Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,223,189
MoM −$8,614 −0.7% down $8,614, 0.7% versus September 2022 YoY −6.3% down 6.3% versus October 2021
Source: TRREB MarketWatch, October 2022
4 areas
Halton Region
October 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.
$1,086,000
MoM +$26,000 +2.5% up $26,000, 2.5% versus September 2022 YoY −6.5% down 6.5% versus October 2021
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,132,600
MoM −$31,300 −2.7% down $31,300, 2.7% versus September 2022 YoY −8.2% down 8.2% versus October 2021
Sales — Firm transactions reported through the MLS® System during the month.
476
MoM −81 −14.5% down 81, 14.5% versus September 2022 YoY −44.0% down 44.0% versus October 2021
Dollar volume — Total value of all sales in the month.
$582.2M
MoM −$103,876,252 −15.1% down $103,876,252, 15.1% versus September 2022 YoY −47.5% down 47.5% versus October 2021
New listings — Properties newly listed during the month.
1,027
MoM −177 −14.7% down 177, 14.7% versus September 2022 YoY +8.9% up 8.9% versus October 2021
Active listings — Listings available at month end.
1,374
MoM −27 −1.9% down 27, 1.9% versus September 2022 YoY +193.6% up 193.6% versus October 2021
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
24
MoM no change no change versus September 2022 YoY +140.0% up 140.0% versus October 2021
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
37
MoM no change no change versus September 2022 YoY +208.3% up 208.3% versus October 2021
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
96%
MoM no change no change versus September 2022 YoY −10.3% down 10.3% versus October 2021
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
46.4%
MoM +0.1 pp +0.2% up 0.1 pp, 0.2% versus September 2022 YoY −48.6% down 48.6% versus October 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 +0 +14.8% up 0, 14.8% versus September 2022 YoY +424.3% up 424.3% versus October 2021
Trend
13 months to October 2022
Average price
| Month | Average price |
|---|---|
| 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 |
| Sep '22 | 1231803 |
| Oct '22 | 1223189 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Sep '22 | 557 |
| Oct '22 | 476 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 476 | −81 −14.5% down 81, 14.5% versus September 2022 | $1,223,189 | −$8,614 −0.7% down $8,614, 0.7% versus September 2022 | $1,086,000 | 46.4% | 2.9 |
| Detached | 257 | −34 −11.7% down 34, 11.7% versus September 2022 | $1,513,296 | −$57,889 −3.7% down $57,889, 3.7% versus September 2022 | $1,330,000 | 45.1% | 3.0 |
| Semi-detached | 14 | −13 −48.1% down 13, 48.1% versus September 2022 | $1,030,179 | −$31,368 −3.0% down $31,368, 3.0% versus September 2022 | $1,048,500 | 41.2% | 2.4 |
| Att/row/townhouse | 74 | −13 −14.9% down 13, 14.9% versus September 2022 | $1,010,729 | +$14,167 +1.4% up $14,167, 1.4% versus September 2022 | $949,500 | 59.2% | 1.8 |
| Condo townhouse | 50 | −13 −20.6% down 13, 20.6% versus September 2022 | $808,836 | −$23,205 −2.8% down $23,205, 2.8% versus September 2022 | $710,000 | 47.2% | 2.6 |
| Condo apartment | 74 | −11 −12.9% down 11, 12.9% versus September 2022 | $765,589 | +$97,611 +14.6% up $97,611, 14.6% versus September 2022 | $627,500 | 41.1% | 4.0 |
| Link | 7 | +5 +250.0% up 5, 250.0% versus September 2022 | $1,001,286 | −$28,714 −2.8% down $28,714, 2.8% versus September 2022 | $945,000 | 77.8% | 1.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 354.3 | $1,132,600 | −8.2% down 8.2% |
| Single-family detached | 368.8 | $1,422,500 | −10.0% down 10.0% |
| Single-family attached | 390.1 | $986,600 | −9.4% down 9.4% |
| Townhouse | 394.7 | $811,500 | −1.5% down 1.5% |
| Apartment | 369.3 | $630,100 | +2.7% up 2.7% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Burlington +6.6% up 6.6%
- Milton −2.7% down 2.7%
- Oakville −3.1% down 3.1%
- Halton Hills −15.2% down 15.2%
Bottom 5
- Halton Hills −15.2% down 15.2%
- Oakville −3.1% down 3.1%
- Milton −2.7% down 2.7%
- Burlington +6.6% up 6.6%
Sales, month-over-month
Top 5
- Oakville −9.9% down 9.9%
- Burlington −10.4% down 10.4%
- Halton Hills −19.4% down 19.4%
- Milton −25.4% down 25.4%
Bottom 5
- Milton −25.4% down 25.4%
- Halton Hills −19.4% down 19.4%
- Burlington −10.4% down 10.4%
- Oakville −9.9% down 9.9%
Halton Region
Oakville
Oakville, Halton Region
$1,487,485
−$47,325 −3.1% down $47,325, 3.1% versus September 2022
- Sales
- 172
- SP/LP
- 96%
- DOM
- 23
- SNLR
- 44.7%
Burlington
Burlington, Halton Region
$1,130,048
+$70,312 +6.6% up $70,312, 6.6% versus September 2022
- Sales
- 163
- SP/LP
- 95%
- DOM
- 29
- SNLR
- 49.2%
Milton
Milton, Halton Region
$1,031,770
−$29,116 −2.7% down $29,116, 2.7% versus September 2022
- Sales
- 91
- SP/LP
- 98%
- DOM
- 20
- SNLR
- 48.4%
Halton Hills
Halton Hills, Halton Region
$966,031
−$173,734 −15.2% down $173,734, 15.2% versus September 2022
- Sales
- 50
- SP/LP
- 97%
- DOM
- 20
- SNLR
- 40.6%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|