Vaughan Freehold Market Report - Feb 2021

Vaughan Freehold Market Report - Feb 2021

Vaughan Freehold Market Report - Feb 2021

In Feb 2021, Vaughan's freehold housing market remains a strong seller's market in the Great Toronto Area.

The freehold attached houses' average price, including town, semi, and link houses, was up 3% from the previous month, now $1.07M. The number of units sold increased by 72%, while new listings increased by 66%. The current month of inventory of Attached houses in Vaughan is around 0.66. This segment of housing is currently in a very hot seller's market.

The average price of detached houses was almost flat in Feb 2021. Approximately 62% of total freehold units sold in Vaughan last month are Detached homes. If you plan to buy a detached house in Vaughan, you will need to spend an average of $1.71M. The number of units sold was increased by 41%, while new listings up by 96%. With the spring season drawing close, there will be more listings coming to the market. We anticipate the price of detached houses in Vaughan will turn soft in the following months.

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