Mississauga Real Estate Statistics

Mississauga Real Estate Price Trend
Mississauga real estate average sold price in the last 30 days (August 24 - September 22) was $994,031, which is $28,358 (2.9 %) higher than the average price of $965,673 in the previous 30 day period (July 25 - August 23), and $103,077 (10.4 %) up from the same period 1 year ago ($890,954). Mississauga real estate prices over the last 30 days are also $43,828 (4.4 %) higher than the average selling price of $950,203 over the past year.
Mississauga average sold price for homes was $1,402,558 in the last 30 days (August 24 - September 22), which is $33,624 (2.4 %) up from the average home price of $1,368,934 in the previous 30 day period (July 25 - August 23), and $281,060 (20.0 %) higher than the same period 1 year ago ($1,121,498). In the last 30 days Mississauga the average home price was $116,921 (8.3 %) higher than the average selling price of $1,285,637 over the last 12 months.
Average Mississauga condo sold price over the last 30 days (August 24 - September 22) was $593,126. During this period it was $19,559 (3.3 %) up from the average price of condo of $573,567 during the previous 30 days (July 25 - August 23), and $65,378 (11.0 %) higher compared to the same period 1 year ago ($527,748). In the last 30 days Mississauga the average condo price was $42,602 (7.2 %) higher than the average selling price of $550,524 over the last year.
Average sold price of Mississauga townhouse was $818,195 in the last 30 days (August 24 - September 22), up $2,977 (0.4 %) from the average townhome price of $815,218 over the previous 30 days (July 25 - August 23), and $121,593 (14.9 %) higher than during to the same period 1 year ago ($696,602). Over the last 30 days the average townhouse price in Mississauga was $61,547 (7.5 %) higher compared to the average selling price of $756,648 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Mississauga real estate was $994,031 in the last 30 days (August 24 - September 22), which is collectively $39,003 (3.7 %) higher than the average asking price of $1,056,843. This represents an increase of $11,196 (40.3 %) compared to $27,807 (2.9 %) Sold-Over-Asking price from the previous 30 day period (July 25 - August 23).
The maximum Sold Over/Under Asking ratio in Mississauga during the last 12 months was recorded in March, 2021 with an average of $55,314 over the asking price, while the minimum occurring in November, 2020 with $6,990 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 86.9 % with 885 properties sold and 936 new properties listed in the past 30 days (August 24 - September 22). This represents a decrease from 94.1 % recorded during the previous 30 day period (July 25 - August 23), and an increase from 64.5 % compared to the same period one year ago.
Over the the last year the highest SNLR in Mississauga was 133.0 % recorded in December and the lowest was in September at 60.9 %. 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 885 properties that were successfully sold in Mississauga in the last 30 days (August 24 - September 22) was 13 days, which is 0 days more than 13 days average in the previous 30 day period (July 25 - August 23) and 1 days shorter than during the same period a year ago (14 days).
There were 323 delisted properties in Mississauga, those that got either Expired, Suspended or Terminated over the last 30 days (August 24 - September 22) with an average of 43 days on the market. This is 5 days longer than the average of 38 days during the previous 30 day period (July 25 - August 23) and 9 days more compared to the same period last year average of 34 days on the market.
323 Mississauga properties that didn't sell stayed on the market 230.8 % longer than 885 that sucessfully sold over the last 30 days - 13 days when sold vs 43 days when delisted respectively.
Average Days on the Market in Mississauga over the past 12 months for properties that have sold was 13.3 days, with 35.7 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
1,018 new properties were listed on the market in Mississauga in the last 30 days (August 24 - September 22). During the same time 885 properties were sold and 323 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 190 properties (or 18.7 %).
During the previous 30 day period (July 25 - August 23) there were 936 new properties listed, 881 sold and 347 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was April with 1,810 new properties listed, the slowest - December with 539 new listings and a yearly average of 1,278 new listings per month.
New Real Estate Listings by Property Type
There were a total of 478 homes listed during the last 30 days (August 24 - September 22), which is 47.0 % of all properties listed in Mississauga. This is a 27.1 % increase compared with a previous 30 day period (July 25 - August 23) and 39.3 % down from the same period a year ago. Over the past year an average of 594 homes are were listed per month.
351 condo units were listed in the last 30 days (August 24 - September 22) in Mississauga, which represents 34.5 % of all new listings. This is down 5.9 % from the prior 30 day period (July 25 - August 23) and 36.1 % less compared to the same period last year. There were 417 condos listed per month on average during the last 12 months.
189 townhomes were listed over the last 30 days (August 24 - September 22) in Mississauga, which is 18.6 % of all new real estate inventory. This is a 1.1 % more than during the previous 30 day period (July 25 - August 23) and 38.6 % decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 267 a month.
Real Estate Sales by Property Type
There were a total of 383 homes sold during the last 30 days (August 24 - September 22), which is 43.3 % of all properties sold in Mississauga. This is a 3.8 % increase compared with a previous 30 day period (July 25 - August 23) and 34.5 % down from the same period a year ago. Over the past year an average of 510 homes are were sold per month.
303 condo units were sold in the last 30 days (August 24 - September 22) in Mississauga, which represents 34.2 % of all sold properties. This is up 2.0 % from the prior 30 day period (July 25 - August 23) and 20.2 % more compared to the same period last year. There were 302 condos sold per month on average during the last 12 months.
199 townhomes were sold over the last 30 days (August 24 - September 22) in Mississauga, which is 22.5 % of all sold real estate. This is a 7.4 % less than during the previous 30 day period (July 25 - August 23) and 10.8 % decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 224 a month.
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
51990279