Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$854,594
MoM +$2,990 +0.4% up $2,990, 0.4% versus August 2018 YoY +0.1% up 0.1% versus September 2017
Source: TRREB MarketWatch, September 2018
4 areas
Halton Region
September 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 no change no change versus August 2018 YoY +1.6% up 1.6% versus September 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 August 2018 YoY n/a not available, prior month not on file versus September 2017
Sales — Firm transactions reported through the MLS® System during the month.
636
MoM −91 −12.5% down 91, 12.5% versus August 2018 YoY +9.5% up 9.5% versus September 2017
Dollar volume — Total value of all sales in the month.
$543.5M
MoM −$75,594,116 −12.2% down $75,594,116, 12.2% versus August 2018 YoY +9.6% up 9.6% versus September 2017
New listings — Properties newly listed during the month.
1,513
MoM +417 +38.0% up 417, 38.0% versus August 2018 YoY +0.7% up 0.7% versus September 2017
Active listings — Listings available at month end.
1,970
MoM +228 +13.1% up 228, 13.1% versus August 2018 YoY +6.9% up 6.9% versus September 2017
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
29
MoM −3 days −9.4% down 3 days, 9.4% versus August 2018 YoY +7.4% up 7.4% versus September 2017
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
98%
MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus August 2018 YoY +1.0% up 1.0% versus September 2017
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
42.0%
MoM −24.3 pp −36.6% down 24.3 pp, 36.6% versus August 2018 YoY +8.7% up 8.7% versus September 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.
3.1
MoM +1 +29.3% up 1, 29.3% versus August 2018 YoY −2.4% down 2.4% versus September 2017
Trend
13 months to September 2018
Average price
| Month | Average price |
|---|---|
| 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 |
| Sep '18 | 854594 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Sep '18 | 636 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 636 | −91 −12.5% down 91, 12.5% versus August 2018 | $854,594 | +$2,990 +0.4% up $2,990, 0.4% versus August 2018 | $737,500 | 42.0% | 3.1 |
| Detached | 341 | −54 −13.7% down 54, 13.7% versus August 2018 | $1,068,558 | +$6,071 +0.6% up $6,071, 0.6% versus August 2018 | $890,000 | 35.1% | 3.9 |
| Semi-detached | 32 | +2 +6.7% up 2, 6.7% versus August 2018 | $710,888 | +$54,605 +8.3% up $54,605, 8.3% versus August 2018 | $689,000 | 49.2% | 2.8 |
| Att/row/townhouse | 105 | −22 −17.3% down 22, 17.3% versus August 2018 | $675,840 | +$4,717 +0.7% up $4,717, 0.7% versus August 2018 | $645,000 | 51.7% | 2.0 |
| Condo townhouse | 71 | no change no change versus August 2018 | $532,173 | −$48,742 −8.4% down $48,742, 8.4% versus August 2018 | $509,000 | 57.7% | 1.9 |
| Condo apartment | 81 | −15 −15.6% down 15, 15.6% versus August 2018 | $536,494 | +$44,384 +9.0% up $44,384, 9.0% versus August 2018 | $429,900 | 59.1% | 2.4 |
| Link | 5 | −2 −28.6% down 2, 28.6% versus August 2018 | $700,355 | +$17,512 +2.6% up $17,512, 2.6% versus August 2018 | $677,777 | 35.7% | 3.2 |
| Co-op apartment | 0 | no change no change versus August 2018 | — | n/a not available, prior month not on file versus August 2018 | — | 0.0% | — |
| Detached condo | 1 | no change no change versus August 2018 | $690,000 | −$555,000 −44.6% down $555,000, 44.6% versus August 2018 | $690,000 | — | 0.0 |
| Co-ownership apartment | 0 | no change no change versus August 2018 | — | n/a not available, prior month not on file versus August 2018 | — | — | — |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Oakville +3.2% up 3.2%
- Milton −1.6% down 1.6%
- Burlington −2.4% down 2.4%
- Halton Hills −6.9% down 6.9%
Bottom 5
- Halton Hills −6.9% down 6.9%
- Burlington −2.4% down 2.4%
- Milton −1.6% down 1.6%
- Oakville +3.2% up 3.2%
Sales, month-over-month
Top 5
- Burlington −1.4% down 1.4%
- Oakville −9.7% down 9.7%
- Milton −19.2% down 19.2%
- Halton Hills −34.1% down 34.1%
Bottom 5
- Halton Hills −34.1% down 34.1%
- Milton −19.2% down 19.2%
- Oakville −9.7% down 9.7%
- Burlington −1.4% down 1.4%
Halton Region
Oakville
Oakville, Halton Region
$1,063,734
+$33,252 +3.2% up $33,252, 3.2% versus August 2018
- Sales
- 234
- SP/LP
- 97%
- DOM
- 32
- SNLR
- 36.3%
Burlington
Burlington, Halton Region
$748,725
−$18,577 −2.4% down $18,577, 2.4% versus August 2018
- Sales
- 205
- SP/LP
- 98%
- DOM
- 31
- SNLR
- 51.4%
Milton
Milton, Halton Region
$721,394
−$11,442 −1.6% down $11,442, 1.6% versus August 2018
- Sales
- 139
- SP/LP
- 98%
- DOM
- 23
- SNLR
- 44.4%
Halton Hills
Halton Hills, Halton Region
$704,236
−$52,293 −6.9% down $52,293, 6.9% versus August 2018
- Sales
- 58
- SP/LP
- 98%
- DOM
- 22
- SNLR
- 37.2%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|