Mississauga real estate

Mississauga House Price Report November 2017

Mississauga Real Estate – According to the Toronto Real Estate Board market watch report for November 2017, Condo Town homes and Condo Apartments were highest house types in demand for buyers across the GTA.  Chiefly, the HPI (house price index) increased by 9.7% over the last 12 months. Another key point is that sales volume was down year over year. Notably though there was an increase in buyer demand between September and October this year pointing to a stronger fall market. Mississauga House Price Report November 2017

In general market conditions are balanced in Mississauga

On this side here in Mississauga for October the average house price for all types was $685860. In general  market conditions are balanced in Mississauga with the number of new listings being roughly equal to the number of sales. To demonstrate the Sales to New Listings Ratio(SNLR) was 55.4% during October. Correspondingly, the average price for detached homes was  $1,034,338 an increase slightly from the month before. Important to realize it halts the correction we have seen over the last few months. Notably demontrated on the chart below.

In fact Mississauga continues to attract Toronto home buyers namely because Mississauga houses are $132,341 savings than an equivalent Toronto home.

Mississauga House Price for November  2017

Avg. house price            Mississauga          Toronto                Milton

(all home types)             $685,860              $818,201              $723,170

 

  •  Average Days on market (DOM)                 24 days
  • Average Sale Price to List Price (SP/LP)    97%
  • Sales to New Listings Ratio (SNLR)             4%
  • November 2017 All House Types Avg. Prices              
  • Detached                $1,034,338
  • Semi-Detached     $692,869
  • Condo TH               $532,711
  • Condo Apt              $395,683
  • Link                         $755,250
  • Freehold TH          $698,326
  • Total Average        $685,860

Mississauga House Price Report November 2017

Mississauga House Price Report November 2017

Mississauga House Prices – TREB Market Watch November 2017

 

 

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Finally, in the event that you have any questions or moreover need help, feel free to reach out! Erin Mills Real Estate, Streetsville Real EstateMeadowvale Real Estate , Lisgar Real Estate , East Credit Real EstateChurchill Meadows Real EstateMeadowvale Village Real EstateErindale Real EstateSheridan Real Estate

 

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