Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,247,856
MoM +$41,840 +3.5% up $41,840, 3.5% versus August 2021 YoY +14.7% up 14.7% versus September 2020
Source: TRREB MarketWatch, September 2021
4 areas
Halton Region
September 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.
$1,143,000
MoM +$72,000 +6.7% up $72,000, 6.7% versus August 2021 YoY +22.9% up 22.9% versus September 2020
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,194,800
MoM +$45,900 +4.0% up $45,900, 4.0% versus August 2021 YoY +24.1% up 24.1% versus September 2020
Sales — Firm transactions reported through the MLS® System during the month.
835
MoM +19 +2.3% up 19, 2.3% versus August 2021 YoY −28.3% down 28.3% versus September 2020
Dollar volume — Total value of all sales in the month.
$1.04B
MoM +$57,850,772 +5.9% up $57,850,772, 5.9% versus August 2021 YoY −17.7% down 17.7% versus September 2020
New listings — Properties newly listed during the month.
1,082
MoM +208 +23.8% up 208, 23.8% versus August 2021 YoY −33.7% down 33.7% versus September 2020
Active listings — Listings available at month end.
537
MoM +67 +14.3% up 67, 14.3% versus August 2021 YoY −58.0% down 58.0% versus September 2020
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
11
MoM −3 days −21.4% down 3 days, 21.4% versus August 2021 YoY −38.9% down 38.9% versus September 2020
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
14
MoM −3 days −17.6% down 3 days, 17.6% versus August 2021 YoY −39.1% down 39.1% versus September 2020
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
105%
MoM +2.0 pp +1.9% up 2.0 pp, 1.9% versus August 2021 YoY +5.0% up 5.0% versus September 2020
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
77.2%
MoM −16.2 pp −17.3% down 16.2 pp, 17.3% versus August 2021 YoY +8.1% up 8.1% versus September 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.
0.6
MoM +0 +11.7% up 0, 11.7% versus August 2021 YoY −41.5% down 41.5% versus September 2020
Trend
13 months to September 2021
Average price
| Month | Average price |
|---|---|
| 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 |
| Aug '21 | 1206016 |
| Sep '21 | 1247856 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Aug '21 | 816 |
| Sep '21 | 835 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 835 | +19 +2.3% up 19, 2.3% versus August 2021 | $1,247,856 | +$41,840 +3.5% up $41,840, 3.5% versus August 2021 | $1,143,000 | 77.2% | 0.6 |
| Detached | 423 | +11 +2.7% up 11, 2.7% versus August 2021 | $1,591,454 | +$40,246 +2.6% up $40,246, 2.6% versus August 2021 | $1,443,000 | 71.7% | 0.8 |
| Semi-detached | 53 | −1 −1.9% down 1, 1.9% versus August 2021 | $1,059,620 | +$84,202 +8.6% up $84,202, 8.6% versus August 2021 | $1,077,500 | 85.5% | 0.3 |
| Att/row/townhouse | 129 | −21 −14.0% down 21, 14.0% versus August 2021 | $1,035,260 | +$60,292 +6.2% up $60,292, 6.2% versus August 2021 | $975,000 | 82.2% | 0.4 |
| Condo townhouse | 78 | −5 −6.0% down 5, 6.0% versus August 2021 | $811,453 | +$44,547 +5.8% up $44,547, 5.8% versus August 2021 | $761,000 | 84.8% | 0.5 |
| Condo apartment | 145 | +34 +30.6% up 34, 30.6% versus August 2021 | $747,044 | +$48,383 +6.9% up $48,383, 6.9% versus August 2021 | $625,000 | 82.9% | 0.7 |
| Link | 6 | +2 +50.0% up 2, 50.0% versus August 2021 | $1,060,433 | +$103,683 +10.8% up $103,683, 10.8% versus August 2021 | $1,020,000 | 120.0% | 0.2 |
| Co-op apartment | 0 | −2 −100.0% down 2, 100.0% versus August 2021 | $0 | −$530,950 −100.0% down $530,950, 100.0% versus August 2021 | — | — | — |
| Detached condo | 1 | +1 up 1 versus August 2021 | $1,089,000 | +$1,089,000 up $1,089,000 versus August 2021 | $1,089,000 | 100.0% | 0.0 |
| Co-ownership apartment | 0 | no change no change versus August 2021 | $0 | no change no change versus August 2021 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 387.9 | $1,194,800 | +24.1% up 24.1% |
| Single-family detached | 388.1 | $1,416,200 | +24.1% up 24.1% |
| Single-family attached | 403.5 | $1,021,300 | +26.6% up 26.6% |
| Townhouse | 390.4 | $752,200 | +22.0% up 22.0% |
| Apartment | 353.3 | $668,600 | +17.4% up 17.4% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Halton Hills +8.1% up 8.1%
- Milton +6.3% up 6.3%
- Burlington +3.3% up 3.3%
- Oakville −0.0% down 0.0%
Bottom 5
- Oakville −0.0% down 0.0%
- Burlington +3.3% up 3.3%
- Milton +6.3% up 6.3%
- Halton Hills +8.1% up 8.1%
Sales, month-over-month
Top 5
- Burlington +13.9% up 13.9%
- Oakville +8.3% up 8.3%
- Halton Hills no change no change
- Milton −17.9% down 17.9%
Bottom 5
- Milton −17.9% down 17.9%
- Halton Hills no change no change
- Oakville +8.3% up 8.3%
- Burlington +13.9% up 13.9%
Halton Region
Oakville
Oakville, Halton Region
$1,488,753
−$545 −0.0% down $545, 0.0% versus August 2021
- Sales
- 301
- SP/LP
- 104%
- DOM
- 12
- SNLR
- 74.0%
Halton Hills
Halton Hills, Halton Region
$1,172,851
+$88,174 +8.1% up $88,174, 8.1% versus August 2021
- Sales
- 81
- SP/LP
- 107%
- DOM
- 10
- SNLR
- 69.2%
Milton
Milton, Halton Region
$1,128,493
+$66,774 +6.3% up $66,774, 6.3% versus August 2021
- Sales
- 174
- SP/LP
- 107%
- DOM
- 9
- SNLR
- 72.5%
Burlington
Burlington, Halton Region
$1,084,181
+$34,626 +3.3% up $34,626, 3.3% versus August 2021
- Sales
- 279
- SP/LP
- 105%
- DOM
- 11
- SNLR
- 87.7%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|