Sales and Average Home Price By Major Home Type for Mississauga, ON – January 2014

For those looking to buy or currently owning a property in Mississauga – comparison report for January 2014 and January 2013 Sales and Average Home Price By Major Home Type for Mississauga, ON
Mississauga

Property Type Active Listings Sales Average Price Min Price Max Price
Detached
Jan 2013 487  165 687,429 325,000 2,102,000
Jan 2014 437 125 707,652 267,800 2,650,000
% Change – 11% – 32% +3% – 21% +20%
Semi Detached
Jan 2013 128 88 435,995 287,000 693,000
Jan 2014 94 62 463,686 347,333 594,999
%Change – 36% – 41% + 6% + 17% – 16%
Townhouse
Jan 2013 27 37 413,819 331,000 580,000
Jan 2014 23 16 456,875 362,000 590,000
% Change – 17% + 9% + 8.5% +1.6%
Condo Townhouse
Jan 2013 184 86 323,971 147,000 720,000
Jan 2014 140 68 373,119 181,500 773,000
% Change – 31% – 26% + 13% + 19% +7%
Condo Apartment
Jan 2013 659 160 258,993 114,000 669,900
Jan 2014 632 126 280,885 137,500 760,000
% Change – 4% – 27% + 7.8% + 17% + 11%

As we can see inventories on all types of homes and accordingly the sales have dropped as compared to January last year. The prices keep increasing steadily, with the the most significant increase seen by Condo Townhouses at 13%.

Please, keep in mind, that the sales for January 2014 are only up to January 29, so we still have 3 more days of sales, and this will impact the numbers. Minimum and maximum home prices are for curiosity only – no need to be concerned.

Need report for your city or community? I can help.

Looking to buy or sell home in Mississauga?
Start by visiting my web-site for great tips to make your home look amazing and sell for top $$$ or simply call for your complimentary home evaluation and details 416-843-1515

Compliments of Marina Gavrylyuk
Real Estate Agent with Sutton Group Summit Realty

MarinaG.ca

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