Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,031,721
MoM +$40,538 +4.1% up $40,538, 4.1% versus July 2020 YoY +20.3% up 20.3% versus August 2019
Source: TRREB MarketWatch, August 2020
4 areas
Halton Region
August 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.
$900,000
MoM +$37,500 +4.3% up $37,500, 4.3% versus July 2020 YoY +19.2% up 19.2% versus August 2019
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$988,600
MoM +$19,800 +2.0% up $19,800, 2.0% versus July 2020 YoY +12.3% up 12.3% versus August 2019
Sales — Firm transactions reported through the MLS® System during the month.
1,126
MoM −72 −6.0% down 72, 6.0% versus July 2020 YoY +49.3% up 49.3% versus August 2019
Dollar volume — Total value of all sales in the month.
$1.16B
MoM −$25,719,589 −2.2% down $25,719,589, 2.2% versus July 2020 YoY +79.7% up 79.7% versus August 2019
New listings — Properties newly listed during the month.
1,500
MoM −119 −7.4% down 119, 7.4% versus July 2020 YoY +48.1% up 48.1% versus August 2019
Active listings — Listings available at month end.
1,306
MoM +7 +0.5% up 7, 0.5% versus July 2020 YoY −12.9% down 12.9% versus August 2019
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
17
MoM −1 day −5.6% down 1 day, 5.6% versus July 2020 YoY n/a not available, prior month not on file versus August 2019
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
24
MoM −2 days −7.7% down 2 days, 7.7% versus July 2020 YoY n/a not available, prior month not on file versus August 2019
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
100%
MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus July 2020 YoY +2.0% up 2.0% versus August 2019
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
75.1%
MoM +1.1 pp +1.4% up 1.1 pp, 1.4% versus July 2020 YoY +0.9% up 0.9% versus August 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.
1.2
MoM +0 +7.0% up 0, 7.0% versus July 2020 YoY −41.7% down 41.7% versus August 2019
Trend
13 months to August 2020
Average price
| Month | Average price |
|---|---|
| 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 |
| Jul '20 | 991183 |
| Aug '20 | 1031721 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Jul '20 | 1198 |
| Aug '20 | 1126 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,126 | −72 −6.0% down 72, 6.0% versus July 2020 | $1,031,721 | +$40,538 +4.1% up $40,538, 4.1% versus July 2020 | $900,000 | 75.1% | 1.2 |
| Detached | 628 | −41 −6.1% down 41, 6.1% versus July 2020 | $1,283,651 | +$57,551 +4.7% up $57,551, 4.7% versus July 2020 | $1,139,000 | 77.0% | 1.3 |
| Semi-detached | 61 | −4 −6.2% down 4, 6.2% versus July 2020 | $801,386 | −$3,960 −0.5% down $3,960, 0.5% versus July 2020 | $793,000 | 79.2% | 0.6 |
| Att/row/townhouse | 192 | −15 −7.2% down 15, 7.2% versus July 2020 | $800,183 | +$10,709 +1.4% up $10,709, 1.4% versus July 2020 | $758,250 | 78.7% | 0.7 |
| Condo townhouse | 102 | −3 −2.9% down 3, 2.9% versus July 2020 | $698,072 | +$63,601 +10.0% up $63,601, 10.0% versus July 2020 | $615,000 | 64.6% | 1.2 |
| Condo apartment | 135 | −7 −4.9% down 7, 4.9% versus July 2020 | $555,574 | +$7,621 +1.4% up $7,621, 1.4% versus July 2020 | $495,000 | 68.9% | 1.6 |
| Link | 8 | no change no change versus July 2020 | $857,388 | +$113,575 +15.3% up $113,575, 15.3% versus July 2020 | $820,550 | 100.0% | 0.6 |
| Co-op apartment | 0 | −1 −100.0% down 1, 100.0% versus July 2020 | $0 | −$262,777 −100.0% down $262,777, 100.0% versus July 2020 | — | — | — |
| Detached condo | 0 | −1 −100.0% down 1, 100.0% versus July 2020 | $0 | −$765,500 −100.0% down $765,500, 100.0% versus July 2020 | — | 0.0% | — |
| Co-ownership apartment | 0 | no change no change versus July 2020 | $0 | no change no change versus July 2020 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 304.8 | $988,600 | +12.3% up 12.3% |
| Single-family detached | 305.9 | $1,128,300 | +12.6% up 12.6% |
| Single-family attached | 313.7 | $802,600 | +13.1% up 13.1% |
| Townhouse | 333.1 | $640,500 | +14.7% up 14.7% |
| Apartment | 279.5 | $569,400 | +12.5% up 12.5% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Halton Hills +6.6% up 6.6%
- Oakville +4.4% up 4.4%
- Milton +2.7% up 2.7%
- Burlington −1.6% down 1.6%
Bottom 5
- Burlington −1.6% down 1.6%
- Milton +2.7% up 2.7%
- Oakville +4.4% up 4.4%
- Halton Hills +6.6% up 6.6%
Sales, month-over-month
Top 5
- Oakville +5.2% up 5.2%
- Milton −5.0% down 5.0%
- Halton Hills −9.5% down 9.5%
- Burlington −17.3% down 17.3%
Bottom 5
- Burlington −17.3% down 17.3%
- Halton Hills −9.5% down 9.5%
- Milton −5.0% down 5.0%
- Oakville +5.2% up 5.2%
Halton Region
Oakville
Oakville, Halton Region
$1,276,341
+$54,204 +4.4% up $54,204, 4.4% versus July 2020
- Sales
- 407
- SP/LP
- 99%
- DOM
- 22
- SNLR
- 69.5%
Halton Hills
Halton Hills, Halton Region
$952,656
+$58,696 +6.6% up $58,696, 6.6% versus July 2020
- Sales
- 133
- SP/LP
- 100%
- DOM
- 12
- SNLR
- 85.3%
Burlington
Burlington, Halton Region
$892,819
−$14,242 −1.6% down $14,242, 1.6% versus July 2020
- Sales
- 302
- SP/LP
- 100%
- DOM
- 17
- SNLR
- 74.8%
Milton
Milton, Halton Region
$865,887
+$23,143 +2.7% up $23,143, 2.7% versus July 2020
- Sales
- 284
- SP/LP
- 101%
- DOM
- 13
- SNLR
- 80.2%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|