Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,217,477
MoM −$28,875 −2.3% down $28,875, 2.3% versus July 2024 YoY −1.0% down 1.0% versus August 2023
Source: TRREB MarketWatch, August 2024
4 areas
Halton Region
August 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 no change no change versus July 2024 YoY −1.4% down 1.4% versus August 2023
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,127,200
MoM −$5,900 −0.5% down $5,900, 0.5% versus July 2024 YoY −4.5% down 4.5% versus August 2023
Sales — Firm transactions reported through the MLS® System during the month.
520
MoM −23 −4.2% down 23, 4.2% versus July 2024 YoY −6.1% down 6.1% versus August 2023
Dollar volume — Total value of all sales in the month.
$633.1M
MoM −$43,681,356 −6.5% down $43,681,356, 6.5% versus July 2024 YoY −7.1% down 7.1% versus August 2023
New listings — Properties newly listed during the month.
1,275
MoM −282 −18.1% down 282, 18.1% versus July 2024 YoY +3.6% up 3.6% versus August 2023
Active listings — Listings available at month end.
2,252
MoM −72 −3.1% down 72, 3.1% versus July 2024 YoY +52.5% up 52.5% versus August 2023
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
29
MoM +3 days +11.5% up 3 days, 11.5% versus July 2024 YoY +31.8% up 31.8% versus August 2023
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
43
MoM +4 days +10.3% up 4 days, 10.3% versus July 2024 YoY +48.3% up 48.3% versus August 2023
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
97%
MoM no change no change versus July 2024 YoY −2.0% down 2.0% versus August 2023
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
40.8%
MoM +5.9 pp +16.9% up 5.9 pp, 16.9% versus July 2024 YoY −9.4% down 9.4% versus August 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 +0 +1.2% up 0, 1.2% versus July 2024 YoY +62.4% up 62.4% versus August 2023
Trend
13 months to August 2024
Average price
| Month | Average price |
|---|---|
| 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 |
| Aug '24 | 1217477 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Aug '24 | 520 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 520 | −23 −4.2% down 23, 4.2% versus July 2024 | $1,217,477 | −$28,875 −2.3% down $28,875, 2.3% versus July 2024 | $1,075,000 | 40.8% | 4.3 |
| Detached | 256 | −20 −7.2% down 20, 7.2% versus July 2024 | $1,558,509 | −$31,882 −2.0% down $31,882, 2.0% versus July 2024 | $1,300,000 | 41.2% | 4.5 |
| Semi-detached | 22 | −1 −4.3% down 1, 4.3% versus July 2024 | $987,725 | −$9,253 −0.9% down $9,253, 0.9% versus July 2024 | $983,527 | 45.8% | 2.9 |
| Att/row/townhouse | 87 | −5 −5.4% down 5, 5.4% versus July 2024 | $1,063,332 | +$19,865 +1.9% up $19,865, 1.9% versus July 2024 | $950,000 | 43.3% | 3.2 |
| Condo townhouse | 58 | −2 −3.3% down 2, 3.3% versus July 2024 | $794,516 | +$29,426 +3.8% up $29,426, 3.8% versus July 2024 | $727,000 | 50.0% | 3.1 |
| Condo apartment | 94 | +11 +13.3% up 11, 13.3% versus July 2024 | $752,854 | −$19,022 −2.5% down $19,022, 2.5% versus July 2024 | $620,000 | 34.2% | 5.8 |
| Link | 3 | −4 −57.1% down 4, 57.1% versus July 2024 | $1,006,583 | −$73,703 −6.8% down $73,703, 6.8% versus July 2024 | $994,750 | 27.3% | 4.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 337.5 | $1,127,200 | −4.5% down 4.5% |
| Single-family detached | 370.2 | $1,473,900 | −3.2% down 3.2% |
| Single-family attached | 382 | $996,600 | −4.3% down 4.3% |
| Townhouse | 409.7 | $796,800 | −5.3% down 5.3% |
| Apartment | 333.3 | $617,000 | −3.7% down 3.7% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Burlington +4.6% up 4.6%
- Milton −2.3% down 2.3%
- Oakville −3.2% down 3.2%
- Halton Hills −19.7% down 19.7%
Bottom 5
- Halton Hills −19.7% down 19.7%
- Oakville −3.2% down 3.2%
- Milton −2.3% down 2.3%
- Burlington +4.6% up 4.6%
Sales, month-over-month
Top 5
- Milton +1.6% up 1.6%
- Oakville −1.6% down 1.6%
- Halton Hills −5.5% down 5.5%
- Burlington −10.9% down 10.9%
Bottom 5
- Burlington −10.9% down 10.9%
- Halton Hills −5.5% down 5.5%
- Oakville −1.6% down 1.6%
- Milton +1.6% up 1.6%
Halton Region
Oakville
Oakville, Halton Region
$1,430,334
−$47,549 −3.2% down $47,549, 3.2% versus July 2024
- Sales
- 181
- SP/LP
- 97%
- DOM
- 33
- SNLR
- 36.5%
Burlington
Burlington, Halton Region
$1,178,429
+$51,819 +4.6% up $51,819, 4.6% versus July 2024
- Sales
- 156
- SP/LP
- 97%
- DOM
- 29
- SNLR
- 43.6%
Milton
Milton, Halton Region
$1,064,460
−$25,602 −2.3% down $25,602, 2.3% versus July 2024
- Sales
- 131
- SP/LP
- 99%
- DOM
- 26
- SNLR
- 43.4%
Halton Hills
Halton Hills, Halton Region
$979,200
−$240,148 −19.7% down $240,148, 19.7% versus July 2024
- Sales
- 52
- SP/LP
- 97%
- DOM
- 23
- SNLR
- 43.7%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|