Dear Toronto,
Here’s a curated breakdown of where we stand:
🏡 DETACHED HOMES Sales: 3,689
Average Price: $1,691,294
Sale Price/List Price: 101%
Average Days on Market: 23
New Listings: 10,697
Takeaway: Detached homes remain the cornerstone of Toronto real estate. While the tempo has slowed slightly, pricing has held firm. The abundance of listings gives buyers leverage — but prime, well-prepared homes still command strong results. Presentation and strategy matter more than ever.
🏘 SEMI-DETACHED Sales: 1,328
Average Price: $1,279,516
Sale Price/List Price: 106%
Average Days on Market: 19
New Listings: 2,913
Takeaway: This segment is outperforming. Demand for semis — particularly in established, walkable neighbourhoods — remains robust. Most are selling well over asking, often in multiple offers. For sellers, the first half of 2025 was fertile ground.
🏙 CONDO APARTMENTS Sales: 5,422
Average Price: $715,378
Sale Price/List Price: 98%
Average Days on Market: 35
New Listings: 20,785
Takeaway: The condo market is experiencing recalibration. With a flood of inventory and a cautious buyer pool,expectations have been reset. That said, quality product — especially those with efficient layouts, outdoor space, and parking — is still moving. For investors and end-users alike, the long-term value proposition remains.
🏡 TOWNHOMES (FREEHOLD + CONDO)
Attached/Row: Avg $1.26M | Sale Price/List Price: 103%
Condo Towns: Avg $839,939 | Sale Price/List Price: 100%
Takeaway: Toronto townhomes continue to appeal to discerning buyers seeking function, style, and a foot on the freehold ladder. These homes are holding their own in both pace and price. Thoughtful updates and good bones are rewarded.
🧾 NICHE MARKETS (CO-OPS, LINK, CO-OWNERSHIP, ETC.)
A quieter corner of the market. While volume remains low - 44 sales for Co-ops and 18 units for CoOwnership , these alternative forms of ownership offer creative entry points — and savvy buyers are taking note.
🔍 THE INTERPRETATION This isn’t a buyer’s market — but it’s not a seller’s market either. We’re in the midst of a strategic market.
FOR BUYERS - Patience and precision are key. The right home is out there, often with room to negotiate.
FOR SELLERS - Success lies in the details. Pricing smartly and preparing thoroughly are the differentiators in this climate.
FOR INVESTORS - Opportunities are re-emerging, particularly in the condo sector, where pricing has softened and yields are improving.
✨ FINAL WORD Toronto’s market is evolving, not unraveling. The fundamentals remain sound: population growth, limited land, and global desirability. As always, those who move with insight — not impulse — are best positioned to benefit for this opportunity.
Curious how this plays out for your property, your investment, or your next move?
Let’s connect. Strategic advice. Zero pressure.