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Mississauga Real Estate News

Statistics for Mississauga Home Sales – May 2019

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

Detached Homes

There was a total of 16 detached homes sold in the Lorne Park community this May, compared to 20 detached homes sold in May 2018. The average sale price was $1,806,688, which is a 4.2% increase from May 2018 average sale price of $1,734,050. The average days on the market was 17 days, a significant decrease from May 2018 which averaged 29 days on the market. The lowest price of a home sold was $1,115,000 while the highest price of a home sold was $2,875,000.

Semi-Detached Homes & Townhouses

There was a total of 1 semi-detached homes and townhouses sold in the Lorne Park community this May, compared to 1 semi-detached homes and townhouses sold in May 2018. The average sale price was $700,000, which is a 2.8% decrease from May 2018 average sale price of $720,000. The average days on the market was 13 days, a significant decrease from May 2018 which averaged 29 days on the market. The lowest price of a home sold was $700,000 while the highest price of a home sold was $700,000.

Condominiums & Apartments

There were 3 condominiums sold in Lorne Park in May 2019.

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

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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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