PropertyMesh Research

The Fastest-Selling Housing Markets in Ontario

Ranked by how long a home actually spends on the market — not just its final listing. When a home is relisted, we chain the listings together, so a “sold in 5 days” that followed two failed listings counts its full time on market. That is the difference between this ranking and the days-on-market figure on a listing sheet.

Report period: 2026 Q2
Status: REVISED
Eligible sales: 36,197
Methodology: v1.1 · full notes

Finalized August 27, 2026 — these figures are frozen and will not change without a visible revision note.

Analyst commentary — 2026 Q2

Commentary for this report period has not been published yet. The figures on this page come straight from the finalized snapshot data above.

Fastest Markets — 2026 Q2

Median market time per city (all property types), lowest first. Ontario overall: 28 days.

Ontario cities ranked by median market time
City	Median market time	Eligible sales
1Thunder Bay	12 days	87
2Timmins	13 days	133
3North Bay	15 days	169
4Petawawa	15 days	133
5Wilmot	15 days	59
6Woolwich	18 days	64
7Whitby	18 days	379
8Pembroke	19 days	59
9Strathroy-caradoc	19 days	92
10Gravenhurst	20 days	50

Cities below the disclosure floor are excluded — sample sizes shown per city. Full table, every metric and every city: open the interactive index.

How Fast Homes Sell Across Ontario

The distribution matters as much as the median: a market where a third of homes sell inside a week behaves very differently from one where most sales take two months.

11.8%

Sold within 7 days (%) (Ontario)

29.8%

Sold within 14 days (%) (Ontario)

53.0%

Sold within 30 days (%) (Ontario)

24.1%

On market over 60 days (%) (Ontario)

Where the Market Is Speeding Up — or Slowing Down

Biggest changes in median market time among qualifying cities.

Year-over-year movement will appear here once the index has a full year of finalized quarters behind this one — the series starts in Q3 2025.

What a Fast Market Actually Means

A short median market time tells you demand is absorbing supply quickly — sellers get offers sooner and buyers have less time to deliberate. It does not tell you whether homes sell above or below asking; some fast markets clear quickly because sellers price sharply, not because buyers bid up. Pair this ranking with the above-asking report to see which fast markets are also competitive on price.

Because our market time merges relisting chains, our figures run longer than boards that reset the clock on every relisting — and closer to a buyer's real experience of how long a home has been for sale. The full rules are in the methodology, and our days-on-market guide explains how to read DOM on any listing.

This report describes how quickly homes have sold in past periods. It is not investment advice, and market speed is not a prediction of price growth — fast markets can cool and slow markets can tighten within a quarter. City figures require at least 50 eligible sales for the period; smaller markets are excluded rather than ranked on unstable samples.

Keep exploring

Ontario Market Heat Index
The full interactive index — every city, metric, period and property type.
Guide: Days on market, explained
What DOM really measures, why relistings distort it, and how to read it as a buyer or seller.
Where homes sell above asking
Which fast markets are also competitive on price — and which just price sharply.
Homebuyer negotiating room
The flip side: where buyers have leverage when homes sit longer.
Methodology
How relisting chains, disclosure floors and frozen periods work.
Browse Ontario listings
See current homes for sale in the markets ranked above.