At a glance: 5,039 homes sold across the GTA in March 2026, up 1.7% from a year ago and the first increase of the year. The average price was $1,017,796, down 6.7%, and Toronto homes sold for 99% of asking in about 31 days. Buyers still had room to negotiate, but the best homes moved quickly.
The snow melted and buyers started coming back. March brought the first increase in home sales compared to last year, and that's worth talking about.
Sales are up. 5,039 homes sold across the GTA, up 1.7% from last March. It's a small increase, but it's the first one this year.
Buyers still have room to negotiate. The average price was $1,017,796, down 6.7% from a year ago. Toronto condos averaged $648,287, down 9.6%.
Good homes are selling close to asking. Toronto homes sold for 99% of their asking price, and in Toronto East it was 102%. Homes took about 31 days to sell.
So what does this mean for you?
Buying? You have more negotiating power than buyers had a few years ago, but the best homes won't wait. Know your budget, know your must haves, and be ready to act when the right one comes up.
Selling? Spring buyers are out, and they're comparing everything. My background as an Estate Manager taught me that presentation matters, from the front door to the closets. A clean, bright, well kept home makes a strong first impression.
Planning a spring move? Let's talk about timing, pricing and how to make your home stand out.
Get my free home evaluation | Contact Tyler
Source: TRREB Market Watch, March 2026.
