Toronto Real Estate Market Trends: Condo Apartments

Analyze the latest real estate market statistics for condo apartments in Toronto. Our report analyzes active listings, sold history, and price trends to determine if it's a buyer's or seller's market.

Last updated: Oct 25, 2026 · Data through: September 2026
Average Price
$600,000
MoM: 2.39%
Market Trend
Buyer's Market
Year over year: -4%
Inventory
3,066
Active Listings

Market Pulse: Toronto Analysis

The Toronto real estate market for condo apartments through September 2026 shows an average sold price of $600,000. There were 3,066 active listings and 490 sold properties. With an absorption rate of 16%, the market favors buyers, with more choice and negotiation room.

Note: Sales volume is currently low, which may lead to higher volatility in statistical averages.

*Absorption Rate % determines market type (Buyer/Seller/Balanced)

Period Avg Price Active Listings Sold Absorption Rate
2026-09$600,0003,06649016%
2026-08$586,0002,80048217.2%
2026-07$590,4443,02458019.2%
2026-06$617,5003,11763720.4%
2026-05$591,0003,07858619%
2026-04$605,0002,90958920.2%
2026-03$585,0002,78355119.8%
2026-02$620,0002,58743917%
2026-01$609,5002,40633013.7%
2025-12$601,5002,18936216.5%
2025-11$629,0552,99248116.1%
2025-10$638,0003,26959618.2%

Frequently Asked Questions about Toronto Real Estate

The market for condo apartments in Toronto is constantly changing. Based on our latest data, you can see the trend in the "Market Pulse" section above. Generally, a high absorption rate indicates a seller's market, while lower absorption suggests better opportunities for buyers.

Prices in Toronto are primarily driven by the balance of supply (Active Listings) and demand (Sold Properties). External factors like mortgage interest rates, local employment stats, and migration to the Toronto area also play significant roles.

Methodology

Our market statistics are derived from real-time sales data sourced from the local real estate board. Averages are calculated monthly. The "Market Temperature" is based on the Sales-to-New-Listings ratio (Absorption Rate). Data is provided for informational purposes and should be verified with a licensed real estate professional.

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