mississauga-house-price-report-january-2020

Mississauga Real Estate – January 2020 According to the latest Toronto Real Estate Board Market Watch Report, buyers are back in the market in the second half of last year. Partially due to strong local economy and lower mortgage rates. In fact, GTA sales volume is way up at 17.4% over the same time last year. At the same time, there is a decline in the rate of new listings. Mississauga House Price Report January 2020

As well in Mississauga, the local strong economy is attracting high immigration and many are buying homes as they settle here. Further Mississauga is leading the way in price growth with a median price increase of 5.5 percent over same time last year. Currently it takes an average of 25 days to sell your home at 98% of asking if the price is right. It’s a hard sellers market and the average house price in Mississauga is $760,005

Mississauga House Prices reported in January 2020

Avg. house price (All home types)

Mississauga $789,760

Toronto $910,419

Milton $747,646

All House Types in Mississauga House Prices (Average)

Detached $ 1,104,975
Semi-Detached $768,468
Condo TH $609,946
Condo Apt $513,566
Link $745,667
Freehold TH $758,060
Total Average $789,760

Mississauga House Prices Chart

In conclusion in Mississauga real estate, it’s predicted for this coming Spring we’ll see moderate price growth. In addition, it’s a good time to sell because there are not enough homes for sale to meet buyer demand. Therefore, it’s a strong seller’s market.

Mississauga House Price Report January 2020

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Market Stats for Mississauga