Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,305,714
MoM +$57,858 +4.6% up $57,858, 4.6% versus September 2021 YoY +23.5% up 23.5% versus October 2020
Source: TRREB MarketWatch, October 2021
4 areas
Halton Region
October 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.
$1,161,900
MoM +$18,900 +1.7% up $18,900, 1.7% versus September 2021 YoY +27.7% up 27.7% versus October 2020
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,265,000
MoM +$70,200 +5.9% up $70,200, 5.9% versus September 2021 YoY +31.8% up 31.8% versus October 2020
Sales — Firm transactions reported through the MLS® System during the month.
850
MoM +15 +1.8% up 15, 1.8% versus September 2021 YoY −23.9% down 23.9% versus October 2020
Dollar volume — Total value of all sales in the month.
$1.11B
MoM +$67,897,302 +6.5% up $67,897,302, 6.5% versus September 2021 YoY −6.0% down 6.0% versus October 2020
New listings — Properties newly listed during the month.
943
MoM −139 −12.8% down 139, 12.8% versus September 2021 YoY −33.0% down 33.0% versus October 2020
Active listings — Listings available at month end.
468
MoM −69 −12.8% down 69, 12.8% versus September 2021 YoY −58.4% down 58.4% versus October 2020
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
10
MoM −1 day −9.1% down 1 day, 9.1% versus September 2021 YoY −41.2% down 41.2% versus October 2020
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
12
MoM −2 days −14.3% down 2 days, 14.3% versus September 2021 YoY −50.0% down 50.0% versus October 2020
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
107%
MoM +2.0 pp +1.9% up 2.0 pp, 1.9% versus September 2021 YoY +7.0% up 7.0% versus October 2020
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
90.1%
MoM +13.0 pp +16.8% up 13.0 pp, 16.8% versus September 2021 YoY +13.6% up 13.6% versus October 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 −14.4% down 0, 14.4% versus September 2021 YoY −45.3% down 45.3% versus October 2020
Trend
13 months to October 2021
Average price
| Month | Average price |
|---|---|
| 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 |
| Sep '21 | 1247856 |
| Oct '21 | 1305714 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Sep '21 | 835 |
| Oct '21 | 850 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 850 | +15 +1.8% up 15, 1.8% versus September 2021 | $1,305,714 | +$57,858 +4.6% up $57,858, 4.6% versus September 2021 | $1,161,900 | 90.1% | 0.6 |
| Detached | 448 | +25 +5.9% up 25, 5.9% versus September 2021 | $1,653,245 | +$61,791 +3.9% up $61,791, 3.9% versus September 2021 | $1,511,257 | 85.7% | 0.7 |
| Semi-detached | 46 | −7 −13.2% down 7, 13.2% versus September 2021 | $1,099,098 | +$39,478 +3.7% up $39,478, 3.7% versus September 2021 | $1,068,000 | 95.8% | 0.3 |
| Att/row/townhouse | 154 | +25 +19.4% up 25, 19.4% versus September 2021 | $1,072,935 | +$37,675 +3.6% up $37,675, 3.6% versus September 2021 | $1,016,500 | 105.5% | 0.2 |
| Condo townhouse | 71 | −7 −9.0% down 7, 9.0% versus September 2021 | $842,728 | +$31,275 +3.9% up $31,275, 3.9% versus September 2021 | $785,000 | 104.4% | 0.4 |
| Condo apartment | 125 | −20 −13.8% down 20, 13.8% versus September 2021 | $699,979 | −$47,065 −6.3% down $47,065, 6.3% versus September 2021 | $611,000 | 83.9% | 0.8 |
| Link | 4 | −2 −33.3% down 2, 33.3% versus September 2021 | $1,108,725 | +$48,292 +4.6% up $48,292, 4.6% versus September 2021 | $1,086,000 | 66.7% | 0.3 |
| Co-op apartment | 1 | +1 up 1 versus September 2021 | $370,000 | +$370,000 up $370,000 versus September 2021 | $370,000 | 50.0% | 1.0 |
| Detached condo | 1 | no change no change versus September 2021 | $1,277,000 | +$188,000 +17.3% up $188,000, 17.3% versus September 2021 | $1,277,000 | 100.0% | 0.0 |
| Co-ownership apartment | 0 | no change no change versus September 2021 | $0 | no change no change versus September 2021 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 410.7 | $1,265,000 | +31.8% up 31.8% |
| Single-family detached | 413.8 | $1,510,000 | +33.7% up 33.7% |
| Single-family attached | 436.5 | $1,104,800 | +36.2% up 36.2% |
| Townhouse | 406.9 | $784,000 | +25.1% up 25.1% |
| Apartment | 359.6 | $680,500 | +19.9% up 19.9% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Halton Hills +10.3% up 10.3%
- Burlington +5.9% up 5.9%
- Milton +3.5% up 3.5%
- Oakville +1.6% up 1.6%
Bottom 5
- Oakville +1.6% up 1.6%
- Milton +3.5% up 3.5%
- Burlington +5.9% up 5.9%
- Halton Hills +10.3% up 10.3%
Sales, month-over-month
Top 5
- Halton Hills +29.6% up 29.6%
- Milton +10.3% up 10.3%
- Oakville +4.7% up 4.7%
- Burlington −14.7% down 14.7%
Bottom 5
- Burlington −14.7% down 14.7%
- Oakville +4.7% up 4.7%
- Milton +10.3% up 10.3%
- Halton Hills +29.6% up 29.6%
Halton Region
Oakville
Oakville, Halton Region
$1,512,634
+$23,881 +1.6% up $23,881, 1.6% versus September 2021
- Sales
- 315
- SP/LP
- 105%
- DOM
- 12
- SNLR
- 89.7%
Halton Hills
Halton Hills, Halton Region
$1,293,346
+$120,495 +10.3% up $120,495, 10.3% versus September 2021
- Sales
- 105
- SP/LP
- 108%
- DOM
- 8
- SNLR
- 94.6%
Milton
Milton, Halton Region
$1,168,148
+$39,655 +3.5% up $39,655, 3.5% versus September 2021
- Sales
- 192
- SP/LP
- 107%
- DOM
- 7
- SNLR
- 87.7%
Burlington
Burlington, Halton Region
$1,148,285
+$64,104 +5.9% up $64,104, 5.9% versus September 2021
- Sales
- 238
- SP/LP
- 108%
- DOM
- 10
- SNLR
- 90.8%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|