Source: TRREB MarketWatch, November 2023

By home type

November 2023

All TRREB areas

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 4,236 −410 −8.8% down 410, 8.8% versus October 2023 $4.58B $1,082,179 −$43,749 −3.9% down $43,749, 3.9% versus October 2023 $927,950 10,545 16,759 98% 25 39 40.2% 4.0
Detached 1,881 −276 −12.8% down 276, 12.8% versus October 2023 $2.64B $1,403,500 −$46,612 −3.2% down $46,612, 3.2% versus October 2023 $1,225,000 4,350 6,834 97% 23 43.2% 3.6
Semi-detached 404 −24 −5.6% down 24, 5.6% versus October 2023 $428.6M $1,060,829 −$41,892 −3.8% down $41,892, 3.8% versus October 2023 $975,000 731 805 100% 20 55.3% 2.0
Att/row/townhouse 363 −39 −9.7% down 39, 9.7% versus October 2023 $357.3M $984,357 −$57,767 −5.5% down $57,767, 5.5% versus October 2023 $940,000 883 1,131 100% 22 41.1% 3.1
Condo townhouse 333 +9 +2.8% up 9, 2.8% versus October 2023 $259.2M $778,402 −$12,897 −1.6% down $12,897, 1.6% versus October 2023 $735,000 825 1,296 98% 27 40.4% 3.9
Condo apartment 1,212 −84 −6.5% down 84, 6.5% versus October 2023 $861.1M $710,501 +$1,721 +0.2% up $1,721, 0.2% versus October 2023 $626,000 3,666 6,579 98% 28 33.1% 5.4
Link 26 +2 +8.3% up 2, 8.3% versus October 2023 $24.2M $931,496 −$181,403 −16.3% down $181,403, 16.3% versus October 2023 $917,500 50 39 102% 22 52.0% 1.5
Co-op apartment 6 −2 −25.0% down 2, 25.0% versus October 2023 $3.7M $623,333 −$80,655 −11.5% down $80,655, 11.5% versus October 2023 $400,000 16 33 99% 48 37.5% 5.5
Detached condo 9 +5 +125.0% up 5, 125.0% versus October 2023 $9.1M $1,016,111 +$183,611 +22.1% up $183,611, 22.1% versus October 2023 $1,050,000 12 20 96% 33 75.0% 2.2
Co-ownership apartment low sample 2 −1 −33.3% down 1, 33.3% versus October 2023 $792K $396,000 −$150,333 −27.5% down $150,333, 27.5% versus October 2023 $396,000 12 22 96% 49 16.7% 11.0

City of Toronto (416)

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 1,607 −229 −12.5% down 229, 12.5% versus October 2023 $1.69B $1,051,180 −$76,455 −6.8% down $76,455, 6.8% versus October 2023 $850,000 4,184 6,998 98% 25 39 38.4% 4.3
Detached 461 −125 −21.3% down 125, 21.3% versus October 2023 $745.9M $1,617,918 −$100,522 −5.8% down $100,522, 5.8% versus October 2023 $1,250,000 996 1,485 98% 22 46.3% 3.2
Semi-detached 168 −26 −13.4% down 26, 13.4% versus October 2023 $204.6M $1,217,811 −$60,536 −4.7% down $60,536, 4.7% versus October 2023 $1,059,000 278 318 100% 19 60.4% 1.9
Att/row/townhouse 47 −14 −23.0% down 14, 23.0% versus October 2023 $51.9M $1,103,840 −$226,932 −17.1% down $226,932, 17.1% versus October 2023 $1,090,000 106 144 101% 21 44.3% 3.1
Condo townhouse 93 −8 −7.9% down 8, 7.9% versus October 2023 $82.8M $890,822 +$63,178 +7.6% up $63,178, 7.6% versus October 2023 $796,000 298 488 99% 25 31.2% 5.3
Condo apartment 825 −58 −6.6% down 58, 6.6% versus October 2023 $594.2M $720,280 −$8,880 −1.2% down $8,880, 1.2% versus October 2023 $637,000 2,472 4,505 98% 28 33.4% 5.5
Link 6 n/a not available, prior month not on file versus October 2023 $5.7M $946,333 n/a not available, prior month not on file versus October 2023 $960,000 7 3 104% 13 85.7% 0.5
Co-op apartment 5 −2 −28.6% down 2, 28.6% versus October 2023 $3.4M $673,000 −$30,843 −4.4% down $30,843, 4.4% versus October 2023 $425,000 15 32 100% 54 33.3% 6.4
Detached condo n/a not available, prior month not on file versus October 2023 n/a not available, prior month not on file versus October 2023
Co-ownership apartment low sample 2 −1 −33.3% down 1, 33.3% versus October 2023 $792K $396,000 −$150,333 −27.5% down $150,333, 27.5% versus October 2023 $396,000 11 21 96% 49 18.2% 10.5

905 total

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 2,629 −181 −6.4% down 181, 6.4% versus October 2023 $2.89B $1,101,128 −$23,684 −2.1% down $23,684, 2.1% versus October 2023 6,361 9,761 41.3% 3.7
Detached 1,420 −151 −9.6% down 151, 9.6% versus October 2023 $1.89B $1,333,889 −$16,133 −1.2% down $16,133, 1.2% versus October 2023 3,354 5,349 42.3% 3.8
Semi-detached 236 +2 +0.9% up 2, 0.9% versus October 2023 $224.0M $949,079 −$8,038 −0.8% down $8,038, 0.8% versus October 2023 453 487 52.1% 2.1
Att/row/townhouse 316 −25 −7.3% down 25, 7.3% versus October 2023 $305.4M $966,585 −$23,903 −2.4% down $23,903, 2.4% versus October 2023 777 987 40.7% 3.1
Condo townhouse 240 +17 +7.6% up 17, 7.6% versus October 2023 $176.4M $734,840 −$39,998 −5.2% down $39,998, 5.2% versus October 2023 527 808 45.5% 3.4
Condo apartment 387 −26 −6.3% down 26, 6.3% versus October 2023 $266.9M $689,654 +$24,446 +3.7% up $24,446, 3.7% versus October 2023 1,194 2,074 32.4% 5.4
Link 20 n/a not available, prior month not on file versus October 2023 $18.5M $927,045 n/a not available, prior month not on file versus October 2023 43 36 46.5% 1.8
Co-op apartment low sample 1 no change no change versus October 2023 $375K $375,000 −$330,000 −46.8% down $330,000, 46.8% versus October 2023 1 1 100.0% 1.0
Detached condo n/a not available, prior month not on file versus October 2023 n/a not available, prior month not on file versus October 2023
Co-ownership apartment low sample 0 no change no change versus October 2023 $0 n/a not available, prior month not on file versus October 2023 1 1 0.0%

Trends

All TRREB areas · 13 months to November 2023

Average price

Average price by home type over the 13 months ending November 2023.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Nov '23 14035001060829984357778402710501

Sales

Sales by home type over the 13 months ending November 2023.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Nov '23 18814043633331212

Sales-to-new-listings

Sales-to-new-listings ratio by home type over the 13 months ending November 2023.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Nov '23 43.2413793103448355.2667578659370841.1098527746319440.3636363636363633.06055646481178

Average price change, month-over-month

  • Detached −3.2% down 3.2% versus October 2023
  • Semi-detached −3.8% down 3.8% versus October 2023
  • Att/row/townhouse −5.5% down 5.5% versus October 2023
  • Condo townhouse −1.6% down 1.6% versus October 2023
  • Condo apartment +0.2% up 0.2% versus October 2023

Year to date

Home typeSales$ volumeAverageMedian
All home types 62,575 $70.65B $1,129,018 $975,000
Detached
Semi-detached
Att/row/townhouse
Condo townhouse
Condo apartment
Link
Co-op apartment
Detached condo
Co-ownership apartment