Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,212,303
MoM +$52,244 +4.5% up $52,244, 4.5% versus January 2021 YoY +24.0% up 24.0% versus February 2020
Source: TRREB MarketWatch, February 2021
4 areas
Halton Region
February 2021
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$1,080,000
MoM +$75,000 +7.5% up $75,000, 7.5% versus January 2021 YoY +27.0% up 27.0% versus February 2020
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,143,900
MoM +$58,400 +5.4% up $58,400, 5.4% versus January 2021 YoY +21.6% up 21.6% versus February 2020
Sales — Firm transactions reported through the MLS® System during the month.
1,127
MoM +490 +76.9% up 490, 76.9% versus January 2021 YoY +46.6% up 46.6% versus February 2020
Dollar volume — Total value of all sales in the month.
$1.37B
MoM +$627,308,529 +84.9% up $627,308,529, 84.9% versus January 2021 YoY +81.7% up 81.7% versus February 2020
New listings — Properties newly listed during the month.
1,557
MoM +702 +82.1% up 702, 82.1% versus January 2021 YoY +39.5% up 39.5% versus February 2020
Active listings — Listings available at month end.
733
MoM +191 +35.2% up 191, 35.2% versus January 2021 YoY −22.9% down 22.9% versus February 2020
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
10
MoM −9 days −47.4% down 9 days, 47.4% versus January 2021 YoY −37.5% down 37.5% versus February 2020
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
13
MoM −13 days −50.0% down 13 days, 50.0% versus January 2021 YoY −38.1% down 38.1% versus February 2020
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
107%
MoM +4.0 pp +3.9% up 4.0 pp, 3.9% versus January 2021 YoY +7.0% up 7.0% versus February 2020
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
72.4%
MoM −2.1 pp −2.8% down 2.1 pp, 2.8% versus January 2021 YoY +5.0% up 5.0% versus February 2020
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.
0.7
MoM −0 −23.6% down 0, 23.6% versus January 2021 YoY −47.4% down 47.4% versus February 2020
Trend
13 months to February 2021
Average price
| Month | Average price |
|---|---|
| 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 |
| Jan '21 | 1160059 |
| Feb '21 | 1212303 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Jan '21 | 637 |
| Feb '21 | 1127 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,127 | +490 +76.9% up 490, 76.9% versus January 2021 | $1,212,303 | +$52,244 +4.5% up $52,244, 4.5% versus January 2021 | $1,080,000 | 72.4% | 0.7 |
| Detached | 598 | +267 +80.7% up 267, 80.7% versus January 2021 | $1,539,817 | +$57 +0.0% up $57, 0.0% versus January 2021 | $1,378,000 | 71.6% | 0.7 |
| Semi-detached | 71 | +43 +153.6% up 43, 153.6% versus January 2021 | $978,757 | +$40,546 +4.3% up $40,546, 4.3% versus January 2021 | $965,000 | 71.7% | 0.5 |
| Att/row/townhouse | 239 | +150 +168.5% up 150, 168.5% versus January 2021 | $962,207 | +$23,483 +2.5% up $23,483, 2.5% versus January 2021 | $900,000 | 71.8% | 0.5 |
| Condo townhouse | 82 | +5 +6.5% up 5, 6.5% versus January 2021 | $763,483 | +$50,922 +7.1% up $50,922, 7.1% versus January 2021 | $719,000 | 73.2% | 0.7 |
| Condo apartment | 132 | +26 +24.5% up 26, 24.5% versus January 2021 | $591,261 | +$37,044 +6.7% up $37,044, 6.7% versus January 2021 | $545,000 | 79.0% | 0.9 |
| Link | 4 | −2 −33.3% down 2, 33.3% versus January 2021 | $1,264,750 | +$287,028 +29.4% up $287,028, 29.4% versus January 2021 | $1,092,500 | 50.0% | 1.0 |
| Co-op apartment | 1 | +1 up 1 versus January 2021 | $285,000 | +$285,000 up $285,000 versus January 2021 | $285,000 | 50.0% | 2.0 |
| Detached condo | 0 | no change no change versus January 2021 | $0 | no change no change versus January 2021 | — | 0.0% | — |
| Co-ownership apartment | 0 | no change no change versus January 2021 | $0 | no change no change versus January 2021 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 352.7 | $1,143,900 | +21.6% up 21.6% |
| Single-family detached | 364.1 | $1,342,900 | +25.5% up 25.5% |
| Single-family attached | 377.7 | $966,300 | +26.2% up 26.2% |
| Townhouse | 368.5 | $708,600 | +18.4% up 18.4% |
| Apartment | 287 | $584,700 | +10.8% up 10.8% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Burlington +8.7% up 8.7%
- Halton Hills +6.3% up 6.3%
- Oakville +4.2% up 4.2%
- Milton +2.3% up 2.3%
Bottom 5
- Milton +2.3% up 2.3%
- Oakville +4.2% up 4.2%
- Halton Hills +6.3% up 6.3%
- Burlington +8.7% up 8.7%
Sales, month-over-month
Top 5
- Milton +102.8% up 102.8%
- Oakville +71.4% up 71.4%
- Burlington +69.9% up 69.9%
- Halton Hills +58.0% up 58.0%
Bottom 5
- Halton Hills +58.0% up 58.0%
- Burlington +69.9% up 69.9%
- Oakville +71.4% up 71.4%
- Milton +102.8% up 102.8%
Halton Region
Oakville
Oakville, Halton Region
$1,456,537
+$59,075 +4.2% up $59,075, 4.2% versus January 2021
- Sales
- 449
- SP/LP
- 106%
- DOM
- 11
- SNLR
- 74.6%
Halton Hills
Halton Hills, Halton Region
$1,117,831
+$66,466 +6.3% up $66,466, 6.3% versus January 2021
- Sales
- 79
- SP/LP
- 108%
- DOM
- 9
- SNLR
- 68.1%
Burlington
Burlington, Halton Region
$1,058,560
+$84,767 +8.7% up $84,767, 8.7% versus January 2021
- Sales
- 311
- SP/LP
- 108%
- DOM
- 13
- SNLR
- 78.5%
Milton
Milton, Halton Region
$1,023,472
+$23,121 +2.3% up $23,121, 2.3% versus January 2021
- Sales
- 288
- SP/LP
- 109%
- DOM
- 7
- SNLR
- 65.0%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|