Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$854,476
MoM +$15,246 +1.8% up $15,246, 1.8% versus February 2018 YoY −15.8% down 15.8% versus March 2017
Source: TRREB MarketWatch, March 2018
4 areas
Halton Region
March 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.
$768,000
MoM +$54,250 +7.6% up $54,250, 7.6% versus February 2018 YoY −10.7% down 10.7% versus March 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 February 2018 YoY n/a not available, prior month not on file versus March 2017
Sales — Firm transactions reported through the MLS® System during the month.
727
MoM +185 +34.1% up 185, 34.1% versus February 2018 YoY −39.9% down 39.9% versus March 2017
Dollar volume — Total value of all sales in the month.
$621.2M
MoM +$166,341,169 +36.6% up $166,341,169, 36.6% versus February 2018 YoY −49.4% down 49.4% versus March 2017
New listings — Properties newly listed during the month.
1,540
MoM +425 +38.1% up 425, 38.1% versus February 2018 YoY −7.4% down 7.4% versus March 2017
Active listings — Listings available at month end.
1,804
MoM +371 +25.9% up 371, 25.9% versus February 2018 YoY +126.1% up 126.1% versus March 2017
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
22
MoM −5 days −18.5% down 5 days, 18.5% versus February 2018 YoY +83.3% up 83.3% versus March 2017
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
98%
MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus February 2018 YoY −8.4% down 8.4% versus March 2017
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
47.2%
MoM −1.4 pp −2.9% down 1.4 pp, 2.9% versus February 2018 YoY −35.1% down 35.1% versus March 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.
2.5
MoM −0 −6.1% down 0, 6.1% versus February 2018 YoY +275.9% up 275.9% versus March 2017
Trend
13 months to March 2018
Average price
| Month | Average price |
|---|---|
| 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 |
| Mar '18 | 854476 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Mar '18 | 727 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 727 | +185 +34.1% up 185, 34.1% versus February 2018 | $854,476 | +$15,246 +1.8% up $15,246, 1.8% versus February 2018 | $768,000 | 47.2% | 2.5 |
| Detached | 396 | +132 +50.0% up 132, 50.0% versus February 2018 | $1,063,742 | −$32,119 −2.9% down $32,119, 2.9% versus February 2018 | $935,000 | 40.2% | 3.1 |
| Semi-detached | 45 | +1 +2.3% up 1, 2.3% versus February 2018 | $686,871 | +$5,584 +0.8% up $5,584, 0.8% versus February 2018 | $657,500 | 56.3% | 1.8 |
| Att/row/townhouse | 131 | +26 +24.8% up 26, 24.8% versus February 2018 | $696,540 | +$7,103 +1.0% up $7,103, 1.0% versus February 2018 | $640,000 | 62.4% | 1.6 |
| Condo townhouse | 55 | no change no change versus February 2018 | $534,269 | +$26,460 +5.2% up $26,460, 5.2% versus February 2018 | $505,000 | 50.5% | 1.9 |
| Condo apartment | 93 | +22 +31.0% up 22, 31.0% versus February 2018 | $465,302 | +$86 +0.0% up $86, 0.0% versus February 2018 | $430,000 | 64.6% | 2.0 |
| Link | 7 | +4 +133.3% up 4, 133.3% versus February 2018 | $735,429 | −$7,171 −1.0% down $7,171, 1.0% versus February 2018 | $733,000 | 77.8% | 1.4 |
| Co-op apartment | 0 | no change no change versus February 2018 | — | n/a not available, prior month not on file versus February 2018 | — | 0.0% | — |
| Detached condo | 0 | no change no change versus February 2018 | — | n/a not available, prior month not on file versus February 2018 | — | 0.0% | — |
| Co-ownership apartment | 0 | no change no change versus February 2018 | — | n/a not available, prior month not on file versus February 2018 | — | — | — |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Burlington +11.8% up 11.8%
- Halton Hills +2.8% up 2.8%
- Oakville +0.9% up 0.9%
- Milton −1.7% down 1.7%
Bottom 5
- Milton −1.7% down 1.7%
- Oakville +0.9% up 0.9%
- Halton Hills +2.8% up 2.8%
- Burlington +11.8% up 11.8%
Sales, month-over-month
Top 5
- Milton +45.0% up 45.0%
- Burlington +39.0% up 39.0%
- Halton Hills +31.4% up 31.4%
- Oakville +25.4% up 25.4%
Bottom 5
- Oakville +25.4% up 25.4%
- Halton Hills +31.4% up 31.4%
- Burlington +39.0% up 39.0%
- Milton +45.0% up 45.0%
Halton Region
Oakville
Oakville, Halton Region
$1,029,335
+$8,723 +0.9% up $8,723, 0.9% versus February 2018
- Sales
- 281
- SP/LP
- 97%
- DOM
- 22
- SNLR
- 42.3%
Burlington
Burlington, Halton Region
$784,190
+$82,854 +11.8% up $82,854, 11.8% versus February 2018
- Sales
- 189
- SP/LP
- 98%
- DOM
- 24
- SNLR
- 49.4%
Halton Hills
Halton Hills, Halton Region
$767,783
+$21,214 +2.8% up $21,214, 2.8% versus February 2018
- Sales
- 67
- SP/LP
- 98%
- DOM
- 19
- SNLR
- 55.8%
Milton
Milton, Halton Region
$696,354
−$11,958 −1.7% down $11,958, 1.7% versus February 2018
- Sales
- 190
- SP/LP
- 98%
- DOM
- 21
- SNLR
- 51.1%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|