Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$829,243
MoM +$17,767 +2.2% up $17,767, 2.2% versus December 2017 YoY −2.1% down 2.1% versus January 2017
Source: TRREB MarketWatch, January 2018
4 areas
Halton Region
January 2018
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$680,000
MoM −$12,500 −1.8% down $12,500, 1.8% versus December 2017 YoY −9.3% down 9.3% versus January 2017
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
—
MoM n/a not available, prior month not on file versus December 2017 YoY n/a not available, prior month not on file versus January 2017
Sales — Firm transactions reported through the MLS® System during the month.
391
MoM −53 −11.9% down 53, 11.9% versus December 2017 YoY −15.9% down 15.9% versus January 2017
Dollar volume — Total value of all sales in the month.
$324.2M
MoM −$36,061,554 −10.0% down $36,061,554, 10.0% versus December 2017 YoY −17.7% down 17.7% versus January 2017
New listings — Properties newly listed during the month.
842
MoM +307 +57.4% up 307, 57.4% versus December 2017 YoY +31.6% up 31.6% versus January 2017
Active listings — Listings available at month end.
1,230
MoM −57 −4.4% down 57, 4.4% versus December 2017 YoY +159.5% up 159.5% versus January 2017
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
36
MoM +5 days +16.1% up 5 days, 16.1% versus December 2017 YoY +80.0% up 80.0% versus January 2017
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
97%
MoM no change no change versus December 2017 YoY −4.9% down 4.9% versus January 2017
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
46.4%
MoM −36.6 pp −44.0% down 36.6 pp, 44.0% versus December 2017 YoY −36.1% down 36.1% versus January 2017
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.
3.1
MoM +0 +8.5% up 0, 8.5% versus December 2017 YoY +208.6% up 208.6% versus January 2017
Trend
13 months to January 2018
Average price
| Month | Average price |
|---|---|
| Jan '17 | 847336 |
| Feb '17 | 1015544 |
| Mar '17 | 1014760 |
| Apr '17 | 981544 |
| May '17 | 949556 |
| Jun '17 | 858916 |
| Jul '17 | 834813 |
| Aug '17 | 867164 |
| Sep '17 | 853513 |
| Oct '17 | 851339 |
| Nov '17 | 833656 |
| Dec '17 | 811476 |
| Jan '18 | 829243 |
Sales
| Month | Sales |
|---|---|
| Jan '17 | 465 |
| Feb '17 | 788 |
| Mar '17 | 1209 |
| Apr '17 | 1126 |
| May '17 | 1020 |
| Jun '17 | 801 |
| Jul '17 | 571 |
| Aug '17 | 593 |
| Sep '17 | 581 |
| Oct '17 | 680 |
| Nov '17 | 716 |
| Dec '17 | 444 |
| Jan '18 | 391 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 391 | −53 −11.9% down 53, 11.9% versus December 2017 | $829,243 | +$17,767 +2.2% up $17,767, 2.2% versus December 2017 | $680,000 | 46.4% | 3.1 |
| Detached | 190 | −26 −12.0% down 26, 12.0% versus December 2017 | $1,090,359 | +$21,152 +2.0% up $21,152, 2.0% versus December 2017 | $882,500 | 40.3% | 3.9 |
| Semi-detached | 39 | +11 +39.3% up 11, 39.3% versus December 2017 | $651,517 | +$32,701 +5.3% up $32,701, 5.3% versus December 2017 | $635,000 | 67.2% | 1.7 |
| Att/row/townhouse | 76 | −19 −20.0% down 19, 20.0% versus December 2017 | $633,161 | −$13,686 −2.1% down $13,686, 2.1% versus December 2017 | $605,000 | 56.7% | 2.2 |
| Condo townhouse | 42 | −9 −17.6% down 9, 17.6% versus December 2017 | $527,044 | +$32,866 +6.7% up $32,866, 6.7% versus December 2017 | $480,575 | 76.4% | 1.5 |
| Condo apartment | 42 | −12 −22.2% down 12, 22.2% versus December 2017 | $482,045 | +$12,299 +2.6% up $12,299, 2.6% versus December 2017 | $423,950 | 35.6% | 4.2 |
| Link | 2 | +2 up 2 versus December 2017 | $577,250 | n/a not available, prior month not on file versus December 2017 | $577,250 | 33.3% | 3.5 |
| Co-op apartment | 0 | no change no change versus December 2017 | — | n/a not available, prior month not on file versus December 2017 | — | — | — |
| Detached condo | 0 | no change no change versus December 2017 | — | n/a not available, prior month not on file versus December 2017 | — | — | — |
| Co-ownership apartment | 0 | no change no change versus December 2017 | — | n/a not available, prior month not on file versus December 2017 | — | — | — |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Burlington +6.3% up 6.3%
- Oakville +1.0% up 1.0%
- Halton Hills −2.0% down 2.0%
- Milton −4.7% down 4.7%
Bottom 5
- Milton −4.7% down 4.7%
- Halton Hills −2.0% down 2.0%
- Oakville +1.0% up 1.0%
- Burlington +6.3% up 6.3%
Sales, month-over-month
Top 5
- Oakville −5.0% down 5.0%
- Halton Hills −9.3% down 9.3%
- Burlington −10.3% down 10.3%
- Milton −24.6% down 24.6%
Bottom 5
- Milton −24.6% down 24.6%
- Burlington −10.3% down 10.3%
- Halton Hills −9.3% down 9.3%
- Oakville −5.0% down 5.0%
Halton Region
Oakville
Oakville, Halton Region
$1,011,950
+$10,187 +1.0% up $10,187, 1.0% versus December 2017
- Sales
- 153
- SP/LP
- 96%
- DOM
- 38
- SNLR
- 36.6%
Burlington
Burlington, Halton Region
$769,012
+$45,327 +6.3% up $45,327, 6.3% versus December 2017
- Sales
- 113
- SP/LP
- 96%
- DOM
- 38
- SNLR
- 56.5%
Halton Hills
Halton Hills, Halton Region
$668,885
−$13,592 −2.0% down $13,592, 2.0% versus December 2017
- Sales
- 39
- SP/LP
- 98%
- DOM
- 32
- SNLR
- 65.0%
Milton
Milton, Halton Region
$656,054
−$32,373 −4.7% down $32,373, 4.7% versus December 2017
- Sales
- 86
- SP/LP
- 98%
- DOM
- 30
- SNLR
- 52.4%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|