Average price — Mean sale price across all transactions. Sensitive to the mix of homes that sold.
$692,887
MoM −$26,540 −3.7% down $26,540, 3.7% versus July 2026 YoY +10.0% up 10.0% versus August 2025
Source: TRREB MarketWatch, August 2026
Toronto Central Downtown
Toronto C08
St. Lawrence, Cabbagetown, Regent Park, Church-Yonge
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.
$575,000
MoM −$44,500 −7.2% down $44,500, 7.2% versus July 2026 YoY −4.2% down 4.2% versus August 2025
MLS® HPI benchmark — Quality-adjusted price for a typical home. The cleanest like-for-like price signal.
$553,600
MoM −$2,900 −0.5% down $2,900, 0.5% versus July 2026 YoY −7.4% down 7.4% versus August 2025
Sales — Firm transactions reported through the MLS® System during the month.
135
MoM −23 −14.6% down 23, 14.6% versus July 2026 YoY +3.1% up 3.1% versus August 2025
Dollar volume — Total value of all sales in the month.
$93.5M
MoM −$20,129,725 −17.7% down $20,129,725, 17.7% versus July 2026 YoY +13.4% up 13.4% versus August 2025
New listings — Properties newly listed during the month.
375
MoM −96 −20.4% down 96, 20.4% versus July 2026 YoY −7.4% down 7.4% versus August 2025
Active listings — Listings available at month end.
814
MoM −60 −6.9% down 60, 6.9% versus July 2026 YoY −11.7% down 11.7% versus August 2025
Avg. LDOM — Average days on market for the current listing. Not reported before 2020.
37
MoM +1 day +2.8% up 1 day, 2.8% versus July 2026 YoY −7.5% down 7.5% versus August 2025
Avg. PDOM — Average days on market across the property’s consecutive listings. Not reported before 2020.
48
MoM +7 days +17.1% up 7 days, 17.1% versus July 2026 YoY −7.7% down 7.7% versus August 2025
Avg. SP/LP — Average sale price as a share of list price. Above 100% means competing offers were common.
97%
MoM +1.0 pp +1.0% up 1.0 pp, 1.0% versus July 2026 YoY no change no change versus August 2025
SNLR — Sales-to-new-listings ratio, computed here from this month’s counts. Below 40% favours buyers, above 60% favours sellers.
36.0%
MoM +2.5 pp +7.3% up 2.5 pp, 7.3% versus July 2026 YoY +11.3% up 11.3% 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.
6.0
MoM +0 +9.0% up 0, 9.0% versus July 2026 YoY −14.3% down 14.3% versus August 2025
- Share of region sales
- 7.64%
- Share of TRREB sales
- 2.67%
- Average vs median gap
- 20.5%
- TRREB SNLR (trend)
- 32.7%
- TRREB months inv. (trend)
- 5.9
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 C08 average selling price fell 3.7% to $692,887 versus July 2026.
- Toronto C08 sales dropped 14.6% to 135 versus July 2026.
- Toronto C08 sits in a buyer's market: 36.0% of new listings sold and 6.0 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 | 135 | −23 −14.6% down 23, 14.6% versus July 2026 | $93,539,788 | $692,887 | −$26,540 −3.7% down $26,540, 3.7% versus July 2026 | $575,000 | 375 | 814 | 97% | 37 | 48 | 36.0% | 6.0 |
| Att/row/townhouse low sample | 3 | −9 −75.0% down 9, 75.0% versus July 2026 | $3,650,000 | $1,216,667 | +$132,667 +12.2% up $132,667, 12.2% versus July 2026 | $1,450,000 | 6 | 14 | 97% | 54 | — | 50.0% | 4.7 |
| Condo townhouse low sample | 4 | no change no change versus July 2026 | $3,695,000 | $923,750 | −$458,750 −33.2% down $458,750, 33.2% versus July 2026 | $960,000 | 16 | 31 | 99% | 37 | — | 25.0% | 7.8 |
| Condo apartment | 128 | −10 −7.2% down 10, 7.2% versus July 2026 | $86,194,788 | $673,397 | +$21,067 +3.2% up $21,067, 3.2% versus July 2026 | $565,000 | 350 | 756 | 97% | 37 | — | 36.6% | 5.9 |
MLS® Home Price Index
| Category | Index | Benchmark | YoY | MoM |
|---|---|---|---|---|
| Composite | 240.2 | $553,600 | −7.4% down 7.4% | −$2,900 −0.5% down $2,900, 0.5% versus July 2026 |
| Single-family detached | 337.4 | $1,954,500 | −12.9% down 12.9% | −$46,200 −2.3% down $46,200, 2.3% versus July 2026 |
| Single-family attached | 304.8 | $1,286,700 | −10.3% down 10.3% | −$28,200 −2.1% down $28,200, 2.1% versus July 2026 |
| Townhouse | 337.2 | $826,200 | −13.4% down 13.4% | +$14,400 +1.8% up $14,400, 1.8% versus July 2026 |
| Apartment | 251.3 | $499,900 | −6.4% down 6.4% | −$1,600 −0.3% down $1,600, 0.3% versus July 2026 |
Trends
13 months to August 2026
Average and median price
| Month | Average price | Median price |
|---|---|---|
| Aug '25 | 629645 | 600000 |
| Sep '25 | 810932 | 625000 |
| Oct '25 | 726078 | 626000 |
| Nov '25 | 762451 | 640000 |
| Dec '25 | 640731 | 545000 |
| Jan '26 | 690876 | 626000 |
| Feb '26 | 677108 | 550000 |
| Mar '26 | 639106 | 575000 |
| Apr '26 | 687016 | 579500 |
| May '26 | 699809 | 575000 |
| Jun '26 | 678376 | 600000 |
| Jul '26 | 719427 | 619500 |
| Aug '26 | 692887 | 575000 |
Sales and new listings
| Month | Sales | New listings |
|---|---|---|
| Aug '25 | 131 | 405 |
| Sep '25 | 139 | 498 |
| Oct '25 | 149 | 462 |
| Nov '25 | 134 | 321 |
| Dec '25 | 94 | 172 |
| Jan '26 | 80 | 378 |
| Feb '26 | 109 | 368 |
| Mar '26 | 141 | 453 |
| Apr '26 | 164 | 486 |
| May '26 | 149 | 459 |
| Jun '26 | 170 | 500 |
| Jul '26 | 158 | 471 |
| Aug '26 | 135 | 375 |
Active listings
| Month | Active listings |
|---|---|
| Aug '25 | 922 |
| Sep '25 | 935 |
| Oct '25 | 901 |
| Nov '25 | 808 |
| Dec '25 | 584 |
| Jan '26 | 674 |
| Feb '26 | 717 |
| Mar '26 | 787 |
| Apr '26 | 849 |
| May '26 | 860 |
| Jun '26 | 899 |
| Jul '26 | 874 |
| Aug '26 | 814 |
Days on market
| Month | LDOM | PDOM |
|---|---|---|
| Aug '25 | 40 | 52 |
| Sep '25 | 37 | 57 |
| Oct '25 | 40 | 60 |
| Nov '25 | 37 | 56 |
| Dec '25 | 46 | 62 |
| Jan '26 | 44 | 62 |
| Feb '26 | 50 | 66 |
| Mar '26 | 35 | 54 |
| Apr '26 | 38 | 59 |
| May '26 | 31 | 46 |
| Jun '26 | 36 | 43 |
| Jul '26 | 36 | 41 |
| Aug '26 | 37 | 48 |
Sale price to list price
| Month | Avg. SP/LP |
|---|---|
| Aug '25 | 97 |
| Sep '25 | 97 |
| Oct '25 | 97 |
| Nov '25 | 97 |
| Dec '25 | 96 |
| Jan '26 | 97 |
| Feb '26 | 97 |
| Mar '26 | 97 |
| Apr '26 | 98 |
| May '26 | 97 |
| Jun '26 | 98 |
| Jul '26 | 96 |
| Aug '26 | 97 |
Sales-to-new-listings
| Month | SNLR |
|---|---|
| Aug '25 | 32.34567901234568 |
| Sep '25 | 27.91164658634538 |
| Oct '25 | 32.25108225108225 |
| Nov '25 | 41.74454828660436 |
| Dec '25 | 54.65116279069767 |
| Jan '26 | 21.164021164021165 |
| Feb '26 | 29.6195652173913 |
| Mar '26 | 31.125827814569533 |
| Apr '26 | 33.744855967078195 |
| May '26 | 32.46187363834422 |
| Jun '26 | 34 |
| Jul '26 | 33.54564755838641 |
| Aug '26 | 36 |
MLS® HPI composite benchmark
| Month | Composite benchmark |
|---|---|
| Aug '25 | 598600 |
| Sep '25 | 605000 |
| Oct '25 | 594200 |
| Nov '25 | 585200 |
| Dec '25 | 575200 |
| Jan '26 | 563400 |
| Feb '26 | 568800 |
| Mar '26 | 559600 |
| Apr '26 | 564800 |
| May '26 | 565200 |
| Jun '26 | 551400 |
| Jul '26 | 556500 |
| Aug '26 | 553600 |
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) | 34 of 55 | 38.9th | 37 |
| Average price | 54 of 55 | 1.9th | $692,887 |
| HPI composite, year-over-year | 48 of 54 | 11.3th | -7.37% |
| Price change, month-over-month | 35 of 54 | 35.8th | -3.69% |
| Sales change, month-over-month | 26 of 54 | 52.8th | -14.56% |
| Sales-to-new-listings | 41 of 55 | 25.9th | 36% |
Change-based rankings exclude areas below 10 sales, where a couple of transactions can look like a market move.