Market insights · Palmerston-Little Italy

Palmerston-Little Italy market

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Palmerston-Little ItalyMarket reportSeptember 2026

Market at a glance

The latest figures for Palmerston-Little Italy — September 2026.

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In September 2026, 11 homes sold in Palmerston-Little Italy at a median price of $2,060,000, 24.1% higher than in September 2025. Homes took 20 days to sell on average and sold for 101.3% of the asking price.

Median sold price: the middle sale of the month, by firm date. Days on market: the average for homes that sold. Sold vs asking: the average sold price as a share of the final asking price. Year-ago comparisons use the same area and home type.

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Seasonal patterns

How a typical year runs in City of Toronto, from 2013–2025 sales. A history, not a forecast.

Bars: the average share of a year's sales that happened in each month. Under each month: how its median sold price sat against that year's own trend (the median over 13 years) — partly the season, partly which homes sell then. In a typical year September has 8.4% of the year's sales. Pattern shown for City of Toronto.

Property types at a glance

Compare key metrics by home type — September 2026.

Share of homes sold

Distribution of sales by property type — September 2026.

  • Detached18.2%2
  • Semi-detached54.5%6
  • Townhouse18.2%2
  • Link, multiplex & other9.1%1

Completed sales, not homes for sale. Percentages are rounded, so they may not add to exactly 100%.

Market pace

Key indicators of market activity: what's coming on, what's available and how fast it's selling.

New listings38
+245.5% vs. Aug 2026higher
Homes newly listed for sale in Sep 2026.
Active listings39
For sale now
Today’s count, updated through the day.
Sales-to-new-listings ratio29%
-25.6 pts vs. Aug 2026lower
Homes sold in Sep 2026 ÷ homes newly listed in Sep 2026.
Months of inventory—
TRREB doesn’t publish this area
How long the homes for sale would last at the recent pace of sales.

Buy vs rent

Estimated monthly cost to own at Palmerston-Little Italy's median sold price, next to what homes are listed for rent at today.

Own$11,220per month, estimated
Rent…loading rents
Down payment
Mortgage rate
Mortgage payment$9,575
Property tax (estimate)$1,545
Home insurance (estimate)$100
Total to own$11,220

Assumptions: 20% down, 4.99% for 25 years compounded semi-annually (as Canadian mortgages are), property tax at 0.9% of the price a year, home insurance about $100 a month; no condo fee. Rents are asking rents of whole homes listed for lease today, not signed leases; a bedroom count with fewer than 10 listings isn't shown. An estimate to compare the market, not advice for your situation.

Compare areas

See how different regions performed in September 2026: median sold price and change from a year earlier.

Every area uses the same measure: median sold price of all homes, by firm date, for September 2026. Pictures are illustrations.

Compare any areas

TorontoCity of TorontoGTA

Median sold price

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Homes sold

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Days on market

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Sold vs asking

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Benchmark price (TRREB HPI)

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Homes for sale now

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Each area's newest finished month, all homes, by firm date; the benchmark is TRREB's latest; homes for sale are today's count. A figure with too few sales to publish says so.

Palmerston-Little Italy at a glance

How the market leans here, and who has been buying.

Balanced marketAll home types · 31 sales over 3 months
Buyer'sBalancedSeller's

Homes in Palmerston-Little Italy are selling near asking in about 22 days. Neither side has the upper hand right now.

What sold in Palmerston-Little Italy, by home type — September 2026

Every style of home, averaged honestly — so you can see exactly where your home fits.

⌂ Detached homesAVG SOLD PRICE
2.5-Storey Detached
1 sale · too few to publish a price
—
INDICATIVE
2-Storey Detached
1 sale · too few to publish a price
—
INDICATIVE
▤ Semis, links, townhomes & condosAVG SOLD PRICE
Semi-Detached
6 sales · 11d to sell
$2,400,000
AVG SOLD
Freehold town · 3-storey
1 sale · too few to publish a price
—
INDICATIVE
Multiplex
1 sale · too few to publish a price
—
INDICATIVE
Freehold town · other styles
1 sale · too few to publish a price
—
INDICATIVE

Average sold price within each tier. Detached split by style; townhomes by freehold or condo and 2- or 3-storey; semis and links counted separately. Tiers with fewer than 3 sales are marked indicative. Ask us for a precise read on any segment.

Detached homes sold — by size

Median price and price-per-square-foot for detached homes across size bands in September 2026. Smaller homes cost more per foot; larger homes cost more overall.

SIZE (SQ FT)MEDIAN SOLDHOMES SOLD$ / SQ FT
Under 1,000—1—
1,000 - 1,499—1—
1,500 - 1,999—3—
2,000 - 2,499—4—
2,500 - 2,999—2—

Bands with only a handful of sales are directional. Ask us for the fuller multi-month trend.

Recent sold homes — September 2026

Individual sold listings across Palmerston-Little Italy — free once you create an account.

AddressCommunityTypeBed / BathListSoldSold on
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What moves Palmerston-Little Italy prices

Two forces sit behind almost every price move: the cost of borrowing and the pace of inflation. When rates fall and inflation cools, buying power rises and prices tend to firm; when they climb, the market cools.

5-year fixed mortgage rate
4.58%
▲ 0.09 pt
Aug 2025Aug 2026
Bank of Canada · uninsured, funds advanced
Inflation — CPI
3.10%
▲ 0.10 pt
Sep 2025Sep 2026
Bank of Canada / StatCan · year-over-year

Monthly market data

Homes sold, median price, days on market and sold vs asking in Palmerston-Little Italy, for the last 36 months.

Show the table
MonthHomes soldMedian priceDays on marketSold vs asking
Oct 2026 (so far)14$1,210,0002799.9%
Sep 202611$2,060,00020101.3%
Aug 20266$1,390,0001497.7%
Jul 202610$1,210,0003594.9%
Jun 20268$1,190,00034105.5%
May 202610$1,270,0002098.9%
Apr 20268$1,920,00019102.5%
Mar 20266$1,390,0003195.5%
Feb 20266$1,130,0005196.3%
Jan 20266$1,580,0006197.9%
Dec 20255$1,640,0002598.7%
Nov 20257$1,230,0003798.0%
Oct 202513$1,390,00021103.1%
Sep 20256$1,660,00036100.4%
Aug 20259$1,800,00047101.1%
Jul 202510$1,570,00028102.0%
Jun 20257$1,900,00011101.3%
May 202512$1,590,00014104.6%
Apr 20259$1,410,00017105.3%
Mar 20258$2,010,0003099.9%
Feb 20256$1,200,0006115.3%
Jan 20252—5121.9%
Dec 20245$1,350,00035100.3%
Nov 20245$1,250,0002397.0%
Oct 20246$1,940,0003795.3%
Sep 202411$1,600,0004595.9%
Aug 20243—4699.5%
Jul 202410$1,660,00013101.5%
Jun 20245$1,600,000996.3%
May 202415$1,920,00014102.5%
Apr 20249$1,780,00010106.2%
Mar 20245$1,390,0005097.6%
Feb 202410$1,810,0002599.2%
Jan 20244—6997.6%
Dec 20236$1,010,0004092.6%
Nov 20239$1,450,00015100.4%

By firm date. A dash: too few sales that month to publish the figure.

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