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Mississauga Real Estate Market News – March 2019 – Community: Erindale

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

Detached Homes

There was a total of 11 detached homes sold in the Erindale community this March, compared to 9 detached homes sold in March 2018. The average sale price was $1,217,591, which is a 7.3% decrease from March 2018 average sale price of $1,312,961. The average days on the market was 29 days, a slight increase from March 2018 which averaged 27 days on the market. The lowest price of a home sold was $750,000 while the highest price of a home sold was $2,425,000.

Semi-Detached Homes & Townhouses

There was a total of 9 semi-detached homes and townhouses sold in the Erindale community this March, compared to 6 semi-detached homes and townhouses sold in March 2018. The average sale price was $716,333, which is a 6.1% decrease from March 2018 average sale price of $675,333. The average days on the market was 8 days, a slight decrease from March 2018 which averaged 16 days on the market. The lowest price of a home sold was $650,000 while the highest price of a home sold was $765,000.

Condominiums & Apartments

There was a total of 6 condominiums and apartments sold in the Erindale community this March, compared to 10 condominiums and apartments sold in March 2018. The average sale price was $428,083, which is a a 1.3% decrease from March 2018 average sale price of $422,490. The average days on the market was 14 days, a slight decrease from March 2018 which averaged 18 days on the market. The lowest price of a home sold was $339,500 while the highest price of a home sold was $550,000.

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

Find My Nest is Mississauga’s leading cash back realtor. If you’d like more information on the 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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