Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$855,016
MoM −$370 −0.0% down $370, 0.0% versus June 2018 YoY +2.4% up 2.4% versus July 2017
Source: TRREB MarketWatch, July 2018
4 areas
Halton Region
July 2018
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$750,000
MoM +$30,000 +4.2% up $30,000, 4.2% versus June 2018 YoY +3.4% up 3.4% versus July 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 June 2018 YoY n/a not available, prior month not on file versus July 2017
Sales — Firm transactions reported through the MLS® System during the month.
736
MoM −101 −12.1% down 101, 12.1% versus June 2018 YoY +28.9% up 28.9% versus July 2017
Dollar volume — Total value of all sales in the month.
$629.3M
MoM −$86,665,986 −12.1% down $86,665,986, 12.1% versus June 2018 YoY +32.0% up 32.0% versus July 2017
New listings — Properties newly listed during the month.
1,287
MoM −247 −16.1% down 247, 16.1% versus June 2018 YoY +5.8% up 5.8% versus July 2017
Active listings — Listings available at month end.
2,020
MoM −247 −10.9% down 247, 10.9% versus June 2018 YoY +15.8% up 15.8% versus July 2017
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
28
MoM +3 days +12.0% up 3 days, 12.0% versus June 2018 YoY +27.3% up 27.3% versus July 2017
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 June 2018 YoY −1.0% down 1.0% versus July 2017
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
57.2%
MoM +2.6 pp +4.8% up 2.6 pp, 4.8% versus June 2018 YoY +21.8% up 21.8% versus July 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 +1.3% up 0, 1.3% versus June 2018 YoY −10.2% down 10.2% versus July 2017
Trend
13 months to July 2018
Average price
| Month | Average price |
|---|---|
| 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 |
| May '18 | 854509 |
| Jun '18 | 855386 |
| Jul '18 | 855016 |
Sales
| Month | Sales |
|---|---|
| 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 |
| May '18 | 863 |
| Jun '18 | 837 |
| Jul '18 | 736 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 736 | −101 −12.1% down 101, 12.1% versus June 2018 | $855,016 | −$370 −0.0% down $370, 0.0% versus June 2018 | $750,000 | 57.2% | 2.7 |
| Detached | 397 | −45 −10.2% down 45, 10.2% versus June 2018 | $1,057,180 | −$28,006 −2.6% down $28,006, 2.6% versus June 2018 | $905,000 | 51.8% | 3.4 |
| Semi-detached | 41 | −11 −21.2% down 11, 21.2% versus June 2018 | $674,129 | +$735 +0.1% up $735, 0.1% versus June 2018 | $665,000 | 58.6% | 1.9 |
| Att/row/townhouse | 147 | −3 −2.0% down 3, 2.0% versus June 2018 | $666,878 | −$4,121 −0.6% down $4,121, 0.6% versus June 2018 | $639,000 | 67.4% | 1.5 |
| Condo townhouse | 57 | −19 −25.0% down 19, 25.0% versus June 2018 | $525,568 | +$2,823 +0.5% up $2,823, 0.5% versus June 2018 | $485,000 | 53.8% | 2.4 |
| Condo apartment | 86 | −25 −22.5% down 25, 22.5% versus June 2018 | $564,455 | +$47,666 +9.2% up $47,666, 9.2% versus June 2018 | $415,000 | 74.8% | 2.4 |
| Link | 6 | +1 +20.0% up 1, 20.0% versus June 2018 | $675,267 | +$7,667 +1.1% up $7,667, 1.1% versus June 2018 | $627,800 | 54.5% | 2.5 |
| Co-op apartment | 0 | −1 −100.0% down 1, 100.0% versus June 2018 | — | n/a not available, prior month not on file versus June 2018 | — | — | — |
| Detached condo | 2 | +2 up 2 versus June 2018 | $684,500 | n/a not available, prior month not on file versus June 2018 | $684,500 | 200.0% | 1.0 |
| Co-ownership apartment | 0 | no change no change versus June 2018 | — | n/a not available, prior month not on file versus June 2018 | — | — | — |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Halton Hills +5.7% up 5.7%
- Burlington +2.3% up 2.3%
- Milton +1.4% up 1.4%
- Oakville −5.2% down 5.2%
Bottom 5
- Oakville −5.2% down 5.2%
- Milton +1.4% up 1.4%
- Burlington +2.3% up 2.3%
- Halton Hills +5.7% up 5.7%
Sales, month-over-month
Top 5
- Oakville −4.0% down 4.0%
- Milton −10.7% down 10.7%
- Burlington −19.9% down 19.9%
- Halton Hills −20.6% down 20.6%
Bottom 5
- Halton Hills −20.6% down 20.6%
- Burlington −19.9% down 19.9%
- Milton −10.7% down 10.7%
- Oakville −4.0% down 4.0%
Halton Region
Oakville
Oakville, Halton Region
$1,018,108
−$56,122 −5.2% down $56,122, 5.2% versus June 2018
- Sales
- 286
- SP/LP
- 97%
- DOM
- 30
- SNLR
- 56.8%
Burlington
Burlington, Halton Region
$791,712
+$17,653 +2.3% up $17,653, 2.3% versus June 2018
- Sales
- 189
- SP/LP
- 98%
- DOM
- 30
- SNLR
- 60.4%
Halton Hills
Halton Hills, Halton Region
$747,826
+$40,294 +5.7% up $40,294, 5.7% versus June 2018
- Sales
- 77
- SP/LP
- 98%
- DOM
- 23
- SNLR
- 63.6%
Milton
Milton, Halton Region
$711,394
+$9,799 +1.4% up $9,799, 1.4% versus June 2018
- Sales
- 184
- SP/LP
- 98%
- DOM
- 23
- SNLR
- 52.7%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|