Malvern, Scarborough - July 2026 Real Estate Report

Malvern, Scarborough: Your Neighbour Isn't Telling You This About Home Prices

If you own a home in Malvern and you're still going off your city tax assessment, you're working with stale numbers. Here's the real picture - straight, no chaser.

The Vibe: What's Actually Happening in Our Market

Malvern is holding its ground, but the story is different depending on whether you own a house or a condo. Let's break it down.

Houses in Malvern

If you've been watching the "For Sale" signs on our streets, here's what's actually happening. Houses are selling, but buyers have the upper hand right now. The average sale price landed at $745,000 last month, and homes are sitting on the market for about 50 days before a deal gets done. That's slow. Sellers are also accepting offers at roughly 96.77% of their asking price - meaning if you list at $770,000, expect to close closer to $745,000.

• Average HonestDoor Price: $824,802
• Average Sale Price: $745,000
• Average List Price This Month: $769,900
• Price Per Square Foot: $491
• Average Days on Market: 50
• Sale-to-List Ratio: 96.77% - buyers are paying below ask
• Estimated Monthly Rent: $3,720
• Rental Yield: 5.00%

On the neighbourhood leaderboard, Malvern houses rank 4 out of 24 in Scarborough for growth. That's a genuinely strong position - we're outpacing most of the borough. The flip side? We rank 11 out of 11 for price, meaning we're the most affordable house market in our Scarborough comparison group. For buyers, that's a green light. For sellers, it means pricing strategy matters more than ever right now.

One more thing worth knowing: the 3-month moving average for house values sits at $830,340, and the current predicted value of $824,716 is trending slightly below that. The market is taking a breather. Not crashing - just cooling off a touch.

Condos in Malvern

Our condo market is telling a slightly different story - and it's a bit more encouraging. The HonestDoor Price for condos is up 1.48% from last period, sitting at $507,965. More importantly, the predicted value of $500,553 is actually creeping up against the 3-month moving average of $498,362. That's a small but real sign of momentum.

• Average HonestDoor Price: $507,965 - up 1.48%
• Predicted Market Value: $500,553
• 3-Month Moving Average: $498,362 - trending up
• Estimated Monthly Rent: $2,550
• Rental Yield: 3.83%
• Airbnb Estimate: $127 per night
• Airbnb Rank in Scarborough: 10 out of 25

On the growth leaderboard, Malvern condos rank 16 out of 25 in Scarborough. Below average, honestly. Nearby Rouge and Morningside condos are priced higher - Rouge sits around $582,625 and Morningside around $564,153. We're more affordable, but we're not growing as fast as those neighbours. If you own a condo here, it's not panic time, but it's worth keeping a close eye on things.

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

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. The HonestDoor Price is updated in real time, pulling in actual recent sales and current market signals. For Malvern house owners, there's a meaningful gap worth understanding: the HonestDoor Price is $824,802, while the average recent sale price came in at $745,000. That gap tells you something important about where the market sits versus where it's been valued.

If you're making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - the HonestDoor Price is the real-world check you need. Don't wait for the city to catch up.

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

Straight talk: this is a buyers' market for houses in Malvern right now. Homes are sitting for 50 days on average, and buyers are negotiating below list price. That doesn't mean you shouldn't sell - it means you need to go in with a smart price from day one. Overpricing will cost you time, and time on market hurts your final number.

The good news? Malvern's growth rank of 4 out of 24 in Scarborough means we're still a neighbourhood people want to be in. That's real leverage. Price it right, present it well, and there's a buyer out there.

For condo owners thinking about selling, the slight upward tick in values is a decent sign, but with a growth rank of 16 out of 25, you're not in a rush-to-list situation. Watch the next 60 days and see if that momentum holds.

Bottom line - check your HonestDoor Price today. It takes two minutes and it's the most current number you'll find. That's the starting point for any smart move this summer.

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.