Mississauga Real Estate Statistics

Mississauga real estate average sold price in the last 30 days (June 26 - July 25) was $1,024,063, which is $57,157 (5.6%) lower than the average price of $1,081,220 in the previous 30 day period (May 27 - June 25), and $26,103 (2.5%) down from the same period 1 year ago ($1,050,166). Mississauga real estate prices over the last 30 days are also $1,459 (0.1%) lower than the average selling price of $1,025,522 over the past year.

Mississauga average sold price for homes was $1,371,243 in the last 30 days (June 26 - July 25), which is $9,314 (0.7%) down from the average home price of $1,380,557 in the previous 30 day period (May 27 - June 25), and $8,671 (0.6%) higher than the same period 1 year ago ($1,362,572). In the last 30 days Mississauga the average home price was $23,032 (1.7%) higher than the average selling price of $1,348,212 over the last 12 months.

Average Mississauga condo sold price over the last 30 days (June 26 - July 25) was $621,431. During this period it was $4,480 (0.7%) up from the average price of condo of $616,951 during the previous 30 days (May 27 - June 25), and $44,276 (7.1%) lower compared to the same period 1 year ago ($665,707). In the last 30 days Mississauga the average condo price was $5,398 (0.9%) lower than the average selling price of $626,829 over the last year.

Average sold price of Mississauga townhouse was $827,439 in the last 30 days (June 26 - July 25), up $7,283 (0.9%) from the average townhome price of $820,156 over the previous 30 days (May 27 - June 25), and $16,862 (2.0%) lower than during to the same period 1 year ago ($844,301). Over the last 30 days the average townhouse price in Mississauga was $618 (0.1%) higher compared to the average selling price of $826,822 over the last 12 months.

Average selling price for Mississauga real estate was $1,024,063 in the last 30 days (June 26 - July 25), which is collectively $19,697 (1.8%) lower than the average asking price of $1,103,474. This represents a decline of $5,780 (41.5%) compared to $13,917 (1.2%) Sold-Under-Asking price from the previous 30 day period (May 27 - June 25).

The maximum Sold Over/Under Asking ratio in Mississauga during the last 12 months was recorded in July, 2023 with an average of $2,282 under 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 40.9% with 561 properties sold and 1,493 new properties listed in the past 30 days (June 26 - July 25). This represents a decrease from 44.6% recorded during the previous 30 day period (May 27 - June 25), and a decrease from 70.7% 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 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 561 properties that were successfully sold in Mississauga in the last 30 days (June 26 - July 25) was 23 days, which is 5 days more than 18 days average in the previous 30 day period (May 27 - June 25) and 8 days longer than during the same period a year ago (15 days).

There were 909 delisted properties in Mississauga, those that got either Expired, Suspended or Terminated over the last 30 days (June 26 - July 25) with an average of 42 days on the market. This is 1 days shorter than the average of 43 days during the previous 30 day period (May 27 - June 25) and 8 days more compared to the same period last year average of 34 days on the market.

909 Mississauga properties that didn't sell stayed on the market 82.6% longer than 561 that sucessfully sold over the last 30 days - 23 days when sold vs 42 days when delisted respectively.

Average Days on the Market in Mississauga over the past 12 months for properties that have sold was 21.8 days, with 47.8 days for those properties that did not sell.

1,371 new properties were listed on the market in Mississauga in the last 30 days (June 26 - July 25). During the same time 561 properties were sold and 909 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 99 properties (or 7.2%).

During the previous 30 day period (May 27 - June 25) there were 1,493 new properties listed, 666 sold and 850 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was May with 1,580 new properties listed, the slowest - December with 351 new listings and a yearly average of 1,096 new listings per month.

There were a total of 624 homes listed during the last 30 days (June 26 - July 25), which is 45.5% of all properties listed in Mississauga. This is a 10.6% decline compared with a previous 30 day period (May 27 - June 25) and 6.8% up from the same period a year ago. Over the past year an average of 509 homes are were listed per month.

453 condo units were listed in the last 30 days (June 26 - July 25) in Mississauga, which represents 33.0% of all new listings. This is down 6.8% from the prior 30 day period (May 27 - June 25) and 20.8% more compared to the same period last year. There were 371 condos listed per month on average during the last 12 months.

294 townhomes were listed over the last 30 days (June 26 - July 25) in Mississauga, which is 21.4% of all new real estate inventory. This is a 4.9% less than during the previous 30 day period (May 27 - June 25) and 12.6% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 216 a month.

There were a total of 268 homes sold during the last 30 days (June 26 - July 25), which is 47.8% of all properties sold in Mississauga. This is a 27.4% decline compared with a previous 30 day period (May 27 - June 25) and 36.5% down from the same period a year ago. Over the past year an average of 271 homes are were sold per month.

172 condo units were sold in the last 30 days (June 26 - July 25) in Mississauga, which represents 30.7% of all sold properties. This is up 6.2% from the prior 30 day period (May 27 - June 25) and 25.5% less compared to the same period last year. There were 160 condos sold per month on average during the last 12 months.

121 townhomes were sold over the last 30 days (June 26 - July 25) in Mississauga, which is 21.6% of all sold real estate. This is a 10.4% less than during the previous 30 day period (May 27 - June 25) and 42.1% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 117 a month.