Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,160,059
MoM +$64,809 +5.9% up $64,809, 5.9% versus December 2020 YoY +24.5% up 24.5% versus January 2020
Source: TRREB MarketWatch, January 2021
4 areas
Halton Region
January 2021
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$1,005,000
MoM +$80,000 +8.6% up $80,000, 8.6% versus December 2020 YoY +19.6% up 19.6% versus January 2020
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,085,500
MoM +$34,700 +3.3% up $34,700, 3.3% versus December 2020 YoY +18.3% up 18.3% versus January 2020
Sales — Firm transactions reported through the MLS® System during the month.
637
MoM +53 +9.1% up 53, 9.1% versus December 2020 YoY +40.0% up 40.0% versus January 2020
Dollar volume — Total value of all sales in the month.
$739.0M
MoM +$99,331,378 +15.5% up $99,331,378, 15.5% versus December 2020 YoY +74.3% up 74.3% versus January 2020
New listings — Properties newly listed during the month.
855
MoM +380 +80.0% up 380, 80.0% versus December 2020 YoY +5.7% up 5.7% versus January 2020
Active listings — Listings available at month end.
542
MoM +54 +11.1% up 54, 11.1% versus December 2020 YoY −32.6% down 32.6% versus January 2020
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
19
MoM −2 days −9.5% down 2 days, 9.5% versus December 2020 YoY −34.5% down 34.5% versus January 2020
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
26
MoM −2 days −7.1% down 2 days, 7.1% versus December 2020 YoY −36.6% down 36.6% versus January 2020
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
103%
MoM +3.0 pp +3.0% up 3.0 pp, 3.0% versus December 2020 YoY +5.1% up 5.1% versus January 2020
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
74.5%
MoM −48.4 pp −39.4% down 48.4 pp, 39.4% versus December 2020 YoY +32.5% up 32.5% versus January 2020
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.
0.8
MoM +0 +1.8% up 0, 1.8% versus December 2020 YoY −51.8% down 51.8% versus January 2020
Trend
13 months to January 2021
Average price
| Month | Average price |
|---|---|
| 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 |
| Nov '20 | 1068161 |
| Dec '20 | 1095250 |
| Jan '21 | 1160059 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Nov '20 | 841 |
| Dec '20 | 584 |
| Jan '21 | 637 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 637 | +53 +9.1% up 53, 9.1% versus December 2020 | $1,160,059 | +$64,809 +5.9% up $64,809, 5.9% versus December 2020 | $1,005,000 | 74.5% | 0.8 |
| Detached | 331 | +26 +8.5% up 26, 8.5% versus December 2020 | $1,539,760 | +$110,125 +7.7% up $110,125, 7.7% versus December 2020 | $1,303,000 | 74.0% | 0.9 |
| Semi-detached | 28 | +9 +47.4% up 9, 47.4% versus December 2020 | $938,211 | +$57,697 +6.6% up $57,697, 6.6% versus December 2020 | $957,500 | 71.8% | 0.5 |
| Att/row/townhouse | 89 | −2 −2.2% down 2, 2.2% versus December 2020 | $938,724 | +$100,899 +12.0% up $100,899, 12.0% versus December 2020 | $935,000 | 59.7% | 0.8 |
| Condo townhouse | 77 | −6 −7.2% down 6, 7.2% versus December 2020 | $712,561 | +$84,142 +13.4% up $84,142, 13.4% versus December 2020 | $686,000 | 87.5% | 0.5 |
| Condo apartment | 106 | +27 +34.2% up 27, 34.2% versus December 2020 | $554,217 | −$84,158 −13.2% down $84,158, 13.2% versus December 2020 | $523,500 | 82.8% | 1.2 |
| Link | 6 | no change no change versus December 2020 | $977,722 | −$188,945 −16.2% down $188,945, 16.2% versus December 2020 | $955,667 | 150.0% | 0.2 |
| Co-op apartment | 0 | no change no change versus December 2020 | $0 | no change no change versus December 2020 | — | — | — |
| Detached condo | 0 | −1 −100.0% down 1, 100.0% versus December 2020 | $0 | −$1,025,000 −100.0% down $1,025,000, 100.0% versus December 2020 | — | — | — |
| Co-ownership apartment | 0 | no change no change versus December 2020 | $0 | no change no change versus December 2020 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 334.7 | $1,085,500 | +18.3% up 18.3% |
| Single-family detached | 345 | $1,272,500 | +21.8% up 21.8% |
| Single-family attached | 355.6 | $909,700 | +22.0% up 22.0% |
| Townhouse | 346.8 | $666,900 | +16.6% up 16.6% |
| Apartment | 280.4 | $571,300 | +7.6% up 7.6% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Halton Hills +12.5% up 12.5%
- Oakville +7.0% up 7.0%
- Milton +3.8% up 3.8%
- Burlington −0.0% down 0.0%
Bottom 5
- Burlington −0.0% down 0.0%
- Milton +3.8% up 3.8%
- Oakville +7.0% up 7.0%
- Halton Hills +12.5% up 12.5%
Sales, month-over-month
Top 5
- Oakville +16.4% up 16.4%
- Burlington +13.7% up 13.7%
- Milton +7.6% up 7.6%
- Halton Hills −24.2% down 24.2%
Bottom 5
- Halton Hills −24.2% down 24.2%
- Milton +7.6% up 7.6%
- Burlington +13.7% up 13.7%
- Oakville +16.4% up 16.4%
Halton Region
Oakville
Oakville, Halton Region
$1,397,462
+$91,133 +7.0% up $91,133, 7.0% versus December 2020
- Sales
- 262
- SP/LP
- 101%
- DOM
- 22
- SNLR
- 74.9%
Halton Hills
Halton Hills, Halton Region
$1,051,365
+$116,729 +12.5% up $116,729, 12.5% versus December 2020
- Sales
- 50
- SP/LP
- 102%
- DOM
- 18
- SNLR
- 80.7%
Milton
Milton, Halton Region
$1,000,351
+$36,733 +3.8% up $36,733, 3.8% versus December 2020
- Sales
- 142
- SP/LP
- 106%
- DOM
- 13
- SNLR
- 70.3%
Burlington
Burlington, Halton Region
$973,793
−$233 −0.0% down $233, 0.0% versus December 2020
- Sales
- 183
- SP/LP
- 105%
- DOM
- 18
- SNLR
- 75.9%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|