Toronto Real Estate Statistics

Toronto real estate average sold price in the last 30 days (October 21 - November 19) was $1,081,376, which is $46,176 (4.3%) lower than the average price of $1,127,552 in the previous 30 day period (September 21 - October 20), and $25,067 (2.3%) down from the same period 1 year ago ($1,106,443). Toronto real estate prices over the last 30 days are also $9,961 (0.9%) higher than the average selling price of $1,071,415 over the past year.

Toronto average sold price for homes was $1,581,994 in the last 30 days (October 21 - November 19), which is $32,187 (2.0%) down from the average home price of $1,614,181 in the previous 30 day period (September 21 - October 20), and $13,386 (0.8%) higher than the same period 1 year ago ($1,568,608). In the last 30 days Toronto the average home price was $19,828 (1.3%) higher than the average selling price of $1,562,166 over the last 12 months.

Average Toronto condo sold price over the last 30 days (October 21 - November 19) was $680,460. During this period it was $447 (0.1%) up from the average price of condo of $680,013 during the previous 30 days (September 21 - October 20), and $26,553 (3.9%) lower compared to the same period 1 year ago ($707,013). In the last 30 days Toronto the average condo price was $18,292 (2.7%) lower than the average selling price of $698,752 over the last year.

Average sold price of Toronto townhouse was $942,542 in the last 30 days (October 21 - November 19), down $71,536 (7.6%) from the average townhome price of $1,014,078 over the previous 30 days (September 21 - October 20), and $49,797 (5.3%) lower than during to the same period 1 year ago ($992,339). Over the last 30 days the average townhouse price in Toronto was $47,099 (5.0%) lower compared to the average selling price of $989,641 over the last 12 months.

Average selling price for Toronto real estate was $1,081,376 in the last 30 days (October 21 - November 19), which is collectively $16,257 (1.4%) lower than the average asking price of $1,154,825. This represents a decline of $7,811 (92.5%) compared to $8,446 (0.7%) Sold-Under-Asking price from the previous 30 day period (September 21 - October 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 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 53.8% with 2,695 properties sold and 5,847 new properties listed in the past 30 days (October 21 - November 19). This represents an increase from 39.3% recorded during the previous 30 day period (September 21 - October 20), and an increase from 39.0% 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 2,695 properties that were successfully sold in Toronto in the last 30 days (October 21 - November 19) was 27 days, which is 3 days more than 24 days average in the previous 30 day period (September 21 - October 20) and 7 days longer than during the same period a year ago (20 days).

There were 3,922 delisted properties in Toronto, those that got either Expired, Suspended or Terminated over the last 30 days (October 21 - November 19) with an average of 58 days on the market. This is 3 days longer than the average of 55 days during the previous 30 day period (September 21 - October 20) and 9 days more compared to the same period last year average of 49 days on the market.

3,922 Toronto properties that didn't sell stayed on the market 114.8% longer than 2,695 that sucessfully sold over the last 30 days - 27 days when sold vs 58 days when delisted respectively.

Average Days on the Market in Toronto over the past 12 months for properties that have sold was 24.1 days, with 55.6 days for those properties that did not sell.

5,013 new properties were listed on the market in Toronto in the last 30 days (October 21 - November 19). During the same time 2,695 properties were sold and 3,922 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 1604 properties (or 32.0%).

During the previous 30 day period (September 21 - October 20) there were 5,847 new properties listed, 2,300 sold and 3,724 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 5,091 new listings per month.

There were a total of 1,759 homes listed during the last 30 days (October 21 - November 19), which is 35.1% of all properties listed in Toronto. This is a 20.0% decline compared with a previous 30 day period (September 21 - October 20) and 16.6% up from the same period a year ago. Over the past year an average of 1,699 homes are were listed per month.

2,760 condo units were listed in the last 30 days (October 21 - November 19) in Toronto, which represents 55.1% of all new listings. This is down 9.4% from the prior 30 day period (September 21 - October 20) and 5.8% more compared to the same period last year. There were 2,920 condos listed per month on average during the last 12 months.

494 townhomes were listed over the last 30 days (October 21 - November 19) in Toronto, which is 9.9% of all new real estate inventory. This is a 17.7% less than during the previous 30 day period (September 21 - October 20) and 13.6% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 472 a month.

There were a total of 1,129 homes sold during the last 30 days (October 21 - November 19), which is 41.9% of all properties sold in Toronto. This is a 9.6% increase compared with a previous 30 day period (September 21 - October 20) and 45.9% up from the same period a year ago. Over the past year an average of 898 homes are were sold per month.

1,327 condo units were sold in the last 30 days (October 21 - November 19) in Toronto, which represents 49.2% of all sold properties. This is up 24.1% from the prior 30 day period (September 21 - October 20) and 55.6% more compared to the same period last year. There were 1,126 condos sold per month on average during the last 12 months.

239 townhomes were sold over the last 30 days (October 21 - November 19) in Toronto, which is 8.9% of all sold real estate. This is a 18.9% more than during the previous 30 day period (September 21 - October 20) and 60.4% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 211 a month.