Concord-Vaughan, Vaughan - September 2026 Real Estate Report

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

The Vibe Right Now

If you've been watching the "For Sale" signs in Concord-Vaughan lately, here's what's actually happening. The market is split into two very different stories depending on whether you own a house or a condo. And the gap between what the city assessed your place at and what it's actually worth right now? That gap is real, and it matters to your wallet.

Houses: Still a Sellers' Game

Let's start with the good news for house owners. The HonestDoor Price for houses in Concord-Vaughan sits at an average of $1,746,797. Yes, that's down a modest 0.83% from last period - a small breather, not a freefall. The predicted market value for houses is $1,761,473, which is actually running slightly below the 3-month moving average of $1,769,790. So we're in a gentle cooling phase, not a crash.

The sales data tells a more interesting story though. The two houses that sold recently went for an average of $1,359,500, and they sold for 101.11% of the asking price. Buyers paid over list. That doesn't happen in a soft market. On top of that, those homes were gone in an average of 8 days. Eight days. That earns Concord-Vaughan a days-on-market rank of 1 out of 8 neighbourhoods in Vaughan - the fastest-selling in the city.

• Average HonestDoor Price (Houses): $1,746,797
• Predicted Market Value: $1,761,473
• Average Sale Price: $1,359,500
• Sale-to-List Ratio: 101.11% - buyers paid above asking
• Average Days on Market: 8
• Price Per Square Foot: $624
• Estimated Monthly Rent: $6,099 with a 4.00% rental yield
• Neighbourhood Growth Rank: 9 out of 12 in Vaughan

The one number to watch is that growth rank - 9 out of 12 puts us in the below-average tier on the Vaughan neighbourhood leaderboard. The house values are high, but they aren't climbing as fast as some other parts of the city right now. That context matters if you're thinking long-term.

Condos: A Buyers' Market With a Silver Lining

The condo picture is a different conversation. The HonestDoor Price for condos averages $698,004, down 0.52% from last period. The one condo that sold recently went for $496,000 - and it sold at 95.38% of the list price, meaning the buyer negotiated a discount. It also sat on the market for 62 days. That's a buyers' market, plain and simple.

Here's the silver lining though. The predicted market value for condos is $701,721, and that number is actually trending up from the 3-month moving average of $686,890. Values have moved up 3.53% recently, which ranks 7 out of 12 on the Vaughan neighbourhood leaderboard - still below average, but the direction is positive. And compared to nearby Thornhill South condos at $564,367, Concord-Vaughan condos are priced higher, which reflects the location premium we have here.

• Average HonestDoor Price (Condos): $698,004
• Predicted Market Value: $701,721
• Average Sale Price: $496,000
• Sale-to-List Ratio: 95.38% - buyers are negotiating discounts
• Average Days on Market: 62
• Price Per Square Foot: $382
• Estimated Monthly Rent: $3,211 with a 3.50% rental yield
• Neighbourhood Growth Rank: 7 out of 12 in Vaughan
• Airbnb Rank in Vaughan: 6th - solid short-term rental potential at $158 per night

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

Here's the thing about your city assessment - it's a snapshot from the past. The city runs its assessments on a cycle, and by the time that number lands in your mailbox, the market has already moved. The HonestDoor Price is updated in real time using actual sales data, listing activity, and current market signals. It's the real-world check against a static government number.

For house owners in Concord-Vaughan, the HonestDoor Price of $1,746,797 is the number that reflects what a buyer would actually pay today - not what the city decided your home was worth based on data from a year or two ago. If you're making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the number you should be looking at first.

Condo owners, this applies to you too. Your predicted value of $701,721 is trending upward even while the broader condo market is soft. That's useful information that your tax assessment simply cannot give you.

So What? What This Means If You're Thinking About Selling This Summer

For house owners, the timing is genuinely good. Homes are selling in 8 days and buyers are paying over asking. If you list this summer, you're entering a market that is still working in your favour. The growth rank of 9 out of 12 means you're not riding a rocket ship, but you're also not waiting for a recovery. The demand is here right now.

For condo owners, summer 2025 requires a sharper strategy. With 62 days on market and buyers getting discounts, pricing right from day one is everything. Overpricing and then dropping is the worst move in a buyers' market - it signals desperation and buyers know it. Come in at the right number, lean into the rental income story ($3,211 per month estimated rent is a real selling point for investor buyers), and you can still get a deal done.

Either way, pull your HonestDoor Price before you do anything else. It's free, it's current, and it's the most honest starting point you have before you sit down with an agent or a lender. The city's assessment is their number. The HonestDoor Price is yours.

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.