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

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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




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.

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Real Estate Agent with Sutton Group Summit Realty

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