April brought a measured pace to the West Toronto freehold market, with 326 sales during the month, nearly identical to last year’s 328 and continuing the steady recovery from the slower years of 2024 and 2023.

What This Means for Buyers and Sellers

Inventory is climbing. With 889 active listings and 2.73 months of inventory, we’re seeing the highest supply levels in a decade in West Toronto for April. For context, a balanced market typically sits between 4-6 months, so while inventory has loosened considerably from the sub-1-month levels of 2020-2022, conditions still favour sellers.

Prices have softened. The average sale price of $1,513,250 is down nearly 7% from last April and marks the lowest April average since 2020. It represents a market finding its footing after the peaks of 2022. That said, homes are still selling at 103% of list price, indicating that motivated buyers are still competing for well-positioned properties.

Homes are taking slightly longer to sell. The average of 19 days on market is the highest April figure in the last decade, though still a relatively quick turnaround. Buyers have a bit more breathing room to make decisions, but move-in-ready homes in prime pockets are still moving fast. Sellers who invest in presentation and pricing are seeing strong outcomes.

The Bottom Line

The West Toronto freehold market is settling into a more measured rhythm. Buyers benefit from more choice and less frenzied competition, while sellers who price strategically are still achieving strong results. Whether you’re buying or selling, this is a market that rewards preparation and smart strategy.