Nine months of inventory at the top of the market.
C12 has 9.0 months of supply — the loosest market in the city — and the fewest sales, 17. Its benchmark is down 4.83%, from 1.57% in August.
Seventeen sales in September, the same as August and the fewest of Toronto's 35 districts, at an average of $2,779,588 and a median of $2,410,000. Months of inventory sit at 9.0, the highest in the city, on a 28.6% sales-to-new-listings ratio, the lowest. Homes sold at 96% of asking in 36 days.
The benchmark is $2,267,400, down 4.83% on the year — a bigger fall than August's 1.57%. Detached, $3,061,400, is down 4.94%. The apartment benchmark, $1,045,200, is down 5.53%; in August it was the only condo benchmark in the city that rose. New listings doubled, from 50 to 104, into a market that did not buy more.
If you are buying at this level, nine months of standing inventory means real room to negotiate on all but the trophy homes. If you are selling, price with courage and stage with patience. Either way, this is a market you enter with a thesis, not a feed alert.
MLS® HPI Benchmarks · C12 · September 2026 · y/y
| Composite | $2,267,400 | -4.83% |
| SF Detached | $3,061,400 | -4.94% |
| SF Attached | $1,361,500 | -7.13% |
| Townhouse | $1,072,700 | -8.72% |
| Apartment | $1,045,200 | -5.53% |
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.