The New Street March 2022 Mississauga Real Estate Report //
Prices //
-
The average price of a home in Mississauga was $963,829 in July 2021.
-
This figure was down by approx 5% from last month (June 2021).
-
The average price increased from last year by approx. 6% (July 2020).
-
Towns and Detached homes saw the largest increase from last year (July 2020) at 25% and 22% respectively.
Sales Activity //
-
With 920 sales, volume decreased from last month (June 2021) by approx.12%.
-
Sales activity was down from last year (July 2020) by approx. 8%.
-
Condo Towns & Condo suites saw the largest spike in activity, by 26% and 16% respectively.
Market //
-
There is currently 1.1 month of supply on the market on average.
-
Homes are selling for 103% of their listing price on average.
Analysis //
-
The real estate market in Mississauga continues to outperform historical records.