Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$845,530
MoM −$40,400 −4.6% down $40,400, 4.6% versus October 2018 YoY +1.4% up 1.4% versus November 2017
Source: TRREB MarketWatch, November 2018
4 areas
Halton Region
November 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.
$725,000
MoM −$6,000 −0.8% down $6,000, 0.8% versus October 2018 YoY +1.1% up 1.1% versus November 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 October 2018 YoY n/a not available, prior month not on file versus November 2017
Sales — Firm transactions reported through the MLS® System during the month.
531
MoM −205 −27.9% down 205, 27.9% versus October 2018 YoY −25.8% down 25.8% versus November 2017
Dollar volume — Total value of all sales in the month.
$449.0M
MoM −$203,067,986 −31.1% down $203,067,986, 31.1% versus October 2018 YoY −24.8% down 24.8% versus November 2017
New listings — Properties newly listed during the month.
927
MoM −428 −31.6% down 428, 31.6% versus October 2018 YoY −27.9% down 27.9% versus November 2017
Active listings — Listings available at month end.
1,625
MoM −208 −11.3% down 208, 11.3% versus October 2018 YoY −9.5% down 9.5% versus November 2017
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
32
MoM +5 days +18.5% up 5 days, 18.5% versus October 2018 YoY +14.3% up 14.3% versus November 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 October 2018 YoY no change no change versus November 2017
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
57.3%
MoM +3.0 pp +5.5% up 3.0 pp, 5.5% versus October 2018 YoY +2.8% up 2.8% versus November 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.
3.1
MoM +1 +22.9% up 1, 22.9% versus October 2018 YoY +22.0% up 22.0% versus November 2017
Trend
13 months to November 2018
Average price
| Month | Average price |
|---|---|
| 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 |
| Nov '18 | 845530 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Nov '18 | 531 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 531 | −205 −27.9% down 205, 27.9% versus October 2018 | $845,530 | −$40,400 −4.6% down $40,400, 4.6% versus October 2018 | $725,000 | 57.3% | 3.1 |
| Detached | 276 | −105 −27.6% down 105, 27.6% versus October 2018 | $1,080,928 | −$48,730 −4.3% down $48,730, 4.3% versus October 2018 | $916,250 | 50.5% | 4.0 |
| Semi-detached | 33 | −15 −31.3% down 15, 31.3% versus October 2018 | $677,763 | +$2,603 +0.4% up $2,603, 0.4% versus October 2018 | $679,000 | 73.3% | 1.6 |
| Att/row/townhouse | 86 | −37 −30.1% down 37, 30.1% versus October 2018 | $689,776 | −$13,863 −2.0% down $13,863, 2.0% versus October 2018 | $643,500 | 64.2% | 2.2 |
| Condo townhouse | 59 | −18 −23.4% down 18, 23.4% versus October 2018 | $514,671 | −$109,232 −17.5% down $109,232, 17.5% versus October 2018 | $500,000 | 75.6% | 1.7 |
| Condo apartment | 75 | −22 −22.7% down 22, 22.7% versus October 2018 | $499,971 | +$5,614 +1.1% up $5,614, 1.1% versus October 2018 | $439,000 | 66.4% | 2.3 |
| Link | 2 | −8 −80.0% down 8, 80.0% versus October 2018 | $545,000 | −$124,650 −18.6% down $124,650, 18.6% versus October 2018 | $545,000 | 22.2% | 5.0 |
| Co-op apartment | 0 | no change no change versus October 2018 | — | n/a not available, prior month not on file versus October 2018 | — | 0.0% | — |
| Detached condo | 0 | no change no change versus October 2018 | — | n/a not available, prior month not on file versus October 2018 | — | — | — |
| Co-ownership apartment | 0 | no change no change versus October 2018 | — | n/a not available, prior month not on file versus October 2018 | — | — | — |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Halton Hills +10.7% up 10.7%
- Burlington −3.2% down 3.2%
- Milton −5.5% down 5.5%
- Oakville −8.8% down 8.8%
Bottom 5
- Oakville −8.8% down 8.8%
- Milton −5.5% down 5.5%
- Burlington −3.2% down 3.2%
- Halton Hills +10.7% up 10.7%
Sales, month-over-month
Top 5
- Burlington −23.6% down 23.6%
- Oakville −26.2% down 26.2%
- Milton −32.4% down 32.4%
- Halton Hills −34.6% down 34.6%
Bottom 5
- Halton Hills −34.6% down 34.6%
- Milton −32.4% down 32.4%
- Oakville −26.2% down 26.2%
- Burlington −23.6% down 23.6%
Halton Region
Oakville
Oakville, Halton Region
$1,025,625
−$98,907 −8.8% down $98,907, 8.8% versus October 2018
- Sales
- 189
- SP/LP
- 97%
- DOM
- 34
- SNLR
- 50.1%
Halton Hills
Halton Hills, Halton Region
$801,762
+$77,305 +10.7% up $77,305, 10.7% versus October 2018
- Sales
- 53
- SP/LP
- 97%
- DOM
- 32
- SNLR
- 50.5%
Burlington
Burlington, Halton Region
$766,434
−$25,364 −3.2% down $25,364, 3.2% versus October 2018
- Sales
- 168
- SP/LP
- 97%
- DOM
- 35
- SNLR
- 68.0%
Milton
Milton, Halton Region
$693,216
−$40,236 −5.5% down $40,236, 5.5% versus October 2018
- Sales
- 121
- SP/LP
- 98%
- DOM
- 25
- SNLR
- 61.1%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|