Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$885,930
MoM +$31,336 +3.7% up $31,336, 3.7% versus September 2018 YoY +4.1% up 4.1% versus October 2017
Source: TRREB MarketWatch, October 2018
4 areas
Halton Region
October 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.
$731,000
MoM −$6,500 −0.9% down $6,500, 0.9% versus September 2018 YoY +0.1% up 0.1% versus October 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 September 2018 YoY n/a not available, prior month not on file versus October 2017
Sales — Firm transactions reported through the MLS® System during the month.
736
MoM +100 +15.7% up 100, 15.7% versus September 2018 YoY +8.2% up 8.2% versus October 2017
Dollar volume — Total value of all sales in the month.
$652.0M
MoM +$108,522,646 +20.0% up $108,522,646, 20.0% versus September 2018 YoY +12.6% up 12.6% versus October 2017
New listings — Properties newly listed during the month.
1,355
MoM −158 −10.4% down 158, 10.4% versus September 2018 YoY −3.0% down 3.0% versus October 2017
Active listings — Listings available at month end.
1,833
MoM −137 −7.0% down 137, 7.0% versus September 2018 YoY −4.5% down 4.5% versus October 2017
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
27
MoM −2 days −6.9% down 2 days, 6.9% versus September 2018 YoY +3.8% up 3.8% versus October 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 September 2018 YoY no change no change versus October 2017
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
54.3%
MoM +12.3 pp +29.2% up 12.3 pp, 29.2% versus September 2018 YoY +11.6% up 11.6% versus October 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 −1 −19.6% down 1, 19.6% versus September 2018 YoY −11.7% down 11.7% versus October 2017
Trend
13 months to October 2018
Average price
| Month | Average price |
|---|---|
| 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 |
| Jul '18 | 855016 |
| Aug '18 | 851604 |
| Sep '18 | 854594 |
| Oct '18 | 885930 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Jul '18 | 736 |
| Aug '18 | 727 |
| Sep '18 | 636 |
| Oct '18 | 736 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 736 | +100 +15.7% up 100, 15.7% versus September 2018 | $885,930 | +$31,336 +3.7% up $31,336, 3.7% versus September 2018 | $731,000 | 54.3% | 2.5 |
| Detached | 381 | +40 +11.7% up 40, 11.7% versus September 2018 | $1,129,658 | +$61,100 +5.7% up $61,100, 5.7% versus September 2018 | $930,000 | 45.7% | 3.3 |
| Semi-detached | 48 | +16 +50.0% up 16, 50.0% versus September 2018 | $675,160 | −$35,728 −5.0% down $35,728, 5.0% versus September 2018 | $662,450 | 75.0% | 1.5 |
| Att/row/townhouse | 123 | +18 +17.1% up 18, 17.1% versus September 2018 | $703,639 | +$27,799 +4.1% up $27,799, 4.1% versus September 2018 | $642,000 | 61.2% | 1.6 |
| Condo townhouse | 77 | +6 +8.5% up 6, 8.5% versus September 2018 | $623,903 | +$91,730 +17.2% up $91,730, 17.2% versus September 2018 | $495,000 | 74.8% | 1.5 |
| Condo apartment | 97 | +16 +19.8% up 16, 19.8% versus September 2018 | $494,357 | −$42,137 −7.9% down $42,137, 7.9% versus September 2018 | $440,000 | 66.4% | 1.8 |
| Link | 10 | +5 +100.0% up 5, 100.0% versus September 2018 | $669,650 | −$30,705 −4.4% down $30,705, 4.4% versus September 2018 | $654,000 | 142.9% | 0.6 |
| Co-op apartment | 0 | no change no change versus September 2018 | — | n/a not available, prior month not on file versus September 2018 | — | 0.0% | — |
| Detached condo | 0 | −1 −100.0% down 1, 100.0% versus September 2018 | — | n/a not available, prior month not on file versus September 2018 | — | — | — |
| Co-ownership apartment | 0 | no change no change versus September 2018 | — | n/a not available, prior month not on file versus September 2018 | — | — | — |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Burlington +5.8% up 5.8%
- Oakville +5.7% up 5.7%
- Halton Hills +2.9% up 2.9%
- Milton +1.7% up 1.7%
Bottom 5
- Milton +1.7% up 1.7%
- Halton Hills +2.9% up 2.9%
- Oakville +5.7% up 5.7%
- Burlington +5.8% up 5.8%
Sales, month-over-month
Top 5
- Halton Hills +39.7% up 39.7%
- Milton +28.8% up 28.8%
- Oakville +9.4% up 9.4%
- Burlington +7.3% up 7.3%
Bottom 5
- Burlington +7.3% up 7.3%
- Oakville +9.4% up 9.4%
- Milton +28.8% up 28.8%
- Halton Hills +39.7% up 39.7%
Halton Region
Oakville
Oakville, Halton Region
$1,124,532
+$60,798 +5.7% up $60,798, 5.7% versus September 2018
- Sales
- 256
- SP/LP
- 96%
- DOM
- 31
- SNLR
- 46.2%
Burlington
Burlington, Halton Region
$791,798
+$43,073 +5.8% up $43,073, 5.8% versus September 2018
- Sales
- 220
- SP/LP
- 97%
- DOM
- 29
- SNLR
- 63.0%
Milton
Milton, Halton Region
$733,452
+$12,058 +1.7% up $12,058, 1.7% versus September 2018
- Sales
- 179
- SP/LP
- 98%
- DOM
- 21
- SNLR
- 57.6%
Halton Hills
Halton Hills, Halton Region
$724,457
+$20,221 +2.9% up $20,221, 2.9% versus September 2018
- Sales
- 81
- SP/LP
- 98%
- DOM
- 23
- SNLR
- 57.5%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|