Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,253,458
MoM −$16,595 −1.3% down $16,595, 1.3% versus June 2022 YoY +7.0% up 7.0% versus July 2021
Source: TRREB MarketWatch, July 2022
4 areas
Halton Region
July 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.
$1,067,500
MoM −$32,500 −3.0% down $32,500, 3.0% versus June 2022 YoY +3.1% up 3.1% versus July 2021
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,165,700
MoM −$72,300 −5.8% down $72,300, 5.8% versus June 2022 YoY +5.1% up 5.1% versus July 2021
Sales — Firm transactions reported through the MLS® System during the month.
510
MoM −155 −23.3% down 155, 23.3% versus June 2022 YoY −44.9% down 44.9% versus July 2021
Dollar volume — Total value of all sales in the month.
$639.3M
MoM −$205,321,527 −24.3% down $205,321,527, 24.3% versus June 2022 YoY −41.0% down 41.0% versus July 2021
New listings — Properties newly listed during the month.
1,167
MoM −548 −32.0% down 548, 32.0% versus June 2022 YoY +8.8% up 8.8% versus July 2021
Active listings — Listings available at month end.
1,474
MoM −88 −5.6% down 88, 5.6% versus June 2022 YoY +132.1% up 132.1% versus July 2021
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
21
MoM +6 days +40.0% up 6 days, 40.0% versus June 2022 YoY +75.0% up 75.0% versus July 2021
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
30
MoM +6 days +25.0% up 6 days, 25.0% versus June 2022 YoY +87.5% up 87.5% versus July 2021
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
97%
MoM −1.0 pp −1.0% down 1.0 pp, 1.0% versus June 2022 YoY −5.8% down 5.8% versus July 2021
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
43.7%
MoM +4.9 pp +12.7% up 4.9 pp, 12.7% versus June 2022 YoY −49.3% down 49.3% versus July 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.
2.9
MoM +1 +23.0% up 1, 23.0% versus June 2022 YoY +321.0% up 321.0% versus July 2021
Trend
13 months to July 2022
Average price
| Month | Average price |
|---|---|
| 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 |
| Jul '22 | 1253458 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Jul '22 | 510 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 510 | −155 −23.3% down 155, 23.3% versus June 2022 | $1,253,458 | −$16,595 −1.3% down $16,595, 1.3% versus June 2022 | $1,067,500 | 43.7% | 2.9 |
| Detached | 282 | −62 −18.0% down 62, 18.0% versus June 2022 | $1,552,410 | −$58,169 −3.6% down $58,169, 3.6% versus June 2022 | $1,325,400 | 43.3% | 3.0 |
| Semi-detached | 34 | −10 −22.7% down 10, 22.7% versus June 2022 | $1,021,938 | −$22,196 −2.1% down $22,196, 2.1% versus June 2022 | $990,000 | 89.5% | 1.0 |
| Att/row/townhouse | 73 | −44 −37.6% down 44, 37.6% versus June 2022 | $977,036 | −$58,239 −5.6% down $58,239, 5.6% versus June 2022 | $920,000 | 47.4% | 2.3 |
| Condo townhouse | 50 | −25 −33.3% down 25, 33.3% versus June 2022 | $773,821 | −$21,109 −2.7% down $21,109, 2.7% versus June 2022 | $750,000 | 42.0% | 2.9 |
| Condo apartment | 62 | −18 −22.5% down 18, 22.5% versus June 2022 | $777,255 | +$44,272 +6.0% up $44,272, 6.0% versus June 2022 | $640,000 | 32.3% | 4.5 |
| Link | 7 | +3 +75.0% up 3, 75.0% versus June 2022 | $964,771 | −$39,824 −4.0% down $39,824, 4.0% versus June 2022 | $954,400 | 100.0% | 1.1 |
| Detached condo | 2 | +1 +100.0% up 1, 100.0% versus June 2022 | $889,950 | −$310,050 −25.8% down $310,050, 25.8% versus June 2022 | $889,950 | 100.0% | 0.5 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 364.6 | $1,165,700 | +5.1% up 5.1% |
| Single-family detached | 380 | $1,465,700 | +4.0% up 4.0% |
| Single-family attached | 398.3 | $1,007,200 | +5.1% up 5.1% |
| Townhouse | 390.6 | $803,000 | +6.9% up 6.9% |
| Apartment | 397.8 | $678,700 | +14.8% up 14.8% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Oakville +6.1% up 6.1%
- Halton Hills +1.1% up 1.1%
- Milton −1.8% down 1.8%
- Burlington −9.4% down 9.4%
Bottom 5
- Burlington −9.4% down 9.4%
- Milton −1.8% down 1.8%
- Halton Hills +1.1% up 1.1%
- Oakville +6.1% up 6.1%
Sales, month-over-month
Top 5
- Burlington −11.1% down 11.1%
- Halton Hills −20.8% down 20.8%
- Oakville −28.6% down 28.6%
- Milton −31.7% down 31.7%
Bottom 5
- Milton −31.7% down 31.7%
- Oakville −28.6% down 28.6%
- Halton Hills −20.8% down 20.8%
- Burlington −11.1% down 11.1%
Halton Region
Oakville
Oakville, Halton Region
$1,524,237
+$87,528 +6.1% up $87,528, 6.1% versus June 2022
- Sales
- 162
- SP/LP
- 97%
- DOM
- 22
- SNLR
- 42.0%
Halton Hills
Halton Hills, Halton Region
$1,193,089
+$13,429 +1.1% up $13,429, 1.1% versus June 2022
- Sales
- 57
- SP/LP
- 96%
- DOM
- 18
- SNLR
- 41.9%
Burlington
Burlington, Halton Region
$1,135,359
−$118,433 −9.4% down $118,433, 9.4% versus June 2022
- Sales
- 177
- SP/LP
- 97%
- DOM
- 23
- SNLR
- 46.6%
Milton
Milton, Halton Region
$1,082,214
−$19,654 −1.8% down $19,654, 1.8% versus June 2022
- Sales
- 114
- SP/LP
- 98%
- DOM
- 18
- SNLR
- 43.0%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|