Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,484,265
MoM +$141,167 +10.5% up $141,167, 10.5% versus December 2021 YoY +27.9% up 27.9% versus January 2021
Source: TRREB MarketWatch, January 2022
4 areas
Halton Region
January 2022
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$1,340,000
MoM +$130,000 +10.7% up $130,000, 10.7% versus December 2021 YoY +33.3% up 33.3% versus January 2021
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,411,000
MoM +$84,700 +6.4% up $84,700, 6.4% versus December 2021 YoY +32.4% up 32.4% versus January 2021
Sales — Firm transactions reported through the MLS® System during the month.
497
MoM +7 +1.4% up 7, 1.4% versus December 2021 YoY −22.0% down 22.0% versus January 2021
Dollar volume — Total value of all sales in the month.
$737.7M
MoM +$79,562,012 +12.1% up $79,562,012, 12.1% versus December 2021 YoY −0.2% down 0.2% versus January 2021
New listings — Properties newly listed during the month.
685
MoM +246 +56.0% up 246, 56.0% versus December 2021 YoY −19.9% down 19.9% versus January 2021
Active listings — Listings available at month end.
298
MoM +107 +56.0% up 107, 56.0% versus December 2021 YoY −45.0% down 45.0% versus January 2021
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
10
MoM −1 day −9.1% down 1 day, 9.1% versus December 2021 YoY −47.4% down 47.4% versus January 2021
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
12
MoM −2 days −14.3% down 2 days, 14.3% versus December 2021 YoY −53.8% down 53.8% versus January 2021
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
112%
MoM +3.0 pp +2.8% up 3.0 pp, 2.8% versus December 2021 YoY +8.7% up 8.7% versus January 2021
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
72.5%
MoM −39.1 pp −35.0% down 39.1 pp, 35.0% versus December 2021 YoY −2.6% down 2.6% versus January 2021
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 +53.8% up 0, 53.8% versus December 2021 YoY −29.5% down 29.5% versus January 2021
Trend
13 months to January 2022
Average price
| Month | Average price |
|---|---|
| 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 |
| Jan '22 | 1484265 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Jan '22 | 497 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 497 | +7 +1.4% up 7, 1.4% versus December 2021 | $1,484,265 | +$141,167 +10.5% up $141,167, 10.5% versus December 2021 | $1,340,000 | 72.5% | 0.6 |
| Detached | 244 | +14 +6.1% up 14, 6.1% versus December 2021 | $1,942,724 | +$132,278 +7.3% up $132,278, 7.3% versus December 2021 | $1,720,800 | 68.7% | 0.7 |
| Semi-detached | 28 | +5 +21.7% up 5, 21.7% versus December 2021 | $1,317,038 | +$136,231 +11.5% up $136,231, 11.5% versus December 2021 | $1,308,500 | 68.3% | 0.4 |
| Att/row/townhouse | 83 | −5 −5.7% down 5, 5.7% versus December 2021 | $1,248,450 | +$119,932 +10.6% up $119,932, 10.6% versus December 2021 | $1,220,000 | 70.9% | 0.4 |
| Condo townhouse | 49 | −14 −22.2% down 14, 22.2% versus December 2021 | $963,484 | +$121,705 +14.5% up $121,705, 14.5% versus December 2021 | $883,000 | 76.6% | 0.4 |
| Condo apartment | 88 | +7 +8.6% up 7, 8.6% versus December 2021 | $792,661 | +$93,561 +13.4% up $93,561, 13.4% versus December 2021 | $690,000 | 88.9% | 0.6 |
| Link | 4 | −1 −20.0% down 1, 20.0% versus December 2021 | $1,429,250 | +$311,650 +27.9% up $311,650, 27.9% versus December 2021 | $1,402,500 | 50.0% | 1.0 |
| Co-op apartment | 1 | +1 up 1 versus December 2021 | $475,000 | +$475,000 up $475,000 versus December 2021 | $475,000 | — | 0.0 |
| Detached condo | 0 | no change no change versus December 2021 | $0 | no change no change versus December 2021 | — | 0.0% | — |
| Co-ownership apartment | 0 | no change no change versus December 2021 | $0 | no change no change versus December 2021 | — | — | — |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 458.1 | $1,411,000 | +32.4% up 32.4% |
| Single-family detached | 464.3 | $1,694,300 | +32.5% up 32.5% |
| Single-family attached | 489.7 | $1,239,400 | +35.0% up 35.0% |
| Townhouse | 459.6 | $885,500 | +31.2% up 31.2% |
| Apartment | 383.4 | $725,500 | +23.8% up 23.8% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Oakville +17.2% up 17.2%
- Halton Hills +10.1% up 10.1%
- Burlington +9.1% up 9.1%
- Milton +3.2% up 3.2%
Bottom 5
- Milton +3.2% up 3.2%
- Burlington +9.1% up 9.1%
- Halton Hills +10.1% up 10.1%
- Oakville +17.2% up 17.2%
Sales, month-over-month
Top 5
- Halton Hills +19.0% up 19.0%
- Burlington +2.7% up 2.7%
- Milton no change no change
- Oakville −3.0% down 3.0%
Bottom 5
- Oakville −3.0% down 3.0%
- Milton no change no change
- Burlington +2.7% up 2.7%
- Halton Hills +19.0% up 19.0%
Halton Region
Oakville
Oakville, Halton Region
$1,812,194
+$266,157 +17.2% up $266,157, 17.2% versus December 2021
- Sales
- 163
- SP/LP
- 109%
- DOM
- 12
- SNLR
- 67.9%
Halton Hills
Halton Hills, Halton Region
$1,399,722
+$128,635 +10.1% up $128,635, 10.1% versus December 2021
- Sales
- 50
- SP/LP
- 113%
- DOM
- 10
- SNLR
- 73.5%
Burlington
Burlington, Halton Region
$1,356,853
+$113,066 +9.1% up $113,066, 9.1% versus December 2021
- Sales
- 153
- SP/LP
- 114%
- DOM
- 11
- SNLR
- 80.1%
Milton
Milton, Halton Region
$1,257,309
+$38,426 +3.2% up $38,426, 3.2% versus December 2021
- Sales
- 131
- SP/LP
- 117%
- DOM
- 7
- SNLR
- 70.4%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|