Average Price of Vaughan Freehold Homes Drops in Oct 2024

Average Price of Vaughan Freehold Homes Drops in Oct 2024

Average Price of Vaughan Freehold Homes Drops in Oct 2024

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Average Price of Vaughan Freehold Homes Drops in Oct 2024!

Freehold Attached Market

The average price of freehold attached houses, including townhouses and semi-detached houses, was down 3.3% from the previous month, down 5.4% from the same month previous year. The average time to sell this type of home is around 25.9 Days. The current month of inventory of Attached houses in Vaughan is about 3.2. This segment of housing is currently in a Balanced Market.

Freehold Detached Market

The average price of detached houses was down 3.8% from the previous month, unchanged v.s. same month last year. Approximately 72.7% of total freehold units sold in Vaughan last month are Detached houses. If you plan to buy a detached home in Vaughan, you will need to spend an average of $1.7M. The current month of inventory of detached dwellings in Vaughan is around 4.15. The new listings were down 19.2% from the previous month, and up 15.9% from the same month last year.

Condo Market

The condo market is a Strong Buyer's Market. It takes an average of 45 days to sell a condo unit in Vaughan. The average price was up 2.4% from the previous month, down 1.5% from the same month previous year. The new listings were down 6.8% from the previous month, and up 33.2% from the same month last year.

If you plan to move to Vaughan or you want to learn more about real estate investment opportunities in Vaughan, please contact Vaughan real estate agent Realtor Alan Zheng at 647-877-9311.