Home > Article >
In October 2024, home sales in the Greater Toronto Area increased strongly year-over-year in October 2024.
2024-11-06
1155
In October 2024, home sales in the Greater Toronto Area increased strongly year-over-year in October 2024. Over the same period, new listings were up, but by a lesser annual rate. The result was tighter market conditions compared to October 2023. The average selling price was up slightly on an annual basis.
TRREB market statistics reported 6,658 home sales in the GTA during the month, 44.4% increase compared to the same period in 2023.
The average selling price in the GTA increase 1.1% to $1.14 million, Compared to September of this year, prices have remained relatively stable. The days on market is 27, remaining unchanged compared to September this year.
The number of newly listed homes during the month was 15,328, resulting in a sales-to-new listings ratio of a buyer-favored 43.4%.
-
MLS® N12597534 48 Red Giant Street W, Richmond Hill, ON L4C 4Y4 0-5 | 4 Beds| 6 Baths $2,499,900 BAY STREET GROUP INC. -
MLS® X12597686 24 Empire Street, London East, ON N5Y 1G7 6 Beds| 2 Baths $498,800 BAY STREET GROUP INC.
-
MLS® N12597674 52 Rosseter Road, Markham, ON L3S 2M9 4 Beds| 3 Baths $3,400 BAY STREET GROUP INC.
-
MLS® W12597734 2524 Paula Court, Mississauga, ON L5K 2R5 31-50 | 8 Beds| 6 Baths $1,880,000 BAY STREET GROUP INC.
-
MLS® C12597740 403 Church Street 403, Toronto C08, ON M4Y 0C9 2 Beds| 2 Baths $783,000 BAY STREET GROUP INC.
-
MLS® C12597932 44 Woody Vine Way 251, Toronto C15, ON M2J 4H6 31-50 | 3 Beds| 2 Baths $3,100 BAY STREET GROUP INC.
-
MLS® C12598346 15 Greenview Avenue 1101, Toronto C07, ON M2M 1R2 1 Beds| 1 Baths $2,200 BAY STREET GROUP INC.
-
MLS® X12598390 396 Emerald Street N, Hamilton, ON L8L 5L9 4 Beds| 2 Baths $2,850 BAY STREET GROUP INC.