Source: TRREB MarketWatch, February 2024

By home type

February 2024

All TRREB areas

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 5,607 +1,384 +32.8% up 1,384, 32.8% versus January 2024 $6.22B $1,108,720 +$82,017 +8.0% up $82,017, 8.0% versus January 2024 $970,000 11,396 11,102 101% 25 37 49.2% 2.0
Detached 2,495 +750 +43.0% up 750, 43.0% versus January 2024 $3.60B $1,443,612 +$92,784 +6.9% up $92,784, 6.9% versus January 2024 $1,288,000 4,853 3,882 100% 22 51.4% 1.6
Semi-detached 463 +120 +35.0% up 120, 35.0% versus January 2024 $520.4M $1,123,896 +$85,593 +8.2% up $85,593, 8.2% versus January 2024 $1,050,000 733 361 105% 20 63.2% 0.8
Att/row/townhouse 554 +112 +25.3% up 112, 25.3% versus January 2024 $572.8M $1,034,011 +$70,507 +7.3% up $70,507, 7.3% versus January 2024 $965,000 1,016 621 103% 19 54.5% 1.1
Condo townhouse 462 +139 +43.0% up 139, 43.0% versus January 2024 $376.3M $814,412 +$21,578 +2.7% up $21,578, 2.7% versus January 2024 $763,500 913 985 101% 28 50.6% 2.1
Condo apartment 1,586 +251 +18.8% up 251, 18.8% versus January 2024 $1.10B $695,345 +$13,366 +2.0% up $13,366, 2.0% versus January 2024 $630,000 3,793 5,172 99% 32 41.8% 3.3
Link 27 +5 +22.7% up 5, 22.7% versus January 2024 $27.6M $1,022,707 −$22,329 −2.1% down $22,329, 2.1% versus January 2024 $974,500 44 17 103% 10 61.4% 0.6
Co-op apartment 9 +5 +125.0% up 5, 125.0% versus January 2024 $6.0M $665,111 +$245,986 +58.7% up $245,986, 58.7% versus January 2024 $517,000 20 30 104% 37 45.0% 3.3
Detached condo 6 +1 +20.0% up 1, 20.0% versus January 2024 $6.5M $1,078,333 +$427,333 +65.6% up $427,333, 65.6% versus January 2024 $1,100,000 19 20 97% 26 31.6% 3.3
Co-ownership apartment 5 +1 +25.0% up 1, 25.0% versus January 2024 $2.4M $485,800 −$42,450 −8.0% down $42,450, 8.0% versus January 2024 $415,000 5 14 99% 29 100.0% 2.8

City of Toronto (416)

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 1,971 +499 +33.9% up 499, 33.9% versus January 2024 $2.11B $1,072,528 +$112,613 +11.7% up $112,613, 11.7% versus January 2024 $875,000 4,347 5,017 101% 26 39 45.3% 2.5
Detached 568 +226 +66.1% up 226, 66.1% versus January 2024 $941.2M $1,657,026 +$86,506 +5.5% up $86,506, 5.5% versus January 2024 $1,349,500 1,084 807 102% 20 52.4% 1.4
Semi-detached 181 +75 +70.8% up 75, 70.8% versus January 2024 $238.9M $1,319,884 +$120,353 +10.0% up $120,353, 10.0% versus January 2024 $1,212,893 278 147 107% 21 65.1% 0.8
Att/row/townhouse 59 +22 +59.5% up 22, 59.5% versus January 2024 $70.4M $1,193,879 +$164,114 +15.9% up $164,114, 15.9% versus January 2024 $1,035,000 116 91 102% 23 50.9% 1.5
Condo townhouse 131 +37 +39.4% up 37, 39.4% versus January 2024 $114.0M $870,571 +$28,189 +3.3% up $28,189, 3.3% versus January 2024 $815,000 304 356 101% 32 43.1% 2.7
Condo apartment 1,014 +131 +14.8% up 131, 14.8% versus January 2024 $736.8M $726,608 +$17,189 +2.4% up $17,189, 2.4% versus January 2024 $645,000 2,534 3,572 99% 30 40.0% 3.5
Link low sample 4 +3 +300.0% up 3, 300.0% versus January 2024 $4.2M $1,046,125 −$153,875 −12.8% down $153,875, 12.8% versus January 2024 $1,035,250 7 3 99% 12 57.1% 0.8
Co-op apartment 9 +5 +125.0% up 5, 125.0% versus January 2024 $6.0M $665,111 +$245,986 +58.7% up $245,986, 58.7% versus January 2024 $517,000 20 29 104% 37 45.0% 3.2
Detached condo n/a not available, prior month not on file versus January 2024 n/a not available, prior month not on file versus January 2024
Co-ownership apartment 5 +1 +25.0% up 1, 25.0% versus January 2024 $2.4M $485,800 −$42,450 −8.0% down $42,450, 8.0% versus January 2024 $415,000 4 12 99% 29 125.0% 2.4

905 total

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 3,636 +885 +32.2% up 885, 32.2% versus January 2024 $4.10B $1,128,338 +$65,899 +6.2% up $65,899, 6.2% versus January 2024 7,049 6,085 51.6% 1.7
Detached 1,927 +524 +37.3% up 524, 37.3% versus January 2024 $2.66B $1,380,706 +$83,430 +6.4% up $83,430, 6.4% versus January 2024 3,769 3,075 51.1% 1.6
Semi-detached 282 +45 +19.0% up 45, 19.0% versus January 2024 $281.5M $998,103 +$31,910 +3.3% up $31,910, 3.3% versus January 2024 455 214 62.0% 0.8
Att/row/townhouse 495 +90 +22.2% up 90, 22.2% versus January 2024 $502.4M $1,014,956 +$57,506 +6.0% up $57,506, 6.0% versus January 2024 900 530 55.0% 1.1
Condo townhouse 331 +102 +44.5% up 102, 44.5% versus January 2024 $262.2M $792,186 +$19,690 +2.5% up $19,690, 2.5% versus January 2024 609 629 54.4% 1.9
Condo apartment 572 +120 +26.5% up 120, 26.5% versus January 2024 $366.0M $639,924 +$11,549 +1.8% up $11,549, 1.8% versus January 2024 1,259 1,600 45.4% 2.8
Link 23 +2 +9.5% up 2, 9.5% versus January 2024 $23.4M $1,018,635 −$19,022 −1.8% down $19,022, 1.8% versus January 2024 37 14 62.2% 0.6
Co-op apartment low sample 0 no change no change versus January 2024 $0 n/a not available, prior month not on file versus January 2024 0 1
Detached condo n/a not available, prior month not on file versus January 2024 n/a not available, prior month not on file versus January 2024
Co-ownership apartment low sample 0 no change no change versus January 2024 $0 n/a not available, prior month not on file versus January 2024 1 2 0.0%

Trends

All TRREB areas · 13 months to February 2024

Average price

Average price by home type over the 13 months ending February 2024.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Jan '24 13508281038303963504792834681979
Feb '24 144361211238961034011814412695345

Sales

Sales by home type over the 13 months ending February 2024.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Jan '24 17453434423231335
Feb '24 24954635544621586

Sales-to-new-listings

Sales-to-new-listings ratio by home type over the 13 months ending February 2024.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Jan '24 53.808202281837872.6694915254237267.6875957120980249.3129770992366441.382517048977064
Feb '24 51.4114980424479763.1650750341064154.5275590551181150.60240963855421441.81386765093593

Average price change, month-over-month

  • Detached +6.9% up 6.9% versus January 2024
  • Semi-detached +8.2% up 8.2% versus January 2024
  • Att/row/townhouse +7.3% up 7.3% versus January 2024
  • Condo townhouse +2.7% up 2.7% versus January 2024
  • Condo apartment +2.0% up 2.0% versus January 2024

Year to date

Home typeSales$ volumeAverageMedian
All home types 9,817 $10.54B $1,073,348 $935,000
Detached
Semi-detached
Att/row/townhouse
Condo townhouse
Condo apartment
Link
Co-op apartment
Detached condo
Co-ownership apartment