How Long Does It Take to Sell a Home in Toronto on Average?
If you’re planning to sell a home in Toronto, one of the first questions you’ll ask is: How long will it take? The answer depends on many factors, property type, neighborhood, listing price, and how well the home shows in the market. Here’s a breakdown of what recent data tells us about the Toronto real estate market and what you can do to shorten your time on market.
Recent Market Averages
In the City of Toronto, the “average listing days on market” (LDOM) is roughly 30 days, and the “total average days on market” (which counts relistings and longer listings) is about 45 days.
For condos, the total average days on market can be about 55 days.
In some segments, especially well-priced detached homes in high-demand areas, the time on market can be much lower—some reports show as few as 20-25 days.
Why Some Homes Sell Faster Than Others
Property type matters: Freehold homes (detached, semi-detached, townhouses) often sell faster than condos.
Price point and neighbourhood: Homes priced well and in desirable neighbourhoods move quicker. Higher-priced homes or homes in less in-demand areas take longer.
Condition and presentation: Homes that are well-prepared, cleaned, decluttered, and accurately priced tend to attract faster offers.
Market conditions: When buyer demand is high and inventory is low, homes sell faster. When there’s more supply or higher interest rates, time on market increases.
Listing strategy and price: If a listing is overpriced or poorly marketed, it may sit on the market, increasing time to sell significantly.
What This Means for You
If you’re selling in Toronto right now, you should plan for a time on market of around 4-6 weeks for a well-priced property in a good location. For condos or unique properties, it could be 6-8 weeks or more.
If you need to sell faster (for example because you’re buying your next home), focus on pricing competitively, staging the home well, and choosing an agent with strong marketing.
How to Speed Up Your Sale
Price realistically based on recent comparable sales in your neighbourhood.
Ensure your home is clean, in good repair, and staged if needed.
Use professional photography and strong marketing to reach more buyers.
Be flexible with showings and consider timing your listing when buyer activity is higher.
Work with a real estate professional who knows your area and current market dynamics.
Ready to sell your home in Toronto? Let’s talk about how long it might take in your specific neighborhood and what you can do to maximise your result..
