Source: TRREB MarketWatch, October 2023

By home type

October 2023

All TRREB areas

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 4,646 +4 +0.1% up 4, 0.1% versus September 2023 $5.23B $1,125,928 +$6,500 +0.6% up $6,500, 0.6% versus September 2023 $959,500 14,397 19,540 99% 21 32 32.3% 4.2
Detached 2,157 +8 +0.4% up 8, 0.4% versus September 2023 $3.13B $1,450,112 +$9,326 +0.6% up $9,326, 0.6% versus September 2023 $1,250,000 6,446 8,535 99% 19 33.5% 4.0
Semi-detached 428 +26 +6.5% up 26, 6.5% versus September 2023 $472.0M $1,102,721 +$8,647 +0.8% up $8,647, 0.8% versus September 2023 $990,000 1,061 1,107 102% 16 40.3% 2.6
Att/row/townhouse 402 −16 −3.8% down 16, 3.8% versus September 2023 $418.9M $1,042,124 −$952 −0.1% down $952, 0.1% versus September 2023 $965,000 1,184 1,406 101% 19 34.0% 3.5
Condo townhouse 324 +1 +0.3% up 1, 0.3% versus September 2023 $256.4M $791,299 −$19,196 −2.4% down $19,196, 2.4% versus September 2023 $750,000 1,011 1,399 99% 25 32.0% 4.3
Condo apartment 1,296 −11 −0.8% down 11, 0.8% versus September 2023 $918.6M $708,780 +$1,715 +0.2% up $1,715, 0.2% versus September 2023 $640,000 4,588 6,959 98% 26 28.3% 5.4
Link 24 −3 −11.1% down 3, 11.1% versus September 2023 $26.7M $1,112,899 +$52,673 +5.0% up $52,673, 5.0% versus September 2023 $1,155,000 62 60 103% 17 38.7% 2.5
Co-op apartment 8 +4 +100.0% up 4, 100.0% versus September 2023 $5.6M $703,988 +$402,988 +133.9% up $402,988, 133.9% versus September 2023 $687,500 21 32 103% 22 38.1% 4.0
Detached condo low sample 4 −5 −55.6% down 5, 55.6% versus September 2023 $3.3M $832,500 +$24,778 +3.1% up $24,778, 3.1% versus September 2023 $990,000 15 24 95% 27 26.7% 6.0
Co-ownership apartment low sample 3 no change no change versus September 2023 $1.6M $546,333 +$116,333 +27.1% up $116,333, 27.1% versus September 2023 $460,000 9 18 103% 29 33.3% 6.0

City of Toronto (416)

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 1,836 +92 +5.3% up 92, 5.3% versus September 2023 $2.07B $1,127,635 +$8,183 +0.7% up $8,183, 0.7% versus September 2023 $881,833 5,669 7,907 100% 21 32 32.4% 4.3
Detached 586 +37 +6.7% up 37, 6.7% versus September 2023 $1.01B $1,718,440 −$5,567 −0.3% down $5,567, 0.3% versus September 2023 $1,323,950 1,469 1,884 100% 17 39.9% 3.2
Semi-detached 194 +34 +21.3% up 34, 21.3% versus September 2023 $248.0M $1,278,347 −$3,609 −0.3% down $3,609, 0.3% versus September 2023 $1,127,500 456 454 103% 13 42.5% 2.3
Att/row/townhouse 61 −7 −10.3% down 7, 10.3% versus September 2023 $81.2M $1,330,772 +$103,005 +8.4% up $103,005, 8.4% versus September 2023 $1,230,000 181 190 100% 20 33.7% 3.1
Condo townhouse 101 −7 −6.5% down 7, 6.5% versus September 2023 $83.6M $827,644 −$16,429 −1.9% down $16,429, 1.9% versus September 2023 $760,000 336 500 100% 26 30.1% 5.0
Condo apartment 883 +33 +3.9% up 33, 3.9% versus September 2023 $643.8M $729,160 −$2,946 −0.4% down $2,946, 0.4% versus September 2023 $650,000 3,193 4,825 99% 25 27.6% 5.5
Link n/a not available, prior month not on file versus September 2023 n/a not available, prior month not on file versus September 2023
Co-op apartment 7 +3 +75.0% up 3, 75.0% versus September 2023 $4.9M $703,843 +$402,843 +133.8% up $402,843, 133.8% versus September 2023 $685,000 21 30 105% 22 33.3% 4.3
Detached condo low sample 1 no change no change versus September 2023 $150K $150,000 −$100,000 −40.0% down $100,000, 40.0% versus September 2023 $150,000 0 2 94% 34 2.0
Co-ownership apartment low sample 3 no change no change versus September 2023 $1.6M $546,333 +$116,333 +27.1% up $116,333, 27.1% versus September 2023 $460,000 9 18 103% 29 33.3% 6.0

905 total

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 2,810 −88 −3.0% down 88, 3.0% versus September 2023 $3.16B $1,124,812 +$5,398 +0.5% up $5,398, 0.5% versus September 2023 8,728 11,633 32.2% 4.1
Detached 1,571 −29 −1.8% down 29, 1.8% versus September 2023 $2.12B $1,350,022 +$6,416 +0.5% up $6,416, 0.5% versus September 2023 4,977 6,651 31.6% 4.2
Semi-detached 234 −8 −3.3% down 8, 3.3% versus September 2023 $224.0M $957,117 −$12,738 −1.3% down $12,738, 1.3% versus September 2023 605 653 38.7% 2.8
Att/row/townhouse 341 −9 −2.6% down 9, 2.6% versus September 2023 $337.8M $990,489 −$16,705 −1.7% down $16,705, 1.7% versus September 2023 1,003 1,216 34.0% 3.6
Condo townhouse 223 +8 +3.7% up 8, 3.7% versus September 2023 $172.8M $774,838 −$18,790 −2.4% down $18,790, 2.4% versus September 2023 675 899 33.0% 4.0
Condo apartment 413 −44 −9.6% down 44, 9.6% versus September 2023 $274.7M $665,208 +$4,717 +0.7% up $4,717, 0.7% versus September 2023 1,395 2,134 29.6% 5.2
Link n/a not available, prior month not on file versus September 2023 n/a not available, prior month not on file versus September 2023
Co-op apartment low sample 1 +1 up 1 versus September 2023 $705K $705,000 n/a not available, prior month not on file versus September 2023 0 2 2.0
Detached condo low sample 3 −5 −62.5% down 5, 62.5% versus September 2023 $3.2M $1,060,000 +$182,563 +20.8% up $182,563, 20.8% versus September 2023 15 22 20.0% 7.3
Co-ownership apartment low sample 0 no change no change versus September 2023 $0 n/a not available, prior month not on file versus September 2023 0 0

Trends

All TRREB areas · 13 months to October 2023

Average price

Average price by home type over the 13 months ending October 2023.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Oct '22 137243810793931023934802969716515
Nov '22 13901621039200993557799029708636
Dec '22 13845861009479954312772038705659
Jan '23 13418481019668976500776698687696
Feb '23 143973510692661050342785448705472
Mar '23 146865110879241036571813036703566
Apr '23 148925811355991093560868997724118
May '23 155656611981851117696868318748483
Jun '23 153099712148721087967851497739395
Jul '23 142725711018761032117873859735171
Aug '23 141636610679801022680837863705572
Sep '23 144078610940741043076810495707065
Oct '23 145011211027211042124791299708780

Sales

Sales by home type over the 13 months ending October 2023.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Oct '22 23004464353871338
Nov '22 20563864033711289
Dec '22 1352238266258966
Jan '23 1384240277222950
Feb '23 20753994633581455
Mar '23 30005566405272121
Apr '23 34486306415882160
May '23 40497878247002568
Jun '23 33776786645692122
Jul '23 23784454544201505
Aug '23 22644464964401609
Sep '23 21494024183231307
Oct '23 21574284023241296

Sales-to-new-listings

Sales-to-new-listings ratio by home type over the 13 months ending October 2023.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Oct '22 47.7475607224413561.17969821673525458.15508021390374450.1945525291828841.28355445850047
Nov '22 51.9979767324228763.3825944170771855.3571428571428656.46879756468797544.89724834552421
Dec '22 77.12492869366881.2286689419795284.1772151898734291.1660777385159169.39655172413794
Jan '23 42.1437271619975651.6129032258064546.3986599664991642.12523719165085434.45774392455568
Feb '23 56.9116840373011567.9727427597955770.7951070336391657.64895330112721452.020021451555245
Mar '23 60.3378921962992872.0207253886010469.8689956331877762.58907363420427658.916666666666664
Apr '23 65.1426412242584580.3571428571428668.4098185699039571.794871794871862.80895609188718
May '23 56.1425402107598467.5536480686695365.8673061550759464.102564102564158.89908256880734
Jun '23 45.4998652654271156.1723280861640548.823529411764747.45621351125938546.41294838145232
Jul '23 39.46887966804979443.20388349514562537.7389858686616841.7080436941410134.72542685740655
Aug '23 42.5324065376667348.531011969532143.1679721496953947.3627556512378941.330593372720266
Sep '23 28.78767582049564734.38836612489307530.91715976331361328.01387684301821726.17140568682419
Oct '23 33.4626124728513840.3393025447690833.952702702702732.04747774480712528.247602441150825

Average price change, month-over-month

  • Detached +0.6% up 0.6% versus September 2023
  • Semi-detached +0.8% up 0.8% versus September 2023
  • Att/row/townhouse −0.1% down 0.1% versus September 2023
  • Condo townhouse −2.4% down 2.4% versus September 2023
  • Condo apartment +0.2% up 0.2% versus September 2023

Year to date

Home typeSales$ volumeAverageMedian
All home types 58,367 $66.11B $1,132,681 $975,625
Detached
Semi-detached
Att/row/townhouse
Condo townhouse
Condo apartment
Link
Co-op apartment
Detached condo
Co-ownership apartment