11/07/2025
📊 October 2025 GTA Real Estate Market Update
📰 Key Highlights – TRREB October 2025 Report
🔹The GTA housing market saw fewer sales in October, as some buyers took a wait-and-see approach following September’s activity boost.
🔹Average selling price: $1,054,372, down 7.2% year-over-year, reflecting continued buyer negotiation power in a balanced market.
🔹Total active listings: 27,808, up 17.2% from October 2024 — giving buyers more selection and opportunities to find value.
🔹Monthly sales: 6,138, representing a 9.5% decline compared to last year.
🔹Average days on market: 50 days, indicating slightly slower movement as inventory levels rise.
🔹Despite softer sales, lower borrowing costs and upcoming expected rate cuts could improve affordability heading into the winter market.
📊 Year-over-Year Snapshot (vs. October 2024)
🔹Total Active Listings: 27,808 (▲ 17.2%)
🔹Average Days on Market: 50 days (▲ 16.3%)
🔹Average Price: $1,054,372 (▼ 7.2%)
🔹Monthly Sales: 6,138 (▼ 9.5%)
📈 Month-over-Month (October 2025 vs. September 2025)
🔹Sales: Slightly up from September, showing stable buyer interest.
🔹New Listings: Moderated slightly, maintaining steady supply levels.
🔹Average Price: Down marginally (–0.5%), suggesting balanced market conditions.
💰 Average Prices by Property Type – October 2025
🟢 416 Area (City of Toronto):
🔹Detached: $1,619,047 (747 homes sold)
🔹Semi-Detached: $1,219,254 (263 homes sold)
🔹Townhouse: $890,678 (250 homes sold)
🔹Condominium: $699,241 (1,072 units sold)
🟢 905 Area (Surrounding GTA):
🔹Detached: $1,262,161 (2,109 homes sold)
🔹Semi-Detached: $886,836 (332 homes sold)
🔹Townhouse: $832,210 (802 homes sold)
🔹Condominium: $574,111 (486 units sold)
💡 What This Means for Buyers & Sellers
🟢 For Buyers: The fall market continues to offer excellent opportunities. With increased listings and stable pricing, buyers can negotiate confidently — especially before any potential rate drops ahead.
🔴 For Sellers: Although prices are slightly lower than last year, serious buyers are still active. Strategic pricing and strong presentation remain key to achieving a successful sale in today’s competitive environment.
Thinking of buying or selling next? Let’s connect.
📞 Rahat Hussain | REALTOR®
Century 21 Leading Edge Realty Inc.
📱 416.419.1247
✉️ [email protected]
🌐 realtorrahat.ca