Source: TRREB MarketWatch, April 2018

4 areas

Halton Region

April 2018

Headline indicators

All home types

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

$849,311

MoM −$5,165 −0.6% down $5,165, 0.6% versus March 2018 YoY −13.5% down 13.5% versus April 2017

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

$760,000

MoM −$8,000 −1.0% down $8,000, 1.0% versus March 2018 YoY −10.6% down 10.6% versus April 2017

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

MoM n/a not available, prior month not on file versus March 2018 YoY n/a not available, prior month not on file versus April 2017

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

779

MoM +52 +7.2% up 52, 7.2% versus March 2018 YoY −30.8% down 30.8% versus April 2017

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

$661.6M

MoM +$40,409,890 +6.5% up $40,409,890, 6.5% versus March 2018 YoY −40.1% down 40.1% versus April 2017

New listings — Properties newly listed during the month.

1,689

MoM +149 +9.7% up 149, 9.7% versus March 2018 YoY −16.9% down 16.9% versus April 2017

Active listings — Listings available at month end.

2,097

MoM +293 +16.2% up 293, 16.2% versus March 2018 YoY +68.4% up 68.4% versus April 2017

Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.

22

MoM no change no change versus March 2018 YoY +144.4% up 144.4% versus April 2017

Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.

98%

MoM no change no change versus March 2018 YoY −7.5% down 7.5% versus April 2017

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

46.1%

MoM −1.1 pp −2.3% down 1.1 pp, 2.3% versus March 2018 YoY −16.8% down 16.8% versus April 2017

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.

2.7

MoM +0 +8.5% up 0, 8.5% versus March 2018 YoY +143.5% up 143.5% versus April 2017

Trend

13 months to April 2018

Average price

Halton Region average selling price over the 13 months ending April 2018.
Month Average price
Apr '17 981544
May '17 949556
Jun '17 858916
Jul '17 834813
Aug '17 867164
Sep '17 853513
Oct '17 851339
Nov '17 833656
Dec '17 811476
Jan '18 829243
Feb '18 839230
Mar '18 854476
Apr '18 849311

Sales

Halton Region sales over the 13 months ending April 2018.
Month Sales
Apr '17 1126
May '17 1020
Jun '17 801
Jul '17 571
Aug '17 593
Sep '17 581
Oct '17 680
Nov '17 716
Dec '17 444
Jan '18 391
Feb '18 542
Mar '18 727
Apr '18 779

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 779 +52 +7.2% up 52, 7.2% versus March 2018 $849,311 −$5,165 −0.6% down $5,165, 0.6% versus March 2018 $760,000 46.1% 2.7
Detached 425 +29 +7.3% up 29, 7.3% versus March 2018 $1,058,541 −$5,201 −0.5% down $5,201, 0.5% versus March 2018 $935,000 41.2% 3.3
Semi-detached 41 −4 −8.9% down 4, 8.9% versus March 2018 $655,048 −$31,823 −4.6% down $31,823, 4.6% versus March 2018 $655,000 42.7% 2.4
Att/row/townhouse 139 +8 +6.1% up 8, 6.1% versus March 2018 $676,820 −$19,720 −2.8% down $19,720, 2.8% versus March 2018 $640,000 56.7% 1.7
Condo townhouse 72 +17 +30.9% up 17, 30.9% versus March 2018 $500,966 −$33,303 −6.2% down $33,303, 6.2% versus March 2018 $480,000 57.1% 1.6
Condo apartment 97 +4 +4.3% up 4, 4.3% versus March 2018 $533,429 +$68,127 +14.6% up $68,127, 14.6% versus March 2018 $411,000 56.1% 2.2
Link 3 −4 −57.1% down 4, 57.1% versus March 2018 $649,500 −$85,929 −11.7% down $85,929, 11.7% versus March 2018 $693,500 17.6% 5.0
Co-op apartment 1 +1 up 1 versus March 2018 $208,000 n/a not available, prior month not on file versus March 2018 $208,000 0.0
Detached condo 1 +1 up 1 versus March 2018 $830,000 n/a not available, prior month not on file versus March 2018 $830,000 2.0
Co-ownership apartment 0 no change no change versus March 2018 n/a not available, prior month not on file versus March 2018

Movers within Halton Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Milton +1.7% up 1.7%
  2. Oakville +1.3% up 1.3%
  3. Halton Hills −0.8% down 0.8%
  4. Burlington −3.6% down 3.6%

Bottom 5

  1. Burlington −3.6% down 3.6%
  2. Halton Hills −0.8% down 0.8%
  3. Oakville +1.3% up 1.3%
  4. Milton +1.7% up 1.7%

Sales, month-over-month

Top 5

  1. Burlington +21.2% up 21.2%
  2. Halton Hills +14.9% up 14.9%
  3. Oakville +1.1% up 1.1%
  4. Milton −0.5% down 0.5%

Bottom 5

  1. Milton −0.5% down 0.5%
  2. Oakville +1.1% up 1.1%
  3. Halton Hills +14.9% up 14.9%
  4. Burlington +21.2% up 21.2%

Halton Region

Oakville

Oakville, Halton Region

$1,042,417

+$13,082 +1.3% up $13,082, 1.3% versus March 2018

Sales
284
SP/LP
97%
DOM
26
SNLR
40.1%

Full history →

Halton Hills

Halton Hills, Halton Region

$761,392

−$6,391 −0.8% down $6,391, 0.8% versus March 2018

Sales
77
SP/LP
99%
DOM
17
SNLR
48.1%

Full history →

Burlington

Burlington, Halton Region

$755,917

−$28,273 −3.6% down $28,273, 3.6% versus March 2018

Sales
229
SP/LP
97%
DOM
23
SNLR
50.4%

Full history →

Milton

Milton, Halton Region

$708,122

+$11,768 +1.7% up $11,768, 1.7% versus March 2018

Sales
189
SP/LP
99%
DOM
18
SNLR
51.6%

Full history →

All Halton Region areas

0 areas

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