Vaughan Detached Home prices hit the record high in Aug 2021

Vaughan Detached Home prices hit the record high in Aug 2021

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Vaughan Detached Home prices hit the record high in Aug 2021!

Freehold Attached Market

The average price of freehold attached houses, including town, semi, and link houses, was down 1.1% from the previous month, up 16.0% from the same month last year. The average time to sell this type of home is around 11 Days. The current month of inventory of Attached houses in Vaughan is about 0.6. This segment of housing is currently in a Strong Seller's Market.

Freehold Detached Market

The average price of detached houses reached another record high, up 13.6% from the previous month, up 31.5% from the same month last year. Approximately 70.2% 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 1.23. Given the limited supplies on the market, the sold volume dropped by 8%.

Condo Market

The average price of the condo was unchanged. The sold listing increased by 18%, while new listings was down 11%.

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.