Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,106,046
MoM +$43,875 +4.1% up $43,875, 4.1% versus March 2024 YoY +0.3% up 0.3% versus April 2023
Source: TRREB MarketWatch, April 2024
3 areas
Peel Region
April 2024
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$995,000
MoM +$18,000 +1.8% up $18,000, 1.8% versus March 2024 YoY −3.9% down 3.9% versus April 2023
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,062,000
MoM +$10,700 +1.0% up $10,700, 1.0% versus March 2024 YoY −1.8% down 1.8% versus April 2023
Sales — Firm transactions reported through the MLS® System during the month.
1,221
MoM +60 +5.2% up 60, 5.2% versus March 2024 YoY −11.8% down 11.8% versus April 2023
Dollar volume — Total value of all sales in the month.
$1.35B
MoM +$117,301,947 +9.5% up $117,301,947, 9.5% versus March 2024 YoY −11.5% down 11.5% versus April 2023
New listings — Properties newly listed during the month.
3,045
MoM +639 +26.6% up 639, 26.6% versus March 2024 YoY +46.8% up 46.8% versus April 2023
Active listings — Listings available at month end.
3,175
MoM +1,062 +50.3% up 1,062, 50.3% versus March 2024 YoY +86.9% up 86.9% versus April 2023
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
20
MoM +1 day +5.3% up 1 day, 5.3% versus March 2024 YoY +33.3% up 33.3% versus April 2023
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
29
MoM +1 day +3.6% up 1 day, 3.6% versus March 2024 YoY +31.8% up 31.8% versus April 2023
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
100%
MoM no change no change versus March 2024 YoY −2.0% down 2.0% versus April 2023
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
40.1%
MoM −8.2 pp −16.9% down 8.2 pp, 16.9% versus March 2024 YoY −39.9% down 39.9% versus April 2023
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 +1 +42.9% up 1, 42.9% versus March 2024 YoY +111.8% up 111.8% versus April 2023
Trend
13 months to April 2024
Average price
| Month | Average price |
|---|---|
| Apr '23 | 1102352 |
| May '23 | 1142062 |
| Jun '23 | 1145515 |
| Jul '23 | 1079553 |
| Aug '23 | 1050925 |
| Sep '23 | 1049968 |
| Oct '23 | 1080216 |
| Nov '23 | 1031654 |
| Dec '23 | 1020187 |
| Jan '24 | 1024926 |
| Feb '24 | 1037245 |
| Mar '24 | 1062171 |
| Apr '24 | 1106046 |
Sales
| Month | Sales |
|---|---|
| Apr '23 | 1384 |
| May '23 | 1683 |
| Jun '23 | 1383 |
| Jul '23 | 893 |
| Aug '23 | 974 |
| Sep '23 | 808 |
| Oct '23 | 807 |
| Nov '23 | 728 |
| Dec '23 | 619 |
| Jan '24 | 829 |
| Feb '24 | 995 |
| Mar '24 | 1161 |
| Apr '24 | 1221 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,221 | +60 +5.2% up 60, 5.2% versus March 2024 | $1,106,046 | +$43,875 +4.1% up $43,875, 4.1% versus March 2024 | $995,000 | 40.1% | 2.6 |
| Detached | 566 | +63 +12.5% up 63, 12.5% versus March 2024 | $1,437,883 | +$61,689 +4.5% up $61,689, 4.5% versus March 2024 | $1,291,000 | 36.2% | 2.9 |
| Semi-detached | 194 | +19 +10.9% up 19, 10.9% versus March 2024 | $1,003,466 | +$1,729 +0.2% up $1,729, 0.2% versus March 2024 | $999,000 | 55.6% | 1.3 |
| Att/row/townhouse | 94 | −18 −16.1% down 18, 16.1% versus March 2024 | $935,489 | −$1,062 −0.1% down $1,062, 0.1% versus March 2024 | $913,500 | 38.8% | 2.5 |
| Condo townhouse | 145 | −17 −10.5% down 17, 10.5% versus March 2024 | $786,538 | −$26,538 −3.3% down $26,538, 3.3% versus March 2024 | $785,000 | 45.7% | 2.3 |
| Condo apartment | 215 | +10 +4.9% up 10, 4.9% versus March 2024 | $612,442 | +$2,491 +0.4% up $2,491, 0.4% versus March 2024 | $585,000 | 38.6% | 3.3 |
| Link | 5 | +3 +150.0% up 3, 150.0% versus March 2024 | $1,031,800 | −$18,200 −1.7% down $18,200, 1.7% versus March 2024 | $963,000 | 62.5% | 0.8 |
| Detached condo | 2 | no change no change versus March 2024 | $1,575,000 | +$625,500 +65.9% up $625,500, 65.9% versus March 2024 | $1,575,000 | 25.0% | 5.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 370.3 | $1,062,000 | −1.8% down 1.8% |
| Single-family detached | 374.9 | $1,373,500 | −0.9% down 0.9% |
| Single-family attached | 383.3 | $1,003,600 | −1.6% down 1.6% |
| Townhouse | 385.9 | $812,400 | −0.1% down 0.1% |
| Apartment | 370.6 | $606,000 | −1.1% down 1.1% |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Mississauga +6.6% up 6.6%
- Caledon +5.3% up 5.3%
- Brampton −0.2% down 0.2%
Bottom 5
- Brampton −0.2% down 0.2%
- Caledon +5.3% up 5.3%
- Mississauga +6.6% up 6.6%
Sales, month-over-month
Top 5
- Caledon +27.1% up 27.1%
- Mississauga +5.9% up 5.9%
- Brampton +1.4% up 1.4%
Bottom 5
- Brampton +1.4% up 1.4%
- Mississauga +5.9% up 5.9%
- Caledon +27.1% up 27.1%
Peel Region
Caledon
Caledon, Peel Region
$1,429,358
+$71,658 +5.3% up $71,658, 5.3% versus March 2024
- Sales
- 89
- SP/LP
- 96%
- DOM
- 30
- SNLR
- 38.4%
Mississauga
Mississauga, Peel Region
$1,126,060
+$69,760 +6.6% up $69,760, 6.6% versus March 2024
- Sales
- 615
- SP/LP
- 100%
- DOM
- 20
- SNLR
- 42.7%
Brampton
Brampton, Peel Region
$1,026,582
−$1,715 −0.2% down $1,715, 0.2% versus March 2024
- Sales
- 517
- SP/LP
- 100%
- DOM
- 18
- SNLR
- 37.6%
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 | 89 | +19 +27.1% up 19, 27.1% versus March 2024 | $127.2M | $1,429,358 | +$71,658 +5.3% up $71,658, 5.3% versus March 2024 | $1,231,000 | 232 | 329 | 96% | 30 | 45 | 38.4% | 3.7 |
| Mississauga Mississauga, Peel Region | 615 | +34 +5.9% up 34, 5.9% versus March 2024 | $692.5M | $1,126,060 | +$69,760 +6.6% up $69,760, 6.6% versus March 2024 | $980,000 | 1,440 | 1,498 | 100% | 20 | 27 | 42.7% | 2.4 |
| Brampton Brampton, Peel Region | 517 | +7 +1.4% up 7, 1.4% versus March 2024 | $530.7M | $1,026,582 | −$1,715 −0.2% down $1,715, 0.2% versus March 2024 | $985,000 | 1,373 | 1,348 | 100% | 18 | 28 | 37.6% | 2.6 |