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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-MARCH 2008

April 5, 2008 - Updated: April 5, 2008

The market in Vaughan  remained brisk in March but well off levels from the same month in the previous year.

There were 169 sales in the month of March, down 14 % from the number of sales in March 2007.  It is important to note that we did have one of worst winters in decades and despite that, still a significant number of homes changed hands.

The average selling price was $453,041 which was up slightly from 2007 prices (March).  The number of days on market was 28 days and the average list to sell price was 98 %.

I beleive that Canadian Economy is still holding strong.  We have robust immigration levels, high employment and wages are strong.  As well, interest rates remain low and there is a wide variety of mortgage products to choose from.

Other sales statistics are as follows:

 

Type          AVERAGE SELLING PRICE($)

Det 98                                   527,335

Semi 30                                  380,707     

Condo Apt 10                          274,800

Link   1                                    341,000

Condo T.H. 2                            290,500

T.H. 28                                     349,780

 

As always, I encourage you to offer your views and comments

 

Till next time....stay well ! 

sm  

 


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