.6 |
| Condo apartment | 152 | −2 −1.3% down 2, 1.3% versus July 2022 | $603,288 | −$13,588 −2.2% down $13,588, 2.2% versus July 2022 | $585,000 | 38.3% | 3.9 |
| Link | 3 | +2 +200.0% up 2, 200.0% versus July 2022 | $944,997 | −$160,003 −14.5% down $160,003, 14.5% versus July 2022 | $999,990 | 75.0% | 1.7 |
| Detached condo | 1 | no change no change versus July 2022 | $970,000 | −$105,000 −9.8% down $105,000, 9.8% versus July 2022 | $970,000 | 33.3% | 5.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 419.7 | $1,090,300 | +10.7% up 10.7% |
| Single-family detached | 378.4 | $1,385,500 | +9.6% up 9.6% |
| Single-family attached | 374.8 | $1,000,000 | +8.7% up 8.7% |
| Townhouse | 394.3 | $833,900 | +13.2% up 13.2% |
| Apartment | 382.7 | $655,500 | +19.4% up 19.4% |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Mississauga +0.8% up 0.8%
- Brampton −0.9% down 0.9%
- Caledon −9.4% down 9.4%
Bottom 5
- Caledon −9.4% down 9.4%
- Brampton −0.9% down 0.9%
- Mississauga +0.8% up 0.8%
Sales, month-over-month
Top 5
- Caledon +57.5% up 57.5%
- Brampton +25.1% up 25.1%
- Mississauga +10.7% up 10.7%
Bottom 5
- Mississauga +10.7% up 10.7%
- Brampton +25.1% up 25.1%
- Caledon +57.5% up 57.5%
Peel Region
Caledon
Caledon, Peel Region
$1,311,508
−$135,627 −9.4% down $135,627, 9.4% versus July 2022
- Sales
- 63
- SP/LP
- 95%
- DOM
- 26
- SNLR
- 36.2%
Mississauga
Mississauga, Peel Region
$1,077,092
+$8,288 +0.8% up $8,288, 0.8% versus July 2022
- Sales
- 487
- SP/LP
- 97%
- DOM
- 23
- SNLR
- 46.5%
Brampton
Brampton, Peel Region
$1,018,639
−$8,896 −0.9% down $8,896, 0.9% versus July 2022
- Sales
- 508
- SP/LP
- 97%
- DOM
- 21
- SNLR
- 56.7%
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 | 63 | +23 +57.5% up 23, 57.5% versus July 2022 | $82.6M | $1,311,508 | −$135,627 −9.4% down $135,627, 9.4% versus July 2022 | $1,040,000 | 174 | 260 | 95% | 26 | 40 | 36.2% | 4.1 |
| Mississauga Mississauga, Peel Region | 487 | +47 +10.7% up 47, 10.7% versus July 2022 | $524.5M | $1,077,092 | +$8,288 +0.8% up $8,288, 0.8% versus July 2022 | $975,000 | 1,047 | 1,349 | 97% | 23 | 34 | 46.5% | 2.8 |
| Brampton Brampton, Peel Region | 508 | +102 +25.1% up 102, 25.1% versus July 2022 | $517.5M | $1,018,639 | −$8,896 −0.9% down $8,896, 0.9% versus July 2022 | $959,000 | 896 | 1,037 | 97% | 21 | 35 | 56.7% | 2.0 |