Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,244,298
MoM −$22,713 −1.8% down $22,713, 1.8% versus February 2024 YoY −1.8% down 1.8% versus March 2023
Source: TRREB MarketWatch, March 2024
4 areas
Halton Region
March 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.
$1,110,000
MoM +$5,000 +0.5% up $5,000, 0.5% versus February 2024 YoY +0.8% up 0.8% versus March 2023
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,157,100
MoM −$600 −0.1% down $600, 0.1% versus February 2024 YoY −2.3% down 2.3% versus March 2023
Sales — Firm transactions reported through the MLS® System during the month.
718
MoM +85 +13.4% up 85, 13.4% versus February 2024 YoY −1.8% down 1.8% versus March 2023
Dollar volume — Total value of all sales in the month.
$893.4M
MoM +$91,387,891 +11.4% up $91,387,891, 11.4% versus February 2024 YoY −3.6% down 3.6% versus March 2023
New listings — Properties newly listed during the month.
1,259
MoM +73 +6.2% up 73, 6.2% versus February 2024 YoY +15.6% up 15.6% versus March 2023
Active listings — Listings available at month end.
1,043
MoM +66 +6.8% up 66, 6.8% versus February 2024 YoY +4.6% up 4.6% versus March 2023
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
19
MoM −5 days −20.8% down 5 days, 20.8% versus February 2024 YoY no change no change versus March 2023
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
28
MoM −8 days −22.2% down 8 days, 22.2% versus February 2024 YoY −3.4% down 3.4% versus March 2023
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
100%
MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus February 2024 YoY +1.0% up 1.0% versus March 2023
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
57.0%
MoM +3.7 pp +6.9% up 3.7 pp, 6.9% versus February 2024 YoY −15.0% down 15.0% versus March 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.
1.4
MoM −0 −5.9% down 0, 5.9% versus February 2024 YoY +6.5% up 6.5% versus March 2023
Trend
13 months to March 2024
Average price
| Month | Average price |
|---|---|
| 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 |
| Mar '24 | 1244298 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Mar '24 | 718 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 718 | +85 +13.4% up 85, 13.4% versus February 2024 | $1,244,298 | −$22,713 −1.8% down $22,713, 1.8% versus February 2024 | $1,110,000 | 57.0% | 1.4 |
| Detached | 363 | +34 +10.3% up 34, 10.3% versus February 2024 | $1,628,522 | −$30,348 −1.8% down $30,348, 1.8% versus February 2024 | $1,451,000 | 54.9% | 1.3 |
| Semi-detached | 32 | +5 +18.5% up 5, 18.5% versus February 2024 | $1,031,990 | −$9,117 −0.9% down $9,117, 0.9% versus February 2024 | $1,021,000 | 71.1% | 0.7 |
| Att/row/townhouse | 107 | +6 +5.9% up 6, 5.9% versus February 2024 | $1,012,959 | −$9,150 −0.9% down $9,150, 0.9% versus February 2024 | $980,000 | 60.1% | 0.8 |
| Condo townhouse | 82 | +17 +26.2% up 17, 26.2% versus February 2024 | $789,038 | −$26,247 −3.2% down $26,247, 3.2% versus February 2024 | $750,000 | 72.6% | 1.3 |
| Condo apartment | 123 | +16 +15.0% up 16, 15.0% versus February 2024 | $686,316 | +$49,275 +7.7% up $49,275, 7.7% versus February 2024 | $610,000 | 49.4% | 2.9 |
| Link | 9 | +6 +200.0% up 6, 200.0% versus February 2024 | $1,128,778 | +$208,778 +22.7% up $208,778, 22.7% versus February 2024 | $1,144,000 | 112.5% | 0.1 |
| Detached condo | 1 | no change no change versus February 2024 | $1,170,000 | +$180,000 +18.2% up $180,000, 18.2% versus February 2024 | $1,170,000 | 25.0% | 3.0 |
| Co-ownership apartment | 1 | n/a not available, prior month not on file versus February 2024 | $395,000 | n/a not available, prior month not on file versus February 2024 | $395,000 | — | 0.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 345.5 | $1,157,100 | −2.3% down 2.3% |
| Single-family detached | 377.6 | $1,503,900 | −1.7% down 1.7% |
| Single-family attached | 395.8 | $1,034,500 | +0.2% up 0.2% |
| Townhouse | 418.1 | $814,000 | −0.2% down 0.2% |
| Apartment | 335.1 | $622,200 | +2.4% up 2.4% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Halton Hills +4.0% up 4.0%
- Burlington +0.3% up 0.3%
- Milton −4.1% down 4.1%
- Oakville −5.7% down 5.7%
Bottom 5
- Oakville −5.7% down 5.7%
- Milton −4.1% down 4.1%
- Burlington +0.3% up 0.3%
- Halton Hills +4.0% up 4.0%
Sales, month-over-month
Top 5
- Oakville +24.3% up 24.3%
- Burlington +16.3% up 16.3%
- Milton +2.6% up 2.6%
- Halton Hills −6.2% down 6.2%
Bottom 5
- Halton Hills −6.2% down 6.2%
- Milton +2.6% up 2.6%
- Burlington +16.3% up 16.3%
- Oakville +24.3% up 24.3%
Halton Region
Oakville
Oakville, Halton Region
$1,486,047
−$89,389 −5.7% down $89,389, 5.7% versus February 2024
- Sales
- 266
- SP/LP
- 100%
- DOM
- 21
- SNLR
- 52.8%
Halton Hills
Halton Hills, Halton Region
$1,136,762
+$44,108 +4.0% up $44,108, 4.0% versus February 2024
- Sales
- 61
- SP/LP
- 97%
- DOM
- 19
- SNLR
- 43.0%
Burlington
Burlington, Halton Region
$1,119,979
+$2,975 +0.3% up $2,975, 0.3% versus February 2024
- Sales
- 236
- SP/LP
- 100%
- DOM
- 22
- SNLR
- 69.4%
Milton
Milton, Halton Region
$1,061,031
−$45,593 −4.1% down $45,593, 4.1% versus February 2024
- Sales
- 155
- SP/LP
- 103%
- DOM
- 12
- SNLR
- 56.8%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|