The Fastest and Slowest Selling Neighbourhoods in the GTA Right Now

From Toronto’s high-demand west end to slower suburban markets, new data reveals where homes are selling fast and where sellers are waiting longest.

By Kristin Doucet | 4 minute read

The latest Wahi analysis of the Greater Toronto Area’s real estate market looks at which neighbourhoods have the highest and lowest average days on the market for home sales.

After a brief uptick in fall market activity, Greater Toronto Area (GTA) home sales continue to show striking contrasts between neighbourhoods. While some communities saw homes snapped up in less than two weeks, others took between two and four months to find a buyer.

According to Wahi’s analysis of GTA home sales in October, the fastest-selling neighbourhoods were concentrated in established urban pockets in York, Scarborough and Old Toronto, while slower-moving markets tended to be in suburban areas such as Milton, Burlington, and parts of North York.

The West-end Toronto neighbourhood of Runnymede, in York, claimed the top spot as the fastest-selling neighbourhood in the GTA last month, with homes selling on average in just eight days at a median price of $1.26 million. Known for its family-friendly charm, proximity to Bloor West Village, and access to transit, Runnymede continues to attract strong demand from move-up buyers and young families seeking space without straying far from the city core.

Just east of downtown, Riverdale ranked second, where homes sold in 11 days on average and at a median of $1.47 million. The area’s mix of century homes, walkable streets, and good school districts has long made it one of Toronto’s most sought-after family neighbourhoods. Its proximity to transit and downtown amenities keeps demand steady in this neighbourhood. Runnymede and Riverdale were also the two most overbid neighbourhoods in October, with a median overbid amount of $174,500 and $51,000, respectively. 

In Birch Cliff, a Scarborough enclave perched along Lake Ontario, homes sold in 12 days on average, with a median price of $830,500. This neighbourhood offers a blend of affordability and location appeal that’s increasingly drawing first-time buyers eastward. Similarly, Lambton Park in York matched Birch Cliff’s 12 days-on-market pace, with homes selling for a median of $1 million. The area draws interest from buyers who want to live in an established, transit-accessible community west of downtown.

Rounding out the top five, Toronto’s Parkdale, on the west side, saw homes sell in 13 days on average at a median of $1.37 million. Once known for its eclectic character and lower price point, Parkdale has experienced a significant transformation, with renovated Victorians and proximity to downtown fueling renewed interest among urban buyers.

On the opposite end of the spectrum, Freeman in Burlington topped the list of slowest-selling neighbourhoods last month, where homes took an average of 103 days to sell with a median sale price of $555,000. The area’s slower turnover reflects broader trends in suburban markets, where detached homes and condos alike are facing longer selling times as buyers weigh affordability and commute trade-offs.

In Nelson, Milton, homes lingered on the market for an average of 82 days, with a median price of $1.06 million. Despite Milton’s rapid population growth in recent years, affordability pressures appear to be tempering demand in its more established neighbourhoods.

Flemingdon Park in North York followed closely, with properties averaging 76 days on market and a median price of $487,000. The area, which features a mix of condos and older apartment buildings, continues to attract investors and entry-level buyers, but increased competition among listings has slowed the pace of sales.

Also in North York, Yorkdale saw homes remain on the market for 67 days on average at a median price of $650,000. The proximity to shopping and transit hasn’t fully offset a more cautious buyer pool in the condo segment.

Rounding out the list, Timberlea in Milton recorded an average of 55 days on market and a median sale price of $915,000. Once considered a hot spot for family buyers, the area is now seeing longer sales cycles as listings outnumber active buyers.