Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,267,011
MoM +$123,493 +10.8% up $123,493, 10.8% versus January 2024 YoY +3.7% up 3.7% versus February 2023
Source: TRREB MarketWatch, February 2024
4 areas
Halton Region
February 2024
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$1,105,000
MoM +$107,000 +10.7% up $107,000, 10.7% versus January 2024 YoY +3.8% up 3.8% versus February 2023
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,157,700
MoM +$59,900 +5.5% up $59,900, 5.5% versus January 2024 YoY +0.8% up 0.8% versus February 2023
Sales — Firm transactions reported through the MLS® System during the month.
633
MoM +179 +39.4% up 179, 39.4% versus January 2024 YoY +20.6% up 20.6% versus February 2023
Dollar volume — Total value of all sales in the month.
$802.0M
MoM +$282,860,751 +54.5% up $282,860,751, 54.5% versus January 2024 YoY +25.0% up 25.0% versus February 2023
New listings — Properties newly listed during the month.
1,186
MoM +389 +48.8% up 389, 48.8% versus January 2024 YoY +36.3% up 36.3% versus February 2023
Active listings — Listings available at month end.
977
MoM +116 +13.5% up 116, 13.5% versus January 2024 YoY −0.6% down 0.6% versus February 2023
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
24
MoM −16 days −40.0% down 16 days, 40.0% versus January 2024 YoY +14.3% up 14.3% versus February 2023
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
36
MoM −20 days −35.7% down 20 days, 35.7% versus January 2024 YoY +16.1% up 16.1% versus February 2023
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
99%
MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus January 2024 YoY +1.0% up 1.0% versus February 2023
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
53.4%
MoM −3.6 pp −6.3% down 3.6 pp, 6.3% versus January 2024 YoY −11.6% down 11.6% versus February 2023
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.
1.5
MoM −0 −18.6% down 0, 18.6% versus January 2024 YoY −17.6% down 17.6% versus February 2023
Trend
13 months to February 2024
Average price
| Month | Average price |
|---|---|
| Feb '23 | 1222095 |
| Mar '23 | 1267636 |
| Apr '23 | 1289479 |
| May '23 | 1273198 |
| Jun '23 | 1294251 |
| Jul '23 | 1255713 |
| Aug '23 | 1230389 |
| Sep '23 | 1245146 |
| Oct '23 | 1199254 |
| Nov '23 | 1208950 |
| Dec '23 | 1302551 |
| Jan '24 | 1143518 |
| Feb '24 | 1267011 |
Sales
| Month | Sales |
|---|---|
| Feb '23 | 525 |
| Mar '23 | 731 |
| Apr '23 | 817 |
| May '23 | 954 |
| Jun '23 | 787 |
| Jul '23 | 565 |
| Aug '23 | 554 |
| Sep '23 | 477 |
| Oct '23 | 425 |
| Nov '23 | 428 |
| Dec '23 | 361 |
| Jan '24 | 454 |
| Feb '24 | 633 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 633 | +179 +39.4% up 179, 39.4% versus January 2024 | $1,267,011 | +$123,493 +10.8% up $123,493, 10.8% versus January 2024 | $1,105,000 | 53.4% | 1.5 |
| Detached | 329 | +109 +49.5% up 109, 49.5% versus January 2024 | $1,658,870 | +$213,308 +14.8% up $213,308, 14.8% versus January 2024 | $1,422,500 | 55.3% | 1.4 |
| Semi-detached | 27 | +5 +22.7% up 5, 22.7% versus January 2024 | $1,041,107 | +$14,152 +1.4% up $14,152, 1.4% versus January 2024 | $1,035,000 | 64.3% | 0.5 |
| Att/row/townhouse | 101 | +11 +12.2% up 11, 12.2% versus January 2024 | $1,022,109 | +$41,323 +4.2% up $41,323, 4.2% versus January 2024 | $985,000 | 60.1% | 0.7 |
| Condo townhouse | 65 | +13 +25.0% up 13, 25.0% versus January 2024 | $815,285 | +$48,495 +6.3% up $48,495, 6.3% versus January 2024 | $745,000 | 56.5% | 1.5 |
| Condo apartment | 107 | +40 +59.7% up 40, 59.7% versus January 2024 | $637,041 | −$68,285 −9.7% down $68,285, 9.7% versus January 2024 | $600,000 | 41.3% | 3.1 |
| Link | 3 | +1 +50.0% up 1, 50.0% versus January 2024 | $920,000 | −$137,500 −13.0% down $137,500, 13.0% versus January 2024 | $895,000 | 75.0% | 0.7 |
| Detached condo | 1 | no change no change versus January 2024 | $990,000 | −$35,000 −3.4% down $35,000, 3.4% versus January 2024 | $990,000 | 33.3% | 3.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 345.7 | $1,157,700 | +0.8% up 0.8% |
| Single-family detached | 375.5 | $1,495,600 | +1.4% up 1.4% |
| Single-family attached | 396 | $1,035,200 | +2.1% up 2.1% |
| Townhouse | 428.4 | $834,000 | +7.0% up 7.0% |
| Apartment | 332.6 | $617,700 | +1.3% up 1.3% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Burlington +15.3% up 15.3%
- Halton Hills +13.6% up 13.6%
- Oakville +8.5% up 8.5%
- Milton +7.1% up 7.1%
Bottom 5
- Milton +7.1% up 7.1%
- Oakville +8.5% up 8.5%
- Halton Hills +13.6% up 13.6%
- Burlington +15.3% up 15.3%
Sales, month-over-month
Top 5
- Oakville +42.7% up 42.7%
- Burlington +41.0% up 41.0%
- Milton +36.0% up 36.0%
- Halton Hills +32.7% up 32.7%
Bottom 5
- Halton Hills +32.7% up 32.7%
- Milton +36.0% up 36.0%
- Burlington +41.0% up 41.0%
- Oakville +42.7% up 42.7%
Halton Region
Oakville
Oakville, Halton Region
$1,575,436
+$123,729 +8.5% up $123,729, 8.5% versus January 2024
- Sales
- 214
- SP/LP
- 99%
- DOM
- 26
- SNLR
- 43.8%
Burlington
Burlington, Halton Region
$1,117,004
+$147,996 +15.3% up $147,996, 15.3% versus January 2024
- Sales
- 203
- SP/LP
- 98%
- DOM
- 26
- SNLR
- 60.8%
Milton
Milton, Halton Region
$1,106,624
+$72,983 +7.1% up $72,983, 7.1% versus January 2024
- Sales
- 151
- SP/LP
- 101%
- DOM
- 23
- SNLR
- 59.0%
Halton Hills
Halton Hills, Halton Region
$1,092,654
+$130,819 +13.6% up $130,819, 13.6% versus January 2024
- Sales
- 65
- SP/LP
- 99%
- DOM
- 16
- SNLR
- 60.8%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|