Source: TRREB MarketWatch, April 2021

4 areas

Halton Region

April 2021

Headline indicators

All home types

Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.

$1,208,601

MoM −$36,461 −2.9% down $36,461, 2.9% versus March 2021 YoY +38.8% up 38.8% versus April 2020

Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.

$1,045,000

MoM −$55,000 −5.0% down $55,000, 5.0% versus March 2021 YoY +33.6% up 33.6% versus April 2020

MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.

$1,182,200

MoM +$11,700 +1.0% up $11,700, 1.0% versus March 2021 YoY +24.4% up 24.4% versus April 2020

Sales — Firm transactions reported through the MLS® System during the month.

1,403

MoM −244 −14.8% down 244, 14.8% versus March 2021 YoY +315.1% up 315.1% versus April 2020

Dollar volume — Total value of all sales in the month.

$1.70B

MoM −$354,949,751 −17.3% down $354,949,751, 17.3% versus March 2021 YoY +476.0% up 476.0% versus April 2020

New listings — Properties newly listed during the month.

1,964

MoM −284 −12.6% down 284, 12.6% versus March 2021 YoY +216.3% up 216.3% versus April 2020

Active listings — Listings available at month end.

947

MoM +85 +9.9% up 85, 9.9% versus March 2021 YoY −15.2% down 15.2% versus April 2020

Avg. LDOM — Average days on market for the current listing. Not reported before 2020.

10

MoM no change no change versus March 2021 YoY −50.0% down 50.0% versus April 2020

Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.

12

MoM +1 day +9.1% up 1 day, 9.1% versus March 2021 YoY −50.0% down 50.0% versus April 2020

Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.

105%

MoM −1.0 pp −0.9% down 1.0 pp, 0.9% versus March 2021 YoY +7.1% up 7.1% versus April 2020

SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.

71.4%

MoM −1.8 pp −2.5% down 1.8 pp, 2.5% versus March 2021 YoY +31.2% up 31.2% versus April 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.

0.7

MoM +0 +29.0% up 0, 29.0% versus March 2021 YoY −79.6% down 79.6% versus April 2020

Trend

13 months to April 2021

Average price

Halton Region average selling price over the 13 months ending April 2021.
Month Average price
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
Feb '21 1212303
Mar '21 1245062
Apr '21 1208601

Sales

Halton Region sales over the 13 months ending April 2021.
Month Sales
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
Feb '21 1127
Mar '21 1647
Apr '21 1403

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 1,403 −244 −14.8% down 244, 14.8% versus March 2021 $1,208,601 −$36,461 −2.9% down $36,461, 2.9% versus March 2021 $1,045,000 71.4% 0.7
Detached 748 −162 −17.8% down 162, 17.8% versus March 2021 $1,535,391 −$16,413 −1.1% down $16,413, 1.1% versus March 2021 $1,322,500 70.7% 0.7
Semi-detached 83 −13 −13.5% down 13, 13.5% versus March 2021 $992,554 +$11,008 +1.1% up $11,008, 1.1% versus March 2021 $967,000 68.6% 0.6
Att/row/townhouse 248 −53 −17.6% down 53, 17.6% versus March 2021 $949,242 −$31,136 −3.2% down $31,136, 3.2% versus March 2021 $910,500 70.7% 0.6
Condo townhouse 136 −10 −6.8% down 10, 6.8% versus March 2021 $721,877 −$20,471 −2.8% down $20,471, 2.8% versus March 2021 $700,000 70.5% 0.7
Condo apartment 174 −9 −4.9% down 9, 4.9% versus March 2021 $678,545 −$28,414 −4.0% down $28,414, 4.0% versus March 2021 $584,000 76.7% 0.8
Link 12 +6 +100.0% up 6, 100.0% versus March 2021 $1,036,925 −$51,408 −4.7% down $51,408, 4.7% versus March 2021 $1,053,000 109.1% 0.3
Co-op apartment 2 no change no change versus March 2021 $358,000 +$8,050 +2.3% up $8,050, 2.3% versus March 2021 $358,000 66.7% 0.5
Detached condo 0 −3 −100.0% down 3, 100.0% versus March 2021 $0 −$1,389,333 −100.0% down $1,389,333, 100.0% versus March 2021
Co-ownership apartment 0 no change no change versus March 2021 $0 no change no change versus March 2021

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 364.5 $1,182,200 +24.4% up 24.4%
Single-family detached 372.2 $1,372,800 +27.7% up 27.7%
Single-family attached 385.2 $985,500 +28.1% up 28.1%
Townhouse 388.2 $746,500 +22.2% up 22.2%
Apartment 306.8 $625,000 +15.0% up 15.0%

Movers within Halton Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Milton +2.3% up 2.3%
  2. Burlington −4.0% down 4.0%
  3. Oakville −4.4% down 4.4%
  4. Halton Hills −6.4% down 6.4%

Bottom 5

  1. Halton Hills −6.4% down 6.4%
  2. Oakville −4.4% down 4.4%
  3. Burlington −4.0% down 4.0%
  4. Milton +2.3% up 2.3%

Sales, month-over-month

Top 5

  1. Halton Hills −7.5% down 7.5%
  2. Burlington −13.7% down 13.7%
  3. Oakville −14.0% down 14.0%
  4. Milton −19.9% down 19.9%

Bottom 5

  1. Milton −19.9% down 19.9%
  2. Oakville −14.0% down 14.0%
  3. Burlington −13.7% down 13.7%
  4. Halton Hills −7.5% down 7.5%

Halton Region

Oakville

Oakville, Halton Region

$1,458,793

−$67,621 −4.4% down $67,621, 4.4% versus March 2021

Sales
523
SP/LP
104%
DOM
10
SNLR
70.8%

Full history →

Halton Hills

Halton Hills, Halton Region

$1,069,551

−$72,961 −6.4% down $72,961, 6.4% versus March 2021

Sales
147
SP/LP
107%
DOM
8
SNLR
72.8%

Full history →

Milton

Milton, Halton Region

$1,061,348

+$24,141 +2.3% up $24,141, 2.3% versus March 2021

Sales
342
SP/LP
107%
DOM
9
SNLR
65.6%

Full history →

Burlington

Burlington, Halton Region

$1,055,023

−$44,339 −4.0% down $44,339, 4.0% versus March 2021

Sales
391
SP/LP
105%
DOM
12
SNLR
77.9%

Full history →

All Halton Region areas

0 areas

Area Sales MoM $ volume Average MoM Median New Active SP/LP LDOM PDOM SNLR MOI