Mississauga MLS® current stats show an average house price of $1.3 Million and 853 new listings in the last 28 days. As of today, Mississauga housing data indicates median days on the market for a home is 15 days.
1. Listings on Market:
Mississauga real estate market presents a wide range of residential properties, catering to varying preferences and budgets. Here’s a look at the current listings in each category:
The market currently boasts 691 homes for sale in Mississauga, ensuring ample opportunities for potential buyers to find their dream homes.
With 260 townhomes available, Mississauga’s townhome market remains a popular choice, balancing affordability and comfort.
Mississauga’s condo market features 564 listings, offering convenience and style for those looking for a more compact living arrangement.
2. Average Listings Price in the Last Month:
Understanding the average listing prices over the Last Month is crucial in assessing the affordability and market trends of these properties:
The average listing price for homes in Mississauga over the last Month stands at $1.7 million, showcasing the city’s commitment to quality and value within the real estate market.
Townhomes in Mississauga have an average listing price of $864.4K during the same period, reflecting the balance between affordability and the quality of life they offer.
The condo market in Mississauga has an average listing price that has seen a moderate increase of 1.47%, demonstrating the growth potential and market competitiveness.
3. Change in Average Listing Price:
Understanding the shifts in average listing prices provides crucial insights into the evolving market dynamics:
The average listing price for homes in Mississauga increased by 3.43% over the last month, indicating the city’s resilience and steady growth in the real estate market.
The townhome market in Mississauga experienced a slight decrease of -1.85% in the average listing price, showing market adaptability and opportunities for savvy buyers.
Condos in Mississauga are showing potential with a 1.47% increase in average listing prices, suggesting a competitive market for both buyers and sellers.
4. Average SOLD Price in the Last Month:
Examining the average sold prices provides valuable insights into the real transaction values within the market:
Mississauga’s homes saw a moderate 0.55% increase in the average sold price over the last month, indicating steady demand and stable property values.
The average sold price for townhomes in Mississauga saw a –1.65 % decrease during the same period, offering opportunities for buyers in this segment.
Condos in Mississauga experienced a healthy 2.47% increase in average sold prices, underscoring their desirability and market strength.
Inventory & SOLD Statistics:
In the last 60 days, the Mississauga real estate market demonstrated substantial activity:
There were 1,243 new home listings, with 481 homes sold during this period. The average days on the market for homes was 14 days, and the selling-to-listing price ratio stood at 100.53%.
The townhome market featured 532 new listings and 213 townhomes sold in the last 60 days. The average days on the market for townhomes was 15 days, with a selling-to-listing price ratio of 101.05%.
For condos, the market witnessed 884 new listings and 310 condo sales in the last 60 days. The average days on the market for condos was 18 days, with a selling-to-listing price ratio of 100.01%.