Toronto Real Estate Statistics

Toronto real estate average sold price in the last 30 days (January 21 - February 19) was $1,075,077, which is $145,138 (13.5%) higher than the average price of $929,939 in the previous 30 day period (December 22 - January 20), and $75,554 (7.0%) up from the same period 1 year ago ($999,523). Toronto real estate prices over the last 30 days are also $5,336 (0.5%) higher than the average selling price of $1,069,741 over the past year.

Toronto average sold price for homes was $1,498,922 in the last 30 days (January 21 - February 19), which is $64,032 (4.3%) up from the average home price of $1,434,890 in the previous 30 day period (December 22 - January 20), and $10,020 (0.7%) lower than the same period 1 year ago ($1,508,942). In the last 30 days Toronto the average home price was $67,268 (4.5%) lower than the average selling price of $1,566,190 over the last 12 months.

Average Toronto condo sold price over the last 30 days (January 21 - February 19) was $688,510. During this period it was $31,609 (4.6%) up from the average price of condo of $656,901 during the previous 30 days (December 22 - January 20), and $6,626 (1.0%) lower compared to the same period 1 year ago ($695,136). In the last 30 days Toronto the average condo price was $4,670 (0.7%) lower than the average selling price of $693,180 over the last year.

Average sold price of Toronto townhouse was $1,074,063 in the last 30 days (January 21 - February 19), up $182,254 (17.0%) from the average townhome price of $891,809 over the previous 30 days (December 22 - January 20), and $197,617 (18.4%) higher than during to the same period 1 year ago ($876,446). Over the last 30 days the average townhouse price in Toronto was $98,252 (9.1%) higher compared to the average selling price of $975,811 over the last 12 months.

Average selling price for Toronto real estate was $1,075,077 in the last 30 days (January 21 - February 19), which is collectively $421 (0.0%) higher than the average asking price of $1,137,678. This represents an increase of $22,135 (101.9%) compared to $21,714 (2.0%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

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 32.2% with 1,505 properties sold and 2,963 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 36.7% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 51.4% 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 1,505 properties that were successfully sold in Toronto in the last 30 days (January 21 - February 19) was 28 days, which is 14 days less than 42 days average in the previous 30 day period (December 22 - January 20) and 0 days longer than during the same period a year ago (28 days).

There were 2,216 delisted properties in Toronto, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 70 days on the market. This is 14 days shorter than the average of 84 days during the previous 30 day period (December 22 - January 20) and 1 days less compared to the same period last year average of 71 days on the market.

2,216 Toronto properties that didn't sell stayed on the market 150.0% longer than 1,505 that sucessfully sold over the last 30 days - 28 days when sold vs 70 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 57.2 days for those properties that did not sell.

4,667 new properties were listed on the market in Toronto in the last 30 days (January 21 - February 19). During the same time 1,505 properties were sold and 2,216 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 946 properties (or 20.3%).

During the previous 30 day period (December 22 - January 20) there were 2,963 new properties listed, 1,088 sold and 2,870 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 5,232 new listings per month.

There were a total of 1,443 homes listed during the last 30 days (January 21 - February 19), which is 30.9% of all properties listed in Toronto. This is a 89.6% increase compared with a previous 30 day period (December 22 - January 20) and 27.5% up from the same period a year ago. Over the past year an average of 1,744 homes are were listed per month.

2,819 condo units were listed in the last 30 days (January 21 - February 19) in Toronto, which represents 60.4% of all new listings. This is up 44.9% from the prior 30 day period (December 22 - January 20) and 16.0% more compared to the same period last year. There were 3,003 condos listed per month on average during the last 12 months.

405 townhomes were listed over the last 30 days (January 21 - February 19) in Toronto, which is 8.7% of all new real estate inventory. This is a 57.6% more than during the previous 30 day period (December 22 - January 20) and 14.1% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 485 a month.

There were a total of 647 homes sold during the last 30 days (January 21 - February 19), which is 43.0% of all properties sold in Toronto. This is a 87.5% increase compared with a previous 30 day period (December 22 - January 20) and 8.9% down from the same period a year ago. Over the past year an average of 918 homes are were sold per month.

709 condo units were sold in the last 30 days (January 21 - February 19) in Toronto, which represents 47.1% of all sold properties. This is up 14.2% from the prior 30 day period (December 22 - January 20) and 36.1% less compared to the same period last year. There were 1,146 condos sold per month on average during the last 12 months.

149 townhomes were sold over the last 30 days (January 21 - February 19) in Toronto, which is 9.9% of all sold real estate. This is a 22.1% more than during the previous 30 day period (December 22 - January 20) and 24.0% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 222 a month.