Toronto, Ontario Real Estate Market Report
Greater Toronto Area, Ontario, Canada · Market data as of
Buyer's MarketToronto is currently a buyer’s market with 6.1 months of inventory and a 12-month median sale price of $825K. Higher inventory gives buyers more options and room to negotiate.
Price Trajectory
How Toronto's median sold price is moving — year-over-year, by property type, and most recently.
Recent sales are pricing below the trailing-year benchmark — the market is cooling.
| Property Type | Median | YoY |
|---|---|---|
| Freehold | $1.19M | — |
| Condo | $580K | — |
Sold residential · trailing 12 months · aggregated MLS data. Property types with fewer than 10 sales are omitted.
Most market reports are old by the time you read them. Boards publish monthly, usually two weeks after the month closes. Every figure on this page is calculated daily from live MLS data, so you're seeing today's market, not last month's summary.
Based on 23,459 sales and 9,928active listings · Data refreshes every morning
BWhat This Means for Buyers
With 6.1 months of inventory, buyers have more options and negotiating power in Toronto.
There are 9,928 active listings to choose from, giving you time to find the right fit.
Prices have been trending down, which may create opportunities for patient buyers.
SWhat This Means for Sellers
Higher inventory means sellers need to work harder to stand out in Toronto.
Homes are selling at 99% of list price, so pricing accurately from day one is critical.
23,459 homes sold in the past 12 months. Presentation and pricing strategy matter more in this environment.
Filters apply to statistics and charts below. Other sections show all property types.
Prices have been trending downward over the past 12 months. Here's how that breaks down across price ranges and time.
How fast are homes selling?
Average days on market over time. Lower numbers mean homes are selling faster.
| Period | Avg Days on Market |
|---|---|
| 2025-09 | 27 days |
| 2025-10 | 31 days |
| 2025-11 | 33 days |
| 2025-12 | 42 days |
| 2026-01 | 44 days |
| 2026-02 | 35 days |
| 2026-03 | 31 days |
| 2026-04 | 29 days |
| 2026-05 | 26 days |
| 2026-06 | 30 days |
| 2026-07 | 33 days |
| 2026-08 | 35 days |
| 2026-09 | 36 days |
How does this month compare?
Month-over-month and year-over-year changes in key metrics.
| Metric | Current | Last Month | MoM | Same Month Last Year | YoY |
|---|---|---|---|---|---|
| Median Price | $775K | $778K | -0.4% | $913K | -15.1% |
| Sales Count | 665 | 1,801 | -63.1% | 826 | -19.5% |
| Avg DOM | 36 | 35 | +2.9% | 27 | +33.3% |
What's selling?
Breakdown of sales by property type over the past 12 months.
| Property Type | Count | Share |
|---|---|---|
| Residential Condo & Other | 6,108 | 62% |
| Residential Freehold | 3,820 | 38% |
The monthly stats tell one story. The daily trajectory tells another — here's how inventory is moving day by day.
Daily Market Trajectory
Updated dailyMost market reports use 30-day rolling averages. By the time you see a shift, it already happened weeks ago. This chart tracks inventory daily so you can spot trajectory changes as they happen.
Last 30 days · updated daily
Speed and competitiveness are two sides of the same coin. Here's how aggressively homes are trading.
How competitive is this market?
Absorption rate and sale-to-list price ratio show how aggressively homes are trading.
Last 30 days · updated daily
Just Listed
Just Sold
Neighbourhoods in Toronto
Detailed market data for 143 areas within Toronto.
- Wellington Place$630K · 566 sold
- St Lawrence-East Bayfront-The Islands$640K · 459 sold
- Harbourfront-CityPlace$583K · 352 sold
- Annex$1.18M · 330 sold
- Humber Bay Shores$610K · 316 sold
- Fort York-Liberty Village$590K · 312 sold
- Etobicoke City Centre$540K · 283 sold
- Banbury-Don Mills$812K · 272 sold
- Bayview Village$583K · 266 sold
- South Riverdale$1.19M · 260 sold
- Yonge-Doris$622K · 232 sold
- Downtown Yonge East$588K · 220 sold
- South Eglinton-Davisville$660K · 217 sold
- Moss Park$547K · 215 sold
- Bay-Cloverhill$593K · 210 sold
- Islington$825K · 203 sold
- Birchcliffe-Cliffside$939K · 200 sold
- West Queen West$690K · 200 sold
- Stonegate-Queensway$1.24M · 199 sold
- Rosedale-Moore Park$1.71M · 194 sold
- Church-Wellesley$550K · 191 sold
- North Toronto$575K · 187 sold
- The Beaches$1.43M · 185 sold
- High Park-Swansea$1.34M · 174 sold
- Junction-Wallace Emerson$875K · 174 sold
- Mimico-Queensway$940K · 174 sold
- Clanton Park$575K · 165 sold
- Henry Farm$515K · 164 sold
- Avondale$600K · 163 sold
- Clairlea-Birchmount$824K · 163 sold
- Willowdale West$742K · 162 sold
- Newtonbrook West$933K · 157 sold
- Bendale-Glen Andrew$589K · 156 sold
- Trinity-Bellwoods$1.25M · 151 sold
- Woburn North$535K · 150 sold
- Dorset Park$574K · 149 sold
- West Hill$780K · 148 sold
- Downsview$683K · 145 sold
- Bedford Park-Nortown$2.20M · 143 sold
- Agincourt North$850K · 141 sold
- Agincourt South-Malvern West$549K · 141 sold
- Danforth East York$1.15M · 141 sold
- East End-Danforth$1.08M · 141 sold
- Lawrence Park North$1.74M · 140 sold
- Leaside-Bennington$1.92M · 139 sold
- Yonge-Bay Corridor$720K · 137 sold
- Don Valley Village$815K · 136 sold
- Lawrence Park South$2.45M · 136 sold
- Oakwood Village$1.12M · 134 sold
- Greenwood-Coxwell$1.09M · 133 sold
- York University Heights$600K · 133 sold
- Mount Pleasant East$1.45M · 132 sold
- Tam O'Shanter-Sullivan$690K · 131 sold
- Lansing-Westgate$843K · 130 sold
- Newtonbrook East$1.23M · 129 sold
- East Willowdale$1.56M · 128 sold
- St.Andrew-Windfields$1.97M · 127 sold
- Willowridge-Martingrove-Richview$1.13M · 124 sold
- Kensington-Chinatown$650K · 119 sold
- Yonge-St.Clair$1.51M · 118 sold
- Malvern East$670K · 116 sold
- Edenbridge-Humber Valley$1.50M · 115 sold
- Steeles$700K · 115 sold
- Westminster-Branson$635K · 113 sold
- Englemount-Lawrence$826K · 112 sold
- Junction Area$1.00M · 111 sold
- Wexford/Maryvale$919K · 109 sold
- Roncesvalles$1.25M · 108 sold
- High Park North$1.31M · 106 sold
- Hillcrest Village$898K · 106 sold
- West Humber-Clairville$813K · 106 sold
- Eringate-Centennial-West Deane$1.04M · 105 sold
- Runnymede-Bloor West Village$1.41M · 104 sold
- Fenside-Parkwoods$640K · 103 sold
- Little Portugal$795K · 103 sold
- Milliken$830K · 103 sold
- Golfdale-Cedarbrae-Woburn$800K · 101 sold
- Regent Park$535K · 100 sold
- Corso Italia-Davenport$1.12M · 99 sold
- East L'Amoreaux$738K · 99 sold
- Briar Hill-Belgravia$796K · 98 sold
- Weston$650K · 98 sold
- Casa Loma$1.55M · 97 sold
- L'Amoreaux West$695K · 97 sold
- West Rouge$871K · 97 sold
- Cabbagetown-South St.James Town$651K · 96 sold
- Long Branch$963K · 96 sold
- Humewood-Cedarvale$1.42M · 95 sold
- Yorkdale-Glen Park$633K · 95 sold
- Woodbine Corridor$1.19M · 94 sold
- Bathurst Manor$1.16M · 93 sold
- Kingsview Village-The Westway$765K · 93 sold
- New Toronto$915K · 92 sold
- Alderwood$1.05M · 91 sold
- Flemingdon Park$484K · 90 sold
- Rockcliffe-Smythe$805K · 87 sold
- South Parkdale$614K · 87 sold
- Yonge-Eglinton$1.43M · 87 sold
- Glenfield-Jane Heights$863K · 86 sold
- Palmerston-Little Italy$1.28M · 86 sold
- Weston-Pelham Park$875K · 85 sold
- O'Connor-Parkview$938K · 84 sold
- Kingsway South$2.30M · 83 sold
- Pleasant View$889K · 83 sold
- Victoria Village$930K · 83 sold
- Bridle Path-Sunnybrook-York Mills$2.69M · 82 sold
- Malvern West$590K · 82 sold
- Cliffcrest$925K · 81 sold
- Wychwood$1.17M · 79 sold
- Eglinton East$711K · 77 sold
- Princess-Rosethorn$1.80M · 77 sold
- North Riverdale$1.63M · 76 sold
- Oakdale-Beverley Heights$910K · 76 sold
- Dovercourt Village$1.28M · 73 sold
- Guildwood$930K · 73 sold
- Taylor-Massey$538K · 73 sold
- Centennial Scarborough$1.03M · 72 sold
- Forest Hill South$2.02M · 72 sold
- Keelesdale-Eglinton West$805K · 70 sold
- Morningside Heights$978K · 68 sold
- Scarborough Village$665K · 67 sold
- Woodbine-Lumsden$933K · 66 sold
- Etobicoke West Mall$530K · 65 sold
- Kennedy Park$760K · 65 sold
- Mount Olive-Silverstone-Jamestown$573K · 65 sold
- Pelmo Park-Humberlea$915K · 65 sold
- Bayview Woods-Steeles$1.30M · 63 sold
- Caledonia-Fairbank$895K · 63 sold
- Parkwoods-O'Connor Hills$1.25M · 63 sold
- Markland Wood$812K · 62 sold
- Lambton Baby Point$1.54M · 61 sold
- Broadview North$995K · 60 sold
- Morningside$790K · 58 sold
- Dufferin Grove$1.06M · 57 sold
- Old East York$1.16M · 56 sold
- Blake-Jones$1.27M · 54 sold
- Elms-Old Rexdale$740K · 54 sold
- Highland Creek$1.18M · 54 sold
- Mount Dennis$614K · 54 sold
- Humber Heights-Westmount$975K · 53 sold
- Rexdale-Kipling$830K · 51 sold
- Danforth$1.27M · 50 sold
- Humbermede$810K · 50 sold
Want a Detailed Analysis?
Contact Jeff Chisholm for a personalized market analysis of Toronto and surrounding areas.
Jeff Chisholm, Sales Representative
Chisholm Real Estate Team
Direct Realty Ltd., Brokerage
Top Rated Schools
Source: EQAO provincial assessment results
Demographics
Age Distribution
Source: Statistics Canada, Census 2021 (Open Government Licence)
How does Toronto compare?
Key metrics for nearby cities in Greater Toronto Area. All figures are for residential properties over the past 12 months.
Rental Market
Rental data: Statistics Canada, Open Government Licence
Market Pulse Score
Driving factor: Absorption rate (0.2)
Price Outlook
Market forecasts are statistical estimates based on historical MLS trend data, months of inventory, and Bank of Canada rate data. This information is provided for general informational purposes only, does not constitute financial, investment, or professional Real Estate advice, and should not be relied upon for making purchasing or investment decisions. Forecasts do not replace a professional Comparative Market Analysis or certified appraisal by a licensed appraiser.
Frequently Asked Questions
What is the average home price in Toronto, Ontario?
Is Toronto a buyer's or seller's market?
How long do homes take to sell in Toronto?
What is the months of inventory in Toronto?
How much do homes sell above or below asking in Toronto?
What are the real estate market trends in Toronto, Ontario?
Current Mortgage Rates in Ontario
1 year fixed
2.50%
Bank of Canada Posted Rate
3 year fixed
5.19%
Bank of Canada Posted Rate
5 year fixed
6.09%
Bank of Canada Posted Rate
Prime (variable)
2.65%
Posted rates from Bank of Canada · Updated September 16, 2026
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How We Calculate These Statistics
Data source: Statistics are calculated from MLS listing data provided under license from the Canadian Real Estate Association (CREA) and participating Real Estate boards.
Months of Inventory (MOI):Active listings divided by the monthly sales rate for the selected period (1, 3, 6, or 12 months). Under 4 months generally indicates a seller's market; over 6 months indicates a buyer's market.
SP/LP Ratio: Sale Price to List Price ratio calculated as the median of (sale price / list price) across all sold properties with valid pricing data.
Home Price Index (HPI):CREA's aggregate composite benchmark index tracking price changes for a typical home, adjusted for property mix differences over time.
Update frequency: Data refreshes every 30 minutes via Incremental Static Regeneration (ISR). Daily snapshot metrics update once per day.
Coverage: Includes all residential property types listed on the MLS for Toronto and surrounding areas.
Jeff Chisholm, Sales Representative
Chisholm Real Estate Team at Direct Realty Ltd., Brokerage
Premium Real Estate tools and market intelligence powered by REintel
Data provided by REintel. Statistics are aggregated from MLS data under license. Reproduction or redistribution of this data is prohibited without written consent. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association (CREA).
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.