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

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

Mississauga Real Estate - Erin Mills

Detached Homes

There was a total of 23 detached homes sold in the Erin Mills community this May, compared to 24 detached homes sold in May 2018. The average sale price was $1,132,757, which is a 15.2% increase from May 2018 average sale price of $983,659. The average days on the market was 15 days, a slight increase from May 2018 which averaged 13 days on the market. The lowest price of a home sold was $810,000 while the highest price of a home sold was $2,400,000.

Semi-Detached Homes & Townhouses

There was a total of 6 semi-detached homes and townhouses sold in the Erin Mills community this May, compared to 8 semi-detached homes and townhouses sold in May 2018. The average sale price was $704,417, which is a 1.0% decrease from May 2018 average sale price of $697,725. The average days on the market was 11 days, a slight decrease from May 2018 which averaged 13 days on the market. The lowest price of a home sold was $635,500 while the highest price of a home sold was $775,000.

Condominiums & Apartments

There was a total of 23 condominiums and apartments sold in the Erin Mills community this May, compared to 27 condominiums and apartments sold in May 2018. The average sale price was $536,796, which is a a 7.8% increase from May 2018 average sale price of $582,436. The average days on the market was 23 days, a slight increase from May 2018 which averaged 23 days on the market. The lowest price of a home sold was $296,000 while the highest price of a home sold was $815,000.

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 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 Find My Nest agent would be happy to assist you: 647-499-1661 or info@findmynest.ca

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