Over the past 12 months, the average property price in Toronto Beaches has seen a dynamic yet ultimately upward trend. While month-to-month fluctuations have occurred – evidenced by a slight drop of 2% in the most recent month – the year-over-year comparison is encouraging: the average price increased from approximately $1,116,965 a year ago to about $1,209,142, reflecting an upward shift of nearly 8-9%. The long-term indicators, including a 4% increase over one year and substantial rises over three, five, and ten years (with HPI and benchmark price values supporting this growth), provide a reassuring backdrop for sellers and investors, despite short-term variability driven by local market sentiments and macroeconomic influences.

The supply and demand dynamics reveal a nuanced market balance. While earlier months of 2024 showed a fiercely competitive market with lower months of inventory and shorter days on market (as low as 12 days), recent figures for January 2025 indicate a slight cooling – with inventory levels rising to roughly 2.56 months and an average DOM of 25 days, alongside a sales-to-new-listings ratio that suggests moderated buyer urgency. For real estate agents, these insights imply that while the broader price trends remain positive, strategic pricing and vigilant market positioning are essential. Advising clients to adopt competitive pricing strategies and close attention to monthly shifts in new and active listings will be key in navigating the evolving market conditions.

Read the full article on: Toronto Regional Real Estate Board