We’re starting to see some bidding wars and homes selling over list price in certain areas we’re working in with clients, and we thought it was worth examining how common that is these days.
We pulled the data for freehold properties in Toronto, York, Peel, Durham, Halton, Dufferin and Simcoe to see exactly where these three day markets exist and to what extent. Let’s get into it.
Toronto – Home of the 11%
When we look at the City of Toronto, it is by far the place where the three day market is most prevalent.
As of April 17, 2026, there have been 2,465 sales in Toronto so far this year. 276 of these sales happened in three days or less, which means that 11% of the Toronto market transacted that quickly. The homes are generally three bedroom, three washroom houses.
The average sale to list price for these 276 homes was 106%, so these sellers received, on average, about $76,000 more than their list price. Whether this was a result of the sellers holding back offers until a certain date and then receiving a bully offer they accepted, or simply a quick acting buyer who offered more than list price shortly after listing, Toronto was one of two parts of the GTA where these quick sales also netted sellers more than list price.
Durham – 2nd Place Ain’t Bad
The only other part of the GTA that saw an average sale to list price of over 100% was Durham.
As of April 17, 2026, Durham has had 1,608 sales in the region so far, and 106 of those sales happened in three days or less on market. This means about 7% of all of the sales in 2026 in Durham happened on a very quick basis, and the average sale to list price was about 102%.
With an average list price in Durham of about $910,000 for these quick sales, it means that these sellers not only sold quickly, they made about $14K more than their list price. Just like Toronto, these homes had three bedrooms and three washrooms, which means they’re quite suitable for a family.
York – Close, but No Cigar
While all five of the remaining areas with the GTA saw a number of these quick sales, none of them had a sale to list price ratio of over 100%. York came closest to the mark of these five, with a sale to list price ratio of just under 100%.
There were 1,917 sales in York Region in 2026 as of April 17, 2026, and about 5% of these sales happened in three days or less. These 96 homes sold for, on average, about $6,000 less than their list price, so while they sold quickly, it wasn’t the same sort of market where sellers got more in a very quick fashion. They were slightly larger homes than we saw in Toronto and Durham, with four bedrooms and four washrooms on average.
Peel – 92 sales and 95% over Three Days
As of April 17, 2026, Peel has seen 1,883 sales this year and just 92 of those sales took place in three days or less. That works out to about 5% of the total sales, and on average, the sellers of these four bedroom, three washroom homes got about $10K less than their list price. With 95% of properties selling over that three day window, the Peel market was definitely not the hottest in the GTA.
Halton – 1% Under List Price
Halton is our first part of the GTA to see a list to sale price ratio of 99%, which worked out to sellers taking about $11K less than the list price. As of April 17, 2026, Halton has seen 1,187 sales and just 71 of those of those homes sold in three days or less. That means that just 6% of the properties sold so far this year (which were three bedroom, three washroom homes on average) sold in a very speedy fashion.
Simcoe – The Second Smallest Level of Sales and the Smallest Homes
Simcoe has had 1,475 sales in 2026 as of April 17, 2026, with just 3% of those sales taking place in three days or less. These 40 homes were also the smallest homes to sell in that timeframe in all of the GTA, with an average size of three bedrooms and two washrooms. They sold for about $8K less than list price, but with the lowest average sale price in the GTA, that number below list isn’t too surprising.
Dufferin – Just Three Houses Sold in Under Three Days
Our final area to review is Dufferin, which saw just three of the 148 sales so far this year (as of April 17, 2026) sell in under three days. That works out to 2% of the total sales and while the sale to list price ration was 96%, with just three sales, that number isn’t reliable. Similarly, the $27K under list price that these sellers took in order to sell so quickly seems reflective more of buyers pushing hard, rather than a hot market.
Nobody buys or sells the market as a whole. Whether you’re looking to purchase a property or sell one – or both – you’re always dealing with a specific housing type, area and price point. While what is happening in “the” market can be interesting, it is often not the same as what is happening in any of these sub-markets. We hope you found this review helpful, and that seeing which parts of the GTA have been seeing some quick sales – and the impact that has had on the prices for these sales – gave you a better understanding of the differing markets we’re seeing.
If you are thinking about making a move, then you need to know what’s happening in your market, not the market. Get in touch with us and we’ll show you exactly what is happening where you live and where you want to live.
