Toronto Midtown Property Pulse© January 2024

In January, the overall average transaction price of second-hand homes in Toronto’s Midtown remained flat year-on-year, with a significant increase in transaction volume by 19%.

The characteristic of the detached house market in Toronto midtown is high prices and low transactions. Therefore, fluctuations in historical and current data within the region often lead to significant changes in the year-on-year ratio. In January, the average price of detached houses in Toronto’s Midtown exceeded 3 million dollars, marking a 43% year-on-year increase, a significant contrast with the housing market’s low point during the same period last year. Month-on-month, average price of detached houses in midtown increased by 5.5%.

The average prices of semi-detached houses and townhouses in Midtown increased by 16% year-on-year in January.

The average price of Condo apartments decreased by 8% year-on-year in January, while the transaction volume saw a significant increase of 55% year-on-year.

Toronto Midtown Property Pulse© November 2023

In November, the average transaction price of second-hand homes in Midtown Toronto increased by 4% year-on-year.

The average price of detached houses in Midtown, which has consistently held a leading position in the Greater Toronto Area, saw a month-on-month decrease in November. However, on a year-on-year basis, there was still a significant increase of 12%, highlighting the value preservation nature of detached houses in Midtown.

The average transaction prices of semi-detached houses and townhouses in Midtown increased slightly by 2% year-on-year in November.

The average price for Condo in Midtown decreased by 8% year-on-year in November.

In terms of transaction volume, the trends for different types of homes in Midtown showed an inverse relationship with the average price trends. For categories where the average price increased year-on-year, the transaction volume decreased, and vice versa.

Toronto Midtown top1% real estate agent Daisy Huang shares【Toronto Midtown real estate market November 2023】

Toronto Midtown Property Pulse© October 2023

In October, the average transaction price of second-hand homes in Toronto’s Midtown area showed exceptionally bright performance, surging by 25% compared to the same period last year.

The average price of detached houses in Midtown has consistently taken the lead in GTA, reaching a historic high of 3.79 million dollars in October, with a staggering year-on-year increase of 30%.

The average transaction prices of semi-detached houses and townhouses in Midtown in October also exceeded 2 million dollars, with a notable year-on-year increase in transaction volume by 18%.

In Toronto’s Midtown area, the average price of Condos increased by 16% year-on-year in October, while condo’s transaction volume decreased by 8%.

Toronto Midtown top1% real estate agent Daisy Huang shares【Toronto Midtown real estate market October 2023】