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May 2026 · Toronto
Toronto Sold Home Prices for May 2026
2,412 residential properties closed in Toronto in May 2026. Average sold price of $1,112,619. 70.1% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $1,112,619
Median Price $889,000
Sale / List 99.3%
Over Asking 26.7%
Avg DOM 26 days
Previous Months
Total Sold
2,412
all residential
Avg Sold Price
$1,112,619
all types
Median Price
$889,000
mid-point
Sale / List
99.3%
avg ratio
Over Asking
26.7%
of all sales
Avg DOM
26
days on market
Prices by Property Type
Toronto · May 2026
💰 Price Summary
Average Sold $1,112,619
Median Sold $889,000
Avg List Price $1,120,628
Lowest Sale $240,000
Highest Sale $7,590,000
Sale / List Ratio 99.3%
Luxury Sold
21
Avg Luxury
$4,960,518
Luxury Share
0.9%
📊 Competition
Sold over asking 26.7%
Sold at asking 3.2%
Sold under asking 70.1%
Avg Days on Market 26 days
Fast · 050Slow · 100+
🧊 Buyers market — 70.1% sold below asking. Avg 26 days on market.
💰 Price Summary
Average Sold $689,293
Median Sold $578,000
Avg List Price $707,241
Lowest Sale $240,000
Highest Sale $6,100,000
Sale / List Ratio 97.5%
Luxury Sold
8
Avg Luxury
$3,873,750
Luxury Share
0.7%
📊 Competition
Sold over asking 15.6%
Sold at asking 3.9%
Sold under asking 80.5%
Avg Days on Market 32 days
Fast · 050Slow · 100+
🧊 Buyers market — 80.5% sold below asking. Avg 32 days on market.
💰 Price Summary
Average Sold $1,535,164
Median Sold $1,270,000
Avg List Price $1,536,664
Lowest Sale $335,000
Highest Sale $7,590,000
Sale / List Ratio 99.9%
Luxury Sold
13
Avg Luxury
$5,629,299
Luxury Share
1.1%
📊 Competition
Sold over asking 36.6%
Sold at asking 2.7%
Sold under asking 60.7%
Avg Days on Market 20 days
Fast · 050Slow · 100+
🧊 Buyers market — 60.7% sold below asking. Avg 20 days on market.
💰 Price Summary
Average Sold $968,370
Median Sold $860,000
Avg List Price $956,088
Lowest Sale $355,000
Highest Sale $3,300,000
Sale / List Ratio 101.3%
Luxury Sold
1
Avg Luxury
$3,300,000
Luxury Share
0.4%
📊 Competition
Sold over asking 34.1%
Sold at asking 3.1%
Sold under asking 62.8%
Avg Days on Market 24 days
Fast · 050Slow · 100+
🧊 Buyers market — 62.8% sold below asking. Avg 24 days on market.
💰 Price Summary
Average Sold $1,485,207
Median Sold $1,350,000
Avg List Price $1,476,089
Lowest Sale $875,000
Highest Sale $2,835,000
Sale / List Ratio 100.6%
📊 Competition
Sold over asking 26.3%
Sold at asking 0.0%
Sold under asking 73.7%
Avg Days on Market 32 days
Fast · 050Slow · 100+
🧊 Buyers market — 73.7% sold below asking. Avg 32 days on market.
Nearby Cities · May 2026
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| Mississauga | $987,586 | $905,000 | 96.9% | 29d | 🧊 Buyers |
| Markham | $1,184,685 | $1,135,000 | 99.3% | 27d | 🧊 Buyers |
| Vaughan | $1,193,876 | $1,086,500 | 98.0% | 27d | 🧊 Buyers |
| Brampton | $885,547 | $830,000 | 97.9% | 27d | 🧊 Buyers |
| Richmond Hill | $1,200,187 | $1,149,000 | 98.5% | 27d | 🧊 Buyers |
| Pickering | $932,275 | $855,000 | 99.4% | 21d | 🧊 Buyers |
| Ajax | $839,979 | $807,500 | 100.3% | 21d | 🧊 Buyers |
| Oakville | $1,579,690 | $1,402,563 | 95.9% | 32d | 🧊 Buyers |
Frequently Asked Questions
Toronto · May 2026
The average sold price across all residential types in Toronto was $1,112,619 in May 2026,
based on 2,412 closed transactions. The median was
$889,000.
Condos averaged $689,293, freehold averaged $1,535,164, and townhouses averaged $968,370.
The average Toronto home took 26 days to sell in May 2026.
Freehold properties averaged 20 days while condos averaged 32 days.
In May 2026, condos averaged $689,293 while freehold homes averaged $1,535,164 —
a gap of $845,871.
Toronto averaged $1,112,619 in May 2026. Markham averaged $1,184,685. Mississauga averaged $987,586. See the full May 2026 Ontario summary →
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Data note: Based on MLS® resale transaction data held in our system for Toronto, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making decisions.
