Understanding the Story Behind the Numbers
The December condo market numbers at Yonge and Eglinton might feel a bit surprising at first glance. Some of the prices appear higher than many people would expect given broader market conditions, which naturally raises questions.
In this update, I want to walk through what is actually driving those numbers and explain why December data, in particular, needs a bit more context to be interpreted properly.
Why Context Matters in December Market Data
December is always a slower month for real estate. With fewer listings and fewer sales, even a small number of transactions can have a noticeable impact on median prices.
That does not mean the data is misleading. It simply means it needs to be viewed through the right lens before drawing conclusions.
One Bedroom Condos
In December 2025, the median price for one bedroom condos at Yonge and Eglinton came in at $570,000. That is higher than November, where the median was $538,500, and also slightly higher than December of last year.
On the surface, this may look stronger than expected. The key is understanding what actually sold.
There were only 13 one bedroom sales in December. While that is not unusual for this time of year, it is still a relatively small sample size. More importantly, 11 of those 13 sales were one plus den units. One plus dens naturally sell for more than one bedroom suites without dens, which pushes the median price higher.
For comparison, November had 12 one bedroom sales in total, but only 7 were one plus den units. That means November had a higher proportion of smaller and less expensive condos, which helps explain why November’s median price came in lower.
This is a great example of how unit mix can influence pricing, even when overall market conditions have not dramatically changed.
Two Bedroom Condos
Two bedroom condos tell a similar story, but with even more variation.
In December, the median price for two bedroom condos was $805,000. At first glance, this number may seem high.
However, there were only 9 total two bedroom sales. That is a very small sample size to draw broad conclusions from. The price range was also extremely wide. The least expensive two bedroom sold for $612,000, while the most expensive reached $1,425,000.
That kind of spread tells us that very different types of units were selling, often in very different buildings with very different features.
For comparison, in November there were 17 two bedroom sales – almost double the activity. The price range was also much tighter, from $585,000 to $935,000. With more sales and a narrower range, November’s median price was far more stable.
With fewer sales and a wider range in December, just a couple of higher end transactions were enough to shift the median noticeably.
What This Means for Buyers and Sellers
December’s condo numbers at Yonge and Eglinton do appear higher than many people might expect. However, they are being heavily influenced by low sales volume, the mix of units that sold, and wide pricing ranges, particularly in the two bedroom category.
This is exactly why looking beyond the headline number is so important. Median prices on their own never tell the full story.
If you are buying, selling, or simply keeping an eye on the market, understanding how unit type, building quality, and sales volume affect the data will give you a much clearer picture of what is really happening.
If you would like help breaking down how this market data applies to your specific building or unit type, I am always happy to chat.
Be sure to check back next month for the first Yonge and Eglinton condo market update of 2026.
