Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,231,803
MoM +$24,500 +2.0% up $24,500, 2.0% versus August 2022 YoY −1.3% down 1.3% versus September 2021
Source: TRREB MarketWatch, September 2022
4 areas
Halton Region
September 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.
$1,060,000
MoM +$58,000 +5.8% up $58,000, 5.8% versus August 2022 YoY −7.3% down 7.3% versus September 2021
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,163,900
MoM +$27,900 +2.5% up $27,900, 2.5% versus August 2022 YoY +0.0% up 0.0% versus September 2021
Sales — Firm transactions reported through the MLS® System during the month.
557
MoM −32 −5.4% down 32, 5.4% versus August 2022 YoY −33.3% down 33.3% versus September 2021
Dollar volume — Total value of all sales in the month.
$686.1M
MoM −$24,987,289 −3.5% down $24,987,289, 3.5% versus August 2022 YoY −34.2% down 34.2% versus September 2021
New listings — Properties newly listed during the month.
1,204
MoM +160 +15.3% up 160, 15.3% versus August 2022 YoY +11.3% up 11.3% versus September 2021
Active listings — Listings available at month end.
1,401
MoM +67 +5.0% up 67, 5.0% versus August 2022 YoY +160.9% up 160.9% versus September 2021
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
24
MoM −1 day −4.0% down 1 day, 4.0% versus August 2022 YoY +118.2% up 118.2% versus September 2021
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
37
MoM no change no change versus August 2022 YoY +164.3% up 164.3% versus September 2021
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
96%
MoM no change no change versus August 2022 YoY −8.6% down 8.6% versus September 2021
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
46.3%
MoM −10.2 pp −18.0% down 10.2 pp, 18.0% versus August 2022 YoY −40.1% down 40.1% versus September 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.
2.5
MoM +0 +11.1% up 0, 11.1% versus August 2022 YoY +291.1% up 291.1% versus September 2021
Trend
13 months to September 2022
Average price
| Month | Average price |
|---|---|
| Sep '21 | 1247856 |
| Oct '21 | 1305714 |
| Nov '21 | 1356591 |
| Dec '21 | 1343098 |
| Jan '22 | 1484265 |
| Feb '22 | 1530224 |
| Mar '22 | 1515730 |
| Apr '22 | 1383948 |
| May '22 | 1313651 |
| Jun '22 | 1270053 |
| Jul '22 | 1253458 |
| Aug '22 | 1207303 |
| Sep '22 | 1231803 |
Sales
| Month | Sales |
|---|---|
| Sep '21 | 835 |
| Oct '21 | 850 |
| Nov '21 | 798 |
| Dec '21 | 490 |
| Jan '22 | 497 |
| Feb '22 | 886 |
| Mar '22 | 1135 |
| Apr '22 | 824 |
| May '22 | 826 |
| Jun '22 | 665 |
| Jul '22 | 510 |
| Aug '22 | 589 |
| Sep '22 | 557 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 557 | −32 −5.4% down 32, 5.4% versus August 2022 | $1,231,803 | +$24,500 +2.0% up $24,500, 2.0% versus August 2022 | $1,060,000 | 46.3% | 2.5 |
| Detached | 291 | −11 −3.6% down 11, 3.6% versus August 2022 | $1,571,185 | +$51,452 +3.4% up $51,452, 3.4% versus August 2022 | $1,350,000 | 41.9% | 2.8 |
| Semi-detached | 27 | −5 −15.6% down 5, 15.6% versus August 2022 | $1,061,547 | +$33,535 +3.3% up $33,535, 3.3% versus August 2022 | $1,020,000 | 69.2% | 0.9 |
| Att/row/townhouse | 87 | −12 −12.1% down 12, 12.1% versus August 2022 | $996,562 | −$3,506 −0.4% down $3,506, 0.4% versus August 2022 | $945,000 | 53.4% | 1.6 |
| Condo townhouse | 63 | +3 +5.0% up 3, 5.0% versus August 2022 | $832,041 | +$49,744 +6.4% up $49,744, 6.4% versus August 2022 | $755,000 | 54.3% | 2.0 |
| Condo apartment | 85 | no change no change versus August 2022 | $667,978 | −$82,931 −11.0% down $82,931, 11.0% versus August 2022 | $605,000 | 45.7% | 3.3 |
| Link | 2 | −4 −66.7% down 4, 66.7% versus August 2022 | $1,030,000 | +$88,350 +9.4% up $88,350, 9.4% versus August 2022 | $1,030,000 | 40.0% | 3.0 |
| Co-op apartment | 1 | −2 −66.7% down 2, 66.7% versus August 2022 | $420,000 | −$217,967 −34.2% down $217,967, 34.2% versus August 2022 | $420,000 | — | 0.0 |
| Detached condo | 1 | −1 −50.0% down 1, 50.0% versus August 2022 | $1,860,000 | +$905,000 +94.8% up $905,000, 94.8% versus August 2022 | $1,860,000 | 100.0% | 0.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 364.1 | $1,163,900 | +0.0% up 0.0% |
| Single-family detached | 382.1 | $1,473,600 | −0.8% down 0.8% |
| Single-family attached | 402.7 | $1,018,400 | +1.1% up 1.1% |
| Townhouse | 389.1 | $800,000 | +1.2% up 1.2% |
| Apartment | 372.2 | $634,900 | +5.5% up 5.5% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Milton +5.8% up 5.8%
- Burlington −1.0% down 1.0%
- Halton Hills −1.1% down 1.1%
- Oakville −3.3% down 3.3%
Bottom 5
- Oakville −3.3% down 3.3%
- Halton Hills −1.1% down 1.1%
- Burlington −1.0% down 1.0%
- Milton +5.8% up 5.8%
Sales, month-over-month
Top 5
- Oakville +14.4% up 14.4%
- Halton Hills +6.9% up 6.9%
- Burlington −13.7% down 13.7%
- Milton −20.3% down 20.3%
Bottom 5
- Milton −20.3% down 20.3%
- Burlington −13.7% down 13.7%
- Halton Hills +6.9% up 6.9%
- Oakville +14.4% up 14.4%
Halton Region
Oakville
Oakville, Halton Region
$1,534,810
−$52,809 −3.3% down $52,809, 3.3% versus August 2022
- Sales
- 191
- SP/LP
- 96%
- DOM
- 24
- SNLR
- 44.0%
Halton Hills
Halton Hills, Halton Region
$1,139,765
−$12,190 −1.1% down $12,190, 1.1% versus August 2022
- Sales
- 62
- SP/LP
- 96%
- DOM
- 27
- SNLR
- 44.0%
Milton
Milton, Halton Region
$1,060,886
+$58,372 +5.8% up $58,372, 5.8% versus August 2022
- Sales
- 122
- SP/LP
- 96%
- DOM
- 22
- SNLR
- 59.2%
Burlington
Burlington, Halton Region
$1,059,736
−$10,269 −1.0% down $10,269, 1.0% versus August 2022
- Sales
- 182
- SP/LP
- 96%
- DOM
- 24
- SNLR
- 43.0%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|