Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,199,254
MoM −$45,892 −3.7% down $45,892, 3.7% versus September 2023 YoY −2.0% down 2.0% versus October 2022
Source: TRREB MarketWatch, October 2023
4 areas
Halton Region
October 2023
Headline indicators
All home types
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$1,100,000
MoM −$25,000 −2.2% down $25,000, 2.2% versus September 2023 YoY +1.3% up 1.3% versus October 2022
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,124,500
MoM −$39,600 −3.4% down $39,600, 3.4% versus September 2023 YoY +0.0% up 0.0% versus October 2022
Sales — Firm transactions reported through the MLS® System during the month.
425
MoM −52 −10.9% down 52, 10.9% versus September 2023 YoY −10.7% down 10.7% versus October 2022
Dollar volume — Total value of all sales in the month.
$509.7M
MoM −$84,251,741 −14.2% down $84,251,741, 14.2% versus September 2023 YoY −12.5% down 12.5% versus October 2022
New listings — Properties newly listed during the month.
1,341
MoM −269 −16.7% down 269, 16.7% versus September 2023 YoY +30.6% up 30.6% versus October 2022
Active listings — Listings available at month end.
1,933
MoM +65 +3.5% up 65, 3.5% versus September 2023 YoY +40.7% up 40.7% versus October 2022
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
24
MoM +3 days +14.3% up 3 days, 14.3% versus September 2023 YoY no change no change versus October 2022
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
36
MoM +7 days +24.1% up 7 days, 24.1% versus September 2023 YoY −2.7% down 2.7% versus October 2022
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
98%
MoM no change no change versus September 2023 YoY +2.1% up 2.1% versus October 2022
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
31.7%
MoM +2.1 pp +7.0% up 2.1 pp, 7.0% versus September 2023 YoY −31.6% down 31.6% versus October 2022
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.
4.5
MoM +1 +16.1% up 1, 16.1% versus September 2023 YoY +57.6% up 57.6% versus October 2022
Trend
13 months to October 2023
Average price
| Month | Average price |
|---|---|
| Oct '22 | 1223189 |
| Nov '22 | 1156315 |
| Dec '22 | 1188341 |
| Jan '23 | 1122501 |
| Feb '23 | 1222095 |
| Mar '23 | 1267636 |
| Apr '23 | 1289479 |
| May '23 | 1273198 |
| Jun '23 | 1294251 |
| Jul '23 | 1255713 |
| Aug '23 | 1230389 |
| Sep '23 | 1245146 |
| Oct '23 | 1199254 |
Sales
| Month | Sales |
|---|---|
| Oct '22 | 476 |
| Nov '22 | 431 |
| Dec '22 | 305 |
| Jan '23 | 350 |
| Feb '23 | 525 |
| Mar '23 | 731 |
| Apr '23 | 817 |
| May '23 | 954 |
| Jun '23 | 787 |
| Jul '23 | 565 |
| Aug '23 | 554 |
| Sep '23 | 477 |
| Oct '23 | 425 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 425 | −52 −10.9% down 52, 10.9% versus September 2023 | $1,199,254 | −$45,892 −3.7% down $45,892, 3.7% versus September 2023 | $1,100,000 | 31.7% | 4.5 |
| Detached | 214 | −37 −14.7% down 37, 14.7% versus September 2023 | $1,523,458 | −$51,077 −3.2% down $51,077, 3.2% versus September 2023 | $1,377,500 | 28.8% | 5.1 |
| Semi-detached | 22 | −10 −31.3% down 10, 31.3% versus September 2023 | $995,813 | −$21,371 −2.1% down $21,371, 2.1% versus September 2023 | $990,000 | 33.3% | 3.0 |
| Att/row/townhouse | 69 | −3 −4.2% down 3, 4.2% versus September 2023 | $1,025,633 | −$29,349 −2.8% down $29,349, 2.8% versus September 2023 | $965,000 | 40.6% | 3.2 |
| Condo townhouse | 43 | +10 +30.3% up 10, 30.3% versus September 2023 | $820,686 | −$38,587 −4.5% down $38,587, 4.5% versus September 2023 | $750,000 | 46.7% | 3.0 |
| Condo apartment | 74 | −10 −11.9% down 10, 11.9% versus September 2023 | $703,875 | +$28,165 +4.2% up $28,165, 4.2% versus September 2023 | $609,159 | 29.0% | 5.5 |
| Link | 3 | +1 +50.0% up 1, 50.0% versus September 2023 | $1,203,333 | +$138,333 +13.0% up $138,333, 13.0% versus September 2023 | $1,200,000 | 33.3% | 3.7 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 335.8 | $1,124,500 | +0.0% up 0.0% |
| Single-family detached | 361.5 | $1,440,000 | +1.0% up 1.0% |
| Single-family attached | 377.7 | $987,200 | +1.0% up 1.0% |
| Townhouse | 415.8 | $809,600 | +0.9% up 0.9% |
| Apartment | 345.2 | $641,100 | +2.3% up 2.3% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Burlington +8.7% up 8.7%
- Halton Hills +5.8% up 5.8%
- Milton −1.7% down 1.7%
- Oakville −10.0% down 10.0%
Bottom 5
- Oakville −10.0% down 10.0%
- Milton −1.7% down 1.7%
- Halton Hills +5.8% up 5.8%
- Burlington +8.7% up 8.7%
Sales, month-over-month
Top 5
- Milton +6.0% up 6.0%
- Burlington −7.4% down 7.4%
- Halton Hills −10.6% down 10.6%
- Oakville −23.1% down 23.1%
Bottom 5
- Oakville −23.1% down 23.1%
- Halton Hills −10.6% down 10.6%
- Burlington −7.4% down 7.4%
- Milton +6.0% up 6.0%
Halton Region
Oakville
Oakville, Halton Region
$1,395,752
−$155,437 −10.0% down $155,437, 10.0% versus September 2023
- Sales
- 140
- SP/LP
- 98%
- DOM
- 23
- SNLR
- 29.0%
Halton Hills
Halton Hills, Halton Region
$1,146,331
+$62,622 +5.8% up $62,622, 5.8% versus September 2023
- Sales
- 42
- SP/LP
- 97%
- DOM
- 24
- SNLR
- 29.8%
Burlington
Burlington, Halton Region
$1,140,816
+$91,454 +8.7% up $91,454, 8.7% versus September 2023
- Sales
- 137
- SP/LP
- 97%
- DOM
- 26
- SNLR
- 32.7%
Milton
Milton, Halton Region
$1,036,226
−$17,557 −1.7% down $17,557, 1.7% versus September 2023
- Sales
- 106
- SP/LP
- 98%
- DOM
- 23
- SNLR
- 35.6%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|