Condos down 11%, houses down 6%, and everything still sells at asking.
E07 cleared 53 sales at 100% of list in 31 days. Its apartment benchmark fell 10.95% on the year; detached fell 5.67%.
Fifty-three sales in August, up from 45, at an average of $699,790 and a median of $563,888. Homes sold at 100% of asking in 31 days, on 3.8 months of inventory and a 45.6% sales-to-new-listings ratio, one of the highest in the city. The benchmark is $724,400, down 6.60% on the year, from 8.66% in July.
The two halves of the district are moving apart. The apartment benchmark, $468,400, is down 10.95% — the condo towers along Sheppard East are absorbing the same supply pressure as North York's. Detached, $1,050,400, is down 5.67%, and townhouses only 4.44%. The median at $563,888 tells you most of what sold in August was the condo half.
For condo buyers, E07 is one of the larger discounts in Scarborough on a subway-bound corridor. For house owners, your street is not the district headline — the detached number is far firmer. Ask for the split before you decide anything.
MLS® HPI Benchmarks · E07 · August 2026 · y/y
| Composite | $724,400 | -6.60% |
| SF Detached | $1,050,400 | -5.67% |
| SF Attached | $829,700 | -4.87% |
| Townhouse | $695,800 | -4.44% |
| Apartment | $468,400 | -10.95% |
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.