Column Toronto Real Estate Brokerage Royal LePage RES Ltd/Johnston and Daniel Division Toronto REALTORS® Louise Dodd and Jason Dodd
Column Middle Toronto REALTOR® Louise Dodd Toronto REALTOR® Jason Dodd Toronto Real Estate Services Toronto Real Estate for Sale Previous Toronto Real Estate Sales Toronto Real Estate Information and Other Information

April Real Estate Market

Toronto Real Estate Board April MLS sale statistics:

  • GTA single family home sales including condominiums 5601.
  • Volume - down 23.3%, compared to April 2024 - 7302 sales.
  • Volume - up 12% compared to March 2025 - 5011 sales.
  • Average price of a GTA single family home - $1,085,275.
  • Down 0.03% from 2024's average price of - $1,117,156.

(The GTA is Burlington to Clarington, Lake Ontario to Lake Scugog)

“Inventory levels remained elevated historically in April, pointing to substantial choice for households looking to purchase a home in the GTA. Buyers took advantage of this choice when negotiating purchase prices, which resulted in a lower average price across market segments compared to last year. Lower prices coupled with lower borrowing costs translated into more affordable monthly mortgage payments,” said TRREB Chief Information Officer Jason Mercer.

We track MLS sales daily.

  • November 2016 to May 30th 2017, 90% of central district properties sold over asking price.
  • April 2025 11-50% of central district properties sold for over asking price daily. (Based on district.)

(Central districts cover the Lake to York Mills, and the Humber River to Victoria Park.)

The April residential resale market was mixed and there was an increase in number of sales.

  • Some properties remain unsold after months or even two years.
  • Some under priced or reasonably priced homes sold in "bidding wars".
  • Inventory increased to 27,386 active listings, a 51% year over year increase.
  • The forecast is that it will take 1 1/2 to 2 years for the GTA condominium market to recover.

April Average Prices:

Detached 416 : $1,700,710 Detached 905: $1,324,280
Semi-detached 416 : $1,266,322 Semi-Detachec 905: $944,934
Townhouse 416 : $1,018,499 Townhouse 905: $884,746
Condo 416: $710,724 Condo 905: $618,196

Average GTA Prices 1987 to 2024

1987
$189,105
2006
$351,941
1988
$229,635
2007
$376,236
1989
$273,688
2008
$379,347
1990
$255,020
2009
$395,460
1991
$234,313
2010
$431,276
1992
$214,971
2011
$465,014
1993
$206,490
2012
$497,130
1994
$208,921
2013
$522,958
1995
$203,028
2014
$566,624
1996
$198,150
2015
$622,120
1997
$211,307
2016
$729,837
1998
$216,815
2017
$822,572
1999
$228,372
2018
$787,865
2000
$243,255
2019
$819,279
2001
$251,508
2020
$929,636
2002
$275,231
2021
$1,095,475
2003
$293,067
2022
$1,190,749
2004
$315,231
2023
$1,126,263
2005
$335,907
2024
$1,117,156
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