Mississauga Real Estate Market News – November 2018 – 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 November, compared to 22 detached homes sold in November 2017. The average sale price was $1,056,639, which is a 1.5% increase from November 2017 average sale price of $1,041,045. The average days on the market was 27 days, a slight decrease from November 2017 which averaged 32 days on the market. The lowest price of a home sold was $743,000 while the highest price of a home sold was $2,380,000.

Semi-Detached Homes & Townhouses

There was a total of 8 semi-detached homes and townhouses sold in the Erin Mills community this November, compared to 11 semi-detached homes and townhouses sold in November 2017. The average sale price was $697,875, which is a 0.4% decrease from November 2017 average sale price of $695,282. The average days on the market was 27 days, a slight decrease from November 2017 which averaged 35 days on the market. The lowest price of a home sold was $615,000 while the highest price of a home sold was $830,000.

Condominiums & Apartments

There was a total of 16 condominiums and apartments sold in the Erin Mills community this November, compared to 12 condominiums and apartments sold in November 2017. The average sale price was $590,181, which is a 22.6% decrease from November 2017 average sale price of $481,375. The average days on the market was 18 days, a slight decrease from November 2017 which averaged 23 days on the market. The lowest price of a home sold was $380,000 while the highest price of a home sold was $950,000.

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 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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