Based on the November 2024 Toronto Market Report from the Toronto Regional Real Estate Board, properties in Toronto are spending an average of 48 days on the market. The report details the average selling prices across different property categories, showing mixed performance compared to November 2023. Detached homes lead the market with an average price of $1,695,939, marking a significant 5.9% increase from the previous year, while semi-detached properties average $1,248,930, showing a moderate 2.8% rise. However, townhouses have experienced a notable decline, with average prices at $904,335, representing a 6.1% decrease, and condos show a slight dip to $713,364, down 0.3% from November 2023. This data suggests a diverging market where larger, detached properties are gaining value while higher-density housing options face some downward pressure on prices.