Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$982,456
MoM −$60,431 −5.8% down $60,431, 5.8% versus November 2024 YoY −3.7% down 3.7% versus December 2023
Source: TRREB MarketWatch, December 2024
3 areas
Peel Region
December 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.
$930,000
MoM −$23,500 −2.5% down $23,500, 2.5% versus November 2024 YoY +3.3% up 3.3% versus December 2023
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,014,800
MoM +$300 +0.0% up $300, 0.0% versus November 2024 YoY +0.5% up 0.5% versus December 2023
Sales — Firm transactions reported through the MLS® System during the month.
598
MoM −366 −38.0% down 366, 38.0% versus November 2024 YoY −3.4% down 3.4% versus December 2023
Dollar volume — Total value of all sales in the month.
$587.5M
MoM −$417,833,763 −41.6% down $417,833,763, 41.6% versus November 2024 YoY −7.0% down 7.0% versus December 2023
New listings — Properties newly listed during the month.
995
MoM −1,231 −55.3% down 1,231, 55.3% versus November 2024 YoY +27.2% up 27.2% versus December 2023
Active listings — Listings available at month end.
2,931
MoM −1,034 −26.1% down 1,034, 26.1% versus November 2024 YoY +52.1% up 52.1% versus December 2023
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
33
MoM +3 days +10.0% up 3 days, 10.0% versus November 2024 YoY +3.1% up 3.1% versus December 2023
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
55
MoM +5 days +10.0% up 5 days, 10.0% versus November 2024 YoY +12.2% up 12.2% versus December 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 November 2024 YoY +1.0% up 1.0% versus December 2023
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
60.1%
MoM +16.8 pp +38.8% up 16.8 pp, 38.8% versus November 2024 YoY −24.1% down 24.1% versus December 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.
4.9
MoM +1 +19.2% up 1, 19.2% versus November 2024 YoY +57.4% up 57.4% versus December 2023
Trend
13 months to December 2024
Average price
| Month | Average price |
|---|---|
| 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 |
| Dec '24 | 982456 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Dec '24 | 598 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 598 | −366 −38.0% down 366, 38.0% versus November 2024 | $982,456 | −$60,431 −5.8% down $60,431, 5.8% versus November 2024 | $930,000 | 60.1% | 4.9 |
| Detached | 260 | −203 −43.8% down 203, 43.8% versus November 2024 | $1,240,941 | −$85,061 −6.4% down $85,061, 6.4% versus November 2024 | $1,155,000 | 63.3% | 5.0 |
| Semi-detached | 88 | −49 −35.8% down 49, 35.8% versus November 2024 | $969,534 | +$21,460 +2.3% up $21,460, 2.3% versus November 2024 | $960,000 | 63.8% | 3.1 |
| Att/row/townhouse | 68 | −15 −18.1% down 15, 18.1% versus November 2024 | $883,258 | +$24,332 +2.8% up $24,332, 2.8% versus November 2024 | $866,000 | 59.6% | 3.5 |
| Condo townhouse | 76 | −48 −38.7% down 48, 38.7% versus November 2024 | $755,985 | −$7,298 −1.0% down $7,298, 1.0% versus November 2024 | $735,000 | 69.7% | 4.4 |
| Condo apartment | 104 | −46 −30.7% down 46, 30.7% versus November 2024 | $577,509 | −$20,836 −3.5% down $20,836, 3.5% versus November 2024 | $546,500 | 47.3% | 7.5 |
| Link | 2 | −1 −33.3% down 1, 33.3% versus November 2024 | $984,000 | +$86,333 +9.6% up $86,333, 9.6% versus November 2024 | $984,000 | 200.0% | 1.5 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 354.1 | $1,014,800 | +0.5% up 0.5% |
| Single-family detached | 361.9 | $1,308,500 | +1.6% up 1.6% |
| Single-family attached | 363.1 | $945,400 | +0.7% up 0.7% |
| Townhouse | 366.2 | $769,400 | −2.3% down 2.3% |
| Apartment | 351.1 | $569,500 | −3.4% down 3.4% |
Movers within Peel Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Mississauga −1.7% down 1.7%
- Brampton −6.7% down 6.7%
- Caledon −16.4% down 16.4%
Bottom 5
- Caledon −16.4% down 16.4%
- Brampton −6.7% down 6.7%
- Mississauga −1.7% down 1.7%
Sales, month-over-month
Top 5
- Mississauga −35.3% down 35.3%
- Brampton −39.4% down 39.4%
- Caledon −45.5% down 45.5%
Bottom 5
- Caledon −45.5% down 45.5%
- Brampton −39.4% down 39.4%
- Mississauga −35.3% down 35.3%
Peel Region
Caledon
Caledon, Peel Region
$1,232,940
−$241,653 −16.4% down $241,653, 16.4% versus November 2024
- Sales
- 42
- SP/LP
- 97%
- DOM
- 32
- SNLR
- 60.9%
Mississauga
Mississauga, Peel Region
$977,833
−$16,801 −1.7% down $16,801, 1.7% versus November 2024
- Sales
- 288
- SP/LP
- 97%
- DOM
- 38
- SNLR
- 68.4%
Brampton
Brampton, Peel Region
$948,170
−$68,090 −6.7% down $68,090, 6.7% versus November 2024
- Sales
- 268
- SP/LP
- 99%
- DOM
- 29
- SNLR
- 53.1%
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 | 42 | −35 −45.5% down 35, 45.5% versus November 2024 | $51.8M | $1,232,940 | −$241,653 −16.4% down $241,653, 16.4% versus November 2024 | $1,152,495 | 69 | 256 | 97% | 32 | 56 | 60.9% | 6.1 |
| Mississauga Mississauga, Peel Region | 288 | −157 −35.3% down 157, 35.3% versus November 2024 | $281.6M | $977,833 | −$16,801 −1.7% down $16,801, 1.7% versus November 2024 | $916,250 | 421 | 1,425 | 97% | 38 | 57 | 68.4% | 5.0 |
| Brampton Brampton, Peel Region | 268 | −174 −39.4% down 174, 39.4% versus November 2024 | $254.1M | $948,170 | −$68,090 −6.7% down $68,090, 6.7% versus November 2024 | $920,500 | 505 | 1,250 | 99% | 29 | 52 | 53.1% | 4.7 |