Source: TRREB MarketWatch, March 2022

4 areas

Halton Region

March 2022

Headline indicators

All home types

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

$1,515,730

MoM −$14,494 −0.9% YoY +21.7%

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

$1,351,000

MoM −$49,000 −3.5% YoY +22.8%

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

$1,475,100

MoM −$35,400 −2.3% YoY +32.6%

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

1,135

MoM +249 +28.1% YoY −31.1%

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

$1.72B

MoM +$364,574,544 +26.9% YoY −16.1%

New listings — Properties newly listed during the month.

2,069

MoM +727 +54.2% YoY −8.0%

Active listings — Listings available at month end.

921

MoM +343 +59.3% YoY +6.8%

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

MoM +1 day +14.3% YoY −20.0%

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

MoM +2 days +25.0% YoY −9.1%

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

111%

MoM −5.0 pp −4.3% YoY +4.7%

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

54.9%

MoM −11.2 pp −16.9% 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 +24.4% YoY +55.0%

Trend

13 months to March 2022

Average price

Halton Region average selling price over the 13 months ending March 2022.
Month	Average price
Mar '21	1245062
Apr '21	1208601
May '21	1193780
Jun '21	1222263
Jul '21	1171937
Aug '21	1206016
Sep '21	1247856
Oct '21	1305714
Nov '21	1356591
Dec '21	1343098
Jan '22	1484265
Feb '22	1530224
Mar '22	1515730

Sales

Halton Region sales over the 13 months ending March 2022.
Month	Sales
Mar '21	1647
Apr '21	1403
May '21	1197
Jun '21	1096
Jul '21	925
Aug '21	816
Sep '21	835
Oct '21	850
Nov '21	798
Dec '21	490
Jan '22	497
Feb '22	886
Mar '22	1135

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	1,135	+249 +28.1% up 249, 28.1% versus February 2022	$1,515,730	−$14,494 −0.9% down $14,494, 0.9% versus February 2022	$1,351,000	54.9%	0.8
Detached	610	+150 +32.6% up 150, 32.6% versus February 2022	$1,913,204	−$24,807 −1.3% down $24,807, 1.3% versus February 2022	$1,683,000	53.1%	0.8
Semi-detached	67	+24 +55.8% up 24, 55.8% versus February 2022	$1,251,558	−$73,378 −5.5% down $73,378, 5.5% versus February 2022	$1,255,000	59.3%	0.7
Att/row/townhouse	190	+23 +13.8% up 23, 13.8% versus February 2022	$1,240,160	−$31,833 −2.5% down $31,833, 2.5% versus February 2022	$1,200,000	51.9%	0.8
Condo townhouse	107	+23 +27.4% up 23, 27.4% versus February 2022	$940,093	−$26,393 −2.7% down $26,393, 2.7% versus February 2022	$900,000	63.7%	0.7
Condo apartment	155	+33 +27.0% up 33, 27.0% versus February 2022	$808,020	−$3,116 −0.4% down $3,116, 0.4% versus February 2022	$752,000	60.8%	0.9
Link	5	−3 −37.5% down 3, 37.5% versus February 2022	$1,356,200	−$106,175 −7.3% down $106,175, 7.3% versus February 2022	$1,350,000	38.5%	1.2
Co-op apartment	0	no change no change versus February 2022	$0	no change no change versus February 2022	—	0.0%	—
Detached condo	1	−1 −50.0% down 1, 50.0% versus February 2022	$1,200,000	−$328,075 −21.5% down $328,075, 21.5% versus February 2022	$1,200,000	25.0%	3.0
Co-ownership apartment	0	no change no change versus February 2022	$0	no change no change versus February 2022	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	478.9	$1,475,100	+32.6% up 32.6%
Single-family detached	477.9	$1,743,900	+31.1% up 31.1%
Single-family attached	508.5	$1,287,000	+34.8% up 34.8%
Townhouse	477.9	$920,800	+30.0% up 30.0%
Apartment	432.9	$819,200	+32.3% up 32.3%

Movers within Halton Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Oakville +5.0% up 5.0%
Halton Hills +3.3% up 3.3%
Milton −3.3% down 3.3%
Burlington −10.6% down 10.6%

Bottom 5

Burlington −10.6% down 10.6%
Milton −3.3% down 3.3%
Halton Hills +3.3% up 3.3%
Oakville +5.0% up 5.0%

Sales, month-over-month

Top 5

Burlington +47.4% up 47.4%
Oakville +31.9% up 31.9%
Halton Hills +28.3% up 28.3%
Milton +3.3% up 3.3%

Bottom 5

Milton +3.3% up 3.3%
Halton Hills +28.3% up 28.3%
Oakville +31.9% up 31.9%
Burlington +47.4% up 47.4%

Halton Region

Oakville

Oakville, Halton Region

$1,856,258

+$87,810 +5.0% up $87,810, 5.0% versus February 2022

Sales: 405
SP/LP: 108%
DOM: 10
SNLR: 55.6%

Full history →

Halton Hills

Halton Hills, Halton Region

$1,439,812

+$45,513 +3.3% up $45,513, 3.3% versus February 2022

Sales: 118
SP/LP: 111%
DOM: 6
SNLR: 56.5%

Full history →

Milton

Milton, Halton Region

$1,308,250

−$44,455 −3.3% down $44,455, 3.3% versus February 2022

Sales: 248
SP/LP: 113%
DOM: 7
SNLR: 46.8%

Full history →

Burlington

Burlington, Halton Region

$1,302,816

−$154,433 −10.6% down $154,433, 10.6% versus February 2022

Sales: 364
SP/LP: 113%
DOM: 7
SNLR: 60.5%

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