Source: TRREB MarketWatch, August 2026

Toronto Central Downtown

Toronto C01

Downtown, Waterfront, Kensington, Trinity-Bellwoods

August 2026

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Headline indicators

All home types · August 2026

Average price

$778,870

MoM +$5,586 +0.7% YoY −4.2%

Median price

$610,000

MoM −$15,000 −2.4% YoY −7.7%

MLS® HPI benchmark

$647,600

MoM −$9,100 −1.4% YoY −6.3%

Sales

231

MoM −46 −16.6% YoY −13.2%

Dollar volume

$179.9M

MoM −$34,280,664 −16.0% YoY −16.8%

New listings

602

MoM −67 −10.0% YoY −9.5%

Active listings

1,215

MoM −64 −5.0% YoY −20.1%

Avg. LDOM

39

MoM +3 days +8.3% YoY +2.6%

Avg. PDOM

51

MoM +12 days +30.8% YoY +8.5%

Avg. SP/LP

96%

MoM −1.0 pp −1.0% YoY −1.0%

SNLR

38.4%

MoM −3.0 pp −7.3% YoY −4.1%

Months of inventory

5.3

MoM +1 +13.9% YoY −8.0%
Share of region sales
13.07%
Share of TRREB sales
4.57%
Average vs median gap
27.7%
TRREB SNLR (trend)
37.0%
TRREB months inv. (trend)
5.0

The last two are TRREB's own trend-smoothed figures, kept separate from the SNLR and months of inventory computed here from this month's raw counts. They are not the same measure.

In short

  • Toronto C01 average selling price held steady at $778,870 versus July 2026.
  • Toronto C01 sales dropped 16.6% to 231 versus July 2026.
  • Toronto C01 reads differently on the two balance measures — a buyer's market at 38.4% sales-to-new-listings, but balanced conditions at 5.3 months of inventory. They measure different things, so the split is worth noting.

By home type

Home typeSalesMoM$ volumeAverageMoMMedianNewActiveSP/LPLDOMPDOMSNLRMOI
All home types 231 −46 −16.6% $179,919,041 $778,870 +$5,586 +0.7% $610,000 602 1,215 96% 39 51 38.4% 5.3
Detached low sample 3 −3 −50.0% $7,119,000 $2,373,000 +$853,667 +56.2% $2,550,000 15 28 97% 15 — 20.0% 9.3
Semi-detached 12 −6 −33.3% $18,236,000 $1,519,667 +$178,389 +13.3% $1,347,500 21 33 99% 28 — 57.1% 2.8
Att/row/townhouse low sample 4 −7 −63.6% $6,643,000 $1,660,750 +$465,177 +38.9% $1,227,500 8 20 94% 15 — 50.0% 5.0
Condo townhouse 8 −5 −38.5% $6,032,300 $754,038 −$252,345 −25.1% $820,000 16 31 101% 27 — 50.0% 3.9
Condo apartment 204 −25 −10.9% $141,888,741 $695,533 +$19,959 +3.0% $585,000 542 1,102 96% 41 — 37.6% 5.4
Link low sample 0 n/a $913,000 $913,000 n/a $913,000 0 0 104% 13 — — —
Co-op apartment low sample 0 no change $4,571,500 $1,523,833 +$760,547 +99.6% $1,110,000 0 1 99% 23 — — —
Co-ownership apartment low sample 0 no change $605,000 $605,000 +$270,000 +80.6% $605,000 0 0 93% 34 — — —

MLS® Home Price Index

CategoryIndexBenchmarkYoYMoM
Composite 254.4 $647,600 −6.3% −$9,100 −1.4%
Single-family detached 355.8 $1,640,800 −6.2% +$9,600 +0.6%
Single-family attached 332 $1,265,000 −8.0% −$8,000 −0.6%
Townhouse 301.9 $683,900 −5.4% −$22,500 −3.2%
Apartment 245 $553,900 −6.7% −$9,300 −1.6%

Trends

13 months to August 2026

Average and median price

Sales and new listings

Active listings

Days on market

Sale price to list price

Sales-to-new-listings

MLS® HPI composite benchmark

Days-on-market shows a break at January 2020. TRREB published a single average DOM before then and split it into LDOM and PDOM afterwards; they are different measurements, so the chart shows the change rather than joining them into one line.

How this area ranks

Among the 55 required areas

MeasureRankPercentileValue
Days on market (lowest first) 44 of 55 20.4th 39
Average price 44 of 55 20.4th $778,870
HPI composite, year-over-year 37 of 54 32.1th -6.26%
Price change, month-over-month 25 of 54 54.7th 0.72%
Sales change, month-over-month 29 of 54 47.2th -16.61%
Sales-to-new-listings 38 of 55 31.5th 38.37%

Change-based rankings exclude areas below 10 sales, where a couple of transactions can look like a market move.