Source: TRREB MarketWatch, November 2024

4 areas

Halton Region

November 2024

Headline indicators

All home types

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

$1,266,249

MoM +$53,870 +4.4% up $53,870, 4.4% versus October 2024 YoY +4.7% up 4.7% versus November 2023

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

$1,072,000

MoM +$7,000 +0.7% up $7,000, 0.7% versus October 2024 YoY +5.6% up 5.6% versus November 2023

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

$1,091,200

MoM +$2,100 +0.2% up $2,100, 0.2% versus October 2024 YoY −0.1% down 0.1% versus November 2023

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

625

MoM −75 −10.7% down 75, 10.7% versus October 2024 YoY +46.0% up 46.0% versus November 2023

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

$791.4M

MoM −$57,259,323 −6.7% down $57,259,323, 6.7% versus October 2024 YoY +52.9% up 52.9% versus November 2023

New listings — Properties newly listed during the month.

1,290

MoM −220 −14.6% down 220, 14.6% versus October 2024 YoY +36.8% up 36.8% versus November 2023

Active listings — Listings available at month end.

2,382

MoM −16 −0.7% down 16, 0.7% versus October 2024 YoY +51.0% up 51.0% versus November 2023

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

33

MoM +4 days +13.8% up 4 days, 13.8% versus October 2024 YoY +17.9% up 17.9% versus November 2023

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

50

MoM +5 days +11.1% up 5 days, 11.1% versus October 2024 YoY +11.1% up 11.1% versus November 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 October 2024 YoY +1.0% up 1.0% versus November 2023

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

48.5%

MoM +2.1 pp +4.5% up 2.1 pp, 4.5% versus October 2024 YoY +6.7% up 6.7% versus November 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.

3.8

MoM +0 +11.3% up 0, 11.3% versus October 2024 YoY +3.4% up 3.4% versus November 2023

Trend

13 months to November 2024

Average price

Halton Region average selling price over the 13 months ending November 2024.
Month Average price
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
Oct '24 1212379
Nov '24 1266249

Sales

Halton Region sales over the 13 months ending November 2024.
Month Sales
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
Oct '24 700
Nov '24 625

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 625 −75 −10.7% down 75, 10.7% versus October 2024 $1,266,249 +$53,870 +4.4% up $53,870, 4.4% versus October 2024 $1,072,000 48.5% 3.8
Detached 321 −58 −15.3% down 58, 15.3% versus October 2024 $1,646,232 +$150,443 +10.1% up $150,443, 10.1% versus October 2024 $1,377,500 50.5% 3.8
Semi-detached 44 +7 +18.9% up 7, 18.9% versus October 2024 $996,813 −$1,700 −0.2% down $1,700, 0.2% versus October 2024 $982,500 68.8% 1.7
Att/row/townhouse 99 −15 −13.2% down 15, 13.2% versus October 2024 $990,041 −$49,468 −4.8% down $49,468, 4.8% versus October 2024 $950,000 53.5% 2.6
Condo townhouse 55 −4 −6.8% down 4, 6.8% versus October 2024 $750,274 −$42,385 −5.3% down $42,385, 5.3% versus October 2024 $707,250 40.7% 3.9
Condo apartment 95 −12 −11.2% down 12, 11.2% versus October 2024 $728,279 +$21,111 +3.0% up $21,111, 3.0% versus October 2024 $600,000 36.4% 6.4
Link 9 +5 +125.0% up 5, 125.0% versus October 2024 $1,083,333 +$113,833 +11.7% up $113,833, 11.7% versus October 2024 $1,080,000 150.0% 1.1
Co-op apartment 2 n/a not available, prior month not on file versus October 2024 $445,000 n/a not available, prior month not on file versus October 2024 $445,000 66.7% 2.0

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 326.7 $1,091,200 −0.1% down 0.1%
Single-family detached 358.6 $1,427,500 +1.3% up 1.3%
Single-family attached 375.2 $978,800 +3.0% up 3.0%
Townhouse 411.3 $799,900 +4.8% up 4.8%
Apartment 328.3 $607,700 −3.5% down 3.5%

Movers within Halton Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Milton +7.7% up 7.7%
  2. Oakville +4.2% up 4.2%
  3. Burlington +3.7% up 3.7%
  4. Halton Hills −4.6% down 4.6%

Bottom 5

  1. Halton Hills −4.6% down 4.6%
  2. Burlington +3.7% up 3.7%
  3. Oakville +4.2% up 4.2%
  4. Milton +7.7% up 7.7%

Sales, month-over-month

Top 5

  1. Milton −8.0% down 8.0%
  2. Oakville −11.6% down 11.6%
  3. Halton Hills −14.5% down 14.5%
  4. Burlington −15.5% down 15.5%

Bottom 5

  1. Burlington −15.5% down 15.5%
  2. Halton Hills −14.5% down 14.5%
  3. Oakville −11.6% down 11.6%
  4. Milton −8.0% down 8.0%

Halton Region

Oakville

Oakville, Halton Region

$1,558,529

+$63,062 +4.2% up $63,062, 4.2% versus October 2024

Sales
214
SP/LP
97%
DOM
31
SNLR
47.8%

Full history →

Burlington

Burlington, Halton Region

$1,128,513

+$40,497 +3.7% up $40,497, 3.7% versus October 2024

Sales
191
SP/LP
97%
DOM
39
SNLR
54.3%

Full history →

Milton

Milton, Halton Region

$1,119,939

+$79,697 +7.7% up $79,697, 7.7% versus October 2024

Sales
150
SP/LP
99%
DOM
28
SNLR
53.4%

Full history →

Halton Hills

Halton Hills, Halton Region

$985,470

−$48,021 −4.6% down $48,021, 4.6% versus October 2024

Sales
59
SP/LP
98%
DOM
30
SNLR
67.8%

Full history →

All Halton Region areas

0 areas

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