Source: TRREB MarketWatch, April 2020

4 areas

Halton Region

April 2020

Headline indicators

All home types

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

$870,966

MoM −$62,447 −6.7% YoY +1.8%

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

$782,250

MoM −$62,750 −7.4% YoY +1.6%

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

$958,000

MoM −$9,400 −1.0% YoY +10.4%

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

338

MoM −481 −58.7% YoY −65.0%

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

$294.4M

MoM −$470,079,049 −61.5% YoY −64.3%

New listings — Properties newly listed during the month.

621

MoM −835 −57.3% YoY −64.3%

Active listings — Listings available at month end.

1,117

MoM −45 −3.9% YoY −42.1%

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

MoM +7 days +53.8% YoY n/a

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

MoM +7 days +41.2% YoY n/a

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

98%

MoM −3.0 pp −3.0% YoY no change

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

54.4%

MoM −1.8 pp −3.2% YoY −2.0%

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.

3.3

MoM +2 +132.9% YoY +65.4%

Trend

13 months to April 2020

Average price

Halton Region average selling price over the 13 months ending April 2020.
Month	Average price
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
Apr '20	870966

Sales

Halton Region sales over the 13 months ending April 2020.
Month	Sales
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
Apr '20	338

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	338	−481 −58.7% down 481, 58.7% versus March 2020	$870,966	−$62,447 −6.7% down $62,447, 6.7% versus March 2020	$782,250	54.4%	3.3
Detached	174	−271 −60.9% down 271, 60.9% versus March 2020	$1,064,805	−$85,388 −7.4% down $85,388, 7.4% versus March 2020	$929,750	49.3%	4.6
Semi-detached	20	−35 −63.6% down 35, 63.6% versus March 2020	$765,690	−$47,622 −5.9% down $47,622, 5.9% versus March 2020	$732,500	62.5%	1.9
Att/row/townhouse	73	−61 −45.5% down 61, 45.5% versus March 2020	$749,596	−$6,700 −0.9% down $6,700, 0.9% versus March 2020	$730,000	71.6%	1.5
Condo townhouse	32	−44 −57.9% down 44, 57.9% versus March 2020	$573,256	−$43,976 −7.1% down $43,976, 7.1% versus March 2020	$557,500	62.8%	1.8
Condo apartment	36	−63 −63.6% down 63, 63.6% versus March 2020	$506,306	−$27,854 −5.2% down $27,854, 5.2% versus March 2020	$485,500	46.8%	3.1
Link	3	−6 −66.7% down 6, 66.7% versus March 2020	$835,000	+$113,056 +15.7% up $113,056, 15.7% versus March 2020	$801,000	60.0%	3.0
Co-op apartment	0	−1 −100.0% down 1, 100.0% versus March 2020	$0	−$265,000 −100.0% down $265,000, 100.0% versus March 2020	—	0.0%	—
Detached condo	0	no change no change versus March 2020	$0	no change no change versus March 2020	—	—	—
Co-ownership apartment	0	no change no change versus March 2020	$0	no change no change versus March 2020	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	297.1	$958,000	+10.4% up 10.4%
Single-family detached	291.9	$1,076,600	+9.7% up 9.7%
Single-family attached	301.3	$770,800	+8.4% up 8.4%
Townhouse	333.4	$615,000	+12.9% up 12.9%
Apartment	282.8	$523,000	+12.9% up 12.9%

Movers within Halton Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Burlington +2.8% up 2.8%
Oakville −4.7% down 4.7%
Halton Hills −12.3% down 12.3%
Milton −12.5% down 12.5%

Bottom 5

Milton −12.5% down 12.5%
Halton Hills −12.3% down 12.3%
Oakville −4.7% down 4.7%
Burlington +2.8% up 2.8%

Sales, month-over-month

Top 5

Milton −53.8% down 53.8%
Halton Hills −56.0% down 56.0%
Burlington −58.3% down 58.3%
Oakville −63.8% down 63.8%

Bottom 5

Oakville −63.8% down 63.8%
Burlington −58.3% down 58.3%
Halton Hills −56.0% down 56.0%
Milton −53.8% down 53.8%

Halton Region

Oakville

Oakville, Halton Region

$1,064,871

−$52,772 −4.7% down $52,772, 4.7% versus March 2020

Sales: 100
SP/LP: 97%
DOM: 24
SNLR: 46.5%

Full history →

Burlington

Burlington, Halton Region

$864,637

+$23,261 +2.8% up $23,261, 2.8% versus March 2020

Sales: 101
SP/LP: 97%
DOM: 19
SNLR: 55.5%

Full history →

Milton

Milton, Halton Region

$735,078

−$105,098 −12.5% down $105,098, 12.5% versus March 2020

Sales: 97
SP/LP: 99%
DOM: 16
SNLR: 58.8%

Full history →

Halton Hills

Halton Hills, Halton Region

$731,712

−$102,860 −12.3% down $102,860, 12.3% versus March 2020

Sales: 40
SP/LP: 98%
DOM: 19
SNLR: 67.8%

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