Source: TRREB MarketWatch, June 2018

4 areas

Halton Region

June 2018

Headline indicators

All home types

Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.

$855,386

MoM +$877 +0.1% up $877, 0.1% versus May 2018 YoY −0.4% down 0.4% versus June 2017

Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.

$720,000

MoM −$50,000 −6.5% down $50,000, 6.5% versus May 2018 YoY −4.3% down 4.3% versus June 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 May 2018 YoY n/a not available, prior month not on file versus June 2017

Sales — Firm transactions reported through the MLS® System during the month.

837

MoM −26 −3.0% down 26, 3.0% versus May 2018 YoY +4.5% up 4.5% versus June 2017

Dollar volume — Total value of all sales in the month.

$716.0M

MoM −$21,483,689 −2.9% down $21,483,689, 2.9% versus May 2018 YoY +4.1% up 4.1% versus June 2017

New listings — Properties newly listed during the month.

1,534

MoM −390 −20.3% down 390, 20.3% versus May 2018 YoY −18.2% down 18.2% versus June 2017

Active listings — Listings available at month end.

2,267

MoM −67 −2.9% down 67, 2.9% versus May 2018 YoY +20.3% up 20.3% versus June 2017

Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.

25

MoM +1 day +4.2% up 1 day, 4.2% versus May 2018 YoY +47.1% up 47.1% versus June 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 May 2018 YoY −2.0% down 2.0% versus June 2017

SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.

54.6%

MoM +9.7 pp +21.6% up 9.7 pp, 21.6% versus May 2018 YoY +27.8% up 27.8% versus June 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 +0.1% up 0, 0.1% versus May 2018 YoY +15.2% up 15.2% versus June 2017

Trend

13 months to June 2018

Average price

Halton Region average selling price over the 13 months ending June 2018.
Month Average price
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
Jun '18 855386

Sales

Halton Region sales over the 13 months ending June 2018.
Month Sales
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
Jun '18 837

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 837 −26 −3.0% down 26, 3.0% versus May 2018 $855,386 +$877 +0.1% up $877, 0.1% versus May 2018 $720,000 54.6% 2.7
Detached 442 −33 −6.9% down 33, 6.9% versus May 2018 $1,085,186 +$30,723 +2.9% up $30,723, 2.9% versus May 2018 $916,500 47.2% 3.5
Semi-detached 52 −5 −8.8% down 5, 8.8% versus May 2018 $673,394 +$3,841 +0.6% up $3,841, 0.6% versus May 2018 $680,000 68.4% 1.8
Att/row/townhouse 150 −4 −2.6% down 4, 2.6% versus May 2018 $670,999 −$28,882 −4.1% down $28,882, 4.1% versus May 2018 $625,000 66.1% 1.8
Condo townhouse 76 +11 +16.9% up 11, 16.9% versus May 2018 $522,745 +$3,712 +0.7% up $3,712, 0.7% versus May 2018 $490,000 71.0% 1.7
Condo apartment 111 +8 +7.8% up 8, 7.8% versus May 2018 $516,789 +$26,282 +5.4% up $26,282, 5.4% versus May 2018 $430,000 67.7% 2.0
Link 5 −2 −28.6% down 2, 28.6% versus May 2018 $667,600 −$52,514 −7.3% down $52,514, 7.3% versus May 2018 $640,000 27.8% 4.0
Co-op apartment 1 +1 up 1 versus May 2018 $209,000 n/a not available, prior month not on file versus May 2018 $209,000 100.0% 0.0
Detached condo 0 −2 −100.0% down 2, 100.0% versus May 2018 n/a not available, prior month not on file versus May 2018 0.0%
Co-ownership apartment 0 no change no change versus May 2018 n/a not available, prior month not on file versus May 2018

Movers within Halton Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Oakville +7.3% up 7.3%
  2. Milton −3.4% down 3.4%
  3. Burlington −4.0% down 4.0%
  4. Halton Hills −7.9% down 7.9%

Bottom 5

  1. Halton Hills −7.9% down 7.9%
  2. Burlington −4.0% down 4.0%
  3. Milton −3.4% down 3.4%
  4. Oakville +7.3% up 7.3%

Sales, month-over-month

Top 5

  1. Halton Hills +18.3% up 18.3%
  2. Milton +1.5% up 1.5%
  3. Oakville −4.8% down 4.8%
  4. Burlington −10.9% down 10.9%

Bottom 5

  1. Burlington −10.9% down 10.9%
  2. Oakville −4.8% down 4.8%
  3. Milton +1.5% up 1.5%
  4. Halton Hills +18.3% up 18.3%

Halton Region

Oakville

Oakville, Halton Region

$1,074,230

+$72,827 +7.3% up $72,827, 7.3% versus May 2018

Sales
298
SP/LP
97%
DOM
28
SNLR
46.1%

Full history →

Burlington

Burlington, Halton Region

$774,059

−$31,834 −4.0% down $31,834, 4.0% versus May 2018

Sales
236
SP/LP
97%
DOM
26
SNLR
63.6%

Full history →

Halton Hills

Halton Hills, Halton Region

$707,532

−$60,533 −7.9% down $60,533, 7.9% versus May 2018

Sales
97
SP/LP
98%
DOM
22
SNLR
61.8%

Full history →

Milton

Milton, Halton Region

$701,595

−$24,805 −3.4% down $24,805, 3.4% versus May 2018

Sales
206
SP/LP
98%
DOM
22
SNLR
57.2%

Full history →

All Halton Region areas

0 areas

Area Sales MoM $ volume Average MoM Median New Active SP/LP LDOM PDOM SNLR MOI