Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,294,251
MoM +$21,053 +1.7% up $21,053, 1.7% versus May 2023 YoY +1.9% up 1.9% versus June 2022
Source: TRREB MarketWatch, June 2023
4 areas
Halton Region
June 2023
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$1,173,500
MoM −$1,500 −0.1% down $1,500, 0.1% versus May 2023 YoY +6.7% up 6.7% versus June 2022
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,208,600
MoM −$36,000 −2.9% down $36,000, 2.9% versus May 2023 YoY −1.6% down 1.6% versus June 2022
Sales — Firm transactions reported through the MLS® System during the month.
787
MoM −167 −17.5% down 167, 17.5% versus May 2023 YoY +18.3% up 18.3% versus June 2022
Dollar volume — Total value of all sales in the month.
$1.02B
MoM −$196,055,258 −16.1% down $196,055,258, 16.1% versus May 2023 YoY +20.6% up 20.6% versus June 2022
New listings — Properties newly listed during the month.
1,546
MoM +89 +6.1% up 89, 6.1% versus May 2023 YoY −9.9% down 9.9% versus June 2022
Active listings — Listings available at month end.
1,315
MoM +244 +22.8% up 244, 22.8% versus May 2023 YoY −15.8% down 15.8% versus June 2022
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
14
MoM no change no change versus May 2023 YoY −6.7% down 6.7% versus June 2022
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
19
MoM no change no change versus May 2023 YoY −20.8% down 20.8% versus June 2022
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
101%
MoM −2.0 pp −1.9% down 2.0 pp, 1.9% versus May 2023 YoY +3.1% up 3.1% versus June 2022
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
50.9%
MoM −14.6 pp −22.3% down 14.6 pp, 22.3% versus May 2023 YoY +31.3% up 31.3% versus June 2022
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.
1.7
MoM +1 +48.8% up 1, 48.8% versus May 2023 YoY −28.9% down 28.9% versus June 2022
Trend
13 months to June 2023
Average price
| Month | Average price |
|---|---|
| Jun '22 | 1270053 |
| Jul '22 | 1253458 |
| Aug '22 | 1207303 |
| Sep '22 | 1231803 |
| Oct '22 | 1223189 |
| Nov '22 | 1156315 |
| Dec '22 | 1188341 |
| Jan '23 | 1122501 |
| Feb '23 | 1222095 |
| Mar '23 | 1267636 |
| Apr '23 | 1289479 |
| May '23 | 1273198 |
| Jun '23 | 1294251 |
Sales
| Month | Sales |
|---|---|
| Jun '22 | 665 |
| Jul '22 | 510 |
| Aug '22 | 589 |
| Sep '22 | 557 |
| Oct '22 | 476 |
| Nov '22 | 431 |
| Dec '22 | 305 |
| Jan '23 | 350 |
| Feb '23 | 525 |
| Mar '23 | 731 |
| Apr '23 | 817 |
| May '23 | 954 |
| Jun '23 | 787 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 787 | −167 −17.5% down 167, 17.5% versus May 2023 | $1,294,251 | +$21,053 +1.7% up $21,053, 1.7% versus May 2023 | $1,173,500 | 50.9% | 1.7 |
| Detached | 417 | −38 −8.4% down 38, 8.4% versus May 2023 | $1,632,375 | −$26,366 −1.6% down $26,366, 1.6% versus May 2023 | $1,410,000 | 47.4% | 1.9 |
| Semi-detached | 39 | −18 −31.6% down 18, 31.6% versus May 2023 | $1,092,693 | −$29,660 −2.6% down $29,660, 2.6% versus May 2023 | $1,040,000 | 47.6% | 1.2 |
| Att/row/townhouse | 132 | −12 −8.3% down 12, 8.3% versus May 2023 | $1,064,055 | −$31,248 −2.9% down $31,248, 2.9% versus May 2023 | $1,000,500 | 55.9% | 1.0 |
| Condo townhouse | 66 | −42 −38.9% down 42, 38.9% versus May 2023 | $889,900 | +$37,766 +4.4% up $37,766, 4.4% versus May 2023 | $817,500 | 53.7% | 1.5 |
| Condo apartment | 129 | −50 −27.9% down 50, 27.9% versus May 2023 | $708,209 | −$26,680 −3.6% down $26,680, 3.6% versus May 2023 | $615,000 | 59.5% | 2.0 |
| Link | 4 | −4 −50.0% down 4, 50.0% versus May 2023 | $1,178,125 | +$89,037 +8.2% up $89,037, 8.2% versus May 2023 | $1,186,250 | 50.0% | 1.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 360.9 | $1,208,600 | −1.6% down 1.6% |
| Single-family detached | 391.4 | $1,559,100 | −0.9% down 0.9% |
| Single-family attached | 410.4 | $1,072,900 | +1.5% up 1.5% |
| Townhouse | 428.4 | $834,100 | +3.3% up 3.3% |
| Apartment | 345.3 | $641,200 | −8.5% down 8.5% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Burlington +5.6% up 5.6%
- Oakville +0.9% up 0.9%
- Milton −0.2% down 0.2%
- Halton Hills −3.9% down 3.9%
Bottom 5
- Halton Hills −3.9% down 3.9%
- Milton −0.2% down 0.2%
- Oakville +0.9% up 0.9%
- Burlington +5.6% up 5.6%
Sales, month-over-month
Top 5
- Halton Hills −6.5% down 6.5%
- Milton −15.3% down 15.3%
- Oakville −17.4% down 17.4%
- Burlington −22.0% down 22.0%
Bottom 5
- Burlington −22.0% down 22.0%
- Oakville −17.4% down 17.4%
- Milton −15.3% down 15.3%
- Halton Hills −6.5% down 6.5%
Halton Region
Oakville
Oakville, Halton Region
$1,568,200
+$13,941 +0.9% up $13,941, 0.9% versus May 2023
- Sales
- 270
- SP/LP
- 101%
- DOM
- 15
- SNLR
- 48.6%
Burlington
Burlington, Halton Region
$1,178,036
+$62,742 +5.6% up $62,742, 5.6% versus May 2023
- Sales
- 259
- SP/LP
- 101%
- DOM
- 15
- SNLR
- 55.2%
Halton Hills
Halton Hills, Halton Region
$1,140,818
−$45,950 −3.9% down $45,950, 3.9% versus May 2023
- Sales
- 87
- SP/LP
- 100%
- DOM
- 12
- SNLR
- 52.7%
Milton
Milton, Halton Region
$1,115,784
−$1,746 −0.2% down $1,746, 0.2% versus May 2023
- Sales
- 171
- SP/LP
- 104%
- DOM
- 11
- SNLR
- 48.0%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|