Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,065,043
MoM −$12,585 −1.2% down $12,585, 1.2% versus June 2024 YoY −1.3% down 1.3% versus July 2023
Source: TRREB MarketWatch, July 2024
3 areas
Peel Region
July 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.
$959,000
MoM −$26,000 −2.6% down $26,000, 2.6% versus June 2024 YoY −3.6% down 3.6% versus July 2023
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,036,700
MoM −$14,500 −1.4% down $14,500, 1.4% versus June 2024 YoY −6.4% down 6.4% versus July 2023
Sales — Firm transactions reported through the MLS® System during the month.
938
MoM −182 −16.3% down 182, 16.3% versus June 2024 YoY +5.0% up 5.0% versus July 2023
Dollar volume — Total value of all sales in the month.
$999.0M
MoM −$207,933,176 −17.2% down $207,933,176, 17.2% versus June 2024 YoY +3.6% up 3.6% versus July 2023
New listings — Properties newly listed during the month.
3,114
MoM −161 −4.9% down 161, 4.9% versus June 2024 YoY +12.4% up 12.4% versus July 2023
Active listings — Listings available at month end.
4,371
MoM +212 +5.1% up 212, 5.1% versus June 2024 YoY +43.4% up 43.4% versus July 2023
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
24
MoM +3 days +14.3% up 3 days, 14.3% versus June 2024 YoY +41.2% up 41.2% versus July 2023
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
37
MoM +4 days +12.1% up 4 days, 12.1% versus June 2024 YoY +54.2% up 54.2% versus July 2023
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
96%
MoM −3.0 pp −3.0% down 3.0 pp, 3.0% versus June 2024 YoY −4.0% down 4.0% versus July 2023
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
30.1%
MoM −4.1 pp −11.9% down 4.1 pp, 11.9% versus June 2024 YoY −6.5% down 6.5% versus July 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.
4.7
MoM +1 +25.5% up 1, 25.5% versus June 2024 YoY +36.5% up 36.5% versus July 2023
Trend
13 months to July 2024
Average price
| Month | Average price |
|---|---|
| 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 |
| Jul '24 | 1065043 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Jul '24 | 938 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 938 | −182 −16.3% down 182, 16.3% versus June 2024 | $1,065,043 | −$12,585 −1.2% down $12,585, 1.2% versus June 2024 | $959,000 | 30.1% | 4.7 |
| Detached | 420 | −125 −22.9% down 125, 22.9% versus June 2024 | $1,397,915 | +$37,447 +2.8% up $37,447, 2.8% versus June 2024 | $1,250,000 | 28.4% | 5.0 |
| Semi-detached | 144 | −34 −19.1% down 34, 19.1% versus June 2024 | $960,055 | −$10,792 −1.1% down $10,792, 1.1% versus June 2024 | $960,000 | 38.2% | 2.9 |
| Att/row/townhouse | 80 | −12 −13.0% down 12, 13.0% versus June 2024 | $908,232 | +$17,194 +1.9% up $17,194, 1.9% versus June 2024 | $874,500 | 27.6% | 4.6 |
| Condo townhouse | 117 | −17 −12.7% down 17, 12.7% versus June 2024 | $777,518 | −$138 −0.0% down $138, 0.0% versus June 2024 | $757,000 | 29.9% | 4.5 |
| Condo apartment | 175 | +8 +4.8% up 8, 4.8% versus June 2024 | $615,458 | +$3,389 +0.6% up $3,389, 0.6% versus June 2024 | $575,000 | 31.3% | 5.3 |
| Link | 1 | −2 −66.7% down 2, 66.7% versus June 2024 | $1,150,000 | +$106,333 +10.2% up $106,333, 10.2% versus June 2024 | $1,150,000 | 14.3% | 11.0 |
| Detached condo | 1 | no change no change versus June 2024 | $1,155,000 | +$5,000 +0.4% up $5,000, 0.4% versus June 2024 | $1,155,000 | 11.1% | 11.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 361.7 | $1,036,700 | −6.4% down 6.4% |
| Single-family detached | 369.7 | $1,336,800 | −5.5% down 5.5% |
| Single-family attached | 370.9 | $965,700 | −6.4% down 6.4% |
| Townhouse | 380.6 | $799,700 | −4.9% down 4.9% |
| Apartment | 368.2 | $597,200 | −4.7% down 4.7% |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Caledon +16.3% up 16.3%
- Brampton +0.0% up 0.0%
- Mississauga −5.5% down 5.5%
Bottom 5
- Mississauga −5.5% down 5.5%
- Brampton +0.0% up 0.0%
- Caledon +16.3% up 16.3%
Sales, month-over-month
Top 5
- Caledon −12.7% down 12.7%
- Mississauga −13.2% down 13.2%
- Brampton −20.2% down 20.2%
Bottom 5
- Brampton −20.2% down 20.2%
- Mississauga −13.2% down 13.2%
- Caledon −12.7% down 12.7%
Peel Region
Caledon
Caledon, Peel Region
$1,529,855
+$214,750 +16.3% up $214,750, 16.3% versus June 2024
- Sales
- 69
- SP/LP
- 82%
- DOM
- 31
- SNLR
- 30.7%
Mississauga
Mississauga, Peel Region
$1,042,868
−$60,859 −5.5% down $60,859, 5.5% versus June 2024
- Sales
- 479
- SP/LP
- 98%
- DOM
- 24
- SNLR
- 32.4%
Brampton
Brampton, Peel Region
$1,010,044
+$242 +0.0% up $242, 0.0% versus June 2024
- Sales
- 390
- SP/LP
- 99%
- DOM
- 21
- SNLR
- 27.6%
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 | 69 | −10 −12.7% down 10, 12.7% versus June 2024 | $105.6M | $1,529,855 | +$214,750 +16.3% up $214,750, 16.3% versus June 2024 | $1,250,000 | 225 | 405 | 82% | 31 | 49 | 30.7% | 5.9 |
| Mississauga Mississauga, Peel Region | 479 | −73 −13.2% down 73, 13.2% versus June 2024 | $499.5M | $1,042,868 | −$60,859 −5.5% down $60,859, 5.5% versus June 2024 | $910,000 | 1,478 | 2,121 | 98% | 24 | 36 | 32.4% | 4.4 |
| Brampton Brampton, Peel Region | 390 | −99 −20.2% down 99, 20.2% versus June 2024 | $393.9M | $1,010,044 | +$242 +0.0% up $242, 0.0% versus June 2024 | $965,000 | 1,411 | 1,845 | 99% | 21 | 38 | 27.6% | 4.7 |