Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,343,098
MoM −$13,493 −1.0% down $13,493, 1.0% versus November 2021 YoY +22.6% up 22.6% versus December 2020
Source: TRREB MarketWatch, December 2021
4 areas
Halton Region
December 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.
$1,210,000
MoM +$10,000 +0.8% up $10,000, 0.8% versus November 2021 YoY +30.8% up 30.8% versus December 2020
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,326,300
MoM +$19,700 +1.5% up $19,700, 1.5% versus November 2021 YoY +31.7% up 31.7% versus December 2020
Sales — Firm transactions reported through the MLS® System during the month.
490
MoM −308 −38.6% down 308, 38.6% versus November 2021 YoY −16.1% down 16.1% versus December 2020
Dollar volume — Total value of all sales in the month.
$658.1M
MoM −$424,441,834 −39.2% down $424,441,834, 39.2% versus November 2021 YoY +2.9% up 2.9% versus December 2020
New listings — Properties newly listed during the month.
439
MoM −376 −46.1% down 376, 46.1% versus November 2021 YoY −7.6% down 7.6% versus December 2020
Active listings — Listings available at month end.
191
MoM −155 −44.8% down 155, 44.8% versus November 2021 YoY −60.9% down 60.9% versus December 2020
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
11
MoM +1 day +10.0% up 1 day, 10.0% versus November 2021 YoY −47.6% down 47.6% versus December 2020
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
14
MoM +1 day +7.7% up 1 day, 7.7% versus November 2021 YoY −50.0% down 50.0% versus December 2020
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
109%
MoM +1.0 pp +0.9% up 1.0 pp, 0.9% versus November 2021 YoY +9.0% up 9.0% versus December 2020
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
111.6%
MoM +13.7 pp +14.0% up 13.7 pp, 14.0% versus November 2021 YoY −9.2% down 9.2% versus December 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 −10.1% down 0, 10.1% versus November 2021 YoY −53.4% down 53.4% versus December 2020
Trend
13 months to December 2021
Average price
| Month | Average price |
|---|---|
| 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 |
| Dec '21 | 1343098 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Dec '21 | 490 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 490 | −308 −38.6% down 308, 38.6% versus November 2021 | $1,343,098 | −$13,493 −1.0% down $13,493, 1.0% versus November 2021 | $1,210,000 | 111.6% | 0.4 |
| Detached | 230 | −181 −44.0% down 181, 44.0% versus November 2021 | $1,810,446 | +$44,231 +2.5% up $44,231, 2.5% versus November 2021 | $1,575,150 | 112.8% | 0.5 |
| Semi-detached | 23 | −15 −39.5% down 15, 39.5% versus November 2021 | $1,180,807 | +$41,316 +3.6% up $41,316, 3.6% versus November 2021 | $1,170,000 | 109.5% | 0.0 |
| Att/row/townhouse | 88 | −45 −33.8% down 45, 33.8% versus November 2021 | $1,128,518 | −$21,660 −1.9% down $21,660, 1.9% versus November 2021 | $1,111,750 | 110.0% | 0.1 |
| Condo townhouse | 63 | −17 −21.3% down 17, 21.3% versus November 2021 | $841,779 | +$41,949 +5.2% up $41,949, 5.2% versus November 2021 | $810,000 | 96.9% | 0.3 |
| Condo apartment | 81 | −48 −37.2% down 48, 37.2% versus November 2021 | $699,100 | +$10,611 +1.5% up $10,611, 1.5% versus November 2021 | $621,000 | 128.6% | 0.7 |
| Link | 5 | no change no change versus November 2021 | $1,117,600 | −$139,688 −11.1% down $139,688, 11.1% versus November 2021 | $1,105,000 | 125.0% | 0.0 |
| Co-op apartment | 0 | −1 −100.0% down 1, 100.0% versus November 2021 | $0 | −$425,000 −100.0% down $425,000, 100.0% versus November 2021 | — | 0.0% | — |
| Detached condo | 0 | −1 −100.0% down 1, 100.0% versus November 2021 | $0 | −$858,000 −100.0% down $858,000, 100.0% versus November 2021 | — | 0.0% | — |
| Co-ownership apartment | 0 | no change no change versus November 2021 | $0 | no change no change versus November 2021 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 430.6 | $1,326,300 | +31.7% up 31.7% |
| Single-family detached | 433.4 | $1,581,600 | +32.0% up 32.0% |
| Single-family attached | 461 | $1,166,800 | +36.4% up 36.4% |
| Townhouse | 428.5 | $825,600 | +29.3% up 29.3% |
| Apartment | 374.5 | $708,700 | +21.8% up 21.8% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Burlington +8.1% up 8.1%
- Milton +1.1% up 1.1%
- Oakville −3.3% down 3.3%
- Halton Hills −5.4% down 5.4%
Bottom 5
- Halton Hills −5.4% down 5.4%
- Oakville −3.3% down 3.3%
- Milton +1.1% up 1.1%
- Burlington +8.1% up 8.1%
Sales, month-over-month
Top 5
- Milton −32.1% down 32.1%
- Burlington −33.5% down 33.5%
- Halton Hills −37.3% down 37.3%
- Oakville −46.5% down 46.5%
Bottom 5
- Oakville −46.5% down 46.5%
- Halton Hills −37.3% down 37.3%
- Burlington −33.5% down 33.5%
- Milton −32.1% down 32.1%
Halton Region
Oakville
Oakville, Halton Region
$1,546,037
−$53,328 −3.3% down $53,328, 3.3% versus November 2021
- Sales
- 168
- SP/LP
- 108%
- DOM
- 13
- SNLR
- 111.3%
Halton Hills
Halton Hills, Halton Region
$1,271,087
−$72,068 −5.4% down $72,068, 5.4% versus November 2021
- Sales
- 42
- SP/LP
- 108%
- DOM
- 9
- SNLR
- 91.3%
Burlington
Burlington, Halton Region
$1,243,787
+$93,238 +8.1% up $93,238, 8.1% versus November 2021
- Sales
- 149
- SP/LP
- 110%
- DOM
- 12
- SNLR
- 120.2%
Milton
Milton, Halton Region
$1,218,883
+$13,471 +1.1% up $13,471, 1.1% versus November 2021
- Sales
- 131
- SP/LP
- 111%
- DOM
- 7
- SNLR
- 111.0%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|