REAL November Market Review
ESTATE
November 2021
Source: Toronto Regional Real Estate Board, Market Watch, November 2021
GTA AREA Sales
Semi-Detached
Townhouse
Condo Apt
416
905
416
905
918
2,939
1,807,983
1,492,821
-1.2%
Year-Over-Year Percent Change
Detached
Average Price
-10.2%
22.3%
32.7%
283
472
1,431,988
1,070,530
-15.8%
-14.0%
23.4%
31.1%
381
1,068
981,759
5.5%
-7.9%
19.7%
1,981 44.3%
887 36.0%
955,010 31.0%
745,951
646,211
16.5%
21.1%
“A KEY DIFFERENCE THIS YEAR COMPARED TO LAST IS HOW THE CONDO SEGMENT CONTINUES TO TIGHTEN AND EXPERIENCE AN ACCELERATION IN PRICE GROWTH, PARTICULARLY IN SUBURBAN AREAS. THIS SPEAKS TO THE BROADENING OF ECONOMIC RECOVERY, WITH FIRST-TIME BUYERS MOVING BACK INTO THE MARKET IN A BIG WAY THIS YEAR. THE CONDO AND TOWNHOUSE SEGMENTS, WITH LOWER PRICE POINTS ON AVERAGE, WILL REMAIN POPULAR AS POPULATION GROWTH PICKS UP OVER THE NEXT TWO YEARS,”
SAID TRREB CHIEF MARKET ANALYST JASON MERCER.
November 2021
Source: Toronto Regional Real Estate Board, Market Watch, November 2021
Detached
Semi-Detached
Townhouse
Condo Apt
Year-Over-Year Percent Change
DURHAM REGION Sales
Listings
Average Price
Days on Market
677
701
$1,108,498
8
-6%
33%
-13%
67 6%
75 39%
$844,868 34%
111
113
$892,404
5%
13%
34%
65
69
$549,538
30%
17%
29%
-42%
7 -36%
6 -45%
17 -26%
November 2021
Source: Toronto Regional Real Estate Board, Market Watch, November 2021
Detached
Semi-Detached
Townhouse
Condo Apt
Year-Over-Year Percent Change
TORONTO Sales
Listings
Average Price
Days on Market
918
1,136
$1,807,983
13
-7%
23%
283
307
$1,431,988
-16%
-22%
23%
-2%
116
131
$1,279,504
2%
-17%
21%
1,981
2,356
$745,951
-20%
16%
34%
-31%
11 -27%
13 -20%
20 -15%
November 2021
Source: Toronto Regional Real Estate Board, Market Watch, November 2021
Detached
Semi-Detached
Townhouse
Condo Apt
Year-Over-Year Percent Change
MISSISSAUGA Sales
Listings
254
302
-13%
4%
Average Price $1,612,449 22%
95
92
$1,111,177
-26%
-22%
23
21
-26%
-38%
21%
298
298
$617,775
43%
-26%
22%
26%
$1,060,417
Days on Market 10 -47%
7 -42%
8 -47%
15 -38%
November 2021
Source: Toronto Regional Real Estate Board, Market Watch, November 2021
Detached
Semi-Detached
Townhouse
Condo Apt
Year-Over-Year Percent Change
OAKVILLE Sales
Listings
160
165
-7%
-9%
10
8
-29%
56 7%
57 83%
14%
51 2%
54 -10%
Average Price $2,179,538 32%
$1,278,000 32%
$1,060,417 20%
$715,563 8%
Days on Market 11 -58%
4 -83%
9 -47%
17 -23%
November 2021
Source: Toronto Regional Real Estate Board, Market Watch, November 2021
Detached
Semi-Detached
Townhouse
Condo Apt
Year-Over-Year Percent Change
BURLINGTON Average Price
Sales
Listings
113
121
5%
11%
7
6
-57%
-67%
18
14
-22%
-12%
41%
44
60
$671,139
-13%
21%
-8%
$1,481,257 14%
$1,022,321 27%
$1,076,013
Days on Market 10 -50%
6 0.0%
5 -55%
14 -48%
November 2021
Source: Toronto Regional Real Estate Board, Market Watch, November 2021
Detached
Semi-Detached
Townhouse
Condo Apt
Year-Over-Year Percent Change
MILTON Sales
Listings
83
74
Average Price $1,566,234
-7%
-20%
18
19
-42%
-34%
54
69
-11%
23%
34%
26
20
$662,688
-31%
25%
85%
36%
$1,147,107 33%
$1,026,360
Days on Market 10 -29%
4 -43%
4 -50%
15 -48%
November 2021
Source: Toronto Regional Real Estate Board, Market Watch, November 2021
Detached
Semi-Detached
Townhouse
Condo Apt
Year-Over-Year Percent Change
VAUGHAN Sales
Listings
171
204
-11%
-21%
Average Price $1,962,037 36%
35
40
$1,277,547
25%
25%
42
58
-41%
-35%
31%
107
126
$696,428
57%
-25%
8%
36%
$1,211,067
Days on Market 17 -19%
5 -75%
7 -61%
17 -45%