Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$977,617
MoM +$45,835 +4.9% up $45,835, 4.9% versus January 2020 YoY +23.3% up 23.3% versus February 2019
Source: TRREB MarketWatch, February 2020
4 areas
Halton Region
February 2020
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$850,505
MoM +$10,505 +1.3% up $10,505, 1.3% versus January 2020 YoY +18.5% up 18.5% versus February 2019
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$950,600
MoM +$25,500 +2.8% up $25,500, 2.8% versus January 2020 YoY +14.2% up 14.2% versus February 2019
Sales — Firm transactions reported through the MLS® System during the month.
769
MoM +314 +69.0% up 314, 69.0% versus January 2020 YoY +51.4% up 51.4% versus February 2019
Dollar volume — Total value of all sales in the month.
$751.8M
MoM +$327,826,883 +77.3% up $327,826,883, 77.3% versus January 2020 YoY +86.7% up 86.7% versus February 2019
New listings — Properties newly listed during the month.
1,116
MoM +307 +37.9% up 307, 37.9% versus January 2020 YoY +6.0% up 6.0% versus February 2019
Active listings — Listings available at month end.
951
MoM +147 +18.3% up 147, 18.3% versus January 2020 YoY −34.9% down 34.9% versus February 2019
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
16
MoM −13 days −44.8% down 13 days, 44.8% versus January 2020 YoY n/a not available, prior month not on file versus February 2019
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
21
MoM −20 days −48.8% down 20 days, 48.8% versus January 2020 YoY n/a not available, prior month not on file versus February 2019
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
100%
MoM +2.0 pp +2.0% up 2.0 pp, 2.0% versus January 2020 YoY +2.0% up 2.0% versus February 2019
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
68.9%
MoM +12.7 pp +22.5% up 12.7 pp, 22.5% versus January 2020 YoY +42.8% up 42.8% versus February 2019
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.
1.2
MoM −1 −30.0% down 1, 30.0% versus January 2020 YoY −57.0% down 57.0% versus February 2019
Trend
13 months to February 2020
Average price
| Month | Average price |
|---|---|
| Feb '19 | 792587 |
| Mar '19 | 838658 |
| Apr '19 | 855516 |
| May '19 | 855636 |
| Jun '19 | 882960 |
| Jul '19 | 884467 |
| Aug '19 | 857417 |
| Sep '19 | 908053 |
| Oct '19 | 891908 |
| Nov '19 | 892034 |
| Dec '19 | 899220 |
| Jan '20 | 931782 |
| Feb '20 | 977617 |
Sales
| Month | Sales |
|---|---|
| Feb '19 | 508 |
| Mar '19 | 775 |
| Apr '19 | 965 |
| May '19 | 1015 |
| Jun '19 | 907 |
| Jul '19 | 866 |
| Aug '19 | 754 |
| Sep '19 | 668 |
| Oct '19 | 750 |
| Nov '19 | 668 |
| Dec '19 | 382 |
| Jan '20 | 455 |
| Feb '20 | 769 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 769 | +314 +69.0% up 314, 69.0% versus January 2020 | $977,617 | +$45,835 +4.9% up $45,835, 4.9% versus January 2020 | $850,505 | 68.9% | 1.2 |
| Detached | 406 | +143 +54.4% up 143, 54.4% versus January 2020 | $1,228,860 | +$90,554 +8.0% up $90,554, 8.0% versus January 2020 | $1,058,600 | 59.7% | 1.8 |
| Semi-detached | 53 | +36 +211.8% up 36, 211.8% versus January 2020 | $793,288 | +$29,018 +3.8% up $29,018, 3.8% versus January 2020 | $785,000 | 94.6% | 0.5 |
| Att/row/townhouse | 142 | +62 +77.5% up 62, 77.5% versus January 2020 | $790,251 | +$39,362 +5.2% up $39,362, 5.2% versus January 2020 | $755,000 | 82.6% | 0.5 |
| Condo townhouse | 63 | +27 +75.0% up 27, 75.0% versus January 2020 | $638,030 | +$48,936 +8.3% up $48,936, 8.3% versus January 2020 | $585,000 | 78.8% | 0.8 |
| Condo apartment | 97 | +42 +76.4% up 42, 76.4% versus January 2020 | $531,706 | +$39,744 +8.1% up $39,744, 8.1% versus January 2020 | $520,000 | 84.3% | 0.8 |
| Link | 8 | +4 +100.0% up 4, 100.0% versus January 2020 | $854,938 | +$40,563 +5.0% up $40,563, 5.0% versus January 2020 | $854,500 | 61.5% | 0.9 |
| Co-op apartment | 0 | no change no change versus January 2020 | $0 | no change no change versus January 2020 | — | — | — |
| Detached condo | 0 | no change no change versus January 2020 | $0 | no change no change versus January 2020 | — | — | — |
| Co-ownership apartment | 0 | no change no change versus January 2020 | $0 | no change no change versus January 2020 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 294.8 | $950,600 | +14.2% up 14.2% |
| Single-family detached | 290.5 | $1,071,500 | +14.0% up 14.0% |
| Single-family attached | 299.7 | $766,700 | +11.9% up 11.9% |
| Townhouse | 325.8 | $600,900 | +13.0% up 13.0% |
| Apartment | 281.6 | $520,800 | +18.1% up 18.1% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Halton Hills +9.4% up 9.4%
- Oakville +7.1% up 7.1%
- Burlington +2.2% up 2.2%
- Milton +1.5% up 1.5%
Bottom 5
- Milton +1.5% up 1.5%
- Burlington +2.2% up 2.2%
- Oakville +7.1% up 7.1%
- Halton Hills +9.4% up 9.4%
Sales, month-over-month
Top 5
- Milton +88.4% up 88.4%
- Oakville +68.7% up 68.7%
- Burlington +65.0% up 65.0%
- Halton Hills +46.6% up 46.6%
Bottom 5
- Halton Hills +46.6% up 46.6%
- Burlington +65.0% up 65.0%
- Oakville +68.7% up 68.7%
- Milton +88.4% up 88.4%
Halton Region
Oakville
Oakville, Halton Region
$1,182,731
+$77,935 +7.1% up $77,935, 7.1% versus January 2020
- Sales
- 302
- SP/LP
- 99%
- DOM
- 19
- SNLR
- 65.1%
Halton Hills
Halton Hills, Halton Region
$889,856
+$76,398 +9.4% up $76,398, 9.4% versus January 2020
- Sales
- 85
- SP/LP
- 99%
- DOM
- 22
- SNLR
- 78.0%
Burlington
Burlington, Halton Region
$862,960
+$18,573 +2.2% up $18,573, 2.2% versus January 2020
- Sales
- 203
- SP/LP
- 100%
- DOM
- 17
- SNLR
- 70.0%
Milton
Milton, Halton Region
$803,265
+$12,082 +1.5% up $12,082, 1.5% versus January 2020
- Sales
- 179
- SP/LP
- 102%
- DOM
- 9
- SNLR
- 70.8%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|