Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$851,604
MoM −$3,412 −0.4% down $3,412, 0.4% versus July 2018 YoY −1.8% down 1.8% versus August 2017
Source: TRREB MarketWatch, August 2018
4 areas
Halton Region
August 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.
$737,500
MoM −$12,500 −1.7% down $12,500, 1.7% versus July 2018 YoY +1.0% up 1.0% versus August 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 July 2018 YoY n/a not available, prior month not on file versus August 2017
Sales — Firm transactions reported through the MLS® System during the month.
727
MoM −9 −1.2% down 9, 1.2% versus July 2018 YoY +22.6% up 22.6% versus August 2017
Dollar volume — Total value of all sales in the month.
$619.1M
MoM −$10,175,720 −1.6% down $10,175,720, 1.6% versus July 2018 YoY +20.4% up 20.4% versus August 2017
New listings — Properties newly listed during the month.
1,096
MoM −191 −14.8% down 191, 14.8% versus July 2018 YoY +4.5% up 4.5% versus August 2017
Active listings — Listings available at month end.
1,742
MoM −278 −13.8% down 278, 13.8% versus July 2018 YoY +9.9% up 9.9% versus August 2017
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
32
MoM +4 days +14.3% up 4 days, 14.3% versus July 2018 YoY +14.3% up 14.3% versus August 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 July 2018 YoY no change no change versus August 2017
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
66.3%
MoM +9.1 pp +16.0% up 9.1 pp, 16.0% versus July 2018 YoY +17.3% up 17.3% versus August 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.
2.4
MoM −0 −12.7% down 0, 12.7% versus July 2018 YoY −10.4% down 10.4% versus August 2017
Trend
13 months to August 2018
Average price
| Month | Average price |
|---|---|
| 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 |
| Aug '18 | 851604 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Aug '18 | 727 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 727 | −9 −1.2% down 9, 1.2% versus July 2018 | $851,604 | −$3,412 −0.4% down $3,412, 0.4% versus July 2018 | $737,500 | 66.3% | 2.4 |
| Detached | 395 | −2 −0.5% down 2, 0.5% versus July 2018 | $1,062,487 | +$5,307 +0.5% up $5,307, 0.5% versus July 2018 | $920,000 | 61.4% | 2.9 |
| Semi-detached | 30 | −11 −26.8% down 11, 26.8% versus July 2018 | $656,283 | −$17,846 −2.6% down $17,846, 2.6% versus July 2018 | $645,500 | 43.5% | 2.8 |
| Att/row/townhouse | 127 | −20 −13.6% down 20, 13.6% versus July 2018 | $671,123 | +$4,245 +0.6% up $4,245, 0.6% versus July 2018 | $635,000 | 70.6% | 1.6 |
| Condo townhouse | 71 | +14 +24.6% up 14, 24.6% versus July 2018 | $580,915 | +$55,347 +10.5% up $55,347, 10.5% versus July 2018 | $482,500 | 102.9% | 1.4 |
| Condo apartment | 96 | +10 +11.6% up 10, 11.6% versus July 2018 | $492,110 | −$72,345 −12.8% down $72,345, 12.8% versus July 2018 | $428,000 | 78.7% | 1.9 |
| Link | 7 | +1 +16.7% up 1, 16.7% versus July 2018 | $682,843 | +$7,576 +1.1% up $7,576, 1.1% versus July 2018 | $680,000 | 58.3% | 2.0 |
| Co-op apartment | 0 | no change no change versus July 2018 | — | n/a not available, prior month not on file versus July 2018 | — | — | — |
| Detached condo | 1 | −1 −50.0% down 1, 50.0% versus July 2018 | $1,245,000 | +$560,500 +81.9% up $560,500, 81.9% versus July 2018 | $1,245,000 | 100.0% | 1.0 |
| Co-ownership apartment | 0 | no change no change versus July 2018 | — | n/a not available, prior month not on file versus July 2018 | — | — | — |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Milton +3.0% up 3.0%
- Oakville +1.2% up 1.2%
- Halton Hills +1.2% up 1.2%
- Burlington −3.1% down 3.1%
Bottom 5
- Burlington −3.1% down 3.1%
- Halton Hills +1.2% up 1.2%
- Oakville +1.2% up 1.2%
- Milton +3.0% up 3.0%
Sales, month-over-month
Top 5
- Halton Hills +14.3% up 14.3%
- Burlington +10.1% up 10.1%
- Milton −6.5% down 6.5%
- Oakville −9.4% down 9.4%
Bottom 5
- Oakville −9.4% down 9.4%
- Milton −6.5% down 6.5%
- Burlington +10.1% up 10.1%
- Halton Hills +14.3% up 14.3%
Halton Region
Oakville
Oakville, Halton Region
$1,030,482
+$12,374 +1.2% up $12,374, 1.2% versus July 2018
- Sales
- 259
- SP/LP
- 97%
- DOM
- 36
- SNLR
- 60.5%
Burlington
Burlington, Halton Region
$767,302
−$24,410 −3.1% down $24,410, 3.1% versus July 2018
- Sales
- 208
- SP/LP
- 97%
- DOM
- 33
- SNLR
- 70.8%
Halton Hills
Halton Hills, Halton Region
$756,529
+$8,703 +1.2% up $8,703, 1.2% versus July 2018
- Sales
- 88
- SP/LP
- 97%
- DOM
- 32
- SNLR
- 101.2%
Milton
Milton, Halton Region
$732,836
+$21,442 +3.0% up $21,442, 3.0% versus July 2018
- Sales
- 172
- SP/LP
- 97%
- DOM
- 23
- SNLR
- 59.9%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|