Source: TRREB MarketWatch, October 2019

4 areas

Halton Region

October 2019

Headline indicators

All home types

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

$891,908

MoM −$16,145 −1.8% down $16,145, 1.8% versus September 2019 YoY +0.7% up 0.7% versus October 2018

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

$790,000

MoM +$10,000 +1.3% up $10,000, 1.3% versus September 2019 YoY +8.1% up 8.1% versus October 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 September 2019 YoY n/a not available, prior month not on file versus October 2018

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

750

MoM +82 +12.3% up 82, 12.3% versus September 2019 YoY +1.9% up 1.9% versus October 2018

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

$668.9M

MoM +$62,351,957 +10.3% up $62,351,957, 10.3% versus September 2019 YoY +2.6% up 2.6% versus October 2018

New listings — Properties newly listed during the month.

1,103

MoM −292 −20.9% down 292, 20.9% versus September 2019 YoY −18.6% down 18.6% versus October 2018

Active listings — Listings available at month end.

1,463

MoM −217 −12.9% down 217, 12.9% versus September 2019 YoY −20.2% down 20.2% versus October 2018

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

25

MoM no change no change versus September 2019 YoY −7.4% down 7.4% versus October 2018

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 September 2019 YoY no change no change versus October 2018

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

68.0%

MoM +20.1 pp +42.0% up 20.1 pp, 42.0% versus September 2019 YoY +25.2% up 25.2% versus October 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.

1.9

MoM −1 −22.4% down 1, 22.4% versus September 2019 YoY −21.7% down 21.7% versus October 2018

Trend

13 months to October 2019

Average price

Halton Region average selling price over the 13 months ending October 2019.
Month Average price
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
Jul '19 884467
Aug '19 857417
Sep '19 908053
Oct '19 891908

Sales

Halton Region sales over the 13 months ending October 2019.
Month Sales
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
Jul '19 866
Aug '19 754
Sep '19 668
Oct '19 750

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 750 +82 +12.3% up 82, 12.3% versus September 2019 $891,908 −$16,145 −1.8% down $16,145, 1.8% versus September 2019 $790,000 68.0% 1.9
Detached 417 +76 +22.3% up 76, 22.3% versus September 2019 $1,093,513 −$58,248 −5.1% down $58,248, 5.1% versus September 2019 $951,000 59.8% 2.6
Semi-detached 42 +1 +2.4% up 1, 2.4% versus September 2019 $698,571 −$36,739 −5.0% down $36,739, 5.0% versus September 2019 $709,750 89.4% 0.8
Att/row/townhouse 123 −10 −7.5% down 10, 7.5% versus September 2019 $715,143 −$29,161 −3.9% down $29,161, 3.9% versus September 2019 $680,000 82.5% 1.0
Condo townhouse 69 +14 +25.5% up 14, 25.5% versus September 2019 $571,583 −$44,366 −7.2% down $44,366, 7.2% versus September 2019 $544,022 89.6% 1.1
Condo apartment 91 +1 +1.1% up 1, 1.1% versus September 2019 $563,901 +$59,730 +11.8% up $59,730, 11.8% versus September 2019 $468,000 74.0% 1.5
Link 6 −1 −14.3% down 1, 14.3% versus September 2019 $704,651 −$15,078 −2.1% down $15,078, 2.1% versus September 2019 $716,453 85.7% 1.0
Co-op apartment 2 +1 +100.0% up 1, 100.0% versus September 2019 $325,750 −$72,250 −18.2% down $72,250, 18.2% versus September 2019 $325,750 200.0% 0.5
Detached condo 0 no change no change versus September 2019 n/a not available, prior month not on file versus September 2019 0.0%
Co-ownership apartment 0 no change no change versus September 2019 n/a not available, prior month not on file versus September 2019

Movers within Halton Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Milton +4.7% up 4.7%
  2. Burlington +0.2% up 0.2%
  3. Oakville −7.2% down 7.2%
  4. Halton Hills −12.2% down 12.2%

Bottom 5

  1. Halton Hills −12.2% down 12.2%
  2. Oakville −7.2% down 7.2%
  3. Burlington +0.2% up 0.2%
  4. Milton +4.7% up 4.7%

Sales, month-over-month

Top 5

  1. Halton Hills +31.3% up 31.3%
  2. Oakville +29.9% up 29.9%
  3. Burlington −1.0% down 1.0%
  4. Milton −2.3% down 2.3%

Bottom 5

  1. Milton −2.3% down 2.3%
  2. Burlington −1.0% down 1.0%
  3. Oakville +29.9% up 29.9%
  4. Halton Hills +31.3% up 31.3%

Halton Region

Oakville

Oakville, Halton Region

$1,053,318

−$82,017 −7.2% down $82,017, 7.2% versus September 2019

Sales
291
SP/LP
97%
DOM
28
SNLR
63.0%

Full history →

Burlington

Burlington, Halton Region

$822,396

+$1,827 +0.2% up $1,827, 0.2% versus September 2019

Sales
204
SP/LP
98%
DOM
24
SNLR
68.2%

Full history →

Milton

Milton, Halton Region

$776,394

+$34,565 +4.7% up $34,565, 4.7% versus September 2019

Sales
167
SP/LP
99%
DOM
18
SNLR
75.6%

Full history →

Halton Hills

Halton Hills, Halton Region

$738,512

−$102,894 −12.2% down $102,894, 12.2% versus September 2019

Sales
88
SP/LP
97%
DOM
28
SNLR
72.7%

Full history →

All Halton Region areas

0 areas

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