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Toronto Real Estate Board October MLS sale statistics:
- GTA single family home sales including condominiums 6138.
- Volume - down 9.5%, compared to October 2024 - 6784 sales.
- Volume - up 9.7% sales compared to September 2025 - 5592 sales.
- Average price of a GTA single family home - $1,074,978.
- Down 0.038% from 2024's average price of - $1,120,244.
(The GTA is Burlington to Clarington, Lake Ontario to Lake Scugog)
“The monthly mortgage payment for an average-priced GTA home continued to trend lower in October, benefitting from both lower borrowing costs, and lower selling prices. This means more buyers can now afford to purchase a home that meets their housing needs. Once we have more certainty on the economic front, including trade with the U.S. and China, home sales should increase,” 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.
- October 2025 20-45% 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 October residential resale market was "spotty" and a buyer's market
- Some properties remain unsold after months or even two years.
- Some under priced or reasonably priced homes sold in "bidding wars".
- The condominium sector recorded modest gains in both pricing and activity.
- Monthly condo sales increased by 8%.
- According to Phil Soper, Royal LePage CEO, buyer sentiment is being influenced by a complex mix of economic and pyschological factors. Buyers remain cautious amid high living costs, perceived job uncertainty, and unease about economic prospects.
October Average Prices:
| Detached 416 : $1,619,047 |
Detached 905: $1,262,161 |
| Semi-detached 416 : $1,219,254 |
Semi-Detachec 905: $886,836 |
| Townhouse 416 : $890,678 |
Townhouse 905: $832,210 |
| Condo 416: $694,241 |
Condo 905: $574,111 |
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1987
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$189,105
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2006
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$351,941
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1988
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$229,635
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2007
|
$376,236
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|
1989
|
$273,688
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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
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2015
|
$622,120
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|
1997
|
$211,307
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2016
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$729,837
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1998
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$216,815
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2017
|
$822,572
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1999
|
$228,372
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2018
|
$787,865
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2000
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$243,255
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2019
|
$819,279
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|
2001
|
$251,508
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2020
|
$929,636
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|
2002
|
$275,231
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2021
|
$1,095,475
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|
2003
|
$293,067
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2022
|
$1,190,749
|
|
2004
|
$315,231
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2023
|
$1,126,263
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|
2005
|
$335,907
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2024
|
$1,120,244
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