Source: TRREB MarketWatch, March 2024

By home type

March 2024

All TRREB areas

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 6,560 +953 +17.0% up 953, 17.0% versus February 2024 $7.36B $1,121,615 +$12,895 +1.2% up $12,895, 1.2% versus February 2024 $977,297 13,120 12,459 102% 20 29 50.0% 1.9
Detached 2,893 +398 +16.0% up 398, 16.0% versus February 2024 $4.24B $1,466,397 +$22,785 +1.6% up $22,785, 1.6% versus February 2024 $1,308,000 5,620 4,292 102% 17 51.5% 1.5
Semi-detached 579 +116 +25.1% up 116, 25.1% versus February 2024 $649.4M $1,121,645 −$2,251 −0.2% down $2,251, 0.2% versus February 2024 $1,050,000 916 429 107% 12 63.2% 0.7
Att/row/townhouse 643 +89 +16.1% up 89, 16.1% versus February 2024 $668.2M $1,039,124 +$5,113 +0.5% up $5,113, 0.5% versus February 2024 $973,000 1,170 717 105% 14 55.0% 1.1
Condo townhouse 535 +73 +15.8% up 73, 15.8% versus February 2024 $439.3M $821,146 +$6,734 +0.8% up $6,734, 0.8% versus February 2024 $780,000 1,017 1,107 102% 20 52.6% 2.1
Condo apartment 1,842 +256 +16.1% up 256, 16.1% versus February 2024 $1.29B $700,046 +$4,701 +0.7% up $4,701, 0.7% versus February 2024 $637,500 4,292 5,834 99% 28 42.9% 3.2
Link 45 +18 +66.7% up 18, 66.7% versus February 2024 $50.4M $1,119,039 +$96,332 +9.4% up $96,332, 9.4% versus February 2024 $1,144,000 63 20 109% 12 71.4% 0.4
Co-op apartment 7 −2 −22.2% down 2, 22.2% versus February 2024 $5.2M $741,057 +$75,946 +11.4% up $75,946, 11.4% versus February 2024 $625,000 16 28 99% 29 43.8% 4.0
Detached condo 11 +5 +83.3% up 5, 83.3% versus February 2024 $11.2M $1,019,126 −$59,207 −5.5% down $59,207, 5.5% versus February 2024 $815,000 15 15 98% 34 73.3% 1.4
Co-ownership apartment 5 no change no change versus February 2024 $2.4M $473,600 −$12,200 −2.5% down $12,200, 2.5% versus February 2024 $395,000 11 17 98% 45 45.5% 3.4

City of Toronto (416)

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 2,308 +337 +17.1% up 337, 17.1% versus February 2024 $2.51B $1,087,017 +$14,489 +1.4% up $14,489, 1.4% versus February 2024 $885,000 4,917 5,579 103% 22 33 46.9% 2.4
Detached 647 +79 +13.9% up 79, 13.9% versus February 2024 $1.11B $1,708,437 +$51,411 +3.1% up $51,411, 3.1% versus February 2024 $1,400,000 1,147 832 103% 16 56.4% 1.3
Semi-detached 222 +41 +22.7% up 41, 22.7% versus February 2024 $288.7M $1,300,403 −$19,481 −1.5% down $19,481, 1.5% versus February 2024 $1,169,000 338 157 110% 14 65.7% 0.7
Att/row/townhouse 80 +21 +35.6% up 21, 35.6% versus February 2024 $101.8M $1,272,681 +$78,802 +6.6% up $78,802, 6.6% versus February 2024 $1,240,301 139 87 106% 16 57.5% 1.1
Condo townhouse 156 +25 +19.1% up 25, 19.1% versus February 2024 $134.1M $859,817 −$10,754 −1.2% down $10,754, 1.2% versus February 2024 $811,250 357 413 103% 17 43.7% 2.6
Condo apartment 1,186 +172 +17.0% up 172, 17.0% versus February 2024 $865.1M $729,392 +$2,784 +0.4% up $2,784, 0.4% versus February 2024 $657,150 2,901 4,047 99% 27 40.9% 3.4
Link 6 +2 +50.0% up 2, 50.0% versus February 2024 $6.6M $1,103,648 +$57,523 +5.5% up $57,523, 5.5% versus February 2024 $1,131,500 11 3 105% 19 54.5% 0.5
Co-op apartment 7 −2 −22.2% down 2, 22.2% versus February 2024 $5.2M $741,057 +$75,946 +11.4% up $75,946, 11.4% versus February 2024 $625,000 13 24 99% 29 53.9% 3.4
Detached condo n/a not available, prior month not on file versus February 2024 n/a not available, prior month not on file versus February 2024
Co-ownership apartment low sample 4 −1 −20.0% down 1, 20.0% versus February 2024 $2.0M $493,250 +$7,450 +1.5% up $7,450, 1.5% versus February 2024 $473,950 11 16 98% 44 36.4% 4.0

905 total

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 4,252 +616 +16.9% up 616, 16.9% versus February 2024 $4.85B $1,140,395 +$12,057 +1.1% up $12,057, 1.1% versus February 2024 8,203 6,880 51.8% 1.6
Detached 2,246 +319 +16.6% up 319, 16.6% versus February 2024 $3.14B $1,396,674 +$15,968 +1.2% up $15,968, 1.2% versus February 2024 4,473 3,460 50.2% 1.5
Semi-detached 357 +75 +26.6% up 75, 26.6% versus February 2024 $360.7M $1,010,485 +$12,382 +1.2% up $12,382, 1.2% versus February 2024 578 272 61.8% 0.8
Att/row/townhouse 563 +68 +13.7% up 68, 13.7% versus February 2024 $566.3M $1,005,936 −$9,020 −0.9% down $9,020, 0.9% versus February 2024 1,031 630 54.6% 1.1
Condo townhouse 379 +48 +14.5% up 48, 14.5% versus February 2024 $305.2M $805,229 +$13,043 +1.6% up $13,043, 1.6% versus February 2024 660 694 57.4% 1.8
Condo apartment 656 +84 +14.7% up 84, 14.7% versus February 2024 $424.4M $646,989 +$7,065 +1.1% up $7,065, 1.1% versus February 2024 1,391 1,787 47.2% 2.7
Link 39 +16 +69.6% up 16, 69.6% versus February 2024 $43.7M $1,121,407 +$102,773 +10.1% up $102,773, 10.1% versus February 2024 52 17 75.0% 0.4
Co-op apartment low sample 0 no change no change versus February 2024 $0 n/a not available, prior month not on file versus February 2024 3 4 0.0%
Detached condo n/a not available, prior month not on file versus February 2024 n/a not available, prior month not on file versus February 2024
Co-ownership apartment low sample 1 +1 up 1 versus February 2024 $395K $395,000 n/a not available, prior month not on file versus February 2024 0 1 1.0

Trends

All TRREB areas · 13 months to March 2024

Average price

Average price by home type over the 13 months ending March 2024.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Feb '24 144361211238961034011814412695345
Mar '24 146639711216451039124821146700046

Sales

Sales by home type over the 13 months ending March 2024.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Feb '24 24954635544621586
Mar '24 28935796435351842

Sales-to-new-listings

Sales-to-new-listings ratio by home type over the 13 months ending March 2024.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Feb '24 51.4114980424479763.1650750341064154.5275590551181150.60240963855421441.81386765093593
Mar '24 51.4768683274021463.2096069868995654.9572649572649652.6057030481809342.9170549860205

Average price change, month-over-month

  • Detached +1.6% up 1.6% versus February 2024
  • Semi-detached −0.2% down 0.2% versus February 2024
  • Att/row/townhouse +0.5% up 0.5% versus February 2024
  • Condo townhouse +0.8% up 0.8% versus February 2024
  • Condo apartment +0.7% up 0.7% versus February 2024

Year to date

Home typeSales$ volumeAverageMedian
All home types 16,347 $17.87B $1,093,003 $950,000
Detached
Semi-detached
Att/row/townhouse
Condo townhouse
Condo apartment
Link
Co-op apartment
Detached condo
Co-ownership apartment