Source: TRREB MarketWatch, March 2025

By home type

March 2025

All TRREB areas

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 5,011 +974 +24.1% up 974, 24.1% versus February 2025 $5.48B $1,093,254 +$8,707 +0.8% up $8,707, 0.8% versus February 2025 $945,000 17,263 23,462 100% 24 36 29.0% 4.7
Detached 2,155 +449 +26.3% up 449, 26.3% versus February 2025 $3.10B $1,439,268 −$6,611 −0.5% down $6,611, 0.5% versus February 2025 $1,280,000 7,481 9,813 99% 23 28.8% 4.5
Semi-detached 485 +129 +36.2% up 129, 36.2% versus February 2025 $539.2M $1,111,791 +$31,795 +2.9% up $31,795, 2.9% versus February 2025 $1,020,000 1,164 1,161 104% 16 41.7% 2.4
Att/row/townhouse 505 +101 +25.0% up 101, 25.0% versus February 2025 $505.5M $1,001,043 +$9,977 +1.0% up $9,977, 1.0% versus February 2025 $940,000 1,594 1,832 102% 19 31.7% 3.6
Condo townhouse 394 +98 +33.1% up 98, 33.1% versus February 2025 $310.9M $789,129 −$13,733 −1.7% down $13,733, 1.7% versus February 2025 $745,000 1,324 1,769 100% 26 29.8% 4.5
Condo apartment 1,404 +179 +14.6% up 179, 14.6% versus February 2025 $957.6M $682,019 −$6,036 −0.9% down $6,036, 0.9% versus February 2025 $601,200 5,488 8,659 98% 32 25.6% 6.2
Link 47 +9 +23.7% up 9, 23.7% versus February 2025 $46.4M $986,894 −$16,859 −1.7% down $16,859, 1.7% versus February 2025 $920,000 112 86 102% 13 42.0% 1.8
Co-op apartment 13 +8 +160.0% up 8, 160.0% versus February 2025 $7.7M $592,675 −$75,525 −11.3% down $75,525, 11.3% versus February 2025 $650,000 61 92 98% 34 21.3% 7.1
Detached condo 7 +3 +75.0% up 3, 75.0% versus February 2025 $9.0M $1,284,114 +$489,614 +61.6% up $489,614, 61.6% versus February 2025 $1,034,800 21 26 99% 42 33.3% 3.7
Co-ownership apartment low sample 1 −2 −66.7% down 2, 66.7% versus February 2025 $378K $378,000 −$155,333 −29.1% down $155,333, 29.1% versus February 2025 $378,000 18 24 98% 24 5.6% 24.0

City of Toronto (416)

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 1,908 +368 +23.9% up 368, 23.9% versus February 2025 $2.12B $1,110,924 +$23,847 +2.2% up $23,847, 2.2% versus February 2025 $895,000 6,421 9,122 100% 26 39 29.7% 4.8
Detached 572 +161 +39.2% up 161, 39.2% versus February 2025 $985.8M $1,723,489 −$58,773 −3.3% down $58,773, 3.3% versus February 2025 $1,440,000 1,688 2,156 100% 22 33.9% 3.8
Semi-detached 208 +63 +43.4% up 63, 43.4% versus February 2025 $278.2M $1,337,498 +$62,284 +4.9% up $62,284, 4.9% versus February 2025 $1,229,000 466 432 107% 15 44.6% 2.1
Att/row/townhouse 59 +8 +15.7% up 8, 15.7% versus February 2025 $76.5M $1,297,377 +$59,773 +4.8% up $59,773, 4.8% versus February 2025 $1,153,170 196 205 105% 13 30.1% 3.5
Condo townhouse 126 +34 +37.0% up 34, 37.0% versus February 2025 $104.0M $825,222 −$87,112 −9.5% down $87,112, 9.5% versus February 2025 $766,610 449 634 99% 28 28.1% 5.0
Condo apartment 927 +97 +11.7% up 97, 11.7% versus February 2025 $664.2M $716,460 −$8,172 −1.1% down $8,172, 1.1% versus February 2025 $617,500 3,557 5,602 98% 32 26.1% 6.0
Link 5 +2 +66.7% up 2, 66.7% versus February 2025 $4.9M $978,600 −$103,067 −9.5% down $103,067, 9.5% versus February 2025 $1,020,000 15 11 109% 12 33.3% 2.2
Co-op apartment 10 +5 +100.0% up 5, 100.0% versus February 2025 $5.7M $565,478 −$102,722 −15.4% down $102,722, 15.4% versus February 2025 $483,389 33 59 99% 38 30.3% 5.9
Detached condo n/a not available, prior month not on file versus February 2025 n/a not available, prior month not on file versus February 2025
Co-ownership apartment low sample 1 −2 −66.7% down 2, 66.7% versus February 2025 $378K $378,000 −$155,333 −29.1% down $155,333, 29.1% versus February 2025 $378,000 17 23 98% 24 5.9% 23.0

905 total

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 3,103 +606 +24.3% up 606, 24.3% versus February 2025 $3.36B $1,082,389 −$597 −0.1% down $597, 0.1% versus February 2025 10,842 14,340 28.6% 4.6
Detached 1,583 +288 +22.2% up 288, 22.2% versus February 2025 $2.12B $1,336,568 −$2,552 −0.2% down $2,552, 0.2% versus February 2025 5,793 7,657 27.3% 4.8
Semi-detached 277 +66 +31.3% up 66, 31.3% versus February 2025 $261.0M $942,308 −$3,533 −0.4% down $3,533, 0.4% versus February 2025 698 729 39.7% 2.6
Att/row/townhouse 446 +93 +26.3% up 93, 26.3% versus February 2025 $429.0M $961,842 +$6,395 +0.7% up $6,395, 0.7% versus February 2025 1,398 1,627 31.9% 3.6
Condo townhouse 268 +64 +31.4% up 64, 31.4% versus February 2025 $206.9M $772,160 +$18,667 +2.5% up $18,667, 2.5% versus February 2025 875 1,135 30.6% 4.2
Condo apartment 477 +82 +20.8% up 82, 20.8% versus February 2025 $293.4M $615,086 +$3,888 +0.6% up $3,888, 0.6% versus February 2025 1,931 3,057 24.7% 6.4
Link 42 +7 +20.0% up 7, 20.0% versus February 2025 $41.5M $987,881 −$9,193 −0.9% down $9,193, 0.9% versus February 2025 97 75 43.3% 1.8
Co-op apartment low sample 3 +3 up 3 versus February 2025 $2.0M $683,333 n/a not available, prior month not on file versus February 2025 28 33 10.7% 11.0
Detached condo n/a not available, prior month not on file versus February 2025 n/a not available, prior month not on file versus February 2025
Co-ownership apartment low sample 0 no change no change versus February 2025 $0 n/a not available, prior month not on file versus February 2025 1 1 0.0%

Trends

All TRREB areas · 13 months to March 2025

Average price

Average price by home type over the 13 months ending March 2025.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Feb '25 14458791079996991066802862688055
Mar '25 143926811117911001043789129682019

Sales

Sales by home type over the 13 months ending March 2025.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Feb '25 17063564042961225
Mar '25 21554855053941404

Sales-to-new-listings

Sales-to-new-listings ratio by home type over the 13 months ending March 2025.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Feb '25 33.7354162546964644.61152882205513537.5464684014869932.34972677595628530.00979911807937
Mar '25 28.8063093169362441.6666666666666731.68130489335006729.75830815709969825.583090379008745

Average price change, month-over-month

  • Detached −0.5% down 0.5% versus February 2025
  • Semi-detached +2.9% up 2.9% versus February 2025
  • Att/row/townhouse +1.0% up 1.0% versus February 2025
  • Condo townhouse −1.7% down 1.7% versus February 2025
  • Condo apartment −0.9% down 0.9% versus February 2025

Year to date

Home typeSales$ volumeAverageMedian
All home types 12,856 $13.82B $1,074,952 $925,000
Detached
Semi-detached
Att/row/townhouse
Condo townhouse
Condo apartment
Link
Co-op apartment
Detached condo
Co-ownership apartment