Vaughan Semi and Town Home prices hit another record high in Oct 2021

Vaughan Semi and Town Home prices hit another record high in Oct 2021

Vaughan Semi and Town Home prices hit another record high in Oct 2021

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Vaughan Semi and Town Home prices hit another record high in Oct 2021!

Freehold Attached Market

The average price of freehold attached houses, including town, semi, and link houses, was up 5.2% from the previous month, up 32.0% from the same month last year. The average time to sell this type of home is around 6.7 Days. The current month of inventory of Attached houses in Vaughan is about 0.3. This segment of housing is currently in a Strong Seller's Market.

Freehold Detached Market

The average price of detached houses was down 3.8% from the previous month, up 18.1% from the same month last year. Approximately 67.2% 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 0.93. The new listings dropped by 15% against the previous month, and 37% against Oct 2020, offering buyers very limited options under the current market.

Condo Market

The average price of the condo was almost unchanged v.s. Sep 2021, up 17% v.s. last Oct. The new listings dropped by 31%.

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.