Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,087,859
MoM +$56,138 +5.4% up $56,138, 5.4% versus August 2020 YoY +19.8% up 19.8% versus September 2019
Source: TRREB MarketWatch, September 2020
4 areas
Halton Region
September 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.
$930,000
MoM +$30,000 +3.3% up $30,000, 3.3% versus August 2020 YoY +19.2% up 19.2% versus September 2019
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,014,800
MoM +$26,200 +2.7% up $26,200, 2.7% versus August 2020 YoY +14.2% up 14.2% versus September 2019
Sales — Firm transactions reported through the MLS® System during the month.
1,164
MoM +38 +3.4% up 38, 3.4% versus August 2020 YoY +74.3% up 74.3% versus September 2019
Dollar volume — Total value of all sales in the month.
$1.27B
MoM +$104,550,361 +9.0% up $104,550,361, 9.0% versus August 2020 YoY +108.8% up 108.8% versus September 2019
New listings — Properties newly listed during the month.
1,631
MoM +131 +8.7% up 131, 8.7% versus August 2020 YoY +16.9% up 16.9% versus September 2019
Active listings — Listings available at month end.
1,280
MoM −26 −2.0% down 26, 2.0% versus August 2020 YoY −23.8% down 23.8% versus September 2019
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
18
MoM +1 day +5.9% up 1 day, 5.9% versus August 2020 YoY n/a not available, prior month not on file versus September 2019
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
23
MoM −1 day −4.2% down 1 day, 4.2% versus August 2020 YoY n/a not available, prior month not on file versus September 2019
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
100%
MoM no change no change versus August 2020 YoY +3.1% up 3.1% versus September 2019
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
71.4%
MoM −3.7 pp −4.9% down 3.7 pp, 4.9% versus August 2020 YoY +49.0% up 49.0% versus September 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 −5.2% down 0, 5.2% versus August 2020 YoY −56.3% down 56.3% versus September 2019
Trend
13 months to September 2020
Average price
| Month | Average price |
|---|---|
| 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 |
| Aug '20 | 1031721 |
| Sep '20 | 1087859 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Aug '20 | 1126 |
| Sep '20 | 1164 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,164 | +38 +3.4% up 38, 3.4% versus August 2020 | $1,087,859 | +$56,138 +5.4% up $56,138, 5.4% versus August 2020 | $930,000 | 71.4% | 1.1 |
| Detached | 667 | +39 +6.2% up 39, 6.2% versus August 2020 | $1,363,451 | +$79,800 +6.2% up $79,800, 6.2% versus August 2020 | $1,175,000 | 70.7% | 1.2 |
| Semi-detached | 75 | +14 +23.0% up 14, 23.0% versus August 2020 | $802,863 | +$1,477 +0.2% up $1,477, 0.2% versus August 2020 | $801,000 | 87.2% | 0.4 |
| Att/row/townhouse | 179 | −13 −6.8% down 13, 6.8% versus August 2020 | $820,802 | +$20,619 +2.6% up $20,619, 2.6% versus August 2020 | $775,000 | 72.8% | 0.8 |
| Condo townhouse | 108 | +6 +5.9% up 6, 5.9% versus August 2020 | $634,954 | −$63,118 −9.0% down $63,118, 9.0% versus August 2020 | $611,000 | 74.5% | 1.1 |
| Condo apartment | 122 | −13 −9.6% down 13, 9.6% versus August 2020 | $580,698 | +$25,124 +4.5% up $25,124, 4.5% versus August 2020 | $507,450 | 62.6% | 1.7 |
| Link | 11 | +3 +37.5% up 3, 37.5% versus August 2020 | $842,000 | −$15,388 −1.8% down $15,388, 1.8% versus August 2020 | $861,000 | 100.0% | 0.4 |
| Co-op apartment | 1 | +1 up 1 versus August 2020 | $324,900 | +$324,900 up $324,900 versus August 2020 | $324,900 | 50.0% | 1.0 |
| Detached condo | 1 | +1 up 1 versus August 2020 | $701,000 | +$701,000 up $701,000 versus August 2020 | $701,000 | 50.0% | 2.0 |
| Co-ownership apartment | 0 | no change no change versus August 2020 | $0 | no change no change versus August 2020 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 312.9 | $1,014,800 | +14.2% up 14.2% |
| Single-family detached | 316.5 | $1,167,400 | +15.0% up 15.0% |
| Single-family attached | 323.8 | $828,400 | +15.4% up 15.4% |
| Townhouse | 340.4 | $654,600 | +16.4% up 16.4% |
| Apartment | 276.1 | $562,500 | +11.6% up 11.6% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Oakville +10.5% up 10.5%
- Milton +5.2% up 5.2%
- Burlington +2.6% up 2.6%
- Halton Hills −1.4% down 1.4%
Bottom 5
- Halton Hills −1.4% down 1.4%
- Burlington +2.6% up 2.6%
- Milton +5.2% up 5.2%
- Oakville +10.5% up 10.5%
Sales, month-over-month
Top 5
- Burlington +17.9% up 17.9%
- Milton +0.4% up 0.4%
- Oakville −1.2% down 1.2%
- Halton Hills −9.0% down 9.0%
Bottom 5
- Halton Hills −9.0% down 9.0%
- Oakville −1.2% down 1.2%
- Milton +0.4% up 0.4%
- Burlington +17.9% up 17.9%
Halton Region
Oakville
Oakville, Halton Region
$1,410,482
+$134,141 +10.5% up $134,141, 10.5% versus August 2020
- Sales
- 402
- SP/LP
- 99%
- DOM
- 22
- SNLR
- 60.6%
Halton Hills
Halton Hills, Halton Region
$938,970
−$13,686 −1.4% down $13,686, 1.4% versus August 2020
- Sales
- 121
- SP/LP
- 101%
- DOM
- 13
- SNLR
- 84.6%
Burlington
Burlington, Halton Region
$915,994
+$23,175 +2.6% up $23,175, 2.6% versus August 2020
- Sales
- 356
- SP/LP
- 101%
- DOM
- 18
- SNLR
- 71.6%
Milton
Milton, Halton Region
$910,683
+$44,796 +5.2% up $44,796, 5.2% versus August 2020
- Sales
- 285
- SP/LP
- 102%
- DOM
- 12
- SNLR
- 86.9%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|