Vaughan home average price was down in Oct 2023

Vaughan home average price was down in Oct 2023

Vaughan home average price was down in Oct 2023

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Vaughan home average price was down in Oct 2023!

Freehold Attached Market

The average price of freehold attached houses, including townhouses and semi-detached houses, was down 3.5% from the previous month, up 1.9% from the same month last year. The average time to sell this type of home is around 16.8 Days. The current month of inventory of Attached houses in Vaughan is about 3.8. This segment of housing is currently in a Buyer's Market.

Freehold Detached Market

The average price of detached houses was down 2.7% from the previous month, unchanged v.s. same month last year. Approximately 70.5% 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 $1.7M. The current month of inventory of detached dwellings in Vaughan is around 4.88. The new listings were down 7.8% from the previous month, and up 36.2% from the same month last year.

Condo Market

The condo market is a Strong Buyer's Market. It takes an average of 26 days to sell a condo unit in Vaughan. The average price was down 4.9% from the previous month, unchanged v.s. same month previous year. The new listings were down 11.6% from the previous month, and up 67.2% 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.