Concord-Vaughan, Vaughan - August 2026 Real Estate Report

Concord-Vaughan Real Talk: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you own a house in Concord-Vaughan, here is the honest picture. The market is not on fire, but it is not soft either. Houses are selling in an average of 8 days and closing at 101% of list price. That means buyers are still competing. That is a sellers' market, full stop.

Condos are a different story. One condo sold last month, it sat for 62 days, and the buyer paid 95 cents on the dollar. If you own a condo here and you are thinking about selling, you need to go in with realistic expectations. The good news? The HonestDoor Price for condos is up 3.53% from the previous period, so the underlying value is moving in the right direction.

Houses vs. Condos - Breaking It Down

Here is what the numbers actually look like for us right now:

• House HonestDoor Price: $1,761,473 (down a slim 0.34% from last period)
• House average sale price: $1,359,500
• House price per square foot: $624
• Houses selling at: 101.11% of list price
• Average days on market for houses: 8 days - fastest in Vaughan (ranked 1 out of 8)
• House rental estimate: $6,099 per month
• House Airbnb potential: $303 per night (ranked 3rd in Vaughan)

• Condo HonestDoor Price: $701,678 (up 3.53% from last period)
• Condo average sale price: $496,000
• Condo price per square foot: $382
• Condos selling at: 95.38% of list price
• Average days on market for condos: 62 days
• Condo rental estimate: $3,211 per month
• Condo rental yield: 3.54%

One thing worth noting on condos - our HonestDoor Price of $701,678 sits well above nearby neighbourhoods. Thornhill South condos are averaging $564,367 and Newtonbrook West is at $540,687. We are the priciest condo market in the immediate area, which tells you something about what buyers think of this location.

The Neighbourhood Leaderboard - Where Do We Actually Stand?

Let us be straight with you. On the leaderboard for growth, houses in Concord-Vaughan rank 11 out of 12 comparable neighbourhoods in Vaughan. That is near the bottom. Property values for houses have dipped 0.72% recently. This is not a crash - it is the market taking a breather - but it is worth knowing before you make any big decisions.

Condos rank 6 out of 12 for growth. That puts us in above-average territory, which is a decent position given how much the broader condo market has struggled across the GTA.

The speed stat for houses is the real standout. Ranked 1st out of 8 for days on market means when a house lists here, it moves. That is a genuine competitive edge for sellers.

The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here is something most homeowners in Concord-Vaughan do not think about until it is too late. Your city assessment is a snapshot from the past. It does not update in real time. It does not know what sold on your street last month. It does not factor in current buyer demand or where rental rates are heading.

The HonestDoor Price does all of that. Right now, the HonestDoor Price for a house here is $1,761,473. The 3-month moving average is $1,751,532, and the predicted market value is $1,767,554. Those three numbers are telling you the same thing - your home is likely worth significantly more than whatever the city last told you on a tax notice.

For condo owners, the HonestDoor Price of $701,678 versus a recent sale average of $496,000 shows a gap worth understanding before you price anything. That gap reflects long-term value versus short-term market conditions. Knowing the difference is how you avoid leaving money on the table.

So What Does This Mean If You Are Thinking About Selling This Summer?

If you own a house in Concord-Vaughan and you have been sitting on the fence, this summer is worth a serious look. Houses are moving in 8 days and selling above asking. Buyers are still showing up. The growth rank is not flashy, but the speed and sale-to-list ratio tell you demand is real.

If you own a condo, the play is different. Price it right from day one. The data shows buyers here are negotiating, and a 62-day sit is not what anyone wants. The HonestDoor Price gives you a real-world anchor so you are not guessing.

Either way, the smartest first move is checking your HonestDoor Price before you call an agent, set a list price, or make any assumptions based on what your neighbour sold for two years ago. The market has moved. Your number should reflect that.

• House rental yield: 3.99% - solid passive income if selling is not the plan
• Condo Airbnb potential: $160 per night - ranked 8th in Vaughan
• House Airbnb potential: $303 per night - ranked 3rd in Vaughan
• Thornhill South houses at $2,229,075 show where the ceiling is in this part of the city

Bottom line - Concord-Vaughan is not the hottest growth story in Vaughan right now, but houses here sell fast and sell strong. Know your number. Make your move with real data behind you.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.