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August 2025 · Toronto
Toronto Sold Home Prices for August 2025
2,548 residential properties closed in Toronto in August 2025. Average sold price of $1,119,388. 72.1% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $1,119,388
Median Price $900,000
Sale / List 98.9%
Over Asking 24.5%
Avg DOM 82 days
Total Sold
2,548
all residential
Avg Sold Price
$1,119,388
all types
Median Price
$900,000
mid-point
Sale / List
98.9%
avg ratio
Over Asking
24.5%
of all sales
Avg DOM
82
days on market
Prices by Property Type
Toronto · August 2025
💰 Price Summary
Average Sold $1,119,388
Median Sold $900,000
Avg List Price $1,132,306
Lowest Sale $170,000
Highest Sale $11,900,000
Sale / List Ratio 98.9%
Luxury Sold
20
Avg Luxury
$6,058,550
Luxury Share
0.8%
📊 Competition
Sold over asking 24.5%
Sold at asking 3.5%
Sold under asking 72.1%
Avg Days on Market 82 days
Fast · 050Slow · 100+
🧊 Buyers market — 72.1% sold below asking. Avg 82 days on market.
💰 Price Summary
Average Sold $716,617
Median Sold $620,000
Avg List Price $735,489
Lowest Sale $170,000
Highest Sale $8,000,000
Sale / List Ratio 97.4%
Luxury Sold
6
Avg Luxury
$5,575,000
Luxury Share
0.5%
📊 Competition
Sold over asking 16.2%
Sold at asking 3.2%
Sold under asking 80.6%
Avg Days on Market 80 days
Fast · 050Slow · 100+
🧊 Buyers market — 80.6% sold below asking. Avg 80 days on market.
💰 Price Summary
Average Sold $1,583,227
Median Sold $1,295,438
Avg List Price $1,590,661
Lowest Sale $535,000
Highest Sale $11,900,000
Sale / List Ratio 99.5%
Luxury Sold
13
Avg Luxury
$6,424,692
Luxury Share
1.2%
📊 Competition
Sold over asking 33.4%
Sold at asking 3.7%
Sold under asking 62.9%
Avg Days on Market 83 days
Fast · 050Slow · 100+
🧊 Buyers market — 62.9% sold below asking. Avg 83 days on market.
💰 Price Summary
Average Sold $983,429
Median Sold $840,000
Avg List Price $983,771
Lowest Sale $345,000
Highest Sale $4,200,000
Sale / List Ratio 100.0%
Luxury Sold
1
Avg Luxury
$4,200,000
Luxury Share
0.4%
📊 Competition
Sold over asking 28.8%
Sold at asking 3.0%
Sold under asking 68.3%
Avg Days on Market 79 days
Fast · 050Slow · 100+
🧊 Buyers market — 68.3% sold below asking. Avg 79 days on market.
💰 Price Summary
Average Sold $1,544,730
Median Sold $1,384,500
Avg List Price $1,593,480
Lowest Sale $950,000
Highest Sale $2,475,000
Sale / List Ratio 96.9%
📊 Competition
Sold over asking 25.0%
Sold at asking 6.3%
Sold under asking 68.8%
Avg Days on Market 112 days
Fast · 050Slow · 100+
🧊 Buyers market — 68.8% sold below asking. Avg 112 days on market.
Nearby Cities · August 2025
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| Mississauga | $1,010,406 | $940,044 | 97.4% | 80d | 🧊 Buyers |
| Markham | $1,266,133 | $1,250,444 | 99.4% | 83d | 🧊 Buyers |
| Vaughan | $1,285,170 | $1,212,500 | 97.7% | 85d | 🧊 Buyers |
| Brampton | $932,204 | $875,000 | 98.1% | 83d | 🧊 Buyers |
| Richmond Hill | $1,369,308 | $1,258,000 | 98.0% | 83d | 🧊 Buyers |
| Pickering | $1,047,534 | $925,250 | 98.9% | 76d | 🧊 Buyers |
| Ajax | $910,643 | $865,000 | 99.3% | 82d | 🧊 Buyers |
| Oakville | $1,480,001 | $1,325,000 | 96.9% | 87d | 🧊 Buyers |
Frequently Asked Questions
Toronto · August 2025
The average sold price across all residential types in Toronto was $1,119,388 in August 2025,
based on 2,548 closed transactions. The median was
$900,000.
Condos averaged $716,617, freehold averaged $1,583,227, and townhouses averaged $983,429.
The average Toronto home took 82 days to sell in August 2025.
Freehold properties averaged 83 days while condos averaged 80 days.
In August 2025, condos averaged $716,617 while freehold homes averaged $1,583,227 —
a gap of $866,610.
Toronto averaged $1,119,388 in August 2025. Markham averaged $1,266,133. Pickering averaged $1,047,534. See the full August 2025 Ontario summary →
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Data note: Based on MLS® resale transaction data held in our system for Toronto, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making decisions.
