Mississauga Real Estate Market News – December 2018 – Community: Central Erin Mills

(Source: MLS Listings – see map for area boundaries)

Central Erin Mills - Mississauga Real Estate

Detached Homes

There was a total of 3 detached homes sold in the Central Erin Mills community this December, compared to 10 detached homes sold in December 2017. The average sale price was $1,051,667, which is a 11.9% decrease from December 2017 average sale price of $1,194,039. The average days on the market was 36 days, a slight decrease from December 2017 which averaged 43 days on the market. The lowest price of a home sold was $815,000 while the highest price of a home sold was $1,310,000.

Semi-Detached Homes & Townhouses

There was a total of 2 semi-detached homes and townhouses sold in the Central Erin Mills community this December, compared to 1 semi-detached homes and townhouses sold in December 2017. The average sale price was $671,500, which is a 21.5% increase from December 2017 sale price of $855,000. The average days on the market was 40 days, a significant increase from December 2017 which was 23 days on the market. The lowest price of a home sold was $618,000 while the highest price of a home sold was $725,000.

Condominiums & Apartments

There was a total of 10 condominiums and apartments sold in the Central Erin Mills community this December, compared to 12 condominiums and apartments sold in December 2017. The average sale price was $533,900, which is a a 1.1% decrease from December 2017 average sale price of $539,867. The average days on the market was 21 days, a slight decrease from December 2017 which averaged 28 days on the market. The lowest price of a home sold was $383,000 while the highest price of a home sold was $680,000.

Note: “Condominiums & Apartments” include all properties (detached or semi-detached) with shared amenities and monthly maintenance fees.

Interested in last month’s activity in this area? Check out last month’s stats here

If you’d like more information on the real estate activity in your area, a FindMyNest agent would be happy to assist you: 647-499-1661 or info@findmynest.ca

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