The average home in Toronto sold for $955,615, which is up 13.3% up from last year. The average price is up, but condos are worth -3% less than last year.
In the short-term, many people are moving out of the 416 condos and moving into 905 houses which means there is an opportunity to buy Toronto condos.
How was the Toronto (GTA) market in November 2020?
• GTA homes sold for $955,615 (+13.3% from last year) • Toronto sold for $1,477,226 (+8.6% from last year) • Mississauga sold for $1,318,779 (+19.3% from last year) • Oakville sold for $1,654,743 (+23.2% from last year) • Toronto Condos sold for $640,208 (-3.0% from last year) • Lorne Park sold for $1,993,143 (+19.3% from last year)
With an average price of $955,318 across the GTA, there was an increase of +13.3% compared to last year.
Greater Toronto Area
Toronto Homes – Detached
Mississauga Homes
Oakville Detached Homes
Toronto Condos
Lorne Park 4 Bedroom Homes
Lorne Park Sales
If you have any questions about the real estate market, please call or text Lawrence at (416) 276-4895.
Lawrence Mak, Real Estate Broker at EXP Realty
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In March 2024, the average home sold for $1,121,615.
This is up +1.2% from last month and up +1.2% from last year.
There were 6,560 sales in March which is -4.48% lower than in 2023.
In February 2024, the average home sold for $1,108,720.
This is up +8% from last month and up +1.2% from last year.
There were 5,607 sales in February which is +17.94% higher than in 2023.
