Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$857,417
MoM −$27,050 −3.1% down $27,050, 3.1% versus July 2019 YoY +0.7% up 0.7% versus August 2018
Source: TRREB MarketWatch, August 2019
4 areas
Halton Region
August 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.
$755,000
MoM −$25,000 −3.2% down $25,000, 3.2% versus July 2019 YoY +2.4% up 2.4% versus August 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 July 2019 YoY n/a not available, prior month not on file versus August 2018
Sales — Firm transactions reported through the MLS® System during the month.
754
MoM −112 −12.9% down 112, 12.9% versus July 2019 YoY +3.7% up 3.7% versus August 2018
Dollar volume — Total value of all sales in the month.
$646.5M
MoM −$119,455,452 −15.6% down $119,455,452, 15.6% versus July 2019 YoY +4.4% up 4.4% versus August 2018
New listings — Properties newly listed during the month.
1,013
MoM −252 −19.9% down 252, 19.9% versus July 2019 YoY −7.6% down 7.6% versus August 2018
Active listings — Listings available at month end.
1,499
MoM −232 −13.4% down 232, 13.4% versus July 2019 YoY −13.9% down 13.9% versus August 2018
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
28
MoM +1 day +3.7% up 1 day, 3.7% versus July 2019 YoY −12.5% down 12.5% versus August 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 July 2019 YoY +1.0% up 1.0% versus August 2018
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
74.4%
MoM +6.0 pp +8.7% up 6.0 pp, 8.7% versus July 2019 YoY +12.2% up 12.2% versus August 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 −0.5% down 0, 0.5% versus July 2019 YoY −17.0% down 17.0% versus August 2018
Trend
13 months to August 2019
Average price
| Month | Average price |
|---|---|
| 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 |
| Aug '19 | 857417 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Aug '19 | 754 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 754 | −112 −12.9% down 112, 12.9% versus July 2019 | $857,417 | −$27,050 −3.1% down $27,050, 3.1% versus July 2019 | $755,000 | 74.4% | 2.0 |
| Detached | 401 | −68 −14.5% down 68, 14.5% versus July 2019 | $1,075,257 | −$25,638 −2.3% down $25,638, 2.3% versus July 2019 | $920,000 | 66.8% | 2.8 |
| Semi-detached | 30 | −32 −51.6% down 32, 51.6% versus July 2019 | $674,393 | −$35,322 −5.0% down $35,322, 5.0% versus July 2019 | $705,000 | 65.2% | 1.3 |
| Att/row/townhouse | 141 | −11 −7.2% down 11, 7.2% versus July 2019 | $684,053 | −$30,561 −4.3% down $30,561, 4.3% versus July 2019 | $666,000 | 81.5% | 1.0 |
| Condo townhouse | 79 | +1 +1.3% up 1, 1.3% versus July 2019 | $571,895 | +$1,866 +0.3% up $1,866, 0.3% versus July 2019 | $527,000 | 119.7% | 0.8 |
| Condo apartment | 97 | no change no change versus July 2019 | $512,172 | +$25,459 +5.2% up $25,459, 5.2% versus July 2019 | $450,000 | 79.5% | 1.4 |
| Link | 5 | −1 −16.7% down 1, 16.7% versus July 2019 | $699,200 | +$30,033 +4.5% up $30,033, 4.5% versus July 2019 | $730,000 | 100.0% | 1.2 |
| Co-op apartment | 1 | +1 up 1 versus July 2019 | $275,000 | n/a not available, prior month not on file versus July 2019 | $275,000 | 100.0% | 1.0 |
| Detached condo | 0 | −2 −100.0% down 2, 100.0% versus July 2019 | — | n/a not available, prior month not on file versus July 2019 | — | — | — |
| Co-ownership apartment | 0 | no change no change versus July 2019 | — | n/a not available, prior month not on file versus July 2019 | — | — | — |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Halton Hills +2.7% up 2.7%
- Milton −0.3% down 0.3%
- Burlington −1.5% down 1.5%
- Oakville −3.8% down 3.8%
Bottom 5
- Oakville −3.8% down 3.8%
- Burlington −1.5% down 1.5%
- Milton −0.3% down 0.3%
- Halton Hills +2.7% up 2.7%
Sales, month-over-month
Top 5
- Milton −0.9% down 0.9%
- Burlington −6.6% down 6.6%
- Oakville −22.0% down 22.0%
- Halton Hills −23.1% down 23.1%
Bottom 5
- Halton Hills −23.1% down 23.1%
- Oakville −22.0% down 22.0%
- Burlington −6.6% down 6.6%
- Milton −0.9% down 0.9%
Halton Region
Oakville
Oakville, Halton Region
$1,034,238
−$41,104 −3.8% down $41,104, 3.8% versus July 2019
- Sales
- 248
- SP/LP
- 97%
- DOM
- 31
- SNLR
- 62.2%
Burlington
Burlington, Halton Region
$798,033
−$12,025 −1.5% down $12,025, 1.5% versus July 2019
- Sales
- 213
- SP/LP
- 98%
- DOM
- 31
- SNLR
- 82.9%
Halton Hills
Halton Hills, Halton Region
$781,235
+$20,236 +2.7% up $20,236, 2.7% versus July 2019
- Sales
- 83
- SP/LP
- 97%
- DOM
- 31
- SNLR
- 64.8%
Milton
Milton, Halton Region
$738,944
−$2,133 −0.3% down $2,133, 0.3% versus July 2019
- Sales
- 210
- SP/LP
- 99%
- DOM
- 21
- SNLR
- 91.7%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|