Market data University Condos Updated October 27, 2026
University Condo Market.
Sale prices, days on market and trends for condos in University, based on MLS® sales through June 2026.
June 2026 at a glance
(compared with June 2025)In June 2026, the median sale price for condos in University was $616,000. 8 condos sold while 5 new listings came to market. Homes that sold took an average of 43 days to find a buyer. With a sales-to-new-listings ratio of 42% over the last three months, University is a balanced market right now.
Figures for June 2026 unless noted. "For sale now" is today's count.
Balanced market
Sales and new listings are roughly in step, so neither side has a clear edge.
Sales-to-new-listings ratio, last 3 months: 42%
Months of supply: 3.0
What it means
- Buyers have room to negotiate: 82% of condos sold under asking in the last 3 months.
- Supply is balanced: about 3.0 months of listings at the current pace of sales.
- Studios and 1-bedrooms sell fastest, in about 41 days on average.
Prices
3-month median sale price
Each point averages three months, weighted by sales, to smooth out swings. Hover a point for that month on its own.
How condos sold against the asking price
Share of condos that sold over, at or under their asking price, Apr 2026 to Jun 2026.
Prices by size
Median sale price and average days on market, Jan 2026 to Jun 2026. Types with fewer than four sales are left out.
| Size | Median sale price | Days on market | Sales |
|---|---|---|---|
| Studio and 1 bedroom | $512,500 | 41 | 6 |
| 2 bedrooms | $950,000 | 43 | 8 |
Condo fees
Monthly maintenance fees from 14 condo sales, Jan 2026 to Jun 2026. Most listings give size as a range, so fee per square foot uses the middle of it.
Condos for sale now in University
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 University
Members1 condo sold in the last 90 days.
See what sold, and for how much
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Nearby neighbourhoods
How condos in University compare with the areas next door.
| Neighbourhood | Median sale price | Days on market | Market |
|---|---|---|---|
| University (this area) | $616,000 | 43 | Balanced market |
| Annex | $1,057,500 | 53 | Buyer's market |
| Palmerston-Little Italy | $574,000 | 27 | Seller's market |
| Kensington-Chinatown | $596,000 | 44 | Buyer's market |
| Bay Street Corridor | $530,000 | 37 | Balanced market |
Latest month with sales for each area.
Frequently asked questions
What is the average price of condos in University?
The median sale price for condos in University was $616,000 in June 2026.
How long does it take to sell a condo in University?
In June 2026, condos that sold in University were on the market for an average of 43 days.
Is University a buyer's or seller's market?
University is currently a balanced market for condos. 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 (42%).
For owners in University
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