Homes are selling the slowest in these Greater Toronto Area neighbourhoods

In a slow real estate market, homes in some neighbourhoods in the Greater Toronto Area take longer to sell than others.

Home prices and sales were down in June compared to the same time last year.

The average selling price, at $1,101,691, was down by 5.4 per cent compared to June 2024 across the GTA, the Toronto Regional Real Estate Board report stated.

A total of 6,243 home sales were reported through Toronto Regional Real Estate Board’s MLS System in June 2025–down by 2.4 per cent compared to June 2024.

In a tough real estate market, it often takes longer to sell homes than usual.

The average number of days it took to sell a home in the Greater Toronto Area ranged between nine and 75 days in June, according to a new analysis from digital real estate platform Wahi.

In a previous report, Wahi noted that the—type of property, how it’s priced, the neighbourhood it’s located in—all impact how quickly it sells.

Wahi looked at where homes sold faster or slower in June.

Most of the fastest-selling communities are in old Toronto with one Etobicoke outlier. The Princess-Rosethorn neighbourhood is a residential community, which borders are Eglinton Avenue West to the north, Islington Avenue to the east, Rathburn Road and Mimico Creek to the south, and Martin Grove Road to the west.

Neighbourhoods where it took longer to sell a home last month included old Toronto neighbourhoods with large homes, such as Rosedale, and an area with a high concentration of high rises—Saint James Town.

Oakville’s business corridor, along Cornwall and Speers roads, tops the list with homes taking an average of 75 days to sell in June.

Learn more about these neighbourhoods here.

Lead photo of Oakville’s business corridor: Google Maps