Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,058,346
MoM +$29,132 +2.8% up $29,132, 2.8% versus August 2024 YoY +0.8% up 0.8% versus September 2023
Source: TRREB MarketWatch, September 2024
3 areas
Peel Region
September 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.
$988,000
MoM +$43,000 +4.6% up $43,000, 4.6% versus August 2024 YoY +1.0% up 1.0% versus September 2023
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,015,500
MoM −$13,200 −1.3% down $13,200, 1.3% versus August 2024 YoY −5.4% down 5.4% versus September 2023
Sales — Firm transactions reported through the MLS® System during the month.
907
MoM −27 −2.9% down 27, 2.9% versus August 2024 YoY +12.3% up 12.3% versus September 2023
Dollar volume — Total value of all sales in the month.
$959.9M
MoM −$1,365,655 −0.1% down $1,365,655, 0.1% versus August 2024 YoY +13.1% up 13.1% versus September 2023
New listings — Properties newly listed during the month.
3,150
MoM +556 +21.4% up 556, 21.4% versus August 2024 YoY +7.2% up 7.2% versus September 2023
Active listings — Listings available at month end.
4,548
MoM +312 +7.4% up 312, 7.4% versus August 2024 YoY +27.9% up 27.9% versus September 2023
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
26
MoM −1 day −3.7% down 1 day, 3.7% versus August 2024 YoY +23.8% up 23.8% versus September 2023
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
45
MoM +2 days +4.7% up 2 days, 4.7% versus August 2024 YoY +36.4% up 36.4% versus September 2023
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
98%
MoM no change no change versus August 2024 YoY −1.0% down 1.0% versus September 2023
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
28.8%
MoM −7.2 pp −20.0% down 7.2 pp, 20.0% versus August 2024 YoY +4.7% up 4.7% versus September 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.
5.0
MoM +0 +10.6% up 0, 10.6% versus August 2024 YoY +13.9% up 13.9% versus September 2023
Trend
13 months to September 2024
Average price
| Month | Average price |
|---|---|
| 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 |
| Aug '24 | 1029214 |
| Sep '24 | 1058346 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Aug '24 | 934 |
| Sep '24 | 907 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 907 | −27 −2.9% down 27, 2.9% versus August 2024 | $1,058,346 | +$29,132 +2.8% up $29,132, 2.8% versus August 2024 | $988,000 | 28.8% | 5.0 |
| Detached | 445 | +34 +8.3% up 34, 8.3% versus August 2024 | $1,317,472 | −$14,051 −1.1% down $14,051, 1.1% versus August 2024 | $1,235,000 | 28.0% | 5.1 |
| Semi-detached | 134 | −30 −18.3% down 30, 18.3% versus August 2024 | $960,118 | +$17,179 +1.8% up $17,179, 1.8% versus August 2024 | $960,000 | 42.4% | 3.0 |
| Att/row/townhouse | 84 | −6 −6.7% down 6, 6.7% versus August 2024 | $912,887 | +$14,303 +1.6% up $14,303, 1.6% versus August 2024 | $875,000 | 28.1% | 4.5 |
| Condo townhouse | 106 | −8 −7.0% down 8, 7.0% versus August 2024 | $755,759 | +$12,761 +1.7% up $12,761, 1.7% versus August 2024 | $740,000 | 30.3% | 5.0 |
| Condo apartment | 127 | −25 −16.4% down 25, 16.4% versus August 2024 | $604,676 | +$3,879 +0.6% up $3,879, 0.6% versus August 2024 | $555,000 | 22.2% | 7.6 |
| Link | 6 | +3 +100.0% up 3, 100.0% versus August 2024 | $999,083 | +$168,383 +20.3% up $168,383, 20.3% versus August 2024 | $992,250 | 60.0% | 1.3 |
| Co-op apartment | 1 | n/a not available, prior month not on file versus August 2024 | $380,000 | n/a not available, prior month not on file versus August 2024 | $380,000 | — | 1.0 |
| Detached condo | 4 | n/a not available, prior month not on file versus August 2024 | $1,257,000 | n/a not available, prior month not on file versus August 2024 | $1,154,500 | 28.6% | 4.3 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 354.3 | $1,015,500 | −5.4% down 5.4% |
| Single-family detached | 361.8 | $1,308,200 | −4.5% down 4.5% |
| Single-family attached | 364.8 | $949,900 | −4.8% down 4.8% |
| Townhouse | 372 | $781,600 | −6.2% down 6.2% |
| Apartment | 357.5 | $579,900 | −5.7% down 5.7% |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Brampton +5.1% up 5.1%
- Caledon +4.2% up 4.2%
- Mississauga +0.4% up 0.4%
Bottom 5
- Mississauga +0.4% up 0.4%
- Caledon +4.2% up 4.2%
- Brampton +5.1% up 5.1%
Sales, month-over-month
Top 5
- Caledon +6.9% up 6.9%
- Mississauga −2.8% down 2.8%
- Brampton −4.4% down 4.4%
Bottom 5
- Brampton −4.4% down 4.4%
- Mississauga −2.8% down 2.8%
- Caledon +6.9% up 6.9%
Peel Region
Caledon
Caledon, Peel Region
$1,273,708
+$51,889 +4.2% up $51,889, 4.2% versus August 2024
- Sales
- 62
- SP/LP
- 98%
- DOM
- 32
- SNLR
- 28.1%
Mississauga
Mississauga, Peel Region
$1,048,914
+$4,371 +0.4% up $4,371, 0.4% versus August 2024
- Sales
- 453
- SP/LP
- 98%
- DOM
- 27
- SNLR
- 29.9%
Brampton
Brampton, Peel Region
$1,035,184
+$50,640 +5.1% up $50,640, 5.1% versus August 2024
- Sales
- 392
- SP/LP
- 99%
- DOM
- 24
- SNLR
- 27.7%
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 | 62 | +4 +6.9% up 4, 6.9% versus August 2024 | $79.0M | $1,273,708 | +$51,889 +4.2% up $51,889, 4.2% versus August 2024 | $1,221,500 | 221 | 402 | 98% | 32 | 60 | 28.1% | 6.5 |
| Mississauga Mississauga, Peel Region | 453 | −13 −2.8% down 13, 2.8% versus August 2024 | $475.2M | $1,048,914 | +$4,371 +0.4% up $4,371, 0.4% versus August 2024 | $970,000 | 1,514 | 2,199 | 98% | 27 | 42 | 29.9% | 4.8 |
| Brampton Brampton, Peel Region | 392 | −18 −4.4% down 18, 4.4% versus August 2024 | $405.8M | $1,035,184 | +$50,640 +5.1% up $50,640, 5.1% versus August 2024 | $989,000 | 1,415 | 1,947 | 99% | 24 | 46 | 27.7% | 5.0 |