Vaughan Home prices hit new record in Nov 2021

Vaughan Home prices hit new record in Nov 2021

Vaughan Home prices hit new record in Nov 2021

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Vaughan Home prices hit new record in Nov 2021!

Freehold Attached Market

The average price of freehold attached houses, including town, semi, and link houses, was up 3.0% from the previous month, up 33.9% from the same month last year. The average time to sell this type of home is around 5.8 Days. The current month of inventory of Attached houses in Vaughan is about 0.5. This segment of housing is currently in a Strong Seller's Market.

Freehold Detached Market

The average price of detached houses was up 9.8% from the previous month, up 39.5% from the same month last year. Approximately 66.8% 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 $2M. The current month of inventory of detached dwellings in Vaughan is around 1.03. The new listings are down 24.8% from the previous month, and down 24.2% from the same month last year.

Condo Market

The condo market is a Strong Seller's Market. It takes an average of 16 days to sell a condo unit in Vaughan. The average price was up 3.3% from the previous month, up 11.7% from the same month last year. The new listings are up 9.4% from the previous month, and down 24.3% 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.