Source: TRREB MarketWatch, March 2020

4 areas

Halton Region

March 2020

Headline indicators

All home types

Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.

$933,413

MoM −$44,204 −4.5% YoY +11.3%

Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.

$845,000

MoM −$5,505 −0.6% YoY +13.0%

MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.

$967,400

MoM +$16,800 +1.8% YoY +14.6%

Sales — Firm transactions reported through the MLS® System during the month.

819

MoM +50 +6.5% YoY +5.7%

Dollar volume — Total value of all sales in the month.

$764.5M

MoM +$12,677,769 +1.7% YoY +17.6%

New listings — Properties newly listed during the month.

1,456

MoM +340 +30.5% YoY −1.6%

Active listings — Listings available at month end.

1,162

MoM +211 +22.2% YoY −32.3%

Avg. LDOM — Average days on market for the current listing. Not reported before 2020.

MoM −3 days −18.8% YoY n/a

Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.

MoM −4 days −19.0% YoY n/a

Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.

101%

MoM +1.0 pp +1.0% YoY +3.1%

SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.

56.3%

MoM −12.7 pp −18.4% YoY +7.4%

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.

1.4

MoM +0 +14.7% YoY −35.9%

Trend

13 months to March 2020

Average price

Halton Region average selling price over the 13 months ending March 2020.
Month	Average price
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
Mar '20	933413

Sales

Halton Region sales over the 13 months ending March 2020.
Month	Sales
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
Mar '20	819

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	819	+50 +6.5% up 50, 6.5% versus February 2020	$933,413	−$44,204 −4.5% down $44,204, 4.5% versus February 2020	$845,000	56.3%	1.4
Detached	445	+39 +9.6% up 39, 9.6% versus February 2020	$1,150,193	−$78,667 −6.4% down $78,667, 6.4% versus February 2020	$1,050,000	51.5%	1.9
Semi-detached	55	+2 +3.8% up 2, 3.8% versus February 2020	$813,312	+$20,024 +2.5% up $20,024, 2.5% versus February 2020	$810,000	59.1%	0.8
Att/row/townhouse	134	−8 −5.6% down 8, 5.6% versus February 2020	$756,296	−$33,955 −4.3% down $33,955, 4.3% versus February 2020	$736,500	59.0%	0.9
Condo townhouse	76	+13 +20.6% up 13, 20.6% versus February 2020	$617,232	−$20,798 −3.3% down $20,798, 3.3% versus February 2020	$586,750	69.1%	0.8
Condo apartment	99	+2 +2.1% up 2, 2.1% versus February 2020	$534,160	+$2,454 +0.5% up $2,454, 0.5% versus February 2020	$510,000	67.3%	1.0
Link	9	+1 +12.5% up 1, 12.5% versus February 2020	$721,944	−$132,994 −15.6% down $132,994, 15.6% versus February 2020	$730,000	69.2%	0.9
Co-op apartment	1	+1 up 1 versus February 2020	$265,000	+$265,000 up $265,000 versus February 2020	$265,000	50.0%	2.0
Detached condo	0	no change no change versus February 2020	$0	no change no change versus February 2020	—	—	—
Co-ownership apartment	0	no change no change versus February 2020	$0	no change no change versus February 2020	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	300	$967,400	+14.6% up 14.6%
Single-family detached	296.1	$1,092,100	+14.4% up 14.4%
Single-family attached	305.2	$780,800	+12.5% up 12.5%
Townhouse	332.7	$613,700	+13.9% up 13.9%
Apartment	281.5	$520,600	+16.5% up 16.5%

Movers within Halton Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Milton +4.6% up 4.6%
Burlington −2.5% down 2.5%
Oakville −5.5% down 5.5%
Halton Hills −6.2% down 6.2%

Bottom 5

Halton Hills −6.2% down 6.2%
Oakville −5.5% down 5.5%
Burlington −2.5% down 2.5%
Milton +4.6% up 4.6%

Sales, month-over-month

Top 5

Burlington +19.2% up 19.2%
Milton +17.3% up 17.3%
Halton Hills +7.1% up 7.1%
Oakville −8.6% down 8.6%

Bottom 5

Oakville −8.6% down 8.6%
Halton Hills +7.1% up 7.1%
Milton +17.3% up 17.3%
Burlington +19.2% up 19.2%

Halton Region

Oakville

Oakville, Halton Region

$1,117,643

−$65,088 −5.5% down $65,088, 5.5% versus February 2020

Sales: 276
SP/LP: 100%
DOM: 18
SNLR: 51.2%

Full history →

Burlington

Burlington, Halton Region

$841,376

−$21,584 −2.5% down $21,584, 2.5% versus February 2020

Sales: 242
SP/LP: 101%
DOM: 11
SNLR: 62.2%

Full history →

Milton

Milton, Halton Region

$840,176

+$36,911 +4.6% up $36,911, 4.6% versus February 2020

Sales: 210
SP/LP: 102%
DOM: 11
SNLR: 55.7%

Full history →

Halton Hills

Halton Hills, Halton Region

$834,572

−$55,284 −6.2% down $55,284, 6.2% versus February 2020

Sales: 91
SP/LP: 101%
DOM: 12
SNLR: 60.3%

Full history →

All Halton Region areas

Home type

0 areas

Area	Sales	MoM	$ volume	Average	MoM	Median	New	Active	SP/LP	LDOM	PDOM	SNLR	MOI