Toronto Real Estate Spring Market Update: What Buyers and Sellers Should Expect Right Now

Image of a Toronto home for sale in spring 2025

After a quiet start to 2025, Toronto’s spring real estate market is finally waking up. We’re seeing more listings hit the market, increased showing activity, and buyers who’ve been sitting on the sidelines are starting to re-engage. But this isn’t the same kind of fast-moving, high-pressure market we saw during the pandemic — and that’s an important shift for both buyers and sellers to understand.

Whether you're considering buying your first home, moving up, or selling an existing property, here’s what you should know about the current market — and how to position yourself for success.

Where Things Stand Now

Interest rates have stabilized, buyer confidence is returning slowly, and listings are beginning to increase — especially in key areas of Toronto where demand tends to stay strong even in uncertain markets.

Here is some of what we’re seeing:

  • Increased activity in Leslieville, Danforth Village, Leaside, Bloor West Village, High Park, and Roncesvalles (just to name a few), particularly for detached and semi-detached homes under $1.5M

  • Condos in King West and Liberty Village showing more consistent showings, especially when priced competitively

  • East York bungalows and renovated semis continue to attract strong interest from young families and investors, with days on market consistently under 14 in many cases. Semi-detached homes citywide have become one of the fastest-moving segments this spring, especially in the $1.1M–$1.4M range.

  • Downtown core units, especially those without outdoor space or parking, moving more slowly unless sharply priced

The market is very price-sensitive, but homes in desirable neighbourhoods that show well are still seeing strong interest — and in some cases, multiple offers.

Advice for Sellers: Preparation Is Power

If you're thinking of selling this spring or summer, the most important thing you can do is plan before you list. Buyers are more cautious right now, and homes that don’t hit the market prepared — or are priced too aggressively — tend to sit. That creates a perception issue fast.

Here’s what successful sellers are doing in this market:

  • Getting ahead of prep: Whether it’s light staging, paint touch-ups, or curb appeal updates, first impressions still matter more than ever.

  • Pricing based on data — not emotion — is essential. Homes in neighbourhoods like Leslieville, Leaside, and Riverdale are still performing well when listed within 2–3% of recent comparables. Overpricing kills momentum, and so can choosing the wrong listing strategy. Holding back offers in the wrong market environment can suppress interest and drag out the selling process.

  • Nailing the presentation: Professional photos, floorplans, and strong digital marketing are standard now — and buyers will scroll right past listings that don’t pop.

  • Being strategic with timing: Listings perform better mid-week than on weekends. Aligning your listing date with market activity in your area (and avoiding long weekends) can help maximize eyes and offers.

Even in desirable areas, buyers are more value-conscious than they’ve been in years. If you want to sell for top dollar, it’s not just about listing — it’s about launching with intention.

Not sure where to begin? My free Seller’s Guide walks you through the full process, from pricing to closing. You can download it here

Advice for Buyers: Patience, Preparation, and Precision

While the frenzy of the pandemic years has eased, good homes still don’t last long — especially in high-demand pockets like East Danforth, Roncesvalles, and the Upper Beaches.

Here’s how smart buyers are staying competitive without getting overwhelmed:

  • Start with financing: Get pre-approved through a lender you trust, so you’re confident in your buying power and ready to act when the right home hits.

  • Define your “must-haves” vs. “nice-to-haves”: Knowing what matters most to you — like parking, outdoor space, or school catchment — will help you move faster when a listing checks the right boxes.

  • Understand the market in your target area: Each neighborhood is moving at its own pace. You might see bidding wars in Leslieville but more negotiation room downtown. Track listings, sales, and DOM (days on market).

  • Work with clarity, not urgency: There’s a difference between being ready and being rushed. It’s okay to wait for the right property — just be in a position to move confidently when it appears.

Right now, you have more choice than you’ve had in years — but that doesn’t mean sitting on your hands. The homes worth buying are still being snapped up quickly.

Thinking about a purchase? My Buyer’s Guide covers financing, offer strategies, and more — grab it here

What’s Next?

As we head deeper into the spring and toward the summer market, expect to see:

  • More listings (especially from sellers who were waiting out the winter)

  • Renewed competition in popular pockets

  • Continued sensitivity to pricing and presentation

If you're considering buying or selling in 2025, it’s a good idea to start planning now — even if you're not ready to move for a few months. The earlier you prepare, the smoother and more confident your move will feel when the time comes.


Jake Carroll - Real Estate Salesperson

Need Advice? I’m Here to Help.

If you’re curious about how things are moving in your specific area — or you just want to talk strategy — feel free to reach out anytime. Whether you're ready to jump in or just gathering info, I'm happy to help you make sense of the market.

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