Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$836,424
MoM −$9,106 −1.1% down $9,106, 1.1% versus November 2018 YoY +3.1% up 3.1% versus December 2017
Source: TRREB MarketWatch, December 2018
4 areas
Halton Region
December 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.
$738,000
MoM +$13,000 +1.8% up $13,000, 1.8% versus November 2018 YoY +6.6% up 6.6% versus December 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 November 2018 YoY n/a not available, prior month not on file versus December 2017
Sales — Firm transactions reported through the MLS® System during the month.
351
MoM −180 −33.9% down 180, 33.9% versus November 2018 YoY −20.9% down 20.9% versus December 2017
Dollar volume — Total value of all sales in the month.
$293.6M
MoM −$155,391,536 −34.6% down $155,391,536, 34.6% versus November 2018 YoY −18.5% down 18.5% versus December 2017
New listings — Properties newly listed during the month.
376
MoM −551 −59.4% down 551, 59.4% versus November 2018 YoY −29.7% down 29.7% versus December 2017
Active listings — Listings available at month end.
1,139
MoM −486 −29.9% down 486, 29.9% versus November 2018 YoY −11.5% down 11.5% versus December 2017
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
38
MoM +6 days +18.8% up 6 days, 18.8% versus November 2018 YoY +22.6% up 22.6% versus December 2017
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
96%
MoM −1.0 pp −1.0% down 1.0 pp, 1.0% versus November 2018 YoY −1.0% down 1.0% versus December 2017
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
93.3%
MoM +36.1 pp +63.0% up 36.1 pp, 63.0% versus November 2018 YoY +12.5% up 12.5% versus December 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.
3.3
MoM +0 +6.0% up 0, 6.0% versus November 2018 YoY +11.9% up 11.9% versus December 2017
Trend
13 months to December 2018
Average price
| Month | Average price |
|---|---|
| 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 |
| Dec '18 | 836424 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Dec '18 | 351 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 351 | −180 −33.9% down 180, 33.9% versus November 2018 | $836,424 | −$9,106 −1.1% down $9,106, 1.1% versus November 2018 | $738,000 | 93.3% | 3.3 |
| Detached | 185 | −91 −33.0% down 91, 33.0% versus November 2018 | $1,040,913 | −$40,015 −3.7% down $40,015, 3.7% versus November 2018 | $920,000 | 98.9% | 4.0 |
| Semi-detached | 24 | −9 −27.3% down 9, 27.3% versus November 2018 | $696,122 | +$18,359 +2.7% up $18,359, 2.7% versus November 2018 | $668,389 | 104.3% | 1.5 |
| Att/row/townhouse | 56 | −30 −34.9% down 30, 34.9% versus November 2018 | $657,719 | −$32,057 −4.6% down $32,057, 4.6% versus November 2018 | $628,500 | 76.7% | 2.6 |
| Condo townhouse | 32 | −27 −45.8% down 27, 45.8% versus November 2018 | $530,265 | +$15,594 +3.0% up $15,594, 3.0% versus November 2018 | $492,515 | 100.0% | 2.1 |
| Condo apartment | 50 | −25 −33.3% down 25, 33.3% versus November 2018 | $559,638 | +$59,667 +11.9% up $59,667, 11.9% versus November 2018 | $427,500 | 87.7% | 2.8 |
| Link | 3 | +1 +50.0% up 1, 50.0% versus November 2018 | $748,833 | +$203,833 +37.4% up $203,833, 37.4% versus November 2018 | $676,000 | 100.0% | 2.3 |
| Co-op apartment | 1 | +1 up 1 versus November 2018 | $280,000 | n/a not available, prior month not on file versus November 2018 | $280,000 | — | 1.0 |
| Detached condo | 0 | no change no change versus November 2018 | — | n/a not available, prior month not on file versus November 2018 | — | 0.0% | — |
| Co-ownership apartment | 0 | no change no change versus November 2018 | — | n/a not available, prior month not on file versus November 2018 | — | — | — |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Milton +4.3% up 4.3%
- Oakville +1.6% up 1.6%
- Burlington −2.6% down 2.6%
- Halton Hills −13.9% down 13.9%
Bottom 5
- Halton Hills −13.9% down 13.9%
- Burlington −2.6% down 2.6%
- Oakville +1.6% up 1.6%
- Milton +4.3% up 4.3%
Sales, month-over-month
Top 5
- Milton −24.8% down 24.8%
- Halton Hills −32.1% down 32.1%
- Oakville −36.0% down 36.0%
- Burlington −38.7% down 38.7%
Bottom 5
- Burlington −38.7% down 38.7%
- Oakville −36.0% down 36.0%
- Halton Hills −32.1% down 32.1%
- Milton −24.8% down 24.8%
Halton Region
Oakville
Oakville, Halton Region
$1,042,084
+$16,459 +1.6% up $16,459, 1.6% versus November 2018
- Sales
- 121
- SP/LP
- 95%
- DOM
- 44
- SNLR
- 81.2%
Burlington
Burlington, Halton Region
$746,380
−$20,054 −2.6% down $20,054, 2.6% versus November 2018
- Sales
- 103
- SP/LP
- 97%
- DOM
- 40
- SNLR
- 108.4%
Milton
Milton, Halton Region
$722,807
+$29,591 +4.3% up $29,591, 4.3% versus November 2018
- Sales
- 91
- SP/LP
- 98%
- DOM
- 28
- SNLR
- 91.9%
Halton Hills
Halton Hills, Halton Region
$690,006
−$111,756 −13.9% down $111,756, 13.9% versus November 2018
- Sales
- 36
- SP/LP
- 98%
- DOM
- 33
- SNLR
- 109.1%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|