Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$991,183
MoM −$4,035 −0.4% down $4,035, 0.4% versus June 2020 YoY +12.1% up 12.1% versus July 2019
Source: TRREB MarketWatch, July 2020
4 areas
Halton Region
July 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.
$862,500
MoM −$7,450 −0.9% down $7,450, 0.9% versus June 2020 YoY +10.6% up 10.6% versus July 2019
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$968,800
MoM +$7,500 +0.8% up $7,500, 0.8% versus June 2020 YoY +10.7% up 10.7% versus July 2019
Sales — Firm transactions reported through the MLS® System during the month.
1,198
MoM +208 +21.0% up 208, 21.0% versus June 2020 YoY +38.3% up 38.3% versus July 2019
Dollar volume — Total value of all sales in the month.
$1.19B
MoM +$202,171,177 +20.5% up $202,171,177, 20.5% versus June 2020 YoY +55.0% up 55.0% versus July 2019
New listings — Properties newly listed during the month.
1,619
MoM +24 +1.5% up 24, 1.5% versus June 2020 YoY +28.0% up 28.0% versus July 2019
Active listings — Listings available at month end.
1,299
MoM −38 −2.8% down 38, 2.8% versus June 2020 YoY −25.0% down 25.0% versus July 2019
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
18
MoM −2 days −10.0% down 2 days, 10.0% versus June 2020 YoY n/a not available, prior month not on file versus July 2019
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
26
MoM −2 days −7.1% down 2 days, 7.1% versus June 2020 YoY n/a not available, prior month not on file versus July 2019
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
99%
MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus June 2020 YoY +1.0% up 1.0% versus July 2019
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
74.0%
MoM +11.9 pp +19.2% up 11.9 pp, 19.2% versus June 2020 YoY +8.1% up 8.1% versus July 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.
1.1
MoM −0 −19.7% down 0, 19.7% versus June 2020 YoY −45.8% down 45.8% versus July 2019
Trend
13 months to July 2020
Average price
| Month | Average price |
|---|---|
| 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 |
| May '20 | 922833 |
| Jun '20 | 995218 |
| Jul '20 | 991183 |
Sales
| Month | Sales |
|---|---|
| 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 |
| May '20 | 497 |
| Jun '20 | 990 |
| Jul '20 | 1198 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,198 | +208 +21.0% up 208, 21.0% versus June 2020 | $991,183 | −$4,035 −0.4% down $4,035, 0.4% versus June 2020 | $862,500 | 74.0% | 1.1 |
| Detached | 669 | +86 +14.8% up 86, 14.8% versus June 2020 | $1,226,100 | +$12,583 +1.0% up $12,583, 1.0% versus June 2020 | $1,100,000 | 70.7% | 1.3 |
| Semi-detached | 65 | +19 +41.3% up 19, 41.3% versus June 2020 | $805,346 | +$16,762 +2.1% up $16,762, 2.1% versus June 2020 | $808,000 | 77.4% | 0.6 |
| Att/row/townhouse | 207 | +43 +26.2% up 43, 26.2% versus June 2020 | $789,474 | +$8,035 +1.0% up $8,035, 1.0% versus June 2020 | $746,900 | 86.6% | 0.6 |
| Condo townhouse | 105 | +12 +12.9% up 12, 12.9% versus June 2020 | $634,471 | +$13,034 +2.1% up $13,034, 2.1% versus June 2020 | $601,100 | 80.8% | 0.8 |
| Condo apartment | 142 | +45 +46.4% up 45, 46.4% versus June 2020 | $547,953 | +$28,228 +5.4% up $28,228, 5.4% versus June 2020 | $495,000 | 67.9% | 1.3 |
| Link | 8 | +3 +60.0% up 3, 60.0% versus June 2020 | $743,813 | −$165,787 −18.2% down $165,787, 18.2% versus June 2020 | $755,250 | 88.9% | 0.6 |
| Co-op apartment | 1 | −1 −50.0% down 1, 50.0% versus June 2020 | $262,777 | −$37,223 −12.4% down $37,223, 12.4% versus June 2020 | $262,777 | — | 1.0 |
| Detached condo | 1 | +1 up 1 versus June 2020 | $765,500 | +$765,500 up $765,500 versus June 2020 | $765,500 | 50.0% | 1.0 |
| Co-ownership apartment | 0 | no change no change versus June 2020 | $0 | no change no change versus June 2020 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 298.7 | $968,800 | +10.7% up 10.7% |
| Single-family detached | 298.9 | $1,102,400 | +10.4% up 10.4% |
| Single-family attached | 306.7 | $784,600 | +10.7% up 10.7% |
| Townhouse | 325.4 | $625,700 | +14.1% up 14.1% |
| Apartment | 277.5 | $565,300 | +12.4% up 12.4% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Milton +1.1% up 1.1%
- Halton Hills +1.0% up 1.0%
- Burlington +0.7% up 0.7%
- Oakville −2.2% down 2.2%
Bottom 5
- Oakville −2.2% down 2.2%
- Burlington +0.7% up 0.7%
- Halton Hills +1.0% up 1.0%
- Milton +1.1% up 1.1%
Sales, month-over-month
Top 5
- Burlington +25.0% up 25.0%
- Oakville +20.2% up 20.2%
- Milton +19.1% up 19.1%
- Halton Hills +17.6% up 17.6%
Bottom 5
- Halton Hills +17.6% up 17.6%
- Milton +19.1% up 19.1%
- Oakville +20.2% up 20.2%
- Burlington +25.0% up 25.0%
Halton Region
Oakville
Oakville, Halton Region
$1,222,137
−$27,548 −2.2% down $27,548, 2.2% versus June 2020
- Sales
- 387
- SP/LP
- 98%
- DOM
- 23
- SNLR
- 62.9%
Burlington
Burlington, Halton Region
$907,061
+$6,364 +0.7% up $6,364, 0.7% versus June 2020
- Sales
- 365
- SP/LP
- 100%
- DOM
- 17
- SNLR
- 80.8%
Halton Hills
Halton Hills, Halton Region
$893,960
+$8,773 +1.0% up $8,773, 1.0% versus June 2020
- Sales
- 147
- SP/LP
- 100%
- DOM
- 16
- SNLR
- 93.6%
Milton
Milton, Halton Region
$842,744
+$9,217 +1.1% up $9,217, 1.1% versus June 2020
- Sales
- 299
- SP/LP
- 100%
- DOM
- 13
- SNLR
- 75.7%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|