Vaughan Real Estate Housing Market Update

Vaughan Real Estate Market Update: December 2024

If you're considering buying, selling, or investing in real estate, December 2024 has brought exciting opportunities to Vaughan’s housing market.

Here’s a closer look at the trends and how they can impact your plans.

Market Snapshot:

The average GTA sales price stands at $1,067,186, with inventory increasing by 48.5% YoY. This provides buyers with more choices, while sellers can still benefit from a strong market.

Key Insights by Property Type:

Detached Homes:

• Average Price: $1,697,111
• Monthly Change: +0.21%
• Time on Market: 79 days 

Townhouses:

• Average Price: $1,186,200
• YoY Change: +7.22%
• Time on Market: 26 days 

Condo Apartments:

• Average Price: $653,378
• Monthly Change: +3.39%
• Time on Market: 40 days

Opportunities for Sellers:

Sellers can take advantage of stable pricing trends, especially in high-demand categories like detached homes and townhouses. Strategic pricing and marketing can help you maximize returns.

Opportunities for Buyers and Investors:

With rising inventory levels, buyers have more options, and investors can capitalize on townhouses, which are seeing strong appreciation.

Are you ready to make your move in the Vaughan market? Contact me today to discuss your goals & allow me to Make A Difference For You!

To A Good Life!

Sam

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