Ontario's market this morning: 79,024 homes for sale, median ask $699,900
Tuesday, November 10 — city medians hide the real story. In today's featured market, Forest Hill South, the median ask is $3,999,000 — and across Toronto's prestige pockets the median asking price swings by $4,895,000 from one neighbourhood to the next: $1,100,000 in Banbury-Don Mills, $5,995,000 in Bridle Path-Sunnybrook-York Mills.
The headline numbers
- 79,024 homes for sale in Ontario this morning; the median asking price is $699,900.
- 37,076 homes for lease, median asking rent $2,100 a month.
- Detached homes are 45% of everything for sale — 35,379 listings — still the market's centre of gravity.
- Toronto: 12,514 homes for sale, median ask $780,000 — and 43% of that supply (5,393 listings) is condo apartments. Province-wide, condos are just 14% of what's for sale. Toronto's market and Ontario's market are built from different housing.
Where the inventory sits
The asking-price spread tells you who this market is stocked for. Of everything for sale in Ontario today, 29.0% asks under $500,000 (22,912 listings) and 42.4% sits between $500,000 and $1 million (33,502) — the first-time and move-up bands hold nearly three-quarters of all supply. The top is thinner than the headlines suggest: 19.0% asks $1–2 million, and just 9.6% (7,565 listings) asks $2 million or more. In plain terms, Ontario's active market is a mid-market: the competition, the choice, and most of the eventual deals live between $500,000 and $1 million.
Featured market: Forest Hill South, neighbourhood by neighbourhood
Forest Hill South's own numbers — 86 homes for sale, median ask $3,999,000, plus 77 for lease — sit more than five times above Toronto's city-wide median of $780,000. But even Toronto's prestige pockets don't move as one market. Today's table is Forest Hill South plus its prestige peer neighbourhoods across Toronto — the eight biggest pools among those pockets. The split:
- Banbury-Don Mills — 196 listings, median $1,100,000. The most affordable pool among the eight — the entry point to this prestige table.
- Bridle Path-Sunnybrook-York Mills — 91 listings, median $5,995,000. The priciest pool in the table — more than five times the Banbury-Don Mills median.
- St. Andrew-Windfields — 121 listings, median $2,995,000.
- Rosedale-Moore Park — 118 listings, median $1,998,000.
- Bedford Park-Nortown — 110 listings, median $2,495,000.
- Casa Loma — 89 listings, median $1,998,000.
- Forest Hill South — 86 listings, median $3,999,000.
- Lawrence Park South — 77 listings, median $2,795,000.
One city, a $4,895,000 spread between neighbourhood medians — all of them prestige addresses. A buyer working with a $1,100,000 budget is right at the median in Banbury-Don Mills — and barely shopping at all in Bridle Path-Sunnybrook-York Mills, where that budget sits $4,895,000 below the neighbourhood median. This is why the Brief will keep drilling to the neighbourhood level: the city median is the average of markets that don't compete with each other. Explore the area on our Forest Hill South homes for sale page.
What it means
If you're buying: shop the neighbourhood, not the city. Toronto's $780,000 median describes almost nothing about its prestige pockets, where medians run from $1,100,000 to $5,995,000 — your budget is strong in one pool and a stretch in the next. Province-wide, the $500,000–$1,000,000 band holds the most choice — 33,502 listings — so patience there is rewarded with options.
If you're selling: your competition is your neighbourhood's active listings, not your city's. A Banbury-Don Mills seller is competing with 196 listings around a $1,100,000 median; a Bridle Path-Sunnybrook-York Mills seller with 91 around $5,995,000. Price against the pool you're actually in — our pricing strategy guide covers how.
Numbers: HomesFound's live MLS® feed (PropTx), pulled November 9, 2026 at about 8:18 p.m. ET. Everything here describes active listings and asking prices only. Sold prices are VOW data — available to signed-in HomesFound members under the VOW terms, and never published in the Brief. Figures move as listings come and go.