Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,270,053
MoM −$43,598 −3.3% down $43,598, 3.3% versus May 2022 YoY +3.9% up 3.9% versus June 2021
Source: TRREB MarketWatch, June 2022
4 areas
Halton Region
June 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.
$1,100,000
MoM −$100,000 −8.3% down $100,000, 8.3% versus May 2022 YoY +2.2% up 2.2% versus June 2021
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,238,000
MoM −$50,000 −3.9% down $50,000, 3.9% versus May 2022 YoY +11.4% up 11.4% versus June 2021
Sales — Firm transactions reported through the MLS® System during the month.
665
MoM −161 −19.5% down 161, 19.5% versus May 2022 YoY −39.3% down 39.3% versus June 2021
Dollar volume — Total value of all sales in the month.
$844.6M
MoM −$240,490,599 −22.2% down $240,490,599, 22.2% versus May 2022 YoY −37.0% down 37.0% versus June 2021
New listings — Properties newly listed during the month.
1,715
MoM −178 −9.4% down 178, 9.4% versus May 2022 YoY +18.3% up 18.3% versus June 2021
Active listings — Listings available at month end.
1,562
MoM +136 +9.5% up 136, 9.5% versus May 2022 YoY +92.4% up 92.4% versus June 2021
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
15
MoM +3 days +25.0% up 3 days, 25.0% versus May 2022 YoY +25.0% up 25.0% versus June 2021
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
24
MoM +5 days +26.3% up 5 days, 26.3% versus May 2022 YoY +50.0% up 50.0% versus June 2021
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
98%
MoM −3.0 pp −3.0% down 3.0 pp, 3.0% versus May 2022 YoY −5.8% down 5.8% versus June 2021
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
38.8%
MoM −4.9 pp −11.1% down 4.9 pp, 11.1% versus May 2022 YoY −48.7% down 48.7% versus June 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.
2.4
MoM +1 +36.1% up 1, 36.1% versus May 2022 YoY +217.0% up 217.0% versus June 2021
Trend
13 months to June 2022
Average price
| Month | Average price |
|---|---|
| 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 |
| May '22 | 1313651 |
| Jun '22 | 1270053 |
Sales
| Month | Sales |
|---|---|
| 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 |
| May '22 | 826 |
| Jun '22 | 665 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 665 | −161 −19.5% down 161, 19.5% versus May 2022 | $1,270,053 | −$43,598 −3.3% down $43,598, 3.3% versus May 2022 | $1,100,000 | 38.8% | 2.4 |
| Detached | 344 | −95 −21.6% down 95, 21.6% versus May 2022 | $1,610,579 | −$32,991 −2.0% down $32,991, 2.0% versus May 2022 | $1,372,500 | 35.6% | 2.6 |
| Semi-detached | 44 | +5 +12.8% up 5, 12.8% versus May 2022 | $1,044,134 | −$33,481 −3.1% down $33,481, 3.1% versus May 2022 | $1,005,000 | 56.4% | 1.3 |
| Att/row/townhouse | 117 | −27 −18.8% down 27, 18.8% versus May 2022 | $1,035,275 | −$35,481 −3.3% down $35,481, 3.3% versus May 2022 | $975,000 | 46.4% | 1.6 |
| Condo townhouse | 75 | −2 −2.6% down 2, 2.6% versus May 2022 | $794,930 | −$37,351 −4.5% down $37,351, 4.5% versus May 2022 | $770,000 | 46.6% | 2.1 |
| Condo apartment | 80 | −37 −31.6% down 37, 31.6% versus May 2022 | $732,983 | −$57,359 −7.3% down $57,359, 7.3% versus May 2022 | $639,000 | 32.8% | 3.3 |
| Link | 4 | −4 −50.0% down 4, 50.0% versus May 2022 | $1,004,595 | −$89,405 −8.2% down $89,405, 8.2% versus May 2022 | $1,032,690 | 44.4% | 3.0 |
| Detached condo | 1 | no change no change versus May 2022 | $1,200,000 | −$160,000 −11.8% down $160,000, 11.8% versus May 2022 | $1,200,000 | 33.3% | 2.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 387.2 | $1,238,000 | +11.4% up 11.4% |
| Single-family detached | 407.1 | $1,570,000 | +10.8% up 10.8% |
| Single-family attached | 421.4 | $1,065,700 | +12.2% up 12.2% |
| Townhouse | 397.4 | $817,000 | +10.3% up 10.3% |
| Apartment | 413.4 | $705,200 | +17.9% up 17.9% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Burlington +1.0% up 1.0%
- Oakville −4.0% down 4.0%
- Halton Hills −7.1% down 7.1%
- Milton −7.8% down 7.8%
Bottom 5
- Milton −7.8% down 7.8%
- Halton Hills −7.1% down 7.1%
- Oakville −4.0% down 4.0%
- Burlington +1.0% up 1.0%
Sales, month-over-month
Top 5
- Milton −11.2% down 11.2%
- Oakville −12.4% down 12.4%
- Halton Hills −13.3% down 13.3%
- Burlington −32.8% down 32.8%
Bottom 5
- Burlington −32.8% down 32.8%
- Halton Hills −13.3% down 13.3%
- Oakville −12.4% down 12.4%
- Milton −11.2% down 11.2%
Halton Region
Oakville
Oakville, Halton Region
$1,436,709
−$59,217 −4.0% down $59,217, 4.0% versus May 2022
- Sales
- 227
- SP/LP
- 97%
- DOM
- 17
- SNLR
- 39.8%
Burlington
Burlington, Halton Region
$1,253,792
+$11,834 +1.0% up $11,834, 1.0% versus May 2022
- Sales
- 199
- SP/LP
- 98%
- DOM
- 15
- SNLR
- 37.5%
Halton Hills
Halton Hills, Halton Region
$1,179,660
−$89,511 −7.1% down $89,511, 7.1% versus May 2022
- Sales
- 72
- SP/LP
- 98%
- DOM
- 16
- SNLR
- 34.8%
Milton
Milton, Halton Region
$1,101,868
−$93,185 −7.8% down $93,185, 7.8% versus May 2022
- Sales
- 167
- SP/LP
- 99%
- DOM
- 13
- SNLR
- 40.9%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|