Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,206,016
MoM +$34,079 +2.9% up $34,079, 2.9% versus July 2021 YoY +16.9% up 16.9% versus August 2020
Source: TRREB MarketWatch, August 2021
4 areas
Halton Region
August 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.
$1,071,000
MoM +$36,000 +3.5% up $36,000, 3.5% versus July 2021 YoY +19.0% up 19.0% versus August 2020
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,148,900
MoM +$6,200 +0.5% up $6,200, 0.5% versus July 2021 YoY +20.8% up 20.8% versus August 2020
Sales — Firm transactions reported through the MLS® System during the month.
816
MoM −109 −11.8% down 109, 11.8% versus July 2021 YoY −27.5% down 27.5% versus August 2020
Dollar volume — Total value of all sales in the month.
$984.1M
MoM −$99,932,173 −9.2% down $99,932,173, 9.2% versus July 2021 YoY −15.3% down 15.3% versus August 2020
New listings — Properties newly listed during the month.
874
MoM −199 −18.5% down 199, 18.5% versus July 2021 YoY −41.7% down 41.7% versus August 2020
Active listings — Listings available at month end.
470
MoM −165 −26.0% down 165, 26.0% versus July 2021 YoY −64.0% down 64.0% versus August 2020
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
14
MoM +2 days +16.7% up 2 days, 16.7% versus July 2021 YoY −17.6% down 17.6% versus August 2020
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
17
MoM +1 day +6.3% up 1 day, 6.3% versus July 2021 YoY −29.2% down 29.2% versus August 2020
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
103%
MoM no change no change versus July 2021 YoY +3.0% up 3.0% versus August 2020
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
93.4%
MoM +7.2 pp +8.3% up 7.2 pp, 8.3% versus July 2021 YoY +24.4% up 24.4% versus August 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.
0.6
MoM −0 −16.1% down 0, 16.1% versus July 2021 YoY −50.3% down 50.3% versus August 2020
Trend
13 months to August 2021
Average price
| Month | Average price |
|---|---|
| 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 |
| Jul '21 | 1171937 |
| Aug '21 | 1206016 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Jul '21 | 925 |
| Aug '21 | 816 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 816 | −109 −11.8% down 109, 11.8% versus July 2021 | $1,206,016 | +$34,079 +2.9% up $34,079, 2.9% versus July 2021 | $1,071,000 | 93.4% | 0.6 |
| Detached | 412 | −60 −12.7% down 60, 12.7% versus July 2021 | $1,551,208 | +$33,759 +2.2% up $33,759, 2.2% versus July 2021 | $1,343,318 | 88.4% | 0.7 |
| Semi-detached | 54 | −11 −16.9% down 11, 16.9% versus July 2021 | $975,418 | −$11,584 −1.2% down $11,584, 1.2% versus July 2021 | $970,000 | 91.5% | 0.2 |
| Att/row/townhouse | 150 | −4 −2.6% down 4, 2.6% versus July 2021 | $974,968 | +$38,863 +4.2% up $38,863, 4.2% versus July 2021 | $932,500 | 105.6% | 0.3 |
| Condo townhouse | 83 | −11 −11.7% down 11, 11.7% versus July 2021 | $766,906 | +$30,745 +4.2% up $30,745, 4.2% versus July 2021 | $720,000 | 112.2% | 0.4 |
| Condo apartment | 111 | −14 −11.2% down 14, 11.2% versus July 2021 | $698,661 | +$96,466 +16.0% up $96,466, 16.0% versus July 2021 | $632,000 | 86.0% | 0.9 |
| Link | 4 | −8 −66.7% down 8, 66.7% versus July 2021 | $956,750 | −$95,885 −9.1% down $95,885, 9.1% versus July 2021 | $955,000 | 100.0% | 0.5 |
| Co-op apartment | 2 | +1 +100.0% up 1, 100.0% versus July 2021 | $530,950 | −$19,050 −3.5% down $19,050, 3.5% versus July 2021 | $530,950 | — | 0.0 |
| Detached condo | 0 | −2 −100.0% down 2, 100.0% versus July 2021 | $0 | −$917,500 −100.0% down $917,500, 100.0% versus July 2021 | — | — | — |
| Co-ownership apartment | 0 | no change no change versus July 2021 | $0 | no change no change versus July 2021 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 373 | $1,148,900 | +20.8% up 20.8% |
| Single-family detached | 373.4 | $1,362,600 | +21.6% up 21.6% |
| Single-family attached | 386.6 | $978,500 | +22.5% up 22.5% |
| Townhouse | 368.1 | $709,200 | +14.4% up 14.4% |
| Apartment | 347.2 | $657,000 | +16.2% up 16.2% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Oakville +5.1% up 5.1%
- Milton +4.4% up 4.4%
- Halton Hills +0.5% up 0.5%
- Burlington +0.1% up 0.1%
Bottom 5
- Burlington +0.1% up 0.1%
- Halton Hills +0.5% up 0.5%
- Milton +4.4% up 4.4%
- Oakville +5.1% up 5.1%
Sales, month-over-month
Top 5
- Burlington −6.8% down 6.8%
- Halton Hills −12.9% down 12.9%
- Milton −13.8% down 13.8%
- Oakville −13.9% down 13.9%
Bottom 5
- Oakville −13.9% down 13.9%
- Milton −13.8% down 13.8%
- Halton Hills −12.9% down 12.9%
- Burlington −6.8% down 6.8%
Halton Region
Oakville
Oakville, Halton Region
$1,489,298
+$72,519 +5.1% up $72,519, 5.1% versus July 2021
- Sales
- 278
- SP/LP
- 102%
- DOM
- 15
- SNLR
- 88.8%
Halton Hills
Halton Hills, Halton Region
$1,084,677
+$4,879 +0.5% up $4,879, 0.5% versus July 2021
- Sales
- 81
- SP/LP
- 106%
- DOM
- 9
- SNLR
- 91.0%
Milton
Milton, Halton Region
$1,061,719
+$44,936 +4.4% up $44,936, 4.4% versus July 2021
- Sales
- 212
- SP/LP
- 105%
- DOM
- 12
- SNLR
- 110.4%
Burlington
Burlington, Halton Region
$1,049,555
+$613 +0.1% up $613, 0.1% versus July 2021
- Sales
- 245
- SP/LP
- 103%
- DOM
- 14
- SNLR
- 87.5%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|