PropertyMesh Research

Ontario Market Heat Index

How fast homes sell, how often they fetch asking price, and how much room buyers have to negotiate — measured city by city from MLS sold data, with relisting chains merged so the numbers reflect a home's full time on the market.

Period
Rolling 90 days
Status
LIVE
Last updated
August 31, 2026
Eligible sales
36,879
Qualifying cities
115
Methodology
v1.1 · notes

Rolling snapshot of the last 90 days (2026-06-03 to 2026-08-31). These figures update nightly as new sold data arrives and are not final — quarterly figures are finalized and frozen after each quarter closes.

Ontario at a Glance — Rolling 90 days

28 days
Median market time (CDOM, days)
unchanged vs 2026 Q2
52.6%
Sold within 30 days (%)
-0.4 pts vs 2026 Q2
20.7%
Sold at/above original asking (%)
-2.3 pts vs 2026 Q2
96.3%
Median sale-to-original-list ratio
-0.1 pts vs 2026 Q2
18.1%
Listings with a price reduction (%)
+0.9 pts vs 2026 Q2
partial history — see methodology
5.0%
Median discount when below asking (%)
unchanged vs 2026 Q2

City Rankings — Rolling 90 days

All property types · sorted by median discount — click any column to re-sort, click a city for its history. Cities below the disclosure floor (50 eligible sales) are listed but not ranked.

Median discount: When a home does sell below asking, this is the typical discount buyers got.
What does each column mean?
Sales:
How many eligible home sales the numbers are based on — more sales = more reliable numbers.
Median market time:
How many days the typical home takes to sell, counting from when it first hit the market (relistings included). Fewer days = hotter market.
Sold ≤ 30 days:
Share of homes that sold within a month. Higher = hotter market.
At/above asking:
Share of homes that sold for the original asking price or more. Higher = sellers are getting their price (hotter market).
Sale ÷ original ask:
The typical sale price as a share of the first asking price. 100% = homes sell for exactly what sellers first asked; below 100% = buyers pay less.
Reduction rate:
Share of sold homes that cut their asking price at least once before selling. Higher = sellers are having to lower expectations (cooler market).
Median discount:
When a home does sell below asking, this is the typical discount buyers got.
City ranking with median market time, sold-within-30-days share, at-or-above-asking share, sale-to-original-list ratio, price-reduction rate and median discount. Click a column heading to sort; click a city for its historical trend.
1Tiny7443 days41.9%9.5%91.3%17.6%9.0%
2South Bruce Peninsula5135 days41.2%19.6%93.9%13.7%8.2%
3Huntsville11447 days35.1%9.6%92.6%25.4%8.0%
4Clearview6846 days35.3%7.4%92.8%33.8%7.9%
5Rideau Lakes5541 days43.6%14.5%92.6%25.5%7.8%
6Blue Mountains5544 days29.1%5.5%92.9%20.0%7.8%
7Trent Hills7448 days37.8%14.9%93.9%18.9%7.7%
8Severn5722 days56.1%12.3%93.2%21.1%7.7%
9King5846 days44.8%13.8%93.8%12.1%7.7%
10Muskoka Lakes8321 days55.4%13.3%93.9%18.1%7.4%
11Central Elgin5338 days41.5%17.0%94.5%20.8%7.2%
12Selwyn7528 days54.7%21.3%95.5%18.7%6.7%
13Frontenac14334 days44.1%14.7%95.1%23.1%6.6%
14Gravenhurst5828 days53.4%13.8%94.6%10.3%6.5%
15Prince Edward County13151 days32.1%12.2%94.5%18.3%6.5%
16Haldimand11936 days45.4%10.1%94.1%30.3%6.5%
17Dysart Et Al7638 days39.5%18.4%95.5%23.7%6.5%
18Middlesex Centre6541 days40.0%24.6%95.8%21.5%6.4%
19Tillsonburg8541 days36.5%12.9%94.5%35.3%6.3%
20Thorold9132 days48.4%18.7%94.9%24.2%6.2%
21Collingwood14346 days38.5%4.9%94.0%26.6%6.2%
22Port Colborne6037 days46.7%13.3%95.0%26.7%6.2%
23Aurora17437 days42.5%17.8%95.6%15.5%6.2%
24Fort Erie16442 days42.1%10.4%94.5%25.6%6.2%
25East Gwillimbury10928 days53.2%23.9%96.1%21.1%6.1%
26Minden Hills5527 days54.5%12.7%95.8%10.9%6.1%
27Niagara Falls30336 days45.5%17.5%95.3%25.7%6.0%
28Richmond Hill51733 days48.2%29.8%96.5%13.7%6.0%
29South Stormont5634 days48.2%25.0%95.7%28.6%6.0%
30Kawartha Lakes34136 days44.3%13.2%95.0%21.7%6.0%
31Wellington North5059 days38.0%8.0%95.0%24.0%5.9%
32Norfolk13044 days41.5%13.1%94.9%31.5%5.9%
33Oakville69134 days47.2%12.7%95.0%17.5%5.8%
34Grimsby10629 days51.9%12.3%95.3%15.1%5.8%
35Lambton Shores5432 days46.3%20.4%96.3%11.1%5.8%
36Welland18036 days45.0%6.1%94.7%31.1%5.7%
37Markham82625 days59.7%35.6%97.0%12.2%5.6%
38West Grey5247 days40.4%7.7%95.0%19.2%5.6%
39Toronto5,89227 days55.0%25.0%96.3%13.9%5.6%
40Niagara-on-the-lake9139 days38.5%4.4%94.6%24.2%5.5%
41Cobourg9430 days51.1%17.0%96.2%17.0%5.5%
42Hamilton1,22930 days50.0%14.4%95.6%23.2%5.5%
43Timmins16614 days78.3%65.1%104.2%7.2%5.5%
44Midland5836 days41.4%6.9%95.2%24.1%5.4%
45Vaughan76328 days53.3%21.8%96.0%12.7%5.4%
46Ramara5131 days49.0%5.9%94.7%15.7%5.4%
47Georgina19132 days48.7%15.7%95.2%22.5%5.3%
48Orillia15134 days45.7%12.6%95.6%21.9%5.3%
49Essa6735 days41.8%7.5%95.3%17.9%5.3%
50Kenora6016 days86.7%66.7%101.8%6.7%5.2%
51Wilmot5229 days53.8%34.6%97.9%23.1%5.2%
52Saugeen Shores9436 days43.6%20.2%95.7%30.9%5.2%
53Pelham6725 days55.2%19.4%96.1%19.4%5.2%
54Newmarket23923 days59.8%24.7%96.3%16.7%5.2%
55Brockville9335 days48.9%16.1%96.5%29.0%5.1%
56Caledon18831 days48.4%12.2%95.6%16.0%5.1%
57New Tecumseth13538 days43.0%9.6%95.9%21.5%5.0%
58Brampton1,31126 days55.5%21.9%96.2%11.4%5.0%
59Oro-medonte8030 days51.3%16.3%96.0%17.5%4.9%
60Mississauga1,37728 days53.0%19.1%96.1%14.5%4.9%
61Bradford West Gwillimbury12429 days52.4%14.5%95.9%15.3%4.9%
62Belleville22639 days43.4%13.3%96.0%24.8%4.9%
63Wasaga Beach15945 days40.3%6.9%95.5%16.4%4.9%
64Brighton5842 days37.9%17.2%96.2%32.8%4.9%
65Guelph39834 days47.5%17.6%96.1%21.4%4.9%
66Halton Hills16822 days61.3%10.7%95.8%16.7%4.9%
67Bracebridge8625 days57.0%11.6%95.9%14.0%4.9%
68Quinte West18035 days44.4%21.7%96.9%28.3%4.8%
69Uxbridge7127 days54.9%14.1%96.1%15.5%4.8%
70Burlington63727 days54.5%15.7%96.2%18.8%4.8%
71West Nipissing5036 days44.0%10.0%95.4%24.0%4.8%
72London1,15229 days51.8%17.1%96.3%20.6%4.7%
73Innisfil15329 days52.3%15.0%95.7%11.1%4.7%
74Kincardine6728 days55.2%17.9%96.0%20.9%4.7%
75Brant9036 days42.2%14.4%96.0%14.4%4.6%
76Orangeville9035 days46.7%11.1%95.7%21.1%4.6%
77Thunder Bay32814 days84.5%71.6%104.9%6.4%4.6%
78Pembroke6533 days44.6%12.3%95.6%33.8%4.6%
79Stratford11134 days48.6%19.8%96.9%27.9%4.6%
80Centre Wellington13628 days54.4%14.0%96.4%19.9%4.5%
81St. Catharines39627 days55.3%14.4%96.3%24.0%4.5%
82Port Hope6620 days63.6%24.2%96.7%18.2%4.5%
83Brantford22426 days57.1%17.9%96.5%18.3%4.5%
84North Bay20315 days75.9%39.9%98.3%18.7%4.4%
85St. Thomas16426 days54.9%14.0%96.3%25.0%4.4%
86Kingston43327 days54.3%14.5%96.4%17.8%4.4%
87Mississippi Mills5532 days47.3%12.7%96.1%12.7%4.4%
88Owen Sound7533 days46.7%8.0%96.1%20.0%4.4%
89Lincoln9033 days43.3%10.0%96.0%15.6%4.4%
90Waterloo29022 days59.7%38.3%98.4%12.4%4.4%
91Petawawa8226 days61.0%22.0%97.3%30.5%4.3%
92Pickering34124 days61.9%27.6%97.4%10.6%4.3%
93Whitby38821 days63.9%24.5%97.2%13.7%4.3%
94Cornwall18730 days50.3%19.8%97.0%31.6%4.2%
95Kitchener51523 days61.7%41.6%98.8%15.3%4.2%
96Cambridge32623 days60.4%36.2%97.9%19.9%4.1%
97Oshawa45521 days62.6%28.8%97.6%12.7%4.1%
98Whitchurch-stouffville14228 days52.8%16.9%96.8%24.6%4.0%
99Barrie50227 days54.8%11.2%96.5%14.1%4.0%
100Peterborough26126 days59.4%15.4%96.4%20.3%4.0%
101Woodstock18424 days58.2%12.5%96.6%23.4%4.0%
102Milton37626 days58.0%17.3%96.8%16.2%3.9%
103Springwater6738 days44.8%10.4%96.4%19.4%3.9%
104Tay5228 days51.9%11.5%96.5%25.0%3.9%
105Clarington35120 days65.2%26.8%97.6%12.0%3.9%
106Strathroy-caradoc7719 days62.3%18.2%96.6%19.5%3.8%
107Scugog7431 days50.0%10.8%96.6%13.5%3.8%
108Ottawa3,10427 days54.9%20.0%97.2%19.3%3.8%
109Loyalist8234 days47.6%12.2%96.8%18.3%3.7%
110Ajax25420 days66.5%33.1%97.9%6.7%3.7%
111Russell8140 days45.7%12.3%97.1%29.6%3.6%
112Clarence-rockland12040 days43.3%15.8%96.8%19.2%3.6%
113North Grenville7938 days40.5%21.5%97.8%15.2%3.3%
114Carleton Place7240 days38.9%11.1%97.4%29.2%3.2%
115North Perth5025 days58.0%22.0%97.4%24.0%3.2%

The shaded column (median discount) is coloured from cooler (blue) to hotter (red) market. Scroll the table sideways for more columns — the city column stays put.

On the Map — Median discount

Each dot is a qualifying city, colored by median discount when below asking (%). Every mapped value also appears in the city ranking table above.

Median discount
CoolerHotter

City History

Click a city in the ranking table above to see its quarterly history — market time, at/above-asking rate, reduction rate, ratio and sample size over time.

Market speedRolling 90 days

How fast homes actually sell, measured on full relisting chains — a home relisted three times counts its whole time on market, not just the last listing.

28 days
Median market time (CDOM, days) (Ontario)
10.0%
Sold within 7 days (%) (Ontario)
27.7%
Sold within 14 days (%) (Ontario)
52.6%
Sold within 30 days (%) (Ontario)
24.6%
On market over 60 days (%) (Ontario)
City ranking with median market time, sold-within-30-days share, at-or-above-asking share, sale-to-original-list ratio, price-reduction rate and median discount. Click a column heading to sort; click a city for its historical trend.
1Wellington North5059 days2.0%14.0%38.0%50.0%
2Prince Edward County13151 days4.6%12.2%32.1%44.3%
3Trent Hills7448 days8.1%16.2%37.8%35.1%
4Huntsville11447 days6.1%14.0%35.1%36.0%
5West Grey5247 days7.7%17.3%40.4%44.2%
6Clearview6846 days2.9%19.1%35.3%41.2%
7Collingwood14346 days2.8%15.4%38.5%37.8%
8King5846 days8.6%20.7%44.8%44.8%
9Wasaga Beach15945 days7.5%18.2%40.3%40.9%
10Blue Mountains5544 days1.8%10.9%29.1%41.8%

Asking-price performanceRolling 90 days

How sale prices compare with what sellers originally asked. Ratios use the first asking price of the relisting chain, so re-lists at a lower price cannot flatter the numbers.

20.7%
Sold at/above original asking (%) (Ontario)
96.3%
Median sale-to-original-list ratio (Ontario)
97.4%
Median sale-to-final-list ratio (Ontario)
City ranking with median market time, sold-within-30-days share, at-or-above-asking share, sale-to-original-list ratio, price-reduction rate and median discount. Click a column heading to sort; click a city for its historical trend.
1Thunder Bay32871.6%104.9%104.9%
2Kenora6066.7%101.8%101.8%
3Timmins16665.1%104.2%104.2%
4Kitchener51541.6%98.8%98.8%
5North Bay20339.9%98.3%98.7%
6Waterloo29038.3%98.4%98.4%
7Cambridge32636.2%97.9%98.3%
8Markham82635.6%97.0%97.5%
9Wilmot5234.6%97.9%98.4%
10Ajax25433.1%97.9%98.1%

Price reductionsRolling 90 days

How often sellers cut the price before selling, how quickly, and by how much. Total reduction sums every observed cut against the original asking price.

18.1%
Listings with a price reduction (%) (Ontario)
31 days
Median days to first reduction (Ontario)
4.0%
Median first reduction (%) (Ontario)
4.0%
Median total reduction (% of original ask) (Ontario)

Price-change events have been captured in full since August 2026; earlier windows reflect the last observed change per listing only, so reduction figures for this period are a floor, not an exact rate.

City ranking with median market time, sold-within-30-days share, at-or-above-asking share, sale-to-original-list ratio, price-reduction rate and median discount. Click a column heading to sort; click a city for its historical trend.
1Tillsonburg8535.3%37 days3.3%4.0%
2Clearview6833.8%56 days5.9%5.7%
3Pembroke6533.8%26 days4.0%3.8%
4Brighton5832.8%29 days3.8%4.1%
5Cornwall18731.6%35 days3.4%3.4%
6Norfolk13031.5%44 days4.3%4.1%
7Welland18031.1%25 days3.4%3.4%
8Saugeen Shores9430.9%52 days3.8%3.8%
9Petawawa8230.5%20 days3.3%3.3%
10Haldimand11930.3%47 days4.1%4.1%

Buyer negotiating roomRolling 90 days

When homes sell below the original asking price, how large the gap typically is.

79.3%
Sold below original asking (%) (Ontario)
5.0%
Median discount when below asking (%) (Ontario)
City ranking with median market time, sold-within-30-days share, at-or-above-asking share, sale-to-original-list ratio, price-reduction rate and median discount. Click a column heading to sort; click a city for its historical trend.
1Niagara-on-the-lake9195.6%5.5%
2Collingwood14395.1%6.2%
3Blue Mountains5594.5%7.8%
4Ramara5194.1%5.4%
5Welland18093.9%5.7%
6Midland5893.1%5.4%
7Wasaga Beach15993.1%4.9%
8Clearview6892.6%7.9%
9Essa6792.5%5.3%
10West Grey5292.3%5.6%

Reports & Guides

Deeper analysis built on the same finalized snapshots, plus evergreen explainers for the metrics on this page.

The fastest-selling housing markets in Ontario

Median market time rankings, speed distribution and the biggest movers.

Where Ontario homes sell above asking

Above-ask rates and both sale-to-list ratios — with the list-low context.

Ontario home price reductions

Where sellers are cutting, how fast, and how deep.

Homebuyer negotiating room

Where the asking-to-sold gap is widest — and what it can’t promise.

Detached home market heat

The detached segment: speed, asking-price performance and reductions.

Condo market heat

Condo apartments, tracked separately from freehold.

Townhouse market heat

Freehold rows and condo townhouses, side by side.

City report: Whitby

Ontario’s fastest-selling market, up close.

City report: Kitchener

The province’s most competitive market on asking price.

City report: Hamilton

A big market where price reductions run high.

Toronto neighbourhoods (pilot)

Neighbourhood-level market speed — our below-city pilot.

Guide: Days on market (DOM), explained

What DOM measures and how relistings distort it.

Guide: Original vs final asking price

Why the first ask is the honest benchmark.

Guide: Home price reductions

Reading cut history as a buyer; timing a cut as a seller.

Guide: Sale-to-list price ratio

How to read 98% vs 103% — and the list-low trap.

Archive & Downloads

Every published period, including the current quarter-to-date snapshot. Preliminary figures change nightly; finalized periods are frozen and never change without a visible revision. CSV downloads include the full city × property-type aggregate table (plus the Toronto neighbourhood pilot rows) with methodology version and usage notes.

Usage conditions: figures are free to cite and republish in aggregate form with attribution to “PropertyMesh Ontario Market Heat Index” and a link back to this page. Don’t present them as official board statistics, strip the disclosure flags, or use them as investment advice — full rules in the methodology.

Historical archive of Market Heat Index periods
PeriodStatusSales analysedFinalizedDownload
2026 Q3Preliminary · quarter to date23,362Through August 31, 2026CSV
2026 Q2REVISED (rev 2)36,197August 27, 2026CSV

Methodology & Notes

Source. MLS sold records for Ontario resale residential properties (detached, semi-detached, freehold and condo townhouses, condo apartments), refreshed nightly. Sales are dated by the purchase-contract date.

Market time. The MLS feed does not provide a reliable cumulative days-on-market figure, so we compute our own: when a home is relisted (same address and unit, prior listing ending within a validated window), the listings are chained together and time on market accumulates across the whole chain.

Asking-price ratios. Sale-to-original-list uses the first asking price of the relisting chain — a home relisted at a lower price cannot flatter the ratio. Sale-to-final-list uses the sold listing's last asking price.

Price reductions. Reduction metrics count observed price-decrease events; the total reduction sums all cuts against the original asking price (increases are ignored). Full event capture began in August 2026 — periods starting earlier are flagged as partial and understate reduction activity.

Disclosure floors. City figures require at least 50 eligible sales for the period (25 per property-type cut). Cells below the floor are shown as “insufficient data” rather than ranked — small samples produce unstable, misleading rates.

Coverage. Figures are based on TRREB (Toronto Regional Real Estate Board) transactions via the PropTx feed. Coverage of the Greater Toronto Area is comprehensive; outside the GTA, only sales involving a TRREB member are captured, so coverage is partial and cities below the disclosure floor are shown but not ranked. The series starts in Q3 2025; the feed's historical coverage before that is incomplete and would misstate the market. Toronto MLS districts are merged into Toronto, and London's feed subdivisions are merged into London.

Frozen periods. Completed quarters and years are finalized and frozen: their published values never change silently. Corrections are released as visible revisions with a reason.

Privacy & rights. Everything published here is an aggregate that meets the disclosure floors above. Individual sold prices are not shown on this page; listing-level sold data is available on PropertyMesh behind a free sign-in, per MLS data rules.

Citing this data. Free to cite with attribution to PropertyMesh (“PropertyMesh Ontario Market Heat Index”). Each archived period has a CSV download with the full aggregate table, methodology version and usage notes. For questions or custom cuts, contact us.