10/07/2025
Toronto Real Estate Market September 2025 📊
GTA overview: Sales rose 8.5% year over year. The average price was 1,059,377, down 4.7%. Homes took an average of 33 days to sell, which is 22% longer than last year.
In the 416, detached homes saw 675 sales, up 12.5%, with an average price of 1.69 million, down 0.8%. Semi-detached had 214 sales, up 17.6%, with an average price of 1.18 million, down 8.9%. Condos recorded 940 sales, up 7.4%, with an average price of 681,000, down 3.8%.
For buyers, more listings and a slower pace mean stronger negotiating power, but well-priced quality listings still move quickly. Lock in a rate hold now, as the next Bank of Canada announcement is later this month and any further easing could affect demand heading into winter.
For sellers, pricing strategically is key. Days on Market increased by 22% YoY to 33. Listings are taking longer to sell. Buyers are active but selective and benefit from more choice.
The Bank of Canada has already started easing this year, and the late October announcement will be closely watched for the next policy move.
