Market insights · Toronto

Toronto market

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TorontoMarket reportSeptember 2026

Market at a glance

The latest figures for Toronto · townhouse — September 2026.

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In September 2026, 53 homes (townhouse) sold in Toronto at a median price of $1,150,000, 9.4% lower than in September 2025. Homes took 22 days to sell on average and sold for 103.6% of the asking price.

Buyers' or sellers' market · last 3 months · 2,884 sales, all homesBalanced marketHomes in Toronto are selling near asking in about 33 days. Neither side has the upper hand right now.

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.

  • Detached24.2%244
  • Semi-detached15.9%160
  • Townhouse5.3%53
  • Condo townhouse3.1%31
  • Condo apartment50.2%506
  • Link, multiplex & other1.3%13

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 listings150
+233.3% vs. Aug 2026higher
Homes newly listed for sale in Sep 2026.
Active listings127
For sale now
Today’s count, updated through the day.
Sales-to-new-listings ratio35%
-4.7 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.

Price distribution of homes sold

Share of townhouse sold by price — September 2026.

53 sales by sold price. Counts of sales in each range only; shown for months with at least 20 sales.

Buy vs rent

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

Own$6,309per month, estimated
Rent…loading rents
Down payment
Mortgage rate
Mortgage payment$5,346
Property tax (estimate)$863
Home insurance (estimate)$100
Total to own$6,309

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.

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

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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.

Monthly market data

Homes sold, median price, days on market and sold vs asking in Toronto · townhouse, for the last 36 months.

Show the table
MonthHomes soldMedian priceDays on marketSold vs asking
Oct 2026 (so far)39$1,280,00019101.7%
Sep 202653$1,150,00022103.6%
Aug 202618$1,160,0003099.1%
Jul 202642$1,100,00025100.6%
Jun 202655$1,300,00020103.5%
May 202651$1,190,00018106.4%
Apr 202662$1,280,00013103.6%
Mar 202644$1,280,00027104.5%
Feb 202629$1,250,00023103.2%
Jan 202622$1,140,00032103.9%
Dec 202533$1,150,00044100.7%
Nov 202540$1,190,00028100.0%
Oct 202541$1,230,00025102.4%
Sep 202538$1,270,00019105.6%
Aug 202535$1,200,0002499.1%
Jul 202544$1,140,00017101.3%
Jun 202549$1,310,00015105.3%
May 202563$1,310,00019104.0%
Apr 202550$1,410,00015101.7%
Mar 202535$1,400,00010107.3%
Feb 202528$1,370,00020107.7%
Jan 202516$1,330,00025105.2%
Dec 202423$1,190,00032102.0%
Nov 202432$1,260,00026100.7%
Oct 202458$1,280,00016109.1%
Sep 202431$1,300,00020110.4%
Aug 202428$1,230,0002399.0%
Jul 202436$1,140,00020101.1%
Jun 202433$1,540,00013106.2%
May 202453$1,390,00014108.5%
Apr 202448$1,350,00011110.1%
Mar 202439$1,350,00017109.8%
Feb 202427$1,180,00021105.5%
Jan 202414$1,140,00030101.8%
Dec 202317$1,480,0003594.9%
Nov 202330$1,150,00023101.4%

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

Latest market insights

Analysis, trends and what the numbers mean for buyers and sellers.

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Toronto · Market Report

Full market report: Toronto

Median sold price, volume, days on market and home-type mix across Toronto. Latest full month: September 2026.

Updated with September 2026 sold data · October so far: 705 sales

The Toronto market, at a glance

Sold prices, pace, and neighbourhood detail — pick any month we've reported.

$870,000
MEDIAN SOLD PRICE
▲ 13.0% vs prior month
1007
HOMES SOLD
31
AVG DAYS ON MARKET
99.9%
SOLD-TO-LIST
—
NEIGHBOURHOODS
September
REPORT MONTH

What sold in Toronto, 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-Storey Detached
151 sales · 19d to sell
$1,770,000
AVG SOLD
Bungalow
37 sales · 22d to sell
$1,010,000
AVG SOLD
3-Storey Detached
28 sales · 61d to sell
$3,680,000
AVG SOLD
2.5-Storey Detached
14 sales · 13d to sell
$2,160,000
AVG SOLD
1.5-Storey Detached
13 sales · 28d to sell
$1,010,000
AVG SOLD
Detached
1 sale · too few to publish a price
—
INDICATIVE
▤ Semis, links, townhomes & condosAVG SOLD PRICE
Condo Apt
506 sales · 39d to sell
$720,000
AVG SOLD
Semi-Detached
160 sales · 15d to sell
$1,360,000
AVG SOLD
Freehold town · 2-storey
25 sales · 22d to sell
$1,060,000
AVG SOLD
Freehold town · 3-storey
21 sales · 24d to sell
$1,290,000
AVG SOLD
Condo town · 3-storey
13 sales · 30d to sell
$1,000,000
AVG SOLD
Multiplex
8 sales · 46d to sell
$1,900,000
AVG SOLD
Condo town · 2-storey
8 sales · 16d to sell
$1,110,000
AVG SOLD
Condo town · other styles
7 sales · 23d to sell
$790,000
AVG SOLD
Freehold town · other styles
7 sales · 10d to sell
$1,450,000
AVG SOLD
Other
5 sales · 102d to sell
$4,310,000
AVG SOLD
Stacked condo town
3 sales · 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.

Sold-to-asking by home type

Above 100% means homes traded over ask — a read on where competition is hottest.

Condo Apt96.9%
Detached101.5%
Semi-Detached105.8%
Att/Row/Townhouse103.6%
Condo Townhouse98.7%
Multiplex105.3%
Other96.7%

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$590,000474$870
1,000 - 1,499$1,080,000265$855
1,500 - 1,999$1,550,000145$885
2,000 - 2,499$2,110,00064$935
2,500 - 2,999$2,330,00030$845
3,000 - 3,499$3,440,0009$1055
3,500+$3,510,00017$790

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 Toronto — free once you create an account.

AddressCommunityTypeBed / BathListSoldSold on
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What moves Toronto 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
4.49%
▲ 0.14 pt
Jul 2025Jul 2026
Bank of Canada · uninsured, funds advanced
Inflation — CPI
3.10%
▲ 0.10 pt
Sep 2025Sep 2026
Bank of Canada / StatCan · year-over-year
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