Malvern, Scarborough - October 2026 Real Estate Report
Malvern, Scarborough: Your Neighbour Probably Doesn't Know This Yet
If you own a home in Malvern and you haven't checked your property value lately, now is the time to pay attention. The market here is shifting - not crashing, not booming, but moving in ways that matter to your wallet. Here is the real breakdown.
The Vibe: What Is Actually Happening in Our Neighbourhood
Let's split this into two stories, because houses and condos are telling very different ones right now.
Houses in Malvern - Affordable, Slow, But Holding Ground
If you have been watching the "For Sale" signs on our streets, here is what is actually happening. Houses are moving slowly - an average of 50 days on market - and buyers are negotiating. The one house that sold recently went for 96.77% of its list price, meaning the seller left some money on the table. That is the reality of where we sit right now.
- Average HonestDoor Price: $817,565 (down 3.21% from last period)
- Average sale price: $745,000
- Current average list price: $769,900
- Price per square foot: $491
- Average days on market: 50
- Sale-to-list ratio: 96.77% - buyers are paying below asking
- Predicted market value: $844,723 (up from the 3-month average of $832,197)
- Estimated monthly rent: $3,783 with a rental yield of 4.96%
Here is the neighbourhood leaderboard stat worth knowing. On growth, Malvern houses rank 12 out of 25 neighbourhoods in Scarborough - that puts us in above-average territory. On price, we rank 12 out of 12, meaning we are the most affordable option in our comparison group. For buyers, that is a green light. For sellers, it means pricing sharp is not optional - it is essential.
The days-on-market rank is 11 out of 13, which tells us homes here are among the slowest sellers in Scarborough right now. The market is taking a breather. That does not mean panic - it means strategy.
Condos in Malvern - Taking a Breather
Our condo market is softer. Values have dipped 0.45% recently, and the predicted value of $493,252 is actually sitting below the 3-month moving average of $498,914. That is a gentle slide, not a freefall, but it is worth watching.
- Average HonestDoor Price: $479,982 (down 2.69% from last period)
- Predicted market value: $493,252
- 3-month moving average: $498,914
- Estimated monthly rent: $2,486 with a rental yield of 3.85%
- Airbnb estimate: $120 per night
- Growth rank: 17 out of 25 neighbourhoods in Scarborough - below average
Nearby condos in Morningside are predicted at $511,987 and Rouge at $577,363. We are trailing both. If you own a condo here and are thinking about your next move, that gap is the conversation to have with yourself right now.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here is something most homeowners in Malvern do not realize. The city's property assessment is a snapshot frozen in time. It does not update with the market. It does not know that house prices shifted 3.21% recently. It does not care that your predicted value just climbed to $844,723 while the assessment is still catching up.
The HonestDoor Price is a real-world check - updated regularly, using actual market data. Think of the city assessment as last season's weather forecast. The HonestDoor Price is what it looks like outside right now. If you are making any decision about selling, refinancing, or even just understanding your net worth, the HonestDoor Price is the number to start with - not the one on your tax bill.
The "So What?" - Thinking About Selling This Summer?
Straight talk: this is a buyers' market for houses in Malvern right now. That does not mean you should not sell - it means you need to go in with eyes open.
A few things to keep in mind if you are thinking about listing this summer:
- Price it right from day one. Homes sitting 50 days are not getting top dollar. The ones that sell fast are priced to reflect the real market, not wishful thinking.
- Your HonestDoor Price of $817,565 is your anchor. Use it to set a realistic floor, not a ceiling.
- The predicted value of $844,723 is trending upward from the 3-month average - that is a small but real tailwind heading into summer.
- If you are a condo owner, the window may be tighter. Values are drifting down slightly, and nearby neighbourhoods are outpacing us on growth. Waiting is not obviously the right call.
- Rental demand is real. If selling feels premature, a house here can pull $3,783 per month in estimated rent at a 4.96% yield. That is a legitimate hold strategy.
Bottom line: Malvern is one of the most affordable neighbourhoods in Scarborough, and that is actually a strength for the right buyer. If you are selling, lean into that story - and make sure your price reflects where the market actually is today, not where it was two years ago.
malvern | scarborough | october 2026This 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.