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August 2026 · Toronto
Toronto Sold Home Prices for August 2026
1,679 residential properties closed in Toronto in August 2026. Average sold price of $998,949. 78.9% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $998,949
Median Price $791,000
Sale / List 97.6%
Over Asking 18.2%
Avg DOM 36 days
Previous Months
Total Sold
1,679
all residential
Avg Sold Price
$998,949
all types
Median Price
$791,000
mid-point
Sale / List
97.6%
avg ratio
Over Asking
18.2%
of all sales
Avg DOM
36
days on market
Prices by Property Type
Toronto · August 2026
💰 Price Summary
Average Sold $998,949
Median Sold $791,000
Avg List Price $1,023,520
Lowest Sale $207,000
Highest Sale $23,500,000
Sale / List Ratio 97.6%
Luxury Sold
11
Avg Luxury
$7,665,227
Luxury Share
0.7%
📊 Competition
Sold over asking 18.2%
Sold at asking 3.0%
Sold under asking 78.9%
Avg Days on Market 36 days
Fast · 050Slow · 100+
🧊 Buyers market — 78.9% sold below asking. Avg 36 days on market.
💰 Price Summary
Average Sold $655,177
Median Sold $565,000
Avg List Price $677,382
Lowest Sale $207,000
Highest Sale $5,650,000
Sale / List Ratio 96.7%
Luxury Sold
3
Avg Luxury
$4,495,000
Luxury Share
0.3%
📊 Competition
Sold over asking 12.1%
Sold at asking 3.9%
Sold under asking 84.1%
Avg Days on Market 40 days
Fast · 050Slow · 100+
🧊 Buyers market — 84.1% sold below asking. Avg 40 days on market.
💰 Price Summary
Average Sold $1,446,487
Median Sold $1,130,500
Avg List Price $1,474,860
Lowest Sale $515,000
Highest Sale $23,500,000
Sale / List Ratio 98.1%
Luxury Sold
8
Avg Luxury
$8,854,062
Luxury Share
1.2%
📊 Competition
Sold over asking 25.9%
Sold at asking 2.0%
Sold under asking 72.0%
Avg Days on Market 30 days
Fast · 050Slow · 100+
🧊 Buyers market — 72% sold below asking. Avg 30 days on market.
💰 Price Summary
Average Sold $829,641
Median Sold $750,500
Avg List Price $845,230
Lowest Sale $250,000
Highest Sale $3,088,000
Sale / List Ratio 98.2%
📊 Competition
Sold over asking 17.8%
Sold at asking 3.9%
Sold under asking 78.3%
Avg Days on Market 37 days
Fast · 050Slow · 100+
🧊 Buyers market — 78.3% sold below asking. Avg 37 days on market.
💰 Price Summary
Average Sold $1,404,131
Median Sold $1,339,000
Avg List Price $1,400,219
Lowest Sale $705,000
Highest Sale $2,455,000
Sale / List Ratio 100.3%
📊 Competition
Sold over asking 25.0%
Sold at asking 0.0%
Sold under asking 75.0%
Avg Days on Market 39 days
Fast · 050Slow · 100+
🧊 Buyers market — 75% sold below asking. Avg 39 days on market.
Nearby Cities · August 2026
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| Mississauga | $895,751 | $841,000 | 97.3% | 36d | 🧊 Buyers |
| Markham | $1,218,224 | $1,099,750 | 98.1% | 34d | 🧊 Buyers |
| Vaughan | $1,247,081 | $1,150,000 | 96.6% | 34d | 🧊 Buyers |
| Brampton | $879,218 | $820,000 | 96.4% | 35d | 🧊 Buyers |
| Richmond Hill | $1,179,863 | $1,050,000 | 97.4% | 36d | 🧊 Buyers |
| Pickering | $921,769 | $858,000 | 97.7% | 34d | 🧊 Buyers |
| Ajax | $860,611 | $832,000 | 99.2% | 28d | 🧊 Buyers |
| Oakville | $1,325,310 | $1,200,000 | 95.4% | 40d | 🧊 Buyers |
Frequently Asked Questions
Toronto · August 2026
The average sold price across all residential types in Toronto was $998,949 in August 2026,
based on 1,679 closed transactions. The median was
$791,000.
Condos averaged $655,177, freehold averaged $1,446,487, and townhouses averaged $829,641.
The average Toronto home took 36 days to sell in August 2026.
Freehold properties averaged 30 days while condos averaged 40 days.
In August 2026, condos averaged $655,177 while freehold homes averaged $1,446,487 —
a gap of $791,310.
Toronto averaged $998,949 in August 2026. Richmond Hill averaged $1,179,863. Pickering averaged $921,769. See the full August 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.
