Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
Toronto Sold Land Prices — March 2025
1 land parcels sold in Toronto in March 2025. Average sold price $565,000. Balanced conditions with 109 average days on market.
| City | Avg Sold | Median | Sale / List | DOM | Market |
|---|---|---|---|---|---|
| Markham | $1,350,000 | $1,350,000 | 79.4% | 145d | 🧊 Buyers |
| Richmond Hill | $1,452,500 | $1,452,500 | 90.2% | 102d | 🧊 Buyers |
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1 land parcels sold in Toronto in March 2025. The average sold price was $565,000 and the median was $565,000. The average and median are within 0% of each other.
In March 2025, the average sale-to-list ratio was 100.0%. 0% of parcels sold above asking and 0% sold below asking.
Land in Toronto took an average of 109 days to sell in March 2025, which is typical for land — land takes longer than homes. Land transactions typically involve zoning checks, environmental assessments, surveys, and financing — which extend the timeline compared to home sales.
In March 2025, land in Toronto sold between $565,000 and $565,000. This includes lots, acreage, and agricultural parcels. The average sold price was $565,000 and the median was $565,000.
The average land sale price in Toronto in March 2025 was $565,000, which is $101,485 below the Ontario average of $666,485. The Ontario average for the same period was $666,485.
Data note: Based on MLS® land sale transaction data for Toronto, Ontario. Not official TRREB or CREA data. For general research only.
