Source: TRREB MarketWatch, January 2023

By home type

January 2023

All TRREB areas

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 3,100 −17 −0.5% down 17, 0.5% versus December 2022 $3.22B $1,038,668 −$12,548 −1.2% down $12,548, 1.2% versus December 2022 $900,000 7,688 9,299 98% 29 41 40.3% 3.0
Detached 1,384 +32 +2.4% up 32, 2.4% versus December 2022 $1.86B $1,341,848 −$42,738 −3.1% down $42,738, 3.1% versus December 2022 $1,200,000 3,284 3,932 98% 27 42.1% 2.8
Semi-detached 240 +2 +0.8% up 2, 0.8% versus December 2022 $244.7M $1,019,668 +$10,189 +1.0% up $10,189, 1.0% versus December 2022 $968,965 465 418 100% 22 51.6% 1.7
Att/row/townhouse 277 +11 +4.1% up 11, 4.1% versus December 2022 $270.5M $976,500 +$22,188 +2.3% up $22,188, 2.3% versus December 2022 $925,000 597 561 101% 23 46.4% 2.0
Condo townhouse 222 −36 −14.0% down 36, 14.0% versus December 2022 $172.4M $776,698 +$4,660 +0.6% up $4,660, 0.6% versus December 2022 $729,500 527 602 99% 30 42.1% 2.7
Condo apartment 950 −16 −1.7% down 16, 1.7% versus December 2022 $653.3M $687,696 −$17,963 −2.5% down $17,963, 2.5% versus December 2022 $610,000 2,757 3,725 98% 34 34.5% 3.9
Link 14 −7 −33.3% down 7, 33.3% versus December 2022 $13.5M $967,261 +$4,056 +0.4% up $4,056, 0.4% versus December 2022 $987,500 31 20 105% 14 45.2% 1.4
Co-op apartment low sample 3 −5 −62.5% down 5, 62.5% versus December 2022 $1.6M $533,833 +$34,458 +6.9% up $34,458, 6.9% versus December 2022 $599,000 12 21 98% 32 25.0% 7.0
Detached condo 5 no change no change versus December 2022 $4.7M $939,000 +$101,400 +12.1% up $101,400, 12.1% versus December 2022 $785,000 10 11 96% 34 50.0% 2.2
Co-ownership apartment 5 +2 +66.7% up 2, 66.7% versus December 2022 $2.0M $393,200 −$45,133 −10.3% down $45,133, 10.3% versus December 2022 $395,000 5 9 96% 73 100.0% 1.8

City of Toronto (416)

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 1,108 −54 −4.6% down 54, 4.6% versus December 2022 $1.09B $987,842 −$30,147 −3.0% down $30,147, 3.0% versus December 2022 $797,500 3,010 3,880 98% 31 44 36.8% 3.5
Detached 318 +8 +2.6% up 8, 2.6% versus December 2022 $472.6M $1,486,124 −$141,511 −8.7% down $141,511, 8.7% versus December 2022 $1,270,000 714 865 97% 29 44.5% 2.7
Semi-detached 84 +1 +1.2% up 1, 1.2% versus December 2022 $96.6M $1,150,506 −$1,567 −0.1% down $1,567, 0.1% versus December 2022 $1,080,444 199 200 102% 21 42.2% 2.4
Att/row/townhouse 28 −10 −26.3% down 10, 26.3% versus December 2022 $37.3M $1,331,389 +$255,163 +23.7% up $255,163, 23.7% versus December 2022 $1,095,000 74 83 101% 24 37.8% 3.0
Condo townhouse 64 −8 −11.1% down 8, 11.1% versus December 2022 $53.0M $827,974 +$53,090 +6.9% up $53,090, 6.9% versus December 2022 $743,750 179 211 98% 34 35.8% 3.3
Condo apartment 604 −42 −6.5% down 42, 6.5% versus December 2022 $429.5M $711,171 −$30,413 −4.1% down $30,413, 4.1% versus December 2022 $626,250 1,825 2,494 98% 33 33.1% 4.1
Link low sample 1 −1 −50.0% down 1, 50.0% versus December 2022 $1.1M $1,135,000 +$308,500 +37.3% up $308,500, 37.3% versus December 2022 $1,135,000 4 4 96% 50 25.0% 4.0
Co-op apartment low sample 3 −5 −62.5% down 5, 62.5% versus December 2022 $1.6M $533,833 +$34,458 +6.9% up $34,458, 6.9% versus December 2022 $599,000 9 14 98% 32 33.3% 4.7
Detached condo low sample 1 n/a not available, prior month not on file versus December 2022 $780K $780,000 n/a not available, prior month not on file versus December 2022 $780,000 1 0 98% 14 100.0% 0.0
Co-ownership apartment 5 +2 +66.7% up 2, 66.7% versus December 2022 $2.0M $393,200 −$45,133 −10.3% down $45,133, 10.3% versus December 2022 $395,000 5 9 96% 73 100.0% 1.8

905 total

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 1,992 +37 +1.9% up 37, 1.9% versus December 2022 $2.13B $1,066,938 −$4,027 −0.4% down $4,027, 0.4% versus December 2022 4,678 5,419 42.6% 2.7
Detached 1,066 +24 +2.3% up 24, 2.3% versus December 2022 $1.38B $1,298,809 −$13,470 −1.0% down $13,470, 1.0% versus December 2022 2,570 3,067 41.5% 2.9
Semi-detached 156 +1 +0.6% up 1, 0.6% versus December 2022 $148.1M $949,216 +$16,095 +1.7% up $16,095, 1.7% versus December 2022 266 218 58.6% 1.4
Att/row/townhouse 249 +21 +9.2% up 21, 9.2% versus December 2022 $233.2M $936,593 +$2,599 +0.3% up $2,599, 0.3% versus December 2022 523 478 47.6% 1.9
Condo townhouse 158 −28 −15.1% down 28, 15.1% versus December 2022 $119.4M $755,928 −$15,008 −1.9% down $15,008, 1.9% versus December 2022 348 391 45.4% 2.5
Condo apartment 346 +26 +8.1% up 26, 8.1% versus December 2022 $223.8M $646,715 +$13,580 +2.1% up $13,580, 2.1% versus December 2022 932 1,231 37.1% 3.6
Link 13 −6 −31.6% down 6, 31.6% versus December 2022 $12.4M $954,358 −$23,237 −2.4% down $23,237, 2.4% versus December 2022 27 16 48.1% 1.2
Co-op apartment low sample 0 no change no change versus December 2022 $0 n/a not available, prior month not on file versus December 2022 3 7 0.0%
Detached condo low sample 4 n/a not available, prior month not on file versus December 2022 $3.9M $978,750 n/a not available, prior month not on file versus December 2022 9 11 44.4% 2.8
Co-ownership apartment low sample 0 no change no change versus December 2022 $0 n/a not available, prior month not on file versus December 2022 0 0

Trends

All TRREB areas · 13 months to January 2023

Average price

Average price by home type over the 13 months ending January 2023.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Jan '22 174131813122731221726936264748566
Feb '22 179720313584151254460963700799966
Mar '22 169739613170481212542948292808566
Apr '22 162834312592431119648909207789869
May '22 154949812048931063177857113770894
Jun '22 145490211247231028977825447747216
Jul '22 13625981077750997668799953719273
Aug '22 1379700998490987308789386711321
Sep '22 13691861043120990242803964730818
Oct '22 137243810793931023934802969716515
Nov '22 13901621039200993557799029708636
Dec '22 13845861009479954312772038705659
Jan '23 13418481019668976500776698687696

Sales

Sales by home type over the 13 months ending January 2023.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Jan '22 22394454584332016
Feb '22 39287518557192772
Mar '22 48849839728703154
Apr '22 36008027166522173
May '22 33667527295221848
Jun '22 30126345805171678
Jul '22 22034744293871365
Aug '22 25955265244111507
Sep '22 23345014353951317
Oct '22 23004464353871338
Nov '22 20563864033711289
Dec '22 1352238266258966
Jan '23 1384240277222950

Sales-to-new-listings

Sales-to-new-listings ratio by home type over the 13 months ending January 2023.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Jan '22 64.3390804597701270.522979397781372.4683544303797573.2656514382402778.50467289719626
Feb '22 59.14771871706068461.8106995884773763.239644970414271.0474308300395372.58444619010213
Mar '22 51.7976455615653954.7327394209354246.6410748560460757.4257425742574262.579365079365076
Apr '22 41.7197821300266646.7911318553092240.797720797720845.0899031811894946.0088926529748
May '22 38.2326215356656144.7086801426872843.0851063829787236.9426751592356737.29566094853683
Jun '22 39.49645948072383647.45508982035928444.4444444444444439.10741301059001536.156000861883214
Jul '22 40.0836972343522653.9863325740318945.1578947368421140.1036269430051837.37677984665936
Aug '22 53.7712391214256166.1635220125786163.8246041412911147.5694444444444447.93256997455471
Sep '22 45.02314814814814560.3614457831325353.9702233250620445.4545454545454538.118668596237335
Oct '22 47.7475607224413561.17969821673525458.15508021390374450.1945525291828841.28355445850047
Nov '22 51.9979767324228763.3825944170771855.3571428571428656.46879756468797544.89724834552421
Dec '22 77.12492869366881.2286689419795284.1772151898734291.1660777385159169.39655172413794
Jan '23 42.1437271619975651.6129032258064546.3986599664991642.12523719165085434.45774392455568

Average price change, month-over-month

  • Detached −3.1% down 3.1% versus December 2022
  • Semi-detached +1.0% up 1.0% versus December 2022
  • Att/row/townhouse +2.3% up 2.3% versus December 2022
  • Condo townhouse +0.6% up 0.6% versus December 2022
  • Condo apartment −2.5% down 2.5% versus December 2022

Year to date

Home typeSales$ volumeAverageMedian
All home types 3,100 $3.22B $1,038,668 $900,000
Detached
Semi-detached
Att/row/townhouse
Condo townhouse
Condo apartment
Link
Co-op apartment
Detached condo
Co-ownership apartment