Source: TRREB MarketWatch, December 2024

By home type

December 2024

All TRREB areas

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 3,359 −2,516 −42.8% down 2,516, 42.8% versus November 2024 $3.58B $1,067,186 −$38,864 −3.5% down $38,864, 3.5% versus November 2024 $930,000 4,681 15,393 98% 36 56 71.8% 4.6
Detached 1,423 −1,246 −46.7% down 1,246, 46.7% versus November 2024 $1.99B $1,399,209 −$53,309 −3.7% down $53,309, 3.7% versus November 2024 $1,205,000 1,813 6,088 98% 36 78.5% 4.3
Semi-detached 292 −210 −41.8% down 210, 41.8% versus November 2024 $317.9M $1,088,543 +$11,289 +1.0% up $11,289, 1.0% versus November 2024 $1,000,000 304 741 101% 29 96.0% 2.5
Att/row/townhouse 377 −205 −35.2% down 205, 35.2% versus November 2024 $382.8M $1,015,505 +$21,254 +2.1% up $21,254, 2.1% versus November 2024 $950,000 464 1,024 100% 30 81.3% 2.7
Condo townhouse 276 −151 −35.4% down 151, 35.4% versus November 2024 $211.9M $767,688 +$14,336 +1.9% up $14,336, 1.9% versus November 2024 $744,250 380 1,199 99% 39 72.6% 4.3
Condo apartment 960 −680 −41.5% down 680, 41.5% versus November 2024 $654.6M $681,855 −$7,744 −1.1% down $7,744, 1.1% versus November 2024 $600,000 1,679 6,237 98% 41 57.2% 6.5
Link 21 −12 −36.4% down 12, 36.4% versus November 2024 $21.2M $1,007,399 −$15,359 −1.5% down $15,359, 1.5% versus November 2024 $1,030,000 20 37 100% 20 105.0% 1.8
Co-op apartment low sample 3 −9 −75.0% down 9, 75.0% versus November 2024 $1.2M $386,995 −$354,130 −47.8% down $354,130, 47.8% versus November 2024 $373,750 11 30 95% 51 27.3% 10.0
Detached condo low sample 2 −4 −66.7% down 4, 66.7% versus November 2024 $1.7M $836,500 +$24,083 +3.0% up $24,083, 3.0% versus November 2024 $836,500 6 23 96% 83 33.3% 11.5
Co-ownership apartment 5 +1 +25.0% up 1, 25.0% versus November 2024 $2.5M $490,160 +$65,410 +15.4% up $65,410, 15.4% versus November 2024 $500,000 4 14 96% 39 125.0% 2.8

City of Toronto (416)

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 1,174 −1,062 −47.5% down 1,062, 47.5% versus November 2024 $1.21B $1,033,742 −$46,425 −4.3% down $46,425, 4.3% versus November 2024 $830,000 1,783 6,232 98% 39 58 65.8% 5.3
Detached 309 −372 −54.6% down 372, 54.6% versus November 2024 $502.0M $1,624,500 −$71,439 −4.2% down $71,439, 4.2% versus November 2024 $1,215,000 391 1,291 98% 40 79.0% 4.2
Semi-detached 113 −94 −45.4% down 94, 45.4% versus November 2024 $147.1M $1,302,024 +$53,094 +4.3% up $53,094, 4.3% versus November 2024 $1,186,000 73 248 101% 30 154.8% 2.2
Att/row/townhouse 43 −26 −37.7% down 26, 37.7% versus November 2024 $47.8M $1,111,191 −$55,495 −4.8% down $55,495, 4.8% versus November 2024 $1,050,512 39 112 101% 39 110.3% 2.6
Condo townhouse 93 −45 −32.6% down 45, 32.6% versus November 2024 $74.7M $803,088 +$29,928 +3.9% up $29,928, 3.9% versus November 2024 $780,000 133 459 99% 39 69.9% 4.9
Condo apartment 606 −521 −46.2% down 521, 46.2% versus November 2024 $436.2M $719,774 +$6,410 +0.9% up $6,410, 0.9% versus November 2024 $610,000 1,131 4,075 98% 39 53.6% 6.7
Link low sample 2 no change no change versus November 2024 $2.3M $1,125,000 +$92,500 +9.0% up $92,500, 9.0% versus November 2024 $1,125,000 1 7 94% 29 200.0% 3.5
Co-op apartment low sample 3 −5 −62.5% down 5, 62.5% versus November 2024 $1.2M $386,995 −$471,568 −54.9% down $471,568, 54.9% versus November 2024 $373,750 11 25 95% 51 27.3% 8.3
Detached condo n/a not available, prior month not on file versus November 2024 n/a not available, prior month not on file versus November 2024
Co-ownership apartment 5 +1 +25.0% up 1, 25.0% versus November 2024 $2.5M $490,160 +$65,410 +15.4% up $65,410, 15.4% versus November 2024 $500,000 4 14 96% 39 125.0% 2.8

905 total

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 2,185 −1,454 −40.0% down 1,454, 40.0% versus November 2024 $2.37B $1,085,155 −$36,799 −3.3% down $36,799, 3.3% versus November 2024 2,898 9,161 75.4% 4.2
Detached 1,114 −874 −44.0% down 874, 44.0% versus November 2024 $1.49B $1,336,718 −$32,414 −2.4% down $32,414, 2.4% versus November 2024 1,422 4,797 78.3% 4.3
Semi-detached 179 −116 −39.3% down 116, 39.3% versus November 2024 $170.7M $953,776 −$3,013 −0.3% down $3,013, 0.3% versus November 2024 231 493 77.5% 2.8
Att/row/townhouse 334 −179 −34.9% down 179, 34.9% versus November 2024 $335.1M $1,003,186 +$32,128 +3.3% up $32,128, 3.3% versus November 2024 425 912 78.6% 2.7
Condo townhouse 183 −106 −36.7% down 106, 36.7% versus November 2024 $137.2M $749,698 +$5,805 +0.8% up $5,805, 0.8% versus November 2024 247 740 74.1% 4.0
Condo apartment 354 −159 −31.0% down 159, 31.0% versus November 2024 $218.4M $616,941 −$20,449 −3.2% down $20,449, 3.2% versus November 2024 548 2,162 64.6% 6.1
Link 19 −12 −38.7% down 12, 38.7% versus November 2024 $18.9M $995,020 −$27,109 −2.7% down $27,109, 2.7% versus November 2024 19 30 100.0% 1.6
Co-op apartment low sample 0 −4 −100.0% down 4, 100.0% versus November 2024 $0 n/a not available, prior month not on file versus November 2024 0 5
Detached condo n/a not available, prior month not on file versus November 2024 n/a not available, prior month not on file versus November 2024
Co-ownership apartment low sample 0 no change no change versus November 2024 $0 n/a not available, prior month not on file versus November 2024 0 0

Trends

All TRREB areas · 13 months to December 2024

Average price

Average price by home type over the 13 months ending December 2024.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Dec '23 14183231027432996162790721682525
Jan '24 13508281038303963504792834681979
Feb '24 144361211238961034011814412695345
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

Sales

Sales by home type over the 13 months ending December 2024.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
Dec '23 1521324369254944
Jan '24 17453434423231335
Feb '24 24954635544621586
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

Sales-to-new-listings

Sales-to-new-listings ratio by home type over the 13 months ending December 2024.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
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

Average price change, month-over-month

  • Detached −3.7% down 3.7% versus November 2024
  • Semi-detached +1.0% up 1.0% versus November 2024
  • Att/row/townhouse +2.1% up 2.1% versus November 2024
  • Condo townhouse +1.9% up 1.9% versus November 2024
  • Condo apartment −1.1% down 1.1% versus November 2024

Year to date

Home typeSales$ volumeAverageMedian
All home types 67,610 $75.56B $1,117,600 $958,000
Detached
Semi-detached
Att/row/townhouse
Condo townhouse
Condo apartment
Link
Co-op apartment
Detached condo
Co-ownership apartment