Source: TRREB MarketWatch, June 2019

4 areas

Halton Region

June 2019

Headline indicators

All home types

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

$882,960

MoM +$27,324 +3.2% up $27,324, 3.2% versus May 2019 YoY +3.2% up 3.2% versus June 2018

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

$766,000

MoM +$3,500 +0.5% up $3,500, 0.5% versus May 2019 YoY +6.4% up 6.4% versus June 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 May 2019 YoY n/a not available, prior month not on file versus June 2018

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

907

MoM −108 −10.6% down 108, 10.6% versus May 2019 YoY +8.4% up 8.4% versus June 2018

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

$800.8M

MoM −$67,626,455 −7.8% down $67,626,455, 7.8% versus May 2019 YoY +11.9% up 11.9% versus June 2018

New listings — Properties newly listed during the month.

1,520

MoM −377 −19.9% down 377, 19.9% versus May 2019 YoY −0.9% down 0.9% versus June 2018

Active listings — Listings available at month end.

1,969

MoM −121 −5.8% down 121, 5.8% versus May 2019 YoY −13.1% down 13.1% versus June 2018

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

23

MoM +1 day +4.5% up 1 day, 4.5% versus May 2019 YoY −8.0% down 8.0% versus June 2018

Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.

99%

MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus May 2019 YoY +2.1% up 2.1% versus June 2018

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

59.7%

MoM +6.2 pp +11.5% up 6.2 pp, 11.5% versus May 2019 YoY +9.4% up 9.4% versus June 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 +0 +5.4% up 0, 5.4% versus May 2019 YoY −19.8% down 19.8% versus June 2018

Trend

13 months to June 2019

Average price

Halton Region average selling price over the 13 months ending June 2019.
Month Average price
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
May '19 855636
Jun '19 882960

Sales

Halton Region sales over the 13 months ending June 2019.
Month Sales
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
May '19 1015
Jun '19 907

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 907 −108 −10.6% down 108, 10.6% versus May 2019 $882,960 +$27,324 +3.2% up $27,324, 3.2% versus May 2019 $766,000 59.7% 2.2
Detached 498 −31 −5.9% down 31, 5.9% versus May 2019 $1,097,790 +$28,227 +2.6% up $28,227, 2.6% versus May 2019 $940,000 50.7% 2.8
Semi-detached 51 −5 −8.9% down 5, 8.9% versus May 2019 $728,348 +$8,889 +1.2% up $8,889, 1.2% versus May 2019 $720,000 72.9% 1.3
Att/row/townhouse 158 −35 −18.1% down 35, 18.1% versus May 2019 $690,457 −$10,656 −1.5% down $10,656, 1.5% versus May 2019 $660,000 68.1% 1.4
Condo townhouse 80 −11 −12.1% down 11, 12.1% versus May 2019 $555,176 −$4,523 −0.8% down $4,523, 0.8% versus May 2019 $525,000 74.8% 1.3
Condo apartment 107 −25 −18.9% down 25, 18.9% versus May 2019 $502,357 +$7,017 +1.4% up $7,017, 1.4% versus May 2019 $435,000 90.7% 1.5
Link 11 −1 −8.3% down 1, 8.3% versus May 2019 $761,064 −$28,519 −3.6% down $28,519, 3.6% versus May 2019 $634,900 122.2% 0.6
Co-op apartment 0 −2 −100.0% down 2, 100.0% versus May 2019 n/a not available, prior month not on file versus May 2019
Detached condo 2 +2 up 2 versus May 2019 $684,500 n/a not available, prior month not on file versus May 2019 $684,500 100.0% 1.0
Co-ownership apartment 0 no change no change versus May 2019 n/a not available, prior month not on file versus May 2019

Movers within Halton Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Oakville +7.8% up 7.8%
  2. Burlington +4.2% up 4.2%
  3. Milton +0.8% up 0.8%
  4. Halton Hills −4.5% down 4.5%

Bottom 5

  1. Halton Hills −4.5% down 4.5%
  2. Milton +0.8% up 0.8%
  3. Burlington +4.2% up 4.2%
  4. Oakville +7.8% up 7.8%

Sales, month-over-month

Top 5

  1. Halton Hills +14.7% up 14.7%
  2. Burlington −9.7% down 9.7%
  3. Milton −11.4% down 11.4%
  4. Oakville −17.3% down 17.3%

Bottom 5

  1. Oakville −17.3% down 17.3%
  2. Milton −11.4% down 11.4%
  3. Burlington −9.7% down 9.7%
  4. Halton Hills +14.7% up 14.7%

Halton Region

Oakville

Oakville, Halton Region

$1,072,135

+$77,759 +7.8% up $77,759, 7.8% versus May 2019

Sales
306
SP/LP
97%
DOM
26
SNLR
50.8%

Full history →

Burlington

Burlington, Halton Region

$802,275

+$32,124 +4.2% up $32,124, 4.2% versus May 2019

Sales
252
SP/LP
98%
DOM
26
SNLR
68.1%

Full history →

Milton

Milton, Halton Region

$775,964

+$6,014 +0.8% up $6,014, 0.8% versus May 2019

Sales
240
SP/LP
103%
DOM
17
SNLR
65.9%

Full history →

Halton Hills

Halton Hills, Halton Region

$774,004

−$36,767 −4.5% down $36,767, 4.5% versus May 2019

Sales
109
SP/LP
98%
DOM
23
SNLR
59.6%

Full history →

All Halton Region areas

0 areas

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