Source: TRREB MarketWatch, January 2025

By home type

January 2025

All TRREB areas

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 3,847 +488 +14.5% up 488, 14.5% versus December 2024 $4.00B $1,040,994 −$26,192 −2.5% down $26,192, 2.5% versus December 2024 $910,000 12,392 17,157 99% 37 55 31.0% 4.5
Detached 1,580 +157 +11.0% up 157, 11.0% versus December 2024 $2.18B $1,377,430 −$21,779 −1.6% down $21,779, 1.6% versus December 2024 $1,210,000 5,000 6,832 98% 35 31.6% 4.3
Semi-detached 349 +57 +19.5% up 57, 19.5% versus December 2024 $365.7M $1,047,728 −$40,815 −3.7% down $40,815, 3.7% versus December 2024 $990,000 733 798 102% 28 47.6% 2.3
Att/row/townhouse 409 +32 +8.5% up 32, 8.5% versus December 2024 $402.4M $983,856 −$31,649 −3.1% down $31,649, 3.1% versus December 2024 $930,000 1,055 1,180 100% 30 38.8% 2.9
Condo townhouse 316 +40 +14.5% up 40, 14.5% versus December 2024 $253.7M $802,905 +$35,217 +4.6% up $35,217, 4.6% versus December 2024 $744,000 924 1,313 99% 41 34.2% 4.2
Condo apartment 1,161 +201 +20.9% up 201, 20.9% versus December 2024 $778.7M $670,675 −$11,180 −1.6% down $11,180, 1.6% versus December 2024 $599,000 4,589 6,913 98% 44 25.3% 6.0
Link 21 no change no change versus December 2024 $20.7M $988,048 −$19,351 −1.9% down $19,351, 1.9% versus December 2024 $931,500 55 51 104% 16 38.2% 2.4
Co-op apartment 7 +4 +133.3% up 4, 133.3% versus December 2024 $3.9M $558,000 +$171,005 +44.2% up $171,005, 44.2% versus December 2024 $408,000 18 33 97% 42 38.9% 4.7
Detached condo low sample 2 no change no change versus December 2024 $2.5M $1,250,000 +$413,500 +49.4% up $413,500, 49.4% versus December 2024 $1,250,000 8 21 97% 50 25.0% 10.5
Co-ownership apartment low sample 2 −3 −60.0% down 3, 60.0% versus December 2024 $785K $392,500 −$97,660 −19.9% down $97,660, 19.9% versus December 2024 $392,500 10 16 95% 22 20.0% 8.0

City of Toronto (416)

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 1,386 +212 +18.1% up 212, 18.1% versus December 2024 $1.37B $985,653 −$48,089 −4.7% down $48,089, 4.7% versus December 2024 $800,000 4,737 6,920 99% 39 57 29.3% 5.0
Detached 351 +42 +13.6% up 42, 13.6% versus December 2024 $554.4M $1,579,386 −$45,114 −2.8% down $45,114, 2.8% versus December 2024 $1,280,000 1,054 1,450 99% 32 33.3% 4.1
Semi-detached 132 +19 +16.8% up 19, 16.8% versus December 2024 $152.4M $1,154,505 −$147,519 −11.3% down $147,519, 11.3% versus December 2024 $1,100,000 246 268 105% 34 53.7% 2.0
Att/row/townhouse 34 −9 −20.9% down 9, 20.9% versus December 2024 $40.2M $1,182,597 +$71,406 +6.4% up $71,406, 6.4% versus December 2024 $1,066,750 114 134 101% 35 29.8% 3.9
Condo townhouse 113 +20 +21.5% up 20, 21.5% versus December 2024 $98.2M $869,468 +$66,380 +8.3% up $66,380, 8.3% versus December 2024 $800,000 318 477 99% 44 35.5% 4.2
Condo apartment 747 +141 +23.3% up 141, 23.3% versus December 2024 $516.2M $691,039 −$28,735 −4.0% down $28,735, 4.0% versus December 2024 $610,000 2,972 4,540 98% 43 25.1% 6.1
Link n/a not available, prior month not on file versus December 2024 n/a not available, prior month not on file versus December 2024
Co-op apartment 7 +4 +133.3% up 4, 133.3% versus December 2024 $3.9M $558,000 +$171,005 +44.2% up $171,005, 44.2% versus December 2024 $408,000 17 27 97% 42 41.2% 3.9
Detached condo n/a not available, prior month not on file versus December 2024 n/a not available, prior month not on file versus December 2024
Co-ownership apartment low sample 2 −3 −60.0% down 3, 60.0% versus December 2024 $785K $392,500 −$97,660 −19.9% down $97,660, 19.9% versus December 2024 $392,500 10 16 95% 22 20.0% 8.0

905 total

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 2,461 +276 +12.6% up 276, 12.6% versus December 2024 $2.64B $1,072,162 −$12,994 −1.2% down $12,994, 1.2% versus December 2024 7,655 10,237 32.1% 4.2
Detached 1,229 +115 +10.3% up 115, 10.3% versus December 2024 $1.62B $1,319,751 −$16,967 −1.3% down $16,967, 1.3% versus December 2024 3,946 5,382 31.1% 4.4
Semi-detached 217 +38 +21.2% up 38, 21.2% versus December 2024 $213.3M $982,776 +$29,000 +3.0% up $29,000, 3.0% versus December 2024 487 530 44.6% 2.4
Att/row/townhouse 375 +41 +12.3% up 41, 12.3% versus December 2024 $362.2M $965,837 −$37,349 −3.7% down $37,349, 3.7% versus December 2024 941 1,046 39.9% 2.8
Condo townhouse 203 +20 +10.9% up 20, 10.9% versus December 2024 $155.5M $765,852 +$16,154 +2.2% up $16,154, 2.2% versus December 2024 606 836 33.5% 4.1
Condo apartment 414 +60 +16.9% up 60, 16.9% versus December 2024 $262.4M $633,932 +$16,990 +2.8% up $16,990, 2.8% versus December 2024 1,617 2,373 25.6% 5.7
Link n/a not available, prior month not on file versus December 2024 n/a not available, prior month not on file versus December 2024
Co-op apartment low sample 0 no change no change versus December 2024 $0 n/a not available, prior month not on file versus December 2024 1 6 0.0%
Detached condo n/a not available, prior month not on file versus December 2024 n/a not available, prior month not on file versus December 2024
Co-ownership apartment low sample 0 no change no change versus December 2024 $0 n/a not available, prior month not on file versus December 2024 0 0

Trends

All TRREB areas · 13 months to January 2025

Average price

Average price by home type over the 13 months ending January 2025.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Dec '24 139920910885431015505767688681855
Jan '25 13774301047728983856802905670675

Sales

Sales by home type over the 13 months ending January 2025.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Dec '24 1423292377276960
Jan '25 15803494093161161

Sales-to-new-listings

Sales-to-new-listings ratio by home type over the 13 months ending January 2025.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Dec '24 78.4886927744070796.0526315789473781.2572.6315789473684257.17689100655152
Jan '25 31.647.6125511596180138.7677725118483434.199134199134225.29962954892133

Average price change, month-over-month

  • Detached −1.6% down 1.6% versus December 2024
  • Semi-detached −3.7% down 3.7% versus December 2024
  • Att/row/townhouse −3.1% down 3.1% versus December 2024
  • Condo townhouse +4.6% up 4.6% versus December 2024
  • Condo apartment −1.6% down 1.6% versus December 2024

Year to date

Home typeSales$ volumeAverageMedian
All home types 3,847 $4.00B $1,040,994 $910,000
Detached
Semi-detached
Att/row/townhouse
Condo townhouse
Condo apartment
Link
Co-op apartment
Detached condo
Co-ownership apartment