Source: TRREB MarketWatch, August 2026

Toronto Central Midtown

Toronto C03

Forest Hill South, Humewood-Cedarvale, Oakwood

August 2026

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Headline indicators

All home types · August 2026

Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.

$2,290,894

MoM +$475,535 +26.2% up $475,535, 26.2% versus July 2026 YoY +20.5% up 20.5% versus August 2025

Median price — The midpoint sale price. Less affected by a few very high or low sales than the average.

$1,251,500

MoM +$66,500 +5.6% up $66,500, 5.6% versus July 2026 YoY +1.7% up 1.7% versus August 2025

MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.

$1,429,900

MoM +$10,200 +0.7% up $10,200, 0.7% versus July 2026 YoY −5.3% down 5.3% versus August 2025

Sales — Firm transactions reported through the MLS® System during the month.

34

MoM −7 −17.1% down 7, 17.1% versus July 2026 YoY +6.3% up 6.3% versus August 2025

Dollar volume — Total value of all sales in the month.

$77.9M

MoM +$3,460,682 +4.6% up $3,460,682, 4.6% versus July 2026 YoY +28.1% up 28.1% versus August 2025

New listings — Properties newly listed during the month.

80

MoM −5 −5.9% down 5, 5.9% versus July 2026 YoY +9.6% up 9.6% versus August 2025

Active listings — Listings available at month end.

160

MoM −14 −8.0% down 14, 8.0% versus July 2026 YoY −3.6% down 3.6% versus August 2025

Avg. LDOM — Average days on market for the current listing. Not reported before 2020.

35

MoM −1 day −2.8% down 1 day, 2.8% versus July 2026 YoY +40.0% up 40.0% versus August 2025

Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.

39

MoM −2 days −4.9% down 2 days, 4.9% versus July 2026 YoY +2.6% up 2.6% versus August 2025

Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.

99%

MoM +6.0 pp +6.5% up 6.0 pp, 6.5% versus July 2026 YoY +2.1% up 2.1% versus August 2025

SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.

42.5%

MoM −5.7 pp −11.9% down 5.7 pp, 11.9% versus July 2026 YoY −3.0% down 3.0% 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.

4.7

MoM +0 +10.9% up 0, 10.9% versus July 2026 YoY −9.3% down 9.3% versus August 2025
Share of region sales
1.92%
Share of TRREB sales
0.67%
Average vs median gap
83.0%
TRREB SNLR (trend)
38.3%
TRREB months inv. (trend)
4.2

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 C03 average selling price jumped 26.2% to $2,290,894 versus July 2026.
  • Toronto C03 sales dropped 17.1% to 34 versus July 2026.
  • Toronto C03 sits in balanced conditions: 42.5% of new listings sold and 4.7 months of inventory on hand.

By home type

Home typeSalesMoM$ volumeAverageMoMMedianNewActiveSP/LPLDOMPDOMSNLRMOI
All home types 34 −7 −17.1% down 7, 17.1% versus July 2026 $77,890,397 $2,290,894 +$475,535 +26.2% up $475,535, 26.2% versus July 2026 $1,251,500 80 160 99% 35 39 42.5% 4.7
Detached 18 −5 −21.7% down 5, 21.7% versus July 2026 $59,935,000 $3,329,722 +$871,753 +35.5% up $871,753, 35.5% versus July 2026 $1,484,000 44 83 100% 33 40.9% 4.6
Semi-detached low sample 2 −2 −50.0% down 2, 50.0% versus July 2026 $2,430,000 $1,215,000 −$289,880 −19.3% down $289,880, 19.3% versus July 2026 $1,215,000 9 10 108% 4 22.2% 5.0
Condo apartment 12 no change no change versus July 2026 $14,258,897 $1,188,241 +$516,083 +76.8% up $516,083, 76.8% versus July 2026 $895,000 21 54 94% 44 57.1% 4.5
Co-op apartment low sample 1 n/a not available, prior month not on file versus July 2026 $661,500 $661,500 n/a not available, prior month not on file versus July 2026 $661,500 2 2 96% 26 50.0% 2.0
Co-ownership apartment low sample 1 n/a not available, prior month not on file versus July 2026 $605,000 $605,000 n/a not available, prior month not on file versus July 2026 $605,000 3 7 93% 34 33.3% 7.0

MLS® Home Price Index

CategoryIndexBenchmarkYoYMoM
Composite 271.8 $1,429,900 −5.3% down 5.3% +$10,200 +0.7% up $10,200, 0.7% versus July 2026
Single-family detached 294 $1,836,900 −5.7% down 5.7% −$5,400 −0.3% down $5,400, 0.3% versus July 2026
Single-family attached 364.9 $1,167,900 −4.9% down 4.9% −$13,900 −1.2% down $13,900, 1.2% versus July 2026
Townhouse −100.0% down 100.0% n/a not available, prior month not on file versus July 2026
Apartment 239.9 $701,600 −2.7% down 2.7% +$40,700 +6.2% up $40,700, 6.2% versus July 2026

Trends

13 months to August 2026

Average and median price

Toronto C03: average and median price over 13 months ending August 2026.
Month Average priceMedian price
Aug '25 19005801230000
Sep '25 16639261137500
Oct '25 13041591137500
Nov '25 15186131129500
Dec '25 19947481400000
Jan '26 13059851197500
Feb '26 11524421007500
Mar '26 15063871405000
Apr '26 20577691490000
May '26 15540871280000
Jun '26 15578451200000
Jul '26 18153591185000
Aug '26 22908941251500

Sales and new listings

Toronto C03: sales and new listings over 13 months ending August 2026.
Month SalesNew listings
Aug '25 3273
Sep '25 42164
Oct '25 56115
Nov '25 4089
Dec '25 2522
Jan '26 1871
Feb '26 2672
Mar '26 37106
Apr '26 61151
May '26 45135
Jun '26 45122
Jul '26 4185
Aug '26 3480

Active listings

Toronto C03: active listings over 13 months ending August 2026.
Month Active listings
Aug '25 166
Sep '25 209
Oct '25 189
Nov '25 186
Dec '25 111
Jan '26 119
Feb '26 131
Mar '26 153
Apr '26 181
May '26 194
Jun '26 193
Jul '26 174
Aug '26 160

Days on market

Toronto C03: days on market over 13 months ending August 2026.
Month LDOMPDOM
Aug '25 2538
Sep '25 2442
Oct '25 3152
Nov '25 3352
Dec '25 5466
Jan '26 4168
Feb '26 3545
Mar '26 3055
Apr '26 2034
May '26 2134
Jun '26 2540
Jul '26 3641
Aug '26 3539

Sale price to list price

Toronto C03: sale price to list price over 13 months ending August 2026.
Month Avg. SP/LP
Aug '25 97
Sep '25 96
Oct '25 96
Nov '25 97
Dec '25 90
Jan '26 98
Feb '26 99
Mar '26 97
Apr '26 96
May '26 98
Jun '26 97
Jul '26 93
Aug '26 99

Sales-to-new-listings

Toronto C03: sales-to-new-listings over 13 months ending August 2026.
Month SNLR
Aug '25 43.83561643835616
Sep '25 25.609756097560975
Oct '25 48.69565217391305
Nov '25 44.9438202247191
Dec '25 113.63636363636364
Jan '26 25.352112676056336
Feb '26 36.11111111111111
Mar '26 34.90566037735849
Apr '26 40.397350993377486
May '26 33.33333333333333
Jun '26 36.885245901639344
Jul '26 48.23529411764706
Aug '26 42.5

MLS® HPI composite benchmark

Toronto C03: MLS HPI composite benchmark over 13 months ending August 2026.
Month Composite benchmark
Aug '25 1509900
Sep '25 1466300
Oct '25 1442500
Nov '25 1431400
Dec '25 1459500
Jan '26 1440300
Feb '26 1380100
Mar '26 1368800
Apr '26 1442200
May '26 1452200
Jun '26 1464300
Jul '26 1419700
Aug '26 1429900

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) 29 of 55 48.1th 35
Average price 2 of 55 98.1th $2,290,894
HPI composite, year-over-year 27 of 54 50.9th -5.26%
Price change, month-over-month 1 of 54 100th 26.2%
Sales change, month-over-month 31 of 54 43.4th -17.07%
Sales-to-new-listings 24 of 55 57.4th 42.5%

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