Malvern, Scarborough - August 2026 Real Estate Report

Malvern, Scarborough: What Your Home Is Actually Worth Right Now

If you live in Malvern and you haven't checked your home's value since your last property tax bill, you're probably working with stale numbers. Here's the real picture - straight, no chaser.

The Vibe: Houses vs. Condos in Malvern

Let's break down what's happening for us here in Malvern, because houses and condos are telling two very different stories right now.

Houses: The average sale price is sitting at $745,000, and listings are coming in around $769,900. Homes are selling at about 96.77% of list price - meaning buyers are successfully negotiating below asking. That's not a crisis, but it does mean sellers need to price sharp. The bigger flag? Homes are averaging 50 days on market. That's slow. Malvern houses rank 10 out of 11 for days-on-market speed across Scarborough - so if your house is sitting, you're not alone, but you do need a strategy.

• Average sale price: $745,000
• Average list price: $769,900
• Sale-to-list ratio: 96.77% (buyers are winning negotiations)
• Average days on market: 50
• Price per square foot: $491
• Rental yield: 5.00% per year
• Malvern house prices rank 12 out of 12 in Scarborough - the most affordable entry point in the area

Condos: The condo side is a bit more interesting. The HonestDoor Price has dipped 2.46% recently, but the predicted market value of $507,982 is actually trending up against the 3-month average of $504,937. That's a small but real sign of stabilization. Condos here rank 12 out of 25 for growth in Scarborough - putting Malvern condos in above-average territory on the neighbourhood leaderboard. Not leading the pack, but holding their own.

• HonestDoor Price (condos): $495,506
• Predicted market value: $507,982
• 3-month moving average: $504,937 (trending up)
• Estimated rent: $2,550 per month
• Rental yield: 3.82%
• Growth rank: 12 out of 25 in Scarborough - above average

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know what happened on your street last month, and it definitely doesn't reflect where buyer demand is sitting today.

The HonestDoor Price is updated in real time using actual market activity. For Malvern houses, that number is $827,068 - up 0.27% from the previous period. Your tax assessment isn't going to tell you that. For condo owners, the HonestDoor Price is $495,506, and the predicted value is already climbing above the recent average. That gap between what the city thinks your place is worth and what a buyer would actually pay today? That's the number that matters when you're making a real financial decision.

Think of the HonestDoor Price as your real-world check - the number you'd want in your back pocket before you call an agent, refinance, or decide whether to sell or rent.

The "So What?" - Thinking About Selling This Summer?

Honest answer: the Malvern house market is a buyers' market right now. Homes are sitting for 50 days on average, and buyers are knocking roughly 3% off the asking price before signing. That doesn't mean you shouldn't sell - it means you need to go in with clear eyes.

Here's what we'd tell a neighbour thinking about listing this summer:

• Price it right from day one - overpriced homes in a slow market get ignored, then discounted anyway
• Your HonestDoor Price of $827,068 is your anchor - use it to pressure-test whatever number your agent suggests
• Nearby neighbourhoods like Rouge ($1,061,508) and Agincourt North ($1,033,846) are priced significantly higher - Malvern's affordability is a real selling point for buyers who've been priced out of those areas
• If you own a condo and can hold, the predicted value trend is moving in the right direction - up 1.48% recently and ranked above average for growth in Scarborough
• Rental demand is solid - $3,729 per month estimated for houses means holding as a rental is a legitimate option if the sale math doesn't work for you right now

Bottom line: Malvern is affordable, it's stable, and it's not going anywhere. If you're selling, price smart and move fast. If you're holding, the rental numbers make that a reasonable play too. Either way - check your HonestDoor Price first. It's the most current number you've got.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.