HonestDoor

    Woburn, Scarborough - July 2026 Real Estate Report

    2026-07-15 00:00 · Your HonestDoor Team

    Scarborough, Woburn

    Woburn, Scarborough: Your Neighbour Probably Doesn't Know This 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 is sending mixed signals depending on what you own - and knowing the difference could be worth tens of thousands of dollars to you.

    The Vibe: Houses vs. Condos - Two Very Different Stories

    Let's be straight with each other. The house market and the condo market in Woburn are not moving in the same direction right now, and that matters for every one of us who owns here.

    Houses - Steady, But Buyers Are in the Driver's Seat

    • Average sale price: $830,000
    • Average list price this month: $849,900
    • Price per square foot: $638
    • Homes are selling at 97.66% of list price - meaning buyers are negotiating roughly $20,000 off asking
    • Average days on market: 27
    • HonestDoor Price: $904,680 (down 0.30% from last period)
    • Predicted market value: $907,418
    • Rental yield: 4.83% - that's a moderate but real return if you're thinking income property
    • Estimated monthly rent: $3,967

    Houses are taking a breather. That 97.66% sale-to-list ratio tells us buyers are not in a panic. They're making offers, not wars. The 27-day average on market backs that up - homes are moving, just not flying off the shelf. On the Scarborough neighbourhood leaderboard, Woburn houses rank 7 out of 24 for growth. That puts us solidly above average, which is genuinely good news in a market where a lot of neighbourhoods are sitting lower.

    Condos - The Quiet Outperformer

    • HonestDoor Price: $438,346 (down 1.15% from last period)
    • Predicted market value: $443,461
    • 3-month moving average: $431,581 - the predicted value is trending up from this baseline
    • Estimated monthly rent: $2,285
    • Rental yield: 3.94%
    • Recent value change: up 5.64%
    • Airbnb estimate: $112 per night

    Here is the number that should turn heads. Woburn condos rank 1 out of 25 comparable neighbourhoods in Scarborough for growth. That is not a typo. Number one. While the HonestDoor Price shows a small dip of 1.15% in the short term, the predicted value of $443,461 is climbing above the 3-month average of $431,581. The 5.64% recent value change is the real story here. Condo owners in Woburn are sitting on something most people in Scarborough are not.

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

    Here is the thing about your city tax assessment - it is a snapshot from the past. It does not know what sold on your street last month. It does not adjust when interest rates shift or when buyer demand changes. It is basically a photograph of a market that no longer exists.

    The HonestDoor Price is updated in real time. For houses in Woburn, that number sits at $904,680. For condos, it is $438,346. These figures are recalculated continuously using current sales data, not a government review cycle that can lag by years.

    Why does this matter for your wallet? Because if you are making any decision - refinancing, selling, even just understanding your net worth - using a stale assessment number can lead you in the wrong direction. A house owner in Woburn relying on an old assessment could be undervaluing their property by a significant margin. Check your HonestDoor Price. It is the real-world number, not the bureaucratic one.

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

    If you own a house in Woburn and you are thinking about listing this summer, here is the honest read. The market is stable, not hot. Buyers are buying, but they are not panicking. That means your pricing strategy has to be sharp. Homes are selling at about 97.66% of list price, so padding your ask with $50,000 of wishful thinking is likely to cost you time and momentum. Price it right from day one and you are in a good position.

    The growth rank of 7 out of 24 in Scarborough means Woburn is a name buyers recognize. You are not selling an underdog neighbourhood. That helps.

    If you own a condo and you are watching the market, the 5.64% recent value growth and that number-one growth rank in Scarborough are worth noting. Holding a condo here right now is not a bad hand. If you do decide to sell, the rental demand is real - $2,285 per month in estimated rent and a 3.94% yield means buyers who are investors will look at your unit seriously.

    Bottom line - Woburn is not a market to ignore this summer. Houses are stable and fairly priced. Condos are quietly leading the pack in Scarborough. Check your HonestDoor Price, know your number, and make your move with real data behind you.

    woburn | scarborough | july 2026

    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.

    Sign up for our newsletter

    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

    Core

    Home

    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


    © 2026 HonestDoor, Inc. All rights reserved.