Courtesy of Amir Baxaria

Use City of Toronto Numbers

Toronto February Market Report

$1,782,262 detached

$724,632 condo/apartment DOWN 0.3% year-to-year

UP 7.6% year-to-year

$912,334 condo/townhouse UP 4.8% year-to-year

AVERAGE SALE PRICES

1,540 SOLD LISTINGS 4,641 NEW LISTINGS

detached 1,214

303 condo/town.

37.1% SALES TO NEW LISTING RATIO

30 DAYS ON MARKET

4.1 MONTHS OF INVENTORY

7,809 ACTIVE LISTINGS (residential inventory)

GTA REALTORS ® , March 5, 2025 – Home buyers continued to benefit from substantial choice in the Greater Toronto Area (GTA) resale market in February 2025. Home sales last month were down in comparison to the same period last year, while listing inventory remained high, providing substantial negotiating power for homebuyers. “Many households in the GTA are eager to purchase a home, but current mortgage rates make it difficult for the average household income to comfortably cover monthly payments on a typical property. Fortunately, we anticipate a decline in borrowing costs in the coming months, which should improve affordability,” said TRREB President Elechia Barry-Sproule.

GTA REALTORS ® reported 4,037 home sales through TRREB’s MLS ® System in February 2025 – down by 27.4 per cent compared to February 2024. New listings in the MLS ® System amounted to 12,066 – up by 5.4 per cent year-over-year. On a seasonally adjusted basis, February sales were down month over-month compared to January 2025. The average selling price, at $1,084,547, was down by 2.2 per cent compared to the February 2024. Statistics reflect market activity in February 2025 | Source: TRREB ® Toronto Regional Real Estate Board | Market values stated are average prices. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home.

Oh by the way... I am never too busy for any of your referrals.

| rltramir@yahoo.com

Privacy Disclosure: We respect your privacy. The sponsor indicated on the front panel provides a complimentary subscription of this publication to you, a valued client. If at any time or for any reason you do not want to receive this publication, please contact the sponsor using any of the contact info on the front panel, and your personal information will be removed from the mailing list immediately. Without response to this cancellation offer, we assume your implied consent and permission to continue provision. Disclaimer: This publication is distributed for the purpose of information only. It is not intended to solicit buyers or sellers currently under contract by a real estate firm or under contract with another Broker or Mortgage Specialist, nor is it intended to cause or induce breach of any existing agreement. Distributed by: dmsmarketing.ca Copyright© 2025 All Rights Reserved / Printed on recyclable material. The trademarks REALTOR ® , REALTORS ® and the REALTOR ® logo are controlled by CREA and identify real estate professionals who are members of CREA.