Source: TRREB MarketWatch, September 2023
By home type
September 2023
All TRREB areas
| Home type | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
| All home types | 4,642 | ▼ −652 −12.3% down 652, 12.3% versus August 2023 | $5.20B | $1,119,428 | ▲ +$36,932 +3.4% up $36,932, 3.4% versus August 2023 | $960,000 | 16,258 | 18,912 | 100% | 20 | 30 | 28.6% | 4.1 |
| Detached | 2,149 | ▼ −115 −5.1% down 115, 5.1% versus August 2023 | $3.10B | $1,440,786 | ▲ +$24,420 +1.7% up $24,420, 1.7% versus August 2023 | $1,250,000 | 7,465 | 8,439 | 100% | 20 | — | 28.8% | 3.9 |
| Semi-detached | 402 | ▼ −44 −9.9% down 44, 9.9% versus August 2023 | $439.8M | $1,094,074 | ▲ +$26,094 +2.4% up $26,094, 2.4% versus August 2023 | $1,005,000 | 1,169 | 1,079 | 104% | 14 | — | 34.4% | 2.7 |
| Att/row/townhouse | 418 | ▼ −78 −15.7% down 78, 15.7% versus August 2023 | $436.0M | $1,043,076 | ▲ +$20,396 +2.0% up $20,396, 2.0% versus August 2023 | $970,000 | 1,352 | 1,381 | 103% | 17 | — | 30.9% | 3.3 |
| Condo townhouse | 323 | ▼ −117 −26.6% down 117, 26.6% versus August 2023 | $261.8M | $810,495 | ▼ −$27,368 −3.3% down $27,368, 3.3% versus August 2023 | $780,000 | 1,153 | 1,374 | 102% | 21 | — | 28.0% | 4.3 |
| Condo apartment | 1,307 | ▼ −302 −18.8% down 302, 18.8% versus August 2023 | $924.1M | $707,065 | ▲ +$1,493 +0.2% up $1,493, 0.2% versus August 2023 | $638,000 | 4,994 | 6,509 | 99% | 24 | — | 26.2% | 5.0 |
| Link | 27 | ▲ +2 +8.0% up 2, 8.0% versus August 2023 | $28.6M | $1,060,226 | ▲ +$61,110 +6.1% up $61,110, 6.1% versus August 2023 | $1,050,000 | 73 | 58 | 101% | 20 | — | 37.0% | 2.1 |
| Co-op apartment low sample | 4 | ▼ −2 −33.3% down 2, 33.3% versus August 2023 | $1.2M | $301,000 | ▼ −$242,000 −44.6% down $242,000, 44.6% versus August 2023 | $305,000 | 25 | 34 | 95% | 49 | — | 16.0% | 8.5 |
| Detached condo | 9 | ▲ +2 +28.6% up 2, 28.6% versus August 2023 | $7.3M | $807,722 | ▼ −$286,978 −26.2% down $286,978, 26.2% versus August 2023 | $862,500 | 14 | 18 | 95% | 33 | — | 64.3% | 2.0 |
| Co-ownership apartment low sample | 3 | ▲ +2 +200.0% up 2, 200.0% versus August 2023 | $1.3M | $430,000 | ▼ −$257,000 −37.4% down $257,000, 37.4% versus August 2023 | $375,000 | 13 | 20 | 101% | 19 | — | 23.1% | 6.7 |
City of Toronto (416)
| Home type | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
| All home types | 1,744 | ▼ −147 −7.8% down 147, 7.8% versus August 2023 | $1.95B | $1,119,452 | ▲ +$113,507 +11.3% up $113,507, 11.3% versus August 2023 | $890,500 | 6,517 | 7,580 | 101% | 20 | 30 | 26.8% | 4.3 |
| Detached | 549 | ▲ +98 +21.7% up 98, 21.7% versus August 2023 | $946.5M | $1,724,007 | ▲ +$88,862 +5.4% up $88,862, 5.4% versus August 2023 | $1,370,000 | 1,901 | 1,878 | 101% | 16 | — | 28.9% | 3.4 |
| Semi-detached | 160 | ▲ +22 +15.9% up 22, 15.9% versus August 2023 | $205.1M | $1,281,956 | ▲ +$46,233 +3.7% up $46,233, 3.7% versus August 2023 | $1,200,000 | 503 | 436 | 106% | 11 | — | 31.8% | 2.7 |
| Att/row/townhouse | 68 | ▲ +13 +23.6% up 13, 23.6% versus August 2023 | $83.5M | $1,227,767 | ▲ +$29,660 +2.5% up $29,660, 2.5% versus August 2023 | $1,108,000 | 190 | 179 | 104% | 15 | — | 35.8% | 2.6 |
| Condo townhouse | 108 | ▼ −45 −29.4% down 45, 29.4% versus August 2023 | $91.2M | $844,073 | ▼ −$45,409 −5.1% down $45,409, 5.1% versus August 2023 | $832,500 | 408 | 493 | 102% | 24 | — | 26.5% | 4.6 |
| Condo apartment | 850 | ▼ −236 −21.7% down 236, 21.7% versus August 2023 | $622.3M | $732,106 | ▲ +$7,557 +1.0% up $7,557, 1.0% versus August 2023 | $650,000 | 3,476 | 4,539 | 99% | 25 | — | 24.4% | 5.3 |
| Link low sample | 1 | ▼ −1 −50.0% down 1, 50.0% versus August 2023 | $1.1M | $1,050,000 | ▲ +$85,000 +8.8% up $85,000, 8.8% versus August 2023 | $1,050,000 | 4 | 4 | 92% | 35 | — | 25.0% | 4.0 |
| Co-op apartment low sample | 4 | ▼ −1 −20.0% down 1, 20.0% versus August 2023 | $1.2M | $301,000 | ▼ −$258,600 −46.2% down $258,600, 46.2% versus August 2023 | $305,000 | 22 | 29 | 95% | 49 | — | 18.2% | 7.3 |
| Detached condo low sample | 1 | n/a not available, prior month not on file versus August 2023 | $250K | $250,000 | n/a not available, prior month not on file versus August 2023 | $250,000 | 1 | 3 | 84% | 47 | — | 100.0% | 3.0 |
| Co-ownership apartment low sample | 3 | ▲ +2 +200.0% up 2, 200.0% versus August 2023 | $1.3M | $430,000 | ▼ −$257,000 −37.4% down $257,000, 37.4% versus August 2023 | $375,000 | 12 | 19 | 101% | 19 | — | 25.0% | 6.3 |
905 total
| Home type | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
| All home types | 2,898 | ▼ −505 −14.8% down 505, 14.8% versus August 2023 | $3.24B | $1,119,414 | ▼ −$5,620 −0.5% down $5,620, 0.5% versus August 2023 | — | 9,741 | 11,332 | — | — | — | 29.8% | 3.9 |
| Detached | 1,600 | ▼ −213 −11.7% down 213, 11.7% versus August 2023 | $2.15B | $1,343,606 | ▼ −$18,337 −1.3% down $18,337, 1.3% versus August 2023 | — | 5,564 | 6,561 | — | — | — | 28.8% | 4.1 |
| Semi-detached | 242 | ▼ −66 −21.4% down 66, 21.4% versus August 2023 | $234.7M | $969,855 | ▼ −$22,967 −2.3% down $22,967, 2.3% versus August 2023 | — | 666 | 643 | — | — | — | 36.3% | 2.7 |
| Att/row/townhouse | 350 | ▼ −91 −20.6% down 91, 20.6% versus August 2023 | $352.5M | $1,007,193 | ▲ +$6,392 +0.6% up $6,392, 0.6% versus August 2023 | — | 1,162 | 1,202 | — | — | — | 30.1% | 3.4 |
| Condo townhouse | 215 | ▼ −72 −25.1% down 72, 25.1% versus August 2023 | $170.6M | $793,627 | ▼ −$16,717 −2.1% down $16,717, 2.1% versus August 2023 | — | 745 | 881 | — | — | — | 28.9% | 4.1 |
| Condo apartment | 457 | ▼ −66 −12.6% down 66, 12.6% versus August 2023 | $301.8M | $660,491 | ▼ −$5,676 −0.9% down $5,676, 0.9% versus August 2023 | — | 1,518 | 1,970 | — | — | — | 30.1% | 4.3 |
| Link | 26 | ▲ +3 +13.0% up 3, 13.0% versus August 2023 | $27.6M | $1,060,619 | ▲ +$58,537 +5.8% up $58,537, 5.8% versus August 2023 | — | 69 | 54 | — | — | — | 37.7% | 2.1 |
| Co-op apartment low sample | 0 | ▼ −1 −100.0% down 1, 100.0% versus August 2023 | $0 | — | n/a not available, prior month not on file versus August 2023 | — | 3 | 5 | — | — | — | 0.0% | — |
| Detached condo | 8 | n/a not available, prior month not on file versus August 2023 | $7.0M | $877,438 | n/a not available, prior month not on file versus August 2023 | — | 13 | 15 | — | — | — | 61.5% | 1.9 |
| Co-ownership apartment low sample | 0 | no change no change versus August 2023 | $0 | — | n/a not available, prior month not on file versus August 2023 | — | 1 | 1 | — | — | — | 0.0% | — |
Trends
All TRREB areas · 13 months to September 2023
Average price
Average price by home type over the 13 months ending September 2023. | Month | Detached | Semi-detached | Att/row/townhouse | Condo townhouse | Condo apartment |
| Sep '22 | 1369186 | 1043120 | 990242 | 803964 | 730818 |
| Oct '22 | 1372438 | 1079393 | 1023934 | 802969 | 716515 |
| Nov '22 | 1390162 | 1039200 | 993557 | 799029 | 708636 |
| Dec '22 | 1384586 | 1009479 | 954312 | 772038 | 705659 |
| Jan '23 | 1341848 | 1019668 | 976500 | 776698 | 687696 |
| Feb '23 | 1439735 | 1069266 | 1050342 | 785448 | 705472 |
| Mar '23 | 1468651 | 1087924 | 1036571 | 813036 | 703566 |
| Apr '23 | 1489258 | 1135599 | 1093560 | 868997 | 724118 |
| May '23 | 1556566 | 1198185 | 1117696 | 868318 | 748483 |
| Jun '23 | 1530997 | 1214872 | 1087967 | 851497 | 739395 |
| Jul '23 | 1427257 | 1101876 | 1032117 | 873859 | 735171 |
| Aug '23 | 1416366 | 1067980 | 1022680 | 837863 | 705572 |
| Sep '23 | 1440786 | 1094074 | 1043076 | 810495 | 707065 |
Sales
Sales by home type over the 13 months ending September 2023. | Month | Detached | Semi-detached | Att/row/townhouse | Condo townhouse | Condo apartment |
| Sep '22 | 2334 | 501 | 435 | 395 | 1317 |
| Oct '22 | 2300 | 446 | 435 | 387 | 1338 |
| Nov '22 | 2056 | 386 | 403 | 371 | 1289 |
| Dec '22 | 1352 | 238 | 266 | 258 | 966 |
| Jan '23 | 1384 | 240 | 277 | 222 | 950 |
| Feb '23 | 2075 | 399 | 463 | 358 | 1455 |
| Mar '23 | 3000 | 556 | 640 | 527 | 2121 |
| Apr '23 | 3448 | 630 | 641 | 588 | 2160 |
| May '23 | 4049 | 787 | 824 | 700 | 2568 |
| Jun '23 | 3377 | 678 | 664 | 569 | 2122 |
| Jul '23 | 2378 | 445 | 454 | 420 | 1505 |
| Aug '23 | 2264 | 446 | 496 | 440 | 1609 |
| Sep '23 | 2149 | 402 | 418 | 323 | 1307 |
Sales-to-new-listings
Sales-to-new-listings ratio by home type over the 13 months ending September 2023. | Month | Detached | Semi-detached | Att/row/townhouse | Condo townhouse | Condo apartment |
| Sep '22 | 45.023148148148145 | 60.36144578313253 | 53.97022332506204 | 45.45454545454545 | 38.118668596237335 |
| Oct '22 | 47.74756072244135 | 61.179698216735254 | 58.155080213903744 | 50.19455252918288 | 41.28355445850047 |
| Nov '22 | 51.99797673242287 | 63.38259441707718 | 55.35714285714286 | 56.468797564687975 | 44.89724834552421 |
| Dec '22 | 77.124928693668 | 81.22866894197952 | 84.17721518987342 | 91.16607773851591 | 69.39655172413794 |
| Jan '23 | 42.14372716199756 | 51.61290322580645 | 46.39865996649916 | 42.125237191650854 | 34.45774392455568 |
| Feb '23 | 56.91168403730115 | 67.97274275979557 | 70.79510703363916 | 57.648953301127214 | 52.020021451555245 |
| Mar '23 | 60.33789219629928 | 72.02072538860104 | 69.86899563318777 | 62.589073634204276 | 58.916666666666664 |
| Apr '23 | 65.14264122425845 | 80.35714285714286 | 68.40981856990395 | 71.7948717948718 | 62.80895609188718 |
| May '23 | 56.14254021075984 | 67.55364806866953 | 65.86730615507594 | 64.1025641025641 | 58.89908256880734 |
| Jun '23 | 45.49986526542711 | 56.17232808616405 | 48.8235294117647 | 47.456213511259385 | 46.41294838145232 |
| Jul '23 | 39.468879668049794 | 43.203883495145625 | 37.73898586866168 | 41.70804369414101 | 34.72542685740655 |
| Aug '23 | 42.53240653766673 | 48.5310119695321 | 43.16797214969539 | 47.36275565123789 | 41.330593372720266 |
| Sep '23 | 28.787675820495647 | 34.388366124893075 | 30.917159763313613 | 28.013876843018217 | 26.17140568682419 |
Average price change, month-over-month
- Detached ▲ +1.7% up 1.7% versus August 2023
- Semi-detached ▲ +2.4% up 2.4% versus August 2023
- Att/row/townhouse ▲ +2.0% up 2.0% versus August 2023
- Condo townhouse ▼ −3.3% down 3.3% versus August 2023
- Condo apartment ▲ +0.2% up 0.2% versus August 2023
Year to date
| Home type | Sales | $ volume | Average | Median |
|---|
| All home types | 53,766 | $60.93B | $1,133,276 | $980,000 |
| Detached | — | — | — | — |
| Semi-detached | — | — | — | — |
| Att/row/townhouse | — | — | — | — |
| Condo townhouse | — | — | — | — |
| Condo apartment | — | — | — | — |
| Link | — | — | — | — |
| Co-op apartment | — | — | — | — |
| Detached condo | — | — | — | — |
| Co-ownership apartment | — | — | — | — |