Woburn, Scarborough - August 2026 Real Estate Report

Woburn, Scarborough: What Your Neighbour Hasn't Told You Yet

If you own a home in Woburn and you haven't checked your property value lately, now is the time to pay attention. The market here isn't crashing, but it isn't sprinting either. Here's the honest breakdown of what's actually happening on our streets right now.

The Vibe: Houses vs. Condos in Woburn

For those of us in houses, the story is steady but soft. The average sale price sits at $830,000, and homes are listing around $849,900. The catch? Buyers are paying about 97.66% of list price on average - meaning sellers are giving a little ground to close the deal. That's not a disaster, but it tells us this isn't a market where you can price high and wait. Homes are sitting for around 27 days before selling, which is on the slower side for Scarborough.

• Average sale price (Houses): $830,000
• Average list price: $849,900
• Sale-to-list ratio: 97.66% - buyers are paying below asking
• Average days on market: 27 days
• Price per square foot: $638
• Rental yield: 4.84% - moderate but real income potential
• Estimated monthly rent: $3,957
• Neighbourhood growth rank: 16 out of 25 in Scarborough - below average

For condo owners, the picture is a bit more mixed. The HonestDoor Price for condos has dipped 0.79% recently, and the growth rank is 22 out of 25 in Scarborough - that puts us near the bottom of the leaderboard right now. The silver lining? The predicted market value of $438,383 is actually ticking up against the 3-month moving average of $433,896, so there's a small positive signal underneath the noise.

• Average HonestDoor Price (Condos): $434,942 - down 0.79%
• Predicted market value: $438,383
• 3-month moving average: $433,896 - predicted value is trending above it
• Estimated monthly rent: $2,247
• Rental yield: 3.95%
• Neighbourhood growth rank: 22 out of 25 in Scarborough - bottom tier

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

Here's the thing most Woburn homeowners don't realize. Your city tax assessment is a snapshot from the past - sometimes over a year old by the time it lands in your mailbox. A lot can shift in 12 months. The HonestDoor Price is updated in real time, pulling in actual sale data and current market signals to give you a live number, not a stale one.

For houses in Woburn, the HonestDoor Price is $904,930. The city's assessment? Almost certainly different - and probably not in your favour when it comes to understanding what your home is actually worth today. If you're making any financial decision - refinancing, selling, even just benchmarking your net worth - the HonestDoor Price is the number to start with. Think of it as the real-world check that keeps you from leaving money on the table or overpaying on a purchase.

Compared to neighbours like Eglinton East (HonestDoor Price $1,010,509) and Morningside ($911,860), Woburn houses are priced more accessibly. That gap is useful information whether you're buying, selling, or just keeping score.

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

If you're a house owner in Woburn and you're thinking about listing this summer, the market is telling you one clear thing - pricing sharp matters. Buyers are negotiating, and homes priced above what the data supports are sitting. The 97.66% sale-to-list ratio means the days of listing high and hoping are on pause right now. Price it right from day one and you'll move it. Price it with wishful thinking and you'll be watching that "For Sale" sign for a while.

For condo owners, the honest advice is to watch the next 60 to 90 days closely. The growth rank of 22 out of 25 is a yellow flag, not a red one - but it does mean the momentum isn't behind you right now. If selling isn't urgent, holding and collecting that $2,247 monthly rental estimate while the market finds its footing is a reasonable play.

Either way, the smartest first move is checking your HonestDoor Price today - not your assessment notice from last year. That's the number that reflects what Woburn buyers are actually paying right now.

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.