Toronto Real Estate · Since 2007 — pocket by pocket

Market data

Mimico, Toronto

Over the 12 months to November 2026, 634 homes closed in Mimico. They sold at an average of 97.8% of their asking price, and 14.0% of them sold for more than the seller asked.

Closed sales
634
Of asking
97.8%
Sold over ask
14.0%
Average price
$792,051
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The last 90 days

More recently, 174 homes closed at an average of 97.5% of asking, with 14.4% going over. That is softer than the twelve-month picture.

Month by month

MonthSalesOf asking
Nov 20254597.3%
Dec 20255597.5%
Jan 20264796.6%
Feb 20263297.5%
Mar 20263899.0%
Apr 20266299.9%
May 20266298.2%
Jun 20266398.3%
Jul 20265696.6%
Aug 20265797.8%
Sep 20265897.6%
Oct 20265997.1%
These are closed sales, not asking prices. A closing is a fact; a list price is an opinion. The trade-off is timing — a sale closes about seven weeks after it goes firm, so this describes deals negotiated roughly six to seven weeks ago rather than what is happening on the street today.

What to take from it

At 14.0% selling above asking, this is a split market — most homes negotiate down, a meaningful minority still draw competition. Which one you are in depends on the specific home, not the postcode.

Condo buildings here

What’s listed, what units ask to lease, and who runs each building.

Notes from the NestOnce a month I take the closed sales apart and write up what actually moved, neighbourhood by neighbourhood. Tell me the area you care about and the letter follows it. →

Figures are computed from closed sales only and exclude records withheld from public display. A sale closes roughly seven weeks after it goes firm, so these describe deals negotiated about six to seven weeks ago. Neighbourhood and property-type figures are shown only where at least 150 sales support them.

NestAbode · Stevie Crawford, Real Estate Broker, HouseSigma Inc. Brokerage · All neighbourhoods · Rents · Family guides · Guides · Home