Source: TRREB MarketWatch, September 2024

4 areas

Halton Region

September 2024

Headline indicators

All home types

Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.

$1,255,112

MoM +$37,635 +3.1% up $37,635, 3.1% versus August 2024 YoY +0.8% up 0.8% versus September 2023

Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.

$1,036,000

MoM −$39,000 −3.6% down $39,000, 3.6% versus August 2024 YoY −7.9% down 7.9% versus September 2023

MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.

$1,104,600

MoM −$22,600 −2.0% down $22,600, 2.0% versus August 2024 YoY −5.2% down 5.2% versus September 2023

Sales — Firm transactions reported through the MLS® System during the month.

537

MoM +17 +3.3% up 17, 3.3% versus August 2024 YoY +12.6% up 12.6% versus September 2023

Dollar volume — Total value of all sales in the month.

$674.0M

MoM +$40,907,320 +6.5% up $40,907,320, 6.5% versus August 2024 YoY +13.5% up 13.5% versus September 2023

New listings — Properties newly listed during the month.

1,758

MoM +483 +37.9% up 483, 37.9% versus August 2024 YoY +9.2% up 9.2% versus September 2023

Active listings — Listings available at month end.

2,510

MoM +258 +11.5% up 258, 11.5% versus August 2024 YoY +34.4% up 34.4% versus September 2023

Avg. LDOM — Average days on market for the current listing. Not reported before 2020.

30

MoM +1 day +3.4% up 1 day, 3.4% versus August 2024 YoY +42.9% up 42.9% versus September 2023

Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.

44

MoM +1 day +2.3% up 1 day, 2.3% versus August 2024 YoY +51.7% up 51.7% versus September 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 August 2024 YoY −1.0% down 1.0% versus September 2023

SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.

30.6%

MoM −10.2 pp −25.1% down 10.2 pp, 25.1% versus August 2024 YoY +3.1% up 3.1% versus September 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.

4.7

MoM +0 +7.9% up 0, 7.9% versus August 2024 YoY +19.4% up 19.4% versus September 2023

Trend

13 months to September 2024

Average price

Halton Region average selling price over the 13 months ending 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

Sales

Halton Region sales over the 13 months ending September 2024.
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

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
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

MLS® Home Price Index

CategoryIndexBenchmarkYoY
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%

Movers within Halton Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Oakville +10.8% up 10.8%
  2. Halton Hills +0.2% up 0.2%
  3. Burlington −1.6% down 1.6%
  4. Milton −4.0% down 4.0%

Bottom 5

  1. Milton −4.0% down 4.0%
  2. Burlington −1.6% down 1.6%
  3. Halton Hills +0.2% up 0.2%
  4. Oakville +10.8% up 10.8%

Sales, month-over-month

Top 5

  1. Burlington +8.3% up 8.3%
  2. Halton Hills +7.7% up 7.7%
  3. Oakville +2.2% up 2.2%
  4. Milton −3.1% down 3.1%

Bottom 5

  1. Milton −3.1% down 3.1%
  2. Oakville +2.2% up 2.2%
  3. Halton Hills +7.7% up 7.7%
  4. Burlington +8.3% up 8.3%

Halton Region

Oakville

Oakville, Halton Region

$1,585,452

+$155,118 +10.8% up $155,118, 10.8% versus August 2024

Sales
185
SP/LP
96%
DOM
29
SNLR
24.6%

Full history →

Burlington

Burlington, Halton Region

$1,159,810

−$18,619 −1.6% down $18,619, 1.6% versus August 2024

Sales
169
SP/LP
97%
DOM
34
SNLR
35.5%

Full history →

Milton

Milton, Halton Region

$1,021,471

−$42,989 −4.0% down $42,989, 4.0% versus August 2024

Sales
127
SP/LP
99%
DOM
28
SNLR
33.8%

Full history →

Halton Hills

Halton Hills, Halton Region

$981,286

+$2,086 +0.2% up $2,086, 0.2% versus August 2024

Sales
56
SP/LP
98%
DOM
25
SNLR
36.4%

Full history →

All Halton Region areas

0 areas

Area Sales MoM $ volume Average MoM Median New Active SP/LP LDOM PDOM SNLR MOI