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Mississauga Real Estate Market News – February 2019 – Community: Erin Mills

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

Mississauga Real Estate - Erin Mills

Detached Homes

There was a total of 15 detached homes sold in the Erin Mills community this February, compared to 8 detached homes sold in February 2018. The average sale price was $948,920, which is a 2.6% increase from February 2018 average sale price of $925,148. The average days on the market was 22 days, a slight increase from February 2018 which averaged 16 days on the market. The lowest price of a home sold was $738,000 while the highest price of a home sold was $1,630,000.

Semi-Detached Homes & Townhouses

There was a total of 2 semi-detached homes and townhouses sold in the Erin Mills community this February, compared to 2 semi-detached homes and townhouses sold in February 2018. The average sale price was $798,950, which is a 15.1% decrease from February 2018 average sale price of $694,000. The average days on the market was 13 days, a slight decrease from February 2018 which averaged 22 days on the market. The lowest price of a home sold was $773,000 while the highest price of a home sold was $824,900.

Condominiums & Apartments

There was a total of 16 condominiums and apartments sold in the Erin Mills community this February, compared to 22 condominiums and apartments sold in February 2018. The average sale price was $596,366, which is a a 12.0% decrease from February 2018 average sale price of $532,609. The average days on the market was 20 days, a slight decrease from February 2018 which averaged 22 days on the market. The lowest price of a home sold was $401,000 while the highest price of a home sold was $1,375,000.

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

Interested in last month’s activity in this area? Check out last month’s stats here

FindMyNest 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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