August Toronto Real Estate Market Stats: Back to school. Back to reality. Back to real estate?
As the last fireworks of the CNE fizzled out and backpacks got packed for the first day back, the GTA real estate market was quietly stacking up listings — a lot of them. August wasn’t just the unofficial end of summer; it marked the beginning of a new season in real estate, where supply has officially stolen the show.
TRREB reported over 27,000 homes for sale last month — a staggering 22.4% increase year over year. That’s the second highest inventory count we’ve seen in 2025, and enough choice to make even the pickiest buyer pause and say “hmm, maybe now?”
And yet… the buyers are still pacing the sidelines. Sure, sales were up 2.3% compared to last August, and average prices dipped again to just over $1.02M, but interest rates are still gatekeeping a full-blown resurgence. Even TRREB’s Chief Information Officer admitted it: lower rates are needed to unlock the pent-up demand we all know is there.
The condo market, meanwhile, is feeling the pressure of record-high new unit deliveries, with average prices down 4.2% year over year and sales hovering between 1,400–1,500 per month across the region.
Bottom line? August gave us more of what we’ve seen all year — lots of inventory, stable (but softened) prices, and a wait-and-see buyer pool. But with fall routines setting in and rate cuts still possible this year, we may be headed toward a more balanced — or at least busier — fall market.
Let’s dig into what actually happened across each region and what it means for you.
📊 GTA-Wide Snapshot: A Market Full of Maybes
Inventory is up. Sales are up. But prices are… down. The Greater Toronto Area saw a 22.4% increase in new listings year-over-year, giving buyers a summer smorgasbord of options. The average price dipped below $1.03M as sellers competed for attention in a crowded field. Despite lower borrowing costs, buyers are still being cautious — but they’re showing up.
Average Price: $1,022,143 (-5.2% YoY)
Sales: 5,211 (+2.3% YoY)
New Listings: 27,495 (+22.4% YoY)
Active Listings: 30,282 (+20.6% YoY)
MOI (Months of Inventory): 5.8 → Buyers' market
Average Days on Market: 24
Condo Sales: 1,480
Condo Average Price: $683,165 (-4.2% YoY)
What this means: This is the kind of market where buyers with their financing ready can take their pick. For sellers, strategy is everything — and price is the loudest part of your marketing.
Toronto: Too Much of a Good Thing?
(Buyers have options. Sellers have anxiety.)
Toronto’s real estate buffet is overflowing — but buyers are still slow to fill their plates. Active listings jumped 24.3% year-over-year, while the average sale price slid under $1.01M. Condos made up most of the action but faced major competition from record-high new supply. It's not that people aren’t buying — they’re just being picky.
Average Price: $1,005,304 (-4.4% YoY)
Sales: 1,628 (+1.6% YoY)
New Listings: 8,692 (+17.3% YoY)
Active Listings: 9,648 (+24.3% YoY)
MOI: 5.9 → Buyers' market
Average Days on Market: 26
Condo Sales: 1,036
Condo Average Price: $723,157 (-3.7% YoY)
What this means: If you're buying — negotiate. If you're selling — position wisely. Pricing it right the first time matters more than ever.
Mississauga: Holding Steady in a Sea of Supply
(Buyers are showing up — but only for the right listings.)
Mississauga saw a solid 8.4% increase in sales over last August, despite listings growing by nearly 20%. Buyers are coming out, but they’ve got options — and they're skipping anything overpriced or poorly marketed. Condos continue to be a popular pick, even with prices dipping slightly.
Average Price: $946,221 (-2.6% YoY)
Sales: 520 (+8.4% YoY)
New Listings: 1,586 (+19.8% YoY)
Active Listings: 1,717 (+12.5% YoY)
MOI: 5.6 → Buyers' market
Average Days on Market: 22
Condo Sales: 225
Condo Average Price: $626,164 (-1.5% YoY)
What this means: Sellers, prep and price like pros. Buyers, there’s room to negotiate — but don’t snooze on a well-priced gem.
Oakville: Luxury Listings Meet Patient Buyers
(Big-ticket homes, slower timelines.)
Oakville’s listings surged over 25%, but sales dropped slightly year-over-year. The average price remained over $1.4M, but high-end homes are taking longer to move. It’s still a desirable market, but luxury buyers are cautious — and taking their sweet time.
Average Price: $1,407,682 (-2.4% YoY)
Sales: 254 (-4.5% YoY)
New Listings: 925 (+25.5% YoY)
Active Listings: 1,030 (+14.2% YoY)
MOI: 6.2 → Buyers' market
Average Days on Market: 25
Condo Sales: 34
Condo Average Price: $731,839 (-2.1% YoY)
What this means: If you're selling in Oakville, expect longer timelines and discerning buyers — but real demand still exists.
York Region: Listings Balloon, Prices Retreat
(The space race is slowing down — but still moving.)
York Region saw a flood of new listings — up 28.7% YoY — and average prices dropped 6.7%. While buyer activity remained similar to last year, they have the upper hand now. MOI ticked above 6, giving buyers ample room to breathe.
Average Price: $1,270,582 (-6.7% YoY)
Sales: 851 (+1.1% YoY)
New Listings: 4,407 (+28.7% YoY)
Active Listings: 5,018 (+26.3% YoY)
MOI: 6.2 → Buyers' market
Average Days on Market: 23
Condo Sales: 118
Condo Average Price: $714,343 (-3.1% YoY)
What this means: This is one of the most flexible markets in the GTA right now — especially for buyers who’ve been waiting.
Durham Region: Still Affordable… For Now
(Sales are up, but competition is fierce.)
Durham saw the biggest jump in sales across the GTA — up 13.1% YoY — but active listings also swelled. Prices held relatively steady compared to the rest of the GTA. Detached homes in the $800K–$1M range are still in demand — especially if staged and priced smart.
Average Price: $897,203 (-2.7% YoY)
Sales: 729 (+13.1% YoY)
New Listings: 2,081 (+22.5% YoY)
Active Listings: 2,262 (+16.4% YoY)
MOI: 5.5 → Buyers' market
Average Days on Market: 21
Condo Sales: 52
Condo Average Price: $562,827 (-3.8% YoY)
What this means: If you’re a buyer who values space and budget-friendliness, Durham remains a strong contender. But sellers are still competing hard — especially on presentation.
Brampton: Brimming with Listings
(Inventory is back, but buyer momentum is just okay.)
Inventory in Brampton popped by 28%, and while sales are also up slightly, it hasn’t been a full-on rush. Detached homes are seeing more activity, but condo sales remain modest. The price drop here was steeper than some GTA neighbours — a sign that sellers are adjusting to reality.
August 2025 Brampton Stats
Average Price: $956,308 (-7.3% YoY)
Sales: 536 (+1.5% YoY)
New Listings: 1,774 (+28.0% YoY)
Active Listings: 1,998 (+16.2% YoY)
MOI: 5.8 → Buyers' market
Average Days on Market: 22
Condo Sales: 52
Condo Average Price: $577,279 (-2.8% YoY)
What this means: Lots of choice for buyers, and motivation from sellers — a recipe for negotiation wins.
What This Means for Buyers and Sellers?
The long-weekend BBQs may be over, but for real estate? Things are just heating up. Inventory levels haven’t been this high in years — and while interest rates and buyer hesitancy are keeping the pace modest, savvy buyers are creeping back in.
📉 For buyers: If you’re pre-approved and ready to go, this is your window. You’ve got options, leverage, and the potential to negotiate a price that would’ve been laughable two years ago. Let’s talk.
📈 For sellers: It’s not a lost cause — but it is a competitive one. This market demands strong pricing, great marketing, and thoughtful strategy. You want someone who knows how to read between the lines (hi, it’s me 👋).
🎒Real estate isn’t seasonal anymore — it’s strategic.
So if you’re thinking of making a move this fall, let’s build a game plan that gets you an A+ result.
