Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$908,053
MoM +$50,636 +5.9% up $50,636, 5.9% versus August 2019 YoY +6.3% up 6.3% versus September 2018
Source: TRREB MarketWatch, September 2019
4 areas
Halton Region
September 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 +$25,000 +3.3% up $25,000, 3.3% versus August 2019 YoY +5.8% up 5.8% versus September 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 August 2019 YoY n/a not available, prior month not on file versus September 2018
Sales — Firm transactions reported through the MLS® System during the month.
668
MoM −86 −11.4% down 86, 11.4% versus August 2019 YoY +5.0% up 5.0% versus September 2018
Dollar volume — Total value of all sales in the month.
$606.6M
MoM −$39,913,540 −6.2% down $39,913,540, 6.2% versus August 2019 YoY +11.6% up 11.6% versus September 2018
New listings — Properties newly listed during the month.
1,395
MoM +382 +37.7% up 382, 37.7% versus August 2019 YoY −7.8% down 7.8% versus September 2018
Active listings — Listings available at month end.
1,680
MoM +181 +12.1% up 181, 12.1% versus August 2019 YoY −14.7% down 14.7% versus September 2018
Avg. DOM — Average days on market. Editions before 2020 report this single figure rather than splitting it into LDOM and PDOM.
25
MoM −3 days −10.7% down 3 days, 10.7% versus August 2019 YoY −13.8% down 13.8% versus September 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% down 1.0 pp, 1.0% versus August 2019 YoY −1.0% down 1.0% versus September 2018
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
47.9%
MoM −26.5 pp −35.7% down 26.5 pp, 35.7% versus August 2019 YoY +13.9% up 13.9% versus September 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.
2.5
MoM +1 +26.5% up 1, 26.5% versus August 2019 YoY −18.8% down 18.8% versus September 2018
Trend
13 months to September 2019
Average price
| Month | Average price |
|---|---|
| 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 |
| Sep '19 | 908053 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Sep '19 | 668 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 668 | −86 −11.4% down 86, 11.4% versus August 2019 | $908,053 | +$50,636 +5.9% up $50,636, 5.9% versus August 2019 | $780,000 | 47.9% | 2.5 |
| Detached | 341 | −60 −15.0% down 60, 15.0% versus August 2019 | $1,151,761 | +$76,504 +7.1% up $76,504, 7.1% versus August 2019 | $950,000 | 37.6% | 3.7 |
| Semi-detached | 41 | +11 +36.7% up 11, 36.7% versus August 2019 | $735,310 | +$60,917 +9.0% up $60,917, 9.0% versus August 2019 | $725,000 | 68.3% | 1.1 |
| Att/row/townhouse | 133 | −8 −5.7% down 8, 5.7% versus August 2019 | $744,304 | +$60,251 +8.8% up $60,251, 8.8% versus August 2019 | $703,800 | 76.9% | 1.1 |
| Condo townhouse | 55 | −24 −30.4% down 24, 30.4% versus August 2019 | $615,949 | +$44,054 +7.7% up $44,054, 7.7% versus August 2019 | $517,000 | 55.0% | 1.6 |
| Condo apartment | 90 | −7 −7.2% down 7, 7.2% versus August 2019 | $504,171 | −$8,001 −1.6% down $8,001, 1.6% versus August 2019 | $476,000 | 64.8% | 1.7 |
| Link | 7 | +2 +40.0% up 2, 40.0% versus August 2019 | $719,729 | +$20,529 +2.9% up $20,529, 2.9% versus August 2019 | $701,000 | 53.9% | 0.9 |
| Co-op apartment | 1 | no change no change versus August 2019 | $398,000 | +$123,000 +44.7% up $123,000, 44.7% versus August 2019 | $398,000 | 50.0% | 2.0 |
| Detached condo | 0 | no change no change versus August 2019 | — | n/a not available, prior month not on file versus August 2019 | — | — | — |
| Co-ownership apartment | 0 | no change no change versus August 2019 | — | n/a not available, prior month not on file versus August 2019 | — | — | — |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Oakville +9.8% up 9.8%
- Halton Hills +7.7% up 7.7%
- Burlington +2.8% up 2.8%
- Milton +0.4% up 0.4%
Bottom 5
- Milton +0.4% up 0.4%
- Burlington +2.8% up 2.8%
- Halton Hills +7.7% up 7.7%
- Oakville +9.8% up 9.8%
Sales, month-over-month
Top 5
- Burlington −3.3% down 3.3%
- Oakville −9.7% down 9.7%
- Milton −18.6% down 18.6%
- Halton Hills −19.3% down 19.3%
Bottom 5
- Halton Hills −19.3% down 19.3%
- Milton −18.6% down 18.6%
- Oakville −9.7% down 9.7%
- Burlington −3.3% down 3.3%
Halton Region
Oakville
Oakville, Halton Region
$1,135,335
+$101,097 +9.8% up $101,097, 9.8% versus August 2019
- Sales
- 224
- SP/LP
- 96%
- DOM
- 32
- SNLR
- 37.8%
Halton Hills
Halton Hills, Halton Region
$841,406
+$60,171 +7.7% up $60,171, 7.7% versus August 2019
- Sales
- 67
- SP/LP
- 97%
- DOM
- 22
- SNLR
- 39.9%
Burlington
Burlington, Halton Region
$820,569
+$22,536 +2.8% up $22,536, 2.8% versus August 2019
- Sales
- 206
- SP/LP
- 98%
- DOM
- 24
- SNLR
- 53.9%
Milton
Milton, Halton Region
$741,829
+$2,885 +0.4% up $2,885, 0.4% versus August 2019
- Sales
- 171
- SP/LP
- 99%
- DOM
- 18
- SNLR
- 67.9%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|