Mississauga House Price Report May 2024

Mississauga House Price Report May 2024 – According to the Toronto Real Estate Board, listings were up markedly in April in comparison to last year and last month. Many homeowners are anticipating an increase in demand for ownership housing as we move through the spring. While sales are expected to pick up, many would-be home buyers are likely waiting for the Bank of Canada to actually begin cutting its policy rate before purchasing a home,” said TRREB President Jennifer Pearce. Here are the GTA Results over last month;

Freehold Trends in Mississauga Real Estate

Click HERE for the Freehold Market at a Glance.

  • 66% of all GTA areas had more sales than in February.
  • 52% also saw an increase in average sale price.
  • Top 5 Areas for Freehold Price Appreciation YTD 2024 – Whitchurch- Stouffville, Burlington, Caledon, Pickering, Halton Hills

Condo Trends in Mississauga Real Estate

Click HERE for the Condo Market at a Glance.

  • 55% of all GTA areas had more sales than in February.
  • 62% also saw an increase in average sale price.
  • Top 5 Areas for Condo Apartment Price Appreciation YTD 2024 – Oshawa, Whitby, Clarington, Milton, Pickering

Erin Mills Real Estate Trends

 

Streetsville Real Estate Trends

East Credit Real Estate – Meadowvale Real Estate – Sheridan Real Estate – City Centre Real Estate

Mississauga House Price Report May 2024

Mississauga Real Estate Statistics;  all housing types

  • Average Price – $1,126,060
  • Median Price – $980,000
  • Sales to New Listings Ratio – 44.5%
  • Months on inventory – 2.6
  • Sale to List Price Ratio – 102%
  • Average Days on Market 30

Average Mississauga Home Prices – Mississauga House Price Report May 2024

  • Detached Average Price – $1,658,217
  • Semi-Detached Average Price – $1,070,216
  • Town Home Average Price – $814,287
  • Condo Apartment Average Price – $627,012

 

Mississauga House Price Report May 2024

Scott Brubacher Broker – Royal LePage Meadowtowne Realty Brokerage

6948 Financial Drive Mississauga ON L5N8J6 647.223.0237

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