June Toronto Real Estate Market Stats: Smoke in the Air, Strategy on the Ground
If you’ve stepped outside recently, you’ve probably noticed two things: the air is thick with wildfire smoke, and the sun feels like it’s auditioning for a role in a sci-fi apocalypse. While Torontonians are dodging heatwaves and swapping patio drinks for air purifiers, the real estate market is quietly shifting behind the scenes — and it's worth paying attention to.
In June 2025, we saw a notable uptick in inventory, with 31,603 active listings across the GTA — a massive 30.8% increase compared to the same time last year. With more listings flooding the market, buyers finally had room to breathe (just not outdoors). This added supply helped keep prices in check, with the average selling price for all home types landing at $1,101,691, down 5.4% year-over-year.
Sales activity remained relatively flat — 6,243 homes sold across the GTA, a slight 2.4% dip from June 2024 — but notably even with May, which could indicate a levelling out after a slower spring. And while borrowing costs have decreased from the peak, many buyers are still hesitant, waiting for either prices to drop further or interest rates to take another dip. The average time it took to sell a home also climbed to 27 days, a 22.7% increase, showing that properties are lingering a bit longer on the market — even with motivated sellers adjusting their expectations.
TRREB’s Chief Market Analyst, Jason Mercer, pointed to cross-border trade tensions and the broader economic mood as key factors affecting consumer confidence. However, there’s cautious optimism that two more interest rate cuts could be on the horizon, potentially giving even more purchasing power to buyers in the months ahead.
As for condos, it’s a story of stability — with a side of softness. Condo sales across the GTA were essentially flat, down just 0.7% year-over-year, but prices dropped 4.3%, averaging $696,424. Inventory in the condo market is sitting around seven months, reflecting a steady stream of new units hitting the market. While this offers buyers more selection, it’s also putting gentle downward pressure on prices.
And in case you’re wondering if that seasonal "summer slowdown" is in full swing — the answer is yes, but it’s less of a slump and more of a simmer. Think: more open houses, fewer bidding wars, and a lot more negotiation happening at the table.
📊 GTA-Wide Snapshot: More Listings, Milder Prices, Market in Motion
The GTA market continues to soften gently, with more listings and fewer bidding wars setting the tone. June saw a significant jump in active listings, while average prices dipped slightly. Sales remained fairly stable, showing that motivated buyers are still out there — but they’re negotiating harder and taking their time.
Average Price: $1,101,691 ↓ 5.4%
Total Sales: 6,243 ↓ 2.4%
Active Listings: 31,603 ↑ 30.8%
Days on Market: 27 ↑ 22.7%
Condo Average Price: $696,424 ↓ 4.3%
Condo Sales: 1,510 ↓ 0.7%
Months of Inventory: 5.06
What this means: This isn’t a high-pressure market — and that’s a good thing. With prices adjusting and more options to choose from, the GTA is offering buyers rare breathing room. Sellers, on the other hand, need to price strategically and present their homes at their best to stay competitive.
Toronto: Sales Inch Up, Prices Gently Slide
Toronto was one of the only regions to post a year-over-year sales increase, hinting that confidence is starting to creep back into the core. That said, prices are still down, and condos continue to cool. Sellers need to be strategic; buyers have options.
Average Price: $1,132,709 ↓ 3.5%
Total Sales: 2,319 ↑ 3.7%
Active Listings: 11,736 ↑ 22%
Days on Market: 28
Condo Average Price: $731,232 ↓ 4.2%
Condo Sales: 990 ↓ 2.4%
What this means: More choice, softer pricing, and slightly stronger sales signal that urban buyers are back… but only for listings that are move-in ready and priced right.
Mississauga: Buyers Calling the Shots
Mississauga is shifting into full-on buyer market mode. Inventory has surged, prices are down across the board, and the average condo is now well under $600K. If you’ve been waiting for your moment to buy in this city — this could be it.
Average Price: $1,019,578 ↓ 7.6%
Total Sales: 528 ↓ 4.3%
Active Listings: 2,905 ↑ 42.3%
Days on Market: 28
Condo Average Price: $576,909 ↓ 7.9%
Condo Sales: 125 ↓ 7.4%
What this means: Inventory is elevated, prices are easing—particularly in condos—and buyers are in the driver’s seat. This is prime ground for value-minded shoppers.
Oakville: Luxury Listings Surge, Condos Catch Fire
Oakville is moving in its own direction. Overall prices dipped slightly, but sales actually climbed — and the condo market is hot. With prices rising and sales volume nearly doubling, Oakville condos were the rare winner in June.
Average Price: $1,448,777 ↓ 2.3%
Total Sales: 257 ↑ 15.2%
Active Listings: 1,443 ↑ 48.6%
Days on Market: 29
Condo Average Price: $832,090 ↑ 6.5%
Condo Sales: 51 ↑ 75.9%
What this means: Detached prices are easing, yes—but condos are bucking the trend with solid gains. Luxury buyers are cautiously stepping back in.
York Region: Confidence Fades as Inventory Rises
York saw the biggest year-over-year dip in both price and sales. Buyers are staying cautious, while listings continue to pile up. But despite the slowdown, condo sales actually rose — signaling where affordability seekers may be shifting.
Average Price: $1,241,758 ↓ 6.1%
Total Sales: 1,061 ↓ 21.6%
Active Listings: 5,958 ↑ 40.1%
Days on Market: 28
Condo Average Price: $661,948 ↓ 6.3%
Condo Sales: 208 ↑ 7.8%
What this means: This is one of the softest markets in the GTA—buyers feel the leverage, but some are choosing the condo segment for affordability and flexibility.
Durham Region: Still the Fastest-Moving Market
Durham continues to punch above its weight. It has the lowest months of inventory and the fastest turnaround time for sales, even as prices decline. If you’re looking for affordability without sacrificing pace, this market is still the sweet spot.
Average Price: $891,662 ↓ 6.8%
Total Sales: 817 ↓ 6.8%
Active Listings: 2,925
Days on Market: 21
Condo Average Price: $536,267 ↓ 7.3%
Condo Sales: 51 ↑ 6.3%
What this means: Durham remains tight despite price pullbacks. It’s the go-to for buyers looking for value and speed — but that also means less negotiating wiggle room.
Brampton: High Supply, Slipping Prices
Brampton saw the sharpest increase in listings and one of the steepest drops in condo values. Homes are sitting longer, and buyers are negotiating hard. If you're a seller in this market, prep and pricing matter more than ever.
Average Price: $954,523 ↓ 5.5%
Total Sales: 476 ↓ 2.7%
Active Listings: 2,650 ↑ 53.6%
Days on Market: 27
Condo Average Price: $459,414 ↓ 14.6%
Condo Sales: 25
What this means: With the steepest jump in inventory across the GTA, Brampton is a power market for buyers—especially in condos, where softness is palpable.
What This Means for Buyers and Sellers?
The market may be moving at a slower pace, but don’t let that fool you — the smart ones are already making moves. This isn’t a chaotic market, it’s a strategic one. With inventory high and price growth cooling, July is shaping up to be less of a bidding war bonanza and more of a chess match. And that’s where a solid plan pays off.
📉 For buyers: You’ve got leverage — use it. Inventory has climbed across nearly every GTA region, and prices are flat or falling. That means you have room to negotiate, breathe, and find a home that actually checks your boxes. Condos, in particular, are offering rare value right now, especially in Mississauga, York Region, and Brampton where prices have dropped significantly. And while interest rates haven’t tumbled yet, they’re trending in the right direction. If you’re pre-approved, this is your moment to shop smarter — not faster.
📈 For sellers: The heat is on, but not in the way you want. More listings means more competition. Buyers have options, and they’re taking their time — which means you can’t afford to miss the mark. Homes that are properly priced, beautifully presented, and aggressively marketed are still selling — but gone are the days of lazy listings. If your place has been sitting for weeks without action, it might be time to revisit your strategy. Want to avoid becoming someone else’s price comp? Let’s talk about standing out in this market.
📲 Ready to make a move — or just want a plan in your back pocket?
Whether you're buying your first home, upsizing, downsizing, or selling something that just isn’t working for your life anymore, I’ll help you do it with clarity and confidence. The market might be hazy, but your next steps don’t have to be.
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