Inside the City of Toronto, August 2026: What Each District Actually Costs

The City of Toronto recorded 1,767 home sales in August 2026 at an average price of $979,684. That single number covers everything from a studio apartment near the waterfront to a detached house in Rosedale. It tells you almost nothing about what a specific neighbourhood actually costs.

TRREB breaks the city into three zones and 36 districts. Here is what August 2026 looked like inside the city.

Three Zones, Three Different Stories

Toronto West recorded 460 sales at an average price of $955,789. The median was $820,000. The sales-to-new-listings ratio sat at 39.6 per cent, months of inventory at 4.3, and the average sale-to-list price ratio was 98 per cent. Listings took an average of 35 days to sell.

Toronto Central recorded 882 sales at an average of $1,051,186, but the median was only $690,000. That gap tells you the zone is pulled upward by a small number of high-value transactions. The SNLR was 36.2 per cent, months of inventory 5.1, and SP/LP 96 per cent. Listings sat for 37 days on average.

Toronto East recorded 425 sales at an average of $857,162 and a median of $825,000. Average and median are close together here, which means prices are more evenly distributed. The SNLR was the highest of the three zones at 41.6 per cent, months of inventory the lowest at 3.6, and SP/LP the strongest at 99 per cent. Listings moved in 31 days on average.

In short, the east end was the tightest market in the city in August. Central had the most inventory and the softest negotiating position for sellers. West sat in between.

Where Buyers Had the Most Competition

Several districts recorded an SP/LP ratio at or above 100 per cent, meaning the average sale met or exceeded the asking price.

W02, which covers the Bloor West Village and High Park area, posted 41 sales at an average of $930,945 with an SP/LP of 102 per cent and a SNLR of 47.5 per cent. Months of inventory was just 2.6.

In the east, E02 recorded 27 sales at an average of $1,283,941, SP/LP of 100 per cent, SNLR of 48.7 per cent, and just 2.2 months of inventory, the tightest district in the city. E01 posted 28 sales at $981,607 average, 100 per cent SP/LP, 47.3 per cent SNLR and 2.4 months. E03, E04, and E07 all recorded SP/LP of 100 per cent as well.

E11, at the eastern edge of the city, recorded 31 sales at an average of $704,597 with an SP/LP of 102 per cent, the highest in the city alongside W02.

Where Buyers Had the Most Room to Negotiate

At the other end, C12, which includes the Bridle Path and parts of York Mills, recorded just 17 sales at an average of $2,134,400. The SP/LP was 94 per cent, the SNLR was 28.2 per cent, and months of inventory was 9.0. That is a deeply oversupplied market by any measure.

C07, covering Willowdale and parts of Thornhill south of Steeles, posted 59 sales at $1,107,287 average with an SP/LP of 94 per cent, SNLR of 34.4 per cent, and 5.8 months of inventory. C06, north of the 401 around Newtonbrook, recorded 26 sales at $878,562, SP/LP of 95 per cent, and 5.3 months.

C08, the downtown core and waterfront condo corridor, had 135 sales at $692,887 average, SP/LP of 97 per cent, but a SNLR of just 32.7 per cent and 5.9 months of inventory. A lot of condo stock sitting on the market.

What the Price Range Looks Like Across the City

The cheapest district in August was E07, the Pocket and parts of Danforth east, at $699,790 average. The most expensive was C09, Rosedale and Moore Park, at $2,608,863 on just 18 sales. A spread of nearly $1.9 million within one municipality.

C03, Forest Hill, recorded 34 sales at an average of $2,290,894 with an SP/LP of 99 per cent and 4.2 months of inventory. Expensive, but it sold well in August. C04, Lawrence Park, posted 36 sales at $1,935,720 with 3.9 months. Both outperformed Bridle Path on competitiveness despite similar price levels.

At the affordable end, W05 in the Stockyards area averaged $701,795 on 59 sales, and W10 in Rexdale averaged $743,477 on 42 sales.

What This Means If You Are Buying or Selling

The city-wide average does not describe any real neighbourhood. The market you are actually in depends on where you are looking and what type of property you want.

If you are a buyer in the east end, prepare for competition. E02, E01, and E03 are tight, with under three months of inventory and sellers getting asking price or above. If you are looking in central Toronto, particularly in the condo-heavy districts like C08 or the luxury pockets like C12, you have significantly more choice and more room to negotiate.

If you are a seller, the same data applies in reverse. Listing in a district with 2.2 months of inventory is a different proposition from listing where there are nine months of supply. Your pricing strategy, your marketing timeline, and your expectations should all be calibrated to the specific district, not the city-wide headline.

All figures in this post come from the TRREB Market Watch report for August 2026, All Home Types, City of Toronto Municipal Breakdown.

If you want to know what the numbers look like in your specific neighbourhood, call me at 416-560-4983.