The January 2025 real estate stats are in, and the data is painting a clear picture: sales are down, inventory is up, and the market is shifting.
So what does that mean if you’re buying or selling in Toronto’s real estate market right now?
In this Under the Radar Real Estate Podcast episode, we break down the latest trends, highlight the best under-the-radar neighborhoods, and analyze what’s ahead for 2025.
🏡 Key Takeaways from the January 2025 Market Update
Here’s a quick summary of the biggest takeaways from this month’s data:
✅ Sales dropped 8% year-over-year compared to January 2024.
✅ New listings surged nearly 50%, meaning buyers now have more choices.
✅ Active inventory is up 70%, signaling a potential buyer’s market.
✅ Detached home prices dipped slightly (-3.7%), while townhouse prices increased (+5%).
✅ Condos continue to struggle, with prices declining by -2.4% year-over-year.
📊 Bottom Line: Buyers have more power in today’s market, but sellers who market their properties effectively can still win.
📊 Toronto Real Estate Market Breakdown – January 2025
🏠 Sales & Inventory: Buyer’s Market Confirmed?
Toronto real estate sales were down 8% in January 2025 compared to last year, with just 3,800 transactions, versus 4,200 in January 2024.
Meanwhile, new listings skyrocketed by nearly 50%, contributing to an inventory increase of 70% year-over-year.
This means:
✔ More homes on the market
✔ Less competition for buyers
✔ Longer selling times for sellers
Buyers now have more negotiating power than they did last year, but high interest rates and economic uncertainty are keeping some hesitant.
🏙️ Toronto Home Prices – What’s Rising & What’s Falling?
Here’s how home prices shifted in January:
- Detached homes: $1.579M (-3.7% YoY)
- Semi-detached homes: $1.15M (+1.5% YoY)
- Townhouses: $941K (+5% YoY)
- Condos: $691K (-2.4% YoY)
The biggest surprise? Townhouses saw a 5% increase in price, while condos continued their downward trend.
🔎 Under-the-Radar Toronto Neighborhoods to Watch in 2025
If you’re looking for affordable homes in Toronto, these hidden-gem neighborhoods should be on your radar:
1️⃣ Caledonia-Fairbank – The Underrated Hotspot
📍 Average Price: $1.057M
⏳ Median Days on Market: 10 (vs. city average of 17)
🚆 Transit: Near Eglinton Crosstown LRT
With homes priced well below Toronto’s detached home average, this area is gaining attention.
2️⃣ Keelesdale – Best-Kept Secret for Affordable Homes
📍 Average Price: $893K
🚇 Upcoming Transit: 2 LRT stations (Keelesdale & Caledonia)
Keelesdale offers detached homes under $1M, something almost unheard of in Toronto today.
3️⃣ Briar Hill – Best Value Near the Subway
📍 Average Price: $907K
🚆 Transit: 7-minute walk to Eglinton West Station
Nestled near Forest Hill, this area offers bungalows and townhomes at an incredible value.
4️⃣ Oakwood Village – The Next “Ossington”
📍 Average Price: $1.2M
🍽️ New Hot Spots: Primrose Bagel, Oakwood Espresso, Porsche’s Lasagna
If you love Dundas West, Ossington, or Queen Street, this is Toronto’s next trendy neighborhood.
📌 Related: The Best Under-the-Radar Neighborhoods for Affordable Homes in Toronto
📈 2025 Market Predictions – What’s Next for Toronto Real Estate?
The Toronto Regional Real Estate Board (TRREB) released its 2025 market outlook, forecasting:
✅ 76,000 sales in 2025 (up from 67,000 in 2024)
✅ A slight price increase (~2.6%) across the GTA
✅ More interest rate cuts expected in late 2025
However, market volatility due to elections, global tariffs, and economic uncertainty means anything could happen.
🎯 Key Advice for Buyers & Sellers in 2025
🤝 Buyers: Take advantage of this balanced market
✔ More inventory = better deals
✔ Negotiate aggressively on price & closing terms
✔ Consider duplexes & triplexes for rental income
🏡 Sellers: Stand out with great marketing
✔ Professional photos & video tours are a must
✔ Stage & declutter before listing
✔ Choose an agent with strong digital marketing skills
🎧 Listen to the Full Podcast
📢 Watch the full breakdown on YouTube
🔗 Related Articles
📍 Best Toronto Neighborhoods for First-Time Buyers
📍 Why 6,000+ Toronto Condos Are Sitting Unsold
📍 How to Buy a House in Toronto’s Tough Market
