Source: TRREB MarketWatch, February 2022

4 areas

Halton Region

February 2022

Headline indicators

All home types

Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.

$1,530,224

MoM +$45,959 +3.1% YoY +26.2%

Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.

$1,400,000

MoM +$60,000 +4.5% YoY +29.6%

MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.

$1,510,500

MoM +$99,500 +7.1% YoY +35.9%

Sales — Firm transactions reported through the MLS® System during the month.

886

MoM +389 +78.3% YoY −21.4%

Dollar volume — Total value of all sales in the month.

$1.36B

MoM +$618,098,852 +83.8% YoY −0.8%

New listings — Properties newly listed during the month.

1,342

MoM +657 +95.9% YoY −13.8%

Active listings — Listings available at month end.

578

MoM +280 +94.0% YoY −21.1%

Avg. LDOM — Average days on market for the current listing. Not reported before 2020.

MoM −3 days −30.0% YoY −30.0%

Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.

MoM −4 days −33.3% YoY −38.5%

Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.

116%

MoM +4.0 pp +3.6% YoY +8.4%

SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.

66.0%

MoM −6.5 pp −9.0% YoY −8.8%

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 +8.8% YoY +0.3%

Trend

13 months to February 2022

Average price

Halton Region average selling price over the 13 months ending February 2022.
Month	Average price
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
Feb '22	1530224

Sales

Halton Region sales over the 13 months ending February 2022.
Month	Sales
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
Feb '22	886

By home type

Home type	Sales	MoM	Average	MoM	Median	SNLR	MOI
All home types	886	+389 +78.3% up 389, 78.3% versus January 2022	$1,530,224	+$45,959 +3.1% up $45,959, 3.1% versus January 2022	$1,400,000	66.0%	0.7
Detached	460	+216 +88.5% up 216, 88.5% versus January 2022	$1,938,011	−$4,713 −0.2% down $4,713, 0.2% versus January 2022	$1,720,000	64.5%	0.7
Semi-detached	43	+15 +53.6% up 15, 53.6% versus January 2022	$1,324,936	+$7,898 +0.6% up $7,898, 0.6% versus January 2022	$1,333,000	62.3%	0.7
Att/row/townhouse	167	+84 +101.2% up 84, 101.2% versus January 2022	$1,271,993	+$23,543 +1.9% up $23,543, 1.9% versus January 2022	$1,255,000	63.3%	0.6
Condo townhouse	84	+35 +71.4% up 35, 71.4% versus January 2022	$966,486	+$3,002 +0.3% up $3,002, 0.3% versus January 2022	$928,500	68.8%	0.6
Condo apartment	122	+34 +38.6% up 34, 38.6% versus January 2022	$811,136	+$18,475 +2.3% up $18,475, 2.3% versus January 2022	$767,500	74.4%	0.6
Link	8	+4 +100.0% up 4, 100.0% versus January 2022	$1,462,375	+$33,125 +2.3% up $33,125, 2.3% versus January 2022	$1,466,000	160.0%	0.0
Co-op apartment	0	−1 −100.0% down 1, 100.0% versus January 2022	$0	−$475,000 −100.0% down $475,000, 100.0% versus January 2022	—	0.0%	—
Detached condo	2	+2 up 2 versus January 2022	$1,528,075	+$1,528,075 up $1,528,075 versus January 2022	$1,528,075	66.7%	0.5
Co-ownership apartment	0	no change no change versus January 2022	$0	no change no change versus January 2022	—	—	—

MLS® Home Price Index

Category	Index	Benchmark	YoY
Composite	490.4	$1,510,500	+35.9% up 35.9%
Single-family detached	494.6	$1,804,900	+35.9% up 35.9%
Single-family attached	529.1	$1,339,200	+40.8% up 40.8%
Townhouse	494.9	$953,500	+31.6% up 31.6%
Apartment	411.4	$778,500	+27.8% up 27.8%

Movers within Halton Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

Milton +7.6% up 7.6%
Burlington +7.4% up 7.4%
Halton Hills −0.4% down 0.4%
Oakville −2.4% down 2.4%

Bottom 5

Oakville −2.4% down 2.4%
Halton Hills −0.4% down 0.4%
Burlington +7.4% up 7.4%
Milton +7.6% up 7.6%

Sales, month-over-month

Top 5

Oakville +88.3% up 88.3%
Halton Hills +84.0% up 84.0%
Milton +83.2% up 83.2%
Burlington +61.4% up 61.4%

Bottom 5

Burlington +61.4% up 61.4%
Milton +83.2% up 83.2%
Halton Hills +84.0% up 84.0%
Oakville +88.3% up 88.3%

Halton Region

Oakville

Oakville, Halton Region

$1,768,448

−$43,746 −2.4% down $43,746, 2.4% versus January 2022

Sales: 307
SP/LP: 113%
DOM: 7
SNLR: 61.0%

Full history →

Burlington

Burlington, Halton Region

$1,457,249

+$100,396 +7.4% up $100,396, 7.4% versus January 2022

Sales: 247
SP/LP: 117%
DOM: 7
SNLR: 66.6%

Full history →

Halton Hills

Halton Hills, Halton Region

$1,394,299

−$5,423 −0.4% down $5,423, 0.4% versus January 2022

Sales: 92
SP/LP: 119%
DOM: 8
SNLR: 80.0%

Full history →

Milton

Milton, Halton Region

$1,352,705

+$95,396 +7.6% up $95,396, 7.6% versus January 2022

Sales: 240
SP/LP: 119%
DOM: 6
SNLR: 68.0%

Full history →

All Halton Region areas

Home type

0 areas

Area	Sales	MoM	$ volume	Average	MoM	Median	New	Active	SP/LP	LDOM	PDOM	SNLR	MOI