Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$995,218
MoM +$72,385 +7.8% up $72,385, 7.8% versus May 2020 YoY +12.7% up 12.7% versus June 2019
Source: TRREB MarketWatch, June 2020
4 areas
Halton Region
June 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.
$869,950
MoM +$39,950 +4.8% up $39,950, 4.8% versus May 2020 YoY +13.6% up 13.6% versus June 2019
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$961,300
MoM +$15,200 +1.6% up $15,200, 1.6% versus May 2020 YoY +9.9% up 9.9% versus June 2019
Sales — Firm transactions reported through the MLS® System during the month.
990
MoM +493 +99.2% up 493, 99.2% versus May 2020 YoY +9.2% up 9.2% versus June 2019
Dollar volume — Total value of all sales in the month.
$985.3M
MoM +$526,618,026 +114.8% up $526,618,026, 114.8% versus May 2020 YoY +23.0% up 23.0% versus June 2019
New listings — Properties newly listed during the month.
1,595
MoM +758 +90.6% up 758, 90.6% versus May 2020 YoY +4.9% up 4.9% versus June 2019
Active listings — Listings available at month end.
1,337
MoM +202 +17.8% up 202, 17.8% versus May 2020 YoY −32.1% down 32.1% versus June 2019
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
20
MoM −7 days −25.9% down 7 days, 25.9% versus May 2020 YoY n/a not available, prior month not on file versus June 2019
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
28
MoM −6 days −17.6% down 6 days, 17.6% versus May 2020 YoY n/a not available, prior month not on file versus June 2019
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
98%
MoM no change no change versus May 2020 YoY −1.0% down 1.0% versus June 2019
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
62.1%
MoM +2.7 pp +4.5% up 2.7 pp, 4.5% versus May 2020 YoY +4.0% up 4.0% versus June 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.
1.4
MoM −1 −40.9% down 1, 40.9% versus May 2020 YoY −37.8% down 37.8% versus June 2019
Trend
13 months to June 2020
Average price
| Month | Average price |
|---|---|
| Jun '19 | 882960 |
| Jul '19 | 884467 |
| Aug '19 | 857417 |
| Sep '19 | 908053 |
| Oct '19 | 891908 |
| Nov '19 | 892034 |
| Dec '19 | 899220 |
| Jan '20 | 931782 |
| Feb '20 | 977617 |
| Mar '20 | 933413 |
| Apr '20 | 870966 |
| May '20 | 922833 |
| Jun '20 | 995218 |
Sales
| Month | Sales |
|---|---|
| Jun '19 | 907 |
| Jul '19 | 866 |
| Aug '19 | 754 |
| Sep '19 | 668 |
| Oct '19 | 750 |
| Nov '19 | 668 |
| Dec '19 | 382 |
| Jan '20 | 455 |
| Feb '20 | 769 |
| Mar '20 | 819 |
| Apr '20 | 338 |
| May '20 | 497 |
| Jun '20 | 990 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 990 | +493 +99.2% up 493, 99.2% versus May 2020 | $995,218 | +$72,385 +7.8% up $72,385, 7.8% versus May 2020 | $869,950 | 62.1% | 1.4 |
| Detached | 583 | +311 +114.3% up 311, 114.3% versus May 2020 | $1,213,517 | +$84,386 +7.5% up $84,386, 7.5% versus May 2020 | $1,060,000 | 62.1% | 1.5 |
| Semi-detached | 46 | +21 +84.0% up 21, 84.0% versus May 2020 | $788,584 | +$2,336 +0.3% up $2,336, 0.3% versus May 2020 | $781,000 | 67.7% | 0.7 |
| Att/row/townhouse | 164 | +71 +76.3% up 71, 76.3% versus May 2020 | $781,439 | +$14,244 +1.9% up $14,244, 1.9% versus May 2020 | $754,500 | 64.1% | 0.9 |
| Condo townhouse | 93 | +43 +86.0% up 43, 86.0% versus May 2020 | $621,437 | +$43,265 +7.5% up $43,265, 7.5% versus May 2020 | $590,000 | 69.9% | 0.9 |
| Condo apartment | 97 | +47 +94.0% up 47, 94.0% versus May 2020 | $519,725 | +$3,795 +0.7% up $3,795, 0.7% versus May 2020 | $494,000 | 50.0% | 1.8 |
| Link | 5 | −1 −16.7% down 1, 16.7% versus May 2020 | $909,600 | +$158,917 +21.2% up $158,917, 21.2% versus May 2020 | $938,000 | 125.0% | 1.0 |
| Co-op apartment | 2 | +2 up 2 versus May 2020 | $300,000 | +$300,000 up $300,000 versus May 2020 | $300,000 | 100.0% | 1.5 |
| Detached condo | 0 | −1 −100.0% down 1, 100.0% versus May 2020 | $0 | −$1,310,000 −100.0% down $1,310,000, 100.0% versus May 2020 | — | — | — |
| Co-ownership apartment | 0 | no change no change versus May 2020 | $0 | no change no change versus May 2020 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 296.4 | $961,300 | +9.9% up 9.9% |
| Single-family detached | 293.8 | $1,083,600 | +8.9% up 8.9% |
| Single-family attached | 307.7 | $787,200 | +9.9% up 9.9% |
| Townhouse | 317.8 | $611,100 | +11.7% up 11.7% |
| Apartment | 272.6 | $555,400 | +11.3% up 11.3% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Oakville +13.3% up 13.3%
- Milton +7.7% up 7.7%
- Burlington +2.5% up 2.5%
- Halton Hills −3.0% down 3.0%
Bottom 5
- Halton Hills −3.0% down 3.0%
- Burlington +2.5% up 2.5%
- Milton +7.7% up 7.7%
- Oakville +13.3% up 13.3%
Sales, month-over-month
Top 5
- Oakville +116.1% up 116.1%
- Halton Hills +95.3% up 95.3%
- Milton +91.6% up 91.6%
- Burlington +90.8% up 90.8%
Bottom 5
- Burlington +90.8% up 90.8%
- Milton +91.6% up 91.6%
- Halton Hills +95.3% up 95.3%
- Oakville +116.1% up 116.1%
Halton Region
Oakville
Oakville, Halton Region
$1,249,685
+$146,342 +13.3% up $146,342, 13.3% versus May 2020
- Sales
- 322
- SP/LP
- 97%
- DOM
- 23
- SNLR
- 51.4%
Burlington
Burlington, Halton Region
$900,697
+$22,111 +2.5% up $22,111, 2.5% versus May 2020
- Sales
- 292
- SP/LP
- 100%
- DOM
- 19
- SNLR
- 67.0%
Halton Hills
Halton Hills, Halton Region
$885,187
−$27,496 −3.0% down $27,496, 3.0% versus May 2020
- Sales
- 125
- SP/LP
- 98%
- DOM
- 18
- SNLR
- 71.4%
Milton
Milton, Halton Region
$833,527
+$59,371 +7.7% up $59,371, 7.7% versus May 2020
- Sales
- 251
- SP/LP
- 99%
- DOM
- 17
- SNLR
- 70.3%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|