Source: TRREB MarketWatch, December 2024

4 areas

Halton Region

December 2024

Headline indicators

All home types

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

$1,139,611

MoM −$126,638 −10.0% down $126,638, 10.0% versus November 2024 YoY −12.5% down 12.5% versus December 2023

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

$985,000

MoM −$87,000 −8.1% down $87,000, 8.1% versus November 2024 YoY −4.8% down 4.8% versus December 2023

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

$1,089,200

MoM −$2,000 −0.2% down $2,000, 0.2% versus November 2024 YoY −0.7% down 0.7% versus December 2023

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

379

MoM −246 −39.4% down 246, 39.4% versus November 2024 YoY +5.0% up 5.0% versus December 2023

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

$431.9M

MoM −$359,492,985 −45.4% down $359,492,985, 45.4% versus November 2024 YoY −8.1% down 8.1% versus December 2023

New listings — Properties newly listed during the month.

449

MoM −841 −65.2% down 841, 65.2% versus November 2024 YoY +37.3% up 37.3% versus December 2023

Active listings — Listings available at month end.

1,594

MoM −788 −33.1% down 788, 33.1% versus November 2024 YoY +75.6% up 75.6% versus December 2023

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

37

MoM +4 days +12.1% up 4 days, 12.1% versus November 2024 YoY +2.8% up 2.8% versus December 2023

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

52

MoM +2 days +4.0% up 2 days, 4.0% versus November 2024 YoY −3.7% down 3.7% versus December 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 November 2024 YoY +2.1% up 2.1% versus December 2023

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

84.4%

MoM +36.0 pp +74.2% up 36.0 pp, 74.2% versus November 2024 YoY −23.5% down 23.5% versus December 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.

4.2

MoM +0 +10.4% up 0, 10.4% versus November 2024 YoY +67.2% up 67.2% versus December 2023

Trend

13 months to December 2024

Average price

Halton Region average selling price over the 13 months ending December 2024.
Month Average price
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
Dec '24 1139611

Sales

Halton Region sales over the 13 months ending December 2024.
Month Sales
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
Dec '24 379

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 379 −246 −39.4% down 246, 39.4% versus November 2024 $1,139,611 −$126,638 −10.0% down $126,638, 10.0% versus November 2024 $985,000 84.4% 4.2
Detached 170 −151 −47.0% down 151, 47.0% versus November 2024 $1,509,857 −$136,375 −8.3% down $136,375, 8.3% versus November 2024 $1,245,000 85.4% 4.6
Semi-detached 15 −29 −65.9% down 29, 65.9% versus November 2024 $914,260 −$82,553 −8.3% down $82,553, 8.3% versus November 2024 $955,000 83.3% 3.4
Att/row/townhouse 71 −28 −28.3% down 28, 28.3% versus November 2024 $1,090,732 +$100,691 +10.2% up $100,691, 10.2% versus November 2024 $968,000 83.5% 2.3
Condo townhouse 41 −14 −25.5% down 14, 25.5% versus November 2024 $742,175 −$8,099 −1.1% down $8,099, 1.1% versus November 2024 $727,500 97.6% 3.4
Condo apartment 79 −16 −16.8% down 16, 16.8% versus November 2024 $639,924 −$88,355 −12.1% down $88,355, 12.1% versus November 2024 $600,000 77.5% 5.6
Link 2 −7 −77.8% down 7, 77.8% versus November 2024 $1,059,000 −$24,333 −2.2% down $24,333, 2.2% versus November 2024 $1,059,000 66.7% 3.5
Detached condo 1 n/a not available, prior month not on file versus November 2024 $980,000 n/a not available, prior month not on file versus November 2024 $980,000 1.0

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 326.1 $1,089,200 −0.7% down 0.7%
Single-family detached 359 $1,429,000 +1.6% up 1.6%
Single-family attached 373.1 $973,400 +1.0% up 1.0%
Townhouse 407.2 $792,000 +0.4% up 0.4%
Apartment 328.6 $608,300 −3.9% down 3.9%

Movers within Halton Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Milton −4.6% down 4.6%
  2. Halton Hills −8.7% down 8.7%
  3. Oakville −10.5% down 10.5%
  4. Burlington −11.4% down 11.4%

Bottom 5

  1. Burlington −11.4% down 11.4%
  2. Oakville −10.5% down 10.5%
  3. Halton Hills −8.7% down 8.7%
  4. Milton −4.6% down 4.6%

Sales, month-over-month

Top 5

  1. Burlington −41.9% down 41.9%
  2. Oakville −45.3% down 45.3%
  3. Milton −45.3% down 45.3%
  4. Halton Hills −52.5% down 52.5%

Bottom 5

  1. Halton Hills −52.5% down 52.5%
  2. Milton −45.3% down 45.3%
  3. Oakville −45.3% down 45.3%
  4. Burlington −41.9% down 41.9%

Halton Region

Oakville

Oakville, Halton Region

$1,394,902

−$163,627 −10.5% down $163,627, 10.5% versus November 2024

Sales
117
SP/LP
97%
DOM
43
SNLR
101.7%

Full history →

Milton

Milton, Halton Region

$1,068,920

−$51,019 −4.6% down $51,019, 4.6% versus November 2024

Sales
82
SP/LP
99%
DOM
33
SNLR
87.2%

Full history →

Burlington

Burlington, Halton Region

$1,000,032

−$128,481 −11.4% down $128,481, 11.4% versus November 2024

Sales
111
SP/LP
96%
DOM
40
SNLR
93.3%

Full history →

Halton Hills

Halton Hills, Halton Region

$899,728

−$85,742 −8.7% down $85,742, 8.7% versus November 2024

Sales
28
SP/LP
99%
DOM
27
SNLR
93.3%

Full history →

All Halton Region areas

0 areas

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