Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,042,887
MoM −$34,206 −3.2% down $34,206, 3.2% versus October 2024 YoY +1.1% up 1.1% versus November 2023
Source: TRREB MarketWatch, November 2024
3 areas
Peel Region
November 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.
$953,500
MoM −$10,250 −1.1% down $10,250, 1.1% versus October 2024 YoY +0.4% up 0.4% versus November 2023
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,014,500
MoM +$3,700 +0.4% up $3,700, 0.4% versus October 2024 YoY −1.4% down 1.4% versus November 2023
Sales — Firm transactions reported through the MLS® System during the month.
964
MoM −198 −17.0% down 198, 17.0% versus October 2024 YoY +32.4% up 32.4% versus November 2023
Dollar volume — Total value of all sales in the month.
$1.01B
MoM −$246,239,131 −19.7% down $246,239,131, 19.7% versus October 2024 YoY +33.9% up 33.9% versus November 2023
New listings — Properties newly listed during the month.
2,226
MoM −486 −17.9% down 486, 17.9% versus October 2024 YoY +19.0% up 19.0% versus November 2023
Active listings — Listings available at month end.
3,965
MoM −312 −7.3% down 312, 7.3% versus October 2024 YoY +32.1% up 32.1% versus November 2023
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
30
MoM +3 days +11.1% up 3 days, 11.1% versus October 2024 YoY +15.4% up 15.4% versus November 2023
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
50
MoM +4 days +8.7% up 4 days, 8.7% versus October 2024 YoY +19.0% up 19.0% versus November 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 October 2024 YoY +1.0% up 1.0% versus November 2023
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
43.3%
MoM +0.5 pp +1.1% up 0.5 pp, 1.1% versus October 2024 YoY +11.2% up 11.2% versus November 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.
4.1
MoM +0 +11.7% up 0, 11.7% versus October 2024 YoY −0.2% down 0.2% versus November 2023
Trend
13 months to November 2024
Average price
| Month | Average price |
|---|---|
| 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 |
| Oct '24 | 1077093 |
| Nov '24 | 1042887 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Oct '24 | 1162 |
| Nov '24 | 964 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 964 | −198 −17.0% down 198, 17.0% versus October 2024 | $1,042,887 | −$34,206 −3.2% down $34,206, 3.2% versus October 2024 | $953,500 | 43.3% | 4.1 |
| Detached | 463 | −107 −18.8% down 107, 18.8% versus October 2024 | $1,326,002 | −$53,952 −3.9% down $53,952, 3.9% versus October 2024 | $1,225,000 | 46.2% | 4.0 |
| Semi-detached | 137 | −25 −15.4% down 25, 15.4% versus October 2024 | $948,074 | +$474 +0.1% up $474, 0.1% versus October 2024 | $940,000 | 53.9% | 2.5 |
| Att/row/townhouse | 83 | −26 −23.9% down 26, 23.9% versus October 2024 | $858,926 | −$37,325 −4.2% down $37,325, 4.2% versus October 2024 | $850,000 | 37.9% | 3.8 |
| Condo townhouse | 124 | −9 −6.8% down 9, 6.8% versus October 2024 | $763,283 | +$5,252 +0.7% up $5,252, 0.7% versus October 2024 | $750,000 | 47.0% | 3.8 |
| Condo apartment | 150 | −32 −17.6% down 32, 17.6% versus October 2024 | $598,345 | +$18,057 +3.1% up $18,057, 3.1% versus October 2024 | $571,500 | 31.3% | 6.5 |
| Link | 3 | +2 +200.0% up 2, 200.0% versus October 2024 | $897,667 | +$162,667 +22.1% up $162,667, 22.1% versus October 2024 | $893,000 | 100.0% | 2.0 |
| Co-op apartment | 2 | n/a not available, prior month not on file versus October 2024 | $567,500 | n/a not available, prior month not on file versus October 2024 | $567,500 | 100.0% | 1.5 |
| Detached condo | 2 | −3 −60.0% down 3, 60.0% versus October 2024 | $1,000,000 | −$328,000 −24.7% down $328,000, 24.7% versus October 2024 | $1,000,000 | 100.0% | 4.5 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 354 | $1,014,500 | −1.4% down 1.4% |
| Single-family detached | 361.1 | $1,305,900 | −0.5% down 0.5% |
| Single-family attached | 362.7 | $944,400 | −1.2% down 1.2% |
| Townhouse | 366.1 | $769,100 | −3.8% down 3.8% |
| Apartment | 356 | $577,400 | −4.4% down 4.4% |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Caledon +7.3% up 7.3%
- Brampton −0.3% down 0.3%
- Mississauga −8.1% down 8.1%
Bottom 5
- Mississauga −8.1% down 8.1%
- Brampton −0.3% down 0.3%
- Caledon +7.3% up 7.3%
Sales, month-over-month
Top 5
- Brampton −11.2% down 11.2%
- Caledon −11.5% down 11.5%
- Mississauga −22.9% down 22.9%
Bottom 5
- Mississauga −22.9% down 22.9%
- Caledon −11.5% down 11.5%
- Brampton −11.2% down 11.2%
Peel Region
Caledon
Caledon, Peel Region
$1,474,593
+$100,878 +7.3% up $100,878, 7.3% versus October 2024
- Sales
- 77
- SP/LP
- 96%
- DOM
- 38
- SNLR
- 47.5%
Brampton
Brampton, Peel Region
$1,016,260
−$3,385 −0.3% down $3,385, 0.3% versus October 2024
- Sales
- 442
- SP/LP
- 98%
- DOM
- 29
- SNLR
- 44.1%
Mississauga
Mississauga, Peel Region
$994,634
−$87,317 −8.1% down $87,317, 8.1% versus October 2024
- Sales
- 445
- SP/LP
- 99%
- DOM
- 30
- SNLR
- 41.9%
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 | 77 | −10 −11.5% down 10, 11.5% versus October 2024 | $113.5M | $1,474,593 | +$100,878 +7.3% up $100,878, 7.3% versus October 2024 | $1,257,500 | 162 | 347 | 96% | 38 | 57 | 47.5% | 4.5 |
| Brampton Brampton, Peel Region | 442 | −56 −11.2% down 56, 11.2% versus October 2024 | $449.2M | $1,016,260 | −$3,385 −0.3% down $3,385, 0.3% versus October 2024 | $958,000 | 1,003 | 1,637 | 98% | 29 | 51 | 44.1% | 3.7 |
| Mississauga Mississauga, Peel Region | 445 | −132 −22.9% down 132, 22.9% versus October 2024 | $442.6M | $994,634 | −$87,317 −8.1% down $87,317, 8.1% versus October 2024 | $910,000 | 1,061 | 1,981 | 99% | 30 | 48 | 41.9% | 4.5 |