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      Woburn, Scarborough - October 2026 Real Estate Report

      2026-10-16 00:00 · Your HonestDoor Team

      Scarborough, Woburn

      Woburn, Scarborough: What Your Neighbour Isn't Telling You About Home Prices Right Now

      The Vibe: What's Actually Happening on Our Streets

      If you've been watching the "For Sale" signs in Woburn lately, here's the honest read. The market is split in two, and which side you're on matters a lot for your wallet this summer.

      For houses, things are holding up better than most of Scarborough. The HonestDoor Price for a Woburn house sits at $922,114. Yes, it's dipped 1.64% from last period, but the predicted market value is actually climbing - sitting at $937,459, up from a 3-month moving average of $915,691. That gap tells you something: the short-term dip looks like a blip, not a trend. Houses here also rank 2nd out of 25 neighbourhoods in Scarborough for growth. That's a top-performer stat. Hold onto that number.

      • Average sale price (houses): $830,000
      • Average list price this month: $849,900
      • Price per square foot: $638
      • Homes selling at 97.66% of list price - buyers are negotiating, but not by much
      • Average days on market: 27
      • Estimated rent: $4,052 per month
      • Rental yield: 4.78%
      • Property value change recently: up 3.59%

      Condos are a different story. We need to be straight with you here. The HonestDoor Price for a Woburn condo is $410,883, down 2.99% from last period. The predicted market value of $423,537 is also sliding below the 3-month moving average of $432,288. Woburn condos rank 23rd out of 25 in Scarborough for growth. That puts us near the bottom of the neighbourhood leaderboard for this property type. If you own a condo here, this is not the moment to look away from your numbers.

      • Average HonestDoor Price (condos): $410,883
      • Predicted market value: $423,537
      • 3-month moving average: $432,288 - and the gap is widening
      • Estimated rent: $2,193 per month
      • Rental yield: 3.98%
      • Recent value change: -2.62%
      • Growth rank: 23 out of 25 in Scarborough

      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. It doesn't track that houses here just posted a 3.59% value bump, or that the predicted value is now running ahead of the 3-month average.

      The HonestDoor Price is updated in real time. For Woburn house owners, that means your real-world number - $922,114 on average - is likely sitting higher than what the city has on file. That gap is money. It's the difference between knowing what you actually own and guessing. If you're refinancing, selling, or just trying to figure out if your equity has moved, the HonestDoor Price is the check you run first, not last.

      For condo owners, the real-time data is equally important - but for the opposite reason. If your city assessment hasn't caught up to the recent -2.62% slide, you could be paying property tax on a value that no longer reflects reality. That's worth knowing too.

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

      For house sellers, the timing is actually reasonable. You're sitting in a neighbourhood that ranks near the top of Scarborough for growth, your predicted value is trending up, and buyers are still paying close to full list price. The market isn't on fire, but it's not taking a breather either. At 27 days on market, you're not going to get a bidding war overnight - but a well-priced house here moves. Price it at or just under that $849,900 average list and you're in the game.

      For condo sellers, the honest advice is this: don't wait for the market to come back to you. The 3-month trend is pointing down, the growth rank is near the bottom of the Scarborough leaderboard, and nearby Bendale condos are priced lower - which means buyers have options. If selling is on your radar for this summer, sooner beats later. Get your HonestDoor Price, know your real number, and price to move.

      One more thing worth knowing - Woburn houses carry a rental yield of 4.78% and an Airbnb rank of 17th in Scarborough. If selling isn't the plan, renting is a real option. At $4,052 estimated monthly rent, this neighbourhood works as a hold too.

      woburn | scarborough | october 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.

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      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 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

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