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Mississauga Real Estate Market News – August 2019 – CommunityEast Credit

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

Detached Homes Mississauga Real Estate - East Credit

There was a total of 27 detached homes sold in the East Credit community this August, compared to 20 detached homes sold in August 2018. The average sale price was $1,016,641, which is a 3.9% increase from August 2018 average sale price of $978,875. The average days on the market was 21 days, a significant decrease from August 2018 which averaged 33 days on the market. The lowest price of a home sold was $775,000 while the highest price of a home sold was $1,600,000.

Semi-Detached Homes & Townhouses

There was a total of 7 semi-detached homes and townhouses sold in the East Credit community this August, compared to 7 semi-detached homes and townhouses sold in August 2018. The average sale price was $791,803, which is a 2.9% decrease from August 2018 average sale price of $769,357. The average days on the market was 31 days, a slight decrease from August 2018 which averaged 34 days on the market. The lowest price of a home sold was $743,000 while the highest price of a home sold was $895,000.

Condominiums & Apartments

There was a total of 12 condominiums and apartments sold in the East Credit community this August, compared to 13 condominiums and apartments sold in August 2018. The average sale price was $616,492, which is a an 8.2% decrease from August 2018 average sale price of $570,008. The average days on the market was 21 days, a slight decrease from August 2018 which averaged 24 days on the market. The lowest price of a home sold was $410,000 while the highest price of a home sold was $690,000.

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

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Interested in last month’s activity in this area? 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 Mississauga 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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