Toronto Real Estate Statistics

Toronto real estate average sold price in the last 30 days (September 12 - October 11) was $1,125,065, which is $110,331 (9.8%) higher than the average price of $1,014,734 in the previous 30 day period (August 13 - September 11), and $5,651 (0.5%) down from the same period 1 year ago ($1,130,716). Toronto real estate prices over the last 30 days are also $54,454 (4.8%) higher than the average selling price of $1,070,610 over the past year.

Toronto average sold price for homes was $1,592,731 in the last 30 days (September 12 - October 11), which is $31,422 (2.0%) up from the average home price of $1,561,309 in the previous 30 day period (August 13 - September 11), and $2,288 (0.1%) higher than the same period 1 year ago ($1,590,443). In the last 30 days Toronto the average home price was $33,986 (2.1%) higher than the average selling price of $1,558,745 over the last 12 months.

Average Toronto condo sold price over the last 30 days (September 12 - October 11) was $677,959. During this period it was $8,746 (1.3%) up from the average price of condo of $669,213 during the previous 30 days (August 13 - September 11), and $34,827 (5.1%) lower compared to the same period 1 year ago ($712,786). In the last 30 days Toronto the average condo price was $23,452 (3.5%) lower than the average selling price of $701,411 over the last year.

Average sold price of Toronto townhouse was $1,020,415 in the last 30 days (September 12 - October 11), up $77,998 (7.6%) from the average townhome price of $942,417 over the previous 30 days (August 13 - September 11), and $7,838 (0.8%) higher than during to the same period 1 year ago ($1,012,577). Over the last 30 days the average townhouse price in Toronto was $31,247 (3.1%) higher compared to the average selling price of $989,168 over the last 12 months.

Average selling price for Toronto real estate was $1,125,065 in the last 30 days (September 12 - October 11), which is collectively $5,771 (0.5%) lower than the average asking price of $1,199,306. This represents an increase of $11,081 (65.8%) compared to $16,852 (1.5%) Sold-Under-Asking price from the previous 30 day period (August 13 - September 11).

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 December, 2023 with $34,248 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 37.6% with 2,515 properties sold and 5,711 new properties listed in the past 30 days (September 12 - October 11). This represents an increase from 34.7% recorded during the previous 30 day period (August 13 - September 11), and an increase from 34.1% compared to the same period one year ago.

Over the the last year the highest SNLR in Toronto was 94.7% 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 2,515 properties that were successfully sold in Toronto in the last 30 days (September 12 - October 11) was 23 days, which is 6 days less than 29 days average in the previous 30 day period (August 13 - September 11) and 5 days longer than during the same period a year ago (18 days).

There were 4,128 delisted properties in Toronto, those that got either Expired, Suspended or Terminated over the last 30 days (September 12 - October 11) with an average of 55 days on the market. This is 8 days shorter than the average of 63 days during the previous 30 day period (August 13 - September 11) and 9 days more compared to the same period last year average of 46 days on the market.

4,128 Toronto properties that didn't sell stayed on the market 139.1% longer than 2,515 that sucessfully sold over the last 30 days - 23 days when sold vs 55 days when delisted respectively.

Average Days on the Market in Toronto over the past 12 months for properties that have sold was 23.6 days, with 54.7 days for those properties that did not sell.

6,689 new properties were listed on the market in Toronto in the last 30 days (September 12 - October 11). During the same time 2,515 properties were sold and 4,128 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 46 properties (or 0.7%).

During the previous 30 day period (August 13 - September 11) there were 5,711 new properties listed, 1,981 sold and 4,228 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 1,478 new listings and a yearly average of 5,060 new listings per month.

There were a total of 2,523 homes listed during the last 30 days (September 12 - October 11), which is 37.7% of all properties listed in Toronto. This is a 34.9% increase compared with a previous 30 day period (August 13 - September 11) and 3.9% up from the same period a year ago. Over the past year an average of 1,675 homes are were listed per month.

3,505 condo units were listed in the last 30 days (September 12 - October 11) in Toronto, which represents 52.4% of all new listings. This is up 6.4% from the prior 30 day period (August 13 - September 11) and 0.2% less compared to the same period last year. There were 2,924 condos listed per month on average during the last 12 months.

661 townhomes were listed over the last 30 days (September 12 - October 11) in Toronto, which is 9.9% of all new real estate inventory. This is a 20.8% more than during the previous 30 day period (August 13 - September 11) and 19.3% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 461 a month.

There were a total of 1,148 homes sold during the last 30 days (September 12 - October 11), which is 45.6% of all properties sold in Toronto. This is a 61.7% increase compared with a previous 30 day period (August 13 - September 11) and 16.9% up from the same period a year ago. Over the past year an average of 874 homes are were sold per month.

1,150 condo units were sold in the last 30 days (September 12 - October 11) in Toronto, which represents 45.7% of all sold properties. This is up 6.1% from the prior 30 day period (August 13 - September 11) and 12.7% more compared to the same period last year. There were 1,104 condos sold per month on average during the last 12 months.

217 townhomes were sold over the last 30 days (September 12 - October 11) in Toronto, which is 8.6% of all sold real estate. This is a 16.0% more than during the previous 30 day period (August 13 - September 11) and 1.9% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 207 a month.