October 2020 – Toronto Real Estate Report

The average home in Toronto sold for $968,318, which is up 13.7% up from last year.

The average price is up, but condos are worth about the same as 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.

With an average price of $968,318 across the GTA, there was an increase of +13.6% compared to last year.

How was the Toronto (GTA) market in October 2020?

• GTA homes sold for $968,318 (+13.6% from last year)
• Toronto homes sold for $1,470,857 (+11.2% from last year)
• Mississauga homes sold for $1,239,382 (+5.7% from last year)
• Oakville homes sold for $1,666,600 (+24.4% from last year)
• Toronto Condos sold for $668,161 (+0.8% from 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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