Source: TRREB MarketWatch, May 2024

By home type

May 2024

All TRREB areas

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 7,013 −101 −1.4% down 101, 1.4% versus April 2024 $8.17B $1,165,691 +$9,524 +0.8% up $9,524, 0.8% versus April 2024 $992,000 18,612 21,760 102% 19 28 37.7% 3.1
Detached 3,238 +63 +2.0% up 63, 2.0% versus April 2024 $4.88B $1,506,675 −$9,395 −0.6% down $9,395, 0.6% versus April 2024 $1,309,000 8,463 9,335 101% 16 38.3% 2.9
Semi-detached 616 −4 −0.6% down 4, 0.6% versus April 2024 $723.1M $1,173,819 +$33,890 +3.0% up $33,890, 3.0% versus April 2024 $1,059,444 1,260 1,048 106% 13 48.9% 1.7
Att/row/townhouse 624 −31 −4.7% down 31, 4.7% versus April 2024 $649.0M $1,040,141 −$4,845 −0.5% down $4,845, 0.5% versus April 2024 $960,400 1,570 1,526 104% 16 39.8% 2.5
Condo townhouse 525 −49 −8.5% down 49, 8.5% versus April 2024 $439.2M $836,642 −$4,624 −0.5% down $4,624, 0.5% versus April 2024 $781,000 1,361 1,543 101% 21 38.6% 2.9
Condo apartment 1,942 −71 −3.5% down 71, 3.5% versus April 2024 $1.42B $730,815 +$2,748 +0.4% up $2,748, 0.4% versus April 2024 $640,000 5,844 8,183 99% 25 33.2% 4.2
Link 42 −11 −20.8% down 11, 20.8% versus April 2024 $45.2M $1,077,183 +$7,109 +0.7% up $7,109, 0.7% versus April 2024 $1,032,500 72 58 105% 12 58.3% 1.4
Co-op apartment 14 +5 +55.6% up 5, 55.6% versus April 2024 $10.8M $774,707 +$368,429 +90.7% up $368,429, 90.7% versus April 2024 $543,252 21 35 99% 37 66.7% 2.5
Detached condo 7 no change no change versus April 2024 $7.1M $1,009,500 −$73,357 −6.8% down $73,357, 6.8% versus April 2024 $825,000 17 19 99% 21 41.2% 2.7
Co-ownership apartment 5 −3 −37.5% down 3, 37.5% versus April 2024 $2.6M $524,558 +$50,870 +10.7% up $50,870, 10.7% versus April 2024 $463,900 4 13 98% 61 125.0% 2.6

City of Toronto (416)

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 2,701 +120 +4.6% up 120, 4.6% versus April 2024 $3.22B $1,193,202 +$41,002 +3.6% up $41,002, 3.6% versus April 2024 $948,000 7,360 9,029 103% 19 29 36.7% 3.3
Detached 851 +101 +13.5% up 101, 13.5% versus April 2024 $1.55B $1,826,370 +$4,126 +0.2% up $4,126, 0.2% versus April 2024 $1,480,000 2,008 2,032 104% 14 42.4% 2.4
Semi-detached 274 +34 +14.2% up 34, 14.2% versus April 2024 $388.1M $1,416,496 +$51,435 +3.8% up $51,435, 3.8% versus April 2024 $1,287,594 516 404 107% 13 53.1% 1.5
Att/row/townhouse 84 +5 +6.3% up 5, 6.3% versus April 2024 $111.1M $1,322,572 +$68,530 +5.5% up $68,530, 5.5% versus April 2024 $1,295,000 215 204 106% 15 39.1% 2.4
Condo townhouse 171 −11 −6.0% down 11, 6.0% versus April 2024 $155.3M $908,461 +$3,485 +0.4% up $3,485, 0.4% versus April 2024 $820,000 462 544 102% 23 37.0% 3.2
Condo apartment 1,297 −12 −0.9% down 12, 0.9% versus April 2024 $994.9M $767,064 +$147 +0.0% up $147, 0.0% versus April 2024 $650,000 4,131 5,798 99% 24 31.4% 4.5
Link 5 +1 +25.0% up 1, 25.0% versus April 2024 $5.2M $1,049,000 −$54,750 −5.0% down $54,750, 5.0% versus April 2024 $1,110,000 5 6 104% 19 100.0% 1.2
Co-op apartment 14 +5 +55.6% up 5, 55.6% versus April 2024 $10.8M $774,707 +$368,429 +90.7% up $368,429, 90.7% versus April 2024 $543,252 17 27 99% 37 82.3% 1.9
Detached condo low sample 1 n/a not available, prior month not on file versus April 2024 $765K $765,000 n/a not available, prior month not on file versus April 2024 $765,000 2 1 100% 1 50.0% 1.0
Co-ownership apartment low sample 4 −4 −50.0% down 4, 50.0% versus April 2024 $2.3M $574,447 +$100,759 +21.3% up $100,759, 21.3% versus April 2024 $466,394 4 13 98% 54 100.0% 3.3

905 total

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 4,312 −221 −4.9% down 221, 4.9% versus April 2024 $4.95B $1,148,458 −$9,967 −0.9% down $9,967, 0.9% versus April 2024 11,252 12,731 38.3% 3.0
Detached 2,387 −38 −1.6% down 38, 1.6% versus April 2024 $3.32B $1,392,699 −$28,678 −2.0% down $28,678, 2.0% versus April 2024 6,455 7,303 37.0% 3.1
Semi-detached 342 −38 −10.0% down 38, 10.0% versus April 2024 $335.0M $979,394 −$18,346 −1.8% down $18,346, 1.8% versus April 2024 744 644 46.0% 1.9
Att/row/townhouse 540 −36 −6.3% down 36, 6.3% versus April 2024 $538.0M $996,207 −$20,107 −2.0% down $20,107, 2.0% versus April 2024 1,355 1,322 39.9% 2.5
Condo townhouse 354 −38 −9.7% down 38, 9.7% versus April 2024 $283.9M $801,949 −$9,737 −1.2% down $9,737, 1.2% versus April 2024 899 999 39.4% 2.8
Condo apartment 645 −59 −8.4% down 59, 8.4% versus April 2024 $424.4M $657,925 +$2,095 +0.3% up $2,095, 0.3% versus April 2024 1,713 2,385 37.6% 3.7
Link 37 −12 −24.5% down 12, 24.5% versus April 2024 $40.0M $1,080,991 +$13,666 +1.3% up $13,666, 1.3% versus April 2024 67 52 55.2% 1.4
Co-op apartment low sample 0 no change no change versus April 2024 $0 n/a not available, prior month not on file versus April 2024 4 8 0.0%
Detached condo 6 n/a not available, prior month not on file versus April 2024 $6.3M $1,050,250 n/a not available, prior month not on file versus April 2024 15 18 40.0% 3.0
Co-ownership apartment low sample 1 +1 up 1 versus April 2024 $325K $325,000 n/a not available, prior month not on file versus April 2024 0 0 0.0

Trends

All TRREB areas · 13 months to May 2024

Average price

Average price by home type over the 13 months ending May 2024.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Mar '24 146639711216451039124821146700046
Apr '24 151607011399291044986841266728067
May '24 150667511738191040141836642730815

Sales

Sales by home type over the 13 months ending May 2024.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Mar '24 28935796435351842
Apr '24 31756206555742013
May '24 32386166245251942

Sales-to-new-listings

Sales-to-new-listings ratio by home type over the 13 months ending May 2024.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Mar '24 51.4768683274021463.2096069868995654.9572649572649652.6057030481809342.9170549860205
Apr '24 42.2207446808510655.0133096716947646.8526466380543647.1264367816091936.32262721039336
May '24 38.2606640671156848.88888888888888639.7452229299363138.5745775165319633.23066392881588

Average price change, month-over-month

  • Detached −0.6% down 0.6% versus April 2024
  • Semi-detached +3.0% up 3.0% versus April 2024
  • Att/row/townhouse −0.5% down 0.5% versus April 2024
  • Condo townhouse −0.5% down 0.5% versus April 2024
  • Condo apartment +0.4% up 0.4% versus April 2024

Year to date

Home typeSales$ volumeAverageMedian
All home types 30,414 $34.20B $1,124,358 $970,000
Detached
Semi-detached
Att/row/townhouse
Condo townhouse
Condo apartment
Link
Co-op apartment
Detached condo
Co-ownership apartment