Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$884,467
MoM +$1,507 +0.2% up $1,507, 0.2% versus June 2019 YoY +3.4% up 3.4% versus July 2018
Source: TRREB MarketWatch, July 2019
4 areas
Halton Region
July 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.
$780,000
MoM +$14,000 +1.8% up $14,000, 1.8% versus June 2019 YoY +4.0% up 4.0% versus July 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 June 2019 YoY n/a not available, prior month not on file versus July 2018
Sales — Firm transactions reported through the MLS® System during the month.
866
MoM −41 −4.5% down 41, 4.5% versus June 2019 YoY +17.7% up 17.7% versus July 2018
Dollar volume — Total value of all sales in the month.
$765.9M
MoM −$34,896,202 −4.4% down $34,896,202, 4.4% versus June 2019 YoY +21.7% up 21.7% versus July 2018
New listings — Properties newly listed during the month.
1,265
MoM −255 −16.8% down 255, 16.8% versus June 2019 YoY −1.7% down 1.7% versus July 2018
Active listings — Listings available at month end.
1,731
MoM −238 −12.1% down 238, 12.1% versus June 2019 YoY −14.3% down 14.3% versus July 2018
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
27
MoM +4 days +17.4% up 4 days, 17.4% versus June 2019 YoY −3.6% down 3.6% versus July 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% down 1.0 pp, 1.0% versus June 2019 YoY +1.0% up 1.0% versus July 2018
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
68.5%
MoM +8.8 pp +14.7% up 8.8 pp, 14.7% versus June 2019 YoY +19.7% up 19.7% versus July 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.
2.0
MoM −0 −7.9% down 0, 7.9% versus June 2019 YoY −27.2% down 27.2% versus July 2018
Trend
13 months to July 2019
Average price
| Month | Average price |
|---|---|
| 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 |
| Jun '19 | 882960 |
| Jul '19 | 884467 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Jun '19 | 907 |
| Jul '19 | 866 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 866 | −41 −4.5% down 41, 4.5% versus June 2019 | $884,467 | +$1,507 +0.2% up $1,507, 0.2% versus June 2019 | $780,000 | 68.5% | 2.0 |
| Detached | 469 | −29 −5.8% down 29, 5.8% versus June 2019 | $1,100,895 | +$3,105 +0.3% up $3,105, 0.3% versus June 2019 | $950,000 | 61.5% | 2.7 |
| Semi-detached | 62 | +11 +21.6% up 11, 21.6% versus June 2019 | $709,715 | −$18,633 −2.6% down $18,633, 2.6% versus June 2019 | $696,250 | 91.2% | 0.7 |
| Att/row/townhouse | 152 | −6 −3.8% down 6, 3.8% versus June 2019 | $714,614 | +$24,157 +3.5% up $24,157, 3.5% versus June 2019 | $670,000 | 82.6% | 1.1 |
| Condo townhouse | 78 | −2 −2.5% down 2, 2.5% versus June 2019 | $570,029 | +$14,853 +2.7% up $14,853, 2.7% versus June 2019 | $515,000 | 72.2% | 1.3 |
| Condo apartment | 97 | −10 −9.3% down 10, 9.3% versus June 2019 | $486,713 | −$15,644 −3.1% down $15,644, 3.1% versus June 2019 | $437,000 | 71.8% | 1.6 |
| Link | 6 | −5 −45.5% down 5, 45.5% versus June 2019 | $669,167 | −$91,897 −12.1% down $91,897, 12.1% versus June 2019 | $672,500 | 100.0% | 1.2 |
| Co-op apartment | 0 | no change no change versus June 2019 | — | n/a not available, prior month not on file versus June 2019 | — | 0.0% | — |
| Detached condo | 2 | no change no change versus June 2019 | $658,250 | −$26,250 −3.8% down $26,250, 3.8% versus June 2019 | $658,250 | — | 0.0 |
| Co-ownership apartment | 0 | no change no change versus June 2019 | — | n/a not available, prior month not on file versus June 2019 | — | — | — |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Burlington +1.0% up 1.0%
- Oakville +0.3% up 0.3%
- Halton Hills −1.7% down 1.7%
- Milton −4.5% down 4.5%
Bottom 5
- Milton −4.5% down 4.5%
- Halton Hills −1.7% down 1.7%
- Oakville +0.3% up 0.3%
- Burlington +1.0% up 1.0%
Sales, month-over-month
Top 5
- Oakville +3.9% up 3.9%
- Halton Hills −0.9% down 0.9%
- Burlington −9.5% down 9.5%
- Milton −11.7% down 11.7%
Bottom 5
- Milton −11.7% down 11.7%
- Burlington −9.5% down 9.5%
- Halton Hills −0.9% down 0.9%
- Oakville +3.9% up 3.9%
Halton Region
Oakville
Oakville, Halton Region
$1,075,342
+$3,207 +0.3% up $3,207, 0.3% versus June 2019
- Sales
- 318
- SP/LP
- 97%
- DOM
- 33
- SNLR
- 63.2%
Burlington
Burlington, Halton Region
$810,058
+$7,783 +1.0% up $7,783, 1.0% versus June 2019
- Sales
- 228
- SP/LP
- 98%
- DOM
- 29
- SNLR
- 72.8%
Halton Hills
Halton Hills, Halton Region
$760,999
−$13,005 −1.7% down $13,005, 1.7% versus June 2019
- Sales
- 108
- SP/LP
- 98%
- DOM
- 21
- SNLR
- 74.5%
Milton
Milton, Halton Region
$741,077
−$34,887 −4.5% down $34,887, 4.5% versus June 2019
- Sales
- 212
- SP/LP
- 99%
- DOM
- 18
- SNLR
- 69.7%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|