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SAM V MERCURI
Broker

Royal LePage Maximum Realty, Brokerage
Independently owned and operated

7694 Islington Ave., Second Floor, Vaughan, Ontario L4L 1W3
Phone: 416-324-2626  Fax: 905-265-3051

VAUGHAN, ONTARIO- REAL ESTATE MARKET WATCH- January 2008

February 5, 2008

There were 111 sales in Vaughan this January, a decline of 24 % over the first month of January 2007.  The average price came in at $469,308, a 13 % increase over the same time-frame last year.  The average number of days on market for the sales was 30 days and they were able to get a selling price of 97 %  of asking price.

Of the 111 sales, 61 were detached which averaged $576,230.

Other sales were as follows:

    TYPE                             AVERAGE SELLING PRICE ($)

16 SEMIS                                           376,181

 5 CONDO APTS                                253,200

 1 CONDO TOWNHOME                    294,000   

28 TOWNHOMES                               334,439

 

I HOPE YOU FIND THIS INFORMATIVE AND HELPFUL.

PLEASE KEEP ME IN MIND IF YOU OR ANYONE YOU KNOW IS THINKING OF BUYING OR SELLING REAL ESTATE

SINCERELY YOURS,

SAM MERCURI


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