Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$701,795
MoM −$88,986 −11.3% down $88,986, 11.3% versus July 2026 YoY −15.3% down 15.3% versus August 2025
Source: TRREB MarketWatch, August 2026
Toronto West
Toronto W05
Downsview, Black Creek, York University Heights
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.
$775,000
MoM −$45,000 −5.5% down $45,000, 5.5% versus July 2026 YoY −10.4% down 10.4% versus August 2025
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$749,800
MoM +$1,200 +0.2% up $1,200, 0.2% versus July 2026 YoY −4.3% down 4.3% versus August 2025
Sales — Firm transactions reported through the MLS® System during the month.
59
MoM −23 −28.0% down 23, 28.0% versus July 2026 YoY −16.9% down 16.9% versus August 2025
Dollar volume — Total value of all sales in the month.
$41.4M
MoM −$23,438,125 −36.1% down $23,438,125, 36.1% versus July 2026 YoY −29.6% down 29.6% versus August 2025
New listings — Properties newly listed during the month.
168
MoM −42 −20.0% down 42, 20.0% versus July 2026 YoY +1.2% up 1.2% versus August 2025
Active listings — Listings available at month end.
392
MoM −18 −4.4% down 18, 4.4% versus July 2026 YoY +3.2% up 3.2% versus August 2025
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
38
MoM +1 day +2.7% up 1 day, 2.7% versus July 2026 YoY +5.6% up 5.6% versus August 2025
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
53
MoM +12 days +29.3% up 12 days, 29.3% versus July 2026 YoY +17.8% up 17.8% versus August 2025
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
98%
MoM no change no change versus July 2026 YoY −1.0% down 1.0% versus August 2025
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
35.1%
MoM −3.9 pp −10.1% down 3.9 pp, 10.1% versus July 2026 YoY −17.9% down 17.9% 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.
6.6
MoM +2 +32.9% up 2, 32.9% versus July 2026 YoY +24.1% up 24.1% versus August 2025
- Share of region sales
- 3.34%
- Share of TRREB sales
- 1.17%
- Average vs median gap
- -9.4%
- TRREB SNLR (trend)
- 37.0%
- TRREB months inv. (trend)
- 5.5
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 W05 average selling price dropped 11.3% to $701,795 versus July 2026.
- Toronto W05 sales dropped 28.0% to 59 versus July 2026.
- Toronto W05 sits in a buyer's market: 35.1% of new listings sold and 6.6 months of inventory on hand.
By home type
| Home type | Sales | MoM | $ volume | Average | MoM | Median | New | Active | SP/LP | LDOM | PDOM | SNLR | MOI |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| All home types | 59 | −23 −28.0% down 23, 28.0% versus July 2026 | $41,405,900 | $701,795 | −$88,986 −11.3% down $88,986, 11.3% versus July 2026 | $775,000 | 168 | 392 | 98% | 38 | 53 | 35.1% | 6.6 |
| Detached | 10 | −10 −50.0% down 10, 50.0% versus July 2026 | $9,684,000 | $968,400 | −$44,300 −4.4% down $44,300, 4.4% versus July 2026 | $934,000 | 32 | 81 | 97% | 26 | — | 31.3% | 8.1 |
| Semi-detached | 21 | −9 −30.0% down 9, 30.0% versus July 2026 | $16,938,000 | $806,571 | −$23,930 −2.9% down $23,930, 2.9% versus July 2026 | $810,000 | 34 | 72 | 98% | 39 | — | 61.8% | 3.4 |
| Att/row/townhouse | 5 | −4 −44.4% down 4, 44.4% versus July 2026 | $4,237,000 | $847,400 | −$79,044 −8.5% down $79,044, 8.5% versus July 2026 | $845,000 | 15 | 23 | 97% | 19 | — | 33.3% | 4.6 |
| Condo townhouse | 9 | −1 −10.0% down 1, 10.0% versus July 2026 | $4,185,400 | $465,044 | −$101,556 −17.9% down $101,556, 17.9% versus July 2026 | $515,000 | 29 | 79 | 97% | 41 | — | 31.0% | 8.8 |
| Condo apartment | 13 | +1 +8.3% up 1, 8.3% versus July 2026 | $6,096,500 | $468,962 | +$19,379 +4.3% up $19,379, 4.3% versus July 2026 | $492,000 | 58 | 136 | 97% | 53 | — | 22.4% | 10.5 |
| Co-op apartment low sample | 1 | n/a not available, prior month not on file versus July 2026 | $265,000 | $265,000 | n/a not available, prior month not on file versus July 2026 | $265,000 | 0 | 0 | 92% | 33 | — | — | 0.0 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY | MoM |
|---|---|---|---|---|
| Composite | 291.8 | $749,800 | −4.3% down 4.3% | +$1,200 +0.2% up $1,200, 0.2% versus July 2026 |
| Single-family detached | 294.5 | $1,036,500 | −5.7% down 5.7% | +$1,800 +0.2% up $1,800, 0.2% versus July 2026 |
| Single-family attached | 281 | $848,800 | −4.8% down 4.8% | −$3,800 −0.5% down $3,800, 0.5% versus July 2026 |
| Townhouse | 312.5 | $579,700 | −9.7% down 9.7% | +$10,200 +1.8% up $10,200, 1.8% versus July 2026 |
| Apartment | 410.8 | $473,200 | −8.4% down 8.4% | −$6,800 −1.4% down $6,800, 1.4% versus July 2026 |
Trends
13 months to August 2026
Average and median price
| Month | Average price | Median price |
|---|---|---|
| Aug '25 | 828415 | 865000 |
| Sep '25 | 790023 | 842500 |
| Oct '25 | 843175 | 873500 |
| Nov '25 | 773746 | 810000 |
| Dec '25 | 804787 | 850000 |
| Jan '26 | 723163 | 781000 |
| Feb '26 | 715150 | 768475 |
| Mar '26 | 721865 | 800500 |
| Apr '26 | 789210 | 833999 |
| May '26 | 820131 | 845000 |
| Jun '26 | 832113 | 849900 |
| Jul '26 | 790781 | 820000 |
| Aug '26 | 701795 | 775000 |
Sales and new listings
| Month | Sales | New listings |
|---|---|---|
| Aug '25 | 71 | 166 |
| Sep '25 | 78 | 223 |
| Oct '25 | 90 | 200 |
| Nov '25 | 69 | 137 |
| Dec '25 | 54 | 71 |
| Jan '26 | 43 | 142 |
| Feb '26 | 50 | 120 |
| Mar '26 | 38 | 180 |
| Apr '26 | 77 | 217 |
| May '26 | 59 | 217 |
| Jun '26 | 78 | 199 |
| Jul '26 | 82 | 210 |
| Aug '26 | 59 | 168 |
Active listings
| Month | Active listings |
|---|---|
| Aug '25 | 380 |
| Sep '25 | 394 |
| Oct '25 | 380 |
| Nov '25 | 358 |
| Dec '25 | 243 |
| Jan '26 | 255 |
| Feb '26 | 272 |
| Mar '26 | 333 |
| Apr '26 | 372 |
| May '26 | 415 |
| Jun '26 | 427 |
| Jul '26 | 410 |
| Aug '26 | 392 |
Days on market
| Month | LDOM | PDOM |
|---|---|---|
| Aug '25 | 36 | 45 |
| Sep '25 | 40 | 50 |
| Oct '25 | 38 | 54 |
| Nov '25 | 37 | 53 |
| Dec '25 | 55 | 70 |
| Jan '26 | 50 | 70 |
| Feb '26 | 41 | 53 |
| Mar '26 | 28 | 34 |
| Apr '26 | 37 | 54 |
| May '26 | 27 | 42 |
| Jun '26 | 39 | 54 |
| Jul '26 | 37 | 41 |
| Aug '26 | 38 | 53 |
Sale price to list price
| Month | Avg. SP/LP |
|---|---|
| Aug '25 | 99 |
| Sep '25 | 99 |
| Oct '25 | 99 |
| Nov '25 | 97 |
| Dec '25 | 97 |
| Jan '26 | 97 |
| Feb '26 | 98 |
| Mar '26 | 98 |
| Apr '26 | 96 |
| May '26 | 98 |
| Jun '26 | 97 |
| Jul '26 | 98 |
| Aug '26 | 98 |
Sales-to-new-listings
| Month | SNLR |
|---|---|
| Aug '25 | 42.77108433734939 |
| Sep '25 | 34.97757847533632 |
| Oct '25 | 45 |
| Nov '25 | 50.36496350364964 |
| Dec '25 | 76.05633802816901 |
| Jan '26 | 30.28169014084507 |
| Feb '26 | 41.66666666666667 |
| Mar '26 | 21.11111111111111 |
| Apr '26 | 35.483870967741936 |
| May '26 | 27.188940092165897 |
| Jun '26 | 39.19597989949749 |
| Jul '26 | 39.04761904761905 |
| Aug '26 | 35.11904761904761 |
MLS® HPI composite benchmark
| Month | Composite benchmark |
|---|---|
| Aug '25 | 782000 |
| Sep '25 | 778300 |
| Oct '25 | 779900 |
| Nov '25 | 771700 |
| Dec '25 | 765700 |
| Jan '26 | 752000 |
| Feb '26 | 735000 |
| Mar '26 | 734100 |
| Apr '26 | 736600 |
| May '26 | 756400 |
| Jun '26 | 751000 |
| Jul '26 | 748600 |
| Aug '26 | 749800 |
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) | 40 of 55 | 27.8th | 38 |
| Average price | 52 of 55 | 5.6th | $701,795 |
| HPI composite, year-over-year | 16 of 54 | 71.7th | -4.27% |
| Price change, month-over-month | 49 of 54 | 9.4th | -11.25% |
| Sales change, month-over-month | 39 of 54 | 28.3th | -28.05% |
| Sales-to-new-listings | 44 of 55 | 20.4th | 35.12% |
Change-based rankings exclude areas below 10 sales, where a couple of transactions can look like a market move.