According to the latest data from the Toronto Regional Real Estate Board (TRREB), the average home price in Peel Region reached $933,616 in February 2026, marking a modest increase from the previous month.
But behind that number is a deeper story about buyer demand, inventory levels, and long-term real estate trends across the Greater Toronto Area.
Peel Region Home Prices in February 2026
The average home price in Peel Region rose 0.5% month-over-month, increasing by $4,558 from January 2026.
However, prices remain 9.9% lower than February 2025, reflecting the continued impact of higher borrowing costs and market uncertainty over the past year.
Key highlights from February’s market activity:
Average Home Price: $933,616
Total Sales: 706 homes
Average Days on Market: 35 days
Active Listings: 3,628 properties
Sales were up 8.8% compared to a year ago, while active listings increased slightly by 0.5%, suggesting a market gradually finding balance between buyers and sellers.
Peel Region Housing Prices by Property Type
The Peel Region market remains diverse, with different housing segments moving at different speeds.
Detached Homes
Detached houses remained the most expensive segment of the market.
Average Price: $1.22 million
Monthly Change: +1.3%
Year-Over-Year Change: −12.7%
Sales: 321 homes
Average Time on Market: 34 days
Active Listings: 1,723
Despite a yearly decline, detached home prices still showed modest monthly growth, suggesting buyers are gradually re-entering the market.
Semi-Detached Homes
Semi-detached homes continue to offer a middle ground between affordability and space.
Average Price: $853,301
Monthly Change: +0.9%
Year-Over-Year Change: −9.7%
Sales: 99 homes
Average Time on Market: 28 days
Active Listings: 317
These homes remain attractive for first-time buyers upgrading from condos.
Freehold Townhomes
Freehold townhomes experienced a small pullback.
Average Price: $789,143
Monthly Change: −1.6%
Year-Over-Year Change: −8.6%
Sales: 75 homes
Average Time on Market: 26 days
Active Listings: 256
This segment remains one of the most competitive entry points into the freehold market.
Condo Townhouses
Townhouse-style condos posted modest monthly gains.
Average Price: $679,192
Monthly Change: +1.5%
Year-Over-Year Change: −7.9%
Sales: 91 homes
Average Time on Market: 45 days
Active Listings: 423
These homes remain popular with families seeking space without the cost of detached homes.
Apartment Condos
Apartment condos saw the largest decline in February.
Average Price: $509,710
Monthly Change: −3.9%
Year-Over-Year Change: −10.1%
Sales: 114 units
Average Time on Market: 42 days
Active Listings: 882
The condo market continues to face higher supply levels and cautious investor demand.
The Bigger Picture: Peel Real Estate Over the Past Decade
Despite recent market adjustments, Peel Region real estate has delivered substantial long-term growth.
Since February 2016, average prices have increased dramatically across all property types:
Detached homes: + $464,714
Semi-detached homes: + $336,640
Freehold townhomes: + $298,441
Condo townhomes: + $274,971
Apartment condos: + $224,590
Overall, the average price across all housing types has risen 64.7% in the past decade.
That long-term growth highlights the fundamental strength of real estate across the Greater Toronto Area, even during market cycles.
What This Means for Buyers and Investors
The Peel Region market in 2026 appears to be entering a transition phase:
Prices stabilizing month-to-month
Sales activity rising
Inventory levels holding steady
For buyers, this can create opportunities to enter the market before stronger price growth returns.
For investors, shifting lending conditions and tighter bank qualification standards continue to increase demand for alternative financing solutions and private mortgage capital.
Financing Opportunities in Today’s Market
If you’re looking to buy, refinance, or access equity from your property, flexible financing options may be available.
Lendworth Financial specializes in private mortgages secured by Canadian real estate, offering solutions for homeowners, investors, and developers.
📞 Speak with a mortgage specialist today: 905-597-1225
🌐 Visit: www.lendworth.ca
Your Equity Deserves More™