Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,077,628
MoM +$6,148 +0.6% up $6,148, 0.6% versus May 2024 YoY −5.9% down 5.9% versus June 2023
Source: TRREB MarketWatch, June 2024
3 areas
Peel Region
June 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.
$985,000
MoM no change no change versus May 2024 YoY −4.8% down 4.8% versus June 2023
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,051,200
MoM −$4,300 −0.4% down $4,300, 0.4% versus May 2024 YoY −6.0% down 6.0% versus June 2023
Sales — Firm transactions reported through the MLS® System during the month.
1,120
MoM −77 −6.4% down 77, 6.4% versus May 2024 YoY −19.0% down 19.0% versus June 2023
Dollar volume — Total value of all sales in the month.
$1.21B
MoM −$75,618,164 −5.9% down $75,618,164, 5.9% versus May 2024 YoY −23.8% down 23.8% versus June 2023
New listings — Properties newly listed during the month.
3,275
MoM −66 −2.0% down 66, 2.0% versus May 2024 YoY +3.4% up 3.4% versus June 2023
Active listings — Listings available at month end.
4,159
MoM +339 +8.9% up 339, 8.9% versus May 2024 YoY +56.4% up 56.4% versus June 2023
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
21
MoM +2 days +10.5% up 2 days, 10.5% versus May 2024 YoY +61.5% up 61.5% versus June 2023
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
33
MoM +4 days +13.8% up 4 days, 13.8% versus May 2024 YoY +73.7% up 73.7% versus June 2023
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
99%
MoM −1.0 pp −1.0% down 1.0 pp, 1.0% versus May 2024 YoY −2.9% down 2.9% versus June 2023
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
34.2%
MoM −1.6 pp −4.5% down 1.6 pp, 4.5% versus May 2024 YoY −21.7% down 21.7% versus June 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.
3.7
MoM +1 +16.4% up 1, 16.4% versus May 2024 YoY +93.1% up 93.1% versus June 2023
Trend
13 months to June 2024
Average price
| Month | Average price |
|---|---|
| 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 |
| May '24 | 1071480 |
| Jun '24 | 1077628 |
Sales
| Month | Sales |
|---|---|
| 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 |
| May '24 | 1197 |
| Jun '24 | 1120 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,120 | −77 −6.4% down 77, 6.4% versus May 2024 | $1,077,628 | +$6,148 +0.6% up $6,148, 0.6% versus May 2024 | $985,000 | 34.2% | 3.7 |
| Detached | 545 | −31 −5.4% down 31, 5.4% versus May 2024 | $1,360,468 | −$2,005 −0.1% down $2,005, 0.1% versus May 2024 | $1,260,000 | 34.4% | 3.8 |
| Semi-detached | 178 | +23 +14.8% up 23, 14.8% versus May 2024 | $970,847 | −$1,432 −0.1% down $1,432, 0.1% versus May 2024 | $958,500 | 44.6% | 2.1 |
| Att/row/townhouse | 92 | −5 −5.2% down 5, 5.2% versus May 2024 | $891,038 | −$22,997 −2.5% down $22,997, 2.5% versus May 2024 | $886,500 | 31.1% | 3.5 |
| Condo townhouse | 134 | −14 −9.5% down 14, 9.5% versus May 2024 | $777,656 | −$9,368 −1.2% down $9,368, 1.2% versus May 2024 | $771,000 | 34.3% | 3.7 |
| Condo apartment | 167 | −45 −21.2% down 45, 21.2% versus May 2024 | $612,069 | −$18,035 −2.9% down $18,035, 2.9% versus May 2024 | $590,000 | 28.2% | 5.4 |
| Link | 3 | −3 −50.0% down 3, 50.0% versus May 2024 | $1,043,667 | +$17,000 +1.7% up $17,000, 1.7% versus May 2024 | $1,100,000 | 33.3% | 3.0 |
| Detached condo | 1 | −1 −50.0% down 1, 50.0% versus May 2024 | $1,150,000 | +$216,750 +23.2% up $216,750, 23.2% versus May 2024 | $1,150,000 | 25.0% | 5.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 366.8 | $1,051,200 | −6.0% down 6.0% |
| Single-family detached | 374.9 | $1,355,600 | −5.0% down 5.0% |
| Single-family attached | 376.8 | $981,100 | −6.3% down 6.3% |
| Townhouse | 385.4 | $809,700 | −3.7% down 3.7% |
| Apartment | 372.2 | $603,700 | −3.8% down 3.8% |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Caledon +1.3% up 1.3%
- Brampton +0.7% up 0.7%
- Mississauga +0.7% up 0.7%
Bottom 5
- Mississauga +0.7% up 0.7%
- Brampton +0.7% up 0.7%
- Caledon +1.3% up 1.3%
Sales, month-over-month
Top 5
- Caledon +1.3% up 1.3%
- Brampton +1.0% up 1.0%
- Mississauga −13.1% down 13.1%
Bottom 5
- Mississauga −13.1% down 13.1%
- Brampton +1.0% up 1.0%
- Caledon +1.3% up 1.3%
Peel Region
Caledon
Caledon, Peel Region
$1,315,105
+$17,027 +1.3% up $17,027, 1.3% versus May 2024
- Sales
- 79
- SP/LP
- 97%
- DOM
- 26
- SNLR
- 31.0%
Mississauga
Mississauga, Peel Region
$1,103,727
+$7,585 +0.7% up $7,585, 0.7% versus May 2024
- Sales
- 552
- SP/LP
- 99%
- DOM
- 21
- SNLR
- 35.1%
Brampton
Brampton, Peel Region
$1,009,802
+$7,194 +0.7% up $7,194, 0.7% versus May 2024
- Sales
- 489
- SP/LP
- 100%
- DOM
- 21
- SNLR
- 33.8%
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 | 79 | +1 +1.3% up 1, 1.3% versus May 2024 | $103.9M | $1,315,105 | +$17,027 +1.3% up $17,027, 1.3% versus May 2024 | $1,348,888 | 255 | 393 | 97% | 26 | 49 | 31.0% | 5.0 |
| Mississauga Mississauga, Peel Region | 552 | −83 −13.1% down 83, 13.1% versus May 2024 | $609.3M | $1,103,727 | +$7,585 +0.7% up $7,585, 0.7% versus May 2024 | $998,500 | 1,573 | 2,041 | 99% | 21 | 33 | 35.1% | 3.7 |
| Brampton Brampton, Peel Region | 489 | +5 +1.0% up 5, 1.0% versus May 2024 | $493.8M | $1,009,802 | +$7,194 +0.7% up $7,194, 0.7% versus May 2024 | $955,000 | 1,447 | 1,725 | 100% | 21 | 32 | 33.8% | 3.5 |