Malvern, Scarborough - June 2026 Real Estate Report

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

If you've been glancing at your last property tax assessment and feeling pretty good about it, hold on. The real numbers in Malvern tell a more complicated story - and you deserve the straight version.

The Vibe: What's Happening on Our Streets

Let's break it down by property type, because houses and condos are moving in very different directions right now.

Houses in Malvern

The honest truth? Our house market is taking a breather. The average HonestDoor Price sits at $824,716, which is down 1.08% from the previous period. The predicted market value is $833,742, and that number is sliding - it's below the 3-month moving average of $844,496. That's a signal worth paying attention to.

On the sales floor, the one house that sold went for $745,000, which was about 96.77% of the list price. Translation: the buyer paid below asking. Listings are sitting at an average of $769,900 right now, with a price per square foot of around $491. Properties are spending an average of 50 days on the market before selling - that's slow, and it puts us at a days-on-market rank of 10 out of 11 in Scarborough. We are near the bottom of that leaderboard.

On the neighbourhood leaderboard, our house growth rate ranks 20 out of 25 in Scarborough - below average. On price, we rank 9 out of 11, which means we are among the most affordable options in the area. That cuts both ways - it's a tough pill if you're selling, but a real entry point if you're buying.

• Average HonestDoor Price (Houses): $824,716
• Predicted Market Value: $833,742
• 3-Month Moving Average: $844,496
• Average Sale Price: $745,000
• Average List Price: $769,900
• Price Per Square Foot: $491
• Sale-to-List Ratio: 96.77%
• Average Days on Market: 50
• Rental Estimate: $3,752/month
• Rental Yield: 4.98%
• Growth Rank: 20 out of 25 in Scarborough

Condos in Malvern

Here's where things get a little more interesting. Condo values are actually nudging upward. The predicted market value is $506,252, which is above the 3-month moving average of $503,665. That's a small but real move in the right direction. The average HonestDoor Price for condos is $500,553, down 1.13% from the previous period, but the short-term predicted trend is climbing - so there's a split signal here worth watching.

Condo growth ranks 13 out of 25 in Scarborough - right in the middle of the pack. Not a star performer, but not falling behind either. Nearby neighbourhoods like Morningside and Rouge are pricing higher, so we still have room to grow if the broader market cooperates.

• Average HonestDoor Price (Condos): $500,553
• Predicted Market Value: $506,252
• 3-Month Moving Average: $503,665
• Rental Estimate: $2,544/month
• Rental Yield: 3.82%
• Recent Value Change: 3.68%
• Growth Rank: 13 out of 25 in Scarborough
• Airbnb Rank in Scarborough: 9

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. It doesn't know that houses in Malvern are sitting for 50 days before selling, or that the predicted value is currently drifting below recent averages.

The HonestDoor Price is updated in real time using actual market activity. For houses, that number is $824,716 right now. For condos, it's $500,553. These aren't guesses - they're live calculations based on what buyers are actually doing in our market. If you're making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - the HonestDoor Price is the number to start with, not the one on your tax bill.

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

If you're a homeowner in Malvern thinking about listing this summer, here's the real talk.

For house sellers, the window is not wide open right now. Buyers are paying below asking, homes are sitting for nearly two months before selling, and the predicted value is trending down from its recent peak. That doesn't mean you can't sell - it means you need to price sharp from day one. Overpricing in this market will cost you time, and time costs money.

For condo owners, the picture is slightly better. Values are ticking up in the short term, and a rental yield of 3.82% means there's genuine investor interest in this product type. If your unit is in good shape, this summer could be a reasonable time to move.

One more thing worth knowing - if you're curious how Malvern stacks up against neighbours like Rouge (houses averaging $1,067,047) or Agincourt North ($1,021,014), we are priced well below both. That gap is either an opportunity or a warning sign depending on which side of the transaction you're on. Either way, go check your HonestDoor Price before you make any moves.

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.