Mississauga Real Estate Statistics

Mississauga real estate average sold price in the last 30 days (March 24 - April 22) was $1,092,699, which is $60,165 (5.5%) higher than the average price of $1,032,534 in the previous 30 day period (February 23 - March 23), and $56,406 (5.2%) up from the same period 1 year ago ($1,036,293). Mississauga real estate prices over the last 30 days are also $65,965 (6.0%) higher than the average selling price of $1,026,734 over the past year.

Mississauga average sold price for homes was $1,471,253 in the last 30 days (March 24 - April 22), which is $71,973 (4.9%) up from the average home price of $1,399,280 in the previous 30 day period (February 23 - March 23), and $81,157 (5.5%) higher than the same period 1 year ago ($1,390,096). In the last 30 days Mississauga the average home price was $117,651 (8.0%) higher than the average selling price of $1,353,602 over the last 12 months.

Average Mississauga condo sold price over the last 30 days (March 24 - April 22) was $609,075. During this period it was $4,289 (0.7%) down from the average price of condo of $613,364 during the previous 30 days (February 23 - March 23), and $35,037 (5.8%) lower compared to the same period 1 year ago ($644,112). In the last 30 days Mississauga the average condo price was $21,522 (3.5%) lower than the average selling price of $630,597 over the last year.

Average sold price of Mississauga townhouse was $845,905 in the last 30 days (March 24 - April 22), down $3,130 (0.4%) from the average townhome price of $849,035 over the previous 30 days (February 23 - March 23), and $25,917 (3.1%) lower than during to the same period 1 year ago ($871,822). Over the last 30 days the average townhouse price in Mississauga was $3,341 (0.4%) higher compared to the average selling price of $842,564 over the last 12 months.

Average selling price for Mississauga real estate was $1,092,699 in the last 30 days (March 24 - April 22), which is collectively $8,442 (0.7%) lower than the average asking price of $1,186,145. This represents an increase of $134 (1.6%) compared to $8,576 (0.7%) Sold-Under-Asking price from the previous 30 day period (February 23 - March 23).

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 (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 66.1% with 789 properties sold and 1,119 new properties listed in the past 30 days (March 24 - April 22). This represents an increase from 57.0% recorded during the previous 30 day period (February 23 - March 23), and a decrease from 74.5% 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 789 properties that were successfully sold in Mississauga in the last 30 days (March 24 - April 22) was 19 days, which is 2 days more than 17 days average in the previous 30 day period (February 23 - March 23) and 6 days longer than during the same period a year ago (13 days).

There were 647 delisted properties in Mississauga, those that got either Expired, Suspended or Terminated over the last 30 days (March 24 - April 22) with an average of 48 days on the market. This is 3 days longer than the average of 45 days during the previous 30 day period (February 23 - March 23) and 2 days more compared to the same period last year average of 46 days on the market.

647 Mississauga properties that didn't sell stayed on the market 152.6% longer than 789 that sucessfully sold over the last 30 days - 19 days when sold vs 48 days when delisted respectively.

Average Days on the Market in Mississauga over the past 12 months for properties that have sold was 20.4 days, with 45.8 days for those properties that did not sell.

1,193 new properties were listed on the market in Mississauga in the last 30 days (March 24 - April 22). During the same time 789 properties were sold and 647 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 243 properties (or 20.4%).

During the previous 30 day period (February 23 - March 23) there were 1,119 new properties listed, 638 sold and 419 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 1,042 new listings per month.

There were a total of 605 homes listed during the last 30 days (March 24 - April 22), which is 50.7% of all properties listed in Mississauga. This is a 18.2% increase compared with a previous 30 day period (February 23 - March 23) and 34.1% up from the same period a year ago. Over the past year an average of 483 homes are were listed per month.

385 condo units were listed in the last 30 days (March 24 - April 22) in Mississauga, which represents 32.3% of all new listings. This is up 0.8% from the prior 30 day period (February 23 - March 23) and 25.0% more compared to the same period last year. There were 354 condos listed per month on average during the last 12 months.

203 townhomes were listed over the last 30 days (March 24 - April 22) in Mississauga, which is 17.0% of all new real estate inventory. This is a 9.8% less than during the previous 30 day period (February 23 - March 23) and 14.7% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 205 a month.

There were a total of 400 homes sold during the last 30 days (March 24 - April 22), which is 50.7% of all properties sold in Mississauga. This is a 37.0% increase compared with a previous 30 day period (February 23 - March 23) and 23.5% up from the same period a year ago. Over the past year an average of 286 homes are were sold per month.

234 condo units were sold in the last 30 days (March 24 - April 22) in Mississauga, which represents 29.7% of all sold properties. This is up 26.5% from the prior 30 day period (February 23 - March 23) and 0.0% less compared to the same period last year. There were 174 condos sold per month on average during the last 12 months.

155 townhomes were sold over the last 30 days (March 24 - April 22) in Mississauga, which is 19.6% of all sold real estate. This is a 3.7% less than during the previous 30 day period (February 23 - March 23) and 11.5% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 130 a month.