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

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

Mississauga Real Estate - Erin Mills

Detached Homes

There was a total of 6 detached homes sold in the Erin Mills community this January, compared to 9 detached homes sold in January 2018. The average sale price was $981,333, which is a 6.6% increase from January 2018 average sale price of $920,333. The average days on the market was 40 days, a slight decrease from January 2018 which averaged 42 days on the market. The lowest price of a home sold was $700,000 while the highest price of a home sold was $1,500,000.

Semi-Detached Homes & Townhouses

There was a total of 2 semi-detached homes and townhouses sold in the Erin Mills community this January, compared to 6 semi-detached homes and townhouses sold in January 2018. The average sale price was $710,000, which is an 8.2% increase from January 2018 average sale price of $656,167. The average days on the market was 48 days, a slight increase from January 2018 which averaged 39 days on the market. The lowest price of a home sold was $685,000 while the highest price of a home sold was $735,000.

Condominiums & Apartments

There was a total of 6 condominiums and apartments sold in the Erin Mills community this January, compared to 7 condominiums and apartments sold in January 2018. The average sale price was $669,750, which is a a 70.2% decrease from January 2018 average sale price of $393,500. The average days on the market was 20 days, a significant decrease from January 2018 which averaged 54 days on the market. The lowest price of a home sold was $521,500 while the highest price of a home sold was $905,000.

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

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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