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Halton Hills Housing Market Report

Halton Hills housing market report

Halton Hills housing market overview

  • The average home price in Halton Hills was $985,470 — a -8.64% year-over-year decrease.
  • The median home price in Halton Hills was $870,000 — a -14.5% year-over-year decrease.
  • The average detached home price decreased -1.88% year-over-year to $1,117,687
  • The semi-detached home price decreased -7.66% year-over-year to $801,250
  • The condo townhouse home price decreased -10.05% year-over-year to $825,833
  • The average condo apartment home price increased 1.54% year-over-year to $660,000

Table of contents

Average home price trends

The average home price across all property types in Halton Hills was $985,470. Home prices have decreased -8.64% year-over-year compared to the average home price of $1,078,625 the prior year. The average home price across all property types saw a -4.65% month-over-month decreased from the average home price of $1,033,491 the prior month. Here is how the average home price has changed across property types.

Read More: Toronto (GTA) Home Prices

Property Type Average M/M Y/Y
Detached $1,117,687 +3.11% -1.88%
Semi-Detached $801,250 -13.14% -7.66%
Condo Townhouse $825,833 -6.12% -10.05%
Condo Apartment $660,000 -16.75% +1.54%

Important Market Metrics

Sales

Total sales in Halton Hills were 59 which is a 28.26% increase from 46 sales the prior year. Here is how the sales are broken down by property type:

  • Detached: 39 — a 5.41% Y/Y increase
  • Semi-Detached: 4 — a 100% Y/Y increase
  • Condo Townhouse: 6 — a 50% Y/Y increase
  • Condo Apartment: 4 — a 300% Y/Y increase

Inventory

The housing inventory this month is 2.6 months which is up from 2.8 months of inventory the prior month and 2.4 months the prior year. Housing inventory this month is much higher than the historical 5-year average which is 0 months of inventory.

Listings

Halton Hills had total new listings of 87 which is a 3.57% Y/Y increase and -33.59% M/M decrease.

Sales-to-new-Listings Ratio

The sales-to-new listing ratio is an important metric as it helps us to understand the balance of supply and demand in the housing market which helps determine who has the majority of negotiating power in the housing market. The sales-to-new-listings ratio (SNLR) in Halton Hills was 48% in August 2024. The SNLR indicates a buyers market market with a SNLR ratio that falling below 40%.

All property types

The highest historical average home price in Halton Hills was $0. The highest historical median home price was $0.

Stat August 2024 Y/Y Change
Average Price $985,470 -8.64%
Median Price $870,000 -14.5%
Sales 59 +28.26%
New Listings 87 +3.57%
Active Listings 163 +0%

Single-family detached home prices in Halton Hills

Stat August 2024 Y/Y Change
Average Price $1,117,687 -1.88%
Median Price $995,000 -9.55%
Sales 39 +5.41%
New Listings 63 +3.28%
Active Listings 127 +2.42%

Semi-detached home prices in Halton Hills

Stat August 2024 Y/Y Change
Average Price $801,250 -7.66%
Median Price $790,000 -8.96%
Sales 4 +100%
New Listings 2 -33.33%
Active Listings 4 +0%

Condo townhouse prices in Halton Hills

Stat August 2024 Y/Y Change
Average Price $825,833 -10.05%
Median Price $805,000 -12.5%
Sales 6 +50%
New Listings 9 +80%
Active Listings 8 -38.46%

Condo apartment prices in Halton Hills

Stat August 2024 Y/Y Change
Average Price $660,000 +1.54%
Median Price $632,500 -2.69%
Sales 4 +300%
New Listings 7 +0%
Active Listings 15 +87.5%

Other housing market reports across the greater Toronto area:

Toronto

Halton Region

Peel Region

York Region

Durham Region

Dufferin County

Simcoe County

source: TREB