Market insights · Central Erin Mills

Central Erin Mills market

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Central Erin MillsMarket reportSeptember 2026

Neighbourhood reports count sales by home type but don't publish prices, days on market or sold vs asking for each type. Those figures below are for all homes in Central Erin Mills.

Market at a glance

The latest figures for Central Erin Mills · condo apartment — September 2026.

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In September 2026, 13 homes (condo apartment) sold in Central Erin Mills at a median price of $1,080,000 (all homes), 31.7% higher than in September 2025.

Median sold price: the middle sale of the month, by firm date. Days on market: the average for homes that sold. Sold vs asking: the average sold price as a share of the final asking price. Year-ago comparisons use the same area and home type.

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Seasonal patterns

How a typical year runs in Peel Region, from 2013–2025 sales. A history, not a forecast.

Bars: the average share of a year's sales that happened in each month. Under each month: how its median sold price sat against that year's own trend (the median over 13 years) — partly the season, partly which homes sell then. In a typical year September has 8.2% of the year's sales. Pattern shown for Peel Region.

Property types at a glance

Compare key metrics by home type — September 2026.

Share of homes sold

Distribution of sales by property type — September 2026.

  • Detached52.8%19
  • Condo townhouse11.1%4
  • Condo apartment36.1%13

Completed sales, not homes for sale. Percentages are rounded, so they may not add to exactly 100%.

Market pace

Key indicators of market activity: what's coming on, what's available and how fast it's selling.

New listings13
-51.9% vs. Aug 2026lower
Homes newly listed for sale in Sep 2026.
Active listings46
For sale now
Today’s count, updated through the day.
Sales-to-new-listings ratio100%
+55.6 pts vs. Aug 2026higher
Homes sold in Sep 2026 ÷ homes newly listed in Sep 2026.
Months of inventory—
TRREB doesn’t publish this area
How long the homes for sale would last at the recent pace of sales.

Buy vs rent

Estimated monthly cost to own at Central Erin Mills's median sold price, next to what homes are listed for rent at today.

Own$5,930per month, estimated
Rent…loading rents
Down payment
Mortgage rate
Mortgage payment$5,020
Property tax (estimate)$810
Home insurance (estimate)$100
Total to own$5,930

Assumptions: 20% down, 4.99% for 25 years compounded semi-annually (as Canadian mortgages are), property tax at 0.9% of the price a year, home insurance about $100 a month; no condo fee. Rents are asking rents of whole homes listed for lease today, not signed leases; a bedroom count with fewer than 10 listings isn't shown. An estimate to compare the market, not advice for your situation.

Compare areas

See how different regions performed in September 2026: median sold price and change from a year earlier.

Every area uses the same measure: median sold price of all homes, by firm date, for September 2026. Pictures are illustrations.

Compare any areas

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Days on market

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Sold vs asking

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Benchmark price (TRREB HPI)

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Homes for sale now

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Each area's newest finished month, all homes, by firm date; the benchmark is TRREB's latest; homes for sale are today's count. A figure with too few sales to publish says so.

Central Erin Mills at a glance

How the market leans here, and who has been buying.

Buyer's marketAll home types · 85 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.

$419kmedian $775k$1.9M

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 2026-10-31.

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.

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

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

⌂ Detached homesAVG SOLD PRICE
2-Storey Detached
19 sales · 20d to sell
$1,510,000
AVG SOLD
▤ Semis, links, townhomes & condosAVG SOLD PRICE
Condo Apt
13 sales · 43d to sell
$490,000
AVG SOLD
Condo town · 3-storey
2 sales · too few to publish a price
—
INDICATIVE
Stacked condo town
1 sale · too few to publish a price
—
INDICATIVE
Condo town · 2-storey
1 sale · too few to publish a price
—
INDICATIVE

Average sold price within each tier. Detached split by style; townhomes by freehold or condo and 2- or 3-storey; semis and links counted separately. Tiers with fewer than 3 sales are marked indicative. Ask us for a precise read on any segment.

Detached homes sold — by size

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

SIZE (SQ FT)MEDIAN SOLDHOMES SOLD$ / SQ FT
Under 1,000$510,00013$630
1,000 - 1,499—2—
1,500 - 1,999$1,050,0005$600
2,000 - 2,499$1,330,0005$590
2,500 - 2,999$1,340,0007$485
3,500+—4—

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

Recent sold homes — September 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
4.58%
▲ 0.09 pt
Aug 2025Aug 2026
Bank of Canada · uninsured, funds advanced
Inflation — CPI
3.10%
▲ 0.10 pt
Sep 2025Sep 2026
Bank of Canada / StatCan · year-over-year

Monthly market data

Homes sold, median price, days on market and sold vs asking in Central Erin Mills · condo apartment, for the last 36 months.

Show the table
MonthHomes soldMedian price (all homes)Days on marketSold vs asking
Oct 2026 (so far)8$740,000——
Sep 202613$1,080,000——
Aug 202612$790,000——
Jul 202613$770,000——
Jun 202616$780,000——
May 202612$780,000——
Apr 202614$780,000——
Mar 202613$690,000——
Feb 20266$790,000——
Jan 20265$650,000——
Dec 20252$780,000——
Nov 20256$800,000——
Oct 202516$780,000——
Sep 202515$820,000——
Aug 20258$1,010,000——
Jul 20259$980,000——
Jun 202512$840,000——
May 202512$850,000——
Apr 202512$740,000——
Mar 20256$890,000——
Feb 20254$880,000——
Jan 20257$870,000——
Dec 20245$880,000——
Nov 20249$850,000——
Oct 202414$830,000——
Sep 20246$900,000——
Aug 20248$890,000——
Jul 202412$890,000——
Jun 202412$830,000——
May 202412$950,000——
Apr 202415$900,000——
Mar 202410$890,000——
Feb 20249$890,000——
Jan 20245$1,160,000——
Dec 20236$860,000——
Nov 20233$920,000——

By firm date. A dash: too few sales that month to publish the figure.

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