Over the past 12 months, price trends in Vaughan for all property types have shown notable fluctuations. Although the latest benchmark price in June 2025 hovers around $1,205,200 with an average sold price close to $1,220,390, the data indicates a year-over-year decline of approximately 8.1% and a three-month dip of over 3%. This suggests that while prices remain relatively high, there has been a degree of softness in recent months compared to previous peaks. Real estate agents should note these trends when advising clients, as the current pricing environment highlights a need for careful negotiation and realistic pricing strategies against the backdrop of long-term growth, evidenced by substantial gains over five and ten years (19.17% and 62.21%, respectively).

Market supply and demand dynamics also offer actionable insights. The monthly data reveals a steady number of sales juxtaposed with consistently high new and active listings – for instance, June 2025 marked 277 sales against 899 new listings and 1,554 active listings, resulting in a months-of-inventory level of roughly 5.6 and an average days-on-market approaching 29 days. This balance suggests a market that, while competitive, is trending toward a slight over-supply that can slow price momentum. Agents can use this information to advise sellers on the benefits of realistic pricing and strategic timing, as well as guide buyers to negotiate effectively in an environment that might favor slower, more measured transactions.

Read the full article on: Toronto Regional Real Estate Board