Source: TRREB MarketWatch, November 2024

By home type

November 2024

All TRREB areas

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 5,875 −783 −11.8% down 783, 11.8% versus October 2024 $6.50B $1,106,050 −$29,165 −2.6% down $29,165, 2.6% versus October 2024 $945,000 11,592 21,818 99% 31 49 50.7% 3.7
Detached 2,669 −470 −15.0% down 470, 15.0% versus October 2024 $3.88B $1,452,518 −$10,320 −0.7% down $10,320, 0.7% versus October 2024 $1,250,000 4,871 9,107 98% 29 54.8% 3.4
Semi-detached 502 −110 −18.0% down 110, 18.0% versus October 2024 $540.8M $1,077,254 −$31,122 −2.8% down $31,122, 2.8% versus October 2024 $980,000 797 1,110 101% 24 63.0% 2.2
Att/row/townhouse 582 −99 −14.5% down 99, 14.5% versus October 2024 $578.7M $994,251 −$13,166 −1.3% down $13,166, 1.3% versus October 2024 $945,000 1,045 1,542 101% 28 55.7% 2.6
Condo townhouse 427 −15 −3.4% down 15, 3.4% versus October 2024 $321.7M $753,352 −$32,475 −4.1% down $32,475, 4.1% versus October 2024 $723,000 887 1,710 100% 32 48.1% 4.0
Condo apartment 1,640 −82 −4.8% down 82, 4.8% versus October 2024 $1.13B $689,599 −$4,439 −0.6% down $4,439, 0.6% versus October 2024 $615,000 3,918 8,209 98% 36 41.9% 5.0
Link 33 −6 −15.4% down 6, 15.4% versus October 2024 $33.8M $1,022,758 −$5,890 −0.6% down $5,890, 0.6% versus October 2024 $980,000 40 58 102% 23 82.5% 1.8
Co-op apartment 12 +2 +20.0% up 2, 20.0% versus October 2024 $8.9M $741,125 +$52,875 +7.7% up $52,875, 7.7% versus October 2024 $624,500 15 35 99% 47 80.0% 2.9
Detached condo 6 −4 −40.0% down 4, 40.0% versus October 2024 $4.9M $812,417 −$302,583 −27.1% down $302,583, 27.1% versus October 2024 $792,250 8 26 95% 37 75.0% 4.3
Co-ownership apartment low sample 4 +1 +33.3% up 1, 33.3% versus October 2024 $1.7M $424,750 −$48,483 −10.2% down $48,483, 10.2% versus October 2024 $425,000 11 21 97% 15 36.4% 5.3

City of Toronto (416)

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 2,236 −273 −10.9% down 273, 10.9% versus October 2024 $2.42B $1,080,167 −$85,493 −7.3% down $85,493, 7.3% versus October 2024 $840,000 4,360 8,662 99% 31 48 51.3% 3.9
Detached 681 −157 −18.7% down 157, 18.7% versus October 2024 $1.15B $1,695,939 −$82,916 −4.7% down $82,916, 4.7% versus October 2024 $1,330,000 1,101 1,971 98% 25 61.9% 2.9
Semi-detached 207 −56 −21.3% down 56, 21.3% versus October 2024 $258.5M $1,248,930 −$66,617 −5.1% down $66,617, 5.1% versus October 2024 $1,165,000 289 428 103% 21 71.6% 2.1
Att/row/townhouse 69 −33 −32.4% down 33, 32.4% versus October 2024 $80.5M $1,166,686 −$81,351 −6.5% down $81,351, 6.5% versus October 2024 $1,040,000 136 192 101% 23 50.7% 2.8
Condo townhouse 138 +16 +13.1% up 16, 13.1% versus October 2024 $106.7M $773,160 −$79,980 −9.4% down $79,980, 9.4% versus October 2024 $728,400 289 648 100% 33 47.8% 4.7
Condo apartment 1,127 −35 −3.0% down 35, 3.0% versus October 2024 $804.0M $713,364 −$8,002 −1.1% down $8,002, 1.1% versus October 2024 $625,000 2,518 5,359 98% 36 44.8% 4.8
Link low sample 2 −7 −77.8% down 7, 77.8% versus October 2024 $2.1M $1,032,500 −$85,111 −7.6% down $85,111, 7.6% versus October 2024 $1,032,500 6 14 105% 21 33.3% 7.0
Co-op apartment 8 −2 −20.0% down 2, 20.0% versus October 2024 $6.9M $858,563 +$170,313 +24.7% up $170,313, 24.7% versus October 2024 $693,750 10 28 100% 35 80.0% 3.5
Detached condo n/a not available, prior month not on file versus October 2024 n/a not available, prior month not on file versus October 2024
Co-ownership apartment low sample 4 +1 +33.3% up 1, 33.3% versus October 2024 $1.7M $424,750 −$48,483 −10.2% down $48,483, 10.2% versus October 2024 $425,000 11 21 97% 15 36.4% 5.3

905 total

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 3,639 −510 −12.3% down 510, 12.3% versus October 2024 $4.08B $1,121,954 +$5,150 +0.5% up $5,150, 0.5% versus October 2024 7,232 13,156 50.3% 3.6
Detached 1,988 −313 −13.6% down 313, 13.6% versus October 2024 $2.72B $1,369,132 +$21,385 +1.6% up $21,385, 1.6% versus October 2024 3,770 7,136 52.7% 3.6
Semi-detached 295 −54 −15.5% down 54, 15.5% versus October 2024 $282.3M $956,789 +$4,534 +0.5% up $4,534, 0.5% versus October 2024 508 682 58.1% 2.3
Att/row/townhouse 513 −66 −11.4% down 66, 11.4% versus October 2024 $498.2M $971,058 +$6,030 +0.6% up $6,030, 0.6% versus October 2024 909 1,350 56.4% 2.6
Condo townhouse 289 −31 −9.7% down 31, 9.7% versus October 2024 $215.0M $743,893 −$16,270 −2.1% down $16,270, 2.1% versus October 2024 598 1,062 48.3% 3.7
Condo apartment 513 −47 −8.4% down 47, 8.4% versus October 2024 $327.0M $637,390 +$58 +0.0% up $58, 0.0% versus October 2024 1,400 2,850 36.6% 5.6
Link 31 +1 +3.3% up 1, 3.3% versus October 2024 $31.7M $1,022,129 +$20,169 +2.0% up $20,169, 2.0% versus October 2024 34 44 91.2% 1.4
Co-op apartment low sample 4 +4 up 4 versus October 2024 $2.0M $506,250 n/a not available, prior month not on file versus October 2024 5 7 80.0% 1.8
Detached condo n/a not available, prior month not on file versus October 2024 n/a not available, prior month not on file versus October 2024
Co-ownership apartment low sample 0 no change no change versus October 2024 $0 n/a not available, prior month not on file versus October 2024 0 0

Trends

All TRREB areas · 13 months to November 2024

Average price

Average price by home type over the 13 months ending November 2024.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Nov '23 14035001060829984357778402710501
Dec '23 14183231027432996162790721682525
Jan '24 13508281038303963504792834681979
Feb '24 144361211238961034011814412695345
Mar '24 146639711216451039124821146700046
Apr '24 151607011399291044986841266728067
May '24 150667511738191040141836642730815
Jun '24 148039911029041021866826268727861
Jul '24 142592710675761018731794761718698
Aug '24 14140701026435991307760750674706
Sep '24 14230561090749982656791077682543
Oct '24 146283811083761007417785827694038
Nov '24 14525181077254994251753352689599

Sales

Sales by home type over the 13 months ending November 2024.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Nov '23 18814043633331212
Dec '23 1521324369254944
Jan '24 17453434423231335
Feb '24 24954635544621586
Mar '24 28935796435351842
Apr '24 31756206555742013
May '24 32386166245251942
Jun '24 29885995674871520
Jul '24 24464715044351482
Aug '24 22184274963761417
Sep '24 23544464963441312
Oct '24 31396126814421722
Nov '24 26695025824271640

Sales-to-new-listings

Sales-to-new-listings ratio by home type over the 13 months ending November 2024.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Jun '24 36.7256637168141647.95836669335468434.6153846153846138.07662236121970527.536231884057973
Jul '24 34.95783907388880643.2506887052341633.4661354581673334.7166799680766127.79966235227912
Aug '24 40.58554437328453450.7728894173602941.5062761506276137.7889447236180935.79186663298813
Sep '24 28.15789473684210336.7683429513602630.5043050430504325.69081404032860424.220047997046336
Oct '24 46.10074900866500556.7717996289424949.67177242888402637.5531011045029735.957402380455214
Nov '24 54.79367686306713462.98619824341279455.6937799043062248.1397970687711441.858090862685046

Average price change, month-over-month

  • Detached −0.7% down 0.7% versus October 2024
  • Semi-detached −2.8% down 2.8% versus October 2024
  • Att/row/townhouse −1.3% down 1.3% versus October 2024
  • Condo townhouse −4.1% down 4.1% versus October 2024
  • Condo apartment −0.6% down 0.6% versus October 2024

Year to date

Home typeSales$ volumeAverageMedian
All home types 64,277 $72.01B $1,120,300 $960,000
Detached
Semi-detached
Att/row/townhouse
Condo townhouse
Condo apartment
Link
Co-op apartment
Detached condo
Co-ownership apartment