Source: TRREB MarketWatch, June 2021

4 areas

Halton Region

June 2021

Headline indicators

All home types

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

$1,222,263

MoM +$28,483 +2.4% up $28,483, 2.4% versus May 2021 YoY +22.8% up 22.8% versus June 2020

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

$1,076,350

MoM +$26,350 +2.5% up $26,350, 2.5% versus May 2021 YoY +23.7% up 23.7% versus June 2020

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

$1,136,900

MoM +$9,000 +0.8% up $9,000, 0.8% versus May 2021 YoY +24.8% up 24.8% versus June 2020

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

1,096

MoM −101 −8.4% down 101, 8.4% versus May 2021 YoY +10.7% up 10.7% versus June 2020

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

$1.34B

MoM −$89,354,843 −6.3% down $89,354,843, 6.3% versus May 2021 YoY +36.0% up 36.0% versus June 2020

New listings — Properties newly listed during the month.

1,450

MoM −161 −10.0% down 161, 10.0% versus May 2021 YoY −9.1% down 9.1% versus June 2020

Active listings — Listings available at month end.

812

MoM −104 −11.4% down 104, 11.4% versus May 2021 YoY −39.3% down 39.3% versus June 2020

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

12

MoM +2 days +20.0% up 2 days, 20.0% versus May 2021 YoY −40.0% down 40.0% versus June 2020

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

16

MoM +3 days +23.1% up 3 days, 23.1% versus May 2021 YoY −42.9% down 42.9% versus June 2020

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

104%

MoM no change no change versus May 2021 YoY +6.1% up 6.1% versus June 2020

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

75.6%

MoM +1.3 pp +1.7% up 1.3 pp, 1.7% versus May 2021 YoY +21.8% up 21.8% versus June 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 −3.2% down 0, 3.2% versus May 2021 YoY −45.1% down 45.1% versus June 2020

Trend

13 months to June 2021

Average price

Halton Region average selling price over the 13 months ending June 2021.
Month Average price
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
Jun '21 1222263

Sales

Halton Region sales over the 13 months ending June 2021.
Month Sales
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
Jun '21 1096

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 1,096 −101 −8.4% down 101, 8.4% versus May 2021 $1,222,263 +$28,483 +2.4% up $28,483, 2.4% versus May 2021 $1,076,350 75.6% 0.7
Detached 579 −40 −6.5% down 40, 6.5% versus May 2021 $1,564,585 +$42,001 +2.8% up $42,001, 2.8% versus May 2021 $1,385,000 72.2% 0.8
Semi-detached 71 −8 −10.1% down 8, 10.1% versus May 2021 $969,642 −$409 −0.0% down $409, 0.0% versus May 2021 $956,500 89.9% 0.5
Att/row/townhouse 184 −52 −22.0% down 52, 22.0% versus May 2021 $940,478 +$261 +0.0% up $261, 0.0% versus May 2021 $904,000 82.1% 0.5
Condo townhouse 110 −8 −6.8% down 8, 6.8% versus May 2021 $774,676 −$30,571 −3.8% down $30,571, 3.8% versus May 2021 $715,000 76.9% 0.6
Condo apartment 139 no change no change versus May 2021 $684,961 +$69,211 +11.2% up $69,211, 11.2% versus May 2021 $595,000 76.0% 1.1
Link 9 +5 +125.0% up 5, 125.0% versus May 2021 $1,034,528 −$128,419 −11.0% down $128,419, 11.0% versus May 2021 $1,015,000 69.2% 0.7
Co-op apartment 4 +3 +300.0% up 3, 300.0% versus May 2021 $519,475 +$44,575 +9.4% up $44,575, 9.4% versus May 2021 $540,000 80.0% 0.3
Detached condo 0 −1 −100.0% down 1, 100.0% versus May 2021 $0 −$2,215,000 −100.0% down $2,215,000, 100.0% versus May 2021 0.0%
Co-ownership apartment 0 no change no change versus May 2021 $0 no change no change versus May 2021

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 369.1 $1,136,900 +24.8% up 24.8%
Single-family detached 370.6 $1,352,400 +26.2% up 26.2%
Single-family attached 381.5 $965,600 +27.5% up 27.5%
Townhouse 367.5 $708,100 +22.9% up 22.9%
Apartment 351.4 $665,000 +17.8% up 17.8%

Movers within Halton Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Burlington +11.0% up 11.0%
  2. Halton Hills +11.0% up 11.0%
  3. Milton −2.6% down 2.6%
  4. Oakville −2.6% down 2.6%

Bottom 5

  1. Oakville −2.6% down 2.6%
  2. Milton −2.6% down 2.6%
  3. Halton Hills +11.0% up 11.0%
  4. Burlington +11.0% up 11.0%

Sales, month-over-month

Top 5

  1. Halton Hills −2.8% down 2.8%
  2. Oakville −5.9% down 5.9%
  3. Milton −10.0% down 10.0%
  4. Burlington −11.7% down 11.7%

Bottom 5

  1. Burlington −11.7% down 11.7%
  2. Milton −10.0% down 10.0%
  3. Oakville −5.9% down 5.9%
  4. Halton Hills −2.8% down 2.8%

Halton Region

Oakville

Oakville, Halton Region

$1,437,986

−$38,481 −2.6% down $38,481, 2.6% versus May 2021

Sales
386
SP/LP
103%
DOM
12
SNLR
73.4%

Full history →

Halton Hills

Halton Hills, Halton Region

$1,150,269

+$113,921 +11.0% up $113,921, 11.0% versus May 2021

Sales
106
SP/LP
104%
DOM
13
SNLR
94.6%

Full history →

Burlington

Burlington, Halton Region

$1,149,989

+$114,024 +11.0% up $114,024, 11.0% versus May 2021

Sales
325
SP/LP
105%
DOM
12
SNLR
75.4%

Full history →

Milton

Milton, Halton Region

$1,035,349

−$27,251 −2.6% down $27,251, 2.6% versus May 2021

Sales
279
SP/LP
105%
DOM
10
SNLR
73.2%

Full history →

All Halton Region areas

0 areas

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