Vaughan, a vibrant city in the Greater Toronto Area, is not only celebrated for its bustling community but also for its dynamic real estate market. The Vaughan recent MLS® stats show an average house price of $1.6 Million and 398 new listings in the last 28 days. As of today, Vaughan housing data indicates median days on the market for a home is 15 days.
1. Listings on Market:
Vaughan real estate market presents an array of housing options, including homes, townhomes, and condos.
The market is currently graced with 416 homes listed, providing prospective homeowners with a wealth of choices.
For those seeking the perfect blend of space and affordability, Vaughan offers 149 townhomes, showcasing the increasing appeal of this housing style.
Condos contribute significantly to the city’s real estate landscape, with 265 options for those looking for a compact and maintenance-free living arrangement, providing a rich tapestry to the city’s real estate market.
2. Average Listing Price in the Last Month:
Examining the average listing prices in the last month provides vital insights into the affordability and market value of these properties within the city real estate market:
The average listing price for homes in Vaughan over the last month remains steady at $2.1 million, highlighting their desirability and value in the city real estate market.
Vaughan’s townhome market boasts an average listing price of $1.1 million over the same period, reflecting a noteworthy 4% increase in pricing, making this housing segment increasingly attractive to buyers within the city real estate market.
In the condo market, Vaughan has offered an average listing price of $736.3K in the last month.
3. Change in Average Listing Price:
Understanding the fluctuations in average listing prices can uncover significant market dynamics within the city real estate market:
Homes have maintained a steady average listing price in the last month, reflecting no change, which indicates consistent demand and stability within the city real estate market.
Vaughan’s townhome market has undergone a notable 4% increase in the average listing price.
Condos have held their pricing, with a minimal 0.06% increase.
4. Average SOLD Price in the Last Month:
The average sold prices for homes, townhomes, and condos in the last month represent the actual transaction values within the city real estate market:
Over the last month, homes in Vaughan have reported no change in the average sold price, underlining their steady value within the city real estate market.
Townhomes have experienced a modest 2.28% increase in the average sold price over the same period.
Condos have witnessed a healthy 3.09% increase in the average sold price, indicating consistent demand and appreciation.
Inventory & SOLD Statistics:
Over the last 60 days, the Vaughan real estate market has witnessed a flurry of activity:
There were 739 new home listings, with 320 homes sold during this period, emphasizing the competitive nature of the home market within the city real estate market. The average days on the market for homes was 16 days, and the selling-to-listing price ratio stood at 100.55%, reflecting a thriving and efficient market.
Vaughan saw 279 new townhome listings and 105 townhomes sold in the last 60 days. The average days on the market for townhomes was 15 days, with a selling-to-listing price ratio of 101.63%. For condos, there were 441 new listings and 194 condos sold in the last 60 days, with an average day on the market of 21 days and a selling-to-listing price ratio of 100%.
