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August 2025 · Toronto
Toronto Sold Home Prices for August 2025
1,787 residential properties closed in Toronto in August 2025. Average sold price of $1,016,394. 79.6% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $1,016,394
Median Price $810,000
Sale / List 97.1%
Over Asking 18.1%
Avg DOM 35 days
Previous Months
Total Sold
1,787
all residential
Avg Sold Price
$1,016,394
all types
Median Price
$810,000
mid-point
Sale / List
97.1%
avg ratio
Over Asking
18.1%
of all sales
Avg DOM
35
days on market
Prices by Property Type
Toronto · August 2025
💰 Price Summary
Average Sold $1,016,394
Median Sold $810,000
Avg List Price $1,047,258
Lowest Sale $235,000
Highest Sale $13,200,000
Sale / List Ratio 97.1%
Luxury Sold
14
Avg Luxury
$6,910,357
Luxury Share
0.8%
📊 Competition
Sold over asking 18.1%
Sold at asking 2.4%
Sold under asking 79.6%
Avg Days on Market 35 days
Fast · 050Slow · 100+
🧊 Buyers market — 79.6% sold below asking. Avg 35 days on market.
💰 Price Summary
Average Sold $690,661
Median Sold $600,000
Avg List Price $711,739
Lowest Sale $235,000
Highest Sale $7,500,000
Sale / List Ratio 97.0%
Luxury Sold
3
Avg Luxury
$6,233,333
Luxury Share
0.3%
📊 Competition
Sold over asking 14.8%
Sold at asking 2.6%
Sold under asking 82.7%
Avg Days on Market 38 days
Fast · 050Slow · 100+
🧊 Buyers market — 82.7% sold below asking. Avg 38 days on market.
💰 Price Summary
Average Sold $1,457,030
Median Sold $1,150,000
Avg List Price $1,498,906
Lowest Sale $520,000
Highest Sale $13,200,000
Sale / List Ratio 97.2%
Luxury Sold
8
Avg Luxury
$7,627,500
Luxury Share
1.2%
📊 Competition
Sold over asking 21.7%
Sold at asking 2.2%
Sold under asking 76.2%
Avg Days on Market 30 days
Fast · 050Slow · 100+
🧊 Buyers market — 76.2% sold below asking. Avg 30 days on market.
💰 Price Summary
Average Sold $930,841
Median Sold $840,785
Avg List Price $950,442
Lowest Sale $330,000
Highest Sale $6,250,000
Sale / List Ratio 97.9%
Luxury Sold
2
Avg Luxury
$5,212,500
Luxury Share
1%
📊 Competition
Sold over asking 26.4%
Sold at asking 2.5%
Sold under asking 71.1%
Avg Days on Market 33 days
Fast · 050Slow · 100+
🧊 Buyers market — 71.1% sold below asking. Avg 33 days on market.
💰 Price Summary
Average Sold $2,076,258
Median Sold $1,568,500
Avg List Price $2,286,476
Lowest Sale $1,050,000
Highest Sale $6,600,000
Sale / List Ratio 90.8%
Luxury Sold
1
Avg Luxury
$6,600,000
Luxury Share
7.1%
📊 Competition
Sold over asking 14.3%
Sold at asking 0.0%
Sold under asking 85.7%
Avg Days on Market 51 days
Fast · 050Slow · 100+
🧊 Buyers market — 85.7% sold below asking. Avg 51 days on market.
Nearby Cities · August 2025
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| Mississauga | $989,235 | $915,000 | 96.9% | 34d | 🧊 Buyers |
| Markham | $1,127,488 | $1,065,000 | 98.2% | 34d | 🧊 Buyers |
| Vaughan | $1,179,459 | $1,160,000 | 97.1% | 34d | 🧊 Buyers |
| Brampton | $917,692 | $860,000 | 97.3% | 31d | 🧊 Buyers |
| Richmond Hill | $1,244,090 | $1,165,000 | 98.1% | 36d | 🧊 Buyers |
| Pickering | $931,188 | $850,500 | 96.7% | 29d | 🧊 Buyers |
| Ajax | $899,514 | $841,500 | 98.4% | 27d | 🧊 Buyers |
| Oakville | $1,461,233 | $1,200,500 | 96.1% | 38d | 🧊 Buyers |
Frequently Asked Questions
Toronto · August 2025
The average sold price across all residential types in Toronto was $1,016,394 in August 2025,
based on 1,787 closed transactions. The median was
$810,000.
Condos averaged $690,661, freehold averaged $1,457,030, and townhouses averaged $930,841.
The average Toronto home took 35 days to sell in August 2025.
Freehold properties averaged 30 days while condos averaged 38 days.
In August 2025, condos averaged $690,661 while freehold homes averaged $1,457,030 —
a gap of $766,369.
Toronto averaged $1,016,394 in August 2025. Markham averaged $1,127,488. Mississauga averaged $989,235. 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.
