Vaughan Real Estate Statistics
Vaughan Real Estate Price Trend
Vaughan real estate average sold price in the last 30 days (December 18 - January 16) was $1,073,436, which is $161,327 (15.0%) lower than the average price of $1,234,763 in the previous 30 day period (November 18 - December 17), and $155,638 (14.5%) down from the same period 1 year ago ($1,229,074). Vaughan real estate prices over the last 30 days are also $183,839 (17.1%) lower than the average selling price of $1,257,275 over the past year.
Vaughan average sold price for homes was $1,515,210 in the last 30 days (December 18 - January 16), which is $75,255 (5.0%) down from the average home price of $1,590,465 in the previous 30 day period (November 18 - December 17), and $168,502 (11.1%) lower than the same period 1 year ago ($1,683,712). In the last 30 days Vaughan the average home price was $133,927 (8.8%) lower than the average selling price of $1,649,137 over the last 12 months.
Average Vaughan condo sold price over the last 30 days (December 18 - January 16) was $618,031. During this period it was $26,548 (4.3%) down from the average price of condo of $644,579 during the previous 30 days (November 18 - December 17), and $21,119 (3.4%) lower compared to the same period 1 year ago ($639,150). In the last 30 days Vaughan the average condo price was $43,078 (7.0%) lower than the average selling price of $661,109 over the last year.
Average sold price of Vaughan townhouse was $1,113,090 in the last 30 days (December 18 - January 16), up $73,634 (6.6%) from the average townhome price of $1,039,456 over the previous 30 days (November 18 - December 17), and $67,412 (6.1%) higher than during to the same period 1 year ago ($1,045,678). Over the last 30 days the average townhouse price in Vaughan was $14,335 (1.3%) higher compared to the average selling price of $1,098,755 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Vaughan real estate was $1,073,436 in the last 30 days (December 18 - January 16), which is collectively $28,361 (2.3%) lower than the average asking price of $1,225,559. This represents a decline of $3,533 (14.2%) compared to $24,828 (2.0%) Sold-Under-Asking price from the previous 30 day period (November 18 - December 17).
The maximum Sold Over/Under Asking ratio in Vaughan during the last 12 months was recorded in March, 2024 with an average of $4,920 over the asking price, while the minimum occurring in January, 2024 with $40,819 below the asking price.
Sales to New Listings Ratio
Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Vaughan was 44.4% with 150 properties sold and 382 new properties listed in the past 30 days (December 18 - January 16). This represents a decrease from 81.4% recorded during the previous 30 day period (November 18 - December 17), and a decrease from 79.2% compared to the same period one year ago.
Over the the last year the highest SNLR in Vaughan was 94.4% recorded in December and the lowest was in September at 27.1%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 150 properties that were successfully sold in Vaughan in the last 30 days (December 18 - January 16) was 38 days, which is 6 days more than 32 days average in the previous 30 day period (November 18 - December 17) and 2 days longer than during the same period a year ago (36 days).
There were 389 delisted properties in Vaughan, those that got either Expired, Suspended or Terminated over the last 30 days (December 18 - January 16) with an average of 74 days on the market. This is 10 days longer than the average of 64 days during the previous 30 day period (November 18 - December 17) and 4 days less compared to the same period last year average of 78 days on the market.
389 Vaughan properties that didn't sell stayed on the market 94.7% longer than 150 that sucessfully sold over the last 30 days - 38 days when sold vs 74 days when delisted respectively.
Average Days on the Market in Vaughan over the past 12 months for properties that have sold was 25.5 days, with 57.0 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
338 new properties were listed on the market in Vaughan in the last 30 days (December 18 - January 16). During the same time 150 properties were sold and 389 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 201 properties (or 59.5%).
During the previous 30 day period (November 18 - December 17) there were 382 new properties listed, 311 sold and 445 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was September with 864 new properties listed, the slowest - December with 231 new listings and a yearly average of 655 new listings per month.
New Real Estate Listings by Property Type
There were a total of 117 homes listed during the last 30 days (December 18 - January 16), which is 34.6% of all properties listed in Vaughan. This is a 32.4% decline compared with a previous 30 day period (November 18 - December 17) and 48.1% up from the same period a year ago. Over the past year an average of 319 homes are were listed per month.
157 condo units were listed in the last 30 days (December 18 - January 16) in Vaughan, which represents 46.4% of all new listings. This is up 12.1% from the prior 30 day period (November 18 - December 17) and 109.3% more compared to the same period last year. There were 222 condos listed per month on average during the last 12 months.
64 townhomes were listed over the last 30 days (December 18 - January 16) in Vaughan, which is 18.9% of all new real estate inventory. This is a 7.2% less than during the previous 30 day period (November 18 - December 17) and 68.4% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 114 a month.
Real Estate Sales by Property Type
There were a total of 64 homes sold during the last 30 days (December 18 - January 16), which is 42.7% of all properties sold in Vaughan. This is a 62.1% decline compared with a previous 30 day period (November 18 - December 17) and 12.3% down from the same period a year ago. Over the past year an average of 160 homes are were sold per month.
64 condo units were sold in the last 30 days (December 18 - January 16) in Vaughan, which represents 42.7% of all sold properties. This is down 22.0% from the prior 30 day period (November 18 - December 17) and 39.1% more compared to the same period last year. There were 91 condos sold per month on average during the last 12 months.
22 townhomes were sold over the last 30 days (December 18 - January 16) in Vaughan, which is 14.7% of all sold real estate. This is a 63.3% less than during the previous 30 day period (November 18 - December 17) and 33.3% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 54 a month.