Ontario's market this morning: 78,861 homes for sale, median ask $699,900
Thursday, November 12 — city medians hide the real story. In today's featured market, Bridle Path-Sunnybrook-York Mills, the median ask is $5,750,000 — and across Toronto's prestige pockets the median asking price swings by $4,600,000 from one neighbourhood to the next: $1,150,000 in Banbury-Don Mills, $5,750,000 in Bridle Path-Sunnybrook-York Mills.
The headline numbers
- 78,861 homes for sale in Ontario this morning; the median asking price is $699,900.
- 37,280 homes for lease, median asking rent $2,100 a month.
- Detached homes are 45% of everything for sale — 35,175 listings — still the market's centre of gravity.
- Toronto: 12,502 homes for sale, median ask $779,900 — and 43% of that supply (5,378 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, 29.1% asks under $500,000 (22,938 listings) and 42.4% sits between $500,000 and $1 million (33,430) — the first-time and move-up bands hold nearly three-quarters of all supply. The top is thinner than the headlines suggest: 18.9% asks $1–2 million, and just 9.6% (7,563 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: Bridle Path-Sunnybrook-York Mills, neighbourhood by neighbourhood
Bridle Path-Sunnybrook-York Mills' own numbers — 92 homes for sale, median ask $5,750,000, plus 16 for lease — sit more than seven times above Toronto's city-wide median of $779,900. But even Toronto's prestige pockets don't move as one market. Today's table is Bridle Path-Sunnybrook-York Mills plus its prestige peer neighbourhoods across Toronto — the eight biggest pools among those pockets. The split:
- Banbury-Don Mills — 194 listings, median $1,150,000. The most affordable pool among the eight — the entry point to this prestige table.
- Bridle Path-Sunnybrook-York Mills — 92 listings, median $5,750,000. The priciest pool in the table — exactly five times the Banbury-Don Mills median.
- Rosedale-Moore Park — 121 listings, median $1,980,000.
- St. Andrew-Windfields — 116 listings, median $2,988,000.
- Bedford Park-Nortown — 112 listings, median $2,498,000.
- Casa Loma — 88 listings, median $1,998,000.
- Forest Hill South — 88 listings, median $3,999,000.
- Lawrence Park South — 78 listings, median $2,795,000.
One city, a $4,600,000 spread between neighbourhood medians — all of them prestige addresses. A buyer working with a $1,150,000 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 $4,600,000 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 Bridle Path-Sunnybrook-York Mills homes for sale page.
What it means
If you're buying: shop the neighbourhood, not the city. Toronto's $779,900 median describes almost nothing about its prestige pockets, where medians run from $1,150,000 to $5,750,000 — 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 — 33,430 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 194 listings around a $1,150,000 median; a Bridle Path-Sunnybrook-York Mills seller with 92 around $5,750,000. Price against the pool you're actually in — our pricing strategy guide covers how.
Numbers: HomesFound's live MLS® feed (PropTx), pulled November 11, 2026 at about 8:15 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.