Joe Andreoli
Sales Representative

Visit my blog
Visit me on Facebook
Follow me on Twitter
My videos on YouTube
Visit me on LinkedIn
Personal Information
Search For Property
Buying A Home
Selling A Home
Information Centre
Mortgage Calculator & More
Vaughan Real Estate Homes For Sale - Neighbourhoods
Vaughan Condominiums For Sale
Vaughan Commercial Real Estate
VIP Pre-Construction Condominium Projects
Vaughan Real Estate - Community Neighbourhoods
Market Watch Reports
Joe's Referral Zone - A Select Few
Vaughan Real Estate - Vaughan Homes For Sale - Just Sold - Find Out What Homes Sold For in Vaughan
Client Reports
print version
Vaughan Real Estate - Vaughan Homes For Sale - Market Update - September 2011
 
     After a fabulous summer, I must say that it is nice to get back into a regular routine. The kids are back in school, the buyers are back in full force and the sellers that were waiting for the summer to finish, are slowly putting their homes on the market. As I write this market update, we are hitting the Thanksgiving long weekend and we have lots to be thankful for from a real estate perspective. We have an economy that seems to be holding off the pressures from all around the world. We have low interest rates that don't look like they will be rising any time soon and we are in a very tight market with low inventory which continues to bode well for sellers.
     The summer was a very active one for most good agents and their buyers and sellers. We have experienced strong growth in sales this year, with a much more active summer compared to last year. We are still struggling with a lack of good inventory or listings out there. With a lack of listings, buyers seem to be getting very aggressive resulting in multiple offer situations and escalating home prices. As I have been mentioning for months, this is a great time to be putting your home on the market if you have been thinking about it.
     As I will share with you right now, we are definitely in a seller's market. The Toronto Real Estate Board published September market statistics by area last week and I have reviewed the key indicators and will interpret the September numbers for the Vaughan Real Estate Market. In a nutshell, the market is definitely favouring the seller's these days. Inventory is tight and there are quite a few buyers aggressively looking.
     Here are my observations for those that are interested, on the Vaughan Real Estate Market. These quick facts and figures on Vaughan Real Estate and Vaughan Homes For Sale for September 2011 were taken directly from the number that the Toronto Real Estate Board publishes each month.
     The Vaughan Real Estate market for September had 265 transactions in the month which was actually 4 fewer home trancactions compared to the prior month of August. The average price of these transactions was $556,437 which is substantially higher than the year to date average of $546,931. This $10,000 increase makes all kinds of sense if there are fewer listings than normal and aggressive buyers. The old supply and demand theory at work for us again.
     The only other significant number to really look at is the average number of days on the market for a home to sell has gone up to 27 days for September. This is up 4 days compared to the year to date number of 23 days. This increase could be a function of sellers trying to capitalize on the tight inventory situation and consequently putting these homes on the market at higher prices and, as a result, they take longer to sell.  
     Again, the Vaughan Real Estate Market remains positive relative to average selling price versus the prior year and with more buyers looking at fewer available units, the numbers make sense. 
     That's pretty much it for Vaughan Real Estate and Vaughan Homes For Sale for September. Watch for my October Market Update in the first week of November.
     If you want to see these market update numbers for any month and for any area or region, please visit my website at www.AtYourServiceAlways.com and look at the left menu for the month you are looking for. 
     By the way, when you are dealing with any Realtor, make sure they know these facts as well. If not, find one that does. Have a great day.
View more services  
adminlistingsprivacy policycontactsite map

Top Remax Agent Vaughan Vaughan Homes For Sale Vaughan Condos For Sale Vaughan Condos Real Estate Listings Centro Square Condos for Sale Homes For Sale Vaughan Vaughan Real Estate Listings Kleinburg Homes For Sale Kleinburg Real Estate Listings Woodbridge Real Estate Agent Woodbridge Homes For Sale Woodbridge Real Estate Listings East Woodbridge Real Estate Listings East Woodbridge Homes For Sale West Woodbridge Real Estate Listings West Woodbridge Homes For Sale Maple Homes For Sale Maple Real Estate Listings Sonoma Heights Real Estate Listings Sonoma Heights Homes For Sale Vellore Village Real Estate Listings Vellore Village Homes For Sale Vellore Woods Homes For Sale Vellore Woods Real Estate Listings Islington Woods Homes For Sale Islington Woods Real Estate Listings National Estates Homes For Sale National Estates Real Estate Listings Weston Downs Real Estate Listings Weston Downs Homes For Sale Rural Vaughan Real Estate Listings Rural Vaughan Homes For Sale Vaughan Valley Real Estate listings Vaughan Valley Homes For Sale Vaughan Grove Homes For Sale Vaughan Grove Real Estate Listings Elder Mills Real Estate Listings Elder Mills Homes For Sale Woodbridge Highlands Real Estate Listings Woodbridge Highlands Homes For Sale Thornhill Woods Homes For Sale Thornhill Woods Real Estate Listings Upper Thornhill Woods Homes For Sale Upper Thornhill Woods Real Estate Listings Patterson Real Estate Listings Patterson Homes For Sale Glen Shields Real Estate Listings Glen Shields Homes For Sale Dufferin Hills Real Estate Listings Dufferin Hills Homes For Sale Brownridge Real Estate Listings Brownridge Homes For Sale Beverley Glen Real Estate Listings Beverley Glen Homes For Sale Uplands Homes For Sale Uplands Real Estate Listings Lakeview Estates Homes For Sale Lakeview Estates Real Estate Lisitngs Crestwood Springfarms Yorkhill Homes For Sale Crestwood Springfarms Yorkhill Real Estate Listings Vaughan Commercial Real Estate Agent Vaughan Commercial Real Estate Listings Joe Team Andreoli