Mississauga Real Estate Market News – October 2019 – Community: East Credit
(Source: MLS Listings – see map for area boundaries)
Detached Homes 
There was a total of 32 detached homes sold in the East Credit community this October, compared to 25 detached homes sold in October 2018. The average sale price was $1,044,951, which is a 11.1% increase from October 2018 average sale price of $940,702. The average days on the market was 22 days, a slight decrease from October 2018 which averaged 24 days on the market. The lowest price of a home sold was $825,000 while the highest price of a home sold was $1,550,000.
Semi-Detached Homes & Townhouses
There was a total of 13 semi-detached homes and townhouses sold in the East Credit community this October, compared to 7 semi-detached homes and townhouses sold in October 2018. The average sale price was $782,462, which is a 11.4% decrease from October 2018 average sale price of $702,286. The average days on the market was 14 days, a slight decrease from October 2018 which averaged 18 days on the market. The lowest price of a home sold was $710,000 while the highest price of a home sold was $870,000.
Condominiums & Apartments
There was a total of 6 condominiums and apartments sold in the East Credit community this October, compared to 9 condominiums and apartments sold in October 2018. The average sale price was $592,833, which is a a 3.4% increase from October 2018 average sale price of $573,144. The average days on the market was 44 days, a significant increase from October 2018 which averaged 19 days on the market. The lowest price of a home sold was $403,000 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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