Source: TRREB MarketWatch, May 2021

4 areas

Halton Region

May 2021

Headline indicators

All home types

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

$1,193,780

MoM −$14,821 −1.2% YoY +29.4%

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

$1,050,000

MoM +$5,000 +0.5% YoY +26.5%

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

$1,127,900

MoM −$54,300 −4.6% YoY +25.8%

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

1,197

MoM −206 −14.7% YoY +140.8%

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

$1.43B

MoM −$266,713,047 −15.7% YoY +211.6%

New listings — Properties newly listed during the month.

1,611

MoM −353 −18.0% YoY +92.5%

Active listings — Listings available at month end.

916

MoM −31 −3.3% YoY −19.3%

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

MoM no change YoY −63.0%

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

MoM +1 day +8.3% YoY −61.8%

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

104%

MoM −1.0 pp −1.0% YoY +6.1%

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

74.3%

MoM +2.9 pp +4.0% YoY +25.1%

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 +13.4% YoY −66.5%

Trend

13 months to May 2021

Average price

Halton Region average selling price over the 13 months ending May 2021.
Month	Average price
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
May '21	1193780

Sales

Halton Region sales over the 13 months ending May 2021.
Month	Sales
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
May '21	1197

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,197	−206 −14.7% down 206, 14.7% versus April 2021	$1,193,780	−$14,821 −1.2% down $14,821, 1.2% versus April 2021	$1,050,000	74.3%	0.8
Detached	619	−129 −17.2% down 129, 17.2% versus April 2021	$1,522,584	−$12,807 −0.8% down $12,807, 0.8% versus April 2021	$1,375,000	72.4%	0.8
Semi-detached	79	−4 −4.8% down 4, 4.8% versus April 2021	$970,051	−$22,503 −2.3% down $22,503, 2.3% versus April 2021	$955,000	72.5%	0.6
Att/row/townhouse	236	−12 −4.8% down 12, 4.8% versus April 2021	$940,217	−$9,025 −1.0% down $9,025, 1.0% versus April 2021	$890,000	81.9%	0.6
Condo townhouse	118	−18 −13.2% down 18, 13.2% versus April 2021	$805,247	+$83,370 +11.5% up $83,370, 11.5% versus April 2021	$729,175	83.1%	0.6
Condo apartment	139	−35 −20.1% down 35, 20.1% versus April 2021	$615,750	−$62,795 −9.3% down $62,795, 9.3% versus April 2021	$565,000	66.8%	1.1
Link	4	−8 −66.7% down 8, 66.7% versus April 2021	$1,162,947	+$126,022 +12.2% up $126,022, 12.2% versus April 2021	$1,086,000	50.0%	0.5
Co-op apartment	1	−1 −50.0% down 1, 50.0% versus April 2021	$474,900	+$116,900 +32.7% up $116,900, 32.7% versus April 2021	$474,900	—	0.0
Detached condo	1	+1 up 1 versus April 2021	$2,215,000	+$2,215,000 up $2,215,000 versus April 2021	$2,215,000	100.0%	0.0
Co-ownership apartment	0	no change no change versus April 2021	$0	no change no change versus April 2021	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	366.2	$1,127,900	+25.8% up 25.8%
Single-family detached	367.5	$1,341,100	+28.9% up 28.9%
Single-family attached	377.7	$956,000	+28.5% up 28.5%
Townhouse	372	$716,700	+23.6% up 23.6%
Apartment	346.2	$655,100	+14.3% up 14.3%

Movers within Halton Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Oakville +1.2% up 1.2%
Milton +0.1% up 0.1%
Burlington −1.8% down 1.8%
Halton Hills −3.1% down 3.1%

Bottom 5

Halton Hills −3.1% down 3.1%
Burlington −1.8% down 1.8%
Milton +0.1% up 0.1%
Oakville +1.2% up 1.2%

Sales, month-over-month

Top 5

Burlington −5.9% down 5.9%
Milton −9.4% down 9.4%
Oakville −21.6% down 21.6%
Halton Hills −25.9% down 25.9%

Bottom 5

Halton Hills −25.9% down 25.9%
Oakville −21.6% down 21.6%
Milton −9.4% down 9.4%
Burlington −5.9% down 5.9%

Halton Region

Oakville

Oakville, Halton Region

$1,476,467

+$17,674 +1.2% up $17,674, 1.2% versus April 2021

Sales: 410
SP/LP: 103%
DOM: 11
SNLR: 69.5%

Full history →

Milton

Milton, Halton Region

$1,062,600

+$1,252 +0.1% up $1,252, 0.1% versus April 2021

Sales: 310
SP/LP: 105%
DOM: 9
SNLR: 71.4%

Full history →

Halton Hills

Halton Hills, Halton Region

$1,036,348

−$33,203 −3.1% down $33,203, 3.1% versus April 2021

Sales: 109
SP/LP: 107%
DOM: 10
SNLR: 76.2%

Full history →

Burlington

Burlington, Halton Region

$1,035,965

−$19,058 −1.8% down $19,058, 1.8% versus April 2021

Sales: 368
SP/LP: 105%
DOM: 10
SNLR: 82.9%

Full history →

All Halton Region areas

Home type

0 areas

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