Resale Home Market in the City of Toronto (September 2024)

In September, the average selling price for detached in Toronto was $1.69 million, marking a year-on-year decrease of 2.2%, and there was also a 0.4% decrease compared to the previous month. Condo town and condo apart had average selling prices of $830k and $710k, respectively, with year-over-year declines of around 2-3%.

Sales of both detached and semi-detached houses saw a increase of approximately 30% compared to August of this year. Sales ratios for various property types all hovered above 20%, with Semi-Detached reaching 34%.