West Toronto Freehold Market Report – November 2024

December 10, 2024 | Market Reports

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Overall, the freehold market in West Toronto is looking stable and relatively healthy. Sales volume is way up – 50.30% YOY. Keep in mind, that 2023 had the lowest sales volume of any November over the past 10 years. New listings were flat YOY – 365 this year versus 363 last year. Active listings was up 22% this year, but with the increase in sales volume more inventory was absorbed. The sales-to-new listing ratio was 50.10% – the highest it’s been since Q1 2024. The average sale price was up 15% – but this is derived from a small dataset. More importantly (and more accurately) the average sale price is up 2.8% year to date compared to the same period in 2023

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