Peel looked a lot like the GTA as a whole in October: fewer sales than a year ago, prices still lower, and buyers taking their time. Within the region, Brampton is moving faster than Mississauga, and Caledon is the slowest.
TRREB reported 1,017 sales in Peel in October at an average of $898,431 and a median of $831,000. Homes sold for 97 per cent of asking in 33 days on average. By our own count, 961 Peel homes went firm this October against 1,071 a year earlier, a drop of about 10 per cent.
Peel's composite benchmark was $858,800, down 4.6 per cent on the year and about 17 per cent below three years ago. Detached homes are down 5.2 per cent, semis and freehold towns 3.8 per cent, condo townhouses 6.5 per cent and condo apartments 9.0 per cent.
City by city
Right-hand figure is the October MLS® HPI composite benchmark. Sales, median price, average days on market, months of inventory (TRREB's trend measure) and average sale-to-list ratio are from TRREB's October 2026 Market Watch.
| City | Detached | Semi / freehold town | Condo town | Condo apt |
|---|---|---|---|---|
| Brampton | $969,800 · −5.4% | $756,000 · −4.4% | $580,600 · −7.2% | $398,400 · −9.9% |
| Mississauga | $1,235,100 · −4.3% | $868,300 · −3.3% | $674,900 · −6.7% | $481,300 · −8.9% |
| Caledon | $1,154,500 · −8.1% | $794,300 · −4.9% | $795,400 · −5.5% | $591,400 · −5.4% |
MLS® HPI benchmark price, October 2026, and change from October 2025. "Semi / freehold town" is TRREB's attached single-family benchmark, which covers semis and freehold row houses. "Condo town" is TRREB's townhouse benchmark, which covers condominium townhouses.
Brampton sold fastest and closest to asking, at 98 per cent in 30 days. Its composite benchmark is about 19 per cent below three years ago, and its condo apartments 26 per cent. Mississauga has held its value best this year (−3.9%). Caledon has the most supply in Peel (6.5 months) and the biggest drop in detached prices, 8.1 per cent.
Why so many listings didn't sell
By our own count, about 1,790 Peel listings ended in October without a sale, and so far just under six in ten have been relisted.
What it means for you
If you're buying, Peel's prices are well below where they were three years ago, especially in Brampton and Caledon. Caledon detached homes have fallen the most over the past year, and sellers there are waiting longer.
If you're selling in Brampton, well-priced homes still sell in about a month at close to asking. In Mississauga and Caledon, expect to wait longer and to price to the most recent sales.
If you're an investor, Peel condo apartments are down 9 per cent on the year, and Brampton's about 10 per cent. Check rents against today's prices, not last year's.
Sales, prices, days on market, sale-to-list ratios, months of inventory and the share of new listings that sold are from TRREB's October 2026 Market Watch (released 4 November 2026). The October 2025 sales comparison and the count of listings that ended without a sale were produced by The Renavu Team from TRREB MLS® data; they are not official statistics of, or endorsed by, TRREB or PropTx, and are deemed reliable but not guaranteed. Benchmark prices are from the TRREB/Altus MLS® Home Price Index, October 2026. This article is general market information, not financial, mortgage or investment advice.
