Source: TRREB MarketWatch, August 2022

4 areas

Halton Region

August 2022

Headline indicators

All home types

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

$1,207,303

MoM −$46,155 −3.7% YoY +0.1%

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

$1,002,000

MoM −$65,500 −6.1% YoY −6.4%

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

$1,136,000

MoM −$29,700 −2.5% YoY +1.7%

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

589

MoM +79 +15.5% YoY −27.8%

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

$711.1M

MoM +$71,838,062 +11.2% YoY −27.7%

New listings — Properties newly listed during the month.

1,044

MoM −123 −10.5% YoY +19.5%

Active listings — Listings available at month end.

1,334

MoM −140 −9.5% YoY +183.8%

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

MoM +4 days +19.0% YoY +78.6%

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

MoM +7 days +23.3% YoY +117.6%

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

96%

MoM −1.0 pp −1.0% YoY −6.8%

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

56.4%

MoM +12.7 pp +29.1% YoY −39.6%

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.

2.3

MoM −1 −21.6% YoY +293.2%

Trend

13 months to August 2022

Average price

Halton Region average selling price over the 13 months ending August 2022.
Month	Average price
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
Aug '22	1207303

Sales

Halton Region sales over the 13 months ending August 2022.
Month	Sales
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
Aug '22	589

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	589	+79 +15.5% up 79, 15.5% versus July 2022	$1,207,303	−$46,155 −3.7% down $46,155, 3.7% versus July 2022	$1,002,000	56.4%	2.3
Detached	302	+20 +7.1% up 20, 7.1% versus July 2022	$1,519,733	−$32,677 −2.1% down $32,677, 2.1% versus July 2022	$1,272,500	51.6%	2.6
Semi-detached	32	−2 −5.9% down 2, 5.9% versus July 2022	$1,028,012	+$6,074 +0.6% up $6,074, 0.6% versus July 2022	$970,000	82.0%	0.8
Att/row/townhouse	99	+26 +35.6% up 26, 35.6% versus July 2022	$1,000,068	+$23,032 +2.4% up $23,032, 2.4% versus July 2022	$940,000	73.3%	1.3
Condo townhouse	60	+10 +20.0% up 10, 20.0% versus July 2022	$782,297	+$8,476 +1.1% up $8,476, 1.1% versus July 2022	$735,000	55.6%	2.0
Condo apartment	85	+23 +37.1% up 23, 37.1% versus July 2022	$750,909	−$26,346 −3.4% down $26,346, 3.4% versus July 2022	$620,000	49.4%	3.1
Link	6	−1 −14.3% down 1, 14.3% versus July 2022	$941,650	−$23,121 −2.4% down $23,121, 2.4% versus July 2022	$924,950	150.0%	0.5
Co-op apartment	3	n/a not available, prior month not on file versus July 2022	$637,967	n/a not available, prior month not on file versus July 2022	$519,000	—	0.3
Detached condo	2	no change no change versus July 2022	$955,000	+$65,050 +7.3% up $65,050, 7.3% versus July 2022	$955,000	200.0%	0.0

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	355.3	$1,136,000	+1.7% up 1.7%
Single-family detached	371.7	$1,433,700	+0.6% up 0.6%
Single-family attached	387.3	$979,500	+1.5% up 1.5%
Townhouse	373.9	$768,700	+3.5% up 3.5%
Apartment	385.6	$657,800	+11.4% up 11.4%

Movers within Halton Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Oakville +4.2% up 4.2%
Halton Hills −3.4% down 3.4%
Burlington −5.8% down 5.8%
Milton −7.4% down 7.4%

Bottom 5

Milton −7.4% down 7.4%
Burlington −5.8% down 5.8%
Halton Hills −3.4% down 3.4%
Oakville +4.2% up 4.2%

Sales, month-over-month

Top 5

Milton +34.2% up 34.2%
Burlington +19.2% up 19.2%
Oakville +3.1% up 3.1%
Halton Hills +1.8% up 1.8%

Bottom 5

Halton Hills +1.8% up 1.8%
Oakville +3.1% up 3.1%
Burlington +19.2% up 19.2%
Milton +34.2% up 34.2%

Halton Region

Oakville

Oakville, Halton Region

$1,587,619

+$63,382 +4.2% up $63,382, 4.2% versus July 2022

Sales: 167
SP/LP: 95%
DOM: 28
SNLR: 49.3%

Full history →

Halton Hills

Halton Hills, Halton Region

$1,151,955

−$41,134 −3.4% down $41,134, 3.4% versus July 2022

Sales: 58
SP/LP: 96%
DOM: 24
SNLR: 46.8%

Full history →

Burlington

Burlington, Halton Region

$1,070,005

−$65,354 −5.8% down $65,354, 5.8% versus July 2022

Sales: 211
SP/LP: 96%
DOM: 24
SNLR: 55.0%

Full history →

Milton

Milton, Halton Region

$1,002,514

−$79,700 −7.4% down $79,700, 7.4% versus July 2022

Sales: 153
SP/LP: 98%
DOM: 21
SNLR: 77.7%

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