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Toronto C08, Ontario Real Estate Market Report

Toronto, Ontario, Canada · Market data as of

Buyer's Market
SellerBalancedBuyer
7.3 mo
Buyer's Market

Toronto C08 is currently a buyer’s market with 7.3 months of inventory. Higher inventory gives buyers more options and room to negotiate.

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 1,566 sales and 913active listings · Data refreshes every morning

BWhat This Means for Buyers

With 7.3 months of inventory, buyers have more options and negotiating power in Toronto C08.

There are 913 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 C08.

Homes are selling at 98% of list price — pricing accurately from day one is critical.

1,566 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.

913
Active Listings
1,566
Sold (12 mo)
$595K
Median Price
39 days
Avg DOM
98%
SP/LP Ratio
7.3
Months of Inventory
Updated daily
$699K
Average Price
Influenced by outliers
$595K
Median Price
Middle value of all sales
$1.14M
Benchmark Price
Tracks a typical home (CREA HPI)
$20K
Median Bid Delta
14%
Sold Above Asking
83%
Sold Below Asking

Prices have been trending downward over the past 12 months. Here's how that breaks down across price ranges and time.

Price Trends

$1.14MBenchmark-6.7% YoY
Prices Trending Down
HPI Trend Median Average

The most recent point is the current, incomplete month and may change as more sales close.

Price trend data: Jun 25: Median $620,000, Average $703,796, HPI Trend $608,614; Jul 25: Median $622,500, Average $696,474, HPI Trend $606,395; Aug 25: Median $582,500, Average $657,708, HPI Trend $604,177; Sep 25: Median $615,000, Average $768,456, HPI Trend $601,219; Oct 25: Median $632,500, Average $752,371, HPI Trend $599,925; Nov 25: Median $620,000, Average $757,426, HPI Trend $597,152; Dec 25: Median $550,000, Average $652,080, HPI Trend $592,899; Jan 26: Median $600,000, Average $673,310, HPI Trend $584,395; Feb 26: Median $565,000, Average $683,285, HPI Trend $579,588; Mar 26: Median $575,000, Average $629,994, HPI Trend $576,445; Apr 26: Median $577,000, Average $690,049, HPI Trend $577,000; May 26: Median $576,250, Average $714,509; Jun 26: Median $633,750, Average $654,263 (partial month)
Benchmark price by period
PeriodBenchmark Price
2025-06$1.20M
2025-07$1.20M
2025-08$1.19M
2025-09$1.19M
2025-10$1.18M
2025-11$1.18M
2025-12$1.17M
2026-01$1.15M
2026-02$1.14M
2026-03$1.14M
2026-04$1.14M

Price Distribution

Price distribution: $317K–$434K: 195 properties, $434K–$490K: 190 properties, $490K–$533K: 201 properties, $533K–$595K: 195 properties, $595K–$665K: 195 properties, $665K–$755K: 192 properties, $755K–$960K: 201 properties, $960K–$2.3M: 197 properties

Days on Market Distribution

Days on market distribution: 1–7 days: 128 properties, 8–14 days: 238 properties, 15–30 days: 472 properties, 31–60 days: 430 properties, 61–90 days: 169 properties, 90+ days: 127 properties

How fast are homes selling?

Average days on market over time. Lower numbers mean homes are selling faster.

Under 20 = Hot Market Over 60 = Slow Market

The trailing point is the current, incomplete month and may shift as more sales close.

Average days on market by period
PeriodAvg Days on Market
2025-0634 days
2025-0739 days
2025-0840 days
2025-0939 days
2025-1038 days
2025-1137 days
2025-1248 days
2026-0146 days
2026-0245 days
2026-0337 days
2026-0436 days
2026-0533 days
2026-0636 days

How does this month compare?

Month-over-month and year-over-year changes in key metrics.

MetricCurrentLast MonthMoMSame Month Last YearYoY
Median Price$634K$576K+10%$620K+2.2%
Sales Count20142-85.9%89-77.5%
Avg DOM3633+9.1%34+5.9%

What's selling?

Breakdown of sales by property type over the past 12 months.

Listings by property type
Property TypeCountShare
Residential Condo & Other84993%
Residential Freehold526%
Single Family121%

The monthly stats tell one story. The daily trajectory tells another — here's how inventory is moving day by day.

Daily Market Trajectory

Updated daily

Most 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.

Under 4 mo = Seller'sOver 6 mo = Buyer's
Daily months of inventory: May 8: 6.1 months; May 9: 6.2 months; May 10: 6.5 months; May 11: 6.7 months; May 12: 6.4 months; May 13: 6.1 months; May 14: 6.0 months; May 15: 6.1 months; May 16: 6.2 months; May 17: 6.4 months; May 18: 6.7 months; May 19: 6.7 months; May 20: 6.4 months; May 21: 6.4 months; May 22: 6.5 months; May 23: 6.7 months; May 24: 6.9 months; May 25: 7.3 months; May 26: 7.1 months; May 27: 6.7 months; May 28: 6.8 months; May 29: 7.0 months; May 30: 7.0 months; May 31: 7.3 months

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.

Absorption Rate SP/LP Ratio
Dual-axis chart showing absorption rate (area, left axis) and sale-to-list price ratio (line, right axis) over time.

Last 30 days · updated daily

Just Listed

Want a Detailed Analysis?

Contact Jeff Chisholm for a personalized market analysis of Toronto C08 and surrounding areas.

Jeff Chisholm, Sales Representative
Chisholm Real Estate Team
Direct Realty Ltd., Brokerage

Get in Touch

Frequently Asked Questions

What is the average home price in Toronto C08, Ontario?
The median home price in Toronto C08, Ontario is $595K based on 1566 sales over the past 12 months. The average price is $699K. There are currently 913 active listings in Toronto C08.
Is Toronto C08 a buyer's or seller's market?
Toronto C08 is currently a buyer's market with 7.3 months of inventory. Higher inventory gives buyers more options and negotiating leverage.
How long do homes take to sell in Toronto C08?
Homes in Toronto C08 take an average of 39 days to sell (days on market). The median days on market is 28. This is a moderate pace, typical of a balanced market.
What is the months of inventory in Toronto C08?
Toronto C08 currently has 7.3 months of inventory, calculated daily from live listing data. Months of inventory measures how long it would take to sell all current listings at the current sales rate. Under 4 months typically indicates a seller's market, while over 6 months indicates a buyer's market.
How much do homes sell above or below asking in Toronto C08?
In Toronto C08, the median sale price is $20K below asking price. 14% of homes sold above asking and 83% sold below asking over the past 12 months. The sale-price-to-list-price ratio is 98%.
What are the real estate market trends in Toronto C08, Ontario?
The Toronto C08 real estate market has prices trending downward with a median price of $634K in the most recent month. Prices changed +10.0% compared to the previous month. There were 20 sales in the month with an average of 36 days on market.

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 June 7, 2026

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Jeff Chisholm, Sales Representative, Chisholm Real Estate Team, Direct Realty Ltd., Brokerage

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Direct Realty Ltd., Brokerage
MLS Data Provider
RECO Registered
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 C08 and surrounding areas.

Jeff Chisholm, Sales Representative

Chisholm Real Estate Team at Direct Realty Ltd., Brokerage

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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.