Market data Toronto Updated October 27, 2026
Toronto Real Estate Market.
Sale prices, days on market and trends for homes in Toronto, based on MLS® sales through September 2026.
September 2026 at a glance
(compared with September 2025)In September 2026, the median sale price for homes in Toronto was $819,530. Over the last three months, the median was down 4.5% from the same months a year earlier. 2,017 homes sold while 6,799 new listings came to market. Homes that sold took an average of 33 days to find a buyer. With a sales-to-new-listings ratio of 37% over the last three months, Toronto is a buyer's market right now.
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.
Buyer's market
New listings are outpacing sales, so buyers have more choice and room to negotiate.
Sales-to-new-listings ratio, last 3 months: 37%
Months of supply: 5.3
What it means
- Prices are easing: the 3-month median is down 4.5% from a year ago.
- Buyers have room to negotiate: 76% of homes sold under asking in the last 3 months.
- Supply is balanced: about 5.3 months of listings at the current pace of sales.
Monthly market updates
All market updates
Prices
3-month median sale price
Each point averages three months, weighted by sales, to smooth out swings. That is why September's point ($797,000) differs from the September median above ($819,530). Hover a point for that month on its own.
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 | $558,500 | 40 | 1,016 | 6,536 |
| Houses | $1,150,000 | 27 | 1,001 | 4,141 |
How homes sold against the asking price
Share of homes that sold over, at or under their asking price, Jul 2026 to Sep 2026.
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 | $1,246,732 | 25 | 4,323 |
| Semi-detached | $1,110,000 | 20 | 1,402 |
| Townhouse | $1,062,000 | 22 | 509 |
| Condo apartment | $556,105 | 37 | 5,971 |
| Condo townhouse | $691,250 | 34 | 780 |
Homes for sale now in Toronto
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
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 Toronto
Members5,711 homes sold in the last 90 days.
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Frequently asked questions
What is the average price of homes in Toronto?
The median sale price for homes in Toronto was $819,530 in September 2026, down 4.5% year over year.
How long does it take to sell a home in Toronto?
In September 2026, homes that sold in Toronto were on the market for an average of 33 days.
Is Toronto a buyer's or seller's market?
Toronto is currently a buyer's market for homes. New listings are outpacing sales, so buyers have more choice and room to negotiate. This is based on the ratio of sales to new listings over the last three months (37%).
For owners in Toronto
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