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Mississauga Real Estate Market News – March 2019 – Community: Central Erin Mills

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

Mississauga Real Estate

Detached Homes

There was a total of 7 detached homes sold in the Central Erin Mills community this March, compared to 5 detached homes sold in March 2018. The average sale price was $1,174,286, which is a 16.7% increase from March 2018 average sale price of $1,006,500. The average days on the market was 31 days, a significant increase from March 2018 which averaged 12 days on the market. The lowest price of a home sold was $835,000 while the highest price of a home sold was $2,110,000.

Semi-Detached Homes & Townhouses

There was a total of 2 semi-detached homes and townhouses sold in the Central Erin Mills community this March, compared to 2 semi-detached homes and townhouses sold in March 2018. The average sale price was $760,500, which is a 1.9% decrease from March 2018 average sale price of $746,500. The average days on the market was 10 days, a significant decrease from March 2018 which averaged 24 days on the market. The lowest price of a home sold was $750,000 while the highest price of a home sold was $771,000.

Condominiums & Apartments

There was a total of 14 condominiums and apartments sold in the Central Erin Mills community this March, compared to 20 condominiums and apartments sold in March 2018. The average sale price was $572,671, which is a an 8.7% decrease from March 2018 average sale price of $526,700. The average days on the market was 13 days, a slight decrease from March 2018 which averaged 18 days on the market. The lowest price of a home sold was $395,000 while the highest price of a home sold was $840,000.

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

Find My Nest is Mississauga’s leading cash back realtor. If you’d like more information on the real estate activity in your area, a Find My Nest agent would be happy to assist you: 647-499-1661 or info@findmynest.ca

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