Terms of Use
PLEASE READ THE TERMS AND CONDITIONS OF USE CAREFULLY BEFORE USING THIS SITE. This site is free to use by our visitors. And by using this site, you the user are agreeing to comply with and be bound by the following terms of use. After reviewing the following terms and conditions thoroughly, if you do not agree to the terms and conditions, please do not use this site.
Acceptance of Agreement:
You agree to the terms and conditions outlined in this Terms and Conditions of use Agreement (Agreement) with respect to our site (the Site). This Agreement constitutes the entire and only agreement between us and you, and supersedes all prior or contemporaneous agreements, representations, warranties and understandings with respect to the Site, the content, or services provided by or listed on the Site, and the subject matter of this Agreement. This Agreement may be amended by us at any time and at any frequency without specific notice to you. The latest Agreement will be posted on the Site, and you should review this Agreement prior to using the Site.
Copyright:
The content, organization, graphics, design, and other matters related to the Site are protected under applicable copyrights and other proprietary laws, including but not limited to intellectual property laws. The copying, reproduction, use, modification or publication by you of any such matters or any part of the Site is strictly prohibited, without our express prior written permission.
Deleting and Modification:
We reserve the right in our sole discretion, without any obligation and without any notice requirement to you, to edit or delete any documents, information or other content appearing on the Site, including this Agreement. Indemnification. You agree to indemnify, defend and hold us, our officers, our share holders, our partners, attorneys and employees harmless from any and all liability, loss, damages, claim and expense, including reasonable attorney's fees, related to your violation of this Agreement or use of the Site.
Disclaimer:
THE CONTENT, SERVICES FROM OR LISTED THROUGH THE SITE ARE PROVIDED "AS-IS," "AS AVAILABLE," AND ALL WARRANTIES, EXPRESS OR IMPLIED, ARE DISCLAIMED, INCLUDING BUT NOT LIMITED TO THE DISCLAIMER OF ANY IMPLIED WARRANTIES OF TITLE, NON-INFRINGEMENT, MERCHANTABILITY, QUALITY AND FITNESS FOR A PARTICULAR PURPOSE, WITH RESPECT TO THIS SITE AND ANY WEBSITE WITH WHICH IT IS LINKED. THE INFORMATION AND SERVICES MAY CONTAIN BUGS, ERRORS, PROBLEMS OR OTHER LIMITATIONS. WE HAVE NO LIABILITY WHATSOEVER FOR YOUR USE OF ANY INFORMATION OR SERVICE. IN PARTICULAR, BUT NOT AS A LIMITATION, WE ARE NOT LIABLE FOR ANY INDIRECT, INCIDENTAL OR CONSEQUENTIAL DAMAGES (INCLUDING DAMAGES FOR LOSS OF BUSINESS, LOSS OF PROFITS, LOSS OF MONEY, LITIGATION, OR THE LIKE), WHETHER BASED ON BREACH OF CONTRACT, BREACH OF WARRANTY, NEGLIGENCE, PRODUCT LIABILITY OR OTHERWISE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THE NEGATION OF DAMAGES SET FORTH ABOVE ARE FUNDAMENTAL ELEMENTS OF THE BASIS OF THE BARGAIN BETWEEN US AND YOU THE USER. THIS SITE AND THE INFORMATION WOULD NOT BE PROVIDED WITHOUT SUCH LIMITATIONS. NO ADVICE OR INFORMATION, WHETHER ORAL OR WRITTEN, OBTAINED BY YOU FROM US THROUGH THE SITE SHALL CREATE ANY WARRANTY, REPRESENTATION OR GUARANTEE NOT EXPRESSLY STATED IN THIS AGREEMENT. THE INFORMATION AND ALL OTHER MATERIALS ON THE SITE ARE PROVIDED FOR GENERAL INFORMATION PURPOSES ONLY AND DO NOT CONSTITUTE PROFESSIONAL ADVICE. IT IS YOUR RESPONSIBILITY TO EVALUATE THE ACCURACY AND COMPLETENESS OF ALL INFORMATION AVAILABLE ON THIS SITE OR ANY WEBSITE WITH WHICH IT IS LINKED.
Limits:
All responsibility or liability for any damages caused by viruses contained within the electronic file containing the form or document is disclaimed. We will not be liable to you for any incidental, special or consequential damages of any kind that may result from use of or inability to use the site.
Third-Party Website:
All rules, terms and conditions, other policies (including privacy policies) and operating procedures of third-party linked websites will apply to you while on such websites. We are not responsible for the content, accuracy or opinions express in such Websites, and such Websites are not investigated, monitored or checked for accuracy or completeness by us. Inclusion of any linked Website on our Site does not imply approval or endorsement of the linked Website by us. This Site and the third-party linked websites are independent entities and neither party has authority to make any representations or commitments on behalf of the other. If you decide to leave our Site and access these third-party linked sites, you do so at your own risk.
Submissions:
All suggestions, ideas, notes, concepts, blog posts, and other information you may send to us (collectively, "Submissions") shall be deemed and shall remain our sole property and shall not be subject to any obligation of confidence on our part. Without limiting the foregoing, we shall be deemed to own all known and hereafter existing rights of every kind and nature regarding the Submissions and shall be entitled to unrestricted use of the Submissions for any purpose, without compensation to the provider of the Submissions.
Consent to be Contacted:
By clicking Register, you understand that real estate professionals may contact you by telephone, text or by electronic mail regarding your inquiry, and may involve automated means and pre-recorded/artificial voices. Registration is not a condition of buying any property, goods or services. Messages/data rates may apply. Consent can be withdrawn at any time by clicking the "unsubscribe" link contained in the email.
General:
You agree that all actions or proceedings arising directly or indirectly out of this agreement, or your use of the site or any sample products obtained by you through such use, shall be litigated in the District Court of Utah. you are expressly submitting and consenting in advance to such jurisdiction in any action or proceeding in any of such court, and are waiving any claim that the District Court of Utah is an inconvenient forum or an improper forum based on lack of venue. This site is controlled by InsideRE, LLC. in the State of Utah, USA. As such, the laws of Utah will govern the terms and conditions contained in this Agreement and elsewhere throughout the Site, without giving effect to any principles of conflicts of laws.
GDPR Compliance:
This Site is intended solely for individuals residing outside of the territory of the European Union. By accessing and using this Site, you hereby agree and represent either (i) you are not a resident of the European Union, or (ii) if you are a resident of the European Union, that you hereby provide express consent to any personal information which may be collected from you by this Site, including, but not limited to, first name, last name, email address, phone number, physical address, IP address, and social media accounts and information. In no event shall any user cause this Site to collect personal information of any individual residing in the European Union without first obtaining the express consent of such individual.
Royal LePage® Supreme Realty, Brokerage
110 Weston Road
Toronto, ON M6N 0A6
Call 416-535-8000
Text 647-931-5151
Copyright 2026. Macedo Real Estate Group, Danny Macedo, Sales Representative, Anthony Rocco Macedo, Sales Representative, Royal LePage Supreme Realty, Brokerage all rights reserved assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
Elite Broker Blogs
━━━━━━━━
Where the GTA Actually Transacts: July 2026 Sales by Price Band
The average selling price across the Greater Toronto Area in July 2026 was $1,003,956. It is the number that gets quoted, and on its own it is close to useless, because almost nobody bought a home at that price.
A more useful question is where the market actually transacts. TRREB publishes a breakdown of every sale by price band and by home type, and it tells a different story from the headline.
Two thirds of the market sold under a million dollars
Of the 5,995 homes sold across TRREB areas in July 2026, 3,841 sold for less than $1,000,000. That is 64.1 per cent of the market.
The single busiest band was $1,000,000 to $1,249,999, with 942 sales. Below it, $800,000 to $899,999 recorded 730 sales and $700,000 to $799,999 recorded 695.
This is why the median matters. The median selling price in July was $860,000, which sits inside the $800,000 to $899,999 band. The average, at $1,003,956, sits roughly $144,000 higher. The gap is not an error. It is the arithmetic of a small number of very expensive sales pulling a mean upwards while the middle of the market stays where it is.
The top of the market is small and it is almost entirely detached
Sales at $2,000,000 and above numbered 302 in July 2026. That is 5.0 per cent of all sales.
Of those 302 sales, 267 were detached houses. That is 88.4 per cent of the top band in a single home type.
Widen it slightly. Everything at $1,500,000 and above came to 685 sales, or 11.4 per cent of the market. So roughly one sale in nine happened above $1.5 million, and roughly one in twenty happened above $2 million.
If you own at that end of the market, this is the most important line in the report. You are not competing in the same market as the headline average. You are competing in a much thinner one, where there are fewer buyers, fewer comparable sales to price against, and consequently more room for a pricing error to cost you real money.
Home type decides which band you are in
The July split by type was this. Detached houses accounted for 2,789 sales, or 46.5 per cent. Condominium apartments accounted for 1,564 sales, or 26.1 per cent. Attached and row townhouses came to 567, semi-detached to 557, and condominium townhouses to 436.
Those two large categories sit at opposite ends of the price range. The average detached sale price was $1,291,690. The average condominium apartment sale price was $636,323.
Follow that through into the bands and the pattern is stark. In the $400,000 to $499,999 band there were 490 sales, and 422 of them were condominium apartments. That is 86.1 per cent of the band in one home type. In the $1,000,000 to $1,249,999 band there were 942 sales, and 680 of them were detached houses, which is 72.2 per cent.
So the GTA is not one market with an average price. It is at least two markets that barely overlap, reported under a single heading.
What to do with this
If you are selling, find your band before you look at any average. Take your home type and your realistic price range, and ask how many homes like yours actually sold last month. A seller in the busiest band is operating in a market with hundreds of recent comparable sales. A seller above $2 million is operating in a market with 302 sales across the entire region, most of them detached houses.
Those two sellers need different pricing strategies, different marketing periods and different expectations about time. Handing both of them the same average price is how bad advice gets given.
If you are buying, the same table tells you where competition concentrates. The bands between $700,000 and $1,250,000 held 2,969 of the month's 5,995 sales, which is just under half the market in a range of about half a million dollars. That is where most buyers are, and that is where you should expect company.
Three questions worth asking
Whether you are buying or selling, these three will tell you more than any headline figure.
How many homes of my type, in my price band, sold in my area last month? What was the median, not the average, for that group? How does the number of active listings in my band compare with the number of sales in it?
Any agent working with real data can answer all three in a few minutes. The answers will be specific to your house rather than to the region, which is the entire point.
Source
All figures in this article are taken from the Toronto Regional Real Estate Board Market Watch report for July 2026, released 6 August 2026, specifically the Sales by Price Range and House Type table and the Summary of Existing Home Transactions. Percentages are calculated from the published sale counts and are shown above.
If you want to know which band your home actually sits in, and what sold in it last month, call or text me on 416-560-4983 and I will pull the numbers for your street.
