GTA Real Estate Market April 2021 TRREB Report

GTA Real Estate TRREB Market Report April 2021 Highlights

  • There were 13,663 sales reported through the MLS® System in April 2021
  • Home sales set a new record with more than quadruple sales compared to April 2020 (though 13% lower than March 2020)
  • However, going by seasonal trend, April 2021 sales & number of new listings actually declined month-over-month
  • Having said that, when compared to the 10-year sales average, April 2021 sales is up by 36.6%
  • Due to the pandemic we are seeing little population growth, which is starting to exhaust the pool of potential buyers
  • The average selling price of $1,090,992 is 33% up compared to April 2020, but flat relative to March 2021

“Despite a modest slowing in market activity in April compared to March, selling prices for all major home types remained very high. Low borrowing costs during COVID-19 clearly had an impact on the demand for and price of ownership housing. While the pace of price growth could moderate in the coming months, home prices will likely continue on the upward trend. Renewed population growth over the next year coupled with a persistent lack of new inventory will underpin home price appreciation,” – TRREB Chief Market Analyst.

Read Full TRREB Market Watch April 2021 Market Watch Report

GTA Real Estate Market April 2021 – Sales & Average Home Prices  

416 vs. 905 Areas of the GTA

GTA Area Map

SALES & AVERAGE PRICE BY MAJOR HOME TYPE
April 2021
Sales Average Price $
416 905 Total 416 905 Total
Detached 1,322 5,194 6,516 1,699,756 1,308,185 1,387,629
Semi-detached 487 817 1,304 1,308,799 925,938 1,068,923
Townhouse 578 1,855 2,433 942,371 831,152 857,574
Condo Apt 2,277 1,013 3,290 727,137 612,341 691,791

View TRREB April 2021 Market Stats as Charts

Average Prices by Home Type – April 2021

Average Price by Home Type & City –  April 2021
Detached  Semi-Detached Condo Towns Condo Apartment
Burlington $1,391,009 $925,562 $739,080 $583,356
Milton $1,345,451 $957,579 $684,190 $598,253
Oakville $1,897,844 $1,155,804 $742,713 $823,572
Brampton $1,173,767 $890,120 $668,723 $505,023
Mississauga $1,518,393 $974,375 $749,952 $575,832
Toronto $1,699,756 $1,308,799 $824,237 $727,137

View TRREB April 2021 Market Watch for Prices for other Cities.

Search For Sales Listings in Mississauga & Other Parts of the GTA.

Source: TRREB April 2021 Market Watch


Contact Team Kalia to Buy or Sell Your Home or Condo

    Your Name (required)

    Your Email (required)

    Phone (required)

    Are you in the market to? (required)

    BuySellInvestEvaluate PropertyOther

    Additional comments and information

    captcha