Mississauga Homes Daily May 2018

Mississauga House Price Report May 2018

Mississauga Real Estate – According to the Toronto Real Estate Board market watch report released in May 2018, across the GTA, the number of sales was down by 32.1% since the same time last year. Moreover at the same time, the number of new listing decreased by 24.6%. Mississauga House Price Report May 2018

In Mississauga it’s a good real estate market for both buyers and sellers:

  • Firstly, the key indicator of a balanced market is the sales to new listing ratio. The SNLR is currently at 49.1% which is right in the middle between a buyers market and sellers market.
  • Secondly, it takes and average of 19 days to sell your home at 98% of the asking price. The average Mississauga home price is $721,160.
  • Correspondingly, Mississauga house prices are stable and the Canadian economy is strong with one of the lowest jobless rates in many years at 5.8%.
  • Finally, investors are sitting on the sidelines which leaves more homes available for families who want to move into them.

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Mississauga House Prices for May 2018:

Avg. house price Mississauga Toronto Milton
(All home types) $ 721160 $ 865817 $ 708122

o Average Days on market (DOM)                 19 days
o Average Sale Price to List Price (SP/LP)    98%
o Sales to New Listings Ratio (SNLR)           49.1%

May 2018 All House Types in Mississauga Avg. Prices

Mississauga House Price Report May 2018

Mississauga House Price Chart last 12 months

 Detached                $1098911
 Semi-Detached     $ 703032
 Condo TH              $ 552045
 Condo Apt             $ 435254
 Link                         $ 718333
 Freehold TH          $ 739759
Total Average   $ 721160




In conclusion the story in Mississauga is that it’s a great time to buy and sell Mississauga real estate. Call me if you have any question on the Mississauga House Price Report May 2018

Mississauga House Price Report May 2018 Video


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Mississauga House Price Report May 2018