Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$970,900
MoM +$126,812 +15.0% up $126,812, 15.0% versus July 2026 YoY +5.6% up 5.6% versus August 2025
Source: TRREB MarketWatch, August 2026
Toronto West
Toronto W03
Rockcliffe-Smythe, Keelesdale, Weston-Pellam Park
August 2026
Headline indicators
All home types · August 2026
Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.
$874,500
MoM +$68,500 +8.5% up $68,500, 8.5% versus July 2026 YoY +9.3% up 9.3% versus August 2025
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$861,400
MoM −$20,800 −2.4% down $20,800, 2.4% versus July 2026 YoY −4.5% down 4.5% versus August 2025
Sales — Firm transactions reported through the MLS® System during the month.
36
MoM −7 −16.3% down 7, 16.3% versus July 2026 YoY +9.1% up 9.1% versus August 2025
Dollar volume — Total value of all sales in the month.
$35.0M
MoM −$1,343,401 −3.7% down $1,343,401, 3.7% versus July 2026 YoY +15.2% up 15.2% versus August 2025
New listings — Properties newly listed during the month.
73
MoM −9 −11.0% down 9, 11.0% versus July 2026 YoY −3.9% down 3.9% versus August 2025
Active listings — Listings available at month end.
139
MoM −3 −2.1% down 3, 2.1% versus July 2026 YoY −5.4% down 5.4% versus August 2025
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
26
MoM no change no change versus July 2026 YoY −23.5% down 23.5% versus August 2025
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
31
MoM −1 day −3.1% down 1 day, 3.1% versus July 2026 YoY −20.5% down 20.5% versus August 2025
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
101%
MoM +2.0 pp +2.0% up 2.0 pp, 2.0% versus July 2026 YoY +4.1% up 4.1% versus August 2025
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
49.3%
MoM −3.1 pp −6.0% down 3.1 pp, 6.0% versus July 2026 YoY +13.6% up 13.6% versus August 2025
Months of inventory — Active listings divided by monthly sales — how long the current stock would take to sell. Computed here, not TRREB’s trend figure.
3.9
MoM +1 +16.9% up 1, 16.9% versus July 2026 YoY −13.3% down 13.3% versus August 2025
- Share of region sales
- 2.04%
- Share of TRREB sales
- 0.71%
- Average vs median gap
- 11.0%
- TRREB SNLR (trend)
- 43.8%
- TRREB months inv. (trend)
- 3.4
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 W03 average selling price jumped 15.0% to $970,900 versus July 2026.
- Toronto W03 sales dropped 16.3% to 36 versus July 2026.
- Toronto W03 reads differently on the two balance measures — balanced conditions at 49.3% sales-to-new-listings, but a seller's market at 3.9 months of inventory. They measure different things, so the split is worth noting.
By home type
| Home type | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| All home types | 36 | −7 −16.3% down 7, 16.3% versus July 2026 | $34,952,399 | $970,900 | +$126,812 +15.0% up $126,812, 15.0% versus July 2026 | $874,500 | 73 | 139 | 101% | 26 | 31 | 49.3% | 3.9 |
| Detached | 24 | +4 +20.0% up 4, 20.0% versus July 2026 | $22,890,399 | $953,767 | +$31,304 +3.4% up $31,304, 3.4% versus July 2026 | $874,500 | 39 | 64 | 99% | 28 | — | 61.5% | 2.7 |
| Semi-detached | 10 | −4 −28.6% down 4, 28.6% versus July 2026 | $10,862,000 | $1,086,200 | +$192,982 +21.6% up $192,982, 21.6% versus July 2026 | $1,117,500 | 20 | 37 | 104% | 27 | — | 50.0% | 3.7 |
| Condo apartment low sample | 2 | −3 −60.0% down 3, 60.0% versus July 2026 | $1,200,000 | $600,000 | +$66,000 +12.4% up $66,000, 12.4% versus July 2026 | $600,000 | 10 | 24 | 102% | 2 | — | 20.0% | 12.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY | MoM |
|---|---|---|---|---|
| Composite | 341.7 | $861,400 | −4.5% down 4.5% | −$20,800 −2.4% down $20,800, 2.4% versus July 2026 |
| Single-family detached | 343.7 | $924,100 | −6.3% down 6.3% | −$21,900 −2.3% down $21,900, 2.3% versus July 2026 |
| Single-family attached | 364.9 | $915,500 | −3.0% down 3.0% | −$23,000 −2.5% down $23,000, 2.5% versus July 2026 |
| Townhouse | — | — | −100.0% down 100.0% | n/a not available, prior month not on file versus July 2026 |
| Apartment | 314.5 | $506,700 | −4.1% down 4.1% | −$8,500 −1.6% down $8,500, 1.6% versus July 2026 |
Trends
13 months to August 2026
Average and median price
| Month | Average price | Median price |
|---|---|---|
| Aug '25 | 919439 | 800000 |
| Sep '25 | 977392 | 989900 |
| Oct '25 | 950460 | 910000 |
| Nov '25 | 935911 | 867500 |
| Dec '25 | 872049 | 825000 |
| Jan '26 | 890725 | 860000 |
| Feb '26 | 953991 | 840000 |
| Mar '26 | 991288 | 910000 |
| Apr '26 | 994181 | 887500 |
| May '26 | 939570 | 910000 |
| Jun '26 | 933226 | 876500 |
| Jul '26 | 844088 | 806000 |
| Aug '26 | 970900 | 874500 |
Sales and new listings
| Month | Sales | New listings |
|---|---|---|
| Aug '25 | 33 | 76 |
| Sep '25 | 44 | 124 |
| Oct '25 | 41 | 113 |
| Nov '25 | 37 | 74 |
| Dec '25 | 37 | 37 |
| Jan '26 | 20 | 61 |
| Feb '26 | 23 | 61 |
| Mar '26 | 43 | 83 |
| Apr '26 | 44 | 104 |
| May '26 | 53 | 132 |
| Jun '26 | 54 | 124 |
| Jul '26 | 43 | 82 |
| Aug '26 | 36 | 73 |
Active listings
| Month | Active listings |
|---|---|
| Aug '25 | 147 |
| Sep '25 | 153 |
| Oct '25 | 169 |
| Nov '25 | 147 |
| Dec '25 | 97 |
| Jan '26 | 99 |
| Feb '26 | 103 |
| Mar '26 | 107 |
| Apr '26 | 136 |
| May '26 | 156 |
| Jun '26 | 163 |
| Jul '26 | 142 |
| Aug '26 | 139 |
Days on market
| Month | LDOM | PDOM |
|---|---|---|
| Aug '25 | 34 | 39 |
| Sep '25 | 19 | 28 |
| Oct '25 | 29 | 42 |
| Nov '25 | 26 | 41 |
| Dec '25 | 35 | 47 |
| Jan '26 | 38 | 49 |
| Feb '26 | 31 | 55 |
| Mar '26 | 36 | 48 |
| Apr '26 | 28 | 36 |
| May '26 | 23 | 33 |
| Jun '26 | 23 | 33 |
| Jul '26 | 26 | 32 |
| Aug '26 | 26 | 31 |
Sale price to list price
| Month | Avg. SP/LP |
|---|---|
| Aug '25 | 97 |
| Sep '25 | 96 |
| Oct '25 | 100 |
| Nov '25 | 100 |
| Dec '25 | 98 |
| Jan '26 | 96 |
| Feb '26 | 101 |
| Mar '26 | 100 |
| Apr '26 | 103 |
| May '26 | 103 |
| Jun '26 | 102 |
| Jul '26 | 99 |
| Aug '26 | 101 |
Sales-to-new-listings
| Month | SNLR |
|---|---|
| Aug '25 | 43.42105263157895 |
| Sep '25 | 35.483870967741936 |
| Oct '25 | 36.283185840707965 |
| Nov '25 | 50 |
| Dec '25 | 100 |
| Jan '26 | 32.78688524590164 |
| Feb '26 | 37.704918032786885 |
| Mar '26 | 51.80722891566265 |
| Apr '26 | 42.30769230769231 |
| May '26 | 40.15151515151515 |
| Jun '26 | 43.54838709677419 |
| Jul '26 | 52.4390243902439 |
| Aug '26 | 49.31506849315068 |
MLS® HPI composite benchmark
| Month | Composite benchmark |
|---|---|
| Aug '25 | 900100 |
| Sep '25 | 896600 |
| Oct '25 | 889200 |
| Nov '25 | 871500 |
| Dec '25 | 856300 |
| Jan '26 | 847600 |
| Feb '26 | 848000 |
| Mar '26 | 863100 |
| Apr '26 | 860700 |
| May '26 | 872000 |
| Jun '26 | 883200 |
| Jul '26 | 882200 |
| Aug '26 | 861400 |
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
| Measure | Rank | Percentile | Value |
|---|---|---|---|
| Days on market (lowest first) | 6 of 55 | 90.7th | 26 |
| Average price | 24 of 55 | 57.4th | $970,900 |
| HPI composite, year-over-year | 17 of 54 | 69.8th | -4.45% |
| Price change, month-over-month | 4 of 54 | 94.3th | 15.02% |
| Sales change, month-over-month | 28 of 54 | 49.1th | -16.28% |
| Sales-to-new-listings | 12 of 55 | 79.6th | 49.32% |
Change-based rankings exclude areas below 10 sales, where a couple of transactions can look like a market move.