Source: TRREB MarketWatch, February 2025

By home type

February 2025

All TRREB areas

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 4,037 +190 +4.9% up 190, 4.9% versus January 2025 $4.38B $1,084,547 +$43,553 +4.2% up $43,553, 4.2% versus January 2025 $923,000 12,066 19,536 99% 28 43 33.5% 4.8
Detached 1,706 +126 +8.0% up 126, 8.0% versus January 2025 $2.47B $1,445,879 +$68,449 +5.0% up $68,449, 5.0% versus January 2025 $1,225,000 5,057 7,885 99% 25 33.7% 4.6
Semi-detached 356 +7 +2.0% up 7, 2.0% versus January 2025 $384.5M $1,079,996 +$32,268 +3.1% up $32,268, 3.1% versus January 2025 $1,007,500 798 937 104% 21 44.6% 2.6
Att/row/townhouse 404 −5 −1.2% down 5, 1.2% versus January 2025 $400.4M $991,066 +$7,210 +0.7% up $7,210, 0.7% versus January 2025 $927,500 1,076 1,398 101% 23 37.5% 3.5
Condo townhouse 296 −20 −6.3% down 20, 6.3% versus January 2025 $237.6M $802,862 −$43 −0.0% down $43, 0.0% versus January 2025 $765,000 915 1,511 100% 28 32.4% 5.1
Condo apartment 1,225 +64 +5.5% up 64, 5.5% versus January 2025 $842.9M $688,055 +$17,380 +2.6% up $17,380, 2.6% versus January 2025 $605,000 4,082 7,638 98% 35 30.0% 6.2
Link 38 +17 +81.0% up 17, 81.0% versus January 2025 $38.1M $1,003,753 +$15,705 +1.6% up $15,705, 1.6% versus January 2025 $981,000 74 66 103% 18 51.4% 1.7
Co-op apartment 5 −2 −28.6% down 2, 28.6% versus January 2025 $3.3M $668,200 +$110,200 +19.7% up $110,200, 19.7% versus January 2025 $580,000 45 64 96% 74 11.1% 12.8
Detached condo low sample 4 +2 +100.0% up 2, 100.0% versus January 2025 $3.2M $794,500 −$455,500 −36.4% down $455,500, 36.4% versus January 2025 $814,000 11 20 98% 56 36.4% 5.0
Co-ownership apartment low sample 3 +1 +50.0% up 1, 50.0% versus January 2025 $1.6M $533,333 +$140,833 +35.9% up $140,833, 35.9% versus January 2025 $575,000 8 17 97% 49 37.5% 5.7

City of Toronto (416)

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 1,540 +154 +11.1% up 154, 11.1% versus January 2025 $1.67B $1,087,077 +$101,424 +10.3% up $101,424, 10.3% versus January 2025 $842,500 4,641 7,809 100% 30 45 33.2% 5.1
Detached 411 +60 +17.1% up 60, 17.1% versus January 2025 $732.5M $1,782,262 +$202,876 +12.8% up $202,876, 12.8% versus January 2025 $1,331,000 1,214 1,744 100% 22 33.9% 4.2
Semi-detached 145 +13 +9.8% up 13, 9.8% versus January 2025 $184.9M $1,275,214 +$120,709 +10.5% up $120,709, 10.5% versus January 2025 $1,190,000 294 326 106% 21 49.3% 2.3
Att/row/townhouse 51 +17 +50.0% up 17, 50.0% versus January 2025 $63.1M $1,237,604 +$55,007 +4.7% up $55,007, 4.7% versus January 2025 $1,152,000 100 146 102% 25 51.0% 2.9
Condo townhouse 92 −21 −18.6% down 21, 18.6% versus January 2025 $83.9M $912,334 +$42,866 +4.9% up $42,866, 4.9% versus January 2025 $834,000 303 539 101% 27 30.4% 5.9
Condo apartment 830 +83 +11.1% up 83, 11.1% versus January 2025 $601.4M $724,632 +$33,593 +4.9% up $33,593, 4.9% versus January 2025 $621,000 2,682 4,977 98% 36 30.9% 6.0
Link low sample 3 n/a not available, prior month not on file versus January 2025 $3.2M $1,081,667 n/a not available, prior month not on file versus January 2025 $1,065,000 8 11 95% 9 37.5% 3.7
Co-op apartment 5 −2 −28.6% down 2, 28.6% versus January 2025 $3.3M $668,200 +$110,200 +19.7% up $110,200, 19.7% versus January 2025 $580,000 33 50 96% 74 15.2% 10.0
Detached condo n/a not available, prior month not on file versus January 2025 n/a not available, prior month not on file versus January 2025
Co-ownership apartment low sample 3 +1 +50.0% up 1, 50.0% versus January 2025 $1.6M $533,333 +$140,833 +35.9% up $140,833, 35.9% versus January 2025 $575,000 7 16 97% 49 42.9% 5.3

905 total

Home type SalesMoM $ volume AverageMoM Median NewActive SP/LPLDOMPDOM SNLRMOI
All home types 2,497 +36 +1.5% up 36, 1.5% versus January 2025 $2.70B $1,082,986 +$10,825 +1.0% up $10,825, 1.0% versus January 2025 7,425 11,727 33.6% 4.7
Detached 1,295 +66 +5.4% up 66, 5.4% versus January 2025 $1.73B $1,339,120 +$19,369 +1.5% up $19,369, 1.5% versus January 2025 3,843 6,141 33.7% 4.7
Semi-detached 211 −6 −2.8% down 6, 2.8% versus January 2025 $199.6M $945,841 −$36,936 −3.8% down $36,936, 3.8% versus January 2025 504 611 41.9% 2.9
Att/row/townhouse 353 −22 −5.9% down 22, 5.9% versus January 2025 $337.3M $955,447 −$10,390 −1.1% down $10,390, 1.1% versus January 2025 976 1,252 36.2% 3.5
Condo townhouse 204 +1 +0.5% up 1, 0.5% versus January 2025 $153.7M $753,493 −$12,359 −1.6% down $12,359, 1.6% versus January 2025 612 972 33.3% 4.8
Condo apartment 395 −19 −4.6% down 19, 4.6% versus January 2025 $241.4M $611,198 −$22,734 −3.6% down $22,734, 3.6% versus January 2025 1,400 2,661 28.2% 6.7
Link 35 n/a not available, prior month not on file versus January 2025 $34.9M $997,074 n/a not available, prior month not on file versus January 2025 66 55 53.0% 1.6
Co-op apartment low sample 0 no change no change versus January 2025 $0 n/a not available, prior month not on file versus January 2025 12 14 0.0%
Detached condo n/a not available, prior month not on file versus January 2025 n/a not available, prior month not on file versus January 2025
Co-ownership apartment low sample 0 no change no change versus January 2025 $0 n/a not available, prior month not on file versus January 2025 1 1 0.0%

Trends

All TRREB areas · 13 months to February 2025

Average price

Average price by home type over the 13 months ending February 2025.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Jan '25 13774301047728983856802905670675
Feb '25 14458791079996991066802862688055

Sales

Sales by home type over the 13 months ending February 2025.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Jan '25 15803494093161161
Feb '25 17063564042961225

Sales-to-new-listings

Sales-to-new-listings ratio by home type over the 13 months ending February 2025.
Month DetachedSemi-detachedAtt/row/townhouseCondo townhouseCondo apartment
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
Jan '25 31.647.6125511596180138.7677725118483434.199134199134225.29962954892133
Feb '25 33.7354162546964644.61152882205513537.5464684014869932.34972677595628530.00979911807937

Average price change, month-over-month

  • Detached +5.0% up 5.0% versus January 2025
  • Semi-detached +3.1% up 3.1% versus January 2025
  • Att/row/townhouse +0.7% up 0.7% versus January 2025
  • Condo townhouse −0.0% down 0.0% versus January 2025
  • Condo apartment +2.6% up 2.6% versus January 2025

Year to date

Home typeSales$ volumeAverageMedian
All home types 7,871 $8.37B $1,063,490 $916,000
Detached
Semi-detached
Att/row/townhouse
Condo townhouse
Condo apartment
Link
Co-op apartment
Detached condo
Co-ownership apartment