Peel · Market Report

Central Erin Mills market

How homes are selling in Central Erin Mills. Latest: August 2026.

Updated with August 2026 sold data
Buyer's marketAll home types · 91 sales over 3 months
Buyer'sBalancedSeller's

Homes in Central Erin Mills are taking around 36 days to sell, and going for about 97.7% of asking. There is usually room to negotiate.

What homes sell for here300+ sales · 12 months

Every sale in Central Erin Mills, grouped by price. Two peaks mean two markets sharing one median.

$425kmedian $782k$1.8M

Bars span the middle 90% of sales. The cheapest and dearest 5% are folded into the end bars, so one unusual sale cannot stretch the scale. Sales to 2026-09-15.

What homes rent for hereLeases · 12 months

Median monthly rent in Central Erin Mills, by bedroom count.

1 bed100+$2,150-2.3% yr
2 bed200+$2,625-0.9% yr
3 bed +200+$3,100-3.1% yr

Bedroom counts with fewer than 20 leases are not shown. Year-over-year appears only where the prior year also cleared that bar. Leases to 2026-09-15.

Bought & rented out500+ sales · Central Erin Mills

Homes sold here, then listed for lease within 120 days.

6.5%of all sales
By home type
Condo Apartment11.5%

For scale: 0% of these homes had a lease listed in the 120 days before they sold — a lease that the sale cannot explain. The gap between the two is the signal.

Counts investors and owners who kept the home as a rental; the two cannot be told apart from listing data. Sales to 2026-08-30.

The Central Erin Mills market, at a glance

Sold prices, pace, and neighbourhood detail — pick any month we've reported.

$790,000
MEDIAN SOLD PRICE
2.6% vs prior month
11
HOMES SOLD
41
AVG DAYS ON MARKET
97.7%
SOLD-TO-LIST
COMMUNITIES
August
REPORT MONTH

What sold in Central Erin Mills, by home type — August 2026

Every style of home, averaged honestly — so you can see exactly where your home fits.

Detached homesAVG SOLD PRICE
2-Storey Detached
4 sales · too few to publish a price
INDICATIVE
Townhomes, condos & semisAVG SOLD PRICE
Condo Apt
4 sales · too few to publish a price
INDICATIVE
Condo Townhouse
3 sales · too few to publish a price
INDICATIVE

Average sold price within each tier. Detached split by style & garage. Tiers with fewer than 3 sales are marked indicative. Ask us for a precise read on any segment.

Sold-to-asking by home type

Above 100% means homes traded over ask — a read on where competition is hottest.

Detached homes sold — by size

Median price and price-per-square-foot for detached homes across size bands in August 2026. Smaller homes cost more per foot; larger homes cost more overall.

SIZE (SQ FT)MEDIAN SOLDHOMES SOLD$ / SQ FT
Under 1,0004
1,500 - 1,9993
2,500 - 2,9991
3,000 - 3,4991
3,500+2

Bands with only a handful of sales are directional. Ask us for the fuller multi-month trend.

Recent sold homes — August 2026

Individual sold listings across Central Erin Mills — free once you create an account.

AddressCommunityTypeBed / BathListSoldSold on
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What moves Central Erin Mills prices

Two forces sit behind almost every price move: the cost of borrowing and the pace of inflation. When rates fall and inflation cools, buying power rises and prices tend to firm; when they climb, the market cools.

5-year fixed mortgage rate
4.35%
0.05 pt
Jun 2025Jun 2026
Bank of Canada · uninsured, funds advanced
Inflation — CPI
3.00%
0.20 pt
Jul 2025Jul 2026
Bank of Canada / StatCan · year-over-year
Know Before You Go

Buying & selling in Central Erin Mills, made clear

Plain-English guides that turn the numbers above into decisions.

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