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

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

Mississauga Real Estate - Erin Mills

Detached Homes

There was a total of 20 detached homes sold in the Erin Mills community this October, compared to 15 detached homes sold in October 2018. The average sale price was $1,071,853, which is a 14.0% increase from October 2018 average sale price of $940,068. The average days on the market was 25 days, a slight decrease from October 2018 which averaged 26 days on the market. The lowest price of a home sold was $720,000 while the highest price of a home sold was $2,200,000.

Semi-Detached Homes & Townhouses

There was a total of 5 semi-detached homes and townhouses sold in the Erin Mills community this October, compared to 4 semi-detached homes and townhouses sold in October 2018. The average sale price was $783,160, which is a 5.2% increase from October 2018 average sale price of $744,598. The average days on the market was 13 days, a slight increase from October 2018 which averaged 11 days on the market. The lowest price of a home sold was $725,000 while the highest price of a home sold was $843,000.

Condominiums & Apartments

There was a total of 26 condominiums and apartments sold in the Erin Mills community this October, compared to 21 condominiums and apartments sold in October 2018. The average sale price was $615,548, which is a a 10.7% increase from October 2018 average sale price of $556,190. The average days on the market was 22 days, a slight increase from October 2018 which averaged 17 days on the market. The lowest price of a home sold was $315,000 while the highest price of a home sold was $1,050,000.

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

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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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