Market Update – March 2025

On in So How's the Market in Toronto by

Central Toronto REALTORS® reported 194 detached home sales through the Toronto MLS® in March 2025; and on average, these detached homes sold for $2,296,016.

Last year, in March 2024, Toronto MLS® reported 214 freehold detached home sales across Toronto – which is a 9% decrease volume for this year. It was also reported that on average, freehold detached homes sold for $2,186,841 in March 2024 – and that’s a 5% increase in sale prices for this March.

With respect to semi-detached homes… Central Toronto REALTORS® reported 175 semi-detached home sales in March 2025; and on average, these semi-detached homes sold for $1,476,918 last month.

That compares to 170 semi-detached home sales in March 2024 – which is a 3% increase in volume for this year. But again, it was also reported that on average, semi-detached homes sold for $1,477,175 in March 2024 – and that’s an 0.02% decrease in sale prices for this March.

With respect to condo sales, Central Toronto REALTORS® reported 529 condo sales in March 2025; and on average, these condos sold for $809,912 last month.

In March 2024, there were 696 condo sales – which is a 24% decrease in volume for this year. On average, these condos sold for $811,184 – and that’s a 0.2% decrease in sale prices for this March!

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