February 2, 2009 – February 8, 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 61 homes listed in the 5th week of 2009 and a total of 16 sales. The breakdown of new listings includes 3 condos, 13 townhomes, 7 semi’s or links and 38 detached homes with 12 being priced under $500,000, 22 priced between $500,000 and $1,000,000 and 4 priced over $1,000,000.

The breakdown of sales includes 1 condo, 3 townhomes, 2 semis and 12 detached homes with 6 selling for under $500,000, 6 selling between $500,000 and $1,000,000 and 0 selling for over $1,000,000. The average selling price was $390,800. Homes sold for an average of 93.67% of the list price and were on the market for an average of 46 days. Here is the breakdown for week 5.

Condos

  • 3 Condos Listed
  • Low: $248,000
  • High: $269,000
  • 1 Condo Sold
  • Low: $220,000
  • High: $220,000
  • Average Selling Price: $220,000
  • Average % of Asking Price: 88%
  • Average # of Days on the Market: 65

Townhomes

  • 13 Townhomes Listed
  • Low: $324,990
  • High: $449,000
  • 3 Townhomes Sold
  • Low: $309,000
  • High: $340,000
  • Average Selling Price: $323,000
  • Average % of Asking Price: 95.33%
  • Average # of Days on the Market: 16

Semi-Detached (includes Linked Homes)

  • 7 Semis Listed
  • Low: $349,000
  • High: $423,500
  • 2 Semis Sold
  • Low: $320,000
  • High: $358,000
  • Average Selling Price: $339,000
  • Average % of Asking Price: 95.5%
  • Average # of Days on the Market: 44

Detached Homes (under $500,000)

  • 12 Detached under $500,000 Listed
  • Low: $369,900
  • High: $499,000
  • 6 Detached under $500,000 Sold
  • Low: $400,000
  • High: $496,000
  • Average Selling Price: $439,000
  • Average % of Asking Price: 94.83%
  • Average # of Days on the Market: 72

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

  • 22 Detached between $500k – $1,000,000 Listed
  • Low: $509,900
  • High: $868,000
  • 6 Detached between $500k – $1,000,000 Sold
  • Low: $515,000
  • High: $940,000
  • Average Selling Price: $633,000
  • Average % of Asking Price: 94.67%
  • Average # of Days on the Market: 33

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

  • 2 Detached over $1,000,000 Listed
  • Low: $1,100,000
  • High: $1,488,000
  • No Detached over $1,000,000 Sold

Condos Listed

List Price


Beds


Baths


Sq Ft


Age


Fireplace


Parking


Maintenance


Type


Contract Date


$248,000 1 1 700-899 0-5 N 1 $257.98 Condo Apt 2/3/2009
$269,000 1 1 700-899 0-5 N 1 $239.42 Condo Apt 2/2/2009
$259,000 1 1 700-899 New N 1 $324 Condo Apt 2/2/2009

Townhomes Listed

List Price


Beds


Baths


Sq Ft


Age


Fireplace


Garage


Basement


Basement2


Contract Date


$392,500 3 3 1500-2000 6-15 Y 1 Full   2/8/2009
$409,000 3 3 1500-2000 0-5 N 1 Full W/O 2/6/2009
$359,900 3 3 1500-2000 0-5 N 1 Finished   2/6/2009
$339,900 3 3 1500-2000 0-5 N 1 Full Unfinished 2/6/2009
$339,000 3 3 1500-2000 0-5 Y 1 Part Fin   2/6/2009
$449,000 3 3 1500-2000   Y 1 Full   2/4/2009
$369,000 3 4 1500-2000 0-5 N 1 Finished Full 2/4/2009
$339,900 3 3 1500-2000   Y 1 Part Fin   2/4/2009
$359,900 3 2 1100-1500 6-15 N 1 Full Unfinished 2/3/2009
$329,900 3 3     N 1 Finished   2/3/2009
$329,800 3 3 1500-2000   N 1 Finished   2/3/2009
$324,990 3 3     N 1 Finished   2/3/2009
$359,900 3 3     Y 1 Finished W/O 2/2/2009

Semi-detached Homes (includes Linked Homes) Listed

List Price


Beds


Baths


Sq Ft


Age


Fireplace


Garage


Basement


Basement2


Contract Date


$423,500 3 4 1500-2000 0-5 Y 1 Finished Sep Entran 2/6/2009
$369,900 3 3 1500-2000   N 1 Full Unfinished 2/6/2009
$414,900 3 4   6-15 Y 1 Finished   2/5/2009
$389,900 3 4   6-15 Y 2 Finished Sep Entran 2/5/2009
$354,900 3 2     N 1 Unfinished   2/3/2009
$349,000 3 3 1500-2000   N 1 Full   2/3/2009
$369,500 3 3 1500-2000 0-5 Y 1 Full Unfinished 2/2/2009

Detached Homes under $500,000 Listed

List Price


Beds


Baths


Sq Ft


Age


Fireplace


Garage


Basement


Basement2


Contract Date


$449,900 3 3 2000-2500   Y 2 Full Unfinished 2/6/2009
$474,900 4 3 2000-2500   Y 2 Finished   2/3/2009
$459,900 4 3     Y 2 Full   2/3/2009
$439,000 3 4     Y 2 Finished   2/3/2009
$434,900 3 4 2000-2500 6-15 Y 2 Apartment Sep Entran 2/3/2009
$399,900 4 3 2000-2500 6-15 Y 1.5 Full Unfinished 2/3/2009
$380,000 3 2 1100-1500 6-15 N 1 Part Fin   2/3/2009
$369,900 3 3     N 1 Finished   2/3/2009
$499,000 4 3     Y 2 Unfinished   2/2/2009
$489,999 4 4     N 2 Finished   2/2/2009
$449,000 4 4     Y 2 Finished   2/2/2009
$439,900 3 4 1500-2000 6-15 Y 2 Finished   2/2/2009

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

List Price


Beds


Baths


Sq Ft


Age


Fireplace


Garage


Basement


Basement2


Contract Date


$539,000 3 3     Y 2 Finished Sep Entran 2/7/2009
$579,999 4 4     Y 2 Finished Sep Entran 2/6/2009
$529,900 4 4 2500-3000   Y 2 Full   2/6/2009
$519,900 5 4 2500-3000 6-15 Y 2 Finished   2/6/2009
$789,900 4 4     Y 3 Finished   2/5/2009
$719,000 4 5     Y 2 Fin W/O   2/5/2009
$549,800 5 4     Y 2 Fin W/O   2/5/2009
$539,000 4 4 2500-3000 0-5 Y 2 Full   2/5/2009
$509,900 4 4 2500-3000 0-5 Y 2 Finished   2/5/2009
$649,000 4 4 2500-3000 New Y 2 Unfinished   2/4/2009
$635,000 4 5     Y 2 Finished   2/4/2009
$590,000 4 3   6-15 Y 2 Finished   2/4/2009
$519,800 4 4 2000-2500   Y 2 Finished Full 2/4/2009
$559,800 4 3     Y 2 Finished   2/3/2009
$533,900 4 3 2000-2500 0-5 Y 2 Unfinished   2/3/2009
$515,000 4 3 2500-3000 New Y 2 Fin W/O   2/3/2009
$868,000 5 4 3500-5000   Y 2 Unfinished   2/2/2009
$824,000 4 3 3000-3500 31-5 Y 2 Part Fin   2/2/2009
$579,900 4 4 2500-3000 6-15 Y 2 Finished   2/2/2009
$579,000 3 4   0-5 Y 2 Finished   2/2/2009
$559,000 4 4 2500-3000 6-15 Y 2 Finished   2/2/2009
$509,900 4 4     Y 2 Finished Sep Entran 2/2/2009

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

List Price


Beds


Baths


Sq Ft


Age


Fireplace


Garage


Basement


Basement2


Contract Date


$1,200,000 3 2   31-5 Y 4 Part Fin   2/7/2009
$2,083,800 4 5 5000+ New Y 4 Unfinished   2/4/2009
$1,098,000 4 5 3500-5000   Y 3 Apartment Fin W/O 2/3/2009
$1,849,900 4 6     Y 5 Finished Sep Entran 2/2/2009

Condos Sold

List Price


Sold Price


% of List


D.O.M


Beds


Baths


Sq Ft


Age


Park


Maint.


Type


Sold Date


$249,000 $220,000 88 65 1 1     1 $291.09 Condo Apt 2/5/2009

Townhomes Sold

List Price


Sold Price


% of List


D.O.M.


Beds


Baths


Sq Ft


Age


Fireplace


Garage


Basement


Sold Date


315000 309000 98 18 3 3     Y 1 Finished 2/6/2009
339000 320000 94 0 3 3 1500-2000 6-15 N 2 Full 2/2/2009
359900 340000 94 31 3 3 1500-2000 0-5 N 2 Unfinished 2/7/2009

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


339500 320000 94 66 3 3     Y 1 Unfinished 2/4/2009
369500 358000 97 22 3 3     N 1 Fin W/O 2/2/2009

Detached Homes Sold

List Price


Sold Price


% of List


D.O.M.


Beds


Baths


Sq Ft


Age


Fireplace


Garage


Basement


Sold Date


417000 400000 96 23 3 3 1500-2000 6-15 Y 2 Fin W/O 2/3/2009
438000 427500 98 69 3 4 1500-2000   Y 1 Finished 2/5/2009
449900 420000 93 157 3 4     Y 2 Finished 2/2/2009
459000 425000 93 11 3 3 2000-2500 6-15 Y 2 Full 2/8/2009
495000 467000 94 75 4 4 2500-3000 6-15 Y 2 Finished 2/3/2009
520000 496000 95 97 4 3     Y 2 Unfinished 2/3/2009
535000 526000 98 31 4 4 2500-3000 0-5 Y 2 Full 2/6/2009
549900 515000 94 4 4 4 2500-3000   Y 2 Finished 2/5/2009
629000 612000 97 23 4 4 2500-3000   Y 2 Finished 2/5/2009
629000 596500 95 102 4 4   6-15 Y 2 Fin W/O 2/2/2009
629900 608000 97 8 4 4 3000-3500   Y 2 Finished 2/3/2009
1079000 940000 87 28 4 5     Y 3 Full 2/5/2009

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Filed under: Real Estate Weekly Review

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