Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$839,230
MoM +$9,987 +1.2% up $9,987, 1.2% versus January 2018 YoY −17.4% down 17.4% versus February 2017
Source: TRREB MarketWatch, February 2018
4 areas
Halton Region
February 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.
$713,750
MoM +$33,750 +5.0% up $33,750, 5.0% versus January 2018 YoY −16.4% down 16.4% versus February 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 January 2018 YoY n/a not available, prior month not on file versus February 2017
Sales — Firm transactions reported through the MLS® System during the month.
542
MoM +151 +38.6% up 151, 38.6% versus January 2018 YoY −31.2% down 31.2% versus February 2017
Dollar volume — Total value of all sales in the month.
$454.9M
MoM +$130,628,708 +40.3% up $130,628,708, 40.3% versus January 2018 YoY −43.2% down 43.2% versus February 2017
New listings — Properties newly listed during the month.
1,115
MoM +273 +32.4% up 273, 32.4% versus January 2018 YoY +15.9% up 15.9% versus February 2017
Active listings — Listings available at month end.
1,433
MoM +203 +16.5% up 203, 16.5% versus January 2018 YoY +166.4% up 166.4% versus February 2017
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
27
MoM −9 days −25.0% down 9 days, 25.0% versus January 2018 YoY +107.7% up 107.7% versus February 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 January 2018 YoY −8.5% down 8.5% versus February 2017
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
48.6%
MoM +2.2 pp +4.7% up 2.2 pp, 4.7% versus January 2018 YoY −40.7% down 40.7% versus February 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.
2.6
MoM −1 −16.0% down 1, 16.0% versus January 2018 YoY +287.2% up 287.2% versus February 2017
Trend
13 months to February 2018
Average price
| Month | Average price |
|---|---|
| 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 |
| Feb '18 | 839230 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Feb '18 | 542 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 542 | +151 +38.6% up 151, 38.6% versus January 2018 | $839,230 | +$9,987 +1.2% up $9,987, 1.2% versus January 2018 | $713,750 | 48.6% | 2.6 |
| Detached | 264 | +74 +38.9% up 74, 38.9% versus January 2018 | $1,095,861 | +$5,502 +0.5% up $5,502, 0.5% versus January 2018 | $910,000 | 40.2% | 3.5 |
| Semi-detached | 44 | +5 +12.8% up 5, 12.8% versus January 2018 | $681,287 | +$29,770 +4.6% up $29,770, 4.6% versus January 2018 | $680,000 | 66.7% | 1.4 |
| Att/row/townhouse | 105 | +29 +38.2% up 29, 38.2% versus January 2018 | $689,437 | +$56,276 +8.9% up $56,276, 8.9% versus January 2018 | $643,000 | 59.0% | 1.7 |
| Condo townhouse | 55 | +13 +31.0% up 13, 31.0% versus January 2018 | $507,809 | −$19,235 −3.6% down $19,235, 3.6% versus January 2018 | $475,000 | 67.1% | 1.3 |
| Condo apartment | 71 | +29 +69.0% up 29, 69.0% versus January 2018 | $465,216 | −$16,829 −3.5% down $16,829, 3.5% versus January 2018 | $422,500 | 57.3% | 2.6 |
| Link | 3 | +1 +50.0% up 1, 50.0% versus January 2018 | $742,600 | +$165,350 +28.6% up $165,350, 28.6% versus January 2018 | $752,000 | 37.5% | 3.3 |
| Co-op apartment | 0 | no change no change versus January 2018 | — | n/a not available, prior month not on file versus January 2018 | — | — | — |
| Detached condo | 0 | no change no change versus January 2018 | — | n/a not available, prior month not on file versus January 2018 | — | — | — |
| Co-ownership apartment | 0 | no change no change versus January 2018 | — | n/a not available, prior month not on file versus January 2018 | — | — | — |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Halton Hills +11.6% up 11.6%
- Milton +8.0% up 8.0%
- Oakville +0.9% up 0.9%
- Burlington −8.8% down 8.8%
Bottom 5
- Burlington −8.8% down 8.8%
- Oakville +0.9% up 0.9%
- Milton +8.0% up 8.0%
- Halton Hills +11.6% up 11.6%
Sales, month-over-month
Top 5
- Milton +52.3% up 52.3%
- Oakville +46.4% up 46.4%
- Halton Hills +30.8% up 30.8%
- Burlington +20.4% up 20.4%
Bottom 5
- Burlington +20.4% up 20.4%
- Halton Hills +30.8% up 30.8%
- Oakville +46.4% up 46.4%
- Milton +52.3% up 52.3%
Halton Region
Oakville
Oakville, Halton Region
$1,020,612
+$8,662 +0.9% up $8,662, 0.9% versus January 2018
- Sales
- 224
- SP/LP
- 97%
- DOM
- 29
- SNLR
- 43.2%
Halton Hills
Halton Hills, Halton Region
$746,569
+$77,684 +11.6% up $77,684, 11.6% versus January 2018
- Sales
- 51
- SP/LP
- 98%
- DOM
- 31
- SNLR
- 53.1%
Milton
Milton, Halton Region
$708,312
+$52,258 +8.0% up $52,258, 8.0% versus January 2018
- Sales
- 131
- SP/LP
- 98%
- DOM
- 21
- SNLR
- 53.7%
Burlington
Burlington, Halton Region
$701,336
−$67,676 −8.8% down $67,676, 8.8% versus January 2018
- Sales
- 136
- SP/LP
- 98%
- DOM
- 27
- SNLR
- 52.9%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|