Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$838,658
MoM +$46,071 +5.8% up $46,071, 5.8% versus February 2019 YoY −1.9% down 1.9% versus March 2018
Source: TRREB MarketWatch, March 2019
4 areas
Halton Region
March 2019
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$748,000
MoM +$30,500 +4.3% up $30,500, 4.3% versus February 2019 YoY −2.6% down 2.6% versus March 2018
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 February 2019 YoY n/a not available, prior month not on file versus March 2018
Sales — Firm transactions reported through the MLS® System during the month.
775
MoM +267 +52.6% up 267, 52.6% versus February 2019 YoY +6.6% up 6.6% versus March 2018
Dollar volume — Total value of all sales in the month.
$650.0M
MoM +$247,325,781 +61.4% up $247,325,781, 61.4% versus February 2019 YoY +4.6% up 4.6% versus March 2018
New listings — Properties newly listed during the month.
1,480
MoM +427 +40.6% up 427, 40.6% versus February 2019 YoY −3.9% down 3.9% versus March 2018
Active listings — Listings available at month end.
1,716
MoM +255 +17.5% up 255, 17.5% versus February 2019 YoY −4.9% down 4.9% versus March 2018
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
25
MoM −2 days −7.4% down 2 days, 7.4% versus February 2019 YoY +13.6% up 13.6% versus March 2018
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
98%
MoM no change no change versus February 2019 YoY no change no change versus March 2018
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
52.4%
MoM +4.1 pp +8.5% up 4.1 pp, 8.5% versus February 2019 YoY +10.9% up 10.9% versus March 2018
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.
2.2
MoM −1 −23.0% down 1, 23.0% versus February 2019 YoY −10.8% down 10.8% versus March 2018
Trend
13 months to March 2019
Average price
| Month | Average price |
|---|---|
| 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 |
| Jan '19 | 854754 |
| Feb '19 | 792587 |
| Mar '19 | 838658 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Jan '19 | 425 |
| Feb '19 | 508 |
| Mar '19 | 775 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 775 | +267 +52.6% up 267, 52.6% versus February 2019 | $838,658 | +$46,071 +5.8% up $46,071, 5.8% versus February 2019 | $748,000 | 52.4% | 2.2 |
| Detached | 393 | +134 +51.7% up 134, 51.7% versus February 2019 | $1,060,915 | +$65,213 +6.5% up $65,213, 6.5% versus February 2019 | $933,000 | 44.2% | 2.9 |
| Semi-detached | 37 | +11 +42.3% up 11, 42.3% versus February 2019 | $706,319 | −$17,719 −2.4% down $17,719, 2.4% versus February 2019 | $720,000 | 61.7% | 1.2 |
| Att/row/townhouse | 157 | +71 +82.6% up 71, 82.6% versus February 2019 | $713,101 | +$24,712 +3.6% up $24,712, 3.6% versus February 2019 | $680,000 | 64.1% | 1.3 |
| Condo townhouse | 65 | +12 +22.6% up 12, 22.6% versus February 2019 | $550,126 | +$30,892 +5.9% up $30,892, 5.9% versus February 2019 | $500,000 | 60.8% | 1.7 |
| Condo apartment | 112 | +37 +49.3% up 37, 49.3% versus February 2019 | $458,878 | +$15,005 +3.4% up $15,005, 3.4% versus February 2019 | $430,350 | 67.5% | 1.9 |
| Link | 7 | −2 −22.2% down 2, 22.2% versus February 2019 | $750,929 | +$94,151 +14.3% up $94,151, 14.3% versus February 2019 | $778,500 | 63.6% | 1.1 |
| Co-op apartment | 1 | +1 up 1 versus February 2019 | $680,000 | n/a not available, prior month not on file versus February 2019 | $680,000 | — | 0.0 |
| Detached condo | 2 | +2 up 2 versus February 2019 | $775,450 | n/a not available, prior month not on file versus February 2019 | $775,450 | 200.0% | 1.0 |
| Co-ownership apartment | 1 | +1 up 1 versus February 2019 | $289,900 | n/a not available, prior month not on file versus February 2019 | $289,900 | — | 0.0 |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Burlington +10.0% up 10.0%
- Halton Hills +3.1% up 3.1%
- Oakville +2.6% up 2.6%
- Milton −0.1% down 0.1%
Bottom 5
- Milton −0.1% down 0.1%
- Oakville +2.6% up 2.6%
- Halton Hills +3.1% up 3.1%
- Burlington +10.0% up 10.0%
Sales, month-over-month
Top 5
- Oakville +79.7% up 79.7%
- Halton Hills +49.1% up 49.1%
- Burlington +42.4% up 42.4%
- Milton +34.7% up 34.7%
Bottom 5
- Milton +34.7% up 34.7%
- Burlington +42.4% up 42.4%
- Halton Hills +49.1% up 49.1%
- Oakville +79.7% up 79.7%
Halton Region
Oakville
Oakville, Halton Region
$1,011,664
+$25,260 +2.6% up $25,260, 2.6% versus February 2019
- Sales
- 284
- SP/LP
- 97%
- DOM
- 29
- SNLR
- 46.3%
Burlington
Burlington, Halton Region
$762,243
+$69,563 +10.0% up $69,563, 10.0% versus February 2019
- Sales
- 215
- SP/LP
- 98%
- DOM
- 26
- SNLR
- 55.8%
Halton Hills
Halton Hills, Halton Region
$726,626
+$21,591 +3.1% up $21,591, 3.1% versus February 2019
- Sales
- 82
- SP/LP
- 98%
- DOM
- 30
- SNLR
- 62.6%
Milton
Milton, Halton Region
$717,432
−$698 −0.1% down $698, 0.1% versus February 2019
- Sales
- 194
- SP/LP
- 99%
- DOM
- 15
- SNLR
- 55.4%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|