Over the past 12 months, the Toronto-West market has shown steady price growth with the average sold price increasing from roughly $1,015,000 in January 2024 to about $1,060,000 in January 2025. Short-term indicators, such as a 4% month-over-month increase and a 5% increase over one year, support a positive price trend, even as intermediate periods reveal some fluctuations. The long-term data—with a five-year gain of 26% and a notable 10-year increase of 95%—demonstrate robust performance, despite a modest decline over three years (-6%). This suggests that while the market offers periods of volatility, the overall trajectory remains upward, providing confidence to clients about sustainable property appreciation in the region.

Recent supply and demand data further clarify market conditions. January 2025 saw 128 properties sold from 364 new listings and 523 active listings, yielding a months of inventory of approximately 4.09 and an average of 34 days on market. This balance—evident in the moderate sales-to-new-listings ratios—indicates a competitive yet not overheated market, where an influx of new listings helps stabilize conditions. For real estate agents, this signals that pricing strategies should be carefully calibrated to reflect a market that remains attractive for buyers while maintaining healthy appreciation trends for sellers. By closely monitoring these supply metrics and inventory levels, agents can confidently advise clients on both immediate opportunities and long-term market stability.

Read the full article on: Toronto Regional Real Estate Board