Source: TRREB MarketWatch, December 2020

4 areas

Halton Region

December 2020

Headline indicators

All home types

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

$1,095,250

MoM +$27,089 +2.5% YoY +21.8%

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

$925,000

MoM +$1,500 +0.2% YoY +13.6%

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

$1,050,800

MoM +$27,200 +2.7% YoY +15.6%

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

584

MoM −257 −30.6% YoY +52.9%

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

$639.6M

MoM −$258,697,549 −28.8% YoY +86.2%

New listings — Properties newly listed during the month.

475

MoM −437 −47.9% YoY +70.3%

Active listings — Listings available at month end.

488

MoM −368 −43.0% YoY −30.6%

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

MoM +3 days +16.7% YoY n/a

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

MoM +3 days +12.0% YoY n/a

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

100%

MoM no change YoY +3.1%

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

123.0%

MoM +30.7 pp +33.3% YoY −10.2%

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.

0.8

MoM −0 −17.9% YoY −54.6%

Trend

13 months to December 2020

Average price

Halton Region average selling price over the 13 months ending December 2020.
Month	Average price
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
Dec '20	1095250

Sales

Halton Region sales over the 13 months ending December 2020.
Month	Sales
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
Dec '20	584

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	584	−257 −30.6% down 257, 30.6% versus November 2020	$1,095,250	+$27,089 +2.5% up $27,089, 2.5% versus November 2020	$925,000	123.0%	0.8
Detached	305	−137 −31.0% down 137, 31.0% versus November 2020	$1,429,635	+$60,321 +4.4% up $60,321, 4.4% versus November 2020	$1,260,000	128.7%	0.9
Semi-detached	19	−45 −70.3% down 45, 70.3% versus November 2020	$880,514	+$16,900 +2.0% up $16,900, 2.0% versus November 2020	$892,000	135.7%	0.3
Att/row/townhouse	91	−57 −38.5% down 57, 38.5% versus November 2020	$837,825	+$34,462 +4.3% up $34,462, 4.3% versus November 2020	$821,000	124.7%	0.3
Condo townhouse	83	−5 −5.7% down 5, 5.7% versus November 2020	$628,419	−$48,430 −7.2% down $48,430, 7.2% versus November 2020	$610,000	143.1%	0.5
Condo apartment	79	−14 −15.1% down 14, 15.1% versus November 2020	$638,375	+$51,815 +8.8% up $51,815, 8.8% versus November 2020	$517,500	90.8%	1.9
Link	6	+1 +20.0% up 1, 20.0% versus November 2020	$1,166,667	+$265,667 +29.5% up $265,667, 29.5% versus November 2020	$1,070,000	120.0%	0.3
Co-op apartment	0	−1 −100.0% down 1, 100.0% versus November 2020	$0	−$300,000 −100.0% down $300,000, 100.0% versus November 2020	—	—	—
Detached condo	1	+1 up 1 versus November 2020	$1,025,000	+$1,025,000 up $1,025,000 versus November 2020	$1,025,000	100.0%	1.0
Co-ownership apartment	0	no change no change versus November 2020	$0	no change no change versus November 2020	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	324	$1,050,800	+15.6% up 15.6%
Single-family detached	330.6	$1,219,400	+17.9% up 17.9%
Single-family attached	343.2	$878,000	+18.0% up 18.0%
Townhouse	341.7	$657,100	+16.2% up 16.2%
Apartment	278.8	$568,000	+8.7% up 8.7%

Movers within Halton Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Milton +4.6% up 4.6%
Burlington +2.6% up 2.6%
Oakville +2.4% up 2.4%
Halton Hills −6.6% down 6.6%

Bottom 5

Halton Hills −6.6% down 6.6%
Oakville +2.4% up 2.4%
Burlington +2.6% up 2.6%
Milton +4.6% up 4.6%

Sales, month-over-month

Top 5

Halton Hills −26.7% down 26.7%
Oakville −27.4% down 27.4%
Burlington −31.2% down 31.2%
Milton −36.2% down 36.2%

Bottom 5

Milton −36.2% down 36.2%
Burlington −31.2% down 31.2%
Oakville −27.4% down 27.4%
Halton Hills −26.7% down 26.7%

Halton Region

Oakville

Oakville, Halton Region

$1,306,329

+$30,278 +2.4% up $30,278, 2.4% versus November 2020

Sales: 225
SP/LP: 98%
DOM: 29
SNLR: 132.3%

Full history →

Burlington

Burlington, Halton Region

$974,026

+$25,102 +2.6% up $25,102, 2.6% versus November 2020

Sales: 161
SP/LP: 102%
DOM: 21
SNLR: 111.8%

Full history →

Milton

Milton, Halton Region

$963,618

+$42,475 +4.6% up $42,475, 4.6% versus November 2020

Sales: 132
SP/LP: 102%
DOM: 12
SNLR: 129.4%

Full history →

Halton Hills

Halton Hills, Halton Region

$934,636

−$65,619 −6.6% down $65,619, 6.6% versus November 2020

Sales: 66
SP/LP: 99%
DOM: 14
SNLR: 111.9%

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