Mississauga House Price Report November 2018

Mississauga House Price Report November 2018

Mississauga Real Estate – November 2018 According to the Toronto Real Estate Board market watch report  across the GTA, average sale prices have increased on average 3.5% since November 2017. Likewise sales volume has increased by 6%. Mississauga House Price Report November 2018

New M3 Condo building will be the tallest in Mississauga

Mississauga House Price Report November 2018

M3 Condo Building

In Mississauga Real Estate News:

  • Affordability for homes remains a concern in Mississauga average price of a Condo Apt at $422,000 for last month.
  • Firstly it’s a seller’s market in Condo Apartments, Semi-detached and Town Homes.
  • On the other hand it’s a buyer’s market with deals to be had in higher end detached homes.
  • On average you will sell your home in 23 days at 97% of asking if its priced right.
  • Significantly, Edward Rogers, Mayor Bonnie Crombie and the M City team unveiled plans for M3, a new 81-storey condo tower in Square One area. The M3 Condo building will be the tallest in Mississauga “by a significant margin” and one of the tallest in the GTA. Whereas the current highest building in Mississauga is the Marilyn Monroe (Absolute World) at 56 floors.
  • By all means You can register for FREE to our upcoming Mississauga Home Buyers Class

Mississauga House Prices for November 2018

Mississauga House Prices reported in September  2018

Avg. house price            Mississauga          Toronto                Milton

(All home types)           $ 693,920               $ 869,870             $ 733,452

 

All House Types in Mississauga Avg. Prices    

                               

  • Detached                 $ 1041,485
  • Semi-Detached      $ 720,909
  • Condo TH               $ 543,239
  • Condo Apt               $ 442,007
  • Link                          $ 744,500
  • Freehold TH           $ 708,333
  • Total Average     $ 693,920            

 

Mississauga House Price Report November 2018

Mississauga House Prices

Mississauga House Price Report

Mississauga House Price Report November 2018

 

In conclusion the news in Mississauga real estate for November is the new development of the tallest Condo in Mississauga – over 81 stories. The Mississauga downtown core will intensify with high rise as demand grows for affordable housing. Indeed, it’s been a soft landing for detached homes as the result of a tight money supply and more stringent lending regulation. Significantly,  low rise townhomes, semi-detached and Condo Apartments are still the leader in demand for Mississauga home buyers.  Lastly register for our upcoming Mississauga Home Buyers Class to get the most up to date Mississauga real estate information.

Mississauga House Price Report November 2018 Video

 

 

Thanks we are here to help! Call me. –Scott        (O) 905-821-3200              © 647-223-0237