The asking price is marketing. The sold price is the truth.
Stop guessing what homes are actually worth. Get a report of real, recent sold prices for the Toronto area you're watching — the numbers that actually set the market.
→ Recent solds for your target neighbourhood
→ Sold vs. asking, so you see the real gap
→ Sent by a licensed broker, not a guess-timate site
Two numbers. Only one is real.
The sticker price is set to attract offers. The sold price is what someone actually paid.
Asking price
Marketing
Chosen as a strategy — sometimes low to spark a bidding war, sometimes high to anchor. It tells you almost nothing.
Sold price
The truth
What the market actually paid, on real closed transactions. It's the only number worth negotiating against.
