Source: TRREB MarketWatch, October 2024

4 areas

Halton Region

October 2024

Headline indicators

All home types

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

$1,212,379

MoM −$42,733 −3.4% down $42,733, 3.4% versus September 2024 YoY +1.1% up 1.1% versus October 2023

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

$1,065,000

MoM +$29,000 +2.8% up $29,000, 2.8% versus September 2024 YoY −3.2% down 3.2% versus October 2023

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

$1,089,100

MoM −$15,500 −1.4% down $15,500, 1.4% versus September 2024 YoY −3.2% down 3.2% versus October 2023

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

700

MoM +163 +30.4% up 163, 30.4% versus September 2024 YoY +64.7% up 64.7% versus October 2023

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

$848.7M

MoM +$174,669,707 +25.9% up $174,669,707, 25.9% versus September 2024 YoY +66.5% up 66.5% versus October 2023

New listings — Properties newly listed during the month.

1,510

MoM −248 −14.1% down 248, 14.1% versus September 2024 YoY +12.6% up 12.6% versus October 2023

Active listings — Listings available at month end.

2,398

MoM −112 −4.5% down 112, 4.5% versus September 2024 YoY +24.1% up 24.1% versus October 2023

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

29

MoM −1 day −3.3% down 1 day, 3.3% versus September 2024 YoY +20.8% up 20.8% versus October 2023

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

45

MoM +1 day +2.3% up 1 day, 2.3% versus September 2024 YoY +25.0% up 25.0% versus October 2023

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

98%

MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus September 2024 YoY no change no change versus October 2023

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

46.4%

MoM +15.8 pp +51.8% up 15.8 pp, 51.8% versus September 2024 YoY +46.3% up 46.3% versus October 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.

3.4

MoM −1 −26.7% down 1, 26.7% versus September 2024 YoY −24.7% down 24.7% versus October 2023

Trend

13 months to October 2024

Average price

Halton Region average selling price over the 13 months ending October 2024.
Month Average price
Oct '23 1199254
Nov '23 1208950
Dec '23 1302551
Jan '24 1143518
Feb '24 1267011
Mar '24 1244298
Apr '24 1297545
May '24 1271115
Jun '24 1252642
Jul '24 1246352
Aug '24 1217477
Sep '24 1255112
Oct '24 1212379

Sales

Halton Region sales over the 13 months ending October 2024.
Month Sales
Oct '23 425
Nov '23 428
Dec '23 361
Jan '24 454
Feb '24 633
Mar '24 718
Apr '24 813
May '24 765
Jun '24 659
Jul '24 543
Aug '24 520
Sep '24 537
Oct '24 700

By home type

Home typeSalesMoMAverageMoMMedianSNLRMOI
All home types 700 +163 +30.4% up 163, 30.4% versus September 2024 $1,212,379 −$42,733 −3.4% down $42,733, 3.4% versus September 2024 $1,065,000 46.4% 3.4
Detached 379 +108 +39.9% up 108, 39.9% versus September 2024 $1,495,789 −$166,177 −10.0% down $166,177, 10.0% versus September 2024 $1,308,500 47.7% 3.3
Semi-detached 37 +18 +94.7% up 18, 94.7% versus September 2024 $998,513 +$9,671 +1.0% up $9,671, 1.0% versus September 2024 $989,000 62.7% 1.9
Att/row/townhouse 114 +14 +14.0% up 14, 14.0% versus September 2024 $1,039,509 +$70,696 +7.3% up $70,696, 7.3% versus September 2024 $975,000 57.0% 2.3
Condo townhouse 59 +2 +3.5% up 2, 3.5% versus September 2024 $792,659 +$21,999 +2.9% up $21,999, 2.9% versus September 2024 $750,000 46.5% 3.3
Condo apartment 107 +26 +32.1% up 26, 32.1% versus September 2024 $707,168 +$38,099 +5.7% up $38,099, 5.7% versus September 2024 $623,000 33.5% 5.4
Link 4 −4 −50.0% down 4, 50.0% versus September 2024 $969,500 −$125,625 −11.5% down $125,625, 11.5% versus September 2024 $962,000 40.0% 3.8

MLS® Home Price Index

CategoryIndexBenchmarkYoY
Composite 326.1 $1,089,100 −3.2% down 3.2%
Single-family detached 356.7 $1,419,900 −1.6% down 1.6%
Single-family attached 375.1 $978,700 −0.5% down 0.5%
Townhouse 414.9 $806,900 −1.4% down 1.4%
Apartment 329.2 $609,400 −4.4% down 4.4%

Movers within Halton Region

Minimum 10 sales to qualify

Average price, month-over-month

Top 5

  1. Halton Hills +5.3% up 5.3%
  2. Milton +1.8% up 1.8%
  3. Oakville −5.7% down 5.7%
  4. Burlington −6.2% down 6.2%

Bottom 5

  1. Burlington −6.2% down 6.2%
  2. Oakville −5.7% down 5.7%
  3. Milton +1.8% up 1.8%
  4. Halton Hills +5.3% up 5.3%

Sales, month-over-month

Top 5

  1. Burlington +33.7% up 33.7%
  2. Oakville +30.8% up 30.8%
  3. Milton +28.3% up 28.3%
  4. Halton Hills +23.2% up 23.2%

Bottom 5

  1. Halton Hills +23.2% up 23.2%
  2. Milton +28.3% up 28.3%
  3. Oakville +30.8% up 30.8%
  4. Burlington +33.7% up 33.7%

Halton Region

Oakville

Oakville, Halton Region

$1,495,467

−$89,985 −5.7% down $89,985, 5.7% versus September 2024

Sales
242
SP/LP
97%
DOM
31
SNLR
42.8%

Full history →

Burlington

Burlington, Halton Region

$1,088,016

−$71,794 −6.2% down $71,794, 6.2% versus September 2024

Sales
226
SP/LP
98%
DOM
29
SNLR
47.6%

Full history →

Milton

Milton, Halton Region

$1,040,242

+$18,771 +1.8% up $18,771, 1.8% versus September 2024

Sales
163
SP/LP
99%
DOM
26
SNLR
48.2%

Full history →

Halton Hills

Halton Hills, Halton Region

$1,033,491

+$52,205 +5.3% up $52,205, 5.3% versus September 2024

Sales
69
SP/LP
98%
DOM
26
SNLR
52.7%

Full history →

All Halton Region areas

0 areas

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