The February 2026 real estate market in South Etobicoke — including Alderwood, Humber Bay, Long Branch, Mimico, and New Toronto — showed strong sales activity compared to last year.
Total home sales increased 45.3%, rising from 53 sales in February 2025 to 77 in February 2026. Despite the increase in demand, the average home price remained stable, moving slightly from $914,489 to $915,309, a modest 0.09% increase year-over-year.
New listings declined 13.8%, dropping from 188 to 162 properties, which indicates tightening inventory. At the same time, average days on market increased to 43 days, up from 34 days last year, reflecting a market where buyers are taking a little more time to make decisions.
In February 2026, condo apartments led sales activity with 28 transactions at an average price of $661,911, followed by detached homes with 12 sales averaging $1,358,917. Condo townhomes averaged $776,475, while freehold townhomes averaged $1,141,500.
Overall, the South Etobicoke housing market continues to show strong demand and price stability, making it an important time for both buyers and sellers to stay informed about local trends.
For more information about the Etobicoke real estate market, contact local Realtor Maureen Reed.
