Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$854,754
MoM +$18,330 +2.2% up $18,330, 2.2% versus December 2018 YoY +3.1% up 3.1% versus January 2018
Source: TRREB MarketWatch, January 2019
4 areas
Halton Region
January 2019
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$752,500
MoM +$14,500 +2.0% up $14,500, 2.0% versus December 2018 YoY +10.7% up 10.7% versus January 2018
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 December 2018 YoY n/a not available, prior month not on file versus January 2018
Sales — Firm transactions reported through the MLS® System during the month.
425
MoM +74 +21.1% up 74, 21.1% versus December 2018 YoY +8.7% up 8.7% versus January 2018
Dollar volume — Total value of all sales in the month.
$363.3M
MoM +$69,685,517 +23.7% up $69,685,517, 23.7% versus December 2018 YoY +12.0% up 12.0% versus January 2018
New listings — Properties newly listed during the month.
980
MoM +604 +160.6% up 604, 160.6% versus December 2018 YoY +16.4% up 16.4% versus January 2018
Active listings — Listings available at month end.
1,265
MoM +126 +11.1% up 126, 11.1% versus December 2018 YoY +2.8% up 2.8% versus January 2018
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
37
MoM −1 day −2.6% down 1 day, 2.6% versus December 2018 YoY +2.8% up 2.8% versus January 2018
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
97%
MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus December 2018 YoY no change no change versus January 2018
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
43.4%
MoM −50.0 pp −53.5% down 50.0 pp, 53.5% versus December 2018 YoY −6.6% down 6.6% versus January 2018
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.
3.0
MoM −0 −8.3% down 0, 8.3% versus December 2018 YoY −5.4% down 5.4% versus January 2018
Trend
13 months to January 2019
Average price
| Month | Average price |
|---|---|
| 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 |
| Oct '18 | 885930 |
| Nov '18 | 845530 |
| Dec '18 | 836424 |
| Jan '19 | 854754 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Oct '18 | 736 |
| Nov '18 | 531 |
| Dec '18 | 351 |
| Jan '19 | 425 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 425 | +74 +21.1% up 74, 21.1% versus December 2018 | $854,754 | +$18,330 +2.2% up $18,330, 2.2% versus December 2018 | $752,500 | 43.4% | 3.0 |
| Detached | 235 | +50 +27.0% up 50, 27.0% versus December 2018 | $1,061,193 | +$20,280 +1.9% up $20,280, 1.9% versus December 2018 | $930,000 | 39.4% | 3.5 |
| Semi-detached | 20 | −4 −16.7% down 4, 16.7% versus December 2018 | $681,011 | −$15,111 −2.2% down $15,111, 2.2% versus December 2018 | $661,000 | 44.4% | 2.1 |
| Att/row/townhouse | 71 | +15 +26.8% up 15, 26.8% versus December 2018 | $713,664 | +$55,945 +8.5% up $55,945, 8.5% versus December 2018 | $670,000 | 53.8% | 2.2 |
| Condo townhouse | 37 | +5 +15.6% up 5, 15.6% versus December 2018 | $535,113 | +$4,848 +0.9% up $4,848, 0.9% versus December 2018 | $500,000 | 49.3% | 2.1 |
| Condo apartment | 60 | +10 +20.0% up 10, 20.0% versus December 2018 | $479,864 | −$79,774 −14.3% down $79,774, 14.3% versus December 2018 | $421,000 | 48.4% | 2.7 |
| Link | 1 | −2 −66.7% down 2, 66.7% versus December 2018 | $739,000 | −$9,833 −1.3% down $9,833, 1.3% versus December 2018 | $739,000 | 33.3% | 5.0 |
| Co-op apartment | 1 | no change no change versus December 2018 | $269,900 | −$10,100 −3.6% down $10,100, 3.6% versus December 2018 | $269,900 | 50.0% | 1.0 |
| Detached condo | 0 | no change no change versus December 2018 | — | n/a not available, prior month not on file versus December 2018 | — | 0.0% | — |
| Co-ownership apartment | 0 | no change no change versus December 2018 | — | n/a not available, prior month not on file versus December 2018 | — | — | — |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Halton Hills +9.1% up 9.1%
- Milton +5.5% up 5.5%
- Oakville +0.8% up 0.8%
- Burlington −2.6% down 2.6%
Bottom 5
- Burlington −2.6% down 2.6%
- Oakville +0.8% up 0.8%
- Milton +5.5% up 5.5%
- Halton Hills +9.1% up 9.1%
Sales, month-over-month
Top 5
- Oakville +26.4% up 26.4%
- Burlington +20.4% up 20.4%
- Milton +18.7% up 18.7%
- Halton Hills +11.1% up 11.1%
Bottom 5
- Halton Hills +11.1% up 11.1%
- Milton +18.7% up 18.7%
- Burlington +20.4% up 20.4%
- Oakville +26.4% up 26.4%
Halton Region
Oakville
Oakville, Halton Region
$1,050,038
+$7,954 +0.8% up $7,954, 0.8% versus December 2018
- Sales
- 153
- SP/LP
- 96%
- DOM
- 43
- SNLR
- 36.4%
Milton
Milton, Halton Region
$762,635
+$39,828 +5.5% up $39,828, 5.5% versus December 2018
- Sales
- 108
- SP/LP
- 98%
- DOM
- 36
- SNLR
- 51.9%
Halton Hills
Halton Hills, Halton Region
$752,884
+$62,878 +9.1% up $62,878, 9.1% versus December 2018
- Sales
- 40
- SP/LP
- 97%
- DOM
- 37
- SNLR
- 44.4%
Burlington
Burlington, Halton Region
$726,894
−$19,486 −2.6% down $19,486, 2.6% versus December 2018
- Sales
- 124
- SP/LP
- 97%
- DOM
- 32
- SNLR
- 47.3%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|