Source: TRREB MarketWatch, September 2022

By home type

September 2022

All TRREB areas

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 5,038 −589 −10.5% down 589, 10.5% versus August 2022 $5.48B $1,086,762 +$7,262 +0.7% up $7,262, 0.7% versus August 2022 $945,000 11,237 13,534 98% 23 35 44.8% 2.7
Detached 2,334 −261 −10.1% down 261, 10.1% versus August 2022 $3.20B $1,369,186 −$10,514 −0.8% down $10,514, 0.8% versus August 2022 $1,215,000 5,184 6,231 97% 22 45.0% 2.7
Semi-detached 501 −25 −4.8% down 25, 4.8% versus August 2022 $522.6M $1,043,120 +$44,630 +4.5% up $44,630, 4.5% versus August 2022 $981,000 830 713 100% 18 60.4% 1.4
Att/row/townhouse 435 −89 −17.0% down 89, 17.0% versus August 2022 $430.8M $990,242 +$2,934 +0.3% up $2,934, 0.3% versus August 2022 $937,000 806 771 99% 20 54.0% 1.8
Condo townhouse 395 −16 −3.9% down 16, 3.9% versus August 2022 $317.6M $803,964 +$14,578 +1.8% up $14,578, 1.8% versus August 2022 $759,900 869 1,049 99% 25 45.5% 2.7
Condo apartment 1,317 −190 −12.6% down 190, 12.6% versus August 2022 $962.5M $730,818 +$19,497 +2.7% up $19,497, 2.7% versus August 2022 $645,000 3,455 4,654 98% 27 38.1% 3.5
Link 28 −19 −40.4% down 19, 40.4% versus August 2022 $27.3M $974,625 +$27,919 +2.9% up $27,919, 2.9% versus August 2022 $992,500 46 39 102% 17 60.9% 1.4
Co-op apartment 12 +3 +33.3% up 3, 33.3% versus August 2022 $5.9M $491,697 +$46,538 +10.5% up $46,538, 10.5% versus August 2022 $422,500 23 35 97% 30 52.2% 2.9
Detached condo 9 +3 +50.0% up 3, 50.0% versus August 2022 $9.5M $1,055,833 +$105,000 +11.0% up $105,000, 11.0% versus August 2022 $1,000,000 13 22 95% 32 69.2% 2.4
Co-ownership apartment 7 +5 +250.0% up 5, 250.0% versus August 2022 $3.3M $474,714 +$40,714 +9.4% up $40,714, 9.4% versus August 2022 $490,000 11 20 96% 34 63.6% 2.9

City of Toronto (416)

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 1,744 −148 −7.8% down 148, 7.8% versus August 2022 $1.85B $1,061,876 +$29,897 +2.9% up $29,897, 2.9% versus August 2022 $859,000 4,493 5,485 99% 22 34 38.8% 3.1
Detached 497 −14 −2.7% down 14, 2.7% versus August 2022 $788.0M $1,585,589 −$62,709 −3.8% down $62,709, 3.8% versus August 2022 $1,290,000 1,301 1,504 98% 19 38.2% 3.0
Semi-detached 180 +21 +13.2% up 21, 13.2% versus August 2022 $217.9M $1,210,715 +$83,286 +7.4% up $83,286, 7.4% versus August 2022 $1,049,500 380 333 101% 14 47.4% 1.9
Att/row/townhouse 53 −8 −13.1% down 8, 13.1% versus August 2022 $63.3M $1,193,557 +$92,746 +8.4% up $92,746, 8.4% versus August 2022 $999,999 118 126 101% 19 44.9% 2.4
Condo townhouse 118 −3 −2.5% down 3, 2.5% versus August 2022 $98.2M $831,798 +$12,863 +1.6% up $12,863, 1.6% versus August 2022 $780,000 313 368 100% 26 37.7% 3.1
Condo apartment 875 −153 −14.9% down 153, 14.9% versus August 2022 $672.9M $769,058 +$32,118 +4.4% up $32,118, 4.4% versus August 2022 $666,000 2,346 3,098 98% 26 37.3% 3.5
Link low sample 3 −1 −25.0% down 1, 25.0% versus August 2022 $2.8M $935,333 −$111,667 −10.7% down $111,667, 10.7% versus August 2022 $897,000 4 3 106% 20 75.0% 1.0
Co-op apartment 11 +5 +83.3% up 5, 83.3% versus August 2022 $5.5M $498,215 +$149,460 +42.9% up $149,460, 42.9% versus August 2022 $425,000 21 33 97% 28 52.4% 3.0
Detached condo n/a not available, prior month not on file versus August 2022 n/a not available, prior month not on file versus August 2022
Co-ownership apartment 7 +5 +250.0% up 5, 250.0% versus August 2022 $3.3M $474,714 +$40,714 +9.4% up $40,714, 9.4% versus August 2022 $490,000 10 19 96% 34 70.0% 2.7

905 total

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 3,294 −441 −11.8% down 441, 11.8% versus August 2022 $3.62B $1,099,938 −$3,635 −0.3% down $3,635, 0.3% versus August 2022 6,744 8,049 48.8% 2.4
Detached 1,837 −247 −11.9% down 247, 11.9% versus August 2022 $2.41B $1,310,639 −$3,200 −0.2% down $3,200, 0.2% versus August 2022 3,883 4,727 47.3% 2.6
Semi-detached 321 −46 −12.5% down 46, 12.5% versus August 2022 $304.7M $949,142 +$6,514 +0.7% up $6,514, 0.7% versus August 2022 450 380 71.3% 1.2
Att/row/townhouse 382 −81 −17.5% down 81, 17.5% versus August 2022 $367.5M $962,034 −$10,320 −1.1% down $10,320, 1.1% versus August 2022 688 645 55.5% 1.7
Condo townhouse 277 −13 −4.5% down 13, 4.5% versus August 2022 $219.4M $792,106 +$15,050 +1.9% up $15,050, 1.9% versus August 2022 556 681 49.8% 2.5
Condo apartment 442 −37 −7.7% down 37, 7.7% versus August 2022 $289.6M $655,117 −$1,222 −0.2% down $1,222, 0.2% versus August 2022 1,109 1,556 39.9% 3.5
Link 25 −18 −41.9% down 18, 41.9% versus August 2022 $24.5M $979,340 +$41,963 +4.5% up $41,963, 4.5% versus August 2022 42 36 59.5% 1.4
Co-op apartment low sample 1 −2 −66.7% down 2, 66.7% versus August 2022 $420K $420,000 −$217,967 −34.2% down $217,967, 34.2% versus August 2022 2 2 50.0% 2.0
Detached condo n/a not available, prior month not on file versus August 2022 n/a not available, prior month not on file versus August 2022
Co-ownership apartment low sample 0 no change no change versus August 2022 $0 n/a not available, prior month not on file versus August 2022 1 1 0.0%

Trends

All TRREB areas · 13 months to September 2022

Average price

Average price by home type over the 13 months ending September 2022.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Sep '21 152646511146961016269789983708521
Oct '21 154043211517701085547823017703698
Nov '21 156783212060161095570826475715104
Dec '21 159873511810461136657846525711933
Jan '22 174131813122731221726936264748566
Feb '22 179720313584151254460963700799966
Mar '22 169739613170481212542948292808566
Apr '22 162834312592431119648909207789869
May '22 154949812048931063177857113770894
Jun '22 145490211247231028977825447747216
Jul '22 13625981077750997668799953719273
Aug '22 1379700998490987308789386711321
Sep '22 13691861043120990242803964730818

Sales

Sales by home type over the 13 months ending September 2022.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Sep '21 39088248217372664
Oct '21 42798788327972899
Nov '21 38577557307192868
Dec '21 24375015024812058
Jan '22 22394454584332016
Feb '22 39287518557192772
Mar '22 48849839728703154
Apr '22 36008027166522173
May '22 33667527295221848
Jun '22 30126345805171678
Jul '22 22034744293871365
Aug '22 25955265244111507
Sep '22 23345014353951317

Sales-to-new-listings

Sales-to-new-listings ratio by home type over the 13 months ending September 2022.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Sep '21 67.251763896059274.5701357466063480.727630285152473.9959839357429760.27149321266968
Oct '21 84.315270935960693.3049946865037297.3099415204678389.550561797752874.9482936918304
Nov '21 87.9790145985401593.788819875776493.23116219667943100.7002801120448288.38212634822804
Dec '21 111.68652612282311114.90825688073394109.60698689956332114.25178147268409125.64102564102564
Jan '22 64.3390804597701270.522979397781372.4683544303797573.2656514382402778.50467289719626
Feb '22 59.14771871706068461.8106995884773763.239644970414271.0474308300395372.58444619010213
Mar '22 51.7976455615653954.7327394209354246.6410748560460757.4257425742574262.579365079365076
Apr '22 41.7197821300266646.7911318553092240.797720797720845.0899031811894946.0088926529748
May '22 38.2326215356656144.7086801426872843.0851063829787236.9426751592356737.29566094853683
Jun '22 39.49645948072383647.45508982035928444.4444444444444439.10741301059001536.156000861883214
Jul '22 40.0836972343522653.9863325740318945.1578947368421140.1036269430051837.37677984665936
Aug '22 53.7712391214256166.1635220125786163.8246041412911147.5694444444444447.93256997455471
Sep '22 45.02314814814814560.3614457831325353.9702233250620445.4545454545454538.118668596237335

Average price change, month-over-month

  • Detached −0.8% down 0.8% versus August 2022
  • Semi-detached +4.5% up 4.5% versus August 2022
  • Att/row/townhouse +0.3% up 0.3% versus August 2022
  • Condo townhouse +1.8% up 1.8% versus August 2022
  • Condo apartment +2.7% up 2.7% versus August 2022

Year to date

Home typeSales$ volumeAverageMedian
All home types 62,638 $75.98B $1,212,963 $1,050,000
Detached
Semi-detached
Att/row/townhouse
Condo townhouse
Condo apartment
Link
Co-op apartment
Detached condo
Co-ownership apartment