Central Toronto Real Estate Market — Prices, Trends & Listings

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🏠 Central Toronto Homes for Sale — Current Inventory & Asking Prices

Data as of

Central Toronto currently has approximately 580 active freehold listings and 2,817 active condo listings publicly displayed on this website. The latest median asking price of these public listings is about $1,997,000 for freehold homes and $629,900 for condos.

Use the table below to compare current availability and median asking prices across the major property types shown.

  Detached Semi-Detached Townhouses Condo Townhouses Condo Apartments
# of Current Listings 267 153 75 110 2,584
Median Asking Price $2,949,000 $1,570,000 $1,500,000 $999,450 $627,950

Asking prices reflect homes currently offered for sale and are not sold prices. Overall freehold and condo inventory may include property types not shown separately in the table. Inventory and asking prices may change as listings enter or leave the market.

📈 Central Toronto Housing Market Report — October 2026

Based on TRREB Market Watch monthly statistics
Reporting period: October 2026
Source: TRREB Market Watch. Analysis and calculations by HomeZira.

Central Toronto Freehold and Condo Market Conditions

Freehold and condo conditions can move differently, so HomeZira evaluates the two segments separately using the major property types published in TRREB Market Watch.

Freehold Market Condition
Freehold Market Condition

Months of Inventory (MOI) estimates how many months it would take to sell the available inventory at the recent sales pace. Lower MOI generally means tighter supply; higher MOI generally means more choice for buyers.

Sales-to-New-Listings Ratio (SNLR) compares home sales with new listings entering the market. A higher SNLR generally indicates stronger demand relative to new supply, while a lower SNLR indicates more new supply relative to sales.

HomeZira uses both indicators to assess the overall market condition.

🔴 Seller's Market
3.2 12-month MOI 45.8% 12-month SNLR

Freehold activity recorded 205 sales in October 2026, up 44.4% from September 2026 and 35.8% higher than October 2025. Active listings totaled 474, down 11.7% from September 2026 and 8.7% lower than October 2025. Average LDOM was 20 days.

Condo Market Condition
Condo Market Condition

Months of Inventory (MOI) estimates how many months it would take to sell the available inventory at the recent sales pace. Lower MOI generally means tighter supply; higher MOI generally means more choice for buyers.

Sales-to-New-Listings Ratio (SNLR) compares home sales with new listings entering the market. A higher SNLR generally indicates stronger demand relative to new supply, while a lower SNLR indicates more new supply relative to sales.

HomeZira uses both indicators to assess the overall market condition.

🔷 Balanced Market — Buyer-Leaning
5.5 12-month MOI 34.9% 12-month SNLR

Condo activity recorded 457 sales in October 2026, up 4.3% from September 2026 and 13.0% lower than October 2025. Active listings totaled 2,694, little changed from September 2026 and 7.5% lower than October 2025. Average LDOM was 33 days.

Central Toronto Freehold and Condo Market Snapshot — October 2026

Compare the major freehold and condo segments side by side. Monthly rows use the October 2026 reporting period; 12-month MOI and SNLR use trailing-12-month calculations ending in October 2026. MoM compares with September 2026, while YoY compares with October 2025.

Metric Freehold Condo
October 2026 MoM YoY October 2026 MoM YoY
Sales
Monthly Home Sales

The number of residential home sales reported during the month. Comparing sales with previous periods can help show whether market activity is increasing or decreasing.

205 +44.4% +35.8% 457 +4.3% -13%
Average Sold Price
Average Sold Price

The average selling price of homes in the segment during the month. It is calculated using the combined dollar volume and number of sales for the major property types included in that segment.

$2,034,850 +1.6% -4.5% $763,667 +5.3% -4.3%
New Listings
New Listings

The number of residential listings newly added to the market during the month. Comparing new listings with sales can help show whether available housing supply is growing faster or slower than buyer activity.

357 -29.9% +1.4% 1,391 -13.3% -4.2%
Active Listings
Active Listings

The number of residential listings available for sale at the end of the reporting period. Higher active inventory generally gives buyers more choice, while lower inventory means fewer homes are available.

474 -11.7% -8.7% 2,694 +0.1% -7.5%
Average LDOM
Listing Days on Market (LDOM)

The average number of days a successful listing was on the market before it sold. A lower LDOM generally means homes were selling faster, while a higher LDOM means they were taking longer to sell.

20 days +2 days -7 days 33 days -7 days -6 days
12-Month MOI
Months of Inventory (MOI)

Months of Inventory estimates how many months it would take to sell the available inventory at the recent sales pace. Lower MOI generally means tighter supply; higher MOI generally means more choice for buyers.

3.2 months -0.1 months — 5.5 months 0 months —
12-Month SNLR
Sales-to-New-Listings Ratio (SNLR)

The Sales-to-New-Listings Ratio compares home sales with new listings entering the market. A higher SNLR generally indicates stronger demand relative to new supply, while a lower SNLR indicates more new supply relative to sales.

45.8% +1.6 pts — 34.9% -0.3 pts —

What the October 2026 Freehold and Condo Markets Mean for Buyers and Sellers

For Buyers

Freehold

Freehold conditions in Central Toronto favoured sellers. With 3.2 months of inventory, supply remained relatively tight compared with the recent sales pace. Active freehold inventory fell 11.7% from September 2026, while new listings fell 29.9%. That narrowed both available and fresh choice for buyers.

Condo

Condo conditions in Central Toronto were balanced but buyer-leaning, giving buyers somewhat more choice and negotiating room than in a tighter market. New condo listings fell 13.3% from September 2026, so fewer fresh options were entering the market. Homes averaged 33 days on market, selling 7 days faster than in the previous month, so buyers may need to act more quickly on attractive properties.

For Sellers

Freehold

Freehold sellers in Central Toronto were operating in relatively favourable conditions, with supply tight compared with the recent sales pace. Freehold sales rose 44.4% from September 2026, while active inventory fell 11.7%. Stronger sales activity combined with less competing supply supported sellers.

Condo

Condo conditions in Central Toronto were balanced but buyer-leaning, increasing competition among sellers for available buyer demand. Condo sales rose 4.3% from September 2026, showing stronger transaction activity. Homes averaged 33 days on market and sold faster than in the previous month, indicating stronger momentum for well-positioned listings.

Central Toronto Housing Market by Property Type — October 2026

See how different property types performed in Central Toronto during October 2026, including sales activity, sold prices, available inventory and average market time.

Property Type Sales Average Sold Price New Listings Active Listings 12-Month MOI
Months of Inventory (MOI)

Measures housing supply relative to the recent pace of sales. Lower MOI generally indicates tighter supply and stronger competition, while higher MOI generally means buyers have more choice.

This 12-month MOI is calculated by HomeZira using TRREB Market Watch data.

Avg. Sale-to-List
Average Sale-to-List Ratio

Shows the average selling price as a percentage of the listing price. A ratio of 100% means homes sold at their listing price on average. Above 100% means they sold above list price on average, while below 100% means they sold below list price on average.

Avg. LDOM
Listing Days on Market (LDOM)

The average number of days a successful listing was on the market before it sold. A lower LDOM generally means homes were selling faster, while a higher LDOM means they were taking longer to sell.

Detached 99 $2,509,312 183 267 3.7 months 95.2% 23 days
Semi-Detached 71 $1,594,034 133 134 2.5 months 100.6% 14 days
Freehold Townhouse 35 $1,587,029 41 73 3 months 99.2% 23 days
Condo Townhouse 22 $1,044,427 60 107 4.7 months 97.5% 25 days
Condo Apartment 435 $749,467 1,331 2,587 5.6 months 96.3% 33 days

What Stands Out by Property Type

HomeZira's October 2026 property-type comparison shows that Semi-Detached had the strongest overall demand profile among the property types shown in Central Toronto. That segment combined a 12-month MOI of 2.5 months, the fastest average selling time at 14 days and the highest average sale-to-list ratio at 100.6%, while recording 71 sales. Condo Apartment recorded the most sales at 435, but sales volume alone did not make it the strongest demand segment; its 12-month MOI of 5.6 months, 33-day average LDOM and 96.3% average sale-to-list ratio pointed to less intense competition than Semi-Detached.

At the softer end of the market, Condo Apartment showed conditions that generally gave buyers comparatively more time and negotiating room, with a 12-month MOI of 5.6 months, an average selling time of 33 days and a 96.3% average sale-to-list ratio. For sellers, Semi-Detached was operating in relatively stronger conditions, while Condo Apartment sellers faced more competition for buyer attention and may benefit from careful pricing and presentation. Buyers focused on Condo Apartment may have more opportunity to compare listings and negotiate than buyers focused on Semi-Detached.

🔒 Ultra-Current Central Toronto Sold Market Intelligence — Updated Daily

Sold data updated through

Go beyond asking prices and last month’s market report. Compare the latest 0–30 days with 31–60 days ago, 61–90 days ago, and the comparable period one year earlier. Explore recent sold prices, sales activity, Days on Market, sale-to-list performance, market conditions, and location-by-location sold-market trends after signing in.

🧑‍🤝‍🧑 Toronto Population and Demographics

(Population and demographic figures in this section are based on Statistics Canada, 2021 Census of Population.)
• Showing Toronto-wide figures

Toronto has a population of 6,202,225 (2021). Population has been growing (+4.6%) since 2016. It’s a diverse community with a significant newcomer presence (46.6% immigrants). Visible minorities represent a large share (57%).

Most households own (65.1%), while a healthy rental market remains (34.9%). Housing stock includes 215,325 detached, 694,735 semi-detached, 210,100 row/town, 215,325 low-rise apts, and 694,735 high-rise apts. There are approximately 2,262,470 private dwellings overall.

Average household income sits near $129,000. Commuting patterns are varied — 15.6% use transit, 76% drive, and 35.4% work from home. 52.5% work at a usual workplace.

Last updated: 2024-02-03 17:59:22

Toronto Market & Demographics Snapshot

• Showing Toronto-wide figures
Population & Growth
Population (2021) 6,202,225
Change 2016→2021 4.6%
Community Diversity
Newcomers (immigrants) 46.6%
Visible minorities 57%
Housing Tenure
Owner-occupied 65.1%
Renter-occupied 34.9%
Housing Stock
Detached215,325
Semi-detached694,735
Row/Town210,100
Low-rise apts215,325
High-rise apts694,735
Total private dwellings2,262,470
Income & Commute
Avg household income $129,000
Use transit 15.6%
Drive 76%
Work from home 35.4%
Work at usual workplace 52.5%
Asking Medians (Latest)
Detached $2,949,000
Freehold Townhouse $1,500,000
Source: Statistics Canada (2021 Census) and Toronto Regional Real Estate Board (TRREB) market data.

❓ FAQ and Answers: Central Toronto Housing Market

As of November 2, 2026, HomeZira shows about 580 freehold listings and 2,817 condo listings currently offered for sale in Central Toronto on this website.

As of November 2, 2026, the median asking price for freehold homes is about $1,997,000, while the median asking price for condos is about $629,900 in Central Toronto. These are asking prices for homes currently offered for sale, not sold prices.

As of November 2, 2026, the current median asking prices among the major property types shown for Central Toronto are approximately Detached: $2,949,000, Semi-Detached: $1,570,000, Freehold Townhouse: $1,500,000, Condo Townhouse: $999,450, Condo Apartment: $627,950. Asking prices reflect current listings and can change as homes enter or leave the market.

In October 2026, the Freehold average sold price was $2,034,850, while the Condo average sold price was $763,667 in Central Toronto. These are HomeZira-calculated segment averages based on the major property types included in each Freehold and Condo segment.

In October 2026, average sold-price movement in Central Toronto differed by segment. Freehold: up 1.6% from September 2026 and down 4.5% from October 2025. Condo: up 5.3% from September 2026 and down 4.3% from October 2025. Freehold and Condo can move differently, so reviewing the two segments separately gives a clearer picture than relying on one combined price trend.

In October 2026, Freehold recorded 205 sales (up 44.4% from September 2026 and up 35.8% from October 2025), while Condo recorded 457 sales (up 4.3% from September 2026 and down 13% from October 2025) in Central Toronto.

In October 2026, Freehold averaged 20 days LDOM, 2 days longer than September 2026, while Condo averaged 33 days LDOM, 7 days faster than September 2026 in Central Toronto. LDOM is the average Listing Days on Market for homes that sold during the reporting month.

Market conditions in Central Toronto differ by segment. Based on HomeZira's analysis of October 2026 TRREB Market Watch data, Freehold: Seller's Market (3.2 months of inventory, 45.8% 12-month SNLR); Condo: Balanced Market — Buyer-Leaning (5.5 months of inventory, 34.9% 12-month SNLR). HomeZira evaluates Freehold and Condo separately because supply and buyer demand can differ materially between the two segments.

Based on HomeZira's analysis of October 2026 TRREB Market Watch property-type statistics, HomeZira's October 2026 property-type comparison shows that Semi-Detached had the strongest overall demand profile among the property types shown in Central Toronto. That segment combined a 12-month MOI of 2.5 months, the fastest average selling time at 14 days and the highest average sale-to-list ratio at 100.6%, while recording 71 sales. Condo Apartment recorded the most sales at 435, but sales volume alone did not make it the strongest demand segment; its 12-month MOI of 5.6 months, 33-day average LDOM and 96.3% average sale-to-list ratio pointed to less intense competition than Semi-Detached.

Based on HomeZira's analysis of October 2026 TRREB Market Watch property-type statistics, At the softer end of the market, Condo Apartment showed conditions that generally gave buyers comparatively more time and negotiating room, with a 12-month MOI of 5.6 months, an average selling time of 33 days and a 96.3% average sale-to-list ratio. For sellers, Semi-Detached was operating in relatively stronger conditions, while Condo Apartment sellers faced more competition for buyer attention and may benefit from careful pricing and presentation. Buyers focused on Condo Apartment may have more opportunity to compare listings and negotiate than buyers focused on Semi-Detached.

Using October 2026 TRREB Market Watch data, Freehold: Central Toronto Freehold had the highest average sold price among the 7 Toronto sectors compared. Sales activity ranked 2nd-highest in the comparison group. Average selling time ranked 2nd-fastest among the markets compared. Months of inventory ranked 4th-lowest among the markets compared. Condo: Central Toronto Condo had the 2nd-highest average sold price among the 7 Toronto sectors compared. It recorded the highest number of home sales in the comparison group. Average selling time ranked 2nd-fastest among the markets compared. Months of inventory ranked 3rd-lowest among the markets compared.

Market Watch FAQ answers use the latest completed TRREB Market Watch reporting period: October 2026. Source: TRREB Market Watch. Analysis and calculations by HomeZira.

Disclaimer: Market statistics, analysis and Q&A are provided for general informational purposes only. Current listing inventory and asking-price figures reflect public-facing listings available to this website as of November 2, 2026. TRREB Market Watch statistics are for October 2026. Source: TRREB Market Watch. Analysis and calculations by HomeZira. Market-level statistics are aggregate figures and do not represent the value or expected selling price of any individual property. Information may change or differ from other sources due to reporting periods, update timing, data availability and methodology. This content is not an appraisal, legal, tax, financial or investment advice. Verify property-specific information before making a real estate decision.

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