Half the sales of July, and the same story at the top.
C02's $1.51M average sits $660,000 above its $845,000 median. The condo benchmark is down 15.83% on the year — the second-steepest apartment fall of Toronto's 35 districts.
Thirty-nine sales in August, down from 77 in July, at an average of $1,506,649 and a median of $845,000. The gap between those two numbers is the point: a few large Yorkville trades pull the average up, while the typical sale clears far lower. Homes sold at 95% of asking in 37 days, quicker than July's 49.
The benchmark — what a typical home is worth — tells the cleaner story. C02's composite fell 6.03% on the year to $1,270,800. The apartment benchmark fell 15.83% to $751,100, the second-steepest condo decline of the 35 Toronto districts, behind only E11. Detached homes barely moved, down 0.81% to $2,582,700. Luxury condos are repricing hard; the Annex's Victorian streets are not.
This is two markets in one postal code. At the top, buyers can negotiate. On the freehold streets, they still compete. Knowing which market your target property trades in is the whole job. Ask about a building or a street and the August numbers come back attached.
MLS® HPI Benchmarks · C02 · August 2026 · y/y
| Composite | $1,270,800 | -6.03% |
| SF Detached | $2,582,700 | -0.81% |
| SF Attached | $1,811,700 | -1.71% |
| Townhouse | $1,554,800 | 3.13% |
| Apartment | $751,100 | -15.83% |
Figures: TRREB Market Watch, August 2026, and MLS® Home Price Index (August 2026), extracted and arithmetically verified; subject to TRREB revision. Refreshed with each monthly cycle. Not intended to solicit buyers or sellers currently under contract. Eric Geng, Salesperson, RE/MAX City Accord Realty Inc., Brokerage. Each Office Independently Owned and Operated.