Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$931,782
MoM +$32,562 +3.6% up $32,562, 3.6% versus December 2019 YoY +9.0% up 9.0% versus January 2019
Source: TRREB MarketWatch, January 2020
4 areas
Halton Region
January 2020
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$840,000
MoM +$26,000 +3.2% up $26,000, 3.2% versus December 2019 YoY +11.6% up 11.6% versus January 2019
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$925,100
MoM n/a not available, prior month not on file versus December 2019 YoY +11.1% up 11.1% versus January 2019
Sales — Firm transactions reported through the MLS® System during the month.
455
MoM +73 +19.1% up 73, 19.1% versus December 2019 YoY +7.1% up 7.1% versus January 2019
Dollar volume — Total value of all sales in the month.
$424.0M
MoM +$80,458,765 +23.4% up $80,458,765, 23.4% versus December 2019 YoY +16.7% up 16.7% versus January 2019
New listings — Properties newly listed during the month.
809
MoM +530 +190.0% up 530, 190.0% versus December 2019 YoY −17.4% down 17.4% versus January 2019
Active listings — Listings available at month end.
804
MoM +101 +14.4% up 101, 14.4% versus December 2019 YoY −36.4% down 36.4% versus January 2019
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
29
MoM n/a not available, prior month not on file versus December 2019 YoY n/a not available, prior month not on file versus January 2019
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
41
MoM n/a not available, prior month not on file versus December 2019 YoY n/a not available, prior month not on file versus January 2019
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 December 2019 YoY +1.0% up 1.0% versus January 2019
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
56.2%
MoM −80.7 pp −58.9% down 80.7 pp, 58.9% versus December 2019 YoY +29.7% up 29.7% versus January 2019
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 −4.0% down 0, 4.0% versus December 2019 YoY −40.6% down 40.6% versus January 2019
Trend
13 months to January 2020
Average price
| Month | Average price |
|---|---|
| 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 |
| Jan '20 | 931782 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Jan '20 | 455 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 455 | +73 +19.1% up 73, 19.1% versus December 2019 | $931,782 | +$32,562 +3.6% up $32,562, 3.6% versus December 2019 | $840,000 | 56.2% | 1.8 |
| Detached | 263 | +57 +27.7% up 57, 27.7% versus December 2019 | $1,138,306 | +$23,498 +2.1% up $23,498, 2.1% versus December 2019 | $999,999 | 50.8% | 2.3 |
| Semi-detached | 17 | −1 −5.6% down 1, 5.6% versus December 2019 | $764,270 | +$31,170 +4.3% up $31,170, 4.3% versus December 2019 | $765,000 | 41.5% | 1.7 |
| Att/row/townhouse | 80 | +13 +19.4% up 13, 19.4% versus December 2019 | $750,889 | −$4,627 −0.6% down $4,627, 0.6% versus December 2019 | $741,000 | 87.0% | 0.6 |
| Condo townhouse | 36 | +6 +20.0% up 6, 20.0% versus December 2019 | $589,094 | +$12,547 +2.2% up $12,547, 2.2% versus December 2019 | $567,500 | 55.4% | 1.1 |
| Condo apartment | 55 | −4 −6.8% down 4, 6.8% versus December 2019 | $491,962 | −$40,621 −7.6% down $40,621, 7.6% versus December 2019 | $460,000 | 65.5% | 1.5 |
| Link | 4 | +2 +100.0% up 2, 100.0% versus December 2019 | $814,375 | +$155,625 +23.6% up $155,625, 23.6% versus December 2019 | $800,750 | 57.1% | 1.3 |
| Co-op apartment | 0 | no change no change versus December 2019 | $0 | n/a not available, prior month not on file versus December 2019 | — | 0.0% | — |
| Detached condo | 0 | no change no change versus December 2019 | $0 | n/a not available, prior month not on file versus December 2019 | — | — | — |
| Co-ownership apartment | 0 | no change no change versus December 2019 | $0 | n/a not available, prior month not on file versus December 2019 | — | 0.0% | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 286.9 | $925,100 | +11.1% up 11.1% |
| Single-family detached | 283.3 | $1,044,900 | +10.3% up 10.3% |
| Single-family attached | 291.4 | $745,500 | +8.3% up 8.3% |
| Townhouse | 317.8 | $586,200 | +12.9% up 12.9% |
| Apartment | 270.4 | $500,100 | +16.5% up 16.5% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Burlington +7.0% up 7.0%
- Halton Hills +6.0% up 6.0%
- Oakville +3.8% up 3.8%
- Milton +0.4% up 0.4%
Bottom 5
- Milton +0.4% up 0.4%
- Oakville +3.8% up 3.8%
- Halton Hills +6.0% up 6.0%
- Burlington +7.0% up 7.0%
Sales, month-over-month
Top 5
- Halton Hills +26.1% up 26.1%
- Burlington +24.2% up 24.2%
- Milton +18.8% up 18.8%
- Oakville +14.0% up 14.0%
Bottom 5
- Oakville +14.0% up 14.0%
- Milton +18.8% up 18.8%
- Burlington +24.2% up 24.2%
- Halton Hills +26.1% up 26.1%
Halton Region
Oakville
Oakville, Halton Region
$1,104,796
+$40,669 +3.8% up $40,669, 3.8% versus December 2019
- Sales
- 179
- SP/LP
- 98%
- DOM
- 33
- SNLR
- 51.1%
Burlington
Burlington, Halton Region
$844,387
+$55,528 +7.0% up $55,528, 7.0% versus December 2019
- Sales
- 123
- SP/LP
- 99%
- DOM
- 29
- SNLR
- 51.9%
Halton Hills
Halton Hills, Halton Region
$813,458
+$46,004 +6.0% up $46,004, 6.0% versus December 2019
- Sales
- 58
- SP/LP
- 99%
- DOM
- 29
- SNLR
- 64.4%
Milton
Milton, Halton Region
$791,183
+$3,254 +0.4% up $3,254, 0.4% versus December 2019
- Sales
- 95
- SP/LP
- 100%
- DOM
- 19
- SNLR
- 72.0%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|