↓ 8.1%month over month
↓ 4.5%year over year
Toronto West real estate market update
The July numbers softened—but the market also tightened.
Here is what changed across TRREB’s Toronto West reporting area, what did not, and what the latest numbers may mean if you are buying, selling or planning your next move.
The five-second version
Each card compares the latest month with the month before it and the same month one year ago.
↓ 8.1%month over month
↓ 4.5%year over year
↓ 9.4%month over month
↓ 4.7%year over year
↑ 3 daysmonth over month
↓ 1 dayyear over year
↓ 2 pointsmonth over month
↑ 1 pointyear over year
The market did not speed up.
It got more selective.
What the numbers are saying
July was softer than June—but it was not simply “more of the same.”
The average Toronto West sale price fell 8.1% from June and 4.5% from last July. Sales also declined in both comparisons. That tells us buyers remained careful and the mix of homes sold shifted lower.
At the same time, only 1,285 new listings came to market—about 19.8% fewer than in June—while active inventory declined by roughly 7.3% to 2,416 properties. With 4.3 months of inventory and a 39.8% sales-to-new-listings trend, buyers still had choice—but fresh competition between sellers eased.
Translation: this was not a runaway seller’s market. Buyers could still negotiate. But good listings were not automatically weak listings, and sellers could not afford lazy pricing or forgettable marketing.
The clean comparison
Average price can move when the mix of sold homes changes, so read it alongside median price, sales volume, days on market and sale-to-list ratio.
Supply and pace
Homes introduced to the market during July.
Properties available at the end of the reporting period.
A market with choice, but less excess than earlier in the cycle.
The TRREB sales-to-new-listings trend used to read market balance.
Prices by home type
Freehold townhouses were the exception in July, while semis and condo townhouses saw the sharpest monthly price changes.
Important: monthly averages can swing when a different mix of homes sells. A townhouse increase does not mean every townhouse gained value, just as a detached decline does not mean every detached home lost the same amount.
What this means for you
More than four months of inventory means comparison and negotiation remain possible. But the best-positioned listings can still move faster than the regional average.
Do not negotiate against a headline. Negotiate against the property.With prices below June and last year, buyers are value-conscious. Accurate pricing, clear positioning and marketing that earns attention matter more—not less.
Buyers have options. Give them a reason to choose yours.Your current home and your next home may sit in different segments. The only useful answer comes from comparing your likely sale proceeds with the real cost of the next purchase.
One move. Two sets of numbers. One coordinated plan.Go more local
W01 through W10 cover very different neighbourhoods, housing types and price ranges. A regional average cannot value a Mimico condo, Kingsway detached home and Junction semi the same way.
Source and methodology
Figures are drawn from the Toronto Regional Real Estate Board’s Market Watch report for July 2026. Toronto West refers to TRREB districts W01–W10. Statistics are regional MLS® results and do not represent the value or performance of an individual property.
TRREB may revise historical figures. Monthly average and median prices can change because the mix of properties sold changes. This page is for general information and is not intended to solicit buyers or sellers currently under contract.
Read the July 2026 Market Watch report ↗
View the TRREB Market Watch archive ↗
The next step
We will compare the most relevant recent sales, explain what buyers are responding to and give you a clear opinion of value and next-step strategy.