Market data Palmerston-Little Italy Updated October 27, 2026

Palmerston-Little Italy Real Estate Market.

Sale prices, days on market and trends for homes in Palmerston-Little Italy, based on MLS® sales through September 2026.

September 2026 at a glance

In September 2026, the median sale price for homes in Palmerston-Little Italy was $2,062,000. Over the last three months, the median was down 10.6% from the same months a year earlier. 11 homes sold while 41 new listings came to market. Homes that sold took an average of 20 days to find a buyer. With a sales-to-new-listings ratio of 41% over the last three months, Palmerston-Little Italy is a balanced market right now.

Median price$2,062,000 Down 10.6%

Days on market20 12 days faster

Homes sold11

New listings41See the newest For sale now42See listings

Figures for September 2026 unless noted. "For sale now" is today's count. The median price and days on market changes compare the last three months with the same months a year earlier.

Balanced market

Sales and new listings are roughly in step, so neither side has a clear edge.

Buyer'sBalancedSeller's

Sales-to-new-listings ratio, last 3 months: 41%
Months of supply: 4.7

How Palmerston-Little Italy compares

+152%

Homes in Palmerston-Little Italy sold for 152% more than the Toronto median ($819,530) in September 2026.

Palmerston-Little Italy$2,062,000

Toronto$819,530

What it means

Prices are easing: the 3-month median is down 10.6% from a year ago.
Buyers have room to negotiate: 74% of homes sold under asking in the last 3 months.
Supply is balanced: about 4.7 months of listings at the current pace of sales.

PeriodSeptember 2026

Compared withSeptember 2025

SourceMLS® sales, TRREB area

Prices

3-month median sale price

Each point averages three months, weighted by sales, to smooth out swings. That is why September's point ($1,597,000) differs from the September median above ($2,062,000). Hover a point for that month on its own.

Palmerston-Little Italy, 3-month average Toronto, 3-month average

Two-year high$1,737,000August 2025

Two-year low$1,224,000July 2026

Toronto median$819,530September 2026

Price per square foot

Average sale price per square foot each month. Most listings give size as a range, so we use the middle of it.

Condos and houses compared

September 2026	Median sale price	Days on market	Sold	For sale now
Condos	$574,000	27	4	7
Houses	$2,062,000	20	11	35

How homes sold against the asking price

Share of homes that sold over, at or under their asking price, Jul 2026 to Sep 2026.

Over askingAt askingUnder asking

Last 3 months26%74%27 sales

A year earlier29%71%24 sales

Prices by home type

Median sale price and average days on market, Apr 2026 to Sep 2026. Types with fewer than four sales are left out.

Home type	Median sale price	Days on market	Sales
Detached	$2,052,000	26	8
Semi-detached	$1,432,600	18	27
Townhouse	$1,815,000	17	8
Condo apartment	$525,000	30	5

Homes for sale now in Palmerston-Little Italy

See all 42

New

$1,199,000

628 Ossington Avenue

2 bed · 3 bath · 1,100–1,500 sq ft

Palmerston-Little Italy

Listing brokerage · MLS® C14116972Re/max Hallmark Realty Ltd.

New

$649,000

456 COLLEGE Street #408

1+1 bed · 1 bath · 700–799 sq ft

Palmerston-Little Italy

Listing brokerage · MLS® C14116102Sage Real Estate Limited

$2,499,000

274 Roxton Road

3+1 bed · 6 bath · 1,500–2,000 sq ft

Palmerston-Little Italy

Listing brokerage · MLS® C14111952Housesigma Inc.

$1,395,000

540 Crawford Street

2 bed · 1 bath · 700–1,100 sq ft

Palmerston-Little Italy

Listing brokerage · MLS® C14106800Royal Lepage Signature Realty

$1,499,999

261 Grace Street

4+1 bed · 3 bath · 1,500–2,000 sq ft

Palmerston-Little Italy

Listing brokerage · MLS® C14096636Right At Home Realty

$1,788,000

20 Concord Avenue

4+1 bed · 3 bath · 1,500–2,000 sq ft

Palmerston-Little Italy

Listing brokerage · MLS® C14093274Keller Williams Referred Urban Realty

$1,299,000

620 Crawford Street

3+1 bed · 3 bath · 1,500–2,000 sq ft

Palmerston-Little Italy

Listing brokerage · MLS® C14094820Property.ca Inc.

Price reduced

$1,275,000

442 Crawford Street

3 bed · 3 bath · 1,500–2,000 sq ft

Palmerston-Little Italy

Listing brokerage · MLS® C14080034Allan M Spivak

$1,675,000

227 Montrose Avenue

4 bed · 2 bath · 1,500–2,000 sq ft

Palmerston-Little Italy

Listing brokerage · MLS® C14030820Re/max Professionals Inc.

$1,450,000

28 Concord Avenue

6 bed · 4 bath · 2,000–2,500 sq ft

Palmerston-Little Italy

Listing brokerage · MLS® C14030438Royal Lepage West Realty Group Ltd.

Price reduced

$669,000

301 Markham Street #210

1 bed · 1 bath · 600–699 sq ft

Palmerston-Little Italy

Listing brokerage · MLS® C14034358Royal Lepage Real Estate Services Ltd.

$1,899,000

492 Manning Avenue

3+1 bed · 3 bath · 1,500–2,000 sq ft

Palmerston-Little Italy

Listing brokerage · MLS® C14033028Freeman Real Estate Ltd.

Supply and demand

When new listings outpace sales, buyers have more choice. When sales catch up, sellers gain the edge.

Sales and new listings, by month

SalesNew listings

Sales-to-new-listings ratio

Below 40% favours buyers, 40 to 60% is balanced, above 60% favours sellers. The market card above uses the last three months together.

Days on market

Average number of days homes that sold were on the market. Fewer days usually means more competition.

Recently sold in Palmerston-Little Italy

Members

30 homes sold in the last 90 days.

See what sold, and for how much

A free account shows sold prices and dates in Palmerston-Little Italy, plus alerts when homes sell.

Create a free account

Already a member? Sign in

Nearby neighbourhoods

How homes in Palmerston-Little Italy compare with the areas next door.

Neighbourhood	Median sale price	Days on market	Market
Palmerston-Little Italy (this area)	$2,062,000	20	Balanced market
University	$1,350,000	44	Balanced market
Trinity-Bellwoods	$1,255,000	12	Buyer's market
Dufferin Grove	$1,405,000	15	Buyer's market
Kensington-Chinatown	$635,000	41	Buyer's market

Latest month with sales for each area.

Frequently asked questions

What is the average price of homes in Palmerston-Little Italy?

The median sale price for homes in Palmerston-Little Italy was $2,062,000 in September 2026, down 10.6% year over year.

How long does it take to sell a home in Palmerston-Little Italy?

In September 2026, homes that sold in Palmerston-Little Italy were on the market for an average of 20 days.

Is Palmerston-Little Italy a buyer's or seller's market?

Palmerston-Little Italy is currently a balanced market for homes. Sales and new listings are roughly in step, so neither side has a clear edge. This is based on the ratio of sales to new listings over the last three months (41%).

For owners in Palmerston-Little Italy

What’s your Palmerston-Little Italy home worth?

Enter your address for a free estimate based on recent sales near you. Then our team can talk through the right price and timing.

42 for salehomes in Palmerston-Little ItalySee listings