Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,057,155
MoM −$30,704 −2.8% down $30,704, 2.8% versus September 2020 YoY +18.5% up 18.5% versus October 2019
Source: TRREB MarketWatch, October 2020
4 areas
Halton Region
October 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.
$910,000
MoM −$20,000 −2.2% down $20,000, 2.2% versus September 2020 YoY +15.2% up 15.2% versus October 2019
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,007,700
MoM −$7,100 −0.7% down $7,100, 0.7% versus September 2020 YoY +12.3% up 12.3% versus October 2019
Sales — Firm transactions reported through the MLS® System during the month.
1,117
MoM −47 −4.0% down 47, 4.0% versus September 2020 YoY +48.9% up 48.9% versus October 2019
Dollar volume — Total value of all sales in the month.
$1.18B
MoM −$85,426,145 −6.7% down $85,426,145, 6.7% versus September 2020 YoY +76.5% up 76.5% versus October 2019
New listings — Properties newly listed during the month.
1,408
MoM −223 −13.7% down 223, 13.7% versus September 2020 YoY +27.7% up 27.7% versus October 2019
Active listings — Listings available at month end.
1,124
MoM −156 −12.2% down 156, 12.2% versus September 2020 YoY −23.2% down 23.2% versus October 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 September 2020 YoY n/a not available, prior month not on file versus October 2019
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
24
MoM +1 day +4.3% up 1 day, 4.3% versus September 2020 YoY n/a not available, prior month not on file versus October 2019
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
100%
MoM no change no change versus September 2020 YoY +3.1% up 3.1% versus October 2019
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
79.3%
MoM +8.0 pp +11.2% up 8.0 pp, 11.2% versus September 2020 YoY +16.7% up 16.7% versus October 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.
1.0
MoM −0 −8.5% down 0, 8.5% versus September 2020 YoY −48.4% down 48.4% versus October 2019
Trend
13 months to October 2020
Average price
| Month | Average price |
|---|---|
| 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 |
| Sep '20 | 1087859 |
| Oct '20 | 1057155 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Sep '20 | 1164 |
| Oct '20 | 1117 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,117 | −47 −4.0% down 47, 4.0% versus September 2020 | $1,057,155 | −$30,704 −2.8% down $30,704, 2.8% versus September 2020 | $910,000 | 79.3% | 1.0 |
| Detached | 614 | −53 −7.9% down 53, 7.9% versus September 2020 | $1,336,796 | −$26,655 −2.0% down $26,655, 2.0% versus September 2020 | $1,170,214 | 80.8% | 1.1 |
| Semi-detached | 50 | −25 −33.3% down 25, 33.3% versus September 2020 | $822,474 | +$19,611 +2.4% up $19,611, 2.4% versus September 2020 | $814,000 | 82.0% | 0.6 |
| Att/row/townhouse | 184 | +5 +2.8% up 5, 2.8% versus September 2020 | $836,242 | +$15,440 +1.9% up $15,440, 1.9% versus September 2020 | $795,893 | 91.5% | 0.6 |
| Condo townhouse | 114 | +6 +5.6% up 6, 5.6% versus September 2020 | $630,034 | −$4,920 −0.8% down $4,920, 0.8% versus September 2020 | $590,000 | 68.7% | 1.1 |
| Condo apartment | 145 | +23 +18.9% up 23, 18.9% versus September 2020 | $581,407 | +$709 +0.1% up $709, 0.1% versus September 2020 | $500,000 | 69.7% | 1.4 |
| Link | 8 | −3 −27.3% down 3, 27.3% versus September 2020 | $876,375 | +$34,375 +4.1% up $34,375, 4.1% versus September 2020 | $877,000 | 88.9% | 0.3 |
| Co-op apartment | 0 | −1 −100.0% down 1, 100.0% versus September 2020 | $0 | −$324,900 −100.0% down $324,900, 100.0% versus September 2020 | — | — | — |
| Detached condo | 2 | +1 +100.0% up 1, 100.0% versus September 2020 | $959,000 | +$258,000 +36.8% up $258,000, 36.8% versus September 2020 | $959,000 | 66.7% | 1.0 |
| Co-ownership apartment | 0 | no change no change versus September 2020 | $0 | no change no change versus September 2020 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 310.7 | $1,007,700 | +12.3% up 12.3% |
| Single-family detached | 313.3 | $1,155,600 | +12.7% up 12.7% |
| Single-family attached | 323.6 | $827,900 | +13.8% up 13.8% |
| Townhouse | 338.2 | $650,300 | +14.6% up 14.6% |
| Apartment | 277.2 | $564,700 | +11.1% up 11.1% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Milton +0.7% up 0.7%
- Burlington +0.1% up 0.1%
- Halton Hills −0.4% down 0.4%
- Oakville −6.9% down 6.9%
Bottom 5
- Oakville −6.9% down 6.9%
- Halton Hills −0.4% down 0.4%
- Burlington +0.1% up 0.1%
- Milton +0.7% up 0.7%
Sales, month-over-month
Top 5
- Burlington +3.9% up 3.9%
- Oakville −3.0% down 3.0%
- Halton Hills −11.6% down 11.6%
- Milton −12.3% down 12.3%
Bottom 5
- Milton −12.3% down 12.3%
- Halton Hills −11.6% down 11.6%
- Oakville −3.0% down 3.0%
- Burlington +3.9% up 3.9%
Halton Region
Oakville
Oakville, Halton Region
$1,313,481
−$97,001 −6.9% down $97,001, 6.9% versus September 2020
- Sales
- 390
- SP/LP
- 98%
- DOM
- 21
- SNLR
- 69.3%
Halton Hills
Halton Hills, Halton Region
$935,612
−$3,358 −0.4% down $3,358, 0.4% versus September 2020
- Sales
- 107
- SP/LP
- 101%
- DOM
- 14
- SNLR
- 77.5%
Burlington
Burlington, Halton Region
$917,013
+$1,019 +0.1% up $1,019, 0.1% versus September 2020
- Sales
- 370
- SP/LP
- 100%
- DOM
- 15
- SNLR
- 87.9%
Milton
Milton, Halton Region
$916,717
+$6,034 +0.7% up $6,034, 0.7% versus September 2020
- Sales
- 250
- SP/LP
- 101%
- DOM
- 14
- SNLR
- 87.4%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|