Sorry for not providing this info sooner....I am still trying to get a grasp on all this tech lingo ie Blogging. I promise to be more prompt in providing market statistics as soon as it becomes available.
In any event.....
Although February was a cold and snowy month , it was warm on the resale market in Vaughan. There were 160 sales in the month of February, almost a similar total to the number of sales in Feb'07 (165).
However, the average selling price rose approximately 14 % over the same month last year. In February, the average selling price was $471,765 and the average number of days on market for these homes was only 27 days. This is an indication that the market still remains strong considering that we had many "snow days"
Finally, it was reported that the average list to sale price was 98%. Once again, this shows that sellers are still getting very close to their asking price.
Other sales statistics are as follows:
Type Average Selling Price($)
61 detached 492,500
28 semi 371,354
11 condo apts 276,000
1 link 350,000
7 condo town 319,786
27 townhome 332,267
As always, I hope you find this informative and useful.
Don't forget to post any comments .
Till next time....Stay well.