Concord-Vaughan, Vaughan - October 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 short version: buyers are still competing for your property. The average sale price sits at $1,359,500, and homes are selling for 101.11% of list price. That means sellers are getting more than they ask for. On top of that, houses are moving in an average of 8 days. Eight. That is not a slow market - that is a sprint.
Condos are a different story. We are seeing a buyers' market over there. One condo sold at 95.38% of list price, and it sat for 62 days before finding a buyer. If you own a condo here, you need to price it right from day one - there is no room for wishful thinking.
Houses vs. Condos - Breaking It Down
Houses
- Average HonestDoor Price: $1,807,077 - up 3.45% from last period
- Average sale price: $1,359,500
- Current listings averaging: $1,344,000
- Price per square foot: $624
- Sold at 101.11% of list price - buyers are paying over ask
- Average days on market: 8 - ranked 1st out of 8 neighbourhoods in Vaughan for speed
- Estimated monthly rent: $6,069 with a 4.01% rental yield
- Airbnb potential: $308 per night - ranked 3rd in Vaughan
- Growth rate ranks 9 out of 12 on the neighbourhood leaderboard
Condos
- Average HonestDoor Price: $697,944 - essentially flat, down just 0.02%
- Average sale price: $496,000
- Current listings averaging: $520,000
- Price per square foot: $382
- Sold at 95.38% of list price - buyers have negotiating room
- Average days on market: 62 - it is a slow burn right now
- Estimated monthly rent: $3,187 with a 3.51% rental yield
- Airbnb potential: $159 per night - ranked 7th in Vaughan
- Growth rate ranks 4 out of 12 on the neighbourhood leaderboard - above average
- Predicted market value of $698,147 is higher than nearby Thornhill South at $568,947
The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here is something most Concord-Vaughan homeowners do not realize. Your city assessment is a snapshot from the past. It does not update in real time, and it does not care that your neighbourhood just had houses sell over asking in 8 days flat.
The HonestDoor Price is different. For houses, it is sitting at $1,807,077 - a number that reflects what is actually happening on the ground right now, not what a government office decided your home was worth a year or two ago. That gap between the HonestDoor Price and the average sale price tells a story worth paying attention to. It means there is real equity sitting in these homes that a static assessment will never capture.
For condo owners, the HonestDoor Price of $697,944 is still running well ahead of comparable units in Thornhill South, Newtonbrook West, and Thornhill North. Concord-Vaughan condos are holding their own in the price rankings, even while the broader condo market takes a breather.
The "So What?" - 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. Homes are selling fast - 8 days on average - and buyers are still paying above list. That is not a market that punishes sellers. The growth rank of 9 out of 12 on the neighbourhood leaderboard means we are not leading the pack, but the speed of sales tells us demand is real and it is here now.
Compare that to neighbours like Thornhill South, where the HonestDoor Price for houses hits $2,135,945. If you are thinking about upsizing and moving nearby, now is a reasonable time to sell before that gap widens further.
For condo owners, the honest advice is this: be patient, price sharp, and do not anchor to the listing average of $520,000 when recent sales are closing at $496,000. The market is telling you something - listen to it. The upside is that your condo is still worth more than most comparable units in surrounding neighbourhoods, and the predicted value trend is actually ticking upward against the 3-month average.
Bottom line - check your HonestDoor Price before you do anything else. It is the real-world number, not the government's best guess from last year.
concord-vaughan | vaughan | october 2026This 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.