Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$854,509
MoM +$5,198 +0.6% up $5,198, 0.6% versus April 2018 YoY −10.0% down 10.0% versus May 2017
Source: TRREB MarketWatch, May 2018
4 areas
Halton Region
May 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.
$770,000
MoM +$10,000 +1.3% up $10,000, 1.3% versus April 2018 YoY −3.8% down 3.8% versus May 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 April 2018 YoY n/a not available, prior month not on file versus May 2017
Sales — Firm transactions reported through the MLS® System during the month.
863
MoM +84 +10.8% up 84, 10.8% versus April 2018 YoY −15.4% down 15.4% versus May 2017
Dollar volume — Total value of all sales in the month.
$737.4M
MoM +$75,827,760 +11.5% up $75,827,760, 11.5% versus April 2018 YoY −23.9% down 23.9% versus May 2017
New listings — Properties newly listed during the month.
1,924
MoM +235 +13.9% up 235, 13.9% versus April 2018 YoY −16.9% down 16.9% versus May 2017
Active listings — Listings available at month end.
2,334
MoM +237 +11.3% up 237, 11.3% versus April 2018 YoY +36.2% up 36.2% versus May 2017
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
24
MoM +2 days +9.1% up 2 days, 9.1% versus April 2018 YoY +84.6% up 84.6% versus May 2017
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
97%
MoM −1.0 pp −1.0% down 1.0 pp, 1.0% versus April 2018 YoY −4.0% down 4.0% versus May 2017
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
44.9%
MoM −1.3 pp −2.7% down 1.3 pp, 2.7% versus April 2018 YoY +1.8% up 1.8% versus May 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.
2.7
MoM +0 +0.5% up 0, 0.5% versus April 2018 YoY +60.9% up 60.9% versus May 2017
Trend
13 months to May 2018
Average price
| Month | Average price |
|---|---|
| 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 |
| Apr '18 | 849311 |
| May '18 | 854509 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Apr '18 | 779 |
| May '18 | 863 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 863 | +84 +10.8% up 84, 10.8% versus April 2018 | $854,509 | +$5,198 +0.6% up $5,198, 0.6% versus April 2018 | $770,000 | 44.9% | 2.7 |
| Detached | 475 | +50 +11.8% up 50, 11.8% versus April 2018 | $1,054,463 | −$4,078 −0.4% down $4,078, 0.4% versus April 2018 | $909,000 | 39.6% | 3.3 |
| Semi-detached | 57 | +16 +39.0% up 16, 39.0% versus April 2018 | $669,553 | +$14,505 +2.2% up $14,505, 2.2% versus April 2018 | $652,500 | 54.3% | 1.9 |
| Att/row/townhouse | 154 | +15 +10.8% up 15, 10.8% versus April 2018 | $699,881 | +$23,061 +3.4% up $23,061, 3.4% versus April 2018 | $640,000 | 49.8% | 1.9 |
| Condo townhouse | 65 | −7 −9.7% down 7, 9.7% versus April 2018 | $519,033 | +$18,067 +3.6% up $18,067, 3.6% versus April 2018 | $490,000 | 56.0% | 2.1 |
| Condo apartment | 103 | +6 +6.2% up 6, 6.2% versus April 2018 | $490,507 | −$42,922 −8.0% down $42,922, 8.0% versus April 2018 | $425,000 | 55.4% | 2.3 |
| Link | 7 | +4 +133.3% up 4, 133.3% versus April 2018 | $720,114 | +$70,614 +10.9% up $70,614, 10.9% versus April 2018 | $734,000 | 100.0% | 1.7 |
| Co-op apartment | 0 | −1 −100.0% down 1, 100.0% versus April 2018 | — | n/a not available, prior month not on file versus April 2018 | — | — | — |
| Detached condo | 2 | +1 +100.0% up 1, 100.0% versus April 2018 | $662,500 | −$167,500 −20.2% down $167,500, 20.2% versus April 2018 | $662,500 | 200.0% | 0.5 |
| Co-ownership apartment | 0 | no change no change versus April 2018 | — | n/a not available, prior month not on file versus April 2018 | — | — | — |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Burlington +6.6% up 6.6%
- Milton +2.6% up 2.6%
- Halton Hills +0.9% up 0.9%
- Oakville −3.9% down 3.9%
Bottom 5
- Oakville −3.9% down 3.9%
- Halton Hills +0.9% up 0.9%
- Milton +2.6% up 2.6%
- Burlington +6.6% up 6.6%
Sales, month-over-month
Top 5
- Burlington +15.7% up 15.7%
- Oakville +10.2% up 10.2%
- Milton +7.4% up 7.4%
- Halton Hills +6.5% up 6.5%
Bottom 5
- Halton Hills +6.5% up 6.5%
- Milton +7.4% up 7.4%
- Oakville +10.2% up 10.2%
- Burlington +15.7% up 15.7%
Halton Region
Oakville
Oakville, Halton Region
$1,001,403
−$41,014 −3.9% down $41,014, 3.9% versus April 2018
- Sales
- 313
- SP/LP
- 97%
- DOM
- 25
- SNLR
- 38.3%
Burlington
Burlington, Halton Region
$805,893
+$49,976 +6.6% up $49,976, 6.6% versus April 2018
- Sales
- 265
- SP/LP
- 98%
- DOM
- 25
- SNLR
- 51.2%
Halton Hills
Halton Hills, Halton Region
$768,065
+$6,673 +0.9% up $6,673, 0.9% versus April 2018
- Sales
- 82
- SP/LP
- 97%
- DOM
- 25
- SNLR
- 44.1%
Milton
Milton, Halton Region
$726,400
+$18,278 +2.6% up $18,278, 2.6% versus April 2018
- Sales
- 203
- SP/LP
- 98%
- DOM
- 20
- SNLR
- 50.4%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|