The resale market in Vaughan remained moderate in April.
There were 228 sales in the month , down 8% from the number of sales in April 2007. The average selling price was $475,362 which was up 2% from the same month in 2007.
"The market is showing signs for a healthy 2008 compared to a diminished activity we saw in the first quarter of the year", said TREB President Maureen O'Neill.
The number of days on market for these sales was 26 days and the average list to sale price was 98 %. This indicates we continue to experience a supply and demand situation and to date , it still remains a sellers market.
Other sales statistics are as follows:
TYPE NUMBER OF SALES AVERAGE SELLING PRICE ($)
DET 139 557,419
SEMI 31 374,258
CONDO APT 12 328,358
LINK 0 0
CONDO T.H. 6 316,833
T.H. 40 336,453
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