Source: TRREB MarketWatch, April 2019

4 areas

Halton Region

April 2019

Headline indicators

All home types

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

$855,516

MoM +$16,858 +2.0% up $16,858, 2.0% versus March 2019 YoY +0.7% up 0.7% versus April 2018

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

$770,000

MoM +$22,000 +2.9% up $22,000, 2.9% versus March 2019 YoY +1.3% up 1.3% versus April 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 March 2019 YoY n/a not available, prior month not on file versus April 2018

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

965

MoM +190 +24.5% up 190, 24.5% versus March 2019 YoY +23.9% up 23.9% versus April 2018

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

$825.6M

MoM +$175,612,509 +27.0% up $175,612,509, 27.0% versus March 2019 YoY +24.8% up 24.8% versus April 2018

New listings — Properties newly listed during the month.

1,738

MoM +258 +17.4% up 258, 17.4% versus March 2019 YoY +2.9% up 2.9% versus April 2018

Active listings — Listings available at month end.

1,928

MoM +212 +12.4% up 212, 12.4% versus March 2019 YoY −8.1% down 8.1% versus April 2018

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

21

MoM −4 days −16.0% down 4 days, 16.0% versus March 2019 YoY −4.5% down 4.5% versus April 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 March 2019 YoY no change no change versus April 2018

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

55.5%

MoM +3.2 pp +6.0% up 3.2 pp, 6.0% versus March 2019 YoY +20.4% up 20.4% versus April 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.

2.0

MoM −0 −9.8% down 0, 9.8% versus March 2019 YoY −25.8% down 25.8% versus April 2018

Trend

13 months to April 2019

Average price

Halton Region average selling price over the 13 months ending April 2019.
Month Average price
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
Apr '19 855516

Sales

Halton Region sales over the 13 months ending April 2019.
Month Sales
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
Apr '19 965

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 965 +190 +24.5% up 190, 24.5% versus March 2019 $855,516 +$16,858 +2.0% up $16,858, 2.0% versus March 2019 $770,000 55.5% 2.0
Detached 526 +133 +33.8% up 133, 33.8% versus March 2019 $1,055,362 −$5,553 −0.5% down $5,553, 0.5% versus March 2019 $930,000 48.1% 2.5
Semi-detached 53 +16 +43.2% up 16, 43.2% versus March 2019 $693,671 −$12,648 −1.8% down $12,648, 1.8% versus March 2019 $695,000 56.4% 1.3
Att/row/townhouse 176 +19 +12.1% up 19, 12.1% versus March 2019 $700,421 −$12,680 −1.8% down $12,680, 1.8% versus March 2019 $675,000 64.2% 1.2
Condo townhouse 85 +20 +30.8% up 20, 30.8% versus March 2019 $518,933 −$31,193 −5.7% down $31,193, 5.7% versus March 2019 $495,000 71.4% 1.3
Condo apartment 114 +2 +1.8% up 2, 1.8% versus March 2019 $505,889 +$47,011 +10.2% up $47,011, 10.2% versus March 2019 $440,000 79.7% 1.8
Link 9 +2 +28.6% up 2, 28.6% versus March 2019 $716,667 −$34,262 −4.6% down $34,262, 4.6% versus March 2019 $749,000 75.0% 1.1
Co-op apartment 0 −1 −100.0% down 1, 100.0% versus March 2019 n/a not available, prior month not on file versus March 2019 0.0%
Detached condo 2 no change no change versus March 2019 $1,091,250 +$315,800 +40.7% up $315,800, 40.7% versus March 2019 $1,091,250 200.0% 0.5
Co-ownership apartment 0 −1 −100.0% down 1, 100.0% versus March 2019 n/a not available, prior month not on file versus March 2019

Movers within Halton Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Halton Hills +6.8% up 6.8%
  2. Burlington +4.0% up 4.0%
  3. Milton +2.0% up 2.0%
  4. Oakville +0.8% up 0.8%

Bottom 5

  1. Oakville +0.8% up 0.8%
  2. Milton +2.0% up 2.0%
  3. Burlington +4.0% up 4.0%
  4. Halton Hills +6.8% up 6.8%

Sales, month-over-month

Top 5

  1. Milton +32.5% up 32.5%
  2. Burlington +26.5% up 26.5%
  3. Oakville +20.8% up 20.8%
  4. Halton Hills +13.4% up 13.4%

Bottom 5

  1. Halton Hills +13.4% up 13.4%
  2. Oakville +20.8% up 20.8%
  3. Burlington +26.5% up 26.5%
  4. Milton +32.5% up 32.5%

Halton Region

Oakville

Oakville, Halton Region

$1,019,751

+$8,087 +0.8% up $8,087, 0.8% versus March 2019

Sales
343
SP/LP
97%
DOM
25
SNLR
46.2%

Full history →

Burlington

Burlington, Halton Region

$792,690

+$30,447 +4.0% up $30,447, 4.0% versus March 2019

Sales
272
SP/LP
98%
DOM
24
SNLR
61.7%

Full history →

Halton Hills

Halton Hills, Halton Region

$775,984

+$49,358 +6.8% up $49,358, 6.8% versus March 2019

Sales
93
SP/LP
98%
DOM
16
SNLR
58.1%

Full history →

Milton

Milton, Halton Region

$731,595

+$14,163 +2.0% up $14,163, 2.0% versus March 2019

Sales
257
SP/LP
99%
DOM
16
SNLR
65.2%

Full history →

All Halton Region areas

0 areas

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