Source: TRREB MarketWatch, January 2023

4 areas

Halton Region

January 2023

Headline indicators

All home types

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

$1,122,501

MoM −$65,840 −5.5% YoY −24.4%

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

$986,950

MoM −$43,050 −4.2% YoY −26.3%

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

$1,122,900

MoM −$4,100 −0.4% YoY −21.9%

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

350

MoM +45 +14.8% YoY −29.6%

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

$392.9M

MoM +$30,431,188 +8.4% YoY −46.7%

New listings — Properties newly listed during the month.

776

MoM +392 +102.1% YoY +13.3%

Active listings — Listings available at month end.

937

MoM +54 +6.1% YoY +214.4%

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

MoM no change YoY +220.0%

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

MoM −1 day −2.2% YoY +266.7%

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 −14.3%

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

45.1%

MoM −34.3 pp −43.2% YoY −37.8%

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.

2.7

MoM −0 −7.5% YoY +346.5%

Trend

13 months to January 2023

Average price

Halton Region average selling price over the 13 months ending January 2023.
Month	Average price
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
Dec '22	1188341
Jan '23	1122501

Sales

Halton Region sales over the 13 months ending January 2023.
Month	Sales
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
Dec '22	305
Jan '23	350

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	350	+45 +14.8% up 45, 14.8% versus December 2022	$1,122,501	−$65,840 −5.5% down $65,840, 5.5% versus December 2022	$986,950	45.1%	2.7
Detached	168	−2 −1.2% down 2, 1.2% versus December 2022	$1,441,648	−$60,481 −4.0% down $60,481, 4.0% versus December 2022	$1,257,500	42.4%	3.0
Semi-detached	17	+9 +112.5% up 9, 112.5% versus December 2022	$958,782	−$67,981 −6.6% down $67,981, 6.6% versus December 2022	$920,000	70.8%	0.9
Att/row/townhouse	56	+18 +47.4% up 18, 47.4% versus December 2022	$959,652	+$25,354 +2.7% up $25,354, 2.7% versus December 2022	$936,650	47.5%	1.8
Condo townhouse	42	+7 +20.0% up 7, 20.0% versus December 2022	$752,933	−$538 −0.1% down $538, 0.1% versus December 2022	$717,250	64.6%	1.6
Condo apartment	67	+14 +26.4% up 14, 26.4% versus December 2022	$731,573	+$54,343 +8.0% up $54,343, 8.0% versus December 2022	$585,000	39.0%	3.8

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	351.2	$1,122,900	−21.9% down 21.9%
Single-family detached	367.9	$1,418,900	−23.4% down 23.4%
Single-family attached	390.5	$987,500	−23.1% down 23.1%
Townhouse	375.1	$771,300	−20.1% down 20.1%
Apartment	368.9	$629,300	−5.1% down 5.1%

Movers within Halton Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Milton −1.3% down 1.3%
Oakville −4.7% down 4.7%
Halton Hills −6.3% down 6.3%
Burlington −12.5% down 12.5%

Bottom 5

Burlington −12.5% down 12.5%
Halton Hills −6.3% down 6.3%
Oakville −4.7% down 4.7%
Milton −1.3% down 1.3%

Sales, month-over-month

Top 5

Oakville +31.2% up 31.2%
Burlington +23.3% up 23.3%
Halton Hills −2.6% down 2.6%
Milton −9.9% down 9.9%

Bottom 5

Milton −9.9% down 9.9%
Halton Hills −2.6% down 2.6%
Burlington +23.3% up 23.3%
Oakville +31.2% up 31.2%

Halton Region

Oakville

Oakville, Halton Region

$1,381,445

−$68,277 −4.7% down $68,277, 4.7% versus December 2022

Sales: 122
SP/LP: 95%
DOM: 36
SNLR: 43.4%

Full history →

Milton

Milton, Halton Region

$1,055,208

−$13,860 −1.3% down $13,860, 1.3% versus December 2022

Sales: 64
SP/LP: 100%
DOM: 25
SNLR: 45.1%

Full history →

Halton Hills

Halton Hills, Halton Region

$1,023,358

−$68,810 −6.3% down $68,810, 6.3% versus December 2022

Sales: 37
SP/LP: 97%
DOM: 35
SNLR: 45.1%

Full history →

Burlington

Burlington, Halton Region

$936,547

−$133,489 −12.5% down $133,489, 12.5% versus December 2022

Sales: 127
SP/LP: 96%
DOM: 32
SNLR: 46.9%

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