GTA bidding competition edges up but sellers still wait for a turn
On the underbidding side, the Oakville, Ontario community of Eastlake — which had topped that list for four consecutive months — slipped to third place in September.
Ledbury Park in Toronto’s North York and Kleinburg in Vaughan displaced it, both higher-price communities where larger sale values amplify the median underbid amount in dollar terms.
Top 5 GTA overbidding neighbourhoods, September 2026
| Rank | Neighbourhood | Municipality | Median sold price | Median overbid amount |
|---|---|---|---|---|
| 1 | Little Portugal-Brockton Village | Old Toronto | $1,215,000 | +$153,000 |
| 2 | The Junction | Old Toronto | $1,165,000 | +$152,000 |
| 3 | Roncesvalles | Old Toronto | $1,630,000 | +$152,000 |
| 4 | Little Italy | Old Toronto | $1,578,000 | +$111,000 |
| 5 | Bloor West Village | Old Toronto | $1,600,000 | +$61,000 |
Top 5 GTA underbidding neighbourhoods, September 2026
| Rank | Neighbourhood | Municipality | Median sold price | Median underbid amount |
|---|---|---|---|---|
| 1 | Ledbury Park | North York | $3,000,000 | −$188,000 |
| 2 | Kleinburg | Vaughan | $2,300,000 | −$183,000 |
| 3 | Eastlake | Oakville | $2,535,000 | −$116,500 |
| 4 | Neighbourhood of King | King | $1,720,000 | −$99,000 |
| 5 | Old Oakville | Oakville | $1,575,000 | −$79,900 |
Source: Wahi Realty Inc., Brokerage; data from Information Technology Systems Ontario (ITSO) and the Toronto Regional Real Estate Board (TRREB)
Condos lag as single-family competition ticks higher
Single-family homes — detached, semi-detached, and freehold townhouses — attracted more competition than condos for the second consecutive month.
Some 28% of single-family transactions closed above the asking price in September, up from 21% in August and 25% in September 2025, according to Wahi.
The condo segment, which includes apartments and maintenance-fee townhouses, recorded just 15% of units selling above list price, flat year over year and only nominally improved from 12% in August.
