Toronto Real Estate Trends
Housing Market Report for May 2025
Current Toronto MLS® stats indicate an average house price of $1,166,124 and 7,958 new listings in the last month. As of today, Toronto housing data shows median days on market for a home is 24 days.
Toronto Housing Prices
1.166M
Avg sold price
1.5%
Monthly change
7.6%
Quarterly change
1.9%
Yearly change
Average Sold Price
| # Type | ||||
|---|---|---|---|---|
| DETACHED | 1.7M -6% | 1.8M | 1.7M | 1.8M |
| TOWNHOUSE | 1.3M 0% | 1.2M | 1.1M | 1.3M |
| CONDO | 724K -4% | 723K | 715K | 758K |
Note: +/- change calculated year-over-year
Toronto Housing Inventory
7958
New Listings
2027
Homes Sold
24
Average Days on Market
100%
Selling to Listing Price Ratio
Number of Sales and Inventory
Sales Volume by Property Type
| # Type | New Listings | Sold Listings | Active Listings | Days on Market | Sale to List |
|---|---|---|---|---|---|
| DETACHED | 2240 | 784 | 3255 | 20 | 99.9% |
| TOWNHOUSE | 685 | 278 | 949 | 17 | 104.53% |
| CONDO | 4344 | 959 | 8201 | 29 | 98.03% |
Toronto Rankings out of 25 in Greater Toronto
11th
Most expensive
7th
Fastest Growing
12th
Fastest Selling
3rd
Highest Turnover
If the average price is skewed, the median is a more accurate reflection of the market.
| # | City | Average Price | Median Price |
|---|---|---|---|
| 1 | King | 1.724M | 1.4M |
| 2 | Richmond Hill | 1.525M | 1.3M |
| 3 | Oakville | 1.522M | 1.3M |
| 4 | Uxbridge | 1.428M | 1.4M |
| 5 | Caledon | 1.349M | 1.3M |
| 6 | Vaughan | 1.299M | 1.2M |
| 7 | Markham | 1.267M | 1.2M |
| 8 | Aurora | 1.264M | 1.2M |
| 9 | East Gwillimbury | 1.246M | 1.2M |
| 10 | Whitchurch Stouffville | 1.236M | |
| 11 | Toronto | 1.166M | 940K |
| 12 | Newmarket | 1.155M | 1M |
| 13 | Burlington | 1.124M | |
| 14 | Halton Hills | 1.114M | 1.1M |
| 15 | Scugog | 1.069M | |
| 16 | Mississauga | 1.045M | 931K |
| 17 | Milton | 1.028M | 973K |
| 18 | Pickering | 988.070K | 900K |
| 19 | Whitby | 947.064K | |
| 20 | Brampton | 946.332K | 895K |
| 21 | Ajax | 899.020K | 858K |
| 22 | Clarington | 844.888K | |
| 23 | Georgina | 805.546K | 775K |
| 24 | Oshawa | 788.668K | |
| 25 | Brock | 774.382K |