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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- APRIL 2008

May 7, 2008 - Updated: May 7, 2008

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

 

Please share your views and comments.

 

Till next time...STAY WELL !!

 

sm


Tagged with: woodbridge housing prices number of sales in vaughan.maple housing prices days on market average prices in vaughan total detached prices of homes
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