Toronto Housing Market Report
This is an archived monthly report for July 2025. View the latest Toronto market report (July 2026) →
July 2025 snapshot — all home types
In July 2025, the Toronto housing market recorded 2,205 home sales — down 4.9% from June 2025. The average selling price was $1,044,576 (median $850,000), down 7.8% month-over-month.
On the supply side, 6,008 new listings came to market and 10,933 properties were available at month-end, roughly 4.7 months of inventory. Homes sold for an average of 98.0% of the list price and took about 31 days to sell.
By property type
| Home Type | Sales | Avg. Price | Median | MoM | YoY |
|---|---|---|---|---|---|
| All Home Types | 2,205 | $1,044,576 | $850,000 | -7.8% | — |
| Detached | 675 | $1,572,832 | $1,220,000 | -4.2% | — |
| Semi-Detached | 252 | $1,242,388 | $1,130,000 | -2.8% | — |
| Townhouse | 78 | $1,114,577 | $1,016,750 | -5.0% | — |
| Condo Townhouse | 153 | $821,101 | $760,000 | -0.8% | — |
| Condo Apartment | 1,028 | $684,257 | $595,000 | -6.4% | — |
Trend up to July 2025— average price & sales
| Month | Sales | Avg. Price | New Listings | Active |
|---|---|---|---|---|
| July 2025 | 2,205 | $1,044,576 | 6,008 | 10,933 |
| June 2025 | 2,319 | $1,132,709 | 7,053 | 11,736 |
| May 2025 | 2,315 | $1,155,616 | 7,888 | 11,705 |
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Source: Toronto Regional Real Estate Board (TRREB) Market Watch, July 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).