GTA Real Estate Update: September 2025 – Bidding Wars Are (Kind of) Back… But Not Like You Remember
Spoiler alert: Buyers are sliding back in with their calculators, and sellers are polishing their listings. But is it really time to make your move? Let’s decode this market shift together.
📊 The Market's Not Boring—So Why Are Most Reports?
Here’s the thing: most real estate reports read like a bedtime story written by an accountant. But we’re not here to bore you into a nap—we’re here to empower your next move.
🏠 Home Sales: UP Based Off Of Record Low Months (Let's Be Real)
Sales in the GTA this September? 5,592. That’s an 8.5% jump compared to last year. Yup, homes are selling—and more people are jumping in to "just see what’s out there."
Detached sales: 2,661 homes sold
Condos: 1,437 units sold
Semis and Townhouses: Over 1,400 combined
💸 Average Prices: Down, But Not Out
The overall average price in September was $1,059,377 — down 4.7% from the year before.
Detached: $1.36M
Townhouses: $859K
Condos: $655K
🧐 Why Is This Happening? (No, It’s Not Mercury Retrograde)
Interest Rate Cuts. The Bank of Canada’s recent cut to its overnight rate (now 2.8%) made monthly mortgage payments a bit less cringe-worthy.
🔥 The Sales-to-New-Listings Ratio: 29%... A Buyer’s Market?
Only 29% of new listings sold in September. That’s a buyer’s market indicator.
🔻 Listings Are Up – But Are They Quality Listings?
New listings rose by 4%, up to 19,260. But that doesn’t mean they’re all winners. Presentation matters more than ever.
📉 Year-Over-Year Quick Hits
Metric
2025
2024
% Change
Sales
5,592
5,155
+8.5%
New Listings
19,260
18,529
+3.9%
Average Price
$1,059,377
$1,112,113
-4.7%
Active Listings
29,394
24,712
+18.9%
Avg Days on Market
33
27
+22.2%
Property Days on Market
51
42
+21.4%
😏 So, What Does This Mean for YOU?
If you’re a buyer: More inventory, more negotiation power, and easing rates. But don’t sleep on a good deal.
If you’re a seller: This is still your time—but only if you price and present properly. No shortcuts.
💬 Let’s Talk Strategy
Wondering what your home is worth or whether you should act now or wait? Let’s chat—no pressure.
