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  1. Apr 23, 2024 · Urbanation found that those elevated inventory levels were weighing on prices. The average opening price for a new condo fell to $1,168 per square foot (psf) in the first quarter of 2024, down 12 per cent from the fourth quarter of 2023 and 17 per cent from the first quarter of last year.

  2. Average Condo Price. $740,814 ... Toronto Prices by Community (148) ... Avg List Price: Avg Sold Price: Above/Below Asking: Monthly Change ($)

  3. Apr 30, 2024 · The average condominium apartment selling price in the GTA was $693,754 in Q1 2024 – down by one per cent compared to $700,704 in Q1 2023. In the City of Toronto, which accounted for almost two-thirds of total condo sales, the average selling price was $723,186 – down by 0.5 per cent compared to Q1 2023.

  4. Condo prices are up in Toronto, and that means the average price per square foot has gone up as well. A new report from Urbanation dug into the GTA condo market at the end of 2021, revealing that the average price per square foot of a new condo in Toronto rose a staggering 17% year-over-year to $1,429. As high as this jump was, an even bigger ...

    • Laura Hanrahan
  5. Feb 1, 2022 · A total of 5,336 condo units were sold in the City of Toronto proper between Oct. 1 and Dec. 31 of 2021 for an average price of $739,683, according to TRREB. The average price during this same...

    • Lauren O'neil
  6. Dec 22, 2023 · According to the Toronto Regional Real Estate Board (TRREB), condo sales in the 416 area rose 0.2 per cent in October, totalling 883 units. But the average price for a Toronto condo located in the 416 tumbled nearly two per cent to $729,160.

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  8. May 2, 2023 · On average, Toronto condos/apartments were getting upwards of $3.72 per sq ft / m prior to the pandemic. Now we’re averaging around $3.30 per ft. You can see we’re starting to recover in the rental market, and inventory is back to historical norms (for the most part) see below.