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

December Real Estate Market

Toronto Real Estate Board December MLS sale statistics:

  • GTA single family home sales including condominiums 3697.
  • Volume - down 8.9%, compared to December 2024 - 4056 sales.
  • Volume - down 26% sales compared to November 2025 - 4997 sales.
  • Average price of a GTA single family home - $1,067,968.
  • Down 4.7% from 2024's average price of - $1,120,241.

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

“Reaffirmed trade relationships and large-scale domestic economic development projects will be key for improved home sales moving forward. GTA households must be confident in their employment situation before committing to long-term monthly mortgage payments, even in this more affordable market,” 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.
  • December 2025 0-30% 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 December residential resale market was soft market and a mixed one.

  • Some properties remain unsold after months or even two years.
  • Some under priced or reasonably priced homes sold in "bidding wars".
  • The condo apartment segment experienced an average price decline of 7.3% from a year ago.
  • Condo sales volume saw a 11.2% drop compared to December 2024.

December Average Prices:

Detached 416 : $1,498,079 Detached 905: $1,239,882
Semi-detached 416 : $1,122,309 Semi-Detachec 905: $852,237
Townhouse 416 : $976,161 Townhouse 905: $832,199
Condo 416: $663,227 Condo 905: $555,110

Average GTA Prices 1987 to 2025

1987
$189,105
2006
$351,941
2025
$1,067,968
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
$1,120,241
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