REAL January Market Review
ESTATE
January 2022
Source: Toronto Regional Real Estate Board, Market Watch, January 2022
GTA AREA
Detached
Semi-Detached
Townhouse
Condo Apt
Year-Over-Year Percent Change
Sales
Average Price
416
905
416
905
576
1,763
1,886,413
1,702,143
-7.6%
-20.8%
19.2%
144
301
1,471,535
-11.1%
-11.7%
22.1%
203
6884
1,080,284
-21.6%
-20.0%
32.6%
35.5%
760,643
720,532
21.7%
31.6%
1,447 -17.0%
607 -20.9%
30.4%
1,236,081 37.3%
1,083,801
THE CONTINUATION OF TIGHT MARKET CONDITIONS RESULTED IN A 33.3 PERCENT ANNUAL INCREASE IN THE MLS® HOME PRICE INDEX COMPOSITE BENCHMARK. SIMILARLY, THE AVERAGE SELLING PRICE WAS UP BY 28.6 PER CENT YEAR-OVER-YEAR TO $1,242,793. LOOKING FORWARD, TRREB'S OUTLOOK FOR 2022 IS AS FOLLOWS: TOTAL HOME SALES REPORTED THROUGH TRREB’S MLS® SYSTEM IN THE GTA WILL REACH 110,000, REPRESENTING A DIP FROM 2021, BUT STILL A STRONG RESULT IN COMPARISON TO PREVIOUS YEARS; AND THE AVERAGE SELLING PRICE FOR ALL HOME TYPES COMBINED IS SET TO CLIMB TO $1,225,000, AN APPROXIMATE INCREASE OF 12 PER CENT WHEN COMPARED TO LAST YEAR.
January 2022
Source: Toronto Regional Real Estate Board, Market Watch, January, 2022
Detached
Semi-Detached
Townhouse
Condo Apt
Year-Over-Year Percent Change
DURHAM REGION Sales
Listings
Average Price
Days on Market
393
583
$1,325,708
9
-5%
34.1%
-7%
32
34
$999,122
-24%
-42%
94
124
$1,037,536
12%
-10%
37%
46
69
$604,964
7%
44%
32%
34%
-36%
6 0.0%
8 14%
7 -67%
January 2022
Source: Toronto Regional Real Estate Board, Market Watch, January 2022
Detached
Semi-Detached
Townhouse
Condo Apt
Year-Over-Year Percent Change
TORONTO Sales
Listings
Average Price
Days on Market
476
795
$1,886,413
15
-3%
19%
144
200
$1,471,535
-11%
-10%
22%
-9%
52
76
$1,450,940
-20%
-18%
32%
1,409
1,770
$760,643
-18%
22%
-17%
-38%
9 -50%
20 0.0%
20 -43%
January 2022
Source: Toronto Regional Real Estate Board, Market Watch, January 2022
Detached
Semi-Detached
Townhouse
Condo Apt
Year-Over-Year Percent Change
MISSISSAUGA Average Price
Sales
Listings
146
203
-18%
-29%
45
66
-32%
-32%
12
17
-40%
-43%
27%
228
281
$696,704
-4%
32%
-11%
$1,964,077 32%
$1,254,006 33%
$1,212,399
Days on Market 14 -30%
4 -60%
4 -64%
12 -66%
January 2022
Source: Toronto Regional Real Estate Board, Market Watch, January 2022
Detached
Semi-Detached
Townhouse
Condo Apt
Year-Over-Year Percent Change
OAKVILLE Sales
Listings
79
122
-44%
7 75%
30
-38%
11 38%
40
-38%
-44%
29
40
-28%
-13%
Average Price $2,498,268 32%
$1,433,857 21%
$1,443,170 43%
$839,321 41%
Days on Market 13 -38%
5 67%
7 -58%
17 -50%
January 2022
Source: Toronto Regional Real Estate Board, Market Watch, January 2022
Detached
Semi-Detached
Townhouse
Condo Apt
Year-Over-Year Percent Change
BURLINGTON Sales
Listings
74
101
Average Price $1,827,440
-9%
-9%
7
9
-13%
-10%
6
8
0.0%
-43%
38%
42
41
$796,661
-31%
52%
-9%
32%
$1,266,000 47%
$1,233,167
Days on Market 12 -29%
5 0.0%
4 -33%
15 -50%
January 2022
Source: Toronto Regional Real Estate Board, Market Watch, January 2022
Detached
Semi-Detached
Townhouse
Condo Apt
Year-Over-Year Percent Change
MILTON Average Price
Sales
Listings
51
76
-28%
-16%
13
17
0.0%
-6%
42
64
45%
8%
36%
15
17
$709,333
-21%
-19%
29%
$1,563,365 27%
$1,298,312 37%
$1,155,505
Days on Market 7 -53%
5 -55%
5 67%
13 -38%
January 2022
Source: Toronto Regional Real Estate Board, Market Watch, January 2022
Detached
Semi-Detached
Townhouse
Condo Apt
Year-Over-Year Percent Change
VAUGHAN Sales
Listings
107
170
-28%
-21%
Average Price $2,131,873 27%
8
13
-65%
-68%
33
50
-34%
-33%
34%
77
122
$763,843
-10%
24%
-17%
$1,403,125 31%
$1,373,366
Days on Market 17 -32%
12 33%
11 -15%
17 -23%