Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,208,950
MoM +$9,696 +0.8% up $9,696, 0.8% versus October 2023 YoY +4.6% up 4.6% versus November 2022
Source: TRREB MarketWatch, November 2023
4 areas
Halton Region
November 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.
$1,015,000
MoM −$85,000 −7.7% down $85,000, 7.7% versus October 2023 YoY +1.0% up 1.0% versus November 2022
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,091,600
MoM −$32,900 −2.9% down $32,900, 2.9% versus October 2023 YoY −3.1% down 3.1% versus November 2022
Sales — Firm transactions reported through the MLS® System during the month.
428
MoM +3 +0.7% up 3, 0.7% versus October 2023 YoY −0.7% down 0.7% versus November 2022
Dollar volume — Total value of all sales in the month.
$517.4M
MoM +$7,747,631 +1.5% up $7,747,631, 1.5% versus October 2023 YoY +3.8% up 3.8% versus November 2022
New listings — Properties newly listed during the month.
943
MoM −398 −29.7% down 398, 29.7% versus October 2023 YoY +17.6% up 17.6% versus November 2022
Active listings — Listings available at month end.
1,578
MoM −355 −18.4% down 355, 18.4% versus October 2023 YoY +27.5% up 27.5% versus November 2022
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
28
MoM +4 days +16.7% up 4 days, 16.7% versus October 2023 YoY +7.7% up 7.7% versus November 2022
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
45
MoM +9 days +25.0% up 9 days, 25.0% versus October 2023 YoY +15.4% up 15.4% versus November 2022
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
96%
MoM −2.0 pp −2.0% down 2.0 pp, 2.0% versus October 2023 YoY −1.0% down 1.0% versus November 2022
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
45.4%
MoM +13.7 pp +43.2% up 13.7 pp, 43.2% versus October 2023 YoY −15.5% down 15.5% versus November 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.
3.7
MoM −1 −18.9% down 1, 18.9% versus October 2023 YoY +28.4% up 28.4% versus November 2022
Trend
13 months to November 2023
Average price
| Month | Average price |
|---|---|
| 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 |
| Nov '23 | 1208950 |
Sales
| Month | Sales |
|---|---|
| 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 |
| Nov '23 | 428 |
By home type
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 428 | +3 +0.7% up 3, 0.7% versus October 2023 | $1,208,950 | +$9,696 +0.8% up $9,696, 0.8% versus October 2023 | $1,015,000 | 45.4% | 3.7 |
| Detached | 230 | +16 +7.5% up 16, 7.5% versus October 2023 | $1,482,380 | −$41,078 −2.7% down $41,078, 2.7% versus October 2023 | $1,320,750 | 51.3% | 3.6 |
| Semi-detached | 21 | −1 −4.5% down 1, 4.5% versus October 2023 | $933,548 | −$62,265 −6.3% down $62,265, 6.3% versus October 2023 | $925,000 | 44.7% | 2.1 |
| Att/row/townhouse | 54 | −15 −21.7% down 15, 21.7% versus October 2023 | $1,007,924 | −$17,709 −1.7% down $17,709, 1.7% versus October 2023 | $937,450 | 39.7% | 3.2 |
| Condo townhouse | 55 | +12 +27.9% up 12, 27.9% versus October 2023 | $747,060 | −$73,626 −9.0% down $73,626, 9.0% versus October 2023 | $725,000 | 53.4% | 2.2 |
| Condo apartment | 62 | −12 −16.2% down 12, 16.2% versus October 2023 | $906,269 | +$202,394 +28.8% up $202,394, 28.8% versus October 2023 | $607,500 | 31.2% | 6.3 |
| Link | 3 | no change no change versus October 2023 | $856,233 | −$347,100 −28.8% down $347,100, 28.8% versus October 2023 | $920,000 | 50.0% | 2.3 |
| Co-op apartment | 1 | n/a not available, prior month not on file versus October 2023 | $375,000 | n/a not available, prior month not on file versus October 2023 | $375,000 | 100.0% | 0.0 |
| Detached condo | 2 | n/a not available, prior month not on file versus October 2023 | $1,115,000 | n/a not available, prior month not on file versus October 2023 | $1,115,000 | 100.0% | 1.5 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 325.9 | $1,091,600 | −3.1% down 3.1% |
| Single-family detached | 353 | $1,405,900 | −2.0% down 2.0% |
| Single-family attached | 364.9 | $953,900 | −3.4% down 3.4% |
| Townhouse | 387.8 | $755,000 | −2.3% down 2.3% |
| Apartment | 340.9 | $633,100 | +0.5% up 0.5% |
Movers within Halton Region
Minimum 10 sales to qualify
Average price, month-over-month
Top 5
- Oakville +12.6% up 12.6%
- Milton +0.6% up 0.6%
- Halton Hills −5.9% down 5.9%
- Burlington −10.4% down 10.4%
Bottom 5
- Burlington −10.4% down 10.4%
- Halton Hills −5.9% down 5.9%
- Milton +0.6% up 0.6%
- Oakville +12.6% up 12.6%
Sales, month-over-month
Top 5
- Halton Hills +9.5% up 9.5%
- Burlington +6.6% up 6.6%
- Oakville −2.1% down 2.1%
- Milton −6.6% down 6.6%
Bottom 5
- Milton −6.6% down 6.6%
- Oakville −2.1% down 2.1%
- Burlington +6.6% up 6.6%
- Halton Hills +9.5% up 9.5%
Halton Region
Oakville
Oakville, Halton Region
$1,572,012
+$176,260 +12.6% up $176,260, 12.6% versus October 2023
- Sales
- 137
- SP/LP
- 97%
- DOM
- 29
- SNLR
- 37.9%
Halton Hills
Halton Hills, Halton Region
$1,078,625
−$67,706 −5.9% down $67,706, 5.9% versus October 2023
- Sales
- 46
- SP/LP
- 96%
- DOM
- 32
- SNLR
- 54.8%
Milton
Milton, Halton Region
$1,041,949
+$5,723 +0.6% up $5,723, 0.6% versus October 2023
- Sales
- 99
- SP/LP
- 97%
- DOM
- 24
- SNLR
- 45.2%
Burlington
Burlington, Halton Region
$1,022,569
−$118,247 −10.4% down $118,247, 10.4% versus October 2023
- Sales
- 146
- SP/LP
- 96%
- DOM
- 28
- SNLR
- 52.5%
All Halton Region areas
0 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|