The average price of Vaughan Homes was down in May 2024

The average price of Vaughan Homes was down in May 2024

The average price of Vaughan Homes was down in May 2024

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The average price of Vaughan Homes was down in May 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 6.5% from the same month previous year. The average time to sell this type of home is around 14 Days. The current month of inventory of Attached houses in Vaughan is about 2.1. This segment of housing is currently in a Seller's Market.

Freehold Detached Market

The average price of detached houses was unchanged v.s. last month, down 4.4% from the same month last year. Approximately 69.2% 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 $1.8M. The current month of inventory of detached dwellings in Vaughan is around 3.1. The new listings were up 10.6% from the previous month, and up 21.2% from the same month last year.

Condo Market

The condo market is a Strong Buyer's Market. It takes an average of 30 days to sell a condo unit in Vaughan. The average price was down 3.0% from the previous month, down 1.0% from the same month previous year. The new listings were down 5.6% from the previous month, and up 15.1% 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.