Mississauga Real Estate Statistics

Mississauga real estate average sold price in the last 30 days (October 21 - November 19) was $992,498, which is $93,084 (9.4%) lower than the average price of $1,085,582 in the previous 30 day period (September 21 - October 20), and $21,740 (2.2%) down from the same period 1 year ago ($1,014,238). Mississauga real estate prices over the last 30 days are also $33,413 (3.4%) lower than the average selling price of $1,025,911 over the past year.

Mississauga average sold price for homes was $1,289,444 in the last 30 days (October 21 - November 19), which is $114,053 (8.8%) down from the average home price of $1,403,497 in the previous 30 day period (September 21 - October 20), and $15,445 (1.2%) lower than the same period 1 year ago ($1,304,889). In the last 30 days Mississauga the average home price was $61,241 (4.7%) lower than the average selling price of $1,350,685 over the last 12 months.

Average Mississauga condo sold price over the last 30 days (October 21 - November 19) was $597,720. During this period it was $17,099 (2.9%) up from the average price of condo of $580,621 during the previous 30 days (September 21 - October 20), and $51,925 (8.7%) lower compared to the same period 1 year ago ($649,645). In the last 30 days Mississauga the average condo price was $16,613 (2.8%) lower than the average selling price of $614,333 over the last year.

Average sold price of Mississauga townhouse was $802,056 in the last 30 days (October 21 - November 19), down $33,042 (4.1%) from the average townhome price of $835,098 over the previous 30 days (September 21 - October 20), and $5,063 (0.6%) lower than during to the same period 1 year ago ($807,119). Over the last 30 days the average townhouse price in Mississauga was $21,631 (2.7%) lower compared to the average selling price of $823,687 over the last 12 months.

Average selling price for Mississauga real estate was $992,498 in the last 30 days (October 21 - November 19), which is collectively $21,425 (1.9%) lower than the average asking price of $1,102,615. This represents an increase of $11,602 (35.1%) compared to $33,027 (2.9%) Sold-Under-Asking price from the previous 30 day period (September 21 - October 20).

The maximum Sold Over/Under Asking ratio in Mississauga during the last 12 months was recorded in May, 2024 with an average of $5,611 under the asking price, while the minimum occurring in October, 2024 with $34,838 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 49.3% with 598 properties sold and 1,293 new properties listed in the past 30 days (October 21 - November 19). This represents an increase from 43.5% recorded during the previous 30 day period (September 21 - October 20), and an increase from 39.7% 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 July at 34.8%. 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 598 properties that were successfully sold in Mississauga in the last 30 days (October 21 - November 19) was 26 days, which is 2 days more than 24 days average in the previous 30 day period (September 21 - October 20) and 2 days longer than during the same period a year ago (24 days).

There were 933 delisted properties in Mississauga, those that got either Expired, Suspended or Terminated over the last 30 days (October 21 - November 19) with an average of 55 days on the market. This is 6 days shorter than the average of 61 days during the previous 30 day period (September 21 - October 20) and 10 days more compared to the same period last year average of 45 days on the market.

933 Mississauga properties that didn't sell stayed on the market 111.5% longer than 598 that sucessfully sold over the last 30 days - 26 days when sold vs 55 days when delisted respectively.

Average Days on the Market in Mississauga over the past 12 months for properties that have sold was 24.1 days, with 51.9 days for those properties that did not sell.

1,214 new properties were listed on the market in Mississauga in the last 30 days (October 21 - November 19). During the same time 598 properties were sold and 933 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 317 properties (or 26.1%).

During the previous 30 day period (September 21 - October 20) there were 1,293 new properties listed, 562 sold and 782 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was July with 1,590 new properties listed, the slowest - December with 351 new listings and a yearly average of 1,140 new listings per month.

There were a total of 545 homes listed during the last 30 days (October 21 - November 19), which is 44.9% of all properties listed in Mississauga. This is a 9.5% decline compared with a previous 30 day period (September 21 - October 20) and 22.7% up from the same period a year ago. Over the past year an average of 529 homes are were listed per month.

422 condo units were listed in the last 30 days (October 21 - November 19) in Mississauga, which represents 34.8% of all new listings. This is down 3.9% from the prior 30 day period (September 21 - October 20) and 19.5% more compared to the same period last year. There were 383 condos listed per month on average during the last 12 months.

247 townhomes were listed over the last 30 days (October 21 - November 19) in Mississauga, which is 20.3% of all new real estate inventory. This is a 2.0% less than during the previous 30 day period (September 21 - October 20) and 47.0% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 228 a month.

There were a total of 302 homes sold during the last 30 days (October 21 - November 19), which is 50.5% of all properties sold in Mississauga. This is a 2.3% decline compared with a previous 30 day period (September 21 - October 20) and 58.1% up from the same period a year ago. Over the past year an average of 279 homes are were sold per month.

163 condo units were sold in the last 30 days (October 21 - November 19) in Mississauga, which represents 27.3% of all sold properties. This is up 19.0% from the prior 30 day period (September 21 - October 20) and 63.0% more compared to the same period last year. There were 160 condos sold per month on average during the last 12 months.

133 townhomes were sold over the last 30 days (October 21 - November 19) in Mississauga, which is 22.2% of all sold real estate. This is a 14.7% more than during the previous 30 day period (September 21 - October 20) and 44.6% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 119 a month.