Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,245,062
MoM +$32,759 +2.7% up $32,759, 2.7% versus February 2021 YoY +33.4% up 33.4% versus March 2020
Source: TRREB MarketWatch, March 2021
4 areas
Halton Region
March 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.
$1,100,000
MoM +$20,000 +1.9% up $20,000, 1.9% versus February 2021 YoY +30.2% up 30.2% versus March 2020
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,170,500
MoM +$26,600 +2.3% up $26,600, 2.3% versus February 2021 YoY +22.2% up 22.2% versus March 2020
Sales — Firm transactions reported through the MLS® System during the month.
1,647
MoM +520 +46.1% up 520, 46.1% versus February 2021 YoY +101.1% up 101.1% versus March 2020
Dollar volume — Total value of all sales in the month.
$2.05B
MoM +$684,351,743 +50.1% up $684,351,743, 50.1% versus February 2021 YoY +168.2% up 168.2% versus March 2020
New listings — Properties newly listed during the month.
2,248
MoM +691 +44.4% up 691, 44.4% versus February 2021 YoY +54.4% up 54.4% versus March 2020
Active listings — Listings available at month end.
862
MoM +129 +17.6% up 129, 17.6% versus February 2021 YoY −25.8% down 25.8% versus March 2020
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
10
MoM no change no change versus February 2021 YoY −23.1% down 23.1% versus March 2020
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
11
MoM −2 days −15.4% down 2 days, 15.4% versus February 2021 YoY −35.3% down 35.3% versus March 2020
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
106%
MoM −1.0 pp −0.9% down 1.0 pp, 0.9% versus February 2021 YoY +5.0% up 5.0% versus March 2020
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
73.3%
MoM +0.9 pp +1.2% up 0.9 pp, 1.2% versus February 2021 YoY +30.2% up 30.2% versus March 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.
0.5
MoM −0 −19.5% down 0, 19.5% versus February 2021 YoY −63.1% down 63.1% versus March 2020
Trend
13 months to March 2021
Average price
| Month | Average price |
|---|---|
| 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 |
| Mar '21 | 1245062 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Mar '21 | 1647 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 1,647 | +520 +46.1% up 520, 46.1% versus February 2021 | $1,245,062 | +$32,759 +2.7% up $32,759, 2.7% versus February 2021 | $1,100,000 | 73.3% | 0.5 |
| Detached | 910 | +312 +52.2% up 312, 52.2% versus February 2021 | $1,551,804 | +$11,987 +0.8% up $11,987, 0.8% versus February 2021 | $1,373,501 | 72.9% | 0.5 |
| Semi-detached | 96 | +25 +35.2% up 25, 35.2% versus February 2021 | $981,546 | +$2,789 +0.3% up $2,789, 0.3% versus February 2021 | $977,000 | 70.6% | 0.4 |
| Att/row/townhouse | 301 | +62 +25.9% up 62, 25.9% versus February 2021 | $980,378 | +$18,171 +1.9% up $18,171, 1.9% versus February 2021 | $910,000 | 77.2% | 0.4 |
| Condo townhouse | 146 | +64 +78.0% up 64, 78.0% versus February 2021 | $742,348 | −$21,135 −2.8% down $21,135, 2.8% versus February 2021 | $705,000 | 70.9% | 0.6 |
| Condo apartment | 183 | +51 +38.6% up 51, 38.6% versus February 2021 | $706,959 | +$115,698 +19.6% up $115,698, 19.6% versus February 2021 | $581,000 | 72.9% | 0.8 |
| Link | 6 | +2 +50.0% up 2, 50.0% versus February 2021 | $1,088,333 | −$176,417 −13.9% down $176,417, 13.9% versus February 2021 | $1,095,000 | 60.0% | 0.8 |
| Co-op apartment | 2 | +1 +100.0% up 1, 100.0% versus February 2021 | $349,950 | +$64,950 +22.8% up $64,950, 22.8% versus February 2021 | $349,950 | 100.0% | 0.0 |
| Detached condo | 3 | +3 up 3 versus February 2021 | $1,389,333 | +$1,389,333 up $1,389,333 versus February 2021 | $1,400,000 | 75.0% | 0.3 |
| Co-ownership apartment | 0 | no change no change versus February 2021 | $0 | no change no change versus February 2021 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 360.9 | $1,170,500 | +22.2% up 22.2% |
| Single-family detached | 370.6 | $1,366,900 | +25.3% up 25.3% |
| Single-family attached | 382.7 | $979,100 | +25.6% up 25.6% |
| Townhouse | 387.6 | $745,300 | +22.6% up 22.6% |
| Apartment | 294 | $599,000 | +12.1% up 12.1% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Oakville +4.8% up 4.8%
- Burlington +3.9% up 3.9%
- Halton Hills +2.2% up 2.2%
- Milton +1.3% up 1.3%
Bottom 5
- Milton +1.3% up 1.3%
- Halton Hills +2.2% up 2.2%
- Burlington +3.9% up 3.9%
- Oakville +4.8% up 4.8%
Sales, month-over-month
Top 5
- Halton Hills +101.3% up 101.3%
- Milton +48.3% up 48.3%
- Burlington +45.7% up 45.7%
- Oakville +35.4% up 35.4%
Bottom 5
- Oakville +35.4% up 35.4%
- Burlington +45.7% up 45.7%
- Milton +48.3% up 48.3%
- Halton Hills +101.3% up 101.3%
Halton Region
Oakville
Oakville, Halton Region
$1,526,414
+$69,877 +4.8% up $69,877, 4.8% versus February 2021
- Sales
- 608
- SP/LP
- 105%
- DOM
- 12
- SNLR
- 71.6%
Halton Hills
Halton Hills, Halton Region
$1,142,512
+$24,681 +2.2% up $24,681, 2.2% versus February 2021
- Sales
- 159
- SP/LP
- 110%
- DOM
- 7
- SNLR
- 79.9%
Burlington
Burlington, Halton Region
$1,099,362
+$40,802 +3.9% up $40,802, 3.9% versus February 2021
- Sales
- 453
- SP/LP
- 108%
- DOM
- 9
- SNLR
- 72.3%
Milton
Milton, Halton Region
$1,037,207
+$13,735 +1.3% up $13,735, 1.3% versus February 2021
- Sales
- 427
- SP/LP
- 107%
- DOM
- 7
- SNLR
- 74.5%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|