The Toronto Real Estate Market saw 16.4% less sales year-over-year from June 2023 to June 2024.
The average sale price of a Toronto home has decreased by 1.6% year over year from June 2023 to June 2024. In June of 2023, the average sale price was $1,182,120... Now, it's $1,162,167. This is down 1.6% year-over-year from June 2023 to June 2024.
Total new listings went up 12.3% year over year in Toronto.
The property days on market in the Toronto Real estate market went up 50% year-over-year to 30 days. This means that on average, it takes 30 days to sell a home in Toronto.
The average sale price of a detached home in Toronto in June of 2024 is $1,758,649, which was down 1.6% year-over-year, but the number of sales was down 7.2% year-over-year.
The average sale price of a semi-detached home in Toronto in June of 2024 is $1,282,973, which was down 8.9% year over year, and the number of sales was down 20.8% year-over-year.
The average sale price of a townhouse home in Toronto in June of 2024 is $1,008,467, which was down 2.7% year over year, and the number of sales was down 13.4% year-over-year.
The average sale price of a condo in Toronto in June of 2024 is $763,148, which was up down 0.9% year over year, and the number of sales was down 29.1% year-over-year.
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