Source: TRREB MarketWatch, November 2019

4 areas

Halton Region

November 2019

Headline indicators

All home types

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

$892,034

MoM +$126 +0.0% up $126, 0.0% versus October 2019 YoY +5.5% up 5.5% versus November 2018

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

$790,500

MoM +$500 +0.1% up $500, 0.1% versus October 2019 YoY +9.0% up 9.0% versus November 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 October 2019 YoY n/a not available, prior month not on file versus November 2018

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

668

MoM −82 −10.9% down 82, 10.9% versus October 2019 YoY +25.8% up 25.8% versus November 2018

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

$595.9M

MoM −$73,052,606 −10.9% down $73,052,606, 10.9% versus October 2019 YoY +32.7% up 32.7% versus November 2018

New listings — Properties newly listed during the month.

808

MoM −295 −26.7% down 295, 26.7% versus October 2019 YoY −12.8% down 12.8% versus November 2018

Active listings — Listings available at month end.

1,174

MoM −289 −19.8% down 289, 19.8% versus October 2019 YoY −27.8% down 27.8% versus November 2018

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

26

MoM +1 day +4.0% up 1 day, 4.0% versus October 2019 YoY −18.8% down 18.8% versus November 2018

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

98%

MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus October 2019 YoY +1.0% up 1.0% versus November 2018

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

82.7%

MoM +14.7 pp +21.6% up 14.7 pp, 21.6% versus October 2019 YoY +44.3% up 44.3% versus November 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.

1.8

MoM −0 −9.9% down 0, 9.9% versus October 2019 YoY −42.6% down 42.6% versus November 2018

Trend

13 months to November 2019

Average price

Halton Region average selling price over the 13 months ending November 2019.
Month Average price
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
Nov '19 892034

Sales

Halton Region sales over the 13 months ending November 2019.
Month Sales
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
Nov '19 668

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 668 −82 −10.9% down 82, 10.9% versus October 2019 $892,034 +$126 +0.0% up $126, 0.0% versus October 2019 $790,500 82.7% 1.8
Detached 369 −48 −11.5% down 48, 11.5% versus October 2019 $1,106,891 +$13,378 +1.2% up $13,378, 1.2% versus October 2019 $998,000 75.0% 2.4
Semi-detached 34 −8 −19.0% down 8, 19.0% versus October 2019 $725,253 +$26,682 +3.8% up $26,682, 3.8% versus October 2019 $730,000 109.7% 0.7
Att/row/townhouse 101 −22 −17.9% down 22, 17.9% versus October 2019 $711,265 −$3,878 −0.5% down $3,878, 0.5% versus October 2019 $679,900 84.9% 1.0
Condo townhouse 68 −1 −1.4% down 1, 1.4% versus October 2019 $557,200 −$14,383 −2.5% down $14,383, 2.5% versus October 2019 $529,000 111.5% 0.7
Condo apartment 89 −2 −2.2% down 2, 2.2% versus October 2019 $522,795 −$41,106 −7.3% down $41,106, 7.3% versus October 2019 $485,000 89.9% 1.3
Link 4 −2 −33.3% down 2, 33.3% versus October 2019 $1,046,500 +$341,849 +48.5% up $341,849, 48.5% versus October 2019 $816,000 80.0% 1.0
Co-op apartment 1 −1 −50.0% down 1, 50.0% versus October 2019 $405,000 +$79,250 +24.3% up $79,250, 24.3% versus October 2019 $405,000 0.0
Detached condo 2 +2 up 2 versus October 2019 $965,000 n/a not available, prior month not on file versus October 2019 $965,000 200.0% 0.5
Co-ownership apartment 0 no change no change versus October 2019 n/a not available, prior month not on file versus October 2019

Movers within Halton Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Halton Hills +3.6% up 3.6%
  2. Milton +1.3% up 1.3%
  3. Oakville +0.8% up 0.8%
  4. Burlington −0.5% down 0.5%

Bottom 5

  1. Burlington −0.5% down 0.5%
  2. Oakville +0.8% up 0.8%
  3. Milton +1.3% up 1.3%
  4. Halton Hills +3.6% up 3.6%

Sales, month-over-month

Top 5

  1. Burlington −4.4% down 4.4%
  2. Milton −6.6% down 6.6%
  3. Halton Hills −12.5% down 12.5%
  4. Oakville −17.5% down 17.5%

Bottom 5

  1. Oakville −17.5% down 17.5%
  2. Halton Hills −12.5% down 12.5%
  3. Milton −6.6% down 6.6%
  4. Burlington −4.4% down 4.4%

Halton Region

Oakville

Oakville, Halton Region

$1,061,347

+$8,029 +0.8% up $8,029, 0.8% versus October 2019

Sales
240
SP/LP
97%
DOM
29
SNLR
71.6%

Full history →

Burlington

Burlington, Halton Region

$818,177

−$4,219 −0.5% down $4,219, 0.5% versus October 2019

Sales
195
SP/LP
98%
DOM
27
SNLR
87.4%

Full history →

Milton

Milton, Halton Region

$786,395

+$10,001 +1.3% up $10,001, 1.3% versus October 2019

Sales
156
SP/LP
99%
DOM
20
SNLR
100.7%

Full history →

Halton Hills

Halton Hills, Halton Region

$765,367

+$26,855 +3.6% up $26,855, 3.6% versus October 2019

Sales
77
SP/LP
98%
DOM
24
SNLR
81.0%

Full history →

All Halton Region areas

0 areas

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