Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,356,591
MoM +$50,877 +3.9% up $50,877, 3.9% versus October 2021 YoY +27.0% up 27.0% versus November 2020
Source: TRREB MarketWatch, November 2021
4 areas
Halton Region
November 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.
$1,200,000
MoM +$38,100 +3.3% up $38,100, 3.3% versus October 2021 YoY +29.9% up 29.9% versus November 2020
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,306,600
MoM +$41,600 +3.3% up $41,600, 3.3% versus October 2021 YoY +33.7% up 33.7% versus November 2020
Sales — Firm transactions reported through the MLS® System during the month.
798
MoM −52 −6.1% down 52, 6.1% versus October 2021 YoY −5.1% down 5.1% versus November 2020
Dollar volume — Total value of all sales in the month.
$1.08B
MoM −$27,297,544 −2.5% down $27,297,544, 2.5% versus October 2021 YoY +20.5% up 20.5% versus November 2020
New listings — Properties newly listed during the month.
815
MoM −128 −13.6% down 128, 13.6% versus October 2021 YoY −10.6% down 10.6% versus November 2020
Active listings — Listings available at month end.
346
MoM −122 −26.1% down 122, 26.1% versus October 2021 YoY −59.6% down 59.6% versus November 2020
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
10
MoM no change no change versus October 2021 YoY −44.4% down 44.4% versus November 2020
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
13
MoM +1 day +8.3% up 1 day, 8.3% versus October 2021 YoY −48.0% down 48.0% versus November 2020
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
108%
MoM +1.0 pp +0.9% up 1.0 pp, 0.9% versus October 2021 YoY +8.0% up 8.0% versus November 2020
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
97.9%
MoM +7.8 pp +8.6% up 7.8 pp, 8.6% versus October 2021 YoY +6.2% up 6.2% versus November 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.
0.4
MoM −0 −21.3% down 0, 21.3% versus October 2021 YoY −57.4% down 57.4% versus November 2020
Trend
13 months to November 2021
Average price
| Month | Average price |
|---|---|
| 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 |
| Oct '21 | 1305714 |
| Nov '21 | 1356591 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Oct '21 | 850 |
| Nov '21 | 798 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 798 | −52 −6.1% down 52, 6.1% versus October 2021 | $1,356,591 | +$50,877 +3.9% up $50,877, 3.9% versus October 2021 | $1,200,000 | 97.9% | 0.4 |
| Detached | 411 | −37 −8.3% down 37, 8.3% versus October 2021 | $1,766,215 | +$112,970 +6.8% up $112,970, 6.8% versus October 2021 | $1,500,000 | 98.8% | 0.5 |
| Semi-detached | 38 | −8 −17.4% down 8, 17.4% versus October 2021 | $1,139,491 | +$40,393 +3.7% up $40,393, 3.7% versus October 2021 | $1,140,500 | 108.6% | 0.2 |
| Att/row/townhouse | 133 | −21 −13.6% down 21, 13.6% versus October 2021 | $1,150,178 | +$77,243 +7.2% up $77,243, 7.2% versus October 2021 | $1,075,000 | 95.7% | 0.2 |
| Condo townhouse | 80 | +9 +12.7% up 9, 12.7% versus October 2021 | $799,830 | −$42,898 −5.1% down $42,898, 5.1% versus October 2021 | $760,250 | 101.3% | 0.3 |
| Condo apartment | 129 | +4 +3.2% up 4, 3.2% versus October 2021 | $688,489 | −$11,490 −1.6% down $11,490, 1.6% versus October 2021 | $645,000 | 92.1% | 0.7 |
| Link | 5 | +1 +25.0% up 1, 25.0% versus October 2021 | $1,257,288 | +$148,563 +13.4% up $148,563, 13.4% versus October 2021 | $1,366,000 | 100.0% | 0.2 |
| Co-op apartment | 1 | no change no change versus October 2021 | $425,000 | +$55,000 +14.9% up $55,000, 14.9% versus October 2021 | $425,000 | — | 0.0 |
| Detached condo | 1 | no change no change versus October 2021 | $858,000 | −$419,000 −32.8% down $419,000, 32.8% versus October 2021 | $858,000 | 100.0% | 0.0 |
| Co-ownership apartment | 0 | no change no change versus October 2021 | $0 | no change no change versus October 2021 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 424.2 | $1,306,600 | +33.7% up 33.7% |
| Single-family detached | 427.7 | $1,560,800 | +35.2% up 35.2% |
| Single-family attached | 457.2 | $1,157,200 | +39.3% up 39.3% |
| Townhouse | 416.6 | $802,700 | +27.9% up 27.9% |
| Apartment | 367.2 | $694,900 | +21.2% up 21.2% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Oakville +5.7% up 5.7%
- Halton Hills +3.9% up 3.9%
- Milton +3.2% up 3.2%
- Burlington +0.2% up 0.2%
Bottom 5
- Burlington +0.2% up 0.2%
- Milton +3.2% up 3.2%
- Halton Hills +3.9% up 3.9%
- Oakville +5.7% up 5.7%
Sales, month-over-month
Top 5
- Milton +0.5% up 0.5%
- Oakville −0.3% down 0.3%
- Burlington −5.9% down 5.9%
- Halton Hills −36.2% down 36.2%
Bottom 5
- Halton Hills −36.2% down 36.2%
- Burlington −5.9% down 5.9%
- Oakville −0.3% down 0.3%
- Milton +0.5% up 0.5%
Halton Region
Oakville
Oakville, Halton Region
$1,599,365
+$86,731 +5.7% up $86,731, 5.7% versus October 2021
- Sales
- 314
- SP/LP
- 106%
- DOM
- 11
- SNLR
- 100.3%
Halton Hills
Halton Hills, Halton Region
$1,343,155
+$49,809 +3.9% up $49,809, 3.9% versus October 2021
- Sales
- 67
- SP/LP
- 109%
- DOM
- 11
- SNLR
- 94.4%
Milton
Milton, Halton Region
$1,205,412
+$37,264 +3.2% up $37,264, 3.2% versus October 2021
- Sales
- 193
- SP/LP
- 110%
- DOM
- 8
- SNLR
- 100.0%
Burlington
Burlington, Halton Region
$1,150,549
+$2,264 +0.2% up $2,264, 0.2% versus October 2021
- Sales
- 224
- SP/LP
- 109%
- DOM
- 10
- SNLR
- 94.1%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|