Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$792,587
MoM −$62,167 −7.3% down $62,167, 7.3% versus January 2019 YoY −5.6% down 5.6% versus February 2018
Source: TRREB MarketWatch, February 2019
4 areas
Halton Region
February 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.
$717,500
MoM −$35,000 −4.7% down $35,000, 4.7% versus January 2019 YoY +0.5% up 0.5% versus February 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 January 2019 YoY n/a not available, prior month not on file versus February 2018
Sales — Firm transactions reported through the MLS® System during the month.
508
MoM +83 +19.5% up 83, 19.5% versus January 2019 YoY −6.3% down 6.3% versus February 2018
Dollar volume — Total value of all sales in the month.
$402.6M
MoM +$39,363,718 +10.8% up $39,363,718, 10.8% versus January 2019 YoY −11.5% down 11.5% versus February 2018
New listings — Properties newly listed during the month.
1,053
MoM +73 +7.4% up 73, 7.4% versus January 2019 YoY −5.6% down 5.6% versus February 2018
Active listings — Listings available at month end.
1,461
MoM +196 +15.5% up 196, 15.5% versus January 2019 YoY +2.0% up 2.0% versus February 2018
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
27
MoM −10 days −27.0% down 10 days, 27.0% versus January 2019 YoY no change no change versus February 2018
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 January 2019 YoY +1.0% up 1.0% versus February 2018
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
48.2%
MoM +4.9 pp +11.2% up 4.9 pp, 11.2% versus January 2019 YoY −0.8% down 0.8% versus February 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.
2.9
MoM −0 −3.4% down 0, 3.4% versus January 2019 YoY +8.8% up 8.8% versus February 2018
Trend
13 months to February 2019
Average price
| Month | Average price |
|---|---|
| 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 |
| Feb '19 | 792587 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Feb '19 | 508 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 508 | +83 +19.5% up 83, 19.5% versus January 2019 | $792,587 | −$62,167 −7.3% down $62,167, 7.3% versus January 2019 | $717,500 | 48.2% | 2.9 |
| Detached | 259 | +24 +10.2% up 24, 10.2% versus January 2019 | $995,702 | −$65,491 −6.2% down $65,491, 6.2% versus January 2019 | $892,500 | 44.3% | 3.6 |
| Semi-detached | 26 | +6 +30.0% up 6, 30.0% versus January 2019 | $724,038 | +$43,027 +6.3% up $43,027, 6.3% versus January 2019 | $688,250 | 63.4% | 1.6 |
| Att/row/townhouse | 86 | +15 +21.1% up 15, 21.1% versus January 2019 | $688,389 | −$25,275 −3.5% down $25,275, 3.5% versus January 2019 | $649,250 | 45.5% | 2.3 |
| Condo townhouse | 53 | +16 +43.2% up 16, 43.2% versus January 2019 | $519,234 | −$15,879 −3.0% down $15,879, 3.0% versus January 2019 | $499,900 | 69.7% | 1.6 |
| Condo apartment | 75 | +15 +25.0% up 15, 25.0% versus January 2019 | $443,873 | −$35,991 −7.5% down $35,991, 7.5% versus January 2019 | $415,000 | 51.4% | 2.6 |
| Link | 9 | +8 +800.0% up 8, 800.0% versus January 2019 | $656,778 | −$82,222 −11.1% down $82,222, 11.1% versus January 2019 | $668,000 | 75.0% | 0.9 |
| Co-op apartment | 0 | −1 −100.0% down 1, 100.0% versus January 2019 | — | n/a not available, prior month not on file versus January 2019 | — | — | — |
| Detached condo | 0 | no change no change versus January 2019 | — | n/a not available, prior month not on file versus January 2019 | — | 0.0% | — |
| Co-ownership apartment | 0 | no change no change versus January 2019 | — | n/a not available, prior month not on file versus January 2019 | — | 0.0% | — |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Burlington −4.7% down 4.7%
- Milton −5.8% down 5.8%
- Oakville −6.1% down 6.1%
- Halton Hills −6.4% down 6.4%
Bottom 5
- Halton Hills −6.4% down 6.4%
- Oakville −6.1% down 6.1%
- Milton −5.8% down 5.8%
- Burlington −4.7% down 4.7%
Sales, month-over-month
Top 5
- Halton Hills +37.5% up 37.5%
- Milton +33.3% up 33.3%
- Burlington +21.8% up 21.8%
- Oakville +3.3% up 3.3%
Bottom 5
- Oakville +3.3% up 3.3%
- Burlington +21.8% up 21.8%
- Milton +33.3% up 33.3%
- Halton Hills +37.5% up 37.5%
Halton Region
Oakville
Oakville, Halton Region
$986,404
−$63,634 −6.1% down $63,634, 6.1% versus January 2019
- Sales
- 158
- SP/LP
- 97%
- DOM
- 31
- SNLR
- 37.0%
Milton
Milton, Halton Region
$718,130
−$44,505 −5.8% down $44,505, 5.8% versus January 2019
- Sales
- 144
- SP/LP
- 98%
- DOM
- 22
- SNLR
- 57.6%
Halton Hills
Halton Hills, Halton Region
$705,035
−$47,849 −6.4% down $47,849, 6.4% versus January 2019
- Sales
- 55
- SP/LP
- 98%
- DOM
- 24
- SNLR
- 50.9%
Burlington
Burlington, Halton Region
$692,680
−$34,214 −4.7% down $34,214, 4.7% versus January 2019
- Sales
- 151
- SP/LP
- 98%
- DOM
- 30
- SNLR
- 56.3%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|