Vaughan Market Update December 2011

Are you wondering about Vaughan Real Estate? Is it a good time to buy a home in Vaughan?  Is it a good time to sell a home in Vaughan? If you have any questions regarding Vaughan Real Estate just fill out the form below and I'd be glad to help.

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Hey everybody, David Ursino talking to you about Vaughan real estate as always. Beyond me soundinga little funny because I’m just getting over the flu, The Toronto Real Estate Board put out their Market Watch Report that talks about the health of the real estate market in the GTA for the month of November. So this is going to be a Vaughan real estate market update. So what’s been happening? Well we’ve had a very busy November with 283 sales. That’s the highest number in the past 4 months. So it continues to be a very busy fall season. The average price of a home in Vaughan has gone up to just under $550k and it takes about 28 days to sell the average home in Vaughan. That’s gone up from 23 days back in October. This 5 day difference is due to the seasonal fluctuations that we get every year as we get into the holiday season. The inventory continues to be low. 1.9 months worth of inventory for the past 5 months. So it continues to be low inventory, interest rates continue to be low so there’s a lot of demand and low supply. It continues to be a strong seller’s market. If you’re thinking of selling, winter time is a great time to sell because you have fewer listings out there, so less competition. It’s actually a great time to sell your home. If you want to see this in a graph format, go to my website http://DavidUrsino.com and look at the market stat section. That’s it for me, if you have any questions about this or anything else related to Vaughan real estate by all means, shoot me an email…I’m at This e-mail address is being protected from spambots. You need JavaScript enabled to view it . Thanks very much and have yourself a great day.