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Toronto Market Report

May 2020


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Toronto Real Estate Market Update - May 2020

Sylvia Schmidt

Enthusiasm and a zest for life are two of the driving forces behind my real estate practice – and my life...

Enthusiasm and a zest for life are two of the driving forces behind my real estate practice – and my life...

Jun 9 1 minutes read

If you’re thinking about selling your home, it's important to have a good understanding of what’s going on in the Toronto market.

Knowing the most important data such as the average sales price, the number of homes sold, and days on market will better prepare you to sell your home.

My May market report showcases everything you need to know about local real estate trends.

 

$955,273

Average Sales Price

1.8% Since same time last year

27

Average Days on Market

1.7

Months of Supply

 

1,422,273

Detached Average 

Sales Price


 2.7% Since same time last year

1,143,322 

Semi-Detached 

Average Sales Price


↑ 8.8% Since same time last year

1,017,079

Row/Townhouse

Average Sales Price


↓ 2.3% Since same time last year

 

674,028

Condo Apartment 

Average Sales Price


 4.8% Since same time last year

715,582

Condo Townhouse 

Average Sales Price


↑ 3.2% Since same time last year


Homes Sold

102%

Sale-to-List Price


Curious about what
your home is worth now?

I'm able to explain what these numbers mean for you and your home's current market value. 

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