Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,255,112
Source: TRREB MarketWatch, September 2024
4 areas
September 2024
All home types
Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,255,112
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$1,036,000
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,104,600
Sales — Firm transactions reported through the MLS® System during the month.
537
Dollar volume — Total value of all sales in the month.
$674.0M
New listings — Properties newly listed during the month.
1,758
Active listings — Listings available at month end.
2,510
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
30
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
44
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
97%
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
30.6%
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.
4.7
13 months to September 2024
| Month | Average price |
|---|---|
| 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 |
| Sep '24 | 1255112 |
| Month | Sales |
|---|---|
| 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 |
| Sep '24 | 537 |
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 537 | +17 +3.3% up 17, 3.3% versus August 2024 | $1,255,112 | +$37,635 +3.1% up $37,635, 3.1% versus August 2024 | $1,036,000 | 30.6% | 4.7 |
| Detached | 271 | +15 +5.9% up 15, 5.9% versus August 2024 | $1,661,966 | +$103,457 +6.6% up $103,457, 6.6% versus August 2024 | $1,410,000 | 29.4% | 4.9 |
| Semi-detached | 19 | −3 −13.6% down 3, 13.6% versus August 2024 | $988,842 | +$1,117 +0.1% up $1,117, 0.1% versus August 2024 | $990,000 | 27.9% | 4.3 |
| Att/row/townhouse | 100 | +13 +14.9% up 13, 14.9% versus August 2024 | $968,813 | −$94,519 −8.9% down $94,519, 8.9% versus August 2024 | $935,000 | 37.7% | 3.0 |
| Condo townhouse | 57 | −1 −1.7% down 1, 1.7% versus August 2024 | $770,660 | −$23,856 −3.0% down $23,856, 3.0% versus August 2024 | $745,000 | 35.0% | 3.5 |
| Condo apartment | 81 | −13 −13.8% down 13, 13.8% versus August 2024 | $669,069 | −$83,785 −11.1% down $83,785, 11.1% versus August 2024 | $600,000 | 25.0% | 7.1 |
| Link | 8 | +5 +166.7% up 5, 166.7% versus August 2024 | $1,095,125 | +$88,542 +8.8% up $88,542, 8.8% versus August 2024 | $970,000 | 61.5% | 1.5 |
| Detached condo | 1 | n/a not available, prior month not on file versus August 2024 | $1,050,000 | n/a not available, prior month not on file versus August 2024 | $1,050,000 | — | 3.0 |
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 330.7 | $1,104,600 | −5.2% down 5.2% |
| Single-family detached | 363.7 | $1,447,900 | −3.5% down 3.5% |
| Single-family attached | 381.9 | $996,500 | −2.1% down 2.1% |
| Townhouse | 409.8 | $797,100 | −5.3% down 5.3% |
| Apartment | 330.8 | $612,300 | −5.0% down 5.0% |
Minimum 10 sales to qualify
Top 5
Bottom 5
Top 5
Bottom 5
Oakville
Oakville, Halton Region
$1,585,452
+$155,118 +10.8% up $155,118, 10.8% versus August 2024
Burlington
Burlington, Halton Region
$1,159,810
−$18,619 −1.6% down $18,619, 1.6% versus August 2024
Milton
Milton, Halton Region
$1,021,471
−$42,989 −4.0% down $42,989, 4.0% versus August 2024
Halton Hills
Halton Hills, Halton Region
$981,286
+$2,086 +0.2% up $2,086, 0.2% versus August 2024
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|