Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$899,220
MoM +$7,186 +0.8% up $7,186, 0.8% versus November 2019 YoY +7.5% up 7.5% versus December 2018
Source: TRREB MarketWatch, December 2019
4 areas
Halton Region
December 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.
$814,000
MoM +$23,500 +3.0% up $23,500, 3.0% versus November 2019 YoY +10.3% up 10.3% versus December 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 November 2019 YoY n/a not available, prior month not on file versus December 2018
Sales — Firm transactions reported through the MLS® System during the month.
382
MoM −286 −42.8% down 286, 42.8% versus November 2019 YoY +8.8% up 8.8% versus December 2018
Dollar volume — Total value of all sales in the month.
$343.5M
MoM −$252,376,368 −42.4% down $252,376,368, 42.4% versus November 2019 YoY +17.0% up 17.0% versus December 2018
New listings — Properties newly listed during the month.
279
MoM −529 −65.5% down 529, 65.5% versus November 2019 YoY −25.8% down 25.8% versus December 2018
Active listings — Listings available at month end.
703
MoM −471 −40.1% down 471, 40.1% versus November 2019 YoY −38.3% down 38.3% versus December 2018
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
30
MoM +4 days +15.4% up 4 days, 15.4% versus November 2019 YoY −21.1% down 21.1% versus December 2018
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
97%
MoM −1.0 pp −1.0% down 1.0 pp, 1.0% versus November 2019 YoY +1.0% up 1.0% versus December 2018
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
136.9%
MoM +54.2 pp +65.6% up 54.2 pp, 65.6% versus November 2019 YoY +46.7% up 46.7% versus December 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 +4.7% up 0, 4.7% versus November 2019 YoY −43.3% down 43.3% versus December 2018
Trend
13 months to December 2019
Average price
| Month | Average price |
|---|---|
| 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 |
| Dec '19 | 899220 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Dec '19 | 382 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 382 | −286 −42.8% down 286, 42.8% versus November 2019 | $899,220 | +$7,186 +0.8% up $7,186, 0.8% versus November 2019 | $814,000 | 136.9% | 1.8 |
| Detached | 206 | −163 −44.2% down 163, 44.2% versus November 2019 | $1,114,808 | +$7,917 +0.7% up $7,917, 0.7% versus November 2019 | $962,500 | 122.6% | 2.6 |
| Semi-detached | 18 | −16 −47.1% down 16, 47.1% versus November 2019 | $733,100 | +$7,847 +1.1% up $7,847, 1.1% versus November 2019 | $730,500 | 180.0% | 0.4 |
| Att/row/townhouse | 67 | −34 −33.7% down 34, 33.7% versus November 2019 | $755,516 | +$44,251 +6.2% up $44,251, 6.2% versus November 2019 | $740,000 | 142.6% | 0.8 |
| Condo townhouse | 30 | −38 −55.9% down 38, 55.9% versus November 2019 | $576,547 | +$19,347 +3.5% up $19,347, 3.5% versus November 2019 | $570,500 | 250.0% | 0.8 |
| Condo apartment | 59 | −30 −33.7% down 30, 33.7% versus November 2019 | $532,583 | +$9,788 +1.9% up $9,788, 1.9% versus November 2019 | $455,000 | 151.3% | 1.3 |
| Link | 2 | −2 −50.0% down 2, 50.0% versus November 2019 | $658,750 | −$387,750 −37.1% down $387,750, 37.1% versus November 2019 | $658,750 | 66.7% | 2.0 |
| Co-op apartment | 0 | −1 −100.0% down 1, 100.0% versus November 2019 | — | n/a not available, prior month not on file versus November 2019 | — | — | — |
| Detached condo | 0 | −2 −100.0% down 2, 100.0% versus November 2019 | — | n/a not available, prior month not on file versus November 2019 | — | — | — |
| Co-ownership apartment | 0 | no change no change versus November 2019 | — | n/a not available, prior month not on file versus November 2019 | — | — | — |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Halton Hills +0.3% up 0.3%
- Oakville +0.3% up 0.3%
- Milton +0.2% up 0.2%
- Burlington −3.6% down 3.6%
Bottom 5
- Burlington −3.6% down 3.6%
- Milton +0.2% up 0.2%
- Oakville +0.3% up 0.3%
- Halton Hills +0.3% up 0.3%
Sales, month-over-month
Top 5
- Oakville −34.6% down 34.6%
- Halton Hills −40.3% down 40.3%
- Milton −48.7% down 48.7%
- Burlington −49.2% down 49.2%
Bottom 5
- Burlington −49.2% down 49.2%
- Milton −48.7% down 48.7%
- Halton Hills −40.3% down 40.3%
- Oakville −34.6% down 34.6%
Halton Region
Oakville
Oakville, Halton Region
$1,064,127
+$2,780 +0.3% up $2,780, 0.3% versus November 2019
- Sales
- 157
- SP/LP
- 97%
- DOM
- 34
- SNLR
- 142.7%
Burlington
Burlington, Halton Region
$788,859
−$29,318 −3.6% down $29,318, 3.6% versus November 2019
- Sales
- 99
- SP/LP
- 97%
- DOM
- 32
- SNLR
- 143.5%
Milton
Milton, Halton Region
$787,929
+$1,534 +0.2% up $1,534, 0.2% versus November 2019
- Sales
- 80
- SP/LP
- 99%
- DOM
- 23
- SNLR
- 119.4%
Halton Hills
Halton Hills, Halton Region
$767,454
+$2,087 +0.3% up $2,087, 0.3% versus November 2019
- Sales
- 46
- SP/LP
- 98%
- DOM
- 28
- SNLR
- 139.4%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|