Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,252,642
MoM −$18,473 −1.5% down $18,473, 1.5% versus May 2024 YoY −3.2% down 3.2% versus June 2023
Source: TRREB MarketWatch, June 2024
4 areas
Halton Region
June 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.
$1,100,000
MoM −$20,000 −1.8% down $20,000, 1.8% versus May 2024 YoY −6.3% down 6.3% versus June 2023
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,147,700
MoM −$22,100 −1.9% down $22,100, 1.9% versus May 2024 YoY −5.1% down 5.1% versus June 2023
Sales — Firm transactions reported through the MLS® System during the month.
659
MoM −106 −13.9% down 106, 13.9% versus May 2024 YoY −16.3% down 16.3% versus June 2023
Dollar volume — Total value of all sales in the month.
$825.5M
MoM −$146,911,744 −15.1% down $146,911,744, 15.1% versus May 2024 YoY −19.0% down 19.0% versus June 2023
New listings — Properties newly listed during the month.
1,765
MoM −100 −5.4% down 100, 5.4% versus May 2024 YoY +14.2% up 14.2% versus June 2023
Active listings — Listings available at month end.
2,284
MoM +224 +10.9% up 224, 10.9% versus May 2024 YoY +73.7% up 73.7% versus June 2023
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
20
MoM +1 day +5.3% up 1 day, 5.3% versus May 2024 YoY +42.9% up 42.9% versus June 2023
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
30
MoM +4 days +15.4% up 4 days, 15.4% versus May 2024 YoY +57.9% up 57.9% versus June 2023
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
98%
MoM −1.0 pp −1.0% down 1.0 pp, 1.0% versus May 2024 YoY −3.0% down 3.0% versus June 2023
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
37.3%
MoM −3.7 pp −9.0% down 3.7 pp, 9.0% versus May 2024 YoY −26.7% down 26.7% versus June 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.
3.5
MoM +1 +28.7% up 1, 28.7% versus May 2024 YoY +107.4% up 107.4% versus June 2023
Trend
13 months to June 2024
Average price
| Month | Average price |
|---|---|
| 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 |
| Apr '24 | 1297545 |
| May '24 | 1271115 |
| Jun '24 | 1252642 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Apr '24 | 813 |
| May '24 | 765 |
| Jun '24 | 659 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 659 | −106 −13.9% down 106, 13.9% versus May 2024 | $1,252,642 | −$18,473 −1.5% down $18,473, 1.5% versus May 2024 | $1,100,000 | 37.3% | 3.5 |
| Detached | 344 | −62 −15.3% down 62, 15.3% versus May 2024 | $1,589,750 | −$59,479 −3.6% down $59,479, 3.6% versus May 2024 | $1,399,000 | 37.0% | 3.6 |
| Semi-detached | 42 | +2 +5.0% up 2, 5.0% versus May 2024 | $1,041,788 | +$38,273 +3.8% up $38,273, 3.8% versus May 2024 | $1,048,500 | 59.1% | 1.4 |
| Att/row/townhouse | 110 | +11 +11.1% up 11, 11.1% versus May 2024 | $1,028,453 | −$6,894 −0.7% down $6,894, 0.7% versus May 2024 | $980,000 | 38.6% | 2.5 |
| Condo townhouse | 69 | −9 −11.5% down 9, 11.5% versus May 2024 | $817,149 | −$67 −0.0% down $67, 0.0% versus May 2024 | $750,000 | 46.9% | 2.4 |
| Condo apartment | 87 | −52 −37.4% down 52, 37.4% versus May 2024 | $689,952 | +$18,923 +2.8% up $18,923, 2.8% versus May 2024 | $600,000 | 28.3% | 5.9 |
| Link | 4 | +2 +100.0% up 2, 100.0% versus May 2024 | $1,022,750 | +$97,750 +10.6% up $97,750, 10.6% versus May 2024 | $1,000,000 | 23.5% | 2.8 |
| Co-op apartment | 3 | n/a not available, prior month not on file versus May 2024 | $410,667 | n/a not available, prior month not on file versus May 2024 | $415,000 | 75.0% | 2.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 343.6 | $1,147,700 | −5.1% down 5.1% |
| Single-family detached | 375 | $1,493,000 | −4.5% down 4.5% |
| Single-family attached | 387.3 | $1,010,400 | −5.5% down 5.5% |
| Townhouse | 428.1 | $832,600 | −1.2% down 1.2% |
| Apartment | 339.7 | $628,700 | −1.4% down 1.4% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Halton Hills +6.7% up 6.7%
- Milton +4.7% up 4.7%
- Burlington +0.6% up 0.6%
- Oakville −6.9% down 6.9%
Bottom 5
- Oakville −6.9% down 6.9%
- Burlington +0.6% up 0.6%
- Milton +4.7% up 4.7%
- Halton Hills +6.7% up 6.7%
Sales, month-over-month
Top 5
- Halton Hills −2.7% down 2.7%
- Milton −10.5% down 10.5%
- Oakville −14.6% down 14.6%
- Burlington −18.8% down 18.8%
Bottom 5
- Burlington −18.8% down 18.8%
- Oakville −14.6% down 14.6%
- Milton −10.5% down 10.5%
- Halton Hills −2.7% down 2.7%
Halton Region
Oakville
Oakville, Halton Region
$1,482,150
−$109,828 −6.9% down $109,828, 6.9% versus May 2024
- Sales
- 223
- SP/LP
- 99%
- DOM
- 20
- SNLR
- 30.6%
Burlington
Burlington, Halton Region
$1,164,925
+$6,816 +0.6% up $6,816, 0.6% versus May 2024
- Sales
- 203
- SP/LP
- 97%
- DOM
- 21
- SNLR
- 43.9%
Halton Hills
Halton Hills, Halton Region
$1,140,762
+$72,118 +6.7% up $72,118, 6.7% versus May 2024
- Sales
- 71
- SP/LP
- 98%
- DOM
- 22
- SNLR
- 43.3%
Milton
Milton, Halton Region
$1,095,665
+$49,486 +4.7% up $49,486, 4.7% versus May 2024
- Sales
- 162
- SP/LP
- 99%
- DOM
- 19
- SNLR
- 39.4%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|