Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,156,315
MoM −$66,874 −5.5% down $66,874, 5.5% versus October 2022 YoY −14.8% down 14.8% versus November 2021
Source: TRREB MarketWatch, November 2022
4 areas
Halton Region
November 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.
$1,005,000
MoM −$81,000 −7.5% down $81,000, 7.5% versus October 2022 YoY −16.3% down 16.3% versus November 2021
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,134,800
MoM +$2,200 +0.2% up $2,200, 0.2% versus October 2022 YoY −11.2% down 11.2% versus November 2021
Sales — Firm transactions reported through the MLS® System during the month.
431
MoM −45 −9.5% down 45, 9.5% versus October 2022 YoY −46.0% down 46.0% versus November 2021
Dollar volume — Total value of all sales in the month.
$498.4M
MoM −$83,866,265 −14.4% down $83,866,265, 14.4% versus October 2022 YoY −54.0% down 54.0% versus November 2021
New listings — Properties newly listed during the month.
802
MoM −225 −21.9% down 225, 21.9% versus October 2022 YoY −1.6% down 1.6% versus November 2021
Active listings — Listings available at month end.
1,238
MoM −136 −9.9% down 136, 9.9% versus October 2022 YoY +257.8% up 257.8% versus November 2021
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
26
MoM +2 days +8.3% up 2 days, 8.3% versus October 2022 YoY +160.0% up 160.0% versus November 2021
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
39
MoM +2 days +5.4% up 2 days, 5.4% versus October 2022 YoY +200.0% up 200.0% versus November 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% up 1.0 pp, 1.0% versus October 2022 YoY −10.2% down 10.2% versus November 2021
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
53.7%
MoM +7.4 pp +15.9% up 7.4 pp, 15.9% versus October 2022 YoY −45.1% down 45.1% versus November 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 −0.5% down 0, 0.5% versus October 2022 YoY +562.5% up 562.5% versus November 2021
Trend
13 months to November 2022
Average price
| Month | Average price |
|---|---|
| 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 |
| Nov '22 | 1156315 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Nov '22 | 431 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 431 | −45 −9.5% down 45, 9.5% versus October 2022 | $1,156,315 | −$66,874 −5.5% down $66,874, 5.5% versus October 2022 | $1,005,000 | 53.7% | 2.9 |
| Detached | 209 | −48 −18.7% down 48, 18.7% versus October 2022 | $1,476,310 | −$36,986 −2.4% down $36,986, 2.4% versus October 2022 | $1,340,000 | 46.0% | 3.4 |
| Semi-detached | 22 | +8 +57.1% up 8, 57.1% versus October 2022 | $962,992 | −$67,187 −6.5% down $67,187, 6.5% versus October 2022 | $979,500 | 66.7% | 1.2 |
| Att/row/townhouse | 67 | −7 −9.5% down 7, 9.5% versus October 2022 | $993,973 | −$16,756 −1.7% down $16,756, 1.7% versus October 2022 | $915,000 | 70.5% | 1.7 |
| Condo townhouse | 58 | +8 +16.0% up 8, 16.0% versus October 2022 | $812,972 | +$4,136 +0.5% up $4,136, 0.5% versus October 2022 | $751,000 | 75.3% | 1.9 |
| Condo apartment | 72 | −2 −2.7% down 2, 2.7% versus October 2022 | $719,283 | −$46,306 −6.0% down $46,306, 6.0% versus October 2022 | $630,000 | 51.8% | 3.9 |
| Link | 3 | −4 −57.1% down 4, 57.1% versus October 2022 | $1,033,333 | +$32,047 +3.2% up $32,047, 3.2% versus October 2022 | $1,055,000 | 75.0% | 1.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 355 | $1,134,800 | −11.2% down 11.2% |
| Single-family detached | 371.3 | $1,432,000 | −12.5% down 12.5% |
| Single-family attached | 393.6 | $995,400 | −12.6% down 12.6% |
| Townhouse | 380.2 | $781,600 | −7.7% down 7.7% |
| Apartment | 371.7 | $634,200 | +1.1% up 1.1% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Halton Hills +10.4% up 10.4%
- Milton +4.5% up 4.5%
- Oakville −6.0% down 6.0%
- Burlington −14.6% down 14.6%
Bottom 5
- Burlington −14.6% down 14.6%
- Oakville −6.0% down 6.0%
- Milton +4.5% up 4.5%
- Halton Hills +10.4% up 10.4%
Sales, month-over-month
Top 5
- Milton no change no change
- Halton Hills no change no change
- Oakville −9.9% down 9.9%
- Burlington −17.2% down 17.2%
Bottom 5
- Burlington −17.2% down 17.2%
- Oakville −9.9% down 9.9%
- Halton Hills no change no change
- Milton no change no change
Halton Region
Oakville
Oakville, Halton Region
$1,397,718
−$89,767 −6.0% down $89,767, 6.0% versus October 2022
- Sales
- 155
- SP/LP
- 98%
- DOM
- 25
- SNLR
- 53.5%
Milton
Milton, Halton Region
$1,078,240
+$46,470 +4.5% up $46,470, 4.5% versus October 2022
- Sales
- 91
- SP/LP
- 98%
- DOM
- 19
- SNLR
- 58.3%
Halton Hills
Halton Hills, Halton Region
$1,066,776
+$100,745 +10.4% up $100,745, 10.4% versus October 2022
- Sales
- 50
- SP/LP
- 95%
- DOM
- 35
- SNLR
- 48.5%
Burlington
Burlington, Halton Region
$964,939
−$165,109 −14.6% down $165,109, 14.6% versus October 2022
- Sales
- 135
- SP/LP
- 97%
- DOM
- 28
- SNLR
- 53.4%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|