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Mississauga Real Estate News

Statistics for Mississauga Home Sales – August 2019

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

Detached Homes

There was a total of 14 detached homes sold in the Lorne Park community this August, compared to 8 detached homes sold in August 2018. The average sale price was $1,956,161, which is a 50.3% increase from August 2018 average sale price of $1,301,125. The average days on the market was 31 days, a slight decrease from August 2018 which averaged 32 days on the market. The lowest price of a home sold was $1,100,000 while the highest price of a home sold was $5,625,000.

Semi-Detached Homes & Townhouses

There was a total of 1 semi-detached homes and townhouses sold in the Lorne Park community this August, compared to 1 semi-detached homes and townhouses sold in August 2018. The average sale price was $774,000, which is a 40.7% decrease from August 2018 average sale price of $550,000. The average days on the market was 8 days, a significant decrease from August 2018 which averaged 38 days on the market. The lowest price of a home sold was $774,000 while the highest price of a home sold was $774,000.

Condominiums & Apartments

There was a total of 2 condominiums and apartments sold in the Lorne Park community this August, compared to 2 condominiums and apartments sold in August 2018. The average sale price was $887,500, which is a a 32.4% decrease from August 2018 average sale price of $1,312,500. The average days on the market was 12 days, a slight decrease from August 2018 which averaged 21 days on the market. The lowest price of a home sold was $870,000 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.

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Interested in what happened last month? Check out last month’s stats here on the Mississauga real estate activity. 

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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