Sale prices, days on market and trends for condos 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 condos in Toronto was $558,500. Over the last three months, the median was down 6.0% from the same months a year earlier. 1,016 condos sold while 3,668 new listings came to market. Homes that sold took an average of 40 days to find a buyer. With a sales-to-new-listings ratio of 34% 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.
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Buyer's market
New listings are outpacing sales, so buyers have more choice and room to negotiate.
Buyer'sBalancedSeller's
Sales-to-new-listings ratio, last 3 months: 34% Months of supply: 6.0
What it means
Prices are easing: the 3-month median is down 6.0% from a year ago.
Buyers have room to negotiate: 83% of condos sold under asking in the last 3 months.
Supply is high: about 6.0 months of listings, so buyers have plenty of choice.
Each point averages three months, weighted by sales, to smooth out swings. That is why September's point ($566,000) differs from the September median above ($558,500). Hover a point for that month on its own.
Toronto, 3-month average
Two-year high$650,000October 2024
Two-year low$566,000September 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.
How condos sold against the asking price
Share of condos that sold over, at or under their asking price, Jul 2026 to Sep 2026.
Over askingAt askingUnder asking
Last 3 months14%83%3,257 sales
A year earlier15%82%3,342 sales
Prices by size
Median sale price and average days on market, Apr 2026 to Sep 2026. Types with fewer than four sales are left out.
Size
Median sale price
Days on market
Sales
Studio and 1 bedroom
$480,119
37
2,824
2 bedrooms
$659,640
37
3,227
3 bedrooms or more
$725,900
39
891
Condo fees
Monthly maintenance fees from 6,942 condo sales, Apr 2026 to Sep 2026. Most listings give size as a range, so fee per square foot uses the middle of it.
The median sale price for condos in Toronto was $558,500 in September 2026, down 6.0% year over year.
How long does it take to sell a condo in Toronto?
In September 2026, condos that sold in Toronto were on the market for an average of 40 days.
Is Toronto a buyer's or seller's market?
Toronto is currently a buyer's market for condos. 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 (34%).
For owners in Toronto
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