REAL September Market Review
ESTATE
September 2021
Source: Toronto Regional Real Estate Board, Market Watch, September 2021
GTA AREA Sales
Semi-Detached
Townhouse
Condo Apt
416
905
416
905
895
3,013
1,778,928
1,451,471
-31.1%
19.5%
-22.6%
egnahC tnecreP raeY-revO-raeY
Detached
Average Price
31.4%
325
499
1,304,504
991,073
-22.8%
-30.2%
13.9%
25.2%
365
1,193
930,056
902,853
1,792
872
744,730
634,111
16.0%
7.3%
8.5%
18.0%
-8.8%
-20.0%
7.2%
26.0%
“PRICE GROWTH IN SEPTEMBER CONTINUED TO BE DRIVEN BY THE LOW-RISE MARKET SEGMENTS, INCLUDING DETACHED AND SEMIDETACHED HOUSES AND TOWNHOUSES. HOWEVER, COMPETITION BETWEEN BUYERS FOR CONDO APARTMENTS HAS PICKED UP MARKEDLY OVER THE PAST YEAR, WHICH HAS LED TO AN ACCELERATION IN PRICE GROWTH OVER THE PAST FEW MONTHS AS FIRST-TIME BUYERS REENTERED THE OWNERSHIP MARKET. LOOK FOR THIS TREND TO CONTINUE,”
SAID JASON MERCER, TRREB CHIEF MARKET ANALYST.
September 2021
Source: Toronto Regional Real Estate Board, Market Watch, September 2021
DURHAM REGION
Semi-Detached
Townhouse
Condo Apt
egnahC tnecreP raeY-revO-raeY
Detached
Sales
Listings
Average Price
Days on Market
666
895
$1,086,681
9
-34%
-28%
34%
63
74
-39%
-45%
27%
130
142
$833,759
-24%
-39%
29%
58
88
$544,709
-16%
-17%
28%
-31%
$779,048
7 0%
7 -36%
12 -33%
September 2021
Source: Toronto Regional Real Estate Board, Market Watch, September 2021
TORONTO
Semi-Detached
Townhouse
Condo Apt
egnahC tnecreP raeY-revO-raeY
Detached
Sales
Listings
Average Price
Days on Market
895
1,531
$1,778,928
14
-23%
-34%
20%
325
515
$1,304,504
-23%
22%
14%
109
186
-22%
-31%
2%
1,792
3,229
$744,730
-32%
9%
16%
$1,148,501
0%
10 0%
13 8%
19 0%
September 2021
Source: Toronto Regional Real Estate Board, Market Watch, September 2021
MISSISSAUGA
Semi-Detached
Townhouse
Condo Apt
egnahC tnecreP raeY-revO-raeY
Detached
Sales
Listings
Average Price
Days on Market
297
415
$1,594,863
11
-29%
-38%
99
122
-42%
-45%
30
32
-21%
-41%
22%
285
397
$589,780
11%
-34%
12%
26%
$1,032,111 18%
$1,032,179
-31%
8 -33%
8 -47%
20 -5%
September 2021
Source: Toronto Regional Real Estate Board, Market Watch, September 2021
OAKVILLE
Semi-Detached
Townhouse
Condo Apt
egnahC tnecreP raeY-revO-raeY
Detached
Sales
Listings
Average Price
Days on Market
155
218
$1,976,248
12
-39%
-45%
13
18
$1,173,048
44%
0%
35%
47
55
-28%
-48%
55
78
34%
-8%
13%
$1,195,313 25%
$771,.407 21%
-52%
5 -29%
12 -8%
17 -41%
September 2021
Source: Toronto Regional Real Estate Board, Market Watch, September 2021
BURLINGTON
Semi-Detached
Townhouse
Condo Apt
egnahC tnecreP raeY-revO-raeY
Detached
Sales
Listings
Average Price
Days on Market
129
161
$1,394,428
11
-29%
-42%
19%
13
12
$937,028
-43%
-50%
22%
20
27
$948,545
-20%
-25%
21%
72
72
$763,243
-15%
36%
20%
-35%
10 -23%
10 25%
14 -51%
September 2021
Source: Toronto Regional Real Estate Board, Market Watch, September 2021
MILTON
Semi-Detached
Townhouse
Condo Apt
egnahC tnecreP raeY-revO-raeY
Detached
Average Price
Sales
Listings
74
118
-48%
-25%
29%
24
27
$1,102,223
-37%
-34%
34%
53
65
$945,372
-26%
-28%
27%
17
22
$611,794
-19%
10%
15%
$1,419,260
Days on Market 11 -21%
7 -42%
7 -22%
15 0.0%
September 2021
Source: Toronto Regional Real Estate Board, Market Watch, September 2021
VAUGHAN
Semi-Detached
Townhouse
Condo Apt
egnahC tnecreP raeY-revO-raeY
Detached
Sales
Listings
Average Price
Days on Market
202
293
$1,798,888
15
-20%
-42%
31
31
-11%
-52%
65
88
-21%
-43%
24%
108
168
$677,613
11%
-28%
13%
28%
$1,169,111 25%
$1,149,168
-17%
8 -38%
12 -14%
22 -15%