Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,383,948
MoM −$131,782 −8.7% down $131,782, 8.7% versus March 2022 YoY +14.5% up 14.5% versus April 2021
Source: TRREB MarketWatch, April 2022
4 areas
Halton Region
April 2022
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$1,230,000
MoM −$121,000 −9.0% down $121,000, 9.0% versus March 2022 YoY +17.7% up 17.7% versus April 2021
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,390,700
MoM −$84,400 −5.7% down $84,400, 5.7% versus March 2022 YoY +24.3% up 24.3% versus April 2021
Sales — Firm transactions reported through the MLS® System during the month.
824
MoM −311 −27.4% down 311, 27.4% versus March 2022 YoY −41.3% down 41.3% versus April 2021
Dollar volume — Total value of all sales in the month.
$1.14B
MoM −$579,979,768 −33.7% down $579,979,768, 33.7% versus March 2022 YoY −32.7% down 32.7% versus April 2021
New listings — Properties newly listed during the month.
1,922
MoM −147 −7.1% down 147, 7.1% versus March 2022 YoY −2.1% down 2.1% versus April 2021
Active listings — Listings available at month end.
1,273
MoM +352 +38.2% up 352, 38.2% versus March 2022 YoY +34.4% up 34.4% versus April 2021
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
10
MoM +2 days +25.0% up 2 days, 25.0% versus March 2022 YoY no change no change versus April 2021
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
13
MoM +3 days +30.0% up 3 days, 30.0% versus March 2022 YoY +8.3% up 8.3% versus April 2021
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
104%
MoM −7.0 pp −6.3% down 7.0 pp, 6.3% versus March 2022 YoY −1.0% down 1.0% versus April 2021
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
42.9%
MoM −12.0 pp −21.8% down 12.0 pp, 21.8% versus March 2022 YoY −40.0% down 40.0% versus April 2021
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.
1.5
MoM +1 +90.4% up 1, 90.4% versus March 2022 YoY +128.9% up 128.9% versus April 2021
Trend
13 months to April 2022
Average price
| Month | Average price |
|---|---|
| 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 |
| Apr '22 | 1383948 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Apr '22 | 824 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 824 | −311 −27.4% down 311, 27.4% versus March 2022 | $1,383,948 | −$131,782 −8.7% down $131,782, 8.7% versus March 2022 | $1,230,000 | 42.9% | 1.5 |
| Detached | 428 | −182 −29.8% down 182, 29.8% versus March 2022 | $1,779,951 | −$133,253 −7.0% down $133,253, 7.0% versus March 2022 | $1,630,000 | 41.5% | 1.6 |
| Semi-detached | 48 | −19 −28.4% down 19, 28.4% versus March 2022 | $1,099,648 | −$151,910 −12.1% down $151,910, 12.1% versus March 2022 | $1,100,000 | 44.9% | 1.4 |
| Att/row/townhouse | 139 | −51 −26.8% down 51, 26.8% versus March 2022 | $1,101,830 | −$138,330 −11.2% down $138,330, 11.2% versus March 2022 | $1,050,000 | 42.1% | 1.4 |
| Condo townhouse | 85 | −22 −20.6% down 22, 20.6% versus March 2022 | $903,446 | −$36,647 −3.9% down $36,647, 3.9% versus March 2022 | $850,016 | 49.4% | 1.1 |
| Condo apartment | 119 | −36 −23.2% down 36, 23.2% versus March 2022 | $746,478 | −$61,542 −7.6% down $61,542, 7.6% versus March 2022 | $675,000 | 44.1% | 1.7 |
| Link | 2 | −3 −60.0% down 3, 60.0% versus March 2022 | $1,170,000 | −$186,200 −13.7% down $186,200, 13.7% versus March 2022 | $1,170,000 | 22.2% | 4.5 |
| Co-op apartment | 0 | no change no change versus March 2022 | $0 | no change no change versus March 2022 | — | — | — |
| Detached condo | 3 | +2 +200.0% up 2, 200.0% versus March 2022 | $1,551,000 | +$351,000 +29.3% up $351,000, 29.3% versus March 2022 | $1,770,000 | 150.0% | 0.7 |
| Co-ownership apartment | 0 | no change no change versus March 2022 | $0 | no change no change versus March 2022 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 451.5 | $1,390,700 | +24.3% up 24.3% |
| Single-family detached | 449.7 | $1,641,000 | +22.7% up 22.7% |
| Single-family attached | 469.3 | $1,187,800 | +24.4% up 24.4% |
| Townhouse | 436.2 | $840,400 | +21.5% up 21.5% |
| Apartment | 435.9 | $824,900 | +28.1% up 28.1% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Burlington −5.6% down 5.6%
- Halton Hills −5.6% down 5.6%
- Oakville −8.8% down 8.8%
- Milton −9.7% down 9.7%
Bottom 5
- Milton −9.7% down 9.7%
- Oakville −8.8% down 8.8%
- Halton Hills −5.6% down 5.6%
- Burlington −5.6% down 5.6%
Sales, month-over-month
Top 5
- Burlington −20.1% down 20.1%
- Halton Hills −24.6% down 24.6%
- Milton −29.0% down 29.0%
- Oakville −33.8% down 33.8%
Bottom 5
- Oakville −33.8% down 33.8%
- Milton −29.0% down 29.0%
- Halton Hills −24.6% down 24.6%
- Burlington −20.1% down 20.1%
Halton Region
Oakville
Oakville, Halton Region
$1,691,997
−$164,261 −8.8% down $164,261, 8.8% versus March 2022
- Sales
- 268
- SP/LP
- 102%
- DOM
- 11
- SNLR
- 40.2%
Halton Hills
Halton Hills, Halton Region
$1,359,634
−$80,178 −5.6% down $80,178, 5.6% versus March 2022
- Sales
- 89
- SP/LP
- 106%
- DOM
- 9
- SNLR
- 43.8%
Burlington
Burlington, Halton Region
$1,230,314
−$72,502 −5.6% down $72,502, 5.6% versus March 2022
- Sales
- 291
- SP/LP
- 106%
- DOM
- 9
- SNLR
- 49.8%
Milton
Milton, Halton Region
$1,181,190
−$127,060 −9.7% down $127,060, 9.7% versus March 2022
- Sales
- 176
- SP/LP
- 105%
- DOM
- 10
- SNLR
- 37.5%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|