Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,246,352
MoM −$6,290 −0.5% down $6,290, 0.5% versus June 2024 YoY −0.7% down 0.7% versus July 2023
Source: TRREB MarketWatch, July 2024
4 areas
Halton Region
July 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.
$1,075,000
MoM −$25,000 −2.3% down $25,000, 2.3% versus June 2024 YoY −5.0% down 5.0% versus July 2023
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,133,100
MoM −$14,600 −1.3% down $14,600, 1.3% versus June 2024 YoY −4.7% down 4.7% versus July 2023
Sales — Firm transactions reported through the MLS® System during the month.
543
MoM −116 −17.6% down 116, 17.6% versus June 2024 YoY −3.9% down 3.9% versus July 2023
Dollar volume — Total value of all sales in the month.
$676.8M
MoM −$148,721,611 −18.0% down $148,721,611, 18.0% versus June 2024 YoY −4.6% down 4.6% versus July 2023
New listings — Properties newly listed during the month.
1,557
MoM −208 −11.8% down 208, 11.8% versus June 2024 YoY +26.3% up 26.3% versus July 2023
Active listings — Listings available at month end.
2,324
MoM +40 +1.8% up 40, 1.8% versus June 2024 YoY +69.9% up 69.9% versus July 2023
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
26
MoM +6 days +30.0% up 6 days, 30.0% versus June 2024 YoY +52.9% up 52.9% versus July 2023
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
39
MoM +9 days +30.0% up 9 days, 30.0% versus June 2024 YoY +69.6% up 69.6% versus July 2023
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
97%
MoM −1.0 pp −1.0% down 1.0 pp, 1.0% versus June 2024 YoY −2.0% down 2.0% versus July 2023
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
34.9%
MoM −2.5 pp −6.6% down 2.5 pp, 6.6% versus June 2024 YoY −23.9% down 23.9% versus July 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.
4.3
MoM +1 +23.5% up 1, 23.5% versus June 2024 YoY +76.8% up 76.8% versus July 2023
Trend
13 months to July 2024
Average price
| Month | Average price |
|---|---|
| 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 |
| Jul '24 | 1246352 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Jul '24 | 543 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 543 | −116 −17.6% down 116, 17.6% versus June 2024 | $1,246,352 | −$6,290 −0.5% down $6,290, 0.5% versus June 2024 | $1,075,000 | 34.9% | 4.3 |
| Detached | 276 | −68 −19.8% down 68, 19.8% versus June 2024 | $1,590,391 | +$641 +0.0% up $641, 0.0% versus June 2024 | $1,391,500 | 35.3% | 4.4 |
| Semi-detached | 23 | −19 −45.2% down 19, 45.2% versus June 2024 | $996,978 | −$44,810 −4.3% down $44,810, 4.3% versus June 2024 | $1,001,000 | 42.6% | 2.6 |
| Att/row/townhouse | 92 | −18 −16.4% down 18, 16.4% versus June 2024 | $1,043,467 | +$15,014 +1.5% up $15,014, 1.5% versus June 2024 | $977,500 | 37.1% | 3.3 |
| Condo townhouse | 60 | −9 −13.0% down 9, 13.0% versus June 2024 | $765,090 | −$52,059 −6.4% down $52,059, 6.4% versus June 2024 | $744,000 | 38.7% | 3.1 |
| Condo apartment | 83 | −4 −4.6% down 4, 4.6% versus June 2024 | $771,876 | +$81,924 +11.9% up $81,924, 11.9% versus June 2024 | $651,300 | 27.2% | 6.4 |
| Link | 7 | +3 +75.0% up 3, 75.0% versus June 2024 | $1,080,286 | +$57,536 +5.6% up $57,536, 5.6% versus June 2024 | $1,065,000 | 70.0% | 1.6 |
| Co-op apartment | 1 | −2 −66.7% down 2, 66.7% versus June 2024 | $315,000 | −$95,667 −23.3% down $95,667, 23.3% versus June 2024 | $315,000 | 100.0% | 5.0 |
| Detached condo | 1 | n/a not available, prior month not on file versus June 2024 | $1,044,000 | n/a not available, prior month not on file versus June 2024 | $1,044,000 | 50.0% | 3.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 339.3 | $1,133,100 | −4.7% down 4.7% |
| Single-family detached | 370.7 | $1,475,700 | −4.4% down 4.4% |
| Single-family attached | 384.6 | $1,003,300 | −4.2% down 4.2% |
| Townhouse | 416.3 | $809,800 | −0.2% down 0.2% |
| Apartment | 338 | $625,700 | −2.6% down 2.6% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Halton Hills +6.9% up 6.9%
- Oakville −0.3% down 0.3%
- Milton −0.5% down 0.5%
- Burlington −3.3% down 3.3%
Bottom 5
- Burlington −3.3% down 3.3%
- Milton −0.5% down 0.5%
- Oakville −0.3% down 0.3%
- Halton Hills +6.9% up 6.9%
Sales, month-over-month
Top 5
- Burlington −13.8% down 13.8%
- Oakville −17.5% down 17.5%
- Milton −20.4% down 20.4%
- Halton Hills −22.5% down 22.5%
Bottom 5
- Halton Hills −22.5% down 22.5%
- Milton −20.4% down 20.4%
- Oakville −17.5% down 17.5%
- Burlington −13.8% down 13.8%
Halton Region
Oakville
Oakville, Halton Region
$1,477,883
−$4,267 −0.3% down $4,267, 0.3% versus June 2024
- Sales
- 184
- SP/LP
- 96%
- DOM
- 28
- SNLR
- 30.7%
Halton Hills
Halton Hills, Halton Region
$1,219,348
+$78,586 +6.9% up $78,586, 6.9% versus June 2024
- Sales
- 55
- SP/LP
- 95%
- DOM
- 25
- SNLR
- 36.7%
Burlington
Burlington, Halton Region
$1,126,610
−$38,315 −3.3% down $38,315, 3.3% versus June 2024
- Sales
- 175
- SP/LP
- 98%
- DOM
- 27
- SNLR
- 41.6%
Milton
Milton, Halton Region
$1,090,062
−$5,603 −0.5% down $5,603, 0.5% versus June 2024
- Sales
- 129
- SP/LP
- 98%
- DOM
- 22
- SNLR
- 33.3%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|