Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,197,021
Source: TRREB MarketWatch, May 2023
35 areas
May 2023
All home types
Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$1,197,021
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$928,800
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$1,143,200
Sales — Firm transactions reported through the MLS® System during the month.
3,285
Dollar volume — Total value of all sales in the month.
$3.93B
New listings — Properties newly listed during the month.
5,734
Active listings — Listings available at month end.
4,949
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
16
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
22
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
104%
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
57.3%
Months of inventory — Active listings divided by monthly sales — how long the current stock would take to sell. Computed here, not TRREB’s trend figure.
1.5
13 months to May 2023
| Month | Average price |
|---|---|
| May '22 | 1233748 |
| Jun '22 | 1152175 |
| Jul '22 | 1019100 |
| Aug '22 | 1031979 |
| Sep '22 | 1061876 |
| Oct '22 | 1093097 |
| Nov '22 | 1050788 |
| Dec '22 | 1017989 |
| Jan '23 | 987842 |
| Feb '23 | 1071043 |
| Mar '23 | 1054563 |
| Apr '23 | 1120352 |
| May '23 | 1197021 |
| Month | Sales |
|---|---|
| May '22 | 2679 |
| Jun '22 | 2422 |
| Jul '22 | 1833 |
| Aug '22 | 1892 |
| Sep '22 | 1744 |
| Oct '22 | 1894 |
| Nov '22 | 1798 |
| Dec '22 | 1162 |
| Jan '23 | 1108 |
| Feb '23 | 1745 |
| Mar '23 | 2521 |
| Apr '23 | 2735 |
| May '23 | 3285 |
| Home type | Sales | MoM | Average | MoM | Median | SNLR | MOI |
|---|---|---|---|---|---|---|---|
| All home types | 3,285 | +550 +20.1% up 550, 20.1% versus April 2023 | $1,197,021 | +$76,669 +6.8% up $76,669, 6.8% versus April 2023 | $928,800 | 57.3% | 1.5 |
| Detached | 970 | +203 +26.5% up 203, 26.5% versus April 2023 | $1,913,132 | +$125,380 +7.0% up $125,380, 7.0% versus April 2023 | $1,510,000 | 56.8% | 1.3 |
| Semi-detached | 286 | +54 +23.3% up 54, 23.3% versus April 2023 | $1,398,821 | +$72,359 +5.5% up $72,359, 5.5% versus April 2023 | $1,306,000 | 64.0% | 0.9 |
| Att/row/townhouse | 109 | +35 +47.3% up 35, 47.3% versus April 2023 | $1,321,950 | −$5,241 −0.4% down $5,241, 0.4% versus April 2023 | $1,260,000 | 67.7% | 1.0 |
| Condo townhouse | 198 | +4 +2.1% up 4, 2.1% versus April 2023 | $928,955 | −$20,650 −2.2% down $20,650, 2.2% versus April 2023 | $859,000 | 54.0% | 1.6 |
| Condo apartment | 1,694 | +241 +16.6% up 241, 16.6% versus April 2023 | $784,914 | +$32,998 +4.4% up $32,998, 4.4% versus April 2023 | $685,000 | 56.4% | 1.7 |
| Link | 6 | +2 +50.0% up 2, 50.0% versus April 2023 | $1,224,833 | +$154,361 +14.4% up $154,361, 14.4% versus April 2023 | $1,215,000 | 37.5% | 1.0 |
| Co-op apartment | 15 | +7 +87.5% up 7, 87.5% versus April 2023 | $540,600 | +$7,350 +1.4% up $7,350, 1.4% versus April 2023 | $465,000 | 71.4% | 1.6 |
| Co-ownership apartment | 7 | +4 +133.3% up 4, 133.3% versus April 2023 | $469,271 | −$97,029 −17.1% down $97,029, 17.1% versus April 2023 | $425,000 | 87.5% | 2.1 |
| Category | Index | Benchmark | YoY |
|---|---|---|---|
| Composite | 340.8 | $1,143,200 | −6.2% down 6.2% |
| Single-family detached | 371.2 | $1,766,000 | −5.1% down 5.1% |
| Single-family attached | 391.3 | $1,356,300 | −5.6% down 5.6% |
| Townhouse | 403.5 | $896,100 | −9.9% down 9.9% |
| Apartment | 381.1 | $758,400 | −7.3% down 7.3% |
Minimum 10 sales to qualify
Top 5
Bottom 5
Top 5
Bottom 5
Toronto W07
Sunnylea, Stonegate-Queensway
$1,445,003
+$126,279 +9.6% up $126,279, 9.6% versus April 2023
Toronto W02
Bloor West Village, The Junction, Runnymede
$1,425,969
+$60,522 +4.4% up $60,522, 4.4% versus April 2023
Toronto W01
High Park, Roncesvalles, Swansea, Parkdale
$1,418,976
+$222,677 +18.6% up $222,677, 18.6% versus April 2023
Toronto W08
Kingsway, Islington-City Centre West, Humber Valley
$1,166,990
+$111,635 +10.6% up $111,635, 10.6% versus April 2023
Toronto W09
Kingsview Village, Willowridge-Martingrove
$1,069,166
+$19,600 +1.9% up $19,600, 1.9% versus April 2023
Toronto W03
Rockcliffe-Smythe, Keelesdale, Weston-Pellam Park
$1,062,263
+$35,849 +3.5% up $35,849, 3.5% versus April 2023
Toronto W06
Mimico, New Toronto, Long Branch, Alderwood
$971,644
−$62,721 −6.1% down $62,721, 6.1% versus April 2023
Toronto W04
Weston, Mount Dennis, Yorkdale-Glen Park
$958,861
+$117,633 +14.0% up $117,633, 14.0% versus April 2023
Toronto W05
Downsview, Black Creek, York University Heights
$828,766
−$35,509 −4.1% down $35,509, 4.1% versus April 2023
Toronto W10
Rexdale, West Humber-Clairville, Thistletown
$813,146
−$27,822 −3.3% down $27,822, 3.3% versus April 2023
Toronto C09 focus
Rosedale-Moore Park
$3,170,511
+$935,126 +41.8% up $935,126, 41.8% versus April 2023
Toronto C12
Bridle Path, York Mills, St. Andrew-Windfields
$2,987,264
+$28,882 +1.0% up $28,882, 1.0% versus April 2023
Toronto C04 focus
Forest Hill North, Lawrence Park South, Bedford Park
$2,462,174
+$283,386 +13.0% up $283,386, 13.0% versus April 2023
Toronto C03 focus
Forest Hill South, Humewood-Cedarvale, Oakwood
$1,804,180
+$190,531 +11.8% up $190,531, 11.8% versus April 2023
Toronto C02 focus
Annex, Yonge-St. Clair, Casa Loma, Wychwood
$1,757,994
+$16,474 +0.9% up $16,474, 0.9% versus April 2023
Toronto C13
Don Mills, Banbury, Parkwoods-Donalda, Victoria Village
$1,613,014
+$232,840 +16.9% up $232,840, 16.9% versus April 2023
Toronto C11 focus
Leaside, Thorncliffe Park, Flemingdon Park
$1,368,978
−$250,548 −15.5% down $250,548, 15.5% versus April 2023
Toronto C06
Bathurst Manor, Clanton Park
$1,336,112
+$287,645 +27.4% up $287,645, 27.4% versus April 2023
Toronto C07
Willowdale West, Newtonbrook West, Lansing-Westgate
$1,278,280
−$30,678 −2.3% down $30,678, 2.3% versus April 2023
Toronto C14
Willowdale East, Newtonbrook East
$1,180,363
−$11,187 −0.9% down $11,187, 0.9% versus April 2023
Toronto C10 focus
Davisville, Mount Pleasant East & West
$1,107,783
+$56,214 +5.3% up $56,214, 5.3% versus April 2023
Toronto C15
Bayview Village, Don Valley Village, Henry Farm, Hillcrest Village
$1,033,145
+$40,682 +4.1% up $40,682, 4.1% versus April 2023
Toronto C01 focus
Downtown, Waterfront, Kensington, Trinity-Bellwoods
$889,702
−$18,823 −2.1% down $18,823, 2.1% versus April 2023
Toronto C08 focus
St. Lawrence, Cabbagetown, Regent Park, Church-Yonge
$839,615
+$12,892 +1.6% up $12,892, 1.6% versus April 2023
Toronto E02
The Beaches, Woodbine Corridor, East End-Danforth
$1,536,342
−$27,190 −1.7% down $27,190, 1.7% versus April 2023
Toronto E03
Danforth Village-East York, Playter Estates, Crescent Town
$1,352,917
+$83,054 +6.5% up $83,054, 6.5% versus April 2023
Toronto E01
Riverdale, Leslieville, Greenwood-Coxwell
$1,315,518
−$15,737 −1.2% down $15,737, 1.2% versus April 2023
Toronto E06 focus
Birchcliffe-Cliffside, Oakridge
$1,183,680
+$38,373 +3.4% up $38,373, 3.4% versus April 2023
Toronto E10 focus
West Hill, Highland Creek, Centennial Scarborough
$1,055,831
−$1,432 −0.1% down $1,432, 0.1% versus April 2023
Toronto E05 focus
L'Amoreaux, Steeles, Tam O'Shanter-Sullivan
$999,318
+$47,312 +5.0% up $47,312, 5.0% versus April 2023
Toronto E08 focus
Cliffcrest, Guildwood, Scarborough Village, Eglinton East
$979,582
+$9,272 +1.0% up $9,272, 1.0% versus April 2023
Toronto E09 focus
Bendale, Woburn, Morningside
$954,717
+$75,022 +8.5% up $75,022, 8.5% versus April 2023
Toronto E04 focus
Clairlea-Birchmount, Dorset Park, Kennedy Park, Wexford-Maryvale
$939,520
+$34,643 +3.8% up $34,643, 3.8% versus April 2023
Toronto E11 focus
Malvern, Rouge
$887,726
+$53,981 +6.5% up $53,981, 6.5% versus April 2023
Toronto E07 focus
Agincourt, Milliken
$874,355
−$2,164 −0.2% down $2,164, 0.2% versus April 2023
35 areas
| Area | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Toronto C09 focus Rosedale-Moore Park | 37 | +13 +54.2% up 13, 54.2% versus April 2023 | $117.3M | $3,170,511 | +$935,126 +41.8% up $935,126, 41.8% versus April 2023 | $2,250,015 | 49 | 43 | 99% | 19 | 35 | 75.5% | 1.2 |
| Toronto C12 Bridle Path, York Mills, St. Andrew-Windfields | 38 | +16 +72.7% up 16, 72.7% versus April 2023 | $113.5M | $2,987,264 | +$28,882 +1.0% up $28,882, 1.0% versus April 2023 | $2,675,000 | 81 | 110 | 99% | 20 | 32 | 46.9% | 2.9 |
| Toronto C04 focus Forest Hill North, Lawrence Park South, Bedford Park | 107 | +27 +33.8% up 27, 33.8% versus April 2023 | $263.5M | $2,462,174 | +$283,386 +13.0% up $283,386, 13.0% versus April 2023 | $2,295,900 | 159 | 116 | 102% | 14 | 23 | 67.3% | 1.1 |
| Toronto C03 focus Forest Hill South, Humewood-Cedarvale, Oakwood | 54 | +10 +22.7% up 10, 22.7% versus April 2023 | $97.4M | $1,804,180 | +$190,531 +11.8% up $190,531, 11.8% versus April 2023 | $1,528,518 | 126 | 114 | 103% | 17 | 20 | 42.9% | 2.1 |
| Toronto C02 focus Annex, Yonge-St. Clair, Casa Loma, Wychwood | 99 | +28 +39.4% up 28, 39.4% versus April 2023 | $174.0M | $1,757,994 | +$16,474 +0.9% up $16,474, 0.9% versus April 2023 | $1,250,000 | 200 | 243 | 98% | 19 | 33 | 49.5% | 2.5 |
| Toronto C13 Don Mills, Banbury, Parkwoods-Donalda, Victoria Village | 80 | +26 +48.1% up 26, 48.1% versus April 2023 | $129.0M | $1,613,014 | +$232,840 +16.9% up $232,840, 16.9% versus April 2023 | $982,500 | 111 | 95 | 102% | 17 | 20 | 72.1% | 1.2 |
| Toronto E02 The Beaches, Woodbine Corridor, East End-Danforth | 65 | +21 +47.7% up 21, 47.7% versus April 2023 | $99.9M | $1,536,342 | −$27,190 −1.7% down $27,190, 1.7% versus April 2023 | $1,465,000 | 115 | 75 | 111% | 15 | 16 | 56.5% | 1.1 |
| Toronto W07 Sunnylea, Stonegate-Queensway | 32 | +4 +14.3% up 4, 14.3% versus April 2023 | $46.2M | $1,445,003 | +$126,279 +9.6% up $126,279, 9.6% versus April 2023 | $1,370,000 | 54 | 37 | 102% | 21 | 25 | 59.3% | 1.2 |
| Toronto W02 Bloor West Village, The Junction, Runnymede | 89 | +33 +58.9% up 33, 58.9% versus April 2023 | $126.9M | $1,425,969 | +$60,522 +4.4% up $60,522, 4.4% versus April 2023 | $1,330,000 | 149 | 100 | 108% | 13 | 20 | 59.7% | 1.1 |
| Toronto W01 High Park, Roncesvalles, Swansea, Parkdale | 57 | −1 −1.7% down 1, 1.7% versus April 2023 | $80.9M | $1,418,976 | +$222,677 +18.6% up $222,677, 18.6% versus April 2023 | $1,409,000 | 98 | 81 | 108% | 16 | 20 | 58.2% | 1.4 |
| Toronto C11 focus Leaside, Thorncliffe Park, Flemingdon Park | 48 | +15 +45.5% up 15, 45.5% versus April 2023 | $65.7M | $1,368,978 | −$250,548 −15.5% down $250,548, 15.5% versus April 2023 | $751,000 | 76 | 62 | 103% | 18 | 25 | 63.2% | 1.3 |
| Toronto E03 Danforth Village-East York, Playter Estates, Crescent Town | 91 | +25 +37.9% up 25, 37.9% versus April 2023 | $123.1M | $1,352,917 | +$83,054 +6.5% up $83,054, 6.5% versus April 2023 | $1,316,000 | 159 | 97 | 113% | 12 | 15 | 57.2% | 1.1 |
| Toronto C06 Bathurst Manor, Clanton Park | 46 | +16 +53.3% up 16, 53.3% versus April 2023 | $61.5M | $1,336,112 | +$287,645 +27.4% up $287,645, 27.4% versus April 2023 | $1,247,500 | 92 | 97 | 104% | 19 | 29 | 50.0% | 2.1 |
| Toronto E01 Riverdale, Leslieville, Greenwood-Coxwell | 93 | +26 +38.8% up 26, 38.8% versus April 2023 | $122.3M | $1,315,518 | −$15,737 −1.2% down $15,737, 1.2% versus April 2023 | $1,207,000 | 129 | 64 | 114% | 10 | 14 | 72.1% | 0.7 |
| Toronto C07 Willowdale West, Newtonbrook West, Lansing-Westgate | 114 | +21 +22.6% up 21, 22.6% versus April 2023 | $145.7M | $1,278,280 | −$30,678 −2.3% down $30,678, 2.3% versus April 2023 | $857,000 | 198 | 171 | 103% | 13 | 16 | 57.6% | 1.5 |
| Toronto E06 focus Birchcliffe-Cliffside, Oakridge | 41 | +13 +46.4% up 13, 46.4% versus April 2023 | $48.5M | $1,183,680 | +$38,373 +3.4% up $38,373, 3.4% versus April 2023 | $1,013,000 | 87 | 66 | 109% | 12 | 20 | 47.1% | 1.6 |
| Toronto C14 Willowdale East, Newtonbrook East | 109 | −8 −6.8% down 8, 6.8% versus April 2023 | $128.7M | $1,180,363 | −$11,187 −0.9% down $11,187, 0.9% versus April 2023 | $820,000 | 186 | 170 | 104% | 18 | 24 | 58.6% | 1.6 |
| Toronto W08 Kingsway, Islington-City Centre West, Humber Valley | 167 | +24 +16.8% up 24, 16.8% versus April 2023 | $194.9M | $1,166,990 | +$111,635 +10.6% up $111,635, 10.6% versus April 2023 | $860,000 | 255 | 221 | 102% | 17 | 28 | 65.5% | 1.3 |
| Toronto C10 focus Davisville, Mount Pleasant East & West | 107 | +24 +28.9% up 24, 28.9% versus April 2023 | $118.5M | $1,107,783 | +$56,214 +5.3% up $56,214, 5.3% versus April 2023 | $765,000 | 154 | 121 | 104% | 16 | 23 | 69.5% | 1.1 |
| Toronto W09 Kingsview Village, Willowridge-Martingrove | 35 | no change no change versus April 2023 | $37.4M | $1,069,166 | +$19,600 +1.9% up $19,600, 1.9% versus April 2023 | $990,000 | 61 | 56 | 108% | 10 | 17 | 57.4% | 1.6 |
| Toronto W03 Rockcliffe-Smythe, Keelesdale, Weston-Pellam Park | 67 | +14 +26.4% up 14, 26.4% versus April 2023 | $71.2M | $1,062,263 | +$35,849 +3.5% up $35,849, 3.5% versus April 2023 | $1,027,500 | 103 | 81 | 110% | 14 | 22 | 65.0% | 1.2 |
| Toronto E10 focus West Hill, Highland Creek, Centennial Scarborough | 54 | no change no change versus April 2023 | $57.0M | $1,055,831 | −$1,432 −0.1% down $1,432, 0.1% versus April 2023 | $1,097,500 | 87 | 71 | 107% | 9 | 16 | 62.1% | 1.3 |
| Toronto C15 Bayview Village, Don Valley Village, Henry Farm, Hillcrest Village | 145 | −4 −2.7% down 4, 2.7% versus April 2023 | $149.8M | $1,033,145 | +$40,682 +4.1% up $40,682, 4.1% versus April 2023 | $825,000 | 248 | 188 | 106% | 15 | 20 | 58.5% | 1.3 |
| Toronto E05 focus L'Amoreaux, Steeles, Tam O'Shanter-Sullivan | 68 | −5 −6.8% down 5, 6.8% versus April 2023 | $68.0M | $999,318 | +$47,312 +5.0% up $47,312, 5.0% versus April 2023 | $870,000 | 102 | 78 | 109% | 11 | 13 | 66.7% | 1.1 |
| Toronto E08 focus Cliffcrest, Guildwood, Scarborough Village, Eglinton East | 52 | +1 +2.0% up 1, 2.0% versus April 2023 | $50.9M | $979,582 | +$9,272 +1.0% up $9,272, 1.0% versus April 2023 | $922,944 | 118 | 105 | 107% | 13 | 15 | 44.1% | 2.0 |
| Toronto W06 Mimico, New Toronto, Long Branch, Alderwood | 154 | +51 +49.5% up 51, 49.5% versus April 2023 | $149.6M | $971,644 | −$62,721 −6.1% down $62,721, 6.1% versus April 2023 | $847,500 | 256 | 220 | 102% | 15 | 22 | 60.2% | 1.4 |
| Toronto W04 Weston, Mount Dennis, Yorkdale-Glen Park | 94 | +22 +30.6% up 22, 30.6% versus April 2023 | $90.1M | $958,861 | +$117,633 +14.0% up $117,633, 14.0% versus April 2023 | $900,000 | 144 | 139 | 102% | 19 | 27 | 65.3% | 1.5 |
| Toronto E09 focus Bendale, Woburn, Morningside | 78 | +3 +4.0% up 3, 4.0% versus April 2023 | $74.5M | $954,717 | +$75,022 +8.5% up $75,022, 8.5% versus April 2023 | $1,030,000 | 110 | 63 | 111% | 13 | 17 | 70.9% | 0.8 |
| Toronto E04 focus Clairlea-Birchmount, Dorset Park, Kennedy Park, Wexford-Maryvale | 81 | +12 +17.4% up 12, 17.4% versus April 2023 | $76.1M | $939,520 | +$34,643 +3.8% up $34,643, 3.8% versus April 2023 | $1,020,000 | 121 | 72 | 111% | 12 | 18 | 66.9% | 0.9 |
| Toronto C01 focus Downtown, Waterfront, Kensington, Trinity-Bellwoods | 435 | +55 +14.5% up 55, 14.5% versus April 2023 | $387.0M | $889,702 | −$18,823 −2.1% down $18,823, 2.1% versus April 2023 | $780,000 | 899 | 882 | 103% | 17 | 25 | 48.4% | 2.0 |
| Toronto E11 focus Malvern, Rouge | 65 | +21 +47.7% up 21, 47.7% versus April 2023 | $57.7M | $887,726 | +$53,981 +6.5% up $53,981, 6.5% versus April 2023 | $880,000 | 115 | 78 | 110% | 10 | 14 | 56.5% | 1.2 |
| Toronto E07 focus Agincourt, Milliken | 69 | −6 −8.0% down 6, 8.0% versus April 2023 | $60.3M | $874,355 | −$2,164 −0.2% down $2,164, 0.2% versus April 2023 | $650,000 | 101 | 63 | 112% | 13 | 19 | 68.3% | 0.9 |
| Toronto C08 focus St. Lawrence, Cabbagetown, Regent Park, Church-Yonge | 249 | +41 +19.7% up 41, 19.7% versus April 2023 | $209.1M | $839,615 | +$12,892 +1.6% up $12,892, 1.6% versus April 2023 | $725,000 | 532 | 521 | 101% | 17 | 26 | 46.8% | 2.1 |
| Toronto W05 Downsview, Black Creek, York University Heights | 105 | +12 +12.9% up 12, 12.9% versus April 2023 | $87.0M | $828,766 | −$35,509 −4.1% down $35,509, 4.1% versus April 2023 | $779,000 | 168 | 174 | 103% | 22 | 27 | 62.5% | 1.7 |
| Toronto W10 Rexdale, West Humber-Clairville, Thistletown | 60 | no change no change versus April 2023 | $48.8M | $813,146 | −$27,822 −3.3% down $27,822, 3.3% versus April 2023 | $723,500 | 91 | 75 | 105% | 19 | 25 | 65.9% | 1.3 |