September was the month everyone waited. Buyers waited on the economy, inflation, and borrowing costs. Sellers waited on buyers. The result: 5,040 sales across the GTA — down 9% from last September — and an average price of $1,006,409, down 5.1% on the year.
The short version: no crash, no comeback. Just a market where well-priced homes sell and everything else waits its turn.
The numbers that matter
September 2026 · GTA
| District | Avg price | Sales | New listings | Avg DOM |
|---|---|---|---|---|
| GTA — All home types | $1,006,409 | 5,040 | 16,500 | 34 |
| W06 — Condo apt (HBS / Mimico / Alderwood) | $640,225 | 40 | 151 | 46 |
| W08 — Detached (The Queensway) | $1,901,530 | 49 | 159 | 23 |
| E01 — Semi (Leslieville) | $1,286,913 | 28 | 57 | 12 |
| E02 — Detached (The Beach) | $2,046,038 | 13 | 50 | 10 |
| C01 — Condo apt (downtown) | $654,366 | 196 | 663 | 40 |
| C10 — Condo apt (midtown) | $645,925 | 28 | 133 | 37 |
Source: TRREB Market Watch, September 2026. District figures are for the full TRREB district, not the neighbourhood alone.
What this means for you
Buying? September handed you leverage. Sales down 9%, listings piling up, and sellers watching their phones not ring. Don't lowball for sport — but don't pay full asking on a stale listing either.
Selling? The market punishes optimism. The GTA averaged 34 days and 98 cents on the dollar in September. Price to the last month of sales on your street, not the number you liked in 2022.
Your neighbourhood, up close
The monthly numbers are the weather. The neighbourhood is the climate. Dig into the areas we know best: