Etobicoke Real Estate Market Update – August 2026

The August 2026 Etobicoke real estate market showed some interesting changes compared with August 2025. Across Centennial Park, Markland Wood, Eringate, Eatonville, Islington City Centre, Etobicoke City Centre, West Deane Park, Princess-Rosethorn, Edenbridge-Humber Valley, Lambton Mills and The Kingsway (W8), there were 99 home sales, compared with 102 sales in August 2025, a decrease of 2.94%.

The average home price increased 9.75%, rising from approximately $1,144,801 in August 2025 to $1,256,380 in August 2026. At the same time, new inventory declined, with 198 new listings compared with 235 the previous August, a decrease of 15.74%.

Properties spent an average of 34 days on the market, unchanged from August 2025.

Looking at major home types, detached homes recorded 45 sales with an average price of $1,962,291, while condo apartments accounted for 58 sales with an average price of $607,000. Condo townhomes averaged $789,667, freehold townhomes averaged $1,157,333, and the single semi-detached sale averaged $833,750.

For buyers and sellers considering Etobicoke real estate, these numbers highlight the importance of understanding current neighbourhood trends, property type, pricing and available inventory. Whether you are looking to buy a home, sell a property, purchase an Etobicoke condo or invest in real estate, having current local market information can help you make informed decisions.

Contact Maureen Reed, Sales Representative, for personalized advice about buying or selling real estate in Etobicoke, South Etobicoke and surrounding Toronto neighbourhoods.

Etobicoke Real Estate Market Shows Stable Prices Despite Fewer Sales in August 2026

The August 2026 real estate market in Etobicoke’s W6 communities—including Alderwood, Humber Bay, Long Branch, Mimico and New Toronto—showed a relatively stable average sale price, while the number of sales declined compared with August 2025.

There were 74 home sales in August 2026, compared with 82 sales in August 2025, representing a 9.76% decrease in sales activity.

At the same time, the average selling price increased slightly to $867,508, compared with $864,053 in August 2025. That represents a 0.40% increase, indicating that overall prices remained quite stable year over year.

More New Listings, But Homes Are Taking Longer to Sell
There were 189 new listings brought to the market in August 2026, compared with 191 in August 2025—a modest 1.05% decrease.

Properties also spent more time on the market. The average days on market increased from 34 days in August 2025 to 38 days in August 2026, an increase of 11.76%.

This suggests that buyers may have more time to consider their options, while sellers need to pay close attention to pricing, presentation and marketing strategy when listing a home for sale in Etobicoke.

August 2026 Sales & Average Prices by Home Type

The market varied considerably depending on the type of property:

• Detached homes: 16 sales with an average price of $1,371,688

• Semi-detached homes: 4 sales with an average price of $1,142,379

• Condo townhomes: 6 sales with an average price of $920,833

• Condo apartments: 44 sales with an average price of $642,661

• Freehold townhomes: 4 sales with an average price of $969,250

Condo apartments continued to account for the largest number of sales in the area, with 44 transactions in August 2026. This highlights the continued importance of the condominium market in communities such as Humber Bay, Mimico, Long Branch and New Toronto.

What Does This Mean for Buyers and Sellers?

For buyers, the increase in average days on market may provide additional opportunity to carefully evaluate properties and negotiate where appropriate. With a broad selection of housing types available, buyers can compare condos, townhomes, semi-detached homes and detached properties throughout Etobicoke.

For sellers, the market emphasizes the importance of getting the details right. A well-priced and well-presented property can stand out in a market where homes are taking slightly longer to sell.

Every neighbourhood and property is different, however, so city-wide or area-wide statistics should always be considered alongside the specific characteristics of your home.

Thinking About Buying or Selling in Etobicoke?

Whether you are considering a condo in Humber Bay or Mimico, a townhome in Long Branch, or a detached home in Alderwood or New Toronto, understanding current local market conditions can help you make a more informed decision.

For personalized advice about the Etobicoke real estate market, including your home's current market value or finding the right property to buy, contact Maureen Reed, Sales Representative.

Maureen Reed, Sales Representative
Direct: 416-895-4883
Office: 416-391-3232