January 1, 2009 – January 11, 2009

Here’s a look at the Real Estate Market in Vaughan over the last 7 days:

Vaughan Real Estate Market Overview

There were a total of 52 homes listed in the first week of 2009 and a total of 13 sales. The breakdown of new listings includes 6 condos, 4 townhomes, 11 semi’s or links, 31 detached homes with 17 being priced under $500,000, 10 priced between %500,000 and $1,000,000 and 4 priced over $1,ooo,000.

The breakdown of sales includes 0 condo, 2 townhomes, 4 semi and 7 detached homes with 5 selling for under $500,000, 2 selling between $500,000 and $1,000,000 and 0 selling for over $1,000,000. The average selling price was $410,800. Homes sold for an average of 96.48% of the list price and were on the market for an average of 49.5 days. Here is the breakdown for week 1.

Condos

  • 6 Condos Listed
  • Low: $254,900
  • High: $619,900
  • No Condos Sold

Townhomes

  • 4 Townhomes Listed
  • Low: $334,900
  • High: $355,000
  • 2 Townhomes Sold
  • Low: $319,900
  • High: $380,000
  • Average Selling Price: $337,450
  • Average % of Asking Price: 96.5%
  • Average # of Days on the Market: 45.5

Semi-Detached (includes Linked Homes)

  • 11 Semis Listed
  • Low: $359,000
  • High: $418,000
  • Average: $387,300
  • 4 Semis Sold
  • Low: $345,000
  • High: $380,000
  • Average Selling Price: $356,750
  • Average % of Asking Price: 96.25%
  • Average # of Days on the Market: 43.5

Detached Homes (under $500,000)

  • 17 Detached under $500,000 Listed
  • Low: $364,500
  • High: $499,000
  • Average: $442,417
  • 5 Detached under $500,000 Sold
  • Low: $342,000
  • High: $448,000
  • Average Selling Price: $392,200
  • Average % of Asking Price: 96.40%
  • Average # of Days on the Market: 72

Detached Homes ($500,000 – $1,000,000)

  • 10 Detached between $500k – $1,000,000 Listed
  • Low: $509,900
  • High: $995,000
  • Average: $627,300
  • 2 Detached between $500k – $1,000,000 Sold
  • Low: $510,000
  • High: $515,000
  • Average Selling Price: $512,500
  • Average % of Asking Price: 94.5%
  • Average # of Days on the Market: 70.5

Detached Homes ($1,000,000 and up)

  • 4 Detached over $1,000,000 Listed
  • Low: $1,079,000
  • High: $2,350,000
  • Average: $1,696,000
  • No Detached over $1,000,000 Sold

Condos Listed

List Price


Beds


Baths


Sq Ft


Age


Fireplace


Parking


Maintenance


Type


Contract Date


$269,900 3 2     Y 2 $377 Condo Townhouse 1/11/2009
$419,900 2 2     Y 2 $570.61 Condo Apt 1/8/2009
$399,000 2 2 900-1099 New N 2 $0 Condo Apt 1/8/2009
$294,900 1 1 700-899 0-5 N 1 $288.88 Condo Apt 1/8/2009
$254,900 1 1 700-899 0-5 N 1 $239.42 Condo Apt 1/8/2009
$619,900 2 2 1300-1499 0-5 N 2 $520 Condo Apt 1/7/2009

Townhomes Listed

List Price


Beds


Baths


Sq Ft


Age


Fireplace


Garage


Basement


Basement2


Contract Date


$355,000 3 3 1500-2000   Y 1 Full   1/6/2009
$340,000 3 4     N 1 Finished   1/6/2009
$339,900 3 3 1500-2000   Y 1 Finished   1/6/2009
$334,900 3 3 1100-1500   N 1 Finished   1/2/2009

Semi-detached Homes (includes Linked Homes) Listed

List Price


Beds


Baths


Sq Ft


Age


Fireplace


Garage


Basement


Basement2


Contract Date


$369,500 3 3     N 1 Fin W/O W/O 1/11/2009
$399,000 4 3 1500-2000 0-5 N 1 W/O   1/7/2009
$379,000 4 4 1500-2000   Y 1 Part Fin W/O 1/7/2009
$364,900 3 3     N 1 Finished   1/7/2009
$359,900 3 3 1100-1500 6-15 N 1 Finished   1/7/2009
$359,000 4 3 1500-2000   Y 1 Full   1/7/2009
$409,900 3 3 2000-2500 0-5 Y 1 Unfinished   1/6/2009
$418,000 3 3 2000-2500 6-15 Y 2 Finished   1/5/2009
$379,900 3 3     Y 1 Sep Entran   1/3/2009
$389,000 4 4     Y 1 Fin W/O Sep Entran 1/2/2009
$375,000 4 4 1500-2000 6-15 Y 1 Part Fin   1/1/2009

Detached Homes under $500,000 Listed

List Price


Beds


Baths


Sq Ft


Age


Fireplace


Garage


Basement


Basement2


Contract Date


$468,000 4 3 2000-2500   Y 2 Sep Entran Unfinished 1/10/2009
$449,000 4 3     Y 1 Finished   1/9/2009
$439,900 3 4     Y 2 Finished   1/9/2009
$424,000 4 3 2000-2500 6-15 Y 2 Finished   1/9/2009
$499,000 3 3     Y 1 Fin W/O   1/7/2009
$489,900 4 4 2000-2500   Y 2 Apartment Fin W/O 1/7/2009
$424,900 3 3 1500-2000 6-15 Y 1 Finished   1/7/2009
$364,500 4 2     Y 1.5 Part Fin W/O 1/7/2009
$435,000 3 3   0-5 Y 1 Unfinished   1/6/2009
$474,900 4 3     Y 2 Part Fin   1/5/2009
$449,000 4 4     Y 2 Finished Sep Entran 1/5/2009
$402,900 3 4     Y 1 Fin W/O   1/5/2009
$399,900 3 3 1500-2000   Y 2 Finished   1/5/2009
$499,000 4 4     N 2 Apartment Sep Entran 1/3/2009
$444,900 4 3     Y 2 Finished   1/2/2009
$469,000 4 3 2000-2500 0-5 Y 2 Unfinished   1/1/2009
$439,900 3 4     Y 2 Finished   1/1/2009

Detached Homes ($500,000 – $1,000,000) Listed

List Price

Beds

Baths

Sq Ft

Age

Fireplace

Garage

Basement

Basement2

Contract Date

$789,000 3 3     Y 2 Finished   1/9/2009
$549,000 4 4 2500-3000   Y 2 Apartment Finished 1/8/2009
$534,900 4 4 2500-3000   Y 2 Finished Sep Entran 1/7/2009
$724,990 4 3     Y 3 Part Fin   1/6/2009
$535,000 4 4 2500-3000 0-5 Y 2 Full Sep Entran 1/6/2009
$529,000 4 5 2500-3000 6-15 N 2 Fin W/O Sep Entran 1/6/2009
$659,800 4 3 2500-3000 6-15 Y 2 Unfinished W/O 1/5/2009
$995,000 4 4 3500-5000   Y 2 Full   1/3/2009
$509,900 4 4   16-3 Y 2 Finished   1/3/2009
$550,000 4 4     Y 1 Full Unfinished 1/2/2009

Detached Homes ($1,000,000 and up) Listed

List Price

Beds

Baths

Sq Ft

Age

Fireplace

Garage

Basement

Basement2

Contract Date

$1,079,000 4 5     Y 3 Full Part Fin 1/8/2009
$1,300,000 5 4 3500-5000 New N 3 Part Fin   1/6/2009
$1,250,000 6 5 5000+ 16-3 Y 2 Part Fin   1/6/2009
$2,350,000 5 8 5000+ 6-15 Y 4 Fin W/O   1/3/2009

Condos Sold – None

 

Townhomes Sold

List Price


Sold Price


% of List


D.O.M.


Beds


Baths


Sq Ft


Age


Fireplace


Garage


Basement


Sold Date


329900 319900 97 60 3 3     Y 1 Unfinished 1/8/2009
394900 380000 96 31 4 3   0-5 N 1 Full 1/8/2009

Semi-detached Homes (includes Linked Homes) Sold

List Price


Sold Price


% of List


D.O.M.


Beds


Baths


Sq Ft


Age


Fireplace


Garage


Basement


Sold Date


349000 345000 99 0 3 3     N 1 Unfinished 1/8/2009
367900 352000 96 45 3 3 1500-2000 6-15 Y 1 Full 1/1/2009
369000 350000 95 43 3 3 1500-2000 0-5 Y 1 Unfinished 1/8/2009
399900 380000 95 86 3 3     Y 1 W/O 1/2/2009

Detached Homes Sold

List Price


Sold Price


% of List


D.O.M.


Beds


Baths


Sq Ft


Age


Fireplace


Garage


Basement


Sold Date


347700 342000 98 82 3 2     Y 1 Full 1/8/2009
384900 366000 95 92 3 4     Y 2 Finished 1/11/2009
388800 375000 96 23 3 4 1500-2000 6-15 Y 1.5 Finished 1/11/2009
449000 430000 96 53 4 3 2000-2500   Y 2 Unfinished 1/7/2009
459900 448000 97 112 3 3   6-15 N 2 Finished 1/5/2009
529900 510000 96 50 4 3 2500-3000 0-5 Y 2 Unfinished 1/8/2009
554900 515000 93 91 4 4 2500-3000 6-15 Y 2 Unfinished 1/1/2009

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Filed under: Real Estate Weekly Review

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