In December 2024, 80% of condos in the Greater Toronto Area (GTA) sold for less than asking, and 71% of single-family homes also sold below list price. The condo market saw lower competition due to higher supply and fewer buyers, while the single-family home market is tightening, partly due to an increase in the insured mortgage cap, which allows more buyers to access homes with lower down payments.
Wahi’s analysis showed 93% of GTA neighbourhoods were in underbidding territory, with condos seeing the most underbidding (99%). Notable overbid areas included Danforth and Milliken Mills West, while Eastlake in Oakville, known for custom homes, was the most consistently underbid neighbourhood. Wahi tracks bidding activity and offers real-time insights through its Market Pulse tool.
With ComFree, it’s easy! Finally, a platform that connects buyers and sellers. Offering support and service every step of the way, we save you money and give you back control.
Get expert tips, market trends, and exclusive real estate insights—right to your inbox!
By signing up, you agree to our Privacy Policy and Terms & Conditions.
Commission-Free Real Estate with ComFree
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
* Only when the buyer comes direct, otherwise the seller may choose to negotiate a commission with the buyer’s agent.
© 2024 ComFree Realty Inc. All rights reserved.
These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with PassGo Law.
I acknowledge I can only access these forms as a ComFree customer under contract.
These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with PassGo Law.
I acknowledge I can only access these forms as a ComFree customer under contract.
1. Purchase Your Package
2. We Ship Your ‘For Sale’ Sign
3. Book Your VR Tour
4. Complete Listing Input Forms
5. We Make Your Listing Live
6. Get Support 7 Days a Week
7. iSOLD!
These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with PassGo Law.
I acknowledge I can only access these forms as a ComFree customer under contract.
These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with PassGo Law.
I acknowledge I can only access these forms as a ComFree customer under contract.
1. Purchase Your Package
2. We Ship Your ‘For Sale’ Sign
3. Book Your VR Tour
4. Complete Listing Input Forms
5. We Make Your Listing Live
6. Get Support 7 Days a Week
7. iSOLD!
