Vaughan freehold average price was up in May 2023

Vaughan freehold average price was up in May 2023

Vaughan freehold average price was up in May 2023

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Vaughan freehold average price was up in May 2023!

Freehold Attached Market

The average price of freehold attached houses, including townhouses and semi-detached houses, was unchanged v.s. last month, up 3.9% from the same month last year. The average time to sell this type of home is around 10.7 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 was up 6.8% from the previous month, up 6.6% from the same month last year. Approximately 62.8% 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 $1.9M. The current month of inventory of detached dwellings in Vaughan is around 1.48. The new listings were up 13.8% from the previous month, and down 21.6% from the same month last year.

Condo Market

The condo market is a Seller's Market. It takes an average of 19 days to sell a condo unit in Vaughan. The average price was down 2.1% from the previous month, down 7.1% from the same month previous year. The new listings were up 38.7% from the previous month, and down 5.0% 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.