Sales rebounded to 58, and the benchmark is back within 1% of last year.
C02's benchmark is down just 0.92% on the year, from 6.03% in August — the second-best result of the 14 central districts, behind only C10.
Fifty-eight sales in September, up from 39 in August, at an average of $1,773,011 and a median of $1,472,500. Thirty of the 58 were condo apartments, and they were expensive ones: the condo average was $1,690,737. That is why the median jumped from $845,000. Homes sold at 98% of asking in 38 days, on 5.7 months of inventory.
The benchmark — what a typical home is worth — is $1,295,900, down 0.92% on the year. In August it was down 6.03%. The apartment benchmark, $796,000, is down 3.00% after a 15.83% fall last month; detached, $2,565,300, is down 0.89%. A swing that large in one month is a reason to read C02 over two or three months, not one.
C02 is still two markets: Yorkville condos at the top, and Annex and Summerhill houses that have barely moved. September says the condo repricing may be slowing; one month does not prove it. Ask about a building or a street and the September numbers come back attached.
MLS® HPI Benchmarks · C02 · September 2026 · y/y
| Composite | $1,295,900 | -0.92% |
| SF Detached | $2,565,300 | -0.89% |
| SF Attached | $1,818,500 | -2.48% |
| Townhouse | $1,556,700 | 0.91% |
| Apartment | $796,000 | -3.00% |
Figures: TRREB Market Watch, September 2026, and MLS® Home Price Index (September 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.