Source: TRREB MarketWatch, January 2025

3 areas

Peel Region

January 2025

Headline indicators

All home types

Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.

$1,034,120

MoM +$51,664 +5.3% up $51,664, 5.3% versus December 2024 YoY +0.9% up 0.9% versus January 2024

Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.

$930,000

MoM no change no change versus December 2024 YoY −1.1% down 1.1% versus January 2024

MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.

$1,021,400

MoM +$6,600 +0.7% up $6,600, 0.7% versus December 2024 YoY +0.3% up 0.3% versus January 2024

Sales — Firm transactions reported through the MLS® System during the month.

749

MoM +151 +25.3% up 151, 25.3% versus December 2024 YoY −9.7% down 9.7% versus January 2024

Dollar volume — Total value of all sales in the month.

$774.6M

MoM +$187,046,964 +31.8% up $187,046,964, 31.8% versus December 2024 YoY −8.8% down 8.8% versus January 2024

New listings — Properties newly listed during the month.

2,409

MoM +1,414 +142.1% up 1,414, 142.1% versus December 2024 YoY +68.9% up 68.9% versus January 2024

Active listings — Listings available at month end.

3,212

MoM +281 +9.6% up 281, 9.6% versus December 2024 YoY +85.2% up 85.2% versus January 2024

Avg. LDOM — Average days on market for the current listing. Not reported before 2020.

37

MoM +4 days +12.1% up 4 days, 12.1% versus December 2024 YoY +8.8% up 8.8% versus January 2024

Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.

54

MoM −1 day −1.8% down 1 day, 1.8% versus December 2024 YoY −1.8% down 1.8% versus January 2024

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 December 2024 YoY no change no change versus January 2024

SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.

31.1%

MoM −29.0 pp −48.3% down 29.0 pp, 48.3% versus December 2024 YoY −46.5% down 46.5% versus January 2024

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.

4.3

MoM −1 −12.5% down 1, 12.5% versus December 2024 YoY +105.0% up 105.0% versus January 2024

Trend

13 months to January 2025

Average price

Peel Region average selling price over the 13 months ending January 2025.
Month Average price
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
Jan '25 1034120

Sales

Peel Region sales over the 13 months ending January 2025.
Month Sales
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
Jan '25 749

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 749 +151 +25.3% up 151, 25.3% versus December 2024 $1,034,120 +$51,664 +5.3% up $51,664, 5.3% versus December 2024 $930,000 31.1% 4.3
Detached 325 +65 +25.0% up 65, 25.0% versus December 2024 $1,352,892 +$111,951 +9.0% up $111,951, 9.0% versus December 2024 $1,220,000 30.4% 4.4
Semi-detached 105 +17 +19.3% up 17, 19.3% versus December 2024 $979,234 +$9,700 +1.0% up $9,700, 1.0% versus December 2024 $976,500 42.2% 2.7
Att/row/townhouse 94 +26 +38.2% up 26, 38.2% versus December 2024 $896,458 +$13,200 +1.5% up $13,200, 1.5% versus December 2024 $885,000 37.6% 2.9
Condo townhouse 84 +8 +10.5% up 8, 10.5% versus December 2024 $760,767 +$4,782 +0.6% up $4,782, 0.6% versus December 2024 $740,000 32.6% 4.5
Condo apartment 136 +32 +30.8% up 32, 30.8% versus December 2024 $579,448 +$1,939 +0.3% up $1,939, 0.3% versus December 2024 $546,000 23.8% 6.3
Link 3 +1 +50.0% up 1, 50.0% versus December 2024 $856,667 −$127,333 −12.9% down $127,333, 12.9% versus December 2024 $850,000 37.5% 1.3
Detached condo 2 n/a not available, prior month not on file versus December 2024 $1,250,000 n/a not available, prior month not on file versus December 2024 $1,250,000 66.7% 3.5

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 356.4 $1,021,400 +0.3% up 0.3%
Single-family detached 363.7 $1,315,000 +1.2% up 1.2%
Single-family attached 365.1 $950,600 −0.1% down 0.1%
Townhouse 368.7 $774,700 −1.1% down 1.1%
Apartment 353.1 $572,800 −2.5% down 2.5%

Movers within Peel Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Mississauga +7.1% up 7.1%
  2. Caledon +5.6% up 5.6%
  3. Brampton +3.9% up 3.9%

Bottom 5

  1. Brampton +3.9% up 3.9%
  2. Caledon +5.6% up 5.6%
  3. Mississauga +7.1% up 7.1%

Sales, month-over-month

Top 5

  1. Brampton +32.5% up 32.5%
  2. Mississauga +20.1% up 20.1%
  3. Caledon +14.3% up 14.3%

Bottom 5

  1. Caledon +14.3% up 14.3%
  2. Mississauga +20.1% up 20.1%
  3. Brampton +32.5% up 32.5%

Peel Region

Caledon

Caledon, Peel Region

$1,302,004

+$69,064 +5.6% up $69,064, 5.6% versus December 2024

Sales
48
SP/LP
94%
DOM
47
SNLR
26.5%

Full history →

Mississauga

Mississauga, Peel Region

$1,047,025

+$69,192 +7.1% up $69,192, 7.1% versus December 2024

Sales
346
SP/LP
97%
DOM
41
SNLR
31.7%

Full history →

Brampton

Brampton, Peel Region

$985,321

+$37,151 +3.9% up $37,151, 3.9% versus December 2024

Sales
355
SP/LP
99%
DOM
31
SNLR
31.2%

Full history →

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 48 +6 +14.3% up 6, 14.3% versus December 2024 $62.5M $1,302,004 +$69,064 +5.6% up $69,064, 5.6% versus December 2024 $1,097,500 181 285 94% 47 61 26.5% 5.9
Mississauga Mississauga, Peel Region 346 +58 +20.1% up 58, 20.1% versus December 2024 $362.3M $1,047,025 +$69,192 +7.1% up $69,192, 7.1% versus December 2024 $912,850 1,090 1,534 97% 41 59 31.7% 4.4
Brampton Brampton, Peel Region 355 +87 +32.5% up 87, 32.5% versus December 2024 $349.8M $985,321 +$37,151 +3.9% up $37,151, 3.9% versus December 2024 $926,000 1,138 1,393 99% 31 48 31.2% 3.9