Source: TRREB MarketWatch, December 2023

By home type

December 2023

All TRREB areas

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 3,444 −792 −18.7% down 792, 18.7% versus November 2023 $3.74B $1,084,692 +$2,513 +0.2% up $2,513, 0.2% versus November 2023 $908,750 3,886 10,370 97% 32 49 88.6% 3.0
Detached 1,521 −360 −19.1% down 360, 19.1% versus November 2023 $2.16B $1,418,323 +$14,823 +1.1% up $14,823, 1.1% versus November 2023 $1,200,000 1,527 3,906 96% 31 99.6% 2.6
Semi-detached 324 −80 −19.8% down 80, 19.8% versus November 2023 $332.9M $1,027,432 −$33,397 −3.1% down $33,397, 3.1% versus November 2023 $935,000 225 395 98% 27 144.0% 1.2
Att/row/townhouse 369 +6 +1.7% up 6, 1.7% versus November 2023 $367.6M $996,162 +$11,805 +1.2% up $11,805, 1.2% versus November 2023 $900,000 367 636 98% 29 100.5% 1.7
Condo townhouse 254 −79 −23.7% down 79, 23.7% versus November 2023 $200.8M $790,721 +$12,319 +1.6% up $12,319, 1.6% versus November 2023 $721,750 318 838 98% 33 79.9% 3.3
Condo apartment 944 −268 −22.1% down 268, 22.1% versus November 2023 $644.3M $682,525 −$27,976 −3.9% down $27,976, 3.9% versus November 2023 $615,000 1,418 4,521 97% 36 66.6% 4.8
Link 20 −6 −23.1% down 6, 23.1% versus November 2023 $21.5M $1,076,341 +$144,845 +15.5% up $144,845, 15.5% versus November 2023 $1,144,909 17 17 99% 25 117.7% 0.8
Co-op apartment 9 +3 +50.0% up 3, 50.0% versus November 2023 $9.7M $1,076,667 +$453,334 +72.7% up $453,334, 72.7% versus November 2023 $770,000 8 26 98% 31 112.5% 2.9
Detached condo low sample 1 −8 −88.9% down 8, 88.9% versus November 2023 $649K $649,000 −$367,111 −36.1% down $367,111, 36.1% versus November 2023 $649,000 2 16 100% 27 50.0% 16.0
Co-ownership apartment low sample 2 no change no change versus November 2023 $926K $463,000 +$67,000 +16.9% up $67,000, 16.9% versus November 2023 $463,000 4 15 97% 49 50.0% 7.5

City of Toronto (416)

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 1,266 −341 −21.2% down 341, 21.2% versus November 2023 $1.35B $1,062,914 +$11,734 +1.1% up $11,734, 1.1% versus November 2023 $847,675 1,517 4,410 97% 33 51 83.5% 3.5
Detached 371 −90 −19.5% down 90, 19.5% versus November 2023 $603.6M $1,626,980 +$9,062 +0.6% up $9,062, 0.6% versus November 2023 $1,250,000 318 802 97% 31 116.7% 2.2
Semi-detached 128 −40 −23.8% down 40, 23.8% versus November 2023 $150.2M $1,173,171 −$44,640 −3.7% down $44,640, 3.7% versus November 2023 $1,000,000 83 138 98% 28 154.2% 1.1
Att/row/townhouse 40 −7 −14.9% down 7, 14.9% versus November 2023 $56.7M $1,418,575 +$314,735 +28.5% up $314,735, 28.5% versus November 2023 $1,137,500 45 77 95% 35 88.9% 1.9
Condo townhouse 72 −21 −22.6% down 21, 22.6% versus November 2023 $66.6M $925,217 +$34,395 +3.9% up $34,395, 3.9% versus November 2023 $745,000 102 318 97% 35 70.6% 4.4
Condo apartment 641 −184 −22.3% down 184, 22.3% versus November 2023 $454.7M $709,283 −$10,997 −1.5% down $10,997, 1.5% versus November 2023 $630,000 958 3,035 97% 35 66.9% 4.7
Link low sample 3 −3 −50.0% down 3, 50.0% versus November 2023 $3.2M $1,082,667 +$136,334 +14.4% up $136,334, 14.4% versus November 2023 $1,060,000 0 0 100% 23 0.0
Co-op apartment 9 +4 +80.0% up 4, 80.0% versus November 2023 $9.7M $1,076,667 +$403,667 +60.0% up $403,667, 60.0% versus November 2023 $770,000 7 24 98% 31 128.6% 2.7
Detached condo n/a not available, prior month not on file versus November 2023 n/a not available, prior month not on file versus November 2023
Co-ownership apartment low sample 2 no change no change versus November 2023 $926K $463,000 +$67,000 +16.9% up $67,000, 16.9% versus November 2023 $463,000 4 14 97% 49 50.0% 7.0

905 total

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 2,178 −451 −17.2% down 451, 17.2% versus November 2023 $2.39B $1,097,351 −$3,776 −0.3% down $3,776, 0.3% versus November 2023 2,369 5,960 91.9% 2.7
Detached 1,150 −270 −19.0% down 270, 19.0% versus November 2023 $1.55B $1,351,009 +$17,120 +1.3% up $17,120, 1.3% versus November 2023 1,209 3,104 95.1% 2.7
Semi-detached 196 −40 −16.9% down 40, 16.9% versus November 2023 $182.7M $932,255 −$16,825 −1.8% down $16,825, 1.8% versus November 2023 142 257 138.0% 1.3
Att/row/townhouse 329 +13 +4.1% up 13, 4.1% versus November 2023 $310.8M $944,805 −$21,780 −2.3% down $21,780, 2.3% versus November 2023 322 559 102.2% 1.7
Condo townhouse 182 −58 −24.2% down 58, 24.2% versus November 2023 $134.2M $737,514 +$2,674 +0.4% up $2,674, 0.4% versus November 2023 216 520 84.3% 2.9
Condo apartment 303 −84 −21.7% down 84, 21.7% versus November 2023 $189.7M $625,918 −$63,736 −9.2% down $63,736, 9.2% versus November 2023 460 1,486 65.9% 4.9
Link 17 −3 −15.0% down 3, 15.0% versus November 2023 $18.3M $1,075,225 +$148,180 +16.0% up $148,180, 16.0% versus November 2023 17 17 100.0% 1.0
Co-op apartment low sample 0 −1 −100.0% down 1, 100.0% versus November 2023 $0 n/a not available, prior month not on file versus November 2023 1 2 0.0%
Detached condo n/a not available, prior month not on file versus November 2023 n/a not available, prior month not on file versus November 2023
Co-ownership apartment low sample 0 no change no change versus November 2023 $0 n/a not available, prior month not on file versus November 2023 0 1

Trends

All TRREB areas · 13 months to December 2023

Average price

Average price by home type over the 13 months ending December 2023.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Dec '23 14183231027432996162790721682525

Sales

Sales by home type over the 13 months ending December 2023.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Dec '23 1521324369254944

Sales-to-new-listings

Sales-to-new-listings ratio by home type over the 13 months ending December 2023.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Dec '23 99.60707269155206144100.544959128065479.8742138364779966.57263751763047

Average price change, month-over-month

  • Detached +1.1% up 1.1% versus November 2023
  • Semi-detached −3.1% down 3.1% versus November 2023
  • Att/row/townhouse +1.2% up 1.2% versus November 2023
  • Condo townhouse +1.6% up 1.6% versus November 2023
  • Condo apartment −3.9% down 3.9% versus November 2023

Year to date

Home typeSales$ volumeAverageMedian
All home types 65,982 $74.34B $1,126,604 $970,000
Detached
Semi-detached
Att/row/townhouse
Condo townhouse
Condo apartment
Link
Co-op apartment
Detached condo
Co-ownership apartment