Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,068,161
MoM +$11,006 +1.0% up $11,006, 1.0% versus October 2020 YoY +19.7% up 19.7% versus November 2019
Source: TRREB MarketWatch, November 2020
4 areas
Halton Region
November 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.
$923,500
MoM +$13,500 +1.5% up $13,500, 1.5% versus October 2020 YoY +16.8% up 16.8% versus November 2019
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,023,600
MoM +$15,900 +1.6% up $15,900, 1.6% versus October 2020 YoY +13.5% up 13.5% versus November 2019
Sales — Firm transactions reported through the MLS® System during the month.
841
MoM −276 −24.7% down 276, 24.7% versus October 2020 YoY +25.9% up 25.9% versus November 2019
Dollar volume — Total value of all sales in the month.
$898.3M
MoM −$282,518,351 −23.9% down $282,518,351, 23.9% versus October 2020 YoY +50.8% up 50.8% versus November 2019
New listings — Properties newly listed during the month.
912
MoM −496 −35.2% down 496, 35.2% versus October 2020 YoY +12.9% up 12.9% versus November 2019
Active listings — Listings available at month end.
856
MoM −268 −23.8% down 268, 23.8% versus October 2020 YoY −27.1% down 27.1% versus November 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 October 2020 YoY n/a not available, prior month not on file versus November 2019
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
25
MoM +1 day +4.2% up 1 day, 4.2% versus October 2020 YoY n/a not available, prior month not on file versus November 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 October 2020 YoY +2.0% up 2.0% versus November 2019
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
92.2%
MoM +12.9 pp +16.2% up 12.9 pp, 16.2% versus October 2020 YoY +11.5% up 11.5% versus November 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.
1.0
MoM +0 +1.1% up 0, 1.1% versus October 2020 YoY −42.1% down 42.1% versus November 2019
Trend
13 months to November 2020
Average price
| Month | Average price |
|---|---|
| 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 |
| Oct '20 | 1057155 |
| Nov '20 | 1068161 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Oct '20 | 1117 |
| Nov '20 | 841 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 841 | −276 −24.7% down 276, 24.7% versus October 2020 | $1,068,161 | +$11,006 +1.0% up $11,006, 1.0% versus October 2020 | $923,500 | 92.2% | 1.0 |
| Detached | 442 | −172 −28.0% down 172, 28.0% versus October 2020 | $1,369,314 | +$32,518 +2.4% up $32,518, 2.4% versus October 2020 | $1,207,500 | 97.6% | 1.1 |
| Semi-detached | 64 | +14 +28.0% up 14, 28.0% versus October 2020 | $863,614 | +$41,140 +5.0% up $41,140, 5.0% versus October 2020 | $853,000 | 114.3% | 0.2 |
| Att/row/townhouse | 148 | −36 −19.6% down 36, 19.6% versus October 2020 | $803,363 | −$32,879 −3.9% down $32,879, 3.9% versus October 2020 | $790,000 | 107.3% | 0.5 |
| Condo townhouse | 88 | −26 −22.8% down 26, 22.8% versus October 2020 | $676,849 | +$46,815 +7.4% up $46,815, 7.4% versus October 2020 | $611,500 | 75.2% | 1.1 |
| Condo apartment | 93 | −52 −35.9% down 52, 35.9% versus October 2020 | $586,560 | +$5,153 +0.9% up $5,153, 0.9% versus October 2020 | $523,000 | 66.0% | 2.1 |
| Link | 5 | −3 −37.5% down 3, 37.5% versus October 2020 | $901,000 | +$24,625 +2.8% up $24,625, 2.8% versus October 2020 | $915,000 | 83.3% | 0.6 |
| Co-op apartment | 1 | +1 up 1 versus October 2020 | $300,000 | +$300,000 up $300,000 versus October 2020 | $300,000 | 100.0% | 1.0 |
| Detached condo | 0 | −2 −100.0% down 2, 100.0% versus October 2020 | $0 | −$959,000 −100.0% down $959,000, 100.0% versus October 2020 | — | — | — |
| Co-ownership apartment | 0 | no change no change versus October 2020 | $0 | no change no change versus October 2020 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 315.6 | $1,023,600 | +13.5% up 13.5% |
| Single-family detached | 319.3 | $1,177,700 | +14.8% up 14.8% |
| Single-family attached | 331.2 | $847,300 | +15.6% up 15.6% |
| Townhouse | 342.5 | $658,600 | +16.2% up 16.2% |
| Apartment | 276.5 | $563,300 | +8.9% up 8.9% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Halton Hills +6.9% up 6.9%
- Burlington +3.5% up 3.5%
- Milton +0.5% up 0.5%
- Oakville −2.8% down 2.8%
Bottom 5
- Oakville −2.8% down 2.8%
- Milton +0.5% up 0.5%
- Burlington +3.5% up 3.5%
- Halton Hills +6.9% up 6.9%
Sales, month-over-month
Top 5
- Halton Hills −15.9% down 15.9%
- Milton −17.2% down 17.2%
- Oakville −20.5% down 20.5%
- Burlington −36.8% down 36.8%
Bottom 5
- Burlington −36.8% down 36.8%
- Oakville −20.5% down 20.5%
- Milton −17.2% down 17.2%
- Halton Hills −15.9% down 15.9%
Halton Region
Oakville
Oakville, Halton Region
$1,276,051
−$37,430 −2.8% down $37,430, 2.8% versus October 2020
- Sales
- 310
- SP/LP
- 98%
- DOM
- 23
- SNLR
- 87.1%
Halton Hills
Halton Hills, Halton Region
$1,000,255
+$64,643 +6.9% up $64,643, 6.9% versus October 2020
- Sales
- 90
- SP/LP
- 101%
- DOM
- 14
- SNLR
- 97.8%
Burlington
Burlington, Halton Region
$948,924
+$31,911 +3.5% up $31,911, 3.5% versus October 2020
- Sales
- 234
- SP/LP
- 100%
- DOM
- 19
- SNLR
- 91.0%
Milton
Milton, Halton Region
$921,143
+$4,426 +0.5% up $4,426, 0.5% versus October 2020
- Sales
- 207
- SP/LP
- 103%
- DOM
- 12
- SNLR
- 100.0%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|