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Mississauga Real Estate Market News – February 2019 – 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 6 detached homes sold in the Central Erin Mills community this February, compared to 13 detached homes sold in February 2018. The average sale price was $1,267,417, which is a 21.0% increase from February 2018 average sale price of $1,047,481. The average days on the market was 24 days, a slight increase from February 2018 which averaged 20 days on the market. The lowest price of a home sold was $850,000 while the highest price of a home sold was $2,148,000.

Semi-Detached Homes & Townhouses

There were no semi-detached homes or townhouses sold in February 2019 in the Central Erin Mills community.

Condominiums & Apartments

There was a total of 17 condominiums and apartments sold in the Central Erin Mills community this February, compared to 16 condominiums and apartments sold in February 2018. The average sale price was $574,965, which is a a 12.7% decrease from February 2018 average sale price of $510,105. The average days on the market was 18 days, a slight decrease from February 2018 which averaged 23 days on the market. The lowest price of a home sold was $369,000 while the highest price of a home sold was $720,000.

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

FindMyNest is Mississauga’s leading cash back realtor. 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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