Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$855,636
MoM +$120 +0.0% up $120, 0.0% versus April 2019 YoY +0.1% up 0.1% versus May 2018
Source: TRREB MarketWatch, May 2019
4 areas
Halton Region
May 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.
$762,500
MoM −$7,500 −1.0% down $7,500, 1.0% versus April 2019 YoY −1.0% down 1.0% versus May 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 April 2019 YoY n/a not available, prior month not on file versus May 2018
Sales — Firm transactions reported through the MLS® System during the month.
1,015
MoM +50 +5.2% up 50, 5.2% versus April 2019 YoY +17.6% up 17.6% versus May 2018
Dollar volume — Total value of all sales in the month.
$868.5M
MoM +$42,898,305 +5.2% up $42,898,305, 5.2% versus April 2019 YoY +17.8% up 17.8% versus May 2018
New listings — Properties newly listed during the month.
1,897
MoM +159 +9.1% up 159, 9.1% versus April 2019 YoY −1.4% down 1.4% versus May 2018
Active listings — Listings available at month end.
2,090
MoM +162 +8.4% up 162, 8.4% versus April 2019 YoY −10.5% down 10.5% versus May 2018
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
22
MoM +1 day +4.8% up 1 day, 4.8% versus April 2019 YoY −8.3% down 8.3% versus May 2018
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
98%
MoM no change no change versus April 2019 YoY +1.0% up 1.0% versus May 2018
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
53.5%
MoM −2.0 pp −3.6% down 2.0 pp, 3.6% versus April 2019 YoY +19.3% up 19.3% versus May 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.
2.1
MoM +0 +3.1% up 0, 3.1% versus April 2019 YoY −23.9% down 23.9% versus May 2018
Trend
13 months to May 2019
Average price
| Month | Average price |
|---|---|
| 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 |
| Mar '19 | 838658 |
| Apr '19 | 855516 |
| May '19 | 855636 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Mar '19 | 775 |
| Apr '19 | 965 |
| May '19 | 1015 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,015 | +50 +5.2% up 50, 5.2% versus April 2019 | $855,636 | +$120 +0.0% up $120, 0.0% versus April 2019 | $762,500 | 53.5% | 2.1 |
| Detached | 529 | +3 +0.6% up 3, 0.6% versus April 2019 | $1,069,563 | +$14,201 +1.3% up $14,201, 1.3% versus April 2019 | $950,000 | 45.3% | 2.7 |
| Semi-detached | 56 | +3 +5.7% up 3, 5.7% versus April 2019 | $719,459 | +$25,788 +3.7% up $25,788, 3.7% versus April 2019 | $736,500 | 62.9% | 1.2 |
| Att/row/townhouse | 193 | +17 +9.7% up 17, 9.7% versus April 2019 | $701,113 | +$692 +0.1% up $692, 0.1% versus April 2019 | $669,000 | 63.7% | 1.3 |
| Condo townhouse | 91 | +6 +7.1% up 6, 7.1% versus April 2019 | $559,699 | +$40,766 +7.9% up $40,766, 7.9% versus April 2019 | $518,750 | 66.4% | 1.3 |
| Condo apartment | 132 | +18 +15.8% up 18, 15.8% versus April 2019 | $495,340 | −$10,549 −2.1% down $10,549, 2.1% versus April 2019 | $450,050 | 72.9% | 1.5 |
| Link | 12 | +3 +33.3% up 3, 33.3% versus April 2019 | $789,583 | +$72,916 +10.2% up $72,916, 10.2% versus April 2019 | $749,250 | 70.6% | 1.1 |
| Co-op apartment | 2 | +2 up 2 versus April 2019 | $637,450 | n/a not available, prior month not on file versus April 2019 | $637,450 | 200.0% | 0.0 |
| Detached condo | 0 | −2 −100.0% down 2, 100.0% versus April 2019 | — | n/a not available, prior month not on file versus April 2019 | — | 0.0% | — |
| Co-ownership apartment | 0 | no change no change versus April 2019 | — | n/a not available, prior month not on file versus April 2019 | — | — | — |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Milton +5.2% up 5.2%
- Halton Hills +4.5% up 4.5%
- Oakville −2.5% down 2.5%
- Burlington −2.8% down 2.8%
Bottom 5
- Burlington −2.8% down 2.8%
- Oakville −2.5% down 2.5%
- Halton Hills +4.5% up 4.5%
- Milton +5.2% up 5.2%
Sales, month-over-month
Top 5
- Oakville +7.9% up 7.9%
- Milton +5.4% up 5.4%
- Burlington +2.6% up 2.6%
- Halton Hills +2.2% up 2.2%
Bottom 5
- Halton Hills +2.2% up 2.2%
- Burlington +2.6% up 2.6%
- Milton +5.4% up 5.4%
- Oakville +7.9% up 7.9%
Halton Region
Oakville
Oakville, Halton Region
$994,376
−$25,375 −2.5% down $25,375, 2.5% versus April 2019
- Sales
- 370
- SP/LP
- 97%
- DOM
- 25
- SNLR
- 49.9%
Halton Hills
Halton Hills, Halton Region
$810,771
+$34,787 +4.5% up $34,787, 4.5% versus April 2019
- Sales
- 95
- SP/LP
- 99%
- DOM
- 17
- SNLR
- 41.5%
Burlington
Burlington, Halton Region
$770,151
−$22,539 −2.8% down $22,539, 2.8% versus April 2019
- Sales
- 279
- SP/LP
- 98%
- DOM
- 25
- SNLR
- 59.0%
Milton
Milton, Halton Region
$769,950
+$38,355 +5.2% up $38,355, 5.2% versus April 2019
- Sales
- 271
- SP/LP
- 99%
- DOM
- 16
- SNLR
- 59.8%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|