Mississauga Real Estate Statistics

Mississauga Real Estate Price Trend
Mississauga real estate average sold price in the last 30 days (January 26 - February 24) was $985,363, which is $26,243 (2.7%) lower than the average price of $1,011,606 in the previous 30 day period (December 27 - January 25), and $2,109 (0.2%) up from the same period 1 year ago ($983,254). Mississauga real estate prices over the last 30 days are also $39,374 (4.0%) lower than the average selling price of $1,024,737 over the past year.
Mississauga average sold price for homes was $1,368,916 in the last 30 days (January 26 - February 24), which is $28,605 (2.1%) up from the average home price of $1,340,311 in the previous 30 day period (December 27 - January 25), and $782 (0.1%) lower than the same period 1 year ago ($1,369,698). In the last 30 days Mississauga the average home price was $14,879 (1.1%) higher than the average selling price of $1,354,037 over the last 12 months.
Average Mississauga condo sold price over the last 30 days (January 26 - February 24) was $628,433. During this period it was $17,068 (2.7%) up from the average price of condo of $611,365 during the previous 30 days (December 27 - January 25), and $21,348 (3.4%) higher compared to the same period 1 year ago ($607,085). In the last 30 days Mississauga the average condo price was $160 (0.0%) higher than the average selling price of $628,272 over the last year.
Average sold price of Mississauga townhouse was $852,650 in the last 30 days (January 26 - February 24), up $30,085 (3.5%) from the average townhome price of $822,565 over the previous 30 days (December 27 - January 25), and $565 (0.1%) higher than during to the same period 1 year ago ($852,085). Over the last 30 days the average townhouse price in Mississauga was $10,392 (1.2%) higher compared to the average selling price of $842,258 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Mississauga real estate was $985,363 in the last 30 days (January 26 - February 24), which is collectively $17,830 (1.6%) lower than the average asking price of $1,088,388. This represents an increase of $12,340 (40.9%) compared to $30,170 (2.8%) Sold-Under-Asking price from the previous 30 day period (December 27 - January 25).
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 53.9% with 480 properties sold and 519 new properties listed in the past 30 days (January 26 - February 24). This represents a decrease from 78.6% recorded during the previous 30 day period (December 27 - January 25), and a decrease from 61.0% 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.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 480 properties that were successfully sold in Mississauga in the last 30 days (January 26 - February 24) was 23 days, which is 15 days less than 38 days average in the previous 30 day period (December 27 - January 25) and 1 days shorter than during the same period a year ago (24 days).
There were 408 delisted properties in Mississauga, those that got either Expired, Suspended or Terminated over the last 30 days (January 26 - February 24) with an average of 64 days on the market. This is 14 days shorter than the average of 78 days during the previous 30 day period (December 27 - January 25) and 8 days more compared to the same period last year average of 56 days on the market.
408 Mississauga properties that didn't sell stayed on the market 178.3% longer than 480 that sucessfully sold over the last 30 days - 23 days when sold vs 64 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 45.6 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
891 new properties were listed on the market in Mississauga in the last 30 days (January 26 - February 24). During the same time 480 properties were sold and 408 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 3 properties (or 0.3%).
During the previous 30 day period (December 27 - January 25) there were 519 new properties listed, 408 sold and 543 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 1,011 new listings per month.
New Real Estate Listings by Property Type
There were a total of 359 homes listed during the last 30 days (January 26 - February 24), which is 40.3% of all properties listed in Mississauga. This is a 88.0% increase compared with a previous 30 day period (December 27 - January 25) and 15.1% up from the same period a year ago. Over the past year an average of 472 homes are were listed per month.
339 condo units were listed in the last 30 days (January 26 - February 24) in Mississauga, which represents 38.0% of all new listings. This is up 46.1% from the prior 30 day period (December 27 - January 25) and 28.9% more compared to the same period last year. There were 342 condos listed per month on average during the last 12 months.
193 townhomes were listed over the last 30 days (January 26 - February 24) in Mississauga, which is 21.7% of all new real estate inventory. This is a 101.0% more than during the previous 30 day period (December 27 - January 25) and 36.9% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 196 a month.
Real Estate Sales by Property Type
There were a total of 202 homes sold during the last 30 days (January 26 - February 24), which is 42.1% of all properties sold in Mississauga. This is a 0.0% decline compared with a previous 30 day period (December 27 - January 25) and 8.6% up from the same period a year ago. Over the past year an average of 282 homes are were sold per month.
181 condo units were sold in the last 30 days (January 26 - February 24) in Mississauga, which represents 37.7% of all sold properties. This is up 39.2% from the prior 30 day period (December 27 - January 25) and 13.8% more compared to the same period last year. There were 174 condos sold per month on average during the last 12 months.
97 townhomes were sold over the last 30 days (January 26 - February 24) in Mississauga, which is 20.2% of all sold real estate. This is a 27.6% more than during the previous 30 day period (December 27 - January 25) and 5.4% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 126 a month.
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