Here’s the Top Month for Home Sales in Every Single GTA Neighbourhood

Wahi broke down GTA home sales on a monthly basis and at the neighbourhood level to see when — and where — housing market activity peaked last year.

By Josh Sherman | 2 minute read

One-in-10 GTA homes that sold last year did so during the month of April, the busiest month for the housing market.

New analysis from digital real estate platform Wahi reveals the top months for selling a home across the Greater Toronto Area.

Breaking down sales by month and location, Wahi’s latest study indicates when home-selling activity peaked last year in each of the GTA’s 340 neighbourhoods with at least five transactions. Depending on the neighbourhood, the month with the highest sales ranged all the way from January to December.

“While spring and fall are typically the busiest time of year for home sales in general, Wahi’s latest study puts this into numbers and shows how much trends can vary from neighbourhood to neighbourhood,” says Wahi CEO Benjy Katchen. “It also shows some interesting exceptions,” he adds. 

Last year, April was the top month for home sales both when looking at the total number of homes changing hands (7,025) as well as the share of neighbourhoods that saw activity peak then.

Some 81 neighbourhoods (23%) recorded the highest number of home sales in April, followed by May, which was busiest for 71 neighbourhoods (21%) May also had the second-highest sales tally (6,897), down from 2023 (9,099) when it was the most active month. 

October and March were the only other two months last year when sales highs were reached in 50-plus neighbourhoods. For 56 neighbourhoods (16%), October was the leading month for activity, while for 55 (16%) it was March.

As far as outliers, last January three neighbourhoods peaked for home sales, the fewest of any month: Markham’s Buttonville, Downtown Burlington, and Kedron, in Oshawa.

Note that the month with the most home sales for your neighbourhood isn’t necessarily the best month to list your home for sale, as a variety of factors determine how fast a home sells. These include list price, overall real estate market conditions, interest rates, and the characteristics of a property, to name a few. A neighbourhood with high home sales in a given month in 2024 won’t necessarily see the same trend this year.

View the Full Neighbourhood Data

Find out when home sales peaked in your GTA neighbourhood in 2024 by checking out the table below. Note that some neighbourhoods may appear more than once in the list due to ties in monthly sales volumes.

Other Findings:

• December was not far behind January among the slowest months, with only four neighbourhoods experiencing their highest monthly sales with the holidays approaching: these include York region’s Angus Glen, Devonsleigh, Glen Sheilds, as well as Durham region’s West Shore.

   

• August was the only other month during which time fewer than 10 neighbourhoods (eight total) reached their year high for sales.

   

• While monthly sales for the GTA crested in April, the region’s highest median home price was recorded in June ($999,000).

   

• Willowdale, a Toronto neighbourhood that includes the dense North York City Centre area, achieved the most sales in a single month overall at 139, in March.