Toronto Housing Market Report
This is an archived monthly report for May 2025. View the latest Toronto market report (July 2026) →
May 2025 snapshot — all home types
Average Price$1,155,616
— MoM— YoY
Home Sales2,315
— MoM— YoY
New Listings7,888
— MoM— YoY
Median Price$927,500
— MoM— YoY
Active Listings11,705
Months of Inventory4.6
Sales-to-New-Listings34.3%
Avg. Sale/List Price100.0%
Avg. Days on Market26
In May 2025, the Toronto housing market recorded 2,315 home sales. The average selling price was $1,155,616 (median $927,500).
On the supply side, 7,888 new listings came to market and 11,705 properties were available at month-end, roughly 4.6 months of inventory. Homes sold for an average of 100.0% of the list price and took about 26 days to sell.
By property type
| Home Type | Sales | Avg. Price | Median | MoM | YoY |
|---|---|---|---|---|---|
| All Home Types | 2,315 | $1,155,616 | $927,500 | — | — |
| Detached | 781 | $1,719,937 | $1,385,000 | — | — |
| Semi-Detached | 277 | $1,299,387 | $1,188,000 | — | — |
| Townhouse | 112 | $1,298,627 | $1,221,000 | — | — |
| Condo Townhouse | 158 | $804,887 | $750,000 | — | — |
| Condo Apartment | 973 | $709,905 | $607,000 | — | — |
More Toronto monthly reports
Nearby market reports
Source: Toronto Regional Real Estate Board (TRREB) Market Watch, May 2025. Statistics are based on MLS® System sales reported by TRREB member brokerages and are provided for general information only. MLS® is a registered trademark of the Canadian Real Estate Association (CREA).