10/08/2026
🍂 September 2026 Market Update | Toronto & GTA
The fall market is waking up. After a quiet summer, September brought a wave of new inventory and a month-over-month bounce in sales and prices, while year-over-year numbers stayed softer.
📍 City of Toronto
* Average price: $1,034,320 (+5.6% vs. August, -5.1% vs. last year)
* Sales: 1,937 (+9.1% M/M, -6.1% Y/Y)
* New listings: 6,521, up 55% from August
* Homes sold at 99% of asking in an average of 33 days.
🏡 Semi-detached was the standout, the only home type up year over year (+2.2%, avg. $1,207,884)
🏘️ Townhouses jumped 7.9% month over month
🏢 Condos dipped slightly to $640,248 (-1.7% M/M)
📍 Greater Toronto Area
* Average price: $1,006,409 (+1.3% M/M, -5.1% Y/Y)
* Sales: 5,040, flat from August
* New listings: 16,500, up 37% M/M but 14.4% below last year
* 98% sale-to-list, 34 average days on market
💡 What this means for you
Buyers: More choice than you’ve had in months, and prices are still below last year’s levels. Well-priced homes are selling close to asking, so be ready to move.
Sellers: Buyers are active again, but competition from new listings is rising. Pricing and presentation matter more than ever this fall.
Thinking about your next move? Send me a DM or comment “MARKET” and I’ll share what’s happening in your neighbourhood. 📩
