Source: TRREB MarketWatch, April 2024

4 areas

Halton Region

April 2024

Headline indicators

All home types

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

$1,297,545

MoM +$53,247 +4.3% up $53,247, 4.3% versus March 2024 YoY +0.6% up 0.6% versus April 2023

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

$1,125,000

MoM +$15,000 +1.4% up $15,000, 1.4% versus March 2024 YoY −3.4% down 3.4% versus April 2023

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

$1,190,600

MoM +$33,500 +2.9% up $33,500, 2.9% versus March 2024 YoY −1.9% down 1.9% versus April 2023

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

813

MoM +95 +13.2% up 95, 13.2% versus March 2024 YoY −0.5% down 0.5% versus April 2023

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

$1.05B

MoM +$161,497,819 +18.1% up $161,497,819, 18.1% versus March 2024 YoY +0.1% up 0.1% versus April 2023

New listings — Properties newly listed during the month.

1,680

MoM +421 +33.4% up 421, 33.4% versus March 2024 YoY +49.7% up 49.7% versus April 2023

Active listings — Listings available at month end.

1,680

MoM +637 +61.1% up 637, 61.1% versus March 2024 YoY +69.2% up 69.2% versus April 2023

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

18

MoM −1 day −5.3% down 1 day, 5.3% versus March 2024 YoY +5.9% up 5.9% versus April 2023

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

26

MoM −2 days −7.1% down 2 days, 7.1% versus March 2024 YoY +8.3% up 8.3% versus April 2023

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

99%

MoM −1.0 pp −1.0% down 1.0 pp, 1.0% versus March 2024 YoY −2.0% down 2.0% versus April 2023

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

48.4%

MoM −8.6 pp −15.1% down 8.6 pp, 15.1% versus March 2024 YoY −33.5% down 33.5% versus April 2023

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.

2.1

MoM +1 +42.3% up 1, 42.3% versus March 2024 YoY +70.0% up 70.0% versus April 2023

Trend

13 months to April 2024

Average price

Halton Region average selling price over the 13 months ending April 2024.
Month Average price
Apr '23 1289479
May '23 1273198
Jun '23 1294251
Jul '23 1255713
Aug '23 1230389
Sep '23 1245146
Oct '23 1199254
Nov '23 1208950
Dec '23 1302551
Jan '24 1143518
Feb '24 1267011
Mar '24 1244298
Apr '24 1297545

Sales

Halton Region sales over the 13 months ending April 2024.
Month Sales
Apr '23 817
May '23 954
Jun '23 787
Jul '23 565
Aug '23 554
Sep '23 477
Oct '23 425
Nov '23 428
Dec '23 361
Jan '24 454
Feb '24 633
Mar '24 718
Apr '24 813

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 813 +95 +13.2% up 95, 13.2% versus March 2024 $1,297,545 +$53,247 +4.3% up $53,247, 4.3% versus March 2024 $1,125,000 48.4% 2.1
Detached 417 +54 +14.9% up 54, 14.9% versus March 2024 $1,709,620 +$81,098 +5.0% up $81,098, 5.0% versus March 2024 $1,510,000 47.2% 2.2
Semi-detached 29 −3 −9.4% down 3, 9.4% versus March 2024 $1,059,345 +$27,355 +2.7% up $27,355, 2.7% versus March 2024 $1,080,000 48.3% 1.5
Att/row/townhouse 120 +13 +12.1% up 13, 12.1% versus March 2024 $1,055,310 +$42,351 +4.2% up $42,351, 4.2% versus March 2024 $1,004,750 53.6% 1.5
Condo townhouse 98 +16 +19.5% up 16, 19.5% versus March 2024 $856,702 +$67,664 +8.6% up $67,664, 8.6% versus March 2024 $780,000 58.0% 1.4
Condo apartment 141 +18 +14.6% up 18, 14.6% versus March 2024 $650,294 −$36,022 −5.2% down $36,022, 5.2% versus March 2024 $610,000 42.7% 2.9
Link 7 −2 −22.2% down 2, 22.2% versus March 2024 $1,107,243 −$21,535 −1.9% down $21,535, 1.9% versus March 2024 $1,120,000 100.0% 0.4
Detached condo 1 no change no change versus March 2024 $1,235,000 +$65,000 +5.6% up $65,000, 5.6% versus March 2024 $1,235,000 50.0% 2.0

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 355.5 $1,190,600 −1.9% down 1.9%
Single-family detached 390.8 $1,556,500 −0.5% down 0.5%
Single-family attached 406.2 $1,061,900 −0.9% down 0.9%
Townhouse 425.9 $829,200 −0.3% down 0.3%
Apartment 340.3 $632,000 +1.6% up 1.6%

Movers within Halton Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Oakville +6.8% up 6.8%
  2. Halton Hills +5.5% up 5.5%
  3. Milton +3.3% up 3.3%
  4. Burlington +2.2% up 2.2%

Bottom 5

  1. Burlington +2.2% up 2.2%
  2. Milton +3.3% up 3.3%
  3. Halton Hills +5.5% up 5.5%
  4. Oakville +6.8% up 6.8%

Sales, month-over-month

Top 5

  1. Halton Hills +32.8% up 32.8%
  2. Burlington +27.1% up 27.1%
  3. Oakville +7.9% up 7.9%
  4. Milton −6.5% down 6.5%

Bottom 5

  1. Milton −6.5% down 6.5%
  2. Oakville +7.9% up 7.9%
  3. Burlington +27.1% up 27.1%
  4. Halton Hills +32.8% up 32.8%

Halton Region

Oakville

Oakville, Halton Region

$1,587,333

+$101,286 +6.8% up $101,286, 6.8% versus March 2024

Sales
287
SP/LP
99%
DOM
18
SNLR
42.6%

Full history →

Halton Hills

Halton Hills, Halton Region

$1,199,176

+$62,414 +5.5% up $62,414, 5.5% versus March 2024

Sales
81
SP/LP
99%
DOM
20
SNLR
45.3%

Full history →

Burlington

Burlington, Halton Region

$1,144,352

+$24,373 +2.2% up $24,373, 2.2% versus March 2024

Sales
300
SP/LP
100%
DOM
19
SNLR
58.1%

Full history →

Milton

Milton, Halton Region

$1,095,865

+$34,834 +3.3% up $34,834, 3.3% versus March 2024

Sales
145
SP/LP
101%
DOM
17
SNLR
46.6%

Full history →

All Halton Region areas

0 areas

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