Mississauga Real Estate Statistics

Mississauga Real Estate Price Trend
Mississauga real estate average sold price in the last 30 days (February 17 - March 17) was $1,038,453, which is $81,854 (7.9%) higher than the average price of $956,599 in the previous 30 day period (January 18 - February 16), and $33,771 (3.3%) up from the same period 1 year ago ($1,004,682). Mississauga real estate prices over the last 30 days are also $12,709 (1.2%) higher than the average selling price of $1,025,744 over the past year.
Mississauga average sold price for homes was $1,403,196 in the last 30 days (February 17 - March 17), which is $84,618 (6.0%) up from the average home price of $1,318,578 in the previous 30 day period (January 18 - February 16), and $17,890 (1.3%) higher than the same period 1 year ago ($1,385,306). In the last 30 days Mississauga the average home price was $48,189 (3.4%) higher than the average selling price of $1,355,007 over the last 12 months.
Average Mississauga condo sold price over the last 30 days (February 17 - March 17) was $614,985. During this period it was $7,457 (1.2%) down from the average price of condo of $622,442 during the previous 30 days (January 18 - February 16), and $13,224 (2.2%) higher compared to the same period 1 year ago ($601,761). In the last 30 days Mississauga the average condo price was $16,022 (2.6%) lower than the average selling price of $631,007 over the last year.
Average sold price of Mississauga townhouse was $844,658 in the last 30 days (February 17 - March 17), up $41,828 (5.0%) from the average townhome price of $802,830 over the previous 30 days (January 18 - February 16), and $6,131 (0.7%) higher than during to the same period 1 year ago ($838,527). Over the last 30 days the average townhouse price in Mississauga was $1,537 (0.2%) higher compared to the average selling price of $843,121 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Mississauga real estate was $1,038,453 in the last 30 days (February 17 - March 17), which is collectively $7,618 (0.7%) lower than the average asking price of $1,127,466. This represents an increase of $11,586 (60.3%) compared to $19,204 (1.7%) Sold-Under-Asking price from the previous 30 day period (January 18 - February 16).
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
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 55.2% with 575 properties sold and 793 new properties listed in the past 30 days (February 17 - March 17). This represents a decrease from 64.9% recorded during the previous 30 day period (January 18 - February 16), and a decrease from 66.8% 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.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 575 properties that were successfully sold in Mississauga in the last 30 days (February 17 - March 17) was 18 days, which is 10 days less than 28 days average in the previous 30 day period (January 18 - February 16) and 1 days longer than during the same period a year ago (17 days).
There were 390 delisted properties in Mississauga, those that got either Expired, Suspended or Terminated over the last 30 days (February 17 - March 17) with an average of 49 days on the market. This is 21 days shorter than the average of 70 days during the previous 30 day period (January 18 - February 16) and 0 days more compared to the same period last year average of 49 days on the market.
390 Mississauga properties that didn't sell stayed on the market 172.2% longer than 575 that sucessfully sold over the last 30 days - 18 days when sold vs 49 days when delisted respectively.
Average Days on the Market in Mississauga over the past 12 months for properties that have sold was 20.2 days, with 46.0 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
1,041 new properties were listed on the market in Mississauga in the last 30 days (February 17 - March 17). During the same time 575 properties were sold and 390 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 76 properties (or 7.3%).
During the previous 30 day period (January 18 - February 16) there were 793 new properties listed, 515 sold and 451 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 1,031 new listings per month.
New Real Estate Listings by Property Type
There were a total of 459 homes listed during the last 30 days (February 17 - March 17), which is 44.1% of all properties listed in Mississauga. This is a 54.0% increase compared with a previous 30 day period (January 18 - February 16) and 21.8% up from the same period a year ago. Over the past year an average of 477 homes are were listed per month.
360 condo units were listed in the last 30 days (February 17 - March 17) in Mississauga, which represents 34.6% of all new listings. This is up 11.1% from the prior 30 day period (January 18 - February 16) and 38.5% more compared to the same period last year. There were 351 condos listed per month on average during the last 12 months.
222 townhomes were listed over the last 30 days (February 17 - March 17) in Mississauga, which is 21.3% of all new real estate inventory. This is a 29.8% more than during the previous 30 day period (January 18 - February 16) and 41.4% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 203 a month.
Real Estate Sales by Property Type
There were a total of 269 homes sold during the last 30 days (February 17 - March 17), which is 46.8% of all properties sold in Mississauga. This is a 22.3% increase compared with a previous 30 day period (January 18 - February 16) and 12.6% up from the same period a year ago. Over the past year an average of 284 homes are were sold per month.
169 condo units were sold in the last 30 days (February 17 - March 17) in Mississauga, which represents 29.4% of all sold properties. This is down 11.1% from the prior 30 day period (January 18 - February 16) and 6.1% less compared to the same period last year. There were 177 condos sold per month on average during the last 12 months.
137 townhomes were sold over the last 30 days (February 17 - March 17) in Mississauga, which is 23.8% of all sold real estate. This is a 30.5% more than during the previous 30 day period (January 18 - February 16) and 23.4% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 128 a month.
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