Toronto Real Estate Statistics

Toronto real estate average sold price in the last 30 days (December 18 - January 16) was $906,298, which is $127,062 (14.0%) lower than the average price of $1,033,360 in the previous 30 day period (November 18 - December 17), and $37,219 (4.1%) down from the same period 1 year ago ($943,517). Toronto real estate prices over the last 30 days are also $159,593 (17.6%) lower than the average selling price of $1,065,891 over the past year.

Toronto average sold price for homes was $1,358,142 in the last 30 days (December 18 - January 16), which is $150,681 (11.1%) down from the average home price of $1,508,823 in the previous 30 day period (November 18 - December 17), and $54,924 (4.0%) lower than the same period 1 year ago ($1,413,066). In the last 30 days Toronto the average home price was $208,417 (15.3%) lower than the average selling price of $1,566,559 over the last 12 months.

Average Toronto condo sold price over the last 30 days (December 18 - January 16) was $653,191. During this period it was $13,742 (2.1%) down from the average price of condo of $666,933 during the previous 30 days (November 18 - December 17), and $36,998 (5.7%) lower compared to the same period 1 year ago ($690,189). In the last 30 days Toronto the average condo price was $39,725 (6.1%) lower than the average selling price of $692,916 over the last year.

Average sold price of Toronto townhouse was $898,779 in the last 30 days (December 18 - January 16), down $26,811 (3.0%) from the average townhome price of $925,590 over the previous 30 days (November 18 - December 17), and $32,645 (3.6%) higher than during to the same period 1 year ago ($866,134). Over the last 30 days the average townhouse price in Toronto was $65,985 (7.3%) lower compared to the average selling price of $964,764 over the last 12 months.

Average selling price for Toronto real estate was $906,298 in the last 30 days (December 18 - January 16), which is collectively $21,110 (2.0%) lower than the average asking price of $1,080,757. This represents a decline of $5,471 (35.0%) compared to $15,639 (1.5%) Sold-Under-Asking price from the previous 30 day period (November 18 - December 17).

The maximum Sold Over/Under Asking ratio in Toronto during the last 12 months was recorded in May, 2024 with an average of $21,886 over the asking price, while the minimum occurring in August, 2024 with $19,460 below the asking price.

Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Toronto was 46.4% with 1,263 properties sold and 3,165 new properties listed in the past 30 days (December 18 - January 16). This represents a decrease from 68.2% recorded during the previous 30 day period (November 18 - December 17), and a decrease from 65.1% compared to the same period one year ago.

Over the the last year the highest SNLR in Toronto was 80.8% recorded in December and the lowest was in September at 29.8%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.

The Average Days on the Market (DOM) for 1,263 properties that were successfully sold in Toronto in the last 30 days (December 18 - January 16) was 41 days, which is 8 days more than 33 days average in the previous 30 day period (November 18 - December 17) and 2 days longer than during the same period a year ago (39 days).

There were 3,028 delisted properties in Toronto, those that got either Expired, Suspended or Terminated over the last 30 days (December 18 - January 16) with an average of 82 days on the market. This is 17 days longer than the average of 65 days during the previous 30 day period (November 18 - December 17) and 7 days more compared to the same period last year average of 75 days on the market.

3,028 Toronto properties that didn't sell stayed on the market 100.0% longer than 1,263 that sucessfully sold over the last 30 days - 41 days when sold vs 82 days when delisted respectively.

Average Days on the Market in Toronto over the past 12 months for properties that have sold was 25.2 days, with 56.8 days for those properties that did not sell.

2,722 new properties were listed on the market in Toronto in the last 30 days (December 18 - January 16). During the same time 1,263 properties were sold and 3,028 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 1569 properties (or 57.6%).

During the previous 30 day period (November 18 - December 17) there were 3,165 new properties listed, 2,157 sold and 3,345 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was May with 7,156 new properties listed, the slowest - December with 1,967 new listings and a yearly average of 5,135 new listings per month.

There were a total of 707 homes listed during the last 30 days (December 18 - January 16), which is 26.0% of all properties listed in Toronto. This is a 25.7% decline compared with a previous 30 day period (November 18 - December 17) and 64.0% up from the same period a year ago. Over the past year an average of 1,711 homes are were listed per month.

1,790 condo units were listed in the last 30 days (December 18 - January 16) in Toronto, which represents 65.8% of all new listings. This is down 6.3% from the prior 30 day period (November 18 - December 17) and 42.0% more compared to the same period last year. There were 2,948 condos listed per month on average during the last 12 months.

225 townhomes were listed over the last 30 days (December 18 - January 16) in Toronto, which is 8.3% of all new real estate inventory. This is a 25.7% less than during the previous 30 day period (November 18 - December 17) and 47.1% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 476 a month.

There were a total of 404 homes sold during the last 30 days (December 18 - January 16), which is 32.0% of all properties sold in Toronto. This is a 53.6% decline compared with a previous 30 day period (November 18 - December 17) and 2.8% up from the same period a year ago. Over the past year an average of 918 homes are were sold per month.

717 condo units were sold in the last 30 days (December 18 - January 16) in Toronto, which represents 56.8% of all sold properties. This is down 32.5% from the prior 30 day period (November 18 - December 17) and 3.5% more compared to the same period last year. There were 1,161 condos sold per month on average during the last 12 months.

142 townhomes were sold over the last 30 days (December 18 - January 16) in Toronto, which is 11.2% of all sold real estate. This is a 36.6% less than during the previous 30 day period (November 18 - December 17) and 22.4% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 223 a month.