Mississauga Real Estate Statistics

Mississauga real estate average sold price in the last 30 days (March 10 - April 8) was $1,071,519, which is $48,330 (4.5%) higher than the average price of $1,023,189 in the previous 30 day period (February 9 - March 9), and $39,686 (3.7%) up from the same period 1 year ago ($1,031,833). Mississauga real estate prices over the last 30 days are also $44,785 (4.2%) higher than the average selling price of $1,026,734 over the past year.

Mississauga average sold price for homes was $1,476,198 in the last 30 days (March 10 - April 8), which is $82,544 (5.6%) up from the average home price of $1,393,654 in the previous 30 day period (February 9 - March 9), and $99,065 (6.7%) higher than the same period 1 year ago ($1,377,133). In the last 30 days Mississauga the average home price was $122,596 (8.3%) higher than the average selling price of $1,353,602 over the last 12 months.

Average Mississauga condo sold price over the last 30 days (March 10 - April 8) was $605,275. During this period it was $9,517 (1.6%) down from the average price of condo of $614,792 during the previous 30 days (February 9 - March 9), and $27,752 (4.6%) lower compared to the same period 1 year ago ($633,027). In the last 30 days Mississauga the average condo price was $25,322 (4.2%) lower than the average selling price of $630,597 over the last year.

Average sold price of Mississauga townhouse was $852,527 in the last 30 days (March 10 - April 8), up $10,469 (1.2%) from the average townhome price of $842,058 over the previous 30 days (February 9 - March 9), and $18,345 (2.2%) lower than during to the same period 1 year ago ($870,872). Over the last 30 days the average townhouse price in Mississauga was $9,963 (1.2%) higher compared to the average selling price of $842,564 over the last 12 months.

Average selling price for Mississauga real estate was $1,071,519 in the last 30 days (March 10 - April 8), which is collectively $8,215 (0.7%) lower than the average asking price of $1,232,687. This represents a decline of $2,572 (45.6%) compared to $5,643 (0.5%) Sold-Under-Asking price from the previous 30 day period (February 9 - March 9).

The maximum Sold Over/Under Asking ratio in Mississauga during the last 12 months was recorded in May, 2023 with an average of $31,900 over the asking price, while the minimum occurring in November, 2023 with $34,582 below the asking price.

Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Mississauga was 75.8% with 797 properties sold and 1,038 new properties listed in the past 30 days (March 10 - April 8). This represents an increase from 54.6% recorded during the previous 30 day period (February 9 - March 9), and an increase from 68.0% compared to the same period one year ago.

Over the the last year the highest SNLR in Mississauga was 88.6% recorded in December and the lowest was in September at 31.1%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.

The Average Days on the Market (DOM) for 797 properties that were successfully sold in Mississauga in the last 30 days (March 10 - April 8) was 20 days, which is 1 days more than 19 days average in the previous 30 day period (February 9 - March 9) and 8 days longer than during the same period a year ago (12 days).

There were 594 delisted properties in Mississauga, those that got either Expired, Suspended or Terminated over the last 30 days (March 10 - April 8) with an average of 46 days on the market. This is 8 days shorter than the average of 54 days during the previous 30 day period (February 9 - March 9) and 0 days more compared to the same period last year average of 46 days on the market.

594 Mississauga properties that didn't sell stayed on the market 130.0% longer than 797 that sucessfully sold over the last 30 days - 20 days when sold vs 46 days when delisted respectively.

Average Days on the Market in Mississauga over the past 12 months for properties that have sold was 20.4 days, with 45.8 days for those properties that did not sell.

1,052 new properties were listed on the market in Mississauga in the last 30 days (March 10 - April 8). During the same time 797 properties were sold and 594 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 339 properties (or 32.2%).

During the previous 30 day period (February 9 - March 9) there were 1,038 new properties listed, 567 sold and 385 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was September with 1,419 new properties listed, the slowest - December with 351 new listings and a yearly average of 1,042 new listings per month.

There were a total of 526 homes listed during the last 30 days (March 10 - April 8), which is 50.0% of all properties listed in Mississauga. This is a 23.2% increase compared with a previous 30 day period (February 9 - March 9) and 24.9% up from the same period a year ago. Over the past year an average of 483 homes are were listed per month.

331 condo units were listed in the last 30 days (March 10 - April 8) in Mississauga, which represents 31.5% of all new listings. This is down 12.7% from the prior 30 day period (February 9 - March 9) and 16.5% more compared to the same period last year. There were 354 condos listed per month on average during the last 12 months.

195 townhomes were listed over the last 30 days (March 10 - April 8) in Mississauga, which is 18.5% of all new real estate inventory. This is a 15.9% less than during the previous 30 day period (February 9 - March 9) and 15.4% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 205 a month.

There were a total of 375 homes sold during the last 30 days (March 10 - April 8), which is 47.1% of all properties sold in Mississauga. This is a 43.1% increase compared with a previous 30 day period (February 9 - March 9) and 33.9% up from the same period a year ago. Over the past year an average of 286 homes are were sold per month.

240 condo units were sold in the last 30 days (March 10 - April 8) in Mississauga, which represents 30.1% of all sold properties. This is up 30.4% from the prior 30 day period (February 9 - March 9) and 23.7% more compared to the same period last year. There were 174 condos sold per month on average during the last 12 months.

182 townhomes were sold over the last 30 days (March 10 - April 8) in Mississauga, which is 22.8% of all sold real estate. This is a 50.4% more than during the previous 30 day period (February 9 - March 9) and 51.7% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 130 a month.