Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,171,937
MoM −$50,326 −4.1% down $50,326, 4.1% versus June 2021 YoY +18.2% up 18.2% versus July 2020
Source: TRREB MarketWatch, July 2021
4 areas
Halton Region
July 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.
$1,035,000
MoM −$41,350 −3.8% down $41,350, 3.8% versus June 2021 YoY +20.0% up 20.0% versus July 2020
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,142,700
MoM +$5,800 +0.5% up $5,800, 0.5% versus June 2021 YoY +23.0% up 23.0% versus July 2020
Sales — Firm transactions reported through the MLS® System during the month.
925
MoM −171 −15.6% down 171, 15.6% versus June 2021 YoY −22.8% down 22.8% versus July 2020
Dollar volume — Total value of all sales in the month.
$1.08B
MoM −$255,558,671 −19.1% down $255,558,671, 19.1% versus June 2021 YoY −8.7% down 8.7% versus July 2020
New listings — Properties newly listed during the month.
1,073
MoM −377 −26.0% down 377, 26.0% versus June 2021 YoY −33.7% down 33.7% versus July 2020
Active listings — Listings available at month end.
635
MoM −177 −21.8% down 177, 21.8% versus June 2021 YoY −51.1% down 51.1% versus July 2020
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
12
MoM no change no change versus June 2021 YoY −33.3% down 33.3% versus July 2020
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
16
MoM no change no change versus June 2021 YoY −38.5% down 38.5% versus July 2020
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
103%
MoM −1.0 pp −1.0% down 1.0 pp, 1.0% versus June 2021 YoY +4.0% up 4.0% versus July 2020
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
86.2%
MoM +10.6 pp +14.1% up 10.6 pp, 14.1% versus June 2021 YoY +16.5% up 16.5% versus July 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 −7.3% down 0, 7.3% versus June 2021 YoY −36.7% down 36.7% versus July 2020
Trend
13 months to July 2021
Average price
| Month | Average price |
|---|---|
| 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 |
| Apr '21 | 1208601 |
| May '21 | 1193780 |
| Jun '21 | 1222263 |
| Jul '21 | 1171937 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Apr '21 | 1403 |
| May '21 | 1197 |
| Jun '21 | 1096 |
| Jul '21 | 925 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 925 | −171 −15.6% down 171, 15.6% versus June 2021 | $1,171,937 | −$50,326 −4.1% down $50,326, 4.1% versus June 2021 | $1,035,000 | 86.2% | 0.7 |
| Detached | 472 | −107 −18.5% down 107, 18.5% versus June 2021 | $1,517,449 | −$47,136 −3.0% down $47,136, 3.0% versus June 2021 | $1,312,500 | 86.3% | 0.7 |
| Semi-detached | 65 | −6 −8.5% down 6, 8.5% versus June 2021 | $987,002 | +$17,360 +1.8% up $17,360, 1.8% versus June 2021 | $965,000 | 106.6% | 0.3 |
| Att/row/townhouse | 154 | −30 −16.3% down 30, 16.3% versus June 2021 | $936,105 | −$4,373 −0.5% down $4,373, 0.5% versus June 2021 | $917,500 | 93.3% | 0.4 |
| Condo townhouse | 94 | −16 −14.5% down 16, 14.5% versus June 2021 | $736,161 | −$38,515 −5.0% down $38,515, 5.0% versus June 2021 | $710,500 | 86.2% | 0.6 |
| Condo apartment | 125 | −14 −10.1% down 14, 10.1% versus June 2021 | $602,195 | −$82,766 −12.1% down $82,766, 12.1% versus June 2021 | $588,000 | 71.8% | 1.1 |
| Link | 12 | +3 +33.3% up 3, 33.3% versus June 2021 | $1,052,635 | +$18,107 +1.8% up $18,107, 1.8% versus June 2021 | $1,024,000 | 100.0% | 0.3 |
| Co-op apartment | 1 | −3 −75.0% down 3, 75.0% versus June 2021 | $550,000 | +$30,525 +5.9% up $30,525, 5.9% versus June 2021 | $550,000 | 25.0% | 3.0 |
| Detached condo | 2 | +2 up 2 versus June 2021 | $917,500 | +$917,500 up $917,500 versus June 2021 | $917,500 | 200.0% | 0.0 |
| Co-ownership apartment | 0 | no change no change versus June 2021 | $0 | no change no change versus June 2021 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 371 | $1,142,700 | +23.0% up 23.0% |
| Single-family detached | 369.1 | $1,346,900 | +23.7% up 23.7% |
| Single-family attached | 384.2 | $972,400 | +25.3% up 25.3% |
| Townhouse | 373.1 | $718,900 | +19.1% up 19.1% |
| Apartment | 347.7 | $658,000 | +15.5% up 15.5% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Oakville −1.5% down 1.5%
- Milton −1.8% down 1.8%
- Halton Hills −6.1% down 6.1%
- Burlington −8.8% down 8.8%
Bottom 5
- Burlington −8.8% down 8.8%
- Halton Hills −6.1% down 6.1%
- Milton −1.8% down 1.8%
- Oakville −1.5% down 1.5%
Sales, month-over-month
Top 5
- Milton −11.8% down 11.8%
- Halton Hills −12.3% down 12.3%
- Oakville −16.3% down 16.3%
- Burlington −19.1% down 19.1%
Bottom 5
- Burlington −19.1% down 19.1%
- Oakville −16.3% down 16.3%
- Halton Hills −12.3% down 12.3%
- Milton −11.8% down 11.8%
Halton Region
Oakville
Oakville, Halton Region
$1,416,779
−$21,207 −1.5% down $21,207, 1.5% versus June 2021
- Sales
- 323
- SP/LP
- 101%
- DOM
- 14
- SNLR
- 85.2%
Halton Hills
Halton Hills, Halton Region
$1,079,798
−$70,471 −6.1% down $70,471, 6.1% versus June 2021
- Sales
- 93
- SP/LP
- 107%
- DOM
- 11
- SNLR
- 83.8%
Burlington
Burlington, Halton Region
$1,048,942
−$101,047 −8.8% down $101,047, 8.8% versus June 2021
- Sales
- 263
- SP/LP
- 104%
- DOM
- 13
- SNLR
- 80.7%
Milton
Milton, Halton Region
$1,016,783
−$18,566 −1.8% down $18,566, 1.8% versus June 2021
- Sales
- 246
- SP/LP
- 103%
- DOM
- 11
- SNLR
- 95.7%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|