Source: TRREB MarketWatch, January 2024

By home type

January 2024

All TRREB areas

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 4,223 +779 +22.6% up 779, 22.6% versus December 2023 $4.34B $1,026,703 −$57,989 −5.3% down $57,989, 5.3% versus December 2023 $890,000 8,312 10,093 98% 37 54 50.8% 2.4
Detached 1,745 +224 +14.7% up 224, 14.7% versus December 2023 $2.36B $1,350,828 −$67,495 −4.8% down $67,495, 4.8% versus December 2023 $1,195,000 3,243 3,589 98% 36 53.8% 2.1
Semi-detached 343 +19 +5.9% up 19, 5.9% versus December 2023 $356.1M $1,038,303 +$10,871 +1.1% up $10,871, 1.1% versus December 2023 $987,500 472 328 101% 31 72.7% 1.0
Att/row/townhouse 442 +73 +19.8% up 73, 19.8% versus December 2023 $425.9M $963,504 −$32,658 −3.3% down $32,658, 3.3% versus December 2023 $915,000 653 539 100% 33 67.7% 1.2
Condo townhouse 323 +69 +27.2% up 69, 27.2% versus December 2023 $256.1M $792,834 +$2,113 +0.3% up $2,113, 0.3% versus December 2023 $748,500 655 867 98% 39 49.3% 2.7
Condo apartment 1,335 +391 +41.4% up 391, 41.4% versus December 2023 $910.4M $681,979 −$546 −0.1% down $546, 0.1% versus December 2023 $610,000 3,226 4,693 98% 41 41.4% 3.5
Link 22 +2 +10.0% up 2, 10.0% versus December 2023 $23.0M $1,045,036 −$31,305 −2.9% down $31,305, 2.9% versus December 2023 $951,500 32 17 102% 26 68.8% 0.8
Co-op apartment low sample 4 −5 −55.6% down 5, 55.6% versus December 2023 $1.7M $419,125 −$657,542 −61.1% down $657,542, 61.1% versus December 2023 $400,750 13 29 96% 25 30.8% 7.3
Detached condo 5 +4 +400.0% up 4, 400.0% versus December 2023 $3.3M $651,000 +$2,000 +0.3% up $2,000, 0.3% versus December 2023 $725,000 7 14 98% 56 71.4% 2.8
Co-ownership apartment low sample 4 +2 +100.0% up 2, 100.0% versus December 2023 $2.1M $528,250 +$65,250 +14.1% up $65,250, 14.1% versus December 2023 $533,000 11 17 97% 41 36.4% 4.3

City of Toronto (416)

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 1,472 +206 +16.3% up 206, 16.3% versus December 2023 $1.41B $959,915 −$102,999 −9.7% down $102,999, 9.7% versus December 2023 $750,000 3,456 4,540 98% 38 55 42.6% 3.1
Detached 342 −29 −7.8% down 29, 7.8% versus December 2023 $537.1M $1,570,520 −$56,460 −3.5% down $56,460, 3.5% versus December 2023 $1,249,000 696 739 98% 34 49.1% 2.2
Semi-detached 106 −22 −17.2% down 22, 17.2% versus December 2023 $127.2M $1,199,531 +$26,360 +2.2% up $26,360, 2.2% versus December 2023 $1,087,500 184 137 103% 29 57.6% 1.3
Att/row/townhouse 37 −3 −7.5% down 3, 7.5% versus December 2023 $38.1M $1,029,765 −$388,810 −27.4% down $388,810, 27.4% versus December 2023 $957,500 83 80 99% 31 44.6% 2.2
Condo townhouse 94 +22 +30.6% up 22, 30.6% versus December 2023 $79.2M $842,382 −$82,835 −9.0% down $82,835, 9.0% versus December 2023 $767,000 225 324 98% 41 41.8% 3.5
Condo apartment 883 +242 +37.8% up 242, 37.8% versus December 2023 $626.4M $709,419 +$136 +0.0% up $136, 0.0% versus December 2023 $620,000 2,237 3,215 98% 41 39.5% 3.6
Link low sample 1 −2 −66.7% down 2, 66.7% versus December 2023 $1.2M $1,200,000 +$117,333 +10.8% up $117,333, 10.8% versus December 2023 $1,200,000 9 2 121% 8 11.1% 2.0
Co-op apartment low sample 4 −5 −55.6% down 5, 55.6% versus December 2023 $1.7M $419,125 −$657,542 −61.1% down $657,542, 61.1% versus December 2023 $400,750 13 27 96% 25 30.8% 6.8
Detached condo low sample 1 n/a not available, prior month not on file versus December 2023 $35K $35,000 n/a not available, prior month not on file versus December 2023 $35,000 0 0 70% 42 0.0
Co-ownership apartment low sample 4 +2 +100.0% up 2, 100.0% versus December 2023 $2.1M $528,250 +$65,250 +14.1% up $65,250, 14.1% versus December 2023 $533,000 9 16 97% 41 44.4% 4.0

905 total

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 2,751 +573 +26.3% up 573, 26.3% versus December 2023 $2.92B $1,062,439 −$34,912 −3.2% down $34,912, 3.2% versus December 2023 4,856 5,553 56.6% 2.0
Detached 1,403 +253 +22.0% up 253, 22.0% versus December 2023 $1.82B $1,297,275 −$53,734 −4.0% down $53,734, 4.0% versus December 2023 2,547 2,850 55.1% 2.0
Semi-detached 237 +41 +20.9% up 41, 20.9% versus December 2023 $229.0M $966,193 +$33,938 +3.6% up $33,938, 3.6% versus December 2023 288 191 82.3% 0.8
Att/row/townhouse 405 +76 +23.1% up 76, 23.1% versus December 2023 $387.8M $957,450 +$12,645 +1.3% up $12,645, 1.3% versus December 2023 570 459 71.0% 1.1
Condo townhouse 229 +47 +25.8% up 47, 25.8% versus December 2023 $176.9M $772,496 +$34,982 +4.7% up $34,982, 4.7% versus December 2023 430 543 53.3% 2.4
Condo apartment 452 +149 +49.2% up 149, 49.2% versus December 2023 $284.0M $628,375 +$2,458 +0.4% up $2,458, 0.4% versus December 2023 989 1,478 45.7% 3.3
Link 21 +4 +23.5% up 4, 23.5% versus December 2023 $21.8M $1,037,657 −$37,567 −3.5% down $37,567, 3.5% versus December 2023 23 15 91.3% 0.7
Co-op apartment low sample 0 no change no change versus December 2023 $0 n/a not available, prior month not on file versus December 2023 0 2
Detached condo low sample 4 n/a not available, prior month not on file versus December 2023 $3.2M $805,000 n/a not available, prior month not on file versus December 2023 7 14 57.1% 3.5
Co-ownership apartment low sample 0 no change no change versus December 2023 $0 n/a not available, prior month not on file versus December 2023 2 1 0.0%

Trends

All TRREB areas · 13 months to January 2024

Average price

Average price by home type over the 13 months ending January 2024.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Jan '23 13418481019668976500776698687696
Feb '23 143973510692661050342785448705472
Mar '23 146865110879241036571813036703566
Apr '23 148925811355991093560868997724118
May '23 155656611981851117696868318748483
Jun '23 153099712148721087967851497739395
Jul '23 142725711018761032117873859735171
Aug '23 141636610679801022680837863705572
Sep '23 144078610940741043076810495707065
Oct '23 145011211027211042124791299708780
Nov '23 14035001060829984357778402710501
Dec '23 14183231027432996162790721682525
Jan '24 13508281038303963504792834681979

Sales

Sales by home type over the 13 months ending January 2024.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Jan '23 1384240277222950
Feb '23 20753994633581455
Mar '23 30005566405272121
Apr '23 34486306415882160
May '23 40497878247002568
Jun '23 33776786645692122
Jul '23 23784454544201505
Aug '23 22644464964401609
Sep '23 21494024183231307
Oct '23 21574284023241296
Nov '23 18814043633331212
Dec '23 1521324369254944
Jan '24 17453434423231335

Sales-to-new-listings

Sales-to-new-listings ratio by home type over the 13 months ending January 2024.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Jan '23 42.1437271619975651.6129032258064546.3986599664991642.12523719165085434.45774392455568
Feb '23 56.9116840373011567.9727427597955770.7951070336391657.64895330112721452.020021451555245
Mar '23 60.3378921962992872.0207253886010469.8689956331877762.58907363420427658.916666666666664
Apr '23 65.1426412242584580.3571428571428668.4098185699039571.794871794871862.80895609188718
May '23 56.1425402107598467.5536480686695365.8673061550759464.102564102564158.89908256880734
Jun '23 45.4998652654271156.1723280861640548.823529411764747.45621351125938546.41294838145232
Jul '23 39.46887966804979443.20388349514562537.7389858686616841.7080436941410134.72542685740655
Aug '23 42.5324065376667348.531011969532143.1679721496953947.3627556512378941.330593372720266
Sep '23 28.78767582049564734.38836612489307530.91715976331361328.01387684301821726.17140568682419
Oct '23 33.4626124728513840.3393025447690833.952702702702732.04747774480712528.247602441150825
Nov '23 43.2413793103448355.2667578659370841.1098527746319440.3636363636363633.06055646481178
Dec '23 99.60707269155206144100.544959128065479.8742138364779966.57263751763047
Jan '24 53.808202281837872.6694915254237267.6875957120980249.3129770992366441.382517048977064

Average price change, month-over-month

  • Detached −4.8% down 4.8% versus December 2023
  • Semi-detached +1.1% up 1.1% versus December 2023
  • Att/row/townhouse −3.3% down 3.3% versus December 2023
  • Condo townhouse +0.3% up 0.3% versus December 2023
  • Condo apartment −0.1% down 0.1% versus December 2023

Year to date

Home typeSales$ volumeAverageMedian
All home types 4,223 $4.34B $1,026,703 $890,000
Detached
Semi-detached
Att/row/townhouse
Condo townhouse
Condo apartment
Link
Co-op apartment
Detached condo
Co-ownership apartment