Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
Toronto Sold Land Prices — January 2025
2 land parcels sold in Toronto in January 2025. Average sold price $2,820,000. 100% sold below asking — buyers have negotiating room.
| City | Avg Sold | Median | Sale / List | DOM | Market |
|---|---|---|---|---|---|
| Richmond Hill | $1,277,500 | $1,277,500 | 100.7% | 29d | 🔥 Sellers |
| Pickering | $3,980,000 | $3,980,000 | 51.0% | 108d | 🧊 Buyers |
Looking to buy land in Toronto?
Browse available land listings or connect with an agent who knows the local market.
2 land parcels sold in Toronto in January 2025. The average sold price was $2,820,000 and the median was $2,820,000. The average and median are within 0% of each other.
100% of land sold below asking in Toronto in January 2025, with an average sale-to-list ratio of 90.3%. The average sale-to-list ratio was 90.3%.
Land in Toronto took an average of 182 days to sell in January 2025, which is slower-moving, giving buyers more time to negotiate. Land transactions typically involve zoning checks, environmental assessments, surveys, and financing — which extend the timeline compared to home sales.
In January 2025, land in Toronto sold between $900,000 and $4,740,000. This includes lots, acreage, and agricultural parcels. The average sold price was $2,820,000 and the median was $2,820,000.
The average land sale price in Toronto in January 2025 was $2,820,000, which is $2,211,087 above the Ontario average of $608,913. The Ontario average for the same period was $608,913.
Data note: Based on MLS® land sale transaction data for Toronto, Ontario. Not official TRREB or CREA data. For general research only.
