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

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

Mississauga Real Estate

Detached Homes

There was a total of 13 detached homes sold in the Central Erin Mills community this October, compared to 8 detached homes sold in October 2018. The average sale price was $1,251,077, which is a 28.7% increase from October 2018 average sale price of $972,194. The average days on the market was 30 days, a slight increase from October 2018 which averaged 24 days on the market. The lowest price of a home sold was $892,000 while the highest price of a home sold was $2,550,000.

Semi-Detached Homes & Townhouses

There was a total of 3 semi-detached homes and townhouses sold in the Central Erin Mills community this October, compared to 2 semi-detached homes and townhouses sold in October 2018. The average sale price was $834,667, which is a 16.8% decrease from October 2018 average sale price of $714,500. The average days on the market was 19 days, a significant decrease from October 2018 which averaged 33 days on the market. The lowest price of a home sold was $788,000 while the highest price of a home sold was $875,000.

Condominiums & Apartments

There was a total of 17 condominiums and apartments sold in the Central Erin Mills community this October, compared to 19 condominiums and apartments sold in October 2018. The average sale price was $584,541, which is a a 5.1% increase from October 2018 average sale price of $556,185. The average days on the market was 22 days, a slight increase from October 2018 which averaged 21 days on the market. The lowest price of a home sold was $385,000 while the highest price of a home sold was $825,000.

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

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Interested in what happened last month? Check out last month’s stats here on the Mississauga real estate activity. 

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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