Mississauga Real Estate Market:
The Mississauga real estate market offers a dynamic mix of stability, growth, and potential investment opportunities across various property types. Mississauga MLS® recent statistics indicate an average house price of $1,303,490 and 853 new listings in the last 28 days. Mississauga housing current data indicates that the median days on the market for a home is 15 days.
Listings on the Market:
Currently, there are 691 active listings for homes, offering a diverse spectrum of housing options catering to various preferences and lifestyles.
Mississauga real estate market showcases 260 townhome listings, providing an enticing selection for individuals seeking a balanced urban lifestyle.
The market boasts 564 condominium listings, offering contemporary living spaces suited for modern urban dwellers.
Average Listing Price in February:
Over the past three months, the average listing price for homes has reached $1.7M, marking a 3.43% increase and reflecting the escalating demand and value in this segment. Townhome listings feature an average price of $864.4K with a slight -1.85% decrease in November, highlighting a nuanced shift in this housing category.
Condominiums present an average listing price of $685.8K, experiencing a moderate 1.47% increase in November, demonstrating a growing interest in urban condo living.
Change in Average Listing Price:
The average listing price for homes saw a significant 3.43% increase, indicating a robust market demand and heightened value perception for residential properties in Mississauga. Despite a -1.85% decrease in the average listing price, townhomes continue to offer an attractive housing option within the market, albeit with a nuanced pricing adjustment. Condos witnessed a moderate 1.47% rise in the average listing price, emphasizing the growing popularity of urban condominiums living in Mississauga.
Average SOLD Price in February:
The average sold price for homes in Mississauga over in November stands at $1.4M, depicting a subtle 0.55% increase in value, showcasing the market’s stability and sustained demand. Townhome properties exhibit an average sold price of $881K, experiencing a -1.65% decrease in November, representing a minor adjustment in this housing segment.
Condominiums showcase an average sold price of $644.7K, presenting a 2.47% increase in value, affirming the growing appeal of urban condo lifestyles.
Change in Average SOLD Price:
A slight 0.55% increase in the average sold price for homes signifies market stability and sustained demand for residential properties within Mississauga.
Despite a -1.65% decrease in average sold price, townhomes continue to offer an attractive option within the market, albeit with a minor price adjustment.
Condos witnessed a 2.47% increase in the average sold price, signifying growing appeal and value appreciation within this housing category.
Inventory & SOLD Statistics:
Over the last 60 days, Mississauga saw 1243 new listings for homes, with 481 properties sold, signifying a vibrant landscape for both buyers and sellers.
Townhome listings included 532 new listings and 213 properties sold in the same period, showcasing sustained interest in this housing segment.
The condominium market presented 884 new listings and 310 properties sold in the last 60 days, displaying a robust and evolving trend in urban condo living.
Properties in Mississauga spend an average of 14 days on the market, emphasizing the market’s swift pace and attractiveness to potential buyers. Furthermore, boasting a commendable selling-to-listing price ratio of 100.53% for homes, 101.05% for townhomes, and 100.01% for condos, the market showcases a healthy equilibrium between demand and value.
