April Toronto Real Estate Market Stats: The Market?! It’s A Little Weird

May 7

You know that feeling when all the right ingredients should be there — but the recipe still doesn’t quite come together? That’s the 2025 Toronto real estate market. It’s acting a little weird — even for the Toronto real estate market.

Interest rates have come down, inventory’s up, and there’s a lot more choice out there. But despite these shifts, things aren’t moving the way you’d expect. Spring market has not sprung.

Buyers are hesitant, sellers are recalibrating, and everyone’s feeling the weight of uncertainty — from interest rate anxiety to broader economic questions. And for buyers and sellers alike, the spring market has not sprung. — from interest rate anxiety to broader economic questions. April brought a modest uptick in activity compared to March, but year-over-year, sales were still down 23.3% across the GTA. Prices dipped, days on market increased, and yet… no real momentum.

According to TRREB, the average selling price in the GTA was $1,107,463 — a 4.1% drop from April 2024. Condo sales were down nearly 30%, with average prices falling 6.9% as a wave of new inventory continued to hit the market. Meanwhile, developers are pressing pause on future launches, setting the stage for a very different supply story down the road.

So what’s going on in each pocket of the GTA? Let’s dig into the numbers:

Greater Toronto Area (GTA) - More listings, fewer sales, & a shift in control.

The GTA market continued to favour buyers in April. With active listings up 54% year-over-year, the increase in supply is creating room to breathe — and negotiate. While prices dipped slightly, the bigger story is how much leverage buyers now have compared to this time last year.

Average selling price: $1,107,463 (↓ 4.1% YoY)
Home sales: 5,601 (↓ 23.3%)
New listings: 16,941 (↓ 0.5%)
Active listings: 27,386 (↑ 54%)
Average days on market: 28 (up from 24 in April 2024)
Condo average price: $678,048 (↓ 6.9%)
Condo sales: 1,430 (↓ 29%)

What this means: Buyers finally have more inventory and time to make decisions, and they’re using it. Sellers must adjust their pricing strategy to stay competitive in a shifting landscape.

City of Toronto Stats - Stable pricing, but slower sales and wary buyers.

Toronto home prices stayed relatively stable, but sales fell 17.5%. Condos in particular are under pressure, with prices down over 7% and sales down nearly 30%.

Average price: $1,144,977 (↓ 0.6%)
Sales: 2,129 (↓ 17.5%)
Active listings: 10,563 (↑ 40.7%)
Days on market: 29
Condo average: $710,724 (↓ 7.3%)
Condo sales: 925 (↓ 29.3%)

What this means: More choice and less urgency make this an appealing time to buy in the city. Sellers should focus on sharp pricing and strong marketing.

Mississauga: Prices Down - Buyers Call The Shots

Mississauga’s market correction continued in April, with average prices falling more than 11%. This is one of the sharpest declines in the GTA, and it’s giving buyers the upper hand in nearly every segment — especially condos.

Mississauga saw one of the steepest annual price drops in the GTA. The condo market also cooled considerably, with prices and sales both down over 12%.

Average price: $993,959 (↓ 11.7%)
Sales: 490 (↓ 20.3%)
Active listings: 2,391 (↑ 59.6%)
Condo average: $549,790 (↓ 12.3%)
Condo sales: 136 (↓ 21.8%)

What this means: Buyers have significant negotiating power. Sellers need to meet the market where it is.

Oakville: Luxury Slows. Options Grows.

In Oakville, the story is inventory. The number of active listings surged in April, giving luxury buyers more choice and leverage than we’ve seen in recent years. Prices are sliding gently, and homes are sitting longer. Oakville’s luxury market softened, with inventory up 87% and sales down 22%.

Average price: $1,513,732 (↓ 4.6%)
Sales: 223 (↓ 22.3%)
Active listings: 1,346 (↑ 86.9%)
Condo average: $685,769 (↓ 3.5%)
Condo sales: 36 (↓ 23.4%)

What this means: Buyers have options, and they're taking their time. Sellers should prepare for longer market times.

Durham Region: Fast Closings & Strong Value

Durham continues to hold strong in a shifting market. While sales dipped, homes are still selling faster here than in any other region. It remains one of the best value plays for buyers prioritizing space and speed. Durham continues to offer value, with more moderate price drops and quick sales.

Average price: $913,500 (↓ 3.2%)
Sales: 769 (↓ 18.9%)
Active listings: 2,445 (↑ 57.8%)
Condo average: $545,852 (↓ 2.5%)
Condo sales: 48 (↓ 21.3%)

What this means: Homes are still moving quickly here, but buyers are negotiating. Sellers have an edge — for now.

York Region: Sales Slow - Opportunities for Upsizers

York Region’s cooling trend continued, with sales down nearly 30% and condo values taking a noticeable dip. But for buyers looking to move up the property ladder, this market is becoming ripe with opportunity.

York Region posted one of the biggest drops in both sales and condo values.

Average price: $1,256,615 (↓ 5.3%)
Sales: 894 (↓ 29.6%)
Active listings: 5,157 (↑ 55.7%)
Condo average: $665,859 (↓ 7.3%)
Condo sales: 190 (↓ 30.9%)

What this means: A good time for buyers to step up, especially those upgrading. Sellers need to stay flexible.

Brampton: Budget Friendly - Soft Market

Affordability keeps Brampton on the radar for first-time buyers, but overall market momentum remains slow. Inventory levels are up, and while prices have dipped, sales activity hasn’t picked up just yet.

Affordable prices continue to draw buyers to Brampton, but sales were still down nearly 20%.

Average price: $944,297 (↓ 8.0%)
Sales: 414 (↓ 19.9%)
Active listings: 2,210 (↑ 63.9%)
Condo average: $495,296 (↓ 7.7%)
Condo sales: 28 (↓ 28.0%)

What this means: Brampton remains budget-friendly, but sellers must prep and price properly to compete.

What This Means for Buyers and Sellers?

Whether you’re buying or selling, the numbers this month reinforce one thing: the market isn’t behaving the way it normally does this time of year. There's more inventory, less urgency, and a whole lot of strategy needed to navigate it all.

📉 For buyers: You’ve got more inventory to choose from and fewer bidding wars to navigate. Prices have dipped, sellers are more flexible, and there’s real room to negotiate — especially on condos. If you’ve been waiting for the right conditions, this might just be your chance to buy strategically (and without the panic).

📈 For sellers: This isn’t 2021. You’re competing with more listings, and buyers are moving slower — so pricing, presentation, and patience matter more than ever. But if your home is well-prepped and priced right, it will stand out in this market.

📲 Want to make sense of what these numbers mean for your next move? Let’s chat — strategy session, coffee, or both.