Mississauga Real Estate Statistics

Mississauga Real Estate Price Trend
Mississauga real estate average sold price in the last 30 days (July 8 - August 6) was $1,085,416, which is $64,379 (5.9 %) higher than the average price of $1,021,037 in the previous 30 day period (June 8 - July 7), and $117,454 (10.8 %) up from the same period 1 year ago ($967,962). Mississauga real estate prices over the last 30 days are also $60,777 (5.6 %) lower than the average selling price of $1,146,193 over the past year.
Mississauga average sold price for homes was $1,409,706 in the last 30 days (July 8 - August 6), which is $54,946 (3.9 %) up from the average home price of $1,354,760 in the previous 30 day period (June 8 - July 7), and $45,323 (3.2 %) higher than the same period 1 year ago ($1,364,383). In the last 30 days Mississauga the average home price was $255,890 (18.2 %) lower than the average selling price of $1,665,596 over the last 12 months.
Average Mississauga condo sold price over the last 30 days (July 8 - August 6) was $618,576. During this period it was $36,613 (5.9 %) down from the average price of condo of $655,189 during the previous 30 days (June 8 - July 7), and $43,810 (7.1 %) higher compared to the same period 1 year ago ($574,766). In the last 30 days Mississauga the average condo price was $38,997 (6.3 %) lower than the average selling price of $657,573 over the last year.
Average sold price of Mississauga townhouse was $842,003 in the last 30 days (July 8 - August 6), down $5,860 (0.7 %) from the average townhome price of $847,863 over the previous 30 days (June 8 - July 7), and $49,220 (5.8 %) higher than during to the same period 1 year ago ($792,783). Over the last 30 days the average townhouse price in Mississauga was $89,473 (10.6 %) lower compared to the average selling price of $931,476 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Mississauga real estate was $1,085,416 in the last 30 days (July 8 - August 6), which is collectively $35,687 (3.1 %) lower than the average asking price of $1,136,323. This represents a decline of $17,179 (92.8 %) compared to $18,508 (1.6 %) Sold-Under-Asking price from the previous 30 day period (June 8 - July 7).
The maximum Sold Over/Under Asking ratio in Mississauga during the last 12 months was recorded in February, 2022 with an average of $164,590 over the asking price, while the minimum occurring in July, 2022 with $35,168 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 43.5 % with 459 properties sold and 1,485 new properties listed in the past 30 days (July 8 - August 6). This represents an increase from 39.5 % recorded during the previous 30 day period (June 8 - July 7), and a decrease from 83.0 % compared to the same period one year ago.
Over the the last year the highest SNLR in Mississauga was 96.1 % recorded in August and the lowest was in December at 5.1 %. 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 459 properties that were successfully sold in Mississauga in the last 30 days (July 8 - August 6) was 19 days, which is 3 days more than 16 days average in the previous 30 day period (June 8 - July 7) and 5 days longer than during the same period a year ago (14 days).
There were 776 delisted properties in Mississauga, those that got either Expired, Suspended or Terminated over the last 30 days (July 8 - August 6) with an average of 39 days on the market. This is 8 days longer than the average of 31 days during the previous 30 day period (June 8 - July 7) and 5 days more compared to the same period last year average of 34 days on the market.
776 Mississauga properties that didn't sell stayed on the market 105.3 % longer than 459 that sucessfully sold over the last 30 days - 19 days when sold vs 39 days when delisted respectively.
Average Days on the Market in Mississauga over the past 12 months for properties that have sold was 20.1 days, with 44.4 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
1,054 new properties were listed on the market in Mississauga in the last 30 days (July 8 - August 6). During the same time 459 properties were sold and 776 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 181 properties (or 17.2 %).
During the previous 30 day period (June 8 - July 7) there were 1,485 new properties listed, 587 sold and 989 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was March with 1,689 new properties listed, the slowest - December with 428 new listings and a yearly average of 1,113 new listings per month.
New Real Estate Listings by Property Type
There were a total of 490 homes listed during the last 30 days (July 8 - August 6), which is 46.5 % of all properties listed in Mississauga. This is a 29.9 % decline compared with a previous 30 day period (June 8 - July 7) and 11.9 % up from the same period a year ago. Over the past year an average of 513 homes are were listed per month.
331 condo units were listed in the last 30 days (July 8 - August 6) in Mississauga, which represents 31.4 % of all new listings. This is down 30.5 % from the prior 30 day period (June 8 - July 7) and 26.8 % less compared to the same period last year. There were 368 condos listed per month on average during the last 12 months.
233 townhomes were listed over the last 30 days (July 8 - August 6) in Mississauga, which is 22.1 % of all new real estate inventory. This is a 24.8 % less than during the previous 30 day period (June 8 - July 7) and 9.3 % decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 232 a month.
Real Estate Sales by Property Type
There were a total of 246 homes sold during the last 30 days (July 8 - August 6), which is 53.6 % of all properties sold in Mississauga. This is a 9.6 % decline compared with a previous 30 day period (June 8 - July 7) and 40.0 % down from the same period a year ago. Over the past year an average of 277 homes are were sold per month.
125 condo units were sold in the last 30 days (July 8 - August 6) in Mississauga, which represents 27.2 % of all sold properties. This is down 33.5 % from the prior 30 day period (June 8 - July 7) and 59.7 % less compared to the same period last year. There were 215 condos sold per month on average during the last 12 months.
88 townhomes were sold over the last 30 days (July 8 - August 6) in Mississauga, which is 19.2 % of all sold real estate. This is a 30.7 % less than during the previous 30 day period (June 8 - July 7) and 62.1 % decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 130 a month.
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